Everspin Technologies Financials

MRAM Stock  USD 6.10  0.01  0.16%   
Based on the key indicators related to Everspin Technologies' liquidity, profitability, solvency, and operating efficiency, Everspin Technologies is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Everspin Technologies' Property Plant And Equipment Gross is very stable compared to the past year. As of the 28th of November 2024, Short and Long Term Debt is likely to grow to about 3.5 M, while Other Current Liabilities is likely to drop about 2.2 M. Key indicators impacting Everspin Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio6.926.5936
Sufficiently Up
Slightly volatile
The financial analysis of Everspin Technologies is a critical element in measuring its lifeblood. Investors should not minimize Everspin Technologies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

9.5 Million

  
Understanding current and past Everspin Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Everspin Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in Everspin Technologies' assets may result in an increase in income on the income statement.

Everspin Technologies Earnings Geography

Everspin Technologies Stock Summary

Everspin Technologies competes with First Solar, Sunrun, Canadian Solar, SolarEdge Technologies, and Sunnova Energy. Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory products in the United States, Hong Kong, Japan, China, Canada, and internationally. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona. Everspin Technologies operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 75 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS30041T1043
CUSIP30041T104
LocationArizona; U.S.A
Business Address5670 West Chandler
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.everspin.com
Phone480 347 1111
CurrencyUSD - US Dollar

Everspin Technologies Key Financial Ratios

Everspin Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets35.4M32.5M39.4M55.3M67.3M41.5M
Other Current Liab42K526K3.4M2.2M2.7M2.2M
Net Tangible Assets18.5M17.4M27.2M38.7M44.5M46.7M
Net Debt(3.2M)(4.2M)(15.7M)(17.5M)(31.4M)(29.8M)
Retained Earnings(148.7M)(157.2M)(152.8M)(146.7M)(137.7M)(144.5M)
Accounts Payable2.9M2.2M1.8M2.8M2.9M2.4M
Cash14.5M14.6M21.4M26.8M36.9M21.1M
Long Term Debt6.5M7.1M3.7M1.5M1.4M1.3M
Net Receivables5.8M7.6M8.2M10.7M11.6M7.1M
Inventory7.9M5.7M6.4M6.7M8.4M7.4M
Other Current Assets539K540K762K604K988K662.6K
Total Liab16.9M15.1M12.2M16.7M13.4M16.9M
Short Long Term Debt670K4.2M3.4M2.6M3.0M3.5M
Total Current Assets28.7M28.2M36.8M44.7M57.9M36.3M
Short Term Debt2.3M7.3M4.1M4.8M2.4M4.3M
Long Term Debt Total6.5M7.1M3.7M1.5M1.4M1.3M
Capital Surpluse167.1M174.6M180.1M185.4M213.2M155.0M
Net Invested Capital26.3M25.4M32.1M41.3M53.9M37.6M
Net Working Capital20.8M18.0M26.4M33.9M49.1M29.9M

Everspin Technologies Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense747K665K547K274K63K59.9K
Total Revenue37.5M42.0M55.1M60.0M63.8M46.5M
Gross Profit18.3M18.1M33.1M33.9M37.2M25.3M
Operating Income(13.6M)(7.6M)5.0M6.2M5.9M6.2M
Ebit(13.6M)(7.6M)4.9M6.4M5.9M6.2M
Research Development14.2M10.9M12.6M11.1M11.8M13.0M
Ebitda(11.4M)(5.6M)6.3M7.4M7.1M7.4M
Cost Of Revenue19.2M23.9M22.1M26.0M26.5M21.2M
Income Before Tax(14.7M)(8.3M)4.3M6.1M9.0M9.5M
Net Income(15.9M)(8.5M)4.3M6.1M9.1M9.5M
Income Tax Expense1.2M260K4K14K(16K)(15.2K)
Net Interest Income(747K)(665K)(547K)(274K)(119K)(125.0K)

Everspin Technologies Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory1.2M2.1M(675K)(287K)(1.7M)(1.6M)
Change In Cash(8.9M)112K6.8M5.4M10.2M10.7M
Net Borrowings(4.9M)(9K)(3.4M)(2.4M)(2.2M)(2.1M)
Free Cash Flow(9.0M)(3.2M)8.3M6.7M11.7M12.3M
Depreciation1.7M2.0M1.5M982K1.2M1.5M
Other Non Cash Items290K323K319K(85K)156K255.0K
Capital Expenditures861K320K1.0M2.8M1.4M1.6M
Net Income(14.7M)(8.5M)4.3M6.1M9.1M9.5M
End Period Cash Flow14.5M14.6M21.4M26.8M36.9M21.1M
Change To Netincome3.6M4.0M3.6M4.2M4.9M3.4M
Investments(861K)(320K)(1.0M)(2.6M)(2.5M)(2.7M)
Change Receivables1.7M(1.8M)(586K)(2.5M)(2.2M)(2.1M)

Everspin Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Everspin Technologies's current stock value. Our valuation model uses many indicators to compare Everspin Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Everspin Technologies competition to find correlations between indicators driving Everspin Technologies's intrinsic value. More Info.
Everspin Technologies is regarded second in return on equity category among its peers. It is regarded fourth in return on asset category among its peers . At this time, Everspin Technologies' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Everspin Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Everspin Technologies Systematic Risk

Everspin Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Everspin Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Everspin Technologies correlated with the market. If Beta is less than 0 Everspin Technologies generally moves in the opposite direction as compared to the market. If Everspin Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Everspin Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Everspin Technologies is generally in the same direction as the market. If Beta > 1 Everspin Technologies moves generally in the same direction as, but more than the movement of the benchmark.

Everspin Technologies Thematic Clasifications

Everspin Technologies is part of Semiconductor investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials
SemiconductorView
This theme covers Semiconductor materials and production. Companies involved in production of semiconductor and semiconductor materials. Get More Thematic Ideas
Today, most investors in Everspin Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Everspin Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Everspin Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.29

At this time, Everspin Technologies' Price Earnings To Growth Ratio is very stable compared to the past year.

Everspin Technologies November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Everspin Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Everspin Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Everspin Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Everspin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Everspin Technologies's daily price indicators and compare them against related drivers.
When determining whether Everspin Technologies is a strong investment it is important to analyze Everspin Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Everspin Technologies' future performance. For an informed investment choice regarding Everspin Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Everspin Technologies. If investors know Everspin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Everspin Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
0.07
Revenue Per Share
2.516
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.04)
The market value of Everspin Technologies is measured differently than its book value, which is the value of Everspin that is recorded on the company's balance sheet. Investors also form their own opinion of Everspin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Everspin Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Everspin Technologies' market value can be influenced by many factors that don't directly affect Everspin Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Everspin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everspin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everspin Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.