Movano Total Stockholder Equity vs Total Current Assets Analysis
| MOVE Stock | USD 6.45 0.30 4.88% |
Movano financial indicator trend analysis is infinitely more than just investigating Movano Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Movano Inc is a good investment. Please check the relationship between Movano Total Stockholder Equity and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Total Stockholder Equity vs Total Current Assets
Total Stockholder Equity vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Movano Inc Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Movano's Total Stockholder Equity and Total Current Assets is -0.16. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Movano Inc, assuming nothing else is changed. The correlation between historical values of Movano's Total Stockholder Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Movano Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Movano's Total Stockholder Equity and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Movano's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Movano Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. As of December 12, 2024, Selling General Administrative is expected to decline to about 12.2 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 17.3 M
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 74K | 134K | 158K | 150.1K | Research Development | 13.4M | 19.0M | 16.9M | 20.1M |
Movano fundamental ratios Correlations
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Movano Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Movano fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 4.9M | 7.1M | 36.3M | 13.2M | 9.4M | 8.9M | |
| Other Current Liab | 843K | 666K | 2.9M | 4.2M | 1.3M | 1.2M | |
| Total Current Liabilities | 858K | 1.2M | 3.2M | 5.0M | 5.9M | 5.6M | |
| Total Stockholder Equity | 4.0M | (8.1M) | 32.7M | 7.9M | 3.4M | 3.3M | |
| Other Liab | 32K | 2.5M | 317K | 350K | 315K | 299.3K | |
| Accounts Payable | 15K | 246K | 311K | 557K | 3.1M | 3.5M | |
| Cash | 4.3M | 5.7M | 17.7M | 10.8M | 6.1M | 5.8M | |
| Other Assets | 323K | 144K | 678K | 1.2M | 1.0 | 0.95 | |
| Total Liab | 890K | 15.1M | 3.5M | 5.3M | 6.0M | 5.7M | |
| Property Plant Equipment | 51K | 38K | 529K | 443K | 398.7K | 378.8K | |
| Net Tangible Assets | (19.9M) | (40.9M) | 32.7M | 7.9M | 9.1M | 9.6M | |
| Property Plant And Equipment Net | 51K | 38K | 529K | 443K | 589K | 311.5K | |
| Net Debt | (4.3M) | 6.0M | (17.7M) | (10.3M) | (5.9M) | (6.2M) | |
| Retained Earnings | (19.9M) | (40.9M) | (64.8M) | (95.1M) | (124.4M) | (118.2M) | |
| Non Current Assets Total | 374K | 182K | 1.2M | 1.6M | 898K | 822.8K | |
| Non Currrent Assets Other | 323K | 144K | 678K | 1.2M | 309K | 511.3K | |
| Cash And Short Term Investments | 4.3M | 5.7M | 33.6M | 10.8M | 6.1M | 11.7M | |
| Common Stock Shares Outstanding | 17.2M | 2.1M | 2.2M | 2.2M | 3.1M | 2.9M | |
| Liabilities And Stockholders Equity | 4.9M | 7.1M | 36.3M | 13.2M | 9.4M | 13.6M | |
| Non Current Liabilities Total | 32K | 14.0M | 317K | 350K | 73K | 69.4K | |
| Other Stockholder Equity | 14K | 1K | 97.5M | 103.0M | 127.8M | 134.2M | |
| Net Invested Capital | (19.9M) | (29.2M) | 32.7M | 8.0M | 3.4M | 3.6M | |
| Property Plant And Equipment Gross | 51K | 38K | 630K | 671K | 720K | 395.8K | |
| Total Current Assets | 4.5M | 6.9M | 35.1M | 11.6M | 8.5M | 12.8M | |
| Net Working Capital | 3.7M | 5.7M | 31.8M | 6.7M | 2.6M | 2.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Movano Inc is a strong investment it is important to analyze Movano's 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 Movano's future performance. For an informed investment choice regarding Movano Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Technology Hardware, Storage & Peripherals 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 Movano. If investors know Movano 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 Movano listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.80) | Revenue Per Share 0.197 | Return On Assets (0.89) | Return On Equity (1.81) |
The market value of Movano Inc is measured differently than its book value, which is the value of Movano that is recorded on the company's balance sheet. Investors also form their own opinion of Movano's value that differs from its market value or its book value, called intrinsic value, which is Movano's 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 Movano's market value can be influenced by many factors that don't directly affect Movano's 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 Movano's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movano is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movano's 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.