Everspin Selling And Marketing Expenses vs Operating Income Analysis
MRAM Stock | USD 6.14 0.04 0.66% |
Everspin Technologies financial indicator trend analysis is much more than just examining Everspin Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everspin Technologies is a good investment. Please check the relationship between Everspin Technologies Selling And Marketing Expenses and its Operating Income accounts. 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.
Selling And Marketing Expenses vs Operating Income
Selling And Marketing Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everspin Technologies Selling And Marketing Expenses account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Everspin Technologies' Selling And Marketing Expenses and Operating Income is 0.17. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Everspin Technologies, assuming nothing else is changed. The correlation between historical values of Everspin Technologies' Selling And Marketing Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Everspin Technologies are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling And Marketing Expenses i.e., Everspin Technologies' Selling And Marketing Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling And Marketing Expenses
Operating Income
Operating Income is the amount of profit realized from Everspin Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Everspin Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Everspin Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everspin Technologies 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 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.At this time, Everspin Technologies' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 23.13, while Selling General Administrative is likely to drop about 11.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 547K | 274K | 63K | 59.9K | Depreciation And Amortization | 1.5M | 982K | 1.2M | 1.6M |
Everspin Technologies fundamental ratios Correlations
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Everspin Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Everspin Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 35.4M | 32.5M | 39.4M | 55.3M | 67.3M | 41.5M | |
Short Long Term Debt Total | 11.2M | 10.4M | 5.8M | 9.3M | 5.6M | 9.5M | |
Other Current Liab | 42K | 526K | 3.4M | 2.2M | 2.7M | 2.2M | |
Total Current Liabilities | 7.9M | 10.5M | 10.4M | 10.9M | 8.8M | 11.2M | |
Total Stockholder Equity | 18.5M | 17.4M | 27.2M | 38.7M | 53.9M | 56.6M | |
Net Tangible Assets | 18.5M | 17.4M | 27.2M | 38.7M | 44.5M | 46.7M | |
Property Plant And Equipment Net | 6.6M | 4.3M | 1.9M | 10.5M | 9.2M | 5.0M | |
Current Deferred Revenue | 2.7M | 2.5M | 832K | 821K | 336K | 319.2K | |
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 Payable | 2.9M | 2.2M | 1.8M | 2.8M | 2.9M | 2.4M | |
Cash | 14.5M | 14.6M | 21.4M | 26.8M | 36.9M | 21.1M | |
Non Current Assets Total | 6.7M | 4.3M | 2.6M | 10.6M | 9.4M | 5.2M | |
Long Term Debt | 6.5M | 7.1M | 3.7M | 1.5M | 1.4M | 1.3M | |
Cash And Short Term Investments | 14.5M | 14.6M | 21.4M | 26.8M | 36.9M | 21.1M | |
Net Receivables | 5.8M | 7.6M | 8.2M | 10.7M | 11.6M | 7.1M | |
Common Stock Shares Outstanding | 17.3M | 18.8M | 20.0M | 20.8M | 21.4M | 15.6M | |
Liabilities And Stockholders Equity | 35.4M | 32.5M | 39.4M | 55.3M | 67.3M | 41.5M | |
Non Current Liabilities Total | 9.0M | 4.7M | 1.8M | 5.8M | 4.6M | 5.7M | |
Inventory | 7.9M | 5.7M | 6.4M | 6.7M | 8.4M | 7.4M | |
Other Current Assets | 539K | 540K | 762K | 604K | 988K | 662.6K | |
Other Stockholder Equity | 167.1M | 174.6M | 180.1M | 185.4M | 191.6M | 142.5M | |
Total Liab | 16.9M | 15.1M | 12.2M | 16.7M | 13.4M | 16.9M | |
Property Plant And Equipment Gross | 6.6M | 4.3M | 1.9M | 10.5M | 21.9M | 23.0M | |
Short Long Term Debt | 670K | 4.2M | 3.4M | 2.6M | 3.0M | 3.5M | |
Total Current Assets | 28.7M | 28.2M | 36.8M | 44.7M | 57.9M | 36.3M | |
Short Term Debt | 2.3M | 7.3M | 4.1M | 4.8M | 2.4M | 4.3M | |
Property Plant Equipment | 6.6M | 1.9M | 1.9M | 3.9M | 4.5M | 3.3M | |
Long Term Debt Total | 6.5M | 7.1M | 3.7M | 1.5M | 1.4M | 1.3M | |
Capital Surpluse | 167.1M | 174.6M | 180.1M | 185.4M | 213.2M | 155.0M | |
Net Invested Capital | 26.3M | 25.4M | 32.1M | 41.3M | 53.9M | 37.6M | |
Net Working Capital | 20.8M | 18.0M | 26.4M | 33.9M | 49.1M | 29.9M |
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Try AI Portfolio ArchitectCheck 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.