Vivani Common Stock Shares Outstanding vs Cash Analysis
VANI Stock | USD 1.29 0.02 1.53% |
Vivani Medical financial indicator trend analysis is much more than just breaking down Vivani Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vivani Medical is a good investment. Please check the relationship between Vivani Medical Common Stock Shares Outstanding and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vivani Medical Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vivani Medical's Common Stock Shares Outstanding and Cash is 0.8. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of Vivani Medical, assuming nothing else is changed. The correlation between historical values of Vivani Medical's Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Vivani Medical are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., Vivani Medical's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash
Cash refers to the most liquid asset of Vivani Medical, which is listed under current asset account on Vivani Medical balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Vivani Medical customers. The amounts must be unrestricted with restricted cash listed in a different Vivani Medical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Vivani Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vivani Medical 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.The current Selling General Administrative is estimated to decrease to about 7.9 M. The current Issuance Of Capital Stock is estimated to decrease to about 126.3 K
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 13.3M | 21.2M | 27.0M | 24.7M | Cost Of Revenue | 345K | 381K | 357K | 339.2K |
Vivani Medical fundamental ratios Correlations
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Vivani Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vivani Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.6M | 5.2M | 5.5M | 51.1M | 45.8M | 23.7M | |
Other Current Liab | 5.3M | 238K | 560K | 4.4M | 3.5M | 2.8M | |
Total Current Liabilities | 7.0M | 2.2M | 2.1M | 6.8M | 5.7M | 6.0M | |
Total Stockholder Equity | 7.3M | 2.0M | 2.5M | 44.3M | 20.8M | 13.0M | |
Property Plant And Equipment Net | 3.5M | 2.6M | 2.8M | 2.0M | 21.3M | 22.4M | |
Net Debt | (8.7M) | 386K | (366K) | (44.1M) | 42K | 44.1K | |
Retained Earnings | (304.8M) | (46.1M) | (58.9M) | (72.8M) | (98.4M) | (103.4M) | |
Accounts Payable | 1.1M | 223K | 281K | 1.2M | 542K | 806.5K | |
Cash | 11.3M | 2.1M | 2.2M | 45.1M | 20.7M | 21.7M | |
Non Current Assets Total | 3.5M | 2.8M | 3.0M | 3.6M | 22.7M | 23.9M | |
Non Currrent Assets Other | 37K | 25K | 200K | 275K | 52.0K | 49.4K | |
Cash And Short Term Investments | 11.3M | 2.1M | 2.2M | 45.1M | 20.7M | 15.4M | |
Common Stock Shares Outstanding | 4.9M | 6.9M | 11.0M | 38.2M | 50.9M | 53.4M | |
Liabilities And Stockholders Equity | 16.6M | 5.2M | 5.5M | 51.1M | 45.8M | 23.7M | |
Other Current Assets | 299K | 1.1M | 291K | 2.5M | 2.4M | 2.5M | |
Other Stockholder Equity | 48.6M | 5.0M | 6.7M | 8.0M | 119.1M | 125.0M | |
Total Liab | 9.3M | 3.3M | 3.0M | 6.8M | 25.0M | 26.3M | |
Total Current Assets | 13.1M | 2.4M | 2.5M | 47.5M | 23.1M | 19.6M | |
Accumulated Other Comprehensive Income | (562K) | (448K) | (379K) | 35K | 140K | 147K | |
Common Stock | 264.0M | 43.0M | 54.6M | 109.1M | 5K | 4.8K |
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When determining whether Vivani Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vivani Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vivani Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vivani Medical Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Biotechnology 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 Vivani Medical. If investors know Vivani 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 Vivani Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.46) | Return On Assets (0.29) | Return On Equity (0.86) |
The market value of Vivani Medical is measured differently than its book value, which is the value of Vivani that is recorded on the company's balance sheet. Investors also form their own opinion of Vivani Medical's value that differs from its market value or its book value, called intrinsic value, which is Vivani Medical'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 Vivani Medical's market value can be influenced by many factors that don't directly affect Vivani Medical'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 Vivani Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivani Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivani Medical'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.