SemiLEDS Total Current Assets vs Cash Analysis

LEDS Stock

USD 1.29 0.01 0.78%

SemiLEDS financial indicator trend analysis is much more than just breaking down SemiLEDS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SemiLEDS is a good investment. Please check the relationship between SemiLEDS Total Current Assets and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.

Total Current Assets vs Cash

Total Current Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SemiLEDS Total Current Assets account and Cash. At this time, the significance of the direction appears to have totally related.

The correlation between SemiLEDS's Total Current Assets and Cash is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of SemiLEDS, assuming nothing else is changed. The correlation between historical values of SemiLEDS's Total Current Assets 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 Total Current Assets of SemiLEDS 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 Total Current Assets i.e., SemiLEDS's Total Current Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Cash

Cash refers to the most liquid asset of SemiLEDS, which is listed under current asset account on SemiLEDS balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SemiLEDS customers. The amounts must be unrestricted with restricted cash listed in a different SemiLEDS 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 SemiLEDS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SemiLEDS 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 SemiLEDS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.Selling General Administrative is likely to gain to about 4.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	369K	287K	247K	160.0K
Depreciation And Amortization	938K	1.0M	612K	581.4K

Interest Expense Depreciation And Amortization

SemiLEDS fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Assets	Long Term Debt	Non Current Liabilities Total
Total Assets		0.19	0.43	0.64	1.0	0.98	-0.97	0.71	0.97	0.97	0.98	0.94	0.97	0.88	-0.48	0.95	0.5	-0.2	0.66	0.54	0.99	-0.11	0.83	0.76	0.64	0.53
Short Long Term Debt Total	0.19		0.18	0.68	0.11	0.08	-0.08	-0.28	0.18	0.27	0.1	0.16	0.27	-0.02	0.35	0.24	0.33	0.51	0.75	-0.01	0.25	0.77	0.22	0.27	0.25	0.37
Other Current Liab	0.43	0.18		0.7	0.39	0.36	-0.5	0.06	0.47	0.52	0.37	0.46	0.5	0.14	0.07	0.35	0.17	0.27	0.58	0.18	0.46	0.02	0.39	0.37	0.23	0.02
Total Current Liabilities	0.64	0.68	0.7		0.58	0.55	-0.59	0.12	0.64	0.71	0.56	0.58	0.7	0.39	0.13	0.64	0.46	0.34	0.9	0.28	0.69	0.53	0.56	0.58	0.28	0.23
Total Stockholder Equity	1.0	0.11	0.39	0.58		0.99	-0.97	0.76	0.96	0.96	0.99	0.94	0.96	0.91	-0.53	0.95	0.47	-0.27	0.59	0.56	0.98	-0.16	0.82	0.74	0.63	0.5
Property Plant And Equipment Net	0.98	0.08	0.36	0.55	0.99		-0.93	0.77	0.96	0.91	1.0	0.93	0.91	0.91	-0.57	0.94	0.54	-0.28	0.56	0.52	0.95	-0.2	0.87	0.74	0.65	0.48
Net Debt	-0.97	-0.08	-0.5	-0.59	-0.97	-0.93		-0.72	-0.94	-0.98	-0.92	-0.93	-0.98	-0.83	0.49	-0.89	-0.35	0.24	-0.61	-0.57	-0.98	0.2	-0.71	-0.71	-0.6	-0.52
Retained Earnings	0.71	-0.28	0.06	0.12	0.76	0.77	-0.72		0.61	0.65	0.74	0.66	0.64	0.9	-0.78	0.66	0.19	-0.82	0.04	0.33	0.68	-0.3	0.46	0.55	0.46	0.26
Accounts Payable	0.97	0.18	0.47	0.64	0.96	0.96	-0.94	0.61		0.95	0.96	0.9	0.95	0.81	-0.44	0.9	0.56	-0.05	0.71	0.47	0.96	-0.18	0.84	0.72	0.67	0.57
Cash	0.97	0.27	0.52	0.71	0.96	0.91	-0.98	0.65	0.95		0.91	0.92	1.0	0.8	-0.4	0.91	0.42	-0.13	0.74	0.52	0.99	-0.04	0.73	0.75	0.64	0.58
Non Current Assets Total	0.98	0.1	0.37	0.56	0.99	1.0	-0.92	0.74	0.96	0.91		0.93	0.91	0.9	-0.56	0.94	0.56	-0.25	0.58	0.52	0.94	-0.19	0.89	0.74	0.65	0.49
Non Currrent Assets Other	0.94	0.16	0.46	0.58	0.94	0.93	-0.93	0.66	0.9	0.92	0.93		0.9	0.78	-0.51	0.95	0.48	-0.2	0.63	0.63	0.92	-0.18	0.85	0.76	0.63	0.56
Cash And Short Term Investments	0.97	0.27	0.5	0.7	0.96	0.91	-0.98	0.64	0.95	1.0	0.91	0.9		0.82	-0.38	0.9	0.4	-0.12	0.73	0.53	0.99	-0.03	0.71	0.73	0.61	0.56
Net Receivables	0.88	-0.02	0.14	0.39	0.91	0.91	-0.83	0.9	0.81	0.8	0.9	0.78	0.82		-0.65	0.82	0.4	-0.54	0.33	0.43	0.85	-0.13	0.66	0.71	0.53	0.34
Common Stock Shares Outstanding	-0.48	0.35	0.07	0.13	-0.53	-0.57	0.49	-0.78	-0.44	-0.4	-0.56	-0.51	-0.38	-0.65		-0.45	-0.25	0.73	0.08	-0.07	-0.42	0.54	-0.37	-0.43	-0.48	-0.37
Inventory	0.95	0.24	0.35	0.64	0.95	0.94	-0.89	0.66	0.9	0.91	0.94	0.95	0.9	0.82	-0.45		0.5	-0.19	0.64	0.66	0.93	-0.02	0.86	0.69	0.54	0.5
Other Current Assets	0.5	0.33	0.17	0.46	0.47	0.54	-0.35	0.19	0.56	0.42	0.56	0.48	0.4	0.4	-0.25	0.5		0.16	0.54	0.12	0.45	0.07	0.69	0.75	0.54	0.38
Other Stockholder Equity	-0.2	0.51	0.27	0.34	-0.27	-0.28	0.24	-0.82	-0.05	-0.13	-0.25	-0.2	-0.12	-0.54	0.73	-0.19	0.16		0.47	-0.11	-0.16	0.32	0.04	-0.16	-0.11	0.05
Total Liab	0.66	0.75	0.58	0.9	0.59	0.56	-0.61	0.04	0.71	0.74	0.58	0.63	0.73	0.33	0.08	0.64	0.54	0.47		0.23	0.71	0.37	0.61	0.58	0.53	0.59
Property Plant And Equipment Gross	0.54	-0.01	0.18	0.28	0.56	0.52	-0.57	0.33	0.47	0.52	0.52	0.63	0.53	0.43	-0.07	0.66	0.12	-0.11	0.23		0.55	-0.09	0.49	0.31	0.06	0.09
Total Current Assets	0.99	0.25	0.46	0.69	0.98	0.95	-0.98	0.68	0.96	0.99	0.94	0.92	0.99	0.85	-0.42	0.93	0.45	-0.16	0.71	0.55		-0.04	0.76	0.75	0.62	0.55
Short Term Debt	-0.11	0.77	0.02	0.53	-0.16	-0.2	0.2	-0.3	-0.18	-0.04	-0.19	-0.18	-0.03	-0.13	0.54	-0.02	0.07	0.32	0.37	-0.09	-0.04		-0.12	0.05	-0.29	-0.16
Intangible Assets	0.83	0.22	0.39	0.56	0.82	0.87	-0.71	0.46	0.84	0.73	0.89	0.85	0.71	0.66	-0.37	0.86	0.69	0.04	0.61	0.49	0.76	-0.12		0.66	0.59	0.41
Other Assets	0.76	0.27	0.37	0.58	0.74	0.74	-0.71	0.55	0.72	0.75	0.74	0.76	0.73	0.71	-0.43	0.69	0.75	-0.16	0.58	0.31	0.75	0.05	0.66		0.61	0.43
Long Term Debt	0.64	0.25	0.23	0.28	0.63	0.65	-0.6	0.46	0.67	0.64	0.65	0.63	0.61	0.53	-0.48	0.54	0.54	-0.11	0.53	0.06	0.62	-0.29	0.59	0.61		0.81
Non Current Liabilities Total	0.53	0.37	0.02	0.23	0.5	0.48	-0.52	0.26	0.57	0.58	0.49	0.56	0.56	0.34	-0.37	0.5	0.38	0.05	0.59	0.09	0.55	-0.16	0.41	0.43	0.81

Click cells to compare fundamentals

SemiLEDS Account Relationship Matchups

SemiLEDS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.6M	18.2M	16.1M	13.5M	11.1M	10.6M
Short Long Term Debt Total	7.9M	9.3M	8.5M	7.7M	3.9M	6.2M
Other Current Liab	3.6M	3.5M	3.8M	3.8M	3.8M	3.2M
Total Current Liabilities	9.0M	9.5M	9.3M	9.7M	7.0M	6.6M
Total Stockholder Equity	2.5M	4.6M	3.5M	1.2M	2.2M	2.1M
Property Plant And Equipment Net	5.8M	6.9M	5.7M	4.6M	3.9M	3.7M
Net Debt	5.0M	4.5M	4.2M	5.2M	2.2M	2.3M
Retained Earnings	(178.4M)	(181.2M)	(184.0M)	(186.6M)	(188.7M)	(198.1M)
Accounts Payable	536K	753K	286K	436K	137K	130.2K
Cash	2.8M	4.8M	4.3M	2.6M	1.7M	1.7M
Non Current Assets Total	7.1M	8.2M	6.9M	5.9M	5.2M	4.9M
Non Currrent Assets Other	164K	169K	186K	170K	228K	430.5K
Cash And Short Term Investments	2.8M	4.8M	4.3M	2.6M	1.7M	1.7M
Net Receivables	1.3M	865K	880K	793K	416K	395.2K
Common Stock Shares Outstanding	3.9M	4.2M	4.5M	4.9M	6.3M	3.4M
Liabilities And Stockholders Equity	14.6M	18.2M	16.1M	13.5M	11.1M	10.6M
Inventory	2.5M	3.9M	3.8M	4.0M	3.6M	5.1M
Other Current Assets	1.6M	658K	246K	207K	223K	211.9K
Other Stockholder Equity	177.2M	182.3M	183.7M	184.2M	187.3M	170.2M
Total Liab	12.0M	13.6M	12.6M	12.3M	8.9M	9.6M
Property Plant And Equipment Gross	5.8M	6.9M	5.7M	4.6M	43.1M	45.3M
Total Current Assets	7.5M	10.1M	9.1M	7.6M	6.0M	5.7M
Accumulated Other Comprehensive Income	3.6M	3.5M	3.7M	3.6M	3.5M	3.7M
Short Term Debt	4.8M	5.2M	5.2M	5.2M	3.0M	2.4M
Intangible Assets	89K	126K	102K	97K	90K	85.5K
Other Assets	164K	169K	1.3M	170K	153K	145.4K
Long Term Debt	2.9M	2.6M	1.9M	1.3M	870K	826.5K
Non Current Liabilities Total	3.0M	4.1M	3.3M	2.6M	1.9M	3.2M
Property Plant Equipment	5.9M	5.6M	6.9M	5.7M	5.1M	4.9M
Net Tangible Assets	1.6M	2.4M	4.5M	3.4M	3.0M	2.9M
Long Term Investments	952K	1.0M	922K	974K	969K	1.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for SemiLEDS Stock Analysis

When running SemiLEDS's price analysis, check to measure SemiLEDS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SemiLEDS is operating at the current time. Most of SemiLEDS's value examination focuses on studying past and present price action to predict the probability of SemiLEDS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SemiLEDS's price. Additionally, you may evaluate how the addition of SemiLEDS to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC