908 Capital Lease Obligations vs Property Plant And Equipment Net Analysis

MASS Stock

USD 2.30 0.25 9.80%

908 Devices financial indicator trend analysis is way more than just evaluating 908 Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 908 Devices is a good investment. Please check the relationship between 908 Devices Capital Lease Obligations and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 908 Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.

Capital Lease Obligations vs Property Plant And Equipment Net

Capital Lease Obligations vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 908 Devices Capital Lease Obligations account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.

The correlation between 908 Devices' Capital Lease Obligations and Property Plant And Equipment Net is 0.75. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of 908 Devices, assuming nothing else is changed. The correlation between historical values of 908 Devices' Capital Lease Obligations and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of 908 Devices are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Capital Lease Obligations i.e., 908 Devices' Capital Lease Obligations and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Lease Obligations

908 Devices capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to 908 Devices asset purchases. For example, 908 Devices can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as 908 Devices control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from 908 Devices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 908 Devices 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 908 Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.Selling General Administrative is likely to drop to about 28.5 M in 2025. Tax Provision is likely to gain to about (180.4 K) in 2025

	2022	2023	2024	2025 (projected)
Interest Expense	129K	201K	180.9K	171.9K
Depreciation And Amortization	1.6M	2.4M	2.7M	1.4M

Interest Expense Depreciation And Amortization

908 Devices fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		-0.45	0.86	0.91	1.0	0.94	0.98	-0.81	0.82	-0.98	-0.85	0.99	0.98	0.63	0.13	0.93	0.88	0.99	0.83	0.99	0.9	-0.91	-0.85	0.83	0.93	0.9
Short Long Term Debt Total	-0.45		-0.75	-0.7	-0.46	-0.7	-0.56	0.15	-0.86	0.3	0.81	-0.52	-0.3	-0.8	-0.42	-0.64	-0.46	-0.38	-0.29	-0.52	-0.61	0.7	0.45	-0.75	-0.58	-0.74
Other Current Liab	0.86	-0.75		0.99	0.86	0.91	0.85	-0.49	0.91	-0.74	-0.93	0.89	0.75	0.92	0.19	0.98	0.83	0.8	0.64	0.91	0.93	-0.86	-0.77	0.99	0.94	0.91
Total Current Liabilities	0.91	-0.7	0.99		0.91	0.93	0.9	-0.57	0.91	-0.81	-0.94	0.93	0.81	0.88	0.19	0.98	0.88	0.86	0.67	0.95	0.96	-0.89	-0.8	0.98	0.94	0.92
Total Stockholder Equity	1.0	-0.46	0.86	0.91		0.93	0.98	-0.78	0.81	-0.97	-0.85	0.99	0.97	0.63	0.15	0.93	0.86	0.99	0.82	0.99	0.89	-0.93	-0.83	0.82	0.92	0.89
Other Liab	0.94	-0.7	0.91	0.93	0.93		0.97	-0.76	0.96	-0.88	-0.96	0.95	0.88	0.74	0.22	0.92	0.88	0.91	0.73	0.94	0.93	-0.96	-0.86	0.88	0.91	0.97
Net Tangible Assets	0.98	-0.56	0.85	0.9	0.98	0.97		-0.82	0.88	-0.95	-0.89	0.97	0.96	0.62	0.24	0.9	0.87	0.97	0.81	0.97	0.9	-0.96	-0.82	0.81	0.9	0.93
Property Plant And Equipment Net	-0.81	0.15	-0.49	-0.57	-0.78	-0.76	-0.82		-0.61	0.87	0.62	-0.76	-0.88	-0.21	0.0	-0.58	-0.79	-0.85	-0.68	-0.73	-0.71	0.69	0.75	-0.46	-0.63	-0.69
Current Deferred Revenue	0.82	-0.86	0.91	0.91	0.81	0.96	0.88	-0.61		-0.71	-0.98	0.84	0.72	0.81	0.32	0.87	0.83	0.77	0.6	0.84	0.9	-0.91	-0.76	0.9	0.85	0.96
Net Debt	-0.98	0.3	-0.74	-0.81	-0.97	-0.88	-0.95	0.87	-0.71		0.76	-0.95	-1.0	-0.47	-0.07	-0.84	-0.82	-0.99	-0.84	-0.94	-0.82	0.86	0.83	-0.69	-0.86	-0.82
Retained Earnings	-0.85	0.81	-0.93	-0.94	-0.85	-0.96	-0.89	0.62	-0.98	0.76		-0.87	-0.76	-0.83	-0.25	-0.9	-0.85	-0.81	-0.61	-0.87	-0.92	0.91	0.8	-0.93	-0.89	-0.96
Accounts Payable	0.99	-0.52	0.89	0.93	0.99	0.95	0.97	-0.76	0.84	-0.95	-0.87		0.95	0.69	0.09	0.96	0.85	0.97	0.85	0.98	0.89	-0.92	-0.88	0.86	0.96	0.93
Cash	0.98	-0.3	0.75	0.81	0.97	0.88	0.96	-0.88	0.72	-1.0	-0.76	0.95		0.47	0.08	0.84	0.84	0.99	0.85	0.94	0.83	-0.86	-0.83	0.7	0.86	0.83
Non Current Assets Total	0.63	-0.8	0.92	0.88	0.63	0.74	0.62	-0.21	0.81	-0.47	-0.83	0.69	0.47		0.0	0.85	0.63	0.54	0.34	0.71	0.78	-0.68	-0.7	0.94	0.78	0.76
Non Currrent Assets Other	0.13	-0.42	0.19	0.19	0.15	0.22	0.24	0.0	0.32	-0.07	-0.25	0.09	0.08	0.0		0.13	0.21	0.13	0.24	0.16	0.19	-0.32	0.31	0.16	0.1	0.23
Other Assets	0.93	-0.64	0.98	0.98	0.93	0.92	0.9	-0.58	0.87	-0.84	-0.9	0.96	0.84	0.85	0.13		0.84	0.88	0.76	0.95	0.92	-0.87	-0.83	0.96	0.98	0.93
Long Term Debt	0.88	-0.46	0.83	0.88	0.86	0.88	0.87	-0.79	0.83	-0.82	-0.85	0.85	0.84	0.63	0.21	0.84		0.87	0.63	0.89	0.97	-0.78	-0.74	0.83	0.82	0.83
Cash And Short Term Investments	0.99	-0.38	0.8	0.86	0.99	0.91	0.97	-0.85	0.77	-0.99	-0.81	0.97	0.99	0.54	0.13	0.88	0.87		0.84	0.97	0.87	-0.9	-0.83	0.76	0.9	0.86
Net Receivables	0.83	-0.29	0.64	0.67	0.82	0.73	0.81	-0.68	0.6	-0.84	-0.61	0.85	0.85	0.34	0.24	0.76	0.63	0.84		0.76	0.62	-0.7	-0.63	0.58	0.84	0.79
Common Stock Total Equity	0.99	-0.52	0.91	0.95	0.99	0.94	0.97	-0.73	0.84	-0.94	-0.87	0.98	0.94	0.71	0.16	0.95	0.89	0.97	0.76		0.93	-0.93	-0.82	0.87	0.92	0.89
Common Stock Shares Outstanding	0.9	-0.61	0.93	0.96	0.89	0.93	0.9	-0.71	0.9	-0.82	-0.92	0.89	0.83	0.78	0.19	0.92	0.97	0.87	0.62	0.93		-0.85	-0.8	0.93	0.88	0.89
Non Current Liabilities Total	-0.91	0.7	-0.86	-0.89	-0.93	-0.96	-0.96	0.69	-0.91	0.86	0.91	-0.92	-0.86	-0.68	-0.32	-0.87	-0.78	-0.9	-0.7	-0.93	-0.85		0.75	-0.81	-0.84	-0.9
Capital Lease Obligations	-0.85	0.45	-0.77	-0.8	-0.83	-0.86	-0.82	0.75	-0.76	0.83	0.8	-0.88	-0.83	-0.7	0.31	-0.83	-0.74	-0.83	-0.63	-0.82	-0.8	0.75		-0.77	-0.85	-0.84
Inventory	0.83	-0.75	0.99	0.98	0.82	0.88	0.81	-0.46	0.9	-0.69	-0.93	0.86	0.7	0.94	0.16	0.96	0.83	0.76	0.58	0.87	0.93	-0.81	-0.77		0.92	0.89
Other Current Assets	0.93	-0.58	0.94	0.94	0.92	0.91	0.9	-0.63	0.85	-0.86	-0.89	0.96	0.86	0.78	0.1	0.98	0.82	0.9	0.84	0.92	0.88	-0.84	-0.85	0.92		0.95
Other Stockholder Equity	0.9	-0.74	0.91	0.92	0.89	0.97	0.93	-0.69	0.96	-0.82	-0.96	0.93	0.83	0.76	0.23	0.93	0.83	0.86	0.79	0.89	0.89	-0.9	-0.84	0.89	0.95

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908 Devices Account Relationship Matchups

908 Devices fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	178.8M	260.9M	242.6M	203.0M	233.4M	174.3M
Short Long Term Debt Total	21.9M	20.9M	16.5M	5.9M	5.4M	5.1M
Other Current Liab	3.9M	5.6M	7.4M	8.7M	10.0M	5.7M
Total Current Liabilities	10.8M	14.8M	19.2M	22.5M	25.9M	14.3M
Total Stockholder Equity	139.0M	214.6M	190.6M	165.5M	190.3M	109.3M
Other Liab	1.3M	8.8M	12.0M	14.7M	16.9M	17.8M
Net Tangible Assets	(63.2M)	139.0M	214.6M	172.1M	197.9M	207.8M
Property Plant And Equipment Net	7.1M	6.8M	7.0M	9.6M	8.6M	6.5M
Current Deferred Revenue	3.1M	5.2M	7.5M	10.6M	12.2M	12.8M
Net Debt	(137.4M)	(203.2M)	(172.0M)	(115.1M)	(103.6M)	(108.8M)
Retained Earnings	(78.5M)	(100.6M)	(134.2M)	(170.6M)	(153.5M)	(161.2M)
Accounts Payable	1.0M	1.4M	1.4M	1.2M	1.4M	1.1M
Cash	159.2M	224.1M	188.4M	121.0M	139.2M	131.6M
Non Current Assets Total	7.9M	8.0M	27.0M	29.2M	33.6M	16.8M
Non Currrent Assets Other	723K	1.2M	(1.3M)	1.4M	1.3M	1.3M
Other Assets	511K	723K	1.2M	1.4M	1.6M	962.9K
Cash And Short Term Investments	159.2M	224.1M	188.4M	145.7M	167.5M	136.1M
Net Receivables	6.9M	16.4M	10.0M	9.0M	10.3M	9.8M
Common Stock Shares Outstanding	27.3M	28.0M	31.5M	32.2M	37.1M	30.1M
Liabilities And Stockholders Equity	178.8M	260.9M	242.6M	203.0M	233.4M	174.3M
Non Current Liabilities Total	29.0M	31.5M	32.8M	14.9M	13.4M	12.8M
Capital Lease Obligations	7.0M	5.9M	1.5M	5.9M	5.4M	4.9M
Inventory	4.6M	7.9M	12.5M	14.9M	17.2M	8.9M
Other Current Assets	647K	4.5M	4.7M	4.2M	4.8M	2.7M
Other Stockholder Equity	38.7M	315.2M	324.0M	334.7M	384.9M	404.1M
Total Liab	39.8M	46.3M	52.0M	37.5M	33.7M	47.2M
Net Invested Capital	153.9M	229.6M	15M	165.5M	190.3M	199.8M
Property Plant And Equipment Gross	7.1M	6.8M	7.0M	15.5M	17.9M	10.1M
Total Current Assets	171.0M	252.9M	215.6M	173.8M	199.9M	157.5M
Accumulated Other Comprehensive Income	(178.8M)	0.0	798K	1.4M	1.6M	1.6M
Capital Stock	27K	31K	32K	33K	38.0K	24.4K
Net Working Capital	160.1M	238.1M	196.4M	151.2M	173.9M	143.1M
Short Term Debt	2.9M	2.7M	2.9M	5.3M	6.1M	6.4M
Common Stock	27K	31K	32K	33K	38.0K	24.4K
Property Plant Equipment	8.6M	7.1M	6.8M	3.1M	2.8M	2.6M

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