Microbot Non Currrent Assets Other vs Short Term Investments Analysis
MBOT Stock | USD 0.97 0.02 2.02% |
Microbot Medical financial indicator trend analysis is infinitely more than just investigating Microbot Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microbot Medical is a good investment. Please check the relationship between Microbot Medical Non Currrent Assets Other and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microbot 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 persons. For more information on how to buy Microbot Stock please use our How to Invest in Microbot Medical guide.
Non Currrent Assets Other vs Short Term Investments
Non Currrent Assets Other vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microbot Medical Non Currrent Assets Other account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Microbot Medical's Non Currrent Assets Other and Short Term Investments is 0.13. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Microbot Medical, assuming nothing else is changed. The correlation between historical values of Microbot Medical's Non Currrent Assets Other and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Microbot Medical are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Microbot Medical's Non Currrent Assets Other and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Short Term Investments
Short Term Investments is an item under the current assets section of Microbot Medical balance sheet. It contains any investments Microbot Medical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Microbot Medical can easily liquidate in the marketplace.Most indicators from Microbot Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Microbot 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microbot 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 persons. For more information on how to buy Microbot Stock please use our How to Invest in Microbot Medical guide.At this time, Microbot Medical's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 28.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.9 M in 2024.
Microbot Medical fundamental ratios Correlations
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Microbot Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Microbot Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.1M | 26.3M | 16.8M | 9.5M | 8.3M | 7.9M | |
Other Current Liab | 608K | 696K | 1.4M | 1.7M | 3.2M | 2.6M | |
Total Current Liabilities | 4.8M | 1.3M | 2.0M | 2.1M | 3.8M | 4.8M | |
Total Stockholder Equity | 31.5M | 24.3M | 14.4M | 7.3M | 4.5M | 4.3M | |
Property Plant And Equipment Net | 1.2M | 1.0M | 888K | 723K | 406K | 385.7K | |
Net Debt | (27.9M) | (18.8M) | (12.8M) | (2.0M) | (2.2M) | (2.3M) | |
Retained Earnings | (35.1M) | (44.3M) | (55.6M) | (68.8M) | (79.5M) | (83.5M) | |
Accounts Payable | 284K | 275K | 279K | 116K | 357K | 489.2K | |
Cash | 28.8M | 19.7M | 13.5M | 2.4M | 2.5M | 2.3M | |
Non Current Assets Total | 1.2M | 1.0M | 888K | 723K | 406K | 385.7K | |
Non Currrent Assets Other | 259K | 962K | 5.0K | (1.0) | (0.9) | (0.85) | |
Cash And Short Term Investments | 31.3M | 24.6M | 15.5M | 8.2M | 6.4M | 6.1M | |
Net Receivables | 101K | 340K | 174K | 103K | 1.3M | 1.4M | |
Common Stock Shares Outstanding | 4.3M | 7.1M | 7.1M | 7.3M | 10.2M | 10.7M | |
Liabilities And Stockholders Equity | 37.1M | 26.3M | 16.8M | 9.5M | 8.3M | 7.9M | |
Non Current Liabilities Total | 760K | 626K | 402K | 179K | 40K | 38K | |
Other Current Assets | 7.2M | 265K | 213K | 609K | 1.5M | 1.5M | |
Other Stockholder Equity | 66.6M | 68.5M | 69.9M | 76.0M | 83.9M | 88.1M | |
Total Liab | 5.6M | 2.0M | 2.4M | 2.2M | 3.8M | 3.6M | |
Total Current Assets | 35.9M | 25.3M | 15.9M | 8.8M | 7.9M | 7.5M | |
Property Plant And Equipment Gross | 1.2M | 251.0 | 1.2M | 1.1M | 899K | 854.1K | |
Common Stock Total Equity | 406K | 31K | 72K | 72.0 | 64.8 | 61.56 | |
Common Stock | 406K | 31K | 72K | 80K | 118K | 112.1K | |
Net Tangible Assets | 31.5M | 24.3M | 14.4M | 7.3M | 8.4M | 11.1M | |
Retained Earnings Total Equity | (20.6M) | (27.9M) | (35.1M) | (44.3M) | (50.9M) | (53.5M) | |
Capital Surpluse | 30.2M | 32.5M | 70.0M | 68.5M | 61.7M | 58.6M | |
Property Plant Equipment | 228K | 1.0M | 888K | 723K | 650.7K | 1.2M |
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When running Microbot Medical's price analysis, check to measure Microbot Medical'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 Microbot Medical is operating at the current time. Most of Microbot Medical's value examination focuses on studying past and present price action to predict the probability of Microbot Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microbot Medical's price. Additionally, you may evaluate how the addition of Microbot Medical to your portfolios can decrease your overall portfolio volatility.