Movano Operating Income vs Ebitda Analysis

MOVE Stock  USD 6.46  0.11  1.67%   
Movano financial indicator trend analysis is infinitely more than just investigating Movano Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Movano Inc is a good investment. Please check the relationship between Movano Operating Income and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Movano Inc Operating Income account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Movano's Operating Income and Ebitda is 0.89. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Movano Inc, assuming nothing else is changed. The correlation between historical values of Movano's Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Movano Inc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., Movano's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Operating Income

Operating Income is the amount of profit realized from Movano Inc 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 Movano Inc 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.

Ebitda

Most indicators from Movano's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Movano Inc 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 Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
As of December 17, 2024, Selling General Administrative is expected to decline to about 12.2 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 17.3 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue74K134K158K150.1K
Research Development13.4M19.0M16.9M20.1M

Movano fundamental ratios Correlations

0.950.961.00.960.910.920.950.930.990.98-0.360.890.930.91-0.630.060.76-0.03-0.210.090.26-0.22-0.19-0.160.31
0.951.00.940.830.950.950.830.790.90.95-0.250.740.990.99-0.620.350.64-0.04-0.260.110.32-0.26-0.22-0.210.38
0.961.00.940.840.970.950.830.790.90.95-0.310.740.990.99-0.640.350.66-0.03-0.230.10.28-0.24-0.21-0.210.35
1.00.940.940.970.90.890.960.940.990.96-0.360.890.920.9-0.660.040.77-0.01-0.20.060.26-0.2-0.18-0.140.3
0.960.830.840.970.80.781.00.980.990.91-0.430.970.790.77-0.58-0.210.82-0.05-0.160.080.18-0.16-0.14-0.130.21
0.910.950.970.90.80.920.790.750.860.91-0.50.670.970.95-0.710.350.710.04-0.110.090.1-0.17-0.2-0.190.24
0.920.950.950.890.780.920.770.750.850.94-0.230.670.940.94-0.620.350.59-0.02-0.240.080.3-0.24-0.21-0.170.35
0.950.830.830.961.00.790.770.980.990.91-0.430.970.780.76-0.57-0.230.82-0.04-0.150.070.18-0.15-0.13-0.120.21
0.930.790.790.940.980.750.750.980.970.87-0.40.950.740.72-0.54-0.260.790.1-0.05-0.080.14-0.06-0.060.070.13
0.990.90.90.990.990.860.850.990.970.95-0.40.940.860.85-0.61-0.080.8-0.03-0.170.070.22-0.18-0.16-0.130.25
0.980.950.950.960.910.910.940.910.870.95-0.340.860.920.91-0.550.120.72-0.08-0.230.130.26-0.24-0.21-0.190.3
-0.36-0.25-0.31-0.36-0.43-0.5-0.23-0.43-0.4-0.4-0.34-0.37-0.27-0.210.450.24-0.71-0.27-0.40.080.61-0.23-0.07-0.050.36
0.890.740.740.890.970.670.670.970.950.940.86-0.370.670.65-0.39-0.350.76-0.05-0.150.060.19-0.13-0.11-0.090.18
0.930.990.990.920.790.970.940.780.740.860.92-0.270.671.0-0.660.430.61-0.04-0.260.120.31-0.27-0.25-0.230.39
0.910.990.990.90.770.950.940.760.720.850.91-0.210.651.0-0.630.460.57-0.07-0.310.140.36-0.31-0.27-0.250.43
-0.63-0.62-0.64-0.66-0.58-0.71-0.62-0.57-0.54-0.61-0.550.45-0.39-0.66-0.63-0.22-0.77-0.020.23-0.07-0.090.150.080.07-0.17
0.060.350.350.04-0.210.350.35-0.23-0.26-0.080.120.24-0.350.430.46-0.22-0.23-0.05-0.250.120.28-0.26-0.23-0.210.34
0.760.640.660.770.820.710.590.820.790.80.72-0.710.760.610.57-0.77-0.230.07-0.070.02-0.09-0.04-0.01-0.010.01
-0.03-0.04-0.03-0.01-0.050.04-0.02-0.040.1-0.03-0.08-0.27-0.05-0.04-0.07-0.02-0.050.070.73-0.93-0.470.680.560.7-0.26
-0.21-0.26-0.23-0.2-0.16-0.11-0.24-0.15-0.05-0.17-0.23-0.4-0.15-0.26-0.310.23-0.25-0.070.73-0.73-0.880.90.710.7-0.78
0.090.110.10.060.080.090.080.07-0.080.070.130.080.060.120.14-0.070.120.02-0.93-0.730.43-0.77-0.71-0.80.36
0.260.320.280.260.180.10.30.180.140.220.260.610.190.310.36-0.090.28-0.09-0.47-0.880.43-0.81-0.65-0.480.89
-0.22-0.26-0.24-0.2-0.16-0.17-0.24-0.15-0.06-0.18-0.24-0.23-0.13-0.27-0.310.15-0.26-0.040.680.9-0.77-0.810.950.69-0.77
-0.19-0.22-0.21-0.18-0.14-0.2-0.21-0.13-0.06-0.16-0.21-0.07-0.11-0.25-0.270.08-0.23-0.010.560.71-0.71-0.650.950.6-0.66
-0.16-0.21-0.21-0.14-0.13-0.19-0.17-0.120.07-0.13-0.19-0.05-0.09-0.23-0.250.07-0.21-0.010.70.7-0.8-0.480.690.6-0.63
0.310.380.350.30.210.240.350.210.130.250.30.360.180.390.43-0.170.340.01-0.26-0.780.360.89-0.77-0.66-0.63
Click cells to compare fundamentals

Movano Account Relationship Matchups

Movano fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9M7.1M36.3M13.2M9.4M8.9M
Other Current Liab843K666K2.9M4.2M1.3M1.2M
Total Current Liabilities858K1.2M3.2M5.0M5.9M5.6M
Total Stockholder Equity4.0M(8.1M)32.7M7.9M3.4M3.3M
Other Liab32K2.5M317K350K315K299.3K
Accounts Payable15K246K311K557K3.1M3.5M
Cash4.3M5.7M17.7M10.8M6.1M5.8M
Other Assets323K144K678K1.2M1.00.95
Total Liab890K15.1M3.5M5.3M6.0M5.7M
Property Plant Equipment51K38K529K443K398.7K378.8K
Net Tangible Assets(19.9M)(40.9M)32.7M7.9M9.1M9.6M
Property Plant And Equipment Net51K38K529K443K589K311.5K
Net Debt(4.3M)6.0M(17.7M)(10.3M)(5.9M)(6.2M)
Retained Earnings(19.9M)(40.9M)(64.8M)(95.1M)(124.4M)(118.2M)
Non Current Assets Total374K182K1.2M1.6M898K822.8K
Non Currrent Assets Other323K144K678K1.2M309K511.3K
Cash And Short Term Investments4.3M5.7M33.6M10.8M6.1M11.7M
Common Stock Shares Outstanding17.2M2.1M2.2M2.2M3.1M2.9M
Liabilities And Stockholders Equity4.9M7.1M36.3M13.2M9.4M13.6M
Non Current Liabilities Total32K14.0M317K350K73K69.4K
Other Stockholder Equity14K1K97.5M103.0M127.8M134.2M
Net Invested Capital(19.9M)(29.2M)32.7M8.0M3.4M3.6M
Property Plant And Equipment Gross51K38K630K671K720K395.8K
Total Current Assets4.5M6.9M35.1M11.6M8.5M12.8M
Net Working Capital3.7M5.7M31.8M6.7M2.6M2.5M

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When determining whether Movano Inc is a strong investment it is important to analyze Movano's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Movano's future performance. For an informed investment choice regarding Movano Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
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Is Technology Hardware, Storage & Peripherals 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 Movano. If investors know Movano 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 Movano listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.80)
Revenue Per Share
0.197
Return On Assets
(0.89)
Return On Equity
(1.81)
The market value of Movano Inc is measured differently than its book value, which is the value of Movano that is recorded on the company's balance sheet. Investors also form their own opinion of Movano's value that differs from its market value or its book value, called intrinsic value, which is Movano'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 Movano's market value can be influenced by many factors that don't directly affect Movano'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 Movano's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movano is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movano'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.