Energous Cash vs Total Current Liabilities Analysis

WATT Stock  USD 0.33  0.02  5.71%   
Energous financial indicator trend analysis is much more than just examining Energous latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energous is a good investment. Please check the relationship between Energous Cash and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.

Cash vs Total Current Liabilities

Cash vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energous Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Energous' Cash and Total Current Liabilities is 0.36. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Energous, assuming nothing else is changed. The correlation between historical values of Energous' Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Energous are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Energous' Cash and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Energous, which is listed under current asset account on Energous balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Energous customers. The amounts must be unrestricted with restricted cash listed in a different Energous 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.

Total Current Liabilities

Total Current Liabilities is an item on Energous balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Energous are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Energous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energous 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Energous. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Energous Stock please use our How to Invest in Energous guide.At this time, Energous' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.20 in 2024, despite the fact that Enterprise Value is likely to grow to (3.9 M).
 2021 2022 2023 2024 (projected)
Net Interest Income5.5K411.1K866.4K909.8K
Interest Income5.5K411.1K866.4K909.8K

Energous fundamental ratios Correlations

-0.040.380.97-0.98-0.610.51.01.00.58-0.040.280.680.411.00.510.370.66-0.690.66-0.1-0.020.850.30.460.59
-0.040.82-0.150.06-0.020.09-0.05-0.050.0-0.40.240.010.78-0.040.0-0.020.0-0.01-0.02-0.02-0.10.01-0.03-0.09-0.08
0.380.820.24-0.32-0.380.570.360.360.34-0.280.540.380.980.370.320.290.47-0.380.46-0.05-0.10.430.360.120.42
0.97-0.150.24-0.99-0.490.430.970.970.46-0.120.250.630.260.970.370.340.58-0.630.58-0.090.050.80.130.390.53
-0.980.06-0.32-0.990.49-0.46-0.98-0.98-0.460.15-0.28-0.62-0.34-0.98-0.38-0.33-0.570.62-0.580.07-0.05-0.82-0.13-0.39-0.53
-0.61-0.02-0.38-0.490.49-0.27-0.59-0.59-0.95-0.540.07-0.96-0.49-0.59-0.93-0.22-0.670.88-0.60.430.64-0.61-0.74-0.73-0.66
0.50.090.570.43-0.46-0.270.470.470.15-0.290.880.290.530.480.120.690.67-0.420.710.160.280.570.42-0.150.66
1.0-0.050.360.97-0.98-0.590.471.00.58-0.040.240.670.381.00.50.330.62-0.670.62-0.09-0.020.840.270.470.56
1.0-0.050.360.97-0.98-0.590.471.00.58-0.040.240.670.381.00.50.330.62-0.670.62-0.09-0.020.840.270.470.56
0.580.00.340.46-0.46-0.950.150.580.580.66-0.220.890.420.580.990.010.53-0.740.47-0.4-0.620.570.760.880.63
-0.04-0.4-0.28-0.120.15-0.54-0.29-0.04-0.040.66-0.60.41-0.2-0.040.72-0.420.01-0.17-0.05-0.37-0.590.070.540.680.2
0.280.240.540.25-0.280.070.880.240.24-0.22-0.6-0.010.50.25-0.250.740.52-0.150.570.060.460.330.06-0.420.45
0.680.010.380.63-0.62-0.960.290.670.670.890.41-0.010.480.670.850.260.69-0.910.62-0.44-0.580.660.590.690.69
0.410.780.980.26-0.34-0.490.530.380.380.42-0.20.50.480.390.40.330.57-0.460.55-0.18-0.20.420.430.20.46
1.0-0.040.370.97-0.98-0.590.481.01.00.58-0.040.250.670.390.50.340.63-0.680.63-0.09-0.020.850.280.470.57
0.510.00.320.37-0.38-0.930.120.50.50.990.72-0.250.850.40.5-0.030.49-0.680.43-0.42-0.590.520.780.860.62
0.37-0.020.290.34-0.33-0.220.690.330.330.01-0.420.740.260.330.34-0.030.76-0.510.8-0.150.290.220.28-0.270.54
0.660.00.470.58-0.57-0.670.670.620.620.530.010.520.690.570.630.490.76-0.750.99-0.35-0.080.520.610.240.73
-0.69-0.01-0.38-0.630.620.88-0.42-0.67-0.67-0.74-0.17-0.15-0.91-0.46-0.68-0.68-0.51-0.75-0.70.270.46-0.66-0.55-0.45-0.64
0.66-0.020.460.58-0.58-0.60.710.620.620.47-0.050.570.620.550.630.430.80.99-0.7-0.30.040.50.590.180.73
-0.1-0.02-0.05-0.090.070.430.16-0.09-0.09-0.4-0.370.06-0.44-0.18-0.09-0.42-0.15-0.350.27-0.30.35-0.1-0.12-0.44-0.35
-0.02-0.1-0.10.05-0.050.640.28-0.02-0.02-0.62-0.590.46-0.58-0.2-0.02-0.590.29-0.080.460.040.35-0.17-0.28-0.570.01
0.850.010.430.8-0.82-0.610.570.840.840.570.070.330.660.420.850.520.220.52-0.660.5-0.1-0.170.260.420.56
0.3-0.030.360.13-0.13-0.740.420.270.270.760.540.060.590.430.280.780.280.61-0.550.59-0.12-0.280.260.50.67
0.46-0.090.120.39-0.39-0.73-0.150.470.470.880.68-0.420.690.20.470.86-0.270.24-0.450.18-0.44-0.570.420.50.47
0.59-0.080.420.53-0.53-0.660.660.560.560.630.20.450.690.460.570.620.540.73-0.640.73-0.350.010.560.670.47
Click cells to compare fundamentals

Energous Account Relationship Matchups

Energous fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.9M53.1M51.4M29.8M16.7M29.1M
Other Current Liab2.1M750.9K1.9M1.5M1.3M1.4M
Total Current Liabilities4.5M3.5M4.3M3.8M4.6M4.4M
Total Stockholder Equity19.0M49.1M47.0M24.6M11.5M10.9M
Net Debt(19.6M)(49.3M)(48.4M)(24.3M)(12.7M)(13.3M)
Retained Earnings(263.1M)(295.0M)(336.4M)(362.7M)(382.0M)(362.9M)
Accounts Payable1.7M1.1M1.2M900.8K1.9M1.8M
Cash21.7M50.7M49.1M26.3M13.9M26.5M
Cash And Short Term Investments21.7M50.7M49.1M26.3M13.9M26.5M
Common Stock Total Equity225.0265.0333.0614.0706.1741.41
Common Stock Shares Outstanding1.5M2.1M3.2M3.9M4.7M4.9M
Liabilities And Stockholders Equity24.9M53.1M51.4M29.8M16.7M29.1M
Non Current Liabilities Total1.4M576.8K40.4K1.3M556.9K529.0K
Other Stockholder Equity282.2M344.0M383.4M387.3M393.5M234.9M
Total Liab5.9M4.1M4.4M5.1M5.2M4.8M
Total Current Assets22.2M51.4M50.2M27.4M15.0M27.4M
Common Stock333.0614.0767.0789.0930.0976.5
Property Plant And Equipment Net2.7M1.7M1.1M2.4M1.7M1.8M
Non Current Assets Total2.7M1.7M1.1M2.4M1.7M1.9M
Other Current Assets450.2K1.3M1.7M827.6K539.1K908.8K
Property Plant And Equipment Gross2.7M1.7M1.1M2.4M5.7M6.0M
Property Plant Equipment626.5K1.7M1.1M2.4M2.7M1.6M
Net Tangible Assets19.0M49.1M47.0M24.6M28.3M31.7M
Net Receivables63.1K75.9K283.6K143.4K101.6K114.3K
Retained Earnings Total Equity(173.9M)(224.7M)(263.1M)(295.0M)(265.5M)(278.7M)
Capital Surpluse185.7M243.1M282.2M344.0M395.6M219.8M
Net Invested Capital19.0M49.1M47.0M24.6M11.5M10.9M
Net Working Capital17.7M47.9M45.9M23.5M10.4M9.9M
Capital Stock333.0614.0767.0789.0930.0677.96

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Additional Tools for Energous Stock Analysis

When running Energous' price analysis, check to measure Energous' 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 Energous is operating at the current time. Most of Energous' value examination focuses on studying past and present price action to predict the probability of Energous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energous' price. Additionally, you may evaluate how the addition of Energous to your portfolios can decrease your overall portfolio volatility.