Neonode Inc. Stock
-
Your prediction
Neonode Inc. Stock
Pros and Cons of Neonode Inc. in the next few years
Pros
Cons
Performance of Neonode Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Neonode Inc. | - | - | - | - | - | - | - |
| Valuetronics Holdings | - | 1.036% | 1.563% | 21.875% | -1.515% | 1.563% | -10.755% |
| Japan Display Inc | 9.520% | -3.077% | -51.538% | -75.000% | -46.610% | -82.500% | -89.888% |
| AwoX S.A. | 0.950% | -2.765% | 7.379% | -90.705% | -28.716% | -95.776% | -96.619% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Based on the available financial data, it is evident that Neonode, an Electronic Equipment & Parts industry player, has experienced some fluctuations in their financial performance over the past few years. The company has had its ups and downs in terms of profitability, cash flow, and overall financial health. Let's take a closer look at the specifics to better understand the financial position and performance of Neonode.
Growth in Total Assets: Neonode has experienced an increase in total assets over the years, from $16.57 million in 2020 to $21.2 million in 2022 and reaching $27.8 million in the first quarter of 2023. This growth suggests that the company has been expanding its capacity, making investments, and improving its financial health.
Decreasing Debt: The company has managed to reduce its short-term debt from $1.27 million in 2020 to $178,000 in 2022. The long-term debt has also decreased in the same period. This reduction in debt signifies better financial management and less risk associated with potential default.