Insteel Cash from 2010 to 2026
| IIIN Stock | USD 37.34 0.03 0.08% |
Cash | First Reported 1986-09-30 | Previous Quarter 38.6 M | Current Value 15.6 M | Quarterly Volatility 28.2 M |
Check Insteel Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Insteel Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.2 M, Interest Expense of 44.5 K or Total Revenue of 782.1 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0882 or PTB Ratio of 0.99. Insteel financial statements analysis is a perfect complement when working with Insteel Industries Valuation or Volatility modules.
Insteel | Cash | Build AI portfolio with Insteel Stock |
Evaluating Insteel Industries's Cash across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Insteel Industries's fundamental strength.
Latest Insteel Industries' Cash Growth Pattern
Below is the plot of the Cash of Insteel Industries over the last few years. Cash refers to the most liquid asset of Insteel Industries, which is listed under current asset account on Insteel Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Insteel Industries customers. The amounts must be unrestricted with restricted cash listed in a different Insteel Industries account. It is 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. Insteel Industries' Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Insteel Industries' overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
| Timeline |
Insteel Cash Regression Statistics
| Arithmetic Mean | 45,792,411 | |
| Geometric Mean | 20,159,480 | |
| Coefficient Of Variation | 79.19 | |
| Mean Deviation | 26,848,768 | |
| Median | 38,630,000 | |
| Standard Deviation | 36,261,427 | |
| Sample Variance | 1314.9T | |
| Range | 125.7M | |
| R-Value | 0.56 | |
| Mean Square Error | 954.9T | |
| R-Squared | 0.32 | |
| Significance | 0.02 | |
| Slope | 4,057,018 | |
| Total Sum of Squares | 21038.3T |
Insteel Cash History
Other Fundumenentals of Insteel Industries
Insteel Industries Cash component correlations
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About Insteel Industries Financial Statements
Insteel Industries investors utilize fundamental indicators, such as Cash, to predict how Insteel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with Insteel Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Insteel Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Insteel Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Insteel Stock
| 0.91 | NX | Quanex Building Products | PairCorr |
| 0.89 | OC | Owens Corning Earnings Call Today | PairCorr |
| 0.65 | TT | Trane Technologies plc | PairCorr |
| 0.79 | LXI | Lennox International | PairCorr |
Moving against Insteel Stock
The ability to find closely correlated positions to Insteel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Insteel Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Insteel Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Insteel Industries to buy it.
The correlation of Insteel Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Insteel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Insteel Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Insteel Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Insteel Industries Correlation against competitors. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Will Building Products sector continue expanding? Could Insteel diversify its offerings? Factors like these will boost the valuation of Insteel Industries. Market participants price Insteel higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Insteel Industries data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 6.033 | Dividend Share 0.12 | Earnings Share 2.43 | Revenue Per Share | Quarterly Revenue Growth 0.233 |
Insteel Industries's market price often diverges from its book value, the accounting figure shown on Insteel's balance sheet. Smart investors calculate Insteel Industries' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Insteel Industries' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Insteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insteel Industries' 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.