Immunoprecise Antibodies Financials

IPA Stock  USD 0.41  0.03  7.89%   
Based on the key indicators related to Immunoprecise Antibodies' liquidity, profitability, solvency, and operating efficiency, Immunoprecise Antibodies may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. At present, Immunoprecise Antibodies' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 2 M, whereas Retained Earnings are projected to grow to (95.3 M). Key indicators impacting Immunoprecise Antibodies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.171.414
Way Down
Pretty Stable
The financial analysis of Immunoprecise Antibodies is a critical element in measuring its lifeblood. Investors should not minimize Immunoprecise Antibodies' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(25.82 Million)

  
Understanding current and past Immunoprecise Antibodies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Immunoprecise Antibodies' financial statements are interrelated, with each one affecting the others. For example, an increase in Immunoprecise Antibodies' assets may result in an increase in income on the income statement.
Please note, the presentation of Immunoprecise Antibodies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Immunoprecise Antibodies' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Immunoprecise Antibodies' management manipulating its earnings.

Immunoprecise Antibodies Stock Summary

Immunoprecise Antibodies competes with Eliem Therapeutics, Scpharmaceuticals, Milestone Pharmaceuticals, Seres Therapeutics, and Lumos Pharma. ImmunoPrecise Antibodies Ltd., together with its subsidiaries, engages in antibody production and provision of related services in the United States, Canada, Europe, Australia, and internationally. ImmunoPrecise Antibodies Ltd. was incorporated in 1983 and is based in Victoria, Canada. Immunoprecise Antibodies is traded on NASDAQ Exchange in the United States.
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA45257F2008
CUSIP45257F200 45257F101
LocationBritish Columbia; Canada
Business Address32044464 Markham Street,
SectorBiotechnology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.ipatherapeutics.com
Phone250 483 0308
CurrencyUSD - US Dollar

Immunoprecise Antibodies Key Financial Ratios

Immunoprecise Antibodies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets27.3M67.0M93.5M77.8M60.0M63.0M
Other Current Liab1.8M3.3M2.6M2.3M1.9M2.0M
Net Debt1.9M(38.3M)(27.4M)(1.0M)10.2M10.7M
Retained Earnings(22.5M)(29.8M)(46.5M)(73.1M)(100.3M)(95.3M)
Accounts Payable1.8M1.3M3.9M2.5M4.1M4.3M
Cash2.6M41.8M30.0M8.3M3.5M4.0M
Net Receivables3.7M3.6M3.4M3.9M4.5M4.7M
Other Current Assets614.0K2.3M2.5M2.6M1.4M1.5M
Total Liab12.2M10.0M18.2M20.0M26.1M27.4M
Total Current Assets7.7M48.9M37.5M16.8M11.5M6.0M
Short Term Debt2.9M986K2.3M1.1M1.6M1.1M
Inventory818.6K1.2M1.6M2.1M2.1M2.2M
Intangible Assets8.3M6.1M32.4M30.9M23.6M15.6M
Common Stock34.1M80.1M114.6M117.5M119.8M125.8M
Net Tangible Assets(1.0M)43.1M23.2M7.7M8.9M12.5M
Net Invested Capital17.7M58.5M76.6M57.8M33.9M39.2M
Net Working Capital(230.3K)42.8M28.2M10.9M3.4M3.2M
Other Liab2.6M1.5M8.6M7.9M9.1M5.1M
Other Assets287.6K163K476K437K393.3K373.6K
Good Will7.9M7.8M19.7M19.2M7.7M11.8M

Immunoprecise Antibodies Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.4M863K419K30K19K18.1K
Total Revenue14.1M17.9M19.4M20.7M24.5M25.7M
Gross Profit8.0M11.5M11.0M11.6M12.1M12.7M
Operating Income(4.1M)(6.7M)(15.8M)(26.1M)(13.8M)(13.1M)
Ebit(3.8M)(5.1M)(15.8M)(27.7M)(28.7M)(27.2M)
Ebitda(366.3K)(1.4M)(12.0M)(21.0M)(22.9M)(21.8M)
Income Before Tax(5.3M)(6.0M)(15.8M)(27.8M)(28.7M)(27.3M)
Net Income(4.9M)(7.3M)(16.7M)(26.6M)(27.2M)(25.8M)
Income Tax Expense(345.7K)1.3M861K(1.2M)(1.5M)(1.4M)
Research Development446.3K2.0M6.7M12.3M4.0M3.1M
Cost Of Revenue6.0M6.4M8.4M9.1M12.5M13.1M
Tax Provision(345.7K)1.3M861K(1.2M)(1.5M)(1.4M)
Net Interest Income(264.5K)(581K)(140K)240K4K4.2K
Interest Income272.0K282K279K270K23K21.9K

Immunoprecise Antibodies Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(2.8M)39.1M(11.8M)(21.7M)(4.8M)(4.6M)
Free Cash Flow(2.0M)(2.0M)(11.2M)(21.3M)(5.6M)(5.4M)
Depreciation3.4M3.7M3.8M6.7M5.7M6.0M
Other Non Cash Items982.1K1.4M(310K)2.3M15.1M15.8M
Capital Expenditures575.6K1.4M1.3M1.5M1.4M1.5M
Net Income(4.9M)(7.3M)(16.7M)(26.6M)(27.2M)(25.8M)
End Period Cash Flow2.7M41.8M30.0M8.4M3.5M4.1M
Change To Inventory(23.4K)(316K)(501K)(185K)(102K)(107.1K)
Investments(1.6M)(2.5M)(5.2M)(2.0M)(1.6M)(1.6M)
Net Borrowings(318.5K)(772K)(962K)(1.3M)(1.2M)(1.1M)
Change To Netincome1.3M4.0M2.4M3.3M3.8M2.9M

Immunoprecise Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Immunoprecise Antibodies's current stock value. Our valuation model uses many indicators to compare Immunoprecise Antibodies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Immunoprecise Antibodies competition to find correlations between indicators driving Immunoprecise Antibodies's intrinsic value. More Info.
Immunoprecise Antibodies is rated second overall in return on equity category among its peers. It also is rated second overall in return on asset category among its peers . At present, Immunoprecise Antibodies' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Immunoprecise Antibodies' earnings, one of the primary drivers of an investment's value.

Immunoprecise Antibodies Systematic Risk

Immunoprecise Antibodies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Immunoprecise Antibodies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Immunoprecise Antibodies correlated with the market. If Beta is less than 0 Immunoprecise Antibodies generally moves in the opposite direction as compared to the market. If Immunoprecise Antibodies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Immunoprecise Antibodies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Immunoprecise Antibodies is generally in the same direction as the market. If Beta > 1 Immunoprecise Antibodies moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Immunoprecise Antibodies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Immunoprecise Antibodies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Immunoprecise Antibodies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.78

At present, Immunoprecise Antibodies' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Immunoprecise Antibodies November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Immunoprecise Antibodies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Immunoprecise Antibodies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Immunoprecise Antibodies based on widely used predictive technical indicators. In general, we focus on analyzing Immunoprecise Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Immunoprecise Antibodies's daily price indicators and compare them against related drivers.

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