Inventronics Financials

IVX Stock  CAD 0.74  0.05  7.25%   
We strongly advise to harness Inventronics analysis to find out if markets are presently mispricing the company. We were able to interpolate thirty-one available reported financial drivers for Inventronics, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Inventronics to be traded at C$0.925 in 90 days. Key indicators impacting Inventronics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.60.9279
Way Up
Very volatile
Current Ratio4.954.7133
Sufficiently Up
Slightly volatile
  
Understanding current and past Inventronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Inventronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Inventronics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Inventronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Inventronics. Check Inventronics' Beneish M Score to see the likelihood of Inventronics' management manipulating its earnings.

Inventronics Stock Summary

Inventronics competes with Atlas Engineered, Fab Form, Imaflex, and Bri Chem. Inventronics Limited designs, manufactures, and sells metal enclosures and related products for telecommunication networks, electric power distribution networks, cable television networks, traffic control systems, and oil and gas installations in North America. The company was founded in 1970 and is based in Brandon, Canada. INVENTRONICS operates under Metal Fabrication classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
  USA
Specialization
Industrials, Metal Fabrication
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA4612082095
Business Address1420 Van Horne
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.inventronics.com
Phone888 235 7862
CurrencyCAD - Canadian Dollar
You should never invest in Inventronics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Inventronics Stock, because this is throwing your money away. Analyzing the key information contained in Inventronics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Inventronics Key Financial Ratios

There are many critical financial ratios that Inventronics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Inventronics reports annually and quarterly.

Inventronics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.3M3.7M5.2M6.0M6.1M4.7M
Other Current Liab95K82K62K42K37.8K61.6K
Net Tangible Assets426K621K1.3M2.3M2.6M2.8M
Retained Earnings(1.8M)(1.2M)929K1.3M1.1M1.2M
Accounts Payable302K148K685K619K227K442.6K
Long Term Debt2.1M2.1M2.0M2.0M2.4M2.4M
Net Receivables307K623K846K1.3M574K747.0K
Inventory772K652K1.3M1.9M1.0M995.9K
Other Current Assets16K26K27K37K33K27.2K
Total Liab2.7M2.4M2.9M3.1M3.3M3.2M
Total Current Assets1.1M1.4M2.4M3.5M2.9M2.0M
Net Debt2.1M1.9M1.8M1.6M1.5M1.5M
Net Invested Capital2.7M3.4M4.3M4.9M5.3M4.1M
Net Working Capital620K1.1M1.5M2.4M2.3M1.4M

Inventronics Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(226K)120K(672K)(532K)836K877.8K
Investments(58K)(267K)(126K)(327K)(931K)(884.5K)
Net Borrowings(61K)(223K)(83K)(85K)(97.8K)(102.6K)
Depreciation90K102K138K134K188K114K
Capital Expenditures58K267K126K327K931K977.6K
Net Income195K684K1.9M2.1M369K693.7K
Change To Netincome321K146K139K(358K)(322.2K)(306.1K)
Free Cash Flow421K296K1.2M2.0M636K785.1K
Other Non Cash Items147K139K153K263K199K214.3K
End Period Cash Flow52K131K216K379K933K979.7K

Inventronics Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Inventronics's current stock value. Our valuation model uses many indicators to compare Inventronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Inventronics competition to find correlations between indicators driving Inventronics's intrinsic value. More Info.
Inventronics is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . At this time, Inventronics' Return On Equity is fairly stable compared to the past year. 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 Inventronics' earnings, one of the primary drivers of an investment's value.

Inventronics Systematic Risk

Inventronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Inventronics 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.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Inventronics correlated with the market. If Beta is less than 0 Inventronics generally moves in the opposite direction as compared to the market. If Inventronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Inventronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Inventronics is generally in the same direction as the market. If Beta > 1 Inventronics moves generally in the same direction as, but more than the movement of the benchmark.

Inventronics Total Assets Over Time

Today, most investors in Inventronics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Inventronics' 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 Inventronics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.15)

At this time, Inventronics' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Inventronics November 24, 2024 Opportunity Range

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

Additional Tools for Inventronics Stock Analysis

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