Immuron Ltd Adr Stock Total Debt
| IMRN Stock | USD 1.91 0.02 1.06% |
Immuron Ltd ADR fundamentals help investors to digest information that contributes to Immuron's financial success or failures. It also enables traders to predict the movement of Immuron Stock. The fundamental analysis module provides a way to measure Immuron's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Immuron stock.
As of the 29th of November 2024, Total Debt To Capitalization is likely to drop to 0.05. Immuron | Total Debt |
Immuron Ltd ADR Company Total Debt Analysis
Immuron's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Immuron Total Debt | 173.5 K |
Most of Immuron's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Immuron Ltd ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Immuron Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Immuron is extremely important. It helps to project a fair market value of Immuron Stock properly, considering its historical fundamentals such as Total Debt. Since Immuron's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Immuron's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Immuron's interrelated accounts and indicators.
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Immuron Net Debt
Based on the latest financial disclosure, Immuron Ltd ADR has a Total Debt of 173.5 K. This is 99.99% lower than that of the Biotechnology sector and 99.95% lower than that of the Health Care industry. The total debt for all United States stocks is 100.0% higher than that of the company.
Immuron Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Immuron's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Immuron could also be used in its relative valuation, which is a method of valuing Immuron by comparing valuation metrics of similar companies.Immuron is currently under evaluation in total debt category among its peers.
Immuron Current Valuation Drivers
We derive many important indicators used in calculating different scores of Immuron from analyzing Immuron's financial statements. These drivers represent accounts that assess Immuron's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Immuron's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 45.9M | 35.4M | 18.0M | 17.1M | 18.9M | 16.5M | |
| Enterprise Value | 42.7M | 10.3M | (3.9M) | 114.2K | 7.4M | 7.1M |
Immuron Institutional Holders
Institutional Holdings refers to the ownership stake in Immuron that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Immuron's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Immuron's value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 10 K | Rhumbline Advisers | 2024-06-30 | 4.8 K | Stephens Consulting Llc | 2024-09-30 | 1.5 K | Ubs Group Ag | 2024-06-30 | 163 | Bnp Paribas Arbitrage, Sa | 2024-06-30 | 0.0 | Two Sigma Securities, Llc | 2024-06-30 | 0.0 | Hrt Financial Llc | 2024-06-30 | 0.0 |
Immuron Fundamentals
| Return On Equity | -0.43 | ||||
| Return On Asset | -0.17 | ||||
| Profit Margin | (1.41) % | ||||
| Operating Margin | (1.32) % | ||||
| Current Valuation | 3.93 M | ||||
| Shares Outstanding | 5.7 M | ||||
| Shares Owned By Institutions | 0.18 % | ||||
| Number Of Shares Shorted | 10.44 K | ||||
| Price To Earning | (2.38) X | ||||
| Price To Book | 1.31 X | ||||
| Price To Sales | 2.33 X | ||||
| Revenue | 4.9 M | ||||
| Gross Profit | 1.74 M | ||||
| EBITDA | (6.88 M) | ||||
| Net Income | (6.94 M) | ||||
| Cash And Equivalents | 22.11 M | ||||
| Cash Per Share | 3.88 X | ||||
| Total Debt | 173.5 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 15.75 X | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (5.56 M) | ||||
| Short Ratio | 1.06 X | ||||
| Earnings Per Share | (0.79) X | ||||
| Target Price | 7.5 | ||||
| Beta | 1.17 | ||||
| Market Capitalization | 11.41 M | ||||
| Total Asset | 15.55 M | ||||
| Retained Earnings | (78.97 M) | ||||
| Working Capital | 18.19 M | ||||
| Current Asset | 7.79 M | ||||
| Current Liabilities | 2.68 M | ||||
| Net Asset | 15.55 M |
About Immuron Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Immuron Ltd ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Immuron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Immuron Ltd ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Immuron
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 Immuron 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 Immuron will appreciate offsetting losses from the drop in the long position's value.Moving together with Immuron Stock
Moving against Immuron Stock
| 0.84 | EWTX | Edgewise Therapeutics | PairCorr |
| 0.83 | ESPR | Esperion Therapeutics Buyout Trend | PairCorr |
| 0.82 | GILD | Gilead Sciences | PairCorr |
| 0.79 | BMY | Bristol Myers Squibb Sell-off Trend | PairCorr |
| 0.67 | GANX | Gain Therapeutics | PairCorr |
The ability to find closely correlated positions to Immuron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immuron 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 Immuron - 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 Immuron Ltd ADR to buy it.
The correlation of Immuron 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 Immuron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immuron Ltd ADR 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 Immuron 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 Immuron Piotroski F Score and Immuron Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Immuron. If investors know Immuron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Immuron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.79) | Revenue Per Share 0.88 | Quarterly Revenue Growth 1.086 | Return On Assets (0.17) | Return On Equity (0.43) |
The market value of Immuron Ltd ADR is measured differently than its book value, which is the value of Immuron that is recorded on the company's balance sheet. Investors also form their own opinion of Immuron's value that differs from its market value or its book value, called intrinsic value, which is Immuron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Immuron's market value can be influenced by many factors that don't directly affect Immuron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Immuron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Immuron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immuron's 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.