Innovative Research Development vs Ebitda Analysis

002173 Stock   8.28  0.04  0.48%   
Innovative Medical financial indicator trend analysis is infinitely more than just investigating Innovative Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovative Medical is a good investment. Please check the relationship between Innovative Medical Research Development and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovative Medical Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Research Development vs Ebitda

Research Development vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovative Medical Research Development account and Ebitda. At this time, the significance of the direction appears to have no relationship.
The correlation between Innovative Medical's Research Development and Ebitda is 0.08. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Ebitda in the same time period over historical financial statements of Innovative Medical Management, assuming nothing else is changed. The correlation between historical values of Innovative Medical's Research Development and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Innovative Medical Management are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Research Development i.e., Innovative Medical's Research Development and Ebitda go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Research Development

Ebitda

Most indicators from Innovative Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovative Medical current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovative Medical Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of February 3, 2025, Selling General Administrative is expected to decline to about 40.6 M. In addition to that, Discontinued Operations is expected to decline to about (9.9 M)
 2022 2024 2025 (projected)
Other Operating Expenses3.7M3.3M4.8M
Gross Profit30.6M83.0M120.8M

Innovative Medical fundamental ratios Correlations

0.010.540.99-0.020.410.780.71-0.080.380.740.770.760.660.860.070.520.030.890.840.370.840.830.780.75-0.05
0.010.45-0.060.41-0.46-0.360.00.520.00.42-0.28-0.26-0.36-0.330.120.0-0.45-0.25-0.27-0.56-0.28-0.010.22-0.290.37
0.540.450.440.51-0.210.310.470.720.070.940.160.2-0.050.270.26-0.16-0.10.220.14-0.250.140.60.73-0.010.41
0.99-0.060.44-0.090.470.790.7-0.20.40.650.80.790.710.880.020.570.060.920.880.430.880.810.740.8-0.11
-0.020.410.51-0.09-0.89-0.260.430.780.330.36-0.6-0.59-0.73-0.30.62-0.73-0.42-0.42-0.54-0.83-0.550.40.5-0.650.98
0.41-0.46-0.210.47-0.890.57-0.03-0.74-0.09-0.030.870.880.950.66-0.520.770.540.750.810.950.810.01-0.140.86-0.9
0.78-0.360.310.79-0.260.570.42-0.210.080.510.790.770.70.85-0.020.460.230.830.830.50.830.520.550.69-0.3
0.710.00.470.70.43-0.030.420.090.750.560.310.370.250.630.45-0.01-0.060.510.360.040.360.840.710.310.43
-0.080.520.72-0.20.78-0.74-0.210.09-0.170.55-0.53-0.48-0.69-0.390.51-0.63-0.33-0.47-0.51-0.76-0.520.140.36-0.650.69
0.380.00.070.40.33-0.090.080.75-0.170.140.110.130.120.420.23-0.07-0.130.260.150.070.140.630.310.180.43
0.740.420.940.650.36-0.030.510.560.550.140.360.410.180.480.280.11-0.110.450.39-0.080.380.670.810.220.27
0.77-0.280.160.8-0.60.870.790.31-0.530.110.360.960.960.87-0.440.770.380.960.960.810.960.420.330.94-0.62
0.76-0.260.20.79-0.590.880.770.37-0.480.130.410.960.960.88-0.260.750.410.940.930.830.940.40.290.92-0.63
0.66-0.36-0.050.71-0.730.950.70.25-0.690.120.180.960.960.83-0.390.820.420.920.930.90.930.280.140.96-0.73
0.86-0.330.270.88-0.30.660.850.63-0.390.420.480.870.880.83-0.10.540.280.920.880.70.880.660.490.83-0.29
0.070.120.260.020.62-0.52-0.020.450.510.230.28-0.44-0.26-0.39-0.1-0.41-0.29-0.22-0.27-0.49-0.270.260.33-0.370.6
0.520.0-0.160.57-0.730.770.46-0.01-0.63-0.070.110.770.750.820.54-0.410.150.720.810.670.810.030.050.85-0.72
0.03-0.45-0.10.06-0.420.540.23-0.06-0.33-0.13-0.110.380.410.420.28-0.290.150.280.280.560.3-0.08-0.250.31-0.52
0.89-0.250.220.92-0.420.750.830.51-0.470.260.450.960.940.920.92-0.220.720.280.970.710.970.610.520.93-0.44
0.84-0.270.140.88-0.540.810.830.36-0.510.150.390.960.930.930.88-0.270.810.280.970.751.00.490.40.96-0.55
0.37-0.56-0.250.43-0.830.950.50.04-0.760.07-0.080.810.830.90.7-0.490.670.560.710.750.760.08-0.180.82-0.8
0.84-0.280.140.88-0.550.810.830.36-0.520.140.380.960.940.930.88-0.270.810.30.971.00.760.480.390.96-0.56
0.83-0.010.60.810.40.010.520.840.140.630.670.420.40.280.660.260.03-0.080.610.490.080.480.860.380.4
0.780.220.730.740.5-0.140.550.710.360.310.810.330.290.140.490.330.05-0.250.520.4-0.180.390.860.220.45
0.75-0.29-0.010.8-0.650.860.690.31-0.650.180.220.940.920.960.83-0.370.850.310.930.960.820.960.380.22-0.64
-0.050.370.41-0.110.98-0.9-0.30.430.690.430.27-0.62-0.63-0.73-0.290.6-0.72-0.52-0.44-0.55-0.8-0.560.40.45-0.64
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Innovative Medical Account Relationship Matchups

Innovative Medical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.7B2.6B2.3B2.3B2.6B1.9B
Other Current Liab113.8M77.2M6K47.7K54.9K52.1K
Total Current Liabilities358.4M346.0M322.4M325.4M374.2M442.5M
Total Stockholder Equity2.1B2.0B1.9B1.9B2.2B1.4B
Retained Earnings(1.1B)(1.2B)(1.3B)(1.3B)(1.2B)(1.1B)
Accounts Payable180.5M183.4M210.1M208.1M239.3M251.3M
Cash346.3M225.7M658.5M563.1M647.5M679.9M
Net Receivables72.9M83.4M51.6M102.8M118.3M136.4M
Inventory34.5M43.0M49.3M41.8M37.6M35.7M
Other Current Assets20.2M7.8M3.0M1.1M1.3M1.2M
Total Liab533.1M565.3M434.4M410.4M471.9M525.7M
Intangible Assets128.7M125.2M121.8M129.6M149.0M156.4M
Property Plant Equipment1.4B1.4B1.4B1.4B1.6B1.7B
Other Assets121.5M89.0M38.5M73.5M84.5M88.8M
Other Liab120.9M165.7M185.4M90.5M104.1M54.8M
Net Tangible Assets2.5B2.2B2.0B1.9B2.1B2.2B
Deferred Long Term Liab36.2M28.9M22.6M52.6M60.4M63.5M
Total Current Assets1.1B940.0M771.6M733.1M659.8M1.1B
Non Current Assets Total1.6B1.6B1.6B1.5B1.4B1.5B
Non Currrent Assets Other7.5M6.7M1.6M1.8M1.6M1.5M
Good Will1.0B127.0M0.0986.7K888.1K843.7K
Non Current Liabilities Total174.7M219.3M112.0M85.0M76.5M129.2M
Non Current Liabilities Other113.4M130.4M39.2M16.0M18.4M17.5M
Short Term Investments61.4M593.5M574.0M20.1M18.1M17.2M
Net Invested Capital2.2B2.0B1.9B1.9B1.7B2.1B
Net Working Capital761.6M594.1M449.3M407.6M366.9M669.6M
Property Plant And Equipment Net1.4B1.4B1.4B1.3B1.2B1.1B
Property Plant And Equipment Gross2.0B2.1B1.4B2.1B1.9B1.5B

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Other Information on Investing in Innovative Stock

Balance Sheet is a snapshot of the financial position of Innovative Medical at a specified time, usually calculated after every quarter, six months, or one year. Innovative Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Innovative Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Innovative currently owns. An asset can also be divided into two categories, current and non-current.