Ion Cash And Short Term Investments vs Total Liab Analysis
| 0GZK Stock | 13.43 0.45 3.24% |
Ion Beam financial indicator trend analysis is infinitely more than just investigating Ion Beam Applications recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ion Beam Applications is a good investment. Please check the relationship between Ion Beam Cash And Short Term Investments and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ion Beam Applications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash And Short Term Investments vs Total Liab
Cash And Short Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ion Beam Applications Cash And Short Term Investments account and Total Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Ion Beam's Cash And Short Term Investments and Total Liab is -0.76. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Ion Beam Applications, assuming nothing else is changed. The correlation between historical values of Ion Beam's Cash And Short Term Investments and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Ion Beam Applications are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash And Short Term Investments i.e., Ion Beam's Cash And Short Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.76 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Ion Beam Applications balance sheet. This account contains Ion Beam investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ion Beam Applications fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Ion Beam's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ion Beam Applications 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 Ion Beam Applications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Tax Provision is likely to drop to about 3.8 M in 2024. Selling General Administrative is likely to drop to about 51.2 M in 2024
| 2017 | 2018 | 2023 | 2024 (projected) | Interest Income | 2.6M | 1.6M | 1.9M | 2.0M | Tax Provision | 18.2M | 3.5M | 4.0M | 3.8M |
Ion Beam fundamental ratios Correlations
Click cells to compare fundamentals
Ion Beam Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Ion Stock Analysis
When running Ion Beam's price analysis, check to measure Ion Beam's 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 Ion Beam is operating at the current time. Most of Ion Beam's value examination focuses on studying past and present price action to predict the probability of Ion Beam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ion Beam's price. Additionally, you may evaluate how the addition of Ion Beam to your portfolios can decrease your overall portfolio volatility.