Ion Short Term Debt vs Property Plant Equipment 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 Short Term Debt and its Property Plant Equipment 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.

Short Term Debt vs Property Plant Equipment

Short Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ion Beam Applications Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ion Beam's Short Term Debt and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Ion Beam Applications are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Ion Beam's Short Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Debt

Property Plant Equipment

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 Income2.6M1.6M1.9M2.0M
Tax Provision18.2M3.5M4.0M3.8M

Ion Beam fundamental ratios Correlations

0.760.76-0.4-0.31-0.340.92-0.230.6-0.53-0.290.79-0.730.64-0.560.770.990.77-0.890.780.570.66
0.760.94-0.73-0.71-0.720.86-0.620.86-0.19-0.680.58-0.40.88-0.470.960.850.41-0.880.480.910.96
0.760.94-0.88-0.85-0.860.73-0.790.94-0.42-0.830.79-0.550.94-0.21.00.830.62-0.80.690.960.97
-0.4-0.73-0.880.990.99-0.340.98-0.950.440.99-0.680.45-0.92-0.15-0.85-0.5-0.460.53-0.57-0.93-0.88
-0.31-0.71-0.850.991.0-0.280.99-0.910.311.0-0.590.31-0.88-0.2-0.82-0.42-0.360.46-0.46-0.93-0.87
-0.34-0.72-0.860.991.0-0.30.99-0.920.341.0-0.610.35-0.89-0.18-0.83-0.44-0.380.48-0.49-0.94-0.88
0.920.860.73-0.34-0.28-0.3-0.170.58-0.23-0.250.53-0.50.63-0.760.770.940.48-0.930.490.590.71
-0.23-0.62-0.790.980.990.99-0.17-0.870.330.99-0.580.3-0.83-0.32-0.76-0.33-0.360.36-0.46-0.88-0.8
0.60.860.94-0.95-0.91-0.920.58-0.87-0.49-0.910.7-0.591.0-0.170.930.680.49-0.770.590.950.95
-0.53-0.19-0.420.440.310.34-0.230.33-0.490.35-0.790.95-0.510.0-0.37-0.49-0.80.46-0.83-0.25-0.27
-0.29-0.68-0.830.991.01.0-0.250.99-0.910.35-0.590.34-0.88-0.21-0.8-0.39-0.350.45-0.46-0.91-0.85
0.790.580.79-0.68-0.59-0.610.53-0.580.7-0.79-0.59-0.810.710.030.750.780.96-0.620.990.640.63
-0.73-0.4-0.550.450.310.35-0.50.3-0.590.950.34-0.81-0.620.28-0.52-0.69-0.80.69-0.84-0.36-0.43
0.640.880.94-0.92-0.88-0.890.63-0.831.0-0.51-0.880.71-0.62-0.240.940.720.5-0.810.60.930.95
-0.56-0.47-0.2-0.15-0.2-0.18-0.76-0.32-0.170.0-0.210.030.28-0.24-0.27-0.550.040.710.03-0.1-0.27
0.770.961.0-0.85-0.82-0.830.77-0.760.93-0.37-0.80.75-0.520.94-0.270.850.58-0.830.650.960.98
0.990.850.83-0.5-0.42-0.440.94-0.330.68-0.49-0.390.78-0.690.72-0.550.850.73-0.920.750.670.75
0.770.410.62-0.46-0.36-0.380.48-0.360.49-0.8-0.350.96-0.80.50.040.580.73-0.510.990.420.42
-0.89-0.88-0.80.530.460.48-0.930.36-0.770.460.45-0.620.69-0.810.71-0.83-0.92-0.51-0.56-0.69-0.8
0.780.480.69-0.57-0.46-0.490.49-0.460.59-0.83-0.460.99-0.840.60.030.650.750.99-0.560.510.51
0.570.910.96-0.93-0.93-0.940.59-0.880.95-0.25-0.910.64-0.360.93-0.10.960.670.42-0.690.510.98
0.660.960.97-0.88-0.87-0.880.71-0.80.95-0.27-0.850.63-0.430.95-0.270.980.750.42-0.80.510.98
Click cells to compare fundamentals

Ion Beam Account Relationship Matchups

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.