INKON Change To Netincome vs Investments Analysis

300143 Stock   10.05  0.01  0.1%   
INKON Life financial indicator trend analysis is infinitely more than just investigating INKON Life Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether INKON Life Technology is a good investment. Please check the relationship between INKON Life Change To Netincome and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in INKON Life Technology. 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.

Change To Netincome vs Investments

Change To Netincome vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of INKON Life Technology Change To Netincome account and Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between INKON Life's Change To Netincome and Investments is 0.41. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Investments in the same time period over historical financial statements of INKON Life Technology, assuming nothing else is changed. The correlation between historical values of INKON Life's Change To Netincome and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of INKON Life Technology are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Netincome i.e., INKON Life's Change To Netincome and Investments go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Netincome

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from INKON Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into INKON Life Technology 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 INKON Life Technology. 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 December 11, 2024, Selling General Administrative is expected to decline to about 52.6 M. In addition to that, Tax Provision is expected to decline to about 31.8 M
 2021 2022 2023 2024 (projected)
Operating Income76.5M119.4M166.4M174.7M
Total Revenue1.1B1.2B1.5B1.5B

INKON Life fundamental ratios Correlations

0.510.410.950.14-0.410.330.560.690.530.70.380.290.450.620.69-0.490.410.380.840.87-0.410.58-0.850.66-0.71
0.510.070.54-0.07-0.02-0.040.540.30.210.13-0.210.20.01-0.030.21-0.250.360.240.320.36-0.160.42-0.370.29-0.25
0.410.070.20.2-0.940.90.550.38-0.30.830.870.060.950.840.81-0.170.4-0.430.620.560.050.55-0.55-0.02-0.57
0.950.540.20.1-0.180.110.470.580.620.560.210.360.210.470.53-0.530.40.510.730.78-0.490.53-0.790.68-0.6
0.14-0.070.20.1-0.110.19-0.01-0.04-0.260.120.22-0.230.180.240.050.5-0.08-0.12-0.17-0.210.3-0.180.25-0.110.08
-0.41-0.02-0.94-0.18-0.11-0.9-0.6-0.520.32-0.85-0.890.08-0.9-0.82-0.840.22-0.360.45-0.69-0.610.03-0.510.55-0.010.67
0.33-0.040.90.110.19-0.90.510.5-0.30.710.82-0.180.890.70.790.080.34-0.390.60.480.130.43-0.420.01-0.6
0.560.540.550.47-0.01-0.60.510.62-0.230.580.48-0.010.420.440.67-0.30.6-0.210.660.60.010.65-0.530.17-0.58
0.690.30.380.58-0.04-0.520.50.620.180.540.38-0.340.470.470.76-0.310.110.320.820.78-0.090.24-0.620.72-0.93
0.530.21-0.30.62-0.260.32-0.3-0.230.180.01-0.270.44-0.170.0-0.02-0.37-0.030.750.290.42-0.580.09-0.480.63-0.18
0.70.130.830.560.12-0.850.710.580.540.010.780.230.80.880.9-0.490.5-0.210.850.8-0.210.7-0.80.19-0.71
0.38-0.210.870.210.22-0.890.820.480.38-0.270.780.020.810.850.73-0.150.38-0.410.590.53-0.180.48-0.51-0.01-0.55
0.290.20.060.36-0.230.08-0.18-0.01-0.340.440.230.02-0.050.07-0.06-0.390.58-0.090.160.26-0.430.65-0.46-0.180.24
0.450.010.950.210.18-0.90.890.420.47-0.170.80.81-0.050.840.86-0.140.19-0.250.660.60.040.4-0.550.15-0.66
0.62-0.030.840.470.24-0.820.70.440.470.00.880.850.070.840.82-0.450.29-0.090.720.7-0.170.45-0.670.3-0.69
0.690.210.810.530.05-0.840.790.670.76-0.020.90.73-0.060.860.82-0.390.31-0.030.90.83-0.120.54-0.760.42-0.89
-0.49-0.25-0.17-0.530.50.220.08-0.3-0.31-0.37-0.49-0.15-0.39-0.14-0.45-0.39-0.29-0.26-0.6-0.660.44-0.460.7-0.420.47
0.410.360.40.4-0.08-0.360.340.60.11-0.030.50.380.580.190.290.31-0.29-0.390.450.4-0.130.93-0.49-0.22-0.11
0.380.24-0.430.51-0.120.45-0.39-0.210.320.75-0.21-0.41-0.09-0.25-0.09-0.03-0.26-0.390.150.25-0.32-0.31-0.210.86-0.29
0.840.320.620.73-0.17-0.690.60.660.820.290.850.590.160.660.720.9-0.60.450.150.97-0.320.67-0.930.57-0.9
0.870.360.560.78-0.21-0.610.480.60.780.420.80.530.260.60.70.83-0.660.40.250.97-0.430.64-0.970.63-0.87
-0.41-0.160.05-0.490.30.030.130.01-0.09-0.58-0.21-0.18-0.430.04-0.17-0.120.44-0.13-0.32-0.32-0.43-0.270.52-0.290.23
0.580.420.550.53-0.18-0.510.430.650.240.090.70.480.650.40.450.54-0.460.93-0.310.670.64-0.27-0.73-0.06-0.32
-0.85-0.37-0.55-0.790.250.55-0.42-0.53-0.62-0.48-0.8-0.51-0.46-0.55-0.67-0.760.7-0.49-0.21-0.93-0.970.52-0.73-0.530.75
0.660.29-0.020.68-0.11-0.010.010.170.720.630.19-0.01-0.180.150.30.42-0.42-0.220.860.570.63-0.29-0.06-0.53-0.71
-0.71-0.25-0.57-0.60.080.67-0.6-0.58-0.93-0.18-0.71-0.550.24-0.66-0.69-0.890.47-0.11-0.29-0.9-0.870.23-0.320.75-0.71
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INKON Life Account Relationship Matchups

INKON Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.7B2.5B2.0B2.4B1.7B
Other Current Liab39.1M128.2M288.3M3.9M1.7M1.6M
Total Current Liabilities322.8M284.8M555.9M589.2M759.4M797.4M
Total Stockholder Equity1.3B2.2B1.8B1.3B1.4B1.3B
Other Liab18.4M16.8M19.0M19.3M22.2M21.4M
Retained Earnings(814.3M)(644.0M)(1.0B)(1.6B)(1.5B)(1.4B)
Accounts Payable80.8M120.9M107.2M147.8M169.4M177.9M
Cash96.6M483.6M661.6M433.2M480.5M252.3M
Other Assets98.1M124.1M101.5M93.1M107.0M54.4M
Net Receivables191.9M204.4M155.0M228.4M254.4M267.2M
Inventory30.5M37.7M38.7M106.5M87.8M92.2M
Other Current Assets26.5M22.2M25.9M6.2M58.1M51.2M
Total Liab589.7M410.1M667.6M710.5M971.4M1.0B
Intangible Assets106.4M98.0M100.5M198.8M240.1M252.1M
Common Stock288.4M546.8M545.9M642.2M738.5M775.4M
Property Plant Equipment197.0M182.4M268.4M288.4M259.6M258.8M
Net Tangible Assets18.1M70.4M1.0B651.9M749.6M578.1M
Good Will1.2B1.1B1.0B583.2M693.3M907.1M
Deferred Long Term Liab74.9M97.9M76.5M81.4M93.6M75.3M
Total Current Assets345.5M1.1B897.9M805.1M912.0M784.7M
Non Current Assets Total1.6B1.6B1.6B1.2B1.5B1.3B
Non Currrent Assets Other14.5M5.7M15.4M3.0M14.6M13.9M
Non Current Liabilities Total266.8M209.5M111.6M121.3M212.0M182.2M
Other Stockholder Equity1.1M1.7M460.8K(6.4K)(7.4K)(7.0K)
Net Invested Capital1.7B2.4B1.9B1.3B1.6B1.6B
Net Working Capital22.6M820.4M342.0M215.9M152.6M291.1M
Non Current Liabilities Other250M700K780K5.9M43.9M86.8M

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Other Information on Investing in INKON Stock

Balance Sheet is a snapshot of the financial position of INKON Life Technology at a specified time, usually calculated after every quarter, six months, or one year. INKON Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of INKON Life 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 INKON currently owns. An asset can also be divided into two categories, current and non-current.