IMAC Cash And Short Term Investments vs Current Deferred Revenue Analysis
BACK Stock | USD 1.08 0.04 3.57% |
IMAC Holdings financial indicator trend analysis is infinitely more than just investigating IMAC Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IMAC Holdings is a good investment. Please check the relationship between IMAC Holdings Cash And Short Term Investments and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IMAC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.
Cash And Short Term Investments vs Current Deferred Revenue
Cash And Short Term Investments vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMAC Holdings Cash And Short Term Investments account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between IMAC Holdings' Cash And Short Term Investments and Current Deferred Revenue is 0.26. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of IMAC Holdings, assuming nothing else is changed. The correlation between historical values of IMAC Holdings' Cash And Short Term Investments and Current Deferred Revenue 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 IMAC Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash And Short Term Investments i.e., IMAC Holdings' Cash And Short Term Investments and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of IMAC Holdings balance sheet. This account contains IMAC Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by IMAC Holdings 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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from IMAC Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IMAC Holdings 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 IMAC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.Issuance Of Capital Stock is expected to rise to about 6.1 M this year, although the value of Selling General Administrative will most likely fall to 5,952.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.8M | 14.7M | 3.8M | 3.7M | Total Revenue | 14.4M | 16.2M | 5.2M | 9.8M |
IMAC Holdings fundamental ratios Correlations
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IMAC Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IMAC Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.4M | 19.7M | 27.2M | 11.1M | 1.1M | 1.1M | |
Short Long Term Debt Total | 8.4M | 9.1M | 5.9M | 4.2M | 4.8M | 5.4M | |
Other Current Liab | 421.0K | 339.4K | 337.9K | 5.6M | 1.3M | 2.1M | |
Total Current Liabilities | 6.1M | 6.0M | 4.9M | 3.7M | 1.9M | 1.8M | |
Total Stockholder Equity | 10.0M | 10.4M | 18.0M | 4.7M | (752.6K) | (715.0K) | |
Net Debt | 8.0M | 6.5M | (1.2M) | 3.4M | (221.5K) | (210.4K) | |
Retained Earnings | (10.0M) | (15.0M) | (28.2M) | (46.5M) | (55.9M) | (53.1M) | |
Accounts Payable | 2.9M | 1.7M | 2.5M | 568.6K | 584.1K | 554.9K | |
Cash | 373.7K | 2.6M | 7.1M | 763.2K | 221.5K | 210.4K | |
Cash And Short Term Investments | 373.7K | 2.6M | 7.1M | 763.2K | 221.5K | 210.4K | |
Net Receivables | 1.3M | 1.5M | 1.2M | 2.9M | 731.1K | 1.3M | |
Common Stock Shares Outstanding | 258.5K | 368.3K | 751.7K | 942.5K | 1.1M | 1.2M | |
Liabilities And Stockholders Equity | 20.4M | 19.7M | 27.2M | 11.1M | 1.1M | 1.1M | |
Non Current Liabilities Total | 1.2M | 6.4M | 6.0M | 4.3M | 2.7M | 0.0 | |
Other Current Assets | 633.3K | 619.7K | 739.2K | 10.1M | 191.5K | 182.0K | |
Other Stockholder Equity | 20.1M | 25.5M | 46.1M | 51.2M | 55.2M | 27.7M | |
Total Liab | 12.5M | 11.9M | 9.3M | 6.4M | 1.9M | 1.8M | |
Total Current Assets | 2.6M | 4.8M | 9.1M | 4.2M | 1.1M | 1.1M | |
Common Stock | 8.9K | 12.8K | 26.2K | 32.9K | 1.1K | 1.1K | |
Property Plant And Equipment Net | 7.4M | 5.6M | 7.3M | 5.2M | 762K | 723.9K | |
Current Deferred Revenue | 189.7K | 295.1K | 320.9K | 241.7K | 277.9K | 299.3K | |
Non Current Assets Total | 17.8M | 15.0M | 18.2M | 6.9M | 762K | 723.9K | |
Non Currrent Assets Other | 1.2M | 743.3K | 430.9K | 300.4K | (762K) | (723.9K) | |
Other Assets | 1.2M | 987.1K | 674.6K | (762K) | (685.8K) | (651.5K) | |
Short Term Debt | 2.5M | 3.6M | 1.8M | 1.4M | 1.3M | 1.9M | |
Long Term Debt | 2.1M | 2.0M | 104.7K | 53.0K | 47.7K | 45.3K | |
Capital Lease Obligations | 4.8M | 4.7M | 5.5M | 4.1M | 4.7M | 4.3M | |
Net Invested Capital | 13.6M | 14.9M | 18.3M | 4.8M | (752.7K) | (715.0K) | |
Short Long Term Debt | 1.5M | 2.5M | 254.5K | 51.7K | 46.5K | 44.2K | |
Capital Stock | 8.9K | 12.8K | 26.2K | 32.9K | 1.2K | 1.1K | |
Net Working Capital | (3.5M) | (1.2M) | 4.1M | 494.1K | (752.6K) | (790.3K) | |
Intangible Assets | 7.2M | 6.6M | 5.8M | 1.4M | 1.2M | 1.2M |
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Is Health Care Equipment & Supplies 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 IMAC Holdings. If investors know IMAC 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 IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.03) | Revenue Per Share 7.719 | Quarterly Revenue Growth (0.59) | Return On Assets (0.38) | Return On Equity (3.32) |
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' 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 IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' 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 IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' 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.