IMAC Other Liab vs Cash Analysis
BACK Stock | USD 1.04 0.03 2.80% |
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 Other Liab and its Cash 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.
Other Liab vs Cash
Other Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMAC Holdings Other Liab account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IMAC Holdings' Other Liab and Cash is -0.36. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash 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' Other Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of IMAC Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Liab i.e., IMAC Holdings' Other Liab and Cash go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Liab
Cash
Cash refers to the most liquid asset of IMAC Holdings, which is listed under current asset account on IMAC Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from IMAC Holdings customers. The amounts must be unrestricted with restricted cash listed in a different IMAC Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
Click cells to compare fundamentals
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.