IMAC Short Long Term Debt Total vs Total Current Liabilities 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 Short Long Term Debt Total and its Total Current Liabilities 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.

Short Long Term Debt Total vs Total Current Liabilities

Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMAC Holdings Short Long Term Debt Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between IMAC Holdings' Short Long Term Debt Total and Total Current Liabilities is 0.73. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities 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' Short Long Term Debt Total and Total Current Liabilities 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 Long Term Debt Total of IMAC Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt Total i.e., IMAC Holdings' Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt Total

Total Current Liabilities

Total Current Liabilities is an item on IMAC Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IMAC Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Profit12.8M14.7M3.8M3.7M
Total Revenue14.4M16.2M5.2M9.8M

IMAC Holdings fundamental ratios Correlations

0.780.170.640.910.58-0.170.930.70.70.430.180.910.220.480.840.820.640.970.540.990.730.690.64-0.420.44
0.780.360.730.580.75-0.50.870.280.280.420.490.780.170.610.850.460.280.810.750.830.470.430.86-0.610.66
0.170.360.73-0.190.43-0.360.16-0.2-0.20.330.360.010.550.280.54-0.050.320.270.720.220.19-0.370.65-0.280.26
0.640.730.730.260.74-0.130.670.140.140.10.140.50.130.220.930.220.240.640.870.720.620.310.95-0.190.22
0.910.58-0.190.260.29-0.150.80.830.830.440.160.850.170.480.540.930.660.850.220.840.550.690.28-0.420.44
0.580.750.430.740.29-0.010.65-0.15-0.150.32-0.040.740.250.140.840.080.190.670.450.690.780.510.78-0.070.13
-0.17-0.5-0.36-0.13-0.15-0.01-0.25-0.1-0.1-0.57-0.99-0.08-0.46-0.9-0.13-0.26-0.27-0.26-0.51-0.140.40.45-0.270.96-0.95
0.930.870.160.670.80.65-0.250.520.520.30.250.880.070.480.850.630.390.920.570.960.670.680.69-0.450.51
0.70.28-0.20.140.83-0.15-0.10.521.00.190.160.470.00.370.30.930.580.560.260.580.250.440.12-0.360.32
0.70.28-0.20.140.83-0.15-0.10.521.00.190.160.470.00.370.30.930.580.560.260.580.250.440.12-0.360.32
0.430.420.330.10.440.32-0.570.30.190.190.530.490.890.660.280.510.780.570.170.370.18-0.090.18-0.640.64
0.180.490.360.140.16-0.04-0.990.250.160.160.530.050.420.890.130.290.270.250.540.14-0.42-0.460.27-0.960.95
0.910.780.010.50.850.74-0.080.880.470.470.490.050.230.380.780.670.520.930.310.930.790.790.56-0.30.35
0.220.170.550.130.170.25-0.460.070.00.00.890.420.230.530.190.310.790.390.140.170.14-0.330.1-0.460.44
0.480.610.280.220.480.14-0.90.480.370.370.660.890.380.530.320.570.530.540.50.42-0.12-0.170.31-0.960.95
0.840.850.540.930.540.84-0.130.850.30.30.280.130.780.190.320.440.390.850.760.90.780.550.92-0.270.3
0.820.46-0.050.220.930.08-0.260.630.930.930.510.290.670.310.570.440.790.760.30.720.370.430.22-0.520.5
0.640.280.320.240.660.19-0.270.390.580.580.780.270.520.790.530.390.790.690.220.540.410.110.16-0.440.41
0.970.810.270.640.850.67-0.260.920.560.560.570.250.930.390.540.850.760.690.510.970.750.610.64-0.470.51
0.540.750.720.870.220.45-0.510.570.260.260.170.540.310.140.50.760.30.220.510.570.210.010.89-0.540.53
0.990.830.220.720.840.69-0.140.960.580.580.370.140.930.170.420.90.720.540.970.570.790.720.72-0.360.4
0.730.470.190.620.550.780.40.670.250.250.18-0.420.790.14-0.120.780.370.410.750.210.790.790.530.23-0.17
0.690.43-0.370.310.690.510.450.680.440.44-0.09-0.460.79-0.33-0.170.550.430.110.610.010.720.790.320.23-0.17
0.640.860.650.950.280.78-0.270.690.120.120.180.270.560.10.310.920.220.160.640.890.720.530.32-0.330.34
-0.42-0.61-0.28-0.19-0.42-0.070.96-0.45-0.36-0.36-0.64-0.96-0.3-0.46-0.96-0.27-0.52-0.44-0.47-0.54-0.360.230.23-0.33-0.99
0.440.660.260.220.440.13-0.950.510.320.320.640.950.350.440.950.30.50.410.510.530.4-0.17-0.170.34-0.99
Click cells to compare fundamentals

IMAC Holdings Account Relationship Matchups

IMAC Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.4M19.7M27.2M11.1M1.1M1.1M
Short Long Term Debt Total8.4M9.1M5.9M4.2M4.8M5.4M
Other Current Liab421.0K339.4K337.9K5.6M1.3M2.1M
Total Current Liabilities6.1M6.0M4.9M3.7M1.9M1.8M
Total Stockholder Equity10.0M10.4M18.0M4.7M(752.6K)(715.0K)
Net Debt8.0M6.5M(1.2M)3.4M(221.5K)(210.4K)
Retained Earnings(10.0M)(15.0M)(28.2M)(46.5M)(55.9M)(53.1M)
Accounts Payable2.9M1.7M2.5M568.6K584.1K554.9K
Cash373.7K2.6M7.1M763.2K221.5K210.4K
Cash And Short Term Investments373.7K2.6M7.1M763.2K221.5K210.4K
Net Receivables1.3M1.5M1.2M2.9M731.1K1.3M
Common Stock Shares Outstanding258.5K368.3K751.7K942.5K1.1M1.2M
Liabilities And Stockholders Equity20.4M19.7M27.2M11.1M1.1M1.1M
Non Current Liabilities Total1.2M6.4M6.0M4.3M2.7M0.0
Other Current Assets633.3K619.7K739.2K10.1M191.5K182.0K
Other Stockholder Equity20.1M25.5M46.1M51.2M55.2M27.7M
Total Liab12.5M11.9M9.3M6.4M1.9M1.8M
Total Current Assets2.6M4.8M9.1M4.2M1.1M1.1M
Common Stock8.9K12.8K26.2K32.9K1.1K1.1K
Property Plant And Equipment Net7.4M5.6M7.3M5.2M762K723.9K
Current Deferred Revenue189.7K295.1K320.9K241.7K277.9K299.3K
Non Current Assets Total17.8M15.0M18.2M6.9M762K723.9K
Non Currrent Assets Other1.2M743.3K430.9K300.4K(762K)(723.9K)
Other Assets1.2M987.1K674.6K(762K)(685.8K)(651.5K)
Short Term Debt2.5M3.6M1.8M1.4M1.3M1.9M
Long Term Debt2.1M2.0M104.7K53.0K47.7K45.3K
Capital Lease Obligations4.8M4.7M5.5M4.1M4.7M4.3M
Net Invested Capital13.6M14.9M18.3M4.8M(752.7K)(715.0K)
Short Long Term Debt1.5M2.5M254.5K51.7K46.5K44.2K
Capital Stock8.9K12.8K26.2K32.9K1.2K1.1K
Net Working Capital(3.5M)(1.2M)4.1M494.1K(752.6K)(790.3K)
Intangible Assets7.2M6.6M5.8M1.4M1.2M1.2M

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When determining whether IMAC Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IMAC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Imac Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Imac Holdings Stock:
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.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.