International Total Assets vs Accounts Payable Analysis

IBT Stock

704.00 4.00 0.57%

International Biotechnology financial indicator trend analysis is infinitely more than just investigating International Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Biotechnology is a good investment. Please check the relationship between International Biotechnology Total Assets and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Biotechnology Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Biotechnology Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.

The correlation between International Biotechnology's Total Assets and Accounts Payable is 0.03. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of International Biotechnology Trust, assuming nothing else is changed. The correlation between historical values of International Biotechnology's Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of International Biotechnology Trust are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., International Biotechnology's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

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Total Assets

Total assets refers to the total amount of International Biotechnology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in International Biotechnology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents International Biotechnology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of International Biotechnology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from International Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Biotechnology 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Biotechnology Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

As of November 29, 2024, Selling General Administrative is expected to decline to about 1.1 M. In addition to that, Tax Provision is expected to decline to about 129.3 K

International Biotechnology fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Cash	Other Assets	Short Term Investments	Total Liab	Common Stock	Accounts Payable	Other Current Liab	Total Current Liabilities	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Short Long Term Debt Total	Other Current Assets	Inventory	Net Tangible Assets
Total Assets		0.99	0.44	-0.16	-0.04	0.43	0.6	0.06	0.03	-0.48	0.01	0.43	0.37	0.28	-0.2	0.22	0.13	-0.6	-0.49	0.19	-0.45	0.1	0.52	-0.18	-0.03	0.54
Total Stockholder Equity	0.99		0.5	-0.17	-0.01	0.49	0.48	0.12	0.01	-0.38	-0.01	0.32	0.32	0.21	-0.13	0.13	0.03	-0.57	-0.48	0.13	-0.46	0.01	0.41	-0.16	-0.06	0.5
Other Liab	0.44	0.5		-0.17	-0.13	0.99	0.01	0.86	-0.01	0.21	-0.06	-0.21	-0.22	-0.73	0.74	-0.01	-0.03	0.11	0.16	-0.25	0.05	0.07	-0.18	0.07	-0.44	-0.31
Cash	-0.16	-0.17	-0.17		0.8	-0.15	0.18	-0.22	-0.1	0.33	-0.26	-0.55	-0.45	0.04	-0.24	0.66	-0.34	-0.24	-0.19	0.67	0.03	0.38	0.13	-0.86	-0.09	0.46
Other Assets	-0.04	-0.01	-0.13	0.8		-0.11	0.06	-0.27	-0.12	0.36	-0.26	-0.53	-0.56	0.1	-0.28	0.52	-0.36	-0.39	-0.38	0.5	0.0	0.22	-0.03	-0.8	-0.01	0.45
Short Term Investments	0.43	0.49	0.99	-0.15	-0.11		-0.02	0.88	-0.07	0.21	-0.12	-0.22	-0.2	-0.74	0.75	0.02	-0.08	0.15	0.19	-0.26	0.05	0.03	-0.18	0.07	-0.48	-0.3
Total Liab	0.6	0.48	0.01	0.18	0.06	-0.02		-0.27	0.09	-0.68	0.05	0.62	0.33	0.45	-0.5	0.65	0.43	-0.54	-0.42	0.58	-0.26	0.56	0.84	-0.38	0.13	0.61
Common Stock	0.06	0.12	0.86	-0.22	-0.27	0.88	-0.27		-0.04	0.33	-0.06	-0.31	-0.21	-0.89	0.91	-0.14	-0.14	0.6	0.62	-0.45	0.2	-0.11	-0.42	0.29	-0.59	-0.58
Accounts Payable	0.03	0.01	-0.01	-0.1	-0.12	-0.07	0.09	-0.04		-0.12	0.98	-0.07	-0.22	0.11	-0.09	-0.24	-0.02	0.04	-0.01	-0.1	-0.4	-0.11	-0.27	-0.04	0.27	-0.11
Other Current Liab	-0.48	-0.38	0.21	0.33	0.36	0.21	-0.68	0.33	-0.12		-0.18	-0.84	-0.55	-0.58	0.52	-0.27	-0.29	0.33	0.28	-0.09	0.45	0.01	-0.66	-0.17	-0.26	-0.44
Total Current Liabilities	0.01	-0.01	-0.06	-0.26	-0.26	-0.12	0.05	-0.06	0.98	-0.18		0.04	-0.11	0.15	-0.1	-0.35	0.04	0.09	0.03	-0.2	-0.4	-0.18	-0.28	0.12	0.3	-0.17
Net Debt	0.43	0.32	-0.21	-0.55	-0.53	-0.22	0.62	-0.31	-0.07	-0.84	0.04		0.75	0.54	-0.43	0.05	0.62	-0.25	-0.2	0.03	-0.17	0.15	0.68	0.38	0.22	0.25
Retained Earnings	0.37	0.32	-0.22	-0.45	-0.56	-0.2	0.33	-0.21	-0.22	-0.55	-0.11	0.75		0.49	-0.39	-0.1	0.3	-0.09	-0.04	0.03	-0.13	-0.09	0.58	0.32	-0.04	0.27
Non Current Assets Total	0.28	0.21	-0.73	0.04	0.1	-0.74	0.45	-0.89	0.11	-0.58	0.15	0.54	0.49		-0.95	0.13	0.14	-0.6	-0.58	0.42	-0.42	0.0	0.55	-0.2	0.48	0.73
Non Currrent Assets Other	-0.2	-0.13	0.74	-0.24	-0.28	0.75	-0.5	0.91	-0.09	0.52	-0.1	-0.43	-0.39	-0.95		-0.28	-0.08	0.63	0.63	-0.56	0.41	-0.09	-0.57	0.38	-0.47	-0.77
Cash And Short Term Investments	0.22	0.13	-0.01	0.66	0.52	0.02	0.65	-0.14	-0.24	-0.27	-0.35	0.05	-0.1	0.13	-0.28		-0.02	-0.35	-0.23	0.61	0.11	0.49	0.63	-0.65	-0.18	0.55
Net Receivables	0.13	0.03	-0.03	-0.34	-0.36	-0.08	0.43	-0.14	-0.02	-0.29	0.04	0.62	0.3	0.14	-0.08	-0.02		-0.14	-0.08	-0.1	0.37	0.71	0.47	0.18	0.35	-0.17
Common Stock Total Equity	-0.6	-0.57	0.11	-0.24	-0.39	0.15	-0.54	0.6	0.04	0.33	0.09	-0.25	-0.09	-0.6	0.63	-0.35	-0.14		0.98	-0.52	0.33	-0.28	-0.59	0.5	-0.41	-0.72
Common Stock Shares Outstanding	-0.49	-0.48	0.16	-0.19	-0.38	0.19	-0.42	0.62	-0.01	0.28	0.03	-0.2	-0.04	-0.58	0.63	-0.23	-0.08	0.98		-0.44	0.35	-0.18	-0.47	0.44	-0.47	-0.63
Non Current Liabilities Total	0.19	0.13	-0.25	0.67	0.5	-0.26	0.58	-0.45	-0.1	-0.09	-0.2	0.03	0.03	0.42	-0.56	0.61	-0.1	-0.52	-0.44		-0.19	0.35	0.5	-0.72	0.17	0.67
Other Stockholder Equity	-0.45	-0.46	0.05	0.03	0.0	0.05	-0.26	0.2	-0.4	0.45	-0.4	-0.17	-0.13	-0.42	0.41	0.11	0.37	0.33	0.35	-0.19		0.41	-0.01	0.07	-0.17	-0.51
Total Current Assets	0.1	0.01	0.07	0.38	0.22	0.03	0.56	-0.11	-0.11	0.01	-0.18	0.15	-0.09	0.0	-0.09	0.49	0.71	-0.28	-0.18	0.35	0.41		0.52	-0.45	0.16	0.11
Short Long Term Debt Total	0.52	0.41	-0.18	0.13	-0.03	-0.18	0.84	-0.42	-0.27	-0.66	-0.28	0.68	0.58	0.55	-0.57	0.63	0.47	-0.59	-0.47	0.5	-0.01	0.52		-0.27	0.09	0.63
Other Current Assets	-0.18	-0.16	0.07	-0.86	-0.8	0.07	-0.38	0.29	-0.04	-0.17	0.12	0.38	0.32	-0.2	0.38	-0.65	0.18	0.5	0.44	-0.72	0.07	-0.45	-0.27		-0.17	-0.55
Inventory	-0.03	-0.06	-0.44	-0.09	-0.01	-0.48	0.13	-0.59	0.27	-0.26	0.3	0.22	-0.04	0.48	-0.47	-0.18	0.35	-0.41	-0.47	0.17	-0.17	0.16	0.09	-0.17		0.06
Net Tangible Assets	0.54	0.5	-0.31	0.46	0.45	-0.3	0.61	-0.58	-0.11	-0.44	-0.17	0.25	0.27	0.73	-0.77	0.55	-0.17	-0.72	-0.63	0.67	-0.51	0.11	0.63	-0.55	0.06

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International Biotechnology Account Relationship Matchups

International Biotechnology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	302.7M	347.8M	326.9M	304.9M	308.2M	204.7M
Total Stockholder Equity	283.9M	323.8M	284.9M	270.3M	282.3M	193.5M
Cash	886K	324K	1.6M	0.0	10.4M	11.0M
Other Assets	116K	97K	146K	248K	308.2M	323.6M
Total Liab	18.8M	24.1M	42.0M	34.6M	25.9M	27.2M
Accounts Payable	715K	1.6M	1.2M	143K	1.9M	1.8M
Other Current Liab	(18.8M)	(23.5M)	(41.2M)	(32.6M)	(1.9M)	(2.0M)
Total Current Liabilities	124K	2.2M	1.2M	143K	164.5K	156.2K
Net Debt	17.8M	20.3M	40.0M	32.5M	(10.4M)	(9.9M)
Retained Earnings	221.6M	252.1M	213.2M	198.6M	(54.0M)	(51.3M)
Non Current Assets Total	302.2M	345.3M	313.4M	301.9M	297.5M	210.9M
Non Currrent Assets Other	(302.2M)	(345.3M)	(313.4M)	(301.9M)	(297.5M)	(312.4M)
Cash And Short Term Investments	886K	324K	1.6M	10.4M	12.0M	12.6M
Net Receivables	45K	845K	13.3M	2.7M	99K	94.1K
Common Stock Shares Outstanding	38.5M	40.5M	41.1M	40.6M	38.2M	38.0M
Liabilities And Stockholders Equity	302.7M	347.8M	326.9M	304.9M	308.2M	218.2M
Non Current Liabilities Total	18.1M	21.9M	1.2M	32.5M	37.3M	39.2M
Other Stockholder Equity	229.2M	(242.2M)	(265.9M)	61.4M	29.9M	23.3M
Total Current Assets	369K	2.4M	13.3M	2.7M	10.6M	11.2M
Other Current Assets	163.0K	141K	214K	283K	(10.5M)	(10.0M)
Net Tangible Assets	239.6M	283.9M	323.8M	284.9M	327.6M	282.9M
Long Term Investments	302.2M	345.3M	313.4M	301.9M	297.5M	302.4M

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

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International Total Assets vs Accounts Payable Analysis

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Assets

Accounts Payable

International Biotechnology fundamental ratios Correlations

International Biotechnology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

International Biotechnology fundamental ratios Accounts

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COMMON DESTINATIONS

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Total Stockholder Equity	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Other Liab
Total Current Liabilities	+ 0.98	Accounts Payable
Common Stock Shares Outstanding	+ 0.98	Common Stock Total Equity
Non Currrent Assets Other	+ 0.91	Common Stock
Common Stock	+ 0.88	Short Term Investments

Non Currrent Assets Other	- 0.95	Non Current Assets Total
Non Current Assets Total	- 0.89	Common Stock
Other Current Assets	- 0.86	Cash
Net Debt	- 0.84	Other Current Liab
Other Current Assets	- 0.8	Other Assets
Net Tangible Assets	- 0.77	Non Currrent Assets Other