Intchains Accounts Payable vs Cash Analysis
| ICG Stock | 4.28 0.15 3.63% |
Intchains Group financial indicator trend analysis is infinitely more than just investigating Intchains Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intchains Group is a good investment. Please check the relationship between Intchains Group Accounts Payable and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intchains Group Limited. 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.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intchains Group Accounts Payable account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Intchains Group's Accounts Payable and Cash is 0.55. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Intchains Group Limited, assuming nothing else is changed. The correlation between historical values of Intchains Group's Accounts Payable 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 Accounts Payable of Intchains Group Limited 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 Accounts Payable i.e., Intchains Group's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.55 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Intchains Group 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 Intchains Group 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.Cash
Cash refers to the most liquid asset of Intchains Group, which is listed under current asset account on Intchains Group Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Intchains Group customers. The amounts must be unrestricted with restricted cash listed in a different Intchains Group 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 Intchains Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intchains Group 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 Intchains Group Limited. 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. The Intchains Group's current Sales General And Administrative To Revenue is estimated to increase to 0.32, while Tax Provision is forecasted to increase to (8.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 553K | 1.8M | 3.8M | 4.0M | Interest Income | 2.5M | 11.1M | 16.8M | 17.6M |
Intchains Group fundamental ratios Correlations
Click cells to compare fundamentals
Intchains Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Intchains Group is a strong investment it is important to analyze Intchains Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intchains Group's future performance. For an informed investment choice regarding Intchains Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intchains Group Limited. 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. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Semiconductors & Semiconductor Equipment 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 Intchains Group. If investors know Intchains 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 Intchains Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Earnings Share (0.11) | Revenue Per Share 3.163 | Quarterly Revenue Growth 7.851 | Return On Assets (0) |
The market value of Intchains Group is measured differently than its book value, which is the value of Intchains that is recorded on the company's balance sheet. Investors also form their own opinion of Intchains Group's value that differs from its market value or its book value, called intrinsic value, which is Intchains Group's 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 Intchains Group's market value can be influenced by many factors that don't directly affect Intchains Group's 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 Intchains Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intchains Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intchains Group's 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.