Intchains Property Plant Equipment vs Cash And Short Term Investments Analysis
| ICG Stock | 4.24 0.07 1.62% |
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 Property Plant Equipment and its Cash And Short Term Investments 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.
Property Plant Equipment vs Cash And Short Term Investments
Property Plant Equipment vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intchains Group Property Plant Equipment account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Intchains Group's Property Plant Equipment and Cash And Short Term Investments is 0.92. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash And Short Term Investments 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 Property Plant Equipment and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Intchains Group Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Intchains Group's Property Plant Equipment and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Property Plant Equipment
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Intchains Group balance sheet. This account contains Intchains Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Intchains Group Limited 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.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
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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.