Identillect Investments vs Change To Account Receivables Analysis

ID Stock  CAD 0.01  0.00  0.00%   
Identillect Technologies financial indicator trend analysis is infinitely more than just investigating Identillect Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Identillect Technologies is a good investment. Please check the relationship between Identillect Technologies Investments and its Change To Account Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identillect Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Investments vs Change To Account Receivables

Investments vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Identillect Technologies Investments account and Change To Account Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Identillect Technologies' Investments and Change To Account Receivables is 0.07. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Identillect Technologies Corp, assuming nothing else is changed. The correlation between historical values of Identillect Technologies' Investments and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Identillect Technologies Corp are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Investments i.e., Identillect Technologies' Investments and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Account Receivables

Most indicators from Identillect Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Identillect Technologies 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 Identillect Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 949.7 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2010 2023 2024 (projected)
Non Recurring151.7K136.5K121.4K
Other Operating Expenses23.7K4.5K4.2K

Identillect Technologies fundamental ratios Correlations

-0.820.930.950.72-0.770.940.11-0.64-0.830.80.73-0.59-0.72-0.73-0.82-0.010.35-0.07-0.690.350.48-0.480.750.74-0.4
-0.82-0.96-0.89-0.880.89-0.630.210.850.99-0.42-0.880.850.90.950.90.07-0.220.180.76-0.22-0.770.41-0.84-0.860.69
0.93-0.960.960.85-0.90.79-0.12-0.79-0.970.590.86-0.76-0.85-0.88-0.89-0.050.29-0.14-0.740.290.65-0.430.810.82-0.58
0.95-0.890.960.84-0.890.830.02-0.79-0.890.680.78-0.72-0.85-0.79-0.860.00.36-0.08-0.830.360.63-0.620.840.83-0.47
0.72-0.880.850.84-0.830.47-0.4-0.94-0.870.240.89-0.95-0.95-0.78-0.890.020.45-0.07-0.820.450.92-0.610.880.86-0.42
-0.770.89-0.9-0.89-0.83-0.610.140.870.91-0.43-0.740.780.870.780.79-0.01-0.290.060.81-0.29-0.660.6-0.8-0.80.58
0.94-0.630.790.830.47-0.610.34-0.4-0.640.940.48-0.32-0.47-0.55-0.59-0.080.28-0.11-0.530.280.21-0.350.590.58-0.33
0.110.21-0.120.02-0.40.140.340.430.250.64-0.530.470.260.110.27-0.15-0.08-0.07-0.1-0.08-0.4-0.020.040.04-0.12
-0.640.85-0.79-0.79-0.940.87-0.40.430.84-0.16-0.830.970.960.720.86-0.03-0.250.060.73-0.25-0.90.65-0.81-0.790.43
-0.830.99-0.97-0.89-0.870.91-0.640.250.84-0.42-0.890.820.870.920.880.08-0.210.180.72-0.21-0.710.37-0.79-0.810.66
0.8-0.420.590.680.24-0.430.940.64-0.16-0.420.19-0.08-0.28-0.4-0.38-0.120.23-0.12-0.470.230.02-0.30.490.49-0.3
0.73-0.880.860.780.89-0.740.48-0.53-0.83-0.890.19-0.86-0.84-0.75-0.930.030.28-0.09-0.570.280.75-0.40.650.64-0.32
-0.590.85-0.76-0.72-0.950.78-0.320.470.970.82-0.08-0.860.960.740.880.01-0.240.110.71-0.24-0.970.57-0.82-0.810.43
-0.720.9-0.85-0.85-0.950.87-0.470.260.960.87-0.28-0.840.960.80.92-0.01-0.280.080.83-0.28-0.920.68-0.9-0.880.49
-0.730.95-0.88-0.79-0.780.78-0.550.110.720.92-0.4-0.750.740.80.80.11-0.20.20.71-0.2-0.710.25-0.82-0.860.84
-0.820.9-0.89-0.86-0.890.79-0.590.270.860.88-0.38-0.930.880.920.80.01-0.260.110.68-0.26-0.790.56-0.79-0.770.4
-0.010.07-0.050.00.02-0.01-0.08-0.15-0.030.08-0.120.030.01-0.010.110.010.170.990.110.17-0.05-0.27-0.1-0.130.23
0.35-0.220.290.360.45-0.290.28-0.08-0.25-0.210.230.28-0.24-0.28-0.2-0.260.170.21-0.551.00.27-0.480.420.380.02
-0.070.18-0.14-0.08-0.070.06-0.11-0.070.060.18-0.12-0.090.110.080.20.110.990.210.140.21-0.14-0.27-0.15-0.180.28
-0.690.76-0.74-0.83-0.820.81-0.53-0.10.730.72-0.47-0.570.710.830.710.680.11-0.550.14-0.55-0.730.71-0.92-0.910.52
0.35-0.220.290.360.45-0.290.28-0.08-0.25-0.210.230.28-0.24-0.28-0.2-0.260.171.00.21-0.550.27-0.480.420.380.02
0.48-0.770.650.630.92-0.660.21-0.4-0.9-0.710.020.75-0.97-0.92-0.71-0.79-0.050.27-0.14-0.730.27-0.540.850.83-0.44
-0.480.41-0.43-0.62-0.610.6-0.35-0.020.650.37-0.3-0.40.570.680.250.56-0.27-0.48-0.270.71-0.48-0.54-0.6-0.53-0.01
0.75-0.840.810.840.88-0.80.590.04-0.81-0.790.490.65-0.82-0.9-0.82-0.79-0.10.42-0.15-0.920.420.85-0.60.99-0.6
0.74-0.860.820.830.86-0.80.580.04-0.79-0.810.490.64-0.81-0.88-0.86-0.77-0.130.38-0.18-0.910.380.83-0.530.99-0.68
-0.40.69-0.58-0.47-0.420.58-0.33-0.120.430.66-0.3-0.320.430.490.840.40.230.020.280.520.02-0.44-0.01-0.6-0.68
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Identillect Technologies Account Relationship Matchups

Identillect Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets194.7K110.7K130.3K195.7K107.7K102.3K
Total Current Liabilities1.6M1.7M2.1M1.1M1.4M1.2M
Total Stockholder Equity(1.5M)(1.6M)(1.9M)(921.6K)(1.3M)(1.3M)
Net Tangible Assets(725.0K)(1.5M)(1.6M)(1.9M)(1.7M)(1.7M)
Retained Earnings(11.0M)(11.5M)(12.2M)(12.6M)(13.0M)(13.6M)
Accounts Payable315.3K415.9K435.4K309.1K451.1K268.3K
Cash6.1K24.9K41.6K101.0K9.9K9.4K
Net Receivables197.7K58.1K9.1K81.1K93.3K123.9K
Other Stockholder Equity1.3M1.3M1.3M1.7M2.0M1.0M
Total Liab1.7M1.7M2.1M1.1M1.4M1.3M
Total Current Assets70.9K109.0K122.8K188.2K107.2K101.8K
Other Current Liab194.8K237.7K281.2K282.6K325.0K190.5K
Short Long Term Debt761.1K745.9K1.1M450.8K584.7K640.1K
Property Plant Equipment8.5K123.8K1.7K7.4K8.5K8.1K
Non Current Assets Total123.8K1.7K7.4K7.5K518.0492.1
Net Invested Capital(719.1K)(878.3K)(856.7K)(470.8K)(736.3K)(699.5K)
Net Working Capital(1.5M)(1.6M)(1.9M)(929.1K)(1.3M)(1.4M)
Net Debt754.9K721.0K1.0M349.9K574.7K521.0K

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Additional Tools for Identillect Stock Analysis

When running Identillect Technologies' price analysis, check to measure Identillect Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Identillect Technologies is operating at the current time. Most of Identillect Technologies' value examination focuses on studying past and present price action to predict the probability of Identillect Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Identillect Technologies' price. Additionally, you may evaluate how the addition of Identillect Technologies to your portfolios can decrease your overall portfolio volatility.