Identitii Total Current Assets vs Selling General Administrative Analysis

ID8 Stock

0.02 0 14.29%

Identitii financial indicator trend analysis is infinitely more than just investigating Identitii recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Identitii is a good investment. Please check the relationship between Identitii Total Current Assets and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identitii. 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.

Total Current Assets vs Selling General Administrative

Total Current Assets vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Identitii Total Current Assets account and Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.

The correlation between Identitii's Total Current Assets and Selling General Administrative is 0.75. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Identitii, assuming nothing else is changed. The correlation between historical values of Identitii's Total Current Assets and Selling General Administrative 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 Current Assets of Identitii are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Assets i.e., Identitii's Total Current Assets and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Selling General Administrative

Most indicators from Identitii's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Identitii 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 Identitii. 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 drop to about 1.9 M in 2024. Issuance Of Capital Stock is likely to drop to about 356.4 K in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	116.2K	37.1K	12.9K	12.3K
Interest Income	498.0	483.6K	556.1K	583.9K

Depreciation And Amortization Interest Income

Identitii fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Cash And Equivalents	Property Plant And Equipment Net
Total Assets		0.13	0.82	0.63	0.95	0.98	-0.83	-0.75	0.7	0.92	0.72	0.16	0.34	0.92	0.47	0.36	0.86	0.35	0.59	0.61	0.99	0.13	-0.48	0.83	0.73	0.28
Short Long Term Debt Total	0.13		0.49	0.82	-0.13	-0.04	0.34	-0.56	0.52	-0.13	0.53	0.04	0.29	-0.13	-0.08	0.38	0.45	0.11	0.87	0.61	0.02	0.88	-0.33	0.5	0.01	0.52
Other Current Liab	0.82	0.49		0.8	0.68	0.77	-0.53	-0.84	0.57	0.69	0.76	0.22	0.11	0.69	0.31	0.5	0.76	0.35	0.8	0.69	0.77	0.48	-0.37	0.88	0.62	0.49
Total Current Liabilities	0.63	0.82	0.8		0.4	0.5	-0.15	-0.9	0.84	0.36	0.85	0.26	0.44	0.36	0.06	0.66	0.83	0.15	0.99	0.83	0.52	0.77	-0.5	0.9	0.36	0.37
Total Stockholder Equity	0.95	-0.13	0.68	0.4		0.97	-0.95	-0.53	0.55	0.98	0.57	0.02	0.31	0.98	0.55	0.22	0.73	0.35	0.35	0.4	0.96	-0.18	-0.37	0.68	0.69	0.21
Net Tangible Assets	0.98	-0.04	0.77	0.5	0.97		-0.88	-0.69	0.62	0.93	0.65	0.25	0.27	0.93	0.46	0.37	0.81	0.28	0.45	0.56	0.98	0.01	-0.45	0.78	0.73	0.16
Net Debt	-0.83	0.34	-0.53	-0.15	-0.95	-0.88		0.32	-0.3	-0.97	-0.32	0.12	-0.17	-0.97	-0.64	-0.03	-0.52	-0.48	-0.12	-0.12	-0.89	0.41	0.24	-0.48	-0.72	-0.18
Retained Earnings	-0.75	-0.56	-0.84	-0.9	-0.53	-0.69	0.32		-0.79	-0.49	-0.81	-0.54	-0.33	-0.49	-0.02	-0.75	-0.86	-0.12	-0.85	-0.82	-0.68	-0.67	0.52	-0.96	-0.55	-0.13
Accounts Payable	0.7	0.52	0.57	0.84	0.55	0.62	-0.3	-0.79		0.45	0.82	0.31	0.58	0.45	0.13	0.6	0.92	0.01	0.78	0.84	0.62	0.51	-0.68	0.82	0.3	0.09
Cash	0.92	-0.13	0.69	0.36	0.98	0.93	-0.97	-0.49	0.45		0.47	-0.08	0.24	1.0	0.65	0.13	0.67	0.52	0.33	0.29	0.96	-0.21	-0.34	0.64	0.78	0.3
Non Current Assets Total	0.72	0.53	0.76	0.85	0.57	0.65	-0.32	-0.81	0.82	0.47		0.27	0.39	0.47	-0.12	0.67	0.76	-0.18	0.81	0.8	0.6	0.5	-0.31	0.85	0.2	0.19
Non Currrent Assets Other	0.16	0.04	0.22	0.26	0.02	0.25	0.12	-0.54	0.31	-0.08	0.27		-0.02	-0.08	-0.42	0.66	0.33	-0.44	0.16	0.54	0.12	0.45	-0.27	0.39	0.14	-0.54
Other Assets	0.34	0.29	0.11	0.44	0.31	0.27	-0.17	-0.33	0.58	0.24	0.39	-0.02		0.24	0.06	0.16	0.52	-0.02	0.38	0.36	0.3	0.13	-0.16	0.4	0.31	0.11
Cash And Short Term Investments	0.92	-0.13	0.69	0.36	0.98	0.93	-0.97	-0.49	0.45	1.0	0.47	-0.08	0.24		0.65	0.13	0.67	0.52	0.33	0.29	0.96	-0.21	-0.34	0.64	0.78	0.3
Net Receivables	0.47	-0.08	0.31	0.06	0.55	0.46	-0.64	-0.02	0.13	0.65	-0.12	-0.42	0.06	0.65		-0.42	0.37	0.86	0.1	0.01	0.57	-0.24	-0.48	0.13	0.62	0.56
Common Stock Shares Outstanding	0.36	0.38	0.5	0.66	0.22	0.37	-0.03	-0.75	0.6	0.13	0.67	0.66	0.16	0.13	-0.42		0.53	-0.32	0.56	0.58	0.26	0.49	-0.26	0.75	0.08	-0.37
Other Current Assets	0.86	0.45	0.76	0.83	0.73	0.81	-0.52	-0.86	0.92	0.67	0.76	0.33	0.52	0.67	0.37	0.53		0.27	0.78	0.82	0.82	0.46	-0.74	0.9	0.61	0.24
Other Stockholder Equity	0.35	0.11	0.35	0.15	0.35	0.28	-0.48	-0.12	0.01	0.52	-0.18	-0.44	-0.02	0.52	0.86	-0.32	0.27		0.21	-0.12	0.45	-0.05	-0.36	0.17	0.67	0.59
Total Liab	0.59	0.87	0.8	0.99	0.35	0.45	-0.12	-0.85	0.78	0.33	0.81	0.16	0.38	0.33	0.1	0.56	0.78	0.21		0.8	0.49	0.79	-0.48	0.84	0.34	0.49
Short Long Term Debt	0.61	0.61	0.69	0.83	0.4	0.56	-0.12	-0.82	0.84	0.29	0.8	0.54	0.36	0.29	0.01	0.58	0.82	-0.12	0.8		0.52	0.74	-0.56	0.76	0.28	0.19
Total Current Assets	0.99	0.02	0.77	0.52	0.96	0.98	-0.89	-0.68	0.62	0.96	0.6	0.12	0.3	0.96	0.57	0.26	0.82	0.45	0.49	0.52		0.03	-0.49	0.76	0.8	0.28
Short Term Debt	0.13	0.88	0.48	0.77	-0.18	0.01	0.41	-0.67	0.51	-0.21	0.5	0.45	0.13	-0.21	-0.24	0.49	0.46	-0.05	0.79	0.74	0.03		-0.39	0.51	0.05	0.26
Intangible Assets	-0.48	-0.33	-0.37	-0.5	-0.37	-0.45	0.24	0.52	-0.68	-0.34	-0.31	-0.27	-0.16	-0.34	-0.48	-0.26	-0.74	-0.36	-0.48	-0.56	-0.49	-0.39		-0.49	-0.34	-0.15
Common Stock	0.83	0.5	0.88	0.9	0.68	0.78	-0.48	-0.96	0.82	0.64	0.85	0.39	0.4	0.64	0.13	0.75	0.9	0.17	0.84	0.76	0.76	0.51	-0.49		0.58	0.17
Cash And Equivalents	0.73	0.01	0.62	0.36	0.69	0.73	-0.72	-0.55	0.3	0.78	0.2	0.14	0.31	0.78	0.62	0.08	0.61	0.67	0.34	0.28	0.8	0.05	-0.34	0.58		0.33
Property Plant And Equipment Net	0.28	0.52	0.49	0.37	0.21	0.16	-0.18	-0.13	0.09	0.3	0.19	-0.54	0.11	0.3	0.56	-0.37	0.24	0.59	0.49	0.19	0.28	0.26	-0.15	0.17	0.33

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Identitii Account Relationship Matchups

Identitii fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4M	6.0M	8.8M	4.5M	3.1M	4.2M
Short Long Term Debt Total	30.3K	1.3M	33.0K	980K	888.8K	473.5K
Other Current Liab	793.7K	642.1K	826.7K	435.8K	807.1K	563.8K
Total Current Liabilities	1.8M	958.7K	1.4M	2.1M	1.9M	1.3M
Total Stockholder Equity	1.1M	4.6M	7.4M	2.3M	1.2M	1.1M
Net Tangible Assets	996.0K	4.6M	7.4M	2.3M	2.7M	3.0M
Net Debt	(87.6K)	(4.5M)	(5.0M)	(307.0K)	245.1K	257.3K
Retained Earnings	(20.6M)	(26.4M)	(29.4M)	(35.4M)	(38.9M)	(36.9M)
Accounts Payable	142.5K	103.9K	299.2K	399.0K	204.0K	198.5K
Cash	1.4M	4.5M	5.1M	1.3M	643.8K	611.6K
Non Current Assets Total	914.4K	158.5K	1.8M	1.5M	1.1M	827.0K
Non Currrent Assets Other	(62.1K)	(914.4K)	(158.5K)	27.2K	1.1M	1.1M
Cash And Short Term Investments	1.4M	4.5M	5.1M	1.3M	643.8K	611.6K
Net Receivables	1.0M	1.3M	632.4K	17.0K	22K	20.9K
Common Stock Shares Outstanding	79.5M	178.7M	248.1M	280.2M	385.2M	193.7M
Liabilities And Stockholders Equity	3.4M	6.0M	8.8M	4.5M	3.1M	4.2M
Other Current Assets	926.7K	1.1M	1.6M	1.7M	1.3M	1.2M
Other Stockholder Equity	3.7M	5.3M	1.0	(19.9K)	(22.9K)	(21.7K)
Total Liab	2.3M	958.7K	1.4M	2.1M	1.9M	1.3M
Total Current Assets	2.4M	5.8M	7.0M	3.0M	2.0M	3.5M
Accumulated Other Comprehensive Income	3.7M	5.3M	3.9M	4.3M	4.4M	3.3M
Short Term Debt	(4.2K)	848.9K	33.0K	661.6K	888.8K	933.3K
Common Stock	17.9M	25.8M	32.9M	33.4M	35.6M	20.6M
Cash And Equivalents	4.1M	1.4M	4.5M	1.3M	1.5M	2.2M
Property Plant And Equipment Net	852.3K	101.5K	88.1K	49.9K	16.1K	15.3K
Current Deferred Revenue	44.5K	179.7K	259.7K	318.4K	241.9K	254.0K
Inventory	(926.7K)	(1.1M)	(1.6M)	1.4M	257.1K	269.9K
Property Plant Equipment	852.3K	101.5K	88.1K	49.9K	44.9K	42.6K
Net Invested Capital	1.8M	4.7M	7.4M	3.3M	3.8M	5.0M
Property Plant And Equipment Gross	852.3K	914.4K	88.1K	49.9K	44.9K	42.6K
Capital Stock	17.9M	25.8M	32.9M	33.4M	38.5M	27.8M
Net Working Capital	618.6K	4.8M	5.6M	855.6K	770.0K	731.5K

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