IdeaForge Cash vs Common Stock Shares Outstanding Analysis

IDEAFORGE   572.90  1.10  0.19%   
IdeaForge Technology financial indicator trend analysis is infinitely more than just investigating ideaForge Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ideaForge Technology is a good investment. Please check the relationship between IdeaForge Technology Cash and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ideaForge Technology 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 census.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ideaForge Technology Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IdeaForge Technology's Cash and Common Stock Shares Outstanding is 0.41. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of ideaForge Technology Limited, assuming nothing else is changed. The correlation between historical values of IdeaForge Technology's Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of ideaForge Technology Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., IdeaForge Technology's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of ideaForge Technology, which is listed under current asset account on ideaForge Technology Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from IdeaForge Technology customers. The amounts must be unrestricted with restricted cash listed in a different IdeaForge Technology 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from IdeaForge Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ideaForge Technology 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 ideaForge Technology 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 census.
As of 11/29/2024, Selling General Administrative is likely to grow to about 566.7 M
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.3B1.6B802.5M
Total Revenue1.6B1.9B3.1B3.3B

IdeaForge Technology fundamental ratios Correlations

0.370.970.710.990.99-0.570.970.870.870.880.290.970.810.660.980.390.860.980.970.721.00.30.990.990.74
0.370.170.860.240.430.540.220.63-0.110.540.850.190.810.580.410.610.670.530.190.90.350.930.330.290.67
0.970.170.530.990.94-0.730.950.770.960.810.050.980.670.620.910.390.740.920.980.560.970.060.980.970.61
0.710.860.530.610.780.140.640.880.290.830.860.570.960.660.740.420.930.810.550.980.70.860.650.640.93
0.990.240.990.610.97-0.680.980.810.930.830.170.990.730.60.960.320.790.940.990.610.990.180.980.990.66
0.990.430.940.780.97-0.50.970.90.820.90.390.940.850.680.970.360.90.980.940.770.990.390.970.960.82
-0.570.54-0.730.14-0.68-0.5-0.66-0.24-0.89-0.320.54-0.71-0.02-0.08-0.510.11-0.18-0.41-0.710.15-0.580.58-0.6-0.63-0.04
0.970.220.950.640.980.97-0.660.810.90.820.250.980.710.50.960.170.80.910.960.60.970.220.930.970.7
0.870.630.770.880.810.9-0.240.810.60.980.560.770.950.710.840.490.990.910.760.890.850.560.840.810.88
0.87-0.110.960.290.930.82-0.890.90.60.65-0.190.940.440.410.820.210.550.780.940.30.88-0.190.890.90.4
0.880.540.810.830.830.9-0.320.820.980.650.470.780.910.770.830.470.970.910.780.840.860.460.870.820.87
0.290.850.050.860.170.390.540.250.56-0.190.470.120.70.340.370.150.640.410.090.790.270.960.190.20.75
0.970.190.980.570.990.94-0.710.980.770.940.780.120.680.510.960.260.750.921.00.560.980.140.960.990.6
0.810.810.670.960.730.85-0.020.710.950.440.910.70.680.750.820.560.970.90.680.970.80.750.770.750.87
0.660.580.620.660.60.68-0.080.50.710.410.770.340.510.750.560.710.720.750.560.750.630.410.730.590.71
0.980.410.910.740.960.97-0.510.960.840.820.830.370.960.820.560.290.850.950.950.720.980.40.930.980.71
0.390.610.390.420.320.360.110.170.490.210.470.150.260.560.710.290.440.530.320.610.370.290.470.330.36
0.860.670.740.930.790.9-0.180.80.990.550.970.640.750.970.720.850.440.910.740.920.840.630.820.790.91
0.980.530.920.810.940.98-0.410.910.910.780.910.410.920.90.750.950.530.910.920.830.970.440.970.950.81
0.970.190.980.550.990.94-0.710.960.760.940.780.091.00.680.560.950.320.740.920.560.980.120.970.990.57
0.720.90.560.980.610.770.150.60.890.30.840.790.560.970.750.720.610.920.830.560.70.820.680.640.9
1.00.350.970.70.990.99-0.580.970.850.880.860.270.980.80.630.980.370.840.970.980.70.290.980.990.72
0.30.930.060.860.180.390.580.220.56-0.190.460.960.140.750.410.40.290.630.440.120.820.290.220.230.67
0.990.330.980.650.980.97-0.60.930.840.890.870.190.960.770.730.930.470.820.970.970.680.980.220.970.7
0.990.290.970.640.990.96-0.630.970.810.90.820.20.990.750.590.980.330.790.950.990.640.990.230.970.64
0.740.670.610.930.660.82-0.040.70.880.40.870.750.60.870.710.710.360.910.810.570.90.720.670.70.64
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IdeaForge Technology Account Relationship Matchups

IdeaForge Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets797.9M1.2B2.2B4.9B7.4B7.8B
Short Long Term Debt Total66.1M510.4M163.7M1.0B144.9M137.7M
Other Current Liab17.3M63.1M120.9M129.9M425.1M446.4M
Total Current Liabilities96.9M243.1M471.8M1.5B684.6M562.6M
Total Stockholder Equity681.2M597.5M1.6B3.2B6.6B6.9B
Property Plant And Equipment Net23.7M13.9M130.2M271.5M350.3M367.8M
Net Debt65.2M477.7M(140.4M)979.0M(1.5B)(1.4B)
Retained Earnings(244.6M)(390.4M)50.0M369.7M822.3M863.4M
Accounts Payable8.2M47.5M74.9M139.9M159.7M82.5M
Cash900K32.7M304.2M26.6M1.6B1.7B
Non Current Assets Total303.7M423.4M787.2M1.0B1.4B767.6M
Non Currrent Assets Other16.5M14.5M424.2M1.6B67.4M64.1M
Cash And Short Term Investments130.1M121.4M457.3M1.6B3.6B3.8B
Net Receivables112.3M237.5M203.1M578.2M443.5M304.8M
Short Term Investments129.2M88.7M153.1M1.6B1.9B2.0B
Liabilities And Stockholders Equity797.9M1.2B2.2B4.9B7.4B7.8B
Non Current Liabilities Total19.8M396.8M118.5M137.8M134.5M149.9M
Inventory108.6M234.2M489.1M1.0B1.0B551.6M
Other Current Assets43.2M289.8M314.3M797.2M947.7M995.1M
Other Stockholder Equity890.1M895.6M902.7M2.4B5.3B5.5B
Total Liab116.7M639.9M590.3M1.6B819.1M712.5M
Total Current Assets494.2M814.1M1.4B3.8B6.0B6.3B
Accumulated Other Comprehensive Income34.4M91.0M679.1M309.0M95.4M90.6M
Short Term Debt69.4M132.6M69.2M892.9M39.8M37.8M
Intangible Assets190.8M258.0M322.7M464.7M862.6M905.8M

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