IdeaForge Net Income vs Change In Working Capital Analysis

IDEAFORGE

385.70 10.65 2.69%

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 Net Income and its Change In Working Capital 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.

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ideaForge Technology Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between IdeaForge Technology's Net Income and Change In Working Capital is 0.1. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital 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 Net Income and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of ideaForge Technology Limited are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., IdeaForge Technology's Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in ideaForge Technology financial statement analysis. It represents the amount of money remaining after all of ideaForge Technology Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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 02/27/2025, Selling General Administrative is likely to grow to about 651.7 M

	2022	2023	2024	2025 (projected)
Gross Profit	1.3B	1.6B	1.8B	1.9B
Total Revenue	1.9B	3.1B	3.6B	3.8B

Gross Profit Total Revenue

IdeaForge Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue
Total Assets		0.31	0.98	0.72	0.99	0.99	-0.67	0.98	0.98	0.92	0.99	0.18	0.98	0.83	0.72	0.98	0.43	0.97	0.99	0.98	0.72	1.0	0.2	0.99	0.99	0.75
Short Long Term Debt Total	0.31		0.15	0.82	0.2	0.36	0.48	0.19	0.44	-0.07	0.36	0.84	0.16	0.72	0.54	0.34	0.61	0.49	0.45	0.16	0.86	0.29	0.93	0.27	0.24	0.64
Other Current Liab	0.98	0.15		0.58	0.99	0.96	-0.78	0.96	0.95	0.97	0.97	-0.01	0.99	0.74	0.69	0.94	0.42	0.92	0.95	0.99	0.6	0.98	0.01	0.99	0.98	0.65
Total Current Liabilities	0.72	0.82	0.58		0.64	0.77	-0.01	0.67	0.81	0.4	0.76	0.79	0.6	0.95	0.7	0.74	0.45	0.85	0.8	0.59	0.98	0.71	0.8	0.67	0.66	0.93
Total Stockholder Equity	0.99	0.2	0.99	0.64		0.98	-0.74	0.99	0.96	0.96	0.97	0.08	1.0	0.77	0.67	0.98	0.37	0.94	0.96	1.0	0.64	1.0	0.1	0.99	1.0	0.68
Property Plant And Equipment Net	0.99	0.36	0.96	0.77	0.98		-0.61	0.98	0.99	0.89	0.99	0.27	0.96	0.86	0.74	0.98	0.41	0.99	0.99	0.96	0.77	0.99	0.28	0.98	0.98	0.81
Net Debt	-0.67	0.48	-0.78	-0.01	-0.74	-0.61		-0.73	-0.55	-0.89	-0.61	0.52	-0.77	-0.23	-0.24	-0.62	0.01	-0.49	-0.55	-0.76	-0.01	-0.68	0.56	-0.69	-0.71	-0.17
Retained Earnings	0.98	0.19	0.96	0.67	0.99	0.98	-0.73		0.95	0.93	0.95	0.16	0.99	0.77	0.6	0.98	0.25	0.94	0.94	0.97	0.64	0.98	0.15	0.96	0.98	0.72
Accounts Payable	0.98	0.44	0.95	0.81	0.96	0.99	-0.55	0.95		0.86	0.99	0.31	0.94	0.89	0.77	0.96	0.51	1.0	1.0	0.94	0.82	0.98	0.33	0.97	0.96	0.83
Cash	0.92	-0.07	0.97	0.4	0.96	0.89	-0.89	0.93	0.86		0.89	-0.19	0.97	0.59	0.54	0.89	0.28	0.81	0.86	0.97	0.42	0.93	-0.18	0.93	0.94	0.49
Non Current Assets Total	0.99	0.36	0.97	0.76	0.97	0.99	-0.61	0.95	0.99	0.89		0.23	0.95	0.86	0.8	0.95	0.49	0.98	0.99	0.95	0.77	0.98	0.24	0.99	0.96	0.81
Non Currrent Assets Other	0.18	0.84	-0.01	0.79	0.08	0.27	0.52	0.16	0.31	-0.19	0.23		0.05	0.57	0.27	0.25	0.13	0.38	0.29	0.02	0.72	0.17	0.96	0.09	0.11	0.68
Cash And Short Term Investments	0.98	0.16	0.99	0.6	1.0	0.96	-0.77	0.99	0.94	0.97	0.95	0.05		0.75	0.62	0.98	0.33	0.92	0.94	1.0	0.6	0.99	0.07	0.97	0.99	0.64
Net Receivables	0.83	0.72	0.74	0.95	0.77	0.86	-0.23	0.77	0.89	0.59	0.86	0.57	0.75		0.8	0.84	0.57	0.91	0.9	0.74	0.96	0.82	0.62	0.81	0.79	0.88
Common Stock Shares Outstanding	0.72	0.54	0.69	0.7	0.67	0.74	-0.24	0.6	0.77	0.54	0.8	0.27	0.62	0.8		0.65	0.72	0.78	0.79	0.65	0.78	0.7	0.34	0.77	0.67	0.74
Short Term Investments	0.98	0.34	0.94	0.74	0.98	0.98	-0.62	0.98	0.96	0.89	0.95	0.25	0.98	0.84	0.65		0.35	0.96	0.97	0.97	0.73	0.99	0.28	0.96	0.99	0.73
Non Current Liabilities Total	0.43	0.61	0.42	0.45	0.37	0.41	0.01	0.25	0.51	0.28	0.49	0.13	0.33	0.57	0.72	0.35		0.48	0.54	0.37	0.63	0.41	0.27	0.49	0.38	0.4
Inventory	0.97	0.49	0.92	0.85	0.94	0.99	-0.49	0.94	1.0	0.81	0.98	0.38	0.92	0.91	0.78	0.96	0.48		0.99	0.92	0.85	0.97	0.4	0.95	0.94	0.87
Other Current Assets	0.99	0.45	0.95	0.8	0.96	0.99	-0.55	0.94	1.0	0.86	0.99	0.29	0.94	0.9	0.79	0.97	0.54	0.99		0.95	0.82	0.98	0.32	0.98	0.97	0.81
Other Stockholder Equity	0.98	0.16	0.99	0.59	1.0	0.96	-0.76	0.97	0.94	0.97	0.95	0.02	1.0	0.74	0.65	0.97	0.37	0.92	0.95		0.6	0.99	0.06	0.98	1.0	0.62
Total Liab	0.72	0.86	0.6	0.98	0.64	0.77	-0.01	0.64	0.82	0.42	0.77	0.72	0.6	0.96	0.78	0.73	0.63	0.85	0.82	0.6		0.71	0.76	0.69	0.66	0.91
Total Current Assets	1.0	0.29	0.98	0.71	1.0	0.99	-0.68	0.98	0.98	0.93	0.98	0.17	0.99	0.82	0.7	0.99	0.41	0.97	0.98	0.99	0.71		0.19	0.99	1.0	0.73
Short Term Debt	0.2	0.93	0.01	0.8	0.1	0.28	0.56	0.15	0.33	-0.18	0.24	0.96	0.07	0.62	0.34	0.28	0.27	0.4	0.32	0.06	0.76	0.19		0.13	0.15	0.62
Intangible Assets	0.99	0.27	0.99	0.67	0.99	0.98	-0.69	0.96	0.97	0.93	0.99	0.09	0.97	0.81	0.77	0.96	0.49	0.95	0.98	0.98	0.69	0.99	0.13		0.98	0.72
Common Stock	0.99	0.24	0.98	0.66	1.0	0.98	-0.71	0.98	0.96	0.94	0.96	0.11	0.99	0.79	0.67	0.99	0.38	0.94	0.97	1.0	0.66	1.0	0.15	0.98		0.67
Current Deferred Revenue	0.75	0.64	0.65	0.93	0.68	0.81	-0.17	0.72	0.83	0.49	0.81	0.68	0.64	0.88	0.74	0.73	0.4	0.87	0.81	0.62	0.91	0.73	0.62	0.72	0.67

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IdeaForge Technology Account Relationship Matchups

IdeaForge Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.2B	2.2B	4.9B	7.4B	8.5B	9.0B
Short Long Term Debt Total	510.4M	163.7M	1.0B	144.9M	166.6M	158.3M
Other Current Liab	63.1M	120.9M	129.9M	425.1M	488.9M	513.3M
Total Current Liabilities	243.1M	471.8M	1.5B	684.6M	787.3M	562.6M
Total Stockholder Equity	597.5M	1.6B	3.2B	6.6B	7.6B	8.0B
Property Plant And Equipment Net	13.9M	130.2M	271.5M	350.3M	402.9M	423.0M
Net Debt	477.7M	(140.4M)	979.0M	(1.5B)	(1.3B)	(1.3B)
Retained Earnings	(390.4M)	50.0M	369.7M	822.3M	945.6M	992.9M
Accounts Payable	47.5M	74.9M	139.9M	159.7M	183.7M	192.8M
Cash	32.7M	304.2M	26.6M	1.6B	1.9B	2.0B
Non Current Assets Total	423.4M	787.2M	1.0B	1.4B	1.6B	1.7B
Non Currrent Assets Other	14.5M	424.2M	1.6B	67.4M	77.5M	73.7M
Cash And Short Term Investments	121.4M	457.3M	1.6B	3.6B	4.2B	4.4B
Net Receivables	237.5M	203.1M	578.2M	443.5M	510.1M	304.8M
Short Term Investments	88.7M	153.1M	1.6B	1.9B	2.2B	2.3B
Liabilities And Stockholders Equity	1.2B	2.2B	4.9B	7.4B	8.5B	9.0B
Non Current Liabilities Total	396.8M	118.5M	137.8M	134.5M	154.7M	149.9M
Inventory	234.2M	489.1M	1.0B	1.0B	1.2B	1.2B
Other Current Assets	289.8M	314.3M	797.2M	947.7M	1.1B	1.1B
Other Stockholder Equity	895.6M	902.7M	2.4B	5.3B	6.0B	6.4B
Total Liab	639.9M	590.3M	1.6B	819.1M	942.0M	712.5M
Total Current Assets	814.1M	1.4B	3.8B	6.0B	6.9B	7.3B
Accumulated Other Comprehensive Income	91.0M	679.1M	309.0M	95.4M	109.7M	104.2M
Short Term Debt	132.6M	69.2M	892.9M	39.8M	45.7M	43.4M
Intangible Assets	258.0M	322.7M	464.7M	862.6M	992.0M	1.0B
Current Deferred Revenue	2.8M	197.9M	265.4M	149.9M	172.4M	136.0M

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IdeaForge Net Income vs Change In Working Capital Analysis

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Net Income

Change In Working Capital

IdeaForge Technology fundamental ratios Correlations

IdeaForge Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IdeaForge Technology fundamental ratios Accounts

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Additional Tools for IdeaForge Stock Analysis

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Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity
Inventory	+ 1.0	Accounts Payable

Cash	- 0.89	Net Debt
Net Debt	- 0.78	Other Current Liab
Cash And Short Term Investments	- 0.77	Net Debt
Other Stockholder Equity	- 0.76	Net Debt
Net Debt	- 0.74	Total Stockholder Equity
Retained Earnings	- 0.73	Net Debt