IdeaForge Net Receivables vs Non Current Liabilities Total 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 Net Receivables and its Non Current Liabilities Total 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 Receivables vs Non Current Liabilities Total

Net Receivables vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ideaForge Technology Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IdeaForge Technology's Net Receivables and Non Current Liabilities Total is 0.56. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total 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 Receivables and Non Current Liabilities Total 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 Receivables of ideaForge Technology Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., IdeaForge Technology's Net Receivables and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Non Current Liabilities Total

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
Click cells to compare fundamentals

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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