Intellicheck Non Current Assets Total vs Other Assets Analysis

IDN Stock  USD 2.71  0.12  4.63%   
Intellicheck Mobilisa financial indicator trend analysis is infinitely more than just investigating Intellicheck Mobilisa recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intellicheck Mobilisa is a good investment. Please check the relationship between Intellicheck Mobilisa Non Current Assets Total and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellicheck Mobilisa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Intellicheck Stock, please use our How to Invest in Intellicheck Mobilisa guide.

Non Current Assets Total vs Other Assets

Non Current Assets Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intellicheck Mobilisa Non Current Assets Total account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Intellicheck Mobilisa's Non Current Assets Total and Other Assets is -0.28. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Intellicheck Mobilisa, assuming nothing else is changed. The correlation between historical values of Intellicheck Mobilisa's Non Current Assets Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Intellicheck Mobilisa are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Assets Total i.e., Intellicheck Mobilisa's Non Current Assets Total and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Assets

Most indicators from Intellicheck Mobilisa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intellicheck Mobilisa 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 Intellicheck Mobilisa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Intellicheck Stock, please use our How to Invest in Intellicheck Mobilisa guide.At this time, Intellicheck Mobilisa's Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value is likely to grow to about 60.6 M, while Tax Provision is likely to drop about 98.3 K.
 2021 2022 2023 2024 (projected)
Gross Profit12.9M14.7M17.5M18.4M
Total Revenue16.4M16.0M18.9M19.9M

Intellicheck Mobilisa fundamental ratios Correlations

-0.350.430.450.980.58-0.55-0.720.240.550.560.640.460.020.820.470.30.720.010.2-0.420.33-0.730.510.570.57
-0.35-0.9-0.73-0.26-0.510.530.34-0.57-0.530.4-0.73-0.670.71-0.24-0.67-0.69-0.760.560.560.45-0.830.44-0.66-0.11-0.11
0.43-0.90.830.320.69-0.54-0.550.620.53-0.310.730.78-0.70.420.780.740.77-0.63-0.57-0.510.89-0.580.680.120.12
0.45-0.730.830.310.66-0.17-0.540.90.17-0.010.420.63-0.430.320.990.90.54-0.36-0.24-0.450.67-0.590.920.310.32
0.98-0.260.320.310.45-0.58-0.70.10.580.60.610.410.080.810.330.170.660.070.24-0.380.2-0.70.40.550.55
0.58-0.510.690.660.45-0.15-0.420.530.150.20.40.38-0.180.450.670.650.52-0.19-0.01-0.270.69-0.510.530.40.4
-0.550.53-0.54-0.17-0.58-0.150.510.1-1.00.22-0.92-0.630.44-0.58-0.120.01-0.840.390.460.42-0.470.43-0.150.070.07
-0.720.34-0.55-0.54-0.7-0.420.51-0.28-0.5-0.2-0.64-0.830.37-0.92-0.52-0.49-0.690.330.270.61-0.460.8-0.56-0.21-0.22
0.24-0.570.620.90.10.530.1-0.28-0.110.030.140.37-0.30.050.90.830.26-0.31-0.12-0.280.49-0.390.810.380.39
0.55-0.530.530.170.580.15-1.0-0.5-0.11-0.230.920.63-0.450.570.12-0.010.84-0.39-0.47-0.420.47-0.430.15-0.07-0.07
0.560.4-0.31-0.010.60.20.22-0.20.03-0.23-0.26-0.310.710.290.08-0.1-0.180.540.870.11-0.46-0.280.090.660.66
0.64-0.730.730.420.610.4-0.92-0.640.140.92-0.260.78-0.580.680.360.330.98-0.51-0.56-0.520.72-0.540.380.00.0
0.46-0.670.780.630.410.38-0.63-0.830.370.63-0.310.78-0.790.70.560.60.81-0.56-0.7-0.670.76-0.690.620.020.03
0.020.71-0.7-0.430.08-0.180.440.37-0.3-0.450.71-0.58-0.79-0.24-0.32-0.46-0.570.660.920.47-0.790.29-0.370.110.11
0.82-0.240.420.320.810.45-0.58-0.920.050.570.290.680.7-0.240.30.260.73-0.22-0.16-0.540.43-0.740.360.270.27
0.47-0.670.780.990.330.67-0.12-0.520.90.120.080.360.56-0.320.30.880.49-0.29-0.13-0.410.6-0.580.920.340.35
0.3-0.690.740.90.170.650.01-0.490.83-0.01-0.10.330.6-0.460.260.880.44-0.4-0.3-0.390.66-0.470.830.210.22
0.72-0.760.770.540.660.52-0.84-0.690.260.84-0.180.980.81-0.570.730.490.44-0.44-0.49-0.580.79-0.630.530.130.13
0.010.56-0.63-0.360.07-0.190.390.33-0.31-0.390.54-0.51-0.560.66-0.22-0.29-0.4-0.440.70.05-0.560.22-0.090.270.27
0.20.56-0.57-0.240.24-0.010.460.27-0.12-0.470.87-0.56-0.70.92-0.16-0.13-0.3-0.490.70.37-0.690.12-0.150.40.4
-0.420.45-0.51-0.45-0.38-0.270.420.61-0.28-0.420.11-0.52-0.670.47-0.54-0.41-0.39-0.580.050.37-0.50.53-0.59-0.05-0.05
0.33-0.830.890.670.20.69-0.47-0.460.490.47-0.460.720.76-0.790.430.60.660.79-0.56-0.69-0.5-0.460.570.060.06
-0.730.44-0.58-0.59-0.7-0.510.430.8-0.39-0.43-0.28-0.54-0.690.29-0.74-0.58-0.47-0.630.220.120.53-0.46-0.65-0.41-0.42
0.51-0.660.680.920.40.53-0.15-0.560.810.150.090.380.62-0.370.360.920.830.53-0.09-0.15-0.590.57-0.650.40.41
0.57-0.110.120.310.550.40.07-0.210.38-0.070.660.00.020.110.270.340.210.130.270.4-0.050.06-0.410.41.0
0.57-0.110.120.320.550.40.07-0.220.39-0.070.660.00.030.110.270.350.220.130.270.4-0.050.06-0.420.411.0
Click cells to compare fundamentals

Intellicheck Mobilisa Account Relationship Matchups

Intellicheck Mobilisa fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0M24.3M25.7M22.5M23.8M16.5M
Other Current Liab1.4M2.0M4.5M3.4M3.4M3.6M
Total Current Liabilities2.2M2.1M4.5M3.9M6.5M6.9M
Total Stockholder Equity11.7M22.2M21.2M18.5M17.3M13.5M
Property Plant And Equipment Net333.4K170.0K737K749K666K384.2K
Net Debt(3.2M)(13.1M)(13.7M)(5.2M)(4.0M)(4.2M)
Retained Earnings(116.9M)(116.4M)(120.5M)(130.7M)(133.6M)(126.9M)
Accounts Payable95.4K46K368K358K884K928.2K
Cash3.4M13.1M13.7M5.2M4.0M4.1M
Non Current Assets Total8.6M8.8M9.2M9.1M9.4M9.0M
Cash And Short Term Investments3.4M13.1M13.7M10.1M9.0M5.4M
Common Stock Shares Outstanding15.8M17.3M18.6M18.8M19.2M20.2M
Liabilities And Stockholders Equity14.0M24.3M25.7M22.5M23.8M16.5M
Non Current Liabilities Total36.3K45.9K8.7K8K1K0.0
Other Stockholder Equity128.7M141.6M146.5M149.2M150.8M92.5M
Total Liab2.2M2.1M4.5M3.9M6.5M6.9M
Property Plant And Equipment Gross333.4K170.0K737K2.5M2.6M2.8M
Total Current Assets5.4M15.6M16.5M13.3M14.4M7.4M
Intangible Assets174.2K482.6K378K273K575K546.3K
Inventory85.3K82.3K6.1K1.00.90.86
Other Current Assets348.2K341K643K608K692K350.4K
Other Assets38.8K7.8K4.3K8K7.2K6.8K
Net Receivables1.7M2.1M2.2M2.6M4.7M4.9M
Common Stock Total Equity15.6K16.0K18.4K19K21.9K17.7K
Common Stock15.6K16.0K18.4K19K21.9K17.9K
Property Plant Equipment181.7K170.0K737K749K861.4K904.4K
Other Liab13.3K8.7K8K1K900.0855.0
Current Deferred Revenue572.4K402.8K1.3M906K2.2M1.1M
Non Currrent Assets Other38.8K7.8K4.3K8K90K93.8K
Net Tangible Assets3.5M13.6M12.7M10.1M11.6M7.5M
Retained Earnings Total Equity(114.4M)(116.9M)(116.4M)(130.7M)(117.7M)(123.6M)
Capital Surpluse127.3M128.7M138.6M149.2M171.6M131.1M
Non Current Liabilities Other29.5K45.9K8.7K1K900.0855.0

Pair Trading with Intellicheck Mobilisa

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intellicheck Mobilisa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intellicheck Mobilisa will appreciate offsetting losses from the drop in the long position's value.

Moving together with Intellicheck Stock

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Moving against Intellicheck Stock

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The ability to find closely correlated positions to Intellicheck Mobilisa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intellicheck Mobilisa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intellicheck Mobilisa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intellicheck Mobilisa to buy it.
The correlation of Intellicheck Mobilisa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intellicheck Mobilisa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intellicheck Mobilisa moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intellicheck Mobilisa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Intellicheck Mobilisa offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intellicheck Mobilisa's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intellicheck Mobilisa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intellicheck Mobilisa Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellicheck Mobilisa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Intellicheck Stock, please use our How to Invest in Intellicheck Mobilisa guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intellicheck Mobilisa. If investors know Intellicheck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intellicheck Mobilisa listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
7.622
Earnings Share
(0.02)
Revenue Per Share
0.997
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.01)
The market value of Intellicheck Mobilisa is measured differently than its book value, which is the value of Intellicheck that is recorded on the company's balance sheet. Investors also form their own opinion of Intellicheck Mobilisa's value that differs from its market value or its book value, called intrinsic value, which is Intellicheck Mobilisa's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intellicheck Mobilisa's market value can be influenced by many factors that don't directly affect Intellicheck Mobilisa's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intellicheck Mobilisa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intellicheck Mobilisa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intellicheck Mobilisa's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.