Impax Total Current Liabilities vs Other Current Liab Analysis
IEM Stock | 376.50 3.00 0.80% |
Impax Environmental financial indicator trend analysis is infinitely more than just investigating Impax Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Impax Environmental is a good investment. Please check the relationship between Impax Environmental Total Current Liabilities and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Impax Environmental Markets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Current Liabilities vs Other Current Liab
Total Current Liabilities vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Impax Environmental Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Impax Environmental's Total Current Liabilities and Other Current Liab is 0.27. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Impax Environmental Markets, assuming nothing else is changed. The correlation between historical values of Impax Environmental's Total Current Liabilities and Other Current Liab 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 Liabilities of Impax Environmental Markets are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Impax Environmental's Total Current Liabilities and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Impax Environmental balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Impax Environmental Markets are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Current Liab
Most indicators from Impax Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Impax Environmental 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 Impax Environmental Markets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Tax Provision is expected to grow to about 1.7 M, whereas Selling General Administrative is forecasted to decline to about 1.2 M.
Impax Environmental fundamental ratios Correlations
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Impax Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Impax Environmental fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 688.9M | 1.1B | 1.5B | 1.3B | 1.3B | 1.4B | |
Other Current Liab | (77K) | (1.5M) | (98K) | (51.7M) | 3.8M | 4.0M | |
Total Current Liabilities | 77K | 1.6M | 3.0M | 133K | 7.6M | 8.0M | |
Total Stockholder Equity | 657.0M | 1.1B | 1.5B | 1.3B | 1.2B | 1.3B | |
Net Debt | 16.3M | 18.9M | 20.8M | 25.3M | 70.3M | 73.8M | |
Accounts Payable | 77K | 1.5M | 98K | 133K | 119.7K | 113.7K | |
Cash | 13.8M | 30.0M | 28.3M | 26.3M | 16.8M | 11.7M | |
Non Current Assets Total | 674.9M | 1.1B | 1.5B | 1.3B | 1.3B | 1.4B | |
Non Currrent Assets Other | (674.9M) | (1.1B) | (1.5B) | (1.3B) | (1.3B) | (1.2B) | |
Other Assets | 481.6M | 23K | 58K | 90K | 39K | 37.1K | |
Cash And Short Term Investments | 13.8M | 30.0M | 28.3M | 26.3M | 16.8M | 11.7M | |
Net Receivables | 203K | 3.9M | 274K | 512K | 586K | 585.8K | |
Liabilities And Stockholders Equity | 688.9M | 1.1B | 1.5B | 1.3B | 1.3B | 1.4B | |
Non Current Liabilities Total | 30.1M | 48.9M | 49.1M | 51.6M | 87.1M | 91.5M | |
Other Stockholder Equity | 62.2M | 239.1M | 388.3M | 423.1M | 423.1M | 444.3M | |
Total Liab | 32.0M | 53.7M | 52.7M | 53.7M | 91.0M | 95.5M | |
Total Current Assets | 14.0M | 34.1M | 28.6M | 26.9M | 17.6M | 12.3M | |
Retained Earnings | 439.1M | 669.9M | 903.8M | 670.5M | 14.9M | 14.2M | |
Other Current Assets | 95K | 143.0K | 23K | 198.0K | 205K | 215.3K | |
Accumulated Other Comprehensive Income | 133.1M | 157.7M | 157.7M | 151.7M | 753.9M | 791.6M | |
Short Long Term Debt Total | 30.1M | 48.9M | 49.1M | 51.6M | 87.1M | 46.1M | |
Net Tangible Assets | 450.0M | 657.0M | 1.1B | 1.5B | 1.7B | 1.8B | |
Long Term Debt | 29.4M | 30.7M | 30.1M | 48.9M | 56.2M | 36.3M | |
Long Term Investments | 674.9M | 1.1B | 1.5B | 1.3B | 1.3B | 898.6M | |
Net Invested Capital | 687.1M | 1.1B | 1.5B | 1.3B | 1.3B | 1.1B |
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Balance Sheet is a snapshot of the financial position of Impax Environmental at a specified time, usually calculated after every quarter, six months, or one year. Impax Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Impax Environmental and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Impax currently owns. An asset can also be divided into two categories, current and non-current.