IFabric Historical Balance Sheet

IFA Stock

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Trend analysis of iFabric Corp balance sheet accounts such as Total Stockholder Equity of 25 M or Net Debt of 429.9 K provides information on IFabric Corp's total assets, liabilities, and equity, which is the actual value of iFabric Corp to its prevalent stockholders. By breaking down trends over time using IFabric Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining iFabric Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether iFabric Corp is a good buy for the upcoming year.

IFabric Corp Inventory

11.44 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iFabric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About IFabric Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of iFabric Corp at a specified time, usually calculated after every quarter, six months, or one year. IFabric Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IFabric Corp 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 IFabric currently owns. An asset can also be divided into two categories, current and non-current.

IFabric Corp Balance Sheet Chart

At this time, IFabric Corp's Other Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Total Current Assets is likely to grow to about 24 M, while Total Current Liabilities is likely to drop about 2.5 M.

Total Current Liabilities Total Stockholder Equity Accounts Payable Net Tangible Assets Short Long Term Debt Total Inventory

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Total Current Liabilities

Total Current Liabilities is an item on IFabric Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of iFabric Corp 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents IFabric Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of iFabric Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most accounts from IFabric Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into iFabric Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 iFabric Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	4.0M	4.3M	5.0M	2.5M
Total Assets	27.4M	25.9M	29.8M	31.3M

Total Current Liabilities Total Assets

IFabric Corp balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Net Tangible Assets	Retained Earnings	Short Term Investments	Short Term Debt	Common Stock	Other Current Liab	Common Stock Total Equity	Short Long Term Debt	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Net Receivables
Total Assets		0.61	0.99	-0.28	0.92	0.43	0.43	0.63	0.92	0.58	0.55	0.99	0.98	0.55	-0.54	0.46	0.93	0.61	0.63	0.51	0.34	0.76	-0.06	0.75	-0.76	0.74
Total Current Liabilities	0.61		0.51	-0.14	0.53	0.27	0.27	0.58	0.65	0.29	0.91	0.61	0.47	0.42	-0.37	0.69	0.47	0.7	0.61	0.69	0.4	0.48	0.6	0.52	-0.5	0.72
Total Stockholder Equity	0.99	0.51		-0.32	0.91	0.45	0.45	0.57	0.9	0.56	0.42	0.99	0.99	0.54	-0.58	0.42	0.95	0.57	0.55	0.47	0.29	0.78	-0.19	0.75	-0.77	0.72
Net Debt	-0.28	-0.14	-0.32		-0.15	-0.96	-0.96	-0.1	-0.23	0.1	-0.03	-0.33	-0.26	-0.48	0.5	0.02	-0.43	-0.36	-0.09	0.0	0.2	-0.02	0.04	0.02	0.22	-0.33
Accounts Payable	0.92	0.53	0.91	-0.15		0.29	0.29	0.52	0.87	0.76	0.49	0.9	0.92	0.29	-0.39	0.33	0.83	0.36	0.52	0.37	0.31	0.74	-0.06	0.79	-0.61	0.55
Cash	0.43	0.27	0.45	-0.96	0.29		1.0	0.3	0.31	0.05	0.19	0.47	0.4	0.6	-0.47	0.16	0.52	0.48	0.28	0.18	0.02	0.17	-0.08	0.13	-0.35	0.43
Cash And Short Term Investments	0.43	0.27	0.45	-0.96	0.29	1.0		0.3	0.31	0.06	0.19	0.47	0.4	0.6	-0.47	0.16	0.52	0.48	0.28	0.18	0.02	0.17	-0.08	0.13	-0.35	0.43
Common Stock Shares Outstanding	0.63	0.58	0.57	-0.1	0.52	0.3	0.3		0.4	0.32	0.73	0.58	0.56	0.77	-0.24	0.44	0.48	0.51	0.98	0.41	0.35	0.49	0.03	0.53	-0.45	0.44
Other Current Assets	0.92	0.65	0.9	-0.23	0.87	0.31	0.31	0.4		0.48	0.53	0.93	0.9	0.3	-0.64	0.37	0.89	0.55	0.43	0.42	0.16	0.74	0.14	0.73	-0.66	0.71
Other Stockholder Equity	0.58	0.29	0.56	0.1	0.76	0.05	0.06	0.32	0.48		0.29	0.53	0.59	0.0	-0.16	0.2	0.38	-0.01	0.33	0.27	0.51	0.64	-0.09	0.68	-0.58	0.13
Total Liab	0.55	0.91	0.42	-0.03	0.49	0.19	0.19	0.73	0.53	0.29		0.52	0.41	0.46	-0.2	0.54	0.36	0.6	0.79	0.51	0.37	0.4	0.6	0.46	-0.33	0.54
Total Current Assets	0.99	0.61	0.99	-0.33	0.9	0.47	0.47	0.58	0.93	0.53	0.52		0.97	0.56	-0.57	0.46	0.95	0.64	0.58	0.51	0.31	0.75	-0.06	0.73	-0.75	0.78
Net Tangible Assets	0.98	0.47	0.99	-0.26	0.92	0.4	0.4	0.56	0.9	0.59	0.41	0.97		0.48	-0.55	0.38	0.93	0.53	0.55	0.43	0.28	0.79	-0.21	0.77	-0.73	0.66
Retained Earnings	0.55	0.42	0.54	-0.48	0.29	0.6	0.6	0.77	0.3	0.0	0.46	0.56	0.48		-0.31	0.4	0.52	0.69	0.74	0.4	0.23	0.21	-0.08	0.16	-0.48	0.59
Short Term Investments	-0.54	-0.37	-0.58	0.5	-0.39	-0.47	-0.47	-0.24	-0.64	-0.16	-0.2	-0.57	-0.55	-0.31		-0.05	-0.57	-0.38	-0.23	-0.11	0.16	-0.55	-0.15	-0.52	0.66	-0.38
Short Term Debt	0.46	0.69	0.42	0.02	0.33	0.16	0.16	0.44	0.37	0.2	0.54	0.46	0.38	0.4	-0.05		0.36	0.66	0.41	0.98	0.73	0.44	0.08	0.39	-0.52	0.74
Common Stock	0.93	0.47	0.95	-0.43	0.83	0.52	0.52	0.48	0.89	0.38	0.36	0.95	0.93	0.52	-0.57	0.36		0.55	0.45	0.4	0.17	0.67	-0.2	0.64	-0.62	0.78
Other Current Liab	0.61	0.7	0.57	-0.36	0.36	0.48	0.48	0.51	0.55	-0.01	0.6	0.64	0.53	0.69	-0.38	0.66	0.55		0.49	0.65	0.31	0.41	0.17	0.36	-0.5	0.79
Common Stock Total Equity	0.63	0.61	0.55	-0.09	0.52	0.28	0.28	0.98	0.43	0.33	0.79	0.58	0.55	0.74	-0.23	0.41	0.45	0.49		0.39	0.32	0.44	0.14	0.48	-0.43	0.41
Short Long Term Debt	0.51	0.69	0.47	0.0	0.37	0.18	0.18	0.41	0.42	0.27	0.51	0.51	0.43	0.4	-0.11	0.98	0.4	0.65	0.39		0.75	0.49	0.06	0.43	-0.62	0.77
Short Long Term Debt Total	0.34	0.4	0.29	0.2	0.31	0.02	0.02	0.35	0.16	0.51	0.37	0.31	0.28	0.23	0.16	0.73	0.17	0.31	0.32	0.75		0.47	-0.11	0.39	-0.49	0.42
Property Plant And Equipment Net	0.76	0.48	0.78	-0.02	0.74	0.17	0.17	0.49	0.74	0.64	0.4	0.75	0.79	0.21	-0.55	0.44	0.67	0.41	0.44	0.49	0.47		-0.19	0.98	-0.73	0.51
Current Deferred Revenue	-0.06	0.6	-0.19	0.04	-0.06	-0.08	-0.08	0.03	0.14	-0.09	0.6	-0.06	-0.21	-0.08	-0.15	0.08	-0.2	0.17	0.14	0.06	-0.11	-0.19		-0.11	0.06	0.08
Non Current Assets Total	0.75	0.52	0.75	0.02	0.79	0.13	0.13	0.53	0.73	0.68	0.46	0.73	0.77	0.16	-0.52	0.39	0.64	0.36	0.48	0.43	0.39	0.98	-0.11		-0.65	0.44
Non Currrent Assets Other	-0.76	-0.5	-0.77	0.22	-0.61	-0.35	-0.35	-0.45	-0.66	-0.58	-0.33	-0.75	-0.73	-0.48	0.66	-0.52	-0.62	-0.5	-0.43	-0.62	-0.49	-0.73	0.06	-0.65		-0.61
Net Receivables	0.74	0.72	0.72	-0.33	0.55	0.43	0.43	0.44	0.71	0.13	0.54	0.78	0.66	0.59	-0.38	0.74	0.78	0.79	0.41	0.77	0.42	0.51	0.08	0.44	-0.61

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IFabric Corp Account Relationship Matchups

IFabric Corp balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.5M	27.6M	27.4M	25.9M	29.8M	31.3M
Total Current Liabilities	7.5M	4.8M	4.0M	4.3M	5.0M	2.5M
Total Stockholder Equity	9.3M	22.3M	22.8M	20.7M	23.8M	25.0M
Net Debt	154.8K	(7.6M)	293.3K	454.9K	409.5K	429.9K
Accounts Payable	1.2M	2.2M	2.0M	2.6M	3.0M	3.1M
Cash	1.2M	8.9M	944.7K	1.6M	1.8M	1.5M
Cash And Short Term Investments	1.2M	8.9M	944.7K	1.6M	1.8M	1.5M
Common Stock Shares Outstanding	26.3M	29.2M	30.4M	30.2M	34.7M	21.7M
Liabilities And Stockholders Equity	17.5M	27.6M	27.4M	25.9M	29.8M	31.3M
Other Current Assets	4.3M	4.8M	5.4M	4.9M	5.6M	5.9M
Other Stockholder Equity	2.0M	2.2M	259.1K	6.4M	7.4M	7.8M
Total Liab	8.2M	5.4M	4.6M	5.2M	6.0M	3.5M
Total Current Assets	13.2M	23.2M	22.7M	19.9M	22.9M	24.0M
Net Tangible Assets	9.2M	9.3M	22.2M	22.7M	26.1M	27.4M
Retained Earnings	3.2M	5.6M	5.2M	3.1M	3.5M	3.0M
Short Term Debt	1.3M	1.2M	1.2M	1.1M	1.3M	856.9K
Common Stock	3.3M	13.6M	13.7M	9.0M	10.3M	10.9M
Other Current Liab	832.2K	946.7K	737.2K	566.0K	650.9K	438.8K
Short Long Term Debt	1.3M	1.3M	1.2M	1.2M	1.3M	959.6K
Short Long Term Debt Total	1.8M	1.8M	1.8M	2.0M	2.3M	2.1M
Property Plant And Equipment Net	2.8M	3.0M	3.2M	3.6M	4.2M	3.1M
Current Deferred Revenue	4.2M	377.3K	118.3K	114.2K	131.4K	124.8K
Non Current Assets Total	4.3M	4.4M	4.7M	6.0M	6.9M	4.7M
Non Currrent Assets Other	370.7K	363.1K	292.1K	178.0K	160.2K	152.2K
Net Receivables	4.6M	6.5M	7.0M	4.0M	4.5M	3.9M
Non Current Liabilities Total	650.1K	551.3K	614.7K	906.8K	816.1K	1.0M
Inventory	3.1M	3.0M	9.4M	9.5M	10.9M	11.4M
Property Plant And Equipment Gross	2.8M	2.8M	3.7M	3.9M	4.5M	3.2M
Accumulated Other Comprehensive Income	2.8M	3.1M	3.9M	2.2M	2.5M	1.4M
Other Assets	1.1M	1.4M	1.4M	1.2M	1.3M	1.3M
Long Term Debt	476.8K	502.2K	530.4K	581.3K	523.2K	846.9K
Deferred Long Term Liab	107.3K	258.5K	231.7K	204.8K	184.4K	268.7K
Property Plant Equipment	2.8M	2.8M	3.0M	3.2M	3.6M	3.1M
Long Term Debt Total	476.8K	527.6K	551.3K	614.7K	553.2K	765.5K
Intangible Assets	107.3K	258.5K	231.7K	204.8K	184.4K	226.4K
Net Invested Capital	10.5M	10.6M	23.5M	23.9M	27.5M	17.1M
Net Working Capital	5.8M	5.7M	18.4M	18.7M	21.5M	11.7M

Pair Trading with IFabric Corp

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 IFabric Corp 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 IFabric Corp will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to IFabric Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IFabric Corp 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 IFabric Corp - 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 iFabric Corp to buy it.

The correlation of IFabric Corp 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 IFabric Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iFabric Corp 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 IFabric Corp 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 Correlation Correlation Matching

Other Information on Investing in IFabric Stock

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IFabric Historical Balance Sheet

IFabric Corp Inventory

11.44 Million

About IFabric Balance Sheet Analysis

IFabric Corp Balance Sheet Chart

Total Current Liabilities

Total Stockholder Equity

Accounts Payable

Net Tangible Assets

IFabric Corp balance sheet Correlations

IFabric Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IFabric Corp balance sheet Accounts

Pair Trading with IFabric Corp

Other Information on Investing in IFabric Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.98	Total Assets

Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Non Currrent Assets Other	- 0.77	Total Stockholder Equity
Non Currrent Assets Other	- 0.76	Total Assets
Non Currrent Assets Other	- 0.75	Total Current Assets
Non Currrent Assets Other	- 0.73	Property Plant And Equipment Net