Imaflex Book Value Per Share vs Average Payables Analysis

IFX Stock

CAD 1.46 0.02 1.35%

Imaflex financial indicator trend analysis is infinitely more than just investigating Imaflex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imaflex is a good investment. Please check the relationship between Imaflex Book Value Per Share and its Average Payables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imaflex. 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.

Book Value Per Share vs Average Payables

Book Value Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imaflex Book Value Per Share account and Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Imaflex's Book Value Per Share and Average Payables is -0.15. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Imaflex, assuming nothing else is changed. The correlation between historical values of Imaflex's Book Value Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Imaflex are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Book Value Per Share i.e., Imaflex's Book Value Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

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Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Imaflex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imaflex 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 Imaflex. 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.

At this time, Imaflex's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 8.69 in 2024, whereas Tax Provision is likely to drop slightly above 289.4 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	411.4K	449.4K	593.9K	610.3K
Depreciation And Amortization	3.8M	4.1M	4.6M	2.3M

Interest Expense Depreciation And Amortization

Imaflex 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	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	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	Net Receivables	Cash	Current Deferred Revenue	Other Liab	Net Tangible Assets
Total Assets		0.45	0.53	0.27	0.97	0.96	0.07	0.94	0.26	0.95	-0.04	0.35	0.72	-0.66	0.69	0.69	0.64	-0.39	0.61	0.72	0.07	0.7	0.43	0.46	0.6	0.81
Short Long Term Debt Total	0.45		0.27	0.78	0.26	0.37	0.82	0.13	0.65	0.34	-0.13	-0.33	0.72	-0.08	0.54	0.68	0.44	-0.2	0.9	0.52	0.69	0.68	-0.21	0.63	-0.07	0.1
Other Current Liab	0.53	0.27		0.21	0.55	0.35	-0.16	0.49	0.08	0.33	-0.62	0.55	0.76	0.11	0.39	0.78	0.56	-0.57	0.39	0.81	-0.06	0.69	0.6	0.62	0.22	0.6
Total Current Liabilities	0.27	0.78	0.21		0.09	0.13	0.64	-0.04	0.86	0.12	-0.07	-0.29	0.59	0.05	0.1	0.6	0.3	-0.05	0.81	0.49	0.92	0.67	-0.16	0.54	-0.01	-0.05
Total Stockholder Equity	0.97	0.26	0.55	0.09		0.95	-0.14	0.99	0.07	0.93	-0.09	0.5	0.64	-0.63	0.63	0.62	0.57	-0.35	0.44	0.69	-0.1	0.62	0.57	0.37	0.66	0.88
Property Plant And Equipment Net	0.96	0.37	0.35	0.13	0.95		0.09	0.93	0.14	1.0	0.14	0.23	0.57	-0.77	0.7	0.5	0.58	-0.37	0.52	0.52	0.0	0.51	0.3	0.35	0.67	0.78
Net Debt	0.07	0.82	-0.16	0.64	-0.14	0.09		-0.24	0.6	0.09	0.23	-0.81	0.31	-0.1	0.36	0.24	0.29	-0.12	0.69	0.0	0.66	0.28	-0.73	0.32	-0.21	-0.28
Retained Earnings	0.94	0.13	0.49	-0.04	0.99	0.93	-0.24		-0.05	0.92	-0.04	0.55	0.53	-0.65	0.58	0.52	0.5	-0.31	0.32	0.61	-0.2	0.52	0.59	0.27	0.7	0.89
Accounts Payable	0.26	0.65	0.08	0.86	0.07	0.14	0.6	-0.05		0.15	0.11	-0.36	0.47	-0.11	0.22	0.49	0.29	-0.15	0.77	0.37	0.67	0.56	-0.25	0.43	-0.01	-0.08
Non Current Assets Total	0.95	0.34	0.33	0.12	0.93	1.0	0.09	0.92	0.15		0.19	0.2	0.54	-0.8	0.7	0.48	0.58	-0.39	0.51	0.48	-0.02	0.49	0.27	0.33	0.67	0.76
Non Currrent Assets Other	-0.04	-0.13	-0.62	-0.07	-0.09	0.14	0.23	-0.04	0.11	0.19		-0.52	-0.47	-0.58	0.02	-0.48	-0.03	0.01	-0.04	-0.54	0.05	-0.39	-0.55	-0.33	0.17	-0.19
Cash And Short Term Investments	0.35	-0.33	0.55	-0.29	0.5	0.23	-0.81	0.55	-0.36	0.2	-0.52		0.21	0.07	-0.02	0.29	-0.02	-0.06	-0.23	0.53	-0.43	0.22	0.99	0.09	0.27	0.58
Common Stock Shares Outstanding	0.72	0.72	0.76	0.59	0.64	0.57	0.31	0.53	0.47	0.54	-0.47	0.21		-0.05	0.63	0.95	0.67	-0.33	0.82	0.9	0.34	0.91	0.33	0.81	0.29	0.6
Short Term Investments	-0.66	-0.08	0.11	0.05	-0.63	-0.77	-0.1	-0.65	-0.11	-0.8	-0.58	0.07	-0.05		-0.39	-0.01	-0.4	0.33	-0.19	0.0	0.09	-0.08	0.06	0.09	-0.41	-0.34
Non Current Liabilities Total	0.69	0.54	0.39	0.1	0.63	0.7	0.36	0.58	0.22	0.7	0.02	-0.02	0.63	-0.39		0.6	0.57	-0.48	0.67	0.49	-0.12	0.53	0.04	0.55	0.44	0.67
Inventory	0.69	0.68	0.78	0.6	0.62	0.5	0.24	0.52	0.49	0.48	-0.48	0.29	0.95	-0.01	0.6		0.61	-0.31	0.8	0.96	0.33	0.97	0.4	0.73	0.28	0.62
Other Current Assets	0.64	0.44	0.56	0.3	0.57	0.58	0.29	0.5	0.29	0.58	-0.03	-0.02	0.67	-0.4	0.57	0.61		-0.48	0.56	0.51	0.07	0.56	0.05	0.52	0.31	0.44
Other Stockholder Equity	-0.39	-0.2	-0.57	-0.05	-0.35	-0.37	-0.12	-0.31	-0.15	-0.39	0.01	-0.06	-0.33	0.33	-0.48	-0.31	-0.48		-0.32	-0.23	0.16	-0.24	-0.04	-0.38	-0.16	-0.3
Total Liab	0.61	0.9	0.39	0.81	0.44	0.52	0.69	0.32	0.77	0.51	-0.04	-0.23	0.82	-0.19	0.67	0.8	0.56	-0.32		0.66	0.62	0.82	-0.1	0.73	0.25	0.36
Total Current Assets	0.72	0.52	0.81	0.49	0.69	0.52	0.0	0.61	0.37	0.48	-0.54	0.53	0.9	0.0	0.49	0.96	0.51	-0.23	0.66		0.23	0.94	0.63	0.66	0.34	0.7
Short Term Debt	0.07	0.69	-0.06	0.92	-0.1	0.0	0.66	-0.2	0.67	-0.02	0.05	-0.43	0.34	0.09	-0.12	0.33	0.07	0.16	0.62	0.23		0.43	-0.32	0.3	-0.08	-0.24
Net Receivables	0.7	0.68	0.69	0.67	0.62	0.51	0.28	0.52	0.56	0.49	-0.39	0.22	0.91	-0.08	0.53	0.97	0.56	-0.24	0.82	0.94	0.43		0.34	0.66	0.32	0.59
Cash	0.43	-0.21	0.6	-0.16	0.57	0.3	-0.73	0.59	-0.25	0.27	-0.55	0.99	0.33	0.06	0.04	0.4	0.05	-0.04	-0.1	0.63	-0.32	0.34		0.19	0.28	0.61
Current Deferred Revenue	0.46	0.63	0.62	0.54	0.37	0.35	0.32	0.27	0.43	0.33	-0.33	0.09	0.81	0.09	0.55	0.73	0.52	-0.38	0.73	0.66	0.3	0.66	0.19		0.21	0.39
Other Liab	0.6	-0.07	0.22	-0.01	0.66	0.67	-0.21	0.7	-0.01	0.67	0.17	0.27	0.29	-0.41	0.44	0.28	0.31	-0.16	0.25	0.34	-0.08	0.32	0.28	0.21		0.8
Net Tangible Assets	0.81	0.1	0.6	-0.05	0.88	0.78	-0.28	0.89	-0.08	0.76	-0.19	0.58	0.6	-0.34	0.67	0.62	0.44	-0.3	0.36	0.7	-0.24	0.59	0.61	0.39	0.8

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Imaflex Account Relationship Matchups

Imaflex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.4M	54.1M	65.0M	72.0M	83.5M	87.7M
Short Long Term Debt Total	16.4M	9.8M	9.6M	8.0M	11.4M	10.9M
Other Current Liab	1.9M	3.2M	3.3M	3.3M	2.1M	1.4M
Total Current Liabilities	13.6M	9.8M	14.3M	11.8M	14.4M	12.9M
Total Stockholder Equity	29.7M	36.0M	45.1M	55.1M	55.9M	58.7M
Property Plant And Equipment Net	28.6M	25.9M	24.5M	37.8M	47.8M	50.2M
Net Debt	16.4M	6.6M	1.1M	502.8K	10.6M	9.7M
Retained Earnings	15.6M	21.9M	30.3M	39.4M	39.9M	41.9M
Accounts Payable	4.1M	3.9M	5.6M	3.4M	6.4M	5.6M
Non Current Assets Total	29.8M	27.4M	26.3M	40.0M	55.1M	57.8M
Non Currrent Assets Other	(2.2M)	(1.5M)	(3.3M)	(3.4M)	1.8M	1.8M
Cash And Short Term Investments	60.9K	3.2M	8.5M	7.5M	799.1K	1.5M
Common Stock Shares Outstanding	50.7M	50.7M	51.6M	51.9M	52.0M	45.7M
Liabilities And Stockholders Equity	53.4M	54.1M	65.0M	72.0M	83.5M	87.7M
Non Current Liabilities Total	10.1M	8.3M	5.6M	5.1M	13.2M	6.7M
Inventory	11.8M	11.7M	14.9M	12.2M	13.2M	8.7M
Other Current Assets	236.5K	238.9K	204.8K	235.6K	343.2K	360.3K
Other Stockholder Equity	1.6M	1.7M	2.2M	3.1M	1.0	0.95
Total Liab	23.7M	18.1M	19.9M	16.8M	27.6M	19.7M
Total Current Assets	23.6M	26.6M	38.7M	32.0M	28.4M	20.2M
Short Term Debt	7.6M	2.7M	5.3M	5.1M	5.9M	5.9M
Net Receivables	11.5M	11.5M	15.1M	12.1M	14.1M	10.5M
Cash	60.9K	3.2M	8.5M	7.5M	799.1K	1.5M
Accumulated Other Comprehensive Income	597.6K	484.6K	2.2M	3.1M	3.0M	3.1M
Other Liab	1.2M	1.2M	1.4M	2.1M	2.4M	1.5M
Net Tangible Assets	28.5M	34.4M	43.3M	52.9M	60.9M	30.7M
Good Will	487.6K	478.0K	476.0K	508.5K	496.6K	528.9K
Short Long Term Debt	6.5M	1.9M	4.5M	4.2M	4.2M	4.2M
Intangible Assets	732.2K	1.1M	1.3M	1.7M	1.8M	1.2M
Property Plant Equipment	28.6M	25.9M	24.5M	37.8M	43.4M	25.1M
Long Term Debt	6.4M	5.5M	3.5M	1.7M	1.6M	1.5M
Capital Lease Obligations	3.5M	2.4M	1.6M	2.1M	7.2M	7.6M
Net Invested Capital	42.6M	43.4M	53.1M	61.0M	60.1M	52.7M
Net Working Capital	10.0M	16.8M	24.4M	20.3M	14.0M	16.6M

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