Imaflex Cash vs Cash And Short Term Investments 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 Cash and its Cash And Short Term Investments 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.

Cash vs Cash And Short Term Investments

Cash vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imaflex Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.

The correlation between Imaflex's Cash and Cash And Short Term Investments is 0.99. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Imaflex, assuming nothing else is changed. The correlation between historical values of Imaflex's Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Imaflex are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Imaflex's Cash and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cash

Cash refers to the most liquid asset of Imaflex, which is listed under current asset account on Imaflex balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Imaflex customers. The amounts must be unrestricted with restricted cash listed in a different Imaflex account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Imaflex balance sheet. This account contains Imaflex investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Imaflex fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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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