IGM Ebit vs Interest Income Analysis

IGMS Stock  USD 1.35  0.00  0.00%   
IGM Biosciences financial indicator trend analysis is infinitely more than just investigating IGM Biosciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IGM Biosciences is a good investment. Please check the relationship between IGM Biosciences Ebit and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IGM Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.

Ebit vs Interest Income

Ebit vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IGM Biosciences Ebit account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between IGM Biosciences' Ebit and Interest Income is -0.82. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Interest Income in the same time period over historical financial statements of IGM Biosciences, assuming nothing else is changed. The correlation between historical values of IGM Biosciences' Ebit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of IGM Biosciences are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Ebit i.e., IGM Biosciences' Ebit and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Ebit

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from IGM Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IGM Biosciences 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 IGM Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.At this time, IGM Biosciences' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 818.7 K in 2025, whereas Enterprise Value Over EBITDA is likely to drop (1.73) in 2025.
 2022 2023 2024 2025 (projected)
Reconciled Depreciation6.1M8.0M9.2M9.7M
Total Operating Expenses229.0M265.6M305.4M320.7M

IGM Biosciences fundamental ratios Correlations

0.810.88-0.160.950.970.9-0.75-0.850.640.880.920.870.851.00.970.890.640.950.950.830.710.940.881.00.89
0.810.980.190.810.710.97-0.41-0.980.190.60.970.991.00.780.730.960.930.870.730.950.960.640.990.790.95
0.880.980.060.870.790.99-0.54-0.970.340.710.990.990.990.860.810.980.880.930.830.960.930.750.990.870.97
-0.160.190.06-0.06-0.150.050.26-0.2-0.44-0.20.050.070.13-0.18-0.170.140.28-0.05-0.410.150.24-0.260.12-0.180.0
0.950.810.87-0.060.960.91-0.73-0.820.670.840.930.840.840.950.970.90.580.980.880.80.660.950.880.950.92
0.970.710.79-0.150.960.83-0.83-0.750.770.920.850.760.750.980.980.840.480.940.910.750.560.980.80.980.83
0.90.970.990.050.910.83-0.59-0.970.410.751.00.990.980.880.850.990.840.960.850.960.890.791.00.890.99
-0.75-0.41-0.540.26-0.73-0.83-0.590.47-0.92-0.97-0.58-0.49-0.47-0.77-0.75-0.63-0.17-0.75-0.78-0.6-0.26-0.87-0.54-0.77-0.56
-0.85-0.98-0.97-0.2-0.82-0.75-0.970.47-0.24-0.65-0.96-0.98-0.98-0.82-0.78-0.97-0.9-0.88-0.75-0.95-0.94-0.68-0.98-0.83-0.95
0.640.190.34-0.440.670.770.41-0.92-0.240.860.430.280.260.660.720.43-0.110.640.680.35-0.010.830.350.660.44
0.880.60.71-0.20.840.920.75-0.97-0.650.860.750.670.660.890.860.780.370.880.870.750.450.930.710.890.73
0.920.970.990.050.930.851.0-0.58-0.960.430.750.980.980.90.870.980.820.970.850.940.870.810.990.90.99
0.870.990.990.070.840.760.99-0.49-0.980.280.670.981.00.840.780.970.910.910.820.960.950.710.990.850.96
0.851.00.990.130.840.750.98-0.47-0.980.260.660.981.00.830.770.970.920.90.790.960.950.690.990.830.96
1.00.780.86-0.180.950.980.88-0.77-0.820.660.890.90.840.830.970.880.610.950.960.810.680.960.861.00.87
0.970.730.81-0.170.970.980.85-0.75-0.780.720.860.870.780.770.970.840.50.940.90.730.580.960.820.970.87
0.890.960.980.140.90.840.99-0.63-0.970.430.780.980.970.970.880.840.830.960.820.980.880.790.990.880.97
0.640.930.880.280.580.480.84-0.17-0.9-0.110.370.820.910.920.610.50.830.660.570.860.990.40.870.620.78
0.950.870.93-0.050.980.940.96-0.75-0.880.640.880.970.910.90.950.940.960.660.90.90.740.920.940.950.96
0.950.730.83-0.410.880.910.85-0.78-0.750.680.870.850.820.790.960.90.820.570.90.770.640.920.810.960.84
0.830.950.960.150.80.750.96-0.6-0.950.350.750.940.960.960.810.730.980.860.90.770.90.690.970.810.92
0.710.960.930.240.660.560.89-0.26-0.94-0.010.450.870.950.950.680.580.880.990.740.640.90.480.910.680.84
0.940.640.75-0.260.950.980.79-0.87-0.680.830.930.810.710.690.960.960.790.40.920.920.690.480.750.950.8
0.880.990.990.120.880.81.0-0.54-0.980.350.710.990.990.990.860.820.990.870.940.810.970.910.750.860.98
1.00.790.87-0.180.950.980.89-0.77-0.830.660.890.90.850.831.00.970.880.620.950.960.810.680.950.860.88
0.890.950.970.00.920.830.99-0.56-0.950.440.730.990.960.960.870.870.970.780.960.840.920.840.80.980.88
Click cells to compare fundamentals

IGM Biosciences Account Relationship Matchups

IGM Biosciences fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets408.6M298.1M513.5M423.4M486.9M300.2M
Other Current Liab4.0M15.6M27.8M31.5M36.3M38.1M
Total Current Liabilities17.2M27.8M44.7M42.5M48.9M51.3M
Total Stockholder Equity(188.6M)(353.7M)(574.8M)203.2M182.9M192.1M
Net Tangible Assets240.2M381.8M244.9M287.3M330.4M192.1M
Property Plant And Equipment Net34.8M56.3M73.1M74.0M85.1M89.4M
Net Debt(228.8M)(104.6M)(80.1M)(72.0M)(64.8M)(68.1M)
Retained Earnings(188.6M)(353.7M)(574.8M)(821.2M)(739.1M)(702.2M)
Accounts Payable7.9M5.6M2.5M1.3M1.5M1.4M
Cash241.1M133.3M121.2M112.5M129.4M101.6M
Non Current Assets Total35.4M57.4M75.1M75.8M87.2M91.5M
Non Currrent Assets Other548K1.0M2.0M1.8M2.1M2.2M
Other Assets258K548K1.0M2.0M2.3M2.4M
Cash And Short Term Investments366.3M229.5M427.2M337.7M388.3M251.4M
Common Stock Shares Outstanding30.7M33.5M41.5M52.3M60.2M63.2M
Short Term Investments125.2M96.2M305.9M225.2M258.9M147.9M
Liabilities And Stockholders Equity(161.7M)(300.5M)(348.6M)423.4M486.9M511.3M
Non Current Liabilities Total9.6M25.4M181.6M177.7M204.4M214.6M
Capital Surpluse751K347.1M570.0M598.4M688.1M722.5M
Capital Lease Obligations12.2M28.8M41.2M40.5M46.6M48.9M
Other Current Assets14.0M11.2M21.3M9.9M11.4M10.0M
Other Stockholder Equity570.0M598.4M862.4M1.0B1.2B1.2B
Total Liab26.8M53.2M226.2M220.2M253.2M265.9M
Net Invested Capital381.8M244.9M287.3M203.2M233.7M197.4M
Property Plant And Equipment Gross34.8M62.9M85.4M94.6M108.8M114.2M
Total Current Assets373.3M240.7M438.4M347.6M399.7M256.8M
Accumulated Other Comprehensive Income26K(66K)(701K)151K173.7K182.3K
Net Working Capital356.0M213.0M393.7M305.1M350.9M233.1M
Short Term Debt5.3M6.6M11.6M5.8M6.7M5.8M
Common Stock319K325K431K331K380.7K270.0K
Property Plant Equipment18.0M34.8M28.5M73.1M84.0M88.2M
Short Long Term Debt Total12.2M28.8M41.2M40.5M46.6M26.1M
Capital Stock319K325K431K586K673.9K361.0K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for IGM Stock Analysis

When running IGM Biosciences' price analysis, check to measure IGM Biosciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IGM Biosciences is operating at the current time. Most of IGM Biosciences' value examination focuses on studying past and present price action to predict the probability of IGM Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGM Biosciences' price. Additionally, you may evaluate how the addition of IGM Biosciences to your portfolios can decrease your overall portfolio volatility.