IGM Total Stockholder Equity vs Current Deferred Revenue Analysis

IGMS Stock

USD 9.40 0.51 5.74%

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 Total Stockholder Equity and its Current Deferred Revenue 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.

Total Stockholder Equity vs Current Deferred Revenue

Total Stockholder Equity vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IGM Biosciences Total Stockholder Equity account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between IGM Biosciences' Total Stockholder Equity and Current Deferred Revenue is -0.74. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Current Deferred Revenue 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' Total Stockholder Equity and Current Deferred Revenue 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 Stockholder Equity of IGM Biosciences are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Stockholder Equity i.e., IGM Biosciences' Total Stockholder Equity and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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' Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 152.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (1.50) in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	4.5M	6.1M	8.0M	8.4M
Total Operating Expenses	165.3M	229.0M	265.6M	278.9M

Reconciled Depreciation Total Operating Expenses

IGM Biosciences fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other
Total Assets		0.79	0.92	-0.34	0.95	0.97	0.94	-0.79	-0.8	0.7	0.88	0.95	0.89	0.82	1.0	0.96	0.94	0.56	0.95	0.97	0.81	0.65	0.95	0.88	1.0	0.87
Other Current Liab	0.79		0.9	0.01	0.8	0.69	0.89	-0.44	-0.99	0.23	0.57	0.88	0.91	1.0	0.76	0.72	0.87	0.9	0.87	0.75	0.93	0.94	0.63	0.98	0.77	0.96
Total Current Liabilities	0.92	0.9		-0.3	0.84	0.83	0.99	-0.6	-0.89	0.46	0.72	0.98	0.99	0.91	0.89	0.86	0.97	0.75	0.89	0.89	0.88	0.82	0.77	0.93	0.9	0.92
Total Stockholder Equity	-0.34	0.01	-0.3		-0.16	-0.27	-0.3	0.3	-0.09	-0.46	-0.31	-0.3	-0.3	0.02	-0.35	-0.29	-0.22	0.12	-0.15	-0.53	-0.03	0.07	-0.37	-0.07	-0.35	-0.11
Other Liab	0.95	0.8	0.84	-0.16		0.96	0.88	-0.74	-0.82	0.69	0.83	0.91	0.8	0.82	0.94	0.96	0.89	0.52	0.98	0.87	0.78	0.62	0.94	0.89	0.94	0.91
Net Tangible Assets	0.97	0.69	0.83	-0.27	0.96		0.88	-0.85	-0.72	0.8	0.91	0.9	0.79	0.72	0.97	0.98	0.91	0.4	0.94	0.9	0.73	0.5	0.98	0.8	0.97	0.82
Property Plant And Equipment Net	0.94	0.89	0.99	-0.3	0.88	0.88		-0.66	-0.88	0.55	0.78	0.99	0.98	0.89	0.92	0.91	0.99	0.68	0.93	0.91	0.89	0.76	0.83	0.94	0.92	0.94
Net Debt	-0.79	-0.44	-0.6	0.3	-0.74	-0.85	-0.66		0.48	-0.92	-0.98	-0.65	-0.53	-0.49	-0.8	-0.76	-0.73	-0.15	-0.77	-0.78	-0.66	-0.25	-0.87	-0.59	-0.8	-0.58
Retained Earnings	-0.8	-0.99	-0.89	-0.09	-0.82	-0.72	-0.88	0.48		-0.25	-0.6	-0.88	-0.89	-0.99	-0.77	-0.74	-0.88	-0.88	-0.89	-0.73	-0.94	-0.93	-0.64	-0.98	-0.78	-0.95
Accounts Payable	0.7	0.23	0.46	-0.46	0.69	0.8	0.55	-0.92	-0.25		0.89	0.56	0.39	0.27	0.72	0.75	0.59	-0.14	0.66	0.7	0.41	-0.02	0.86	0.41	0.72	0.45
Cash	0.88	0.57	0.72	-0.31	0.83	0.91	0.78	-0.98	-0.6	0.89		0.77	0.67	0.62	0.88	0.85	0.83	0.28	0.86	0.86	0.75	0.39	0.92	0.71	0.89	0.7
Non Current Assets Total	0.95	0.88	0.98	-0.3	0.91	0.9	0.99	-0.65	-0.88	0.56	0.77		0.96	0.89	0.93	0.94	0.98	0.66	0.94	0.91	0.85	0.74	0.85	0.93	0.94	0.94
Non Currrent Assets Other	0.89	0.91	0.99	-0.3	0.8	0.79	0.98	-0.53	-0.89	0.39	0.67	0.96		0.91	0.86	0.82	0.95	0.78	0.85	0.88	0.88	0.84	0.72	0.92	0.87	0.9
Other Assets	0.82	1.0	0.91	0.02	0.82	0.72	0.89	-0.49	-0.99	0.27	0.62	0.89	0.91		0.79	0.74	0.88	0.89	0.89	0.77	0.95	0.94	0.66	0.99	0.8	0.96
Cash And Short Term Investments	1.0	0.76	0.89	-0.35	0.94	0.97	0.92	-0.8	-0.77	0.72	0.88	0.93	0.86	0.79		0.96	0.92	0.54	0.94	0.96	0.79	0.63	0.96	0.85	1.0	0.85
Common Stock Total Equity	0.96	0.72	0.86	-0.29	0.96	0.98	0.91	-0.76	-0.74	0.75	0.85	0.94	0.82	0.74	0.96		0.91	0.42	0.93	0.89	0.72	0.52	0.96	0.82	0.96	0.86
Common Stock Shares Outstanding	0.94	0.87	0.97	-0.22	0.89	0.91	0.99	-0.73	-0.88	0.59	0.83	0.98	0.95	0.88	0.92	0.91		0.65	0.94	0.89	0.9	0.73	0.84	0.93	0.93	0.92
Non Current Liabilities Total	0.56	0.9	0.75	0.12	0.52	0.4	0.68	-0.15	-0.88	-0.14	0.28	0.66	0.78	0.89	0.54	0.42	0.65		0.61	0.55	0.8	0.99	0.32	0.81	0.54	0.74
Capital Surpluse	0.95	0.87	0.89	-0.15	0.98	0.94	0.93	-0.77	-0.89	0.66	0.86	0.94	0.85	0.89	0.94	0.93	0.94	0.61		0.89	0.89	0.7	0.91	0.95	0.94	0.96
Other Current Assets	0.97	0.75	0.89	-0.53	0.87	0.9	0.91	-0.78	-0.73	0.7	0.86	0.91	0.88	0.77	0.96	0.89	0.89	0.55	0.89		0.79	0.63	0.92	0.83	0.97	0.83
Other Stockholder Equity	0.81	0.93	0.88	-0.03	0.78	0.73	0.89	-0.66	-0.94	0.41	0.75	0.85	0.88	0.95	0.79	0.72	0.9	0.8	0.89	0.79		0.86	0.68	0.95	0.8	0.91
Total Liab	0.65	0.94	0.82	0.07	0.62	0.5	0.76	-0.25	-0.93	-0.02	0.39	0.74	0.84	0.94	0.63	0.52	0.73	0.99	0.7	0.63	0.86		0.43	0.88	0.63	0.81
Net Invested Capital	0.95	0.63	0.77	-0.37	0.94	0.98	0.83	-0.87	-0.64	0.86	0.92	0.85	0.72	0.66	0.96	0.96	0.84	0.32	0.91	0.92	0.68	0.43		0.76	0.96	0.78
Property Plant And Equipment Gross	0.88	0.98	0.93	-0.07	0.89	0.8	0.94	-0.59	-0.98	0.41	0.71	0.93	0.92	0.99	0.85	0.82	0.93	0.81	0.95	0.83	0.95	0.88	0.76		0.86	0.99
Total Current Assets	1.0	0.77	0.9	-0.35	0.94	0.97	0.92	-0.8	-0.78	0.72	0.89	0.94	0.87	0.8	1.0	0.96	0.93	0.54	0.94	0.97	0.8	0.63	0.96	0.86		0.85
Non Current Liabilities Other	0.87	0.96	0.92	-0.11	0.91	0.82	0.94	-0.58	-0.95	0.45	0.7	0.94	0.9	0.96	0.85	0.86	0.92	0.74	0.96	0.83	0.91	0.81	0.78	0.99	0.85

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IGM Biosciences Account Relationship Matchups

IGM Biosciences fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	261.4M	408.6M	298.1M	513.5M	423.4M	300.2M
Other Current Liab	3.3M	4.0M	15.6M	27.8M	31.5M	33.1M
Total Current Liabilities	8.9M	17.2M	27.8M	44.7M	42.5M	23.7M
Total Stockholder Equity	(107.2M)	(188.6M)	(353.7M)	(574.8M)	203.2M	213.4M
Net Tangible Assets	240.2M	381.8M	244.9M	287.3M	330.4M	192.1M
Property Plant And Equipment Net	18.0M	34.8M	56.3M	73.1M	74.0M	40.6M
Net Debt	(21.2M)	(228.8M)	(104.6M)	(80.1M)	(72.0M)	(75.6M)
Retained Earnings	(107.2M)	(188.6M)	(353.7M)	(574.8M)	(821.2M)	(780.2M)
Accounts Payable	3.1M	7.9M	5.6M	2.5M	1.3M	1.3M
Cash	35.9M	241.1M	133.3M	121.2M	112.5M	101.6M
Non Current Assets Total	30.3M	35.4M	57.4M	75.1M	75.8M	43.4M
Non Currrent Assets Other	258K	548K	1.0M	2.0M	1.8M	913.3K
Other Assets	258K	548K	1.0M	2.0M	2.3M	2.4M
Cash And Short Term Investments	236.6M	366.3M	229.5M	427.2M	337.7M	251.4M
Common Stock Shares Outstanding	9.0M	30.7M	33.5M	41.5M	52.3M	26.4M
Short Term Investments	188.7M	125.2M	96.2M	305.9M	225.2M	147.9M
Liabilities And Stockholders Equity	(86.1M)	(161.7M)	(300.5M)	(348.6M)	423.4M	444.6M
Non Current Liabilities Total	12.2M	9.6M	25.4M	181.6M	177.7M	186.6M
Capital Surpluse	751K	347.1M	570.0M	598.4M	688.1M	722.5M
Capital Lease Obligations	14.7M	12.2M	28.8M	41.2M	40.5M	21.6M
Other Current Assets	6.4M	14.0M	11.2M	21.3M	9.9M	10.0M
Other Stockholder Equity	(261.7M)	570.0M	598.4M	862.4M	1.0B	1.1B
Total Liab	21.1M	26.8M	53.2M	226.2M	220.2M	231.2M
Net Invested Capital	240.2M	381.8M	244.9M	287.3M	203.2M	197.4M
Property Plant And Equipment Gross	18.0M	34.8M	62.9M	85.4M	94.6M	99.3M
Total Current Assets	231.1M	373.3M	240.7M	438.4M	347.6M	256.8M
Accumulated Other Comprehensive Income	43K	26K	(66K)	(701K)	151K	158.6K
Net Working Capital	222.2M	356.0M	213.0M	393.7M	305.1M	233.1M
Short Term Debt	2.5M	5.3M	6.6M	11.6M	5.8M	5.8M
Common Stock	304K	319K	325K	431K	331K	270.0K
Property Plant Equipment	18.0M	34.8M	28.5M	73.1M	84.0M	88.2M
Short Long Term Debt Total	14.7M	12.2M	28.8M	41.2M	40.5M	26.1M
Capital Stock	304K	319K	325K	431K	586K	361.0K

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