Industrial Total Current Assets vs Short Long Term Debt Total Analysis

IITL Stock   376.50  3.95  1.04%   
Industrial Investment financial indicator trend analysis is infinitely more than just investigating Industrial Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Investment is a good investment. Please check the relationship between Industrial Investment Total Current Assets and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Investment Trust. 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.

Total Current Assets vs Short Long Term Debt Total

Total Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrial Investment Total Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Industrial Investment's Total Current Assets and Short Long Term Debt Total is 0.42. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Industrial Investment Trust, assuming nothing else is changed. The correlation between historical values of Industrial Investment's Total Current Assets and Short Long Term Debt Total 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 Current Assets of Industrial Investment Trust are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Industrial Investment's Total Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Long Term Debt Total

Most indicators from Industrial Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Investment 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 Industrial Investment Trust. 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.
Tax Provision is likely to gain to about 54 M in 2024, whereas Selling General Administrative is likely to drop slightly above 25.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue30.9M171.0M364.9M346.6M
Interest Expense3.5K1.4M770.6K732.1K

Industrial Investment fundamental ratios Correlations

0.320.460.940.750.850.030.380.940.420.520.770.370.960.40.30.960.910.430.950.870.550.440.840.580.52
0.320.180.54-0.20.230.770.140.2-0.09-0.090.33-0.460.460.48-0.50.490.42-0.470.350.640.25-0.110.520.420.54
0.460.180.50.340.14-0.060.330.350.40.360.840.010.460.520.010.480.530.070.50.560.470.30.250.070.47
0.940.540.50.580.780.180.440.850.450.450.780.160.970.440.10.980.90.230.930.960.590.370.890.630.62
0.75-0.20.340.580.57-0.470.470.750.460.560.510.790.590.130.810.590.640.850.610.50.350.420.430.250.11
0.850.230.140.780.570.21-0.020.870.190.390.470.450.850.140.280.840.680.420.860.620.340.450.840.640.22
0.030.77-0.060.18-0.470.21-0.530.04-0.48-0.32-0.01-0.360.210.27-0.540.20.02-0.510.160.180.03-0.140.330.30.13
0.380.140.330.440.47-0.02-0.530.210.630.370.45-0.040.290.220.170.330.530.170.220.570.280.070.180.10.52
0.940.20.350.850.750.870.040.210.190.30.620.50.910.230.390.90.730.530.910.730.470.260.840.610.33
0.42-0.090.40.450.460.19-0.480.630.190.860.520.090.370.160.190.390.630.250.370.470.290.740.210.120.38
0.52-0.090.360.450.560.39-0.320.370.30.860.550.320.440.340.320.450.710.390.480.410.290.950.210.080.25
0.770.330.840.780.510.47-0.010.450.620.520.550.040.780.740.030.790.840.10.810.820.730.470.520.180.72
0.37-0.460.010.160.790.45-0.36-0.040.50.090.320.040.22-0.20.950.20.160.960.28-0.02-0.030.320.140.1-0.48
0.960.460.460.970.590.850.210.290.910.370.440.780.220.440.111.00.870.250.980.90.570.410.910.640.59
0.40.480.520.440.130.140.270.220.230.160.340.74-0.20.44-0.20.450.55-0.220.470.530.690.290.11-0.230.61
0.3-0.50.010.10.810.28-0.540.170.390.190.320.030.950.11-0.20.110.130.970.16-0.020.060.250.01-0.07-0.45
0.960.490.480.980.590.840.20.330.90.390.450.790.21.00.450.110.880.240.970.920.580.40.910.640.6
0.910.420.530.90.640.680.020.530.730.630.710.840.160.870.550.130.880.240.840.90.580.60.70.450.67
0.43-0.470.070.230.850.42-0.510.170.530.250.390.10.960.25-0.220.970.240.240.30.070.020.320.160.12-0.42
0.950.350.50.930.610.860.160.220.910.370.480.810.280.980.470.160.970.840.30.840.610.480.850.550.53
0.870.640.560.960.50.620.180.570.730.470.410.82-0.020.90.53-0.020.920.90.070.840.620.290.80.550.76
0.550.250.470.590.350.340.030.280.470.290.290.73-0.030.570.690.060.580.580.020.610.620.240.32-0.190.59
0.44-0.110.30.370.420.45-0.140.070.260.740.950.470.320.410.290.250.40.60.320.480.290.240.20.080.12
0.840.520.250.890.430.840.330.180.840.210.210.520.140.910.110.010.910.70.160.850.80.320.20.860.48
0.580.420.070.630.250.640.30.10.610.120.080.180.10.64-0.23-0.070.640.450.120.550.55-0.190.080.860.25
0.520.540.470.620.110.220.130.520.330.380.250.72-0.480.590.61-0.450.60.67-0.420.530.760.590.120.480.25
Click cells to compare fundamentals

Industrial Investment Account Relationship Matchups

Industrial Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.3B3.5B3.8B4.4B6.9B
Short Long Term Debt Total5.2M16.1M11.2M995.0K22.0M20.9M
Other Current Liab342.7M444.2M284.7M(210.0)2.5M2.4M
Total Current Liabilities350.4M462.1M367.6M4.6M19.1M18.1M
Total Stockholder Equity3.4B3.0B3.3B3.7B4.4B3.4B
Property Plant And Equipment Net53.9M61.4M55.4M44.0M60.6M63.2M
Net Debt(224.6M)6.8M2.2M(28.5M)12.0M12.6M
Cash229.9M9.3M9.0M29.4M9.9M9.4M
Non Current Assets Total3.3B2.9B888.7M3.6B2.8B4.0B
Non Currrent Assets Other377.6K281.6M2.6B274.3M1.6M1.5M
Cash And Short Term Investments229.9M235.7M2.5B221.1M807.7M897.0M
Net Receivables(1.8M)(1.1M)(4.4M)(42.6M)38.7M36.7M
Liabilities And Stockholders Equity3.6B3.3B3.5B3.8B4.4B6.9B
Non Current Liabilities Total31.7M40.3M(17.2M)243.4M48.6M46.2M
Other Current Assets92.3M66.6M47.0M67.9M150.5M151.7M
Total Liab382.1M502.4M350.4M248.0M67.6M64.3M
Total Current Assets365.4M350.5M2.6B271.2M1.6B2.9B
Accumulated Other Comprehensive Income(28.6M)515.8M517.1M603.3M705.3M740.6M
Good Will64.5M64.0M61.9M816.9K870K826.5K
Accounts Payable7.7M6.8M29.7M4.6M3.7M3.5M
Short Term Investments(48.4M)226.4M2.5B191.6M550.8M608.1M
Intangible Assets81.5K16.3K52.7K28K8K7.6K
Retained Earnings(1.8B)(2.2B)(1.9B)(1.6B)(1.0B)(1.1B)
Other Liab41.0M35.4M24.7M16.9M15.2M14.5M
Net Tangible Assets3.4B3.0B3.3B3.7B4.3B3.3B
Other Assets64.7M325.0K63.3M340.8K4.4B4.6B
Property Plant Equipment53.9M61.4M55.4M44.0M39.6M65.0M
Non Current Liabilities Other15.8M29.2M18.8M11.0M11.7M11.1M
Cash And Equivalents11.2M1.2M2.1M22.7M26.1M27.4M
Net Invested Capital3.4B3.0B3.3B3.7B4.4B3.1B
Net Working Capital10.8M337.4M2.6B266.6M678.0M735.8M

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