IKT Stock | | | USD 2.34 0.03 1.30% |
Inhibikase Therapeutics financial indicator trend analysis is infinitely more than just investigating Inhibikase Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inhibikase Therapeutics is a good investment. Please check the relationship between Inhibikase Therapeutics Current Deferred Revenue and its Revenue Per Share accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inhibikase Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy Inhibikase Stock please use our
How to Invest in Inhibikase Therapeutics guide.
Current Deferred Revenue vs Revenue Per Share
Current Deferred Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inhibikase Therapeutics Current Deferred Revenue account and
Revenue Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Inhibikase Therapeutics' Current Deferred Revenue and Revenue Per Share is -0.47. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Inhibikase Therapeutics, assuming nothing else is changed. The correlation between historical values of Inhibikase Therapeutics' Current Deferred Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Inhibikase Therapeutics are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Current Deferred Revenue i.e., Inhibikase Therapeutics' Current Deferred Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Inhibikase Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inhibikase Therapeutics 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 Inhibikase Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
For more information on how to buy Inhibikase Stock please use our
How to Invest in Inhibikase Therapeutics guide.At this time, Inhibikase Therapeutics'
Issuance Of Capital Stock is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 0.09 in 2024, despite the fact that
Enterprise Value is likely to grow to (1.9
M).
Inhibikase Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Inhibikase Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inhibikase Therapeutics fundamental ratios Accounts
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Additional Tools for Inhibikase Stock Analysis
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