Immuron Other Current Liab vs Net Receivables Analysis

IMC Stock

0.08 0 1.32%

Immuron financial indicator trend analysis is infinitely more than just investigating Immuron recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immuron is a good investment. Please check the relationship between Immuron Other Current Liab and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immuron. 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.

Other Current Liab vs Net Receivables

Other Current Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immuron Other Current Liab account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Immuron's Other Current Liab and Net Receivables is 0.65. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Immuron, assuming nothing else is changed. The correlation between historical values of Immuron's Other Current Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Immuron are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., Immuron's Other Current Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Liab

Net Receivables

Most indicators from Immuron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immuron 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 Immuron. 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.

Selling General Administrative is likely to drop to about 2.8 M in 2024. Issuance Of Capital Stock is likely to drop to about 22.8 K in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	26.6K	48.7K	46.0K	43.7K
Total Revenue	765.2K	1.8M	4.9M	5.1M

Depreciation And Amortization Total Revenue

Immuron fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets
Common Stock Shares Outstanding		0.76	0.53	0.37	0.75	-0.26	0.79	0.68	0.1	0.22	-0.22	0.26	0.98	0.78	-0.28	0.92	-0.79	-0.95	0.12	0.8	0.7	-0.55	0.93	0.4	0.06	0.72
Total Assets	0.76		0.31	0.23	0.99	-0.22	0.96	0.31	0.25	-0.07	-0.15	0.14	0.78	0.63	-0.13	0.63	-0.96	-0.68	0.21	0.64	0.98	-0.23	0.57	0.35	0.23	0.99
Other Current Liab	0.53	0.31		0.89	0.24	0.28	0.31	0.65	-0.33	0.67	0.42	0.78	0.56	0.43	-0.21	0.49	-0.26	-0.58	-0.21	0.11	0.18	-0.52	0.58	0.2	-0.01	0.32
Total Current Liabilities	0.37	0.23	0.89		0.12	0.64	0.2	0.46	-0.53	0.74	0.54	0.95	0.45	0.41	-0.35	0.4	-0.14	-0.49	-0.32	-0.1	0.08	-0.56	0.45	0.26	-0.18	0.24
Total Stockholder Equity	0.75	0.99	0.24	0.12		-0.32	0.96	0.29	0.32	-0.14	-0.22	0.02	0.76	0.61	-0.08	0.61	-0.97	-0.65	0.25	0.69	0.99	-0.17	0.56	0.32	0.27	0.98
Accounts Payable	-0.26	-0.22	0.28	0.64	-0.32		-0.24	-0.1	-0.7	0.39	0.56	0.75	-0.13	-0.01	-0.43	-0.12	0.29	0.06	-0.46	-0.6	-0.3	-0.36	-0.12	0.25	-0.47	-0.21
Cash	0.79	0.96	0.31	0.2	0.96	-0.24		0.43	0.17	-0.11	-0.3	0.14	0.83	0.67	-0.17	0.69	-1.0	-0.71	0.23	0.68	0.96	-0.32	0.62	0.34	0.21	0.95
Net Receivables	0.68	0.31	0.65	0.46	0.29	-0.1	0.43		-0.27	0.35	-0.27	0.39	0.7	0.71	-0.18	0.69	-0.42	-0.71	-0.05	0.4	0.27	-0.63	0.71	0.08	0.08	0.29
Short Term Investments	0.1	0.25	-0.33	-0.53	0.32	-0.7	0.17	-0.27		-0.56	-0.31	-0.61	-0.06	0.03	0.7	-0.18	-0.2	0.15	0.6	0.39	0.33	0.72	-0.15	-0.37	0.69	0.25
Inventory	0.22	-0.07	0.67	0.74	-0.14	0.39	-0.11	0.35	-0.56		0.57	0.62	0.25	0.14	-0.3	0.3	0.14	-0.33	-0.47	-0.07	-0.22	-0.45	0.39	0.18	-0.27	-0.05
Other Current Assets	-0.22	-0.15	0.42	0.54	-0.22	0.56	-0.3	-0.27	-0.31	0.57		0.44	-0.19	-0.31	-0.23	-0.2	0.33	0.14	-0.59	-0.5	-0.31	-0.05	-0.08	0.28	-0.36	-0.13
Total Liab	0.26	0.14	0.78	0.95	0.02	0.75	0.14	0.39	-0.61	0.62	0.44		0.37	0.38	-0.39	0.34	-0.08	-0.42	-0.27	-0.2	0.02	-0.58	0.34	0.24	-0.23	0.14
Common Stock	0.98	0.78	0.56	0.45	0.76	-0.13	0.83	0.7	-0.06	0.25	-0.19	0.37		0.78	-0.42	0.96	-0.82	-0.98	0.02	0.71	0.71	-0.67	0.94	0.51	-0.06	0.74
Property Plant Equipment	0.78	0.63	0.43	0.41	0.61	-0.01	0.67	0.71	0.03	0.14	-0.31	0.38	0.78		-0.06	0.66	-0.66	-0.74	0.31	0.62	0.61	-0.41	0.64	0.06	0.27	0.62
Property Plant And Equipment Net	-0.28	-0.13	-0.21	-0.35	-0.08	-0.43	-0.17	-0.18	0.7	-0.3	-0.23	-0.39	-0.42	-0.06		-0.56	0.15	0.51	0.59	-0.01	-0.02	0.86	-0.53	-0.87	0.91	-0.07
Current Deferred Revenue	0.92	0.63	0.49	0.4	0.61	-0.12	0.69	0.69	-0.18	0.3	-0.2	0.34	0.96	0.66	-0.56		-0.68	-0.98	-0.1	0.63	0.55	-0.77	0.97	0.62	-0.24	0.57
Net Debt	-0.79	-0.96	-0.26	-0.14	-0.97	0.29	-1.0	-0.42	-0.2	0.14	0.33	-0.08	-0.82	-0.66	0.15	-0.68		0.7	-0.24	-0.7	-0.97	0.3	-0.61	-0.33	-0.22	-0.95
Retained Earnings	-0.95	-0.68	-0.58	-0.49	-0.65	0.06	-0.71	-0.71	0.15	-0.33	0.14	-0.42	-0.98	-0.74	0.51	-0.98	0.7		0.07	-0.66	-0.58	0.75	-0.98	-0.57	0.18	-0.62
Non Current Assets Total	0.12	0.21	-0.21	-0.32	0.25	-0.46	0.23	-0.05	0.6	-0.47	-0.59	-0.27	0.02	0.31	0.59	-0.1	-0.24	0.07		0.49	0.33	0.45	-0.17	-0.57	0.7	0.22
Non Currrent Assets Other	0.8	0.64	0.11	-0.1	0.69	-0.6	0.68	0.4	0.39	-0.07	-0.5	-0.2	0.71	0.62	-0.01	0.63	-0.7	-0.66	0.49		0.66	-0.18	0.64	0.09	0.26	0.61
Cash And Short Term Investments	0.7	0.98	0.18	0.08	0.99	-0.3	0.96	0.27	0.33	-0.22	-0.31	0.02	0.71	0.61	-0.02	0.55	-0.97	-0.58	0.33	0.66		-0.12	0.47	0.23	0.34	0.98
Good Will	-0.55	-0.23	-0.52	-0.56	-0.17	-0.36	-0.32	-0.63	0.72	-0.45	-0.05	-0.58	-0.67	-0.41	0.86	-0.77	0.3	0.75	0.45	-0.18	-0.12		-0.75	-0.68	0.66	-0.18
Common Stock Total Equity	0.93	0.57	0.58	0.45	0.56	-0.12	0.62	0.71	-0.15	0.39	-0.08	0.34	0.94	0.64	-0.53	0.97	-0.61	-0.98	-0.17	0.64	0.47	-0.75		0.6	-0.25	0.52
Other Stockholder Equity	0.4	0.35	0.2	0.26	0.32	0.25	0.34	0.08	-0.37	0.18	0.28	0.24	0.51	0.06	-0.87	0.62	-0.33	-0.57	-0.57	0.09	0.23	-0.68	0.6		-0.77	0.29
Property Plant And Equipment Gross	0.06	0.23	-0.01	-0.18	0.27	-0.47	0.21	0.08	0.69	-0.27	-0.36	-0.23	-0.06	0.27	0.91	-0.24	-0.22	0.18	0.7	0.26	0.34	0.66	-0.25	-0.77		0.29
Total Current Assets	0.72	0.99	0.32	0.24	0.98	-0.21	0.95	0.29	0.25	-0.05	-0.13	0.14	0.74	0.62	-0.07	0.57	-0.95	-0.62	0.22	0.61	0.98	-0.18	0.52	0.29	0.29

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Immuron Account Relationship Matchups

Immuron fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	176.4M	221.1M	227.6M	227.8M	227.9M	239.3M
Total Assets	6.2M	27.1M	24.9M	22.0M	15.5M	9.1M
Other Current Liab	316.6K	994.5K	747.7K	691.3K	2.0M	2.1M
Total Current Liabilities	516.4K	1.1M	1.5M	2.2M	2.7M	2.8M
Total Stockholder Equity	5.6M	25.9M	23.2M	19.6M	12.7M	7.7M
Accounts Payable	157.6K	106.9K	720.9K	790.9K	648.9K	684.4K
Cash	3.3M	25.0M	22.1M	17.2M	11.7M	12.2M
Net Receivables	327.7K	334.7K	662.9K	417.4K	1.4M	1.5M
Inventory	797.7K	292.5K	326.6K	840.0K	1.6M	1.7M
Other Current Assets	33.2K	78.3K	572.4K	158.2K	96.8K	92.0K
Total Liab	558.3K	1.2M	1.7M	2.4M	2.8M	3.0M
Common Stock	60.3M	62.4M	88.4M	88.4M	88.5M	92.9M
Property Plant Equipment	70.8K	33.7K	226.7K	200.1K	180.1K	171.1K
Property Plant And Equipment Net	70.8K	33.7K	226.7K	200.1K	154.3K	146.6K
Current Deferred Revenue	(1.0)	974.0K	713.4K	698.2K	1.4M	1.5M
Net Debt	(3.2M)	(25.0M)	(21.9M)	(17.0M)	(11.5M)	(10.9M)
Retained Earnings	(57.9M)	(65.9M)	(68.4M)	(72.1M)	(79.0M)	(75.0M)
Non Current Assets Total	1.8M	1.3M	1.2M	1.6M	823.6K	800.1K
Non Currrent Assets Other	1.7M	1.3M	956.9K	1.2M	669.3K	702.7K
Cash And Short Term Investments	3.3M	25.0M	22.1M	19.0M	11.7M	6.2M
Other Stockholder Equity	1.1M	3.5M	3.2M	112.2K	129.0K	135.5K
Property Plant And Equipment Gross	70.8K	505.8K	628.9K	651.0K	651.2K	437.7K
Total Current Assets	4.4M	25.8M	23.7M	20.4M	14.7M	8.1M
Accumulated Other Comprehensive Income	1.1M	3.5M	3.2M	3.2M	3.2M	3.3M
Other Liab	22.9K	36.2K	36.0	1.9K	1.7K	1.6K
Short Long Term Debt Total	61.1K	20.5K	209.8K	189.1K	173.5K	341.5K
Other Assets	2.2M	1.9M	1.0	1.3M	0.9	0.86
Liabilities And Stockholders Equity	6.2M	27.1M	24.9M	22.0M	15.5M	10.8M
Non Current Liabilities Total	41.8K	36.2K	175.4K	152.2K	141.5K	139.8K
Net Tangible Assets	5.6M	25.9M	23.2M	19.6M	22.6M	12.5M
Net Invested Capital	5.6M	25.9M	23.2M	19.6M	12.7M	15.1M
Net Working Capital	3.9M	24.6M	22.2M	18.2M	12.0M	13.6M

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