International Cash vs Total Current Assets Analysis
| IMM Stock | CAD 0.07 0.01 6.67% |
International Metals financial indicator trend analysis is infinitely more than just investigating International Metals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Metals is a good investment. Please check the relationship between International Metals Cash and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Metals Mining. 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.
Cash vs Total Current Assets
Cash vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Metals Cash account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between International Metals' Cash and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of International Metals Mining, assuming nothing else is changed. The correlation between historical values of International Metals' Cash and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of International Metals Mining are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., International Metals' Cash and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of International Metals, which is listed under current asset account on International Metals Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from International Metals customers. The amounts must be unrestricted with restricted cash listed in a different International Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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.Most indicators from International Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Metals 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 International Metals Mining. 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 662.5 K in 2024
International Metals fundamental ratios Correlations
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International Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for International Stock Analysis
When running International Metals' price analysis, check to measure International Metals' 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 International Metals is operating at the current time. Most of International Metals' value examination focuses on studying past and present price action to predict the probability of International Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Metals' price. Additionally, you may evaluate how the addition of International Metals to your portfolios can decrease your overall portfolio volatility.