Imperial Ptb Ratio vs Inventory Turnover Analysis

IMPP Stock  USD 3.20  0.03  0.93%   
Imperial Petroleum financial indicator trend analysis is infinitely more than just investigating Imperial Petroleum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imperial Petroleum is a good investment. Please check the relationship between Imperial Petroleum Ptb Ratio and its Inventory Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Petroleum guide.

Ptb Ratio vs Inventory Turnover

Ptb Ratio vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imperial Petroleum Ptb Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Imperial Petroleum's Ptb Ratio and Inventory Turnover is -0.45. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Imperial Petroleum, assuming nothing else is changed. The correlation between historical values of Imperial Petroleum's Ptb Ratio and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Imperial Petroleum are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Ptb Ratio i.e., Imperial Petroleum's Ptb Ratio and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from Imperial Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imperial Petroleum 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 Imperial Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Petroleum guide.At this time, Imperial Petroleum's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Issuance Of Capital Stock is likely to grow to about 54.1 M, though Enterprise Value is likely to grow to (46.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense145.0K1.6M1.8M1.1M
Depreciation And Amortization8.7M12.3M15.6M16.4M

Imperial Petroleum fundamental ratios Correlations

0.990.640.440.980.87-0.660.870.910.920.90.310.940.840.370.440.970.480.920.39-0.3-0.220.790.890.830.32
0.990.730.50.970.8-0.70.910.940.950.840.390.960.90.330.430.940.480.960.48-0.39-0.130.850.930.820.32
0.640.730.850.570.28-0.430.680.870.750.330.770.790.790.370.590.480.630.810.79-0.770.260.750.870.740.13
0.440.50.850.30.180.00.310.670.450.210.730.590.460.650.530.270.850.560.89-0.720.420.390.630.720.24
0.980.970.570.30.86-0.760.90.860.920.890.210.90.850.210.350.980.310.90.31-0.21-0.250.810.860.730.32
0.870.80.280.180.86-0.390.560.610.611.0-0.110.660.470.410.420.940.380.610.130.13-0.310.420.540.630.54
-0.66-0.7-0.430.0-0.76-0.39-0.89-0.62-0.83-0.44-0.17-0.67-0.850.410.07-0.650.23-0.75-0.210.180.13-0.9-0.71-0.31-0.07
0.870.910.680.310.90.56-0.890.890.980.620.480.910.980.030.230.790.210.950.34-0.48-0.230.970.930.660.04
0.910.940.870.670.860.61-0.620.890.950.660.650.990.920.430.50.790.620.980.59-0.64-0.080.860.990.910.11
0.920.950.750.450.920.61-0.830.980.950.660.510.960.980.150.30.830.350.990.47-0.51-0.130.960.970.760.11
0.90.840.330.210.891.0-0.440.620.660.66-0.060.70.530.410.430.960.390.660.160.07-0.30.480.60.660.52
0.310.390.770.730.21-0.11-0.170.480.650.51-0.060.570.580.420.330.070.620.580.54-1.00.060.550.640.58-0.31
0.940.960.790.590.90.66-0.670.910.990.960.70.570.930.390.440.840.560.990.52-0.56-0.140.860.980.910.11
0.840.90.790.460.850.47-0.850.980.920.980.530.580.930.060.240.730.290.970.5-0.59-0.070.990.960.690.04
0.370.330.370.650.210.410.410.030.430.150.410.420.390.060.640.280.950.280.3-0.4-0.13-0.070.290.720.11
0.440.430.590.530.350.420.070.230.50.30.430.330.440.240.640.370.660.380.28-0.32-0.20.170.430.590.17
0.970.940.480.270.980.94-0.650.790.790.830.960.070.840.730.280.370.340.820.28-0.06-0.240.680.760.720.43
0.480.480.630.850.310.380.230.210.620.350.390.620.560.290.950.660.340.470.55-0.60.060.170.510.820.13
0.920.960.810.560.90.61-0.750.950.980.990.660.580.990.970.280.380.820.470.53-0.58-0.110.920.990.840.1
0.390.480.790.890.310.13-0.210.340.590.470.160.540.520.50.30.280.280.550.53-0.530.640.470.60.520.44
-0.3-0.39-0.77-0.72-0.210.130.18-0.48-0.64-0.510.07-1.0-0.56-0.59-0.4-0.32-0.06-0.6-0.58-0.53-0.06-0.55-0.64-0.560.32
-0.22-0.130.260.42-0.25-0.310.13-0.23-0.08-0.13-0.30.06-0.14-0.07-0.13-0.2-0.240.06-0.110.64-0.06-0.04-0.03-0.130.28
0.790.850.750.390.810.42-0.90.970.860.960.480.550.860.99-0.070.170.680.170.920.47-0.55-0.040.920.580.05
0.890.930.870.630.860.54-0.710.930.990.970.60.640.980.960.290.430.760.510.990.6-0.64-0.030.920.850.09
0.830.820.740.720.730.63-0.310.660.910.760.660.580.910.690.720.590.720.820.840.52-0.56-0.130.580.850.08
0.320.320.130.240.320.54-0.070.040.110.110.52-0.310.110.040.110.170.430.130.10.440.320.280.050.090.08
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Imperial Petroleum Account Relationship Matchups

Additional Tools for Imperial Stock Analysis

When running Imperial Petroleum's price analysis, check to measure Imperial Petroleum's 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 Imperial Petroleum is operating at the current time. Most of Imperial Petroleum's value examination focuses on studying past and present price action to predict the probability of Imperial Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Petroleum's price. Additionally, you may evaluate how the addition of Imperial Petroleum to your portfolios can decrease your overall portfolio volatility.