Immatics Net Interest Income vs Depreciation And Amortization Analysis

IMTX Stock  USD 7.59  0.01  0.13%   
Immatics financial indicator trend analysis is infinitely more than just investigating Immatics NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immatics NV is a good investment. Please check the relationship between Immatics Net Interest Income and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immatics NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Interest Income vs Depreciation And Amortization

Net Interest Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immatics NV Net Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Immatics' Net Interest Income and Depreciation And Amortization is 0.69. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Immatics NV, assuming nothing else is changed. The correlation between historical values of Immatics' Net Interest Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Immatics NV are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Interest Income i.e., Immatics' Net Interest Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Immatics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immatics NV 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 Immatics NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to rise to 1.03 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income5.7M2.5M13.8M14.5M
Net Interest Income3.9M1.4M13.0M13.7M

Immatics fundamental ratios Correlations

0.470.890.52-0.010.92-0.810.630.840.950.770.62-0.680.90.880.830.97-0.630.910.930.830.74-0.770.840.940.7
0.470.470.49-0.730.44-0.470.360.380.330.120.67-0.10.490.40.230.37-0.320.530.60.510.51-0.190.240.620.32
0.890.470.110.190.83-0.90.60.760.950.680.61-0.880.880.950.960.94-0.740.970.940.840.65-0.740.80.930.49
0.520.490.11-0.70.45-0.10.330.420.230.340.420.250.350.12-0.060.330.030.220.340.290.52-0.190.240.40.63
-0.01-0.730.19-0.7-0.01-0.15-0.08-0.030.260.21-0.38-0.580.010.240.440.17-0.240.1-0.03-0.02-0.24-0.260.25-0.08-0.22
0.920.440.830.45-0.01-0.890.50.910.890.650.58-0.650.980.850.780.91-0.730.840.910.930.64-0.860.840.870.64
-0.81-0.47-0.9-0.1-0.15-0.89-0.32-0.7-0.89-0.5-0.40.84-0.9-0.95-0.88-0.870.93-0.91-0.92-0.87-0.420.87-0.87-0.82-0.3
0.630.360.60.33-0.080.5-0.320.710.50.840.87-0.270.580.360.520.540.030.460.490.650.97-0.360.380.750.6
0.840.380.760.42-0.030.91-0.70.710.770.690.78-0.510.930.670.70.8-0.440.70.80.90.79-0.670.620.820.8
0.950.330.950.230.260.89-0.890.50.770.70.47-0.880.880.970.950.99-0.780.960.940.80.57-0.810.880.890.56
0.770.120.680.340.210.65-0.50.840.690.70.55-0.490.660.570.680.73-0.270.570.560.690.83-0.70.740.790.47
0.620.670.610.42-0.380.58-0.40.870.780.470.55-0.20.670.390.440.52-0.060.520.610.70.9-0.250.240.750.71
-0.68-0.1-0.880.25-0.58-0.650.84-0.27-0.51-0.88-0.49-0.2-0.68-0.92-0.96-0.830.82-0.86-0.77-0.61-0.260.69-0.75-0.67-0.22
0.90.490.880.350.010.98-0.90.580.930.880.660.67-0.680.850.820.9-0.710.850.920.970.69-0.840.810.90.61
0.880.40.950.120.240.85-0.950.360.670.970.570.39-0.920.850.940.95-0.890.980.950.780.45-0.810.880.850.4
0.830.230.96-0.060.440.78-0.880.520.70.950.680.44-0.960.820.940.92-0.760.920.860.770.52-0.770.820.830.4
0.970.370.940.330.170.91-0.870.540.80.990.730.52-0.830.90.950.92-0.740.950.950.810.63-0.80.870.910.62
-0.63-0.32-0.740.03-0.24-0.730.930.03-0.44-0.78-0.27-0.060.82-0.71-0.89-0.76-0.74-0.81-0.78-0.65-0.080.8-0.82-0.6-0.07
0.910.530.970.220.10.84-0.910.460.70.960.570.52-0.860.850.980.920.95-0.810.980.780.55-0.710.80.90.51
0.930.60.940.34-0.030.91-0.920.490.80.940.560.61-0.770.920.950.860.95-0.780.980.840.6-0.720.780.920.61
0.830.510.840.29-0.020.93-0.870.650.90.80.690.7-0.610.970.780.770.81-0.650.780.840.73-0.850.790.890.49
0.740.510.650.52-0.240.64-0.420.970.790.570.830.9-0.260.690.450.520.63-0.080.550.60.73-0.450.480.830.67
-0.77-0.19-0.74-0.19-0.26-0.860.87-0.36-0.67-0.81-0.7-0.250.69-0.84-0.81-0.77-0.80.8-0.71-0.72-0.85-0.45-0.97-0.74-0.21
0.840.240.80.240.250.84-0.870.380.620.880.740.24-0.750.810.880.820.87-0.820.80.780.790.48-0.970.810.25
0.940.620.930.4-0.080.87-0.820.750.820.890.790.75-0.670.90.850.830.91-0.60.90.920.890.83-0.740.810.58
0.70.320.490.63-0.220.64-0.30.60.80.560.470.71-0.220.610.40.40.62-0.070.510.610.490.67-0.210.250.58
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Immatics Account Relationship Matchups

Immatics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets134.3M254.6M174.6M407.8M510.0M298.3M
Other Current Liab3.4M8.4M37.3M27.6M38.0M25.0M
Total Current Liabilities69.3M60.6M95.1M106.5M156.6M94.4M
Total Stockholder Equity(41.9M)104.3M24.1M213.2M225.1M122.1M
Net Tangible Assets(42.9M)86.5M22.7M211.5M243.3M255.4M
Retained Earnings(233.2M)(462.3M)(537.8M)(500.3M)(597.3M)(627.2M)
Accounts Payable4.9M2.6M3.0M4.0M7.7M4.8M
Other Assets1.3M724K636K2.5M2.9M3.1M
Cash And Short Term Investments119.4M232.0M145.1M362.2M425.9M235.7M
Net Receivables2.7M2.9M682K2.1M5.7M2.9M
Other Current Assets665K4.1M4.7M12.8M17.7M18.6M
Other Stockholder Equity190.9M538.7M565.2M714.2M823.2M519.1M
Total Liab175.1M150.4M150.6M194.7M284.9M176.1M
Total Current Assets124M239.0M152.2M377.2M449.4M256.1M
Property Plant Equipment8.0M14.0M20.5M26.5M30.5M16.1M

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