Immatics Non Current Assets Total vs Other Assets 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 Non Current Assets Total and its Other Assets 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.

Non Current Assets Total vs Other Assets

Non Current Assets Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immatics NV Non Current Assets Total account and Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Immatics' Non Current Assets Total and Other Assets is 0.82. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Immatics NV, assuming nothing else is changed. The correlation between historical values of Immatics' Non Current Assets Total and Other 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 Non Current Assets Total of Immatics NV are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Assets Total i.e., Immatics' Non Current Assets Total and Other Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Assets

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
Click cells to compare fundamentals

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