Intelligent Other Assets vs Other Stockholder Equity Analysis
INBS Stock | USD 1.61 0.10 6.62% |
Intelligent Bio financial indicator trend analysis is infinitely more than just investigating Intelligent Bio Solutions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intelligent Bio Solutions is a good investment. Please check the relationship between Intelligent Bio Other Assets and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intelligent Bio Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Other Assets vs Other Stockholder Equity
Other Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intelligent Bio Solutions Other Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Intelligent Bio's Other Assets and Other Stockholder Equity is 0.62. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Intelligent Bio Solutions, assuming nothing else is changed. The correlation between historical values of Intelligent Bio's Other Assets and Other Stockholder Equity 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 Assets of Intelligent Bio Solutions are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Assets i.e., Intelligent Bio's Other Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Other Stockholder Equity
Most indicators from Intelligent Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intelligent Bio Solutions 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 Intelligent Bio Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Intelligent Bio's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.9 M in 2024.
2021 | 2023 | 2024 (projected) | Interest Expense | 7.5K | 167.1K | 158.8K | Depreciation And Amortization | 966.7K | 1.2M | 1.4M |
Intelligent Bio fundamental ratios Correlations
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Intelligent Bio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intelligent Bio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5M | 20.4M | 12.4M | 10.4M | 13.8M | 8.9M | |
Short Long Term Debt Total | 4.8M | 5.1M | 5.1M | 1.3M | 871.4K | 827.9K | |
Other Current Liab | 2.1M | 2.3M | 1.1M | 1.5M | 1.2M | 1.2M | |
Total Current Liabilities | 7.7M | 3.7M | 4.7M | 5.9M | 5.5M | 4.6M | |
Total Stockholder Equity | (5.2M) | 13.6M | 6.6M | 3.8M | 8.3M | 8.7M | |
Net Debt | 4.7M | (12.6M) | (8.2M) | (201.6K) | (5.4M) | (5.2M) | |
Retained Earnings | (15.8M) | (24.3M) | (31.2M) | (41.8M) | (52.0M) | (49.4M) | |
Accounts Payable | 483.6K | 1.4M | 715.9K | 1.2M | 602.3K | 792.1K | |
Cash | 427.3K | 12.6M | 8.2M | 1.5M | 6.3M | 4.1M | |
Cash And Short Term Investments | 427.3K | 12.6M | 8.2M | 1.5M | 6.3M | 4.1M | |
Liabilities And Stockholders Equity | 2.5M | 20.4M | 12.4M | 10.4M | 13.8M | 8.9M | |
Non Current Liabilities Total | 5.6M | 3.2M | 1.1M | 783.9K | 144.9K | 137.7K | |
Other Current Assets | 12.1K | 2.4M | 163.1K | 512.2K | 474.3K | 586.1K | |
Other Stockholder Equity | (9.2M) | 38.4M | 38.4M | 46.2M | 61.0M | 64.0M | |
Total Liab | 7.7M | 6.9M | 5.8M | 6.7M | 5.6M | 5.1M | |
Total Current Assets | 2.3M | 16.4M | 10.9M | 3.9M | 8.5M | 6.5M | |
Accumulated Other Comprehensive Income | (364.0K) | (661.3K) | (788.1K) | (575.5K) | (712.6K) | (677.0K) | |
Short Term Debt | 5.1M | 5.1M | 137.8K | 800.1K | 1.1M | 1.0M | |
Common Stock | 2.9M | 142.3K | 148.9K | 23.3K | 34.6K | 32.8K | |
Net Receivables | 19.6K | 3.2M | 2.5M | 833.2K | 978.3K | 1.2M | |
Inventory | 1.9M | (3.2M) | 0.0 | 979.9K | 777.5K | 507.4K | |
Net Tangible Assets | (5.2M) | 15.0M | 6.6M | (1.5M) | (1.7M) | (1.8M) | |
Non Current Assets Total | 135.7K | 4.0M | 1.5M | 6.5M | 5.2M | 3.5M | |
Net Invested Capital | (17.4M) | 15.0M | 6.6M | 4.6M | 8.8M | 9.3M | |
Capital Stock | 20.2M | 148.8K | 148.9K | 23.3K | 34.6K | 32.8K | |
Net Working Capital | (5.4M) | 14.5M | 6.2M | (2.0M) | 3.1M | 2.3M |
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When running Intelligent Bio's price analysis, check to measure Intelligent Bio'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 Intelligent Bio is operating at the current time. Most of Intelligent Bio's value examination focuses on studying past and present price action to predict the probability of Intelligent Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intelligent Bio's price. Additionally, you may evaluate how the addition of Intelligent Bio to your portfolios can decrease your overall portfolio volatility.