Mink Average Inventory vs Income Quality Analysis

INKT Stock  USD 0.69  0.01  1.47%   
Mink Therapeutics financial indicator trend analysis is infinitely more than just investigating Mink Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mink Therapeutics is a good investment. Please check the relationship between Mink Therapeutics Average Inventory and its Income Quality accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Mink Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Mink Stock please use our How to Invest in Mink Therapeutics guide.

Average Inventory vs Income Quality

Average Inventory vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mink Therapeutics Average Inventory account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mink Therapeutics' Average Inventory and Income Quality is -0.08. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Income Quality in the same time period over historical financial statements of Mink Therapeutics, assuming nothing else is changed. The correlation between historical values of Mink Therapeutics' Average Inventory and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Mink Therapeutics are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Average Inventory i.e., Mink Therapeutics' Average Inventory and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Most indicators from Mink Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mink Therapeutics 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 Mink Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Mink Stock please use our How to Invest in Mink Therapeutics guide.Selling General Administrative is likely to drop to about 5.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Interest Expense2.4M253.3K228.0K216.6K
Depreciation And Amortization78.0K121.7K204.6K118.7K

Mink Therapeutics fundamental ratios Correlations

0.590.730.760.91-0.610.790.480.05-0.87-0.450.451.00.480.591.0-0.610.1-0.75-0.140.470.72-0.640.910.441.0
0.590.910.880.57-0.970.670.83-0.44-0.67-0.860.750.580.831.00.58-0.970.47-0.610.210.610.86-0.430.230.860.57
0.730.910.990.62-0.950.680.63-0.4-0.69-0.730.590.720.630.910.72-0.950.47-0.570.30.710.76-0.380.460.650.72
0.760.880.990.65-0.950.70.64-0.4-0.72-0.730.630.750.640.880.75-0.950.5-0.590.270.710.76-0.40.490.640.75
0.910.570.620.65-0.590.960.64-0.2-0.99-0.630.540.910.640.570.91-0.590.33-0.95-0.490.140.86-0.90.740.610.9
-0.61-0.97-0.95-0.95-0.59-0.69-0.810.530.690.87-0.78-0.6-0.81-0.97-0.61.0-0.590.61-0.23-0.64-0.840.43-0.26-0.83-0.6
0.790.670.680.70.96-0.690.75-0.47-0.98-0.80.610.80.750.670.8-0.690.56-0.98-0.490.070.93-0.930.530.750.78
0.480.830.630.640.64-0.810.75-0.52-0.75-0.940.950.471.00.830.47-0.810.58-0.77-0.210.260.92-0.680.080.990.46
0.05-0.44-0.4-0.4-0.20.53-0.47-0.520.340.75-0.410.05-0.52-0.440.050.53-0.970.410.190.16-0.490.40.39-0.560.07
-0.87-0.67-0.69-0.72-0.990.69-0.98-0.750.340.75-0.65-0.87-0.75-0.67-0.870.69-0.450.970.45-0.17-0.930.91-0.63-0.73-0.86
-0.45-0.86-0.73-0.73-0.630.87-0.8-0.940.750.75-0.83-0.44-0.94-0.86-0.440.87-0.780.780.19-0.21-0.920.68-0.03-0.96-0.43
0.450.750.590.630.54-0.780.610.95-0.41-0.65-0.830.440.950.750.44-0.780.52-0.63-0.080.40.8-0.520.090.890.44
1.00.580.720.750.91-0.60.80.470.05-0.87-0.440.440.470.581.0-0.60.1-0.76-0.160.450.71-0.650.910.441.0
0.480.830.630.640.64-0.810.751.0-0.52-0.75-0.940.950.470.830.47-0.810.58-0.77-0.210.260.92-0.680.080.990.46
0.591.00.910.880.57-0.970.670.83-0.44-0.67-0.860.750.580.830.58-0.970.47-0.610.210.610.86-0.430.230.860.57
1.00.580.720.750.91-0.60.80.470.05-0.87-0.440.441.00.470.58-0.60.1-0.76-0.160.450.71-0.650.910.441.0
-0.61-0.97-0.95-0.95-0.591.0-0.69-0.810.530.690.87-0.78-0.6-0.81-0.97-0.6-0.590.61-0.23-0.65-0.840.43-0.26-0.82-0.6
0.10.470.470.50.33-0.590.560.58-0.97-0.45-0.780.520.10.580.470.1-0.59-0.49-0.21-0.070.55-0.48-0.240.590.08
-0.75-0.61-0.57-0.59-0.950.61-0.98-0.770.410.970.78-0.63-0.76-0.77-0.61-0.760.61-0.490.60.02-0.930.97-0.49-0.77-0.74
-0.140.210.30.27-0.49-0.23-0.49-0.210.190.450.19-0.08-0.16-0.210.21-0.16-0.23-0.210.60.78-0.30.76-0.11-0.19-0.13
0.470.610.710.710.14-0.640.070.260.16-0.17-0.210.40.450.260.610.45-0.65-0.070.020.780.250.240.380.240.47
0.720.860.760.760.86-0.840.930.92-0.49-0.93-0.920.80.710.920.860.71-0.840.55-0.93-0.30.25-0.830.370.930.7
-0.64-0.43-0.38-0.4-0.90.43-0.93-0.680.40.910.68-0.52-0.65-0.68-0.43-0.650.43-0.480.970.760.24-0.83-0.42-0.67-0.63
0.910.230.460.490.74-0.260.530.080.39-0.63-0.030.090.910.080.230.91-0.26-0.24-0.49-0.110.380.37-0.420.040.91
0.440.860.650.640.61-0.830.750.99-0.56-0.73-0.960.890.440.990.860.44-0.820.59-0.77-0.190.240.93-0.670.040.43
1.00.570.720.750.9-0.60.780.460.07-0.86-0.430.441.00.460.571.0-0.60.08-0.74-0.130.470.7-0.630.910.43
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Mink Therapeutics Account Relationship Matchups

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Additional Tools for Mink Stock Analysis

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