Inseego Other Current Assets vs Total Current Liabilities Analysis

INSG Stock  USD 12.59  0.42  3.45%   
Inseego Corp financial indicator trend analysis is infinitely more than just investigating Inseego Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inseego Corp is a good investment. Please check the relationship between Inseego Corp Other Current Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inseego Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inseego Corp Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.
The correlation between Inseego Corp's Other Current Assets and Total Current Liabilities is 0.04. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Inseego Corp, assuming nothing else is changed. The correlation between historical values of Inseego Corp's Other Current Assets and Total Current Liabilities 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 Current Assets of Inseego Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Inseego Corp's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Inseego Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Inseego Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Inseego Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inseego Corp 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 Inseego Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.At this time, Inseego Corp's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years.
 2021 2022 2023 2024 (projected)
Total Operating Expenses121.2M121.8M63.7M78.4M
Cost Of Revenue186.5M178.4M143.2M175.3M

Inseego Corp fundamental ratios Correlations

0.220.090.440.560.530.380.350.860.750.27-0.40.850.460.78-0.20.450.570.370.40.680.080.290.730.050.48
0.22-0.03-0.7-0.4-0.57-0.810.330.390.09-0.860.730.440.36-0.220.210.750.47-0.74-0.790.440.18-0.450.7-0.15-0.17
0.09-0.030.01-0.030.150.08-0.260.070.46-0.010.050.240.440.170.140.25-0.130.020.09-0.160.440.080.06-0.330.2
0.44-0.70.010.80.770.92-0.020.280.490.91-0.980.19-0.080.56-0.42-0.350.120.990.90.13-0.270.76-0.050.310.4
0.56-0.4-0.030.80.870.720.320.520.530.7-0.850.360.030.64-0.5-0.140.280.760.730.380.020.430.150.210.64
0.53-0.570.150.770.870.880.080.320.470.83-0.80.250.150.83-0.41-0.21-0.060.730.90.150.130.32-0.06-0.050.72
0.38-0.810.080.920.720.88-0.160.110.380.98-0.910.07-0.020.7-0.34-0.41-0.150.911.0-0.04-0.110.58-0.240.090.49
0.350.33-0.26-0.020.320.08-0.160.580.13-0.11-0.070.23-0.230.15-0.190.030.53-0.1-0.120.580.24-0.120.360.370.14
0.860.390.070.280.520.320.110.580.620.02-0.280.90.390.46-0.170.540.740.210.120.740.040.230.840.310.32
0.750.090.460.490.530.470.380.130.620.28-0.410.690.430.58-0.350.410.440.430.380.390.170.390.58-0.240.58
0.27-0.86-0.010.910.70.830.98-0.110.020.28-0.92-0.07-0.220.61-0.3-0.57-0.140.910.98-0.06-0.130.58-0.350.160.41
-0.40.730.05-0.98-0.85-0.8-0.91-0.07-0.28-0.41-0.92-0.140.16-0.540.410.42-0.12-0.97-0.9-0.130.21-0.690.1-0.36-0.42
0.850.440.240.190.360.250.070.230.90.69-0.07-0.140.660.45-0.130.720.590.150.080.650.090.160.890.060.37
0.460.360.44-0.080.030.15-0.02-0.230.390.43-0.220.160.660.34-0.160.79-0.07-0.09-0.020.10.13-0.120.51-0.360.33
0.78-0.220.170.560.640.830.70.150.460.580.61-0.540.450.34-0.210.050.040.50.730.290.210.230.17-0.150.61
-0.20.210.14-0.42-0.5-0.41-0.34-0.19-0.17-0.35-0.30.41-0.13-0.16-0.21-0.010.02-0.37-0.33-0.230.050.01-0.130.21-0.64
0.450.750.25-0.35-0.14-0.21-0.410.030.540.41-0.570.420.720.790.05-0.010.35-0.37-0.430.250.06-0.150.79-0.280.05
0.570.47-0.130.120.28-0.06-0.150.530.740.44-0.14-0.120.59-0.070.040.020.350.07-0.150.73-0.150.290.780.36-0.04
0.37-0.740.020.990.760.730.91-0.10.210.430.91-0.970.15-0.090.5-0.37-0.370.070.890.06-0.310.79-0.10.340.33
0.4-0.790.090.90.730.91.0-0.120.120.380.98-0.90.08-0.020.73-0.33-0.43-0.150.89-0.02-0.060.53-0.240.070.52
0.680.44-0.160.130.380.15-0.040.580.740.39-0.06-0.130.650.10.29-0.230.250.730.06-0.020.09-0.010.740.250.32
0.080.180.44-0.270.020.13-0.110.240.040.17-0.130.210.090.130.210.050.06-0.15-0.31-0.060.09-0.55-0.02-0.420.5
0.29-0.450.080.760.430.320.58-0.120.230.390.58-0.690.16-0.120.230.01-0.150.290.790.53-0.01-0.550.050.52-0.2
0.730.70.06-0.050.15-0.06-0.240.360.840.58-0.350.10.890.510.17-0.130.790.78-0.1-0.240.74-0.020.050.050.17
0.05-0.15-0.330.310.21-0.050.090.370.31-0.240.16-0.360.06-0.36-0.150.21-0.280.360.340.070.25-0.420.520.05-0.46
0.48-0.170.20.40.640.720.490.140.320.580.41-0.420.370.330.61-0.640.05-0.040.330.520.320.5-0.20.17-0.46
Click cells to compare fundamentals

Inseego Corp Account Relationship Matchups

Inseego Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets161.4M227.4M215.8M159.0M121.8M172.0M
Total Stockholder Equity(37.2M)(27.8M)(24.9M)(70.1M)(102.1M)(97.0M)
Other Assets387K15.6M377K488K439.2K417.2K
Common Stock Shares Outstanding7.8M9.6M10.3M10.7M11.4M11.9M
Liabilities And Stockholders Equity161.4M227.4M215.8M159.0M121.8M172.0M
Other Stockholder Equity584.9M711.5M770.6M794.0M810.1M410.9M
Total Liab198.7M255.3M240.7M229.1M223.9M117.6M
Short Long Term Debt Total148.1M166.8M160.0M167.1M170.7M179.3M
Other Current Liab15.6M18.9M19.4M25.7M19.2M16.1M
Total Current Liabilities44.5M75.7M74.8M57.0M55.9M58.0M
Property Plant And Equipment Net18.8M28.9M20.5M16.9M8.2M13.6M
Net Debt136.0M125.1M111.4M160.0M163.2M171.4M
Retained Earnings(618.3M)(732.4M)(787.0M)(857.8M)(906.9M)(861.6M)
Accounts Payable26.5M52.3M48.6M29.0M24.8M34.5M
Cash12.1M40.0M46.5M7.1M7.5M7.1M
Non Current Assets Total97.2M113.3M88.2M80.7M63.6M58.5M
Non Currrent Assets Other387K388K(143.0M)(157.2M)6.3M6.7M
Cash And Short Term Investments12.1M40.0M46.5M7.1M7.5M7.1M
Net Receivables19.7M29.9M26.8M25.3M26.4M31.4M
Common Stock Total Equity82K99K105K108K124.2K130.4K
Non Current Liabilities Total154.2M179.6M165.9M172.2M168.0M176.4M
Inventory25.3M34.0M37.4M38.0M22.9M28.1M
Other Current Assets7.1M10.2M2.3M8.0M1.4M1.4M
Property Plant And Equipment Gross18.8M28.9M20.5M16.9M49.2M51.6M
Total Current Assets64.1M114.1M127.6M78.4M58.2M87.4M
Accumulated Other Comprehensive Income(3.9M)(7.0M)(8.5M)(6.3M)(5.3M)(5.6M)
Short Term Debt187K1.6M2.1M1.8M5.8M5.4M
Common Stock82K99K105K108K12K11.4K
Long Term Debt147.9M165.1M157.9M6.9M159.9M167.9M
Intangible Assets44.4M51.5M47.0M41.4M27.1M24.7M
Property Plant Equipment10.8M13.7M20.5M16.9M19.4M13.2M
Other Liab4.6M6.1M8.0M923K830.7K789.2K
Current Deferred Revenue2.2M2.9M4.8M9.3M5.6M3.8M
Good Will33.7M32.5M20.3M21.9M25.2M23.5M
Net Tangible Assets(115.3M)(111.8M)(92.2M)(133.4M)(120.1M)(114.1M)
Noncontrolling Interest In Consolidated Entity(50K)(135K)(120K)(91K)(81.9K)(77.8K)
Retained Earnings Total Equity(618.3M)(732.4M)(787.0M)(857.8M)(772.0M)(810.6M)
Capital Surpluse584.9M711.5M770.6M793.9M912.9M627.4M

Currently Active Assets on Macroaxis

When determining whether Inseego Corp is a strong investment it is important to analyze Inseego Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inseego Corp's future performance. For an informed investment choice regarding Inseego Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inseego Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inseego Corp. If investors know Inseego will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inseego Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.02)
Revenue Per Share
16.535
Quarterly Revenue Growth
0.104
Return On Assets
(0.1)
Return On Equity
(8.35)
The market value of Inseego Corp is measured differently than its book value, which is the value of Inseego that is recorded on the company's balance sheet. Investors also form their own opinion of Inseego Corp's value that differs from its market value or its book value, called intrinsic value, which is Inseego Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inseego Corp's market value can be influenced by many factors that don't directly affect Inseego Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inseego Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inseego Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inseego Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.