INTT Stock | | | USD 7.77 0.14 1.83% |
InTest financial indicator trend analysis is infinitely more than just investigating inTest recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether inTest is a good investment. Please check the relationship between InTest Accumulated Depreciation and its Capital Stock accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in inTest. 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.
For more information on how to buy InTest Stock please use our
How to Invest in InTest guide.
Accumulated Depreciation vs Capital Stock
Accumulated Depreciation vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
inTest Accumulated Depreciation account and
Capital Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between InTest's Accumulated Depreciation and Capital Stock is -0.65. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Capital Stock in the same time period over historical financial statements of inTest, assuming nothing else is changed. The correlation between historical values of InTest's Accumulated Depreciation and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of inTest are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accumulated Depreciation i.e., InTest's Accumulated Depreciation and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for inTest fixed asset that has been charged to InTest expense since that asset was acquired and made available for InTest use. The accumulated depreciation account is inTest asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by inTest.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from InTest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into inTest 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 inTest. 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.
For more information on how to buy InTest Stock please use our
How to Invest in InTest guide.At this time, InTest's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 16.01 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 10.6
M in 2024.
InTest fundamental ratios Correlations
Click cells to compare fundamentals
InTest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InTest fundamental ratios Accounts
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Additional Tools for InTest Stock Analysis
When running InTest's price analysis, check to
measure InTest'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 InTest is operating at the current time. Most of InTest's value examination focuses on studying past and present price action to
predict the probability of InTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InTest's price. Additionally, you may evaluate how the addition of InTest to your portfolios can decrease your overall portfolio volatility.