InTest Payables Turnover vs Payout Ratio Analysis

INTT Stock  USD 5.96  0.26  4.18%   
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 Payables Turnover and its Payout Ratio 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.

Payables Turnover vs Payout Ratio

Payables Turnover vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of inTest Payables Turnover account and Payout Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between InTest's Payables Turnover and Payout Ratio is -0.36. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of inTest, assuming nothing else is changed. The correlation between historical values of InTest's Payables Turnover and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of inTest are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Payables Turnover i.e., InTest's Payables Turnover and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Payout Ratio

Payout Ratio is the proportion of inTest earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of inTest dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating inTest is paying out more in dividends than it makes in net income.
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 Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.22 in 2025, whereas Selling General Administrative is likely to drop slightly above 13.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit53.4M57.0M55.4M28.1M
Total Revenue116.8M123.3M130.7M137.2M

InTest fundamental ratios Correlations

0.920.420.950.980.950.490.980.960.320.96-0.270.330.970.590.920.970.910.960.950.840.940.910.780.50.86
0.920.280.90.850.950.630.870.930.230.88-0.320.230.920.50.960.920.770.940.870.960.860.840.750.310.76
0.420.280.610.340.30.080.360.310.160.44-0.540.160.410.330.320.320.280.50.350.210.210.530.310.920.32
0.950.90.610.880.920.580.920.930.190.95-0.450.20.950.480.910.920.780.980.870.820.850.940.720.650.75
0.980.850.340.880.920.360.960.920.420.91-0.170.430.930.650.830.940.960.870.970.790.940.830.780.440.89
0.950.950.30.920.920.630.930.970.160.93-0.310.170.980.440.910.970.850.930.890.880.960.870.810.40.81
0.490.630.080.580.360.630.490.63-0.590.67-0.22-0.590.62-0.050.70.580.220.650.260.560.570.680.420.130.23
0.980.870.360.920.960.930.490.950.310.94-0.230.320.940.490.880.960.860.920.930.790.940.890.740.450.84
0.960.930.310.930.920.970.630.950.170.93-0.30.170.970.470.910.990.820.940.90.870.930.870.780.390.81
0.320.230.160.190.420.16-0.590.310.170.08-0.041.00.140.560.130.210.480.160.560.270.170.020.260.090.55
0.960.880.440.950.910.930.670.940.930.08-0.260.090.960.490.940.930.80.970.830.780.920.980.730.530.74
-0.27-0.32-0.54-0.45-0.17-0.31-0.22-0.23-0.3-0.04-0.26-0.04-0.340.1-0.31-0.28-0.1-0.4-0.27-0.28-0.16-0.32-0.2-0.43-0.23
0.330.230.160.20.430.17-0.590.320.171.00.09-0.040.140.560.130.220.490.160.560.280.180.020.270.090.55
0.970.920.410.950.930.980.620.940.970.140.96-0.340.140.510.910.970.860.960.890.830.940.920.790.510.79
0.590.50.330.480.650.44-0.050.490.470.560.490.10.560.510.450.490.740.470.640.510.450.440.630.30.66
0.920.960.320.910.830.910.70.880.910.130.94-0.310.130.910.450.890.710.970.810.890.840.920.690.360.71
0.970.920.320.920.940.970.580.960.990.210.93-0.280.220.970.490.890.860.930.920.860.950.860.790.390.84
0.910.770.280.780.960.850.220.860.820.480.8-0.10.490.860.740.710.860.760.940.730.890.720.770.40.88
0.960.940.50.980.870.930.650.920.940.160.97-0.40.160.960.470.970.930.760.860.860.870.960.720.540.74
0.950.870.350.870.970.890.260.930.90.560.83-0.270.560.890.640.810.920.940.860.830.870.750.760.410.9
0.840.960.210.820.790.880.560.790.870.270.78-0.280.280.830.510.890.860.730.860.830.770.730.710.210.75
0.940.860.210.850.940.960.570.940.930.170.92-0.160.180.940.450.840.950.890.870.870.770.850.790.340.83
0.910.840.530.940.830.870.680.890.870.020.98-0.320.020.920.440.920.860.720.960.750.730.850.660.620.66
0.780.750.310.720.780.810.420.740.780.260.73-0.20.270.790.630.690.790.770.720.760.710.790.660.310.89
0.50.310.920.650.440.40.130.450.390.090.53-0.430.090.510.30.360.390.40.540.410.210.340.620.310.29
0.860.760.320.750.890.810.230.840.810.550.74-0.230.550.790.660.710.840.880.740.90.750.830.660.890.29
Click cells to compare fundamentals

InTest Account Relationship Matchups

InTest fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets62.0M103.0M110.1M134.8M152.3M159.9M
Short Long Term Debt Total7.3M26.7M22.5M17.5M26.0M27.3M
Other Current Liab2.8M7.3M7.8M7.9M9.3M5.0M
Total Current Liabilities8.9M25.1M26.9M24.3M31.9M33.5M
Total Stockholder Equity44.8M54.8M65.0M96.3M99.8M104.8M
Property Plant And Equipment Net2.4M8.6M8.9M8.2M15.2M16.0M
Net Debt(3.0M)5.5M9.1M(27.8M)6.2M6.5M
Retained Earnings17.1M24.4M32.9M42.2M45.1M47.3M
Accounts Payable2.4M4.3M7.4M5.5M8.0M8.4M
Cash10.3M21.2M13.4M45.3M19.8M15.0M
Non Current Assets Total35.1M50.9M50.0M49.1M73.5M77.1M
Non Currrent Assets Other6.6M139K669K1.1M1.1M1.6M
Cash And Short Term Investments10.3M21.2M13.4M45.3M19.8M15.2M
Net Receivables8.4M16.5M21.2M18.2M29.5M31.0M
Common Stock Shares Outstanding10.3M10.7M10.9M11.8M12.2M10.4M
Liabilities And Stockholders Equity62.0M103.0M110.1M134.8M152.3M159.9M
Non Current Liabilities Total8.4M23.1M18.2M14.2M20.6M21.6M
Inventory7.5M12.9M22.6M20.1M26.8M28.2M
Other Stockholder Equity26.6M29.7M31.8M53.5M56.7M59.6M
Total Liab17.3M48.2M45.1M38.5M52.5M55.1M
Total Current Assets27.0M52.1M60.1M85.8M78.8M82.8M
Other Current Assets776K3.0M2.8M2.3M2.7M2.8M
Property Plant And Equipment Gross8.0M8.7M9.9M15.7M24.1M25.3M
Accumulated Other Comprehensive Income889K594K218K414K(2.1M)(2.0M)
Intangible Assets12.4M21.6M18.6M16.6M26.4M27.7M
Short Term Debt2.4M5.5M5.7M6.0M9.6M10.0M
Other Assets915K139K949K1.00.90.86
Property Plant Equipment2.4M8.7M8.6M3.1M2.8M2.4M
Current Deferred Revenue396K6.0M4.5M3.8M5.0M5.2M
Other Liab2.7M2.4M1.8M1.5M1.7M2.0M
Net Tangible Assets31.2M18.6M12.7M43.4M39.0M21.5M
Retained Earnings Total Equity18.0M17.1M24.4M32.9M37.8M39.7M
Capital Surpluse26.3M26.9M29.9M32.0M36.8M29.7M

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