InTest Property Plant And Equipment Net vs Net Receivables Analysis

INTT Stock  USD 7.79  0.35  4.70%   
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 Property Plant And Equipment Net and its Net Receivables 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.

Property Plant And Equipment Net vs Net Receivables

Property Plant And Equipment Net vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of inTest Property Plant And Equipment Net account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between InTest's Property Plant And Equipment Net and Net Receivables is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables in the same time period over historical financial statements of inTest, assuming nothing else is changed. The correlation between historical values of InTest's Property Plant And Equipment Net and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of inTest are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Net i.e., InTest's Property Plant And Equipment Net and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Receivables

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.
 2021 2022 2023 2024 (projected)
Gross Profit41.2M53.4M57.0M59.8M
Total Revenue84.9M116.8M123.3M129.5M

InTest fundamental ratios Correlations

0.860.820.920.970.940.030.970.920.660.92-0.240.660.950.530.860.950.860.920.94-0.430.930.840.760.83-0.63
0.860.840.850.740.960.330.780.890.450.81-0.290.450.880.450.950.870.630.910.78-0.510.770.750.620.71-0.41
0.820.840.750.750.90.350.820.870.380.8-0.260.380.830.220.840.890.610.820.73-0.790.890.70.630.69-0.42
0.920.850.750.810.920.220.870.890.450.92-0.460.450.960.410.870.890.660.970.8-0.420.780.910.620.69-0.66
0.970.740.750.810.85-0.180.950.850.790.82-0.110.790.860.580.730.910.950.790.97-0.350.930.70.80.86-0.55
0.940.960.90.920.850.260.90.960.520.88-0.320.520.940.390.930.960.710.950.86-0.570.880.80.710.78-0.54
0.030.330.350.22-0.180.260.020.27-0.680.35-0.13-0.680.25-0.230.450.16-0.370.34-0.25-0.510.080.42-0.21-0.18-0.14
0.970.780.820.870.950.90.020.910.650.89-0.180.650.90.390.810.940.80.870.91-0.450.950.80.740.8-0.7
0.920.890.870.890.850.960.270.910.470.87-0.270.470.960.40.880.990.70.910.85-0.550.870.780.690.77-0.49
0.660.450.380.450.790.52-0.680.650.470.34-0.071.00.460.480.320.550.850.390.86-0.010.60.210.690.73-0.27
0.920.810.80.920.820.880.350.890.870.34-0.230.340.940.440.910.870.660.950.73-0.50.870.970.590.66-0.72
-0.24-0.29-0.26-0.46-0.11-0.32-0.13-0.18-0.27-0.07-0.23-0.07-0.370.16-0.29-0.24-0.03-0.4-0.220.23-0.07-0.31-0.16-0.160.22
0.660.450.380.450.790.52-0.680.650.471.00.34-0.070.460.480.320.550.850.390.86-0.010.60.210.690.73-0.27
0.950.880.830.960.860.940.250.90.960.460.94-0.370.460.490.910.950.740.970.84-0.470.850.890.670.75-0.58
0.530.450.220.410.580.39-0.230.390.40.480.440.160.480.490.380.420.710.390.540.20.380.370.560.6-0.01
0.860.950.840.870.730.930.450.810.880.320.91-0.290.320.910.380.850.570.960.71-0.560.790.890.560.64-0.59
0.950.870.890.890.910.960.160.940.990.550.87-0.240.550.950.420.850.770.90.9-0.550.920.760.740.82-0.5
0.860.630.610.660.950.71-0.370.80.70.850.66-0.030.850.740.710.570.770.630.93-0.210.820.530.780.84-0.34
0.920.910.820.970.790.950.340.870.910.390.95-0.40.390.970.390.960.90.630.78-0.50.820.940.610.68-0.66
0.940.780.730.80.970.86-0.250.910.850.860.73-0.220.860.840.540.710.90.930.78-0.320.870.610.810.88-0.46
-0.43-0.51-0.79-0.42-0.35-0.57-0.51-0.45-0.55-0.01-0.50.23-0.01-0.470.2-0.56-0.55-0.21-0.5-0.32-0.61-0.42-0.36-0.390.17
0.930.770.890.780.930.880.080.950.870.60.87-0.070.60.850.380.790.920.820.820.87-0.610.750.750.81-0.6
0.840.750.70.910.70.80.420.80.780.210.97-0.310.210.890.370.890.760.530.940.61-0.420.750.480.53-0.78
0.760.620.630.620.80.71-0.210.740.690.690.59-0.160.690.670.560.560.740.780.610.81-0.360.750.480.99-0.34
0.830.710.690.690.860.78-0.180.80.770.730.66-0.160.730.750.60.640.820.840.680.88-0.390.810.530.99-0.35
-0.63-0.41-0.42-0.66-0.55-0.54-0.14-0.7-0.49-0.27-0.720.22-0.27-0.58-0.01-0.59-0.5-0.34-0.66-0.460.17-0.6-0.78-0.34-0.35
Click cells to compare fundamentals

InTest Account Relationship Matchups

InTest fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.7M62.0M103.0M110.1M134.8M141.6M
Other Current Liab4.6M2.8M7.3M7.8M7.9M8.3M
Total Current Liabilities8.4M8.9M25.1M26.9M24.3M25.5M
Total Stockholder Equity44.8M44.8M54.8M65.0M96.3M101.1M
Property Plant And Equipment Net2.4M2.4M8.6M8.9M8.2M8.6M
Net Debt(2.5M)(3.0M)5.5M9.1M(27.8M)(26.4M)
Retained Earnings18.0M17.1M24.4M32.9M42.2M44.3M
Accounts Payable2.0M2.4M4.3M7.4M5.5M5.8M
Cash7.6M10.3M21.2M13.4M45.3M47.5M
Non Current Assets Total34.8M35.1M50.9M50.0M49.1M51.5M
Non Currrent Assets Other5.0M6.6M139K669K1.1M1.6M
Cash And Short Term Investments7.6M10.3M21.2M13.4M45.3M47.5M
Net Receivables9.3M8.4M16.5M21.2M18.2M19.1M
Common Stock Shares Outstanding10.4M10.3M10.7M10.9M11.8M10.2M
Liabilities And Stockholders Equity59.7M62.0M103.0M110.1M134.8M141.6M
Non Current Liabilities Total6.5M8.4M23.1M18.2M14.2M15.0M
Inventory7.2M7.5M12.9M22.6M20.1M21.1M
Other Stockholder Equity26.1M26.6M29.7M31.8M53.5M56.2M
Total Liab14.9M17.3M48.2M45.1M38.5M40.5M
Total Current Assets24.9M27.0M52.1M60.1M85.8M90.1M
Other Current Assets17.7M776K3.0M2.8M2.3M2.1M
Property Plant And Equipment Gross7.3M8.0M8.7M9.9M15.7M16.5M
Accumulated Other Comprehensive Income673K889K594K218K414K398.1K
Intangible Assets13.7M12.4M21.6M18.6M16.6M17.4M
Other Assets166K915K139K949K1.00.95
Property Plant Equipment2.4M8.7M8.6M3.1M2.8M2.4M
Current Deferred Revenue456K396K6.0M4.5M3.8M4.0M
Short Term Debt1.3M2.4M5.5M5.7M6.0M3.5M
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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