Iodm Other Current Assets vs Non Current Assets Total Analysis

IOD Stock   0.16  0.02  11.11%   
Iodm financial indicator trend analysis is infinitely more than just investigating Iodm recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iodm is a good investment. Please check the relationship between Iodm Other Current Assets and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iodm. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Non Current Assets Total

Other Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iodm Other Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Iodm's Other Current Assets and Non Current Assets Total is -0.28. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Iodm, assuming nothing else is changed. The correlation between historical values of Iodm's Other Current Assets and Non Current Assets Total 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 Iodm are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., Iodm's Other Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Iodm's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iodm 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 Iodm. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Iodm's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to 1,214 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 778.4 K in 2024.

Iodm fundamental ratios Correlations

-0.290.95-0.610.320.080.580.58-0.30.32-0.71-0.37-0.290.560.16-0.51-0.610.80.80.370.15-0.170.770.81-0.060.25
-0.29-0.570.18-0.60.590.020.020.79-0.130.6-0.230.970.060.20.910.21-0.48-0.46-0.51-0.020.48-0.34-0.390.42-0.28
0.95-0.57-0.590.5-0.090.490.49-0.510.3-0.83-0.24-0.580.460.03-0.75-0.590.840.840.540.13-0.370.770.82-0.220.31
-0.610.18-0.59-0.64-0.43-0.96-0.960.140.360.520.080.23-0.950.390.430.21-0.09-0.08-0.310.050.28-0.01-0.090.06-0.63
0.32-0.60.5-0.640.120.440.44-0.59-0.5-0.670.26-0.70.42-0.8-0.77-0.130.140.120.74-0.12-0.7-0.010.14-0.530.5
0.080.59-0.09-0.430.120.480.480.51-0.330.05-0.30.480.5-0.210.270.19-0.33-0.330.01-0.06-0.03-0.34-0.28-0.15-0.17
0.580.020.49-0.960.440.481.00.02-0.37-0.35-0.120.011.0-0.27-0.21-0.210.010.010.1-0.03-0.03-0.030.030.140.62
0.580.020.49-0.960.440.481.00.02-0.37-0.35-0.120.011.0-0.27-0.21-0.210.010.010.1-0.03-0.03-0.030.030.140.62
-0.30.79-0.510.14-0.590.510.020.020.020.67-0.230.780.070.270.730.58-0.43-0.42-0.69-0.340.43-0.32-0.410.43-0.32
0.32-0.130.30.36-0.5-0.33-0.37-0.370.02-0.18-0.58-0.09-0.380.82-0.09-0.310.630.64-0.030.330.060.660.54-0.08-0.48
-0.710.6-0.830.52-0.670.05-0.35-0.350.67-0.180.220.68-0.310.210.780.67-0.66-0.65-0.8-0.410.65-0.56-0.60.46-0.36
-0.37-0.23-0.240.080.26-0.3-0.12-0.12-0.23-0.580.22-0.22-0.11-0.45-0.090.24-0.28-0.28-0.05-0.36-0.09-0.3-0.250.240.38
-0.290.97-0.580.23-0.70.480.010.010.78-0.090.68-0.220.040.320.950.21-0.47-0.45-0.650.010.68-0.32-0.380.53-0.29
0.560.060.46-0.950.420.51.01.00.07-0.38-0.31-0.110.04-0.26-0.17-0.17-0.02-0.020.06-0.06-0.01-0.060.00.170.61
0.160.20.030.39-0.8-0.21-0.27-0.270.270.820.21-0.450.32-0.260.31-0.190.340.35-0.470.260.510.410.30.3-0.45
-0.510.91-0.750.43-0.770.27-0.21-0.210.73-0.090.78-0.090.95-0.170.310.29-0.56-0.54-0.70.00.65-0.39-0.490.56-0.29
-0.610.21-0.590.21-0.130.19-0.21-0.210.58-0.310.670.240.21-0.17-0.190.29-0.56-0.57-0.54-0.70.12-0.57-0.580.1-0.3
0.8-0.480.84-0.090.14-0.330.010.01-0.430.63-0.66-0.28-0.47-0.020.34-0.56-0.561.00.390.16-0.260.980.97-0.13-0.03
0.8-0.460.84-0.080.12-0.330.010.01-0.420.64-0.65-0.28-0.45-0.020.35-0.54-0.571.00.380.16-0.240.980.98-0.12-0.04
0.37-0.510.54-0.310.740.010.10.1-0.69-0.03-0.8-0.05-0.650.06-0.47-0.7-0.540.390.380.25-0.790.270.39-0.770.19
0.15-0.020.130.05-0.12-0.06-0.03-0.03-0.340.33-0.41-0.360.01-0.060.260.0-0.70.160.160.250.090.170.09-0.12-0.01
-0.170.48-0.370.28-0.7-0.03-0.03-0.030.430.060.65-0.090.68-0.010.510.650.12-0.26-0.24-0.790.09-0.15-0.190.65-0.18
0.77-0.340.77-0.01-0.01-0.34-0.03-0.03-0.320.66-0.56-0.3-0.32-0.060.41-0.39-0.570.980.980.270.17-0.150.960.01-0.07
0.81-0.390.82-0.090.14-0.280.030.03-0.410.54-0.6-0.25-0.380.00.3-0.49-0.580.970.980.390.09-0.190.96-0.12-0.04
-0.060.42-0.220.06-0.53-0.150.140.140.43-0.080.460.240.530.170.30.560.1-0.13-0.12-0.77-0.120.650.01-0.120.28
0.25-0.280.31-0.630.5-0.170.620.62-0.32-0.48-0.360.38-0.290.61-0.45-0.29-0.3-0.03-0.040.19-0.01-0.18-0.07-0.040.28
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Iodm Account Relationship Matchups

Iodm fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets982.1K876.9K2.0M2.5M929.7K883.2K
Total Current Liabilities427.3K394.3K601.4K753.6K1.5M1.6M
Total Stockholder Equity516.5K437.9K799.0K1.3M(840.6K)(798.6K)
Net Debt(631.0K)(641.6K)(464.5K)(1.2M)426.6K447.9K
Retained Earnings(10.4M)(12.6M)(15.0M)(17.4M)(20.5M)(19.4M)
Accounts Payable118.5K105.3K104.7K186.2K253.8K132.7K
Cash738.8K651.1K1.2M1.8M282.7K268.6K
Cash And Short Term Investments738.8K651.1K1.2M1.8M282.7K268.6K
Net Receivables113.4K161.0K124.0K77.4K152.7K160.4K
Common Stock Shares Outstanding541.6M563.7M576.3M586.2M597.8M627.7M
Liabilities And Stockholders Equity982.1K876.9K2.0M2.5M929.7K883.2K
Other Current Assets39.4K64.8K30.7K47.4K38.3K34.9K
Total Liab465.6K439.0K1.2M1.2M1.8M1.9M
Total Current Assets891.6K876.9K1.3M1.9M473.8K450.1K
Common Stock9.3M11.1M13.4M16.2M17.1M10.3M
Other Current Liab153.9K223.7K306.0K312.3K532.4K559.0K
Other Liab29.6K44.7K24.6K11.3K13.0K16.4K
Property Plant And Equipment Net6.9K90.5K651.3K498.0K344.8K327.6K
Non Current Assets Total19.7K90.5K651.3K609.1K455.9K433.1K
Non Currrent Assets Other(19.7K)(90.5K)(651.3K)(498.0K)(448.2K)(425.8K)
Non Current Liabilities Total38.3K44.7K596.5K418.8K272.0K285.6K
Property Plant And Equipment Gross14.5K6.9K90.5K804.5K724.1K1.3M
Accumulated Other Comprehensive Income1.6M1.9M2.3M2.5M2.6M2.7M
Property Plant Equipment90.5K0.0651.3K498.0K448.2K425.8K
Short Term Debt99.1K9.5K154.5K164.4K476.6K500.4K
Net Tangible Assets516.5K437.9K799.0K1.3M1.2M1.2M
Other Stockholder Equity1.6M1.9M2.3M1.01.151.09
Short Long Term Debt Total107.8K9.5K726.5K571.9K709.3K744.8K
Current Deferred Revenue55.8K55.8K36.2K90.6K235.5K247.3K
Long Term Debt Total8.7K0.0572.0K407.5K468.6K492.1K
Capital Lease Obligations107.8K9.5K726.5K571.9K407.5K269.9K
Net Invested Capital516.5K437.9K799.0K1.3M(538.8K)(511.9K)
Cash And Equivalents146.9K132.5K738.8K651.1K748.8K409.7K
Net Working Capital464.3K482.6K744.3K1.2M(1.0M)(973.3K)

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