Iodm Other Current Assets vs Retained Earnings 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 Retained Earnings 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 Retained Earnings
Other Current Assets vs Retained Earnings 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 Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between Iodm's Other Current Assets and Retained Earnings is 0.26. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings 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 Retained Earnings 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 Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Iodm's Other Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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
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Iodm Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iodm fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 982.1K | 876.9K | 2.0M | 2.5M | 929.7K | 883.2K | |
Total Current Liabilities | 427.3K | 394.3K | 601.4K | 753.6K | 1.5M | 1.6M | |
Total Stockholder Equity | 516.5K | 437.9K | 799.0K | 1.3M | (840.6K) | (798.6K) | |
Net Debt | (631.0K) | (641.6K) | (464.5K) | (1.2M) | 426.6K | 447.9K | |
Retained Earnings | (10.4M) | (12.6M) | (15.0M) | (17.4M) | (20.5M) | (19.4M) | |
Accounts Payable | 118.5K | 105.3K | 104.7K | 186.2K | 253.8K | 132.7K | |
Cash | 738.8K | 651.1K | 1.2M | 1.8M | 282.7K | 268.6K | |
Cash And Short Term Investments | 738.8K | 651.1K | 1.2M | 1.8M | 282.7K | 268.6K | |
Net Receivables | 113.4K | 161.0K | 124.0K | 77.4K | 152.7K | 160.4K | |
Common Stock Shares Outstanding | 541.6M | 563.7M | 576.3M | 586.2M | 597.8M | 627.7M | |
Liabilities And Stockholders Equity | 982.1K | 876.9K | 2.0M | 2.5M | 929.7K | 883.2K | |
Other Current Assets | 39.4K | 64.8K | 30.7K | 47.4K | 38.3K | 34.9K | |
Total Liab | 465.6K | 439.0K | 1.2M | 1.2M | 1.8M | 1.9M | |
Total Current Assets | 891.6K | 876.9K | 1.3M | 1.9M | 473.8K | 450.1K | |
Common Stock | 9.3M | 11.1M | 13.4M | 16.2M | 17.1M | 10.3M | |
Other Current Liab | 153.9K | 223.7K | 306.0K | 312.3K | 532.4K | 559.0K | |
Other Liab | 29.6K | 44.7K | 24.6K | 11.3K | 13.0K | 16.4K | |
Property Plant And Equipment Net | 6.9K | 90.5K | 651.3K | 498.0K | 344.8K | 327.6K | |
Non Current Assets Total | 19.7K | 90.5K | 651.3K | 609.1K | 455.9K | 433.1K | |
Non Currrent Assets Other | (19.7K) | (90.5K) | (651.3K) | (498.0K) | (448.2K) | (425.8K) | |
Non Current Liabilities Total | 38.3K | 44.7K | 596.5K | 418.8K | 272.0K | 285.6K | |
Property Plant And Equipment Gross | 14.5K | 6.9K | 90.5K | 804.5K | 724.1K | 1.3M | |
Accumulated Other Comprehensive Income | 1.6M | 1.9M | 2.3M | 2.5M | 2.6M | 2.7M | |
Property Plant Equipment | 90.5K | 0.0 | 651.3K | 498.0K | 448.2K | 425.8K | |
Short Term Debt | 99.1K | 9.5K | 154.5K | 164.4K | 476.6K | 500.4K | |
Net Tangible Assets | 516.5K | 437.9K | 799.0K | 1.3M | 1.2M | 1.2M | |
Other Stockholder Equity | 1.6M | 1.9M | 2.3M | 1.0 | 1.15 | 1.09 | |
Short Long Term Debt Total | 107.8K | 9.5K | 726.5K | 571.9K | 709.3K | 744.8K | |
Current Deferred Revenue | 55.8K | 55.8K | 36.2K | 90.6K | 235.5K | 247.3K | |
Long Term Debt Total | 8.7K | 0.0 | 572.0K | 407.5K | 468.6K | 492.1K | |
Capital Lease Obligations | 107.8K | 9.5K | 726.5K | 571.9K | 407.5K | 269.9K | |
Net Invested Capital | 516.5K | 437.9K | 799.0K | 1.3M | (538.8K) | (511.9K) | |
Cash And Equivalents | 146.9K | 132.5K | 738.8K | 651.1K | 748.8K | 409.7K | |
Net Working Capital | 464.3K | 482.6K | 744.3K | 1.2M | (1.0M) | (973.3K) |
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When running Iodm's price analysis, check to measure Iodm'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 Iodm is operating at the current time. Most of Iodm's value examination focuses on studying past and present price action to predict the probability of Iodm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iodm's price. Additionally, you may evaluate how the addition of Iodm to your portfolios can decrease your overall portfolio volatility.