Iovance Net Income vs Other Non Cash Items Analysis
IOVA Stock | USD 9.40 0.28 3.07% |
Iovance Biotherapeutics financial indicator trend analysis is infinitely more than just investigating Iovance Biotherapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iovance Biotherapeutics is a good investment. Please check the relationship between Iovance Biotherapeutics Net Income and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iovance Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Iovance Stock refer to our How to Trade Iovance Stock guide.
Net Income vs Other Non Cash Items
Net Income vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iovance Biotherapeutics Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Iovance Biotherapeutics' Net Income and Other Non Cash Items is 0.28. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Iovance Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Iovance Biotherapeutics' Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Iovance Biotherapeutics are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Iovance Biotherapeutics' Net Income and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Iovance Biotherapeutics financial statement analysis. It represents the amount of money remaining after all of Iovance Biotherapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Non Cash Items
Most indicators from Iovance Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iovance Biotherapeutics 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 Iovance Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Iovance Stock refer to our How to Trade Iovance Stock guide.At present, Iovance Biotherapeutics' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.8 B, whereas Tax Provision is projected to grow to (3.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 451K | 3.0M | 11.6M | 12.2M | Interest Income | 451K | 3.0M | 11.6M | 12.2M |
Iovance Biotherapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Iovance Biotherapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iovance Biotherapeutics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 344.7M | 768.5M | 777.3M | 664.0M | 780.4M | 819.4M | |
Other Current Liab | 16.3M | 28.8M | 51.7M | 39.7M | 61.6M | 64.7M | |
Total Current Liabilities | 39.1M | 54.9M | 89.2M | 91.5M | 110.3M | 115.8M | |
Total Stockholder Equity | 299.0M | 656.5M | 621.7M | 499.6M | 584.6M | 613.8M | |
Property Plant And Equipment Net | 19.2M | 113.9M | 169.9M | 178.2M | 176.5M | 185.4M | |
Net Debt | (2.5M) | (15.7M) | (6.7M) | (147.3M) | (39.0M) | (41.0M) | |
Retained Earnings | (570.6M) | (830.2M) | (1.2B) | (1.6B) | (2.0B) | (1.9B) | |
Cash | 14.0M | 67.3M | 78.2M | 231.7M | 114.9M | 73.6M | |
Non Current Assets Total | 32.1M | 132.4M | 269.4M | 6.4M | 472.5M | 496.1M | |
Cash And Short Term Investments | 307.1M | 629.4M | 596.0M | 471.8M | 279.9M | 237.2M | |
Common Stock Shares Outstanding | 124.3M | 138.3M | 153.4M | 159.3M | 235.1M | 246.9M | |
Liabilities And Stockholders Equity | 344.7M | 768.5M | 777.3M | 664.0M | 780.4M | 819.4M | |
Other Current Assets | 9.4M | 13.3M | 7.1M | 7.3M | 17.5M | 18.3M | |
Other Stockholder Equity | 869.4M | 1.5B | 1.8B | 2.1B | 2.6B | 2.7B | |
Total Liab | 45.7M | 112.0M | 155.7M | 164.3M | 195.7M | 205.5M | |
Property Plant And Equipment Gross | 19.2M | 113.9M | 178.6M | 195.0M | 204.5M | 214.7M | |
Total Current Assets | 312.5M | 636.1M | 508.0M | 471.8M | 307.8M | 218.7M | |
Accounts Payable | 15.6M | 13.5M | 27.4M | 26.6M | 33.1M | 34.8M | |
Non Currrent Assets Other | 7.4M | 12.9M | 7.9M | (178.2M) | 66.7M | 70.0M | |
Net Tangible Assets | 299.0M | 656.5M | 621.7M | 499.6M | 574.6M | 603.3M | |
Other Assets | 8.9M | 73.2M | 777.3M | 185.7M | 213.6M | 224.2M | |
Retained Earnings Total Equity | (372.8M) | (570.6M) | (830.2M) | (1.2B) | (1.1B) | (1.0B) | |
Short Term Investments | 293.1M | 562.1M | 426.2M | 240.1M | 165.0M | 188.1M | |
Capital Surpluse | 839.0M | 869.4M | 1.5B | 1.8B | 2.1B | 2.2B | |
Preferred Stock Total Equity | 7K | 6K | 4K | 3K | 3.5K | 3.2K | |
Accumulated Other Comprehensive Income | 220K | 19K | (601K) | (902K) | 2.5M | 2.7M | |
Property Plant Equipment | 8.5M | 59.2M | 100.9M | 178.2M | 205.0M | 215.2M | |
Non Current Liabilities Total | 6.6M | 57.1M | 66.5M | 84.4M | 85.4M | 89.7M | |
Net Invested Capital | 299.0M | 656.5M | 622.7M | 500.6M | 585.6M | 514.8M | |
Net Working Capital | 277.4M | 581.2M | 418.8M | 387.6M | 197.5M | 387.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Iovance Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iovance Biotherapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iovance Biotherapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iovance Biotherapeutics Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iovance Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Iovance Stock refer to our How to Trade Iovance Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iovance Biotherapeutics. If investors know Iovance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iovance Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.48) | Revenue Per Share 0.327 | Quarterly Revenue Growth 123.851 | Return On Assets (0.29) | Return On Equity (0.57) |
The market value of Iovance Biotherapeutics is measured differently than its book value, which is the value of Iovance that is recorded on the company's balance sheet. Investors also form their own opinion of Iovance Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Iovance Biotherapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iovance Biotherapeutics' market value can be influenced by many factors that don't directly affect Iovance Biotherapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iovance Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iovance Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iovance Biotherapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.