Immunoprecise Net Debt vs Net Tangible Assets Analysis
IPA Stock | USD 0.38 0.03 8.57% |
Immunoprecise Antibodies financial indicator trend analysis is infinitely more than just investigating Immunoprecise Antibodies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immunoprecise Antibodies is a good investment. Please check the relationship between Immunoprecise Antibodies Net Debt and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunoprecise Antibodies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Immunoprecise Stock refer to our How to Trade Immunoprecise Stock guide.
Net Debt vs Net Tangible Assets
Net Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immunoprecise Antibodies Net Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Immunoprecise Antibodies' Net Debt and Net Tangible Assets is -0.83. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Immunoprecise Antibodies, assuming nothing else is changed. The correlation between historical values of Immunoprecise Antibodies' Net Debt and Net Tangible Assets 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 Debt of Immunoprecise Antibodies are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Debt i.e., Immunoprecise Antibodies' Net Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Immunoprecise Antibodies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immunoprecise Antibodies 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 Immunoprecise Antibodies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Immunoprecise Stock refer to our How to Trade Immunoprecise Stock guide.At present, Immunoprecise Antibodies' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.74, whereas Tax Provision is projected to grow to (1.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.0M | 11.6M | 12.1M | 12.7M | Total Revenue | 19.4M | 20.7M | 24.5M | 25.7M |
Immunoprecise Antibodies fundamental ratios Correlations
Click cells to compare fundamentals
Immunoprecise Antibodies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Immunoprecise Antibodies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 27.3M | 67.0M | 93.5M | 77.8M | 60.0M | 63.0M | |
Other Current Liab | 1.8M | 3.3M | 2.6M | 2.3M | 1.9M | 2.0M | |
Total Current Liabilities | 7.9M | 6.1M | 9.3M | 5.9M | 8.1M | 8.5M | |
Total Stockholder Equity | 15.1M | 56.9M | 75.3M | 57.8M | 33.9M | 35.6M | |
Property Plant And Equipment Net | 3.2M | 4.1M | 3.7M | 10.7M | 16.7M | 17.5M | |
Net Debt | 1.9M | (38.3M) | (27.4M) | (1.0M) | 10.2M | 10.7M | |
Retained Earnings | (22.5M) | (29.8M) | (46.5M) | (73.1M) | (100.3M) | (95.3M) | |
Accounts Payable | 1.8M | 1.3M | 3.9M | 2.5M | 4.1M | 4.3M | |
Cash | 2.6M | 41.8M | 30.0M | 8.3M | 3.5M | 4.0M | |
Non Current Assets Total | 19.6M | 18.1M | 56.0M | 61.0M | 48.5M | 50.9M | |
Cash And Short Term Investments | 2.6M | 41.8M | 30.0M | 8.3M | 3.5M | 4.1M | |
Net Receivables | 3.7M | 3.6M | 3.4M | 3.9M | 4.5M | 4.7M | |
Common Stock Shares Outstanding | 13.6M | 16.5M | 19.7M | 24.9M | 25.6M | 26.9M | |
Liabilities And Stockholders Equity | 27.3M | 67.0M | 93.5M | 77.8M | 60.0M | 63.0M | |
Other Current Assets | 614.0K | 2.3M | 2.5M | 2.6M | 1.4M | 1.5M | |
Other Stockholder Equity | 3.5M | 7.2M | 9.6M | 10.8M | 12.4M | 9.3M | |
Total Liab | 12.2M | 10.0M | 18.2M | 20.0M | 26.1M | 27.4M | |
Total Current Assets | 7.7M | 48.9M | 37.5M | 16.8M | 11.5M | 6.0M | |
Non Current Liabilities Total | 4.2M | 4.0M | 8.9M | 14.1M | 17.9M | 18.8M | |
Non Currrent Assets Other | 85.1K | 79K | 82K | 86K | 561K | 822.8K | |
Short Long Term Debt Total | 4.5M | 3.5M | 2.5M | 7.3M | 13.7M | 14.4M | |
Property Plant And Equipment Gross | 3.1M | 4.1M | 9.4M | 17.1M | 21.5M | 22.6M | |
Accumulated Other Comprehensive Income | (300.2K) | (687K) | (2.5M) | 2.6M | 2.0M | 2.1M | |
Short Term Debt | 2.9M | 986K | 2.3M | 1.1M | 1.6M | 1.1M | |
Inventory | 818.6K | 1.2M | 1.6M | 2.1M | 2.1M | 2.2M | |
Current Deferred Revenue | 1.5M | 1.1M | 1.0M | 977K | 1.4M | 1.4M | |
Intangible Assets | 8.3M | 6.1M | 32.4M | 30.9M | 23.6M | 15.6M | |
Common Stock | 34.1M | 80.1M | 114.6M | 117.5M | 119.8M | 125.8M | |
Net Tangible Assets | (1.0M) | 43.1M | 23.2M | 7.7M | 8.9M | 12.5M | |
Net Invested Capital | 17.7M | 58.5M | 76.6M | 57.8M | 33.9M | 39.2M | |
Net Working Capital | (230.3K) | 42.8M | 28.2M | 10.9M | 3.4M | 3.2M | |
Property Plant Equipment | 3.1M | 4.0M | 3.3M | 10.4M | 12.0M | 12.5M | |
Other Liab | 2.6M | 1.5M | 8.6M | 7.9M | 9.1M | 5.1M | |
Other Assets | 287.6K | 163K | 476K | 437K | 393.3K | 373.6K | |
Good Will | 7.9M | 7.8M | 19.7M | 19.2M | 7.7M | 11.8M | |
Capital Lease Obligations | 1.9M | 1.9M | 1.2M | 7.3M | 13.7M | 14.4M |
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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 Immunoprecise Antibodies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Immunoprecise Antibodies' 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 Immunoprecise Antibodies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Immunoprecise Antibodies Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunoprecise Antibodies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Immunoprecise Stock refer to our How to Trade Immunoprecise Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 Immunoprecise Antibodies. If investors know Immunoprecise 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 Immunoprecise Antibodies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.77) | Revenue Per Share 0.921 | Quarterly Revenue Growth (0.07) | Return On Assets (0.13) | Return On Equity (0.64) |
The market value of Immunoprecise Antibodies is measured differently than its book value, which is the value of Immunoprecise that is recorded on the company's balance sheet. Investors also form their own opinion of Immunoprecise Antibodies' value that differs from its market value or its book value, called intrinsic value, which is Immunoprecise Antibodies' 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 Immunoprecise Antibodies' market value can be influenced by many factors that don't directly affect Immunoprecise Antibodies' 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 Immunoprecise Antibodies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Immunoprecise Antibodies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immunoprecise Antibodies' 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.