InPlay Oil financial indicator trend analysis is infinitely more than just investigating InPlay Oil Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InPlay Oil Corp is a good investment. Please check the relationship between InPlay Oil Stock Based Compensation and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InPlay Oil Corp. 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.
Stock Based Compensation vs Depreciation
Stock Based Compensation vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InPlay Oil Corp Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between InPlay Oil's Stock Based Compensation and Depreciation is 0.06. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of InPlay Oil Corp, assuming nothing else is changed. The correlation between historical values of InPlay Oil's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of InPlay Oil Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., InPlay Oil's Stock Based Compensation and Depreciation go up and down completely randomly.
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Depreciation
Depreciation indicates how much of InPlay Oil Corp value has been used up. For tax purposes InPlay Oil can deduct the cost of the tangible assets it purchases as business expenses. However, InPlay Oil Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from InPlay Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InPlay Oil Corp 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 InPlay Oil Corp. 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.
Balance Sheet is a snapshot of the financial position of InPlay Oil Corp at a specified time, usually calculated after every quarter, six months, or one year. InPlay Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of InPlay Oil and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which InPlay currently owns. An asset can also be divided into two categories, current and non-current.