IperionX Sale Purchase Of Stock vs Depreciation Analysis

IPX Stock  USD 29.10  0.28  0.95%   
IperionX Limited financial indicator trend analysis is infinitely more than just investigating IperionX Limited American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IperionX Limited American is a good investment. Please check the relationship between IperionX Limited Sale Purchase Of Stock and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IperionX Limited American. 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.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IperionX Limited American Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IperionX Limited's Sale Purchase Of Stock and Depreciation is 0.47. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation in the same time period over historical financial statements of IperionX Limited American, assuming nothing else is changed. The correlation between historical values of IperionX Limited's Sale Purchase Of Stock 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 Sale Purchase Of Stock of IperionX Limited American 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 Sale Purchase Of Stock i.e., IperionX Limited's Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of IperionX Limited American value has been used up. For tax purposes IperionX Limited can deduct the cost of the tangible assets it purchases as business expenses. However, IperionX Limited American 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 IperionX Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IperionX Limited American 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 IperionX Limited American. 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.
At this time, IperionX Limited's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 299.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.2 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization211.6K634.1K657.2K690.0K
Interest Income24.0K139.7K546.0K573.3K

IperionX Limited fundamental ratios Correlations

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1.00.940.921.00.980.99-1.0-0.910.751.00.94-0.160.950.860.370.960.931.01.00.980.980.950.990.840.92
0.930.80.80.940.860.96-0.95-0.750.670.950.79-0.150.950.760.411.00.810.980.970.990.880.830.940.671.0
0.890.850.940.870.860.89-0.86-0.940.870.860.90.280.860.76-0.130.780.960.850.850.810.920.930.910.920.72
0.340.360.070.370.360.27-0.38-0.11-0.210.370.25-0.820.370.41-0.130.390.070.370.380.40.270.190.270.030.42
0.940.810.820.940.870.96-0.95-0.760.690.960.8-0.130.961.00.780.390.830.980.970.990.890.840.950.690.99
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0.990.920.910.990.960.99-1.0-0.890.741.00.92-0.161.00.970.850.380.970.921.00.990.970.940.990.820.94
0.970.870.860.970.920.98-0.98-0.820.710.980.85-0.160.980.990.810.40.990.871.00.990.930.890.970.750.98
0.990.980.960.990.990.97-0.98-0.970.790.980.98-0.10.980.880.920.270.890.970.960.970.930.990.980.920.84
0.970.970.980.960.980.95-0.95-0.980.830.950.98-0.090.950.830.930.190.840.990.930.940.890.990.970.930.79
0.990.930.950.990.971.0-0.99-0.930.810.990.94-0.080.990.940.910.270.950.960.990.990.970.980.970.860.91
0.870.910.910.860.90.83-0.85-0.970.750.840.940.10.840.670.920.030.690.930.80.820.750.920.930.860.61
0.90.750.760.910.820.93-0.92-0.70.640.920.73-0.160.921.00.720.420.990.770.960.940.980.840.790.910.61
Click cells to compare fundamentals

IperionX Limited Account Relationship Matchups

IperionX Limited fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0M3.7M9.9M34.3M55.4M58.2M
Other Current Liab18.1K(81.1K)268.0K1.4M1.3M1.4M
Total Current Liabilities65.0K368.0K2.1M2.5M3.1M3.2M
Total Stockholder Equity2.0M1.8M7.4M30.9M51.3M53.9M
Net Tangible Assets2.9M1.8M7.4M20.6M23.6M24.8M
Property Plant And Equipment Net862.8K1.0M3.8M6.0M13.9M14.6M
Net Debt(1.1M)(1.2M)(5.1M)(16.5M)(31.7M)(30.1M)
Retained Earnings(2.0M)(13.2M)(34.8M)(78.4M)(73.9M)(70.2M)
Accounts Payable3.8K286.8K1.7M711.0K1.3M1.4M
Cash1.1M1.7M5.7M17.9M33.2M34.8M
Non Current Assets Total862.8K1.0M4.1M15.1M13.9M14.6M
Cash And Short Term Investments1.1M1.7M5.7M17.9M33.2M34.8M
Net Receivables29.2K341.022.5K228.4K2.3M2.4M
Common Stock Shares Outstanding3.1M132.0M134.6M168.0M217.8M228.7M
Liabilities And Stockholders Equity2.0M3.7M9.9M34.3M55.4M58.2M
Non Current Liabilities Total21.7K394.5K408.8K890.4K1.0M1.1M
Inventory(27.16)(33.58)(65.4K)(65.5K)16.9K17.8K
Other Current Assets17.1K49.4K144.2K588.4K6.1M6.4M
Total Liab65.0K762.5K2.5M3.4M4.1M4.3M
Net Invested Capital2.0M1.8M8.0M20.6M51.4M53.9M
Total Current Assets1.2M1.7M5.8M19.2M41.5M43.6M
Accumulated Other Comprehensive Income841.1K4.7M12.4M21.0M12.3M8.3M
Net Working Capital1.1M1.1M3.8M11.1M38.5M40.4M
Common Stock3.1M10.3M29.8M88.3M113.0M118.6M
Property Plant Equipment1.3M1.0M3.8M7.0M8.1M8.5M
Capital Stock3.1M10.3M29.8M58.8M113.0M118.6M

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