InsuraGuest Accounts Payable vs Short Term Investments Analysis

ISGI Stock

CAD 0.03 0.01 25.00%

InsuraGuest Technologies financial indicator trend analysis is infinitely more than just investigating InsuraGuest Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InsuraGuest Technologies is a good investment. Please check the relationship between InsuraGuest Technologies Accounts Payable and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InsuraGuest Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Short Term Investments

Accounts Payable vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InsuraGuest Technologies Accounts Payable account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between InsuraGuest Technologies' Accounts Payable and Short Term Investments is 0.66. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of InsuraGuest Technologies, assuming nothing else is changed. The correlation between historical values of InsuraGuest Technologies' Accounts Payable and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of InsuraGuest Technologies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Accounts Payable i.e., InsuraGuest Technologies' Accounts Payable and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents InsuraGuest Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of InsuraGuest Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Investments

Short Term Investments is an item under the current assets section of InsuraGuest Technologies balance sheet. It contains any investments InsuraGuest Technologies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that InsuraGuest Technologies can easily liquidate in the marketplace.

Most indicators from InsuraGuest Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InsuraGuest Technologies 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 InsuraGuest Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Selling General Administrative is likely to climb to about 1.4 M in 2024, despite the fact that Issuance Of Capital Stock is likely to grow to (37.2 K).

	2021	2023	2024 (projected)
Reconciled Depreciation	25.1K	28.8K	25.9K
Cost Of Revenue	96.2K	329.1K	345.6K

Reconciled Depreciation Cost Of Revenue

InsuraGuest Technologies fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Net Invested Capital	Long Term Investments	Total Current Assets	Net Working Capital	Net Tangible Assets	Accounts Payable	Non Currrent Assets Other	Other Stockholder Equity	Common Stock	Property Plant And Equipment Net	Capital Stock	Other Assets	Intangible Assets	Property Plant Equipment	Other Current Liab	Other Current Assets
Total Assets		0.4	0.7	-0.62	0.97	0.81	0.53	0.69	0.12	0.36	0.7	-0.13	0.97	0.65	0.65	0.62	0.26	0.89	0.63	0.66	0.55	0.41	-0.34	-0.13	-0.27	-0.13
Total Current Liabilities	0.4		-0.3	-0.62	0.32	0.62	0.83	0.71	0.33	0.97	-0.3	-0.27	0.32	-0.37	0.09	0.76	0.31	0.55	0.64	0.78	0.58	0.46	-0.49	-0.27	-0.45	-0.27
Total Stockholder Equity	0.7	-0.3		-0.16	0.79	0.35	0.0	0.18	-0.21	-0.36	1.0	0.32	0.76	1.0	0.49	0.07	-0.04	0.46	0.07	0.08	0.11	0.01	0.06	0.32	0.16	0.32
Retained Earnings	-0.62	-0.62	-0.16		-0.53	-0.36	-0.88	-0.91	-0.78	-0.53	-0.16	0.46	-0.53	-0.14	-0.69	-0.92	-0.68	-0.8	-0.93	-0.89	-0.93	-0.8	0.88	0.46	0.84	0.46
Cash	0.97	0.32	0.79	-0.53		0.76	0.47	0.63	0.01	0.28	0.79	0.07	0.98	0.74	0.6	0.55	0.17	0.83	0.51	0.58	0.49	0.31	-0.25	0.07	-0.16	0.07
Non Current Assets Total	0.81	0.62	0.35	-0.36	0.76		0.48	0.45	-0.19	0.6	0.35	-0.09	0.74	0.26	0.2	0.42	-0.05	0.66	0.38	0.5	0.23	0.12	-0.01	-0.09	0.04	-0.09
Net Receivables	0.53	0.83	0.0	-0.88	0.47	0.48		0.83	0.64	0.72	0.0	-0.33	0.44	-0.05	0.33	0.85	0.5	0.63	0.79	0.86	0.78	0.64	-0.69	-0.33	-0.68	-0.33
Common Stock Shares Outstanding	0.69	0.71	0.18	-0.91	0.63	0.45	0.83		0.64	0.67	0.18	-0.35	0.66	0.15	0.72	0.99	0.71	0.89	0.94	0.98	0.96	0.83	-0.87	-0.35	-0.78	-0.35
Short Term Investments	0.12	0.33	-0.21	-0.78	0.01	-0.19	0.64	0.64		0.27	-0.21	-0.67	0.02	-0.18	0.52	0.66	0.78	0.36	0.78	0.63	0.8	0.8	-0.88	-0.67	-0.96	-0.67
Total Liab	0.36	0.97	-0.36	-0.53	0.28	0.6	0.72	0.67	0.27		-0.36	-0.29	0.31	-0.43	0.1	0.72	0.29	0.53	0.62	0.75	0.54	0.43	-0.46	-0.29	-0.43	-0.29
Net Invested Capital	0.7	-0.3	1.0	-0.16	0.79	0.35	0.0	0.18	-0.21	-0.36		0.32	0.76	1.0	0.49	0.07	-0.04	0.46	0.07	0.08	0.11	0.01	0.06	0.32	0.16	0.32
Long Term Investments	-0.13	-0.27	0.32	0.46	0.07	-0.09	-0.33	-0.35	-0.67	-0.29	0.32		0.03	0.32	-0.42	-0.39	-0.68	-0.31	-0.62	-0.46	-0.46	-0.69	0.54	1.0	0.63	1.0
Total Current Assets	0.97	0.32	0.76	-0.53	0.98	0.74	0.44	0.66	0.02	0.31	0.76	0.03		0.71	0.66	0.57	0.22	0.86	0.55	0.6	0.52	0.35	-0.3	0.03	-0.2	0.03
Net Working Capital	0.65	-0.37	1.0	-0.14	0.74	0.26	-0.05	0.15	-0.18	-0.43	1.0	0.32	0.71		0.5	0.04	-0.02	0.42	0.04	0.04	0.1	0.01	0.06	0.32	0.15	0.32
Net Tangible Assets	0.65	0.09	0.49	-0.69	0.6	0.2	0.33	0.72	0.52	0.1	0.49	-0.42	0.66	0.5		0.67	0.72	0.83	0.76	0.65	0.76	0.76	-0.73	-0.42	-0.62	-0.42
Accounts Payable	0.62	0.76	0.07	-0.92	0.55	0.42	0.85	0.99	0.66	0.72	0.07	-0.39	0.57	0.04	0.67		0.73	0.86	0.94	0.98	0.96	0.84	-0.89	-0.39	-0.79	-0.39
Non Currrent Assets Other	0.26	0.31	-0.04	-0.68	0.17	-0.05	0.5	0.71	0.78	0.29	-0.04	-0.68	0.22	-0.02	0.72	0.73		0.58	0.77	0.75	0.83	0.98	-0.86	-0.68	-0.79	-0.68
Other Stockholder Equity	0.89	0.55	0.46	-0.8	0.83	0.66	0.63	0.89	0.36	0.53	0.46	-0.31	0.86	0.42	0.83	0.86	0.58		0.84	0.87	0.8	0.71	-0.67	-0.31	-0.53	-0.31
Common Stock	0.63	0.64	0.07	-0.93	0.51	0.38	0.79	0.94	0.78	0.62	0.07	-0.62	0.55	0.04	0.76	0.94	0.77	0.84		0.94	0.96	0.89	-0.91	-0.62	-0.89	-0.62
Property Plant And Equipment Net	0.66	0.78	0.08	-0.89	0.58	0.5	0.86	0.98	0.63	0.75	0.08	-0.46	0.6	0.04	0.65	0.98	0.75	0.87	0.94		0.94	0.86	-0.84	-0.46	-0.75	-0.46
Capital Stock	0.55	0.58	0.11	-0.93	0.49	0.23	0.78	0.96	0.8	0.54	0.11	-0.46	0.52	0.1	0.76	0.96	0.83	0.8	0.96	0.94		0.91	-0.96	-0.46	-0.9	-0.46
Other Assets	0.41	0.46	0.01	-0.8	0.31	0.12	0.64	0.83	0.8	0.43	0.01	-0.69	0.35	0.01	0.76	0.84	0.98	0.71	0.89	0.86	0.91		-0.91	-0.69	-0.84	-0.69
Intangible Assets	-0.34	-0.49	0.06	0.88	-0.25	-0.01	-0.69	-0.87	-0.88	-0.46	0.06	0.54	-0.3	0.06	-0.73	-0.89	-0.86	-0.67	-0.91	-0.84	-0.96	-0.91		0.54	0.95	0.54
Property Plant Equipment	-0.13	-0.27	0.32	0.46	0.07	-0.09	-0.33	-0.35	-0.67	-0.29	0.32	1.0	0.03	0.32	-0.42	-0.39	-0.68	-0.31	-0.62	-0.46	-0.46	-0.69	0.54		0.63	1.0
Other Current Liab	-0.27	-0.45	0.16	0.84	-0.16	0.04	-0.68	-0.78	-0.96	-0.43	0.16	0.63	-0.2	0.15	-0.62	-0.79	-0.79	-0.53	-0.89	-0.75	-0.9	-0.84	0.95	0.63		0.63
Other Current Assets	-0.13	-0.27	0.32	0.46	0.07	-0.09	-0.33	-0.35	-0.67	-0.29	0.32	1.0	0.03	0.32	-0.42	-0.39	-0.68	-0.31	-0.62	-0.46	-0.46	-0.69	0.54	1.0	0.63

Click cells to compare fundamentals

InsuraGuest Technologies Account Relationship Matchups

InsuraGuest Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	562.7K	1.1M	720.1K	199.2K	229.1K	441.6K
Total Current Liabilities	863.9K	205.4K	266.3K	466.6K	536.6K	327.4K
Total Stockholder Equity	(301.2K)	930.9K	453.8K	(267.4K)	(307.5K)	(292.1K)
Retained Earnings	(4.8M)	(6.3M)	(7.6M)	(8.3M)	(7.5M)	(7.1M)
Cash	362.3K	870.0K	567.8K	88.7K	102.0K	96.9K
Non Current Assets Total	136.8K	117.7K	56.3K	31.2K	35.9K	70.0K
Net Receivables	27.2K	15.7K	25.4K	22.3K	25.6K	19.4K
Common Stock Shares Outstanding	10.0M	41.4M	52.8M	59.3M	68.2M	36.7M
Total Liab	863.9K	205.4K	266.3K	466.6K	536.6K	371.9K
Net Invested Capital	(301.2K)	930.9K	453.8K	(267.4K)	(307.5K)	(292.1K)
Total Current Assets	425.9K	1.0M	663.8K	168.0K	193.2K	183.6K
Net Working Capital	(438.0K)	813.2K	397.5K	(298.6K)	(343.4K)	(326.2K)
Net Tangible Assets	150.3K	(404.9K)	849.6K	397.5K	457.2K	480.0K
Accounts Payable	133.8K	145.3K	153.1K	200.0K	230.0K	116.8K
Other Stockholder Equity	226.4K	695.3K	1.7M	823.8K	947.3K	753.6K
Common Stock	786.6K	3.8M	5.5M	7.2M	8.3M	8.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for InsuraGuest Stock Analysis

When running InsuraGuest Technologies' price analysis, check to measure InsuraGuest Technologies' 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 InsuraGuest Technologies is operating at the current time. Most of InsuraGuest Technologies' value examination focuses on studying past and present price action to predict the probability of InsuraGuest Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InsuraGuest Technologies' price. Additionally, you may evaluate how the addition of InsuraGuest Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC