ITM Cash vs Retained Earnings Analysis

ITM Stock

30.85 0.40 1.28%

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

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITM Power Cash account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between ITM Power's Cash and Retained Earnings is -0.89. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of ITM Power, assuming nothing else is changed. The correlation between historical values of ITM Power's Cash and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of ITM Power are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., ITM Power's Cash and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of ITM Power, which is listed under current asset account on ITM Power balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ITM Power customers. The amounts must be unrestricted with restricted cash listed in a different ITM Power account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

The current year's Tax Provision is expected to grow to about 201.7 K, whereas Selling General Administrative is forecasted to decline to about 3.4 M.

	2022	2023	2024	2025 (projected)
Cost Of Revenue	88.2M	33.2M	38.1M	40.1M
Research Development	1.1M	2.6M	2.3M	2.7M

Cost Of Revenue Research Development

ITM Power fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Net Receivables	Property Plant Equipment
Total Assets		0.81	0.95	0.99	0.93	-0.95	-0.94	0.91	0.99	0.96	0.58	0.99	0.89	0.95	-0.48	0.31	0.99	0.94	0.88	1.0	-0.71	0.92	0.73	0.88	0.72	0.97
Other Current Liab	0.81		0.94	0.75	0.96	-0.59	-0.86	0.91	0.71	0.94	0.4	0.71	0.78	0.85	-0.6	-0.03	0.85	0.92	0.99	0.79	-0.34	0.81	0.91	0.96	0.95	0.82
Total Current Liabilities	0.95	0.94		0.9	0.99	-0.8	-0.97	0.95	0.88	0.99	0.5	0.88	0.88	0.95	-0.56	0.18	0.97	1.0	0.97	0.93	-0.55	0.91	0.85	0.98	0.86	0.93
Total Stockholder Equity	0.99	0.75	0.9		0.88	-0.97	-0.9	0.88	1.0	0.92	0.6	1.0	0.88	0.93	-0.44	0.35	0.98	0.89	0.82	1.0	-0.75	0.91	0.66	0.82	0.66	0.95
Property Plant And Equipment Net	0.93	0.96	0.99	0.88		-0.77	-0.95	0.92	0.85	1.0	0.53	0.85	0.89	0.95	-0.58	0.12	0.96	0.98	0.99	0.91	-0.55	0.91	0.87	0.97	0.89	0.94
Net Debt	-0.95	-0.59	-0.8	-0.97	-0.77		0.84	-0.78	-0.98	-0.82	-0.6	-0.98	-0.81	-0.86	0.35	-0.43	-0.91	-0.8	-0.69	-0.96	0.8	-0.84	-0.51	-0.7	-0.5	-0.89
Retained Earnings	-0.94	-0.86	-0.97	-0.9	-0.95	0.84		-0.88	-0.89	-0.96	-0.52	-0.89	-0.89	-0.95	0.53	-0.25	-0.96	-0.97	-0.92	-0.93	0.61	-0.92	-0.81	-0.93	-0.79	-0.94
Accounts Payable	0.91	0.91	0.95	0.88	0.92	-0.78	-0.88		0.86	0.94	0.45	0.86	0.82	0.89	-0.55	0.19	0.93	0.92	0.92	0.9	-0.47	0.86	0.84	0.92	0.85	0.87
Cash	0.99	0.71	0.88	1.0	0.85	-0.98	-0.89	0.86		0.9	0.61	1.0	0.86	0.91	-0.41	0.36	0.97	0.87	0.79	0.99	-0.77	0.89	0.63	0.8	0.61	0.94
Non Current Assets Total	0.96	0.94	0.99	0.92	1.0	-0.82	-0.96	0.94	0.9		0.55	0.9	0.89	0.96	-0.56	0.16	0.98	0.99	0.98	0.94	-0.6	0.92	0.85	0.97	0.86	0.95
Non Currrent Assets Other	0.58	0.4	0.5	0.6	0.53	-0.6	-0.52	0.45	0.61	0.55		0.61	0.5	0.52	-0.55	0.11	0.57	0.5	0.49	0.59	-0.73	0.51	0.26	0.45	0.29	0.6
Cash And Short Term Investments	0.99	0.71	0.88	1.0	0.85	-0.98	-0.89	0.86	1.0	0.9	0.61		0.86	0.91	-0.41	0.36	0.97	0.87	0.79	0.99	-0.77	0.89	0.63	0.8	0.61	0.94
Common Stock Total Equity	0.89	0.78	0.88	0.88	0.89	-0.81	-0.89	0.82	0.86	0.89	0.5	0.86		0.98	-0.53	0.52	0.9	0.86	0.83	0.89	-0.71	1.0	0.75	0.78	0.78	0.96
Common Stock Shares Outstanding	0.95	0.85	0.95	0.93	0.95	-0.86	-0.95	0.89	0.91	0.96	0.52	0.91	0.98		-0.56	0.42	0.96	0.94	0.9	0.95	-0.69	0.99	0.77	0.87	0.82	0.99
Short Term Investments	-0.48	-0.6	-0.56	-0.44	-0.58	0.35	0.53	-0.55	-0.41	-0.56	-0.55	-0.41	-0.53	-0.56		-0.12	-0.5	-0.55	-0.59	-0.46	0.32	-0.54	-0.44	-0.55	-0.64	-0.51
Other Current Assets	0.31	-0.03	0.18	0.35	0.12	-0.43	-0.25	0.19	0.36	0.16	0.11	0.36	0.52	0.42	-0.12		0.26	0.16	0.02	0.33	-0.52	0.48	-0.04	-0.02	0.08	0.39
Other Stockholder Equity	0.99	0.85	0.97	0.98	0.96	-0.91	-0.96	0.93	0.97	0.98	0.57	0.97	0.9	0.96	-0.5	0.26		0.97	0.92	0.99	-0.67	0.93	0.78	0.92	0.77	0.97
Total Liab	0.94	0.92	1.0	0.89	0.98	-0.8	-0.97	0.92	0.87	0.99	0.5	0.87	0.86	0.94	-0.55	0.16	0.97		0.96	0.93	-0.55	0.9	0.84	0.98	0.83	0.92
Property Plant And Equipment Gross	0.88	0.99	0.97	0.82	0.99	-0.69	-0.92	0.92	0.79	0.98	0.49	0.79	0.83	0.9	-0.59	0.02	0.92	0.96		0.86	-0.46	0.86	0.9	0.98	0.92	0.89
Total Current Assets	1.0	0.79	0.93	1.0	0.91	-0.96	-0.93	0.9	0.99	0.94	0.59	0.99	0.89	0.95	-0.46	0.33	0.99	0.93	0.86		-0.72	0.92	0.7	0.86	0.7	0.96
Short Term Debt	-0.71	-0.34	-0.55	-0.75	-0.55	0.8	0.61	-0.47	-0.77	-0.6	-0.73	-0.77	-0.71	-0.69	0.32	-0.52	-0.67	-0.55	-0.46	-0.72		-0.7	-0.19	-0.4	-0.25	-0.76
Common Stock	0.92	0.81	0.91	0.91	0.91	-0.84	-0.92	0.86	0.89	0.92	0.51	0.89	1.0	0.99	-0.54	0.48	0.93	0.9	0.86	0.92	-0.7		0.78	0.82	0.8	0.98
Short Long Term Debt Total	0.73	0.91	0.85	0.66	0.87	-0.51	-0.81	0.84	0.63	0.85	0.26	0.63	0.75	0.77	-0.44	-0.04	0.78	0.84	0.9	0.7	-0.19	0.78		0.89	0.87	0.74
Current Deferred Revenue	0.88	0.96	0.98	0.82	0.97	-0.7	-0.93	0.92	0.8	0.97	0.45	0.8	0.78	0.87	-0.55	-0.02	0.92	0.98	0.98	0.86	-0.4	0.82	0.89		0.87	0.85
Net Receivables	0.72	0.95	0.86	0.66	0.89	-0.5	-0.79	0.85	0.61	0.86	0.29	0.61	0.78	0.82	-0.64	0.08	0.77	0.83	0.92	0.7	-0.25	0.8	0.87	0.87		0.77
Property Plant Equipment	0.97	0.82	0.93	0.95	0.94	-0.89	-0.94	0.87	0.94	0.95	0.6	0.94	0.96	0.99	-0.51	0.39	0.97	0.92	0.89	0.96	-0.76	0.98	0.74	0.85	0.77

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ITM Power Account Relationship Matchups

ITM Power fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	229.1M	458.2M	402.3M	381.8M	439.0M	461.0M
Other Current Liab	14.9M	19.1M	20.9M	68.9M	79.3M	83.2M
Total Current Liabilities	25.3M	50.1M	64.9M	79.1M	90.9M	95.5M
Total Stockholder Equity	197.4M	395.0M	295.5M	268.7M	309.0M	324.5M
Property Plant And Equipment Net	19.9M	22.1M	27.4M	41.6M	47.9M	50.3M
Net Debt	(170.6M)	(359.0M)	(275.5M)	(217.6M)	(195.9M)	(186.1M)
Retained Earnings	(132.4M)	(178.0M)	(278.1M)	(305.2M)	(274.7M)	(261.0M)
Accounts Payable	1.2M	8.7M	4.5M	8.8M	10.1M	10.6M
Cash	177.1M	366.2M	283.3M	230.3M	264.9M	278.1M
Non Current Assets Total	23.6M	34.5M	39.5M	52.3M	60.1M	63.1M
Non Currrent Assets Other	148K	1.7M	174K	400K	460K	483K
Cash And Short Term Investments	177.1M	366.2M	283.3M	230.3M	264.9M	278.1M
Common Stock Shares Outstanding	507.3M	576.7M	614.7M	616.7M	709.3M	744.7M
Liabilities And Stockholders Equity	229.1M	458.2M	402.3M	381.8M	439.0M	461.0M
Other Current Assets	11.8M	17.5M	15.4M	2.9M	3.4M	5.2M
Other Stockholder Equity	304.2M	544.3M	544.6M	544.7M	626.4M	657.7M
Total Liab	31.6M	63.2M	106.8M	113.1M	130.0M	136.5M
Property Plant And Equipment Gross	19.9M	22.1M	27.4M	56.8M	65.3M	68.6M
Total Current Assets	205.5M	423.6M	362.9M	329.5M	378.9M	397.9M
Accumulated Other Comprehensive Income	83K	12K	172K	(1.6M)	(1.9M)	(2.0M)
Short Term Debt	(1.9M)	(2.7M)	(2.1M)	678K	610.2K	579.7K
Common Stock	27.5M	30.7M	30.8M	30.8M	35.5M	37.3M
Short Long Term Debt Total	6.5M	7.1M	7.8M	12.7M	14.6M	15.3M
Current Deferred Revenue	8.5M	21.0M	37.7M	55.4M	63.7M	66.9M
Net Receivables	11.2M	8.1M	6.1M	25.8M	29.7M	31.2M
Property Plant Equipment	5.7M	13.0M	19.9M	22.1M	25.4M	26.7M
Inventory	6.4M	32.2M	58.8M	70.4M	81.0M	85.0M
Net Tangible Assets	55.4M	195.2M	385.9M	292.4M	336.2M	353.0M
Other Assets	1.8M	1.1M	1.5M	8.3M	9.6M	10.1M
Non Current Liabilities Total	6.3M	13.1M	41.9M	34M	39.1M	41.1M
Deferred Long Term Liab	1.8M	1.1M	7.1M	8.3M	9.6M	10.1M
Intangible Assets	3.3M	9.1M	11.5M	10.2M	11.7M	12.3M
Net Invested Capital	197.4M	395.0M	295.5M	268.7M	309.0M	177.0M
Net Working Capital	180.1M	373.5M	298.0M	250.4M	288.0M	166.0M
Capital Stock	27.5M	30.7M	30.8M	30.8M	35.5M	29.3M
Capital Lease Obligations	6.5M	7.1M	7.8M	12.7M	14.6M	8.9M

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Other Information on Investing in ITM Stock

Balance Sheet is a snapshot of the financial position of ITM Power at a specified time, usually calculated after every quarter, six months, or one year. ITM Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ITM Power 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 ITM currently owns. An asset can also be divided into two categories, current and non-current.

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ITM Cash vs Retained Earnings Analysis

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

Correlation Coefficient

Cash

Retained Earnings

ITM Power fundamental ratios Correlations

ITM Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ITM Power fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Total Liab	- 0.97	Retained Earnings
Net Debt	- 0.97	Total Stockholder Equity
Retained Earnings	- 0.97	Total Current Liabilities
Other Stockholder Equity	- 0.96	Retained Earnings