ITM Current Deferred Revenue vs Property Plant And Equipment Gross Analysis

ITM Stock

36.76 1.22 3.43%

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 Current Deferred Revenue and its Property Plant And Equipment Gross 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.

Current Deferred Revenue vs Property Plant And Equipment Gross

Current Deferred Revenue vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITM Power Current Deferred Revenue account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ITM Power's Current Deferred Revenue and Property Plant And Equipment Gross is 0.98. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Gross 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 Current Deferred Revenue and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of ITM Power are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Current Deferred Revenue i.e., ITM Power's Current Deferred Revenue and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant And Equipment Gross

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	0.51	0.99	0.94	0.88	1.0	-0.71	0.92	0.73	0.88	0.7	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	0.24	0.85	0.92	0.99	0.79	-0.34	0.81	0.91	0.96	0.9	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	0.42	0.97	1.0	0.97	0.93	-0.55	0.91	0.85	0.98	0.83	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	0.53	0.98	0.89	0.82	1.0	-0.75	0.91	0.66	0.82	0.65	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	0.37	0.96	0.98	0.99	0.91	-0.55	0.91	0.87	0.97	0.85	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	-0.58	-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	-0.5	-0.96	-0.97	-0.92	-0.93	0.61	-0.92	-0.81	-0.93	-0.76	-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	0.43	0.93	0.92	0.92	0.9	-0.47	0.86	0.84	0.92	0.82	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	0.53	0.97	0.87	0.79	0.99	-0.77	0.89	0.63	0.8	0.6	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	0.41	0.98	0.99	0.98	0.94	-0.6	0.92	0.85	0.97	0.82	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	0.22	0.57	0.5	0.49	0.59	-0.73	0.51	0.26	0.45	0.26	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	0.53	0.97	0.87	0.79	0.99	-0.77	0.89	0.63	0.8	0.6	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	0.7	0.9	0.86	0.83	0.89	-0.71	1.0	0.75	0.78	0.81	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	0.63	0.96	0.94	0.9	0.95	-0.69	0.99	0.77	0.87	0.83	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		-0.29	-0.5	-0.55	-0.59	-0.46	0.32	-0.54	-0.44	-0.55	-0.64	-0.51
Other Current Assets	0.51	0.24	0.42	0.53	0.37	-0.58	-0.5	0.43	0.53	0.41	0.22	0.53	0.7	0.63	-0.29		0.48	0.4	0.28	0.52	-0.59	0.67	0.21	0.24	0.43	0.59
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	0.48		0.97	0.92	0.99	-0.67	0.93	0.78	0.92	0.74	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	0.4	0.97		0.96	0.93	-0.55	0.9	0.84	0.98	0.79	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	0.28	0.92	0.96		0.86	-0.46	0.86	0.9	0.98	0.87	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	0.52	0.99	0.93	0.86		-0.72	0.92	0.7	0.86	0.68	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	-0.59	-0.67	-0.55	-0.46	-0.72		-0.7	-0.19	-0.4	-0.27	-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	0.67	0.93	0.9	0.86	0.92	-0.7		0.78	0.82	0.81	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	0.21	0.78	0.84	0.9	0.7	-0.19	0.78		0.89	0.83	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	0.24	0.92	0.98	0.98	0.86	-0.4	0.82	0.89		0.81	0.85
Net Receivables	0.7	0.9	0.83	0.65	0.85	-0.5	-0.76	0.82	0.6	0.82	0.26	0.6	0.81	0.83	-0.64	0.43	0.74	0.79	0.87	0.68	-0.27	0.81	0.83	0.81		0.76
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	0.59	0.97	0.92	0.89	0.96	-0.76	0.98	0.74	0.85	0.76

Click cells to compare fundamentals

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	9.1M	10.5M	5.5M
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	19.6M	22.5M	23.7M
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

Also Currently Popular

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.

EBR	Centrais Electricas Brasileiras
HE	Hawaiian Electric Industries
VFC	VF Corporation

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.

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

ITM Current Deferred Revenue vs Property Plant And Equipment Gross Analysis

Current Deferred Revenue vs Property Plant And Equipment Gross

Current Deferred Revenue vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Property Plant And Equipment Gross

ITM Power fundamental ratios Correlations

ITM Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ITM Power fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in ITM Stock

COMMON DESTINATIONS

MAIN CATEGORIES

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