Inventus Net Income vs Interest Expense Analysis

IVS Stock

CAD 0.06 0.01 14.29%

Inventus Mining financial indicator trend analysis is infinitely more than just investigating Inventus Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inventus Mining Corp is a good investment. Please check the relationship between Inventus Mining Net Income and its Interest Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inventus Mining 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.

Net Income vs Interest Expense

Net Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventus Mining Corp Net Income account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Inventus Mining's Net Income and Interest Expense is -0.41. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Inventus Mining Corp, assuming nothing else is changed. The correlation between historical values of Inventus Mining's Net Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Inventus Mining Corp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income i.e., Inventus Mining's Net Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Inventus Mining Corp financial statement analysis. It represents the amount of money remaining after all of Inventus Mining Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Most indicators from Inventus Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inventus Mining 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 Inventus Mining 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.

Selling General Administrative is likely to drop to about 173.2 K in 2024. Issuance Of Capital Stock is likely to drop to about 285 K in 2024

Inventus Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Investments	Other Current Liab	Non Currrent Assets Other	Non Current Liabilities Total	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment	Short Long Term Debt Total	Other Current Assets
Total Assets		0.22	1.0	0.98	-0.77	0.73	-0.17	0.76	0.99	0.71	0.48	-0.56	0.65	0.84	0.74	-0.16	-0.01	0.5	0.66	-0.64	0.6	0.69	0.59	0.6	0.69	-0.07
Total Current Liabilities	0.22		0.18	0.2	-0.53	0.06	0.38	0.56	0.14	0.51	-0.06	-0.04	0.3	0.5	0.47	-0.16	0.59	0.34	0.28	-0.07	0.25	0.21	0.25	0.25	0.15	-0.19
Total Stockholder Equity	1.0	0.18		0.99	-0.76	0.74	-0.2	0.76	0.99	0.71	0.49	-0.57	0.67	0.81	0.74	-0.15	-0.03	0.49	0.65	-0.65	0.6	0.69	0.58	0.6	0.69	-0.05
Property Plant And Equipment Net	0.98	0.2	0.99		-0.73	0.74	-0.19	0.73	0.99	0.64	0.45	-0.57	0.72	0.79	0.67	-0.22	0.0	0.45	0.65	-0.66	0.56	0.66	0.55	0.56	0.72	-0.14
Net Debt	-0.77	-0.53	-0.76	-0.73		-0.54	0.04	-1.0	-0.67	-0.93	-0.56	0.45	-0.61	-0.67	-0.94	0.19	-0.23	-0.58	-0.59	0.47	-0.66	-0.69	-0.66	-0.66	-0.46	0.0
Retained Earnings	0.73	0.06	0.74	0.74	-0.54		-0.56	0.54	0.73	0.46	0.31	-0.94	0.25	0.49	0.48	-0.12	0.32	0.72	0.87	-0.96	0.83	0.89	0.81	0.83	0.94	-0.07
Accounts Payable	-0.17	0.38	-0.2	-0.19	0.04	-0.56		-0.05	-0.17	-0.09	-0.11	0.71	0.09	0.21	-0.1	-0.17	0.16	-0.06	-0.18	0.6	-0.22	-0.28	-0.17	-0.22	-0.46	-0.27
Cash	0.76	0.56	0.76	0.73	-1.0	0.54	-0.05		0.67	0.94	0.56	-0.45	0.62	0.67	0.94	-0.18	0.22	0.57	0.58	-0.48	0.66	0.68	0.65	0.66	0.48	0.0
Non Current Assets Total	0.99	0.14	0.99	0.99	-0.67	0.73	-0.17	0.67		0.59	0.42	-0.56	0.62	0.83	0.63	-0.21	-0.04	0.46	0.65	-0.65	0.56	0.65	0.55	0.56	0.7	-0.13
Cash And Short Term Investments	0.71	0.51	0.71	0.64	-0.93	0.46	-0.09	0.94	0.59		0.51	-0.36	0.59	0.6	0.99	0.17	0.19	0.52	0.5	-0.39	0.58	0.62	0.56	0.58	0.4	0.25
Net Receivables	0.48	-0.06	0.49	0.45	-0.56	0.31	-0.11	0.56	0.42	0.51		-0.25	0.49	0.28	0.58	-0.15	-0.26	0.17	0.14	-0.26	0.36	0.37	0.35	0.36	0.24	-0.02
Common Stock Shares Outstanding	-0.56	-0.04	-0.57	-0.57	0.45	-0.94	0.71	-0.45	-0.56	-0.36	-0.25		-0.1	-0.32	-0.38	0.13	-0.28	-0.59	-0.72	0.92	-0.72	-0.77	-0.69	-0.72	-0.87	-0.04
Other Stockholder Equity	0.65	0.3	0.67	0.72	-0.61	0.25	0.09	0.62	0.62	0.59	0.49	-0.1		0.42	0.59	-0.14	-0.15	0.0	0.16	-0.19	0.1	0.2	0.1	0.1	0.29	-0.12
Total Liab	0.84	0.5	0.81	0.79	-0.67	0.49	0.21	0.67	0.83	0.6	0.28	-0.32	0.42		0.63	-0.23	0.18	0.56	0.6	-0.43	0.56	0.58	0.56	0.56	0.52	-0.21
Total Current Assets	0.74	0.47	0.74	0.67	-0.94	0.48	-0.1	0.94	0.63	0.99	0.58	-0.38	0.59	0.63		0.14	0.14	0.53	0.5	-0.41	0.6	0.64	0.58	0.6	0.41	0.23
Short Term Investments	-0.16	-0.16	-0.15	-0.22	0.19	-0.12	-0.17	-0.18	-0.21	0.17	-0.15	0.13	-0.14	-0.23	0.14		0.04	0.0	-0.11	0.17	-0.1	-0.04	-0.11	-0.1	-0.13	0.7
Other Current Liab	-0.01	0.59	-0.03	0.0	-0.23	0.32	0.16	0.22	-0.04	0.19	-0.26	-0.28	-0.15	0.18	0.14	0.04		0.7	0.63	-0.24	0.56	0.52	0.56	0.56	0.28	-0.19
Non Currrent Assets Other	0.5	0.34	0.49	0.45	-0.58	0.72	-0.06	0.57	0.46	0.52	0.17	-0.59	0.0	0.56	0.53	0.0	0.7		0.93	-0.63	0.96	0.93	0.96	0.96	0.64	-0.13
Non Current Liabilities Total	0.66	0.28	0.65	0.65	-0.59	0.87	-0.18	0.58	0.65	0.5	0.14	-0.72	0.16	0.6	0.5	-0.11	0.63	0.93		-0.78	0.93	0.95	0.93	0.93	0.78	-0.18
Common Stock	-0.64	-0.07	-0.65	-0.66	0.47	-0.96	0.6	-0.48	-0.65	-0.39	-0.26	0.92	-0.19	-0.43	-0.41	0.17	-0.24	-0.63	-0.78		-0.75	-0.79	-0.75	-0.75	-0.95	0.08
Other Liab	0.6	0.25	0.6	0.56	-0.66	0.83	-0.22	0.66	0.56	0.58	0.36	-0.72	0.1	0.56	0.6	-0.1	0.56	0.96	0.93	-0.75		0.98	0.99	1.0	0.73	-0.14
Net Tangible Assets	0.69	0.21	0.69	0.66	-0.69	0.89	-0.28	0.68	0.65	0.62	0.37	-0.77	0.2	0.58	0.64	-0.04	0.52	0.93	0.95	-0.79	0.98		0.97	0.98	0.78	-0.07
Other Assets	0.59	0.25	0.58	0.55	-0.66	0.81	-0.17	0.65	0.55	0.56	0.35	-0.69	0.1	0.56	0.58	-0.11	0.56	0.96	0.93	-0.75	0.99	0.97		0.99	0.72	-0.15
Property Plant Equipment	0.6	0.25	0.6	0.56	-0.66	0.83	-0.22	0.66	0.56	0.58	0.36	-0.72	0.1	0.56	0.6	-0.1	0.56	0.96	0.93	-0.75	1.0	0.98	0.99		0.73	-0.14
Short Long Term Debt Total	0.69	0.15	0.69	0.72	-0.46	0.94	-0.46	0.48	0.7	0.4	0.24	-0.87	0.29	0.52	0.41	-0.13	0.28	0.64	0.78	-0.95	0.73	0.78	0.72	0.73		-0.14
Other Current Assets	-0.07	-0.19	-0.05	-0.14	0.0	-0.07	-0.27	0.0	-0.13	0.25	-0.02	-0.04	-0.12	-0.21	0.23	0.7	-0.19	-0.13	-0.18	0.08	-0.14	-0.07	-0.15	-0.14	-0.14

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Inventus Mining Account Relationship Matchups

Inventus Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	117.7K	1.9M	881.4K	888.1K	492.4K	467.8K
Total Current Liabilities	127.4K	97.9K	664.9K	418.5K	241.7K	259.2K
Total Stockholder Equity	(61.8K)	1.7M	126.3K	353.2K	110.9K	105.3K
Net Debt	44.7K	(403.9K)	(368.5K)	(688.8K)	(224.0K)	(235.2K)
Retained Earnings	(24.9M)	(24.9M)	(29.0M)	(31.0M)	(31.5M)	(29.9M)
Accounts Payable	59.0K	108.9K	74.7K	528.5K	607.7K	638.1K
Cash	26.0K	496.0K	437.4K	724.9K	289.6K	275.2K
Non Current Assets Total	64.2K	158.5K	137.8K	116.4K	186.2K	176.9K
Cash And Short Term Investments	26.0K	1.7M	692.2K	724.9K	289.6K	275.2K
Net Receivables	13.4K	21.1K	32.2K	27.8K	964.0	915.8
Common Stock Shares Outstanding	110.3M	122.2M	132.1M	141.8M	166.9M	175.2M
Liabilities And Stockholders Equity	117.7K	1.9M	881.4K	888.1K	492.4K	467.8K
Other Stockholder Equity	5.4M	5.7M	6.0M	6.2M	6.2M	6.4M
Total Liab	179.6K	166.9K	755.1K	534.9K	381.6K	451.8K
Total Current Assets	53.5K	1.7M	743.6K	771.7K	306.2K	290.9K
Accumulated Other Comprehensive Income	151.2K	439.7K	249.2K	271.2K	336.6K	335.5K
Other Current Liab	108.9K	74.7K	636.0K	382.4K	199.5K	199.7K
Non Currrent Assets Other	0.0	64.2K	115.7K	116.4K	104.7K	123.4K
Non Current Liabilities Total	52.1K	68.9K	90.2K	116.4K	139.8K	242.0K
Net Tangible Assets	499.0K	(61.8K)	1.7M	126.3K	113.7K	108.0K
Other Current Assets	14.1K	42.2K	19.3K	19.0K	15.6K	18.0K
Net Invested Capital	(61.8K)	1.8M	166.3K	389.3K	150.9K	143.3K
Net Working Capital	(74.0K)	1.6M	78.7K	353.2K	64.5K	61.2K

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