Inventronics Historical Balance Sheet

IVX Stock  CAD 0.77  0.03  4.05%   
Trend analysis of Inventronics balance sheet accounts such as Total Current Liabilities of 808 K or Total Stockholder Equity of 1.5 M provides information on Inventronics' total assets, liabilities, and equity, which is the actual value of Inventronics to its prevalent stockholders. By breaking down trends over time using Inventronics balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Inventronics Inventory

995,913

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inventronics. 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.

About Inventronics Balance Sheet Analysis

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

Inventronics Balance Sheet Chart

At this time, Inventronics' Capital Stock is fairly stable compared to the past year. Cash is likely to climb to about 979.6 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.5 M in 2024.

Total Assets

Total assets refers to the total amount of Inventronics assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Inventronics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Inventronics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Inventronics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Inventronics 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 Inventronics 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.
Most accounts from Inventronics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Inventronics current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Inventronics. 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.
At this time, Inventronics' Capital Stock is fairly stable compared to the past year. Cash is likely to climb to about 979.6 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.5 M in 2024.
 2021 2023 2024 (projected)
Other Current Liabilities42K37.8K61.6K
Total Assets5.2M6.1M4.7M

Inventronics balance sheet Correlations

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-0.69-0.04-0.74-0.73-0.72-0.33-0.580.15-0.48-0.05-0.64-0.44-0.080.94-0.680.65-0.470.73-0.62-0.7-0.720.750.660.75-0.56
0.39-0.040.280.220.340.870.09-0.260.75-0.210.540.370.69-0.030.48-0.41-0.08-0.150.380.270.290.1-0.450.10.0
0.98-0.740.280.930.950.380.84-0.050.680.160.90.890.35-0.680.97-0.960.71-0.920.840.990.99-0.84-0.93-0.840.78
0.93-0.730.220.930.990.360.870.150.610.290.810.810.4-0.680.88-0.910.79-0.980.960.950.93-0.82-0.94-0.820.84
0.96-0.720.340.950.990.460.860.070.680.220.880.850.45-0.650.93-0.950.74-0.960.960.960.95-0.79-0.98-0.790.8
0.45-0.330.870.380.360.460.18-0.440.77-0.340.620.270.48-0.350.52-0.49-0.11-0.270.450.340.35-0.17-0.56-0.17-0.02
0.87-0.580.090.840.870.860.180.430.350.580.590.730.51-0.50.76-0.890.92-0.830.840.90.82-0.64-0.86-0.640.91
0.060.15-0.26-0.050.150.07-0.440.43-0.40.95-0.320.040.480.19-0.09-0.060.63-0.160.250.11-0.010.16-0.060.160.56
0.71-0.480.750.680.610.680.770.35-0.4-0.240.80.70.45-0.50.8-0.640.22-0.570.60.630.69-0.41-0.67-0.410.31
0.26-0.05-0.210.160.290.22-0.340.580.95-0.24-0.160.160.56-0.060.12-0.240.74-0.320.360.30.2-0.03-0.2-0.030.72
0.89-0.640.540.90.810.880.620.59-0.320.8-0.160.810.33-0.590.94-0.880.4-0.810.780.850.9-0.74-0.89-0.740.51
0.9-0.440.370.890.810.850.270.730.040.70.160.810.43-0.350.9-0.850.71-0.80.760.90.9-0.6-0.82-0.60.73
0.52-0.080.690.350.40.450.480.510.480.450.560.330.43-0.070.49-0.520.48-0.370.580.450.390.06-0.530.060.53
-0.630.94-0.03-0.68-0.68-0.65-0.35-0.50.19-0.5-0.06-0.59-0.35-0.07-0.640.57-0.380.71-0.55-0.63-0.680.780.570.78-0.52
0.98-0.680.480.970.880.930.520.76-0.090.80.120.940.90.49-0.64-0.940.63-0.890.840.960.98-0.74-0.92-0.740.73
-0.980.65-0.41-0.96-0.91-0.95-0.49-0.89-0.06-0.64-0.24-0.88-0.85-0.520.57-0.94-0.720.87-0.89-0.97-0.940.720.980.72-0.78
0.75-0.47-0.080.710.790.74-0.110.920.630.220.740.40.710.48-0.380.63-0.72-0.790.760.810.73-0.52-0.69-0.520.97
-0.920.73-0.15-0.92-0.98-0.96-0.27-0.83-0.16-0.57-0.32-0.81-0.8-0.370.71-0.890.87-0.79-0.92-0.94-0.940.870.890.87-0.87
0.88-0.620.380.840.960.960.450.840.250.60.360.780.760.58-0.550.84-0.890.76-0.920.890.85-0.66-0.95-0.660.81
0.99-0.70.270.990.950.960.340.90.110.630.30.850.90.45-0.630.96-0.970.81-0.940.890.98-0.79-0.94-0.790.86
0.98-0.720.290.990.930.950.350.82-0.010.690.20.90.90.39-0.680.98-0.940.73-0.940.850.98-0.83-0.91-0.830.81
-0.750.750.1-0.84-0.82-0.79-0.17-0.640.16-0.41-0.03-0.74-0.60.060.78-0.740.72-0.520.87-0.66-0.79-0.830.711.0-0.62
-0.950.66-0.45-0.93-0.94-0.98-0.56-0.86-0.06-0.67-0.2-0.89-0.82-0.530.57-0.920.98-0.690.89-0.95-0.94-0.910.710.71-0.74
-0.750.750.1-0.84-0.82-0.79-0.17-0.640.16-0.41-0.03-0.74-0.60.060.78-0.740.72-0.520.87-0.66-0.79-0.831.00.71-0.62
0.82-0.560.00.780.840.8-0.020.910.560.310.720.510.730.53-0.520.73-0.780.97-0.870.810.860.81-0.62-0.74-0.62
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Inventronics Account Relationship Matchups

Inventronics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.3M3.7M5.2M6.0M6.1M4.7M
Other Current Liab95K82K62K42K37.8K61.6K
Total Current Liabilities527K354K892K1.1M607K808.0K
Total Stockholder Equity621K1.3M2.3M2.9M2.8M1.5M
Net Tangible Assets426K621K1.3M2.3M2.6M2.8M
Retained Earnings(1.8M)(1.2M)929K1.3M1.1M1.2M
Accounts Payable302K148K685K619K227K442.6K
Non Current Assets Total2.1M2.3M2.8M2.5M3.2M2.7M
Long Term Debt2.1M2.1M2.0M2.0M2.4M2.4M
Net Receivables307K623K846K1.3M574K747.0K
Non Current Liabilities Total2.1M2.1M2.0M2.0M2.7M2.4M
Inventory772K652K1.3M1.9M1.0M995.9K
Other Current Assets16K26K27K37K33K27.2K
Total Liab2.7M2.4M2.9M3.1M3.3M3.2M
Total Current Assets1.1M1.4M2.4M3.5M2.9M2.0M
Property Plant Equipment2.2M2.1M2.3M2.3M2.6M2.5M
Net Debt2.1M1.9M1.8M1.6M1.5M1.5M
Net Invested Capital2.7M3.4M4.3M4.9M5.3M4.1M
Net Working Capital620K1.1M1.5M2.4M2.3M1.4M

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