Inventronics Net Debt vs Common Stock Shares Outstanding Analysis

IVX Stock

CAD 0.74 0.05 7.25%

Inventronics financial indicator trend analysis is infinitely more than just investigating Inventronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inventronics is a good investment. Please check the relationship between Inventronics Net Debt and its Common Stock Shares Outstanding accounts. 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.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventronics Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.

The correlation between Inventronics' Net Debt and Common Stock Shares Outstanding is -0.92. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Inventronics, assuming nothing else is changed. The correlation between historical values of Inventronics' Net Debt and Common Stock Shares Outstanding 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 Debt of Inventronics are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Inventronics' Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Inventronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inventronics 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 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' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 7.70 in 2024, whereas Tax Provision is likely to drop slightly above 108.2 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.3M	4.1M	1.7M	1.7M
Total Revenue	9.8M	14.2M	8.9M	7.9M

Gross Profit Total Revenue

Inventronics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Non Current Assets Total	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Common Stock	Property Plant Equipment	Net Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Other Liab	Capital Stock	Non Current Liabilities Other	Property Plant And Equipment Net
Total Assets		-0.69	0.39	0.98	0.93	0.96	0.45	0.87	0.06	0.71	0.26	0.89	0.9	0.52	-0.63	0.98	-0.98	0.75	-0.92	0.88	0.99	0.98	-0.75	-0.95	-0.75	0.82
Other Current Liab	-0.69		-0.04	-0.74	-0.73	-0.72	-0.33	-0.58	0.15	-0.48	-0.05	-0.64	-0.44	-0.08	0.94	-0.68	0.65	-0.47	0.73	-0.62	-0.7	-0.72	0.75	0.66	0.75	-0.56
Total Current Liabilities	0.39	-0.04		0.28	0.22	0.34	0.87	0.09	-0.26	0.75	-0.21	0.54	0.37	0.69	-0.03	0.48	-0.41	-0.08	-0.15	0.38	0.27	0.29	0.1	-0.45	0.1	0.0
Total Stockholder Equity	0.98	-0.74	0.28		0.93	0.95	0.38	0.84	-0.05	0.68	0.16	0.9	0.89	0.35	-0.68	0.97	-0.96	0.71	-0.92	0.84	0.99	0.99	-0.84	-0.93	-0.84	0.78
Net Tangible Assets	0.93	-0.73	0.22	0.93		0.99	0.36	0.87	0.15	0.61	0.29	0.81	0.81	0.4	-0.68	0.88	-0.91	0.79	-0.98	0.96	0.95	0.93	-0.82	-0.94	-0.82	0.84
Retained Earnings	0.96	-0.72	0.34	0.95	0.99		0.46	0.86	0.07	0.68	0.22	0.88	0.85	0.45	-0.65	0.93	-0.95	0.74	-0.96	0.96	0.96	0.95	-0.79	-0.98	-0.79	0.8
Accounts Payable	0.45	-0.33	0.87	0.38	0.36	0.46		0.18	-0.44	0.77	-0.34	0.62	0.27	0.48	-0.35	0.52	-0.49	-0.11	-0.27	0.45	0.34	0.35	-0.17	-0.56	-0.17	-0.02
Non Current Assets Total	0.87	-0.58	0.09	0.84	0.87	0.86	0.18		0.43	0.35	0.58	0.59	0.73	0.51	-0.5	0.76	-0.89	0.92	-0.83	0.84	0.9	0.82	-0.64	-0.86	-0.64	0.91
Long Term Debt	0.06	0.15	-0.26	-0.05	0.15	0.07	-0.44	0.43		-0.4	0.95	-0.32	0.04	0.48	0.19	-0.09	-0.06	0.63	-0.16	0.25	0.11	-0.01	0.16	-0.06	0.16	0.56
Net Receivables	0.71	-0.48	0.75	0.68	0.61	0.68	0.77	0.35	-0.4		-0.24	0.8	0.7	0.45	-0.5	0.8	-0.64	0.22	-0.57	0.6	0.63	0.69	-0.41	-0.67	-0.41	0.31
Non Current Liabilities Total	0.26	-0.05	-0.21	0.16	0.29	0.22	-0.34	0.58	0.95	-0.24		-0.16	0.16	0.56	-0.06	0.12	-0.24	0.74	-0.32	0.36	0.3	0.2	-0.03	-0.2	-0.03	0.72
Inventory	0.89	-0.64	0.54	0.9	0.81	0.88	0.62	0.59	-0.32	0.8	-0.16		0.81	0.33	-0.59	0.94	-0.88	0.4	-0.81	0.78	0.85	0.9	-0.74	-0.89	-0.74	0.51
Other Current Assets	0.9	-0.44	0.37	0.89	0.81	0.85	0.27	0.73	0.04	0.7	0.16	0.81		0.43	-0.35	0.9	-0.85	0.71	-0.8	0.76	0.9	0.9	-0.6	-0.82	-0.6	0.73
Total Liab	0.52	-0.08	0.69	0.35	0.4	0.45	0.48	0.51	0.48	0.45	0.56	0.33	0.43		-0.07	0.49	-0.52	0.48	-0.37	0.58	0.45	0.39	0.06	-0.53	0.06	0.53
Short Long Term Debt	-0.63	0.94	-0.03	-0.68	-0.68	-0.65	-0.35	-0.5	0.19	-0.5	-0.06	-0.59	-0.35	-0.07		-0.64	0.57	-0.38	0.71	-0.55	-0.63	-0.68	0.78	0.57	0.78	-0.52
Total Current Assets	0.98	-0.68	0.48	0.97	0.88	0.93	0.52	0.76	-0.09	0.8	0.12	0.94	0.9	0.49	-0.64		-0.94	0.63	-0.89	0.84	0.96	0.98	-0.74	-0.92	-0.74	0.73
Common Stock	-0.98	0.65	-0.41	-0.96	-0.91	-0.95	-0.49	-0.89	-0.06	-0.64	-0.24	-0.88	-0.85	-0.52	0.57	-0.94		-0.72	0.87	-0.89	-0.97	-0.94	0.72	0.98	0.72	-0.78
Property Plant Equipment	0.75	-0.47	-0.08	0.71	0.79	0.74	-0.11	0.92	0.63	0.22	0.74	0.4	0.71	0.48	-0.38	0.63	-0.72		-0.79	0.76	0.81	0.73	-0.52	-0.69	-0.52	0.97
Net Debt	-0.92	0.73	-0.15	-0.92	-0.98	-0.96	-0.27	-0.83	-0.16	-0.57	-0.32	-0.81	-0.8	-0.37	0.71	-0.89	0.87	-0.79		-0.92	-0.94	-0.94	0.87	0.89	0.87	-0.87
Common Stock Shares Outstanding	0.88	-0.62	0.38	0.84	0.96	0.96	0.45	0.84	0.25	0.6	0.36	0.78	0.76	0.58	-0.55	0.84	-0.89	0.76	-0.92		0.89	0.85	-0.66	-0.95	-0.66	0.81
Net Invested Capital	0.99	-0.7	0.27	0.99	0.95	0.96	0.34	0.9	0.11	0.63	0.3	0.85	0.9	0.45	-0.63	0.96	-0.97	0.81	-0.94	0.89		0.98	-0.79	-0.94	-0.79	0.86
Net Working Capital	0.98	-0.72	0.29	0.99	0.93	0.95	0.35	0.82	-0.01	0.69	0.2	0.9	0.9	0.39	-0.68	0.98	-0.94	0.73	-0.94	0.85	0.98		-0.83	-0.91	-0.83	0.81
Other Liab	-0.75	0.75	0.1	-0.84	-0.82	-0.79	-0.17	-0.64	0.16	-0.41	-0.03	-0.74	-0.6	0.06	0.78	-0.74	0.72	-0.52	0.87	-0.66	-0.79	-0.83		0.71	1.0	-0.62
Capital Stock	-0.95	0.66	-0.45	-0.93	-0.94	-0.98	-0.56	-0.86	-0.06	-0.67	-0.2	-0.89	-0.82	-0.53	0.57	-0.92	0.98	-0.69	0.89	-0.95	-0.94	-0.91	0.71		0.71	-0.74
Non Current Liabilities Other	-0.75	0.75	0.1	-0.84	-0.82	-0.79	-0.17	-0.64	0.16	-0.41	-0.03	-0.74	-0.6	0.06	0.78	-0.74	0.72	-0.52	0.87	-0.66	-0.79	-0.83	1.0	0.71		-0.62
Property Plant And Equipment Net	0.82	-0.56	0.0	0.78	0.84	0.8	-0.02	0.91	0.56	0.31	0.72	0.51	0.73	0.53	-0.52	0.73	-0.78	0.97	-0.87	0.81	0.86	0.81	-0.62	-0.74	-0.62

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Inventronics Account Relationship Matchups

Inventronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3M	3.7M	5.2M	6.0M	6.1M	4.7M
Other Current Liab	95K	82K	62K	42K	37.8K	61.6K
Total Current Liabilities	527K	354K	892K	1.1M	607K	808.0K
Total Stockholder Equity	621K	1.3M	2.3M	2.9M	2.8M	1.5M
Net Tangible Assets	426K	621K	1.3M	2.3M	2.6M	2.8M
Retained Earnings	(1.8M)	(1.2M)	929K	1.3M	1.1M	1.2M
Accounts Payable	302K	148K	685K	619K	227K	442.6K
Non Current Assets Total	2.1M	2.3M	2.8M	2.5M	3.2M	2.7M
Long Term Debt	2.1M	2.1M	2.0M	2.0M	2.4M	2.4M
Net Receivables	307K	623K	846K	1.3M	574K	747.0K
Non Current Liabilities Total	2.1M	2.1M	2.0M	2.0M	2.7M	2.4M
Inventory	772K	652K	1.3M	1.9M	1.0M	995.9K
Other Current Assets	16K	26K	27K	37K	33K	27.2K
Total Liab	2.7M	2.4M	2.9M	3.1M	3.3M	3.2M
Total Current Assets	1.1M	1.4M	2.4M	3.5M	2.9M	2.0M
Property Plant Equipment	2.2M	2.1M	2.3M	2.3M	2.6M	2.5M
Net Debt	2.1M	1.9M	1.8M	1.6M	1.5M	1.5M
Net Invested Capital	2.7M	3.4M	4.3M	4.9M	5.3M	4.1M
Net Working Capital	620K	1.1M	1.5M	2.4M	2.3M	1.4M

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