Interlink Total Current Liabilities vs Total Assets Analysis
LINK Stock | USD 4.57 0.51 10.04% |
Interlink Electronics financial indicator trend analysis is infinitely more than just investigating Interlink Electronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Interlink Electronics is a good investment. Please check the relationship between Interlink Electronics Total Current Liabilities and its Total Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Interlink Electronics. 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. For more information on how to buy Interlink Stock please use our How to buy in Interlink Stock guide.
Total Current Liabilities vs Total Assets
Total Current Liabilities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Interlink Electronics Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Interlink Electronics' Total Current Liabilities and Total Assets is 0.5. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Interlink Electronics, assuming nothing else is changed. The correlation between historical values of Interlink Electronics' Total Current Liabilities and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Interlink Electronics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Interlink Electronics' Total Current Liabilities and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Interlink Electronics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Interlink Electronics 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 Assets
Total assets refers to the total amount of Interlink Electronics 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 Interlink Electronics 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.Most indicators from Interlink Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Interlink Electronics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Interlink Electronics. 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. For more information on how to buy Interlink Stock please use our How to buy in Interlink Stock guide.At this time, Interlink Electronics' Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 198.10 this year, although the value of Tax Provision will most likely fall to about 102.6 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.1M | 3.9M | 6.6M | 5.3M | Total Revenue | 7.5M | 7.5M | 13.9M | 13.2M |
Interlink Electronics fundamental ratios Correlations
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Interlink Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Interlink Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3M | 10.0M | 13.8M | 15.0M | 15.1M | 12.7M | |
Other Current Liab | 302K | 343K | 369K | 437K | 366K | 347.7K | |
Total Current Liabilities | 687K | 1.0M | 1.0M | 1.1M | 1.4M | 2.3M | |
Total Stockholder Equity | 8.6M | 8.8M | 12.7M | 13.8M | 13.0M | 9.8M | |
Property Plant And Equipment Net | 836K | 741K | 501K | 356K | 456K | 635.9K | |
Net Debt | (5.6M) | (5.6M) | (10.6M) | (9.9M) | (4.1M) | (4.4M) | |
Retained Earnings | (49.3M) | (49.2M) | (50.0M) | (48.7M) | (49.5M) | (51.9M) | |
Accounts Payable | 304K | 218K | 235K | 273K | 464K | 440.8K | |
Cash | 5.8M | 6.1M | 10.8M | 10.1M | 4.3M | 6.5M | |
Non Current Assets Total | 1.5M | 1.5M | 712K | 1.3M | 5.7M | 6.0M | |
Cash And Short Term Investments | 5.8M | 6.1M | 10.8M | 10.1M | 4.3M | 7.0M | |
Net Receivables | 730K | 1.1M | 1.1M | 1.2M | 2.2M | 2.8M | |
Common Stock Shares Outstanding | 9.8M | 9.9M | 9.9M | 9.9M | 9.9M | 7.2M | |
Liabilities And Stockholders Equity | 9.3M | 10.0M | 13.8M | 15.0M | 15.1M | 12.7M | |
Inventory | 927K | 866K | 814K | 2.1M | 2.5M | 2.9M | |
Other Current Assets | 330K | 397K | 396K | 321K | 381K | 343.4K | |
Other Stockholder Equity | 57.9M | 58.0M | 62.6M | 62.6M | 62.3M | 37.1M | |
Total Liab | 761K | 1.2M | 1.1M | 1.1M | 2.0M | 2.9M | |
Property Plant And Equipment Gross | 836K | 741K | 501K | 356K | 2.6M | 2.7M | |
Total Current Assets | 7.8M | 8.5M | 13.1M | 13.7M | 9.3M | 11.5M | |
Accumulated Other Comprehensive Income | (93K) | 37K | 96K | (98K) | 200K | 210K | |
Intangible Assets | 171K | 195K | 131K | 76K | 2.7M | 2.8M | |
Other Assets | 494K | 924K | 80K | 199K | 228.9K | 275.7K | |
Property Plant Equipment | 836K | 741K | 501K | 356K | 320.4K | 588.8K | |
Net Tangible Assets | 8.9M | 8.4M | 8.6M | 12.6M | 14.5M | 9.7M |
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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Interlink Electronics. If investors know Interlink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Interlink Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 21.014 | Earnings Share (0.25) | Revenue Per Share 1.24 | Quarterly Revenue Growth (0.13) | Return On Assets (0.09) |
The market value of Interlink Electronics is measured differently than its book value, which is the value of Interlink that is recorded on the company's balance sheet. Investors also form their own opinion of Interlink Electronics' value that differs from its market value or its book value, called intrinsic value, which is Interlink Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Interlink Electronics' market value can be influenced by many factors that don't directly affect Interlink Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Interlink Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Interlink Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Interlink Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.