Infrared Other Current Assets vs Net Invested Capital Analysis

MSAIW Stock   0.02  0  14.34%   
Infrared Cameras financial indicator trend analysis is infinitely more than just investigating Infrared Cameras Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infrared Cameras Holdings is a good investment. Please check the relationship between Infrared Cameras Other Current Assets and its Net Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Infrared Cameras Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Current Assets vs Net Invested Capital

Other Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Infrared Cameras Holdings Other Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have totally related.
The correlation between Infrared Cameras' Other Current Assets and Net Invested Capital is 0.99. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Infrared Cameras Holdings, assuming nothing else is changed. The correlation between historical values of Infrared Cameras' Other Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Infrared Cameras Holdings are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Assets i.e., Infrared Cameras' Other Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Infrared Cameras' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infrared Cameras Holdings 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 Infrared Cameras Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Tax Provision is likely to drop to about 197.6 K in 2024. Selling General Administrative is likely to drop to about 18.3 M in 2024
 2010 2022 2023 2024 (projected)
Interest Expense315K115K94K139.7K
Depreciation And Amortization318K561K872K642.0K

Infrared Cameras fundamental ratios Correlations

0.68-0.97-0.960.82-0.97-0.870.450.95-0.880.97-0.8-0.430.780.970.980.810.780.960.99-1.00.220.98-0.951.00.99
0.68-0.74-0.790.19-0.77-0.920.960.86-0.910.54-0.98-0.880.990.540.650.980.990.870.65-0.710.790.76-0.810.720.76
-0.97-0.741.0-0.81.00.85-0.52-0.940.95-0.960.860.42-0.84-0.96-0.91-0.85-0.84-0.95-0.990.98-0.22-1.00.99-0.99-0.97
-0.96-0.791.0-0.761.00.87-0.58-0.950.97-0.940.890.47-0.88-0.94-0.9-0.88-0.87-0.96-0.970.97-0.28-1.01.0-0.98-0.97
0.820.19-0.8-0.76-0.77-0.43-0.090.62-0.570.93-0.380.170.350.930.770.370.340.630.87-0.81-0.380.78-0.730.80.76
-0.97-0.771.01.0-0.770.87-0.56-0.960.96-0.950.880.46-0.86-0.95-0.92-0.87-0.86-0.97-0.980.98-0.26-1.01.0-0.99-0.98
-0.87-0.920.850.87-0.430.87-0.8-0.970.92-0.730.950.82-0.94-0.73-0.88-0.97-0.94-0.97-0.820.88-0.67-0.870.89-0.88-0.91
0.450.96-0.52-0.58-0.09-0.56-0.80.69-0.760.27-0.89-0.940.90.270.430.890.90.690.41-0.480.910.54-0.620.50.54
0.950.86-0.94-0.950.62-0.96-0.970.69-0.950.86-0.93-0.670.920.860.950.950.921.00.93-0.960.490.96-0.960.970.98
-0.88-0.910.950.97-0.570.960.92-0.76-0.95-0.820.970.64-0.97-0.82-0.83-0.96-0.96-0.96-0.890.9-0.49-0.950.98-0.92-0.92
0.970.54-0.96-0.940.93-0.95-0.730.270.86-0.82-0.69-0.210.661.00.930.690.660.870.99-0.97-0.010.96-0.920.970.94
-0.8-0.980.860.89-0.380.880.95-0.89-0.930.97-0.690.8-1.0-0.69-0.76-0.99-1.0-0.94-0.780.82-0.67-0.870.91-0.84-0.86
-0.43-0.880.420.470.170.460.82-0.94-0.670.64-0.210.8-0.81-0.21-0.47-0.83-0.82-0.66-0.340.45-0.98-0.460.51-0.45-0.52
0.780.99-0.84-0.880.35-0.86-0.940.90.92-0.970.66-1.0-0.810.660.750.991.00.930.76-0.80.690.85-0.90.820.84
0.970.54-0.96-0.940.93-0.95-0.730.270.86-0.821.0-0.69-0.210.660.930.690.660.870.99-0.97-0.010.96-0.920.970.94
0.980.65-0.91-0.90.77-0.92-0.880.430.95-0.830.93-0.76-0.470.750.930.790.740.940.95-0.980.270.94-0.90.970.98
0.810.98-0.85-0.880.37-0.87-0.970.890.95-0.960.69-0.99-0.830.990.690.790.990.950.78-0.830.70.86-0.90.850.87
0.780.99-0.84-0.870.34-0.86-0.940.90.92-0.960.66-1.0-0.821.00.660.740.990.930.76-0.80.70.85-0.890.820.84
0.960.87-0.95-0.960.63-0.97-0.970.691.0-0.960.87-0.94-0.660.930.870.940.950.930.93-0.960.480.97-0.970.970.98
0.990.65-0.99-0.970.87-0.98-0.820.410.93-0.890.99-0.78-0.340.760.990.950.780.760.93-0.990.130.99-0.960.990.98
-1.0-0.710.980.97-0.810.980.88-0.48-0.960.9-0.970.820.45-0.8-0.97-0.98-0.83-0.8-0.96-0.99-0.24-0.990.97-1.0-1.0
0.220.79-0.22-0.28-0.38-0.26-0.670.910.49-0.49-0.01-0.67-0.980.69-0.010.270.70.70.480.13-0.240.26-0.320.250.32
0.980.76-1.0-1.00.78-1.0-0.870.540.96-0.950.96-0.87-0.460.850.960.940.860.850.970.99-0.990.26-0.990.990.99
-0.95-0.810.991.0-0.731.00.89-0.62-0.960.98-0.920.910.51-0.9-0.92-0.9-0.9-0.89-0.97-0.960.97-0.32-0.99-0.98-0.97
1.00.72-0.99-0.980.8-0.99-0.880.50.97-0.920.97-0.84-0.450.820.970.970.850.820.970.99-1.00.250.99-0.981.0
0.990.76-0.97-0.970.76-0.98-0.910.540.98-0.920.94-0.86-0.520.840.940.980.870.840.980.98-1.00.320.99-0.971.0
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Infrared Cameras Account Relationship Matchups

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