Infrared Total Assets vs Cash And Short Term Investments 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 Total Assets and its Cash And Short Term Investments 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.

Total Assets vs Cash And Short Term Investments

Total Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Infrared Cameras Holdings Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Infrared Cameras' Total Assets and Cash And Short Term Investments is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments 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' Total Assets and Cash And Short Term Investments 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 Assets of Infrared Cameras Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Infrared Cameras' Total Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Infrared Cameras 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 Infrared Cameras Holdings 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Infrared Cameras Holdings balance sheet. This account contains Infrared Cameras investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Infrared Cameras Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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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