Impinj Operating Income vs Gross Profit Analysis

PI Stock  USD 191.04  2.74  1.46%   
Impinj financial indicator trend analysis is infinitely more than just investigating Impinj Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Impinj Inc is a good investment. Please check the relationship between Impinj Operating Income and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. 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.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Impinj Inc Operating Income account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Impinj's Operating Income and Gross Profit is -0.7. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Impinj Inc, assuming nothing else is changed. The correlation between historical values of Impinj's Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Impinj Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Impinj's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Impinj Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Impinj Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Impinj Inc minus its cost of goods sold. It is profit before Impinj operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Impinj's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Impinj Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. 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.
The Impinj's current Selling General Administrative is estimated to increase to about 63.9 M, while Tax Provision is forecasted to increase to (337.2 K).
 2021 2022 2023 2024 (projected)
Interest Expense2.6M4.9M4.8M2.5M
Depreciation And Amortization4.6M6.0M13.6M14.3M

Impinj fundamental ratios Correlations

0.830.50.920.30.90.190.79-0.880.810.710.850.140.940.850.40.670.850.240.750.660.790.880.780.781.0
0.830.270.79-0.090.910.110.97-0.950.730.80.95-0.040.770.930.650.530.660.130.950.70.690.630.960.890.81
0.50.270.440.60.46-0.320.22-0.350.250.340.430.480.350.490.420.240.36-0.090.150.620.050.440.180.490.51
0.920.790.440.330.810.260.8-0.830.910.560.770.220.90.810.260.450.720.510.660.550.810.780.70.660.92
0.3-0.090.60.330.240.2-0.15-0.160.140.090.10.320.290.19-0.03-0.010.290.14-0.30.330.210.55-0.260.150.35
0.90.910.460.810.240.210.87-0.970.720.780.980.00.810.970.670.620.810.060.840.860.670.820.860.960.88
0.190.11-0.320.260.20.210.18-0.320.31-0.090.17-0.10.170.180.040.090.210.320.060.140.450.370.080.160.19
0.790.970.220.8-0.150.870.18-0.920.810.640.92-0.090.720.910.590.480.620.270.930.660.620.590.950.830.77
-0.88-0.95-0.35-0.83-0.16-0.97-0.32-0.92-0.73-0.77-0.970.07-0.78-0.96-0.67-0.53-0.75-0.13-0.85-0.81-0.73-0.81-0.87-0.93-0.86
0.810.730.250.910.140.720.310.81-0.730.330.680.140.830.720.120.460.630.670.660.40.670.640.690.540.81
0.710.80.340.560.090.78-0.090.64-0.770.330.790.090.70.740.620.510.59-0.260.750.630.660.570.750.780.71
0.850.950.430.770.10.980.170.92-0.970.680.79-0.020.740.990.760.590.740.010.90.870.620.730.910.980.83
0.14-0.040.480.220.320.0-0.1-0.090.070.140.09-0.020.250.02-0.040.13-0.090.11-0.060.020.14-0.12-0.04-0.010.18
0.940.770.350.90.290.810.170.72-0.780.830.70.740.250.740.190.650.780.340.70.470.870.780.730.630.95
0.850.930.490.810.190.970.180.91-0.960.720.740.990.020.740.740.540.720.080.850.890.610.750.870.970.84
0.40.650.420.26-0.030.670.040.59-0.670.120.620.76-0.040.190.740.340.33-0.470.640.870.150.340.630.860.36
0.670.530.240.45-0.010.620.090.48-0.530.460.510.590.130.650.540.340.76-0.250.670.530.510.540.670.560.67
0.850.660.360.720.290.810.210.62-0.750.630.590.74-0.090.780.720.330.760.020.640.640.680.860.660.690.85
0.240.13-0.090.510.140.060.320.27-0.130.67-0.260.010.110.340.08-0.47-0.250.020.0-0.270.290.160.03-0.140.25
0.750.950.150.66-0.30.840.060.93-0.850.660.750.9-0.060.70.850.640.670.640.00.640.60.51.00.830.72
0.660.70.620.550.330.860.140.66-0.810.40.630.870.020.470.890.870.530.64-0.270.640.350.690.650.930.65
0.790.690.050.810.210.670.450.62-0.730.670.660.620.140.870.610.150.510.680.290.60.350.70.630.520.81
0.880.630.440.780.550.820.370.59-0.810.640.570.73-0.120.780.750.340.540.860.160.50.690.70.530.70.88
0.780.960.180.7-0.260.860.080.95-0.870.690.750.91-0.040.730.870.630.670.660.031.00.650.630.530.840.75
0.780.890.490.660.150.960.160.83-0.930.540.780.98-0.010.630.970.860.560.69-0.140.830.930.520.70.840.75
1.00.810.510.920.350.880.190.77-0.860.810.710.830.180.950.840.360.670.850.250.720.650.810.880.750.75
Click cells to compare fundamentals

Impinj Account Relationship Matchups

Impinj fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets215.0M207.6M315.5M349.7M359.4M188.0M
Short Long Term Debt Total73.5M73.5M304.4M294.4M294.6M309.3M
Other Current Liab9.6M3.4M5.3M8.9M13.8M9.1M
Total Current Liabilities19.5M27.6M35.5M42.4M30.9M25.4M
Total Stockholder Equity125.2M109.1M(11.1M)15.6M34.1M32.2M
Property Plant And Equipment Net33.9M30.3M39.2M49.5M54.6M57.4M
Current Deferred Revenue551K6.8M558K2.3M1.7M1.6M
Net Debt6.6M49.8M180.5M274.8M199.8M209.8M
Retained Earnings(262.7M)(314.7M)(362.5M)(386.8M)(430.2M)(408.6M)
Accounts Payable5.6M10.1M11.7M25.0M8.7M8.2M
Cash66.9M23.6M123.9M19.6M94.8M99.5M
Non Current Assets Total38.3M36.3M59.7M74.6M89.7M94.2M
Non Currrent Assets Other453K2.1M2.5M2.0M1.5M2.1M
Cash And Short Term Investments116.5M106.1M193.3M173.7M113.2M87.3M
Net Receivables23.7M25.0M35.4M50.0M54.9M57.7M
Common Stock Total Equity22K23K25K26K29.9K23.5K
Common Stock Shares Outstanding21.8M22.8M24.2M25.5M26.8M19.3M
Short Term Investments49.6M82.5M69.4M154.1M18.4M17.5M
Liabilities And Stockholders Equity215.0M207.6M315.5M349.7M359.4M188.0M
Non Current Liabilities Total70.3M70.9M291.1M291.8M294.4M309.1M
Inventory34.2M36.3M22.0M46.4M97.2M102.0M
Other Current Assets2.4M7.7M9.7M5.0M4.4M3.6M
Other Stockholder Equity387.9M423.8M351.4M403.6M463.9M283.1M
Total Liab89.8M98.5M326.6M334.1M325.3M341.5M
Property Plant And Equipment Gross33.9M30.3M39.2M49.5M86.3M90.6M
Total Current Assets176.8M171.4M255.8M275.2M269.7M151.2M
Accumulated Other Comprehensive Income34K3K(39K)(1.2M)355K372.8K
Short Term Debt3.7M7.3M17.9M6.2M6.7M6.6M
Common Stock22K23K25K26K27K24.0K
Other Liab527K1.1M515K467K420.3K399.3K
Net Tangible Assets121.4M105.2M(15.0M)11.7M13.5M12.8M
Other Assets453K15.8M2.5M2.0M2.3M2.7M
Long Term Debt50.9M54.6M278.7M280.2M281.9M295.9M
Deferred Long Term Liab6.4M5.3M1.8M2.3M2.1M3.4M
Short Long Term Debt4.1M5.9M94K9.6M11.1M11.6M
Property Plant Equipment33.9M16.5M39.2M39.0M44.9M24.1M
Long Term Debt Total50.9M54.6M278.7M280.2M322.3M338.4M
Capital Surpluse387.9M423.8M351.4M403.6M464.1M362.9M
Retained Earnings Total Equity(262.7M)(314.7M)(362.5M)(386.8M)(348.1M)(365.5M)

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. 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.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Semiconductors & Semiconductor Equipment 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 Impinj. If investors know Impinj 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 Impinj listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.92
Revenue Per Share
12.494
Quarterly Revenue Growth
0.464
Return On Assets
(0.02)
Return On Equity
0.3318
The market value of Impinj Inc is measured differently than its book value, which is the value of Impinj that is recorded on the company's balance sheet. Investors also form their own opinion of Impinj's value that differs from its market value or its book value, called intrinsic value, which is Impinj's 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 Impinj's market value can be influenced by many factors that don't directly affect Impinj's 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 Impinj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Impinj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impinj's 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.