Impinj Reconciled Depreciation vs Other Operating Expenses Analysis

PI Stock  USD 103.82  0.28  0.27%   
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 Reconciled Depreciation and its Other Operating Expenses 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.

Reconciled Depreciation vs Other Operating Expenses

Reconciled Depreciation vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Impinj Inc Reconciled Depreciation account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Impinj's Reconciled Depreciation and Other Operating Expenses is 0.85. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Other Operating Expenses 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 Reconciled Depreciation and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Impinj Inc are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Impinj's Reconciled Depreciation and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Reconciled Depreciation

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Impinj Inc. It is also known as Impinj overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.
As of now, Impinj's Tax Provision is decreasing as compared to previous years. The Impinj's current Enterprise Value Over EBITDA is estimated to increase to 78.22, while Selling General Administrative is projected to decrease to under 28 M.
 2022 2023 2024 2025 (projected)
Interest Expense4.9M4.8M3.2M2.5M
Depreciation And Amortization6.0M13.6M13.6M14.3M

Impinj fundamental ratios Correlations

0.920.810.770.550.980.180.9-0.930.760.60.950.060.830.860.770.640.790.390.350.90.680.80.780.960.89
0.920.620.620.220.930.130.98-0.950.780.680.86-0.070.810.880.70.560.720.410.610.750.710.710.920.880.85
0.810.620.860.670.74-0.10.64-0.640.40.30.880.180.430.610.870.370.480.18-0.110.90.210.530.430.870.58
0.770.620.860.530.670.080.67-0.580.410.160.91-0.030.380.480.790.350.40.34-0.20.760.280.430.430.810.47
0.550.220.670.530.510.20.21-0.40.290.150.50.250.390.380.390.150.410.26-0.40.630.280.61-0.020.510.46
0.980.930.740.670.510.220.9-0.970.770.630.91-0.030.830.90.750.630.840.370.450.890.690.850.810.950.91
0.180.13-0.10.080.20.220.18-0.320.31-0.10.14-0.110.180.210.070.10.220.340.040.150.450.360.10.170.2
0.90.980.640.670.210.90.18-0.920.820.50.88-0.110.740.860.710.520.670.510.540.750.630.660.890.880.8
-0.93-0.95-0.64-0.58-0.4-0.97-0.32-0.92-0.77-0.66-0.850.09-0.81-0.91-0.72-0.54-0.79-0.39-0.54-0.83-0.75-0.84-0.83-0.91-0.88
0.760.780.40.410.290.770.310.82-0.770.350.630.10.850.840.320.530.690.780.520.530.690.710.790.630.85
0.60.680.30.160.150.63-0.10.5-0.660.350.440.090.730.620.390.470.6-0.080.630.430.710.580.660.540.7
0.950.860.880.910.50.910.140.88-0.850.630.44-0.050.640.760.870.530.660.360.170.90.510.670.710.970.74
0.06-0.070.18-0.030.25-0.03-0.11-0.110.090.10.09-0.050.21-0.02-0.070.11-0.110.08-0.05-0.020.12-0.14-0.07-0.050.12
0.830.810.430.380.390.830.180.74-0.810.850.730.640.210.840.350.690.810.480.590.570.870.810.810.670.95
0.860.880.610.480.380.90.210.86-0.910.840.620.76-0.020.840.650.570.820.450.550.790.690.880.870.840.95
0.770.70.870.790.390.750.070.71-0.720.320.390.87-0.070.350.650.390.480.020.110.90.250.520.570.910.55
0.640.560.370.350.150.630.10.52-0.540.530.470.530.110.690.570.390.77-0.040.510.550.540.570.690.560.69
0.790.720.480.40.410.840.220.67-0.790.690.60.66-0.110.810.820.480.770.210.50.710.710.880.740.730.87
0.390.410.180.340.260.370.340.51-0.390.78-0.080.360.080.480.450.02-0.040.210.070.150.390.350.350.270.43
0.350.61-0.11-0.2-0.40.450.040.54-0.540.520.630.17-0.050.590.550.110.510.50.070.150.550.360.760.280.55
0.90.750.90.760.630.890.150.75-0.830.530.430.9-0.020.570.790.90.550.710.150.150.420.770.60.950.74
0.680.710.210.280.280.690.450.63-0.750.690.710.510.120.870.690.250.540.710.390.550.420.720.690.540.8
0.80.710.530.430.610.850.360.66-0.840.710.580.67-0.140.810.880.520.570.880.350.360.770.720.650.750.91
0.780.920.430.43-0.020.810.10.89-0.830.790.660.71-0.070.810.870.570.690.740.350.760.60.690.650.740.85
0.960.880.870.810.510.950.170.88-0.910.630.540.97-0.050.670.840.910.560.730.270.280.950.540.750.740.8
0.890.850.580.470.460.910.20.8-0.880.850.70.740.120.950.950.550.690.870.430.550.740.80.910.850.8
Click cells to compare fundamentals

Impinj Account Relationship Matchups

Impinj fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets207.6M315.5M349.7M359.4M489.1M513.5M
Short Long Term Debt Total73.5M304.4M294.4M294.6M292.8M307.4M
Other Current Liab3.4M5.3M8.9M17.1M25.0M26.2M
Total Current Liabilities27.6M35.5M42.4M30.9M331.2M347.7M
Total Stockholder Equity109.1M(11.1M)15.6M34.1M149.9M157.4M
Property Plant And Equipment Net30.3M39.2M49.5M54.6M57.8M60.6M
Current Deferred Revenue6.8M558K2.3M1.7M1.8M1.6M
Net Debt49.8M180.5M274.8M199.8M246.7M259.1M
Retained Earnings(314.7M)(362.5M)(386.8M)(430.2M)(389.3M)(408.8M)
Accounts Payable10.1M11.7M25.0M8.7M17.3M9.0M
Cash23.6M123.9M19.6M94.8M46.1M40.1M
Non Current Assets Total36.3M59.7M74.6M89.7M162.7M170.8M
Non Currrent Assets Other2.1M2.5M2.0M1.5M1.0M2.0M
Cash And Short Term Investments106.1M193.3M173.7M113.2M164.7M94.6M
Net Receivables25.0M35.4M50.0M54.9M56.8M28.5M
Common Stock Total Equity22K23K25K26K29.9K23.5K
Common Stock Shares Outstanding22.8M24.2M25.5M26.8M29.5M20.2M
Short Term Investments82.5M69.4M154.1M18.4M118.7M65.7M
Liabilities And Stockholders Equity207.6M315.5M349.7M359.4M489.1M513.5M
Non Current Liabilities Total70.9M291.1M291.8M294.4M8.0M7.6M
Inventory36.3M22.0M46.4M97.2M99.3M104.3M
Other Current Assets7.7M9.7M5.0M4.4M5.5M3.7M
Other Stockholder Equity423.8M351.4M403.6M463.9M541.1M307.1M
Total Liab98.5M326.6M334.1M325.3M339.2M172.5M
Property Plant And Equipment Gross30.3M39.2M49.5M86.3M99.7M104.7M
Total Current Assets171.4M255.8M275.2M269.7M326.4M167.1M
Accumulated Other Comprehensive Income3K(39K)(1.2M)355K(1.9M)(2.0M)
Short Term Debt7.3M17.9M6.2M3.4M287.1M301.4M
Common Stock23K25K26K27K29K24.6K
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 Debt54.6M278.7M280.2M281.9M324.1M340.3M
Short Long Term Debt5.9M94K9.6M283.5M326.0M342.3M
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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
1.39
Revenue Per Share
13.097
Quarterly Revenue Growth
0.296
Return On Assets
(0)
Return On Equity
0.4439
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.