Innovative Historical Balance Sheet
002173 Stock | 8.93 0.55 6.56% |
Trend analysis of Innovative Medical Management balance sheet accounts such as Other Current Liab of 45.3 K, Total Current Liabilities of 442.5 M or Total Stockholder Equity of 1.4 B provides information on Innovative Medical's total assets, liabilities, and equity, which is the actual value of Innovative Medical to its prevalent stockholders. By breaking down trends over time using Innovative Medical balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Innovative Medical latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Innovative Medical is a good buy for the upcoming year.
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About Innovative Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Innovative Medical at a specified time, usually calculated after every quarter, six months, or one year. Innovative Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Innovative Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Innovative currently owns. An asset can also be divided into two categories, current and non-current.
Innovative Medical Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Innovative Medical 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 Innovative Medical 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.Total Current Liabilities
Total Current Liabilities is an item on Innovative Medical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Innovative Medical Management 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 Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Innovative Medical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Innovative Medical current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovative Medical Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Innovative Medical's Total Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 218.5 M, whereas Total Assets are forecasted to decline to about 1.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 77.2M | 6K | 47.7K | 45.3K | Total Assets | 2.6B | 2.3B | 2.3B | 1.9B |
Innovative Medical balance sheet Correlations
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Innovative Medical Account Relationship Matchups
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Innovative Medical balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.0B | 2.7B | 2.6B | 2.3B | 2.3B | 1.9B | |
Other Current Liab | 30.8M | 113.8M | 77.2M | 6K | 47.7K | 45.3K | |
Total Current Liabilities | 315.8M | 358.4M | 346.0M | 322.4M | 325.4M | 442.5M | |
Total Stockholder Equity | 2.5B | 2.1B | 2.0B | 1.9B | 1.9B | 1.4B | |
Retained Earnings | (739.3M) | (1.1B) | (1.2B) | (1.3B) | (1.3B) | (1.2B) | |
Accounts Payable | 166.6M | 180.5M | 183.4M | 210.1M | 208.1M | 218.5M | |
Cash | 879.3M | 346.3M | 225.7M | 658.5M | 563.1M | 314.9M | |
Net Receivables | 213.9M | 72.9M | 89.4M | 51.6M | 102.8M | 136.7M | |
Inventory | 53.5M | 34.5M | 43.0M | 49.3M | 41.8M | 39.7M | |
Other Current Assets | 19.5M | 20.2M | 7.8M | 3.0M | 1.1M | 1.1M | |
Total Liab | 498.1M | 533.1M | 565.3M | 434.4M | 410.4M | 525.7M | |
Intangible Assets | 132.0M | 128.7M | 125.2M | 121.8M | 129.6M | 136.0M | |
Property Plant Equipment | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.7B | |
Other Assets | 121.5M | 89.0M | 38.5M | 73.5M | 84.5M | 88.8M | |
Long Term Debt | 42.4M | 66.5M | 39M | 9M | 8.1M | 7.7M | |
Other Liab | 120.9M | 165.7M | 185.4M | 90.5M | 104.1M | 54.8M | |
Net Tangible Assets | 2.5B | 2.2B | 2.0B | 1.9B | 2.1B | 2.2B | |
Deferred Long Term Liab | 36.2M | 28.9M | 22.6M | 52.6M | 60.4M | 63.5M | |
Short Long Term Debt | 215M | 1.7M | 3M | 23.1M | 30.2M | 28.7M | |
Total Current Assets | 1.2B | 1.1B | 940.0M | 771.6M | 733.1M | 1.1B | |
Non Current Assets Total | 1.7B | 1.6B | 1.6B | 1.6B | 1.5B | 1.5B | |
Non Currrent Assets Other | 29.6M | 7.5M | 6.7M | 1.6M | 1.8M | 1.7M | |
Good Will | 1.0B | 127.0M | 0.0 | 986.7K | 888.1K | 843.7K | |
Non Current Liabilities Total | 182.3M | 174.7M | 219.3M | 112.0M | 85.0M | 129.2M | |
Non Current Liabilities Other | 70.1M | 113.4M | 130.4M | 39.2M | 16.0M | 15.2M | |
Short Term Investments | 61.4M | 593.5M | 574.0M | 20.1M | 18.1M | 17.2M | |
Net Invested Capital | 2.5B | 2.2B | 2.0B | 1.9B | 1.9B | 2.1B | |
Net Working Capital | 911.9M | 761.6M | 594.1M | 449.3M | 407.6M | 669.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Innovative Stock
Balance Sheet is a snapshot of the financial position of Innovative Medical at a specified time, usually calculated after every quarter, six months, or one year. Innovative Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Innovative Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Innovative currently owns. An asset can also be divided into two categories, current and non-current.