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.
 
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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.

Innovative Medical Inventory

39.71 Million

  
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.

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

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.

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 Liabilities77.2M6K47.7K45.3K
Total Assets2.6B2.3B2.3B1.9B

Innovative Medical balance sheet Correlations

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0.560.440.460.5-0.20.340.470.720.060.940.20.21-0.040.280.25-0.15-0.170.230.16-0.230.150.60.730.00.4
0.99-0.030.46-0.060.490.820.71-0.180.410.670.830.780.70.870.040.560.010.920.880.420.870.820.790.8-0.08
0.00.350.5-0.06-0.89-0.150.420.770.320.35-0.55-0.59-0.73-0.290.6-0.72-0.53-0.42-0.52-0.82-0.530.40.45-0.620.98
0.43-0.36-0.20.49-0.890.480.0-0.73-0.060.010.850.890.950.67-0.490.820.510.780.820.930.830.04-0.040.88-0.88
0.81-0.240.340.82-0.150.480.45-0.120.120.550.740.680.610.80.070.460.090.790.810.370.810.560.640.67-0.18
0.72-0.010.470.710.420.00.450.080.750.560.350.380.270.650.440.0-0.110.520.380.060.370.840.720.340.44
-0.070.480.72-0.180.77-0.73-0.120.08-0.20.54-0.49-0.46-0.68-0.370.49-0.62-0.36-0.46-0.49-0.74-0.50.130.32-0.630.67
0.39-0.030.060.410.32-0.060.120.75-0.20.130.150.150.140.440.21-0.06-0.140.270.170.10.160.630.290.210.44
0.750.420.940.670.350.010.550.560.540.130.420.430.190.490.270.12-0.180.460.41-0.060.40.670.810.250.26
0.8-0.180.20.83-0.550.850.740.35-0.490.150.420.950.940.88-0.40.790.320.970.970.770.970.470.440.94-0.56
0.76-0.220.210.78-0.590.890.680.38-0.460.150.430.950.960.88-0.240.740.440.940.930.830.940.420.350.92-0.61
0.65-0.32-0.040.7-0.730.950.610.27-0.680.140.190.940.960.83-0.360.820.450.920.930.90.930.30.210.96-0.72
0.85-0.320.280.87-0.290.670.80.65-0.370.440.490.880.880.83-0.080.540.30.920.880.70.880.670.540.83-0.26
0.090.060.250.040.6-0.490.070.440.490.210.27-0.4-0.24-0.36-0.08-0.4-0.31-0.2-0.24-0.46-0.240.250.3-0.340.58
0.510.05-0.150.56-0.720.820.460.0-0.62-0.060.120.790.740.820.54-0.40.160.710.80.670.80.040.080.85-0.73
-0.02-0.51-0.170.01-0.530.510.09-0.11-0.36-0.14-0.180.320.440.450.3-0.310.160.290.310.610.33-0.07-0.250.34-0.5
0.88-0.230.230.92-0.420.780.790.52-0.460.270.460.970.940.920.92-0.20.710.290.970.710.970.620.570.94-0.43
0.84-0.230.160.88-0.520.820.810.38-0.490.170.410.970.930.930.88-0.240.80.310.970.741.00.510.470.96-0.52
0.36-0.51-0.230.42-0.820.930.370.06-0.740.1-0.060.770.830.90.7-0.460.670.610.710.740.750.11-0.110.81-0.77
0.83-0.240.150.87-0.530.830.810.37-0.50.160.40.970.940.930.88-0.240.80.330.971.00.750.510.460.96-0.53
0.83-0.040.60.820.40.040.560.840.130.630.670.470.420.30.670.250.04-0.070.620.510.110.510.870.410.41
0.830.150.730.790.45-0.040.640.720.320.290.810.440.350.210.540.30.08-0.250.570.47-0.110.460.870.30.39
0.75-0.240.00.8-0.620.880.670.34-0.630.210.250.940.920.960.83-0.340.850.340.940.960.810.960.410.3-0.61
-0.020.280.4-0.080.98-0.88-0.180.440.670.440.26-0.56-0.61-0.72-0.260.58-0.73-0.5-0.43-0.52-0.77-0.530.410.39-0.61
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Innovative Medical Account Relationship Matchups

Innovative Medical balance sheet Accounts

201920202021202220232024 (projected)
Total Assets3.0B2.7B2.6B2.3B2.3B1.9B
Other Current Liab30.8M113.8M77.2M6K47.7K45.3K
Total Current Liabilities315.8M358.4M346.0M322.4M325.4M442.5M
Total Stockholder Equity2.5B2.1B2.0B1.9B1.9B1.4B
Retained Earnings(739.3M)(1.1B)(1.2B)(1.3B)(1.3B)(1.2B)
Accounts Payable166.6M180.5M183.4M210.1M208.1M218.5M
Cash879.3M346.3M225.7M658.5M563.1M314.9M
Net Receivables213.9M72.9M89.4M51.6M102.8M136.7M
Inventory53.5M34.5M43.0M49.3M41.8M39.7M
Other Current Assets19.5M20.2M7.8M3.0M1.1M1.1M
Total Liab498.1M533.1M565.3M434.4M410.4M525.7M
Intangible Assets132.0M128.7M125.2M121.8M129.6M136.0M
Property Plant Equipment1.4B1.4B1.4B1.4B1.6B1.7B
Other Assets121.5M89.0M38.5M73.5M84.5M88.8M
Long Term Debt42.4M66.5M39M9M8.1M7.7M
Other Liab120.9M165.7M185.4M90.5M104.1M54.8M
Net Tangible Assets2.5B2.2B2.0B1.9B2.1B2.2B
Deferred Long Term Liab36.2M28.9M22.6M52.6M60.4M63.5M
Short Long Term Debt215M1.7M3M23.1M30.2M28.7M
Total Current Assets1.2B1.1B940.0M771.6M733.1M1.1B
Non Current Assets Total1.7B1.6B1.6B1.6B1.5B1.5B
Non Currrent Assets Other29.6M7.5M6.7M1.6M1.8M1.7M
Good Will1.0B127.0M0.0986.7K888.1K843.7K
Non Current Liabilities Total182.3M174.7M219.3M112.0M85.0M129.2M
Non Current Liabilities Other70.1M113.4M130.4M39.2M16.0M15.2M
Short Term Investments61.4M593.5M574.0M20.1M18.1M17.2M
Net Invested Capital2.5B2.2B2.0B1.9B1.9B2.1B
Net Working Capital911.9M761.6M594.1M449.3M407.6M669.6M

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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.