Independence Balance Sheet Analysis
ICD Stock | USD 1.85 0.07 3.65% |
Independence |
Most accounts from Independence Contract's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Independence Contract 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 Independence Contract Valuation and Independence Contract Correlation analysis. At present, Independence Contract's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Current Deferred Revenue is expected to grow to about 891.7 K, whereas Other Current Liabilities is forecasted to decline to about 12.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 17.9M | 16.6M | 14.9M | 12.8M | Total Assets | 397.1M | 429.7M | 511.2M | 404.9M |
Independence Contract balance sheet Correlations
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Independence Contract Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Independence Contract balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 517.0M | 413.2M | 397.1M | 429.7M | 511.2M | 404.9M | |
Other Current Liab | 21.5M | 10.6M | 17.9M | 16.6M | 14.9M | 12.8M | |
Other Liab | 652K | 3.4M | 19.0M | 19.4M | 22.3M | 23.4M | |
Net Debt | 133.4M | 133.0M | 142.1M | 140.4M | 152.5M | 85.7M | |
Retained Earnings | (170.4M) | (267.1M) | (333.8M) | (399.1M) | (436.8M) | (415.0M) | |
Accounts Payable | 22.7M | 4.1M | 15.3M | 31.9M | 23.0M | 16.9M | |
Cash | 5.2M | 12.3M | 4.1M | 5.3M | 5.6M | 7.4M | |
Net Receivables | 35.8M | 10.0M | 22.2M | 39.8M | 31.7M | 24.2M | |
Inventory | 2.3M | 1.0M | 1.2M | 1.5M | 1.6M | 1.5M | |
Other Current Assets | 4.6M | 4.1M | 4.8M | 4.7M | 4.3M | 4.4M | |
Total Liab | 185.4M | 166.2M | 201.9M | 215.0M | 329.7M | 346.1M | |
Total Current Assets | 56.7M | 27.4M | 32.3M | 51.7M | 43.1M | 44.9M | |
Treasury Stock | (3.0M) | (3.8M) | (3.9M) | (3.9M) | (3.5M) | (3.4M) | |
Common Stock | 762K | 62K | 102K | 136K | 144K | 231.3K | |
Other Assets | 1.7M | 3.5M | 2.4M | 2.0M | 2.3M | 2.1M | |
Long Term Debt | 134.9M | 137.6M | 140.4M | 141.6M | 152.9M | 101.8M | |
Net Tangible Assets | 331.6M | 247.0M | 195.2M | 214.7M | 193.2M | 208.1M | |
Long Term Debt Total | 134.9M | 137.6M | 141.7M | 143.2M | 164.7M | 103.7M | |
Capital Surpluse | 505.1M | 517.9M | 532.8M | 617.6M | 710.2M | 473.9M | |
Short Long Term Debt | 587K | 3.7M | 7.6M | (36K) | (32.4K) | (30.8K) | |
Short Term Debt | 3.7M | 7.6M | 4.5M | 2.5M | 2.2M | 2.1M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Independence Contract in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Independence Contract's short interest history, or implied volatility extrapolated from Independence Contract options trading.
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Try AI Portfolio ArchitectCheck out Independence Contract Valuation and Independence Contract Correlation analysis. Note that the Independence Contract information on this page should be used as a complementary analysis to other Independence Contract's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Independence Stock analysis
When running Independence Contract's price analysis, check to measure Independence Contract's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Contract is operating at the current time. Most of Independence Contract's value examination focuses on studying past and present price action to predict the probability of Independence Contract's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Contract's price. Additionally, you may evaluate how the addition of Independence Contract to your portfolios can decrease your overall portfolio volatility.
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Is Independence Contract's industry 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 Independence Contract. If investors know Independence 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 Independence Contract listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.69) | Revenue Per Share 14.995 | Quarterly Revenue Growth (0.24) | Return On Assets 0.017 | Return On Equity (0.19) |
The market value of Independence Contract is measured differently than its book value, which is the value of Independence that is recorded on the company's balance sheet. Investors also form their own opinion of Independence Contract's value that differs from its market value or its book value, called intrinsic value, which is Independence Contract'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 Independence Contract's market value can be influenced by many factors that don't directly affect Independence Contract'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 Independence Contract's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Contract is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independence Contract'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.