Ipsidy Gross Profit Margin vs Total Current Liabilities Analysis

AUID Stock

USD 7.58 0.09 1.17%

Ipsidy financial indicator trend analysis is infinitely more than just investigating Ipsidy Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ipsidy Inc is a good investment. Please check the relationship between Ipsidy Gross Profit Margin and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ipsidy Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Gross Profit Margin vs Total Current Liabilities

Gross Profit Margin vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ipsidy Inc Gross Profit Margin account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.

The correlation between Ipsidy's Gross Profit Margin and Total Current Liabilities is 0.39. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ipsidy Inc, assuming nothing else is changed. The correlation between historical values of Ipsidy's Gross Profit Margin and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Ipsidy Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Gross Profit Margin i.e., Ipsidy's Gross Profit Margin and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Gross Profit Margin

Total Current Liabilities

Total Current Liabilities is an item on Ipsidy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ipsidy Inc 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.

Most indicators from Ipsidy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ipsidy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ipsidy Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

At present, Ipsidy's Sales General And Administrative To Revenue is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Research Development	1.6M	6.3M	2.8M	1.6M
Interest Expense	585.6K	1.4M	1.1M	1.1M

Research Development Interest Expense

Ipsidy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Intangible Assets	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total	Other Current Assets	Short Term Debt	Good Will
Total Assets		-0.15	-0.11	0.48	-0.24	-0.78	0.63	0.64	0.61	0.77	0.08	0.67	0.49	0.5	0.56	0.9	0.46	0.17	-0.51	0.69	0.46	0.34	0.42	0.78	0.06	0.94
Other Current Liab	-0.15		1.0	-0.85	0.2	0.14	-0.26	-0.26	-0.22	-0.28	0.89	-0.18	0.09	-0.14	0.12	-0.12	0.1	0.49	0.57	0.09	-0.02	0.57	0.07	-0.29	0.72	-0.26
Total Current Liabilities	-0.11	1.0		-0.84	0.21	0.11	-0.24	-0.24	-0.2	-0.26	0.91	-0.17	0.11	-0.11	0.18	-0.07	0.11	0.5	0.55	0.13	0.01	0.6	0.12	-0.26	0.73	-0.21
Total Stockholder Equity	0.48	-0.85	-0.84		-0.56	-0.49	0.63	0.63	0.56	0.62	-0.82	0.59	0.05	0.25	-0.12	0.35	0.11	-0.41	-0.63	0.11	-0.08	-0.35	-0.23	0.65	-0.49	0.49
Net Debt	-0.24	0.2	0.21	-0.56		0.47	-0.81	-0.81	-0.7	-0.54	0.41	-0.78	0.37	0.27	0.23	0.04	0.01	0.36	0.22	0.29	0.61	0.07	0.56	-0.46	-0.16	-0.17
Retained Earnings	-0.78	0.14	0.11	-0.49	0.47		-0.86	-0.86	-0.92	-0.98	0.01	-0.9	-0.04	-0.04	-0.37	-0.56	-0.08	0.13	0.4	-0.21	-0.37	-0.15	-0.21	-0.76	-0.35	-0.73
Cash	0.63	-0.26	-0.24	0.63	-0.81	-0.86		1.0	0.95	0.9	-0.24	0.99	-0.15	-0.17	0.14	0.36	0.1	-0.28	-0.42	-0.03	-0.03	-0.01	-0.08	0.63	0.2	0.59
Cash And Short Term Investments	0.64	-0.26	-0.24	0.63	-0.81	-0.86	1.0		0.95	0.9	-0.24	0.99	-0.14	-0.16	0.14	0.36	0.1	-0.27	-0.43	-0.02	-0.03	-0.01	-0.08	0.64	0.19	0.6
Common Stock Shares Outstanding	0.61	-0.22	-0.2	0.56	-0.7	-0.92	0.95	0.95		0.94	-0.17	0.96	-0.13	-0.15	0.2	0.36	-0.03	-0.23	-0.36	-0.03	0.07	0.09	-0.01	0.68	0.26	0.59
Other Stockholder Equity	0.77	-0.28	-0.26	0.62	-0.54	-0.98	0.9	0.9	0.94		-0.17	0.93	0.03	0.06	0.3	0.55	0.08	-0.2	-0.47	0.19	0.3	0.07	0.13	0.79	0.22	0.74
Total Liab	0.08	0.89	0.91	-0.82	0.41	0.01	-0.24	-0.24	-0.17	-0.17		-0.17	0.22	-0.02	0.51	0.17	0.15	0.56	0.39	0.28	0.36	0.62	0.51	-0.24	0.62	0.05
Total Current Assets	0.67	-0.18	-0.17	0.59	-0.78	-0.9	0.99	0.99	0.96	0.93	-0.17		-0.11	-0.13	0.18	0.4	0.12	-0.23	-0.39	0.03	0.02	0.06	-0.05	0.67	0.27	0.62
Common Stock	0.49	0.09	0.11	0.05	0.37	-0.04	-0.15	-0.14	-0.13	0.03	0.22	-0.11		0.77	0.18	0.68	0.53	0.67	-0.07	0.9	0.43	0.45	0.29	0.22	-0.33	0.4
Property Plant And Equipment Net	0.5	-0.14	-0.11	0.25	0.27	-0.04	-0.17	-0.16	-0.15	0.06	-0.02	-0.13	0.77		0.28	0.71	0.32	0.3	-0.38	0.9	0.24	0.31	0.19	0.5	-0.35	0.47
Accounts Payable	0.56	0.12	0.18	-0.12	0.23	-0.37	0.14	0.14	0.2	0.3	0.51	0.18	0.18	0.28		0.69	0.14	0.25	-0.28	0.46	0.58	0.42	0.87	0.27	0.15	0.72
Non Current Assets Total	0.9	-0.12	-0.07	0.35	0.04	-0.56	0.36	0.36	0.36	0.55	0.17	0.4	0.68	0.71	0.69		0.49	0.33	-0.49	0.86	0.56	0.41	0.57	0.64	-0.15	0.93
Non Currrent Assets Other	0.46	0.1	0.11	0.11	0.01	-0.08	0.1	0.1	-0.03	0.08	0.15	0.12	0.53	0.32	0.14	0.49		0.5	0.14	0.51	0.16	0.25	0.12	0.15	-0.18	0.42
Other Assets	0.17	0.49	0.5	-0.41	0.36	0.13	-0.28	-0.27	-0.23	-0.2	0.56	-0.23	0.67	0.3	0.25	0.33	0.5		0.58	0.54	0.22	0.71	0.29	-0.08	0.04	0.11
Net Receivables	-0.51	0.57	0.55	-0.63	0.22	0.4	-0.42	-0.43	-0.36	-0.47	0.39	-0.39	-0.07	-0.38	-0.28	-0.49	0.14	0.58		-0.26	-0.22	0.31	-0.22	-0.46	0.33	-0.58
Intangible Assets	0.69	0.09	0.13	0.11	0.29	-0.21	-0.03	-0.02	-0.03	0.19	0.28	0.03	0.9	0.9	0.46	0.86	0.51	0.54	-0.26		0.46	0.53	0.41	0.46	-0.17	0.62
Short Long Term Debt Total	0.46	-0.02	0.01	-0.08	0.61	-0.37	-0.03	-0.03	0.07	0.3	0.36	0.02	0.43	0.24	0.58	0.56	0.16	0.22	-0.22	0.46		0.09	0.84	0.09	-0.01	0.52
Current Deferred Revenue	0.34	0.57	0.6	-0.35	0.07	-0.15	-0.01	-0.01	0.09	0.07	0.62	0.06	0.45	0.31	0.42	0.41	0.25	0.71	0.31	0.53	0.09		0.24	0.25	0.33	0.26
Non Current Liabilities Total	0.42	0.07	0.12	-0.23	0.56	-0.21	-0.08	-0.08	-0.01	0.13	0.51	-0.05	0.29	0.19	0.87	0.57	0.12	0.29	-0.22	0.41	0.84	0.24		-0.03	0.0	0.57
Other Current Assets	0.78	-0.29	-0.26	0.65	-0.46	-0.76	0.63	0.64	0.68	0.79	-0.24	0.67	0.22	0.5	0.27	0.64	0.15	-0.08	-0.46	0.46	0.09	0.25	-0.03		0.13	0.7
Short Term Debt	0.06	0.72	0.73	-0.49	-0.16	-0.35	0.2	0.19	0.26	0.22	0.62	0.27	-0.33	-0.35	0.15	-0.15	-0.18	0.04	0.33	-0.17	-0.01	0.33	0.0	0.13		-0.09
Good Will	0.94	-0.26	-0.21	0.49	-0.17	-0.73	0.59	0.6	0.59	0.74	0.05	0.62	0.4	0.47	0.72	0.93	0.42	0.11	-0.58	0.62	0.52	0.26	0.57	0.7	-0.09

Click cells to compare fundamentals

Ipsidy Account Relationship Matchups

Ipsidy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.5M	13.9M	13.8M	9.4M	15.4M	9.3M
Other Current Liab	1.4M	2.2M	1.4M	544.7K	1.1M	1.0M
Total Current Liabilities	2.7M	2.9M	2.9M	1.2M	1.7M	1.6M
Total Stockholder Equity	8.3M	4.6M	10.9M	283.5K	13.2M	13.9M
Net Debt	2.3M	2.7M	(5.3M)	4.6M	(10.0M)	(9.5M)
Retained Earnings	(86.9M)	(98.2M)	(115.9M)	(140.1M)	(159.5M)	(151.6M)
Cash	567.1K	3.8M	6.0M	3.2M	10.2M	10.7M
Cash And Short Term Investments	632.4K	3.8M	6.0M	3.2M	10.2M	10.7M
Common Stock Shares Outstanding	2.1M	2.3M	2.7M	3.1M	6.2M	6.5M
Liabilities And Stockholders Equity	13.5M	13.9M	13.8M	9.4M	15.4M	9.3M
Other Stockholder Equity	95.0M	102.6M	126.6M	140.3M	172.7M	181.4M
Total Liab	5.3M	9.3M	2.9M	9.1M	2.2M	2.1M
Total Current Assets	1.7M	4.4M	6.9M	4.3M	10.9M	11.4M
Common Stock	51.8K	58.9K	2.3K	2.5K	945.0	897.75
Property Plant And Equipment Net	115.7K	204K	333.0K	147.7K	118.5K	0.0
Accounts Payable	621.3K	311.0K	593.6K	623.1K	339.8K	500.7K
Non Current Assets Total	11.9M	9.5M	6.9M	5.0M	4.5M	6.5M
Non Currrent Assets Other	83.9K	190.4K	69.2K	278.0K	(1.0)	(0.95)
Other Assets	578.6K	612.4K	69.2K	1.0	0.9	0.86
Net Receivables	125.9K	73.0K	137.8K	261.8K	91.3K	141.0K
Intangible Assets	5.7M	4.5M	2.5M	566.3K	327.0K	310.7K
Short Long Term Debt Total	2.9M	6.5M	744.0K	7.8M	224.4K	213.2K
Current Deferred Revenue	425.3K	237.7K	246.8K	81.3K	255.8K	208.0K
Non Current Liabilities Total	2.6M	6.3M	1.6M	7.8M	549.4K	522.0K
Other Current Assets	753.5K	237.8K	597.6K	349.7K	633.3K	422.5K
Short Term Debt	282.8K	162.6K	744.0K	662K	761.3K	431.8K
Inventory	173.6K	255.0K	153.1K	498.1K	572.8K	295.5K
Accumulated Other Comprehensive Income	177.4K	160.6K	211.5K	155.9K	12.6K	12.0K
Net Tangible Assets	3.0M	(2.7M)	(4.1M)	8.0M	9.2M	9.7M
Long Term Debt	1.9M	2.4M	6.3M	7.8M	224.4K	213.2K
Capital Lease Obligations	115.5K	458.8K	215.0K	80.4K	72.3K	68.7K
Net Invested Capital	10.7M	10.9M	11.6M	8.1M	13.4M	9.9M
Net Working Capital	(996.0K)	1.5M	4.0M	3.1M	9.2M	9.7M
Property Plant Equipment	204K	333.0K	97.8K	118.5K	106.7K	154.1K
Capital Stock	51.8K	58.9K	2.3K	2.5K	945.0	897.75

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 Ipsidy 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, Ipsidy's short interest history, or implied volatility extrapolated from Ipsidy options trading.

Pair Trading with Ipsidy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ipsidy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ipsidy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ipsidy Stock

0.85

SentinelOne Financial Report 6th of June 2024

Pair Corr

Moving against Ipsidy Stock

0.8	NN	Nextnav Acquisition Corp Financial Report 8th of May 2024	Pair Corr
0.7	VERI	Veritone Financial Report 7th of May 2024	Pair Corr
0.65	GB	Global Blue Group	Pair Corr
0.55	SQ	Block Inc	Pair Corr
0.42	DTSS	Datasea	Pair Corr

The ability to find closely correlated positions to Ipsidy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ipsidy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ipsidy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ipsidy Inc to buy it.

The correlation of Ipsidy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ipsidy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ipsidy Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ipsidy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Ipsidy Inc is a strong investment it is important to analyze Ipsidy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ipsidy's future performance. For an informed investment choice regarding Ipsidy Stock, refer to the following important reports:

How To Invest In Ipsidy

Details

Is Ipsidy Stock a good investment?

Details

What is Ipsidy's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ipsidy Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Ipsidy Stock analysis

When running Ipsidy's price analysis, check to measure Ipsidy'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 Ipsidy is operating at the current time. Most of Ipsidy's value examination focuses on studying past and present price action to predict the probability of Ipsidy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ipsidy's price. Additionally, you may evaluate how the addition of Ipsidy to your portfolios can decrease your overall portfolio volatility.

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Is Ipsidy'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 Ipsidy. If investors know Ipsidy 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 Ipsidy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(3.19)

Revenue Per Share

0.031

Quarterly Revenue Growth

(0.73)

Return On Assets

(0.54)

Return On Equity

(2.91)

The market value of Ipsidy Inc is measured differently than its book value, which is the value of Ipsidy that is recorded on the company's balance sheet. Investors also form their own opinion of Ipsidy's value that differs from its market value or its book value, called intrinsic value, which is Ipsidy'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 Ipsidy's market value can be influenced by many factors that don't directly affect Ipsidy'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 Ipsidy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ipsidy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ipsidy'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.

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Ipsidy Gross Profit Margin vs Total Current Liabilities Analysis

Gross Profit Margin vs Total Current Liabilities

Gross Profit Margin vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Gross Profit Margin

Total Current Liabilities

Ipsidy fundamental ratios Correlations

Ipsidy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ipsidy fundamental ratios Accounts

Pair Trading with Ipsidy

Moving together with Ipsidy Stock

Moving against Ipsidy Stock

Complementary Tools for Ipsidy Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Current Assets	+ 0.96	Common Stock Shares Outstanding
Common Stock Shares Outstanding	+ 0.95	Cash

Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.92	Retained Earnings
Total Current Assets	- 0.9	Retained Earnings
Cash And Short Term Investments	- 0.86	Retained Earnings
Cash	- 0.86	Retained Earnings
Total Stockholder Equity	- 0.85	Other Current Liab