Ipsidy Total Assets vs Other Assets Analysis
| AUID Stock | USD 7.84 0.34 4.53% |
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 Total Assets and its Other Assets 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.
Total Assets vs Other Assets
Total Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ipsidy Inc Total Assets account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ipsidy's Total Assets and Other Assets is 0.17. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets 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 Total Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ipsidy Inc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., Ipsidy's Total Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.17 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Ipsidy 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 Ipsidy Inc 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.Other Assets
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 |
Ipsidy fundamental ratios Correlations
Click cells to compare fundamentals
Ipsidy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Ipsidy Stock
| 0.75 | NN | Nextnav Acquisition Corp Buyout Trend | PairCorr |
| 0.66 | GB | Global Blue Group | PairCorr |
| 0.65 | VERI | Veritone | PairCorr |
| 0.41 | SQ | Block Inc | PairCorr |
| 0.41 | DTSS | Datasea | PairCorr |
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.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 CEOs Directory module to screen CEOs from public companies around the world.
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.