InterRent Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

IIP-UN Stock  CAD 12.34  0.20  1.65%   
InterRent Real financial indicator trend analysis is infinitely more than just investigating InterRent Real Estate recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InterRent Real Estate is a good investment. Please check the relationship between InterRent Real Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterRent Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterRent Real Estate Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between InterRent Real's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.22. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of InterRent Real Estate, assuming nothing else is changed. The correlation between historical values of InterRent Real's Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of InterRent Real Estate are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., InterRent Real's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of InterRent Real Estate balance sheet. This account contains InterRent Real investments that will expire within one year. These investments include stocks and bonds that can be liquidated by InterRent Real Estate fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from InterRent Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InterRent Real Estate 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterRent Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
At present, InterRent Real's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.8 B, whereas Issuance Of Capital Stock is forecasted to decline to about 679.2 K.
 2021 2022 2023 2024 (projected)
Gross Profit132.4M157.4M173.6M182.3M
Total Revenue185.1M216.4M237.1M249.0M

InterRent Real fundamental ratios Correlations

0.980.640.610.990.940.971.00.360.111.00.130.960.450.990.590.990.810.43-0.31-0.570.980.51-0.370.890.92
0.980.610.710.950.920.990.960.410.00.980.020.930.340.990.60.950.840.48-0.29-0.670.960.57-0.40.860.86
0.640.61-0.030.60.650.680.590.67-0.020.64-0.010.690.810.680.140.580.540.16-0.360.080.580.46-0.510.570.6
0.610.71-0.030.590.510.630.610.1-0.090.6-0.060.51-0.420.620.70.620.540.49-0.12-0.950.660.39-0.120.550.47
0.990.950.60.590.930.951.00.30.170.990.190.960.450.970.611.00.790.42-0.29-0.550.980.48-0.340.890.94
0.940.920.650.510.930.930.940.280.040.940.060.850.510.940.470.920.840.37-0.3-0.460.910.29-0.160.910.91
0.970.990.680.630.950.930.950.45-0.050.98-0.030.930.440.990.510.940.820.42-0.41-0.590.950.54-0.390.850.86
1.00.960.590.611.00.940.950.290.131.00.150.950.430.970.590.990.810.45-0.28-0.570.980.48-0.330.90.94
0.360.410.670.10.30.280.450.29-0.250.36-0.240.490.40.440.030.310.24-0.15-0.320.010.280.58-0.610.260.28
0.110.0-0.02-0.090.170.04-0.050.13-0.250.11.00.20.120.020.610.21-0.010.070.360.070.080.09-0.130.090.2
1.00.980.640.60.990.940.981.00.360.10.120.960.460.990.580.990.810.43-0.31-0.560.980.51-0.370.890.92
0.130.02-0.01-0.060.190.06-0.030.15-0.241.00.120.220.10.030.630.230.010.090.360.050.10.1-0.130.120.23
0.960.930.690.510.960.850.930.950.490.20.960.220.530.950.590.960.720.35-0.3-0.470.930.64-0.540.80.88
0.450.340.81-0.420.450.510.440.430.40.120.460.10.530.45-0.160.40.35-0.06-0.260.410.360.2-0.350.380.49
0.990.990.680.620.970.940.990.970.440.020.990.030.950.450.550.960.830.43-0.33-0.580.960.56-0.410.870.88
0.590.60.140.70.610.470.510.590.030.610.580.630.59-0.160.550.660.440.420.08-0.670.610.43-0.250.520.53
0.990.950.580.621.00.920.940.990.310.210.990.230.960.40.960.660.760.4-0.29-0.580.980.48-0.330.880.93
0.810.840.540.540.790.840.820.810.24-0.010.810.010.720.350.830.440.760.74-0.11-0.510.780.53-0.410.810.73
0.430.480.160.490.420.370.420.45-0.150.070.430.090.35-0.060.430.420.40.740.18-0.470.460.52-0.410.490.38
-0.31-0.29-0.36-0.12-0.29-0.3-0.41-0.28-0.320.36-0.310.36-0.3-0.26-0.330.08-0.29-0.110.180.1-0.320.0-0.04-0.21-0.24
-0.57-0.670.08-0.95-0.55-0.46-0.59-0.570.010.07-0.560.05-0.470.41-0.58-0.67-0.58-0.51-0.470.1-0.62-0.380.1-0.4-0.34
0.980.960.580.660.980.910.950.980.280.080.980.10.930.360.960.610.980.780.46-0.32-0.620.48-0.320.890.91
0.510.570.460.390.480.290.540.480.580.090.510.10.640.20.560.430.480.530.520.0-0.380.48-0.960.330.34
-0.37-0.4-0.51-0.12-0.34-0.16-0.39-0.33-0.61-0.13-0.37-0.13-0.54-0.35-0.41-0.25-0.33-0.41-0.41-0.040.1-0.32-0.96-0.2-0.24
0.890.860.570.550.890.910.850.90.260.090.890.120.80.380.870.520.880.810.49-0.21-0.40.890.33-0.20.97
0.920.860.60.470.940.910.860.940.280.20.920.230.880.490.880.530.930.730.38-0.24-0.340.910.34-0.240.97
Click cells to compare fundamentals

InterRent Real Account Relationship Matchups

InterRent Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.2B4.1B4.3B4.4B4.7B
Short Long Term Debt Total908.4M999.6M1.5B1.7B1.9B2.0B
Other Current Liab23.2M23.7M34.9M39.4M22.3M15.2M
Total Current Liabilities30.4M27.4M38.9M45.9M1.8B1.8B
Total Stockholder Equity1.7B2.1B2.4B2.5B2.6B2.7B
Property Plant And Equipment Net1.7M2.4M3.9M5.1M3.9M3.7M
Net Debt907.6M948.0M1.5B1.7B1.7B1.8B
Retained Earnings955.7M1.1B1.4B1.4B1.5B1.6B
Accounts Payable7.2M3.8M4.0M6.5M7.1M3.8M
Cash753K51.6M2.1M4.3M2.5M4.3M
Non Current Assets Total2.8B3.1B4.1B4.3B4.4B4.6B
Cash And Short Term Investments753K51.6M2.1M4.3M4.9M4.3M
Common Stock Shares Outstanding106.0M121.5M138.4M140.2M144.8M152.0M
Liabilities And Stockholders Equity2.8B3.2B4.1B4.3B5.0B5.2B
Non Current Liabilities Total1.0B1.1B1.7B1.8B109.8M104.3M
Total Liab1.1B1.1B1.7B1.8B1.9B2.0B
Total Current Assets5.0M66.2M10.7M16.0M58.1M61.0M
Common Stock766.3M1.0B1.0B1.1B1.2B1.3B
Net Receivables2.0M3.1M5.7M9.1M6.6M6.9M
Other Current Assets467K1.4M2.9M2.6M3.0M3.2M
Non Currrent Assets Other2.8B3.1B4.1B4.3B4.9B5.1B
Other Liab11.7M13.3M16.7M18.2M21.0M13.3M
Net Tangible Assets1.7B2.1B2.4B2.5B2.9B1.6B
Other Assets11.7M11.2M10.9M8.9M10.2M18.1M
Long Term Debt908.4M999.6M1.5B1.7B1.9B1.1B
Deferred Long Term Liab239K197K323K387K445.1K320.8K
Property Plant Equipment2.8B3.1B4.1B4.3B4.9B2.8B
Long Term Investments25.2M28.0M30.6M32.5M48.0M45.6M
Non Current Liabilities Other65.1M60.0M59.0M43.7M28.6M45.7M
Net Invested Capital2.6B3.1B3.9B4.2B4.3B3.4B
Net Working Capital(25.4M)38.7M(28.2M)(29.8M)(1.7B)(1.6B)
Capital Stock766.3M1.0B1.0B1.1B1.1B1.0B

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterRent Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Please note, there is a significant difference between InterRent Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterRent Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterRent Real'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.