Immix Accounts Payable vs Non Current Assets Total Analysis

IMMX Stock  USD 2.11  0.02  0.96%   
Immix Biopharma financial indicator trend analysis is infinitely more than just investigating Immix Biopharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immix Biopharma is a good investment. Please check the relationship between Immix Biopharma Accounts Payable and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immix Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Immix Stock please use our How to Invest in Immix Biopharma guide.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immix Biopharma Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Immix Biopharma's Accounts Payable and Non Current Assets Total is 0.67. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Immix Biopharma, assuming nothing else is changed. The correlation between historical values of Immix Biopharma's Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Immix Biopharma are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Immix Biopharma's Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Immix Biopharma obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Immix Biopharma are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Immix Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immix Biopharma 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 Immix Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Immix Stock please use our How to Invest in Immix Biopharma guide.At this time, Immix Biopharma's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 107.6 M in 2024, whereas Tax Provision is likely to drop slightly above 12.5 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.4M8.2M16.1M16.9M
Cost Of Revenue2.5K2.1K5.5K3.0K

Immix Biopharma fundamental ratios Correlations

-0.970.71-0.831.00.970.52-0.98-0.930.741.00.61.00.570.98-0.970.920.99-0.831.00.52-0.971.00.981.0-0.97
-0.97-0.780.87-0.97-0.99-0.560.990.96-0.74-0.97-0.64-0.97-0.62-0.951.0-0.92-0.970.86-0.97-0.561.0-0.97-0.95-0.971.0
0.71-0.78-0.430.660.730.78-0.76-0.90.910.680.840.680.870.81-0.790.860.78-0.40.650.78-0.780.710.80.66-0.78
-0.830.87-0.43-0.88-0.88-0.150.850.7-0.4-0.85-0.23-0.85-0.2-0.710.85-0.72-0.771.0-0.88-0.150.87-0.83-0.73-0.880.87
1.0-0.970.66-0.880.980.46-0.98-0.90.691.00.541.00.510.95-0.970.90.98-0.881.00.46-0.971.00.961.0-0.97
0.97-0.990.73-0.880.980.56-1.0-0.940.670.980.640.980.610.94-1.00.880.95-0.890.980.56-0.990.970.940.98-0.99
0.52-0.560.78-0.150.460.56-0.6-0.750.60.50.990.50.990.67-0.60.510.57-0.160.471.0-0.560.520.620.45-0.56
-0.980.99-0.760.85-0.98-1.0-0.60.96-0.71-0.98-0.67-0.98-0.64-0.961.0-0.9-0.970.86-0.98-0.60.99-0.98-0.96-0.980.99
-0.930.96-0.90.7-0.9-0.94-0.750.96-0.83-0.92-0.82-0.92-0.81-0.960.97-0.92-0.950.7-0.9-0.750.96-0.93-0.95-0.90.96
0.74-0.740.91-0.40.690.670.6-0.71-0.830.70.670.70.710.83-0.740.920.82-0.370.680.6-0.740.740.840.7-0.74
1.0-0.970.68-0.851.00.980.5-0.98-0.920.70.581.00.550.96-0.970.90.98-0.861.00.5-0.971.00.971.0-0.97
0.6-0.640.84-0.230.540.640.99-0.67-0.820.670.580.580.990.73-0.680.60.65-0.240.550.99-0.640.60.690.53-0.64
1.0-0.970.68-0.851.00.980.5-0.98-0.920.71.00.580.550.96-0.970.90.98-0.861.00.5-0.971.00.971.0-0.97
0.57-0.620.87-0.20.510.610.99-0.64-0.810.710.550.990.550.72-0.650.610.63-0.20.520.99-0.620.570.680.51-0.62
0.98-0.950.81-0.710.950.940.67-0.96-0.960.830.960.730.960.72-0.960.940.99-0.710.950.67-0.950.981.00.95-0.95
-0.971.0-0.790.85-0.97-1.0-0.61.00.97-0.74-0.97-0.68-0.97-0.65-0.96-0.92-0.970.85-0.97-0.61.0-0.97-0.96-0.971.0
0.92-0.920.86-0.720.90.880.51-0.9-0.920.920.90.60.90.610.94-0.920.96-0.690.890.51-0.920.920.950.91-0.92
0.99-0.970.78-0.770.980.950.57-0.97-0.950.820.980.650.980.630.99-0.970.96-0.770.970.57-0.970.991.00.98-0.97
-0.830.86-0.41.0-0.88-0.89-0.160.860.7-0.37-0.86-0.24-0.86-0.2-0.710.85-0.69-0.77-0.88-0.160.86-0.84-0.72-0.880.86
1.0-0.970.65-0.881.00.980.47-0.98-0.90.681.00.551.00.520.95-0.970.890.97-0.880.47-0.971.00.961.0-0.97
0.52-0.560.78-0.150.460.561.0-0.6-0.750.60.50.990.50.990.67-0.60.510.57-0.160.47-0.560.520.620.45-0.56
-0.971.0-0.780.87-0.97-0.99-0.560.990.96-0.74-0.97-0.64-0.97-0.62-0.951.0-0.92-0.970.86-0.97-0.56-0.97-0.95-0.971.0
1.0-0.970.71-0.831.00.970.52-0.98-0.930.741.00.61.00.570.98-0.970.920.99-0.841.00.52-0.970.981.0-0.97
0.98-0.950.8-0.730.960.940.62-0.96-0.950.840.970.690.970.681.0-0.960.951.0-0.720.960.62-0.950.980.96-0.95
1.0-0.970.66-0.881.00.980.45-0.98-0.90.71.00.531.00.510.95-0.970.910.98-0.881.00.45-0.971.00.96-0.97
-0.971.0-0.780.87-0.97-0.99-0.560.990.96-0.74-0.97-0.64-0.97-0.62-0.951.0-0.92-0.970.86-0.97-0.561.0-0.97-0.95-0.97
Click cells to compare fundamentals

Immix Biopharma Account Relationship Matchups

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Immix Biopharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Immix Biopharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Immix Biopharma Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Immix Biopharma Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immix Biopharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Immix Stock please use our How to Invest in Immix Biopharma guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Immix Biopharma's price analysis, check to measure Immix Biopharma'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 Immix Biopharma is operating at the current time. Most of Immix Biopharma's value examination focuses on studying past and present price action to predict the probability of Immix Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immix Biopharma's price. Additionally, you may evaluate how the addition of Immix Biopharma to your portfolios can decrease your overall portfolio volatility.
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Is Immix Biopharma'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 Immix Biopharma. If investors know Immix 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 Immix Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.93)
Return On Assets
(0.58)
Return On Equity
(1.06)
The market value of Immix Biopharma is measured differently than its book value, which is the value of Immix that is recorded on the company's balance sheet. Investors also form their own opinion of Immix Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Immix Biopharma'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 Immix Biopharma's market value can be influenced by many factors that don't directly affect Immix Biopharma'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 Immix Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Immix Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immix Biopharma'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.