Immix Property Plant And Equipment Net vs Accounts Payable Analysis

IMMX Stock  USD 2.08  0.06  2.80%   
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 Property Plant And Equipment Net and its Accounts Payable 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 closely tied 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immix Biopharma Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Immix Biopharma's Property Plant And Equipment Net and Accounts Payable is 0.6. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable 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 Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Immix Biopharma are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Immix Biopharma's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.
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 closely tied 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
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Immix Biopharma Account Relationship Matchups

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