Indie Inventory vs Property Plant and Equipment Net Analysis

INDI Stock  USD 5.54  0.33  6.33%   
Indie Semiconductor financial indicator trend analysis is infinitely more than just investigating indie Semiconductor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether indie Semiconductor is a good investment. Please check the relationship between Indie Semiconductor Inventory and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in indie Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.

Inventory vs Property Plant And Equipment Net

Inventory vs Property Plant and Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of indie Semiconductor Inventory account and Property Plant and Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Indie Semiconductor's Inventory and Property Plant and Equipment Net is 0.97. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant and Equipment Net in the same time period over historical financial statements of indie Semiconductor, assuming nothing else is changed. The correlation between historical values of Indie Semiconductor's Inventory and Property Plant and Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of indie Semiconductor are associated (or correlated) with its Property Plant and Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant and Equipment Net has no effect on the direction of Inventory i.e., Indie Semiconductor's Inventory and Property Plant and Equipment Net go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

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.
Most indicators from Indie Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into indie Semiconductor 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 indie Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.The Indie Semiconductor's current Enterprise Value is estimated to increase to about 1.3 B, while Tax Provision is forecasted to increase to (2.9 M).
 2021 2022 2023 2024 (projected)
Interest Income49K2.6M7.9M8.3M
Minority Interest30.4M10.0M14.6M12.6M

Indie Semiconductor fundamental ratios Correlations

0.920.30.27-0.820.64-0.150.780.750.690.4-0.240.680.24-0.360.730.170.38-0.190.830.380.540.50.640.720.75
0.920.380.25-0.820.760.050.680.650.670.54-0.260.670.33-0.340.680.010.48-0.190.840.480.640.610.760.820.66
0.30.380.74-0.690.570.240.510.490.760.82-0.320.680.590.220.54-0.780.82-0.060.690.820.640.790.630.710.63
0.270.250.74-0.730.720.290.770.790.870.82-0.290.860.90.630.82-0.40.780.410.650.780.840.840.750.720.82
-0.82-0.82-0.69-0.73-0.88-0.21-0.92-0.9-0.97-0.830.37-0.96-0.66-0.03-0.940.25-0.80.02-0.98-0.8-0.87-0.89-0.92-0.96-0.93
0.640.760.570.72-0.880.390.820.810.860.86-0.220.90.820.250.89-0.20.770.230.850.770.980.920.990.950.8
-0.150.050.240.29-0.210.39-0.02-0.030.220.61-0.140.320.260.020.21-0.570.66-0.270.290.660.40.530.440.4-0.04
0.780.680.510.77-0.920.82-0.021.00.930.66-0.290.930.730.250.970.050.60.280.840.60.840.750.820.820.99
0.750.650.490.79-0.90.81-0.031.00.920.65-0.280.920.750.30.970.070.580.330.810.580.830.740.810.80.98
0.690.670.760.87-0.970.860.220.930.920.87-0.350.990.770.230.95-0.320.840.110.930.840.90.920.90.920.96
0.40.540.820.82-0.830.860.610.660.650.87-0.40.880.760.250.78-0.630.980.00.840.980.90.990.910.910.7
-0.24-0.26-0.32-0.290.37-0.22-0.14-0.29-0.28-0.35-0.4-0.31-0.170.11-0.310.19-0.340.16-0.4-0.34-0.29-0.34-0.33-0.37-0.3
0.680.670.680.86-0.960.90.320.930.920.990.88-0.310.780.240.98-0.270.850.120.930.850.930.930.930.930.93
0.240.330.590.9-0.660.820.260.730.750.770.76-0.170.780.750.78-0.220.650.640.550.650.910.810.80.720.74
-0.36-0.340.220.63-0.030.250.020.250.30.230.250.110.240.750.26-0.050.150.89-0.110.150.40.260.210.070.27
0.730.680.540.82-0.940.890.210.970.970.950.78-0.310.980.780.26-0.070.730.220.880.730.910.860.910.890.95
0.170.01-0.78-0.40.25-0.2-0.570.050.07-0.32-0.630.19-0.27-0.22-0.05-0.07-0.710.37-0.32-0.71-0.26-0.52-0.28-0.35-0.07
0.380.480.820.78-0.80.770.660.60.580.840.98-0.340.850.650.150.73-0.71-0.150.831.00.810.950.840.870.65
-0.19-0.19-0.060.410.020.23-0.270.280.330.110.00.160.120.640.890.220.37-0.15-0.19-0.150.320.070.14-0.010.25
0.830.840.690.65-0.980.850.290.840.810.930.84-0.40.930.55-0.110.88-0.320.83-0.190.830.820.880.90.960.86
0.380.480.820.78-0.80.770.660.60.580.840.98-0.340.850.650.150.73-0.711.0-0.150.830.810.950.840.870.65
0.540.640.640.84-0.870.980.40.840.830.90.9-0.290.930.910.40.91-0.260.810.320.820.810.950.980.930.83
0.50.610.790.84-0.890.920.530.750.740.920.99-0.340.930.810.260.86-0.520.950.070.880.950.950.950.950.78
0.640.760.630.75-0.920.990.440.820.810.90.91-0.330.930.80.210.91-0.280.840.140.90.840.980.950.980.81
0.720.820.710.72-0.960.950.40.820.80.920.91-0.370.930.720.070.89-0.350.87-0.010.960.870.930.950.980.83
0.750.660.630.82-0.930.8-0.040.990.980.960.7-0.30.930.740.270.95-0.070.650.250.860.650.830.780.810.83
Click cells to compare fundamentals

Indie Semiconductor Account Relationship Matchups

Indie Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab18.7M105.2M17.5M22.4M106.8M112.1M
Total Current Liabilities23.4M122.2M33.0M59.5M138.9M70.6M
Other Liab1.5M2.1M140.3M59.2M68.1M45.4M
Net Tangible Assets(16.2M)(113.1M)105.9M113.2M130.2M136.7M
Retained Earnings(34.6M)(153.3M)(201.2M)(249.7M)(361.4M)(343.4M)
Accounts Payable4.7M4.6M5.7M14.2M18.4M9.3M
Net Receivables4.6M5.9M17.4M26.4M72.1M75.7M
Inventory4.3M2.9M9.0M13.3M33.1M34.8M
Other Stockholder Equity(241K)43.2M518.8M568.0M813.7M854.4M
Total Current Assets928.8K30.0M250.2M374.0M271.8M176.2M
Common Stock347.5M6K13K16K18K17.1K
Property Plant Equipment2.4M2.2M9.2M15.8M18.2M19.1M

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When determining whether indie Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Indie Semiconductor'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 Indie Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Indie Semiconductor Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in indie Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.
Note that the indie Semiconductor information on this page should be used as a complementary analysis to other Indie Semiconductor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Indie Semiconductor's price analysis, check to measure Indie Semiconductor'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 Indie Semiconductor is operating at the current time. Most of Indie Semiconductor's value examination focuses on studying past and present price action to predict the probability of Indie Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indie Semiconductor's price. Additionally, you may evaluate how the addition of Indie Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Is Indie Semiconductor'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 Indie Semiconductor. If investors know Indie 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 Indie Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
1.537
Quarterly Revenue Growth
1.124
Return On Assets
(0.11)
Return On Equity
(0.33)
The market value of indie Semiconductor is measured differently than its book value, which is the value of Indie that is recorded on the company's balance sheet. Investors also form their own opinion of Indie Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Indie Semiconductor'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 Indie Semiconductor's market value can be influenced by many factors that don't directly affect Indie Semiconductor'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 Indie Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indie Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indie Semiconductor'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.