Indie Net Income vs Gross Profit Analysis

INDI Stock  USD 5.11  0.25  4.66%   
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 Net Income and its Gross Profit 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of indie Semiconductor Net Income account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Indie Semiconductor's Net Income and Gross Profit is -0.76. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit 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 Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of indie Semiconductor are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Indie Semiconductor's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in indie Semiconductor financial statement analysis. It represents the amount of money remaining after all of indie Semiconductor operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of indie Semiconductor minus its cost of goods sold. It is profit before Indie Semiconductor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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

Indie Semiconductor Investors Sentiment

The influence of Indie Semiconductor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Indie. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Indie Semiconductor's public news can be used to forecast risks associated with an investment in Indie. The trend in average sentiment can be used to explain how an investor holding Indie can time the market purely based on public headlines and social activities around indie Semiconductor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Indie Semiconductor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Indie Semiconductor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Indie Semiconductor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Indie Semiconductor.
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 Indie Semiconductor 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, Indie Semiconductor's short interest history, or implied volatility extrapolated from Indie Semiconductor options trading.

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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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.