InTest Common Stock Shares Outstanding vs Cash Analysis
INTT Stock | USD 10.16 0.31 3.15% |
InTest financial indicator trend analysis is infinitely more than just investigating inTest recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether inTest is a good investment. Please check the relationship between InTest Common Stock Shares Outstanding and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in inTest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy InTest Stock please use our How to Invest in InTest guide.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of inTest Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between InTest's Common Stock Shares Outstanding and Cash is 0.48. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of inTest, assuming nothing else is changed. The correlation between historical values of InTest's Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of inTest are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., InTest's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash
Cash refers to the most liquid asset of inTest, which is listed under current asset account on inTest balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from InTest customers. The amounts must be unrestricted with restricted cash listed in a different InTest account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from InTest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into inTest 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 inTest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy InTest Stock please use our How to Invest in InTest guide.At this time, InTest's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 134.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 41.2M | 53.4M | 57.0M | 59.8M | Total Revenue | 84.9M | 116.8M | 123.3M | 129.5M |
InTest fundamental ratios Correlations
Click cells to compare fundamentals
InTest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InTest fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 59.7M | 62.0M | 103.0M | 110.1M | 137.9M | 144.8M | |
Other Current Liab | 4.6M | 4.8M | 9.3M | 9.2M | 9.0M | 9.4M | |
Total Current Liabilities | 8.4M | 8.9M | 25.1M | 26.9M | 24.3M | 25.5M | |
Total Stockholder Equity | 44.8M | 44.8M | 54.8M | 65.0M | 96.3M | 101.1M | |
Property Plant And Equipment Net | 2.4M | 2.4M | 8.6M | 8.9M | 8.2M | 8.6M | |
Net Debt | (2.5M) | (3.0M) | 5.5M | 9.1M | (27.8M) | (26.4M) | |
Retained Earnings | 18.0M | 17.1M | 24.4M | 32.9M | 42.2M | 44.3M | |
Accounts Payable | 2.0M | 2.4M | 4.3M | 7.4M | 5.5M | 5.8M | |
Cash | 7.6M | 10.3M | 21.2M | 13.4M | 45.3M | 47.5M | |
Non Current Assets Total | 34.8M | 35.1M | 50.9M | 50.0M | 52.2M | 54.8M | |
Non Currrent Assets Other | 5.0M | 6.6M | 139K | 669K | 1.1M | 1.6M | |
Cash And Short Term Investments | 7.6M | 10.3M | 21.2M | 13.4M | 45.3M | 47.5M | |
Net Receivables | 9.3M | 8.4M | 16.5M | 21.2M | 18.2M | 19.1M | |
Common Stock Shares Outstanding | 10.4M | 10.3M | 10.7M | 10.9M | 11.8M | 10.2M | |
Liabilities And Stockholders Equity | 59.7M | 62.0M | 103.0M | 110.1M | 137.9M | 144.8M | |
Non Current Liabilities Total | 6.5M | 8.4M | 23.1M | 18.2M | 17.4M | 18.2M | |
Inventory | 7.2M | 7.5M | 12.9M | 22.6M | 20.1M | 21.1M | |
Other Stockholder Equity | 26.1M | 26.6M | 29.7M | 31.8M | 53.5M | 56.2M | |
Total Liab | 14.9M | 17.3M | 48.2M | 45.1M | 41.7M | 43.7M | |
Total Current Assets | 24.9M | 27.0M | 52.1M | 60.1M | 85.8M | 90.1M | |
Other Current Assets | 17.7M | 19.5M | 1.5M | 1.7M | 2.3M | 2.1M | |
Property Plant And Equipment Gross | 7.3M | 8.0M | 8.7M | 9.9M | 15.7M | 16.5M | |
Accumulated Other Comprehensive Income | 673K | 889K | 594K | 218K | 414K | 398.1K | |
Intangible Assets | 13.7M | 12.4M | 21.6M | 18.6M | 16.6M | 17.4M | |
Other Assets | 166K | 915K | 139K | 949K | 1.0 | 0.95 | |
Property Plant Equipment | 2.4M | 8.7M | 8.6M | 3.1M | 2.8M | 2.4M | |
Current Deferred Revenue | 456K | 396K | 6.0M | 4.5M | 3.8M | 4.0M | |
Short Term Debt | 1.3M | 1.2M | 5.5M | 5.7M | 6.0M | 3.4M | |
Other Liab | 2.7M | 2.4M | 1.8M | 1.5M | 1.7M | 2.0M | |
Net Tangible Assets | 31.2M | 18.6M | 12.7M | 43.4M | 39.0M | 21.5M | |
Retained Earnings Total Equity | 18.0M | 17.1M | 24.4M | 32.9M | 37.8M | 39.7M | |
Capital Surpluse | 26.3M | 26.9M | 29.9M | 32.0M | 36.8M | 29.7M |
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 InTest 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, InTest's short interest history, or implied volatility extrapolated from InTest options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in inTest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy InTest Stock please use our How to Invest in InTest guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is InTest'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 InTest. If investors know InTest 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 InTest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share 0.59 | Revenue Per Share 10.29 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0339 |
The market value of inTest is measured differently than its book value, which is the value of InTest that is recorded on the company's balance sheet. Investors also form their own opinion of InTest's value that differs from its market value or its book value, called intrinsic value, which is InTest'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 InTest's market value can be influenced by many factors that don't directly affect InTest'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 InTest's value and its price as these two are different measures arrived at by different means. Investors typically determine if InTest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InTest'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.