InTest Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

INTT Stock

USD 11.95 0.27 2.31%

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 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 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 Property Plant And Equipment Net

Common Stock Shares Outstanding 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 inTest Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.

The correlation between InTest's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.39. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net 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 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 Common Stock Shares Outstanding of inTest 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 Common Stock Shares Outstanding i.e., InTest's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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 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

Gross Profit Total Revenue

InTest fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Assets	Property Plant And Equipment Gross	Intangible Assets	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		0.85	0.83	0.92	0.97	0.94	0.02	0.97	0.92	0.67	0.93	-0.24	0.67	0.95	0.52	0.91	0.95	0.87	0.94	0.94	-0.47	0.94	0.83	0.77	0.84	-0.63
Short Long Term Debt Total	0.85		0.87	0.85	0.74	0.96	0.33	0.78	0.89	0.45	0.81	-0.31	0.45	0.88	0.45	0.95	0.87	0.63	0.91	0.78	-0.58	0.77	0.75	0.62	0.71	-0.41
Other Current Liab	0.83	0.87		0.77	0.75	0.92	0.39	0.82	0.88	0.36	0.84	-0.24	0.36	0.84	0.24	0.9	0.89	0.6	0.85	0.72	-0.82	0.9	0.73	0.63	0.69	-0.44
Total Current Liabilities	0.92	0.85	0.77		0.81	0.92	0.22	0.87	0.89	0.45	0.92	-0.46	0.45	0.96	0.41	0.89	0.89	0.66	0.98	0.8	-0.48	0.78	0.91	0.62	0.69	-0.66
Total Stockholder Equity	0.97	0.74	0.75	0.81		0.85	-0.18	0.95	0.85	0.79	0.84	-0.12	0.79	0.86	0.58	0.8	0.91	0.95	0.82	0.97	-0.37	0.93	0.7	0.8	0.86	-0.55
Property Plant And Equipment Net	0.94	0.96	0.92	0.92	0.85		0.26	0.9	0.96	0.52	0.89	-0.34	0.52	0.94	0.39	0.95	0.96	0.71	0.96	0.86	-0.64	0.88	0.8	0.71	0.78	-0.54
Net Debt	0.02	0.33	0.39	0.22	-0.18	0.26		0.02	0.27	-0.68	0.31	-0.13	-0.68	0.25	-0.23	0.36	0.16	-0.37	0.3	-0.25	-0.46	0.08	0.42	-0.21	-0.18	-0.14
Retained Earnings	0.97	0.78	0.82	0.87	0.95	0.9	0.02		0.91	0.65	0.9	-0.19	0.65	0.9	0.39	0.87	0.94	0.8	0.89	0.91	-0.47	0.95	0.8	0.74	0.8	-0.7
Accounts Payable	0.92	0.89	0.88	0.89	0.85	0.96	0.27	0.91		0.47	0.88	-0.28	0.47	0.96	0.4	0.91	0.99	0.7	0.92	0.85	-0.59	0.87	0.78	0.69	0.77	-0.49
Cash	0.67	0.45	0.36	0.45	0.79	0.52	-0.68	0.65	0.47		0.38	-0.08	1.0	0.46	0.48	0.42	0.55	0.85	0.43	0.86	-0.09	0.6	0.21	0.69	0.73	-0.27
Non Current Assets Total	0.93	0.81	0.84	0.92	0.84	0.89	0.31	0.9	0.88	0.38		-0.23	0.38	0.94	0.44	0.93	0.88	0.69	0.96	0.75	-0.49	0.89	0.97	0.62	0.68	-0.72
Non Currrent Assets Other	-0.24	-0.31	-0.24	-0.46	-0.12	-0.34	-0.13	-0.19	-0.28	-0.08	-0.23		-0.08	-0.37	0.17	-0.3	-0.26	-0.03	-0.4	-0.23	0.45	-0.09	-0.3	-0.17	-0.18	0.2
Cash And Short Term Investments	0.67	0.45	0.36	0.45	0.79	0.52	-0.68	0.65	0.47	1.0	0.38	-0.08		0.46	0.48	0.42	0.55	0.85	0.43	0.86	-0.09	0.6	0.21	0.69	0.73	-0.27
Net Receivables	0.95	0.88	0.84	0.96	0.86	0.94	0.25	0.9	0.96	0.46	0.94	-0.37	0.46		0.49	0.93	0.95	0.74	0.97	0.84	-0.53	0.85	0.89	0.67	0.75	-0.58
Common Stock Shares Outstanding	0.52	0.45	0.24	0.41	0.58	0.39	-0.23	0.39	0.4	0.48	0.44	0.17	0.48	0.49		0.39	0.42	0.71	0.4	0.54	0.2	0.38	0.37	0.56	0.6	-0.01
Non Current Liabilities Total	0.91	0.95	0.9	0.89	0.8	0.95	0.36	0.87	0.91	0.42	0.93	-0.3	0.42	0.93	0.39		0.89	0.65	0.97	0.78	-0.6	0.86	0.88	0.63	0.7	-0.61
Inventory	0.95	0.87	0.89	0.89	0.91	0.96	0.16	0.94	0.99	0.55	0.88	-0.26	0.55	0.95	0.42	0.89		0.77	0.91	0.9	-0.6	0.92	0.76	0.74	0.82	-0.5
Other Stockholder Equity	0.87	0.63	0.6	0.66	0.95	0.71	-0.37	0.8	0.7	0.85	0.69	-0.03	0.85	0.74	0.71	0.65	0.77		0.66	0.93	-0.24	0.82	0.53	0.78	0.84	-0.34
Total Liab	0.94	0.91	0.85	0.98	0.82	0.96	0.3	0.89	0.92	0.43	0.96	-0.4	0.43	0.97	0.4	0.97	0.91	0.66		0.81	-0.56	0.84	0.93	0.64	0.71	-0.67
Total Current Assets	0.94	0.78	0.72	0.8	0.97	0.86	-0.25	0.91	0.85	0.86	0.75	-0.23	0.86	0.84	0.54	0.78	0.9	0.93	0.81		-0.39	0.87	0.61	0.81	0.88	-0.46
Other Current Assets	-0.47	-0.58	-0.82	-0.48	-0.37	-0.64	-0.46	-0.47	-0.59	-0.09	-0.49	0.45	-0.09	-0.53	0.2	-0.6	-0.6	-0.24	-0.56	-0.39		-0.59	-0.41	-0.4	-0.42	0.19
Property Plant And Equipment Gross	0.94	0.77	0.9	0.78	0.93	0.88	0.08	0.95	0.87	0.6	0.89	-0.09	0.6	0.85	0.38	0.86	0.92	0.82	0.84	0.87	-0.59		0.75	0.75	0.81	-0.6
Intangible Assets	0.83	0.75	0.73	0.91	0.7	0.8	0.42	0.8	0.78	0.21	0.97	-0.3	0.21	0.89	0.37	0.88	0.76	0.53	0.93	0.61	-0.41	0.75		0.48	0.53	-0.78
Common Stock Total Equity	0.77	0.62	0.63	0.62	0.8	0.71	-0.21	0.74	0.69	0.69	0.62	-0.17	0.69	0.67	0.56	0.63	0.74	0.78	0.64	0.81	-0.4	0.75	0.48		0.99	-0.34
Common Stock	0.84	0.71	0.69	0.69	0.86	0.78	-0.18	0.8	0.77	0.73	0.68	-0.18	0.73	0.75	0.6	0.7	0.82	0.84	0.71	0.88	-0.42	0.81	0.53	0.99		-0.35
Other Assets	-0.63	-0.41	-0.44	-0.66	-0.55	-0.54	-0.14	-0.7	-0.49	-0.27	-0.72	0.2	-0.27	-0.58	-0.01	-0.61	-0.5	-0.34	-0.67	-0.46	0.19	-0.6	-0.78	-0.34	-0.35

Click cells to compare fundamentals

InTest Account Relationship Matchups

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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether inTest is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if InTest Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Intest Stock. Highlighted below are key reports to facilitate an investment decision about Intest Stock:

How To Invest In InTest

Details

Is InTest Stock a good investment?

Details

What is InTest's Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

View

Largest Information Technology Companies

View

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.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for InTest Stock analysis

When running InTest's price analysis, check to measure InTest'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 InTest is operating at the current time. Most of InTest's value examination focuses on studying past and present price action to predict the probability of InTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InTest's price. Additionally, you may evaluate how the addition of InTest to your portfolios can decrease your overall portfolio volatility.

	Global Correlations Find global opportunities by holding instruments from different markets
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Bonds Directory Find actively traded corporate debentures issued by US companies

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

(0.62)

Earnings Share

0.79

Revenue Per Share

10.758

Quarterly Revenue Growth

(0.14)

Return On Assets

0.0533

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

InTest Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Common Stock Shares Outstanding

Property Plant And Equipment Net

InTest fundamental ratios Correlations

InTest Account Relationship Matchups

High Positive Relationship

High Negative Relationship

InTest fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for InTest Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.99	Accounts Payable
Common Stock	+ 0.99	Common Stock Total Equity
Total Liab	+ 0.98	Total Current Liabilities
Total Stockholder Equity	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Total Assets

Other Current Assets	- 0.82	Other Current Liab
Other Assets	- 0.78	Intangible Assets
Other Assets	- 0.72	Non Current Assets Total
Other Assets	- 0.7	Retained Earnings
Cash And Short Term Investments	- 0.68	Net Debt
Cash	- 0.68	Net Debt