InTest Property Plant And Equipment Gross vs Net Receivables 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 Property Plant And Equipment Gross and its Net Receivables 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.

Property Plant And Equipment Gross vs Net Receivables

Property Plant And Equipment Gross vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of inTest Property Plant And Equipment Gross account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between InTest's Property Plant And Equipment Gross and Net Receivables is 0.85. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Receivables in the same time period over historical financial statements of inTest, assuming nothing else is changed. The correlation between historical values of InTest's Property Plant And Equipment Gross and Net Receivables 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 Gross of inTest are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Gross i.e., InTest's Property Plant And Equipment Gross and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Net Receivables

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 Profit41.2M53.4M57.0M59.8M
Total Revenue84.9M116.8M123.3M129.5M

InTest fundamental ratios Correlations

0.850.830.920.970.940.020.970.920.670.93-0.240.670.950.520.910.950.870.940.94-0.470.940.830.770.84-0.63
0.850.870.850.740.960.330.780.890.450.81-0.310.450.880.450.950.870.630.910.78-0.580.770.750.620.71-0.41
0.830.870.770.750.920.390.820.880.360.84-0.240.360.840.240.90.890.60.850.72-0.820.90.730.630.69-0.44
0.920.850.770.810.920.220.870.890.450.92-0.460.450.960.410.890.890.660.980.8-0.480.780.910.620.69-0.66
0.970.740.750.810.85-0.180.950.850.790.84-0.120.790.860.580.80.910.950.820.97-0.370.930.70.80.86-0.55
0.940.960.920.920.850.260.90.960.520.89-0.340.520.940.390.950.960.710.960.86-0.640.880.80.710.78-0.54
0.020.330.390.22-0.180.260.020.27-0.680.31-0.13-0.680.25-0.230.360.16-0.370.3-0.25-0.460.080.42-0.21-0.18-0.14
0.970.780.820.870.950.90.020.910.650.9-0.190.650.90.390.870.940.80.890.91-0.470.950.80.740.8-0.7
0.920.890.880.890.850.960.270.910.470.88-0.280.470.960.40.910.990.70.920.85-0.590.870.780.690.77-0.49
0.670.450.360.450.790.52-0.680.650.470.38-0.081.00.460.480.420.550.850.430.86-0.090.60.210.690.73-0.27
0.930.810.840.920.840.890.310.90.880.38-0.230.380.940.440.930.880.690.960.75-0.490.890.970.620.68-0.72
-0.24-0.31-0.24-0.46-0.12-0.34-0.13-0.19-0.28-0.08-0.23-0.08-0.370.17-0.3-0.26-0.03-0.4-0.230.45-0.09-0.3-0.17-0.180.2
0.670.450.360.450.790.52-0.680.650.471.00.38-0.080.460.480.420.550.850.430.86-0.090.60.210.690.73-0.27
0.950.880.840.960.860.940.250.90.960.460.94-0.370.460.490.930.950.740.970.84-0.530.850.890.670.75-0.58
0.520.450.240.410.580.39-0.230.390.40.480.440.170.480.490.390.420.710.40.540.20.380.370.560.6-0.01
0.910.950.90.890.80.950.360.870.910.420.93-0.30.420.930.390.890.650.970.78-0.60.860.880.630.7-0.61
0.950.870.890.890.910.960.160.940.990.550.88-0.260.550.950.420.890.770.910.9-0.60.920.760.740.82-0.5
0.870.630.60.660.950.71-0.370.80.70.850.69-0.030.850.740.710.650.770.660.93-0.240.820.530.780.84-0.34
0.940.910.850.980.820.960.30.890.920.430.96-0.40.430.970.40.970.910.660.81-0.560.840.930.640.71-0.67
0.940.780.720.80.970.86-0.250.910.850.860.75-0.230.860.840.540.780.90.930.81-0.390.870.610.810.88-0.46
-0.47-0.58-0.82-0.48-0.37-0.64-0.46-0.47-0.59-0.09-0.490.45-0.09-0.530.2-0.6-0.6-0.24-0.56-0.39-0.59-0.41-0.4-0.420.19
0.940.770.90.780.930.880.080.950.870.60.89-0.090.60.850.380.860.920.820.840.87-0.590.750.750.81-0.6
0.830.750.730.910.70.80.420.80.780.210.97-0.30.210.890.370.880.760.530.930.61-0.410.750.480.53-0.78
0.770.620.630.620.80.71-0.210.740.690.690.62-0.170.690.670.560.630.740.780.640.81-0.40.750.480.99-0.34
0.840.710.690.690.860.78-0.180.80.770.730.68-0.180.730.750.60.70.820.840.710.88-0.420.810.530.99-0.35
-0.63-0.41-0.44-0.66-0.55-0.54-0.14-0.7-0.49-0.27-0.720.2-0.27-0.58-0.01-0.61-0.5-0.34-0.67-0.460.19-0.6-0.78-0.34-0.35
Click cells to compare fundamentals

InTest Account Relationship Matchups

InTest fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.7M62.0M103.0M110.1M137.9M144.8M
Other Current Liab4.6M4.8M9.3M9.2M9.0M9.4M
Total Current Liabilities8.4M8.9M25.1M26.9M24.3M25.5M
Total Stockholder Equity44.8M44.8M54.8M65.0M96.3M101.1M
Property Plant And Equipment Net2.4M2.4M8.6M8.9M8.2M8.6M
Net Debt(2.5M)(3.0M)5.5M9.1M(27.8M)(26.4M)
Retained Earnings18.0M17.1M24.4M32.9M42.2M44.3M
Accounts Payable2.0M2.4M4.3M7.4M5.5M5.8M
Cash7.6M10.3M21.2M13.4M45.3M47.5M
Non Current Assets Total34.8M35.1M50.9M50.0M52.2M54.8M
Non Currrent Assets Other5.0M6.6M139K669K1.1M1.6M
Cash And Short Term Investments7.6M10.3M21.2M13.4M45.3M47.5M
Net Receivables9.3M8.4M16.5M21.2M18.2M19.1M
Common Stock Shares Outstanding10.4M10.3M10.7M10.9M11.8M10.2M
Liabilities And Stockholders Equity59.7M62.0M103.0M110.1M137.9M144.8M
Non Current Liabilities Total6.5M8.4M23.1M18.2M17.4M18.2M
Inventory7.2M7.5M12.9M22.6M20.1M21.1M
Other Stockholder Equity26.1M26.6M29.7M31.8M53.5M56.2M
Total Liab14.9M17.3M48.2M45.1M41.7M43.7M
Total Current Assets24.9M27.0M52.1M60.1M85.8M90.1M
Other Current Assets17.7M19.5M1.5M1.7M2.3M2.1M
Property Plant And Equipment Gross7.3M8.0M8.7M9.9M15.7M16.5M
Accumulated Other Comprehensive Income673K889K594K218K414K398.1K
Intangible Assets13.7M12.4M21.6M18.6M16.6M17.4M
Other Assets166K915K139K949K1.00.95
Property Plant Equipment2.4M8.7M8.6M3.1M2.8M2.4M
Current Deferred Revenue456K396K6.0M4.5M3.8M4.0M
Short Term Debt1.3M1.2M5.5M5.7M6.0M3.4M
Other Liab2.7M2.4M1.8M1.5M1.7M2.0M
Net Tangible Assets31.2M18.6M12.7M43.4M39.0M21.5M
Retained Earnings Total Equity18.0M17.1M24.4M32.9M37.8M39.7M
Capital Surpluse26.3M26.9M29.9M32.0M36.8M29.7M
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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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:
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 Stocks Directory module to find actively traded stocks across global markets.

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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.
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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
(0.62)
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.