Identiv Accounts Payable vs Total Current Liabilities Analysis

INVE Stock  USD 4.12  0.05  1.23%   
Identiv financial indicator trend analysis is infinitely more than just investigating Identiv recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Identiv is a good investment. Please check the relationship between Identiv Accounts Payable and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identiv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Identiv Stock refer to our How to Trade Identiv Stock guide.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Identiv Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Identiv's Accounts Payable and Total Current Liabilities is 0.52. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Identiv, assuming nothing else is changed. The correlation between historical values of Identiv's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Identiv are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Identiv's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Identiv obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Identiv are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Identiv balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Identiv are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Identiv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Identiv 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 Identiv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Identiv Stock refer to our How to Trade Identiv Stock guide.At present, Identiv's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense483K143K427K405.7K
Depreciation And Amortization2.0M2.3M2.7M3.1M

Identiv fundamental ratios Correlations

-0.090.210.430.950.61-0.47-0.290.850.450.83-0.020.440.690.310.450.440.50.550.64-0.370.420.580.23-0.430.44
-0.09-0.45-0.12-0.170.390.360.01-0.060.18-0.120.580.21-0.23-0.01-0.010.29-0.140.270.040.70.49-0.350.52-0.14-0.1
0.21-0.450.860.04-0.030.17-0.230.27-0.440.32-0.29-0.440.370.090.08-0.020.270.51-0.08-0.61-0.160.27-0.290.20.25
0.43-0.120.860.250.420.16-0.390.52-0.260.42-0.16-0.250.570.340.330.340.40.680.2-0.290.30.13-0.22-0.010.31
0.95-0.170.040.250.64-0.62-0.240.80.540.72-0.10.540.710.410.50.520.440.270.72-0.330.470.480.05-0.410.35
0.610.39-0.030.420.64-0.14-0.350.690.290.370.070.330.640.640.630.870.340.320.660.20.93-0.07-0.04-0.40.27
-0.470.360.170.16-0.62-0.140.39-0.24-0.84-0.120.3-0.83-0.41-0.45-0.34-0.25-0.490.19-0.690.18-0.1-0.130.130.340.22
-0.290.01-0.23-0.39-0.24-0.350.39-0.31-0.390.10.28-0.4-0.57-0.78-0.68-0.44-0.94-0.3-0.670.04-0.290.260.120.620.21
0.85-0.060.270.520.80.69-0.24-0.310.230.63-0.210.220.840.380.610.470.50.480.65-0.410.420.270.03-0.250.49
0.450.18-0.44-0.260.540.29-0.84-0.390.230.050.01.00.310.40.350.310.46-0.030.740.160.29-0.040.21-0.42-0.3
0.83-0.120.320.420.720.37-0.120.10.630.050.210.050.29-0.15-0.030.210.070.660.11-0.410.20.860.41-0.240.67
-0.020.58-0.29-0.16-0.10.070.30.28-0.210.00.210.02-0.46-0.39-0.430.11-0.340.27-0.290.450.210.160.57-0.150.3
0.440.21-0.44-0.250.540.33-0.83-0.40.221.00.050.020.30.430.350.360.45-0.030.740.20.34-0.060.2-0.43-0.29
0.69-0.230.370.570.710.64-0.41-0.570.840.310.29-0.460.30.70.820.510.710.220.82-0.390.43-0.04-0.39-0.280.15
0.31-0.010.090.340.410.64-0.45-0.780.380.4-0.15-0.390.430.70.870.720.71-0.040.810.080.62-0.4-0.48-0.41-0.31
0.45-0.010.080.330.50.63-0.34-0.680.610.35-0.03-0.430.350.820.870.510.740.050.86-0.070.53-0.29-0.35-0.31-0.19
0.440.29-0.020.340.520.87-0.25-0.440.470.310.210.110.360.510.720.510.330.150.580.210.85-0.19-0.19-0.420.17
0.5-0.140.270.40.440.34-0.49-0.940.50.460.07-0.340.450.710.710.740.330.340.77-0.230.21-0.08-0.08-0.61-0.1
0.550.270.510.680.270.320.19-0.30.48-0.030.660.27-0.030.22-0.040.050.150.340.08-0.160.180.460.56-0.270.42
0.640.04-0.080.20.720.66-0.69-0.670.650.740.11-0.290.740.820.810.860.580.770.08-0.050.55-0.16-0.17-0.45-0.14
-0.370.7-0.61-0.29-0.330.20.180.04-0.410.16-0.410.450.2-0.390.08-0.070.21-0.23-0.16-0.050.47-0.520.14-0.15-0.32
0.420.49-0.160.30.470.93-0.1-0.290.420.290.20.210.340.430.620.530.850.210.180.550.47-0.18-0.08-0.380.13
0.58-0.350.270.130.48-0.07-0.130.260.27-0.040.860.16-0.06-0.04-0.4-0.29-0.19-0.080.46-0.16-0.52-0.180.46-0.130.53
0.230.52-0.29-0.220.05-0.040.130.120.030.210.410.570.2-0.39-0.48-0.35-0.19-0.080.56-0.170.14-0.080.46-0.280.21
-0.43-0.140.2-0.01-0.41-0.40.340.62-0.25-0.42-0.24-0.15-0.43-0.28-0.41-0.31-0.42-0.61-0.27-0.45-0.15-0.38-0.13-0.28-0.15
0.44-0.10.250.310.350.270.220.210.49-0.30.670.3-0.290.15-0.31-0.190.17-0.10.42-0.14-0.320.130.530.21-0.15
Click cells to compare fundamentals

Identiv Account Relationship Matchups

Identiv fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets74.3M78.7M96.7M102.8M113.0M76.7M
Short Long Term Debt Total4.8M3.6M2.2M4.6M15.4M16.1M
Other Current Liab21.7M27.3M6.9M5.4M4.5M4.3M
Total Current Liabilities34.5M41.6M20.8M23.4M30.8M28.1M
Total Stockholder Equity35.5M34.2M74.5M75.4M74.3M51.4M
Property Plant And Equipment Net6.7M6.2M6.2M11.1M14.5M15.3M
Net Debt(4.6M)(7.9M)(26.3M)(12.1M)(9.0M)(9.5M)
Retained Earnings(405.5M)(410.6M)(409.0M)(409.4M)(414.9M)(394.1M)
Accounts Payable8.8M11.0M10.5M14.8M12.3M8.3M
Cash9.4M11.4M28.6M16.7M24.4M18.8M
Non Current Assets Total28.1M25.2M23.9M27.7M33.5M30.3M
Non Currrent Assets Other(3.7M)(2.2M)(2.1M)(2.7M)886K1.3M
Cash And Short Term Investments9.4M11.4M28.6M16.7M24.4M21.6M
Net Receivables18.4M18.9M20.0M24.8M22.0M13.8M
Common Stock Shares Outstanding17.0M18.0M21.3M22.7M23.1M24.2M
Liabilities And Stockholders Equity74.3M78.7M96.7M102.8M113.0M76.7M
Inventory16.1M20.3M19.9M29.0M28.7M15.4M
Other Current Assets2.3M2.8M4.3M4.2M4.4M7.9M
Other Stockholder Equity438.9M442.2M481.5M483.6M487.8M328.6M
Total Liab38.9M44.5M22.2M27.4M38.7M34.8M
Total Current Assets46.2M53.4M72.7M75.1M79.5M54.7M
Short Term Debt1.8M1.3M1.3M1.2M11.7M12.2M
Property Plant And Equipment Gross6.7M6.2M6.2M11.1M28.2M29.6M
Accumulated Other Comprehensive Income2.0M2.6M1.9M1.1M1.3M900.1K
Intangible Assets10.1M7.6M6.4M5.3M4.3M4.0M
Non Current Liabilities Total4.4M2.9M1.3M4.0M7.9M7.8M
Other Assets774K4.6M1.1M772K1.00.95
Common Stock Total Equity17K18K19K24K27.6K26.7K
Common Stock17K18K19K24K25K26.8K
Property Plant Equipment2.0M2.8M6.2M6.7M6.0M3.8M
Treasury Stock(9.0M)(9.9M)(11.1M)(12.2M)(11.0M)(10.4M)
Other Liab1.4M643K365K612K550.8K523.3K
Current Deferred Revenue2.2M2.0M2.2M2.1M2.3M1.8M
Good Will10.2M10.3M10.3M10.2M10.2M13.4M
Net Tangible Assets15.1M16.4M57.8M59.9M68.9M72.4M
Retained Earnings Total Equity(405.5M)(410.6M)(409.0M)(409.4M)(368.4M)(386.9M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in Identiv Stock

When determining whether Identiv is a strong investment it is important to analyze Identiv's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Identiv's future performance. For an informed investment choice regarding Identiv Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identiv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Identiv Stock refer to our How to Trade Identiv Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Electronic Equipment, Instruments & Components space 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 Identiv. If investors know Identiv 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 Identiv 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
(0.89)
Earnings Share
(0.37)
Revenue Per Share
4.863
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.04)
The market value of Identiv is measured differently than its book value, which is the value of Identiv that is recorded on the company's balance sheet. Investors also form their own opinion of Identiv's value that differs from its market value or its book value, called intrinsic value, which is Identiv'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 Identiv's market value can be influenced by many factors that don't directly affect Identiv'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 Identiv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Identiv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Identiv'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.