Immunoprecise Short Long Term Debt vs Total Current Assets Analysis

IPA Stock  USD 1.18  0.06  5.36%   
Immunoprecise Antibodies financial indicator trend analysis is infinitely more than just investigating Immunoprecise Antibodies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immunoprecise Antibodies is a good investment. Please check the relationship between Immunoprecise Antibodies Short Long Term Debt and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunoprecise Antibodies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Immunoprecise Stock refer to our How to Trade Immunoprecise Stock guide.

Short Long Term Debt vs Total Current Assets

Short Long Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immunoprecise Antibodies Short Long Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Immunoprecise Antibodies' Short Long Term Debt and Total Current Assets is 0.49. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Immunoprecise Antibodies, assuming nothing else is changed. The correlation between historical values of Immunoprecise Antibodies' Short Long Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Immunoprecise Antibodies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Long Term Debt i.e., Immunoprecise Antibodies' Short Long Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Immunoprecise Antibodies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immunoprecise Antibodies 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 Immunoprecise Antibodies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Immunoprecise Stock refer to our How to Trade Immunoprecise Stock guide.The current year's Selling General Administrative is expected to grow to about 23.9 M, whereas Tax Provision is projected to grow to (1 M).
 2021 2022 2023 2024 (projected)
Gross Profit11.0M11.6M13.3M14.0M
Total Revenue19.4M20.7M23.8M25.0M

Immunoprecise Antibodies fundamental ratios Correlations

0.320.840.990.87-0.47-0.880.980.680.950.670.930.96-0.260.99-0.20.940.810.9-0.320.760.890.50.890.740.93
0.320.750.270.09-0.21-0.070.440.290.260.280.460.37-0.250.19-0.530.460.340.25-0.050.230.060.770.450.630.17
0.840.750.810.64-0.41-0.640.890.590.780.580.880.86-0.330.76-0.430.880.710.72-0.280.650.640.850.860.90.74
0.990.270.810.84-0.54-0.860.970.730.920.720.90.93-0.240.99-0.170.90.850.86-0.330.720.870.470.870.720.91
0.870.090.640.84-0.06-0.910.80.310.940.30.880.93-0.170.89-0.090.90.490.95-0.290.890.990.310.860.590.91
-0.47-0.21-0.41-0.54-0.060.17-0.48-0.96-0.18-0.97-0.33-0.270.12-0.470.15-0.21-0.89-0.070.190.01-0.08-0.25-0.24-0.42-0.18
-0.88-0.07-0.64-0.86-0.910.17-0.82-0.39-0.92-0.38-0.81-0.890.3-0.9-0.16-0.86-0.55-0.90.5-0.71-0.94-0.34-0.83-0.57-0.91
0.980.440.890.970.8-0.48-0.820.680.930.670.920.94-0.320.95-0.270.950.80.88-0.240.740.830.560.870.770.9
0.680.290.590.730.31-0.96-0.390.680.411.00.570.51-0.190.67-0.20.450.980.32-0.250.230.320.360.460.590.4
0.950.260.780.920.94-0.18-0.920.930.410.40.90.96-0.250.94-0.150.970.580.98-0.280.830.970.460.90.660.98
0.670.280.580.720.3-0.97-0.380.671.00.40.560.5-0.150.67-0.20.440.980.31-0.250.220.310.350.450.580.39
0.930.460.880.90.88-0.33-0.810.920.570.90.560.97-0.330.91-0.340.950.720.9-0.240.870.850.590.880.860.84
0.960.370.860.930.93-0.27-0.890.940.510.960.50.97-0.320.94-0.270.980.680.95-0.270.880.930.560.940.790.93
-0.26-0.25-0.33-0.24-0.170.120.3-0.32-0.19-0.25-0.15-0.33-0.32-0.250.02-0.31-0.2-0.26-0.1-0.33-0.2-0.29-0.29-0.36-0.25
0.990.190.760.990.89-0.47-0.90.950.670.940.670.910.94-0.25-0.120.910.80.89-0.340.760.910.40.850.70.92
-0.2-0.53-0.43-0.17-0.090.15-0.16-0.27-0.2-0.15-0.2-0.34-0.270.02-0.12-0.28-0.24-0.16-0.62-0.46-0.05-0.45-0.25-0.51-0.15
0.940.460.880.90.9-0.21-0.860.950.450.970.440.950.98-0.310.91-0.280.620.96-0.240.850.910.570.920.770.93
0.810.340.710.850.49-0.89-0.550.80.980.580.980.720.68-0.20.8-0.240.620.5-0.290.410.50.440.620.690.56
0.90.250.720.860.95-0.07-0.90.880.320.980.310.90.95-0.260.89-0.160.960.5-0.20.880.960.360.870.610.94
-0.32-0.05-0.28-0.33-0.290.190.5-0.24-0.25-0.28-0.25-0.24-0.27-0.1-0.34-0.62-0.24-0.29-0.20.1-0.3-0.3-0.37-0.18-0.26
0.760.230.650.720.890.01-0.710.740.230.830.220.870.88-0.330.76-0.460.850.410.880.10.860.40.790.680.81
0.890.060.640.870.99-0.08-0.940.830.320.970.310.850.93-0.20.91-0.050.910.50.96-0.30.860.310.860.560.96
0.50.770.850.470.31-0.25-0.340.560.360.460.350.590.56-0.290.4-0.450.570.440.36-0.30.40.310.650.810.45
0.890.450.860.870.86-0.24-0.830.870.460.90.450.880.94-0.290.85-0.250.920.620.87-0.370.790.860.650.730.88
0.740.630.90.720.59-0.42-0.570.770.590.660.580.860.79-0.360.7-0.510.770.690.61-0.180.680.560.810.730.63
0.930.170.740.910.91-0.18-0.910.90.40.980.390.840.93-0.250.92-0.150.930.560.94-0.260.810.960.450.880.63
Click cells to compare fundamentals

Immunoprecise Antibodies Account Relationship Matchups

Immunoprecise Antibodies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.3M67.0M93.5M77.8M89.5M94.0M
Other Current Liab1.8M964K1.3M441K507.2K558.1K
Total Current Liabilities7.9M6.1M9.3M5.9M6.8M7.1M
Total Stockholder Equity15.1M56.9M75.3M57.8M66.5M69.8M
Property Plant And Equipment Net3.2M4.1M3.7M10.7M12.3M12.9M
Net Debt1.9M(38.3M)(27.4M)(1.0M)(911.7K)(957.3K)
Retained Earnings(22.5M)(29.8M)(46.5M)(73.1M)(65.8M)(62.5M)
Accounts Payable1.8M3.0M4.8M3.4M3.9M4.1M
Cash2.6M41.8M30.0M8.3M9.5M10.0M
Non Current Assets Total19.6M18.1M56.0M61.0M70.2M73.7M
Cash And Short Term Investments2.6M41.8M30.0M8.3M9.5M10.0M
Net Receivables3.7M4.1M3.4M4.4M5.1M5.3M
Common Stock Shares Outstanding13.6M16.5M19.7M24.9M28.6M30.1M
Liabilities And Stockholders Equity27.3M67.0M93.5M77.8M89.5M94.0M
Other Current Assets614.0K2.3M2.8M2.6M3.0M3.1M
Other Stockholder Equity3.5M6.6M7.3M10.8M9.7M9.2M
Total Liab12.2M10.0M18.2M20.0M23.0M24.2M
Total Current Assets7.7M48.9M37.5M16.8M19.3M20.3M
Non Current Liabilities Total4.2M4.0M8.9M14.1M16.2M17.0M
Non Currrent Assets Other85.1K79K82K86K77.4K73.5K
Short Long Term Debt Total4.5M3.5M2.5M7.3M8.4M8.8M
Property Plant And Equipment Gross3.1M4.1M9.4M17.1M19.6M20.6M
Accumulated Other Comprehensive Income(300.2K)(687K)(2.5M)2.6M2.4M2.5M
Short Term Debt2.9M986K2.2M1.1M1.3M1.0M
Inventory818.6K1.2M1.6M2.1M2.4M2.5M
Current Deferred Revenue1.5M1.1M1.0M977K1.1M567.8K
Intangible Assets8.3M6.1M32.4M30.9M35.6M37.3M
Common Stock34.1M80.1M114.6M117.5M135.1M141.8M
Net Tangible Assets(1.0M)43.1M23.2M7.7M8.9M12.5M
Net Invested Capital17.7M58.5M76.6M57.8M66.5M39.4M
Net Working Capital(230.3K)42.8M28.2M10.9M12.5M13.7M
Property Plant Equipment3.1M4.0M3.3M10.4M12.0M12.5M
Other Liab2.6M1.5M8.6M7.9M9.1M5.1M
Other Assets287.6K163K476K437K393.3K373.6K
Good Will7.9M7.8M19.7M19.2M22.0M12.4M
Capital Lease Obligations1.9M1.9M1.2M7.3M8.4M8.8M
Long Term Investments118.9K111K142K115K132.3K122.4K

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When determining whether Immunoprecise Antibodies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Immunoprecise Antibodies' 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 Immunoprecise Antibodies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Immunoprecise Antibodies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunoprecise Antibodies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Immunoprecise Stock refer to our How to Trade Immunoprecise Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Immunoprecise Antibodies' 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 Immunoprecise Antibodies. If investors know Immunoprecise 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 Immunoprecise Antibodies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
0.939
Quarterly Revenue Growth
0.203
Return On Assets
(0.11)
Return On Equity
(0.26)
The market value of Immunoprecise Antibodies is measured differently than its book value, which is the value of Immunoprecise that is recorded on the company's balance sheet. Investors also form their own opinion of Immunoprecise Antibodies' value that differs from its market value or its book value, called intrinsic value, which is Immunoprecise Antibodies' 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 Immunoprecise Antibodies' market value can be influenced by many factors that don't directly affect Immunoprecise Antibodies' 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 Immunoprecise Antibodies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Immunoprecise Antibodies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immunoprecise Antibodies' 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.