Iteris Income Tax Expense vs Interest Expense Analysis
ITI Stock | USD 4.48 0.01 0.22% |
Iteris financial indicator trend analysis is infinitely more than just investigating Iteris Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iteris Inc is a good investment. Please check the relationship between Iteris Income Tax Expense and its Interest Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iteris Inc. 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.
Income Tax Expense vs Interest Expense
Income Tax Expense vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iteris Inc Income Tax Expense account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Iteris' Income Tax Expense and Interest Expense is -0.1. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Iteris Inc, assuming nothing else is changed. The correlation between historical values of Iteris' Income Tax Expense and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Iteris Inc are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Income Tax Expense i.e., Iteris' Income Tax Expense and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Tax Expense
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most indicators from Iteris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iteris Inc 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 Iteris Inc. 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. The Iteris' current Enterprise Value is estimated to increase to about 179.3 M, while Selling General Administrative is projected to decrease to under 19.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 47.4M | 42.0M | 48.3M | 31.8M | Total Revenue | 133.6M | 156.1M | 179.5M | 188.4M |
Iteris fundamental ratios Correlations
Click cells to compare fundamentals
Iteris Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iteris fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 102.0M | 126.9M | 126.4M | 111.8M | 128.6M | 74.2M | |
Other Current Liab | 12.2M | 94K | 17.2M | 16.0M | 14.4M | 15.2M | |
Total Current Liabilities | 26.5M | 33.0M | 35.7M | 38.0M | 43.7M | 45.9M | |
Total Stockholder Equity | 63.1M | 79.0M | 76.9M | 62.9M | 72.3M | 38.6M | |
Property Plant And Equipment Net | 15.0M | 13.3M | 12.8M | 9.6M | 8.7M | 9.2M | |
Net Debt | (2.2M) | (15.1M) | (12.9M) | (8.9M) | (8.1M) | (7.6M) | |
Retained Earnings | (117.2M) | (107.0M) | (114.1M) | (130.6M) | (117.5M) | (111.6M) | |
Cash | 14.2M | 25.2M | 23.7M | 16.6M | 19.1M | 20.0M | |
Non Current Assets Total | 42.9M | 57.2M | 54.0M | 48.9M | 56.3M | 32.1M | |
Non Currrent Assets Other | 1.2M | 1.3M | 1.1M | 768K | 691.2K | 1.1M | |
Cash And Short Term Investments | 25.8M | 28.3M | 23.7M | 16.6M | 19.1M | 20.0M | |
Net Receivables | 27.9M | 30.6M | 36.5M | 32.2M | 37.0M | 20.3M | |
Common Stock Shares Outstanding | 39.0M | 41.6M | 42.2M | 42.4M | 48.7M | 51.2M | |
Liabilities And Stockholders Equity | 102.0M | 126.9M | 126.4M | 111.8M | 128.6M | 74.2M | |
Non Current Liabilities Total | 12.3M | 14.9M | 13.8M | 10.8M | 9.8M | 9.8M | |
Inventory | 3.0M | 5.1M | 8.0M | 10.8M | 9.8M | 7.2M | |
Other Current Assets | 2.3M | 5.7M | 4.2M | 3.3M | 3.8M | 2.7M | |
Other Stockholder Equity | 176.2M | 181.8M | 186.7M | 189.2M | 217.6M | 228.4M | |
Total Liab | 38.8M | 47.9M | 49.5M | 48.9M | 44.0M | 24.9M | |
Property Plant And Equipment Gross | 15.0M | 13.3M | 12.8M | 15.5M | 14.0M | 9.4M | |
Total Current Assets | 59.0M | 69.6M | 72.4M | 62.9M | 72.3M | 42.1M | |
Accounts Payable | 8.4M | 8.9M | 11.9M | 12.9M | 14.9M | 9.9M | |
Intangible Assets | 6.1M | 14.3M | 11.8M | 10.2M | 9.2M | 5.0M | |
Other Liab | 670K | 320K | 4.7M | 3.1M | 2.8M | 1.7M | |
Other Assets | 849K | 1.2M | 1.3M | 1.1M | 1.0M | 962.7K | |
Common Stock Total Equity | 3.3M | 4.1M | 4.2M | 4.2M | 4.9M | 3.2M | |
Common Stock | 4.1M | 4.2M | 4.2M | 4.3M | 4.9M | 3.3M | |
Property Plant Equipment | 2.0M | 1.9M | 1.9M | 12.8M | 11.5M | 12.1M | |
Current Deferred Revenue | 6.0M | 7.3M | 6.6M | 6.7M | 7.7M | 4.0M | |
Net Tangible Assets | 36.4M | 36.3M | 36.7M | 25.2M | 22.6M | 24.5M | |
Retained Earnings Total Equity | (111.5M) | (117.2M) | (107.0M) | (114.1M) | (102.7M) | (107.8M) | |
Capital Surpluse | 142.3M | 176.2M | 181.8M | 186.7M | 214.7M | 165.9M | |
Deferred Long Term Liab | 520K | 190K | 808K | 337K | 303.3K | 522.7K | |
Non Current Liabilities Other | 12.1M | 14.3M | 13.5M | 2.8M | 3.2M | 4.5M |
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 ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iteris Inc. 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. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Iteris Stock analysis
When running Iteris' price analysis, check to measure Iteris' 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 Iteris is operating at the current time. Most of Iteris' value examination focuses on studying past and present price action to predict the probability of Iteris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iteris' price. Additionally, you may evaluate how the addition of Iteris to your portfolios can decrease your overall portfolio volatility.
Global Correlations Find global opportunities by holding instruments from different markets | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
Is Iteris' 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 Iteris. If investors know Iteris 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 Iteris 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 (0.96) | Earnings Share 0.06 | Revenue Per Share 4.019 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0129 |
The market value of Iteris Inc is measured differently than its book value, which is the value of Iteris that is recorded on the company's balance sheet. Investors also form their own opinion of Iteris' value that differs from its market value or its book value, called intrinsic value, which is Iteris' 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 Iteris' market value can be influenced by many factors that don't directly affect Iteris' 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 Iteris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iteris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iteris' 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.