Iteris Property Plant and Equipment Net vs Total Assets Analysis

ITI Stock  USD 4.59  0.04  0.86%   
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 Property Plant And Equipment Net and its Total Assets 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.

Property Plant And Equipment Net vs Total Assets

Property Plant and Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iteris Inc Property Plant and Equipment Net account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Iteris' Property Plant and Equipment Net and Total Assets is 0.37. Overlapping area represents the amount of variation of Property Plant and Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Iteris Inc, assuming nothing else is changed. The correlation between historical values of Iteris' Property Plant and Equipment Net and Total 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 Property Plant and Equipment Net of Iteris Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant and Equipment Net i.e., Iteris' Property Plant and Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Total Assets

Total assets refers to the total amount of Iteris assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Iteris Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit47.4M42.0M48.3M31.8M
Total Revenue133.6M156.1M179.5M188.4M

Iteris fundamental ratios Correlations

-0.410.410.740.90.37-0.17-0.650.630.980.40.690.90.720.480.620.650.720.860.490.980.440.190.80.29-0.45
-0.410.05-0.23-0.510.250.40.42-0.42-0.370.11-0.34-0.21-0.470.16-0.18-0.67-0.43-0.150.11-0.42-0.090.12-0.140.02-0.04
0.410.050.710.160.240.2-0.520.040.380.380.070.620.50.270.66-0.210.540.520.370.420.030.430.3-0.07-0.58
0.74-0.230.710.490.320.04-0.730.390.730.590.420.810.830.430.740.280.850.750.450.730.370.310.660.2-0.71
0.9-0.510.160.490.06-0.51-0.630.810.830.180.850.730.70.170.310.780.680.580.160.930.280.170.550.05-0.22
0.370.250.240.320.060.750.22-0.20.520.37-0.050.29-0.120.980.540.05-0.110.660.960.220.52-0.40.70.7-0.1
-0.170.40.20.04-0.510.750.47-0.770.00.26-0.63-0.08-0.460.670.34-0.49-0.430.260.72-0.310.34-0.390.280.480.0
-0.650.42-0.52-0.73-0.630.220.47-0.54-0.52-0.45-0.64-0.75-0.90.13-0.27-0.29-0.91-0.490.09-0.74-0.27-0.49-0.30.330.73
0.63-0.420.040.390.81-0.2-0.77-0.540.52-0.040.880.420.71-0.080.120.780.680.22-0.160.69-0.060.230.23-0.07-0.13
0.98-0.370.380.730.830.520.0-0.520.520.420.590.850.630.630.70.640.620.890.640.920.50.040.870.44-0.36
0.40.110.380.590.180.370.26-0.45-0.040.420.240.510.380.380.26-0.070.40.580.340.380.410.240.610.12-0.61
0.69-0.340.070.420.85-0.05-0.63-0.640.880.590.240.510.730.010.00.680.710.34-0.060.760.180.20.3-0.2-0.26
0.9-0.210.620.810.730.29-0.08-0.750.420.850.510.510.710.390.630.310.730.880.430.920.430.420.740.18-0.71
0.72-0.470.50.830.7-0.12-0.46-0.90.710.630.380.730.71-0.010.390.491.00.460.00.770.230.360.35-0.21-0.57
0.480.160.270.430.170.980.670.13-0.080.630.380.010.39-0.010.650.170.010.740.970.330.51-0.350.790.78-0.17
0.62-0.180.660.740.310.540.34-0.270.120.70.260.00.630.390.650.210.410.750.730.530.180.110.70.58-0.34
0.65-0.67-0.210.280.780.05-0.49-0.290.780.64-0.070.680.310.490.170.210.440.330.090.630.23-0.220.430.270.15
0.72-0.430.540.850.68-0.11-0.43-0.910.680.620.40.710.731.00.010.410.440.480.020.770.240.390.36-0.21-0.62
0.86-0.150.520.750.580.660.26-0.490.220.890.580.340.880.460.740.750.330.480.760.80.560.120.930.54-0.58
0.490.110.370.450.160.960.720.09-0.160.640.34-0.060.430.00.970.730.090.020.760.340.49-0.280.760.72-0.17
0.98-0.420.420.730.930.22-0.31-0.740.690.920.380.760.920.770.330.530.630.770.80.340.360.310.70.15-0.51
0.44-0.090.030.370.280.520.34-0.27-0.060.50.410.180.430.230.510.180.230.240.560.490.36-0.480.530.23-0.3
0.190.120.430.310.17-0.4-0.39-0.490.230.040.240.20.420.36-0.350.11-0.220.390.12-0.280.31-0.48-0.01-0.28-0.53
0.8-0.140.30.660.550.70.28-0.30.230.870.610.30.740.350.790.70.430.360.930.760.70.53-0.010.7-0.39
0.290.02-0.070.20.050.70.480.33-0.070.440.12-0.20.18-0.210.780.580.27-0.210.540.720.150.23-0.280.7-0.02
-0.45-0.04-0.58-0.71-0.22-0.10.00.73-0.13-0.36-0.61-0.26-0.71-0.57-0.17-0.340.15-0.62-0.58-0.17-0.51-0.3-0.53-0.39-0.02
Click cells to compare fundamentals

Iteris Account Relationship Matchups

Iteris fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets102.0M126.9M126.4M111.8M128.6M74.2M
Other Current Liab12.2M94K17.2M16.0M14.4M15.2M
Total Current Liabilities26.5M33.0M35.7M38.0M43.7M45.9M
Total Stockholder Equity63.1M79.0M76.9M62.9M72.3M38.6M
Property Plant And Equipment Net15.0M13.3M12.8M9.6M8.7M9.2M
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)
Cash14.2M25.2M23.7M16.6M19.1M20.0M
Non Current Assets Total42.9M57.2M54.0M48.9M56.3M32.1M
Non Currrent Assets Other1.2M1.3M1.1M768K691.2K1.1M
Cash And Short Term Investments25.8M28.3M23.7M16.6M19.1M20.0M
Net Receivables27.9M30.6M36.5M32.2M37.0M20.3M
Common Stock Shares Outstanding39.0M41.6M42.2M42.4M48.7M51.2M
Liabilities And Stockholders Equity102.0M126.9M126.4M111.8M128.6M74.2M
Non Current Liabilities Total12.3M14.9M13.8M10.8M9.8M9.8M
Inventory3.0M5.1M8.0M10.8M9.8M7.2M
Other Current Assets2.3M5.7M4.2M3.3M3.8M2.7M
Other Stockholder Equity176.2M181.8M186.7M189.2M217.6M228.4M
Total Liab38.8M47.9M49.5M48.9M44.0M24.9M
Property Plant And Equipment Gross15.0M13.3M12.8M15.5M14.0M9.4M
Total Current Assets59.0M69.6M72.4M62.9M72.3M42.1M
Accumulated Other Comprehensive Income(6.6M)(7.4M)(8.2M)(7.9M)(9.1M)(9.6M)
Accounts Payable8.4M8.9M11.9M12.9M14.9M9.9M
Intangible Assets6.1M14.3M11.8M10.2M9.2M5.0M
Other Liab670K320K4.7M3.1M2.8M1.7M
Other Assets849K1.2M1.3M1.1M1.0M962.7K
Common Stock Total Equity3.3M4.1M4.2M4.2M4.9M3.2M
Common Stock4.1M4.2M4.2M4.3M4.9M3.3M
Property Plant Equipment2.0M1.9M1.9M12.8M11.5M12.1M
Current Deferred Revenue6.0M7.3M6.6M6.7M7.7M4.0M
Net Tangible Assets36.4M36.3M36.7M25.2M22.6M24.5M
Retained Earnings Total Equity(111.5M)(117.2M)(107.0M)(114.1M)(102.7M)(107.8M)
Capital Surpluse142.3M176.2M181.8M186.7M214.7M165.9M
Deferred Long Term Liab520K190K808K337K303.3K522.7K
Non Current Liabilities Other12.1M14.3M13.5M2.8M3.2M4.5M

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When determining whether Iteris Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iteris' 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 Iteris Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iteris Inc Stock:
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.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.