Ivanhoe Accounts Payable vs Total Assets Analysis
| IE Stock | USD 9.46 0.60 5.96% |
Ivanhoe Electric financial indicator trend analysis is infinitely more than just investigating Ivanhoe Electric recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ivanhoe Electric is a good investment. Please check the relationship between Ivanhoe Electric Accounts Payable and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ivanhoe Electric. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Ivanhoe Stock refer to our How to Trade Ivanhoe Stock guide.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ivanhoe Electric Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ivanhoe Electric's Accounts Payable and Total Assets is 0.98. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ivanhoe Electric, assuming nothing else is changed. The correlation between historical values of Ivanhoe Electric's Accounts Payable 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 Accounts Payable of Ivanhoe Electric 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 Accounts Payable i.e., Ivanhoe Electric's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Ivanhoe Electric 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 Ivanhoe Electric 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 Assets
Total assets refers to the total amount of Ivanhoe Electric 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 Ivanhoe Electric 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 Ivanhoe Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ivanhoe Electric 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 Ivanhoe Electric. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Ivanhoe Stock refer to our How to Trade Ivanhoe Stock guide.At present, Ivanhoe Electric's Sales General And Administrative To Revenue is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.1 B, whereas Selling General Administrative is forecasted to decline to about 26 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 4.3M | 5.5M | 2.6M | 3.2M | Interest Income | 6.7M | 26.4M | 30.4M | 31.9M |
Ivanhoe Electric fundamental ratios Correlations
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Ivanhoe Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ivanhoe Electric. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Ivanhoe Stock refer to our How to Trade Ivanhoe Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Diversified Metals & Mining 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 Ivanhoe Electric. If investors know Ivanhoe 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 Ivanhoe Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.59) | Revenue Per Share 0.027 | Quarterly Revenue Growth 1.808 | Return On Assets (0.27) | Return On Equity (0.64) |
The market value of Ivanhoe Electric is measured differently than its book value, which is the value of Ivanhoe that is recorded on the company's balance sheet. Investors also form their own opinion of Ivanhoe Electric's value that differs from its market value or its book value, called intrinsic value, which is Ivanhoe Electric'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 Ivanhoe Electric's market value can be influenced by many factors that don't directly affect Ivanhoe Electric'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 Ivanhoe Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ivanhoe Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ivanhoe Electric'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.