Ivanhoe Current Deferred Revenue vs Property Plant Equipment 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 Current Deferred Revenue and its Property Plant Equipment 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.
Current Deferred Revenue vs Property Plant Equipment
Current Deferred Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ivanhoe Electric Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ivanhoe Electric's Current Deferred Revenue and Property Plant Equipment is 0.83. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment 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 Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Ivanhoe Electric are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Ivanhoe Electric's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Property Plant Equipment
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.