Ivanhoe Total Current Liabilities vs Net Tangible 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 Total Current Liabilities and its Net Tangible 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.
Total Current Liabilities vs Net Tangible Assets
Total Current Liabilities vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ivanhoe Electric Total Current Liabilities account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ivanhoe Electric's Total Current Liabilities and Net Tangible Assets is 0.48. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Tangible 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 Total Current Liabilities and Net Tangible 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 Total Current Liabilities of Ivanhoe Electric are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Current Liabilities i.e., Ivanhoe Electric's Total Current Liabilities and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.48 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Ivanhoe Electric balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ivanhoe Electric are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.