Immunovant Change To Inventory vs Change To Account Receivables Analysis

IMVT Stock  USD 24.97  0.94  3.63%   
Immunovant financial indicator trend analysis is infinitely more than just investigating Immunovant recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immunovant is a good investment. Please check the relationship between Immunovant Change To Inventory and its Change To Account Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunovant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For more information on how to buy Immunovant Stock please use our How to Invest in Immunovant guide.

Change To Inventory vs Change To Account Receivables

Change To Inventory vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immunovant Change To Inventory account and Change To Account Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Immunovant's Change To Inventory and Change To Account Receivables is 0.71. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Immunovant, assuming nothing else is changed. The correlation between historical values of Immunovant's Change To Inventory and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Immunovant are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change To Inventory i.e., Immunovant's Change To Inventory and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Account Receivables

Most indicators from Immunovant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immunovant 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 Immunovant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For more information on how to buy Immunovant Stock please use our How to Invest in Immunovant guide.At this time, Immunovant's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.1 M in 2026, despite the fact that Enterprise Value Over EBITDA is likely to grow to (4.68).
 2023 2024 2025 2026 (projected)
Total Operating Expenses270.2M438.2M503.9M529.1M
Research Development212.9M360.9M415.1M435.8M

Immunovant fundamental ratios Correlations

0.970.981.00.860.890.930.930.990.991.00.020.6-0.9-0.98-0.960.950.890.950.950.240.9-0.030.9-0.860.95
0.970.990.970.810.840.920.960.980.990.97-0.060.49-0.86-0.94-0.980.910.870.910.910.140.89-0.020.89-0.840.91
0.980.990.980.820.90.910.960.991.00.98-0.040.51-0.85-0.95-0.970.920.90.910.920.240.88-0.010.88-0.840.92
1.00.970.980.860.890.930.920.980.981.00.020.61-0.9-0.98-0.960.950.890.950.950.240.9-0.030.9-0.860.95
0.860.810.820.860.710.940.660.780.830.860.360.82-0.98-0.92-0.760.930.640.950.930.350.980.020.97-0.910.93
0.890.840.90.890.710.760.830.890.910.89-0.080.48-0.71-0.84-0.850.810.890.780.810.490.72-0.070.72-0.670.81
0.930.920.910.930.940.760.820.890.910.930.130.62-0.94-0.96-0.910.990.740.940.990.20.990.010.99-0.890.99
0.930.960.960.920.660.830.820.970.950.93-0.210.35-0.72-0.86-0.970.830.940.810.83-0.010.76-0.050.77-0.710.83
0.990.980.990.980.780.890.890.970.990.98-0.110.48-0.83-0.94-0.980.910.920.90.910.150.85-0.060.85-0.790.91
0.990.991.00.980.830.910.910.950.990.99-0.030.53-0.86-0.95-0.970.920.90.920.920.240.89-0.010.89-0.840.92
1.00.970.981.00.860.890.930.930.980.990.020.6-0.9-0.98-0.960.950.890.950.950.240.91-0.030.9-0.860.95
0.02-0.06-0.040.020.36-0.080.13-0.21-0.11-0.030.020.61-0.28-0.090.170.09-0.10.180.090.170.260.650.18-0.470.08
0.60.490.510.610.820.480.620.350.480.530.60.61-0.81-0.65-0.410.620.470.780.620.30.71-0.010.67-0.720.61
-0.9-0.86-0.85-0.9-0.98-0.71-0.94-0.72-0.83-0.86-0.9-0.28-0.810.950.82-0.93-0.68-0.98-0.93-0.27-0.970.05-0.960.91-0.92
-0.98-0.94-0.95-0.98-0.92-0.84-0.96-0.86-0.94-0.95-0.98-0.09-0.650.950.94-0.98-0.81-0.96-0.98-0.28-0.950.03-0.950.89-0.97
-0.96-0.98-0.97-0.96-0.76-0.85-0.91-0.97-0.98-0.97-0.960.17-0.410.820.94-0.92-0.88-0.87-0.92-0.11-0.850.07-0.870.77-0.92
0.950.910.920.950.930.810.990.830.910.920.950.090.62-0.93-0.98-0.920.790.931.00.250.96-0.020.97-0.871.0
0.890.870.90.890.640.890.740.940.920.90.89-0.10.47-0.68-0.81-0.880.790.780.790.060.69-0.040.68-0.660.79
0.950.910.910.950.950.780.940.810.90.920.950.180.78-0.98-0.96-0.870.930.780.930.260.95-0.10.95-0.890.93
0.950.910.920.950.930.810.990.830.910.920.950.090.62-0.93-0.98-0.921.00.790.930.250.96-0.020.97-0.871.0
0.240.140.240.240.350.490.2-0.010.150.240.240.170.3-0.27-0.28-0.110.250.060.260.250.24-0.020.25-0.240.23
0.90.890.880.90.980.720.990.760.850.890.910.260.71-0.97-0.95-0.850.960.690.950.960.240.070.99-0.940.96
-0.03-0.02-0.01-0.030.02-0.070.01-0.05-0.06-0.01-0.030.65-0.010.050.030.07-0.02-0.04-0.1-0.02-0.020.07-0.02-0.36-0.03
0.90.890.880.90.970.720.990.770.850.890.90.180.67-0.96-0.95-0.870.970.680.950.970.250.99-0.02-0.90.97
-0.86-0.84-0.84-0.86-0.91-0.67-0.89-0.71-0.79-0.84-0.86-0.47-0.720.910.890.77-0.87-0.66-0.89-0.87-0.24-0.94-0.36-0.9-0.86
0.950.910.920.950.930.810.990.830.910.920.950.080.61-0.92-0.97-0.921.00.790.931.00.230.96-0.030.97-0.86
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Immunovant Account Relationship Matchups

Immunovant fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets515.6M405.8M666.7M776.2M892.7M937.3M
Other Current Liab24.7M40.8M41.3M51.0M58.7M61.6M
Total Current Liabilities44.5M43.3M48.6M68.8M79.1M83.0M
Total Stockholder Equity469.8M362.5M617.8M707.4M813.6M854.2M
Net Tangible Assets94.1M391.5M469.8M362.5M416.9M242.7M
Accounts Payable18.6M1.4M7.2M17.7M20.3M21.3M
Common Stock Shares Outstanding109.7M123.1M138.1M151.6M174.3M93.2M
Liabilities And Stockholders Equity515.6M405.8M666.7M776.2M892.7M937.3M
Other Current Assets6.3M26.9M24.9M51.2M58.9M61.8M
Other Stockholder Equity824.8M928.0M1.4B1.9B2.2B2.3B
Total Liab45.7M43.3M49.0M68.8M79.1M83.0M
Total Current Assets512.9M404.3M665.8M767.7M882.8M927.0M
Accumulated Other Comprehensive Income404K852K1.9M1.5M1.7M1.8M
Short Long Term Debt Total2.4M1.2M138K98K88.2K83.8K
Property Plant And Equipment Net2.6M1.5M595K942K1.1M1.4M
Net Debt(491.5M)(375.3M)(635.2M)(713.9M)(642.5M)(610.4M)
Retained Earnings(355.4M)(566.3M)(825.7M)(1.2B)(1.1B)(1.1B)
Cash493.8M376.5M635.4M714.0M821.1M427.5M
Non Current Assets Total2.6M1.5M942K8.6M9.8M10.3M
Cash And Short Term Investments493.8M376.5M635.4M714.0M821.1M427.5M
Net Receivables12.9M885K5.5M2.5M2.9M4.5M
Common Stock Total Equity5K10K12K13K15.0K8.9K
Non Current Liabilities Total1.2M47K347K1.1M988.2K938.8K
Capital Surpluse185.3M590.4M824.8M928.0M1.1B556.3M
Net Invested Capital469.8M362.5M617.8M707.4M813.6M415.4M
Capital Stock12K13K14K16K18.4K11.0K
Net Working Capital468.4M361.0M617.2M698.9M803.7M413.2M
Short Term Debt1.1M1.2M138K98K88.2K83.8K
Common Stock12K13K14K16K18.4K11.0K
Property Plant Equipment65K201K330K333K383.0K216.3K
Capital Lease Obligations2.4M1.2M138K98K88.2K83.8K
Property Plant And Equipment Gross2.6M1.5M595K942K847.8K1.2M

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Additional Tools for Immunovant Stock Analysis

When running Immunovant's price analysis, check to measure Immunovant's 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 Immunovant is operating at the current time. Most of Immunovant's value examination focuses on studying past and present price action to predict the probability of Immunovant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immunovant's price. Additionally, you may evaluate how the addition of Immunovant to your portfolios can decrease your overall portfolio volatility.