Inovio Net Working Capital vs Net Receivables Analysis

INO Stock  USD 1.47  0.04  2.80%   
Inovio Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Inovio Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inovio Pharmaceuticals is a good investment. Please check the relationship between Inovio Pharmaceuticals Net Working Capital and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inovio Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Inovio Stock, please use our How to Invest in Inovio Pharmaceuticals guide.

Net Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inovio Pharmaceuticals Net Working Capital account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Inovio Pharmaceuticals' Net Working Capital and Net Receivables is 0.66. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Inovio Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Inovio Pharmaceuticals' Net Working Capital and Net 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 Net Working Capital of Inovio Pharmaceuticals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Working Capital i.e., Inovio Pharmaceuticals' Net Working Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Working Capital

Net Receivables

Most indicators from Inovio Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inovio Pharmaceuticals 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 Inovio Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Inovio Stock, please use our How to Invest in Inovio Pharmaceuticals guide.At this time, Inovio Pharmaceuticals' Selling General Administrative is very stable compared to the past year. As of the 5th of August 2025, Sales General And Administrative To Revenue is likely to grow to about 178.4 K, while Issuance Of Capital Stock is likely to drop about 34.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense1.3M1.2M177.8K168.9K
Depreciation And Amortization5.5M3.5M3.1M2.4M

Inovio Pharmaceuticals fundamental ratios Correlations

-0.260.70.970.76-0.58-0.40.590.760.670.990.750.750.330.880.540.630.61.0-0.320.68-0.250.620.640.07-0.31
-0.26-0.25-0.27-0.180.230.64-0.23-0.260.43-0.320.00.090.04-0.39-0.64-0.12-0.51-0.330.8-0.240.82-0.18-0.10.09-0.45
0.7-0.250.580.66-0.08-0.590.810.250.360.690.580.320.290.80.640.780.550.72-0.330.94-0.150.110.110.18-0.38
0.97-0.270.580.62-0.71-0.310.480.80.630.970.750.720.120.820.470.420.510.97-0.270.56-0.310.650.68-0.08-0.26
0.76-0.180.660.62-0.11-0.490.660.450.630.750.450.770.70.620.560.850.80.74-0.40.610.070.410.390.56-0.3
-0.580.23-0.08-0.71-0.110.10.14-0.89-0.41-0.58-0.58-0.350.24-0.43-0.230.11-0.07-0.580.11-0.20.31-0.82-0.790.270.12
-0.40.64-0.59-0.31-0.490.1-0.45-0.220.05-0.43-0.07-0.08-0.21-0.42-0.98-0.49-0.81-0.430.59-0.540.5-0.130.0-0.220.34
0.59-0.230.810.480.660.14-0.450.00.250.590.280.470.270.660.50.650.620.6-0.310.68-0.11-0.17-0.170.25-0.2
0.76-0.260.250.80.45-0.89-0.220.00.580.760.650.570.210.60.350.290.290.76-0.250.38-0.280.940.920.02-0.18
0.670.430.360.630.63-0.410.050.250.580.610.710.80.450.420.070.50.230.610.250.380.420.590.620.29-0.56
0.99-0.320.690.970.75-0.58-0.430.590.760.610.70.740.30.870.580.60.641.0-0.380.65-0.30.60.610.05-0.28
0.750.00.580.750.45-0.58-0.070.280.650.710.70.490.130.640.20.420.150.730.00.570.010.620.66-0.08-0.22
0.750.090.320.720.77-0.35-0.080.470.570.80.740.490.50.480.210.510.550.72-0.060.260.160.50.520.34-0.32
0.330.040.290.120.70.24-0.210.270.210.450.30.130.50.280.210.830.430.3-0.240.320.220.250.240.67-0.18
0.88-0.390.80.820.62-0.43-0.420.660.60.420.870.640.480.280.530.650.450.9-0.360.84-0.430.450.490.03-0.16
0.54-0.640.640.470.56-0.23-0.980.50.350.070.580.20.210.210.530.520.850.58-0.590.59-0.520.250.130.17-0.36
0.63-0.120.780.420.850.11-0.490.650.290.50.60.420.510.830.650.520.610.61-0.350.760.050.230.220.55-0.34
0.6-0.510.550.510.8-0.07-0.810.620.290.230.640.150.550.430.450.850.610.61-0.560.42-0.290.210.120.36-0.29
1.0-0.330.720.970.74-0.58-0.430.60.760.611.00.730.720.30.90.580.610.61-0.370.68-0.320.60.620.05-0.27
-0.320.8-0.33-0.27-0.40.110.59-0.31-0.250.25-0.380.0-0.06-0.24-0.36-0.59-0.35-0.56-0.37-0.290.45-0.14-0.08-0.21-0.38
0.68-0.240.940.560.61-0.2-0.540.680.380.380.650.570.260.320.840.590.760.420.68-0.29-0.160.270.260.21-0.35
-0.250.82-0.15-0.310.070.310.5-0.11-0.280.42-0.30.010.160.22-0.43-0.520.05-0.29-0.320.45-0.16-0.17-0.140.36-0.26
0.62-0.180.110.650.41-0.82-0.13-0.170.940.590.60.620.50.250.450.250.230.210.6-0.140.27-0.170.980.12-0.13
0.64-0.10.110.680.39-0.790.0-0.170.920.620.610.660.520.240.490.130.220.120.62-0.080.26-0.140.980.08-0.09
0.070.090.18-0.080.560.27-0.220.250.020.290.05-0.080.340.670.030.170.550.360.05-0.210.210.360.120.08-0.17
-0.31-0.45-0.38-0.26-0.30.120.34-0.2-0.18-0.56-0.28-0.22-0.32-0.18-0.16-0.36-0.34-0.29-0.27-0.38-0.35-0.26-0.13-0.09-0.17
Click cells to compare fundamentals

Inovio Pharmaceuticals Account Relationship Matchups

Inovio Pharmaceuticals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets539.8M495.9M348.5M171.0M113.2M130.9M
Short Long Term Debt Total39.0M33.0M32.1M30.2M11.9M21.3M
Total Current Liabilities41.7M65.7M96.9M42.6M35.3M24.2M
Total Stockholder Equity461.1M399.7M222.4M117.3M68.5M94.4M
Property Plant And Equipment Net24.1M29.0M18.0M14.5M11.8M7.7M
Net Debt(211.7M)(38.1M)(14.3M)15.9M(53.9M)(51.3M)
Retained Earnings(906.2M)(1.2B)(1.5B)(1.6B)(1.7B)(1.6B)
Accounts Payable1.5M28.0M21.1M4.6M6.4M5.2M
Cash250.7M71.1M46.3M14.3M65.8M34.7M
Non Current Assets Total68.6M47.5M33.3M17.8M17.1M27.8M
Cash And Short Term Investments411.6M401.3M253.0M145.3M94.1M92.4M
Net Receivables19.1M8.0M11.7M2.4M1.2M1.1M
Common Stock Shares Outstanding169.9M214.6M19.9M22.2M27.2M47.3M
Liabilities And Stockholders Equity539.8M495.9M348.5M171.0M114.9M130.9M
Non Current Liabilities Total36.9M30.5M29.3M11.0M9.4M12.0M
Other Current Assets40.5M39.1M50.5M5.4M2.5M2.4M
Other Stockholder Equity1.4B1.6B1.7B1.7B1.8B1.9B
Total Liab78.6M96.3M126.2M53.6M46.4M36.1M
Property Plant And Equipment Gross24.1M48.0M18.0M35.3M28.2M29.6M
Total Current Assets471.2M448.4M315.2M153.1M97.8M103.2M
Accumulated Other Comprehensive Income(256.2K)(282.2K)(698.7K)(662.6K)(675.7K)(641.9K)
Intangible Assets3.7M3.1M2.6M2.1M2.4M2.3M
Other Current Liab37.9M35.1M73.0M18.7M26.4M15.7M
Other Liab9.1M206.4K111.2K32.0K36.9K35.0K
Non Currrent Assets Other26.0M1.4M684.0K605.3K3.7M2.5M
Other Assets43.6M1.4M684.0K1.0(1.7M)(1.6M)
Common Stock Total Equity101.4K186.9K217.4K253.1K227.8K216.4K
Short Term Debt2.3M2.6M2.8M19.2M2.5M2.4M
Common Stock186.9K217.4K253.1K22.8K36.1K34.3K
Property Plant Equipment12.8M11.3M17.5M7.7M8.9M5.2M
Current Deferred Revenue124.1K46.6K21.6K1.0M1.2M2.1M
Short Term Investments160.9M330.2M206.7M131.0M28.3M26.9M
Net Tangible Assets(10.8M)447.5M386.5M209.7M241.2M159.6M
Retained Earnings Total Equity(739.8M)(906.2M)(1.2B)(1.5B)(1.3B)(1.3B)
Capital Surpluse742.6M1.4B1.6B1.7B2.0B2.1B

Pair Trading with Inovio Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Inovio Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Inovio Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.

Moving against Inovio Stock

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The ability to find closely correlated positions to Inovio Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inovio Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Inovio Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Inovio Pharmaceuticals to buy it.
The correlation of Inovio Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Inovio Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inovio Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Inovio Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Inovio Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Inovio Pharmaceuticals' 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 Inovio Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Inovio Pharmaceuticals Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inovio Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Inovio Stock, please use our How to Invest in Inovio Pharmaceuticals guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Biotechnology 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 Inovio Pharmaceuticals. If investors know Inovio 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 Inovio Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.15)
Revenue Per Share
0.009
Quarterly Revenue Growth
0.14
Return On Assets
(0.61)
Return On Equity
(1.32)
The market value of Inovio Pharmaceuticals is measured differently than its book value, which is the value of Inovio that is recorded on the company's balance sheet. Investors also form their own opinion of Inovio Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Inovio Pharmaceuticals' 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 Inovio Pharmaceuticals' market value can be influenced by many factors that don't directly affect Inovio Pharmaceuticals' 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 Inovio Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inovio Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inovio Pharmaceuticals' 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.