IRIDEX Historical Balance Sheet

IRIX Stock  USD 1.68  0.04  2.44%   
Trend analysis of IRIDEX balance sheet accounts such as Total Current Liabilities of 9.3 M or Total Stockholder Equity of 9 M provides information on IRIDEX's total assets, liabilities, and equity, which is the actual value of IRIDEX to its prevalent stockholders. By breaking down trends over time using IRIDEX balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining IRIDEX latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether IRIDEX is a good buy for the upcoming year.

IRIDEX Inventory

9.59 Million

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IRIDEX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.

About IRIDEX Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of IRIDEX at a specified time, usually calculated after every quarter, six months, or one year. IRIDEX Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IRIDEX and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which IRIDEX currently owns. An asset can also be divided into two categories, current and non-current.

IRIDEX Balance Sheet Chart

At this time, IRIDEX's Short and Long Term Debt Total is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 17.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 9.3 M in 2024.

Total Assets

Total assets refers to the total amount of IRIDEX 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 IRIDEX 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.

Total Current Liabilities

Total Current Liabilities is an item on IRIDEX balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IRIDEX 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most accounts from IRIDEX's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into IRIDEX current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 IRIDEX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy IRIDEX Stock please use our How to Invest in IRIDEX guide.At this time, IRIDEX's Short and Long Term Debt Total is fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 17.6 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 9.3 M in 2024.
 2021 2022 2023 2024 (projected)
Other Current Liabilities6.5M5.1M4.0M4.3M
Total Assets48.7M42.3M34.4M38.2M

IRIDEX balance sheet Correlations

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0.580.760.120.64-0.47-0.610.380.630.120.130.640.640.640.24-0.030.780.590.610.140.210.720.340.74-0.280.57
0.70.760.090.71-0.37-0.770.690.530.320.460.530.790.930.530.080.930.80.680.370.380.850.630.89-0.250.45
0.660.120.09-0.14-0.790.48-0.260.660.2-0.540.650.430.00.56-0.180.13-0.350.670.53-0.540.05-0.35-0.010.25-0.39
0.380.640.71-0.14-0.05-0.760.530.250.320.190.250.680.810.22-0.210.820.670.320.140.420.850.470.86-0.220.52
-0.72-0.47-0.37-0.79-0.05-0.140.1-0.940.090.4-0.93-0.46-0.21-0.450.11-0.390.02-0.83-0.350.42-0.240.01-0.250.240.0
-0.26-0.61-0.770.48-0.76-0.14-0.76-0.14-0.14-0.63-0.16-0.51-0.8-0.17-0.02-0.75-0.9-0.25-0.12-0.67-0.75-0.63-0.810.36-0.56
0.470.380.69-0.260.530.1-0.760.110.40.770.140.630.610.59-0.10.540.870.390.120.80.50.630.58-0.070.24
0.810.630.530.660.25-0.94-0.140.11-0.05-0.251.00.590.370.5-0.120.540.230.920.44-0.190.380.090.41-0.320.1
0.480.120.320.20.320.09-0.140.4-0.050.22-0.050.560.40.45-0.140.270.370.210.130.220.310.390.340.790.16
0.080.130.46-0.540.190.4-0.630.77-0.250.22-0.230.180.380.230.380.250.730.02-0.140.70.190.650.28-0.070.29
0.810.640.530.650.25-0.93-0.160.141.0-0.05-0.230.60.360.5-0.120.530.250.920.44-0.160.370.10.4-0.320.1
0.880.640.790.430.68-0.46-0.510.630.590.560.180.60.760.8-0.320.80.60.790.450.290.770.350.780.110.22
0.580.640.930.00.81-0.21-0.80.610.370.40.380.360.760.430.00.950.750.510.370.310.930.620.96-0.160.48
0.820.240.530.560.22-0.45-0.170.590.50.450.230.50.80.43-0.290.470.350.760.510.220.370.170.370.17-0.19
-0.11-0.030.08-0.18-0.210.11-0.02-0.1-0.12-0.140.38-0.12-0.320.0-0.29-0.110.08-0.080.03-0.08-0.220.28-0.18-0.160.12
0.640.780.930.130.82-0.39-0.750.540.540.270.250.530.80.950.47-0.110.680.620.380.250.960.50.97-0.270.5
0.470.590.8-0.350.670.02-0.90.870.230.370.730.250.60.750.350.080.680.40.030.70.620.830.74-0.180.6
0.960.610.680.670.32-0.83-0.250.390.920.210.020.920.790.510.76-0.080.620.40.550.020.470.220.5-0.140.05
0.530.140.370.530.14-0.35-0.120.120.440.13-0.140.440.450.370.510.030.380.030.55-0.010.33-0.230.240.05-0.35
0.080.210.38-0.540.420.42-0.670.8-0.190.220.7-0.160.290.310.22-0.080.250.70.02-0.010.30.40.31-0.060.29
0.510.720.850.050.85-0.24-0.750.50.380.310.190.370.770.930.37-0.220.960.620.470.330.30.410.97-0.180.51
0.310.340.63-0.350.470.01-0.630.630.090.390.650.10.350.620.170.280.50.830.22-0.230.40.410.57-0.120.68
0.550.740.89-0.010.86-0.25-0.810.580.410.340.280.40.780.960.37-0.180.970.740.50.240.310.970.57-0.20.59
0.1-0.28-0.250.25-0.220.240.36-0.07-0.320.79-0.07-0.320.11-0.160.17-0.16-0.27-0.18-0.140.05-0.06-0.18-0.12-0.2-0.18
0.090.570.45-0.390.520.0-0.560.240.10.160.290.10.220.48-0.190.120.50.60.05-0.350.290.510.680.59-0.18
Click cells to compare fundamentals

IRIDEX Account Relationship Matchups

IRIDEX balance sheet Accounts

201920202021202220232024 (projected)
Total Assets34.8M28.0M48.7M42.3M34.4M38.2M
Other Current Liab4.3M3.9M6.5M5.1M4.0M4.3M
Total Current Liabilities9.8M8.7M12.6M12.5M13.0M9.3M
Total Stockholder Equity22.7M17.4M23.3M17.2M9.5M9.0M
Property Plant And Equipment Net3.5M1.9M3.0M2.1M3.0M1.5M
Net Debt(9.4M)(7.4M)(21.2M)(12.2M)(4.3M)(4.5M)
Retained Earnings(50.6M)(56.9M)(62.2M)(69.7M)(79.0M)(75.1M)
Accounts Payable2.6M1.1M2.8M3.9M4.5M4.7M
Cash12.7M11.6M23.9M13.9M7.0M12.7M
Non Current Assets Total4.3M2.6M6.4M6.5M7.0M4.4M
Non Currrent Assets Other151K132K271K1.5M1.4M1.5M
Cash And Short Term Investments12.7M11.6M23.9M13.9M7.0M13.9M
Net Receivables9.3M7.3M9.7M9.8M9.7M8.4M
Common Stock Shares Outstanding13.7M13.8M15.4M15.9M16.1M10.5M
Liabilities And Stockholders Equity34.8M28.0M48.7M42.3M34.4M38.2M
Inventory8.2M5.7M7.6M10.6M9.9M9.6M
Other Current Assets401K1.5M2.1M1.5M856K1.4M
Other Stockholder Equity73.1M74.2M85.3M86.8M88.4M47.5M
Total Liab12.1M10.6M25.4M25.1M24.9M26.2M
Total Current Assets30.6M25.4M42.3M35.8M27.5M33.8M
Property Plant And Equipment Gross3.5M449K3.0M2.1M16.7M17.6M
Accumulated Other Comprehensive Income80K(19K)45K(24K)(52K)(54.6K)
Common Stock Total Equity126K145K147K148K170.2K105.1K
Intangible Assets84K68K2.2M2.0M1.6M843.2K
Common Stock147K148K168K169K172K114.4K
Other Assets151K1.6M271K1.5M1.7M1.6M
Property Plant Equipment730K1.9M3.0M2.1M2.4M1.3M
Current Deferred Revenue1.5M938K2.4M2.4M2.4M1.9M
Non Current Liabilities Total2.3M1.9M12.7M12.6M11.9M12.5M
Short Term Debt1.4M2.7M927K1.0M2.0M2.1M
Other Liab535K392K11.0M11.9M13.7M14.3M
Net Tangible Assets22.1M16.8M20.1M14.3M12.9M20.2M
Retained Earnings Total Equity(29.0M)(41.8M)(50.6M)(56.9M)(51.2M)(48.7M)
Capital Surpluse59.4M71.5M73.1M74.2M85.3M58.5M
Non Current Liabilities Other2.3M22K25K26K23.4K22.2K
Net Invested Capital22.7M19.9M23.3M17.2M9.5M17.5M
Net Working Capital20.8M16.7M29.6M23.3M14.5M18.6M
Capital Stock147K148K168K169K172K174.0K

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Additional Tools for IRIDEX Stock Analysis

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