IGM Change In Working Capital from 2010 to 2024

IGMS Stock  USD 9.25  0.24  2.53%   
IGM Biosciences Change In Working Capital yearly trend continues to be comparatively stable with very little volatility. Change In Working Capital is likely to outpace its year average in 2024. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2018-09-30
Previous Quarter
-896 K
Current Value
3.9 M
Quarterly Volatility
31 M
 
Covid
Check IGM Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IGM Biosciences' main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 8.7 M or Interest Expense of 8.3 M, as well as many indicators such as Price To Sales Ratio of 194, Dividend Yield of 0.0 or PTB Ratio of 2.25. IGM financial statements analysis is a perfect complement when working with IGM Biosciences Valuation or Volatility modules.
  
Check out the analysis of IGM Biosciences Correlation against competitors.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.

Latest IGM Biosciences' Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of IGM Biosciences over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. IGM Biosciences' Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IGM Biosciences' overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Pretty Stable
   Change In Working Capital   
       Timeline  

IGM Change In Working Capital Regression Statistics

Arithmetic Mean10,087,310
Coefficient Of Variation399.31
Mean Deviation19,344,359
Median443,000
Standard Deviation40,279,338
Sample Variance1622.4T
Range161.9M
R-Value0.28
Mean Square Error1611.5T
R-Squared0.08
Significance0.31
Slope2,510,120
Total Sum of Squares22714T

IGM Change In Working Capital History

2024-6.4 M
2023-6.7 M
2022155.2 M
20216.4 M
2020M
2019-5 M
20182.2 M

About IGM Biosciences Financial Statements

IGM Biosciences shareholders use historical fundamental indicators, such as Change In Working Capital, to determine how well the company is positioned to perform in the future. Although IGM Biosciences investors may analyze each financial statement separately, they are all interrelated. The changes in IGM Biosciences' assets and liabilities, for example, are also reflected in the revenues and expenses on on IGM Biosciences' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change In Working Capital-6.7 M-6.4 M

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Additional Tools for IGM Stock Analysis

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