IGM Cash And Short Term Investments from 2010 to 2024

IGMS Stock  USD 9.49  0.67  6.59%   
IGM Biosciences Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments will likely drop to about 251.4 M in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2018-03-31
Previous Quarter
256.7 M
Current Value
218.8 M
Quarterly Volatility
138.5 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' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of IGM Biosciences over the last few years. Short Term Investments is an account in the current assets section of IGM Biosciences balance sheet. This account contains IGM Biosciences investments that will expire within one year. These investments include stocks and bonds that can be liquidated by IGM Biosciences fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. IGM Biosciences' Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

IGM Cash And Short Term Investments Regression Statistics

Arithmetic Mean123,597,463
Geometric Mean6,524,016
Coefficient Of Variation132.13
Mean Deviation147,604,555
Median432,000
Standard Deviation163,305,455
Sample Variance26668.7T
Range426.7M
R-Value0.82
Mean Square Error9329.1T
R-Squared0.68
Significance0.0002
Slope30,004,949
Total Sum of Squares373361.4T

IGM Cash And Short Term Investments History

2024251.4 M
2023337.7 M
2022427.2 M
2021229.5 M
2020366.3 M
2019236.6 M
20181.9 M

About IGM Biosciences Financial Statements

IGM Biosciences shareholders use historical fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments337.7 M251.4 M

Thematic Opportunities

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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.