Imeik Change In Working Capital vs Net Income Analysis

300896 Stock

205.18 0.22 0.11%

Imeik Technology financial indicator trend analysis is infinitely more than just investigating Imeik Technology Dev recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imeik Technology Dev is a good investment. Please check the relationship between Imeik Technology Change In Working Capital and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Imeik Technology Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change In Working Capital vs Net Income

Change In Working Capital vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imeik Technology Dev Change In Working Capital account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Imeik Technology's Change In Working Capital and Net Income is -0.11. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Net Income in the same time period over historical financial statements of Imeik Technology Development, assuming nothing else is changed. The correlation between historical values of Imeik Technology's Change In Working Capital and Net Income 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 In Working Capital of Imeik Technology Development are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Working Capital i.e., Imeik Technology's Change In Working Capital and Net Income go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

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Change In Working Capital

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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Imeik Technology Dev financial statement analysis. It represents the amount of money remaining after all of Imeik Technology Development operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Imeik Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imeik Technology Dev 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Imeik Technology Development. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 315.7 M. The current year's Selling General Administrative is expected to grow to about 331.3 M

	2021	2022	2023	2024 (projected)
Net Interest Income	51.9M	45.2M	55.0M	57.8M
Tax Provision	164.5M	220.7M	300.6M	315.7M

Net Interest Income Tax Provision

Imeik Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.85	0.96	1.0	0.82	-0.92	0.95	0.63	0.87	0.93	0.6	0.98	0.92	0.74	0.9	0.88	0.56	0.89	0.96	0.98	0.83	0.86	0.83	0.91	1.0	0.55
Other Current Liab	0.85		0.89	0.84	0.75	-0.66	0.92	0.73	0.6	0.88	0.39	0.78	0.91	0.82	0.82	0.78	0.53	0.63	0.88	0.8	0.95	0.68	0.72	0.92	0.84	0.09
Total Current Liabilities	0.96	0.89		0.95	0.84	-0.78	0.99	0.79	0.72	0.99	0.36	0.88	0.98	0.81	0.93	0.87	0.52	0.75	1.0	0.89	0.9	0.85	0.8	0.98	0.95	0.51
Total Stockholder Equity	1.0	0.84	0.95		0.81	-0.93	0.94	0.62	0.88	0.92	0.61	0.98	0.91	0.73	0.9	0.88	0.56	0.9	0.95	0.99	0.82	0.86	0.83	0.9	1.0	0.56
Property Plant And Equipment Net	0.82	0.75	0.84	0.81		-0.77	0.78	0.71	0.77	0.79	0.49	0.78	0.75	0.8	0.81	0.97	0.46	0.78	0.84	0.79	0.7	0.97	0.91	0.79	0.8	0.43
Net Debt	-0.92	-0.66	-0.78	-0.93	-0.77		-0.76	-0.38	-0.99	-0.73	-0.83	-0.98	-0.7	-0.58	-0.76	-0.85	-0.53	-0.98	-0.79	-0.97	-0.59	-0.84	-0.84	-0.69	-0.93	-0.6
Retained Earnings	0.95	0.92	0.99	0.94	0.78	-0.76		0.75	0.69	0.99	0.35	0.87	1.0	0.79	0.91	0.82	0.53	0.72	0.98	0.88	0.94	0.78	0.75	0.98	0.94	0.44
Accounts Payable	0.63	0.73	0.79	0.62	0.71	-0.38	0.75		0.31	0.76	-0.03	0.52	0.77	0.83	0.65	0.63	0.14	0.34	0.77	0.54	0.74	0.65	0.5	0.78	0.61	0.19
Cash	0.87	0.6	0.72	0.88	0.77	-0.99	0.69	0.31		0.67	0.86	0.94	0.63	0.52	0.72	0.85	0.53	0.99	0.73	0.93	0.52	0.84	0.83	0.62	0.88	0.59
Non Current Assets Total	0.93	0.88	0.99	0.92	0.79	-0.73	0.99	0.76	0.67		0.32	0.83	0.99	0.74	0.96	0.83	0.59	0.7	0.99	0.85	0.94	0.81	0.74	0.99	0.92	0.5
Non Currrent Assets Other	0.6	0.39	0.36	0.61	0.49	-0.83	0.35	-0.03	0.86	0.32		0.72	0.27	0.22	0.45	0.59	0.51	0.83	0.39	0.71	0.27	0.55	0.61	0.28	0.6	0.25
Cash And Short Term Investments	0.98	0.78	0.88	0.98	0.78	-0.98	0.87	0.52	0.94	0.83	0.72		0.82	0.69	0.81	0.86	0.51	0.94	0.87	1.0	0.72	0.83	0.83	0.8	0.98	0.55
Net Receivables	0.92	0.91	0.98	0.91	0.75	-0.7	1.0	0.77	0.63	0.99	0.27	0.82		0.77	0.91	0.79	0.52	0.67	0.98	0.84	0.94	0.76	0.71	0.99	0.92	0.44
Short Term Investments	0.74	0.82	0.81	0.73	0.8	-0.58	0.79	0.83	0.52	0.74	0.22	0.69	0.77		0.64	0.71	0.14	0.52	0.79	0.7	0.71	0.69	0.74	0.78	0.73	0.21
Non Current Liabilities Total	0.9	0.82	0.93	0.9	0.81	-0.76	0.91	0.65	0.72	0.96	0.45	0.81	0.91	0.64		0.86	0.73	0.75	0.96	0.83	0.89	0.85	0.79	0.94	0.89	0.51
Inventory	0.88	0.78	0.87	0.88	0.97	-0.85	0.82	0.63	0.85	0.83	0.59	0.86	0.79	0.71	0.86		0.58	0.87	0.88	0.86	0.74	0.98	0.89	0.81	0.87	0.49
Other Current Assets	0.56	0.53	0.52	0.56	0.46	-0.53	0.53	0.14	0.53	0.59	0.51	0.51	0.52	0.14	0.73	0.58		0.55	0.57	0.52	0.62	0.5	0.49	0.58	0.54	0.23
Other Stockholder Equity	0.89	0.63	0.75	0.9	0.78	-0.98	0.72	0.34	0.99	0.7	0.83	0.94	0.67	0.52	0.75	0.87	0.55		0.75	0.94	0.57	0.86	0.82	0.65	0.9	0.59
Total Liab	0.96	0.88	1.0	0.95	0.84	-0.79	0.98	0.77	0.73	0.99	0.39	0.87	0.98	0.79	0.96	0.88	0.57	0.75		0.89	0.91	0.86	0.8	0.98	0.94	0.52
Total Current Assets	0.98	0.8	0.89	0.99	0.79	-0.97	0.88	0.54	0.93	0.85	0.71	1.0	0.84	0.7	0.83	0.86	0.52	0.94	0.89		0.74	0.84	0.83	0.82	0.99	0.55
Intangible Assets	0.83	0.95	0.9	0.82	0.7	-0.59	0.94	0.74	0.52	0.94	0.27	0.72	0.94	0.71	0.89	0.74	0.62	0.57	0.91	0.74		0.67	0.64	0.96	0.81	0.17
Common Stock	0.86	0.68	0.85	0.86	0.97	-0.84	0.78	0.65	0.84	0.81	0.55	0.83	0.76	0.69	0.85	0.98	0.5	0.86	0.86	0.84	0.67		0.89	0.78	0.85	0.6
Short Long Term Debt Total	0.83	0.72	0.8	0.83	0.91	-0.84	0.75	0.5	0.83	0.74	0.61	0.83	0.71	0.74	0.79	0.89	0.49	0.82	0.8	0.83	0.64	0.89		0.75	0.82	0.48
Other Liab	0.91	0.92	0.98	0.9	0.79	-0.69	0.98	0.78	0.62	0.99	0.28	0.8	0.99	0.78	0.94	0.81	0.58	0.65	0.98	0.82	0.96	0.78	0.75		0.89	0.4
Net Tangible Assets	1.0	0.84	0.95	1.0	0.8	-0.93	0.94	0.61	0.88	0.92	0.6	0.98	0.92	0.73	0.89	0.87	0.54	0.9	0.94	0.99	0.81	0.85	0.82	0.89		0.57
Current Deferred Revenue	0.55	0.09	0.51	0.56	0.43	-0.6	0.44	0.19	0.59	0.5	0.25	0.55	0.44	0.21	0.51	0.49	0.23	0.59	0.52	0.55	0.17	0.6	0.48	0.4	0.57

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Imeik Technology Account Relationship Matchups

Imeik Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	743.6M	4.6B	5.3B	6.3B	6.9B	7.2B
Other Current Liab	59.8M	85.2M	318.5K	178.8M	187.3M	196.7M
Total Current Liabilities	67.2M	89.8M	178.6M	224.2M	297.7M	312.6M
Total Stockholder Equity	658.9M	4.5B	5.0B	5.8B	6.3B	6.7B
Property Plant And Equipment Net	150.6M	142.9M	190.4M	258.1M	300.4M	156.8M
Net Debt	(505.6M)	(3.4B)	(3.2B)	(3.1B)	(2.4B)	(2.3B)
Retained Earnings	384.2M	808.9M	1.3B	2.1B	3.0B	3.1B
Accounts Payable	7.4M	4.6M	8.5M	19.3M	44.7M	46.9M
Cash	505.6M	3.5B	3.3B	3.1B	2.4B	1.5B
Non Current Assets Total	178.9M	256.8M	1.5B	2.1B	2.6B	2.7B
Non Currrent Assets Other	15.7M	884.5M	414.4M	792.2M	63.4M	60.3M
Cash And Short Term Investments	505.6M	4.3B	3.6B	3.8B	3.9B	4.1B
Net Receivables	21.6M	39.4M	96.7M	153.2M	230.8M	242.4M
Liabilities And Stockholders Equity	743.6M	4.6B	5.3B	6.3B	6.9B	7.2B
Non Current Liabilities Total	13.7M	11.7M	56.6M	88.6M	66.3M	69.6M
Inventory	23.3M	26.8M	34.9M	46.7M	49.8M	26.4M
Other Current Assets	14.2M	12.2M	37.6M	90.5M	33.5M	29.9M
Other Stockholder Equity	139.7M	3.5B	3.4B	3.4B	3.0B	1.5B
Total Liab	80.9M	101.4M	235.2M	312.8M	363.9M	382.1M
Total Current Assets	564.7M	4.4B	3.8B	4.1B	4.3B	4.5B
Intangible Assets	10.7M	10.4M	12.0M	116.6M	114.9M	120.7M
Other Liab	13.7M	11.7M	23.5M	40.2M	46.2M	48.6M
Net Tangible Assets	648.3M	4.5B	5.0B	5.5B	6.3B	6.6B
Property Plant Equipment	150.6M	142.9M	190.4M	258.1M	296.8M	172.2M
Deferred Long Term Liab	22.6K	8.2M	9.6M	39.0M	44.9M	47.1M
Net Invested Capital	658.9M	4.5B	5.0B	5.8B	6.3B	3.6B
Net Working Capital	497.5M	4.3B	3.6B	3.9B	4.0B	2.6B

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Other Information on Investing in Imeik Stock

Balance Sheet is a snapshot of the financial position of Imeik Technology Dev at a specified time, usually calculated after every quarter, six months, or one year. Imeik Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Imeik Technology 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 Imeik currently owns. An asset can also be divided into two categories, current and non-current.

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Imeik Change In Working Capital vs Net Income Analysis

Change In Working Capital vs Net Income

Change In Working Capital vs Net Income Correlation Analysis

Correlation Coefficient

Change In Working Capital

Net Income

Imeik Technology fundamental ratios Correlations

Imeik Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Imeik Technology fundamental ratios Accounts

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Other Information on Investing in Imeik Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Retained Earnings
Total Current Assets	+ 1.0	Cash And Short Term Investments

Cash	- 0.99	Net Debt
Other Stockholder Equity	- 0.98	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Total Current Assets	- 0.97	Net Debt
Net Tangible Assets	- 0.93	Net Debt
Net Debt	- 0.93	Total Stockholder Equity