Imeik Common Stock vs Intangible Assets Analysis

300896 Stock   173.16  5.01  2.98%   
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 Common Stock and its Intangible Assets 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.

Common Stock vs Intangible Assets

Common Stock vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imeik Technology Dev Common Stock account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Imeik Technology's Common Stock and Intangible Assets is 0.71. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets 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 Common Stock and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Imeik Technology Development are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., Imeik Technology's Common Stock and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 363 M, whereas Selling General Administrative is forecasted to decline to about 103.3 M.
 2022 2023 2024 2025 (projected)
Net Interest Income45.2M55.0M63.3M66.4M
Tax Provision220.7M300.6M345.7M363.0M

Imeik Technology fundamental ratios Correlations

0.890.971.00.92-0.870.960.740.860.950.480.980.940.810.930.970.550.960.970.980.880.860.840.941.00.57
0.890.920.890.9-0.640.950.810.630.920.290.830.940.880.860.920.520.780.920.840.970.720.750.940.860.18
0.970.920.960.96-0.730.990.860.720.990.260.90.990.870.940.980.510.871.00.910.940.850.810.980.940.52
1.00.890.960.92-0.880.960.730.870.940.490.980.930.80.920.960.550.970.960.990.870.860.840.931.00.57
0.920.90.960.92-0.730.930.880.720.930.310.870.920.930.90.980.440.840.960.880.870.890.870.940.90.47
-0.87-0.64-0.73-0.88-0.73-0.71-0.41-0.99-0.69-0.8-0.94-0.66-0.58-0.75-0.79-0.54-0.96-0.74-0.93-0.58-0.84-0.83-0.68-0.91-0.62
0.960.950.990.960.93-0.710.840.70.990.240.891.00.860.930.960.520.860.990.90.960.790.770.980.930.47
0.740.810.860.730.88-0.410.840.40.84-0.060.640.850.890.740.840.20.590.840.660.830.690.590.830.680.27
0.860.630.720.870.72-0.990.70.40.690.790.920.650.570.740.780.550.950.730.920.570.870.850.670.90.62
0.950.920.990.940.93-0.690.990.840.690.230.870.990.820.960.960.560.840.990.880.960.820.770.990.920.52
0.480.290.260.490.31-0.80.24-0.060.790.230.610.180.150.370.370.490.670.280.60.190.480.530.240.550.23
0.980.830.90.980.87-0.940.890.640.920.870.610.860.760.850.920.510.990.91.00.780.850.840.850.990.57
0.940.940.990.930.92-0.661.00.850.650.990.180.860.850.920.950.50.820.980.870.960.770.740.980.910.46
0.810.880.870.80.93-0.580.860.890.570.820.150.760.850.730.880.20.70.850.770.80.730.770.830.770.28
0.930.860.940.920.9-0.750.930.740.740.960.370.850.920.730.940.710.850.960.870.920.850.810.970.910.54
0.970.920.980.960.98-0.790.960.840.780.960.370.920.950.880.940.530.90.980.930.90.890.850.960.950.51
0.550.520.510.550.44-0.540.520.20.550.560.490.510.50.20.710.530.550.550.520.590.520.510.60.570.26
0.960.780.870.970.84-0.960.860.590.950.840.670.990.820.70.850.90.550.870.990.740.850.830.820.980.61
0.970.921.00.960.96-0.740.990.840.730.990.280.90.980.850.960.980.550.870.910.940.850.810.990.940.53
0.980.840.910.990.88-0.930.90.660.920.880.61.00.870.770.870.930.520.990.910.80.850.840.860.990.57
0.880.970.940.870.87-0.580.960.830.570.960.190.780.960.80.920.90.590.740.940.80.710.690.970.840.25
0.860.720.850.860.89-0.840.790.690.870.820.480.850.770.730.850.890.520.850.850.850.710.910.810.860.63
0.840.750.810.840.87-0.830.770.590.850.770.530.840.740.770.810.850.510.830.810.840.690.910.790.840.51
0.940.940.980.930.94-0.680.980.830.670.990.240.850.980.830.970.960.60.820.990.860.970.810.790.90.44
1.00.860.941.00.9-0.910.930.680.90.920.550.990.910.770.910.950.570.980.940.990.840.860.840.90.6
0.570.180.520.570.47-0.620.470.270.620.520.230.570.460.280.540.510.260.610.530.570.250.630.510.440.6
Click cells to compare fundamentals

Imeik Technology Account Relationship Matchups

Imeik Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.6B5.3B6.3B6.9B7.9B8.3B
Other Current Liab85.2M318.5K178.8M187.3M215.4M226.2M
Total Current Liabilities89.8M178.6M224.2M297.7M342.3M359.4M
Total Stockholder Equity4.5B5.0B5.8B6.3B7.3B7.7B
Property Plant And Equipment Net142.9M190.4M258.1M300.4M345.5M362.8M
Net Debt(3.4B)(3.2B)(3.1B)(2.4B)(2.1B)(2.0B)
Retained Earnings808.9M1.3B2.1B3.0B3.4B3.6B
Accounts Payable4.6M8.5M19.3M44.7M51.4M54.0M
Cash3.5B3.3B3.1B2.4B2.8B1.5B
Non Current Assets Total256.8M1.5B2.1B2.6B3.0B3.1B
Non Currrent Assets Other884.5M414.4M792.2M63.4M72.9M69.3M
Cash And Short Term Investments4.3B3.6B3.8B3.9B4.5B4.8B
Net Receivables39.4M96.7M153.2M230.8M265.5M278.7M
Liabilities And Stockholders Equity4.6B5.3B6.3B6.9B7.9B8.3B
Non Current Liabilities Total11.7M56.6M88.6M66.3M76.2M80.0M
Inventory26.8M34.9M46.7M49.8M57.2M60.1M
Other Current Assets12.2M37.6M90.5M33.5M38.5M29.9M
Other Stockholder Equity3.5B3.4B3.4B3.0B3.5B3.6B
Total Liab101.4M235.2M312.8M363.9M418.5M439.5M
Total Current Assets4.4B3.8B4.1B4.3B4.9B5.1B
Intangible Assets10.4M12.0M116.6M114.9M132.2M138.8M
Other Liab13.7M11.7M23.5M40.2M46.2M48.6M
Net Tangible Assets648.3M4.5B5.0B5.5B6.3B6.6B
Current Deferred Revenue17.8M161.8M14.7M50.6M58.2M48.4M
Short Term Debt(17.8M)7.9M11.3M15.0M17.3M18.1M
Property Plant Equipment150.6M142.9M190.4M258.1M296.8M172.2M
Deferred Long Term Liab22.6K8.2M9.6M39.0M44.9M47.1M
Net Invested Capital4.5B5.0B5.8B6.3B7.3B7.7B
Net Working Capital4.3B3.6B3.9B4.0B4.5B2.6B
Property Plant And Equipment Gross175.6M233.5M361.6M282.1M324.4M269.7M
Accumulated Other Comprehensive Income60.1M104.4M111.8M159.7M183.7M105.8M

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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.