Imeik Non Currrent Assets Other vs Accounts Payable Analysis

300896 Stock   206.06  2.01  0.97%   
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 Non Currrent Assets Other and its Accounts Payable 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.

Non Currrent Assets Other vs Accounts Payable

Non Currrent Assets Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imeik Technology Dev Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Imeik Technology's Non Currrent Assets Other and Accounts Payable is -0.03. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable 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 Non Currrent Assets Other and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Imeik Technology Development are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Currrent Assets Other i.e., Imeik Technology's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Accounts Payable

An accounting item on the balance sheet that represents Imeik Technology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Imeik Technology Dev are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Income51.9M45.2M55.0M57.8M
Tax Provision164.5M220.7M300.6M315.7M

Imeik Technology fundamental ratios Correlations

0.850.961.00.82-0.920.950.630.870.930.60.980.920.740.90.880.560.890.960.980.830.860.830.911.00.55
0.850.890.840.75-0.660.920.730.60.880.390.780.910.820.820.780.530.630.880.80.950.680.720.920.840.09
0.960.890.950.84-0.780.990.790.720.990.360.880.980.810.930.870.520.751.00.890.90.850.80.980.950.51
1.00.840.950.81-0.930.940.620.880.920.610.980.910.730.90.880.560.90.950.990.820.860.830.91.00.56
0.820.750.840.81-0.770.780.710.770.790.490.780.750.80.810.970.460.780.840.790.70.970.910.790.80.43
-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
0.950.920.990.940.78-0.760.750.690.990.350.871.00.790.910.820.530.720.980.880.940.780.750.980.940.44
0.630.730.790.620.71-0.380.750.310.76-0.030.520.770.830.650.630.140.340.770.540.740.650.50.780.610.19
0.870.60.720.880.77-0.990.690.310.670.860.940.630.520.720.850.530.990.730.930.520.840.830.620.880.59
0.930.880.990.920.79-0.730.990.760.670.320.830.990.740.960.830.590.70.990.850.940.810.740.990.920.5
0.60.390.360.610.49-0.830.35-0.030.860.320.720.270.220.450.590.510.830.390.710.270.550.610.280.60.25
0.980.780.880.980.78-0.980.870.520.940.830.720.820.690.810.860.510.940.871.00.720.830.830.80.980.55
0.920.910.980.910.75-0.71.00.770.630.990.270.820.770.910.790.520.670.980.840.940.760.710.990.920.44
0.740.820.810.730.8-0.580.790.830.520.740.220.690.770.640.710.140.520.790.70.710.690.740.780.730.21
0.90.820.930.90.81-0.760.910.650.720.960.450.810.910.640.860.730.750.960.830.890.850.790.940.890.51
0.880.780.870.880.97-0.850.820.630.850.830.590.860.790.710.860.580.870.880.860.740.980.890.810.870.49
0.560.530.520.560.46-0.530.530.140.530.590.510.510.520.140.730.580.550.570.520.620.50.490.580.540.23
0.890.630.750.90.78-0.980.720.340.990.70.830.940.670.520.750.870.550.750.940.570.860.820.650.90.59
0.960.881.00.950.84-0.790.980.770.730.990.390.870.980.790.960.880.570.750.890.910.860.80.980.940.52
0.980.80.890.990.79-0.970.880.540.930.850.711.00.840.70.830.860.520.940.890.740.840.830.820.990.55
0.830.950.90.820.7-0.590.940.740.520.940.270.720.940.710.890.740.620.570.910.740.670.640.960.810.17
0.860.680.850.860.97-0.840.780.650.840.810.550.830.760.690.850.980.50.860.860.840.670.890.780.850.6
0.830.720.80.830.91-0.840.750.50.830.740.610.830.710.740.790.890.490.820.80.830.640.890.750.820.48
0.910.920.980.90.79-0.690.980.780.620.990.280.80.990.780.940.810.580.650.980.820.960.780.750.890.4
1.00.840.951.00.8-0.930.940.610.880.920.60.980.920.730.890.870.540.90.940.990.810.850.820.890.57
0.550.090.510.560.43-0.60.440.190.590.50.250.550.440.210.510.490.230.590.520.550.170.60.480.40.57
Click cells to compare fundamentals

Imeik Technology Account Relationship Matchups

Imeik Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets743.6M4.6B5.3B6.3B6.9B7.2B
Other Current Liab59.8M85.2M318.5K178.8M187.3M196.7M
Total Current Liabilities67.2M89.8M178.6M224.2M297.7M312.6M
Total Stockholder Equity658.9M4.5B5.0B5.8B6.3B6.7B
Property Plant And Equipment Net150.6M142.9M190.4M258.1M300.4M156.8M
Net Debt(505.6M)(3.4B)(3.2B)(3.1B)(2.4B)(2.3B)
Retained Earnings384.2M808.9M1.3B2.1B3.0B3.1B
Accounts Payable7.4M4.6M8.5M19.3M44.7M46.9M
Cash505.6M3.5B3.3B3.1B2.4B1.5B
Non Current Assets Total178.9M256.8M1.5B2.1B2.6B2.7B
Non Currrent Assets Other15.7M884.5M414.4M792.2M63.4M60.3M
Cash And Short Term Investments505.6M4.3B3.6B3.8B3.9B4.1B
Net Receivables21.6M39.4M96.7M153.2M230.8M242.4M
Liabilities And Stockholders Equity743.6M4.6B5.3B6.3B6.9B7.2B
Non Current Liabilities Total13.7M11.7M56.6M88.6M66.3M69.6M
Inventory23.3M26.8M34.9M46.7M49.8M26.4M
Other Current Assets14.2M12.2M37.6M90.5M33.5M29.9M
Other Stockholder Equity139.7M3.5B3.4B3.4B3.0B1.5B
Total Liab80.9M101.4M235.2M312.8M363.9M382.1M
Total Current Assets564.7M4.4B3.8B4.1B4.3B4.5B
Intangible Assets10.7M10.4M12.0M116.6M114.9M120.7M
Other Liab13.7M11.7M23.5M40.2M46.2M48.6M
Net Tangible Assets648.3M4.5B5.0B5.5B6.3B6.6B
Property Plant Equipment150.6M142.9M190.4M258.1M296.8M172.2M
Deferred Long Term Liab22.6K8.2M9.6M39.0M44.9M47.1M
Net Invested Capital658.9M4.5B5.0B5.8B6.3B3.6B
Net Working Capital497.5M4.3B3.6B3.9B4.0B2.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.