Imeik Other Current Assets vs Intangible Assets 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 Other Current Assets 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.

Other Current Assets vs Intangible Assets

Other Current Assets 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 Other Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Imeik Technology's Other Current Assets and Intangible Assets is 0.62. Overlapping area represents the amount of variation of Other Current Assets 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 Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., Imeik Technology's Other Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 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

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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.