Imeik Retained Earnings vs Short Term Investments Analysis

300896 Stock   174.89  2.40  1.39%   
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 Retained Earnings and its Short Term Investments 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.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imeik Technology Dev Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Imeik Technology's Retained Earnings and Short Term Investments is 0.86. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments 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 Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Imeik Technology Development are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Imeik Technology's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of Imeik Technology balance sheet. It contains any investments Imeik Technology Development undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Imeik Technology Dev can easily liquidate in the marketplace.
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.