IMAC Depreciation vs Investments Analysis

BACK Stock  USD 1.30  0.04  3.17%   
IMAC Holdings financial indicator trend analysis is infinitely more than just investigating IMAC Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IMAC Holdings is a good investment. Please check the relationship between IMAC Holdings Depreciation and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IMAC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.

Depreciation vs Investments

Depreciation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMAC Holdings Depreciation account and Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IMAC Holdings' Depreciation and Investments is 0.45. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of IMAC Holdings, assuming nothing else is changed. The correlation between historical values of IMAC Holdings' Depreciation and 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 Depreciation of IMAC Holdings are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., IMAC Holdings' Depreciation and Investments go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of IMAC Holdings value has been used up. For tax purposes IMAC Holdings can deduct the cost of the tangible assets it purchases as business expenses. However, IMAC Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from IMAC Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IMAC Holdings 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 IMAC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.Issuance Of Capital Stock is expected to rise to about 6.1 M this year, although the value of Selling General Administrative will most likely fall to 5,952.
 2021 2022 2023 2024 (projected)
Gross Profit12.8M14.7M3.8M3.7M
Total Revenue14.4M16.2M5.2M9.8M

IMAC Holdings fundamental ratios Correlations

0.780.170.640.910.58-0.170.930.70.70.430.180.910.220.480.840.820.640.970.540.990.730.690.64-0.420.44
0.780.360.730.580.75-0.50.870.280.280.420.490.780.170.610.850.460.280.810.750.830.470.430.86-0.610.66
0.170.360.73-0.190.43-0.360.16-0.2-0.20.330.360.010.550.280.54-0.050.320.270.720.220.19-0.370.65-0.280.26
0.640.730.730.260.74-0.130.670.140.140.10.140.50.130.220.930.220.240.640.870.720.620.310.95-0.190.22
0.910.58-0.190.260.29-0.150.80.830.830.440.160.850.170.480.540.930.660.850.220.840.550.690.28-0.420.44
0.580.750.430.740.29-0.010.65-0.15-0.150.32-0.040.740.250.140.840.080.190.670.450.690.780.510.78-0.070.13
-0.17-0.5-0.36-0.13-0.15-0.01-0.25-0.1-0.1-0.57-0.99-0.08-0.46-0.9-0.13-0.26-0.27-0.26-0.51-0.140.40.45-0.270.96-0.95
0.930.870.160.670.80.65-0.250.520.520.30.250.880.070.480.850.630.390.920.570.960.670.680.69-0.450.51
0.70.28-0.20.140.83-0.15-0.10.521.00.190.160.470.00.370.30.930.580.560.260.580.250.440.12-0.360.32
0.70.28-0.20.140.83-0.15-0.10.521.00.190.160.470.00.370.30.930.580.560.260.580.250.440.12-0.360.32
0.430.420.330.10.440.32-0.570.30.190.190.530.490.890.660.280.510.780.570.170.370.18-0.090.18-0.640.64
0.180.490.360.140.16-0.04-0.990.250.160.160.530.050.420.890.130.290.270.250.540.14-0.42-0.460.27-0.960.95
0.910.780.010.50.850.74-0.080.880.470.470.490.050.230.380.780.670.520.930.310.930.790.790.56-0.30.35
0.220.170.550.130.170.25-0.460.070.00.00.890.420.230.530.190.310.790.390.140.170.14-0.330.1-0.460.44
0.480.610.280.220.480.14-0.90.480.370.370.660.890.380.530.320.570.530.540.50.42-0.12-0.170.31-0.960.95
0.840.850.540.930.540.84-0.130.850.30.30.280.130.780.190.320.440.390.850.760.90.780.550.92-0.270.3
0.820.46-0.050.220.930.08-0.260.630.930.930.510.290.670.310.570.440.790.760.30.720.370.430.22-0.520.5
0.640.280.320.240.660.19-0.270.390.580.580.780.270.520.790.530.390.790.690.220.540.410.110.16-0.440.41
0.970.810.270.640.850.67-0.260.920.560.560.570.250.930.390.540.850.760.690.510.970.750.610.64-0.470.51
0.540.750.720.870.220.45-0.510.570.260.260.170.540.310.140.50.760.30.220.510.570.210.010.89-0.540.53
0.990.830.220.720.840.69-0.140.960.580.580.370.140.930.170.420.90.720.540.970.570.790.720.72-0.360.4
0.730.470.190.620.550.780.40.670.250.250.18-0.420.790.14-0.120.780.370.410.750.210.790.790.530.23-0.17
0.690.43-0.370.310.690.510.450.680.440.44-0.09-0.460.79-0.33-0.170.550.430.110.610.010.720.790.320.23-0.17
0.640.860.650.950.280.78-0.270.690.120.120.180.270.560.10.310.920.220.160.640.890.720.530.32-0.330.34
-0.42-0.61-0.28-0.19-0.42-0.070.96-0.45-0.36-0.36-0.64-0.96-0.3-0.46-0.96-0.27-0.52-0.44-0.47-0.54-0.360.230.23-0.33-0.99
0.440.660.260.220.440.13-0.950.510.320.320.640.950.350.440.950.30.50.410.510.530.4-0.17-0.170.34-0.99
Click cells to compare fundamentals

IMAC Holdings Account Relationship Matchups

IMAC Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.4M19.7M27.2M11.1M1.1M1.1M
Short Long Term Debt Total8.4M9.1M5.9M4.2M4.8M5.4M
Other Current Liab421.0K339.4K337.9K5.6M1.3M2.1M
Total Current Liabilities6.1M6.0M4.9M3.7M1.9M1.8M
Total Stockholder Equity10.0M10.4M18.0M4.7M(752.6K)(715.0K)
Net Debt8.0M6.5M(1.2M)3.4M(221.5K)(210.4K)
Retained Earnings(10.0M)(15.0M)(28.2M)(46.5M)(55.9M)(53.1M)
Accounts Payable2.9M1.7M2.5M568.6K584.1K554.9K
Cash373.7K2.6M7.1M763.2K221.5K210.4K
Cash And Short Term Investments373.7K2.6M7.1M763.2K221.5K210.4K
Net Receivables1.3M1.5M1.2M2.9M731.1K1.3M
Common Stock Shares Outstanding258.5K368.3K751.7K942.5K1.1M1.2M
Liabilities And Stockholders Equity20.4M19.7M27.2M11.1M1.1M1.1M
Non Current Liabilities Total1.2M6.4M6.0M4.3M2.7M0.0
Other Current Assets633.3K619.7K739.2K10.1M191.5K182.0K
Other Stockholder Equity20.1M25.5M46.1M51.2M55.2M27.7M
Total Liab12.5M11.9M9.3M6.4M1.9M1.8M
Total Current Assets2.6M4.8M9.1M4.2M1.1M1.1M
Common Stock8.9K12.8K26.2K32.9K1.1K1.1K
Property Plant And Equipment Net7.4M5.6M7.3M5.2M762K723.9K
Current Deferred Revenue189.7K295.1K320.9K241.7K277.9K299.3K
Non Current Assets Total17.8M15.0M18.2M6.9M762K723.9K
Non Currrent Assets Other1.2M743.3K430.9K300.4K(762K)(723.9K)
Other Assets1.2M987.1K674.6K(762K)(685.8K)(651.5K)
Short Term Debt2.5M3.6M1.8M1.4M1.3M1.9M
Long Term Debt2.1M2.0M104.7K53.0K47.7K45.3K
Capital Lease Obligations4.8M4.7M5.5M4.1M4.7M4.3M
Net Invested Capital13.6M14.9M18.3M4.8M(752.7K)(715.0K)
Short Long Term Debt1.5M2.5M254.5K51.7K46.5K44.2K
Capital Stock8.9K12.8K26.2K32.9K1.2K1.1K
Net Working Capital(3.5M)(1.2M)4.1M494.1K(752.6K)(790.3K)
Intangible Assets7.2M6.6M5.8M1.4M1.2M1.2M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether IMAC Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IMAC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Imac Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Imac Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IMAC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IMAC Holdings. If investors know IMAC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.81)
Revenue Per Share
7.719
Quarterly Revenue Growth
(0.59)
Return On Assets
(0.38)
Return On Equity
(3.32)
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.