IMAC Investments vs Depreciation 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 Investments and its Depreciation 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.
Investments vs Depreciation
Investments vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMAC Holdings Investments account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IMAC Holdings' Investments and Depreciation is 0.45. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Depreciation 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' Investments and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of IMAC Holdings are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Investments i.e., IMAC Holdings' Investments and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.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.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 Profit | 12.8M | 14.7M | 3.8M | 3.7M | Total Revenue | 14.4M | 16.2M | 5.2M | 9.8M |
IMAC Holdings fundamental ratios Correlations
Click cells to compare fundamentals
IMAC Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IMAC Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.4M | 19.7M | 27.2M | 11.1M | 1.1M | 1.1M | |
Short Long Term Debt Total | 8.4M | 9.1M | 5.9M | 4.2M | 4.8M | 5.4M | |
Other Current Liab | 421.0K | 339.4K | 337.9K | 5.6M | 1.3M | 2.1M | |
Total Current Liabilities | 6.1M | 6.0M | 4.9M | 3.7M | 1.9M | 1.8M | |
Total Stockholder Equity | 10.0M | 10.4M | 18.0M | 4.7M | (752.6K) | (715.0K) | |
Net Debt | 8.0M | 6.5M | (1.2M) | 3.4M | (221.5K) | (210.4K) | |
Retained Earnings | (10.0M) | (15.0M) | (28.2M) | (46.5M) | (55.9M) | (53.1M) | |
Accounts Payable | 2.9M | 1.7M | 2.5M | 568.6K | 584.1K | 554.9K | |
Cash | 373.7K | 2.6M | 7.1M | 763.2K | 221.5K | 210.4K | |
Cash And Short Term Investments | 373.7K | 2.6M | 7.1M | 763.2K | 221.5K | 210.4K | |
Net Receivables | 1.3M | 1.5M | 1.2M | 2.9M | 731.1K | 1.3M | |
Common Stock Shares Outstanding | 258.5K | 368.3K | 751.7K | 942.5K | 1.1M | 1.2M | |
Liabilities And Stockholders Equity | 20.4M | 19.7M | 27.2M | 11.1M | 1.1M | 1.1M | |
Non Current Liabilities Total | 1.2M | 6.4M | 6.0M | 4.3M | 2.7M | 0.0 | |
Other Current Assets | 633.3K | 619.7K | 739.2K | 10.1M | 191.5K | 182.0K | |
Other Stockholder Equity | 20.1M | 25.5M | 46.1M | 51.2M | 55.2M | 27.7M | |
Total Liab | 12.5M | 11.9M | 9.3M | 6.4M | 1.9M | 1.8M | |
Total Current Assets | 2.6M | 4.8M | 9.1M | 4.2M | 1.1M | 1.1M | |
Common Stock | 8.9K | 12.8K | 26.2K | 32.9K | 1.1K | 1.1K | |
Property Plant And Equipment Net | 7.4M | 5.6M | 7.3M | 5.2M | 762K | 723.9K | |
Current Deferred Revenue | 189.7K | 295.1K | 320.9K | 241.7K | 277.9K | 299.3K | |
Non Current Assets Total | 17.8M | 15.0M | 18.2M | 6.9M | 762K | 723.9K | |
Non Currrent Assets Other | 1.2M | 743.3K | 430.9K | 300.4K | (762K) | (723.9K) | |
Other Assets | 1.2M | 987.1K | 674.6K | (762K) | (685.8K) | (651.5K) | |
Short Term Debt | 2.5M | 3.6M | 1.8M | 1.4M | 1.3M | 1.9M | |
Long Term Debt | 2.1M | 2.0M | 104.7K | 53.0K | 47.7K | 45.3K | |
Capital Lease Obligations | 4.8M | 4.7M | 5.5M | 4.1M | 4.7M | 4.3M | |
Net Invested Capital | 13.6M | 14.9M | 18.3M | 4.8M | (752.7K) | (715.0K) | |
Short Long Term Debt | 1.5M | 2.5M | 254.5K | 51.7K | 46.5K | 44.2K | |
Capital Stock | 8.9K | 12.8K | 26.2K | 32.9K | 1.2K | 1.1K | |
Net Working Capital | (3.5M) | (1.2M) | 4.1M | 494.1K | (752.6K) | (790.3K) | |
Intangible Assets | 7.2M | 6.6M | 5.8M | 1.4M | 1.2M | 1.2M |
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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.