Identillect Total Current Assets vs Non Current Assets Total Analysis

ID Stock  CAD 0.01  0.00  0.00%   
Identillect Technologies financial indicator trend analysis is infinitely more than just investigating Identillect Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Identillect Technologies is a good investment. Please check the relationship between Identillect Technologies Total Current Assets and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identillect Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Identillect Technologies Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Identillect Technologies' Total Current Assets and Non Current Assets Total is -0.12. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Identillect Technologies Corp, assuming nothing else is changed. The correlation between historical values of Identillect Technologies' Total Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Identillect Technologies Corp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., Identillect Technologies' Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Identillect Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Identillect Technologies 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identillect Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to climb to about 949.7 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2010 2023 2024 (projected)
Non Recurring151.7K136.5K121.4K
Other Operating Expenses23.7K4.5K4.2K

Identillect Technologies fundamental ratios Correlations

-0.820.930.950.72-0.770.940.11-0.64-0.830.80.73-0.59-0.72-0.73-0.82-0.010.35-0.07-0.690.350.48-0.480.750.74-0.4
-0.82-0.96-0.89-0.880.89-0.630.210.850.99-0.42-0.880.850.90.950.90.07-0.220.180.76-0.22-0.770.41-0.84-0.860.69
0.93-0.960.960.85-0.90.79-0.12-0.79-0.970.590.86-0.76-0.85-0.88-0.89-0.050.29-0.14-0.740.290.65-0.430.810.82-0.58
0.95-0.890.960.84-0.890.830.02-0.79-0.890.680.78-0.72-0.85-0.79-0.860.00.36-0.08-0.830.360.63-0.620.840.83-0.47
0.72-0.880.850.84-0.830.47-0.4-0.94-0.870.240.89-0.95-0.95-0.78-0.890.020.45-0.07-0.820.450.92-0.610.880.86-0.42
-0.770.89-0.9-0.89-0.83-0.610.140.870.91-0.43-0.740.780.870.780.79-0.01-0.290.060.81-0.29-0.660.6-0.8-0.80.58
0.94-0.630.790.830.47-0.610.34-0.4-0.640.940.48-0.32-0.47-0.55-0.59-0.080.28-0.11-0.530.280.21-0.350.590.58-0.33
0.110.21-0.120.02-0.40.140.340.430.250.64-0.530.470.260.110.27-0.15-0.08-0.07-0.1-0.08-0.4-0.020.040.04-0.12
-0.640.85-0.79-0.79-0.940.87-0.40.430.84-0.16-0.830.970.960.720.86-0.03-0.250.060.73-0.25-0.90.65-0.81-0.790.43
-0.830.99-0.97-0.89-0.870.91-0.640.250.84-0.42-0.890.820.870.920.880.08-0.210.180.72-0.21-0.710.37-0.79-0.810.66
0.8-0.420.590.680.24-0.430.940.64-0.16-0.420.19-0.08-0.28-0.4-0.38-0.120.23-0.12-0.470.230.02-0.30.490.49-0.3
0.73-0.880.860.780.89-0.740.48-0.53-0.83-0.890.19-0.86-0.84-0.75-0.930.030.28-0.09-0.570.280.75-0.40.650.64-0.32
-0.590.85-0.76-0.72-0.950.78-0.320.470.970.82-0.08-0.860.960.740.880.01-0.240.110.71-0.24-0.970.57-0.82-0.810.43
-0.720.9-0.85-0.85-0.950.87-0.470.260.960.87-0.28-0.840.960.80.92-0.01-0.280.080.83-0.28-0.920.68-0.9-0.880.49
-0.730.95-0.88-0.79-0.780.78-0.550.110.720.92-0.4-0.750.740.80.80.11-0.20.20.71-0.2-0.710.25-0.82-0.860.84
-0.820.9-0.89-0.86-0.890.79-0.590.270.860.88-0.38-0.930.880.920.80.01-0.260.110.68-0.26-0.790.56-0.79-0.770.4
-0.010.07-0.050.00.02-0.01-0.08-0.15-0.030.08-0.120.030.01-0.010.110.010.170.990.110.17-0.05-0.27-0.1-0.130.23
0.35-0.220.290.360.45-0.290.28-0.08-0.25-0.210.230.28-0.24-0.28-0.2-0.260.170.21-0.551.00.27-0.480.420.380.02
-0.070.18-0.14-0.08-0.070.06-0.11-0.070.060.18-0.12-0.090.110.080.20.110.990.210.140.21-0.14-0.27-0.15-0.180.28
-0.690.76-0.74-0.83-0.820.81-0.53-0.10.730.72-0.47-0.570.710.830.710.680.11-0.550.14-0.55-0.730.71-0.92-0.910.52
0.35-0.220.290.360.45-0.290.28-0.08-0.25-0.210.230.28-0.24-0.28-0.2-0.260.171.00.21-0.550.27-0.480.420.380.02
0.48-0.770.650.630.92-0.660.21-0.4-0.9-0.710.020.75-0.97-0.92-0.71-0.79-0.050.27-0.14-0.730.27-0.540.850.83-0.44
-0.480.41-0.43-0.62-0.610.6-0.35-0.020.650.37-0.3-0.40.570.680.250.56-0.27-0.48-0.270.71-0.48-0.54-0.6-0.53-0.01
0.75-0.840.810.840.88-0.80.590.04-0.81-0.790.490.65-0.82-0.9-0.82-0.79-0.10.42-0.15-0.920.420.85-0.60.99-0.6
0.74-0.860.820.830.86-0.80.580.04-0.79-0.810.490.64-0.81-0.88-0.86-0.77-0.130.38-0.18-0.910.380.83-0.530.99-0.68
-0.40.69-0.58-0.47-0.420.58-0.33-0.120.430.66-0.3-0.320.430.490.840.40.230.020.280.520.02-0.44-0.01-0.6-0.68
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Identillect Technologies Account Relationship Matchups

Identillect Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets194.7K110.7K130.3K195.7K107.7K102.3K
Total Current Liabilities1.6M1.7M2.1M1.1M1.4M1.2M
Total Stockholder Equity(1.5M)(1.6M)(1.9M)(921.6K)(1.3M)(1.3M)
Net Tangible Assets(725.0K)(1.5M)(1.6M)(1.9M)(1.7M)(1.7M)
Retained Earnings(11.0M)(11.5M)(12.2M)(12.6M)(13.0M)(13.6M)
Accounts Payable315.3K415.9K435.4K309.1K451.1K268.3K
Cash6.1K24.9K41.6K101.0K9.9K9.4K
Net Receivables197.7K58.1K9.1K81.1K93.3K123.9K
Other Stockholder Equity1.3M1.3M1.3M1.7M2.0M1.0M
Total Liab1.7M1.7M2.1M1.1M1.4M1.3M
Total Current Assets70.9K109.0K122.8K188.2K107.2K101.8K
Other Current Liab194.8K237.7K281.2K282.6K325.0K190.5K
Short Long Term Debt761.1K745.9K1.1M450.8K584.7K640.1K
Property Plant Equipment8.5K123.8K1.7K7.4K8.5K8.1K
Non Current Assets Total123.8K1.7K7.4K7.5K518.0492.1
Net Invested Capital(719.1K)(878.3K)(856.7K)(470.8K)(736.3K)(699.5K)
Net Working Capital(1.5M)(1.6M)(1.9M)(929.1K)(1.3M)(1.4M)
Net Debt754.9K721.0K1.0M349.9K574.7K521.0K

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