Indiana Non Current Liabilities Total vs Current Deferred Revenue Analysis

IDA Stock   0.06  0  4.69%   
Indiana Resources financial indicator trend analysis is infinitely more than just investigating Indiana Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indiana Resources is a good investment. Please check the relationship between Indiana Resources Non Current Liabilities Total and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indiana Resources. 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.

Non Current Liabilities Total vs Current Deferred Revenue

Non Current Liabilities Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indiana Resources Non Current Liabilities Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Indiana Resources' Non Current Liabilities Total and Current Deferred Revenue is 0.43. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Indiana Resources, assuming nothing else is changed. The correlation between historical values of Indiana Resources' Non Current Liabilities Total and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Indiana Resources are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Non Current Liabilities Total i.e., Indiana Resources' Non Current Liabilities Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Indiana Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indiana Resources 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 Indiana Resources. 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 drop to about 3.4 M in 2024. Discontinued Operations is likely to drop to about (7.2 M) in 2024
 2023 2024 (projected)
Research Development93.4K83.0K
Minority Interest1.1M1.8M

Indiana Resources fundamental ratios Correlations

0.930.810.970.960.960.1-0.550.930.980.00.930.780.74-0.40.850.980.970.980.930.730.210.80.970.950.78
0.930.590.890.820.810.41-0.30.810.850.130.810.940.52-0.310.980.960.820.980.830.50.190.610.980.90.86
0.810.590.890.810.84-0.47-0.540.940.840.120.940.30.67-0.330.410.790.850.740.920.660.210.970.730.860.4
0.970.890.890.890.91-0.05-0.440.980.930.130.980.690.64-0.350.780.980.920.970.990.620.220.90.960.990.67
0.960.820.810.890.990.02-0.720.860.99-0.140.860.680.88-0.440.740.890.990.880.860.860.190.740.870.860.75
0.960.810.840.910.99-0.04-0.70.890.99-0.160.890.650.87-0.460.710.891.00.880.880.850.190.790.870.880.7
0.10.41-0.47-0.050.02-0.040.2-0.210.00.01-0.210.68-0.11-0.050.590.14-0.050.2-0.16-0.12-0.03-0.470.21-0.020.57
-0.55-0.3-0.54-0.44-0.72-0.70.2-0.44-0.680.35-0.44-0.21-0.950.24-0.24-0.4-0.71-0.38-0.4-0.97-0.27-0.4-0.37-0.37-0.43
0.930.810.940.980.860.89-0.21-0.440.910.141.00.560.62-0.290.670.940.90.911.00.610.220.960.910.980.55
0.980.850.840.930.990.990.0-0.680.91-0.110.910.690.85-0.440.760.931.00.910.90.830.210.790.910.90.73
0.00.130.120.13-0.14-0.160.010.350.14-0.110.140.08-0.360.550.110.13-0.130.130.14-0.29-0.10.150.120.210.15
0.930.810.940.980.860.89-0.21-0.441.00.910.140.560.62-0.290.670.940.90.911.00.610.220.960.910.980.55
0.780.940.30.690.680.650.68-0.210.560.690.080.560.41-0.260.990.810.650.850.60.40.150.310.850.70.91
0.740.520.670.640.880.87-0.11-0.950.620.85-0.360.620.41-0.450.450.610.870.590.590.990.230.540.580.570.59
-0.4-0.31-0.33-0.35-0.44-0.46-0.050.24-0.29-0.440.55-0.29-0.26-0.45-0.27-0.34-0.43-0.32-0.33-0.31-0.19-0.25-0.33-0.31-0.33
0.850.980.410.780.740.710.59-0.240.670.760.110.670.990.45-0.270.880.720.910.70.430.170.430.910.790.9
0.980.960.790.980.890.890.14-0.40.940.930.130.940.810.61-0.340.880.91.00.950.590.220.81.00.980.77
0.970.820.850.920.991.0-0.05-0.710.91.0-0.130.90.650.87-0.430.720.90.890.890.860.20.80.880.890.71
0.980.980.740.970.880.880.2-0.380.910.910.130.910.850.59-0.320.911.00.890.930.580.210.761.00.970.8
0.930.830.920.990.860.88-0.16-0.41.00.90.141.00.60.59-0.330.70.950.890.930.580.20.950.930.990.57
0.730.50.660.620.860.85-0.12-0.970.610.83-0.290.610.40.99-0.310.430.590.860.580.580.20.540.560.560.57
0.210.190.210.220.190.19-0.03-0.270.220.21-0.10.220.150.23-0.190.170.220.20.210.20.20.190.220.180.23
0.80.610.970.90.740.79-0.47-0.40.960.790.150.960.310.54-0.250.430.80.80.760.950.540.190.760.890.32
0.970.980.730.960.870.870.21-0.370.910.910.120.910.850.58-0.330.911.00.881.00.930.560.220.760.970.79
0.950.90.860.990.860.88-0.02-0.370.980.90.210.980.70.57-0.310.790.980.890.970.990.560.180.890.970.68
0.780.860.40.670.750.70.57-0.430.550.730.150.550.910.59-0.330.90.770.710.80.570.570.230.320.790.68
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Indiana Resources Account Relationship Matchups

Indiana Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets652K3.1M6.6M6.9M8.2M7.8M
Other Current Liab124K26K256K189K403K382.9K
Total Current Liabilities1.3M937K670K939K900K855K
Total Stockholder Equity(625K)2.1M5.4M5.7M6.9M6.5M
Property Plant And Equipment Net27K70K207K105K6.4M8.9M
Net Debt(504K)(1.2M)(2.2M)(1.1M)(1.4M)(1.4M)
Retained Earnings(22.8M)(24.5M)(26.6M)(27.0M)(30.7M)(32.3M)
Cash504K1.3M2.4M1.2M1.4M1.3M
Non Current Assets Total27K1.7M3.8M5.4M6.4M6.1M
Non Currrent Assets Other(27K)1.7M3.6M5.3M4.8M5.0M
Cash And Short Term Investments504K1.3M2.4M1.2M1.4M1.3M
Net Receivables102K83K152K241K324K307.8K
Common Stock Shares Outstanding174.2M257.0M425.7M494.0M589.9M619.4M
Liabilities And Stockholders Equity652K3.1M6.6M6.9M8.2M7.8M
Non Current Liabilities Total52K52.0K119K38K22K20.9K
Total Liab1.3M989K789K977K922K875.9K
Property Plant And Equipment Gross27K3.2M4.2M5.5M6.6M9.3M
Total Current Assets495K625K1.4M1.5M1.8M1.7M
Accumulated Other Comprehensive Income6.4M7.0M7.2M5.5M5.2M4.8M
Common Stock15.8M19.6M24.8M27.2M32.4M43.9M
Other Stockholder Equity6.4M7.0M7.2M(1.0)1.01.05
Accounts Payable1.2M901K227K692K487K462.7K
Property Plant Equipment27K1.7M3.8M5.4M6.2M5.9M
Net Tangible Assets(625K)2.1M5.4M5.7M5.1M6.9M
Net Invested Capital(625K)2.1M5.4M5.7M6.9M5.0M
Net Working Capital(652K)451K2.1M543K852K558.3K
Capital Stock15.8M19.6M24.8M27.2M32.4M24.4M

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