Intellicheck Accounts Payable vs Intangible Assets Analysis
IDN Stock | USD 2.83 0.05 1.80% |
Intellicheck Mobilisa financial indicator trend analysis is infinitely more than just investigating Intellicheck Mobilisa recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intellicheck Mobilisa is a good investment. Please check the relationship between Intellicheck Mobilisa Accounts Payable and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellicheck Mobilisa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Intellicheck Stock, please use our How to Invest in Intellicheck Mobilisa guide.
Accounts Payable vs Intangible Assets
Accounts Payable vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intellicheck Mobilisa Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Intellicheck Mobilisa's Accounts Payable and Intangible Assets is -0.12. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Intellicheck Mobilisa, assuming nothing else is changed. The correlation between historical values of Intellicheck Mobilisa's Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Intellicheck Mobilisa are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Intellicheck Mobilisa's Accounts Payable and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Intellicheck Mobilisa obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Intellicheck Mobilisa are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Intellicheck Mobilisa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intellicheck Mobilisa 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 Intellicheck Mobilisa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Intellicheck Stock, please use our How to Invest in Intellicheck Mobilisa guide.At this time, Intellicheck Mobilisa's Selling General Administrative is very stable compared to the past year. As of the 29th of December 2024, Enterprise Value is likely to grow to about 60.6 M, while Tax Provision is likely to drop about 98.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.9M | 14.7M | 17.5M | 18.4M | Total Revenue | 16.4M | 16.0M | 18.9M | 19.9M |
Intellicheck Mobilisa fundamental ratios Correlations
Click cells to compare fundamentals
Intellicheck Mobilisa Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intellicheck Mobilisa fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.0M | 24.3M | 25.7M | 22.5M | 23.8M | 16.5M | |
Other Current Liab | 1.4M | 2.0M | 4.5M | 3.4M | 3.4M | 3.6M | |
Total Current Liabilities | 2.2M | 2.1M | 4.5M | 3.9M | 6.5M | 6.9M | |
Total Stockholder Equity | 11.7M | 22.2M | 21.2M | 18.5M | 17.3M | 13.5M | |
Property Plant And Equipment Net | 333.4K | 170.0K | 737K | 749K | 666K | 384.2K | |
Net Debt | (3.2M) | (13.1M) | (13.7M) | (5.2M) | (4.0M) | (4.2M) | |
Retained Earnings | (116.9M) | (116.4M) | (120.5M) | (130.7M) | (133.6M) | (126.9M) | |
Accounts Payable | 95.4K | 46K | 368K | 358K | 884K | 928.2K | |
Cash | 3.4M | 13.1M | 13.7M | 5.2M | 4.0M | 4.1M | |
Non Current Assets Total | 8.6M | 8.8M | 9.2M | 9.1M | 9.4M | 9.0M | |
Cash And Short Term Investments | 3.4M | 13.1M | 13.7M | 10.1M | 9.0M | 5.4M | |
Common Stock Shares Outstanding | 15.8M | 17.3M | 18.6M | 18.8M | 19.2M | 20.2M | |
Liabilities And Stockholders Equity | 14.0M | 24.3M | 25.7M | 22.5M | 23.8M | 16.5M | |
Non Current Liabilities Total | 36.3K | 45.9K | 8.7K | 8K | 1K | 0.0 | |
Other Stockholder Equity | 128.7M | 141.6M | 146.5M | 149.2M | 150.8M | 92.5M | |
Total Liab | 2.2M | 2.1M | 4.5M | 3.9M | 6.5M | 6.9M | |
Property Plant And Equipment Gross | 333.4K | 170.0K | 737K | 2.5M | 2.6M | 2.8M | |
Total Current Assets | 5.4M | 15.6M | 16.5M | 13.3M | 14.4M | 7.4M | |
Intangible Assets | 174.2K | 482.6K | 378K | 273K | 575K | 546.3K | |
Inventory | 85.3K | 82.3K | 6.1K | 1.0 | 0.9 | 0.86 | |
Other Current Assets | 348.2K | 341K | 643K | 608K | 692K | 350.4K | |
Other Assets | 38.8K | 7.8K | 4.3K | 8K | 7.2K | 6.8K | |
Net Receivables | 1.7M | 2.1M | 2.2M | 2.6M | 4.7M | 4.9M | |
Common Stock Total Equity | 15.6K | 16.0K | 18.4K | 19K | 21.9K | 17.7K | |
Common Stock | 15.6K | 16.0K | 18.4K | 19K | 21.9K | 17.9K | |
Property Plant Equipment | 181.7K | 170.0K | 737K | 749K | 861.4K | 904.4K | |
Other Liab | 13.3K | 8.7K | 8K | 1K | 900.0 | 855.0 | |
Current Deferred Revenue | 572.4K | 402.8K | 1.3M | 906K | 2.2M | 1.1M | |
Non Currrent Assets Other | 38.8K | 7.8K | 4.3K | 8K | 90K | 93.8K | |
Net Tangible Assets | 3.5M | 13.6M | 12.7M | 10.1M | 11.6M | 7.5M | |
Retained Earnings Total Equity | (114.4M) | (116.9M) | (116.4M) | (130.7M) | (117.7M) | (123.6M) | |
Capital Surpluse | 127.3M | 128.7M | 138.6M | 149.2M | 171.6M | 131.1M | |
Non Current Liabilities Other | 29.5K | 45.9K | 8.7K | 1K | 900.0 | 855.0 |
Pair Trading with Intellicheck Mobilisa
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intellicheck Mobilisa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intellicheck Mobilisa will appreciate offsetting losses from the drop in the long position's value.Moving together with Intellicheck Stock
Moving against Intellicheck Stock
0.81 | VRME | VerifyMe | PairCorr |
0.7 | VISL | Vislink Technologies | PairCorr |
0.69 | DM | Desktop Metal | PairCorr |
0.63 | VSAT | ViaSat Inc | PairCorr |
The ability to find closely correlated positions to Intellicheck Mobilisa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intellicheck Mobilisa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intellicheck Mobilisa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intellicheck Mobilisa to buy it.
The correlation of Intellicheck Mobilisa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intellicheck Mobilisa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intellicheck Mobilisa moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intellicheck Mobilisa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellicheck Mobilisa. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Intellicheck Stock, please use our How to Invest in Intellicheck Mobilisa guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Electronic Equipment, Instruments & Components 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 Intellicheck Mobilisa. If investors know Intellicheck 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 Intellicheck Mobilisa listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.622 | Earnings Share (0.02) | Revenue Per Share 0.997 | Quarterly Revenue Growth (0.01) | Return On Assets (0.01) |
The market value of Intellicheck Mobilisa is measured differently than its book value, which is the value of Intellicheck that is recorded on the company's balance sheet. Investors also form their own opinion of Intellicheck Mobilisa's value that differs from its market value or its book value, called intrinsic value, which is Intellicheck Mobilisa's 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 Intellicheck Mobilisa's market value can be influenced by many factors that don't directly affect Intellicheck Mobilisa's 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 Intellicheck Mobilisa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intellicheck Mobilisa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intellicheck Mobilisa's 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.