| IDN Stock | | | USD 2.80 0.02 0.72% |
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 Change In Working Capital and its Depreciation 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Intellicheck Mobilisa Change In Working Capital account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Intellicheck Mobilisa's Change In Working Capital and Depreciation is -0.02. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Depreciation 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 Change In Working Capital 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 Change In Working Capital of Intellicheck Mobilisa 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 Change In Working Capital i.e., Intellicheck Mobilisa's Change In Working Capital and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.02 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Depreciation indicates how much of Intellicheck Mobilisa value has been used up. For tax purposes Intellicheck Mobilisa can deduct the cost of the tangible assets it purchases as business expenses. However, Intellicheck Mobilisa 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 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 1st of January 2025,
Enterprise Value is likely to grow to about 60.6
M, while
Tax Provision is likely to drop about 98.3
K.