Intellicheck Total Assets vs Total Current Liabilities 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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intellicheck Mobilisa Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Intellicheck Mobilisa's Total Assets and Total Current Liabilities is 0.45. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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 Total Assets and Total Current Liabilities 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 Assets of Intellicheck Mobilisa are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Intellicheck Mobilisa's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Intellicheck Mobilisa assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Intellicheck Mobilisa books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Intellicheck Mobilisa balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Intellicheck Mobilisa are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Profit12.9M14.7M17.5M18.4M
Total Revenue16.4M16.0M18.9M19.9M

Intellicheck Mobilisa fundamental ratios Correlations

-0.350.430.450.980.58-0.55-0.720.240.550.560.640.460.020.820.470.30.720.010.2-0.420.33-0.730.510.570.57
-0.35-0.9-0.73-0.26-0.510.530.34-0.57-0.530.4-0.73-0.670.71-0.24-0.67-0.69-0.760.560.560.45-0.830.44-0.66-0.11-0.11
0.43-0.90.830.320.69-0.54-0.550.620.53-0.310.730.78-0.70.420.780.740.77-0.63-0.57-0.510.89-0.580.680.120.12
0.45-0.730.830.310.66-0.17-0.540.90.17-0.010.420.63-0.430.320.990.90.54-0.36-0.24-0.450.67-0.590.920.310.32
0.98-0.260.320.310.45-0.58-0.70.10.580.60.610.410.080.810.330.170.660.070.24-0.380.2-0.70.40.550.55
0.58-0.510.690.660.45-0.15-0.420.530.150.20.40.38-0.180.450.670.650.52-0.19-0.01-0.270.69-0.510.530.40.4
-0.550.53-0.54-0.17-0.58-0.150.510.1-1.00.22-0.92-0.630.44-0.58-0.120.01-0.840.390.460.42-0.470.43-0.150.070.07
-0.720.34-0.55-0.54-0.7-0.420.51-0.28-0.5-0.2-0.64-0.830.37-0.92-0.52-0.49-0.690.330.270.61-0.460.8-0.56-0.21-0.22
0.24-0.570.620.90.10.530.1-0.28-0.110.030.140.37-0.30.050.90.830.26-0.31-0.12-0.280.49-0.390.810.380.39
0.55-0.530.530.170.580.15-1.0-0.5-0.11-0.230.920.63-0.450.570.12-0.010.84-0.39-0.47-0.420.47-0.430.15-0.07-0.07
0.560.4-0.31-0.010.60.20.22-0.20.03-0.23-0.26-0.310.710.290.08-0.1-0.180.540.870.11-0.46-0.280.090.660.66
0.64-0.730.730.420.610.4-0.92-0.640.140.92-0.260.78-0.580.680.360.330.98-0.51-0.56-0.520.72-0.540.380.00.0
0.46-0.670.780.630.410.38-0.63-0.830.370.63-0.310.78-0.790.70.560.60.81-0.56-0.7-0.670.76-0.690.620.020.03
0.020.71-0.7-0.430.08-0.180.440.37-0.3-0.450.71-0.58-0.79-0.24-0.32-0.46-0.570.660.920.47-0.790.29-0.370.110.11
0.82-0.240.420.320.810.45-0.58-0.920.050.570.290.680.7-0.240.30.260.73-0.22-0.16-0.540.43-0.740.360.270.27
0.47-0.670.780.990.330.67-0.12-0.520.90.120.080.360.56-0.320.30.880.49-0.29-0.13-0.410.6-0.580.920.340.35
0.3-0.690.740.90.170.650.01-0.490.83-0.01-0.10.330.6-0.460.260.880.44-0.4-0.3-0.390.66-0.470.830.210.22
0.72-0.760.770.540.660.52-0.84-0.690.260.84-0.180.980.81-0.570.730.490.44-0.44-0.49-0.580.79-0.630.530.130.13
0.010.56-0.63-0.360.07-0.190.390.33-0.31-0.390.54-0.51-0.560.66-0.22-0.29-0.4-0.440.70.05-0.560.22-0.090.270.27
0.20.56-0.57-0.240.24-0.010.460.27-0.12-0.470.87-0.56-0.70.92-0.16-0.13-0.3-0.490.70.37-0.690.12-0.150.40.4
-0.420.45-0.51-0.45-0.38-0.270.420.61-0.28-0.420.11-0.52-0.670.47-0.54-0.41-0.39-0.580.050.37-0.50.53-0.59-0.05-0.05
0.33-0.830.890.670.20.69-0.47-0.460.490.47-0.460.720.76-0.790.430.60.660.79-0.56-0.69-0.5-0.460.570.060.06
-0.730.44-0.58-0.59-0.7-0.510.430.8-0.39-0.43-0.28-0.54-0.690.29-0.74-0.58-0.47-0.630.220.120.53-0.46-0.65-0.41-0.42
0.51-0.660.680.920.40.53-0.15-0.560.810.150.090.380.62-0.370.360.920.830.53-0.09-0.15-0.590.57-0.650.40.41
0.57-0.110.120.310.550.40.07-0.210.38-0.070.660.00.020.110.270.340.210.130.270.4-0.050.06-0.410.41.0
0.57-0.110.120.320.550.40.07-0.220.39-0.070.660.00.030.110.270.350.220.130.270.4-0.050.06-0.420.411.0
Click cells to compare fundamentals

Intellicheck Mobilisa Account Relationship Matchups

Intellicheck Mobilisa fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0M24.3M25.7M22.5M23.8M16.5M
Other Current Liab1.4M2.0M4.5M3.4M3.4M3.6M
Total Current Liabilities2.2M2.1M4.5M3.9M6.5M6.9M
Total Stockholder Equity11.7M22.2M21.2M18.5M17.3M13.5M
Property Plant And Equipment Net333.4K170.0K737K749K666K384.2K
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 Payable95.4K46K368K358K884K928.2K
Cash3.4M13.1M13.7M5.2M4.0M4.1M
Non Current Assets Total8.6M8.8M9.2M9.1M9.4M9.0M
Cash And Short Term Investments3.4M13.1M13.7M10.1M9.0M5.4M
Common Stock Shares Outstanding15.8M17.3M18.6M18.8M19.2M20.2M
Liabilities And Stockholders Equity14.0M24.3M25.7M22.5M23.8M16.5M
Non Current Liabilities Total36.3K45.9K8.7K8K1K0.0
Other Stockholder Equity128.7M141.6M146.5M149.2M150.8M92.5M
Total Liab2.2M2.1M4.5M3.9M6.5M6.9M
Property Plant And Equipment Gross333.4K170.0K737K2.5M2.6M2.8M
Total Current Assets5.4M15.6M16.5M13.3M14.4M7.4M
Intangible Assets174.2K482.6K378K273K575K546.3K
Inventory85.3K82.3K6.1K1.00.90.86
Other Current Assets348.2K341K643K608K692K350.4K
Other Assets38.8K7.8K4.3K8K7.2K6.8K
Net Receivables1.7M2.1M2.2M2.6M4.7M4.9M
Common Stock Total Equity15.6K16.0K18.4K19K21.9K17.7K
Common Stock15.6K16.0K18.4K19K21.9K17.9K
Property Plant Equipment181.7K170.0K737K749K861.4K904.4K
Other Liab13.3K8.7K8K1K900.0855.0
Current Deferred Revenue572.4K402.8K1.3M906K2.2M1.1M
Non Currrent Assets Other38.8K7.8K4.3K8K90K93.8K
Net Tangible Assets3.5M13.6M12.7M10.1M11.6M7.5M
Retained Earnings Total Equity(114.4M)(116.9M)(116.4M)(130.7M)(117.7M)(123.6M)
Capital Surpluse127.3M128.7M138.6M149.2M171.6M131.1M
Non Current Liabilities Other29.5K45.9K8.7K1K900.0855.0

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

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Moving against Intellicheck Stock

  0.81VRME VerifyMePairCorr
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  0.69DM Desktop MetalPairCorr
  0.63VSAT ViaSat IncPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Intellicheck Mobilisa offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intellicheck Mobilisa's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intellicheck Mobilisa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intellicheck Mobilisa Stock:
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.