Imaflex Other Current Liab vs Cash And Short Term Investments Analysis

IFX Stock  CAD 1.46  0.06  4.29%   
Imaflex financial indicator trend analysis is infinitely more than just investigating Imaflex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imaflex is a good investment. Please check the relationship between Imaflex Other Current Liab and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imaflex. 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.

Other Current Liab vs Cash And Short Term Investments

Other Current Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imaflex Other Current Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Imaflex's Other Current Liab and Cash And Short Term Investments is 0.55. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Imaflex, assuming nothing else is changed. The correlation between historical values of Imaflex's Other Current Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Imaflex are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Liab i.e., Imaflex's Other Current Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Imaflex balance sheet. This account contains Imaflex investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Imaflex fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Imaflex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imaflex 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 Imaflex. 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.
At this time, Imaflex's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 8.69 in 2024, whereas Tax Provision is likely to drop slightly above 289.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense411.4K449.4K593.9K610.3K
Depreciation And Amortization3.8M4.1M4.6M2.3M

Imaflex fundamental ratios Correlations

0.450.530.270.970.960.070.940.260.95-0.040.350.72-0.660.690.690.64-0.390.610.720.070.70.430.460.60.81
0.450.270.780.260.370.820.130.650.34-0.13-0.330.72-0.080.540.680.44-0.20.90.520.690.68-0.210.63-0.070.1
0.530.270.210.550.35-0.160.490.080.33-0.620.550.760.110.390.780.56-0.570.390.81-0.060.690.60.620.220.6
0.270.780.210.090.130.64-0.040.860.12-0.07-0.290.590.050.10.60.3-0.050.810.490.920.67-0.160.54-0.01-0.05
0.970.260.550.090.95-0.140.990.070.93-0.090.50.64-0.630.630.620.57-0.350.440.69-0.10.620.570.370.660.88
0.960.370.350.130.950.090.930.141.00.140.230.57-0.770.70.50.58-0.370.520.520.00.510.30.350.670.78
0.070.82-0.160.64-0.140.09-0.240.60.090.23-0.810.31-0.10.360.240.29-0.120.690.00.660.28-0.730.32-0.21-0.28
0.940.130.49-0.040.990.93-0.24-0.050.92-0.040.550.53-0.650.580.520.5-0.310.320.61-0.20.520.590.270.70.89
0.260.650.080.860.070.140.6-0.050.150.11-0.360.47-0.110.220.490.29-0.150.770.370.670.56-0.250.43-0.01-0.08
0.950.340.330.120.931.00.090.920.150.190.20.54-0.80.70.480.58-0.390.510.48-0.020.490.270.330.670.76
-0.04-0.13-0.62-0.07-0.090.140.23-0.040.110.19-0.52-0.47-0.580.02-0.48-0.030.01-0.04-0.540.05-0.39-0.55-0.330.17-0.19
0.35-0.330.55-0.290.50.23-0.810.55-0.360.2-0.520.210.07-0.020.29-0.02-0.06-0.230.53-0.430.220.990.090.270.58
0.720.720.760.590.640.570.310.530.470.54-0.470.21-0.050.630.950.67-0.330.820.90.340.910.330.810.290.6
-0.66-0.080.110.05-0.63-0.77-0.1-0.65-0.11-0.8-0.580.07-0.05-0.39-0.01-0.40.33-0.190.00.09-0.080.060.09-0.41-0.34
0.690.540.390.10.630.70.360.580.220.70.02-0.020.63-0.390.60.57-0.480.670.49-0.120.530.040.550.440.67
0.690.680.780.60.620.50.240.520.490.48-0.480.290.95-0.010.60.61-0.310.80.960.330.970.40.730.280.62
0.640.440.560.30.570.580.290.50.290.58-0.03-0.020.67-0.40.570.61-0.480.560.510.070.560.050.520.310.44
-0.39-0.2-0.57-0.05-0.35-0.37-0.12-0.31-0.15-0.390.01-0.06-0.330.33-0.48-0.31-0.48-0.32-0.230.16-0.24-0.04-0.38-0.16-0.3
0.610.90.390.810.440.520.690.320.770.51-0.04-0.230.82-0.190.670.80.56-0.320.660.620.82-0.10.730.250.36
0.720.520.810.490.690.520.00.610.370.48-0.540.530.90.00.490.960.51-0.230.660.230.940.630.660.340.7
0.070.69-0.060.92-0.10.00.66-0.20.67-0.020.05-0.430.340.09-0.120.330.070.160.620.230.43-0.320.3-0.08-0.24
0.70.680.690.670.620.510.280.520.560.49-0.390.220.91-0.080.530.970.56-0.240.820.940.430.340.660.320.59
0.43-0.210.6-0.160.570.3-0.730.59-0.250.27-0.550.990.330.060.040.40.05-0.04-0.10.63-0.320.340.190.280.61
0.460.630.620.540.370.350.320.270.430.33-0.330.090.810.090.550.730.52-0.380.730.660.30.660.190.210.39
0.6-0.070.22-0.010.660.67-0.210.7-0.010.670.170.270.29-0.410.440.280.31-0.160.250.34-0.080.320.280.210.8
0.810.10.6-0.050.880.78-0.280.89-0.080.76-0.190.580.6-0.340.670.620.44-0.30.360.7-0.240.590.610.390.8
Click cells to compare fundamentals

Imaflex Account Relationship Matchups

Imaflex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.4M54.1M65.0M72.0M83.5M87.7M
Short Long Term Debt Total16.4M9.8M9.6M8.0M11.4M10.9M
Other Current Liab1.9M3.2M3.3M3.3M2.1M1.4M
Total Current Liabilities13.6M9.8M14.3M11.8M14.4M12.9M
Total Stockholder Equity29.7M36.0M45.1M55.1M55.9M58.7M
Property Plant And Equipment Net28.6M25.9M24.5M37.8M47.8M50.2M
Net Debt16.4M6.6M1.1M502.8K10.6M9.7M
Retained Earnings15.6M21.9M30.3M39.4M39.9M41.9M
Accounts Payable4.1M3.9M5.6M3.4M6.4M5.6M
Non Current Assets Total29.8M27.4M26.3M40.0M55.1M57.8M
Non Currrent Assets Other(2.2M)(1.5M)(3.3M)(3.4M)1.8M1.8M
Cash And Short Term Investments60.9K3.2M8.5M7.5M799.1K1.5M
Common Stock Shares Outstanding50.7M50.7M51.6M51.9M52.0M45.7M
Liabilities And Stockholders Equity53.4M54.1M65.0M72.0M83.5M87.7M
Non Current Liabilities Total10.1M8.3M5.6M5.1M13.2M6.7M
Inventory11.8M11.7M14.9M12.2M13.2M8.7M
Other Current Assets236.5K238.9K204.8K235.6K343.2K360.3K
Other Stockholder Equity1.6M1.7M2.2M3.1M1.00.95
Total Liab23.7M18.1M19.9M16.8M27.6M19.7M
Total Current Assets23.6M26.6M38.7M32.0M28.4M20.2M
Short Term Debt7.6M2.7M5.3M5.1M5.9M5.9M
Net Receivables11.5M11.5M15.1M12.1M14.1M10.5M
Cash60.9K3.2M8.5M7.5M799.1K1.5M
Accumulated Other Comprehensive Income597.6K484.6K2.2M3.1M3.0M3.1M
Other Liab1.2M1.2M1.4M2.1M2.4M1.5M
Net Tangible Assets28.5M34.4M43.3M52.9M60.9M30.7M
Good Will487.6K478.0K476.0K508.5K496.6K528.9K
Short Long Term Debt6.5M1.9M4.5M4.2M4.2M4.2M
Intangible Assets732.2K1.1M1.3M1.7M1.8M1.2M
Property Plant Equipment28.6M25.9M24.5M37.8M43.4M25.1M
Long Term Debt6.4M5.5M3.5M1.7M1.6M1.5M
Capital Lease Obligations3.5M2.4M1.6M2.1M7.2M7.6M
Net Invested Capital42.6M43.4M53.1M61.0M60.1M52.7M
Net Working Capital10.0M16.8M24.4M20.3M14.0M16.6M

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