IGM Net Income Per Share vs Cash Per Share Analysis

IGMS Stock  USD 9.25  0.24  2.53%   
IGM Biosciences financial indicator trend analysis is infinitely more than just investigating IGM Biosciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IGM Biosciences is a good investment. Please check the relationship between IGM Biosciences Net Income Per Share and its Cash Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IGM Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.

Net Income Per Share vs Cash Per Share

Net Income Per Share vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IGM Biosciences Net Income Per Share account and Cash Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between IGM Biosciences' Net Income Per Share and Cash Per Share is 0.61. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of IGM Biosciences, assuming nothing else is changed. The correlation between historical values of IGM Biosciences' Net Income Per Share and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of IGM Biosciences are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Net Income Per Share i.e., IGM Biosciences' Net Income Per Share and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income Per Share

Cash Per Share

Most indicators from IGM Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IGM Biosciences 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 IGM Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.At this time, IGM Biosciences' Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 152.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (1.50) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation4.5M6.1M8.0M8.4M
Total Operating Expenses165.3M229.0M265.6M278.9M

IGM Biosciences fundamental ratios Correlations

0.790.92-0.340.950.970.94-0.79-0.80.70.880.950.890.821.00.960.940.560.950.970.810.650.950.881.00.87
0.790.90.010.80.690.89-0.44-0.990.230.570.880.911.00.760.720.870.90.870.750.930.940.630.980.770.96
0.920.9-0.30.840.830.99-0.6-0.890.460.720.980.990.910.890.860.970.750.890.890.880.820.770.930.90.92
-0.340.01-0.3-0.16-0.27-0.30.3-0.09-0.46-0.31-0.3-0.30.02-0.35-0.29-0.220.12-0.15-0.53-0.030.07-0.37-0.07-0.35-0.11
0.950.80.84-0.160.960.88-0.74-0.820.690.830.910.80.820.940.960.890.520.980.870.780.620.940.890.940.91
0.970.690.83-0.270.960.88-0.85-0.720.80.910.90.790.720.970.980.910.40.940.90.730.50.980.80.970.82
0.940.890.99-0.30.880.88-0.66-0.880.550.780.990.980.890.920.910.990.680.930.910.890.760.830.940.920.94
-0.79-0.44-0.60.3-0.74-0.85-0.660.48-0.92-0.98-0.65-0.53-0.49-0.8-0.76-0.73-0.15-0.77-0.78-0.66-0.25-0.87-0.59-0.8-0.58
-0.8-0.99-0.89-0.09-0.82-0.72-0.880.48-0.25-0.6-0.88-0.89-0.99-0.77-0.74-0.88-0.88-0.89-0.73-0.94-0.93-0.64-0.98-0.78-0.95
0.70.230.46-0.460.690.80.55-0.92-0.250.890.560.390.270.720.750.59-0.140.660.70.41-0.020.860.410.720.45
0.880.570.72-0.310.830.910.78-0.98-0.60.890.770.670.620.880.850.830.280.860.860.750.390.920.710.890.7
0.950.880.98-0.30.910.90.99-0.65-0.880.560.770.960.890.930.940.980.660.940.910.850.740.850.930.940.94
0.890.910.99-0.30.80.790.98-0.53-0.890.390.670.960.910.860.820.950.780.850.880.880.840.720.920.870.9
0.821.00.910.020.820.720.89-0.49-0.990.270.620.890.910.790.740.880.890.890.770.950.940.660.990.80.96
1.00.760.89-0.350.940.970.92-0.8-0.770.720.880.930.860.790.960.920.540.940.960.790.630.960.851.00.85
0.960.720.86-0.290.960.980.91-0.76-0.740.750.850.940.820.740.960.910.420.930.890.720.520.960.820.960.86
0.940.870.97-0.220.890.910.99-0.73-0.880.590.830.980.950.880.920.910.650.940.890.90.730.840.930.930.92
0.560.90.750.120.520.40.68-0.15-0.88-0.140.280.660.780.890.540.420.650.610.550.80.990.320.810.540.74
0.950.870.89-0.150.980.940.93-0.77-0.890.660.860.940.850.890.940.930.940.610.890.890.70.910.950.940.96
0.970.750.89-0.530.870.90.91-0.78-0.730.70.860.910.880.770.960.890.890.550.890.790.630.920.830.970.83
0.810.930.88-0.030.780.730.89-0.66-0.940.410.750.850.880.950.790.720.90.80.890.790.860.680.950.80.91
0.650.940.820.070.620.50.76-0.25-0.93-0.020.390.740.840.940.630.520.730.990.70.630.860.430.880.630.81
0.950.630.77-0.370.940.980.83-0.87-0.640.860.920.850.720.660.960.960.840.320.910.920.680.430.760.960.78
0.880.980.93-0.070.890.80.94-0.59-0.980.410.710.930.920.990.850.820.930.810.950.830.950.880.760.860.99
1.00.770.9-0.350.940.970.92-0.8-0.780.720.890.940.870.81.00.960.930.540.940.970.80.630.960.860.85
0.870.960.92-0.110.910.820.94-0.58-0.950.450.70.940.90.960.850.860.920.740.960.830.910.810.780.990.85
Click cells to compare fundamentals

IGM Biosciences Account Relationship Matchups

IGM Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets261.4M408.6M298.1M513.5M423.4M300.2M
Other Current Liab3.3M4.0M15.6M27.8M31.5M33.1M
Total Current Liabilities8.9M17.2M27.8M44.7M42.5M23.7M
Total Stockholder Equity(107.2M)(188.6M)(353.7M)(574.8M)203.2M213.4M
Net Tangible Assets240.2M381.8M244.9M287.3M330.4M192.1M
Property Plant And Equipment Net18.0M34.8M56.3M73.1M74.0M40.6M
Net Debt(21.2M)(228.8M)(104.6M)(80.1M)(72.0M)(75.6M)
Retained Earnings(107.2M)(188.6M)(353.7M)(574.8M)(821.2M)(780.2M)
Accounts Payable3.1M7.9M5.6M2.5M1.3M1.3M
Cash35.9M241.1M133.3M121.2M112.5M101.6M
Non Current Assets Total30.3M35.4M57.4M75.1M75.8M43.4M
Non Currrent Assets Other258K548K1.0M2.0M1.8M913.3K
Other Assets258K548K1.0M2.0M2.3M2.4M
Cash And Short Term Investments236.6M366.3M229.5M427.2M337.7M251.4M
Common Stock Shares Outstanding9.0M30.7M33.5M41.5M52.3M26.4M
Short Term Investments188.7M125.2M96.2M305.9M225.2M147.9M
Liabilities And Stockholders Equity(86.1M)(161.7M)(300.5M)(348.6M)423.4M444.6M
Non Current Liabilities Total12.2M9.6M25.4M181.6M177.7M186.6M
Capital Surpluse751K347.1M570.0M598.4M688.1M722.5M
Capital Lease Obligations14.7M12.2M28.8M41.2M40.5M21.6M
Other Current Assets6.4M14.0M11.2M21.3M9.9M10.0M
Other Stockholder Equity(261.7M)570.0M598.4M862.4M1.0B1.1B
Total Liab21.1M26.8M53.2M226.2M220.2M231.2M
Net Invested Capital240.2M381.8M244.9M287.3M203.2M197.4M
Property Plant And Equipment Gross18.0M34.8M62.9M85.4M94.6M99.3M
Total Current Assets231.1M373.3M240.7M438.4M347.6M256.8M
Accumulated Other Comprehensive Income43K26K(66K)(701K)151K158.6K
Net Working Capital222.2M356.0M213.0M393.7M305.1M233.1M
Short Term Debt2.5M5.3M6.6M11.6M5.8M5.8M
Common Stock304K319K325K431K331K270.0K
Property Plant Equipment18.0M34.8M28.5M73.1M84.0M88.2M
Short Long Term Debt Total14.7M12.2M28.8M41.2M40.5M26.1M
Capital Stock304K319K325K431K586K361.0K

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