IMAB Other Current Assets vs Short Term Investments Analysis

IMAB Stock  USD 1.06  0.01  0.95%   
I Mab financial indicator trend analysis is infinitely more than just investigating I Mab recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether I Mab is a good investment. Please check the relationship between I Mab Other Current Assets and its Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in I Mab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.

Other Current Assets vs Short Term Investments

Other Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of I Mab Other Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between I Mab's Other Current Assets and Short Term Investments is 0.35. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of I Mab, assuming nothing else is changed. The correlation between historical values of I Mab's Other Current Assets 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 Assets of I Mab are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Assets i.e., I Mab's Other Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Term Investments

Short Term Investments is an item under the current assets section of I Mab balance sheet. It contains any investments I Mab undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that I Mab can easily liquidate in the marketplace.
Most indicators from I Mab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into I Mab 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 I Mab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.Tax Provision is expected to grow at the current pace this year. In addition to that, Selling General Administrative is expected to decline to about 60.7 M
 2022 2023 2024 (projected)
Interest Expense1.3K101.9K96.8K
Depreciation And Amortization25.3M23.9M20.6M

I Mab fundamental ratios Correlations

-0.810.860.850.920.840.62-0.7-0.98-0.57-0.430.890.82-0.79-0.810.990.72-0.160.830.780.07-0.77-0.450.750.390.68
-0.81-0.86-0.83-0.7-0.87-0.250.870.860.850.63-0.56-0.410.650.92-0.85-0.310.63-0.92-0.890.410.90.35-0.90.03-0.77
0.86-0.860.990.690.730.64-0.88-0.89-0.76-0.640.750.57-0.93-0.920.880.56-0.280.820.9-0.12-0.89-0.220.930.360.56
0.85-0.830.990.650.680.66-0.86-0.87-0.72-0.570.750.56-0.92-0.920.870.56-0.220.770.86-0.09-0.9-0.140.90.410.51
0.92-0.70.690.650.90.57-0.55-0.9-0.52-0.510.810.81-0.65-0.610.920.65-0.180.840.740.15-0.53-0.740.650.230.72
0.84-0.870.730.680.90.4-0.73-0.84-0.81-0.710.570.51-0.55-0.730.860.41-0.560.980.89-0.1-0.66-0.750.8-0.130.89
0.62-0.250.640.660.570.4-0.4-0.58-0.33-0.290.70.59-0.72-0.470.620.730.260.430.550.63-0.42-0.230.430.610.22
-0.70.87-0.88-0.86-0.55-0.73-0.40.710.860.69-0.42-0.340.70.88-0.73-0.490.62-0.83-0.880.20.870.2-0.960.02-0.76
-0.980.86-0.89-0.87-0.9-0.84-0.580.710.610.46-0.9-0.780.820.86-0.99-0.630.21-0.84-0.820.050.820.41-0.78-0.39-0.64
-0.570.85-0.76-0.72-0.52-0.81-0.330.860.610.79-0.26-0.060.490.8-0.64-0.150.77-0.89-0.920.260.780.39-0.870.29-0.77
-0.430.63-0.64-0.57-0.51-0.71-0.290.690.460.79-0.2-0.130.540.47-0.46-0.090.56-0.75-0.80.290.410.61-0.820.27-0.57
0.89-0.560.750.750.810.570.7-0.42-0.9-0.26-0.20.91-0.83-0.640.880.720.230.550.570.18-0.6-0.270.510.730.3
0.82-0.410.570.560.810.510.59-0.34-0.78-0.06-0.130.91-0.71-0.440.770.840.270.450.40.29-0.39-0.360.410.660.35
-0.790.65-0.93-0.92-0.65-0.55-0.720.70.820.490.54-0.83-0.710.74-0.79-0.64-0.04-0.61-0.730.010.710.15-0.79-0.62-0.31
-0.810.92-0.92-0.92-0.61-0.73-0.470.880.860.80.47-0.64-0.440.74-0.85-0.460.47-0.82-0.870.20.990.09-0.86-0.22-0.65
0.99-0.850.880.870.920.860.62-0.73-0.99-0.64-0.460.880.77-0.79-0.850.68-0.220.870.830.04-0.81-0.450.780.350.7
0.72-0.310.560.560.650.410.73-0.49-0.63-0.15-0.090.720.84-0.64-0.460.680.170.410.410.58-0.43-0.20.420.570.44
-0.160.63-0.28-0.22-0.18-0.560.260.620.210.770.560.230.27-0.040.47-0.220.17-0.62-0.570.470.460.3-0.560.73-0.73
0.83-0.920.820.770.840.980.43-0.83-0.84-0.89-0.750.550.45-0.61-0.820.870.41-0.620.95-0.14-0.76-0.630.88-0.120.89
0.78-0.890.90.860.740.890.55-0.88-0.82-0.92-0.80.570.4-0.73-0.870.830.41-0.570.95-0.12-0.82-0.480.930.010.76
0.070.41-0.12-0.090.15-0.10.630.20.050.260.290.180.290.010.20.040.580.47-0.14-0.120.23-0.12-0.280.35-0.02
-0.770.9-0.89-0.9-0.53-0.66-0.420.870.820.780.41-0.6-0.390.710.99-0.81-0.430.46-0.76-0.820.230.0-0.84-0.22-0.6
-0.450.35-0.22-0.14-0.74-0.75-0.230.20.410.390.61-0.27-0.360.150.09-0.45-0.20.3-0.63-0.48-0.120.0-0.340.31-0.62
0.75-0.90.930.90.650.80.43-0.96-0.78-0.87-0.820.510.41-0.79-0.860.780.42-0.560.880.93-0.28-0.84-0.340.030.71
0.390.030.360.410.23-0.130.610.02-0.390.290.270.730.66-0.62-0.220.350.570.73-0.120.010.35-0.220.310.03-0.35
0.68-0.770.560.510.720.890.22-0.76-0.64-0.77-0.570.30.35-0.31-0.650.70.44-0.730.890.76-0.02-0.6-0.620.71-0.35
Click cells to compare fundamentals

I Mab Account Relationship Matchups

I Mab fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B6.3B5.6B4.1B2.6B3.7B
Short Long Term Debt Total132.5M13.6M112.5M75.0M18.9M17.9M
Other Current Liab531.7M567.4M593.3M637.3M402.9M468.7M
Total Current Liabilities588.5M576.1M624.0M659.7M411.8M534.5M
Total Stockholder Equity(2.0B)5.6B4.6B3.0B1.7B1.8B
Other Liab2.5M3.9M125.0M335.8M386.2M405.5M
Net Tangible Assets(1.3B)(2.3B)5.3B4.3B5.0B5.2B
Property Plant And Equipment Net46.5M40.3M158.5M124.0M11.7M11.1M
Current Deferred Revenue3.9M7.5M2.4M8.7M1.6M1.5M
Net Debt(1.0B)(4.7B)(3.4B)(3.1B)(2.0B)(2.1B)
Retained Earnings(2.5B)(2.0B)(4.4B)(6.8B)(8.3B)(7.9B)
Accounts Payable67.7M(3.9M)(2.4M)(33.1M)(29.8M)(28.3M)
Cash1.1B4.8B3.5B3.2B302.1M287.0M
Non Current Assets Total376.3M990.1M847.7M447.2M276.3M262.5M
Non Currrent Assets Other18.3M2.0M26.6M10.9M246.2M258.5M
Other Assets18.3M2.0M26.6M237.3M272.9M286.6M
Cash And Short Term Investments1.2B4.8B4.3B3.4B2.3B2.9B
Net Receivables55.9M130.5M286.9M4.8M2.5M2.4M
Common Stock Shares Outstanding57.8M68.4M76.0M82.5M83.2M71.8M
Short Term Investments32M31.5M753.2M235.4M20.2M19.2M
Liabilities And Stockholders Equity1.7B6.3B5.6B4.1B2.6B3.7B
Non Current Liabilities Total3.2B130.5M417.6M405.6M483.0M458.8M
Capital Lease Obligations14.3M13.6M112.5M56.0M45.0M37.9M
Inventory(55.9M)(422.9M)27.2M(80.3M)12.8M13.4M
Other Current Assets191.8M195.5M190.8M172.5M31.8M30.2M
Other Stockholder Equity(2.7B)5.7B9.1B1.2B10.0B10.5B
Total Liab3.8B706.6M1.0B1.1B894.8M1.4B
Net Invested Capital(1.9B)5.6B4.6B3.0B1.8B1.9B
Property Plant And Equipment Gross46.5M40.3M158.5M124.0M156.4M90.5M
Total Current Assets1.4B5.3B4.8B3.6B2.3B3.2B
Accumulated Other Comprehensive Income70.1M(50.8M)(186.5M)216.7M42.1M24.6M
Net Working Capital772.8M4.8B4.2B3.0B1.9B2.6B
Short Term Debt56.8M(33.6M)30.7M22.4M7.3M7.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether I Mab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of I Mab'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 I Mab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on I Mab Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in I Mab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Biotechnology 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 I Mab. If investors know IMAB 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 I Mab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.16)
Revenue Per Share
0.043
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.29)
Return On Equity
(0.72)
The market value of I Mab is measured differently than its book value, which is the value of IMAB that is recorded on the company's balance sheet. Investors also form their own opinion of I Mab's value that differs from its market value or its book value, called intrinsic value, which is I Mab'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 I Mab's market value can be influenced by many factors that don't directly affect I Mab'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 I Mab's value and its price as these two are different measures arrived at by different means. Investors typically determine if I Mab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I Mab'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.