Immix Net Working Capital vs Property Plant And Equipment Gross Analysis

IMMX Stock  USD 1.97  0.32  19.39%   
Immix Biopharma financial indicator trend analysis is infinitely more than just investigating Immix Biopharma recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immix Biopharma is a good investment. Please check the relationship between Immix Biopharma Net Working Capital and its Property Plant And Equipment Gross accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immix Biopharma. 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 Immix Stock please use our How to Invest in Immix Biopharma guide.

Net Working Capital vs Property Plant And Equipment Gross

Net Working Capital vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immix Biopharma Net Working Capital account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Immix Biopharma's Net Working Capital and Property Plant And Equipment Gross is 0.45. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Immix Biopharma, assuming nothing else is changed. The correlation between historical values of Immix Biopharma's Net Working Capital and Property Plant And Equipment Gross 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 Working Capital of Immix Biopharma are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Working Capital i.e., Immix Biopharma's Net Working Capital and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Property Plant And Equipment Gross

Most indicators from Immix Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immix Biopharma 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 Immix Biopharma. 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 Immix Stock please use our How to Invest in Immix Biopharma guide.At this time, Immix Biopharma's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 28.8 M in 2024, whereas Tax Provision is likely to drop slightly above 12.5 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.4M8.2M16.1M16.9M
Cost Of Revenue2.5K2.1K5.5K3.0K

Immix Biopharma fundamental ratios Correlations

-0.970.63-0.831.00.970.52-0.98-0.930.541.00.61.00.570.98-0.970.920.99-0.831.00.52-0.971.00.981.0-0.97
-0.97-0.690.87-0.97-0.99-0.560.990.96-0.59-0.97-0.64-0.97-0.62-0.951.0-0.92-0.970.86-0.97-0.561.0-0.97-0.95-0.971.0
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-0.830.87-0.27-0.88-0.88-0.150.850.7-0.16-0.85-0.23-0.85-0.2-0.710.85-0.72-0.771.0-0.88-0.150.87-0.83-0.73-0.880.87
1.0-0.970.57-0.880.980.46-0.98-0.90.481.00.541.00.510.95-0.970.90.98-0.881.00.46-0.971.00.961.0-0.97
0.97-0.990.65-0.880.980.56-1.0-0.940.580.980.640.980.610.94-1.00.880.95-0.890.980.56-0.990.970.940.98-0.99
0.52-0.560.89-0.150.460.56-0.6-0.751.00.50.990.50.990.67-0.60.510.57-0.160.471.0-0.560.520.620.45-0.56
-0.980.99-0.690.85-0.98-1.0-0.60.96-0.62-0.98-0.67-0.98-0.64-0.961.0-0.9-0.970.86-0.98-0.60.99-0.98-0.96-0.980.99
-0.930.96-0.860.7-0.9-0.94-0.750.96-0.77-0.92-0.82-0.92-0.81-0.960.97-0.92-0.950.7-0.9-0.750.96-0.93-0.95-0.90.96
0.54-0.590.91-0.160.480.581.0-0.62-0.770.521.00.520.990.68-0.620.540.59-0.180.491.0-0.590.540.640.47-0.59
1.0-0.970.6-0.851.00.980.5-0.98-0.920.520.581.00.550.96-0.970.90.98-0.861.00.5-0.971.00.971.0-0.97
0.6-0.640.93-0.230.540.640.99-0.67-0.821.00.580.580.990.73-0.680.60.65-0.240.550.99-0.640.60.690.53-0.64
1.0-0.970.6-0.851.00.980.5-0.98-0.920.521.00.580.550.96-0.970.90.98-0.861.00.5-0.971.00.971.0-0.97
0.57-0.620.94-0.20.510.610.99-0.64-0.810.990.550.990.550.72-0.650.610.63-0.20.520.99-0.620.570.680.51-0.62
0.98-0.950.76-0.710.950.940.67-0.96-0.960.680.960.730.960.72-0.960.940.99-0.710.950.67-0.950.981.00.95-0.95
-0.971.0-0.710.85-0.97-1.0-0.61.00.97-0.62-0.97-0.68-0.97-0.65-0.96-0.92-0.970.85-0.97-0.61.0-0.97-0.96-0.971.0
0.92-0.920.72-0.720.90.880.51-0.9-0.920.540.90.60.90.610.94-0.920.96-0.690.890.51-0.920.920.950.91-0.92
0.99-0.970.7-0.770.980.950.57-0.97-0.950.590.980.650.980.630.99-0.970.96-0.770.970.57-0.970.991.00.98-0.97
-0.830.86-0.261.0-0.88-0.89-0.160.860.7-0.18-0.86-0.24-0.86-0.2-0.710.85-0.69-0.77-0.88-0.160.86-0.84-0.72-0.880.86
1.0-0.970.57-0.881.00.980.47-0.98-0.90.491.00.551.00.520.95-0.970.890.97-0.880.47-0.971.00.961.0-0.97
0.52-0.560.89-0.150.460.561.0-0.6-0.751.00.50.990.50.990.67-0.60.510.57-0.160.47-0.560.520.620.45-0.56
-0.971.0-0.690.87-0.97-0.99-0.560.990.96-0.59-0.97-0.64-0.97-0.62-0.951.0-0.92-0.970.86-0.97-0.56-0.97-0.95-0.971.0
1.0-0.970.63-0.831.00.970.52-0.98-0.930.541.00.61.00.570.98-0.970.920.99-0.841.00.52-0.970.981.0-0.97
0.98-0.950.73-0.730.960.940.62-0.96-0.950.640.970.690.970.681.0-0.960.951.0-0.720.960.62-0.950.980.96-0.95
1.0-0.970.57-0.881.00.980.45-0.98-0.90.471.00.531.00.510.95-0.970.910.98-0.881.00.45-0.971.00.96-0.97
-0.971.0-0.690.87-0.97-0.99-0.560.990.96-0.59-0.97-0.64-0.97-0.62-0.951.0-0.92-0.970.86-0.97-0.561.0-0.97-0.95-0.97
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Immix Biopharma Account Relationship Matchups

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When running Immix Biopharma's price analysis, check to measure Immix Biopharma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Immix Biopharma is operating at the current time. Most of Immix Biopharma's value examination focuses on studying past and present price action to predict the probability of Immix Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immix Biopharma's price. Additionally, you may evaluate how the addition of Immix Biopharma to your portfolios can decrease your overall portfolio volatility.