Intermap Net Debt vs Retained Earnings Analysis
| IMP Stock | CAD 1.82 0.05 2.67% |
Intermap Technologies financial indicator trend analysis is infinitely more than just investigating Intermap Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intermap Technologies is a good investment. Please check the relationship between Intermap Technologies Net Debt and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intermap Technologies Corp. 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.
Net Debt vs Retained Earnings
Net Debt vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intermap Technologies Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Intermap Technologies' Net Debt and Retained Earnings is -0.38. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Intermap Technologies Corp, assuming nothing else is changed. The correlation between historical values of Intermap Technologies' Net Debt and Retained Earnings 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 Debt of Intermap Technologies Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Intermap Technologies' Net Debt and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.38 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Intermap Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intermap Technologies 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 Intermap Technologies Corp. 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, Intermap Technologies' Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Tax Provision is likely to grow to about 59.9 K, while Sales General And Administrative To Revenue is likely to drop 0.72.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 7.0M | 9.2M | 1.8M | 1.7M | Cost Of Revenue | 2.9M | 2.8M | 7.7M | 11.2M |
Intermap Technologies fundamental ratios Correlations
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Intermap Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intermap Technologies fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 8.1M | 7.6M | 7.4M | 6.3M | 4.5M | 4.3M | |
| Short Long Term Debt Total | 32.8M | 1.4M | 1.2M | 1.2M | 1.1M | 1.0M | |
| Other Current Liab | 3.0M | 3.2M | 3.4M | 1.6M | 2.0M | 1.6M | |
| Total Current Liabilities | 36.9M | 5.0M | 5.6M | 7.0M | 7.4M | 9.3M | |
| Total Stockholder Equity | (29.1M) | 1.5M | 852K | (1.4M) | (3.6M) | (3.4M) | |
| Property Plant And Equipment Net | 5.0M | 3.5M | 3.0M | 1.7M | 1.4M | 1.3M | |
| Net Debt | 31.6M | (334K) | 1.0M | 325K | 422K | 443.1K | |
| Retained Earnings | (254.4M) | (228.1M) | (231.5M) | (236.8M) | (240.5M) | (228.5M) | |
| Accounts Payable | 1.4M | 1.6M | 2.0M | 1.9M | 2.4M | 2.5M | |
| Cash | 1.2M | 1.8M | 188K | 843K | 677K | 643.2K | |
| Non Current Assets Total | 5.0M | 4.5M | 5.2M | 3.8M | 3.2M | 3.1M | |
| Non Currrent Assets Other | (625K) | 41K | 39K | 55K | 50K | 47.5K | |
| Cash And Short Term Investments | 1.2M | 1.8M | 188K | 843K | 677K | 643.2K | |
| Net Receivables | 1.2M | 626K | 1.1M | 1.3M | 312K | 296.4K | |
| Common Stock Shares Outstanding | 17.3M | 20.5M | 27.0M | 33.4M | 38.4M | 40.4M | |
| Liabilities And Stockholders Equity | 8.1M | 7.6M | 7.4M | 6.3M | 4.5M | 4.3M | |
| Non Current Liabilities Total | 280K | 1.2M | 955K | 800K | 687K | 652.7K | |
| Other Current Assets | 763K | 769K | 472K | 382K | 311K | 295.5K | |
| Other Stockholder Equity | 25.9M | 26.1M | 26.4M | 27.1M | 27.8M | 26.4M | |
| Total Liab | 37.2M | 6.2M | 6.6M | 7.8M | 8.1M | 15.1M | |
| Property Plant And Equipment Gross | 5.0M | 3.5M | 45.9M | 45.8M | 37.6M | 39.5M | |
| Total Current Assets | 3.1M | 3.2M | 2.3M | 2.5M | 1.3M | 1.2M | |
| Short Term Debt | 32.6M | 275K | 260K | 368K | 412K | 391.4K | |
| Current Deferred Revenue | 1.3M | 1.6M | 1.7M | 3.0M | 2.6M | 2.7M | |
| Net Tangible Assets | (24.4M) | (29.1M) | 565K | (265K) | (304.8K) | (320.0K) | |
| Long Term Debt | 184K | 648K | 665K | 623K | 489K | 464.6K | |
| Short Long Term Debt | 32.2M | 4K | 9K | 145K | 155K | 147.3K | |
| Property Plant Equipment | 5.0M | 3.5M | 3.0M | 1.7M | 2.0M | 3.4M | |
| Long Term Debt Total | 280K | 1.2M | 955K | 800K | 720K | 684K | |
| Capital Surpluse | 25.5M | 26.0M | 26.1M | 26.6M | 30.6M | 26.3M | |
| Capital Lease Obligations | 465K | 792K | 541K | 400K | 455K | 380.1K | |
| Net Invested Capital | 3.3M | 2.1M | 1.5M | (651K) | (2.9M) | (2.8M) | |
| Net Working Capital | (33.8M) | (1.8M) | (3.4M) | (4.4M) | (6.1M) | (6.4M) |
Pair Trading with Intermap Technologies
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 Intermap Technologies 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 Intermap Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Intermap Stock
Moving against Intermap Stock
| 0.85 | ARA | Aclara Resources | PairCorr |
| 0.53 | RCI-A | Rogers Communications | PairCorr |
| 0.33 | CCL-A | CCL Industries | PairCorr |
The ability to find closely correlated positions to Intermap Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intermap Technologies 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 Intermap Technologies - 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 Intermap Technologies Corp to buy it.
The correlation of Intermap Technologies 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 Intermap Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intermap Technologies 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 Intermap Technologies 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.Other Information on Investing in Intermap Stock
Balance Sheet is a snapshot of the financial position of Intermap Technologies at a specified time, usually calculated after every quarter, six months, or one year. Intermap Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Intermap Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Intermap currently owns. An asset can also be divided into two categories, current and non-current.