Immuneering Cash vs Net Receivables Analysis

IMRX Stock  USD 2.13  0.08  3.90%   
Immuneering Corp financial indicator trend analysis is infinitely more than just investigating Immuneering Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immuneering Corp is a good investment. Please check the relationship between Immuneering Corp Cash and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immuneering 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 metropolitan statistical area.
For more information on how to buy Immuneering Stock please use our How to Invest in Immuneering Corp guide.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immuneering Corp Cash account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Immuneering Corp's Cash and Net Receivables is -0.41. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Immuneering Corp, assuming nothing else is changed. The correlation between historical values of Immuneering Corp's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Immuneering Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Immuneering Corp's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Immuneering Corp, which is listed under current asset account on Immuneering Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Immuneering Corp customers. The amounts must be unrestricted with restricted cash listed in a different Immuneering Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Immuneering Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immuneering Corp 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 Immuneering 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 metropolitan statistical area.
For more information on how to buy Immuneering Stock please use our How to Invest in Immuneering Corp guide.At this time, Immuneering Corp's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 55.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses34.8M51.9M58.4M37.5M
Cost Of Revenue1.2M158.1K764.1K732.6K

Immuneering Corp fundamental ratios Correlations

-0.790.920.910.980.960.98-0.96-0.770.820.980.970.671.0-0.420.940.64-0.540.94-0.81-0.330.980.571.00.950.43
-0.79-0.78-0.83-0.66-0.67-0.780.920.75-0.87-0.88-0.76-0.65-0.790.1-0.73-0.620.01-0.750.47-0.26-0.66-0.63-0.79-0.74-0.48
0.92-0.780.990.920.950.98-0.93-0.920.890.940.980.850.91-0.610.990.78-0.61.0-0.6-0.380.920.750.910.990.68
0.91-0.830.990.890.920.97-0.95-0.910.950.960.970.860.9-0.580.970.76-0.530.98-0.61-0.290.890.730.90.980.63
0.98-0.660.920.890.990.97-0.89-0.750.770.940.970.660.98-0.530.950.63-0.680.95-0.82-0.511.00.550.980.960.43
0.96-0.670.950.920.990.98-0.89-0.780.770.930.980.70.96-0.560.980.66-0.680.97-0.76-0.510.990.60.960.980.53
0.98-0.780.980.970.970.98-0.96-0.850.880.981.00.770.97-0.540.980.71-0.60.99-0.74-0.390.970.660.970.990.54
-0.960.92-0.93-0.95-0.89-0.89-0.960.84-0.92-0.99-0.94-0.75-0.950.37-0.91-0.710.38-0.930.680.11-0.89-0.67-0.96-0.92-0.5
-0.770.75-0.92-0.91-0.75-0.78-0.850.84-0.85-0.83-0.86-0.98-0.750.71-0.86-0.950.56-0.890.290.29-0.75-0.94-0.75-0.89-0.84
0.82-0.870.890.950.770.770.88-0.92-0.850.920.870.810.81-0.470.850.66-0.330.88-0.56-0.080.770.640.810.860.49
0.98-0.880.940.960.940.930.98-0.99-0.830.920.970.740.98-0.410.940.68-0.450.95-0.74-0.210.940.630.980.950.47
0.97-0.760.980.970.970.981.0-0.94-0.860.870.970.780.96-0.580.990.72-0.630.99-0.72-0.420.970.670.961.00.56
0.67-0.650.850.860.660.70.77-0.75-0.980.810.740.780.65-0.790.790.94-0.590.83-0.19-0.330.660.940.650.820.83
1.0-0.790.910.90.980.960.97-0.95-0.750.810.980.960.65-0.390.920.63-0.520.93-0.82-0.310.980.561.00.930.4
-0.420.1-0.61-0.58-0.53-0.56-0.540.370.71-0.47-0.41-0.58-0.79-0.39-0.6-0.690.89-0.630.140.78-0.53-0.65-0.39-0.62-0.61
0.94-0.730.990.970.950.980.98-0.91-0.860.850.940.990.790.92-0.60.72-0.641.0-0.67-0.450.950.680.931.00.62
0.64-0.620.780.760.630.660.71-0.71-0.950.660.680.720.940.63-0.690.72-0.560.75-0.1-0.290.630.990.630.760.88
-0.540.01-0.6-0.53-0.68-0.68-0.60.380.56-0.33-0.45-0.63-0.59-0.520.89-0.64-0.56-0.640.410.95-0.68-0.46-0.52-0.65-0.42
0.94-0.751.00.980.950.970.99-0.93-0.890.880.950.990.830.93-0.631.00.75-0.64-0.66-0.430.950.710.931.00.62
-0.810.47-0.6-0.61-0.82-0.76-0.740.680.29-0.56-0.74-0.72-0.19-0.820.14-0.67-0.10.41-0.660.35-0.820.0-0.82-0.660.15
-0.33-0.26-0.38-0.29-0.51-0.51-0.390.110.29-0.08-0.21-0.42-0.33-0.310.78-0.45-0.290.95-0.430.35-0.51-0.2-0.31-0.45-0.24
0.98-0.660.920.891.00.990.97-0.89-0.750.770.940.970.660.98-0.530.950.63-0.680.95-0.82-0.510.550.980.960.43
0.57-0.630.750.730.550.60.66-0.67-0.940.640.630.670.940.56-0.650.680.99-0.460.710.0-0.20.550.560.710.93
1.0-0.790.910.90.980.960.97-0.96-0.750.810.980.960.651.0-0.390.930.63-0.520.93-0.82-0.310.980.560.940.41
0.95-0.740.990.980.960.980.99-0.92-0.890.860.951.00.820.93-0.621.00.76-0.651.0-0.66-0.450.960.710.940.63
0.43-0.480.680.630.430.530.54-0.5-0.840.490.470.560.830.4-0.610.620.88-0.420.620.15-0.240.430.930.410.63
Click cells to compare fundamentals

Immuneering Corp Account Relationship Matchups

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.

Additional Tools for Immuneering Stock Analysis

When running Immuneering Corp's price analysis, check to measure Immuneering Corp'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 Immuneering Corp is operating at the current time. Most of Immuneering Corp's value examination focuses on studying past and present price action to predict the probability of Immuneering Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immuneering Corp's price. Additionally, you may evaluate how the addition of Immuneering Corp to your portfolios can decrease your overall portfolio volatility.