Immatics Net Working Capital vs Retained Earnings Analysis

IMTXW Stock  USD 0.30  0.06  16.67%   
Immatics Biotechnologies financial indicator trend analysis is infinitely more than just investigating Immatics Biotechnologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immatics Biotechnologies is a good investment. Please check the relationship between Immatics Biotechnologies Net Working Capital and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in immatics biotechnologies GmbH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Net Working Capital vs Retained Earnings

Net Working Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immatics Biotechnologies Net Working Capital account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Immatics Biotechnologies' Net Working Capital and Retained Earnings is -0.81. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of immatics biotechnologies GmbH, assuming nothing else is changed. The correlation between historical values of Immatics Biotechnologies' Net Working Capital 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 Working Capital of immatics biotechnologies GmbH 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 Working Capital i.e., Immatics Biotechnologies' Net Working Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Working Capital

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 Immatics Biotechnologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immatics Biotechnologies 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 immatics biotechnologies GmbH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Sales General And Administrative To Revenue is likely to climb to 1.03 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income5.7M9.4M13.8M14.5M
Net Interest Income3.9M1.1M13.0M13.7M

Immatics Biotechnologies fundamental ratios Correlations

0.620.610.580.850.470.70.9-0.25-0.410.80.240.750.710.590.530.710.410.61-0.860.670.460.880.470.660.59
0.620.940.80.90.980.860.73-0.8-0.840.330.860.940.691.00.560.950.130.94-0.460.930.930.780.980.781.0
0.610.940.940.910.950.840.6-0.72-0.920.170.780.920.610.940.280.91-0.161.0-0.630.920.970.650.950.690.94
0.580.80.940.880.810.80.51-0.64-0.920.10.690.860.360.780.120.72-0.340.94-0.690.820.920.540.810.630.78
0.850.90.910.880.820.890.86-0.64-0.790.540.690.980.620.870.540.870.150.91-0.730.890.840.880.820.80.88
0.470.980.950.810.820.810.58-0.81-0.880.140.880.880.620.990.410.92-0.040.95-0.390.90.960.641.00.70.98
0.70.860.840.80.890.810.73-0.85-0.880.390.790.890.490.840.510.770.130.84-0.60.970.840.770.810.960.85
0.90.730.60.510.860.580.73-0.45-0.430.880.480.830.670.70.840.740.630.6-0.570.690.511.00.580.770.71
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-0.41-0.84-0.92-0.92-0.79-0.88-0.88-0.430.870.03-0.87-0.83-0.31-0.84-0.19-0.710.3-0.920.47-0.91-0.96-0.49-0.88-0.76-0.84
0.80.330.170.10.540.140.390.88-0.060.030.070.480.510.30.810.40.830.17-0.410.30.050.840.140.50.31
0.240.860.780.690.690.880.790.48-0.97-0.870.070.810.250.860.50.660.00.78-0.090.80.890.550.880.760.86
0.750.940.920.860.980.880.890.83-0.74-0.830.480.810.580.930.60.870.160.92-0.580.90.890.870.880.820.93
0.710.690.610.360.620.620.490.67-0.21-0.310.510.250.580.70.440.870.390.61-0.570.620.460.690.620.420.7
0.591.00.940.780.870.990.840.7-0.8-0.840.30.860.930.70.540.950.120.94-0.430.920.930.760.990.761.0
0.530.560.280.120.540.410.510.84-0.48-0.190.810.50.60.440.540.490.840.28-0.030.450.290.850.410.650.55
0.710.950.910.720.870.920.770.74-0.6-0.710.40.660.870.870.950.490.180.91-0.580.870.830.780.920.660.95
0.410.13-0.16-0.340.15-0.040.130.63-0.020.30.830.00.160.390.120.840.18-0.160.080.07-0.210.61-0.040.330.13
0.610.941.00.940.910.950.840.6-0.72-0.920.170.780.920.610.940.280.91-0.16-0.630.920.970.650.950.690.94
-0.86-0.46-0.63-0.69-0.73-0.39-0.6-0.570.110.47-0.41-0.09-0.58-0.57-0.43-0.03-0.580.08-0.63-0.6-0.46-0.54-0.39-0.46-0.44
0.670.930.920.820.890.90.970.69-0.84-0.910.30.80.90.620.920.450.870.070.92-0.60.90.740.90.90.92
0.460.930.970.920.840.960.840.51-0.84-0.960.050.890.890.460.930.290.83-0.210.97-0.460.90.570.960.710.93
0.880.780.650.540.880.640.771.0-0.52-0.490.840.550.870.690.760.850.780.610.65-0.540.740.570.640.810.77
0.470.980.950.810.821.00.810.58-0.81-0.880.140.880.880.620.990.410.92-0.040.95-0.390.90.960.640.70.98
0.660.780.690.630.80.70.960.77-0.84-0.760.50.760.820.420.760.650.660.330.69-0.460.90.710.810.70.76
0.591.00.940.780.880.980.850.71-0.8-0.840.310.860.930.71.00.550.950.130.94-0.440.920.930.770.980.76
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Immatics Biotechnologies Account Relationship Matchups

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