INLX Stock | | | USD 14.58 0.77 5.02% |
Intellinetics financial indicator trend analysis is infinitely more than just investigating Intellinetics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intellinetics is a good investment. Please check the relationship between Intellinetics Good Will and its Total Current Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellinetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Intellinetics Stock please use our
How to Invest in Intellinetics guide.
Good Will vs Total Current Assets
Good Will vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Intellinetics Good Will account and
Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Intellinetics' Good Will and Total Current Assets is 0.78. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Intellinetics, assuming nothing else is changed. The correlation between historical values of Intellinetics' Good Will and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Intellinetics are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Intellinetics' Good Will and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Intellinetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intellinetics 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 Intellinetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Intellinetics Stock please use our
How to Invest in Intellinetics guide.At this time, Intellinetics'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 12.63 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Intellinetics fundamental ratios Correlations
Click cells to compare fundamentals
Intellinetics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intellinetics fundamental ratios Accounts
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Additional Tools for Intellinetics Stock Analysis
When running Intellinetics' price analysis, check to
measure Intellinetics' 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 Intellinetics is operating at the current time. Most of Intellinetics' value examination focuses on studying past and present price action to
predict the probability of Intellinetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intellinetics' price. Additionally, you may evaluate how the addition of Intellinetics to your portfolios can decrease your overall portfolio volatility.