Inseego Accounts Payable vs Retained Earnings Analysis
INSG Stock | USD 10.93 0.32 3.02% |
Inseego Corp financial indicator trend analysis is infinitely more than just investigating Inseego Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inseego Corp is a good investment. Please check the relationship between Inseego Corp Accounts Payable and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inseego 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 state. For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.
Accounts Payable vs Retained Earnings
Accounts Payable vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inseego Corp Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Inseego Corp's Accounts Payable and Retained Earnings is -0.14. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Inseego Corp, assuming nothing else is changed. The correlation between historical values of Inseego Corp's Accounts Payable 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 Accounts Payable of Inseego 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 Accounts Payable i.e., Inseego Corp's Accounts Payable and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Inseego Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Inseego Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Inseego Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inseego 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 Inseego 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 state. For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.At this time, Inseego Corp's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 121.2M | 121.8M | 63.7M | 78.4M | Cost Of Revenue | 186.5M | 178.4M | 143.2M | 175.3M |
Inseego Corp fundamental ratios Correlations
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Inseego Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inseego Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 161.4M | 227.4M | 215.8M | 159.0M | 121.8M | 172.0M | |
Total Stockholder Equity | (37.2M) | (27.8M) | (24.9M) | (70.1M) | (102.1M) | (97.0M) | |
Other Assets | 387K | 15.6M | 377K | 488K | 439.2K | 417.2K | |
Common Stock Shares Outstanding | 7.8M | 9.6M | 10.3M | 10.7M | 11.4M | 11.9M | |
Liabilities And Stockholders Equity | 161.4M | 227.4M | 215.8M | 159.0M | 121.8M | 172.0M | |
Other Stockholder Equity | 584.9M | 711.5M | 770.6M | 794.0M | 810.1M | 410.9M | |
Total Liab | 198.7M | 255.3M | 240.7M | 229.1M | 223.9M | 117.6M | |
Short Long Term Debt Total | 148.1M | 166.8M | 160.0M | 167.1M | 170.7M | 179.3M | |
Other Current Liab | 15.6M | 18.9M | 19.4M | 25.7M | 19.2M | 16.1M | |
Total Current Liabilities | 44.5M | 75.7M | 74.8M | 57.0M | 55.9M | 58.0M | |
Property Plant And Equipment Net | 18.8M | 28.9M | 20.5M | 16.9M | 8.2M | 13.6M | |
Net Debt | 136.0M | 125.1M | 111.4M | 160.0M | 163.2M | 171.4M | |
Retained Earnings | (618.3M) | (732.4M) | (787.0M) | (857.8M) | (906.9M) | (861.6M) | |
Accounts Payable | 26.5M | 52.3M | 48.6M | 29.0M | 24.8M | 34.5M | |
Cash | 12.1M | 40.0M | 46.5M | 7.1M | 7.5M | 7.1M | |
Non Current Assets Total | 97.2M | 113.3M | 88.2M | 80.7M | 63.6M | 58.5M | |
Non Currrent Assets Other | 387K | 388K | (143.0M) | (157.2M) | 6.3M | 6.7M | |
Cash And Short Term Investments | 12.1M | 40.0M | 46.5M | 7.1M | 7.5M | 7.1M | |
Net Receivables | 19.7M | 29.9M | 26.8M | 25.3M | 26.4M | 31.4M | |
Common Stock Total Equity | 82K | 99K | 105K | 108K | 124.2K | 130.4K | |
Non Current Liabilities Total | 154.2M | 179.6M | 165.9M | 172.2M | 168.0M | 176.4M | |
Inventory | 25.3M | 34.0M | 37.4M | 38.0M | 22.9M | 28.1M | |
Other Current Assets | 7.1M | 10.2M | 2.3M | 8.0M | 1.4M | 1.4M | |
Property Plant And Equipment Gross | 18.8M | 28.9M | 20.5M | 16.9M | 49.2M | 51.6M | |
Total Current Assets | 64.1M | 114.1M | 127.6M | 78.4M | 58.2M | 87.4M | |
Accumulated Other Comprehensive Income | (3.9M) | (7.0M) | (8.5M) | (6.3M) | (5.3M) | (5.6M) | |
Short Term Debt | 187K | 1.6M | 2.1M | 1.8M | 5.8M | 5.4M | |
Common Stock | 82K | 99K | 105K | 108K | 12K | 11.4K | |
Long Term Debt | 147.9M | 165.1M | 157.9M | 6.9M | 159.9M | 167.9M | |
Intangible Assets | 44.4M | 51.5M | 47.0M | 41.4M | 27.1M | 24.7M | |
Property Plant Equipment | 10.8M | 13.7M | 20.5M | 16.9M | 19.4M | 13.2M | |
Other Liab | 4.6M | 6.1M | 8.0M | 923K | 830.7K | 789.2K | |
Current Deferred Revenue | 2.2M | 2.9M | 4.8M | 9.3M | 5.6M | 3.8M | |
Good Will | 33.7M | 32.5M | 20.3M | 21.9M | 25.2M | 23.5M | |
Net Tangible Assets | (115.3M) | (111.8M) | (92.2M) | (133.4M) | (120.1M) | (114.1M) | |
Noncontrolling Interest In Consolidated Entity | (50K) | (135K) | (120K) | (91K) | (81.9K) | (77.8K) | |
Retained Earnings Total Equity | (618.3M) | (732.4M) | (787.0M) | (857.8M) | (772.0M) | (810.6M) | |
Capital Surpluse | 584.9M | 711.5M | 770.6M | 793.9M | 912.9M | 627.4M |
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When determining whether Inseego Corp is a strong investment it is important to analyze Inseego Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inseego Corp's future performance. For an informed investment choice regarding Inseego Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inseego 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 state. For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inseego Corp. If investors know Inseego will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inseego Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.02) | Revenue Per Share 16.535 | Quarterly Revenue Growth 0.104 | Return On Assets (0.1) | Return On Equity (8.35) |
The market value of Inseego Corp is measured differently than its book value, which is the value of Inseego that is recorded on the company's balance sheet. Investors also form their own opinion of Inseego Corp's value that differs from its market value or its book value, called intrinsic value, which is Inseego Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inseego Corp's market value can be influenced by many factors that don't directly affect Inseego Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inseego Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inseego Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inseego Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.