IPX Stock | | | USD 28.70 1.46 5.36% |
IperionX Limited financial indicator trend analysis is infinitely more than just investigating IperionX Limited American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IperionX Limited American is a good investment. Please check the relationship between IperionX Limited Depreciation And Amortization and its Total Current Liabilities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IperionX Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Depreciation And Amortization vs Total Current Liabilities
Depreciation And Amortization vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IperionX Limited American Depreciation And Amortization account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IperionX Limited's Depreciation And Amortization and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of IperionX Limited American, assuming nothing else is changed. The correlation between historical values of IperionX Limited's Depreciation And Amortization and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of IperionX Limited American are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Depreciation And Amortization i.e., IperionX Limited's Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Total Current Liabilities
Total Current Liabilities is an item on IperionX Limited balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IperionX Limited American are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from IperionX Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IperionX Limited American 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 IperionX Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, IperionX Limited's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 299.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 5.2
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 211.6K | 634.1K | 657.2K | 690.0K | Interest Income | 24.0K | 139.7K | 546.0K | 573.3K |
IperionX Limited fundamental ratios Correlations
Click cells to compare fundamentals
IperionX Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IperionX Limited fundamental ratios Accounts
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Additional Tools for IperionX Stock Analysis
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measure IperionX Limited'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 IperionX Limited is operating at the current time. Most of IperionX Limited's value examination focuses on studying past and present price action to
predict the probability of IperionX Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IperionX Limited's price. Additionally, you may evaluate how the addition of IperionX Limited to your portfolios can decrease your overall portfolio volatility.