Iron Common Stock vs Property Plant Equipment Analysis

IRD Stock

0.06 0 3.33%

Iron Road financial indicator trend analysis is infinitely more than just investigating Iron Road recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iron Road is a good investment. Please check the relationship between Iron Road Common Stock and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Road. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Property Plant Equipment

Common Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iron Road Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.

The correlation between Iron Road's Common Stock and Property Plant Equipment is 0.99. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Iron Road, assuming nothing else is changed. The correlation between historical values of Iron Road's Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Iron Road are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., Iron Road's Common Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Common Stock

Property Plant Equipment

Most indicators from Iron Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iron Road 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 Iron Road. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 498.7 K in 2024. Issuance Of Capital Stock is likely to drop to about 790.2 K in 2024

	2021	2022	2023	2024 (projected)
Other Operating Expenses	3.9M	2.7M	2.3M	4.0M
Total Revenue	38.0	1.0M	817.4K	858.3K

Other Operating Expenses Total Revenue

Iron Road fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Other Liab	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Net Tangible Assets
Total Assets		0.23	0.29	1.0	0.37	0.37	-0.75	-0.16	-0.35	0.99	0.0	-0.45	-0.11	-0.25	0.98	0.92	0.3	0.99	-0.13	0.98	0.98	-0.51	-0.52	0.06	-0.32	-0.18
Other Current Liab	0.23		-0.07	0.24	0.01	-0.33	-0.18	0.48	0.13	0.21	0.09	0.08	0.05	0.48	0.19	0.15	-0.06	0.21	0.1	0.23	0.21	-0.03	-0.03	0.01	-0.15	0.21
Total Current Liabilities	0.29	-0.07		0.23	0.15	0.73	-0.23	0.3	-0.44	0.34	-0.11	-0.09	-0.4	0.13	0.29	0.21	1.0	0.33	-0.39	0.24	0.31	-0.28	-0.29	-0.11	0.01	-0.55
Total Stockholder Equity	1.0	0.24	0.23		0.37	0.33	-0.74	-0.18	-0.33	0.99	0.0	-0.45	-0.09	-0.26	0.98	0.92	0.23	0.99	-0.11	0.98	0.98	-0.51	-0.51	0.07	-0.33	-0.14
Property Plant And Equipment Net	0.37	0.01	0.15	0.37		0.16	0.02	0.05	-0.14	0.35	-0.69	-0.14	0.03	0.06	0.38	0.18	0.16	0.35	0.06	0.27	0.38	0.09	0.09	0.24	0.59	-0.04
Net Debt	0.37	-0.33	0.73	0.33	0.16		-0.53	-0.25	-0.89	0.47	0.06	-0.3	-0.77	-0.5	0.44	0.49	0.71	0.47	-0.79	0.41	0.46	-0.69	-0.7	0.14	-0.19	-0.45
Retained Earnings	-0.75	-0.18	-0.23	-0.74	0.02	-0.53		0.25	0.68	-0.79	-0.54	0.4	0.51	0.49	-0.78	-0.9	-0.22	-0.8	0.49	-0.85	-0.81	0.89	0.89	-0.42	0.75	-0.13
Accounts Payable	-0.16	0.48	0.3	-0.18	0.05	-0.25	0.25		0.28	-0.17	-0.14	0.23	0.03	0.9	-0.21	-0.35	0.3	-0.17	0.12	-0.22	-0.18	0.21	0.21	-0.1	0.2	0.07
Cash	-0.35	0.13	-0.44	-0.33	-0.14	-0.89	0.68	0.28		-0.47	-0.24	0.33	0.91	0.58	-0.44	-0.56	-0.42	-0.47	0.9	-0.45	-0.48	0.86	0.85	-0.37	0.34	0.16
Non Current Assets Total	0.99	0.21	0.34	0.99	0.35	0.47	-0.79	-0.17	-0.47		0.03	-0.45	-0.25	-0.3	0.99	0.94	0.34	1.0	-0.27	0.99	0.99	-0.61	-0.61	0.07	-0.35	-0.21
Non Currrent Assets Other	0.0	0.09	-0.11	0.0	-0.69	0.06	-0.54	-0.14	-0.24	0.03		0.01	-0.27	-0.26	0.04	0.24	-0.13	0.03	-0.23	0.14	0.06	-0.48	-0.48	0.44	-0.94	0.52
Other Assets	-0.45	0.08	-0.09	-0.45	-0.14	-0.3	0.4	0.23	0.33	-0.45	0.01		0.14	0.23	-0.45	-0.5	-0.1	-0.46	0.15	-0.46	-0.45	0.34	0.34	-0.12	0.21	0.08
Cash And Short Term Investments	-0.11	0.05	-0.4	-0.09	0.03	-0.77	0.51	0.03	0.91	-0.25	-0.27	0.14		0.36	-0.2	-0.31	-0.37	-0.25	0.99	-0.22	-0.26	0.8	0.8	-0.27	0.3	0.13
Net Receivables	-0.25	0.48	0.13	-0.26	0.06	-0.5	0.49	0.9	0.58	-0.3	-0.26	0.23	0.36		-0.32	-0.5	0.15	-0.3	0.44	-0.35	-0.3	0.55	0.55	-0.19	0.33	0.1
Common Stock Total Equity	0.98	0.19	0.29	0.98	0.38	0.44	-0.78	-0.21	-0.44	0.99	0.04	-0.45	-0.2	-0.32		0.96	0.29	0.99	-0.22	0.99	1.0	-0.58	-0.58	0.11	-0.36	-0.13
Common Stock Shares Outstanding	0.92	0.15	0.21	0.92	0.18	0.49	-0.9	-0.35	-0.56	0.94	0.24	-0.5	-0.31	-0.5	0.96		0.2	0.95	-0.34	0.98	0.95	-0.74	-0.74	0.17	-0.54	-0.07
Total Liab	0.3	-0.06	1.0	0.23	0.16	0.71	-0.22	0.3	-0.42	0.34	-0.13	-0.1	-0.37	0.15	0.29	0.2		0.33	-0.36	0.25	0.31	-0.26	-0.26	-0.11	0.03	-0.55
Property Plant And Equipment Gross	0.99	0.21	0.33	0.99	0.35	0.47	-0.8	-0.17	-0.47	1.0	0.03	-0.46	-0.25	-0.3	0.99	0.95	0.33		-0.27	0.99	0.99	-0.61	-0.62	0.08	-0.35	-0.2
Total Current Assets	-0.13	0.1	-0.39	-0.11	0.06	-0.79	0.49	0.12	0.9	-0.27	-0.23	0.15	0.99	0.44	-0.22	-0.34	-0.36	-0.27		-0.24	-0.27	0.8	0.8	-0.14	0.28	0.24
Common Stock	0.98	0.23	0.24	0.98	0.27	0.41	-0.85	-0.22	-0.45	0.99	0.14	-0.46	-0.22	-0.35	0.99	0.98	0.25	0.99	-0.24		0.99	-0.64	-0.64	0.13	-0.46	-0.09
Property Plant Equipment	0.98	0.21	0.31	0.98	0.38	0.46	-0.81	-0.18	-0.48	0.99	0.06	-0.45	-0.26	-0.3	1.0	0.95	0.31	0.99	-0.27	0.99		-0.62	-0.62	0.15	-0.37	-0.11
Other Liab	-0.51	-0.03	-0.28	-0.51	0.09	-0.69	0.89	0.21	0.86	-0.61	-0.48	0.34	0.8	0.55	-0.58	-0.74	-0.26	-0.61	0.8	-0.64	-0.62		1.0	-0.33	0.64	0.01
Non Current Liabilities Total	-0.52	-0.03	-0.29	-0.51	0.09	-0.7	0.89	0.21	0.85	-0.61	-0.48	0.34	0.8	0.55	-0.58	-0.74	-0.26	-0.62	0.8	-0.64	-0.62	1.0		-0.31	0.63	0.02
Other Current Assets	0.06	0.01	-0.11	0.07	0.24	0.14	-0.42	-0.1	-0.37	0.07	0.44	-0.12	-0.27	-0.19	0.11	0.17	-0.11	0.08	-0.14	0.13	0.15	-0.33	-0.31		-0.37	0.74
Other Stockholder Equity	-0.32	-0.15	0.01	-0.33	0.59	-0.19	0.75	0.2	0.34	-0.35	-0.94	0.21	0.3	0.33	-0.36	-0.54	0.03	-0.35	0.28	-0.46	-0.37	0.64	0.63	-0.37		-0.37
Net Tangible Assets	-0.18	0.21	-0.55	-0.14	-0.04	-0.45	-0.13	0.07	0.16	-0.21	0.52	0.08	0.13	0.1	-0.13	-0.07	-0.55	-0.2	0.24	-0.09	-0.11	0.01	0.02	0.74	-0.37

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Iron Road Account Relationship Matchups

Iron Road fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	132.2M	137.3M	135.7M	135.8M	134.8M	105.9M
Other Current Liab	314.7K	771.1K	1.3M	2.8M	1.3M	1.1M
Total Current Liabilities	9.0M	1.5M	1.8M	3.4M	2.3M	3.6M
Total Stockholder Equity	123.2M	135.8M	133.8M	132.3M	132.4M	102.2M
Property Plant And Equipment Net	9.8M	9.7M	10.6M	10.5M	132.8M	69.7M
Net Debt	7.7M	(4.4M)	(1.9M)	(1.7M)	268.2K	281.7K
Retained Earnings	(43.7M)	(49.1M)	(53.2M)	(53.6M)	(55.1M)	(52.4M)
Accounts Payable	670.6K	713.3K	500.8K	513.5K	534.1K	774.9K
Cash	340.5K	4.7M	1.9M	1.7M	235.0K	223.2K
Non Current Assets Total	131.8M	132.4M	133.7M	134.0M	132.8M	101.5M
Non Currrent Assets Other	122.0M	122.7M	123.1M	123.4M	142.0M	149.0M
Cash And Short Term Investments	385.5K	4.8M	1.9M	1.8M	235.0K	223.2K
Net Receivables	19.8K	63.4K	15.9K	178.0	160.2	152.19
Common Stock Shares Outstanding	699.5M	736.6M	795.5M	802.2M	819.0M	535.9M
Liabilities And Stockholders Equity	132.2M	137.3M	135.7M	135.8M	134.8M	105.9M
Total Liab	9.0M	1.5M	1.8M	3.4M	2.3M	3.7M
Property Plant And Equipment Gross	131.8M	133.4M	134.6M	134.0M	133.8M	101.7M
Total Current Assets	430.5K	4.9M	2.0M	1.8M	2.0M	3.2M
Accumulated Other Comprehensive Income	4.8M	7.6M	8.2M	6.1M	5.8M	5.3M
Property Plant Equipment	131.8M	132.4M	133.7M	134.0M	154.1M	98.7M
Other Liab	34.9K	1.1K	4.9K	5.1K	4.6K	4.4K
Non Current Liabilities Total	34.9K	1.1K	4.9K	5.1K	9.9K	9.4K
Other Current Assets	25.3K	30.7K	34.0K	32.4K	1.8M	1.8M
Other Stockholder Equity	(118.4M)	(128.3M)	(125.6M)	(126.2M)	(113.6M)	(107.9M)
Net Tangible Assets	123.2M	135.8M	133.8M	132.3M	152.2M	142.7M
Inventory	(15.0K)	(12.7K)	25.3K	1.0	1.15	1.21
Short Term Debt	6M	8M	343.1K	0.0	503.2K	478.1K
Short Long Term Debt Total	6M	8M	343.1K	503.2K	452.9K	430.3K
Current Deferred Revenue	(6M)	(8M)	(343.1K)	(503.2K)	(578.7K)	(607.6K)
Net Invested Capital	123.2M	135.8M	133.8M	132.3M	132.4M	142.8M
Cash And Equivalents	340.5K	4.7M	1.9M	1.7M	2.0M	1.7M
Net Working Capital	(8.6M)	3.4M	147.8K	(1.6M)	(321.5K)	(337.5K)

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