Impinj Other Current Assets vs Accounts Payable Analysis

PI Stock

USD 103.82 0.28 0.27%

Impinj financial indicator trend analysis is infinitely more than just investigating Impinj Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Impinj Inc is a good investment. Please check the relationship between Impinj Other Current Assets and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Impinj Inc Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.

The correlation between Impinj's Other Current Assets and Accounts Payable is 0.69. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Impinj Inc, assuming nothing else is changed. The correlation between historical values of Impinj's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Impinj Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., Impinj's Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents Impinj 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 Impinj Inc 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.

Most indicators from Impinj's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Impinj Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

As of now, Impinj's Tax Provision is decreasing as compared to previous years. The Impinj's current Enterprise Value Over EBITDA is estimated to increase to 78.22, while Selling General Administrative is projected to decrease to under 28 M.

	2022	2023	2024	2025 (projected)
Interest Expense	4.9M	4.8M	3.2M	2.5M
Depreciation And Amortization	6.0M	13.6M	13.6M	14.3M

Interest Expense Depreciation And Amortization

Impinj fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.92	0.81	0.77	0.55	0.98	0.18	0.9	-0.93	0.76	0.6	0.95	0.06	0.83	0.86	0.77	0.64	0.79	0.39	0.35	0.9	0.68	0.8	0.78	0.96	0.89
Short Long Term Debt Total	0.92		0.62	0.62	0.22	0.93	0.13	0.98	-0.95	0.78	0.68	0.86	-0.07	0.81	0.88	0.7	0.56	0.72	0.41	0.61	0.75	0.71	0.71	0.92	0.88	0.85
Other Current Liab	0.81	0.62		0.86	0.67	0.74	-0.1	0.64	-0.64	0.4	0.3	0.88	0.18	0.43	0.61	0.87	0.37	0.48	0.18	-0.11	0.9	0.21	0.53	0.43	0.87	0.58
Total Current Liabilities	0.77	0.62	0.86		0.53	0.67	0.08	0.67	-0.58	0.41	0.16	0.91	-0.03	0.38	0.48	0.79	0.35	0.4	0.34	-0.2	0.76	0.28	0.43	0.43	0.81	0.47
Total Stockholder Equity	0.55	0.22	0.67	0.53		0.51	0.2	0.21	-0.4	0.29	0.15	0.5	0.25	0.39	0.38	0.39	0.15	0.41	0.26	-0.4	0.63	0.28	0.61	-0.02	0.51	0.46
Property Plant And Equipment Net	0.98	0.93	0.74	0.67	0.51		0.22	0.9	-0.97	0.77	0.63	0.91	-0.03	0.83	0.9	0.75	0.63	0.84	0.37	0.45	0.89	0.69	0.85	0.81	0.95	0.91
Current Deferred Revenue	0.18	0.13	-0.1	0.08	0.2	0.22		0.18	-0.32	0.31	-0.1	0.14	-0.11	0.18	0.21	0.07	0.1	0.22	0.34	0.04	0.15	0.45	0.36	0.1	0.17	0.2
Net Debt	0.9	0.98	0.64	0.67	0.21	0.9	0.18		-0.92	0.82	0.5	0.88	-0.11	0.74	0.86	0.71	0.52	0.67	0.51	0.54	0.75	0.63	0.66	0.89	0.88	0.8
Retained Earnings	-0.93	-0.95	-0.64	-0.58	-0.4	-0.97	-0.32	-0.92		-0.77	-0.66	-0.85	0.09	-0.81	-0.91	-0.72	-0.54	-0.79	-0.39	-0.54	-0.83	-0.75	-0.84	-0.83	-0.91	-0.88
Accounts Payable	0.76	0.78	0.4	0.41	0.29	0.77	0.31	0.82	-0.77		0.35	0.63	0.1	0.85	0.84	0.32	0.53	0.69	0.78	0.52	0.53	0.69	0.71	0.79	0.63	0.85
Cash	0.6	0.68	0.3	0.16	0.15	0.63	-0.1	0.5	-0.66	0.35		0.44	0.09	0.73	0.62	0.39	0.47	0.6	-0.08	0.63	0.43	0.71	0.58	0.66	0.54	0.7
Non Current Assets Total	0.95	0.86	0.88	0.91	0.5	0.91	0.14	0.88	-0.85	0.63	0.44		-0.05	0.64	0.76	0.87	0.53	0.66	0.36	0.17	0.9	0.51	0.67	0.71	0.97	0.74
Non Currrent Assets Other	0.06	-0.07	0.18	-0.03	0.25	-0.03	-0.11	-0.11	0.09	0.1	0.09	-0.05		0.21	-0.02	-0.07	0.11	-0.11	0.08	-0.05	-0.02	0.12	-0.14	-0.07	-0.05	0.12
Cash And Short Term Investments	0.83	0.81	0.43	0.38	0.39	0.83	0.18	0.74	-0.81	0.85	0.73	0.64	0.21		0.84	0.35	0.69	0.81	0.48	0.59	0.57	0.87	0.81	0.81	0.67	0.95
Net Receivables	0.86	0.88	0.61	0.48	0.38	0.9	0.21	0.86	-0.91	0.84	0.62	0.76	-0.02	0.84		0.65	0.57	0.82	0.45	0.55	0.79	0.69	0.88	0.87	0.84	0.95
Good Will	0.77	0.7	0.87	0.79	0.39	0.75	0.07	0.71	-0.72	0.32	0.39	0.87	-0.07	0.35	0.65		0.39	0.48	0.02	0.11	0.9	0.25	0.52	0.57	0.91	0.55
Common Stock Total Equity	0.64	0.56	0.37	0.35	0.15	0.63	0.1	0.52	-0.54	0.53	0.47	0.53	0.11	0.69	0.57	0.39		0.77	-0.04	0.51	0.55	0.54	0.57	0.69	0.56	0.69
Common Stock Shares Outstanding	0.79	0.72	0.48	0.4	0.41	0.84	0.22	0.67	-0.79	0.69	0.6	0.66	-0.11	0.81	0.82	0.48	0.77		0.21	0.5	0.71	0.71	0.88	0.74	0.73	0.87
Short Term Investments	0.39	0.41	0.18	0.34	0.26	0.37	0.34	0.51	-0.39	0.78	-0.08	0.36	0.08	0.48	0.45	0.02	-0.04	0.21		0.07	0.15	0.39	0.35	0.35	0.27	0.43
Non Current Liabilities Total	0.35	0.61	-0.11	-0.2	-0.4	0.45	0.04	0.54	-0.54	0.52	0.63	0.17	-0.05	0.59	0.55	0.11	0.51	0.5	0.07		0.15	0.55	0.36	0.76	0.28	0.55
Inventory	0.9	0.75	0.9	0.76	0.63	0.89	0.15	0.75	-0.83	0.53	0.43	0.9	-0.02	0.57	0.79	0.9	0.55	0.71	0.15	0.15		0.42	0.77	0.6	0.95	0.74
Other Current Assets	0.68	0.71	0.21	0.28	0.28	0.69	0.45	0.63	-0.75	0.69	0.71	0.51	0.12	0.87	0.69	0.25	0.54	0.71	0.39	0.55	0.42		0.72	0.69	0.54	0.8
Other Stockholder Equity	0.8	0.71	0.53	0.43	0.61	0.85	0.36	0.66	-0.84	0.71	0.58	0.67	-0.14	0.81	0.88	0.52	0.57	0.88	0.35	0.36	0.77	0.72		0.65	0.75	0.91
Total Liab	0.78	0.92	0.43	0.43	-0.02	0.81	0.1	0.89	-0.83	0.79	0.66	0.71	-0.07	0.81	0.87	0.57	0.69	0.74	0.35	0.76	0.6	0.69	0.65		0.74	0.85
Property Plant And Equipment Gross	0.96	0.88	0.87	0.81	0.51	0.95	0.17	0.88	-0.91	0.63	0.54	0.97	-0.05	0.67	0.84	0.91	0.56	0.73	0.27	0.28	0.95	0.54	0.75	0.74		0.8
Total Current Assets	0.89	0.85	0.58	0.47	0.46	0.91	0.2	0.8	-0.88	0.85	0.7	0.74	0.12	0.95	0.95	0.55	0.69	0.87	0.43	0.55	0.74	0.8	0.91	0.85	0.8

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Impinj Account Relationship Matchups

Impinj fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	207.6M	315.5M	349.7M	359.4M	489.1M	513.5M
Short Long Term Debt Total	73.5M	304.4M	294.4M	294.6M	292.8M	307.4M
Other Current Liab	3.4M	5.3M	8.9M	17.1M	25.0M	26.2M
Total Current Liabilities	27.6M	35.5M	42.4M	30.9M	331.2M	347.7M
Total Stockholder Equity	109.1M	(11.1M)	15.6M	34.1M	149.9M	157.4M
Property Plant And Equipment Net	30.3M	39.2M	49.5M	54.6M	57.8M	60.6M
Current Deferred Revenue	6.8M	558K	2.3M	1.7M	1.8M	1.6M
Net Debt	49.8M	180.5M	274.8M	199.8M	246.7M	259.1M
Retained Earnings	(314.7M)	(362.5M)	(386.8M)	(430.2M)	(389.3M)	(408.8M)
Accounts Payable	10.1M	11.7M	25.0M	8.7M	17.3M	9.0M
Cash	23.6M	123.9M	19.6M	94.8M	46.1M	40.1M
Non Current Assets Total	36.3M	59.7M	74.6M	89.7M	162.7M	170.8M
Non Currrent Assets Other	2.1M	2.5M	2.0M	1.5M	1.0M	2.0M
Cash And Short Term Investments	106.1M	193.3M	173.7M	113.2M	164.7M	94.6M
Net Receivables	25.0M	35.4M	50.0M	54.9M	56.8M	28.5M
Common Stock Total Equity	22K	23K	25K	26K	29.9K	23.5K
Common Stock Shares Outstanding	22.8M	24.2M	25.5M	26.8M	29.5M	20.2M
Short Term Investments	82.5M	69.4M	154.1M	18.4M	118.7M	65.7M
Liabilities And Stockholders Equity	207.6M	315.5M	349.7M	359.4M	489.1M	513.5M
Non Current Liabilities Total	70.9M	291.1M	291.8M	294.4M	8.0M	7.6M
Inventory	36.3M	22.0M	46.4M	97.2M	99.3M	104.3M
Other Current Assets	7.7M	9.7M	5.0M	4.4M	5.5M	3.7M
Other Stockholder Equity	423.8M	351.4M	403.6M	463.9M	541.1M	307.1M
Total Liab	98.5M	326.6M	334.1M	325.3M	339.2M	172.5M
Property Plant And Equipment Gross	30.3M	39.2M	49.5M	86.3M	99.7M	104.7M
Total Current Assets	171.4M	255.8M	275.2M	269.7M	326.4M	167.1M
Accumulated Other Comprehensive Income	3K	(39K)	(1.2M)	355K	(1.9M)	(2.0M)
Short Term Debt	7.3M	17.9M	6.2M	3.4M	287.1M	301.4M
Common Stock	23K	25K	26K	27K	29K	24.6K
Other Liab	527K	1.1M	515K	467K	420.3K	399.3K
Net Tangible Assets	121.4M	105.2M	(15.0M)	11.7M	13.5M	12.8M
Other Assets	453K	15.8M	2.5M	2.0M	2.3M	2.7M
Long Term Debt	54.6M	278.7M	280.2M	281.9M	324.1M	340.3M
Short Long Term Debt	5.9M	94K	9.6M	283.5M	326.0M	342.3M
Property Plant Equipment	33.9M	16.5M	39.2M	39.0M	44.9M	24.1M
Long Term Debt Total	50.9M	54.6M	278.7M	280.2M	322.3M	338.4M
Capital Surpluse	387.9M	423.8M	351.4M	403.6M	464.1M	362.9M
Retained Earnings Total Equity	(262.7M)	(314.7M)	(362.5M)	(386.8M)	(348.1M)	(365.5M)

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Impinj Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Semiconductors & Semiconductor 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 Impinj. If investors know Impinj 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 Impinj listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

1.39

Revenue Per Share

13.097

Quarterly Revenue Growth

0.296

Return On Assets

(0)

Return On Equity

0.4439

The market value of Impinj Inc is measured differently than its book value, which is the value of Impinj that is recorded on the company's balance sheet. Investors also form their own opinion of Impinj's value that differs from its market value or its book value, called intrinsic value, which is Impinj'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 Impinj's market value can be influenced by many factors that don't directly affect Impinj'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 Impinj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Impinj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Impinj'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.

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Impinj Other Current Assets vs Accounts Payable Analysis

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Current Assets

Accounts Payable

Impinj fundamental ratios Correlations

Impinj Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Impinj fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.97	Non Current Assets Total
Property Plant And Equipment Gross	+ 0.96	Total Assets
Non Current Assets Total	+ 0.95	Total Assets
Property Plant And Equipment Gross	+ 0.95	Property Plant And Equipment Net

Retained Earnings	- 0.97	Property Plant And Equipment Net
Retained Earnings	- 0.95	Short Long Term Debt Total
Retained Earnings	- 0.93	Total Assets
Retained Earnings	- 0.92	Net Debt
Property Plant And Equipment Gross	- 0.91	Retained Earnings
Net Receivables	- 0.91	Retained Earnings