CIMG Total Current Assets from 2010 to 2024

IMG Stock   0.85  0.06  6.59%   
CIMG's Total Current Assets are decreasing over the last several years with very volatile swings. Total Current Assets are predicted to flatten to about 2.9 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
M
Current Value
2.9 M
Quarterly Volatility
2.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CIMG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CIMG's main balance sheet or income statement drivers, such as Net Interest Income of 18.6 K, Interest Expense of 11.2 K or Total Revenue of 2.7 M, as well as many indicators such as . CIMG financial statements analysis is a perfect complement when working with CIMG Valuation or Volatility modules.
  
Check out the analysis of CIMG Correlation against competitors.

Latest CIMG's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of CIMG Inc over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. CIMG's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CIMG's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Very volatile
   Total Current Assets   
       Timeline  

CIMG Total Current Assets Regression Statistics

Arithmetic Mean5,782,239
Geometric Mean5,382,111
Coefficient Of Variation42.83
Mean Deviation1,469,139
Median5,484,900
Standard Deviation2,476,563
Sample Variance6.1T
Range9.5M
R-Value(0.03)
Mean Square Error6.6T
R-Squared0.0006
Significance0.93
Slope(13,920)
Total Sum of Squares85.9T

CIMG Total Current Assets History

20242.9 M
2023M
20223.4 M
202110.2 M
202012.4 M

About CIMG Financial Statements

CIMG stakeholders use historical fundamental indicators, such as CIMG's Total Current Assets, to determine how well the company is positioned to perform in the future. Although CIMG investors may analyze each financial statement separately, they are all interrelated. For example, changes in CIMG's assets and liabilities are reflected in the revenues and expenses on CIMG's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CIMG Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current AssetsM2.9 M

Currently Active Assets on Macroaxis

When determining whether CIMG Inc is a strong investment it is important to analyze CIMG'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 CIMG's future performance. For an informed investment choice regarding CIMG Stock, refer to the following important reports:
Check out the analysis of CIMG Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Retail 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 CIMG. If investors know CIMG 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 CIMG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.25)
Revenue Per Share
3.152
Quarterly Revenue Growth
0.369
Return On Assets
(1.14)
Return On Equity
(3.81)
The market value of CIMG Inc is measured differently than its book value, which is the value of CIMG that is recorded on the company's balance sheet. Investors also form their own opinion of CIMG's value that differs from its market value or its book value, called intrinsic value, which is CIMG'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 CIMG's market value can be influenced by many factors that don't directly affect CIMG'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 CIMG's value and its price as these two are different measures arrived at by different means. Investors typically determine if CIMG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CIMG'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.