Immersion Financials

IMMR Stock  USD 9.73  0.58  6.34%   
Based on the analysis of Immersion's profitability, liquidity, and operating efficiency, Immersion is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in January. At this time, Immersion's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 12/18/2024, Other Current Assets is likely to grow to about 3.6 M, while Property Plant And Equipment Net is likely to drop slightly above 234.7 K. Key indicators impacting Immersion's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio5.428.9292
Way Down
Slightly volatile
The financial analysis of Immersion is a critical element in measuring its lifeblood. Investors should not minimize Immersion's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

35.67 Million

  
Understanding current and past Immersion Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Immersion's financial statements are interrelated, with each one affecting the others. For example, an increase in Immersion's assets may result in an increase in income on the income statement.

Immersion Stock Summary

Immersion competes with Meridianlink, CoreCard Corp, Enfusion, Alkami Technology, and Karooooo. Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida. Immersion Corp operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 26 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS4525211078
CUSIP452521107
LocationCalifornia; U.S.A
Business Address2999 NE 191st
SectorTechnology Hardware, Storage & Peripherals
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.immersion.com
Phone408 467 1900
CurrencyUSD - US Dollar

Immersion Key Financial Ratios

Immersion Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets124.8M96.1M175.5M190.1M215.7M226.5M
Other Current Liab5.2M2.1M8.6M11.3M13.3M13.9M
Net Debt(85.3M)(58.1M)(50.4M)(48.3M)(56.0M)(53.2M)
Retained Earnings(118.6M)(113.2M)(100.7M)(70.0M)(36.0M)(37.8M)
Accounts Payable809K149K2K86K47K44.7K
Cash86.5M59.5M51.5M48.8M56.1M39.9M
Net Receivables3.4M13.2M14.4M8.7M10.0M10.5M
Other Current Assets14.1M1.6M984K1.9M2.1M3.6M
Total Liab41.1M32.1M34.2M32.4M32.6M33.5M
Total Current Assets107.0M74.4M153.3M160.3M172.5M181.1M
Common Stock253.3M258.8M323.3M322.7M322.2M193.8M
Other Liab26.6M21.7M17.6M13.0M15.0M20.1M
Other Assets14.5M21.6M21.8M12.1M13.9M9.5M
Short Term Debt1.2M1.4M1.1M486K39K37.1K
Treasury Stock(48.4M)(51.1M)(81.7M)(95.2M)(85.7M)(81.4M)
Net Tangible Assets83.8M64.0M141.3M157.7M181.4M190.4M

Immersion Key Income Statement Accounts

The reason investors look at the income statement is to determine what Immersion's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense4.1M2.9M485K2.8M3.3M3.4M
Total Revenue36.0M30.5M35.1M38.5M33.9M38.0M
Gross Profit35.8M30.3M35.0M38.5M33.6M34.5M
Operating Income(21.5M)289K17.8M24.4M17.9M18.8M
Ebit(21.5M)1.1M17.8M24.4M17.9M18.8M
Research Development7.8M5.0M4.2M1.4M281K267.0K
Ebitda(19.3M)2.2M18.5M25.2M18.0M18.9M
Cost Of Revenue170K168K88K4K281K267.0K
Income Before Tax(19.6M)3.2M17.3M27.0M42.9M45.1M
Net Income(20.0M)5.4M12.5M30.7M34.0M35.7M
Income Tax Expense471K(2.2M)4.8M(3.7M)8.9M9.4M
Tax Provision471K(2.2M)4.8M(3.7M)673K639.4K
Interest Income1.8M271K1.2M2.8M3.3M3.4M
Net Interest Income1.8M271K1.2M2.8M19.6M20.6M

Immersion Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(11.3M)2.3M(1.2M)(248K)(223.2K)(234.4K)
Change In Cash(24.5M)(27.0M)(8.0M)(2.7M)7.3M7.6M
Free Cash Flow(34.2M)(25K)17.1M40.1M20.6M21.6M
Depreciation2.2M1.9M762K812K67K63.7K
Other Non Cash Items1.0M(29K)3.7M3.2M(16.2M)(15.4M)
Capital Expenditures150K47K335K30K2K1.9K
Net Income(20.0M)5.4M12.5M30.7M34.0M35.7M
End Period Cash Flow86.5M59.5M51.5M48.8M56.1M39.9M
Change To Netincome6.0M2.0M6.5M1.5M1.8M1.7M
Investments11.1M3M(87.3M)(29.4M)(13.2M)(12.5M)
Change Receivables(2.3M)1.2M248K735K845.3K887.5K

Immersion Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Immersion's current stock value. Our valuation model uses many indicators to compare Immersion value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Immersion competition to find correlations between indicators driving Immersion's intrinsic value. More Info.
Immersion is rated second overall in return on equity category among its peers. It is rated fourth overall in return on asset category among its peers reporting about  0.26  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Immersion is roughly  3.91 . At this time, Immersion's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Immersion by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Immersion Systematic Risk

Immersion's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Immersion volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Immersion correlated with the market. If Beta is less than 0 Immersion generally moves in the opposite direction as compared to the market. If Immersion Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Immersion is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Immersion is generally in the same direction as the market. If Beta > 1 Immersion moves generally in the same direction as, but more than the movement of the benchmark.

Immersion Thematic Clasifications

Immersion is part of Computers investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
ComputersView
This theme covers USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Immersion Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Immersion's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Immersion growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.5

At this time, Immersion's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Immersion December 18, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Immersion help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Immersion. We use our internally-developed statistical techniques to arrive at the intrinsic value of Immersion based on widely used predictive technical indicators. In general, we focus on analyzing Immersion Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Immersion's daily price indicators and compare them against related drivers.

Additional Tools for Immersion Stock Analysis

When running Immersion's price analysis, check to measure Immersion'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 Immersion is operating at the current time. Most of Immersion's value examination focuses on studying past and present price action to predict the probability of Immersion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immersion's price. Additionally, you may evaluate how the addition of Immersion to your portfolios can decrease your overall portfolio volatility.