Impinj Inc Stock Cash And Equivalents

PI Stock  USD 192.21  2.96  1.56%   
Impinj Inc fundamentals help investors to digest information that contributes to Impinj's financial success or failures. It also enables traders to predict the movement of Impinj Stock. The fundamental analysis module provides a way to measure Impinj's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Impinj stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Impinj Inc Company Cash And Equivalents Analysis

Impinj's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Impinj Cash And Equivalents

    
  181.85 M  
Most of Impinj's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Impinj Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Impinj Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Impinj is extremely important. It helps to project a fair market value of Impinj Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Impinj's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Impinj's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Impinj's interrelated accounts and indicators.
0.30.190.79-0.880.810.850.40.240.781.00.520.650.650.520.820.310.610.960.790.910.890.890.83
0.30.2-0.15-0.160.140.19-0.030.14-0.260.35-0.030.2-0.010.83-0.110.65-0.150.26-0.130.56-0.09-0.06-0.06
0.190.20.18-0.320.310.180.040.320.080.190.050.10.090.190.09-0.190.450.010.090.310.130.160.23
0.79-0.150.18-0.920.810.910.590.270.950.770.50.660.470.020.98-0.030.840.760.970.60.950.940.96
-0.88-0.16-0.32-0.92-0.73-0.96-0.67-0.13-0.87-0.86-0.53-0.81-0.51-0.29-0.94-0.12-0.83-0.85-0.93-0.8-0.92-0.92-0.97
0.810.140.310.81-0.730.720.120.670.690.810.380.330.460.310.720.140.580.710.670.660.760.770.71
0.850.190.180.91-0.960.720.740.080.870.840.40.870.520.330.930.250.780.840.930.790.890.890.95
0.4-0.030.040.59-0.670.120.74-0.470.630.360.060.920.310.030.660.090.630.430.720.420.570.550.73
0.240.140.320.27-0.130.670.08-0.470.030.250.18-0.38-0.24-0.020.12-0.180.080.130.060.070.190.210.09
0.78-0.260.080.95-0.870.690.870.630.030.750.50.720.660.050.970.00.80.770.970.60.930.930.95
1.00.350.190.77-0.860.810.840.360.250.750.520.630.660.570.790.360.580.950.760.920.860.860.8
0.52-0.030.050.5-0.530.380.40.060.180.50.520.180.160.020.570.060.550.510.530.350.530.530.47
0.650.20.10.66-0.810.330.870.92-0.380.720.630.180.560.370.750.350.660.650.790.710.680.660.81
0.65-0.010.090.47-0.510.460.520.31-0.240.660.660.160.560.520.520.390.40.620.50.70.520.530.53
0.520.830.190.02-0.290.310.330.03-0.020.050.570.020.370.520.080.78-0.010.470.050.790.10.130.12
0.82-0.110.090.98-0.940.720.930.660.120.970.790.570.750.520.080.040.820.811.00.640.960.950.98
0.310.65-0.19-0.03-0.120.140.250.09-0.180.00.360.060.350.390.780.040.00.270.030.53-0.03-0.050.01
0.61-0.150.450.84-0.830.580.780.630.080.80.580.550.660.4-0.010.820.00.530.830.520.750.730.85
0.960.260.010.76-0.850.710.840.430.130.770.950.510.650.620.470.810.270.530.790.860.880.880.81
0.79-0.130.090.97-0.930.670.930.720.060.970.760.530.790.50.051.00.030.830.790.620.950.940.98
0.910.560.310.6-0.80.660.790.420.070.60.920.350.710.70.790.640.530.520.860.620.670.690.69
0.89-0.090.130.95-0.920.760.890.570.190.930.860.530.680.520.10.96-0.030.750.880.950.671.00.96
0.89-0.060.160.94-0.920.770.890.550.210.930.860.530.660.530.130.95-0.050.730.880.940.691.00.96
0.83-0.060.230.96-0.970.710.950.730.090.950.80.470.810.530.120.980.010.850.810.980.690.960.96
Click cells to compare fundamentals
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

Impinj Cash And Cash Equivalents Changes

Cash And Cash Equivalents Changes

(89.18 Million)

As of now, Impinj's Cash And Cash Equivalents Changes is decreasing as compared to previous years.
In accordance with the recently published financial statements, Impinj Inc has 181.85 M in Cash And Equivalents. This is 85.44% lower than that of the Semiconductors & Semiconductor Equipment sector and 86.46% lower than that of the Information Technology industry. The cash and equivalents for all United States stocks is 93.27% higher than that of the company.

Impinj Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Impinj's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Impinj could also be used in its relative valuation, which is a method of valuing Impinj by comparing valuation metrics of similar companies.
Impinj is currently under evaluation in cash and equivalents category among its peers.

Impinj ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Impinj's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Impinj's managers, analysts, and investors.
Environmental
Governance
Social

Impinj Fundamentals

About Impinj Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Impinj Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Impinj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Impinj Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Check out Impinj Piotroski F Score and Impinj Altman Z Score analysis.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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
0.93
Revenue Per Share
12.494
Quarterly Revenue Growth
0.464
Return On Assets
(0.02)
Return On Equity
0.3318
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.