Indiana Total Revenue vs Net Income Analysis

IDA Stock

0.06 0 4.69%

Indiana Resources financial indicator trend analysis is infinitely more than just investigating Indiana Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indiana Resources is a good investment. Please check the relationship between Indiana Resources Total Revenue and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indiana Resources. 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.

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indiana Resources Total Revenue account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Indiana Resources' Total Revenue and Net Income is -0.68. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Indiana Resources, assuming nothing else is changed. The correlation between historical values of Indiana Resources' Total Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Indiana Resources are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Indiana Resources' Total Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Revenue

Total revenue comprises all receipts Indiana Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Indiana Resources financial statement analysis. It represents the amount of money remaining after all of Indiana Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Indiana Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indiana Resources 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 Indiana Resources. 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 3.4 M in 2024. Discontinued Operations is likely to drop to about (7.2 M) in 2024

	2023	2024 (projected)
Research Development	93.4K	83.0K
Minority Interest	1.1M	1.8M

Research Development Minority Interest

Indiana Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Stockholder Equity	Current Deferred Revenue	Accounts Payable	Inventory	Other Current Assets
Total Assets		0.93	0.81	0.97	0.96	0.96	0.1	-0.55	0.93	0.98	0.0	0.93	0.78	0.74	-0.4	0.85	0.98	0.97	0.98	0.93	0.73	0.21	0.8	0.97	0.95	0.78
Short Long Term Debt Total	0.93		0.59	0.89	0.82	0.81	0.41	-0.3	0.81	0.85	0.13	0.81	0.94	0.52	-0.31	0.98	0.96	0.82	0.98	0.83	0.5	0.19	0.61	0.98	0.9	0.86
Other Current Liab	0.81	0.59		0.89	0.81	0.84	-0.47	-0.54	0.94	0.84	0.12	0.94	0.3	0.67	-0.33	0.41	0.79	0.85	0.74	0.92	0.66	0.21	0.97	0.73	0.86	0.4
Total Current Liabilities	0.97	0.89	0.89		0.89	0.91	-0.05	-0.44	0.98	0.93	0.13	0.98	0.69	0.64	-0.35	0.78	0.98	0.92	0.97	0.99	0.62	0.22	0.9	0.96	0.99	0.67
Total Stockholder Equity	0.96	0.82	0.81	0.89		0.99	0.02	-0.72	0.86	0.99	-0.14	0.86	0.68	0.88	-0.44	0.74	0.89	0.99	0.88	0.86	0.86	0.19	0.74	0.87	0.86	0.75
Property Plant And Equipment Net	0.96	0.81	0.84	0.91	0.99		-0.04	-0.7	0.89	0.99	-0.16	0.89	0.65	0.87	-0.46	0.71	0.89	1.0	0.88	0.88	0.85	0.19	0.79	0.87	0.88	0.7
Net Debt	0.1	0.41	-0.47	-0.05	0.02	-0.04		0.2	-0.21	0.0	0.01	-0.21	0.68	-0.11	-0.05	0.59	0.14	-0.05	0.2	-0.16	-0.12	-0.03	-0.47	0.21	-0.02	0.57
Retained Earnings	-0.55	-0.3	-0.54	-0.44	-0.72	-0.7	0.2		-0.44	-0.68	0.35	-0.44	-0.21	-0.95	0.24	-0.24	-0.4	-0.71	-0.38	-0.4	-0.97	-0.27	-0.4	-0.37	-0.37	-0.43
Cash	0.93	0.81	0.94	0.98	0.86	0.89	-0.21	-0.44		0.91	0.14	1.0	0.56	0.62	-0.29	0.67	0.94	0.9	0.91	1.0	0.61	0.22	0.96	0.91	0.98	0.55
Non Current Assets Total	0.98	0.85	0.84	0.93	0.99	0.99	0.0	-0.68	0.91		-0.11	0.91	0.69	0.85	-0.44	0.76	0.93	1.0	0.91	0.9	0.83	0.21	0.79	0.91	0.9	0.73
Non Currrent Assets Other	0.0	0.13	0.12	0.13	-0.14	-0.16	0.01	0.35	0.14	-0.11		0.14	0.08	-0.36	0.55	0.11	0.13	-0.13	0.13	0.14	-0.29	-0.1	0.15	0.12	0.21	0.15
Cash And Short Term Investments	0.93	0.81	0.94	0.98	0.86	0.89	-0.21	-0.44	1.0	0.91	0.14		0.56	0.62	-0.29	0.67	0.94	0.9	0.91	1.0	0.61	0.22	0.96	0.91	0.98	0.55
Net Receivables	0.78	0.94	0.3	0.69	0.68	0.65	0.68	-0.21	0.56	0.69	0.08	0.56		0.41	-0.26	0.99	0.81	0.65	0.85	0.6	0.4	0.15	0.31	0.85	0.7	0.91
Common Stock Total Equity	0.74	0.52	0.67	0.64	0.88	0.87	-0.11	-0.95	0.62	0.85	-0.36	0.62	0.41		-0.45	0.45	0.61	0.87	0.59	0.59	0.99	0.23	0.54	0.58	0.57	0.59
Common Stock Shares Outstanding	-0.4	-0.31	-0.33	-0.35	-0.44	-0.46	-0.05	0.24	-0.29	-0.44	0.55	-0.29	-0.26	-0.45		-0.27	-0.34	-0.43	-0.32	-0.33	-0.31	-0.19	-0.25	-0.33	-0.31	-0.33
Non Current Liabilities Total	0.85	0.98	0.41	0.78	0.74	0.71	0.59	-0.24	0.67	0.76	0.11	0.67	0.99	0.45	-0.27		0.88	0.72	0.91	0.7	0.43	0.17	0.43	0.91	0.79	0.9
Total Liab	0.98	0.96	0.79	0.98	0.89	0.89	0.14	-0.4	0.94	0.93	0.13	0.94	0.81	0.61	-0.34	0.88		0.9	1.0	0.95	0.59	0.22	0.8	1.0	0.98	0.77
Property Plant And Equipment Gross	0.97	0.82	0.85	0.92	0.99	1.0	-0.05	-0.71	0.9	1.0	-0.13	0.9	0.65	0.87	-0.43	0.72	0.9		0.89	0.89	0.86	0.2	0.8	0.88	0.89	0.71
Total Current Assets	0.98	0.98	0.74	0.97	0.88	0.88	0.2	-0.38	0.91	0.91	0.13	0.91	0.85	0.59	-0.32	0.91	1.0	0.89		0.93	0.58	0.21	0.76	1.0	0.97	0.8
Short Term Debt	0.93	0.83	0.92	0.99	0.86	0.88	-0.16	-0.4	1.0	0.9	0.14	1.0	0.6	0.59	-0.33	0.7	0.95	0.89	0.93		0.58	0.2	0.95	0.93	0.99	0.57
Common Stock	0.73	0.5	0.66	0.62	0.86	0.85	-0.12	-0.97	0.61	0.83	-0.29	0.61	0.4	0.99	-0.31	0.43	0.59	0.86	0.58	0.58		0.2	0.54	0.56	0.56	0.57
Other Stockholder Equity	0.21	0.19	0.21	0.22	0.19	0.19	-0.03	-0.27	0.22	0.21	-0.1	0.22	0.15	0.23	-0.19	0.17	0.22	0.2	0.21	0.2	0.2		0.19	0.22	0.18	0.23
Current Deferred Revenue	0.8	0.61	0.97	0.9	0.74	0.79	-0.47	-0.4	0.96	0.79	0.15	0.96	0.31	0.54	-0.25	0.43	0.8	0.8	0.76	0.95	0.54	0.19		0.76	0.89	0.32
Accounts Payable	0.97	0.98	0.73	0.96	0.87	0.87	0.21	-0.37	0.91	0.91	0.12	0.91	0.85	0.58	-0.33	0.91	1.0	0.88	1.0	0.93	0.56	0.22	0.76		0.97	0.79
Inventory	0.95	0.9	0.86	0.99	0.86	0.88	-0.02	-0.37	0.98	0.9	0.21	0.98	0.7	0.57	-0.31	0.79	0.98	0.89	0.97	0.99	0.56	0.18	0.89	0.97		0.68
Other Current Assets	0.78	0.86	0.4	0.67	0.75	0.7	0.57	-0.43	0.55	0.73	0.15	0.55	0.91	0.59	-0.33	0.9	0.77	0.71	0.8	0.57	0.57	0.23	0.32	0.79	0.68

Click cells to compare fundamentals

Indiana Resources Account Relationship Matchups

Indiana Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	652K	3.1M	6.6M	6.9M	8.2M	7.8M
Other Current Liab	124K	26K	256K	189K	403K	382.9K
Total Current Liabilities	1.3M	937K	670K	939K	900K	855K
Total Stockholder Equity	(625K)	2.1M	5.4M	5.7M	6.9M	6.5M
Property Plant And Equipment Net	27K	70K	207K	105K	6.4M	8.9M
Net Debt	(504K)	(1.2M)	(2.2M)	(1.1M)	(1.4M)	(1.4M)
Retained Earnings	(22.8M)	(24.5M)	(26.6M)	(27.0M)	(30.7M)	(32.3M)
Cash	504K	1.3M	2.4M	1.2M	1.4M	1.3M
Non Current Assets Total	27K	1.7M	3.8M	5.4M	6.4M	6.1M
Non Currrent Assets Other	(27K)	1.7M	3.6M	5.3M	4.8M	5.0M
Cash And Short Term Investments	504K	1.3M	2.4M	1.2M	1.4M	1.3M
Net Receivables	102K	83K	152K	241K	324K	307.8K
Common Stock Shares Outstanding	174.2M	257.0M	425.7M	494.0M	589.9M	619.4M
Liabilities And Stockholders Equity	652K	3.1M	6.6M	6.9M	8.2M	7.8M
Non Current Liabilities Total	52K	52.0K	119K	38K	22K	20.9K
Total Liab	1.3M	989K	789K	977K	922K	875.9K
Property Plant And Equipment Gross	27K	3.2M	4.2M	5.5M	6.6M	9.3M
Total Current Assets	495K	625K	1.4M	1.5M	1.8M	1.7M
Accumulated Other Comprehensive Income	6.4M	7.0M	7.2M	5.5M	5.2M	4.8M
Common Stock	15.8M	19.6M	24.8M	27.2M	32.4M	43.9M
Other Stockholder Equity	6.4M	7.0M	7.2M	(1.0)	1.0	1.05
Accounts Payable	1.2M	901K	227K	692K	487K	462.7K
Property Plant Equipment	27K	1.7M	3.8M	5.4M	6.2M	5.9M
Net Tangible Assets	(625K)	2.1M	5.4M	5.7M	5.1M	6.9M
Net Invested Capital	(625K)	2.1M	5.4M	5.7M	6.9M	5.0M
Net Working Capital	(652K)	451K	2.1M	543K	852K	558.3K
Capital Stock	15.8M	19.6M	24.8M	27.2M	32.4M	24.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Indiana Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC