IMAB Accounts Payable vs Non Currrent Assets Other Analysis

IMAB Stock  USD 0.95  0.01  1.06%   
I Mab financial indicator trend analysis is infinitely more than just investigating I Mab recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether I Mab is a good investment. Please check the relationship between I Mab Accounts Payable and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in I Mab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of I Mab Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between I Mab's Accounts Payable and Non Currrent Assets Other is 0.54. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of I Mab, assuming nothing else is changed. The correlation between historical values of I Mab's Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of I Mab are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., I Mab's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents I Mab 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 I Mab 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from I Mab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into I Mab 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 I Mab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.Tax Provision is expected to grow at the current pace this year. In addition to that, Selling General Administrative is expected to decline to about 60.7 M
 2022 2023 2024 (projected)
Interest Expense1.3K101.9K96.8K
Depreciation And Amortization25.3M23.9M20.6M

I Mab fundamental ratios Correlations

-0.810.860.850.920.840.62-0.7-0.98-0.57-0.430.890.82-0.79-0.810.990.72-0.160.830.780.07-0.77-0.450.750.390.68
-0.81-0.86-0.83-0.7-0.87-0.250.870.860.850.63-0.56-0.410.650.92-0.85-0.310.63-0.92-0.890.410.90.35-0.90.03-0.77
0.86-0.860.990.690.730.64-0.88-0.89-0.76-0.640.750.57-0.93-0.920.880.56-0.280.820.9-0.12-0.89-0.220.930.360.56
0.85-0.830.990.650.680.66-0.86-0.87-0.72-0.570.750.56-0.92-0.920.870.56-0.220.770.86-0.09-0.9-0.140.90.410.51
0.92-0.70.690.650.90.57-0.55-0.9-0.52-0.510.810.81-0.65-0.610.920.65-0.180.840.740.15-0.53-0.740.650.230.72
0.84-0.870.730.680.90.4-0.73-0.84-0.81-0.710.570.51-0.55-0.730.860.41-0.560.980.89-0.1-0.66-0.750.8-0.130.89
0.62-0.250.640.660.570.4-0.4-0.58-0.33-0.290.70.59-0.72-0.470.620.730.260.430.550.63-0.42-0.230.430.610.22
-0.70.87-0.88-0.86-0.55-0.73-0.40.710.860.69-0.42-0.340.70.88-0.73-0.490.62-0.83-0.880.20.870.2-0.960.02-0.76
-0.980.86-0.89-0.87-0.9-0.84-0.580.710.610.46-0.9-0.780.820.86-0.99-0.630.21-0.84-0.820.050.820.41-0.78-0.39-0.64
-0.570.85-0.76-0.72-0.52-0.81-0.330.860.610.79-0.26-0.060.490.8-0.64-0.150.77-0.89-0.920.260.780.39-0.870.29-0.77
-0.430.63-0.64-0.57-0.51-0.71-0.290.690.460.79-0.2-0.130.540.47-0.46-0.090.56-0.75-0.80.290.410.61-0.820.27-0.57
0.89-0.560.750.750.810.570.7-0.42-0.9-0.26-0.20.91-0.83-0.640.880.720.230.550.570.18-0.6-0.270.510.730.3
0.82-0.410.570.560.810.510.59-0.34-0.78-0.06-0.130.91-0.71-0.440.770.840.270.450.40.29-0.39-0.360.410.660.35
-0.790.65-0.93-0.92-0.65-0.55-0.720.70.820.490.54-0.83-0.710.74-0.79-0.64-0.04-0.61-0.730.010.710.15-0.79-0.62-0.31
-0.810.92-0.92-0.92-0.61-0.73-0.470.880.860.80.47-0.64-0.440.74-0.85-0.460.47-0.82-0.870.20.990.09-0.86-0.22-0.65
0.99-0.850.880.870.920.860.62-0.73-0.99-0.64-0.460.880.77-0.79-0.850.68-0.220.870.830.04-0.81-0.450.780.350.7
0.72-0.310.560.560.650.410.73-0.49-0.63-0.15-0.090.720.84-0.64-0.460.680.170.410.410.58-0.43-0.20.420.570.44
-0.160.63-0.28-0.22-0.18-0.560.260.620.210.770.560.230.27-0.040.47-0.220.17-0.62-0.570.470.460.3-0.560.73-0.73
0.83-0.920.820.770.840.980.43-0.83-0.84-0.89-0.750.550.45-0.61-0.820.870.41-0.620.95-0.14-0.76-0.630.88-0.120.89
0.78-0.890.90.860.740.890.55-0.88-0.82-0.92-0.80.570.4-0.73-0.870.830.41-0.570.95-0.12-0.82-0.480.930.010.76
0.070.41-0.12-0.090.15-0.10.630.20.050.260.290.180.290.010.20.040.580.47-0.14-0.120.23-0.12-0.280.35-0.02
-0.770.9-0.89-0.9-0.53-0.66-0.420.870.820.780.41-0.6-0.390.710.99-0.81-0.430.46-0.76-0.820.230.0-0.84-0.22-0.6
-0.450.35-0.22-0.14-0.74-0.75-0.230.20.410.390.61-0.27-0.360.150.09-0.45-0.20.3-0.63-0.48-0.120.0-0.340.31-0.62
0.75-0.90.930.90.650.80.43-0.96-0.78-0.87-0.820.510.41-0.79-0.860.780.42-0.560.880.93-0.28-0.84-0.340.030.71
0.390.030.360.410.23-0.130.610.02-0.390.290.270.730.66-0.62-0.220.350.570.73-0.120.010.35-0.220.310.03-0.35
0.68-0.770.560.510.720.890.22-0.76-0.64-0.77-0.570.30.35-0.31-0.650.70.44-0.730.890.76-0.02-0.6-0.620.71-0.35
Click cells to compare fundamentals

I Mab Account Relationship Matchups

I Mab fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B6.3B5.6B4.1B2.6B3.7B
Short Long Term Debt Total132.5M13.6M112.5M75.0M18.9M17.9M
Other Current Liab531.7M567.4M593.3M637.3M402.9M468.7M
Total Current Liabilities588.5M576.1M624.0M659.7M411.8M534.5M
Total Stockholder Equity(2.0B)5.6B4.6B3.0B1.7B1.8B
Other Liab2.5M3.9M125.0M335.8M386.2M405.5M
Net Tangible Assets(1.3B)(2.3B)5.3B4.3B5.0B5.2B
Property Plant And Equipment Net46.5M40.3M158.5M124.0M11.7M11.1M
Current Deferred Revenue3.9M7.5M2.4M8.7M1.6M1.5M
Net Debt(1.0B)(4.7B)(3.4B)(3.1B)(2.0B)(2.1B)
Retained Earnings(2.5B)(2.0B)(4.4B)(6.8B)(8.3B)(7.9B)
Accounts Payable67.7M(3.9M)(2.4M)(33.1M)(29.8M)(28.3M)
Cash1.1B4.8B3.5B3.2B302.1M287.0M
Non Current Assets Total376.3M990.1M847.7M447.2M276.3M262.5M
Non Currrent Assets Other18.3M2.0M26.6M10.9M246.2M258.5M
Other Assets18.3M2.0M26.6M237.3M272.9M286.6M
Cash And Short Term Investments1.2B4.8B4.3B3.4B2.3B2.9B
Net Receivables55.9M130.5M286.9M4.8M2.5M2.4M
Common Stock Shares Outstanding57.8M68.4M76.0M82.5M83.2M71.8M
Short Term Investments32M31.5M753.2M235.4M20.2M19.2M
Liabilities And Stockholders Equity1.7B6.3B5.6B4.1B2.6B3.7B
Non Current Liabilities Total3.2B130.5M417.6M405.6M483.0M458.8M
Capital Lease Obligations14.3M13.6M112.5M56.0M45.0M37.9M
Inventory(55.9M)(422.9M)27.2M(80.3M)12.8M13.4M
Other Current Assets191.8M195.5M190.8M172.5M31.8M30.2M
Other Stockholder Equity(2.7B)5.7B9.1B1.2B10.0B10.5B
Total Liab3.8B706.6M1.0B1.1B894.8M1.4B
Net Invested Capital(1.9B)5.6B4.6B3.0B1.8B1.9B
Property Plant And Equipment Gross46.5M40.3M158.5M124.0M156.4M90.5M
Total Current Assets1.4B5.3B4.8B3.6B2.3B3.2B
Accumulated Other Comprehensive Income70.1M(50.8M)(186.5M)216.7M42.1M24.6M
Net Working Capital772.8M4.8B4.2B3.0B1.9B2.6B
Short Term Debt56.8M(33.6M)30.7M22.4M7.3M7.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether I Mab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of I Mab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of I Mab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on I Mab Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in I Mab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade IMAB Stock refer to our How to Trade IMAB Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Biotechnology 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 I Mab. If investors know IMAB 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 I Mab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.16)
Revenue Per Share
0.043
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.29)
Return On Equity
(0.72)
The market value of I Mab is measured differently than its book value, which is the value of IMAB that is recorded on the company's balance sheet. Investors also form their own opinion of I Mab's value that differs from its market value or its book value, called intrinsic value, which is I Mab'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 I Mab's market value can be influenced by many factors that don't directly affect I Mab'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 I Mab's value and its price as these two are different measures arrived at by different means. Investors typically determine if I Mab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I Mab'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.