Immersion Net Debt vs Net Invested Capital Analysis
IMMR Stock | USD 9.09 0.14 1.56% |
Immersion financial indicator trend analysis is infinitely more than just investigating Immersion recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immersion is a good investment. Please check the relationship between Immersion Net Debt and its Net Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immersion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Immersion Stock, please use our How to Invest in Immersion guide.
Net Debt vs Net Invested Capital
Net Debt vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immersion Net Debt account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Immersion's Net Debt and Net Invested Capital is -0.6. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Immersion, assuming nothing else is changed. The correlation between historical values of Immersion's Net Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Immersion are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Debt i.e., Immersion's Net Debt and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Immersion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immersion 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 Immersion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Immersion Stock, please use our How to Invest in Immersion guide.At this time, Immersion's Selling General Administrative is relatively stable compared to the past year. As of 12/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.81, while Tax Provision is likely to drop slightly above 639.4 K.
2021 | 2022 | 2023 | 2024 (projected) | |
Gross Profit | 35.0M | 38.5M | 33.6M | 34.5M |
Total Revenue | 35.1M | 38.5M | 33.9M | 38.0M |
Immersion fundamental ratios Correlations
Click cells to compare fundamentals
Immersion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Immersion fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 124.8M | 96.1M | 175.5M | 190.1M | 215.7M | 226.5M | |
Other Current Liab | 5.2M | 2.1M | 8.6M | 11.3M | 13.3M | 13.9M | |
Total Current Liabilities | 11.8M | 8.8M | 16.6M | 19.3M | 19.3M | 12.5M | |
Total Stockholder Equity | 83.8M | 64.0M | 141.3M | 157.7M | 183.1M | 192.3M | |
Property Plant And Equipment Net | 1.2M | 209K | 444K | 293K | 247K | 234.7K | |
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 Payable | 809K | 149K | 2K | 86K | 47K | 44.7K | |
Cash | 86.5M | 59.5M | 51.5M | 48.8M | 56.1M | 39.9M | |
Non Current Assets Total | 17.9M | 21.8M | 22.2M | 29.8M | 43.3M | 45.4M | |
Non Currrent Assets Other | 16.2M | 18.9M | 12.1M | 5.2M | 6.3M | 4.3M | |
Cash And Short Term Investments | 89.5M | 59.5M | 137.9M | 149.7M | 160.4M | 168.4M | |
Net Receivables | 3.4M | 13.2M | 14.4M | 8.7M | 10.0M | 10.5M | |
Common Stock Total Equity | 253.3M | 258.8M | 323.3M | 322.7M | 371.1M | 188.1M | |
Common Stock Shares Outstanding | 31.5M | 28.5M | 31.8M | 33.5M | 32.5M | 28.3M | |
Short Term Investments | 3.0M | 0.0 | 86.4M | 100.9M | 104.3M | 109.5M | |
Liabilities And Stockholders Equity | 124.8M | 96.1M | 175.5M | 190.1M | 215.7M | 226.5M | |
Other Current Assets | 14.1M | 1.6M | 984K | 1.9M | 2.1M | 3.6M | |
Other Stockholder Equity | (48.4M) | (51.1M) | (81.7M) | (95.2M) | (104.7M) | (99.5M) | |
Total Liab | 41.1M | 32.1M | 34.2M | 32.4M | 32.6M | 33.5M | |
Property Plant And Equipment Gross | 3.4M | 1.8M | 444K | 293K | 247K | 234.7K | |
Total Current Assets | 107.0M | 74.4M | 153.3M | 160.3M | 172.5M | 181.1M | |
Accumulated Other Comprehensive Income | 124K | 122K | 412K | 202K | 1.7M | 1.8M | |
Common Stock | 253.3M | 258.8M | 323.3M | 322.7M | 322.2M | 193.8M | |
Other Liab | 26.6M | 21.7M | 17.6M | 13.0M | 15.0M | 20.1M | |
Other Assets | 14.5M | 21.6M | 21.8M | 12.1M | 13.9M | 9.5M | |
Non Current Liabilities Total | 29.3M | 23.4M | 17.6M | 13.1M | 13.3M | 16.5M | |
Short Term Debt | 1.2M | 1.4M | 1.1M | 486K | 39K | 37.1K | |
Property Plant Equipment | 1.2M | 209K | 444K | 293K | 263.7K | 250.5K | |
Current Deferred Revenue | 4.7M | 5.2M | 4.8M | 4.8M | 4.2M | 5.3M | |
Treasury Stock | (48.4M) | (51.1M) | (81.7M) | (95.2M) | (85.7M) | (81.4M) | |
Net Tangible Assets | 83.8M | 64.0M | 141.3M | 157.7M | 181.4M | 190.4M | |
Retained Earnings Total Equity | (118.6M) | (113.2M) | (100.7M) | (70.0M) | (80.5M) | (84.5M) | |
Non Current Liabilities Other | 29.3M | 23.4M | 17.6M | 13.1M | 4.9M | 4.7M |
Pair Trading with Immersion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Immersion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Immersion will appreciate offsetting losses from the drop in the long position's value.Moving together with Immersion Stock
Moving against Immersion Stock
0.69 | DM | Desktop Metal | PairCorr |
0.63 | VRME | VerifyMe | PairCorr |
0.61 | VISL | Vislink Technologies | PairCorr |
0.45 | CDW | CDW Corp | PairCorr |
0.36 | DSWL | Deswell Industries | PairCorr |
The ability to find closely correlated positions to Immersion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immersion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Immersion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Immersion to buy it.
The correlation of Immersion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Immersion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immersion moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Immersion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.