Imperial Total Current Assets vs Short Term Debt Analysis
IMPP Stock | USD 3.18 0.02 0.63% |
Imperial Petroleum financial indicator trend analysis is infinitely more than just investigating Imperial Petroleum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imperial Petroleum is a good investment. Please check the relationship between Imperial Petroleum Total Current Assets and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Petroleum guide.
Total Current Assets vs Short Term Debt
Total Current Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imperial Petroleum Total Current Assets account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Imperial Petroleum's Total Current Assets and Short Term Debt is 0.53. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Imperial Petroleum, assuming nothing else is changed. The correlation between historical values of Imperial Petroleum's Total Current Assets and Short Term Debt 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 Current Assets of Imperial Petroleum are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Assets i.e., Imperial Petroleum's Total Current Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Short Term Debt
Most indicators from Imperial Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imperial Petroleum 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 Imperial Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Petroleum guide.At this time, Imperial Petroleum's Selling General Administrative is relatively stable compared to the past year. As of 12/01/2024, Issuance Of Capital Stock is likely to grow to about 54.1 M, though Enterprise Value is likely to grow to (46.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 145.0K | 1.6M | 1.8M | 1.1M | Depreciation And Amortization | 8.7M | 12.3M | 15.6M | 16.4M |
Imperial Petroleum fundamental ratios Correlations
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Imperial Petroleum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Additional Tools for Imperial Stock Analysis
When running Imperial Petroleum's price analysis, check to measure Imperial Petroleum'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 Imperial Petroleum is operating at the current time. Most of Imperial Petroleum's value examination focuses on studying past and present price action to predict the probability of Imperial Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Petroleum's price. Additionally, you may evaluate how the addition of Imperial Petroleum to your portfolios can decrease your overall portfolio volatility.