| IMR Stock | | | 1.14 0.02 1.72% |
Imricor Medical financial indicator trend analysis is infinitely more than just investigating Imricor Medical Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imricor Medical Systems is a good investment. Please check the relationship between Imricor Medical Depreciation And Amortization and its Operating Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imricor Medical Systems. 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.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Imricor Medical Systems Depreciation And Amortization account and
Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Imricor Medical's Depreciation And Amortization and Operating Income is -0.91. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Imricor Medical Systems, assuming nothing else is changed. The correlation between historical values of Imricor Medical's Depreciation And Amortization and Operating 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 Depreciation And Amortization of Imricor Medical Systems are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Imricor Medical's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.91 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Operating Income
Operating Income is the amount of profit realized from Imricor Medical Systems operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Imricor Medical Systems is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Imricor Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imricor Medical Systems 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 Imricor Medical Systems. 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.
Issuance Of Capital Stock is likely to gain to about 10.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.9
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 918.1K | 1.0M | 707.5K | 525.5K | Interest Income | 16.7K | 108.0K | 63.0K | 59.9K |
Imricor Medical fundamental ratios Correlations
Click cells to compare fundamentals
Imricor Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Imricor Medical fundamental ratios Accounts
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Additional Tools for Imricor Stock Analysis
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