Immatics Common Stock Shares Outstanding vs Capital Lease Obligations Analysis

IMTXW Stock  USD 0.50  0.10  25.00%   
Immatics Biotechnologies financial indicator trend analysis is infinitely more than just investigating Immatics Biotechnologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Immatics Biotechnologies is a good investment. Please check the relationship between Immatics Biotechnologies Common Stock Shares Outstanding and its Capital Lease Obligations accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in immatics biotechnologies GmbH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Common Stock Shares Outstanding vs Capital Lease Obligations

Common Stock Shares Outstanding vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immatics Biotechnologies Common Stock Shares Outstanding account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Immatics Biotechnologies' Common Stock Shares Outstanding and Capital Lease Obligations is 0.61. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of immatics biotechnologies GmbH, assuming nothing else is changed. The correlation between historical values of Immatics Biotechnologies' Common Stock Shares Outstanding and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of immatics biotechnologies GmbH are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Common Stock Shares Outstanding i.e., Immatics Biotechnologies' Common Stock Shares Outstanding and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Capital Lease Obligations

Immatics Biotechnologies capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Immatics Biotechnologies asset purchases. For example, Immatics Biotechnologies can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Immatics Biotechnologies control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Immatics Biotechnologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Immatics Biotechnologies 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 immatics biotechnologies GmbH. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Sales General And Administrative To Revenue is likely to climb to 1.03 in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income5.7M9.4M13.8M14.5M
Net Interest Income3.9M1.1M13.0M13.7M

Immatics Biotechnologies fundamental ratios Correlations

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0.880.780.650.540.880.640.771.0-0.52-0.490.840.550.870.690.760.850.780.610.65-0.540.740.570.640.810.77
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0.660.780.690.630.80.70.960.77-0.84-0.760.50.760.820.420.760.650.660.330.69-0.460.90.710.810.70.76
0.591.00.940.780.880.980.850.71-0.8-0.840.310.860.930.71.00.550.950.130.94-0.440.920.930.770.980.76
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Immatics Biotechnologies Account Relationship Matchups

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