Immatics Depreciation And Amortization vs Total Revenue Analysis
IMTXW Stock | USD 0.34 0.08 19.05% |
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 Depreciation And Amortization and its Total Revenue 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.
Depreciation And Amortization vs Total Revenue
Depreciation And Amortization vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immatics Biotechnologies Depreciation And Amortization account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Immatics Biotechnologies' Depreciation And Amortization and Total Revenue is 0.79. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue 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' Depreciation And Amortization and Total Revenue 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 immatics biotechnologies GmbH are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., Immatics Biotechnologies' Depreciation And Amortization and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
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.Total Revenue
Total revenue comprises all receipts Immatics Biotechnologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 Income | 5.7M | 9.4M | 13.8M | 14.5M | Net Interest Income | 3.9M | 1.1M | 13.0M | 13.7M |
Immatics Biotechnologies fundamental ratios Correlations
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Immatics Biotechnologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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