Immatics Total Current Liabilities 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 Total Current Liabilities 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.

Total Current Liabilities vs Total Revenue

Total Current Liabilities vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Immatics Biotechnologies Total Current Liabilities account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Immatics Biotechnologies' Total Current Liabilities and Total Revenue is 0.57. Overlapping area represents the amount of variation of Total Current Liabilities 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' Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities i.e., Immatics Biotechnologies' Total Current Liabilities and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Immatics Biotechnologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of immatics biotechnologies GmbH are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Income5.7M9.4M13.8M14.5M
Net Interest Income3.9M1.1M13.0M13.7M

Immatics Biotechnologies fundamental ratios Correlations

0.620.610.580.850.470.70.9-0.25-0.410.80.240.750.710.590.310.710.410.61-0.860.670.460.880.470.660.59
0.620.940.80.90.980.860.73-0.8-0.840.330.860.940.691.00.330.950.130.94-0.460.930.930.780.980.781.0
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0.850.90.910.880.820.890.86-0.64-0.790.540.690.980.620.870.240.870.150.91-0.730.890.840.880.820.80.88
0.470.980.950.810.820.810.58-0.81-0.880.140.880.880.620.990.190.92-0.040.95-0.390.90.960.641.00.70.98
0.70.860.840.80.890.810.73-0.85-0.880.390.790.890.490.840.260.770.130.84-0.60.970.840.770.810.960.85
0.90.730.60.510.860.580.73-0.45-0.430.880.480.830.670.70.640.740.630.6-0.570.690.511.00.580.770.71
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0.240.860.780.690.690.880.790.48-0.97-0.870.070.810.250.860.310.660.00.78-0.090.80.890.550.880.760.86
0.750.940.920.860.980.880.890.83-0.74-0.830.480.810.580.930.310.870.160.92-0.580.90.890.870.880.820.93
0.710.690.610.360.620.620.490.67-0.21-0.310.510.250.580.70.360.870.390.61-0.570.620.460.690.620.420.7
0.591.00.940.780.870.990.840.7-0.8-0.840.30.860.930.70.330.950.120.94-0.430.920.930.760.990.761.0
0.310.330.01-0.210.240.190.260.64-0.310.080.720.310.310.360.330.290.930.010.220.210.020.650.190.460.33
0.710.950.910.720.870.920.770.74-0.6-0.710.40.660.870.870.950.290.180.91-0.580.870.830.780.920.660.95
0.410.13-0.16-0.340.15-0.040.130.63-0.020.30.830.00.160.390.120.930.18-0.160.080.07-0.210.61-0.040.330.13
0.610.941.00.940.910.950.840.6-0.72-0.920.170.780.920.610.940.010.91-0.16-0.630.920.970.650.950.690.94
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0.670.930.920.820.890.90.970.69-0.84-0.910.30.80.90.620.920.210.870.070.92-0.60.90.740.90.90.92
0.460.930.970.920.840.960.840.51-0.84-0.960.050.890.890.460.930.020.83-0.210.97-0.460.90.570.960.710.93
0.880.780.650.540.880.640.771.0-0.52-0.490.840.550.870.690.760.650.780.610.65-0.540.740.570.640.810.77
0.470.980.950.810.821.00.810.58-0.81-0.880.140.880.880.620.990.190.92-0.040.95-0.390.90.960.640.70.98
0.660.780.690.630.80.70.960.77-0.84-0.760.50.760.820.420.760.460.660.330.69-0.460.90.710.810.70.76
0.591.00.940.780.880.980.850.71-0.8-0.840.310.860.930.71.00.330.950.130.94-0.440.920.930.770.980.76
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Immatics Biotechnologies Account Relationship Matchups

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