Intellinetics Total Revenue vs Tax Provision Analysis

INLX Stock  USD 15.35  0.50  3.37%   
Intellinetics financial indicator trend analysis is infinitely more than just investigating Intellinetics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intellinetics is a good investment. Please check the relationship between Intellinetics Total Revenue and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intellinetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Intellinetics Stock please use our How to Invest in Intellinetics guide.

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intellinetics Total Revenue account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Intellinetics' Total Revenue and Tax Provision is 0.94. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Intellinetics, assuming nothing else is changed. The correlation between historical values of Intellinetics' Total Revenue and Tax Provision 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 Revenue of Intellinetics are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Revenue i.e., Intellinetics' Total Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Intellinetics 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Intellinetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intellinetics 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 Intellinetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Intellinetics Stock please use our How to Invest in Intellinetics guide.At this time, Intellinetics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 12.63 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.0M1.4M1.6M1.7M
Research Development345.7K253.8K559.0K423.1K

Intellinetics fundamental ratios Correlations

0.3-0.730.160.550.660.8-0.110.560.380.790.450.450.570.620.750.890.580.510.550.550.44-0.320.040.470.12
0.3-0.39-0.380.930.760.59-0.670.93-0.480.50.510.510.880.790.480.060.10.830.930.940.9-0.010.280.920.62
-0.73-0.390.13-0.65-0.89-0.880.16-0.65-0.18-0.81-0.77-0.77-0.77-0.77-0.87-0.57-0.5-0.65-0.55-0.6-0.40.4-0.32-0.54-0.49
0.16-0.380.13-0.26-0.260.020.6-0.240.180.01-0.23-0.23-0.25-0.18-0.070.03-0.23-0.3-0.2-0.24-0.15-0.03-0.2-0.27-0.31
0.550.93-0.65-0.260.910.84-0.591.0-0.290.760.640.640.980.90.730.290.310.940.950.990.88-0.050.340.960.7
0.660.76-0.89-0.260.910.9-0.420.91-0.110.810.770.770.970.930.840.420.380.860.850.880.73-0.30.350.840.63
0.80.59-0.880.020.840.9-0.30.840.090.930.740.740.880.820.940.570.530.840.740.820.61-0.140.370.720.64
-0.11-0.670.160.6-0.59-0.42-0.3-0.580.13-0.17-0.36-0.36-0.52-0.35-0.220.02-0.23-0.63-0.51-0.6-0.45-0.28-0.16-0.57-0.53
0.560.93-0.65-0.241.00.910.84-0.58-0.290.750.670.670.980.90.740.290.30.930.951.00.88-0.070.350.940.7
0.38-0.48-0.180.18-0.29-0.110.090.13-0.29-0.030.070.07-0.25-0.310.070.380.23-0.12-0.4-0.3-0.50.07-0.51-0.41-0.29
0.790.5-0.810.010.760.810.93-0.170.75-0.030.540.540.770.80.920.660.610.720.710.730.61-0.160.510.70.55
0.450.51-0.77-0.230.640.770.74-0.360.670.070.541.00.750.60.80.280.310.730.510.640.3-0.170.330.430.72
0.450.51-0.77-0.230.640.770.74-0.360.670.070.541.00.750.60.80.280.310.730.510.640.3-0.170.330.430.72
0.570.88-0.77-0.250.980.970.88-0.520.98-0.250.770.750.750.920.790.310.320.920.910.960.81-0.150.360.920.71
0.620.79-0.77-0.180.90.930.82-0.350.9-0.310.80.60.60.920.750.380.260.740.930.880.86-0.420.440.870.53
0.750.48-0.87-0.070.730.840.94-0.220.740.070.920.80.80.790.750.620.60.770.640.720.47-0.160.510.590.69
0.890.06-0.570.030.290.420.570.020.290.380.660.280.280.310.380.620.720.280.290.290.19-0.290.040.23-0.06
0.580.1-0.5-0.230.310.380.53-0.230.30.230.610.310.310.320.260.60.720.390.190.30.090.050.280.270.34
0.510.83-0.65-0.30.940.860.84-0.630.93-0.120.720.730.730.920.740.770.280.390.790.930.670.210.280.850.8
0.550.93-0.55-0.20.950.850.74-0.510.95-0.40.710.510.510.910.930.640.290.190.790.960.97-0.240.380.940.54
0.550.94-0.6-0.240.990.880.82-0.61.0-0.30.730.640.640.960.880.720.290.30.930.960.89-0.040.340.940.69
0.440.9-0.4-0.150.880.730.61-0.450.88-0.50.610.30.30.810.860.470.190.090.670.970.89-0.240.330.930.41
-0.32-0.010.4-0.03-0.05-0.3-0.14-0.28-0.070.07-0.16-0.17-0.17-0.15-0.42-0.16-0.290.050.21-0.24-0.04-0.24-0.18-0.040.28
0.040.28-0.32-0.20.340.350.37-0.160.35-0.510.510.330.330.360.440.510.040.280.280.380.340.33-0.180.310.63
0.470.92-0.54-0.270.960.840.72-0.570.94-0.410.70.430.430.920.870.590.230.270.850.940.940.93-0.040.310.59
0.120.62-0.49-0.310.70.630.64-0.530.7-0.290.550.720.720.710.530.69-0.060.340.80.540.690.410.280.630.59
Click cells to compare fundamentals

Intellinetics Account Relationship Matchups

Intellinetics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities7.3M3.6M3.6M6.0M4.4M4.6M
Total Stockholder Equity(6.4M)1.2M2.7M8.6M9.8M10.2M
Retained Earnings(20.8M)(23.0M)(21.6M)(21.6M)(21.1M)(20.0M)
Accounts Payable371.0K141.8K181.5K370.3K194.5K275.3K
Common Stock Shares Outstanding370.3K2.4M3.1M4.3M4.7M4.9M
Other Stockholder Equity14.4M24.1M24.3M30.2M30.8M32.4M
Total Liab7.4M9.2M9.3M11.4M9.3M9.7M
Common Stock31.5K2.8K2.8K4.1K4.1K3.9K
Total Assets986.6K10.3M12.0M19.9M19.0M20.0M
Other Current Liab1.3M869.3K949.0K512.0K(260.5K)(247.5K)
Net Debt4.5M3.2M3.9M4.3M4.4M4.7M
Cash404.2K1.9M1.8M2.7M1.2M687.6K
Cash And Short Term Investments404.2K1.9M1.8M2.7M1.2M687.6K
Liabilities And Stockholders Equity986.6K10.3M12.0M19.9M19.0M20.0M
Total Current Assets872.1K3.5M3.7M4.9M5.0M5.3M
Other Current Assets138.4K162.2K155.6K325.5K367.5K385.9K
Short Long Term Debt Total4.9M5.1M5.7M7.0M5.7M3.7M
Short Term Debt4.9M1.6M1.2M2.4M1.5M1.4M
Other Liab100.3K502.3K1.6M671.9K772.6K499.0K
Property Plant And Equipment Net104.2K3.3M4.9M4.4M3.7M3.9M
Current Deferred Revenue754.1K996.1K1.2M2.8M2.9M3.1M
Non Current Assets Total114.4K6.9M8.3M15.1M14.0M14.7M
Net Receivables329.6K1.3M1.7M1.8M3.3M3.5M
Non Current Liabilities Total53.3K5.6M5.7M5.4M4.9M3.2M
Property Plant Equipment104.2K698.8K4.9M4.4M5.1M5.3M
Net Tangible Assets(6.4M)(2.4M)(629.6K)(2.0M)(2.3M)(2.5M)
Common Stock Total Equity30.4K30.7K31.5K2.8K2.5K2.4K
Retained Earnings Total Equity(16.3M)(18.7M)(20.8M)(23.0M)(20.7M)(21.7M)
Capital Surpluse13.6M14.1M14.4M24.1M27.8M14.0M
Non Current Liabilities Other502.3K53.3K3.8M671.9K772.6K777.4K
Short Long Term Debt46.8K4.8M580.6K937.0K1.1M1.5M
Net Invested Capital(1.6M)3.5M4.4M12.1M12.5M13.1M
Net Working Capital(6.4M)(159.3K)126.9K(1.1M)617.6K648.5K
Capital Stock31.5K2.8K2.8K4.1K4.1K3.9K

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