Income Net Debt vs Total Current Assets Analysis
| IOR Stock | USD 18.95 1.18 6.64% |
Income Opportunity financial indicator trend analysis is infinitely more than just investigating Income Opportunity Realty recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Income Opportunity Realty is a good investment. Please check the relationship between Income Opportunity Net Debt and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Income Opportunity Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Net Debt vs Total Current Assets
Net Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Income Opportunity Realty Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Income Opportunity's Net Debt and Total Current Assets is -0.62. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Income Opportunity Realty, assuming nothing else is changed. The correlation between historical values of Income Opportunity's Net Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Income Opportunity Realty are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., Income Opportunity's Net Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.62 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Income Opportunity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Income Opportunity Realty 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 Income Opportunity Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Income Opportunity's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/24/2024, Enterprise Value is likely to grow to about 58.4 M, while Selling General Administrative is likely to drop slightly above 1.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 5.0M | 6.6M | 7.6M | 5.6M | Tax Provision | 956K | 1.0M | 1.6M | 1.4M |
Income Opportunity fundamental ratios Correlations
Click cells to compare fundamentals
Income Opportunity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Income Opportunity fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 100.3M | 104.5M | 108.1M | 112.0M | 118.1M | 101.1M | |
| Total Stockholder Equity | 100.2M | 104.5M | 108.1M | 112.0M | 118.1M | 64.2M | |
| Net Debt | (4K) | (5K) | (12K) | (6K) | (71K) | (67.5K) | |
| Retained Earnings | 38.3M | 42.5M | 46.1M | 50.0M | 57.0M | 59.9M | |
| Liabilities And Stockholders Equity | 100.3M | 104.5M | 108.1M | 112.0M | 118.1M | 101.1M | |
| Total Liab | 10K | 26K | 14K | 12K | 4K | 0.0 | |
| Non Current Assets Total | 0.0 | 14.0K | 13.9M | 11.2M | 10.1M | 9.6M | |
| Non Currrent Assets Other | (100.2M) | (90.5M) | (96.9M) | (100.8M) | 11.2M | 11.7M | |
| Other Assets | 14.0M | (14.0K) | (13.9M) | 11.2M | 12.8M | 11.5M | |
| Cash And Short Term Investments | 4K | 5K | 12K | 6K | 71K | 67.5K | |
| Total Current Assets | 100.3M | 104.5M | 96.9M | 100.8M | 106.9M | 112.3M | |
| Total Current Liabilities | 10K | 26K | 14K | 12K | 4K | 0.0 | |
| Cash | 4K | 5K | 12K | 6K | 71K | 67.5K | |
| Net Receivables | 100.3M | 104.5M | 96.9M | 100.8M | 293K | 278.4K | |
| Other Current Assets | (100.3M) | (104.5M) | 96.3M | 100.1M | 106.5M | 111.9M | |
| Accounts Payable | 10K | 26K | 14K | 12K | 4K | 0.0 | |
| Net Tangible Assets | 100.2M | 104.5M | 108.1M | 112.0M | 128.8M | 86.0M | |
| Retained Earnings Total Equity | 34.1M | 38.3M | 42.5M | 50.0M | 57.5M | 60.4M | |
| Cash And Equivalents | 4K | 5K | 12K | 6K | 6.9K | 5.0K | |
| Net Invested Capital | 100.2M | 104.5M | 108.1M | 112.0M | 118.1M | 114.2M | |
| Net Working Capital | 100.2M | 104.5M | 96.9M | 100.8M | 106.9M | 105.1M |
Pair Trading with Income Opportunity
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Income Opportunity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Income Opportunity will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Income Opportunity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Income Opportunity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Income Opportunity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Income Opportunity Realty to buy it.
The correlation of Income Opportunity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Income Opportunity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Income Opportunity Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Income Opportunity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Income Stock Analysis
When running Income Opportunity's price analysis, check to measure Income Opportunity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Income Opportunity is operating at the current time. Most of Income Opportunity's value examination focuses on studying past and present price action to predict the probability of Income Opportunity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Income Opportunity's price. Additionally, you may evaluate how the addition of Income Opportunity to your portfolios can decrease your overall portfolio volatility.