Ideal Accounts Payable vs Net Tangible Assets Analysis
IPWR Stock | USD 6.31 0.29 4.82% |
Ideal Power financial indicator trend analysis is infinitely more than just investigating Ideal Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ideal Power is a good investment. Please check the relationship between Ideal Power Accounts Payable and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideal Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Ideal Stock, please use our How to Invest in Ideal Power guide.
Accounts Payable vs Net Tangible Assets
Accounts Payable vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideal Power Accounts Payable account and Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ideal Power's Accounts Payable and Net Tangible Assets is 0.26. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Ideal Power, assuming nothing else is changed. The correlation between historical values of Ideal Power's Accounts Payable and Net Tangible 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 Accounts Payable of Ideal Power are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accounts Payable i.e., Ideal Power's Accounts Payable and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Ideal Power obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ideal Power are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Ideal Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ideal Power 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 Ideal Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Ideal Stock, please use our How to Invest in Ideal Power guide.At this time, Ideal Power's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/01/2024, Enterprise Value is likely to grow to about 41.8 M, while Selling General Administrative is likely to drop slightly above 3 M.
Ideal Power fundamental ratios Correlations
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Ideal Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ideal Power fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.3M | 5.1M | 25.9M | 19.4M | 12.2M | 12.3M | |
Other Current Liab | 319.1K | 393.4K | 219.4K | 189.6K | 384.4K | 460.4K | |
Total Current Liabilities | 685.2K | 659.5K | 542.9K | 449.3K | 930.9K | 905.8K | |
Total Stockholder Equity | 3.9M | 3.8M | 24.1M | 17.9M | 10.1M | 10.4M | |
Property Plant And Equipment Net | 307.6K | 116.8K | 363.3K | 448.8K | 545.8K | 417.8K | |
Net Debt | (2.8M) | (3.0M) | (22.8M) | (16.1M) | (8.3M) | (8.7M) | |
Retained Earnings | (67.3M) | (75.1M) | (79.9M) | (87.1M) | (97.0M) | (92.2M) | |
Accounts Payable | 183.0K | 102.0K | 130.5K | 130.5K | 405.1K | 313.5K | |
Cash | 3.1M | 3.2M | 23.2M | 16.3M | 8.5M | 9.4M | |
Non Current Assets Total | 2.0M | 1.7M | 2.4M | 2.5M | 3.1M | 2.0M | |
Cash And Short Term Investments | 3.1M | 3.2M | 23.2M | 16.3M | 8.5M | 9.4M | |
Net Receivables | 0.0 | 170.3K | 233.3K | 65.9K | 70K | 66.5K | |
Common Stock Total Equity | 14.0K | 14.0K | 2.1K | 3.3K | 3.8K | 3.6K | |
Common Stock Shares Outstanding | 1.7M | 3.5M | 5.9M | 6.2M | 6.2M | 6.5M | |
Liabilities And Stockholders Equity | 5.3M | 5.1M | 25.9M | 19.4M | 12.2M | 12.3M | |
Non Current Liabilities Total | 691.3K | 643.4K | 1.2M | 1.0M | 1.3M | 910.1K | |
Other Stockholder Equity | 71.2M | 79.0M | 104.1M | 105.0M | 107.1M | 66.0M | |
Total Liab | 1.4M | 1.3M | 1.7M | 1.5M | 2.2M | 1.4M | |
Property Plant And Equipment Gross | 307.6K | 116.8K | 363.3K | 448.8K | 516.1K | 402.6K | |
Total Current Assets | 3.3M | 3.4M | 23.4M | 16.9M | 9.1M | 10.3M | |
Intangible Assets | 1.6M | 1.6M | 2.1M | 2.0M | 2.6M | 1.6M | |
Common Stock | 2.1K | 3.3K | 5.9K | 5.9K | 6.0K | 7.7K | |
Property Plant Equipment | 47.3K | 116.8K | 363.3K | 448.8K | 516.1K | 378.7K | |
Other Current Assets | 248.1K | 118.9K | 66.2K | 873.0K | 482.9K | 507.0K | |
Net Tangible Assets | 2.3M | 2.3M | 22.1M | 15.9M | 18.3M | 10.9M | |
Retained Earnings Total Equity | (55.5M) | (63.4M) | (67.3M) | (75.1M) | (67.6M) | (71.0M) | |
Capital Surpluse | 67.1M | 68.0M | 71.2M | 79.0M | 90.8M | 62.2M | |
Other Liab | 609.2K | 552.0K | 917.1K | 838.5K | 964.2K | 639.0K | |
Net Invested Capital | 3.9M | 3.9M | 24.1M | 17.9M | 20.6M | 12.1M | |
Net Working Capital | 2.6M | 2.8M | 22.9M | 16.5M | 18.9M | 10.6M | |
Capital Stock | 2.1K | 3.3K | 5.9K | 5.9K | 5.3K | 5.2K |
Additional Tools for Ideal Stock Analysis
When running Ideal Power's price analysis, check to measure Ideal Power'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 Ideal Power is operating at the current time. Most of Ideal Power's value examination focuses on studying past and present price action to predict the probability of Ideal Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ideal Power's price. Additionally, you may evaluate how the addition of Ideal Power to your portfolios can decrease your overall portfolio volatility.