IperionX Total Current Liabilities vs Cash And Short Term Investments Analysis

IPX Stock  USD 29.38  0.85  2.98%   
IperionX Limited financial indicator trend analysis is infinitely more than just investigating IperionX Limited American recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IperionX Limited American is a good investment. Please check the relationship between IperionX Limited Total Current Liabilities and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IperionX Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Total Current Liabilities vs Cash And Short Term Investments

Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IperionX Limited American Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IperionX Limited's Total Current Liabilities and Cash And Short Term Investments is 0.92. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of IperionX Limited American, assuming nothing else is changed. The correlation between historical values of IperionX Limited's Total Current Liabilities and Cash And Short Term Investments 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 IperionX Limited American are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., IperionX Limited's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on IperionX Limited balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IperionX Limited American 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of IperionX Limited American balance sheet. This account contains IperionX Limited investments that will expire within one year. These investments include stocks and bonds that can be liquidated by IperionX Limited American fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from IperionX Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IperionX Limited American 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 IperionX Limited American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, IperionX Limited's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 299.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.2 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization211.6K634.1K657.2K690.0K
Interest Income24.0K139.7K546.0K573.3K

IperionX Limited fundamental ratios Correlations

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Click cells to compare fundamentals

IperionX Limited Account Relationship Matchups

IperionX Limited fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0M3.7M9.9M34.3M55.4M58.2M
Other Current Liab18.1K(81.1K)268.0K1.4M1.3M1.4M
Total Current Liabilities65.0K368.0K2.1M2.5M3.1M3.2M
Total Stockholder Equity2.0M1.8M7.4M30.9M51.3M53.9M
Net Tangible Assets2.9M1.8M7.4M20.6M23.6M24.8M
Property Plant And Equipment Net862.8K1.0M3.8M6.0M13.9M14.6M
Net Debt(1.1M)(1.2M)(5.1M)(16.5M)(31.7M)(30.1M)
Retained Earnings(2.0M)(13.2M)(34.8M)(78.4M)(73.9M)(70.2M)
Accounts Payable3.8K286.8K1.7M711.0K1.3M1.4M
Cash1.1M1.7M5.7M17.9M33.2M34.8M
Non Current Assets Total862.8K1.0M4.1M15.1M13.9M14.6M
Cash And Short Term Investments1.1M1.7M5.7M17.9M33.2M34.8M
Net Receivables29.2K341.022.5K228.4K2.3M2.4M
Common Stock Shares Outstanding3.1M132.0M134.6M168.0M217.8M228.7M
Liabilities And Stockholders Equity2.0M3.7M9.9M34.3M55.4M58.2M
Non Current Liabilities Total21.7K394.5K408.8K890.4K1.0M1.1M
Inventory(27.16)(33.58)(65.4K)(65.5K)16.9K17.8K
Other Current Assets17.1K49.4K144.2K588.4K6.1M6.4M
Total Liab65.0K762.5K2.5M3.4M4.1M4.3M
Net Invested Capital2.0M1.8M8.0M20.6M51.4M53.9M
Total Current Assets1.2M1.7M5.8M19.2M41.5M43.6M
Accumulated Other Comprehensive Income841.1K4.7M12.4M21.0M12.3M8.3M
Net Working Capital1.1M1.1M3.8M11.1M38.5M40.4M
Common Stock3.1M10.3M29.8M88.3M113.0M118.6M
Property Plant Equipment1.3M1.0M3.8M7.0M8.1M8.5M
Capital Stock3.1M10.3M29.8M58.8M113.0M118.6M

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