Iron Selling General Administrative vs Net Receivables Analysis

IRD Stock   0.06  0  5.08%   
Iron Road financial indicator trend analysis is infinitely more than just investigating Iron Road recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iron Road is a good investment. Please check the relationship between Iron Road Selling General Administrative and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Road. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative vs Net Receivables

Selling General Administrative vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iron Road Selling General Administrative account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Iron Road's Selling General Administrative and Net Receivables is 0.47. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Iron Road, assuming nothing else is changed. The correlation between historical values of Iron Road's Selling General Administrative and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Iron Road are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Selling General Administrative i.e., Iron Road's Selling General Administrative and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Net Receivables

Most indicators from Iron Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iron Road 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 Iron Road. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 498.7 K in 2024. Issuance Of Capital Stock is likely to drop to about 790.2 K in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses3.9M2.7M2.3M4.0M
Total Revenue38.01.0M817.4K858.3K

Iron Road fundamental ratios Correlations

0.230.291.00.370.37-0.75-0.16-0.350.990.0-0.45-0.11-0.250.980.920.30.99-0.130.980.98-0.51-0.520.06-0.32-0.18
0.23-0.070.240.01-0.33-0.180.480.130.210.090.080.050.480.190.15-0.060.210.10.230.21-0.03-0.030.01-0.150.21
0.29-0.070.230.150.73-0.230.3-0.440.34-0.11-0.09-0.40.130.290.211.00.33-0.390.240.31-0.28-0.29-0.110.01-0.55
1.00.240.230.370.33-0.74-0.18-0.330.990.0-0.45-0.09-0.260.980.920.230.99-0.110.980.98-0.51-0.510.07-0.33-0.14
0.370.010.150.370.160.020.05-0.140.35-0.69-0.140.030.060.380.180.160.350.060.270.380.090.090.240.59-0.04
0.37-0.330.730.330.16-0.53-0.25-0.890.470.06-0.3-0.77-0.50.440.490.710.47-0.790.410.46-0.69-0.70.14-0.19-0.45
-0.75-0.18-0.23-0.740.02-0.530.250.68-0.79-0.540.40.510.49-0.78-0.9-0.22-0.80.49-0.85-0.810.890.89-0.420.75-0.13
-0.160.480.3-0.180.05-0.250.250.28-0.17-0.140.230.030.9-0.21-0.350.3-0.170.12-0.22-0.180.210.21-0.10.20.07
-0.350.13-0.44-0.33-0.14-0.890.680.28-0.47-0.240.330.910.58-0.44-0.56-0.42-0.470.9-0.45-0.480.860.85-0.370.340.16
0.990.210.340.990.350.47-0.79-0.17-0.470.03-0.45-0.25-0.30.990.940.341.0-0.270.990.99-0.61-0.610.07-0.35-0.21
0.00.09-0.110.0-0.690.06-0.54-0.14-0.240.030.01-0.27-0.260.040.24-0.130.03-0.230.140.06-0.48-0.480.44-0.940.52
-0.450.08-0.09-0.45-0.14-0.30.40.230.33-0.450.010.140.23-0.45-0.5-0.1-0.460.15-0.46-0.450.340.34-0.120.210.08
-0.110.05-0.4-0.090.03-0.770.510.030.91-0.25-0.270.140.36-0.2-0.31-0.37-0.250.99-0.22-0.260.80.8-0.270.30.13
-0.250.480.13-0.260.06-0.50.490.90.58-0.3-0.260.230.36-0.32-0.50.15-0.30.44-0.35-0.30.550.55-0.190.330.1
0.980.190.290.980.380.44-0.78-0.21-0.440.990.04-0.45-0.2-0.320.960.290.99-0.220.991.0-0.58-0.580.11-0.36-0.13
0.920.150.210.920.180.49-0.9-0.35-0.560.940.24-0.5-0.31-0.50.960.20.95-0.340.980.95-0.74-0.740.17-0.54-0.07
0.3-0.061.00.230.160.71-0.220.3-0.420.34-0.13-0.1-0.370.150.290.20.33-0.360.250.31-0.26-0.26-0.110.03-0.55
0.990.210.330.990.350.47-0.8-0.17-0.471.00.03-0.46-0.25-0.30.990.950.33-0.270.990.99-0.61-0.620.08-0.35-0.2
-0.130.1-0.39-0.110.06-0.790.490.120.9-0.27-0.230.150.990.44-0.22-0.34-0.36-0.27-0.24-0.270.80.8-0.140.280.24
0.980.230.240.980.270.41-0.85-0.22-0.450.990.14-0.46-0.22-0.350.990.980.250.99-0.240.99-0.64-0.640.13-0.46-0.09
0.980.210.310.980.380.46-0.81-0.18-0.480.990.06-0.45-0.26-0.31.00.950.310.99-0.270.99-0.62-0.620.15-0.37-0.11
-0.51-0.03-0.28-0.510.09-0.690.890.210.86-0.61-0.480.340.80.55-0.58-0.74-0.26-0.610.8-0.64-0.621.0-0.330.640.01
-0.52-0.03-0.29-0.510.09-0.70.890.210.85-0.61-0.480.340.80.55-0.58-0.74-0.26-0.620.8-0.64-0.621.0-0.310.630.02
0.060.01-0.110.070.240.14-0.42-0.1-0.370.070.44-0.12-0.27-0.190.110.17-0.110.08-0.140.130.15-0.33-0.31-0.370.74
-0.32-0.150.01-0.330.59-0.190.750.20.34-0.35-0.940.210.30.33-0.36-0.540.03-0.350.28-0.46-0.370.640.63-0.37-0.37
-0.180.21-0.55-0.14-0.04-0.45-0.130.070.16-0.210.520.080.130.1-0.13-0.07-0.55-0.20.24-0.09-0.110.010.020.74-0.37
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Iron Road Account Relationship Matchups

Iron Road fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets132.2M137.3M135.7M135.8M134.8M105.9M
Other Current Liab314.7K771.1K1.3M2.8M1.3M1.1M
Total Current Liabilities9.0M1.5M1.8M3.4M2.3M3.6M
Total Stockholder Equity123.2M135.8M133.8M132.3M132.4M102.2M
Property Plant And Equipment Net9.8M9.7M10.6M10.5M132.8M69.7M
Net Debt7.7M(4.4M)(1.9M)(1.7M)268.2K281.7K
Retained Earnings(43.7M)(49.1M)(53.2M)(53.6M)(55.1M)(52.4M)
Accounts Payable670.6K713.3K500.8K513.5K534.1K774.9K
Cash340.5K4.7M1.9M1.7M235.0K223.2K
Non Current Assets Total131.8M132.4M133.7M134.0M132.8M101.5M
Non Currrent Assets Other122.0M122.7M123.1M123.4M142.0M149.0M
Cash And Short Term Investments385.5K4.8M1.9M1.8M235.0K223.2K
Net Receivables19.8K63.4K15.9K178.0160.2152.19
Common Stock Shares Outstanding699.5M736.6M795.5M802.2M819.0M535.9M
Liabilities And Stockholders Equity132.2M137.3M135.7M135.8M134.8M105.9M
Total Liab9.0M1.5M1.8M3.4M2.3M3.7M
Property Plant And Equipment Gross131.8M133.4M134.6M134.0M133.8M101.7M
Total Current Assets430.5K4.9M2.0M1.8M2.0M3.2M
Accumulated Other Comprehensive Income4.8M7.6M8.2M6.1M5.8M5.3M
Property Plant Equipment131.8M132.4M133.7M134.0M154.1M98.7M
Other Liab34.9K1.1K4.9K5.1K4.6K4.4K
Non Current Liabilities Total34.9K1.1K4.9K5.1K9.9K9.4K
Other Current Assets25.3K30.7K34.0K32.4K1.8M1.8M
Other Stockholder Equity(118.4M)(128.3M)(125.6M)(126.2M)(113.6M)(107.9M)
Net Tangible Assets123.2M135.8M133.8M132.3M152.2M142.7M
Inventory(15.0K)(12.7K)25.3K1.01.151.21
Short Term Debt6M8M343.1K0.0503.2K478.1K
Short Long Term Debt Total6M8M343.1K503.2K452.9K430.3K
Current Deferred Revenue(6M)(8M)(343.1K)(503.2K)(578.7K)(607.6K)
Net Invested Capital123.2M135.8M133.8M132.3M132.4M142.8M
Cash And Equivalents340.5K4.7M1.9M1.7M2.0M1.7M
Net Working Capital(8.6M)3.4M147.8K(1.6M)(321.5K)(337.5K)

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