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 Direction | Positive |
Relationship Strength | Weak |
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 Expenses | 3.9M | 2.7M | 2.3M | 4.0M | Total Revenue | 38.0 | 1.0M | 817.4K | 858.3K |
Iron Road fundamental ratios Correlations
Click cells to compare fundamentals
Iron Road Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iron Road fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 132.2M | 137.3M | 135.7M | 135.8M | 134.8M | 105.9M | |
Other Current Liab | 314.7K | 771.1K | 1.3M | 2.8M | 1.3M | 1.1M | |
Total Current Liabilities | 9.0M | 1.5M | 1.8M | 3.4M | 2.3M | 3.6M | |
Total Stockholder Equity | 123.2M | 135.8M | 133.8M | 132.3M | 132.4M | 102.2M | |
Property Plant And Equipment Net | 9.8M | 9.7M | 10.6M | 10.5M | 132.8M | 69.7M | |
Net Debt | 7.7M | (4.4M) | (1.9M) | (1.7M) | 268.2K | 281.7K | |
Retained Earnings | (43.7M) | (49.1M) | (53.2M) | (53.6M) | (55.1M) | (52.4M) | |
Accounts Payable | 670.6K | 713.3K | 500.8K | 513.5K | 534.1K | 774.9K | |
Cash | 340.5K | 4.7M | 1.9M | 1.7M | 235.0K | 223.2K | |
Non Current Assets Total | 131.8M | 132.4M | 133.7M | 134.0M | 132.8M | 101.5M | |
Non Currrent Assets Other | 122.0M | 122.7M | 123.1M | 123.4M | 142.0M | 149.0M | |
Cash And Short Term Investments | 385.5K | 4.8M | 1.9M | 1.8M | 235.0K | 223.2K | |
Net Receivables | 19.8K | 63.4K | 15.9K | 178.0 | 160.2 | 152.19 | |
Common Stock Shares Outstanding | 699.5M | 736.6M | 795.5M | 802.2M | 819.0M | 535.9M | |
Liabilities And Stockholders Equity | 132.2M | 137.3M | 135.7M | 135.8M | 134.8M | 105.9M | |
Total Liab | 9.0M | 1.5M | 1.8M | 3.4M | 2.3M | 3.7M | |
Property Plant And Equipment Gross | 131.8M | 133.4M | 134.6M | 134.0M | 133.8M | 101.7M | |
Total Current Assets | 430.5K | 4.9M | 2.0M | 1.8M | 2.0M | 3.2M | |
Accumulated Other Comprehensive Income | 4.8M | 7.6M | 8.2M | 6.1M | 5.8M | 5.3M | |
Property Plant Equipment | 131.8M | 132.4M | 133.7M | 134.0M | 154.1M | 98.7M | |
Other Liab | 34.9K | 1.1K | 4.9K | 5.1K | 4.6K | 4.4K | |
Non Current Liabilities Total | 34.9K | 1.1K | 4.9K | 5.1K | 9.9K | 9.4K | |
Other Current Assets | 25.3K | 30.7K | 34.0K | 32.4K | 1.8M | 1.8M | |
Other Stockholder Equity | (118.4M) | (128.3M) | (125.6M) | (126.2M) | (113.6M) | (107.9M) | |
Net Tangible Assets | 123.2M | 135.8M | 133.8M | 132.3M | 152.2M | 142.7M | |
Inventory | (15.0K) | (12.7K) | 25.3K | 1.0 | 1.15 | 1.21 | |
Short Term Debt | 6M | 8M | 343.1K | 0.0 | 503.2K | 478.1K | |
Short Long Term Debt Total | 6M | 8M | 343.1K | 503.2K | 452.9K | 430.3K | |
Current Deferred Revenue | (6M) | (8M) | (343.1K) | (503.2K) | (578.7K) | (607.6K) | |
Net Invested Capital | 123.2M | 135.8M | 133.8M | 132.3M | 132.4M | 142.8M | |
Cash And Equivalents | 340.5K | 4.7M | 1.9M | 1.7M | 2.0M | 1.7M | |
Net Working Capital | (8.6M) | 3.4M | 147.8K | (1.6M) | (321.5K) | (337.5K) |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Iron Stock Analysis
When running Iron Road's price analysis, check to measure Iron Road'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 Iron Road is operating at the current time. Most of Iron Road's value examination focuses on studying past and present price action to predict the probability of Iron Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iron Road's price. Additionally, you may evaluate how the addition of Iron Road to your portfolios can decrease your overall portfolio volatility.