Issuer Capital Expenditures vs Change To Inventory Analysis
ISDR Stock | USD 9.73 0.07 0.71% |
Issuer Direct financial indicator trend analysis is infinitely more than just investigating Issuer Direct Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Issuer Direct Corp is a good investment. Please check the relationship between Issuer Direct Capital Expenditures and its Change To Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Issuer Direct Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Capital Expenditures vs Change To Inventory
Capital Expenditures vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Issuer Direct Corp Capital Expenditures account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Issuer Direct's Capital Expenditures and Change To Inventory is -0.38. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Issuer Direct Corp, assuming nothing else is changed. The correlation between historical values of Issuer Direct's Capital Expenditures and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Issuer Direct Corp are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Capital Expenditures i.e., Issuer Direct's Capital Expenditures and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Issuer Direct Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Issuer Direct operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Issuer Direct's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Issuer Direct Corp 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 Issuer Direct Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Issuer Direct's Selling General Administrative is relatively stable compared to the past year. As of 12/04/2024, Sales General And Administrative To Revenue is likely to grow to 0.37, while Tax Provision is likely to drop slightly above 474 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 369K | 11K | 1.1M | 1.2M | Depreciation And Amortization | 1.1M | 1.0M | 3.0M | 3.1M |
Issuer Direct fundamental ratios Correlations
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Issuer Direct Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Issuer Direct fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 32.4M | 34.9M | 39.3M | 66.3M | 65.2M | 68.4M | |
Short Long Term Debt Total | 2.6M | 2.0M | 1.7M | 23.3M | 20.9M | 22.0M | |
Other Current Liab | 1.5M | 1.8M | 2.0M | 2.3M | 1.9M | 1.1M | |
Total Current Liabilities | 3.8M | 4.6M | 5.8M | 31.2M | 12.7M | 13.3M | |
Total Stockholder Equity | 26.1M | 28.1M | 31.6M | 33.2M | 35.4M | 37.2M | |
Property Plant And Equipment Net | 3.0M | 2.6M | 2.2M | 1.9M | 1.5M | 937.1K | |
Net Debt | (13.2M) | (17.6M) | (22.2M) | 18.5M | 15.2M | 16.0M | |
Retained Earnings | 3.8M | 5.9M | 9.2M | 11.2M | 11.9M | 12.5M | |
Accounts Payable | 266K | 304K | 695K | 1.4M | 1.3M | 1.4M | |
Cash | 15.8M | 19.6M | 23.9M | 4.8M | 5.7M | 5.2M | |
Non Current Assets Total | 14.4M | 12.5M | 11.4M | 56.9M | 53.6M | 56.3M | |
Cash And Short Term Investments | 15.8M | 19.6M | 23.9M | 4.8M | 5.7M | 5.2M | |
Net Receivables | 2.1M | 2.5M | 3.3M | 3.0M | 4.6M | 4.8M | |
Good Will | 4.1M | 5.0M | 6.4M | 22.5M | 21.9M | 23.0M | |
Common Stock Shares Outstanding | 3.9M | 3.8M | 3.8M | 3.7M | 3.8M | 4.0M | |
Liabilities And Stockholders Equity | 32.4M | 34.9M | 39.3M | 66.3M | 65.2M | 68.4M | |
Other Current Assets | 141K | 298K | 750K | 1.6M | 1.2M | 1.2M | |
Other Stockholder Equity | 22.3M | 22.2M | 22.4M | 22.1M | 23.5M | 13.0M | |
Total Liab | 6.3M | 6.7M | 7.6M | 33.1M | 29.7M | 31.2M | |
Property Plant And Equipment Gross | 3.0M | 2.6M | 713K | 2.5M | 2.3M | 2.4M | |
Total Current Assets | 18.0M | 22.4M | 27.9M | 9.4M | 11.5M | 7.4M | |
Accumulated Other Comprehensive Income | (17K) | (16K) | (19K) | (96K) | (49K) | (51.5K) | |
Short Term Debt | 301K | 390K | 358K | 22M | 4M | 4.2M | |
Intangible Assets | 4.6M | 3.4M | 2.6M | 32.4M | 30.0M | 31.5M | |
Non Currrent Assets Other | 77K | 88K | 94K | (436K) | 158K | 83.3K | |
Non Current Liabilities Total | 2.5M | 2.2M | 1.8M | 1.9M | 17.1M | 17.9M | |
Property Plant Equipment | 899K | 795K | 2.2M | 625K | 718.8K | 405.2K | |
Other Assets | 333K | 2.4K | 94K | 136K | 156.4K | 105.0K | |
Net Tangible Assets | 15.1M | 18.3M | 22.6M | (21.6M) | (24.9M) | (23.6M) | |
Retained Earnings Total Equity | 3.8M | 5.9M | 9.2M | 11.2M | 12.8M | 13.5M | |
Capital Surpluse | 22.3M | 22.2M | 22.4M | 22.1M | 25.5M | 26.7M | |
Other Liab | 141K | 197K | 176K | 572K | 657.8K | 690.7K | |
Current Deferred Revenue | 1.8M | 2.2M | 3.1M | 5.4M | 5.4M | 5.7M | |
Deferred Long Term Liab | 573K | 413K | 141K | 197K | 226.6K | 376.9K |
Pair Trading with Issuer Direct
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 Issuer Direct 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 Issuer Direct will appreciate offsetting losses from the drop in the long position's value.Moving against Issuer Stock
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The ability to find closely correlated positions to Issuer Direct could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Issuer Direct 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 Issuer Direct - 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 Issuer Direct Corp to buy it.
The correlation of Issuer Direct 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 Issuer Direct moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Issuer Direct Corp 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 Issuer Direct 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 Issuer Stock Analysis
When running Issuer Direct's price analysis, check to measure Issuer Direct'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 Issuer Direct is operating at the current time. Most of Issuer Direct's value examination focuses on studying past and present price action to predict the probability of Issuer Direct's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Issuer Direct's price. Additionally, you may evaluate how the addition of Issuer Direct to your portfolios can decrease your overall portfolio volatility.