Issuer Other Non Cash Items vs Capital Expenditures 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 Other Non Cash Items and its Capital Expenditures 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.

Other Non Cash Items vs Capital Expenditures

Other Non Cash Items vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Issuer Direct Corp Other Non Cash Items account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Issuer Direct's Other Non Cash Items and Capital Expenditures is -0.01. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Capital Expenditures 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 Other Non Cash Items and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Issuer Direct Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Other Non Cash Items i.e., Issuer Direct's Other Non Cash Items and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

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.
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 Expense369K11K1.1M1.2M
Depreciation And Amortization1.1M1.0M3.0M3.1M

Issuer Direct fundamental ratios Correlations

0.890.460.80.950.460.420.930.860.350.940.350.870.97-0.230.760.910.730.920.660.450.620.9-0.23-0.310.74
0.890.40.880.70.260.790.770.92-0.110.99-0.110.780.97-0.10.470.940.420.990.60.010.750.99-0.1-0.250.78
0.460.40.530.420.80.150.220.540.230.40.230.620.40.530.040.480.630.450.710.340.410.340.530.380.22
0.80.880.530.630.350.640.680.82-0.020.86-0.020.60.85-0.070.430.90.480.890.550.10.960.86-0.07-0.380.4
0.950.70.420.630.530.110.910.70.620.790.620.790.84-0.290.870.760.850.750.620.70.440.71-0.29-0.30.62
0.460.260.80.350.53-0.140.280.310.530.290.530.480.320.350.260.30.730.310.860.590.230.180.350.290.17
0.420.790.150.640.11-0.140.290.67-0.70.7-0.70.410.640.09-0.070.63-0.150.730.28-0.610.620.770.09-0.090.58
0.930.770.220.680.910.280.290.710.420.840.420.740.88-0.540.890.860.60.810.420.510.520.8-0.54-0.550.66
0.860.920.540.820.70.310.670.71-0.020.92-0.020.860.910.10.410.910.510.930.560.10.660.910.1-0.050.73
0.35-0.110.23-0.020.620.53-0.70.42-0.020.011.00.230.1-0.250.650.060.74-0.030.240.99-0.12-0.1-0.25-0.14-0.04
0.940.990.40.860.790.290.70.840.920.010.010.821.0-0.170.590.940.510.990.610.130.720.99-0.17-0.30.79
0.35-0.110.23-0.020.620.53-0.70.42-0.021.00.010.230.1-0.250.650.060.74-0.030.240.99-0.12-0.1-0.25-0.14-0.04
0.870.780.620.60.790.480.410.740.860.230.820.230.840.060.510.80.610.830.650.350.360.780.060.080.84
0.970.970.40.850.840.320.640.880.910.11.00.10.84-0.20.650.950.570.980.620.210.690.98-0.2-0.310.79
-0.23-0.10.53-0.07-0.290.350.09-0.540.1-0.25-0.17-0.250.06-0.2-0.69-0.190.03-0.120.3-0.22-0.08-0.181.00.91-0.08
0.760.470.040.430.870.26-0.070.890.410.650.590.650.510.65-0.690.570.640.530.320.680.30.53-0.69-0.640.42
0.910.940.480.90.760.30.630.860.910.060.940.060.80.95-0.190.570.490.960.510.190.770.93-0.19-0.350.67
0.730.420.630.480.850.73-0.150.60.510.740.510.740.610.570.030.640.490.480.660.810.340.420.03-0.010.31
0.920.990.450.890.750.310.730.810.93-0.030.99-0.030.830.98-0.120.530.960.480.620.10.740.99-0.12-0.260.78
0.660.60.710.550.620.860.280.420.560.240.610.240.650.620.30.320.510.660.620.320.410.540.30.220.5
0.450.010.340.10.70.59-0.610.510.10.990.130.990.350.21-0.220.680.190.810.10.32-0.020.02-0.22-0.140.05
0.620.750.410.960.440.230.620.520.66-0.120.72-0.120.360.69-0.080.30.770.340.740.41-0.020.73-0.08-0.450.17
0.90.990.340.860.710.180.770.80.91-0.10.99-0.10.780.98-0.180.530.930.420.990.540.020.73-0.18-0.320.78
-0.23-0.10.53-0.07-0.290.350.09-0.540.1-0.25-0.17-0.250.06-0.21.0-0.69-0.190.03-0.120.3-0.22-0.08-0.180.91-0.08
-0.31-0.250.38-0.38-0.30.29-0.09-0.55-0.05-0.14-0.3-0.140.08-0.310.91-0.64-0.35-0.01-0.260.22-0.14-0.45-0.320.910.05
0.740.780.220.40.620.170.580.660.73-0.040.79-0.040.840.79-0.080.420.670.310.780.50.050.170.78-0.080.05
Click cells to compare fundamentals

Issuer Direct Account Relationship Matchups

Issuer Direct fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.4M34.9M39.3M66.3M65.2M68.4M
Short Long Term Debt Total2.6M2.0M1.7M23.3M20.9M22.0M
Other Current Liab1.5M1.8M2.0M2.3M1.9M1.1M
Total Current Liabilities3.8M4.6M5.8M31.2M12.7M13.3M
Total Stockholder Equity26.1M28.1M31.6M33.2M35.4M37.2M
Property Plant And Equipment Net3.0M2.6M2.2M1.9M1.5M937.1K
Net Debt(13.2M)(17.6M)(22.2M)18.5M15.2M16.0M
Retained Earnings3.8M5.9M9.2M11.2M11.9M12.5M
Accounts Payable266K304K695K1.4M1.3M1.4M
Cash15.8M19.6M23.9M4.8M5.7M5.2M
Non Current Assets Total14.4M12.5M11.4M56.9M53.6M56.3M
Cash And Short Term Investments15.8M19.6M23.9M4.8M5.7M5.2M
Net Receivables2.1M2.5M3.3M3.0M4.6M4.8M
Good Will4.1M5.0M6.4M22.5M21.9M23.0M
Common Stock Shares Outstanding3.9M3.8M3.8M3.7M3.8M4.0M
Liabilities And Stockholders Equity32.4M34.9M39.3M66.3M65.2M68.4M
Other Current Assets141K298K750K1.6M1.2M1.2M
Other Stockholder Equity22.3M22.2M22.4M22.1M23.5M13.0M
Total Liab6.3M6.7M7.6M33.1M29.7M31.2M
Property Plant And Equipment Gross3.0M2.6M713K2.5M2.3M2.4M
Total Current Assets18.0M22.4M27.9M9.4M11.5M7.4M
Accumulated Other Comprehensive Income(17K)(16K)(19K)(96K)(49K)(51.5K)
Short Term Debt301K390K358K22M4M4.2M
Intangible Assets4.6M3.4M2.6M32.4M30.0M31.5M
Non Currrent Assets Other77K88K94K(436K)158K83.3K
Non Current Liabilities Total2.5M2.2M1.8M1.9M17.1M17.9M
Property Plant Equipment899K795K2.2M625K718.8K405.2K
Other Assets333K2.4K94K136K156.4K105.0K
Net Tangible Assets15.1M18.3M22.6M(21.6M)(24.9M)(23.6M)
Retained Earnings Total Equity3.8M5.9M9.2M11.2M12.8M13.5M
Capital Surpluse22.3M22.2M22.4M22.1M25.5M26.7M
Other Liab141K197K176K572K657.8K690.7K
Current Deferred Revenue1.8M2.2M3.1M5.4M5.4M5.7M
Deferred Long Term Liab573K413K141K197K226.6K376.9K

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.
Pair CorrelationCorrelation Matching

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.