Insteel Current Deferred Revenue vs Long Term Debt Total Analysis

IIIN Stock  USD 32.87  0.56  1.68%   
Insteel Industries financial indicator trend analysis is infinitely more than just investigating Insteel Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insteel Industries is a good investment. Please check the relationship between Insteel Industries Current Deferred Revenue and its Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.

Current Deferred Revenue vs Long Term Debt Total

Current Deferred Revenue vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insteel Industries Current Deferred Revenue account and Long Term Debt Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Insteel Industries' Current Deferred Revenue and Long Term Debt Total is 0.23. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Insteel Industries, assuming nothing else is changed. The correlation between historical values of Insteel Industries' Current Deferred Revenue and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Insteel Industries are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Current Deferred Revenue i.e., Insteel Industries' Current Deferred Revenue and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Long Term Debt Total

Most indicators from Insteel Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insteel Industries 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 Insteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.As of the 16th of May 2024, Tax Provision is likely to grow to about 14.8 M, while Selling General Administrative is likely to drop about 22.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit197.3M65.4M75.2M46.4M
Total Revenue826.8M649.2M746.6M783.9M

Insteel Industries fundamental ratios Correlations

-0.690.310.541.00.73-0.860.980.73-0.060.770.650.620.820.140.80.730.930.99-0.370.870.870.420.840.85-0.58
-0.69-0.28-0.61-0.67-0.640.64-0.62-0.71-0.3-0.62-0.69-0.04-0.55-0.23-0.76-0.61-0.49-0.640.07-0.53-0.53-0.51-0.65-0.650.41
0.31-0.280.540.270.16-0.420.30.310.280.50.030.010.260.160.310.470.340.35-0.120.310.310.460.220.22-0.51
0.54-0.610.540.460.61-0.370.410.680.510.740.650.10.550.450.640.950.360.5-0.150.270.270.970.460.46-0.19
1.0-0.670.270.460.71-0.870.990.71-0.120.740.620.620.810.10.780.660.940.99-0.370.880.880.330.850.85-0.6
0.73-0.640.160.610.71-0.620.660.980.180.850.930.360.610.30.970.650.570.68-0.270.530.530.50.820.82-0.33
-0.860.64-0.42-0.37-0.87-0.62-0.87-0.650.08-0.59-0.49-0.45-0.490.13-0.71-0.53-0.84-0.860.31-0.97-0.97-0.24-0.79-0.790.7
0.98-0.620.30.410.990.66-0.870.65-0.180.730.540.620.810.040.730.620.960.99-0.380.890.890.290.830.83-0.62
0.73-0.710.310.680.710.98-0.650.650.30.860.910.320.580.340.980.70.540.67-0.220.530.530.560.820.81-0.41
-0.06-0.30.280.51-0.120.180.08-0.180.30.190.29-0.07-0.140.560.190.41-0.2-0.13-0.05-0.18-0.180.5-0.02-0.030.16
0.77-0.620.50.740.740.85-0.590.730.860.190.770.330.80.380.880.770.680.77-0.240.50.50.620.720.71-0.31
0.65-0.690.030.650.620.93-0.490.540.910.290.770.310.560.440.90.680.420.58-0.110.390.390.540.70.7-0.14
0.62-0.040.010.10.620.36-0.450.620.32-0.070.330.310.470.350.340.380.630.6-0.430.520.520.010.330.34-0.29
0.82-0.550.260.550.810.61-0.490.810.58-0.140.80.560.470.280.660.660.740.85-0.320.480.480.480.60.61-0.38
0.14-0.230.160.450.10.30.130.040.340.560.380.440.350.280.290.450.050.09-0.05-0.2-0.20.390.00.00.15
0.8-0.760.310.640.780.97-0.710.730.980.190.880.90.340.660.290.690.620.75-0.260.60.60.510.860.85-0.48
0.73-0.610.470.950.660.65-0.530.620.70.410.770.680.380.660.450.690.570.69-0.270.480.480.90.580.58-0.29
0.93-0.490.340.360.940.57-0.840.960.54-0.20.680.420.630.740.050.620.570.95-0.420.880.880.240.750.75-0.52
0.99-0.640.350.50.990.68-0.860.990.67-0.130.770.580.60.850.090.750.690.95-0.380.870.870.390.820.82-0.59
-0.370.07-0.12-0.15-0.37-0.270.31-0.38-0.22-0.05-0.24-0.11-0.43-0.32-0.05-0.26-0.27-0.42-0.38-0.34-0.34-0.2-0.32-0.320.39
0.87-0.530.310.270.880.53-0.970.890.53-0.180.50.390.520.48-0.20.60.480.880.87-0.341.00.150.790.8-0.67
0.87-0.530.310.270.880.53-0.970.890.53-0.180.50.390.520.48-0.20.60.480.880.87-0.341.00.150.790.8-0.67
0.42-0.510.460.970.330.5-0.240.290.560.50.620.540.010.480.390.510.90.240.39-0.20.150.150.350.35-0.11
0.84-0.650.220.460.850.82-0.790.830.82-0.020.720.70.330.60.00.860.580.750.82-0.320.790.790.351.0-0.58
0.85-0.650.220.460.850.82-0.790.830.81-0.030.710.70.340.610.00.850.580.750.82-0.320.80.80.351.0-0.58
-0.580.41-0.51-0.19-0.6-0.330.7-0.62-0.410.16-0.31-0.14-0.29-0.380.15-0.48-0.29-0.52-0.590.39-0.67-0.67-0.11-0.58-0.58
Click cells to compare fundamentals

Insteel Industries Account Relationship Matchups

Insteel Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets337.9M390.7M471.7M447.5M514.6M540.4M
Other Current Liab13.5M18.4M14.8M11.8M10.6M8.5M
Total Current Liabilities53.7M68.8M62.6M46.2M53.1M43.0M
Total Stockholder Equity264.8M302.0M389.7M381.5M438.7M460.7M
Property Plant And Equipment Net101.4M105.6M108.2M122.0M140.2M78.8M
Net Debt(66.2M)(88.2M)(46.7M)(123.7M)(111.4M)(105.8M)
Retained Earnings171.1M206.4M289.2M278.5M320.3M336.3M
Non Current Assets Total140.9M143.8M136.4M148.7M171.0M94.3M
Non Currrent Assets Other21.2M20.8M4.9M3.8M4.3M4.1M
Net Receivables53.8M67.9M81.6M63.4M72.9M41.9M
Common Stock Shares Outstanding19.4M19.5M19.6M19.6M22.5M17.0M
Liabilities And Stockholders Equity337.9M390.7M471.7M447.5M514.6M540.4M
Non Current Liabilities Total19.4M19.8M19.4M19.9M17.9M24.6M
Inventory69.0M79.0M197.7M103.3M118.8M124.7M
Other Current Assets5.6M10.1M7.7M2.4M2.8M4.8M
Other Stockholder Equity76.4M78.7M82.0M83.8M96.4M59.8M
Total Liab73.1M88.7M82.0M66.0M75.9M78.0M
Property Plant And Equipment Gross103.9M260.3M275.1M290.2M333.8M350.5M
Total Current Assets197.0M246.9M335.3M298.9M343.7M360.9M
Accumulated Other Comprehensive Income(2.0M)(2.4M)(977K)(283K)(325.5K)(341.7K)
Cash68.7M89.9M48.3M125.7M144.5M151.7M
Cash And Short Term Investments68.7M89.9M48.3M125.7M144.5M151.7M
Accounts Payable39.0M49.4M46.8M34.3M39.5M33.3M
Common Stock Total Equity19.3M19.3M19.4M19.5M22.4M19.7M
Common Stock19.3M19.4M19.5M19.5M22.4M19.8M
Other Liab18.1M19.8M18.8M19.9M22.8M24.0M
Other Assets18.6M20.8M10.1M12.8M14.7M11.5M
Intangible Assets8.6M7.7M6.8M6.1M5.5M6.4M
Property Plant Equipment103.9M105.6M108.2M120.0M138.0M90.5M
Net Tangible Assets246.5M284.6M373.2M365.7M420.5M253.3M
Non Current Liabilities Other18.6M19.4M19.8M19.4M22.3M17.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Insteel Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Insteel Industries' short interest history, or implied volatility extrapolated from Insteel Industries options trading.

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When determining whether Insteel Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Insteel Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Insteel Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Insteel Industries Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Insteel Industries' price analysis, check to measure Insteel Industries' 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 Insteel Industries is operating at the current time. Most of Insteel Industries' value examination focuses on studying past and present price action to predict the probability of Insteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insteel Industries' price. Additionally, you may evaluate how the addition of Insteel Industries to your portfolios can decrease your overall portfolio volatility.
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Is Insteel Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Insteel Industries. If investors know Insteel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Insteel Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.346
Dividend Share
0.12
Earnings Share
1.24
Revenue Per Share
29.354
Quarterly Revenue Growth
(0.20)
The market value of Insteel Industries is measured differently than its book value, which is the value of Insteel that is recorded on the company's balance sheet. Investors also form their own opinion of Insteel Industries' value that differs from its market value or its book value, called intrinsic value, which is Insteel Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Insteel Industries' market value can be influenced by many factors that don't directly affect Insteel Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Insteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insteel Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.