Insteel Long Term Debt Total vs Common Stock 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 Long Term Debt Total and its Common Stock 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.

Long Term Debt Total vs Common Stock

Long Term Debt Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insteel Industries Long Term Debt Total account and Common Stock. At this time, the significance of the direction appears to have pay attention.

The correlation between Insteel Industries' Long Term Debt Total and Common Stock is -0.76. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Common Stock 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' Long Term Debt Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Insteel Industries are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt Total i.e., Insteel Industries' Long Term Debt Total and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Debt Total

Common Stock

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 Profit	197.3M	65.4M	75.2M	46.4M
Total Revenue	826.8M	649.2M	746.6M	783.9M

Gross Profit Total Revenue

Insteel Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Accounts Payable	Common Stock Total Equity	Common Stock	Current Deferred Revenue
Total Assets		-0.69	0.31	0.54	1.0	0.73	-0.86	0.98	0.73	-0.06	0.77	0.65	0.62	0.82	0.14	0.8	0.73	0.93	0.99	-0.37	0.87	0.87	0.42	0.84	0.85	-0.58
Short Long Term Debt Total	-0.69		-0.28	-0.61	-0.67	-0.64	0.64	-0.62	-0.71	-0.3	-0.62	-0.69	-0.04	-0.55	-0.23	-0.76	-0.61	-0.49	-0.64	0.07	-0.53	-0.53	-0.51	-0.65	-0.65	0.41
Other Current Liab	0.31	-0.28		0.54	0.27	0.16	-0.42	0.3	0.31	0.28	0.5	0.03	0.01	0.26	0.16	0.31	0.47	0.34	0.35	-0.12	0.31	0.31	0.46	0.22	0.22	-0.51
Total Current Liabilities	0.54	-0.61	0.54		0.46	0.61	-0.37	0.41	0.68	0.51	0.74	0.65	0.1	0.55	0.45	0.64	0.95	0.36	0.5	-0.15	0.27	0.27	0.97	0.46	0.46	-0.19
Total Stockholder Equity	1.0	-0.67	0.27	0.46		0.71	-0.87	0.99	0.71	-0.12	0.74	0.62	0.62	0.81	0.1	0.78	0.66	0.94	0.99	-0.37	0.88	0.88	0.33	0.85	0.85	-0.6
Property Plant And Equipment Net	0.73	-0.64	0.16	0.61	0.71		-0.62	0.66	0.98	0.18	0.85	0.93	0.36	0.61	0.3	0.97	0.65	0.57	0.68	-0.27	0.53	0.53	0.5	0.82	0.82	-0.33
Net Debt	-0.86	0.64	-0.42	-0.37	-0.87	-0.62		-0.87	-0.65	0.08	-0.59	-0.49	-0.45	-0.49	0.13	-0.71	-0.53	-0.84	-0.86	0.31	-0.97	-0.97	-0.24	-0.79	-0.79	0.7
Retained Earnings	0.98	-0.62	0.3	0.41	0.99	0.66	-0.87		0.65	-0.18	0.73	0.54	0.62	0.81	0.04	0.73	0.62	0.96	0.99	-0.38	0.89	0.89	0.29	0.83	0.83	-0.62
Non Current Assets Total	0.73	-0.71	0.31	0.68	0.71	0.98	-0.65	0.65		0.3	0.86	0.91	0.32	0.58	0.34	0.98	0.7	0.54	0.67	-0.22	0.53	0.53	0.56	0.82	0.81	-0.41
Non Currrent Assets Other	-0.06	-0.3	0.28	0.51	-0.12	0.18	0.08	-0.18	0.3		0.19	0.29	-0.07	-0.14	0.56	0.19	0.41	-0.2	-0.13	-0.05	-0.18	-0.18	0.5	-0.02	-0.03	0.16
Net Receivables	0.77	-0.62	0.5	0.74	0.74	0.85	-0.59	0.73	0.86	0.19		0.77	0.33	0.8	0.38	0.88	0.77	0.68	0.77	-0.24	0.5	0.5	0.62	0.72	0.71	-0.31
Common Stock Shares Outstanding	0.65	-0.69	0.03	0.65	0.62	0.93	-0.49	0.54	0.91	0.29	0.77		0.31	0.56	0.44	0.9	0.68	0.42	0.58	-0.11	0.39	0.39	0.54	0.7	0.7	-0.14
Non Current Liabilities Total	0.62	-0.04	0.01	0.1	0.62	0.36	-0.45	0.62	0.32	-0.07	0.33	0.31		0.47	0.35	0.34	0.38	0.63	0.6	-0.43	0.52	0.52	0.01	0.33	0.34	-0.29
Inventory	0.82	-0.55	0.26	0.55	0.81	0.61	-0.49	0.81	0.58	-0.14	0.8	0.56	0.47		0.28	0.66	0.66	0.74	0.85	-0.32	0.48	0.48	0.48	0.6	0.61	-0.38
Other Current Assets	0.14	-0.23	0.16	0.45	0.1	0.3	0.13	0.04	0.34	0.56	0.38	0.44	0.35	0.28		0.29	0.45	0.05	0.09	-0.05	-0.2	-0.2	0.39	0.0	0.0	0.15
Other Stockholder Equity	0.8	-0.76	0.31	0.64	0.78	0.97	-0.71	0.73	0.98	0.19	0.88	0.9	0.34	0.66	0.29		0.69	0.62	0.75	-0.26	0.6	0.6	0.51	0.86	0.85	-0.48
Total Liab	0.73	-0.61	0.47	0.95	0.66	0.65	-0.53	0.62	0.7	0.41	0.77	0.68	0.38	0.66	0.45	0.69		0.57	0.69	-0.27	0.48	0.48	0.9	0.58	0.58	-0.29
Property Plant And Equipment Gross	0.93	-0.49	0.34	0.36	0.94	0.57	-0.84	0.96	0.54	-0.2	0.68	0.42	0.63	0.74	0.05	0.62	0.57		0.95	-0.42	0.88	0.88	0.24	0.75	0.75	-0.52
Total Current Assets	0.99	-0.64	0.35	0.5	0.99	0.68	-0.86	0.99	0.67	-0.13	0.77	0.58	0.6	0.85	0.09	0.75	0.69	0.95		-0.38	0.87	0.87	0.39	0.82	0.82	-0.59
Short Term Debt	-0.37	0.07	-0.12	-0.15	-0.37	-0.27	0.31	-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	-0.32	0.39
Cash	0.87	-0.53	0.31	0.27	0.88	0.53	-0.97	0.89	0.53	-0.18	0.5	0.39	0.52	0.48	-0.2	0.6	0.48	0.88	0.87	-0.34		1.0	0.15	0.79	0.8	-0.67
Cash And Short Term Investments	0.87	-0.53	0.31	0.27	0.88	0.53	-0.97	0.89	0.53	-0.18	0.5	0.39	0.52	0.48	-0.2	0.6	0.48	0.88	0.87	-0.34	1.0		0.15	0.79	0.8	-0.67
Accounts Payable	0.42	-0.51	0.46	0.97	0.33	0.5	-0.24	0.29	0.56	0.5	0.62	0.54	0.01	0.48	0.39	0.51	0.9	0.24	0.39	-0.2	0.15	0.15		0.35	0.35	-0.11
Common Stock Total Equity	0.84	-0.65	0.22	0.46	0.85	0.82	-0.79	0.83	0.82	-0.02	0.72	0.7	0.33	0.6	0.0	0.86	0.58	0.75	0.82	-0.32	0.79	0.79	0.35		1.0	-0.58
Common Stock	0.85	-0.65	0.22	0.46	0.85	0.82	-0.79	0.83	0.81	-0.03	0.71	0.7	0.34	0.61	0.0	0.85	0.58	0.75	0.82	-0.32	0.8	0.8	0.35	1.0		-0.58
Current Deferred Revenue	-0.58	0.41	-0.51	-0.19	-0.6	-0.33	0.7	-0.62	-0.41	0.16	-0.31	-0.14	-0.29	-0.38	0.15	-0.48	-0.29	-0.52	-0.59	0.39	-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

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	337.9M	390.7M	471.7M	447.5M	514.6M	540.4M
Other Current Liab	13.5M	18.4M	14.8M	11.8M	10.6M	8.5M
Total Current Liabilities	53.7M	68.8M	62.6M	46.2M	53.1M	43.0M
Total Stockholder Equity	264.8M	302.0M	389.7M	381.5M	438.7M	460.7M
Property Plant And Equipment Net	101.4M	105.6M	108.2M	122.0M	140.2M	78.8M
Net Debt	(66.2M)	(88.2M)	(46.7M)	(123.7M)	(111.4M)	(105.8M)
Retained Earnings	171.1M	206.4M	289.2M	278.5M	320.3M	336.3M
Non Current Assets Total	140.9M	143.8M	136.4M	148.7M	171.0M	94.3M
Non Currrent Assets Other	21.2M	20.8M	4.9M	3.8M	4.3M	4.1M
Net Receivables	53.8M	67.9M	81.6M	63.4M	72.9M	41.9M
Common Stock Shares Outstanding	19.4M	19.5M	19.6M	19.6M	22.5M	17.0M
Liabilities And Stockholders Equity	337.9M	390.7M	471.7M	447.5M	514.6M	540.4M
Non Current Liabilities Total	19.4M	19.8M	19.4M	19.9M	17.9M	24.6M
Inventory	69.0M	79.0M	197.7M	103.3M	118.8M	124.7M
Other Current Assets	5.6M	10.1M	7.7M	2.4M	2.8M	4.8M
Other Stockholder Equity	76.4M	78.7M	82.0M	83.8M	96.4M	59.8M
Total Liab	73.1M	88.7M	82.0M	66.0M	75.9M	78.0M
Property Plant And Equipment Gross	103.9M	260.3M	275.1M	290.2M	333.8M	350.5M
Total Current Assets	197.0M	246.9M	335.3M	298.9M	343.7M	360.9M
Accumulated Other Comprehensive Income	(2.0M)	(2.4M)	(977K)	(283K)	(325.5K)	(341.7K)
Cash	68.7M	89.9M	48.3M	125.7M	144.5M	151.7M
Cash And Short Term Investments	68.7M	89.9M	48.3M	125.7M	144.5M	151.7M
Accounts Payable	39.0M	49.4M	46.8M	34.3M	39.5M	33.3M
Common Stock Total Equity	19.3M	19.3M	19.4M	19.5M	22.4M	19.7M
Common Stock	19.3M	19.4M	19.5M	19.5M	22.4M	19.8M
Other Liab	18.1M	19.8M	18.8M	19.9M	22.8M	24.0M
Other Assets	18.6M	20.8M	10.1M	12.8M	14.7M	11.5M
Intangible Assets	8.6M	7.7M	6.8M	6.1M	5.5M	6.4M
Property Plant Equipment	103.9M	105.6M	108.2M	120.0M	138.0M	90.5M
Net Tangible Assets	246.5M	284.6M	373.2M	365.7M	420.5M	253.3M
Non Current Liabilities Other	18.6M	19.4M	19.8M	19.4M	22.3M	17.2M

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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:

How To Invest In Insteel

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Is Insteel Stock a good investment?

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What is Insteel Industries' Net Worth?

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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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Insteel Stock analysis

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.

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Insteel Long Term Debt Total vs Common Stock Analysis

Long Term Debt Total vs Common Stock

Long Term Debt Total vs Common Stock Correlation Analysis

Correlation Coefficient

Long Term Debt Total

Common Stock

Insteel Industries fundamental ratios Correlations

Insteel Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Insteel Industries fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Insteel Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.97	Net Debt
Retained Earnings	- 0.87	Net Debt
Net Debt	- 0.87	Total Stockholder Equity
Total Current Assets	- 0.86	Net Debt
Net Debt	- 0.86	Total Assets