Insteel Total Stockholder Equity vs Net Working Capital Analysis
IIIN Stock | USD 32.66 0.21 0.64% |
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 Total Stockholder Equity and its Net Working Capital 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.
Total Stockholder Equity vs Net Working Capital
Total Stockholder Equity vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insteel Industries Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Insteel Industries' Total Stockholder Equity and Net Working Capital is 0.82. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital 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' Total Stockholder Equity and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Insteel Industries are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Stockholder Equity i.e., Insteel Industries' Total Stockholder Equity and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Working Capital
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 17th 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 |
Insteel Industries fundamental ratios Correlations
Click cells to compare fundamentals
Insteel Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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.