IRobot Short Term Debt vs Total Assets Analysis
IRBT Stock | USD 10.92 0.08 0.74% |
IRobot financial indicator trend analysis is infinitely more than just investigating iRobot recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iRobot is a good investment. Please check the relationship between IRobot Short Term Debt and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRobot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.
Short Term Debt vs Total Assets
Short Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iRobot Short Term Debt account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IRobot's Short Term Debt and Total Assets is -0.21. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of iRobot, assuming nothing else is changed. The correlation between historical values of IRobot's Short Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of iRobot are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Debt i.e., IRobot's Short Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Total Assets
Total assets refers to the total amount of IRobot assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in iRobot books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from IRobot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iRobot 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 iRobot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.At this time, IRobot's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (6.98).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 550.3M | 350.1M | 185.2M | 254.6M | Total Revenue | 1.6B | 1.2B | 866.2M | 632.4M |
IRobot fundamental ratios Correlations
Click cells to compare fundamentals
IRobot Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IRobot fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 920.8M | 1.2B | 1.2B | 835.4M | 733.7M | 478.5M | |
Total Stockholder Equity | 652.1M | 804.4M | 716.7M | 475.7M | 196.5M | 310.9M | |
Net Debt | (184.5M) | (382.2M) | (158.0M) | (79.3M) | 49.2M | 51.7M | |
Cash | 239.4M | 432.6M | 201.5M | 117.9M | 185.1M | 135.7M | |
Other Assets | 51.0M | 96.1M | 76.7M | 26.1M | 1.0 | 0.95 | |
Cash And Short Term Investments | 256.4M | 483.7M | 234.5M | 117.9M | 185.1M | 156.4M | |
Common Stock Shares Outstanding | 28.7M | 28.6M | 28.2M | 27.2M | 27.7M | 26.5M | |
Liabilities And Stockholders Equity | 920.8M | 1.2B | 1.2B | 835.4M | 733.7M | 478.5M | |
Other Stockholder Equity | 196.5M | 205.3M | 222.7M | 257.5M | 290.8M | 305.3M | |
Total Liab | 268.7M | 385.3M | 467.7M | 359.7M | 537.2M | 564.1M | |
Total Current Assets | 594.2M | 881.2M | 789.5M | 528.3M | 465.5M | 340.2M | |
Other Current Liab | 74.9M | 125.1M | 126.4M | 93.5M | 92.8M | 50.6M | |
Total Current Liabilities | 202.5M | 307.6M | 395.7M | 296.2M | 287.1M | 147.9M | |
Accounts Payable | 116.2M | 165.8M | 251.3M | 184.0M | 178.3M | 187.2M | |
Inventory | 157.3M | 181.8M | 333.3M | 285.3M | 152.5M | 97.0M | |
Other Current Assets | 34.3M | 45.2M | 61.1M | 59.1M | 48.5M | 50.9M | |
Common Stock | 284K | 282K | 270K | 274K | 280K | 278.4K | |
Property Plant Equipment | 76.0M | 76.6M | 116.5M | 60.9M | 70.0M | 38.6M | |
Property Plant And Equipment Net | 123.5M | 120.3M | 116.5M | 87.0M | 60.0M | 48.3M | |
Current Deferred Revenue | 4.5M | 10.4M | 11.8M | 13.2M | 10.8M | 5.7M | |
Retained Earnings | 452.3M | 599.4M | 485.7M | 199.4M | (105.3M) | (100.0M) | |
Non Current Assets Total | 326.5M | 308.5M | 394.9M | 307.1M | 268.2M | 161.9M | |
Non Currrent Assets Other | 83K | 984K | 11.2M | 8.5M | 8.1M | 7.4M | |
Net Receivables | 146.2M | 170.5M | 160.6M | 66.0M | 79.4M | 83.9M | |
Common Stock Total Equity | 284K | 282K | 270K | 274K | 315.1K | 285.8K | |
Non Current Liabilities Total | 66.2M | 77.7M | 72.0M | 63.5M | 250.1M | 262.6M | |
Property Plant And Equipment Gross | 123.5M | 120.3M | 116.5M | 87.0M | 178.9M | 187.9M | |
Accumulated Other Comprehensive Income | 3.0M | (493K) | 8.1M | 18.5M | 10.7M | 11.3M | |
Short Term Investments | 37.2M | 31.6M | 17.0M | 51.1M | 33.0M | 0.0 | |
Other Liab | 11.3M | 27.2M | 28.6M | 30.3M | 34.8M | 36.6M | |
Good Will | 118.7M | 125.9M | 173.3M | 167.7M | 175.1M | 183.9M | |
Intangible Assets | 12.4M | 9.9M | 28.4M | 11.3M | 5.0M | 4.8M | |
Net Tangible Assets | 521.0M | 668.7M | 515.0M | 296.7M | 341.2M | 434.7M | |
Retained Earnings Total Equity | 452.3M | 599.4M | 485.7M | 199.4M | 229.3M | 257.4M | |
Capital Surpluse | 196.5M | 205.3M | 222.7M | 257.5M | 296.1M | 228.0M |
Pair Trading with IRobot
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 IRobot 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 IRobot will appreciate offsetting losses from the drop in the long position's value.Moving together with IRobot Stock
0.76 | VIOT | Viomi Technology ADR | PairCorr |
Moving against IRobot Stock
0.67 | HBB | Hamilton Beach Brands | PairCorr |
0.66 | FLXS | Flexsteel Industries Downward Rally | PairCorr |
0.49 | MBC | MasterBrand | PairCorr |
The ability to find closely correlated positions to IRobot could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IRobot 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 IRobot - 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 iRobot to buy it.
The correlation of IRobot 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 IRobot moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iRobot 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 IRobot 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iRobot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy IRobot Stock please use our How to Invest in IRobot guide.Note that the iRobot information on this page should be used as a complementary analysis to other IRobot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for IRobot Stock analysis
When running IRobot's price analysis, check to measure IRobot'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 IRobot is operating at the current time. Most of IRobot's value examination focuses on studying past and present price action to predict the probability of IRobot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRobot's price. Additionally, you may evaluate how the addition of IRobot to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
Is IRobot's 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 IRobot. If investors know IRobot 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 IRobot 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 (0.37) | Earnings Share (7.76) | Revenue Per Share 56.524 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0076 |
The market value of iRobot is measured differently than its book value, which is the value of IRobot that is recorded on the company's balance sheet. Investors also form their own opinion of IRobot's value that differs from its market value or its book value, called intrinsic value, which is IRobot's 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 IRobot's market value can be influenced by many factors that don't directly affect IRobot's 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 IRobot's value and its price as these two are different measures arrived at by different means. Investors typically determine if IRobot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IRobot's 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.