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Internet Initiative Japan Inc ADR
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Let's analyse Internet Initiative Japan Inc ADR together

PenkeI guess you are interested in Internet Initiative Japan Inc ADR. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Internet Initiative Japan Inc ADR. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Internet Initiative Japan Inc ADR (30 sec.)










What can you expect buying and holding a share of Internet Initiative Japan Inc ADR? (30 sec.)

How much money do you get?

How much money do you get?
$0.40
When do you have the money?
1 year
How often do you get paid?
70.0%

What is your share worth?

Current worth
$4.41
Expected worth in 1 year
$4.69
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
$0.68
Return On Investment
1.8%

For what price can you sell your share?

Current Price per Share
$38.70
Expected price per share
$38.17 - $43.73
How sure are you?
50%

1. Valuation of Internet Initiative Japan Inc ADR (5 min.)




Live pricePrice per Share (EOD)

$38.70

Intrinsic Value Per Share

$-5.33 - $19.62

Total Value Per Share

$-0.92 - $24.04

2. Growth of Internet Initiative Japan Inc ADR (5 min.)




Is Internet Initiative Japan Inc ADR growing?

Current yearPrevious yearGrowGrow %
How rich?$780.4m$719.2m$48.4m6.3%

How much money is Internet Initiative Japan Inc ADR making?

Current yearPrevious yearGrowGrow %
Making money$31.2m$28m$3.2m10.3%
Net Profit Margin7.1%6.9%--

How much money comes from the company's main activities?

3. Financial Health of Internet Initiative Japan Inc ADR (5 min.)




4. Comparing to competitors in the Telecom Services industry (5 min.)




  Industry Rankings (Telecom Services)  


Richest
#107 / 252

Most Revenue
#109 / 252

Most Profit
#95 / 252

What can you expect buying and holding a share of Internet Initiative Japan Inc ADR? (5 min.)

Welcome investor! Internet Initiative Japan Inc ADR's management wants to use your money to grow the business. In return you get a share of Internet Initiative Japan Inc ADR.

What can you expect buying and holding a share of Internet Initiative Japan Inc ADR?

First you should know what it really means to hold a share of Internet Initiative Japan Inc ADR. And how you can make/lose money.

Speculation

The Price per Share of Internet Initiative Japan Inc ADR is $38.70. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Internet Initiative Japan Inc ADR.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Internet Initiative Japan Inc ADR, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $4.41. Based on the TTM, the Book Value Change Per Share is $0.07 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.80 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.10 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Internet Initiative Japan Inc ADR.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.170.4%0.210.5%0.270.7%0.200.5%0.130.3%
Usd Book Value Change Per Share0.060.2%0.070.2%-0.80-2.1%-0.05-0.1%0.000.0%
Usd Dividend Per Share0.110.3%0.100.3%0.150.4%0.090.2%0.060.1%
Usd Total Gains Per Share0.180.5%0.170.4%-0.65-1.7%0.040.1%0.060.2%
Usd Price Per Share40.00-38.45-32.00-26.63-18.19-
Price to Earnings Ratio57.53-47.22-33.13-38.56-317.94-
Price-to-Total Gains Ratio228.37-89.83-58.85-100.58--102.71-
Price to Book Ratio9.06-7.74-5.13-4.52-3.28-
Price-to-Total Gains Ratio228.37-89.83-58.85-100.58--102.71-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share38.7
Number of shares25
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.100.09
Usd Book Value Change Per Share0.07-0.05
Usd Total Gains Per Share0.170.04
Gains per Quarter (25 shares)4.281.00
Gains per Year (25 shares)17.114.00
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110779-5-6
220142419-11-2
330214128-162
440285838-226
550357547-2710
661429257-3314
7714910966-3818
8815612676-4422
9916314385-4926
101017016095-5530

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.01.00.097.5%78.018.00.081.3%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%33.07.00.082.5%71.025.00.074.0%
Dividend per Share3.00.01.075.0%11.00.01.091.7%17.00.03.085.0%28.00.012.070.0%45.00.051.046.9%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%17.03.00.085.0%35.05.00.087.5%75.021.00.078.1%

Fundamentals of Internet Initiative Japan Inc ADR

About Internet Initiative Japan Inc ADR

Internet Initiative Japan Inc. provides Internet connectivity, WAN, outsourcing, systems integration, and network-related equipment sales services in Japan. It operates through two segments, Network Services and Systems Integration Business, and ATM Operation Business. The company offers mobile communication and remote access/telework services; WAN/network services, including SDN, multi-cloud network, closed connection, internet VPN, SEIL, remote access, wireless LAN, and GIGA-school; leased line and broadband services; IIJ DNS platform, and domain name registration and maintenance services; IIJ access ID management, dial-up access, and IIJ IPv6 fiber access services; and security solutions for IIJ managed firewall, DDoS protection, and managed IPS/IDS services. It also provides cloud solutions, such as HaaS/IaaS, cloud storage, monitoring/operation, virtual desktop, Paas/Saas, solution for Microsoft and AWS, IoT/M2M, ID management and authentication, network, global, mobile, license, and specialized solutions, as well as IIJ cloud exchange and IIJ cloud integration solutions; integrated, network, mail, and web security, endpoint, security assessment/consulting, web and mail hosting, online storage, content delivery/CDN/CMS, and system integration; IoT services and solutions in the field of industrial, agriculture, energy, and IoT-oriented mobile communication; industry-specific solution; content delivery; and global/privacy products. In addition, the company offers IT outsourcing, IIJ consulting, cognitive factory, IIJ PC deployment support, IIJ PaaS solution, IIJ EMM utilization support, IIJ private cloud, network solutions, IIJ security audit, IIJ malware analysis, IIJ content management, cloud integration solution for Microsoft and AWS, Microsoft 365 transition support solution, data center service, and data center construction engineering solutions, as well as DX edge services. The company was incorporated in 1992 and is headquartered in Tokyo, Japan.

Fundamental data was last updated by Penke on 2024-03-10 05:04:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Internet Initiative Japan Inc ADR.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Internet Initiative Japan Inc ADR earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Internet Initiative Japan Inc ADR to the Telecom Services industry mean.
  • A Net Profit Margin of 6.4% means that $0.06 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 6.4%. The company is making a profit. +1
  • The TTM is 7.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.4%TTM7.1%-0.7%
TTM7.1%YOY6.9%+0.1%
TTM7.1%5Y5.3%+1.7%
5Y5.3%10Y3.9%+1.4%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%4.9%+1.5%
TTM7.1%4.4%+2.7%
YOY6.9%5.8%+1.1%
5Y5.3%5.8%-0.5%
10Y3.9%5.8%-1.9%
1.1.2. Return on Assets

Shows how efficient Internet Initiative Japan Inc ADR is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Internet Initiative Japan Inc ADR to the Telecom Services industry mean.
  • 1.8% Return on Assets means that Internet Initiative Japan Inc ADR generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.9%-0.1%
TTM1.9%YOY1.8%+0.0%
TTM1.9%5Y1.4%+0.5%
5Y1.4%10Y1.1%+0.3%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%0.7%+1.1%
TTM1.9%0.8%+1.1%
YOY1.8%0.9%+0.9%
5Y1.4%0.9%+0.5%
10Y1.1%1.0%+0.1%
1.1.3. Return on Equity

Shows how efficient Internet Initiative Japan Inc ADR is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Internet Initiative Japan Inc ADR to the Telecom Services industry mean.
  • 4.0% Return on Equity means Internet Initiative Japan Inc ADR generated $0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 4.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.0%TTM4.1%-0.1%
TTM4.1%YOY3.9%+0.2%
TTM4.1%5Y3.2%+0.9%
5Y3.2%10Y2.3%+0.9%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%2.4%+1.6%
TTM4.1%2.2%+1.9%
YOY3.9%3.2%+0.7%
5Y3.2%2.7%+0.5%
10Y2.3%2.9%-0.6%

1.2. Operating Efficiency of Internet Initiative Japan Inc ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Internet Initiative Japan Inc ADR is operating .

  • Measures how much profit Internet Initiative Japan Inc ADR makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Internet Initiative Japan Inc ADR to the Telecom Services industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM5.4%-5.4%
TTM5.4%YOY11.2%-5.8%
TTM5.4%5Y7.4%-2.0%
5Y7.4%10Y5.8%+1.6%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.0%-11.0%
TTM5.4%7.5%-2.1%
YOY11.2%11.9%-0.7%
5Y7.4%11.3%-3.9%
10Y5.8%11.6%-5.8%
1.2.2. Operating Ratio

Measures how efficient Internet Initiative Japan Inc ADR is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Telecom Services industry mean).
  • An Operation Ratio of 1.66 means that the operating costs are $1.66 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 1.658. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.468. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.658TTM1.468+0.189
TTM1.468YOY1.085+0.384
TTM1.4685Y1.074+0.395
5Y1.07410Y1.018+0.056
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6581.022+0.636
TTM1.4681.019+0.449
YOY1.0850.975+0.110
5Y1.0740.987+0.087
10Y1.0180.967+0.051

1.3. Liquidity of Internet Initiative Japan Inc ADR.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Internet Initiative Japan Inc ADR is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Telecom Services industry mean).
  • A Current Ratio of 1.20 means the company has $1.20 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 1.195. The company is just able to pay all its short-term debts.
  • The TTM is 1.233. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.195TTM1.233-0.038
TTM1.233YOY1.388-0.155
TTM1.2335Y1.315-0.082
5Y1.31510Y1.441-0.126
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1950.916+0.279
TTM1.2330.918+0.315
YOY1.3880.961+0.427
5Y1.3151.035+0.280
10Y1.4410.981+0.460
1.3.2. Quick Ratio

Measures if Internet Initiative Japan Inc ADR is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Internet Initiative Japan Inc ADR to the Telecom Services industry mean.
  • A Quick Ratio of 0.47 means the company can pay off $0.47 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 0.470. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.644. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.470TTM0.644-0.174
TTM0.644YOY1.146-0.502
TTM0.6445Y1.147-0.503
5Y1.14710Y1.284-0.137
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4700.628-0.158
TTM0.6440.653-0.009
YOY1.1460.698+0.448
5Y1.1470.729+0.418
10Y1.2840.717+0.567

1.4. Solvency of Internet Initiative Japan Inc ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Internet Initiative Japan Inc ADR assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Internet Initiative Japan Inc ADR to Telecom Services industry mean.
  • A Debt to Asset Ratio of 0.55 means that Internet Initiative Japan Inc ADR assets are financed with 55.0% credit (debt) and the remaining percentage (100% - 55.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 0.550. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.542. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.550TTM0.542+0.008
TTM0.542YOY0.530+0.012
TTM0.5425Y0.567-0.025
5Y0.56710Y0.517+0.050
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5500.634-0.084
TTM0.5420.630-0.088
YOY0.5300.630-0.100
5Y0.5670.630-0.063
10Y0.5170.627-0.110
1.4.2. Debt to Equity Ratio

Measures if Internet Initiative Japan Inc ADR is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Internet Initiative Japan Inc ADR to the Telecom Services industry mean.
  • A Debt to Equity ratio of 123.4% means that company has $1.23 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Internet Initiative Japan Inc ADR:

  • The MRQ is 1.234. The company is able to pay all its debts with equity. +1
  • The TTM is 1.197. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.234TTM1.197+0.037
TTM1.197YOY1.141+0.056
TTM1.1975Y1.336-0.139
5Y1.33610Y1.118+0.218
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2341.573-0.339
TTM1.1971.620-0.423
YOY1.1411.684-0.543
5Y1.3361.719-0.383
10Y1.1181.657-0.539

2. Market Valuation of Internet Initiative Japan Inc ADR

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Internet Initiative Japan Inc ADR generates.

  • Above 15 is considered overpriced but always compare Internet Initiative Japan Inc ADR to the Telecom Services industry mean.
  • A PE ratio of 57.53 means the investor is paying $57.53 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Internet Initiative Japan Inc ADR:

  • The EOD is 55.656. Based on the earnings, the company is expensive. -2
  • The MRQ is 57.525. Based on the earnings, the company is expensive. -2
  • The TTM is 47.221. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD55.656MRQ57.525-1.870
MRQ57.525TTM47.221+10.304
TTM47.221YOY33.130+14.091
TTM47.2215Y38.563+8.658
5Y38.56310Y317.943-279.380
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD55.65610.601+45.055
MRQ57.52510.482+47.043
TTM47.22111.269+35.952
YOY33.13012.797+20.333
5Y38.56314.809+23.754
10Y317.94315.323+302.620
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Internet Initiative Japan Inc ADR:

  • The EOD is 36.044. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 37.254. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 0.452. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD36.044MRQ37.254-1.211
MRQ37.254TTM0.452+36.802
TTM0.452YOY32.214-31.763
TTM0.4525Y15.366-14.914
5Y15.36610Y27.858-12.493
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD36.0445.452+30.592
MRQ37.2544.788+32.466
TTM0.4524.770-4.318
YOY32.2144.941+27.273
5Y15.3666.527+8.839
10Y27.8586.292+21.566
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Internet Initiative Japan Inc ADR is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Telecom Services industry mean).
  • A PB ratio of 9.06 means the investor is paying $9.06 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Internet Initiative Japan Inc ADR:

  • The EOD is 8.768. Based on the equity, the company is overpriced. -1
  • The MRQ is 9.062. Based on the equity, the company is overpriced. -1
  • The TTM is 7.742. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD8.768MRQ9.062-0.295
MRQ9.062TTM7.742+1.320
TTM7.742YOY5.129+2.613
TTM7.7425Y4.516+3.225
5Y4.51610Y3.277+1.239
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD8.7681.429+7.339
MRQ9.0621.390+7.672
TTM7.7421.515+6.227
YOY5.1291.832+3.297
5Y4.5161.817+2.699
10Y3.2772.315+0.962
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Internet Initiative Japan Inc ADR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0620.070-12%-0.803+1400%-0.055+188%0.005+1222%
Book Value Per Share--4.4145.320-17%6.909-36%6.198-29%5.511-20%
Current Ratio--1.1951.233-3%1.388-14%1.315-9%1.441-17%
Debt To Asset Ratio--0.5500.542+1%0.530+4%0.567-3%0.517+6%
Debt To Equity Ratio--1.2341.197+3%1.141+8%1.336-8%1.118+10%
Dividend Per Share--0.1130.101+12%0.154-27%0.095+20%0.057+97%
Eps--0.1740.208-16%0.271-36%0.196-11%0.129+35%
Free Cash Flow Per Share--0.2680.186+44%0.360-25%0.389-31%0.213+26%
Free Cash Flow To Equity Per Share--0.2680.058+365%-0.036+114%0.041+551%0.012+2224%
Gross Profit Margin--1.0001.0000%1.0000%0.779+28%-0.687+169%
Intrinsic Value_10Y_max--19.623--------
Intrinsic Value_10Y_min---5.331--------
Intrinsic Value_1Y_max--1.496--------
Intrinsic Value_1Y_min--0.620--------
Intrinsic Value_3Y_max--4.853--------
Intrinsic Value_3Y_min--0.874--------
Intrinsic Value_5Y_max--8.643--------
Intrinsic Value_5Y_min--0.043--------
Market Cap3421300435.200-107%7072458400.0005981327104.115+18%3710818581.220+91%3074213572.894+130%1982867865.100+257%
Net Profit Margin--0.0640.071-9%0.069-8%0.053+20%0.039+64%
Operating Margin---0.054-100%0.112-100%0.074-100%0.058-100%
Operating Ratio--1.6581.468+13%1.085+53%1.074+54%1.018+63%
Pb Ratio8.768-3%9.0627.742+17%5.129+77%4.516+101%3.277+177%
Pe Ratio55.656-3%57.52547.221+22%33.130+74%38.563+49%317.943-82%
Price Per Share38.700-3%40.00038.446+4%32.000+25%26.630+50%18.193+120%
Price To Free Cash Flow Ratio36.044-3%37.2540.452+8144%32.214+16%15.366+142%27.858+34%
Price To Total Gains Ratio220.950-3%228.37389.834+154%58.851+288%100.584+127%-102.713+145%
Quick Ratio--0.4700.644-27%1.146-59%1.147-59%1.284-63%
Return On Assets--0.0180.019-5%0.018-3%0.014+27%0.011+66%
Return On Equity--0.0400.041-3%0.039+1%0.032+26%0.023+74%
Total Gains Per Share--0.1750.171+2%-0.649+470%0.040+338%0.062+182%
Usd Book Value--780430200.000767731800.000+2%719252815.050+9%637060654.560+23%538734630.060+45%
Usd Book Value Change Per Share--0.0620.070-12%-0.803+1400%-0.055+188%0.005+1222%
Usd Book Value Per Share--4.4145.320-17%6.909-36%6.198-29%5.511-20%
Usd Dividend Per Share--0.1130.101+12%0.154-27%0.095+20%0.057+97%
Usd Eps--0.1740.208-16%0.271-36%0.196-11%0.129+35%
Usd Free Cash Flow--47460600.00035334750.000+34%38955057.900+22%40219745.610+18%21769906.950+118%
Usd Free Cash Flow Per Share--0.2680.186+44%0.360-25%0.389-31%0.213+26%
Usd Free Cash Flow To Equity Per Share--0.2680.058+365%-0.036+114%0.041+551%0.012+2224%
Usd Market Cap3421300435.200-107%7072458400.0005981327104.115+18%3710818581.220+91%3074213572.894+130%1982867865.100+257%
Usd Price Per Share38.700-3%40.00038.446+4%32.000+25%26.630+50%18.193+120%
Usd Profit--30736200.00031288950.000-2%28057413.450+10%20931494.100+47%13510528.680+127%
Usd Revenue--481140000.000442970550.000+9%406023182.400+19%379719539.100+27%316653264.840+52%
Usd Total Gains Per Share--0.1750.171+2%-0.649+470%0.040+338%0.062+182%
 EOD+4 -4MRQTTM+15 -20YOY+15 -205Y+22 -1410Y+25 -11

3.2. Fundamental Score

Let's check the fundamental score of Internet Initiative Japan Inc ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1555.656
Price to Book Ratio (EOD)Between0-18.768
Net Profit Margin (MRQ)Greater than00.064
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.470
Current Ratio (MRQ)Greater than11.195
Debt to Asset Ratio (MRQ)Less than10.550
Debt to Equity Ratio (MRQ)Less than11.234
Return on Equity (MRQ)Greater than0.150.040
Return on Assets (MRQ)Greater than0.050.018
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Internet Initiative Japan Inc ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.168
Ma 20Greater thanMa 5038.394
Ma 50Greater thanMa 10038.894
Ma 100Greater thanMa 20037.636
OpenGreater thanClose38.700
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in JPY. All numbers in thousands.

Summary
Total Assets262,530,000
Total Liabilities144,283,000
Total Stockholder Equity116,953,000
 As reported
Total Liabilities 144,283,000
Total Stockholder Equity+ 116,953,000
Total Assets = 262,530,000

Assets

Total Assets262,530,000
Total Current Assets115,764,000
Long-term Assets146,766,000
Total Current Assets
Cash And Cash Equivalents 41,419,000
Short-term Investments 1,529,000
Net Receivables 44,043,000
Inventory 3,783,000
Other Current Assets 1,114,000
Total Current Assets  (as reported)115,764,000
Total Current Assets  (calculated)91,888,000
+/- 23,876,000
Long-term Assets
Property Plant Equipment 68,836,000
Goodwill 10,153,000
Intangible Assets 17,359,000
Long-term Assets Other 255,000
Long-term Assets  (as reported)146,766,000
Long-term Assets  (calculated)96,603,000
+/- 50,163,000

Liabilities & Shareholders' Equity

Total Current Liabilities96,861,000
Long-term Liabilities47,422,000
Total Stockholder Equity116,953,000
Total Current Liabilities
Short Long Term Debt 30,130,000
Accounts payable 27,011,000
Other Current Liabilities 6,690,000
Total Current Liabilities  (as reported)96,861,000
Total Current Liabilities  (calculated)63,831,000
+/- 33,030,000
Long-term Liabilities
Long term Debt 60,000
Long-term Liabilities Other 946,000
Long-term Liabilities  (as reported)47,422,000
Long-term Liabilities  (calculated)1,006,000
+/- 46,416,000
Total Stockholder Equity
Retained Earnings 58,700,000
Total Stockholder Equity (as reported)116,953,000
Total Stockholder Equity (calculated)58,700,000
+/- 58,253,000
Other
Capital Stock25,562,000
Common Stock Shares Outstanding 176,811
Net Invested Capital 147,143,000
Net Working Capital 18,903,000
Property Plant and Equipment Gross 68,836,000



Balance Sheet

Currency in JPY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302000-12-312000-09-302000-06-301999-12-311999-09-301999-06-30
> Total Assets 
13,755,908
33,246,533
31,864,200
45,637,929
39,009,761
54,731,580
48,552,380
50,870,663
43,369,933
45,334,333
40,940,145
39,020,444
37,369,402
32,038,105
35,251,617
38,460,748
38,503,916
42,767,100
41,779,337
43,032,684
45,226,863
37,120,906
33,747,323
36,120,535
44,037,818
50,800,966
42,005,497
44,052,453
45,470,864
47,798,643
51,678,550
53,168,337
53,025,484
55,624,889
51,949,873
53,288,546
52,558,295
52,301,199
50,670,802
51,389,402
49,001,621
51,115,450
50,805,329
65,922,787
67,144,899
71,472,989
69,146,501
69,101,573
71,004,427
73,493,246
73,507,431
75,723,183
75,892,130
82,111,266
79,776,165
97,841,850
100,595,924
103,866,575
101,702,927
103,221,624
105,828,508
108,705,315
107,292,023
110,806,265
110,601,702
117,834,904
119,271,810
123,113,386
130,915,493
137,395,149
136,499,691
140,488,073
150,272,582
153,448,819
154,168,859
161,694,261
163,621,152
167,289,196
204,390,369
201,972,107
204,933,874
206,524,260
206,524,260
206,455,156
210,108,110
220,777,269
217,262,651
222,729,361
224,598,657
231,805,076
225,730,000
235,160,000
234,858,000
246,193,000
247,888,000
259,108,000
262,530,000
262,530,000259,108,000247,888,000246,193,000234,858,000235,160,000225,730,000231,805,076224,598,657222,729,361217,262,651220,777,269210,108,110206,455,156206,524,260206,524,260204,933,874201,972,107204,390,369167,289,196163,621,152161,694,261154,168,859153,448,819150,272,582140,488,073136,499,691137,395,149130,915,493123,113,386119,271,810117,834,904110,601,702110,806,265107,292,023108,705,315105,828,508103,221,624101,702,927103,866,575100,595,92497,841,85079,776,16582,111,26675,892,13075,723,18373,507,43173,493,24671,004,42769,101,57369,146,50171,472,98967,144,89965,922,78750,805,32951,115,45049,001,62151,389,40250,670,80252,301,19952,558,29553,288,54651,949,87355,624,88953,025,48453,168,33751,678,55047,798,64345,470,86444,052,45342,005,49750,800,96644,037,81836,120,53533,747,32337,120,90645,226,86343,032,68441,779,33742,767,10038,503,91638,460,74835,251,61732,038,10537,369,40239,020,44440,940,14545,334,33343,369,93350,870,66348,552,38054,731,58039,009,76145,637,92931,864,20033,246,53313,755,908
   > Total Current Assets 
5,672,040
24,764,841
22,108,601
29,318,089
22,902,178
22,708,017
19,186,634
19,924,965
18,542,391
21,242,573
13,907,826
13,667,072
13,411,569
15,743,526
10,583,593
19,910,570
20,264,666
22,615,931
17,697,445
19,534,610
20,071,004
13,548,765
12,814,486
15,059,801
21,769,757
27,839,219
21,958,772
23,452,269
25,788,940
26,395,640
25,598,127
26,147,107
26,455,125
28,445,907
24,460,174
24,292,466
24,212,397
24,356,769
22,896,901
23,411,526
21,672,169
24,894,642
24,630,472
31,685,547
32,298,203
34,537,683
31,943,749
30,073,055
31,761,894
33,690,308
32,171,524
33,454,103
32,910,667
37,440,969
33,927,744
50,478,345
48,198,697
51,700,466
48,951,286
49,782,035
50,220,039
52,086,636
50,157,803
51,241,718
50,368,651
53,405,941
53,504,120
55,579,475
60,682,597
63,721,739
60,245,558
62,218,632
68,061,445
67,184,751
68,171,546
75,152,935
79,174,874
78,971,455
79,942,742
79,573,825
84,718,785
86,590,427
86,590,427
87,201,842
91,900,958
93,404,657
84,716,981
89,322,456
94,570,972
104,485,542
101,186,000
103,947,000
103,148,000
106,678,000
102,240,000
112,062,000
115,764,000
115,764,000112,062,000102,240,000106,678,000103,148,000103,947,000101,186,000104,485,54294,570,97289,322,45684,716,98193,404,65791,900,95887,201,84286,590,42786,590,42784,718,78579,573,82579,942,74278,971,45579,174,87475,152,93568,171,54667,184,75168,061,44562,218,63260,245,55863,721,73960,682,59755,579,47553,504,12053,405,94150,368,65151,241,71850,157,80352,086,63650,220,03949,782,03548,951,28651,700,46648,198,69750,478,34533,927,74437,440,96932,910,66733,454,10332,171,52433,690,30831,761,89430,073,05531,943,74934,537,68332,298,20331,685,54724,630,47224,894,64221,672,16923,411,52622,896,90124,356,76924,212,39724,292,46624,460,17428,445,90726,455,12526,147,10725,598,12726,395,64025,788,94023,452,26921,958,77227,839,21921,769,75715,059,80112,814,48613,548,76520,071,00419,534,61017,697,44522,615,93120,264,66619,910,57010,583,59315,743,52613,411,56913,667,07213,907,82621,242,57318,542,39119,924,96519,186,63422,708,01722,902,17829,318,08922,108,60124,764,8415,672,040
       Cash And Cash Equivalents 
2,302,751
12,350,534
10,430,515
17,657,135
16,162,145
14,636,111
12,574,807
13,632,340
11,217,878
11,063,411
5,998,112
4,770,504
4,271,647
3,585,442
2,816,407
11,791,146
12,152,923
12,292,953
10,561,610
11,785,848
12,150,011
5,287,116
5,106,871
6,953,496
12,945,658
13,753,060
13,092,304
12,864,123
13,957,502
13,584,565
12,574,542
11,654,668
9,219,403
11,454,981
9,946,262
9,321,501
8,955,447
10,187,724
9,897,436
10,789,017
8,466,102
8,764,415
9,137,145
9,408,031
10,799,903
13,313,615
11,434,896
10,974,453
10,927,971
13,536,824
11,470,092
11,670,450
10,648,296
12,258,872
10,276,460
25,781,630
22,102,350
22,421,100
20,421,047
19,048,710
21,047,000
21,093,633
20,004,403
20,098,469
18,233,738
19,569,095
18,504,491
19,667,822
21,266,218
21,958,591
20,508,225
19,871,031
23,044,148
21,402,892
23,126,189
28,050,992
28,878,256
31,957,789
32,892,657
34,036,458
36,350,802
38,671,734
38,671,734
41,602,490
41,970,420
42,466,933
34,831,385
39,795,023
40,960,126
47,390,527
42,557,000
42,068,000
41,327,000
42,472,000
37,266,000
42,587,000
41,419,000
41,419,00042,587,00037,266,00042,472,00041,327,00042,068,00042,557,00047,390,52740,960,12639,795,02334,831,38542,466,93341,970,42041,602,49038,671,73438,671,73436,350,80234,036,45832,892,65731,957,78928,878,25628,050,99223,126,18921,402,89223,044,14819,871,03120,508,22521,958,59121,266,21819,667,82218,504,49119,569,09518,233,73820,098,46920,004,40321,093,63321,047,00019,048,71020,421,04722,421,10022,102,35025,781,63010,276,46012,258,87210,648,29611,670,45011,470,09213,536,82410,927,97110,974,45311,434,89613,313,61510,799,9039,408,0319,137,1458,764,4158,466,10210,789,0179,897,43610,187,7248,955,4479,321,5019,946,26211,454,9819,219,40311,654,66812,574,54213,584,56513,957,50212,864,12313,092,30413,753,06012,945,6586,953,4965,106,8715,287,11612,150,01111,785,84810,561,61012,292,95312,152,92311,791,1462,816,4073,585,4424,271,6474,770,5045,998,11211,063,41111,217,87813,632,34012,574,80714,636,11116,162,14517,657,13510,430,51512,350,5342,302,751
       Short-term Investments 
0
0
0
6,027,060
6,209,600
3,161,303
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
304,697
0
0
0
0
0
11,785
12,135
12,070
12,860
12,183
12,165
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,581,212
2,140,921
2,892,338
3,417,957
2,670,885
2,629,332
1,849,014
3,185,141
1,975,910
2,503,951
1,364,724
2,714,757
1,294,616
1,446,000
1,112,000
1,926,000
1,918,000
1,592,000
1,504,000
1,529,000
1,529,0001,504,0001,592,0001,918,0001,926,0001,112,0001,446,0001,294,6162,714,7571,364,7242,503,9511,975,9103,185,1411,849,0142,629,3322,670,8853,417,9572,892,3382,140,9211,581,212000000000000000000000000000000000000000000012,16512,18312,86012,07012,13511,78500000304,69700000000000000003,161,3036,209,6006,027,060000
       Net Receivables 
2,605,745
4,421,534
3,599,550
4,487,717
4,500,719
3,967,588
5,381,487
5,442,015
5,857,820
8,996,132
6,853,875
7,840,716
7,306,925
10,244,676
6,018,443
6,731,267
6,646,864
9,000,522
5,344,100
6,729,614
6,226,862
7,408,289
5,793,356
6,684,910
6,745,367
11,984,934
6,143,953
7,789,292
8,170,942
9,697,201
7,929,675
9,095,450
11,807,198
12,238,110
8,912,171
9,983,046
9,570,348
10,256,527
8,532,066
8,726,598
8,574,513
11,396,597
9,635,137
17,623,610
16,131,816
16,431,374
14,063,299
14,452,571
15,455,622
18,509,849
18,640,643
19,262,002
19,305,087
22,303,695
20,656,846
21,184,456
21,630,625
25,197,732
24,610,619
26,191,676
23,899,309
27,490,935
26,142,978
26,484,098
27,012,757
29,998,322
30,111,033
30,402,699
31,838,713
36,293,086
33,777,782
34,987,447
36,569,128
40,273,863
39,579,821
40,364,560
41,374,900
41,898,362
42,832,484
40,453,930
42,589,869
42,679,304
42,720,857
40,673,899
44,156,757
46,679,434
44,784,189
45,831,686
48,201,947
53,072,853
53,757,000
56,641,000
36,079,000
41,340,000
57,897,000
39,017,000
44,043,000
44,043,00039,017,00057,897,00041,340,00036,079,00056,641,00053,757,00053,072,85348,201,94745,831,68644,784,18946,679,43444,156,75740,673,89942,720,85742,679,30442,589,86940,453,93042,832,48441,898,36241,374,90040,364,56039,579,82140,273,86336,569,12834,987,44733,777,78236,293,08631,838,71330,402,69930,111,03329,998,32227,012,75726,484,09826,142,97827,490,93523,899,30926,191,67624,610,61925,197,73221,630,62521,184,45620,656,84622,303,69519,305,08719,262,00218,640,64318,509,84915,455,62214,452,57114,063,29916,431,37416,131,81617,623,6109,635,13711,396,5978,574,5138,726,5988,532,06610,256,5279,570,3489,983,0468,912,17112,238,11011,807,1989,095,4507,929,6759,697,2018,170,9427,789,2926,143,95311,984,9346,745,3676,684,9105,793,3567,408,2896,226,8626,729,6145,344,1009,000,5226,646,8646,731,2676,018,44310,244,6767,306,9257,840,7166,853,8758,996,1325,857,8205,442,0155,381,4873,967,5884,500,7194,487,7173,599,5504,421,5342,605,745
       Inventory 
230,275
170,059
194,294
414,283
214,036
199,079
263,555
246,671
229,068
621,353
272,028
415,551
814,111
417,271
347,665
268,733
196,461
438,699
410,875
261,803
371,845
140,153
265,321
286,367
708,068
853,460
709,116
594,165
1,088,388
1,113,520
2,073,403
1,875,466
1,028,166
1,182,471
1,185,641
1,537,777
1,617,815
529,756
535,764
727,560
1,222,961
807,803
638,528
520,789
902,539
601,088
808,765
661,507
1,025,676
752,075
888,497
1,590,661
1,790,064
1,301,684
1,508,097
2,062,306
2,517,444
1,670,258
1,937,702
2,062,920
2,308,634
1,229,463
1,675,669
2,059,277
2,733,043
2,003,573
2,006,107
2,707,499
3,575,776
2,798,054
3,115,959
4,161,605
4,329,210
1,714,547
2,512,305
3,560,161
4,748,238
3,403,192
1,835,596
2,043,569
2,225,977
2,476,477
2,476,477
2,547,154
2,345,596
2,171,046
2,357,113
2,090,996
2,381,308
2,608,348
3,304,000
3,887,000
4,290,000
3,188,000
5,247,000
5,430,000
3,783,000
3,783,0005,430,0005,247,0003,188,0004,290,0003,887,0003,304,0002,608,3482,381,3082,090,9962,357,1132,171,0462,345,5962,547,1542,476,4772,476,4772,225,9772,043,5691,835,5963,403,1924,748,2383,560,1612,512,3051,714,5474,329,2104,161,6053,115,9592,798,0543,575,7762,707,4992,006,1072,003,5732,733,0432,059,2771,675,6691,229,4632,308,6342,062,9201,937,7021,670,2582,517,4442,062,3061,508,0971,301,6841,790,0641,590,661888,497752,0751,025,676661,507808,765601,088902,539520,789638,528807,8031,222,961727,560535,764529,7561,617,8151,537,7771,185,6411,182,4711,028,1661,875,4662,073,4031,113,5201,088,388594,165709,116853,460708,068286,367265,321140,153371,845261,803410,875438,699196,461268,733347,665417,271814,111415,551272,028621,353229,068246,671263,555199,079214,036414,283194,294170,059230,275
       Other Current Assets 
533,269
7,822,714
7,884,242
731,894
2,025,277
743,937
493,682
349,198
427,330
144,074
139,838
141,884
135,883
932,106
555,928
464,764
392,172
325,688
454,486
106,196
333,983
108,198
80,750
145,243
127,795
214,572
177,279
874,723
997,083
932,666
784,408
1,775,344
2,152,565
1,555,689
1,478,653
1,301,685
1,634,596
1,610,807
1,320,462
530,309
583,468
762,081
754,808
602,379
1,022,326
1,533,185
1,612,688
699,028
776,036
891,560
1,172,292
930,990
1,167,220
1,576,718
1,486,341
1,449,953
1,948,278
2,411,376
1,981,918
2,478,729
2,965,096
2,272,605
2,334,753
2,599,874
2,389,113
1,834,951
2,882,489
2,801,455
4,001,890
2,672,008
2,843,592
3,198,549
4,118,959
3,793,449
2,953,231
3,177,222
4,173,480
130,900
241,084
147,530
134,180
92,027
92,027
529,285
243,044
111,334
240,343
240,027
312,834
119,198
122,000
239,000
3,619,000
2,419,000
238,000
742,000
1,114,000
1,114,000742,000238,0002,419,0003,619,000239,000122,000119,198312,834240,027240,343111,334243,044529,28592,02792,027134,180147,530241,084130,9004,173,4803,177,2222,953,2313,793,4494,118,9593,198,5492,843,5922,672,0084,001,8902,801,4552,882,4891,834,9512,389,1132,599,8742,334,7532,272,6052,965,0962,478,7291,981,9182,411,3761,948,2781,449,9531,486,3411,576,7181,167,220930,9901,172,292891,560776,036699,0281,612,6881,533,1851,022,326602,379754,808762,081583,468530,3091,320,4621,610,8071,634,5961,301,6851,478,6531,555,6892,152,5651,775,344784,408932,666997,083874,723177,279214,572127,795145,24380,750108,198333,983106,196454,486325,688392,172464,764555,928932,106135,883141,884139,838144,074427,330349,198493,682743,9372,025,277731,8947,884,2427,822,714533,269
   > Long-term Assets 
8,083,869
8,481,692
9,755,599
16,319,840
16,107,583
32,023,563
29,365,746
30,945,698
24,827,542
24,091,760
27,032,319
25,353,371
23,957,833
16,294,579
24,668,024
18,550,178
18,239,250
20,151,169
24,081,893
23,498,074
25,155,859
23,572,142
20,932,837
21,060,734
22,268,062
22,961,747
20,046,725
20,600,184
19,681,923
21,403,004
26,080,423
27,021,230
26,570,359
27,178,981
27,489,699
28,996,080
28,345,898
27,944,430
27,773,901
27,977,876
27,329,452
26,220,808
26,174,857
34,237,240
34,846,696
36,935,306
37,202,752
39,028,518
39,242,533
39,802,938
41,335,907
42,269,080
42,981,463
44,670,297
45,848,421
47,363,505
52,397,227
52,166,109
52,751,641
53,439,589
55,608,469
56,618,679
57,134,220
59,564,547
60,233,051
64,428,963
65,767,690
67,533,911
70,232,896
73,673,410
76,254,133
78,269,441
82,211,137
86,264,068
85,997,313
86,541,326
84,446,278
88,317,741
124,447,627
122,398,282
120,215,089
119,933,833
119,933,833
119,253,314
118,207,152
127,372,612
132,545,670
133,406,905
130,027,685
127,319,534
124,544,000
131,213,000
131,710,000
139,515,000
145,648,000
147,046,000
146,766,000
146,766,000147,046,000145,648,000139,515,000131,710,000131,213,000124,544,000127,319,534130,027,685133,406,905132,545,670127,372,612118,207,152119,253,314119,933,833119,933,833120,215,089122,398,282124,447,62788,317,74184,446,27886,541,32685,997,31386,264,06882,211,13778,269,44176,254,13373,673,41070,232,89667,533,91165,767,69064,428,96360,233,05159,564,54757,134,22056,618,67955,608,46953,439,58952,751,64152,166,10952,397,22747,363,50545,848,42144,670,29742,981,46342,269,08041,335,90739,802,93839,242,53339,028,51837,202,75236,935,30634,846,69634,237,24026,174,85726,220,80827,329,45227,977,87627,773,90127,944,43028,345,89828,996,08027,489,69927,178,98126,570,35927,021,23026,080,42321,403,00419,681,92320,600,18420,046,72522,961,74722,268,06221,060,73420,932,83723,572,14225,155,85923,498,07424,081,89320,151,16918,239,25018,550,17824,668,02416,294,57923,957,83325,353,37127,032,31924,091,76024,827,54230,945,69829,365,74632,023,56316,107,58316,319,8409,755,5998,481,6928,083,869
       Property Plant Equipment 
4,157,072
4,665,994
4,765,314
5,608,532
5,544,184
6,492,458
7,348,858
6,958,989
7,644,550
7,767,647
7,688,364
8,613,896
8,900,344
9,144,104
9,235,928
9,115,076
8,456,944
8,608,007
8,514,410
9,032,794
9,996,717
9,723,554
9,156,785
9,142,951
9,573,506
10,318,974
9,772,103
9,499,551
9,418,844
9,854,138
11,297,617
11,286,096
11,117,358
11,723,901
12,016,568
13,671,718
13,805,470
13,172,891
13,109,350
13,170,532
13,160,935
12,970,152
13,221,294
14,805,994
14,534,536
16,480,724
16,732,431
18,714,980
18,974,061
19,735,546
20,828,270
21,910,736
22,167,374
23,025,755
23,484,200
23,784,050
26,556,765
26,971,485
26,940,399
28,084,978
28,458,260
29,370,054
29,745,390
32,650,992
33,014,363
34,324,150
35,366,605
36,612,558
37,081,355
39,775,444
40,415,418
42,193,028
45,124,889
46,414,250
45,693,269
46,088,514
47,184,318
33,136,059
70,734,187
68,958,625
65,611,003
67,960,224
67,960,224
64,349,799
62,972,768
67,792,127
66,495,867
65,562,714
62,019,144
62,719,619
60,046,000
65,344,000
65,400,000
69,996,000
69,569,000
70,216,000
68,836,000
68,836,00070,216,00069,569,00069,996,00065,400,00065,344,00060,046,00062,719,61962,019,14465,562,71466,495,86767,792,12762,972,76864,349,79967,960,22467,960,22465,611,00368,958,62570,734,18733,136,05947,184,31846,088,51445,693,26946,414,25045,124,88942,193,02840,415,41839,775,44437,081,35536,612,55835,366,60534,324,15033,014,36332,650,99229,745,39029,370,05428,458,26028,084,97826,940,39926,971,48526,556,76523,784,05023,484,20023,025,75522,167,37421,910,73620,828,27019,735,54618,974,06118,714,98016,732,43116,480,72414,534,53614,805,99413,221,29412,970,15213,160,93513,170,53213,109,35013,172,89113,805,47013,671,71812,016,56811,723,90111,117,35811,286,09611,297,6179,854,1389,418,8449,499,5519,772,10310,318,9749,573,5069,142,9519,156,7859,723,5549,996,7179,032,7948,514,4108,608,0078,456,9449,115,0769,235,9289,144,1048,900,3448,613,8967,688,3647,767,6477,644,5506,958,9897,348,8586,492,4585,544,1845,608,5324,765,3144,665,9944,157,072
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
507,651
0
0
0
1,389,337
0
0
0
2,503,739
2,508,071
2,507,894
2,507,258
2,639,319
2,639,319
2,639,319
2,639,319
2,639,319
2,614,319
3,396,507
4,113,857
5,788,333
5,788,333
5,788,333
5,788,333
5,788,333
5,973,287
5,968,960
5,969,951
5,969,951
5,969,951
5,969,951
5,969,951
5,969,951
5,969,951
5,969,951
6,169,609
6,169,609
6,169,609
6,169,609
6,169,609
6,169,609
6,169,609
6,169,609
6,169,609
6,169,609
6,169,609
6,169,609
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
6,082,472
9,263,655
9,264,427
9,235,576
9,479,464
9,765,000
9,877,000
9,790,000
9,859,000
10,097,000
10,192,000
10,153,000
10,153,00010,192,00010,097,0009,859,0009,790,0009,877,0009,765,0009,479,4649,235,5769,264,4279,263,6556,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,082,4726,169,6096,169,6096,169,6096,169,6096,169,6096,169,6096,169,6096,169,6096,169,6096,169,6096,169,6096,169,6095,969,9515,969,9515,969,9515,969,9515,969,9515,969,9515,969,9515,969,9515,968,9605,973,2875,788,3335,788,3335,788,3335,788,3335,788,3334,113,8573,396,5072,614,3192,639,3192,639,3192,639,3192,639,3192,639,3192,507,2582,507,8942,508,0712,503,7390001,389,337000507,6510000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
283,638
278,227
258,435
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000258,435278,227283,63800000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
189,701
0
0
0
141,472
0
0
0
561,257
0
0
633,423
126,177
635,250
635,357
671,508
1,493,962
5,845,434
5,809,307
5,927,797
3,395,453
3,381,797
3,362,933
3,338,633
3,201,806
3,061,818
3,013,492
2,965,166
2,819,187
2,761,016
7,590,856
7,433,843
6,054,503
5,900,687
5,747,310
5,593,530
5,396,469
5,257,205
5,117,608
4,978,211
4,791,431
4,676,197
4,567,370
4,455,457
4,338,944
4,239,681
4,139,667
4,040,541
3,941,279
3,844,937
3,747,911
3,650,885
3,549,459
3,454,177
3,359,032
3,263,886
3,087,017
2,995,042
2,903,851
2,797,659
2,704,668
2,615,679
2,525,720
2,432,814
18,818,707
17,944,188
18,333,822
17,858,133
18,280,247
18,280,247
17,700,998
17,271,611
16,954,274
16,767,426
16,706,806
16,523,124
16,423,552
16,125,000
15,678,000
16,200,000
16,616,000
17,548,000
17,268,000
17,359,000
17,359,00017,268,00017,548,00016,616,00016,200,00015,678,00016,125,00016,423,55216,523,12416,706,80616,767,42616,954,27417,271,61117,700,99818,280,24718,280,24717,858,13318,333,82217,944,18818,818,7072,432,8142,525,7202,615,6792,704,6682,797,6592,903,8512,995,0423,087,0173,263,8863,359,0323,454,1773,549,4593,650,8853,747,9113,844,9373,941,2794,040,5414,139,6674,239,6814,338,9444,455,4574,567,3704,676,1974,791,4314,978,2115,117,6085,257,2055,396,4695,593,5305,747,3105,900,6876,054,5037,433,8437,590,8562,761,0162,819,1872,965,1663,013,4923,061,8183,201,8063,338,6333,362,9333,381,7973,395,4535,927,7975,809,3075,845,4341,493,962671,508635,357635,250126,177633,42300561,257000141,472000189,7010000000000000
       Long-term Assets Other 
3,926,797
3,815,699
4,990,286
10,711,307
10,563,399
25,531,105
22,016,888
23,986,709
17,182,992
16,324,113
19,343,955
16,739,475
15,057,489
6,960,774
15,432,096
9,435,102
9,782,306
11,401,689
15,567,483
14,465,280
15,159,143
13,287,331
11,776,052
3,416,569
12,061,133
12,008,946
9,639,372
10,465,275
9,591,572
8,665,567
8,937,373
9,925,826
9,525,204
9,555,888
9,583,263
9,453,534
5,668,726
6,068,194
5,859,415
3,729,919
3,578,944
3,393,816
3,196,311
3,578,034
3,486,827
4,549,317
4,570,057
4,550,094
4,531,881
8,857,830
9,251,612
9,244,425
9,809,342
10,719,387
11,559,283
12,909,722
15,378,204
14,248,922
14,991,913
14,566,968
16,345,354
16,666,650
17,005,072
16,644,363
17,117,138
20,161,429
20,534,045
21,179,847
23,546,896
24,560,774
25,533,382
26,724,704
28,060,976
30,878,870
31,458,492
31,699,953
28,320,644
10,151,349
11,269,230
11,520,348
11,890,486
10,818,664
10,837,473
10,463,398
11,987,507
11,994,145
13,700,077
12,586,163
14,084,873
12,324,722
12,618,000
13,677,000
568,000
587,000
17,805,000
625,000
255,000
255,000625,00017,805,000587,000568,00013,677,00012,618,00012,324,72214,084,87312,586,16313,700,07711,994,14511,987,50710,463,39810,837,47310,818,66411,890,48611,520,34811,269,23010,151,34928,320,64431,699,95331,458,49230,878,87028,060,97626,724,70425,533,38224,560,77423,546,89621,179,84720,534,04520,161,42917,117,13816,644,36317,005,07216,666,65016,345,35414,566,96814,991,91314,248,92215,378,20412,909,72211,559,28310,719,3879,809,3429,244,4259,251,6128,857,8304,531,8814,550,0944,570,0574,549,3173,486,8273,578,0343,196,3113,393,8163,578,9443,729,9195,859,4156,068,1945,668,7269,453,5349,583,2639,555,8889,525,2049,925,8268,937,3738,665,5679,591,57210,465,2759,639,37212,008,94612,061,1333,416,56911,776,05213,287,33115,159,14314,465,28015,567,48311,401,6899,782,3069,435,10215,432,0966,960,77415,057,48916,739,47519,343,95516,324,11317,182,99223,986,70922,016,88825,531,10510,563,39910,711,3074,990,2863,815,6993,926,797
> Total Liabilities 
13,768,028
17,856,194
16,392,270
31,957,767
23,166,872
35,421,422
33,096,928
33,186,921
33,129,148
36,562,420
35,078,525
36,220,005
37,054,638
41,155,430
37,443,593
36,064,897
33,709,385
35,905,861
30,891,572
33,043,689
33,883,851
24,475,364
22,506,128
23,732,628
23,796,048
29,275,071
22,246,450
22,873,802
23,760,371
26,825,095
30,491,901
29,286,969
28,537,499
30,385,283
26,711,874
28,148,776
28,141,947
27,058,280
25,304,057
25,654,612
23,072,415
23,751,747
23,526,617
38,156,649
38,456,584
41,831,639
39,325,281
38,394,455
39,632,892
40,796,999
40,257,641
41,363,960
40,673,918
44,477,088
41,285,682
40,634,109
41,679,474
43,685,949
42,041,101
42,938,136
44,239,721
45,861,535
44,091,544
46,851,618
46,197,050
52,490,929
53,975,864
57,031,127
65,149,491
70,014,949
68,477,659
71,085,351
79,226,564
79,460,262
79,628,260
85,310,444
88,420,032
90,169,586
126,567,163
122,957,702
123,502,892
126,467,143
126,467,143
122,640,005
123,935,818
129,805,618
123,679,272
124,481,993
123,606,900
127,184,279
119,110,000
123,655,000
121,693,000
126,891,000
136,710,000
142,543,000
144,283,000
144,283,000142,543,000136,710,000126,891,000121,693,000123,655,000119,110,000127,184,279123,606,900124,481,993123,679,272129,805,618123,935,818122,640,005126,467,143126,467,143123,502,892122,957,702126,567,16390,169,58688,420,03285,310,44479,628,26079,460,26279,226,56471,085,35168,477,65970,014,94965,149,49157,031,12753,975,86452,490,92946,197,05046,851,61844,091,54445,861,53544,239,72142,938,13642,041,10143,685,94941,679,47440,634,10941,285,68244,477,08840,673,91841,363,96040,257,64140,796,99939,632,89238,394,45539,325,28141,831,63938,456,58438,156,64923,526,61723,751,74723,072,41525,654,61225,304,05727,058,28028,141,94728,148,77626,711,87430,385,28328,537,49929,286,96930,491,90126,825,09523,760,37122,873,80222,246,45029,275,07123,796,04823,732,62822,506,12824,475,36433,883,85133,043,68930,891,57235,905,86133,709,38536,064,89737,443,59341,155,43037,054,63836,220,00535,078,52536,562,42033,129,14833,186,92133,096,92835,421,42223,166,87231,957,76716,392,27017,856,19413,768,028
   > Total Current Liabilities 
11,331,960
15,709,199
14,295,941
14,430,520
20,749,383
14,692,270
11,582,702
12,300,243
11,298,710
15,057,749
13,682,292
14,342,054
14,926,238
18,815,903
15,374,132
15,607,158
16,864,987
30,479,881
25,210,550
27,296,137
26,599,323
18,186,693
17,268,704
18,206,756
17,831,150
22,941,973
17,026,912
17,562,674
18,480,804
21,179,616
23,793,090
22,920,786
22,515,592
23,890,618
20,010,727
20,756,597
20,476,879
19,787,648
18,402,909
18,995,186
16,548,152
17,713,868
17,567,927
32,173,491
31,333,408
34,165,451
31,466,886
27,297,768
28,250,241
29,460,421
28,301,402
29,679,444
28,576,491
32,384,107
29,377,233
30,046,373
29,899,517
32,466,927
31,318,125
31,336,667
32,369,881
33,741,335
32,174,689
34,079,430
33,342,471
36,066,106
33,691,014
36,080,047
36,218,636
39,983,107
37,738,263
40,830,834
41,554,862
42,145,033
42,473,839
47,711,477
51,926,400
52,904,207
59,145,029
62,708,387
64,790,504
65,686,645
65,686,645
65,581,043
69,391,354
73,259,027
68,534,948
70,030,585
72,021,296
76,777,554
72,110,000
74,501,000
74,102,000
77,864,000
88,201,000
92,768,000
96,861,000
96,861,00092,768,00088,201,00077,864,00074,102,00074,501,00072,110,00076,777,55472,021,29670,030,58568,534,94873,259,02769,391,35465,581,04365,686,64565,686,64564,790,50462,708,38759,145,02952,904,20751,926,40047,711,47742,473,83942,145,03341,554,86240,830,83437,738,26339,983,10736,218,63636,080,04733,691,01436,066,10633,342,47134,079,43032,174,68933,741,33532,369,88131,336,66731,318,12532,466,92729,899,51730,046,37329,377,23332,384,10728,576,49129,679,44428,301,40229,460,42128,250,24127,297,76831,466,88634,165,45131,333,40832,173,49117,567,92717,713,86816,548,15218,995,18618,402,90919,787,64820,476,87920,756,59720,010,72723,890,61822,515,59222,920,78623,793,09021,179,61618,480,80417,562,67417,026,91222,941,97317,831,15018,206,75617,268,70418,186,69326,599,32327,296,13725,210,55030,479,88116,864,98715,607,15815,374,13218,815,90314,926,23814,342,05413,682,29215,057,74911,298,71012,300,24311,582,70214,692,27020,749,38314,430,52014,295,94115,709,19911,331,960
       Short-term Debt 
9,429,160
11,287,666
11,350,854
10,633,205
15,948,931
7,808,417
6,807,404
7,297,342
6,860,321
7,205,438
7,989,076
8,499,513
8,136,714
9,475,963
9,888,743
9,846,677
11,138,553
22,347,895
20,277,760
20,932,321
21,590,704
11,966,544
12,160,723
10,176,204
10,405,353
10,568,385
10,655,749
10,095,841
9,450,032
9,313,814
14,669,992
14,011,115
12,993,406
12,588,294
10,895,391
10,619,689
11,377,629
10,622,257
10,332,099
10,281,879
8,210,449
7,179,673
7,164,694
16,053,958
16,048,273
16,217,955
16,178,123
13,109,090
13,123,376
13,007,292
13,135,000
13,808,167
13,867,410
10,410,000
14,060,662
14,072,346
14,029,275
14,133,026
14,081,114
13,081,036
12,996,578
12,772,113
12,593,719
12,739,190
12,712,666
13,204,386
13,362,412
13,532,781
13,728,624
14,068,723
14,374,025
14,652,826
14,890,906
14,905,875
15,829,444
16,060,613
19,074,126
12,750,000
15,915,000
15,945,000
15,580,000
15,580,000
15,580,000
18,750,000
18,560,000
18,560,000
16,705,000
16,705,000
16,370,000
16,370,000
16,620,000
16,620,000
0
0
29,580,000
0
0
0029,580,0000016,620,00016,620,00016,370,00016,370,00016,705,00016,705,00018,560,00018,560,00018,750,00015,580,00015,580,00015,580,00015,945,00015,915,00012,750,00019,074,12616,060,61315,829,44414,905,87514,890,90614,652,82614,374,02514,068,72313,728,62413,532,78113,362,41213,204,38612,712,66612,739,19012,593,71912,772,11312,996,57813,081,03614,081,11414,133,02614,029,27514,072,34614,060,66210,410,00013,867,41013,808,16713,135,00013,007,29213,123,37613,109,09016,178,12316,217,95516,048,27316,053,9587,164,6947,179,6738,210,44910,281,87910,332,09910,622,25711,377,62910,619,68910,895,39112,588,29412,993,40614,011,11514,669,9929,313,8149,450,03210,095,84110,655,74910,568,38510,405,35310,176,20412,160,72311,966,54421,590,70420,932,32120,277,76022,347,89511,138,5539,846,6779,888,7439,475,9638,136,7148,499,5137,989,0767,205,4386,860,3217,297,3426,807,4047,808,41715,948,93110,633,20511,350,85411,287,6669,429,160
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,763
6,583
13,689
12,750,000
15,915,000
15,945,000
15,580,000
15,580,000
15,580,000
18,750,000
18,560,000
18,560,000
16,705,000
16,705,000
16,370,000
16,370,000
16,620,000
16,620,000
16,770,000
16,828,000
29,580,000
29,581,000
30,130,000
30,130,00029,581,00029,580,00016,828,00016,770,00016,620,00016,620,00016,370,00016,370,00016,705,00016,705,00018,560,00018,560,00018,750,00015,580,00015,580,00015,580,00015,945,00015,915,00012,750,00013,6896,5836,76300000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
1,624,046
3,932,614
2,403,109
3,181,408
3,560,111
6,308,738
4,012,199
4,333,384
3,444,050
7,096,718
4,821,198
5,128,742
5,854,258
8,399,221
4,406,587
4,859,723
4,616,300
7,193,078
3,731,050
4,496,093
3,563,616
4,861,294
3,665,576
5,205,982
4,103,724
10,127,119
3,787,219
5,092,064
5,809,059
8,483,534
5,905,659
6,118,632
6,524,757
7,884,236
5,931,712
6,796,228
5,570,313
6,064,829
4,774,081
5,386,158
5,035,574
6,967,654
6,420,305
6,635,539
10,466,330
13,574,152
10,019,737
8,678,171
8,534,228
9,752,923
9,243,394
9,428,326
9,150,548
10,973,120
9,050,932
9,479,379
10,019,098
11,491,666
9,830,019
10,529,223
11,122,154
12,182,908
10,603,590
11,747,564
12,035,158
13,906,703
11,852,704
14,391,744
14,045,710
14,653,065
13,028,880
14,899,050
15,450,618
14,950,920
15,103,607
18,688,097
20,939,760
21,962,239
17,531,049
17,045,749
19,689,375
18,287,546
18,287,546
15,644,741
20,271,191
19,243,800
15,483,814
16,741,727
19,466,839
20,741,835
19,393,000
21,773,000
23,819,000
22,313,000
19,580,000
22,412,000
27,011,000
27,011,00022,412,00019,580,00022,313,00023,819,00021,773,00019,393,00020,741,83519,466,83916,741,72715,483,81419,243,80020,271,19115,644,74118,287,54618,287,54619,689,37517,045,74917,531,04921,962,23920,939,76018,688,09715,103,60714,950,92015,450,61814,899,05013,028,88014,653,06514,045,71014,391,74411,852,70413,906,70312,035,15811,747,56410,603,59012,182,90811,122,15410,529,2239,830,01911,491,66610,019,0989,479,3799,050,93210,973,1209,150,5489,428,3269,243,3949,752,9238,534,2288,678,17110,019,73713,574,15210,466,3306,635,5396,420,3056,967,6545,035,5745,386,1584,774,0816,064,8295,570,3136,796,2285,931,7127,884,2366,524,7576,118,6325,905,6598,483,5345,809,0595,092,0643,787,21910,127,1194,103,7245,205,9823,665,5764,861,2943,563,6164,496,0933,731,0507,193,0784,616,3004,859,7234,406,5878,399,2215,854,2585,128,7424,821,1987,096,7183,444,0504,333,3844,012,1996,308,7383,560,1113,181,4082,403,1093,932,6141,624,046
       Other Current Liabilities 
278,754
488,920
541,978
615,907
1,240,341
575,116
763,100
669,517
994,339
755,592
872,018
713,799
935,265
940,718
1,078,802
900,758
1,110,134
938,907
1,201,740
1,867,723
1,445,003
1,358,855
1,442,405
2,824,570
3,322,074
2,246,469
2,583,944
2,374,770
3,221,713
3,382,268
3,217,439
2,791,039
2,997,429
1,867,385
1,626,381
1,465,508
1,643,494
1,844,813
2,018,711
1,839,710
1,987,100
2,121,367
2,072,217
8,756,552
7,707,498
2,706,008
2,883,900
3,229,883
4,103,316
6,700,206
5,923,008
6,442,951
5,558,533
11,000,987
6,265,639
6,494,648
5,851,144
6,842,235
7,406,992
7,726,408
8,251,149
8,786,314
8,977,380
9,592,676
8,594,647
8,955,017
8,475,898
8,155,522
8,444,302
11,261,319
10,335,358
11,278,958
11,213,338
12,288,238
11,540,788
12,962,767
11,912,514
18,191,968
25,698,980
29,717,638
29,521,129
31,819,099
31,819,099
31,186,302
30,560,163
35,455,227
36,346,134
36,583,858
36,184,457
39,665,719
36,097,000
36,108,000
33,513,000
38,723,000
39,041,000
6,489,000
6,690,000
6,690,0006,489,00039,041,00038,723,00033,513,00036,108,00036,097,00039,665,71936,184,45736,583,85836,346,13435,455,22730,560,16331,186,30231,819,09931,819,09929,521,12929,717,63825,698,98018,191,96811,912,51412,962,76711,540,78812,288,23811,213,33811,278,95810,335,35811,261,3198,444,3028,155,5228,475,8988,955,0178,594,6479,592,6768,977,3808,786,3148,251,1497,726,4087,406,9926,842,2355,851,1446,494,6486,265,63911,000,9875,558,5336,442,9515,923,0086,700,2064,103,3163,229,8832,883,9002,706,0087,707,4988,756,5522,072,2172,121,3671,987,1001,839,7102,018,7111,844,8131,643,4941,465,5081,626,3811,867,3852,997,4292,791,0393,217,4393,382,2683,221,7132,374,7702,583,9442,246,4693,322,0742,824,5701,442,4051,358,8551,445,0031,867,7231,201,740938,9071,110,134900,7581,078,802940,718935,265713,799872,018755,592994,339669,517763,100575,1161,240,341615,907541,978488,920278,754
   > Long-term Liabilities 
2,436,068
2,146,995
2,096,329
17,527,247
2,417,489
20,729,152
21,514,225
20,886,678
21,830,438
21,504,671
21,396,233
21,877,951
22,128,400
22,339,527
22,069,461
20,457,738
16,844,397
5,425,980
5,681,022
5,747,551
7,284,527
6,288,671
5,237,424
5,525,872
5,964,898
6,333,098
5,219,537
5,311,128
5,279,567
5,645,478
6,698,811
6,366,183
6,021,907
6,494,666
6,701,147
7,392,180
7,665,068
7,270,632
6,901,148
6,659,426
6,524,263
6,037,879
5,958,690
5,983,158
7,123,176
7,666,188
7,858,395
11,096,687
11,382,651
11,336,578
11,956,239
11,684,516
12,097,427
12,092,981
11,908,449
10,587,736
11,779,957
11,219,022
10,722,976
11,601,469
11,869,840
12,120,200
11,916,855
12,772,188
12,854,579
16,424,823
20,284,850
20,951,080
28,930,855
30,031,842
30,739,396
30,254,517
37,671,702
37,315,229
37,154,421
37,598,967
36,493,632
37,265,379
67,422,134
60,249,315
58,712,388
60,780,498
60,780,498
57,058,962
54,544,464
56,546,591
55,144,324
54,451,408
51,585,604
50,406,725
47,000,000
49,154,000
47,591,000
49,027,000
48,509,000
49,775,000
47,422,000
47,422,00049,775,00048,509,00049,027,00047,591,00049,154,00047,000,00050,406,72551,585,60454,451,40855,144,32456,546,59154,544,46457,058,96260,780,49860,780,49858,712,38860,249,31567,422,13437,265,37936,493,63237,598,96737,154,42137,315,22937,671,70230,254,51730,739,39630,031,84228,930,85520,951,08020,284,85016,424,82312,854,57912,772,18811,916,85512,120,20011,869,84011,601,46910,722,97611,219,02211,779,95710,587,73611,908,44912,092,98112,097,42711,684,51611,956,23911,336,57811,382,65111,096,6877,858,3957,666,1887,123,1765,983,1585,958,6906,037,8796,524,2636,659,4266,901,1487,270,6327,665,0687,392,1806,701,1476,494,6666,021,9076,366,1836,698,8115,645,4785,279,5675,311,1285,219,5376,333,0985,964,8985,525,8725,237,4246,288,6717,284,5275,747,5515,681,0225,425,98016,844,39720,457,73822,069,46122,339,52722,128,40021,877,95121,396,23321,504,67121,830,43820,886,67821,514,22520,729,1522,417,48917,527,2472,096,3292,146,9952,436,068
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
103,630
102,243
99,685
11,753,000
54,338,000
47,165,000
46,543,000
48,612,000
48,601,000
48,975,000
47,546,000
49,547,000
48,897,000
48,203,000
46,086,000
44,909,000
42,500,000
44,654,000
43,920,000
45,425,000
46,669,000
0
0
0046,669,00045,425,00043,920,00044,654,00042,500,00044,909,00046,086,00048,203,00048,897,00049,547,00047,546,00048,975,00048,601,00048,612,00046,543,00047,165,00054,338,00011,753,00099,685102,243103,63000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
-763,544
14,603,816
14,684,529
12,877,276
15,004,624
18,635,102
14,822,197
17,004,515
9,212,086
7,737,476
4,898,528
1,858,238
-586,293
-9,996,107
-2,869,222
1,957,850
4,307,668
6,218,516
9,992,279
9,044,679
10,354,710
11,616,428
10,187,898
11,380,120
19,087,129
20,260,240
18,477,096
19,814,810
20,276,888
20,156,583
21,037,994
23,755,066
24,152,901
24,945,857
24,998,832
24,985,271
24,381,730
25,169,184
25,296,144
25,640,526
25,818,245
27,319,577
27,288,246
27,765,092
28,695,935
29,652,287
29,863,505
30,747,851
31,423,082
32,688,205
33,246,748
34,350,004
35,196,281
37,606,775
38,458,030
57,153,390
58,838,010
59,912,185
59,375,329
59,972,713
61,264,407
62,504,402
62,799,743
63,519,337
63,942,920
64,845,207
64,781,721
65,524,102
65,167,073
66,741,871
67,388,722
68,776,582
70,380,629
73,270,057
73,830,088
75,627,910
74,399,912
76,271,438
76,979,198
78,117,387
80,487,957
79,075,589
79,075,589
82,849,790
85,177,724
89,956,379
92,580,385
97,214,752
99,926,164
103,528,120
105,480,000
110,359,000
112,006,000
118,117,000
109,968,000
115,342,000
116,953,000
116,953,000115,342,000109,968,000118,117,000112,006,000110,359,000105,480,000103,528,12099,926,16497,214,75292,580,38589,956,37985,177,72482,849,79079,075,58979,075,58980,487,95778,117,38776,979,19876,271,43874,399,91275,627,91073,830,08873,270,05770,380,62968,776,58267,388,72266,741,87165,167,07365,524,10264,781,72164,845,20763,942,92063,519,33762,799,74362,504,40261,264,40759,972,71359,375,32959,912,18558,838,01057,153,39038,458,03037,606,77535,196,28134,350,00433,246,74832,688,20531,423,08230,747,85129,863,50529,652,28728,695,93527,765,09227,288,24627,319,57725,818,24525,640,52625,296,14425,169,18424,381,73024,985,27124,998,83224,945,85724,152,90123,755,06621,037,99420,156,58320,276,88819,814,81018,477,09620,260,24019,087,12911,380,12010,187,89811,616,42810,354,7109,044,6799,992,2796,218,5164,307,6681,957,850-2,869,222-9,996,107-586,2931,858,2384,898,5287,737,4769,212,08617,004,51514,822,19718,635,10215,004,62412,877,27614,684,52914,603,816-763,544
   Common Stock
0
7,046,819
7,086,615
7,080,809
7,083,950
7,098,404
7,082,309
7,114,483
7,115,192
7,093,528
7,062,796
7,079,095
7,084,095
7,076,506
7,757,964
13,774,977
13,779,303
13,775,126
13,680,479
13,746,231
13,755,490
13,766,983
13,766,624
13,765,372
16,866,666
16,865,702
16,835,547
16,839,620
16,836,735
16,871,163
16,802,512
16,811,799
16,842,853
16,810,350
16,838,998
16,837,978
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,833,847
16,835,422
25,497,022
25,497,022
25,497,022
25,499,857
25,499,857
25,499,857
25,499,857
25,499,857
25,509,499
25,509,499
25,509,499
25,509,499
25,509,499
25,509,499
25,509,499
25,511,804
25,511,804
25,511,804
25,511,804
25,518,712
25,518,712
25,518,712
25,518,712
25,518,712
25,530,621
25,530,621
25,530,621
25,530,621
25,530,621
25,530,621
25,530,621
25,546,483
25,561,838
25,561,838
25,561,838
25,562,000
25,562,000
25,562,000
25,562,000
25,562,000
0
0
0025,562,00025,562,00025,562,00025,562,00025,562,00025,561,83825,561,83825,561,83825,546,48325,530,62125,530,62125,530,62125,530,62125,530,62125,530,62125,530,62125,518,71225,518,71225,518,71225,518,71225,518,71225,511,80425,511,80425,511,80425,511,80425,509,49925,509,49925,509,49925,509,49925,509,49925,509,49925,509,49925,499,85725,499,85725,499,85725,499,85725,499,85725,497,02225,497,02225,497,02216,835,42216,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,833,84716,837,97816,838,99816,810,35016,842,85316,811,79916,802,51216,871,16316,836,73516,839,62016,835,54716,865,70216,866,66613,765,37213,766,62413,766,98313,755,49013,746,23113,680,47913,775,12613,779,30313,774,9777,757,9647,076,5067,084,0957,079,0957,062,7967,093,5287,115,1927,114,4837,082,3097,098,4047,083,9507,080,8097,086,6157,046,8190
   Retained Earnings 
654,466
-4,485,306
-5,665,201
-8,091,686
-6,063,502
-9,430,844
-12,427,251
-10,811,138
-16,618,616
-18,237,217
-20,746,164
-23,119,007
-25,401,947
-34,656,757
-29,494,371
-37,464,317
-35,495,122
-34,815,056
-33,150,300
-33,582,150
-32,685,308
-34,438,155
-33,814,430
-32,810,738
-31,683,536
-29,736,700
-28,949,610
-26,835,725
-25,425,986
-24,324,476
-23,961,820
-21,072,302
-20,655,080
-19,528,268
-19,598,874
-19,399,174
-19,614,123
-18,549,142
-18,571,208
-18,036,299
-17,820,937
-16,720,092
-16,726,308
-16,113,995
-15,229,539
-14,023,259
-13,815,020
-12,965,835
-12,241,664
-10,990,348
-10,448,338
-9,337,889
-8,587,457
-6,399,088
-5,850,646
-4,599,585
-4,385,715
-2,867,548
-2,881,807
-1,928,614
-1,564,332
-556,162
-340,488
590,972
1,005,817
2,471,276
2,495,055
3,073,730
3,255,696
4,511,945
4,609,672
5,391,597
5,983,175
8,404,228
14,167,105
15,899,122
14,607,504
12,335,035
14,074,789
14,992,750
15,982,012
16,500,993
16,500,993
18,914,141
21,096,389
25,046,813
26,794,675
30,179,558
32,732,212
37,023,749
39,157,000
43,404,000
44,977,000
51,077,000
52,281,000
57,081,000
58,700,000
58,700,00057,081,00052,281,00051,077,00044,977,00043,404,00039,157,00037,023,74932,732,21230,179,55826,794,67525,046,81321,096,38918,914,14116,500,99316,500,99315,982,01214,992,75014,074,78912,335,03514,607,50415,899,12214,167,1058,404,2285,983,1755,391,5974,609,6724,511,9453,255,6963,073,7302,495,0552,471,2761,005,817590,972-340,488-556,162-1,564,332-1,928,614-2,881,807-2,867,548-4,385,715-4,599,585-5,850,646-6,399,088-8,587,457-9,337,889-10,448,338-10,990,348-12,241,664-12,965,835-13,815,020-14,023,259-15,229,539-16,113,995-16,726,308-16,720,092-17,820,937-18,036,299-18,571,208-18,549,142-19,614,123-19,399,174-19,598,874-19,528,268-20,655,080-21,072,302-23,961,820-24,324,476-25,425,986-26,835,725-28,949,610-29,736,700-31,683,536-32,810,738-33,814,430-34,438,155-32,685,308-33,582,150-33,150,300-34,815,056-35,495,122-37,464,317-29,494,371-34,656,757-25,401,947-23,119,007-20,746,164-18,237,217-16,618,616-10,811,138-12,427,251-9,430,844-6,063,502-8,091,686-5,665,201-4,485,306654,466
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
-1,418,010
11,967,902
12,046,222
12,025,999
12,031,340
17,107,229
17,068,464
17,145,758
17,147,578
17,095,256
17,021,323
17,060,477
17,072,455
17,054,327
17,734,731
23,653,991
23,661,556
23,610,301
23,448,070
23,560,911
23,576,647
23,596,484
23,555,543
23,553,390
26,566,667
26,565,208
26,517,522
26,524,007
26,519,492
26,658,143
27,560,317
27,575,695
27,626,356
27,573,238
27,620,115
27,618,523
27,311,182
27,205,190
27,115,272
27,009,225
27,052,850
27,037,053
27,037,053
27,015,557
26,973,439
26,926,833
26,926,833
26,943,227
26,925,333
26,844,706
26,861,239
26,854,046
26,949,891
27,172,016
27,473,254
36,255,953
37,726,703
37,282,711
36,757,279
36,401,470
37,328,882
37,560,707
37,640,374
37,418,866
37,427,604
36,864,432
36,777,167
36,940,873
36,401,878
36,720,427
37,267,246
37,873,181
38,885,650
39,354,025
34,144,271
34,210,076
34,273,696
38,417,691
37,385,697
37,594,016
38,975,324
37,043,975
37,043,975
38,405,028
38,550,714
39,378,945
40,239,227
41,473,356
41,632,114
40,942,533
40,761,000
41,393,000
6,621,000
6,571,000
32,125,000
0
0
0032,125,0006,571,0006,621,00041,393,00040,761,00040,942,53341,632,11441,473,35640,239,22739,378,94538,550,71438,405,02837,043,97537,043,97538,975,32437,594,01637,385,69738,417,69134,273,69634,210,07634,144,27139,354,02538,885,65037,873,18137,267,24636,720,42736,401,87836,940,87336,777,16736,864,43237,427,60437,418,86637,640,37437,560,70737,328,88236,401,47036,757,27937,282,71137,726,70336,255,95327,473,25427,172,01626,949,89126,854,04626,861,23926,844,70626,925,33326,943,22726,926,83326,926,83326,973,43927,015,55727,037,05327,037,05327,052,85027,009,22527,115,27227,205,19027,311,18227,618,52327,620,11527,573,23827,626,35627,575,69527,560,31726,658,14326,519,49226,524,00726,517,52226,565,20826,566,66723,553,39023,555,54323,596,48423,576,64723,560,91123,448,07023,610,30123,661,55623,653,99117,734,73117,054,32717,072,45517,060,47717,021,32317,095,25617,147,57817,145,75817,068,46417,107,22912,031,34012,025,99912,046,22211,967,902-1,418,010



Balance Sheet

Currency in JPY. All numbers in thousands.




Cash Flow

Currency in JPY. All numbers in thousands.




Income Statement

Currency in JPY. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue252,708,000
Cost of Revenue-194,800,000
Gross Profit57,908,00057,908,000
 
Operating Income (+$)
Gross Profit57,908,000
Operating Expense-30,687,000
Operating Income27,221,00027,221,000
 
Operating Expense (+$)
Research Development546,000
Selling General Administrative30,897,000
Selling And Marketing Expenses4,224,000
Operating Expense30,687,00035,667,000
 
Net Interest Income (+$)
Interest Income844,000
Interest Expense-552,000
Other Finance Cost-0
Net Interest Income292,000
 
Pretax Income (+$)
Operating Income27,221,000
Net Interest Income292,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)27,309,00027,133,000
EBIT - interestExpense = 27,309,000
27,168,000
19,390,000
Interest Expense552,000
Earnings Before Interest and Taxes (EBIT)27,861,00027,861,000
Earnings Before Interest and Taxes (EBITDA)56,662,000
 
After tax Income (+$)
Income Before Tax27,309,000
Tax Provision-8,330,000
Net Income From Continuing Ops18,979,00018,979,000
Net Income18,838,000
Net Income Applicable To Common Shares18,838,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses225,487,000
Total Other Income/Expenses Net88,000-292,000
 

Technical Analysis of Internet Initiative Japan Inc ADR
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Internet Initiative Japan Inc ADR. The general trend of Internet Initiative Japan Inc ADR is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Internet Initiative Japan Inc ADR's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Internet Initiative Japan Inc ADR.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 39.68 < 41.73 < 43.73.

The bearish price targets are: 38.17 > 38.17 > 38.17.

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Internet Initiative Japan Inc ADR Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Internet Initiative Japan Inc ADR. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Internet Initiative Japan Inc ADR Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Internet Initiative Japan Inc ADR. The current macd is 0.0173113.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Internet Initiative Japan Inc ADR price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Internet Initiative Japan Inc ADR. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Internet Initiative Japan Inc ADR price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Internet Initiative Japan Inc ADR Daily Moving Average Convergence/Divergence (MACD) ChartInternet Initiative Japan Inc ADR Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Internet Initiative Japan Inc ADR. The current adx is 15.22.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Internet Initiative Japan Inc ADR shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Internet Initiative Japan Inc ADR Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Internet Initiative Japan Inc ADR. The current sar is 38.34.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Internet Initiative Japan Inc ADR Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Internet Initiative Japan Inc ADR. The current rsi is 54.17. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Internet Initiative Japan Inc ADR Daily Relative Strength Index (RSI) ChartInternet Initiative Japan Inc ADR Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Internet Initiative Japan Inc ADR. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Internet Initiative Japan Inc ADR price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Internet Initiative Japan Inc ADR Daily Stochastic Oscillator ChartInternet Initiative Japan Inc ADR Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Internet Initiative Japan Inc ADR. The current cci is 68.51.

Internet Initiative Japan Inc ADR Daily Commodity Channel Index (CCI) ChartInternet Initiative Japan Inc ADR Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Internet Initiative Japan Inc ADR. The current cmo is 17.67.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Internet Initiative Japan Inc ADR Daily Chande Momentum Oscillator (CMO) ChartInternet Initiative Japan Inc ADR Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Internet Initiative Japan Inc ADR. The current willr is -64.78405316.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Internet Initiative Japan Inc ADR is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Internet Initiative Japan Inc ADR Daily Williams %R ChartInternet Initiative Japan Inc ADR Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Internet Initiative Japan Inc ADR.

Internet Initiative Japan Inc ADR Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Internet Initiative Japan Inc ADR. The current atr is 0.19931845.

Internet Initiative Japan Inc ADR Daily Average True Range (ATR) ChartInternet Initiative Japan Inc ADR Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Internet Initiative Japan Inc ADR. The current obv is 38,274.

Internet Initiative Japan Inc ADR Daily On-Balance Volume (OBV) ChartInternet Initiative Japan Inc ADR Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Internet Initiative Japan Inc ADR. The current mfi is 82.80.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Internet Initiative Japan Inc ADR Daily Money Flow Index (MFI) ChartInternet Initiative Japan Inc ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Internet Initiative Japan Inc ADR.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-16ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-02MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Internet Initiative Japan Inc ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Internet Initiative Japan Inc ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.168
Ma 20Greater thanMa 5038.394
Ma 50Greater thanMa 10038.894
Ma 100Greater thanMa 20037.636
OpenGreater thanClose38.700
Total3/5 (60.0%)
Penke

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