IBC Pretax Profit Margin vs Price Earnings Ratio Analysis

IB Stock  CAD 0.08  0.02  20.00%   
IBC Advanced financial indicator trend analysis is infinitely more than just investigating IBC Advanced Alloys recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IBC Advanced Alloys is a good investment. Please check the relationship between IBC Advanced Pretax Profit Margin and its Price Earnings Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Pretax Profit Margin vs Price Earnings Ratio

Pretax Profit Margin vs Price Earnings Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IBC Advanced Alloys Pretax Profit Margin account and Price Earnings Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between IBC Advanced's Pretax Profit Margin and Price Earnings Ratio is 0.88. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Price Earnings Ratio in the same time period over historical financial statements of IBC Advanced Alloys, assuming nothing else is changed. The correlation between historical values of IBC Advanced's Pretax Profit Margin and Price Earnings Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of IBC Advanced Alloys are associated (or correlated) with its Price Earnings Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Earnings Ratio has no effect on the direction of Pretax Profit Margin i.e., IBC Advanced's Pretax Profit Margin and Price Earnings Ratio go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Pretax Profit Margin

Price Earnings Ratio

Most indicators from IBC Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IBC Advanced Alloys current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to climb to 1,208 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.5 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses26.7M32.0M36.8M20.0M
Interest Expense1.6M2.4M2.8M2.9M

IBC Advanced fundamental ratios Correlations

0.70.730.180.950.67-0.760.760.040.940.040.770.650.680.540.760.770.940.750.730.920.60.54-0.740.7-0.49
0.70.54-0.040.690.46-0.840.720.030.620.030.450.550.490.130.80.550.690.520.460.750.30.29-0.690.7-0.73
0.730.54-0.410.690.94-0.70.72-0.30.7-0.30.930.960.530.270.650.990.70.970.980.760.920.82-0.370.83-0.67
0.18-0.04-0.410.15-0.470.07-0.220.550.20.55-0.17-0.55-0.070.340.12-0.380.13-0.39-0.36-0.07-0.45-0.44-0.49-0.470.43
0.950.690.690.150.7-0.730.73-0.130.98-0.130.690.650.70.410.710.730.80.740.710.860.50.62-0.690.67-0.44
0.670.460.94-0.470.7-0.630.61-0.530.71-0.530.870.960.630.160.540.960.570.980.960.720.840.85-0.270.8-0.6
-0.76-0.84-0.70.07-0.73-0.63-0.78-0.02-0.65-0.02-0.63-0.7-0.58-0.32-0.96-0.73-0.79-0.7-0.64-0.84-0.47-0.390.8-0.80.83
0.760.720.72-0.220.730.61-0.780.020.660.020.60.70.530.340.720.720.770.680.640.790.540.56-0.510.81-0.72
0.040.03-0.30.55-0.13-0.53-0.020.02-0.141.0-0.27-0.36-0.050.370.15-0.280.23-0.34-0.39-0.08-0.26-0.45-0.26-0.180.0
0.940.620.70.20.980.71-0.650.66-0.14-0.140.740.630.670.430.660.730.770.750.740.810.530.65-0.640.6-0.37
0.040.03-0.30.55-0.13-0.53-0.020.021.0-0.14-0.27-0.36-0.050.370.15-0.280.23-0.34-0.39-0.08-0.26-0.45-0.26-0.180.0
0.770.450.93-0.170.690.87-0.630.6-0.270.74-0.270.820.490.330.640.920.740.890.940.750.890.67-0.480.66-0.48
0.650.550.96-0.550.650.96-0.70.7-0.360.63-0.360.820.610.20.60.970.620.970.940.720.850.83-0.260.89-0.75
0.680.490.53-0.070.70.63-0.580.53-0.050.67-0.050.490.610.150.550.640.620.690.510.70.440.38-0.40.59-0.46
0.540.130.270.340.410.16-0.320.340.370.430.370.330.20.150.330.260.580.270.30.420.230.19-0.40.36-0.29
0.760.80.650.120.710.54-0.960.720.150.660.150.640.60.550.330.670.790.640.580.780.430.29-0.870.66-0.74
0.770.550.99-0.380.730.96-0.730.72-0.280.73-0.280.920.970.640.260.670.730.990.970.790.90.8-0.40.84-0.68
0.940.690.70.130.80.57-0.790.770.230.770.230.740.620.620.580.790.730.690.660.940.620.37-0.750.73-0.56
0.750.520.97-0.390.740.98-0.70.68-0.340.75-0.340.890.970.690.270.640.990.690.970.780.860.83-0.360.84-0.66
0.730.460.98-0.360.710.96-0.640.64-0.390.74-0.390.940.940.510.30.580.970.660.970.730.890.86-0.350.78-0.57
0.920.750.76-0.070.860.72-0.840.79-0.080.81-0.080.750.720.70.420.780.790.940.780.730.640.48-0.710.83-0.62
0.60.30.92-0.450.50.84-0.470.54-0.260.53-0.260.890.850.440.230.430.90.620.860.890.640.69-0.190.67-0.47
0.540.290.82-0.440.620.85-0.390.56-0.450.65-0.450.670.830.380.190.290.80.370.830.860.480.69-0.040.65-0.42
-0.74-0.69-0.37-0.49-0.69-0.270.8-0.51-0.26-0.64-0.26-0.48-0.26-0.4-0.4-0.87-0.4-0.75-0.36-0.35-0.71-0.19-0.04-0.390.4
0.70.70.83-0.470.670.8-0.80.81-0.180.6-0.180.660.890.590.360.660.840.730.840.780.830.670.65-0.39-0.86
-0.49-0.73-0.670.43-0.44-0.60.83-0.720.0-0.370.0-0.48-0.75-0.46-0.29-0.74-0.68-0.56-0.66-0.57-0.62-0.47-0.420.4-0.86
Click cells to compare fundamentals

IBC Advanced Account Relationship Matchups

IBC Advanced fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.3M25.2M27.6M28.3M32.6M20.1M
Other Current Liab2.6M2.5M3.1M2.5M2.9M1.6M
Total Current Liabilities9.5M12.9M17.9M22.4M25.8M27.0M
Total Stockholder Equity5.8M6.7M6.9M3.0M2.7M2.5M
Property Plant And Equipment Net8.6M11.6M14.6M11.9M13.6M8.5M
Net Debt8.6M8.8M12.5M14.8M17.0M17.9M
Retained Earnings(61.1M)(62.6M)(63.7M)(69.7M)(62.7M)(59.6M)
Accounts Payable1.7M2.8M3.6M3.1M3.6M2.0M
Cash509K2.4M478K83K74.7K71.0K
Non Current Assets Total8.9M12.3M16.5M13.1M15.1M10.5M
Cash And Short Term Investments509K2.4M478K83K74.7K71.0K
Net Receivables3.0M2.8M3.6M5.5M6.3M6.6M
Common Stock Shares Outstanding51.2M64.0M80.0M93.8M107.9M113.2M
Liabilities And Stockholders Equity19.3M25.2M27.6M28.3M32.6M20.1M
Non Current Liabilities Total4.0M5.6M2.9M3.0M3.4M2.7M
Other Current Assets187K275K282K328K377.2K202.8K
Other Stockholder Equity9.4M9.3M9.6M9.7M8.8M9.8M
Total Liab13.5M18.5M20.8M25.4M29.2M30.6M
Total Current Assets10.4M12.9M11.1M15.2M17.5M10.2M
Short Long Term Debt Total9.1M11.1M13.0M14.9M17.1M18.0M
Short Term Debt5.1M5.6M10.1M11.9M13.7M14.4M
Inventory6.6M7.5M6.8M9.3M10.7M5.6M
Current Deferred Revenue57K2.0M1.1M4.8M5.6M5.8M
Non Currrent Assets Other319K613K1.9M1.3M1.4M1.5M
Accumulated Other Comprehensive Income9.6M9.4M125K235K211.5K200.9K
Common Stock57.5M60.0M60.9M62.7M72.1M58.0M
Net Tangible Assets4.4M5.8M6.7M6.9M6.2M5.8M
Other Assets320K319K613K1.9M2.2M2.3M
Short Long Term Debt4.6M4.8M9.4M11.2M12.8M13.5M
Property Plant Equipment7.2M8.6M11.6M14.6M16.8M9.4M
Long Term Debt2.1M2.8M806K1.7M1.9M1.9M
Capital Lease Obligations2.3M3.5M2.8M2.1M2.4M1.6M
Net Invested Capital12.5M14.3M17.1M15.8M18.2M14.5M
Net Working Capital852K(23K)(6.8M)(7.2M)(6.5M)(6.1M)
Capital Stock57.5M60.0M60.9M62.7M72.1M65.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IBC Advanced in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IBC Advanced's short interest history, or implied volatility extrapolated from IBC Advanced options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Please note, there is a significant difference between IBC Advanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if IBC Advanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IBC Advanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.