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 Direction | Positive |
Relationship Strength | Strong |
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 Expenses | 26.7M | 32.0M | 36.8M | 20.0M | Interest Expense | 1.6M | 2.4M | 2.8M | 2.9M |
IBC Advanced fundamental ratios Correlations
Click cells to compare fundamentals
IBC Advanced Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IBC Advanced fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.3M | 25.2M | 27.6M | 28.3M | 32.6M | 20.1M | |
Other Current Liab | 2.6M | 2.5M | 3.1M | 2.5M | 2.9M | 1.6M | |
Total Current Liabilities | 9.5M | 12.9M | 17.9M | 22.4M | 25.8M | 27.0M | |
Total Stockholder Equity | 5.8M | 6.7M | 6.9M | 3.0M | 2.7M | 2.5M | |
Property Plant And Equipment Net | 8.6M | 11.6M | 14.6M | 11.9M | 13.6M | 8.5M | |
Net Debt | 8.6M | 8.8M | 12.5M | 14.8M | 17.0M | 17.9M | |
Retained Earnings | (61.1M) | (62.6M) | (63.7M) | (69.7M) | (62.7M) | (59.6M) | |
Accounts Payable | 1.7M | 2.8M | 3.6M | 3.1M | 3.6M | 2.0M | |
Cash | 509K | 2.4M | 478K | 83K | 74.7K | 71.0K | |
Non Current Assets Total | 8.9M | 12.3M | 16.5M | 13.1M | 15.1M | 10.5M | |
Cash And Short Term Investments | 509K | 2.4M | 478K | 83K | 74.7K | 71.0K | |
Net Receivables | 3.0M | 2.8M | 3.6M | 5.5M | 6.3M | 6.6M | |
Common Stock Shares Outstanding | 51.2M | 64.0M | 80.0M | 93.8M | 107.9M | 113.2M | |
Liabilities And Stockholders Equity | 19.3M | 25.2M | 27.6M | 28.3M | 32.6M | 20.1M | |
Non Current Liabilities Total | 4.0M | 5.6M | 2.9M | 3.0M | 3.4M | 2.7M | |
Other Current Assets | 187K | 275K | 282K | 328K | 377.2K | 202.8K | |
Other Stockholder Equity | 9.4M | 9.3M | 9.6M | 9.7M | 8.8M | 9.8M | |
Total Liab | 13.5M | 18.5M | 20.8M | 25.4M | 29.2M | 30.6M | |
Total Current Assets | 10.4M | 12.9M | 11.1M | 15.2M | 17.5M | 10.2M | |
Short Long Term Debt Total | 9.1M | 11.1M | 13.0M | 14.9M | 17.1M | 18.0M | |
Short Term Debt | 5.1M | 5.6M | 10.1M | 11.9M | 13.7M | 14.4M | |
Inventory | 6.6M | 7.5M | 6.8M | 9.3M | 10.7M | 5.6M | |
Current Deferred Revenue | 57K | 2.0M | 1.1M | 4.8M | 5.6M | 5.8M | |
Non Currrent Assets Other | 319K | 613K | 1.9M | 1.3M | 1.4M | 1.5M | |
Accumulated Other Comprehensive Income | 9.6M | 9.4M | 125K | 235K | 211.5K | 200.9K | |
Common Stock | 57.5M | 60.0M | 60.9M | 62.7M | 72.1M | 58.0M | |
Net Tangible Assets | 4.4M | 5.8M | 6.7M | 6.9M | 6.2M | 5.8M | |
Other Assets | 320K | 319K | 613K | 1.9M | 2.2M | 2.3M | |
Short Long Term Debt | 4.6M | 4.8M | 9.4M | 11.2M | 12.8M | 13.5M | |
Property Plant Equipment | 7.2M | 8.6M | 11.6M | 14.6M | 16.8M | 9.4M | |
Long Term Debt | 2.1M | 2.8M | 806K | 1.7M | 1.9M | 1.9M | |
Capital Lease Obligations | 2.3M | 3.5M | 2.8M | 2.1M | 2.4M | 1.6M | |
Net Invested Capital | 12.5M | 14.3M | 17.1M | 15.8M | 18.2M | 14.5M | |
Net Working Capital | 852K | (23K) | (6.8M) | (7.2M) | (6.5M) | (6.1M) | |
Capital Stock | 57.5M | 60.0M | 60.9M | 62.7M | 72.1M | 65.1M |
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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Try AI Portfolio ArchitectCheck 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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