Intercontinental Accounts Payable vs Other Current Assets Analysis

ICE Stock  USD 150.31  2.02  1.36%   
Intercontinental financial indicator trend analysis is infinitely more than just investigating Intercontinental Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intercontinental Exchange is a good investment. Please check the relationship between Intercontinental Accounts Payable and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intercontinental Exchange Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Intercontinental's Accounts Payable and Other Current Assets is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Intercontinental Exchange, assuming nothing else is changed. The correlation between historical values of Intercontinental's Accounts Payable and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Intercontinental Exchange are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Intercontinental's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Intercontinental obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Intercontinental Exchange are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Intercontinental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intercontinental Exchange 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 Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Intercontinental's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit5.0B5.2B5.7B5.9B
Total Revenue9.2B9.6B9.9B10.4B

Intercontinental fundamental ratios Correlations

0.920.890.880.840.310.860.90.350.620.870.91.00.920.910.40.890.840.86-0.430.910.880.790.840.880.84
0.920.690.70.590.390.630.840.230.620.640.840.941.00.960.390.690.60.69-0.350.720.650.60.610.690.59
0.890.690.990.910.110.980.80.360.720.910.670.850.680.740.510.890.910.94-0.520.910.970.880.880.980.95
0.880.70.990.910.090.970.820.310.710.90.670.850.690.750.440.870.910.93-0.560.920.960.890.870.990.94
0.840.590.910.910.110.960.720.430.440.990.780.810.590.640.330.940.990.87-0.480.950.970.870.990.920.99
0.310.390.110.090.110.060.080.660.140.190.30.340.420.22-0.070.210.14-0.010.390.220.170.110.20.060.08
0.860.630.980.970.960.060.770.380.610.960.70.820.620.670.460.920.970.93-0.50.930.980.890.940.970.99
0.90.840.80.820.720.080.770.10.560.730.790.890.830.860.230.760.70.79-0.470.850.760.770.680.840.75
0.350.230.360.310.430.660.380.10.220.470.320.340.250.160.090.490.440.140.110.420.470.270.470.270.42
0.620.620.720.710.440.140.610.560.220.450.270.590.60.660.630.420.470.69-0.480.510.570.580.410.70.54
0.870.640.910.90.990.190.960.730.470.450.810.840.640.670.360.960.990.86-0.420.950.970.870.990.910.98
0.90.840.670.670.780.30.70.790.320.270.810.920.850.820.210.840.760.67-0.330.820.740.650.80.680.72
1.00.940.850.850.810.340.820.890.340.590.840.920.940.920.370.870.810.82-0.410.890.840.760.820.840.8
0.921.00.680.690.590.420.620.830.250.60.640.850.940.960.370.690.60.67-0.340.710.650.60.610.680.59
0.910.960.740.750.640.220.670.860.160.660.670.820.920.960.40.710.640.77-0.60.750.690.650.640.750.64
0.40.390.510.440.33-0.070.460.230.090.630.360.210.370.370.40.280.370.51-0.250.220.40.40.340.430.4
0.890.690.890.870.940.210.920.760.490.420.960.840.870.690.710.280.940.83-0.430.960.960.780.950.870.94
0.840.60.910.910.990.140.970.70.440.470.990.760.810.60.640.370.940.89-0.450.930.970.850.990.910.98
0.860.690.940.930.87-0.010.930.790.140.690.860.670.820.670.770.510.830.89-0.620.860.890.820.860.950.91
-0.43-0.35-0.52-0.56-0.480.39-0.5-0.470.11-0.48-0.42-0.33-0.41-0.34-0.6-0.25-0.43-0.45-0.62-0.49-0.49-0.46-0.41-0.58-0.48
0.910.720.910.920.950.220.930.850.420.510.950.820.890.710.750.220.960.930.86-0.490.960.880.930.940.95
0.880.650.970.960.970.170.980.760.470.570.970.740.840.650.690.40.960.970.89-0.490.960.890.960.960.99
0.790.60.880.890.870.110.890.770.270.580.870.650.760.60.650.40.780.850.82-0.460.880.890.840.930.88
0.840.610.880.870.990.20.940.680.470.410.990.80.820.610.640.340.950.990.86-0.410.930.960.840.880.97
0.880.690.980.990.920.060.970.840.270.70.910.680.840.680.750.430.870.910.95-0.580.940.960.930.880.95
0.840.590.950.940.990.080.990.750.420.540.980.720.80.590.640.40.940.980.91-0.480.950.990.880.970.95
Click cells to compare fundamentals

Intercontinental Account Relationship Matchups

Intercontinental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.5B126.2B193.5B194.3B136.1B142.9B
Total Current Liabilities68.8B88.0B153.4B149.2B84.6B45.5B
Total Stockholder Equity17.3B19.5B22.7B22.7B25.7B27.0B
Property Plant And Equipment Net1.5B1.7B1.7B1.8B1.9B2.0B
Net Debt7.3B16.3B13.6B16.6B22.0B23.1B
Cash841M583M607M1.8B899M598.0M
Non Current Assets Total26.5B39.0B39.2B37.4B51.1B53.7B
Non Currrent Assets Other1.4B1.6B2.6B1.4B1.3B1.4B
Cash And Short Term Investments841M583M607M1.8B2.1B1.6B
Common Stock Shares Outstanding594M579M565M555M561M457.4M
Liabilities And Stockholders Equity94.5B126.2B193.5B194.3B136.1B142.9B
Non Current Liabilities Total8.3B18.6B17.3B22.4B25.7B27.0B
Other Current Assets220M85.4B152.5B154.0B81.5B85.6B
Total Liab77.1B106.6B170.8B171.6B110.3B115.8B
Total Current Assets68.0B87.2B154.3B156.9B85.0B45.9B
Other Current Liab65.6B84.8B151.0B148.1B81.5B42.0B
Other Stockholder Equity(1.8B)8.6B8.5B8.1B9.6B5.1B
Property Plant And Equipment Gross1.5B1.7B3.6B3.9B4.3B4.5B
Short Long Term Debt Total8.1B16.9B14.2B18.4B22.9B24.1B
Other Liab2.8B4.1B4.7B4.0B4.6B4.9B
Current Deferred Revenue129M158M194M170M200M190M
Retained Earnings9.6B11.0B14.4B14.9B16.4B17.2B
Accounts Payable505M639M703M866M1.0B1.1B
Other Assets747M1.6B1.0B1.2B1.4B1.5B
Long Term Debt5.3B14.1B12.4B18.1B20.7B21.7B
Net Receivables988M1.2B1.2B1.2B1.4B1.4B
Good Will13.3B21.3B21.1B21.1B30.6B32.1B
Inventory65.9B85.1B147.0B153.5B80.2B51.6B
Accumulated Other Comprehensive Income(243M)(192M)(196M)(331M)(294M)(279.3M)
Treasury Stock(3.9B)(5.2B)(5.5B)(6.2B)(5.6B)(5.3B)
Short Term Debt2.6B2.4B1.5B4M2.0B2.0B
Intangible Assets10.3B14.4B13.7B13.1B17.3B18.2B
Property Plant Equipment1.2B1.4B1.7B1.8B2.0B2.1B
Net Tangible Assets17.3B19.6B22.7B22.7B26.1B19.0B
Noncontrolling Interest In Consolidated Entity31M36M39M55M63.3M38.7M

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When determining whether Intercontinental Exchange is a strong investment it is important to analyze Intercontinental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intercontinental's future performance. For an informed investment choice regarding Intercontinental Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Financial Exchanges & Data space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intercontinental. If investors know Intercontinental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intercontinental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Dividend Share
1.77
Earnings Share
4.21
Revenue Per Share
15.981
Quarterly Revenue Growth
0.173
The market value of Intercontinental Exchange is measured differently than its book value, which is the value of Intercontinental that is recorded on the company's balance sheet. Investors also form their own opinion of Intercontinental's value that differs from its market value or its book value, called intrinsic value, which is Intercontinental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intercontinental's market value can be influenced by many factors that don't directly affect Intercontinental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intercontinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intercontinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intercontinental'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.