Intact Other Operating Expenses vs Operating Income Analysis

IFC Stock  CAD 278.00  0.01  0%   
Intact Financial financial indicator trend analysis is infinitely more than just investigating Intact Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intact Financial is a good investment. Please check the relationship between Intact Financial Other Operating Expenses and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intact Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Other Operating Expenses vs Operating Income

Other Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intact Financial Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Intact Financial's Other Operating Expenses and Operating Income is 0.73. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Intact Financial, assuming nothing else is changed. The correlation between historical values of Intact Financial's Other Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Intact Financial are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Intact Financial's Other Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Intact Financial. It is also known as Intact Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Intact Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Intact Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Intact Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intact Financial 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 Intact Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, Intact Financial's Selling General Administrative is very stable compared to the past year. As of the 14th of August 2025, Enterprise Value is likely to grow to about 29 B, while Tax Provision is likely to drop about 335.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit21.2B22.1B25.4B26.7B
Total Revenue21.2B22.1B26.5B27.8B

Intact Financial fundamental ratios Correlations

0.97-0.4-0.150.980.970.960.680.780.960.45-0.460.68-0.120.910.720.90.66-0.030.90.720.980.980.860.830.95
0.97-0.43-0.220.990.970.970.620.730.980.48-0.410.52-0.280.960.680.850.79-0.010.820.560.980.990.80.880.97
-0.4-0.430.95-0.38-0.38-0.32-0.39-0.45-0.360.180.93-0.30.09-0.33-0.24-0.32-0.29-0.17-0.37-0.33-0.42-0.39-0.37-0.43-0.49
-0.15-0.220.95-0.17-0.16-0.1-0.15-0.21-0.170.320.810.00.17-0.16-0.06-0.11-0.25-0.17-0.09-0.02-0.2-0.17-0.11-0.26-0.28
0.980.99-0.38-0.170.970.990.570.71.00.47-0.380.52-0.230.970.710.890.79-0.040.820.560.990.990.80.850.96
0.970.97-0.38-0.160.970.960.540.710.960.51-0.370.54-0.130.950.720.90.74-0.030.860.590.970.990.740.810.95
0.960.97-0.32-0.10.990.960.520.640.980.49-0.330.51-0.120.970.720.90.75-0.090.810.560.960.980.80.790.94
0.680.62-0.39-0.150.570.540.520.870.510.32-0.560.81-0.250.440.410.480.18-0.090.720.820.590.580.780.750.62
0.780.73-0.45-0.210.70.710.640.870.640.24-0.540.75-0.170.620.680.690.28-0.050.860.780.710.730.650.810.78
0.960.98-0.36-0.171.00.960.980.510.640.46-0.350.45-0.260.970.690.880.83-0.010.780.50.980.980.770.830.94
0.450.480.180.320.470.510.490.320.240.460.20.22-0.210.460.130.350.45-0.240.360.230.460.460.390.510.38
-0.46-0.410.930.81-0.38-0.37-0.33-0.56-0.54-0.350.2-0.57-0.07-0.27-0.26-0.36-0.11-0.12-0.48-0.59-0.43-0.39-0.55-0.4-0.48
0.680.52-0.30.00.520.540.510.810.750.450.22-0.570.260.360.420.55-0.04-0.10.791.00.570.550.790.460.56
-0.12-0.280.090.17-0.23-0.13-0.12-0.25-0.17-0.26-0.21-0.070.26-0.20.120.02-0.58-0.070.060.26-0.24-0.19-0.06-0.52-0.18
0.910.96-0.33-0.160.970.950.970.440.620.970.46-0.270.36-0.20.750.860.8-0.070.740.410.920.960.670.820.93
0.720.68-0.24-0.060.710.720.720.410.680.690.13-0.260.420.120.750.860.350.00.810.480.650.730.440.590.69
0.90.85-0.32-0.110.890.90.90.480.690.880.35-0.360.550.020.860.860.59-0.140.910.610.880.90.670.690.85
0.660.79-0.29-0.250.790.740.750.180.280.830.45-0.11-0.04-0.580.80.350.590.050.390.00.780.760.460.680.72
-0.03-0.01-0.17-0.17-0.04-0.03-0.09-0.09-0.05-0.01-0.24-0.12-0.1-0.07-0.070.0-0.140.05-0.03-0.090.0-0.04-0.04-0.08-0.06
0.90.82-0.37-0.090.820.860.810.720.860.780.36-0.480.790.060.740.810.910.39-0.030.830.850.850.760.70.83
0.720.56-0.33-0.020.560.590.560.820.780.50.23-0.591.00.260.410.480.610.0-0.090.830.610.590.810.490.6
0.980.98-0.42-0.20.990.970.960.590.710.980.46-0.430.57-0.240.920.650.880.780.00.850.610.990.820.830.95
0.980.99-0.39-0.170.990.990.980.580.730.980.46-0.390.55-0.190.960.730.90.76-0.040.850.590.990.790.840.96
0.860.8-0.37-0.110.80.740.80.780.650.770.39-0.550.79-0.060.670.440.670.46-0.040.760.810.820.790.670.78
0.830.88-0.43-0.260.850.810.790.750.810.830.51-0.40.46-0.520.820.590.690.68-0.080.70.490.830.840.670.83
0.950.97-0.49-0.280.960.950.940.620.780.940.38-0.480.56-0.180.930.690.850.72-0.060.830.60.950.960.780.83
Click cells to compare fundamentals

Intact Financial Account Relationship Matchups

Intact Financial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets35.1B66.3B65.0B56.0B59.5B62.5B
Short Long Term Debt Total3.5B5.9B5.1B5.7B6.6B6.9B
Other Current Liab(848M)(980M)(1.3B)(756M)(869.4M)(825.9M)
Total Current Liabilities329M2.5B2.4B356M409.4M388.9M
Total Stockholder Equity9.6B15.7B15.4B16.2B18.1B19.1B
Net Debt2.6B3.6B4.1B4.6B3.9B4.1B
Retained Earnings4.5B6.2B7.4B6.5B7.9B8.3B
Accounts Payable436M2.1B728M151M768M460.4M
Cash917M2.3B1.0B1.2B881M515.8M
Non Current Assets Total26.3B42.6B43.0B48.7B56.0B58.8B
Non Currrent Assets Other(179M)(584M)(722M)2.3B2.7B2.8B
Other Assets2.0B(10.2B)(11.2B)7.0B1.1B1.0B
Cash And Short Term Investments2.5B25.0B23.8B2.6B2.9B3.6B
Net Receivables4.3B195M9.3B816M107M101.7M
Good Will2.8B3.1B3.4B4.1B4.5B4.7B
Common Stock Shares Outstanding143M162.4M175.6M176.2M178.4M148.0M
Liabilities And Stockholders Equity35.1B66.3B65.0B56.0B59.5B62.5B
Non Current Liabilities Total3.8B6.1B2.4B38.6B44.4B46.6B
Other Stockholder Equity187M211M269M290M436M359.1M
Total Liab25.5B49.6B49.3B39.5B41.4B21.1B
Total Current Assets6.8B34.0B33.1B7.3B8.3B7.3B
Intangible Assets2.5B4.6B4.7B5.0B5.1B5.3B
Accumulated Other Comprehensive Income409M529M(1.1B)(321M)(288.9M)(274.5M)
Short Term Investments1.6B22.7B22.8B1.4B18.0B18.9B
Other Current Assets5.4B11.5B2.0B7.1B8.1B8.5B
Property Plant And Equipment Net520M774M778M799M820M861M
Other Liab9.6B10.1B17.9B17.4B20.0B21.0B
Net Tangible Assets2.6B3.1B6.8B6.0B6.9B3.7B
Long Term Debt2.5B4.8B4.4B5.1B4.4B3.0B
Long Term Investments20.5B34.1B34.2B35.6B38.7B24.6B
Short Long Term Debt0.0439M137M384M448M447M
Short Term Debt0.0439M137M148M133.2M126.5M
Property Plant Equipment520M774M778M820M943M990.2M
Long Term Debt Total2.9B4.9B4.9B5.0B5.8B3.3B
Capital Surpluse187M211M269M298M342.7M202.9M
Inventory(5.4B)(11.5B)(2.0B)(2.0B)(1.8B)(1.9B)
Cash And Equivalents73M1.4B410M264M303.6M423.0M

Pair Trading with Intact Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intact Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intact Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Intact Stock

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The ability to find closely correlated positions to Intact Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intact Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intact Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intact Financial to buy it.
The correlation of Intact Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intact Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intact Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intact Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Intact Stock

Balance Sheet is a snapshot of the financial position of Intact Financial at a specified time, usually calculated after every quarter, six months, or one year. Intact Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Intact Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Intact currently owns. An asset can also be divided into two categories, current and non-current.