IGM Total Current Assets vs Non Current Assets Total Analysis

IGM Stock  CAD 48.59  0.27  0.56%   
IGM Financial financial indicator trend analysis is infinitely more than just investigating IGM Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IGM Financial is a good investment. Please check the relationship between IGM Financial Total Current Assets and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IGM 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.

Total Current Assets vs Non Current Assets Total

Total Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IGM Financial Total Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IGM Financial's Total Current Assets and Non Current Assets Total is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of IGM Financial, assuming nothing else is changed. The correlation between historical values of IGM Financial's Total Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of IGM Financial are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., IGM Financial's Total Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from IGM Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IGM 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 IGM 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, IGM Financial's Issuance Of Capital Stock is very stable compared to the past year. As of the 19th of August 2025, Enterprise Value is likely to grow to about 16.6 B, while Selling General Administrative is likely to drop about 820.5 M.
 2022 2023 2024 2025 (projected)
Interest Expense113.8M266.0M129.4M105.5M
Depreciation And Amortization2.1B90.5M104.1M98.9M

IGM Financial fundamental ratios Correlations

0.710.30.850.940.620.670.950.410.780.28-0.40.430.380.190.78-0.690.980.50.780.670.120.940.40.410.12
0.710.010.90.470.210.920.490.170.480.57-0.60.150.80.060.51-0.520.81-0.010.690.82-0.420.680.020.05-0.21
0.30.010.20.390.670.20.39-0.230.660.14-0.27-0.12-0.140.030.45-0.090.230.770.490.340.480.270.510.660.61
0.850.90.20.670.470.880.680.280.690.31-0.450.340.690.230.75-0.70.90.250.790.84-0.190.870.30.280.04
0.940.470.390.670.660.470.990.510.810.15-0.260.490.10.310.78-0.710.860.630.710.50.380.880.490.530.26
0.620.210.670.470.660.360.660.180.790.21-0.420.470.080.080.7-0.310.560.910.720.440.360.730.670.750.66
0.670.920.20.880.470.360.50.160.670.66-0.730.110.630.220.61-0.570.750.170.830.78-0.160.690.190.2-0.07
0.950.490.390.680.990.660.50.450.810.18-0.280.430.110.270.76-0.690.890.620.710.470.370.880.480.470.19
0.410.17-0.230.280.510.180.160.450.36-0.010.040.76-0.040.690.55-0.70.330.170.350.110.260.50.250.270.12
0.780.480.660.690.810.790.670.810.360.35-0.470.320.10.460.89-0.70.730.750.90.550.480.810.570.640.38
0.280.570.140.310.150.210.660.18-0.010.35-0.93-0.090.26-0.160.14-0.010.340.170.590.42-0.060.250.010.13-0.02
-0.4-0.6-0.27-0.45-0.26-0.42-0.73-0.280.04-0.47-0.93-0.05-0.330.19-0.260.06-0.45-0.33-0.71-0.550.06-0.41-0.29-0.27-0.15
0.430.15-0.120.340.490.470.110.430.760.32-0.09-0.050.180.330.49-0.450.380.390.360.190.010.620.420.330.4
0.380.8-0.140.690.10.080.630.11-0.040.10.26-0.330.18-0.160.26-0.20.52-0.170.360.69-0.80.45-0.07-0.12-0.18
0.190.060.030.230.310.080.220.270.690.46-0.160.190.33-0.160.57-0.820.130.080.3-0.010.450.30.270.18-0.03
0.780.510.450.750.780.70.610.760.550.890.14-0.260.490.260.57-0.810.750.630.850.630.330.850.510.670.39
-0.69-0.52-0.09-0.7-0.71-0.31-0.57-0.69-0.7-0.7-0.010.06-0.45-0.2-0.82-0.81-0.65-0.2-0.6-0.42-0.26-0.74-0.34-0.270.05
0.980.810.230.90.860.560.750.890.330.730.34-0.450.380.520.130.75-0.650.410.780.73-0.030.920.330.330.03
0.5-0.010.770.250.630.910.170.620.170.750.17-0.330.39-0.170.080.63-0.20.410.640.250.580.560.640.780.75
0.780.690.490.790.710.720.830.710.350.90.59-0.710.360.360.30.85-0.60.780.640.740.220.830.50.620.37
0.670.820.340.840.50.440.780.470.110.550.42-0.550.190.69-0.010.63-0.420.730.250.74-0.260.680.270.50.29
0.12-0.420.48-0.190.380.36-0.160.370.260.48-0.060.060.01-0.80.450.33-0.26-0.030.580.22-0.260.080.390.510.39
0.940.680.270.870.880.730.690.880.50.810.25-0.410.620.450.30.85-0.740.920.560.830.680.080.480.490.26
0.40.020.510.30.490.670.190.480.250.570.01-0.290.42-0.070.270.51-0.340.330.640.50.270.390.480.590.54
0.410.050.660.280.530.750.20.470.270.640.13-0.270.33-0.120.180.67-0.270.330.780.620.50.510.490.590.86
0.12-0.210.610.040.260.66-0.070.190.120.38-0.02-0.150.4-0.18-0.030.390.050.030.750.370.290.390.260.540.86
Click cells to compare fundamentals

IGM Financial Account Relationship Matchups

IGM Financial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.1B17.7B18.9B18.7B20.7B10.6B
Short Long Term Debt Total9.8B8.6B8.1B7.3B8.3B4.6B
Other Current Liab168.7M265.7M177.5M1.5B1.8B1.9B
Total Current Liabilities3.5B3.2B2.8B2.9B3.2B2.5B
Total Stockholder Equity5.0B6.4B6.2B6.7B7.8B4.1B
Property Plant And Equipment Net329.7M316.0M326.3M307.0M309.1M324.6M
Net Debt7.7B6.1B5.8B6.7B6.5B6.8B
Retained Earnings3.2B3.9B4.1B4.6B4.9B2.5B
Cash771.6M1.3B1.1B544.6M910.3M926.9M
Non Current Assets Total6.8B7.1B7.4B9.1B9.0B9.4B
Non Currrent Assets Other318.2M420.9M592.1M507.2M429.4M450.9M
Other Assets365.5M409.0M373.6M508.4M599.2M569.2M
Cash And Short Term Investments1.4B2.6B1.7B686.9M910.3M1.1B
Net Receivables6.8B5.8B5.4B335.6M268.4M255.0M
Common Stock Shares Outstanding238.3M240.0M239.0M238.4M237.9M266.2M
Liabilities And Stockholders Equity16.1B17.7B18.9B18.7B20.7B10.6B
Non Current Liabilities Total7.5B7.9B9.8B7.0B9.6B10.0B
Other Stockholder Equity51.7M51.1M54.1M57.9M34.1M32.4M
Total Liab11.0B11.2B12.6B11.9B12.8B6.5B
Property Plant And Equipment Gross329.7M665.9M703.9M701.1M737.5M774.4M
Total Current Assets9.2B10.6B11.4B9.6B11.7B12.3B
Short Term Debt2.9B2.4B2.2B937.1M3.7B1.9B
Other Current Assets1.1B2.2B4.3B8.7B10.0B10.5B
Accumulated Other Comprehensive Income136.4M883.1M362.8M316.3M363.7M381.9M
Accounts Payable486.6M553.4M507.6M444.7M492.3M362.8M
Good Will2.8B2.8B2.8B2.6B3.0B2.9B
Short Term Investments593.3M1.3B602.6M142.2M1.4B1.4B
Intangible Assets1.3B1.4B1.4B1.3B1.3B1.3B
Inventory(39.0M)(106.6M)(171.9M)(142.2M)(128.0M)(134.4M)
Common Stock1.6B1.7B1.7B1.7B1.8B1.8B
Other Liab8.1B5.4B4.7B4.3B3.9B5.2B
Net Tangible Assets608.7M869.2M2.3B2.0B2.3B2.5B
Long Term Debt5.4B4.8B5.8B4.8B4.9B5.1B
Deferred Long Term Liab194.5M279.8M377.6M428.6M385.7M420.6M
Long Term Investments2.0B2.2B2.4B3.8B4.1B2.2B
Short Long Term Debt2.9B2.4B2.2B2.3B2.5B2.3B
Property Plant Equipment329.7M316.0M326.3M307.0M309.1M241.9M
Long Term Debt Total6.9B6.2B6.0B7.2B6.4B6.0B

Other Information on Investing in IGM Stock

Balance Sheet is a snapshot of the financial position of IGM Financial at a specified time, usually calculated after every quarter, six months, or one year. IGM Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IGM 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 IGM currently owns. An asset can also be divided into two categories, current and non-current.