Information Good Will vs Total Assets Analysis
III Stock | USD 3.35 0.02 0.59% |
Information Services financial indicator trend analysis is infinitely more than just investigating Information Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Information Services is a good investment. Please check the relationship between Information Services Good Will and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Information Services Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Good Will vs Total Assets
Good Will vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Information Services Good Will account and Total Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Information Services' Good Will and Total Assets is 0.08. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Information Services Group, assuming nothing else is changed. The correlation between historical values of Information Services' Good Will and Total 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 Good Will of Information Services Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Information Services' Good Will and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Assets
Total assets refers to the total amount of Information Services assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Information Services books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Information Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Information Services 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 Information Services Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. As of now, Information Services' Enterprise Value Over EBITDA is increasing as compared to previous years. The Information Services' current Enterprise Value Multiple is estimated to increase to 14.70, while Selling General Administrative is projected to decrease to under 71.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.3M | 3.2M | 6.2M | 4.1M | Depreciation And Amortization | 5.3M | 5.4M | 6.3M | 8.0M |
Information Services fundamental ratios Correlations
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Information Services Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Information Services fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 218.8M | 239.5M | 236.8M | 243.0M | 247.3M | 220.7M | |
Short Long Term Debt Total | 93.8M | 84.7M | 79.8M | 86.0M | 87.2M | 85.0M | |
Other Current Liab | 13.4M | 27.5M | 26.8M | 21.5M | 22.7M | 20.2M | |
Total Current Liabilities | 41.3M | 50.7M | 56.8M | 51.2M | 46.3M | 39.3M | |
Total Stockholder Equity | 89.7M | 99.1M | 98.4M | 100.4M | 102.1M | 87.3M | |
Property Plant And Equipment Net | 12.6M | 10.9M | 10.6M | 12.7M | 13.9M | 14.6M | |
Current Deferred Revenue | 4.9M | 5.1M | 7.0M | 7.1M | 9.5M | 5.2M | |
Net Debt | 75.7M | 41.0M | 32.3M | 55.4M | 64.5M | 50.5M | |
Retained Earnings | (146.8M) | (144.0M) | (128.5M) | (108.7M) | (102.7M) | (107.8M) | |
Accounts Payable | 8.9M | 11.2M | 16.2M | 15.9M | 11.3M | 8.0M | |
Cash | 18.2M | 43.7M | 47.5M | 30.6M | 22.6M | 25.1M | |
Non Current Assets Total | 119.0M | 124.9M | 120.7M | 127.5M | 134.5M | 91.5M | |
Non Currrent Assets Other | 737K | 5.6M | 4.6M | 2.6M | 5.8M | 3.5M | |
Other Assets | 4.4M | 18.8M | 6.9M | 5.5M | 6.3M | 5.0M | |
Cash And Short Term Investments | 18.2M | 43.7M | 47.5M | 30.6M | 22.6M | 25.1M | |
Common Stock Shares Outstanding | 47.6M | 50.0M | 51.8M | 50.4M | 50.2M | 43.2M | |
Liabilities And Stockholders Equity | 218.8M | 239.5M | 236.8M | 243.0M | 247.3M | 220.7M | |
Other Current Assets | 4.6M | 3.4M | 4.2M | 4.7M | 8.1M | 8.5M | |
Other Stockholder Equity | 243.5M | 247.8M | 233.8M | 218.8M | 213.7M | 220.8M | |
Total Liab | 129.1M | 140.4M | 138.4M | 142.6M | 145.3M | 133.5M | |
Property Plant And Equipment Gross | 12.6M | 10.9M | 25.3M | 24.2M | 27.2M | 28.6M | |
Total Current Assets | 99.8M | 114.6M | 116.1M | 115.5M | 112.8M | 94.9M | |
Accumulated Other Comprehensive Income | (7.1M) | (4.7M) | (6.9M) | (9.7M) | (9.0M) | (8.5M) | |
Short Term Debt | 14.0M | 6.9M | 6.8M | 6.7M | 2.7M | 2.6M | |
Property Plant Equipment | 6.0M | 5.0M | 10.6M | 12.7M | 14.6M | 15.3M | |
Long Term Debt | 74.8M | 73.6M | 69.5M | 74.4M | 79.2M | 82.2M | |
Net Receivables | 77.1M | 67.5M | 64.3M | 80.2M | 82.1M | 59.1M | |
Good Will | 85.3M | 91.0M | 90.8M | 95.0M | 97.2M | 82.8M | |
Non Current Liabilities Total | 87.8M | 89.7M | 81.6M | 91.4M | 99.0M | 72.5M | |
Intangible Assets | 16.6M | 15.1M | 12.4M | 14.4M | 12.6M | 12.0M | |
Other Liab | 8.0M | 11.7M | 8.5M | 12.1M | 13.9M | 7.2M | |
Net Tangible Assets | (12.3M) | (6.9M) | (4.8M) | (8.9M) | (10.3M) | (10.8M) | |
Retained Earnings Total Equity | (146.8M) | (144.0M) | (128.5M) | (108.7M) | (125.1M) | (131.3M) | |
Long Term Debt Total | 74.8M | 73.6M | 69.5M | 74.4M | 85.6M | 79.2M | |
Capital Surpluse | 245.6M | 248.0M | 237.6M | 226.3M | 260.2M | 245.7M | |
Deferred Long Term Liab | 3.5M | 3.8M | 2.8M | 2.4M | 2.2M | 2.3M |
Currently Active Assets on Macroaxis
When determining whether Information Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Information Services' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Information Services Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Information Services Group Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Information Services Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Data Processing & Outsourced Services 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 Information Services. If investors know Information 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 Information Services 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 (0.67) | Dividend Share 0.18 | Earnings Share (0.03) | Revenue Per Share 5.25 | Quarterly Revenue Growth (0.15) |
The market value of Information Services is measured differently than its book value, which is the value of Information that is recorded on the company's balance sheet. Investors also form their own opinion of Information Services' value that differs from its market value or its book value, called intrinsic value, which is Information Services' 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 Information Services' market value can be influenced by many factors that don't directly affect Information Services' 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 Information Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Information Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Information Services' 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.