Imperial Other Stockholder Equity vs Accounts Payable Analysis

IMO Stock  USD 65.25  0.65  0.99%   
Imperial Oil financial indicator trend analysis is infinitely more than just investigating Imperial Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imperial Oil is a good investment. Please check the relationship between Imperial Oil Other Stockholder Equity and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imperial Oil Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Imperial Oil's Other Stockholder Equity and Accounts Payable is 0.0. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Imperial Oil, assuming nothing else is changed. The correlation between historical values of Imperial Oil's Other Stockholder Equity and Accounts Payable 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 Stockholder Equity of Imperial Oil are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., Imperial Oil's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Imperial Oil 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 Imperial Oil 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.
Most indicators from Imperial Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imperial Oil 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 Imperial Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.As of the 18th of December 2024, Selling General Administrative is likely to grow to about 992.5 M. Also, Tax Provision is likely to grow to about 1.7 B
 2021 2022 2023 2024 (projected)
Interest Expense54M60M69M76.2M
Depreciation And Amortization2.0B1.9B1.9B1.1B

Imperial Oil fundamental ratios Correlations

0.78-0.110.50.980.970.580.980.250.98-0.330.250.24-0.820.960.12-0.630.970.450.240.230.570.1-0.120.040.47
0.78-0.020.20.760.840.920.74-0.130.84-0.2-0.13-0.09-0.40.850.07-0.590.760.010.620.140.120.01-0.13-0.020.1
-0.11-0.020.22-0.110.010.17-0.06-0.490.0-0.04-0.49-0.410.16-0.24-0.590.0-0.1-0.480.550.110.11-0.42-0.32-0.55-0.56
0.50.20.220.360.370.00.360.450.390.30.450.46-0.680.290.110.050.650.620.350.080.89-0.49-0.06-0.050.07
0.980.76-0.110.360.980.591.00.170.98-0.480.170.16-0.760.960.07-0.70.910.350.180.250.480.23-0.15-0.010.49
0.970.840.010.370.980.720.980.041.0-0.420.040.06-0.720.960.01-0.720.910.220.350.250.430.1-0.16-0.040.37
0.580.920.170.00.590.720.59-0.50.71-0.23-0.5-0.34-0.190.67-0.06-0.590.53-0.340.720.03-0.11-0.04-0.08-0.12-0.1
0.980.74-0.060.361.00.980.590.140.98-0.490.140.1-0.760.940.0-0.710.90.310.20.30.480.2-0.18-0.040.45
0.25-0.13-0.490.450.170.04-0.50.140.060.161.00.66-0.40.190.30.180.340.88-0.460.240.550.13-0.090.250.47
0.980.840.00.390.981.00.710.980.06-0.410.060.08-0.730.960.02-0.710.920.250.350.250.450.1-0.16-0.030.37
-0.33-0.2-0.040.3-0.48-0.42-0.23-0.490.16-0.410.160.240.04-0.320.250.57-0.130.20.14-0.250.0-0.750.350.52-0.23
0.25-0.13-0.490.450.170.04-0.50.141.00.060.160.66-0.40.190.30.180.340.88-0.460.240.550.13-0.090.250.47
0.24-0.09-0.410.460.160.06-0.340.10.660.080.240.66-0.570.190.80.160.340.79-0.41-0.470.56-0.010.550.40.75
-0.82-0.40.16-0.68-0.76-0.72-0.19-0.76-0.4-0.730.04-0.4-0.57-0.73-0.340.38-0.86-0.66-0.010.0-0.770.14-0.23-0.31-0.64
0.960.85-0.240.290.960.960.670.940.190.96-0.320.190.19-0.730.17-0.650.920.360.210.20.370.18-0.060.150.49
0.120.07-0.590.110.070.01-0.060.00.30.020.250.30.8-0.340.17-0.030.180.48-0.27-0.760.120.060.820.530.67
-0.63-0.590.00.05-0.7-0.72-0.59-0.710.18-0.710.570.180.160.38-0.65-0.03-0.50.14-0.22-0.10.0-0.29-0.010.01-0.3
0.970.76-0.10.650.910.910.530.90.340.92-0.130.340.34-0.860.920.18-0.50.550.310.190.67-0.06-0.070.10.42
0.450.01-0.480.620.350.22-0.340.310.880.250.20.880.79-0.660.360.480.140.55-0.370.00.720.040.130.310.58
0.240.620.550.350.180.350.720.2-0.460.350.14-0.46-0.41-0.010.21-0.27-0.220.31-0.370.080.08-0.46-0.24-0.34-0.58
0.230.140.110.080.250.250.030.30.240.25-0.250.24-0.470.00.2-0.76-0.10.190.00.080.120.12-0.85-0.22-0.28
0.570.120.110.890.480.43-0.110.480.550.450.00.550.56-0.770.370.120.00.670.720.080.12-0.17-0.09-0.120.32
0.10.01-0.42-0.490.230.1-0.040.20.130.1-0.750.13-0.010.140.180.06-0.29-0.060.04-0.460.12-0.17-0.17-0.220.35
-0.12-0.13-0.32-0.06-0.15-0.16-0.08-0.18-0.09-0.160.35-0.090.55-0.23-0.060.82-0.01-0.070.13-0.24-0.85-0.09-0.170.660.52
0.04-0.02-0.55-0.05-0.01-0.04-0.12-0.040.25-0.030.520.250.4-0.310.150.530.010.10.31-0.34-0.22-0.12-0.220.660.5
0.470.1-0.560.070.490.37-0.10.450.470.37-0.230.470.75-0.640.490.67-0.30.420.58-0.58-0.280.320.350.520.5
Click cells to compare fundamentals

Imperial Oil Account Relationship Matchups

Imperial Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.2B38.0B40.8B43.5B41.2B23.9B
Short Long Term Debt Total5.3B5.3B5.3B4.3B4.4B3.1B
Other Current Liab106M271M740M656M1.0B1.6B
Total Current Liabilities4.6B3.4B5.6B8.9B6.6B4.0B
Total Stockholder Equity24.3B21.4B21.7B22.4B22.2B12.6B
Property Plant And Equipment Net34.2B32.0B31.2B30.5B31.0B18.5B
Net Debt3.6B4.5B3.2B557M3.5B2.2B
Retained Earnings24.8B22.1B21.7B21.8B21.9B11.2B
Cash1.7B771M2.2B3.7B864M915.2M
Non Current Assets Total35.9B33.5B33.0B32.8B32.9B19.5B
Non Currrent Assets Other(4.1B)526M806M1.2B359M377.0M
Cash And Short Term Investments1.7B771M2.2B3.7B864M916.9M
Net Receivables2.7B1.9B3.9B4.7B4.5B4.7B
Common Stock Shares Outstanding765M735.3M713.2M641.5M575.9M926.1M
Liabilities And Stockholders Equity42.2B38.0B40.8B43.5B41.2B23.9B
Non Current Liabilities Total13.3B13.2B13.5B12.2B12.4B7.2B
Inventory1.9B1.8B1.8B2.3B3.0B3.1B
Other Stockholder Equity(1.9B)(2.0B)1.3B(512M)(460.8M)(437.8M)
Total Liab17.9B16.6B19.0B21.1B19.0B11.2B
Total Current Assets6.3B4.5B7.8B10.7B8.3B4.3B
Other Current Assets616M673M689M754M(1.1B)(1.1B)
Accounts Payable4.3B2.6B4.5B5.4B4.7B3.1B
Intangible Assets670M833M578M166M149.4M208.3M
Other Assets318M32.8B561M978M54.3B57.0B
Other Liab8.2B8.2B8.3B8.0B9.2B9.7B
Net Tangible Assets24.1B22.6B21.0B22.2B25.6B26.9B
Common Stock Total Equity1.5B1.4B1.4B1.4B1.6B1.6B
Long Term Investments84.7M781M757M893M1.1B1.1B
Accumulated Other Comprehensive Income(1.9B)(2.0B)(1.2B)(512M)(677M)(710.9M)

Pair Trading with Imperial Oil

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 Imperial Oil 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 Imperial Oil will appreciate offsetting losses from the drop in the long position's value.

Moving together with Imperial Stock

  0.8SU Suncor EnergyPairCorr
The ability to find closely correlated positions to Imperial Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imperial Oil 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 Imperial Oil - 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 Imperial Oil to buy it.
The correlation of Imperial Oil 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 Imperial Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imperial Oil 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 Imperial Oil 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
When determining whether Imperial Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Imperial Oil's 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 Imperial Oil Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Imperial Oil Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Oil, Gas & Consumable Fuels 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 Imperial Oil. If investors know Imperial 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 Imperial Oil 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
(0.16)
Dividend Share
2.3
Earnings Share
6.4
Revenue Per Share
96.177
Quarterly Revenue Growth
(0.05)
The market value of Imperial Oil is measured differently than its book value, which is the value of Imperial that is recorded on the company's balance sheet. Investors also form their own opinion of Imperial Oil's value that differs from its market value or its book value, called intrinsic value, which is Imperial Oil'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 Imperial Oil's market value can be influenced by many factors that don't directly affect Imperial Oil'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 Imperial Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imperial Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imperial Oil'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.