ING Net Borrowings vs Net Income Analysis
| ING Stock | USD 15.66 0.04 0.26% |
ING Group financial indicator trend analysis is infinitely more than just investigating ING Group NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ING Group NV is a good investment. Please check the relationship between ING Group Net Borrowings and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ING Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Borrowings vs Net Income
Net Borrowings vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ING Group NV Net Borrowings account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ING Group's Net Borrowings and Net Income is 0.55. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Net Income in the same time period over historical financial statements of ING Group NV, assuming nothing else is changed. The correlation between historical values of ING Group's Net Borrowings and Net 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 Net Borrowings of ING Group NV are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Borrowings i.e., ING Group's Net Borrowings and Net Income go up and down completely randomly.
Correlation Coefficient | 0.55 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in ING Group NV financial statement analysis. It represents the amount of money remaining after all of ING Group NV operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from ING Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ING Group NV 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 ING Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, ING Group's Selling General Administrative is most likely to decrease significantly in the upcoming years. The ING Group's current Enterprise Value is estimated to increase to about 160.5 B, while Tax Provision is projected to decrease to roughly 2.1 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.5B | 14.7B | 36.3B | 33.0B | Depreciation And Amortization | 834M | 711M | 674M | 685.2M |
ING Group fundamental ratios Correlations
Click cells to compare fundamentals
ING Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ING Group fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 891.7B | 937.4B | 951.3B | 967.8B | 975.6B | 1.0T | |
| Short Long Term Debt Total | 202.6B | 137.5B | 159.6B | 194.7B | 150B | 169.9B | |
| Other Current Liab | 353.6B | 372.1B | 344.9B | 361.1B | (1.0B) | (985.2M) | |
| Total Current Liabilities | 476.2B | 416.6B | 401.1B | 640.8B | 597.6B | 627.5B | |
| Total Stockholder Equity | 53.8B | 47.7B | 53.9B | 49.9B | 51.2B | 42.7B | |
| Property Plant And Equipment Net | 1.7B | 3.2B | 2.8B | 2.5B | 2.4B | 2.7B | |
| Net Debt | 81.9B | (33.3B) | 8.0B | 32.2B | 60.1B | 82.4B | |
| Accounts Payable | 4.7B | 4.9B | 5.1B | (444.1B) | (68.5B) | (65.1B) | |
| Cash | 53.2B | 112.2B | 108.0B | 87.3B | 89.9B | 94.4B | |
| Non Current Assets Total | 179.7B | 108.7B | 113.1B | 194.1B | 1.2T | 1.2T | |
| Non Currrent Assets Other | (730M) | (773M) | (957M) | 85.7B | (214.6B) | (225.3B) | |
| Other Assets | 625.0B | 680.4B | 699.1B | 653.9B | (407.1B) | (386.8B) | |
| Cash And Short Term Investments | 86.0B | 147.1B | 137.8B | 118.6B | 49.7B | 55.7B | |
| Net Receivables | 1.1B | 1.2B | 1.4B | 1.3B | 834M | 792.3M | |
| Common Stock Shares Outstanding | 3.9B | 3.9B | 3.9B | 3.6B | 3.6B | 3.3B | |
| Liabilities And Stockholders Equity | 891.7B | 937.4B | 951.3B | 967.8B | 975.6B | 1.0T | |
| Non Current Liabilities Total | 135.8B | 79.6B | 116.6B | 279.0B | 975.0B | 1.0T | |
| Total Liab | 135.8B | 79.6B | 116.6B | 917.4B | 923.4B | 638.7B | |
| Total Current Assets | 87.0B | 148.3B | 139.2B | 119.9B | 201.0B | 211.0B | |
| Short Term Debt | 117.8B | 39.6B | 51.1B | 83.0B | 68.5B | 73.3B | |
| Retained Earnings | 35.9B | 28.3B | 37.3B | 34.9B | 36.9B | 32.3B | |
| Accumulated Other Comprehensive Income | 811M | 2.3B | 1.1B | (985M) | (2.8B) | (2.6B) | |
| Common Stock | 17.1B | 17.1B | 525M | 37M | 35M | 36.8M | |
| Other Liab | 12.5B | 11.2B | 14.7B | 15.5B | 13.9B | 13.2B | |
| Long Term Debt | 83.3B | 97.9B | 108.5B | 111.7B | 148.8B | 85.9B | |
| Property Plant Equipment | 3.2B | 2.8B | 2.5B | 2.4B | 2.2B | 3.1B | |
| Short Term Investments | 32.8B | 34.8B | 29.8B | 31.0B | 40.2B | 42.2B | |
| Other Stockholder Equity | (10M) | 16.5B | 15.5B | 15.9B | 17.1B | 8.9B | |
| Property Plant And Equipment Gross | 3.2B | 2.8B | 6.6B | 6.5B | 6.2B | 4.2B | |
| Good Will | 907M | 533M | 472M | 464M | 469M | 445.6M | |
| Other Current Assets | 142.6B | 163.7B | 159.3B | 145.8B | 150.4B | 142.9B | |
| Treasury Stock | (11M) | (10M) | (4M) | (1.6B) | (1.9B) | (1.9B) | |
| Intangible Assets | 1.0B | 860M | 684M | 637M | 729M | 1.3B | |
| Current Deferred Revenue | 9M | 15M | 19M | 640.8B | 14M | 13.3M | |
| Inventory | (142.6B) | (163.7B) | (159.3B) | (145.8B) | 89.4B | 93.8B | |
| Long Term Investments | 176.3B | 142.8B | 180.1B | 190.5B | 211.0B | 194.3B |
Currently Active Assets on Macroaxis
When determining whether ING Group NV is a strong investment it is important to analyze ING Group'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 ING Group's future performance. For an informed investment choice regarding ING 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 ING Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Diversified Banks 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 ING Group. If investors know ING 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 ING Group 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 0.054 | Dividend Share 1.106 | Earnings Share 2.14 | Revenue Per Share 5.223 | Quarterly Revenue Growth (0.01) |
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group'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 ING Group's market value can be influenced by many factors that don't directly affect ING Group'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 ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group'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.