Ingevity Intangible Assets vs Current Deferred Revenue Analysis

NGVT Stock  USD 41.14  0.34  0.83%   
Ingevity Corp financial indicator trend analysis is infinitely more than just investigating Ingevity Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingevity Corp is a good investment. Please check the relationship between Ingevity Corp Intangible Assets and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ingevity Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.

Intangible Assets vs Current Deferred Revenue

Intangible Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingevity Corp Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ingevity Corp's Intangible Assets and Current Deferred Revenue is 0.32. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Ingevity Corp, assuming nothing else is changed. The correlation between historical values of Ingevity Corp's Intangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Ingevity Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Intangible Assets i.e., Ingevity Corp's Intangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Ingevity Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingevity Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ingevity Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.Sales General And Administrative To Revenue is likely to gain to 0.13 in 2024, whereas Selling General Administrative is likely to drop slightly above 159.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense47.7M54.3M93.3M98.0M
Depreciation And Amortization127.2M124.9M122.8M77.7M

Ingevity Corp fundamental ratios Correlations

-0.54-0.51-0.46-0.63-0.51-0.59-0.53-0.65-0.26-0.54-0.45-0.26-0.64-0.73-0.51-0.62-0.70.73-0.53-0.64-0.55-0.480.39-0.550.59
-0.540.980.950.950.850.990.970.880.71.00.940.70.890.950.990.920.36-0.850.990.910.970.98-0.720.95-0.92
-0.510.980.940.940.750.980.990.850.680.980.890.680.840.921.00.910.43-0.841.00.870.950.97-0.810.92-0.96
-0.460.950.940.880.760.910.920.820.710.940.910.710.790.90.950.840.29-0.730.950.830.920.94-0.780.86-0.92
-0.630.950.940.880.760.960.950.950.580.940.820.580.90.90.940.950.54-0.840.950.950.930.9-0.710.91-0.88
-0.510.850.750.760.760.840.730.750.640.850.870.640.830.830.780.760.08-0.70.780.810.840.85-0.280.83-0.65
-0.590.990.980.910.960.840.970.90.670.980.890.670.880.940.980.950.45-0.90.980.910.970.95-0.710.94-0.92
-0.530.970.990.920.950.730.970.880.580.980.850.580.870.920.990.940.48-0.840.990.870.920.96-0.80.89-0.96
-0.650.880.850.820.950.750.90.880.450.880.820.450.960.840.860.950.51-0.780.880.950.870.82-0.60.83-0.79
-0.260.70.680.710.580.640.670.580.450.670.781.00.390.630.70.490.06-0.570.690.560.810.66-0.580.77-0.58
-0.541.00.980.940.940.850.980.980.880.670.930.670.890.950.990.920.35-0.830.990.90.960.99-0.710.93-0.93
-0.450.940.890.910.820.870.890.850.820.780.930.780.840.880.920.810.14-0.720.910.840.940.92-0.610.9-0.81
-0.260.70.680.710.580.640.670.580.451.00.670.780.390.630.70.490.06-0.570.690.560.810.66-0.580.77-0.58
-0.640.890.840.790.90.830.880.870.960.390.890.840.390.850.850.930.39-0.760.860.930.840.86-0.490.81-0.77
-0.730.950.920.90.90.830.940.920.840.630.950.880.630.850.930.860.44-0.860.930.850.90.94-0.680.87-0.94
-0.510.991.00.950.940.780.980.990.860.70.990.920.70.850.930.910.39-0.841.00.880.960.97-0.790.93-0.95
-0.620.920.910.840.950.760.950.940.950.490.920.810.490.930.860.910.56-0.90.920.940.910.86-0.680.89-0.85
-0.70.360.430.290.540.080.450.480.510.060.350.140.060.390.440.390.56-0.660.410.440.380.26-0.590.33-0.52
0.73-0.85-0.84-0.73-0.84-0.7-0.9-0.84-0.78-0.57-0.83-0.72-0.57-0.76-0.86-0.84-0.9-0.66-0.84-0.83-0.86-0.770.67-0.870.83
-0.530.991.00.950.950.780.980.990.880.690.990.910.690.860.931.00.920.41-0.840.90.960.97-0.790.93-0.95
-0.640.910.870.830.950.810.910.870.950.560.90.840.560.930.850.880.940.44-0.830.90.910.84-0.570.93-0.77
-0.550.970.950.920.930.840.970.920.870.810.960.940.810.840.90.960.910.38-0.860.960.910.92-0.720.97-0.87
-0.480.980.970.940.90.850.950.960.820.660.990.920.660.860.940.970.860.26-0.770.970.840.92-0.680.89-0.92
0.39-0.72-0.81-0.78-0.71-0.28-0.71-0.8-0.6-0.58-0.71-0.61-0.58-0.49-0.68-0.79-0.68-0.590.67-0.79-0.57-0.72-0.68-0.650.86
-0.550.950.920.860.910.830.940.890.830.770.930.90.770.810.870.930.890.33-0.870.930.930.970.89-0.65-0.82
0.59-0.92-0.96-0.92-0.88-0.65-0.92-0.96-0.79-0.58-0.93-0.81-0.58-0.77-0.94-0.95-0.85-0.520.83-0.95-0.77-0.87-0.920.86-0.82
Click cells to compare fundamentals

Ingevity Corp Account Relationship Matchups

Ingevity Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding42.2M41.5M40.1M38.5M36.5M33.0M
Total Assets2.1B2.3B2.5B2.7B2.6B1.7B
Short Long Term Debt Total1.3B1.3B1.3B1.5B1.5B884.8M
Other Current Liab83.1M72.6M91.4M85.9M73.5M65.0M
Total Current Liabilities215.5M223.4M268.9M303.5M362.9M219.0M
Total Stockholder Equity530.8M647.3M673.8M698.3M631.4M519.4M
Property Plant And Equipment Net664.7M703.6M719.7M798.6M829.4M627.5M
Net Debt1.2B1.0B974.6M1.4B1.4B767.9M
Accounts Payable99.1M104.2M125.8M174.8M158.4M115.1M
Cash56.5M257.7M275.4M76.7M95.9M102.2M
Non Current Assets Total1.7B1.7B1.7B2.1B2.0B1.2B
Non Currrent Assets Other103.7M183.6M202.7M220.1M111.7M91.6M
Cash And Short Term Investments56.5M257.7M275.4M76.7M95.9M102.2M
Net Receivables150M148M161.7M249.3M211M155.8M
Good Will439M445.3M442M518.5M527.5M553.9M
Liabilities And Stockholders Equity2.1B2.3B2.5B2.7B2.6B1.7B
Non Current Liabilities Total1.4B1.5B1.5B1.7B1.6B1.0B
Inventory212.5M189M241.2M335M308.8M217.3M
Other Current Assets34.9M6.5M6.1M22.3M42.3M44.4M
Other Stockholder Equity38.2M(35.8M)(135.8M)(263M)(344.6M)(327.4M)
Total Liab1.6B1.7B1.8B2.0B2.0B1.2B
Property Plant And Equipment Gross718.1M752.7M1.5B1.6B1.7B878.9M
Total Current Assets463.2M628.7M724.9M679M658.6M504.0M
Accumulated Other Comprehensive Income(5M)4.7M13.1M(46.8M)(26.7M)(28.0M)
Intangible Assets396.2M373.3M337.6M404.8M385.3M211.4M
Other Liab126.4M196.4M276.3M221.4M254.6M133.8M
Net Tangible Assets(324.5M)(176.5M)(105.8M)(280M)(252M)(239.4M)
Current Deferred Revenue(6.3M)4.4M14.7M6.8M47.7M50.1M
Other Assets100.9M146M291.4M268.3M232.9M145.9M
Long Term Debt1.2B1.3B1.3B1.5B1.4B927.7M
Short Long Term Debt22.5M26M19.6M900K84.4M88.6M
Short Term Debt39.6M42.2M37M33.9M121.8M127.9M
Property Plant Equipment719.3M703.6M719.7M855.3M983.6M639.3M
Retained Earnings497.2M678M796.1M1.0B1.0B546.3M
Long Term Debt Total741.2M1.2B1.3B1.3B1.4B863.1M
Deferred Long Term Liab2.5M117M114.6M5.1M5.9M5.6M
Retained Earnings Total Equity313.5M497.2M678M796.1M915.5M961.3M
Short Term Investments1.8M700K400K200K180K171K
Capital Surpluse98.3M112.8M121.3M136.3M156.7M114.5M

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Additional Tools for Ingevity Stock Analysis

When running Ingevity Corp's price analysis, check to measure Ingevity Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ingevity Corp is operating at the current time. Most of Ingevity Corp's value examination focuses on studying past and present price action to predict the probability of Ingevity Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingevity Corp's price. Additionally, you may evaluate how the addition of Ingevity Corp to your portfolios can decrease your overall portfolio volatility.