Ig Petrochemicals Limited Stock Total Asset

IGPL Stock   572.20  17.25  2.93%   
IG Petrochemicals Limited fundamentals help investors to digest information that contributes to IG Petrochemicals' financial success or failures. It also enables traders to predict the movement of IGPL Stock. The fundamental analysis module provides a way to measure IG Petrochemicals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IG Petrochemicals stock.
Last ReportedProjected for Next Year
Total Assets21.4 B22.4 B
Total Assets is likely to gain to about 22.4 B in 2024.
  
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IG Petrochemicals Limited Company Total Asset Analysis

IG Petrochemicals' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

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Tangible Assets

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Intangible Assets

More About Total Asset | All Equity Analysis

Current IG Petrochemicals Total Asset

    
  21.35 B  
Most of IG Petrochemicals' fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IG Petrochemicals Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

IGPL Total Assets

Total Assets

22.42 Billion

At this time, IG Petrochemicals' Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, IG Petrochemicals Limited has a Total Asset of 21.35 B. This is 22.44% higher than that of the Chemicals sector and 45.56% higher than that of the Materials industry. The total asset for all India stocks is 27.54% higher than that of the company.

IGPL Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IG Petrochemicals' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IG Petrochemicals could also be used in its relative valuation, which is a method of valuing IG Petrochemicals by comparing valuation metrics of similar companies.
IG Petrochemicals is currently under evaluation in total asset category among its peers.

IGPL Fundamentals

About IG Petrochemicals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze IG Petrochemicals Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IG Petrochemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IG Petrochemicals Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for IGPL Stock Analysis

When running IG Petrochemicals' price analysis, check to measure IG Petrochemicals' 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 IG Petrochemicals is operating at the current time. Most of IG Petrochemicals' value examination focuses on studying past and present price action to predict the probability of IG Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IG Petrochemicals' price. Additionally, you may evaluate how the addition of IG Petrochemicals to your portfolios can decrease your overall portfolio volatility.