Intercontinental Good Will vs Total Current Assets Analysis
ICE Stock | USD 158.18 0.23 0.15% |
Intercontinental financial indicator trend analysis is infinitely more than just investigating Intercontinental Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intercontinental Exchange is a good investment. Please check the relationship between Intercontinental Good Will and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Good Will vs Total Current Assets
Good Will vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intercontinental Exchange Good Will account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Intercontinental's Good Will and Total Current Assets is 0.59. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Intercontinental Exchange, assuming nothing else is changed. The correlation between historical values of Intercontinental's Good Will and Total Current 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 Intercontinental Exchange are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Intercontinental's Good Will and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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 Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Intercontinental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intercontinental Exchange 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 Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Intercontinental's Tax Provision is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.0B | 5.2B | 5.7B | 5.9B | Total Revenue | 9.2B | 9.6B | 9.9B | 10.4B |
Intercontinental fundamental ratios Correlations
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Intercontinental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intercontinental fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 94.5B | 126.2B | 193.5B | 194.3B | 136.1B | 142.9B | |
Total Current Liabilities | 68.8B | 88.0B | 153.4B | 149.2B | 84.6B | 45.5B | |
Total Stockholder Equity | 17.3B | 19.5B | 22.7B | 22.7B | 25.7B | 27.0B | |
Property Plant And Equipment Net | 1.5B | 1.7B | 1.7B | 1.8B | 1.9B | 2.0B | |
Net Debt | 7.3B | 16.3B | 13.6B | 16.6B | 22.0B | 23.1B | |
Cash | 841M | 583M | 607M | 1.8B | 899M | 598.0M | |
Non Current Assets Total | 26.5B | 39.0B | 39.2B | 37.4B | 51.1B | 53.7B | |
Non Currrent Assets Other | 1.4B | 1.6B | 2.6B | 1.4B | 1.3B | 1.4B | |
Cash And Short Term Investments | 841M | 583M | 607M | 1.8B | 2.1B | 1.6B | |
Common Stock Shares Outstanding | 594M | 579M | 565M | 555M | 561M | 457.4M | |
Liabilities And Stockholders Equity | 94.5B | 126.2B | 193.5B | 194.3B | 136.1B | 142.9B | |
Non Current Liabilities Total | 8.3B | 18.6B | 17.3B | 22.4B | 25.7B | 27.0B | |
Other Current Assets | 220M | 85.4B | 152.5B | 154.0B | 81.5B | 85.6B | |
Total Liab | 77.1B | 106.6B | 170.8B | 171.6B | 110.3B | 115.8B | |
Total Current Assets | 68.0B | 87.2B | 154.3B | 156.9B | 85.0B | 45.9B | |
Other Current Liab | 65.6B | 84.8B | 151.0B | 148.1B | 81.5B | 42.0B | |
Other Stockholder Equity | (1.8B) | 8.6B | 8.5B | 8.1B | 9.6B | 5.1B | |
Property Plant And Equipment Gross | 1.5B | 1.7B | 3.6B | 3.9B | 4.3B | 4.5B | |
Short Long Term Debt Total | 8.1B | 16.9B | 14.2B | 18.4B | 22.9B | 24.1B | |
Other Liab | 2.8B | 4.1B | 4.7B | 4.0B | 4.6B | 4.9B | |
Current Deferred Revenue | 129M | 158M | 194M | 170M | 200M | 190M | |
Retained Earnings | 9.6B | 11.0B | 14.4B | 14.9B | 16.4B | 17.2B | |
Accounts Payable | 505M | 639M | 703M | 866M | 1.0B | 1.1B | |
Other Assets | 747M | 1.6B | 1.0B | 1.2B | 1.4B | 1.5B | |
Long Term Debt | 5.3B | 14.1B | 12.4B | 18.1B | 20.7B | 21.7B | |
Net Receivables | 988M | 1.2B | 1.2B | 1.2B | 1.4B | 1.4B | |
Good Will | 13.3B | 21.3B | 21.1B | 21.1B | 30.6B | 32.1B | |
Inventory | 65.9B | 85.1B | 147.0B | 153.5B | 80.2B | 51.6B | |
Accumulated Other Comprehensive Income | (243M) | (192M) | (196M) | (331M) | (294M) | (279.3M) | |
Treasury Stock | (3.9B) | (5.2B) | (5.5B) | (6.2B) | (5.6B) | (5.3B) | |
Short Term Debt | 2.6B | 2.4B | 1.5B | 4M | 2.0B | 2.0B | |
Intangible Assets | 10.3B | 14.4B | 13.7B | 13.1B | 17.3B | 18.2B | |
Property Plant Equipment | 1.2B | 1.4B | 1.7B | 1.8B | 2.0B | 2.1B | |
Net Tangible Assets | 17.3B | 19.6B | 22.7B | 22.7B | 26.1B | 19.0B | |
Noncontrolling Interest In Consolidated Entity | 31M | 36M | 39M | 55M | 63.3M | 38.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Intercontinental Exchange is a strong investment it is important to analyze Intercontinental'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 Intercontinental's future performance. For an informed investment choice regarding Intercontinental 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 Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Financial Exchanges & Data 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 Intercontinental. If investors know Intercontinental 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 Intercontinental 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 0.188 | Dividend Share 1.77 | Earnings Share 4.21 | Revenue Per Share 15.981 | Quarterly Revenue Growth 0.173 |
The market value of Intercontinental Exchange is measured differently than its book value, which is the value of Intercontinental that is recorded on the company's balance sheet. Investors also form their own opinion of Intercontinental's value that differs from its market value or its book value, called intrinsic value, which is Intercontinental'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 Intercontinental's market value can be influenced by many factors that don't directly affect Intercontinental'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 Intercontinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intercontinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intercontinental'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.