ICG Stock | | | 2,206 16.00 0.72% |
Intermediate Capital financial indicator trend analysis is infinitely more than just investigating Intermediate Capital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intermediate Capital is a good investment. Please check the relationship between Intermediate Capital Change In Working Capital and its Total Cash From Operating Activities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intermediate Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Change In Working Capital vs Total Cash From Operating Activities
Change In Working Capital vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Intermediate Capital Change In Working Capital account and
Total Cash From Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Intermediate Capital's Change In Working Capital and Total Cash From Operating Activities is -0.44. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Intermediate Capital Group, assuming nothing else is changed. The correlation between historical values of Intermediate Capital's Change In Working Capital and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Intermediate Capital Group are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Change In Working Capital i.e., Intermediate Capital's Change In Working Capital and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Total Cash From Operating Activities
Most indicators from Intermediate Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intermediate Capital 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 Intermediate Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 103.6
M, whereas
Tax Provision is forecasted to decline to about 47.1
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
EBITDA | 638.5M | 329.4M | 598.7M | 628.6M | EBIT | 620.4M | 311.2M | 580.7M | 609.7M |
Intermediate Capital fundamental ratios Correlations
Click cells to compare fundamentals
Intermediate Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Intermediate Capital fundamental ratios Accounts
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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.
Other Information on Investing in Intermediate Stock
Balance Sheet is a snapshot of the
financial position of Intermediate Capital at a specified time, usually calculated after every quarter, six months, or one year. Intermediate Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Intermediate Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Intermediate currently owns. An asset can also be divided into two categories, current and non-current.