IGM Historical Balance Sheet

IGM Stock

CAD 47.59 0.05 0.10%

Trend analysis of IGM Financial balance sheet accounts such as Other Current Liabilities of 1.6 B or Total Current Liabilities of 2.4 B provides information on IGM Financial's total assets, liabilities, and equity, which is the actual value of IGM Financial to its prevalent stockholders. By breaking down trends over time using IGM Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining IGM Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether IGM Financial is a good buy for the upcoming year.

IGM Financial Inventory

(135.11 Million)

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IGM Financial. 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.

About IGM Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of IGM Financial at a specified time, usually calculated after every quarter, six months, or one year. IGM Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IGM Financial 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 IGM currently owns. An asset can also be divided into two categories, current and non-current.

IGM Financial Balance Sheet Chart

At this time, IGM Financial's Cash And Short Term Investments are very stable compared to the past year. As of the 11th of December 2024, Common Stock Shares Outstanding is likely to grow to about 266.3 M, while Total Assets are likely to drop about 10.2 B.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

Add Fundamental

Total Assets

Total assets refers to the total amount of IGM Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in IGM Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on IGM Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IGM Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from IGM Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into IGM Financial current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 IGM Financial. 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	8.6B	8.1B	7.3B	4.6B
Total Assets	17.7B	18.9B	18.7B	10.2B

Short Long Term Debt Total Total Assets

IGM Financial balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Accounts Payable	Current Deferred Revenue	Good Will	Short Term Investments
Total Assets		0.75	0.16	0.87	0.94	0.57	0.7	0.95	0.42	0.73	0.28	-0.39	0.5	0.54	0.24	0.94	-0.73	0.99	0.42	0.83	0.61	-0.04	0.95	0.34	0.21	0.12
Short Long Term Debt Total	0.75		0.01	0.9	0.53	0.21	0.92	0.54	0.17	0.49	0.56	-0.58	0.15	0.83	0.06	0.71	-0.54	0.83	-0.02	0.78	0.89	-0.48	0.7	0.01	0.04	-0.09
Other Current Liab	0.16	0.01		0.16	0.2	0.63	0.23	0.23	-0.3	0.61	0.16	-0.31	-0.08	0.01	0.06	-0.04	0.01	0.13	0.71	0.34	0.16	0.26	0.2	0.48	0.47	0.02
Total Current Liabilities	0.87	0.9	0.16		0.7	0.45	0.88	0.7	0.27	0.68	0.3	-0.44	0.36	0.76	0.24	0.83	-0.7	0.91	0.21	0.83	0.87	-0.3	0.87	0.27	0.25	0.04
Total Stockholder Equity	0.94	0.53	0.2	0.7		0.61	0.52	0.99	0.57	0.77	0.15	-0.25	0.62	0.27	0.41	0.88	-0.77	0.87	0.54	0.74	0.37	0.22	0.91	0.45	0.28	0.16
Property Plant And Equipment Net	0.57	0.21	0.63	0.45	0.61		0.38	0.61	0.17	0.77	0.21	-0.44	0.53	0.17	0.12	0.45	-0.26	0.52	0.91	0.67	0.36	0.24	0.71	0.66	0.79	0.45
Net Debt	0.7	0.92	0.23	0.88	0.52	0.38		0.53	0.16	0.7	0.67	-0.73	0.11	0.65	0.23	0.6	-0.57	0.76	0.18	0.88	0.84	-0.2	0.7	0.2	0.26	-0.19
Retained Earnings	0.95	0.54	0.23	0.7	0.99	0.61	0.53		0.49	0.77	0.18	-0.28	0.53	0.27	0.35	0.87	-0.74	0.89	0.54	0.74	0.36	0.23	0.89	0.44	0.23	0.1
Cash	0.42	0.17	-0.3	0.27	0.57	0.17	0.16	0.49		0.37	-0.01	0.06	0.77	-0.03	0.7	0.54	-0.7	0.33	0.17	0.36	0.1	0.29	0.51	0.21	0.34	0.1
Non Current Assets Total	0.73	0.49	0.61	0.68	0.77	0.77	0.7	0.77	0.37		0.37	-0.5	0.37	0.2	0.53	0.61	-0.67	0.68	0.72	0.86	0.47	0.38	0.78	0.55	0.62	-0.06
Non Currrent Assets Other	0.28	0.56	0.16	0.3	0.15	0.21	0.67	0.18	-0.01	0.37		-0.92	-0.08	0.27	-0.15	0.1	0.0	0.33	0.18	0.62	0.44	-0.09	0.25	0.01	0.16	-0.11
Other Assets	-0.39	-0.58	-0.31	-0.44	-0.25	-0.44	-0.73	-0.28	0.06	-0.5	-0.92		-0.05	-0.34	0.16	-0.18	0.04	-0.44	-0.36	-0.74	-0.55	0.08	-0.4	-0.3	-0.32	-0.07
Cash And Short Term Investments	0.5	0.15	-0.08	0.36	0.62	0.53	0.11	0.53	0.77	0.37	-0.08	-0.05		0.16	0.33	0.57	-0.46	0.42	0.48	0.43	0.26	0.07	0.67	0.43	0.55	0.68
Net Receivables	0.54	0.83	0.01	0.76	0.27	0.17	0.65	0.27	-0.03	0.2	0.27	-0.34	0.16		-0.2	0.57	-0.26	0.64	-0.07	0.53	0.91	-0.81	0.54	-0.03	0.07	0.19
Common Stock Shares Outstanding	0.24	0.06	0.06	0.24	0.41	0.12	0.23	0.35	0.7	0.53	-0.15	0.16	0.33	-0.2		0.34	-0.8	0.16	0.12	0.27	0.03	0.54	0.33	0.3	0.35	-0.4
Non Current Liabilities Total	0.94	0.71	-0.04	0.83	0.88	0.45	0.6	0.87	0.54	0.61	0.1	-0.18	0.57	0.57	0.34		-0.8	0.94	0.28	0.72	0.61	-0.11	0.91	0.24	0.2	0.11
Other Stockholder Equity	-0.73	-0.54	0.01	-0.7	-0.77	-0.26	-0.57	-0.74	-0.7	-0.67	0.0	0.04	-0.46	-0.26	-0.8	-0.8		-0.68	-0.13	-0.59	-0.42	-0.19	-0.74	-0.29	-0.21	0.25
Total Liab	0.99	0.83	0.13	0.91	0.87	0.52	0.76	0.89	0.33	0.68	0.33	-0.44	0.42	0.64	0.16	0.94	-0.68		0.34	0.84	0.7	-0.17	0.92	0.28	0.17	0.1
Property Plant And Equipment Gross	0.42	-0.02	0.71	0.21	0.54	0.91	0.18	0.54	0.17	0.72	0.18	-0.36	0.48	-0.07	0.12	0.28	-0.13	0.34		0.55	0.1	0.45	0.53	0.63	0.74	0.42
Total Current Assets	0.83	0.78	0.34	0.83	0.74	0.67	0.88	0.74	0.36	0.86	0.62	-0.74	0.43	0.53	0.27	0.72	-0.59	0.84	0.55		0.74	0.01	0.86	0.42	0.52	0.08
Short Term Debt	0.61	0.89	0.16	0.87	0.37	0.36	0.84	0.36	0.1	0.47	0.44	-0.55	0.26	0.91	0.03	0.61	-0.42	0.7	0.1	0.74		-0.59	0.66	0.13	0.31	0.13
Other Current Assets	-0.04	-0.48	0.26	-0.3	0.22	0.24	-0.2	0.23	0.29	0.38	-0.09	0.08	0.07	-0.81	0.54	-0.11	-0.19	-0.17	0.45	0.01	-0.59		-0.03	0.33	0.26	-0.26
Accounts Payable	0.95	0.7	0.2	0.87	0.91	0.71	0.7	0.89	0.51	0.78	0.25	-0.4	0.67	0.54	0.33	0.91	-0.74	0.92	0.53	0.86	0.66	-0.03		0.44	0.46	0.27
Current Deferred Revenue	0.34	0.01	0.48	0.27	0.45	0.66	0.2	0.44	0.21	0.55	0.01	-0.3	0.43	-0.03	0.3	0.24	-0.29	0.28	0.63	0.42	0.13	0.33	0.44		0.53	0.26
Good Will	0.21	0.04	0.47	0.25	0.28	0.79	0.26	0.23	0.34	0.62	0.16	-0.32	0.55	0.07	0.35	0.2	-0.21	0.17	0.74	0.52	0.31	0.26	0.46	0.53		0.38
Short Term Investments	0.12	-0.09	0.02	0.04	0.16	0.45	-0.19	0.1	0.1	-0.06	-0.11	-0.07	0.68	0.19	-0.4	0.11	0.25	0.1	0.42	0.08	0.13	-0.26	0.27	0.26	0.38

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IGM Financial Account Relationship Matchups

IGM Financial balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.4B	16.1B	17.7B	18.9B	18.7B	10.2B
Short Long Term Debt Total	10.6B	9.8B	8.6B	8.1B	7.3B	4.6B
Other Current Liab	169.0M	168.7M	265.7M	177.5M	1.5B	1.6B
Total Current Liabilities	3.6B	3.5B	3.2B	2.8B	2.9B	2.4B
Total Stockholder Equity	4.5B	5.0B	6.4B	6.2B	6.7B	3.9B
Property Plant And Equipment Net	217.0M	329.7M	316.0M	326.3M	307.0M	322.3M
Net Debt	8.4B	7.7B	6.1B	5.8B	6.7B	7.0B
Retained Earnings	3.0B	3.2B	3.9B	4.1B	4.6B	2.4B
Cash	720.0M	771.6M	1.3B	1.1B	544.6M	924.5M
Non Current Assets Total	6.2B	6.8B	7.1B	7.4B	9.1B	9.5B
Non Currrent Assets Other	210.9M	318.2M	420.9M	592.1M	507.2M	532.6M
Other Assets	272.2M	365.5M	409.0M	373.6M	336.2M	319.4M
Cash And Short Term Investments	1.0B	1.4B	2.6B	1.7B	686.9M	1.1B
Net Receivables	7.6B	6.8B	5.8B	5.4B	335.6M	318.8M
Common Stock Shares Outstanding	239.2M	238.3M	240.0M	239.0M	238.4M	266.3M
Liabilities And Stockholders Equity	15.4B	16.1B	17.7B	18.9B	18.7B	10.2B
Non Current Liabilities Total	7.3B	7.5B	7.9B	9.8B	7.0B	4.2B
Other Stockholder Equity	48.7M	51.7M	51.1M	54.1M	57.9M	55.0M
Total Liab	10.9B	11.0B	11.2B	12.6B	11.9B	6.3B
Property Plant And Equipment Gross	217.0M	329.7M	665.9M	703.9M	701.1M	736.2M
Total Current Assets	9.2B	9.2B	10.6B	11.4B	9.6B	10.1B
Short Term Debt	3.0B	2.9B	2.4B	2.2B	937.1M	1.8B
Other Current Assets	576.5M	1.1B	2.2B	4.3B	8.7B	9.1B
Accumulated Other Comprehensive Income	(127.7M)	136.4M	883.1M	362.8M	316.3M	332.1M
Accounts Payable	435.0M	486.6M	553.4M	507.6M	444.7M	352.3M
Short Term Investments	301.2M	593.3M	1.3B	602.6M	142.2M	135.1M
Intangible Assets	1.2B	1.3B	1.4B	1.4B	1.3B	1.3B
Common Stock Total Equity	1.6B	1.6B	1.6B	1.6B	1.4B	1.3B
Inventory	(56.2M)	(39.0M)	(106.6M)	(171.9M)	(142.2M)	(135.1M)
Common Stock	1.6B	1.6B	1.7B	1.7B	1.7B	1.8B
Other Liab	8.1B	5.4B	4.7B	4.3B	3.9B	5.2B
Net Tangible Assets	608.7M	869.2M	2.3B	2.0B	2.3B	2.5B
Long Term Debt	7.5B	5.4B	4.8B	5.8B	4.8B	5.2B
Deferred Long Term Liab	194.5M	279.8M	377.6M	428.6M	385.7M	420.6M
Long Term Investments	2.1B	2.0B	2.2B	2.4B	3.8B	2.0B
Short Long Term Debt	3.0B	2.9B	2.4B	2.2B	2.3B	2.3B
Property Plant Equipment	217.0M	329.7M	316.0M	326.3M	375.2M	222.5M
Long Term Debt Total	7.6B	6.9B	6.2B	6.0B	5.4B	6.2B

Pair Trading with IGM Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IGM Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IGM Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with IGM Stock

0.82

BIP-PB

Brookfield Infrastructure

Pair Corr

Moving against IGM Stock

0.96	VCM	Vecima Networks	Pair Corr
0.45	MOX	Morien Resources Corp	Pair Corr

The ability to find closely correlated positions to IGM Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IGM Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IGM Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IGM Financial to buy it.

The correlation of IGM Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IGM Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IGM Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for IGM Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in IGM Stock

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IGM Historical Balance Sheet

IGM Financial Inventory

(135.11 Million)

About IGM Balance Sheet Analysis

IGM Financial Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

IGM Financial balance sheet Correlations

IGM Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IGM Financial balance sheet Accounts

Pair Trading with IGM Financial

Moving together with IGM Stock

Moving against IGM Stock

Other Information on Investing in IGM Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.95	Total Assets
Accounts Payable	+ 0.95	Total Assets
Total Stockholder Equity	+ 0.94	Total Assets
Non Current Liabilities Total	+ 0.94	Total Assets

Other Assets	- 0.92	Non Currrent Assets Other
Other Current Assets	- 0.81	Net Receivables
Other Stockholder Equity	- 0.8	Non Current Liabilities Total
Other Stockholder Equity	- 0.8	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.77	Total Stockholder Equity
Accounts Payable	- 0.74	Other Stockholder Equity