IGM Price To Sales Ratio vs Days Sales Outstanding Analysis

IGM Stock

CAD 44.52 0.38 0.85%

IGM Financial financial indicator trend analysis is infinitely more than just investigating IGM Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IGM Financial is a good investment. Please check the relationship between IGM Financial Price To Sales Ratio and its Days Sales Outstanding accounts. 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.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IGM Financial Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have almost no relationship.

The correlation between IGM Financial's Price To Sales Ratio and Days Sales Outstanding is 0.14. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of IGM Financial, assuming nothing else is changed. The correlation between historical values of IGM Financial's Price To Sales Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of IGM Financial are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., IGM Financial's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing IGM Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on IGM Financial sales, a figure that is much harder to manipulate than other IGM Financial multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Days Sales Outstanding

Most indicators from IGM Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

At this time, IGM Financial's Issuance Of Capital Stock is very stable compared to the past year. As of the 27th of February 2025, Enterprise Value is likely to grow to about 16.6 B, while Selling General Administrative is likely to drop about 95.6 M.

	2022	2023	2024	2025 (projected)
Interest Expense	113.8M	266.0M	129.4M	105.5M
Depreciation And Amortization	2.1B	90.5M	104.1M	98.9M

Interest Expense Depreciation And Amortization

IGM Financial fundamental ratios 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		0.71	0.3	0.85	0.94	0.62	0.67	0.95	0.41	0.78	0.28	-0.41	0.4	0.38	0.19	0.78	-0.69	0.98	0.5	0.78	0.48	0.12	0.94	0.4	0.41	0.12
Short Long Term Debt Total	0.71		0.01	0.9	0.47	0.21	0.92	0.49	0.17	0.48	0.57	-0.58	0.15	0.8	0.06	0.51	-0.54	0.81	-0.01	0.69	0.86	-0.42	0.68	0.02	0.05	-0.21
Other Current Liab	0.3	0.01		0.2	0.39	0.67	0.2	0.39	-0.23	0.66	0.14	-0.32	-0.14	-0.14	0.03	0.45	-0.02	0.23	0.77	0.49	0.03	0.48	0.27	0.51	0.66	0.61
Total Current Liabilities	0.85	0.9	0.2		0.67	0.47	0.88	0.68	0.28	0.69	0.31	-0.45	0.33	0.69	0.23	0.75	-0.7	0.9	0.25	0.79	0.82	-0.19	0.87	0.3	0.28	0.04
Total Stockholder Equity	0.94	0.47	0.39	0.67		0.66	0.47	0.99	0.51	0.81	0.15	-0.28	0.46	0.1	0.31	0.78	-0.69	0.86	0.63	0.71	0.22	0.38	0.88	0.49	0.53	0.26
Property Plant And Equipment Net	0.62	0.21	0.67	0.47	0.66		0.36	0.66	0.18	0.79	0.21	-0.45	0.45	0.08	0.08	0.7	-0.27	0.56	0.91	0.72	0.27	0.36	0.73	0.67	0.75	0.66
Net Debt	0.67	0.92	0.2	0.88	0.47	0.36		0.5	0.16	0.67	0.66	-0.73	0.11	0.63	0.22	0.61	-0.57	0.75	0.17	0.83	0.82	-0.16	0.69	0.19	0.2	-0.07
Retained Earnings	0.95	0.49	0.39	0.68	0.99	0.66	0.5		0.45	0.81	0.18	-0.3	0.4	0.11	0.27	0.76	-0.67	0.89	0.62	0.71	0.22	0.37	0.88	0.48	0.47	0.19
Cash	0.41	0.17	-0.23	0.28	0.51	0.18	0.16	0.45		0.36	-0.01	0.05	0.76	-0.04	0.69	0.55	-0.7	0.33	0.17	0.35	0.1	0.26	0.5	0.25	0.27	0.12
Non Current Assets Total	0.78	0.48	0.66	0.69	0.81	0.79	0.67	0.81	0.36		0.35	-0.51	0.3	0.1	0.46	0.89	-0.65	0.73	0.75	0.9	0.37	0.48	0.81	0.57	0.64	0.38
Non Currrent Assets Other	0.28	0.57	0.14	0.31	0.15	0.21	0.66	0.18	-0.01	0.35		-0.92	-0.09	0.26	-0.16	0.14	-0.01	0.34	0.17	0.59	0.42	-0.06	0.25	0.01	0.13	-0.02
Other Assets	-0.41	-0.58	-0.32	-0.45	-0.28	-0.45	-0.73	-0.3	0.05	-0.51	-0.92		-0.03	-0.3	0.17	-0.29	0.05	-0.45	-0.38	-0.73	-0.51	0.0	-0.41	-0.32	-0.32	-0.2
Cash And Short Term Investments	0.4	0.15	-0.14	0.33	0.46	0.45	0.11	0.4	0.76	0.3	-0.09	-0.03		0.2	0.34	0.47	-0.45	0.36	0.36	0.35	0.28	-0.02	0.61	0.4	0.29	0.37
Net Receivables	0.38	0.8	-0.14	0.69	0.1	0.08	0.63	0.11	-0.04	0.1	0.26	-0.3	0.2		-0.16	0.26	-0.24	0.52	-0.17	0.36	0.91	-0.8	0.45	-0.07	-0.12	-0.18
Common Stock Shares Outstanding	0.19	0.06	0.03	0.23	0.31	0.08	0.22	0.27	0.69	0.46	-0.16	0.17	0.34	-0.16		0.57	-0.8	0.13	0.08	0.3	0.05	0.45	0.3	0.27	0.18	-0.03
Non Current Liabilities Total	0.78	0.51	0.45	0.75	0.78	0.7	0.61	0.76	0.55	0.89	0.14	-0.29	0.47	0.26	0.57		-0.77	0.75	0.63	0.85	0.48	0.33	0.85	0.51	0.67	0.39
Other Stockholder Equity	-0.69	-0.54	-0.02	-0.7	-0.69	-0.27	-0.57	-0.67	-0.7	-0.65	-0.01	0.05	-0.45	-0.24	-0.8	-0.77		-0.66	-0.14	-0.56	-0.4	-0.19	-0.73	-0.3	-0.19	0.13
Total Liab	0.98	0.81	0.23	0.9	0.86	0.56	0.75	0.89	0.33	0.73	0.34	-0.45	0.36	0.52	0.13	0.75	-0.66		0.41	0.78	0.61	-0.03	0.92	0.33	0.33	0.03
Property Plant And Equipment Gross	0.5	-0.01	0.77	0.25	0.63	0.91	0.17	0.62	0.17	0.75	0.17	-0.38	0.36	-0.17	0.08	0.63	-0.14	0.41		0.64	0.0	0.58	0.56	0.64	0.78	0.75
Total Current Assets	0.78	0.69	0.49	0.79	0.71	0.72	0.83	0.71	0.35	0.9	0.59	-0.73	0.35	0.36	0.3	0.85	-0.56	0.78	0.64		0.61	0.22	0.83	0.5	0.62	0.37
Short Term Debt	0.48	0.86	0.03	0.82	0.22	0.27	0.82	0.22	0.1	0.37	0.42	-0.51	0.28	0.91	0.05	0.48	-0.4	0.61	0.0	0.61		-0.58	0.59	0.1	0.09	-0.03
Other Current Assets	0.12	-0.42	0.48	-0.19	0.38	0.36	-0.16	0.37	0.26	0.48	-0.06	0.0	-0.02	-0.8	0.45	0.33	-0.19	-0.03	0.58	0.22	-0.58		0.08	0.39	0.51	0.39
Accounts Payable	0.94	0.68	0.27	0.87	0.88	0.73	0.69	0.88	0.5	0.81	0.25	-0.41	0.61	0.45	0.3	0.85	-0.73	0.92	0.56	0.83	0.59	0.08		0.48	0.49	0.26
Current Deferred Revenue	0.4	0.02	0.51	0.3	0.49	0.67	0.19	0.48	0.25	0.57	0.01	-0.32	0.4	-0.07	0.27	0.51	-0.3	0.33	0.64	0.5	0.1	0.39	0.48		0.59	0.54
Good Will	0.41	0.05	0.66	0.28	0.53	0.75	0.2	0.47	0.27	0.64	0.13	-0.32	0.29	-0.12	0.18	0.67	-0.19	0.33	0.78	0.62	0.09	0.51	0.49	0.59		0.86
Short Term Investments	0.12	-0.21	0.61	0.04	0.26	0.66	-0.07	0.19	0.12	0.38	-0.02	-0.2	0.37	-0.18	-0.03	0.39	0.13	0.03	0.75	0.37	-0.03	0.39	0.26	0.54	0.86

Click cells to compare fundamentals

IGM Financial Account Relationship Matchups

IGM Financial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	16.1B	17.7B	18.9B	18.7B	20.7B	10.6B
Short Long Term Debt Total	9.8B	8.6B	8.1B	7.3B	8.3B	4.6B
Other Current Liab	168.7M	265.7M	177.5M	1.5B	1.8B	1.9B
Total Current Liabilities	3.5B	3.2B	2.8B	2.9B	3.2B	2.5B
Total Stockholder Equity	5.0B	6.4B	6.2B	6.7B	7.8B	4.1B
Property Plant And Equipment Net	329.7M	316.0M	326.3M	307.0M	309.1M	324.6M
Net Debt	7.7B	6.1B	5.8B	6.7B	6.5B	6.8B
Retained Earnings	3.2B	3.9B	4.1B	4.6B	4.9B	2.5B
Cash	771.6M	1.3B	1.1B	544.6M	910.3M	926.9M
Non Current Assets Total	6.8B	7.1B	7.4B	9.1B	9.0B	9.4B
Non Currrent Assets Other	318.2M	420.9M	592.1M	507.2M	429.4M	450.9M
Other Assets	272.2M	365.5M	409.0M	373.6M	336.2M	319.4M
Cash And Short Term Investments	1.4B	2.6B	1.7B	686.9M	789.9M	1.1B
Net Receivables	6.8B	5.8B	5.4B	335.6M	268.4M	255.0M
Common Stock Shares Outstanding	238.3M	240.0M	239.0M	238.4M	237.9M	266.2M
Liabilities And Stockholders Equity	16.1B	17.7B	18.9B	18.7B	21.5B	22.5B
Non Current Liabilities Total	7.5B	7.9B	9.8B	7.0B	9.6B	10.0B
Other Stockholder Equity	51.7M	51.1M	54.1M	57.9M	52.1M	49.5M
Total Liab	11.0B	11.2B	12.6B	11.9B	12.8B	6.5B
Property Plant And Equipment Gross	329.7M	665.9M	703.9M	701.1M	737.5M	774.4M
Total Current Assets	9.2B	10.6B	11.4B	9.6B	11.7B	12.3B
Short Term Debt	2.9B	2.4B	2.2B	937.1M	1.1B	1.8B
Other Current Assets	1.1B	2.2B	4.3B	8.7B	10.0B	10.5B
Accumulated Other Comprehensive Income	136.4M	883.1M	362.8M	316.3M	363.7M	381.9M
Accounts Payable	486.6M	553.4M	507.6M	444.7M	492.3M	362.8M
Good Will	2.8B	2.8B	2.8B	2.6B	3.0B	2.9B
Short Term Investments	593.3M	1.3B	602.6M	142.2M	1.4B	1.4B
Intangible Assets	1.3B	1.4B	1.4B	1.3B	1.3B	1.3B
Inventory	(39.0M)	(106.6M)	(171.9M)	(142.2M)	(128.0M)	(134.4M)
Common Stock	1.6B	1.7B	1.7B	1.7B	1.9B	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	5.4B	4.8B	5.8B	4.8B	4.9B	5.1B
Deferred Long Term Liab	194.5M	279.8M	377.6M	428.6M	385.7M	420.6M
Long Term Investments	2.0B	2.2B	2.4B	3.8B	4.1B	2.2B
Short Long Term Debt	2.9B	2.4B	2.2B	2.3B	2.5B	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 against IGM Stock

0.6	FFH-PM	Fairfax Financial	Pair Corr
0.58	ELF-PH	E L Financial Earnings Call This Week	Pair Corr
0.54	FFH-PH	Fairfax Financial	Pair Corr
0.51	SOU	Southern Energy Corp	Pair Corr
0.43	GOOG	Alphabet CDR	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

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.

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IGM Price To Sales Ratio vs Days Sales Outstanding Analysis

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Days Sales Outstanding

IGM Financial fundamental ratios Correlations

IGM Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IGM Financial fundamental ratios Accounts

Pair Trading with IGM Financial

Moving against IGM Stock

Other Information on Investing in IGM Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Total Assets
Retained Earnings	+ 0.95	Total Assets
Total Stockholder Equity	+ 0.94	Total Assets
Accounts Payable	+ 0.94	Total Assets
Net Debt	+ 0.92	Short Long Term Debt Total

Other Assets	- 0.92	Non Currrent Assets Other
Other Stockholder Equity	- 0.8	Common Stock Shares Outstanding
Other Current Assets	- 0.8	Net Receivables
Other Stockholder Equity	- 0.77	Non Current Liabilities Total
Accounts Payable	- 0.73	Other Stockholder Equity
Total Current Assets	- 0.73	Other Assets