IGPL Cash And Short Term Investments vs Other Stockholder Equity Analysis

IGPL Stock

429.50 17.65 4.29%

IG Petrochemicals financial indicator trend analysis is infinitely more than just investigating IG Petrochemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IG Petrochemicals is a good investment. Please check the relationship between IG Petrochemicals Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IG Petrochemicals Limited. 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.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IG Petrochemicals Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between IG Petrochemicals' Cash And Short Term Investments and Other Stockholder Equity is -0.35. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of IG Petrochemicals Limited, assuming nothing else is changed. The correlation between historical values of IG Petrochemicals' Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of IG Petrochemicals Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., IG Petrochemicals' Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of IG Petrochemicals balance sheet. This account contains IG Petrochemicals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by IG Petrochemicals Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Stockholder Equity

Most indicators from IG Petrochemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IG Petrochemicals 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 IG Petrochemicals Limited. 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.

Selling General Administrative is likely to gain to about 214.4 M in 2025, whereas Tax Provision is likely to drop slightly above 151.8 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	5.7B	1.3B	1.5B	2.6B
Total Revenue	23.5B	20.9B	24.1B	12.3B

Gross Profit Total Revenue

IG Petrochemicals 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Intangible Assets	Current Deferred Revenue	Retained Earnings	Accounts Payable	Short Term Debt	Other Liab
Total Assets		0.9	-0.11	0.96	0.99	0.99	0.9	-0.41	0.99	0.04	0.96	0.66	0.94	0.95	-0.3	-0.49	0.97	0.98	0.67	0.83	0.65	-0.1	0.99	0.73	0.91	0.73
Short Long Term Debt Total	0.9		-0.1	0.91	0.85	0.91	1.0	-0.44	0.9	-0.07	0.87	0.58	0.98	0.9	-0.28	-0.49	0.96	0.88	0.59	0.69	0.63	-0.24	0.85	0.72	0.93	0.54
Other Current Liab	-0.11	-0.1		-0.14	-0.1	-0.08	-0.09	0.01	-0.09	-0.34	-0.1	-0.07	-0.1	-0.22	0.03	-0.33	-0.13	-0.14	-0.07	-0.19	0.06	-0.52	-0.11	0.05	0.07	0.02
Total Current Liabilities	0.96	0.91	-0.14		0.92	0.93	0.9	-0.39	0.93	0.08	0.91	0.76	0.9	0.97	-0.32	-0.42	0.99	0.97	0.76	0.81	0.59	-0.11	0.91	0.75	0.89	0.61
Total Stockholder Equity	0.99	0.85	-0.1	0.92		0.98	0.85	-0.39	0.99	0.05	0.96	0.63	0.91	0.92	-0.3	-0.48	0.94	0.97	0.63	0.83	0.64	-0.06	1.0	0.7	0.89	0.76
Property Plant And Equipment Net	0.99	0.91	-0.08	0.93	0.98		0.91	-0.45	1.0	-0.06	0.93	0.64	0.95	0.93	-0.25	-0.56	0.96	0.95	0.65	0.79	0.7	-0.18	0.98	0.71	0.94	0.77
Net Debt	0.9	1.0	-0.09	0.9	0.85	0.91		-0.5	0.9	-0.1	0.86	0.59	0.98	0.89	-0.23	-0.5	0.96	0.87	0.6	0.67	0.66	-0.26	0.85	0.72	0.93	0.56
Cash	-0.41	-0.44	0.01	-0.39	-0.39	-0.45	-0.5		-0.44	0.32	-0.36	-0.38	-0.46	-0.33	-0.42	0.34	-0.42	-0.35	-0.38	-0.2	-0.73	0.39	-0.38	-0.33	-0.49	-0.51
Non Current Assets Total	0.99	0.9	-0.09	0.93	0.99	1.0	0.9	-0.44		-0.04	0.94	0.64	0.95	0.93	-0.26	-0.54	0.96	0.96	0.65	0.79	0.69	-0.14	0.99	0.71	0.93	0.77
Non Currrent Assets Other	0.04	-0.07	-0.34	0.08	0.05	-0.06	-0.1	0.32	-0.04		0.16	0.05	-0.11	0.17	-0.32	0.58	0.01	0.16	0.05	0.18	-0.19	0.47	0.06	0.06	-0.06	-0.24
Cash And Short Term Investments	0.96	0.87	-0.1	0.91	0.96	0.93	0.86	-0.36	0.94	0.16		0.58	0.9	0.9	-0.37	-0.35	0.93	0.97	0.59	0.83	0.56	-0.02	0.96	0.75	0.85	0.61
Common Stock Shares Outstanding	0.66	0.58	-0.07	0.76	0.63	0.64	0.59	-0.38	0.64	0.05	0.58		0.56	0.71	-0.09	-0.21	0.7	0.68	1.0	0.5	0.49	-0.01	0.61	0.42	0.62	0.4
Non Current Liabilities Total	0.94	0.98	-0.1	0.9	0.91	0.95	0.98	-0.46	0.95	-0.11	0.9	0.56		0.9	-0.24	-0.55	0.96	0.9	0.56	0.72	0.67	-0.22	0.91	0.71	0.94	0.64
Inventory	0.95	0.9	-0.22	0.97	0.92	0.93	0.89	-0.33	0.93	0.17	0.9	0.71	0.9		-0.33	-0.38	0.97	0.96	0.71	0.81	0.57	-0.01	0.92	0.7	0.88	0.6
Other Current Assets	-0.3	-0.28	0.03	-0.32	-0.3	-0.25	-0.23	-0.42	-0.26	-0.32	-0.37	-0.09	-0.24	-0.33		-0.31	-0.29	-0.36	-0.09	-0.46	0.3	-0.14	-0.31	-0.49	-0.21	0.06
Other Stockholder Equity	-0.49	-0.49	-0.33	-0.42	-0.48	-0.56	-0.5	0.34	-0.54	0.58	-0.35	-0.21	-0.55	-0.38	-0.31		-0.48	-0.39	-0.21	-0.33	-0.56	0.61	-0.46	-0.36	-0.54	-0.72
Total Liab	0.97	0.96	-0.13	0.99	0.94	0.96	0.96	-0.42	0.96	0.01	0.93	0.7	0.96	0.97	-0.29	-0.48		0.97	0.7	0.79	0.63	-0.15	0.93	0.75	0.93	0.64
Total Current Assets	0.98	0.88	-0.14	0.97	0.97	0.95	0.87	-0.35	0.96	0.16	0.97	0.68	0.9	0.96	-0.36	-0.39	0.97		0.68	0.86	0.56	-0.02	0.97	0.75	0.87	0.65
Common Stock	0.67	0.59	-0.07	0.76	0.63	0.65	0.6	-0.38	0.65	0.05	0.59	1.0	0.56	0.71	-0.09	-0.21	0.7	0.68		0.5	0.49	-0.01	0.61	0.42	0.63	0.4
Net Receivables	0.83	0.69	-0.19	0.81	0.83	0.79	0.67	-0.2	0.79	0.18	0.83	0.5	0.72	0.81	-0.46	-0.33	0.79	0.86	0.5		0.32	0.03	0.84	0.84	0.66	0.66
Intangible Assets	0.65	0.63	0.06	0.59	0.64	0.7	0.66	-0.73	0.69	-0.19	0.56	0.49	0.67	0.57	0.3	-0.56	0.63	0.56	0.49	0.32		-0.34	0.63	0.33	0.8	0.74
Current Deferred Revenue	-0.1	-0.24	-0.52	-0.11	-0.06	-0.18	-0.26	0.39	-0.14	0.47	-0.02	-0.01	-0.22	-0.01	-0.14	0.61	-0.15	-0.02	-0.01	0.03	-0.34		-0.05	-0.38	-0.29	-0.36
Retained Earnings	0.99	0.85	-0.11	0.91	1.0	0.98	0.85	-0.38	0.99	0.06	0.96	0.61	0.91	0.92	-0.31	-0.46	0.93	0.97	0.61	0.84	0.63	-0.05		0.71	0.88	0.75
Accounts Payable	0.73	0.72	0.05	0.75	0.7	0.71	0.72	-0.33	0.71	0.06	0.75	0.42	0.71	0.7	-0.49	-0.36	0.75	0.75	0.42	0.84	0.33	-0.38	0.71		0.67	0.58
Short Term Debt	0.91	0.93	0.07	0.89	0.89	0.94	0.93	-0.49	0.93	-0.06	0.85	0.62	0.94	0.88	-0.21	-0.54	0.93	0.87	0.63	0.66	0.8	-0.29	0.88	0.67		0.7
Other Liab	0.73	0.54	0.02	0.61	0.76	0.77	0.56	-0.51	0.77	-0.24	0.61	0.4	0.64	0.6	0.06	-0.72	0.64	0.65	0.4	0.66	0.74	-0.36	0.75	0.58	0.7

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IG Petrochemicals Account Relationship Matchups

IG Petrochemicals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	13.2B	16.5B	19.9B	21.4B	24.6B	25.8B
Short Long Term Debt Total	1.7B	1.7B	2.5B	3.7B	4.2B	4.4B
Other Current Liab	330.5M	390.2M	367.5M	428.0M	385.2M	465.9M
Total Current Liabilities	3.3B	3.9B	4.9B	5.6B	6.4B	6.8B
Total Stockholder Equity	8.2B	10.6B	12.3B	12.5B	14.3B	15.1B
Property Plant And Equipment Net	8.3B	8.7B	10.6B	12.0B	13.8B	14.5B
Net Debt	1.3B	1.5B	2.3B	3.6B	4.1B	4.3B
Cash	350.4M	260.8M	242.2M	95.5M	85.9M	170.1M
Non Current Assets Total	8.9B	9.4B	11.8B	12.9B	14.8B	15.6B
Non Currrent Assets Other	80.7M	230.4M	194.1M	302.6M	272.3M	286.0M
Cash And Short Term Investments	618.8M	1.7B	3.0B	2.7B	3.1B	3.3B
Liabilities And Stockholders Equity	13.2B	16.5B	19.9B	21.4B	24.6B	25.8B
Non Current Liabilities Total	1.7B	2.0B	2.6B	3.3B	3.8B	4.0B
Inventory	1.4B	1.5B	1.6B	2.0B	2.3B	2.4B
Other Current Assets	75.3M	82.3M	172.2M	239.8M	275.7M	262.0M
Total Liab	5.0B	5.9B	7.6B	8.9B	10.2B	10.7B
Total Current Assets	4.4B	7.1B	8.1B	8.4B	9.7B	10.2B
Accumulated Other Comprehensive Income	762.2M	749.3M	802.2M	836.7M	962.2M	1.0B
Net Receivables	2.2B	3.5B	3.3B	3.4B	3.9B	2.2B
Intangible Assets	2.6M	543K	3.2M	5.8M	6.7M	7.0M
Current Deferred Revenue	40.0M	218.9M	276.4M	5.0M	4.5M	4.2M
Retained Earnings	6.9B	9.3B	11.0B	11.1B	12.8B	13.4B
Accounts Payable	2.2B	2.9B	3.7B	3.8B	4.3B	2.4B
Short Term Debt	749.8M	580.8M	806.6M	1.4B	1.6B	1.7B
Other Liab	822.2M	856.5M	827.0M	821.0M	944.2M	513.0M
Net Tangible Assets	6.3B	6.3B	8.2B	10.6B	12.2B	12.8B
Other Assets	271.2M	396.1M	194.1M	1.0	1.15	1.09
Long Term Debt	898.2M	1.1B	1.7B	2.3B	2.6B	2.7B
Short Long Term Debt	361.2M	579.6M	794.8M	1.4B	1.6B	818.7M
Property Plant Equipment	8.1B	8.3B	8.5B	10.6B	12.2B	6.7B
Long Term Debt Total	1.5B	901.5M	1.1B	1.7B	2.0B	1.1B
Short Term Investments	268.3M	1.5B	2.8B	886.4M	1.0B	979.7M
Net Invested Capital	9.5B	12.3B	14.8B	16.1B	18.5B	11.9B
Net Working Capital	1.1B	3.2B	3.2B	2.8B	3.3B	2.0B
Capital Lease Obligations	12.2M	3.4M	50.7M	31.8M	36.5M	26.2M
Property Plant And Equipment Gross	13.4B	13.9B	10.6B	11.8B	10.7B	10.0B

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IGPL Cash And Short Term Investments vs Other Stockholder Equity Analysis

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Stockholder Equity

IG Petrochemicals fundamental ratios Correlations

IG Petrochemicals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IG Petrochemicals fundamental ratios Accounts

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Additional Tools for IGPL Stock Analysis

COMMON DESTINATIONS

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COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Intangible Assets	- 0.73	Cash
Other Liab	- 0.72	Other Stockholder Equity
Intangible Assets	- 0.56	Other Stockholder Equity
Other Stockholder Equity	- 0.56	Property Plant And Equipment Net
Other Stockholder Equity	- 0.55	Non Current Liabilities Total
Short Term Debt	- 0.54	Other Stockholder Equity