IGPL Total Liab vs Non Currrent Assets Other Analysis

IGPL Stock   491.20  18.85  3.70%   
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 Total Liab and its Non Currrent Assets Other 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.

Total Liab vs Non Currrent Assets Other

Total Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IG Petrochemicals Total Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between IG Petrochemicals' Total Liab and Non Currrent Assets Other is 0.01. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Currrent Assets Other 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' Total Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of IG Petrochemicals Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Liab i.e., IG Petrochemicals' Total Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Profit5.7B1.3B1.5B2.6B
Total Revenue23.5B20.9B24.1B12.3B

IG Petrochemicals fundamental ratios Correlations

0.9-0.110.960.990.990.9-0.410.990.040.960.660.940.95-0.3-0.490.970.980.670.830.65-0.10.990.730.910.73
0.9-0.10.910.850.911.0-0.440.9-0.070.870.580.980.9-0.28-0.490.960.880.590.690.63-0.240.850.720.930.54
-0.11-0.1-0.14-0.1-0.08-0.090.01-0.09-0.34-0.1-0.07-0.1-0.220.03-0.33-0.13-0.14-0.07-0.190.06-0.52-0.110.050.070.02
0.960.91-0.140.920.930.9-0.390.930.080.910.760.90.97-0.32-0.420.990.970.760.810.59-0.110.910.750.890.61
0.990.85-0.10.920.980.85-0.390.990.050.960.630.910.92-0.3-0.480.940.970.630.830.64-0.061.00.70.890.76
0.990.91-0.080.930.980.91-0.451.0-0.060.930.640.950.93-0.25-0.560.960.950.650.790.7-0.180.980.710.940.77
0.91.0-0.090.90.850.91-0.50.9-0.10.860.590.980.89-0.23-0.50.960.870.60.670.66-0.260.850.720.930.56
-0.41-0.440.01-0.39-0.39-0.45-0.5-0.440.32-0.36-0.38-0.46-0.33-0.420.34-0.42-0.35-0.38-0.2-0.730.39-0.38-0.33-0.49-0.51
0.990.9-0.090.930.991.00.9-0.44-0.040.940.640.950.93-0.26-0.540.960.960.650.790.69-0.140.990.710.930.77
0.04-0.07-0.340.080.05-0.06-0.10.32-0.040.160.05-0.110.17-0.320.580.010.160.050.18-0.190.470.060.06-0.06-0.24
0.960.87-0.10.910.960.930.86-0.360.940.160.580.90.9-0.37-0.350.930.970.590.830.56-0.020.960.750.850.61
0.660.58-0.070.760.630.640.59-0.380.640.050.580.560.71-0.09-0.210.70.681.00.50.49-0.010.610.420.620.4
0.940.98-0.10.90.910.950.98-0.460.95-0.110.90.560.9-0.24-0.550.960.90.560.720.67-0.220.910.710.940.64
0.950.9-0.220.970.920.930.89-0.330.930.170.90.710.9-0.33-0.380.970.960.710.810.57-0.010.920.70.880.6
-0.3-0.280.03-0.32-0.3-0.25-0.23-0.42-0.26-0.32-0.37-0.09-0.24-0.33-0.31-0.29-0.36-0.09-0.460.3-0.14-0.31-0.49-0.210.06
-0.49-0.49-0.33-0.42-0.48-0.56-0.50.34-0.540.58-0.35-0.21-0.55-0.38-0.31-0.48-0.39-0.21-0.33-0.560.61-0.46-0.36-0.54-0.72
0.970.96-0.130.990.940.960.96-0.420.960.010.930.70.960.97-0.29-0.480.970.70.790.63-0.150.930.750.930.64
0.980.88-0.140.970.970.950.87-0.350.960.160.970.680.90.96-0.36-0.390.970.680.860.56-0.020.970.750.870.65
0.670.59-0.070.760.630.650.6-0.380.650.050.591.00.560.71-0.09-0.210.70.680.50.49-0.010.610.420.630.4
0.830.69-0.190.810.830.790.67-0.20.790.180.830.50.720.81-0.46-0.330.790.860.50.320.030.840.840.660.66
0.650.630.060.590.640.70.66-0.730.69-0.190.560.490.670.570.3-0.560.630.560.490.32-0.340.630.330.80.74
-0.1-0.24-0.52-0.11-0.06-0.18-0.260.39-0.140.47-0.02-0.01-0.22-0.01-0.140.61-0.15-0.02-0.010.03-0.34-0.05-0.38-0.29-0.36
0.990.85-0.110.911.00.980.85-0.380.990.060.960.610.910.92-0.31-0.460.930.970.610.840.63-0.050.710.880.75
0.730.720.050.750.70.710.72-0.330.710.060.750.420.710.7-0.49-0.360.750.750.420.840.33-0.380.710.670.58
0.910.930.070.890.890.940.93-0.490.93-0.060.850.620.940.88-0.21-0.540.930.870.630.660.8-0.290.880.670.7
0.730.540.020.610.760.770.56-0.510.77-0.240.610.40.640.60.06-0.720.640.650.40.660.74-0.360.750.580.7
Click cells to compare fundamentals

IG Petrochemicals Account Relationship Matchups

IG Petrochemicals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.2B16.5B19.9B21.4B24.6B25.8B
Short Long Term Debt Total1.7B1.7B2.5B3.7B4.2B4.4B
Other Current Liab330.5M390.2M367.5M428.0M385.2M465.9M
Total Current Liabilities3.3B3.9B4.9B5.6B6.4B6.8B
Total Stockholder Equity8.2B10.6B12.3B12.5B14.3B15.1B
Property Plant And Equipment Net8.3B8.7B10.6B12.0B13.8B14.5B
Net Debt1.3B1.5B2.3B3.6B4.1B4.3B
Cash350.4M260.8M242.2M95.5M85.9M170.1M
Non Current Assets Total8.9B9.4B11.8B12.9B14.8B15.6B
Non Currrent Assets Other80.7M230.4M194.1M302.6M272.3M286.0M
Cash And Short Term Investments618.8M1.7B3.0B2.7B3.1B3.3B
Liabilities And Stockholders Equity13.2B16.5B19.9B21.4B24.6B25.8B
Non Current Liabilities Total1.7B2.0B2.6B3.3B3.8B4.0B
Inventory1.4B1.5B1.6B2.0B2.3B2.4B
Other Current Assets75.3M82.3M172.2M239.8M275.7M262.0M
Total Liab5.0B5.9B7.6B8.9B10.2B10.7B
Total Current Assets4.4B7.1B8.1B8.4B9.7B10.2B
Accumulated Other Comprehensive Income762.2M749.3M802.2M836.7M962.2M1.0B
Net Receivables2.2B3.5B3.3B3.4B3.9B2.2B
Intangible Assets2.6M543K3.2M5.8M6.7M7.0M
Current Deferred Revenue40.0M218.9M276.4M5.0M4.5M4.2M
Retained Earnings6.9B9.3B11.0B11.1B12.8B13.4B
Accounts Payable2.2B2.9B3.7B3.8B4.3B2.4B
Short Term Debt749.8M580.8M806.6M1.4B1.6B1.7B
Other Liab822.2M856.5M827.0M821.0M944.2M513.0M
Net Tangible Assets6.3B6.3B8.2B10.6B12.2B12.8B
Other Assets271.2M396.1M194.1M1.01.151.09
Long Term Debt898.2M1.1B1.7B2.3B2.6B2.7B
Short Long Term Debt361.2M579.6M794.8M1.4B1.6B818.7M
Property Plant Equipment8.1B8.3B8.5B10.6B12.2B6.7B
Long Term Debt Total1.5B901.5M1.1B1.7B2.0B1.1B
Short Term Investments268.3M1.5B2.8B886.4M1.0B979.7M
Net Invested Capital9.5B12.3B14.8B16.1B18.5B11.9B
Net Working Capital1.1B3.2B3.2B2.8B3.3B2.0B
Capital Lease Obligations12.2M3.4M50.7M31.8M36.5M26.2M
Property Plant And Equipment Gross13.4B13.9B10.6B11.8B10.7B10.0B

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