IGPL Total Revenue vs Total Assets Analysis

IGPL Stock

572.20 17.25 2.93%

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 Revenue and its Total Assets 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 Revenue vs Total Assets

Total Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IG Petrochemicals Total Revenue account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between IG Petrochemicals' Total Revenue and Total Assets is 0.78. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets 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 Revenue and Total Assets 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 Revenue of IG Petrochemicals Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., IG Petrochemicals' Total Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Total Revenue

Total revenue comprises all receipts IG Petrochemicals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Assets

Total assets refers to the total amount of IG Petrochemicals 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 IG Petrochemicals 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.

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 186.4 M in 2024, whereas Tax Provision is likely to drop slightly above 132 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	6.3B	5.7B	1.3B	2.6B
Total Revenue	18.8B	23.5B	20.9B	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		0.85	-0.1	0.94	0.99	0.99	0.85	-0.3	0.99	-0.01	0.94	0.51	0.91	0.77	-0.27	-0.52	0.96	0.98	0.68	0.83	0.43	-0.1	0.89	0.69	0.87	0.75
Short Long Term Debt Total	0.85		-0.08	0.86	0.78	0.87	1.0	-0.34	0.86	-0.15	0.81	0.34	0.98	0.61	-0.24	-0.54	0.93	0.82	0.6	0.62	0.38	-0.29	0.63	0.67	0.89	0.53
Other Current Liab	-0.1	-0.08		-0.12	-0.09	-0.05	-0.07	-0.02	-0.07	-0.34	-0.07	-0.03	-0.08	-0.26	0.02	-0.34	-0.11	-0.13	-0.05	-0.18	0.11	-0.53	-0.1	0.11	0.13	0.04
Total Current Liabilities	0.94	0.86	-0.12		0.89	0.9	0.85	-0.27	0.9	0.04	0.88	0.65	0.85	0.8	-0.28	-0.44	0.98	0.96	0.79	0.8	0.34	-0.12	0.76	0.72	0.83	0.61
Total Stockholder Equity	0.99	0.78	-0.09	0.89		0.98	0.78	-0.28	0.98	0.01	0.94	0.47	0.87	0.74	-0.26	-0.5	0.91	0.96	0.63	0.83	0.44	-0.06	0.92	0.65	0.84	0.78
Property Plant And Equipment Net	0.99	0.87	-0.05	0.9	0.98		0.87	-0.36	1.0	-0.13	0.9	0.48	0.93	0.73	-0.21	-0.61	0.95	0.93	0.65	0.77	0.51	-0.2	0.87	0.67	0.91	0.8
Net Debt	0.85	1.0	-0.07	0.85	0.78	0.87		-0.42	0.86	-0.18	0.8	0.36	0.98	0.6	-0.18	-0.55	0.93	0.81	0.62	0.59	0.43	-0.31	0.63	0.66	0.9	0.55
Cash	-0.3	-0.34	-0.02	-0.27	-0.28	-0.36	-0.42		-0.35	0.37	-0.25	-0.22	-0.37	-0.13	-0.5	0.33	-0.32	-0.23	-0.4	-0.02	-0.7	0.41	-0.25	-0.19	-0.4	-0.47
Non Current Assets Total	0.99	0.86	-0.07	0.9	0.98	1.0	0.86	-0.35		-0.1	0.91	0.48	0.92	0.74	-0.22	-0.58	0.94	0.94	0.65	0.78	0.5	-0.15	0.89	0.66	0.89	0.8
Non Currrent Assets Other	-0.01	-0.15	-0.34	0.04	0.01	-0.13	-0.18	0.37	-0.1		0.15	0.0	-0.19	0.13	-0.32	0.59	-0.05	0.14	0.06	0.17	-0.28	0.47	0.0	0.02	-0.13	-0.26
Cash And Short Term Investments	0.94	0.81	-0.07	0.88	0.94	0.9	0.8	-0.25	0.91	0.15		0.4	0.86	0.69	-0.35	-0.35	0.9	0.96	0.6	0.82	0.33	-0.01	0.85	0.71	0.79	0.6
Common Stock Shares Outstanding	0.51	0.34	-0.03	0.65	0.47	0.48	0.36	-0.22	0.48	0.0	0.4		0.31	0.3	0.01	-0.19	0.55	0.53	0.77	0.25	0.2	0.01	0.25	0.13	0.42	0.26
Non Current Liabilities Total	0.91	0.98	-0.08	0.85	0.87	0.93	0.98	-0.37	0.92	-0.19	0.86	0.31		0.65	-0.19	-0.61	0.94	0.86	0.56	0.68	0.45	-0.25	0.74	0.66	0.9	0.66
Inventory	0.77	0.61	-0.26	0.8	0.74	0.73	0.6	-0.13	0.74	0.13	0.69	0.3	0.65		-0.23	-0.39	0.77	0.79	0.6	0.9	0.33	0.01	0.84	0.71	0.59	0.67
Other Current Assets	-0.27	-0.24	0.02	-0.28	-0.26	-0.21	-0.18	-0.5	-0.22	-0.32	-0.35	0.01	-0.19	-0.23		-0.33	-0.26	-0.33	-0.11	-0.45	0.48	-0.15	-0.23	-0.49	-0.16	0.1
Other Stockholder Equity	-0.52	-0.54	-0.34	-0.44	-0.5	-0.61	-0.55	0.33	-0.58	0.59	-0.35	-0.19	-0.61	-0.39	-0.33		-0.52	-0.4	-0.21	-0.33	-0.57	0.61	-0.5	-0.36	-0.6	-0.72
Total Liab	0.96	0.93	-0.11	0.98	0.91	0.95	0.93	-0.32	0.94	-0.05	0.9	0.55	0.94	0.77	-0.26	-0.52		0.95	0.73	0.78	0.39	-0.17	0.78	0.72	0.89	0.65
Total Current Assets	0.98	0.82	-0.13	0.96	0.96	0.93	0.81	-0.23	0.94	0.14	0.96	0.53	0.86	0.79	-0.33	-0.4	0.95		0.69	0.88	0.32	-0.01	0.86	0.72	0.81	0.65
Common Stock	0.68	0.6	-0.05	0.79	0.63	0.65	0.62	-0.4	0.65	0.06	0.6	0.77	0.56	0.6	-0.11	-0.21	0.73	0.69		0.49	0.37	-0.01	0.51	0.4	0.66	0.41
Net Receivables	0.83	0.62	-0.18	0.8	0.83	0.77	0.59	-0.02	0.78	0.17	0.82	0.25	0.68	0.9	-0.45	-0.33	0.78	0.88	0.49		0.16	0.05	0.9	0.79	0.59	0.64
Intangible Assets	0.43	0.38	0.11	0.34	0.44	0.51	0.43	-0.7	0.5	-0.28	0.33	0.2	0.45	0.33	0.48	-0.57	0.39	0.32	0.37	0.16		-0.38	0.44	0.18	0.63	0.76
Current Deferred Revenue	-0.1	-0.29	-0.53	-0.12	-0.06	-0.2	-0.31	0.41	-0.15	0.47	-0.01	0.01	-0.25	0.01	-0.15	0.61	-0.17	-0.01	-0.01	0.05	-0.38		-0.04	-0.44	-0.34	-0.37
Retained Earnings	0.89	0.63	-0.1	0.76	0.92	0.87	0.63	-0.25	0.89	0.0	0.85	0.25	0.74	0.84	-0.23	-0.5	0.78	0.86	0.51	0.9	0.44	-0.04		0.7	0.69	0.84
Accounts Payable	0.69	0.67	0.11	0.72	0.65	0.67	0.66	-0.19	0.66	0.02	0.71	0.13	0.66	0.71	-0.49	-0.36	0.72	0.72	0.4	0.79	0.18	-0.44	0.7		0.6	0.53
Short Term Debt	0.87	0.89	0.13	0.83	0.84	0.91	0.9	-0.4	0.89	-0.13	0.79	0.42	0.9	0.59	-0.16	-0.6	0.89	0.81	0.66	0.59	0.63	-0.34	0.69	0.6		0.72
Other Liab	0.75	0.53	0.04	0.61	0.78	0.8	0.55	-0.47	0.8	-0.26	0.6	0.26	0.66	0.67	0.1	-0.72	0.65	0.65	0.41	0.64	0.76	-0.37	0.84	0.53	0.72

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IG Petrochemicals Account Relationship Matchups

IG Petrochemicals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.6B	13.2B	16.5B	19.9B	21.4B	22.4B
Short Long Term Debt Total	2.3B	1.7B	1.7B	2.5B	3.7B	3.9B
Other Current Liab	948.6M	330.5M	390.2M	367.5M	428.0M	465.9M
Total Current Liabilities	2.9B	3.3B	3.9B	4.9B	5.6B	5.9B
Total Stockholder Equity	6.3B	8.2B	10.6B	12.3B	12.5B	13.1B
Property Plant And Equipment Net	8.1B	8.3B	8.7B	10.6B	12.0B	12.6B
Net Debt	2.2B	1.3B	1.5B	2.3B	3.6B	3.8B
Cash	79.8M	350.4M	260.8M	242.2M	95.5M	170.1M
Non Current Assets Total	8.4B	8.9B	9.4B	11.8B	12.9B	13.6B
Non Currrent Assets Other	(8.1B)	80.7M	230.4M	194.1M	302.6M	317.7M
Cash And Short Term Investments	486.0M	618.8M	1.7B	3.0B	2.7B	2.9B
Liabilities And Stockholders Equity	11.6B	13.2B	16.5B	19.9B	21.4B	22.4B
Non Current Liabilities Total	2.3B	1.7B	2.0B	2.6B	3.3B	3.5B
Inventory	950.8M	1.4B	1.5B	1.6B	2.0B	1.1B
Other Current Assets	1.8B	75.3M	82.3M	172.2M	239.8M	227.8M
Other Stockholder Equity	5.2B	(6.1B)	(6.1B)	227.5M	204.8M	194.5M
Total Liab	5.3B	5.0B	5.9B	7.6B	8.9B	9.3B
Total Current Assets	3.3B	4.4B	7.1B	8.1B	8.4B	8.9B
Accumulated Other Comprehensive Income	(4.8B)	762.2M	749.3M	802.2M	836.7M	878.5M
Net Receivables	1.5B	2.2B	3.5B	3.3B	3.4B	2.2B
Intangible Assets	5.5M	2.6M	543K	3.2M	5.8M	3.2M
Current Deferred Revenue	(834.6M)	40.0M	218.9M	276.4M	5.0M	4.7M
Retained Earnings	5.1B	6.9B	9.3B	11.0B	11.1B	5.8B
Accounts Payable	2.0B	2.2B	2.9B	3.7B	3.8B	2.4B
Short Term Debt	834.6M	749.8M	580.8M	806.6M	1.4B	1.5B
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	240.0M	271.2M	396.1M	194.1M	1.0	0.95
Long Term Debt	1.5B	898.2M	1.1B	1.7B	2.3B	1.3B
Short Long Term Debt	825.7M	361.2M	579.6M	794.8M	1.4B	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	406.2M	268.3M	1.5B	2.8B	886.4M	979.7M
Net Invested Capital	8.6B	9.5B	12.3B	14.8B	16.1B	11.9B
Net Working Capital	314.3M	1.1B	3.2B	3.2B	2.8B	2.0B

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IGPL Total Revenue vs Total Assets Analysis

Total Revenue vs Total Assets

Total Revenue vs Total Assets Correlation Analysis

Correlation Coefficient

Total Revenue

Total Assets

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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Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.98	Total Assets

Other Liab	- 0.72	Other Stockholder Equity
Intangible Assets	- 0.7	Cash
Other Stockholder Equity	- 0.61	Non Current Liabilities Total
Other Stockholder Equity	- 0.61	Property Plant And Equipment Net
Short Term Debt	- 0.6	Other Stockholder Equity
Other Stockholder Equity	- 0.58	Non Current Assets Total