Ingles Book Value Per Share vs Inventory Turnover Analysis
IMKTA Stock | USD 71.01 1.18 1.69% |
Ingles Markets financial indicator trend analysis is infinitely more than just investigating Ingles Markets recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingles Markets is a good investment. Please check the relationship between Ingles Markets Book Value Per Share and its Inventory Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingles Markets Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Book Value Per Share vs Inventory Turnover
Book Value Per Share vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingles Markets Book Value Per Share account and Inventory Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ingles Markets' Book Value Per Share and Inventory Turnover is 0.22. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Ingles Markets Incorporated, assuming nothing else is changed. The correlation between historical values of Ingles Markets' Book Value Per Share and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Ingles Markets Incorporated are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Book Value Per Share i.e., Ingles Markets' Book Value Per Share and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most indicators from Ingles Markets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingles Markets 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 Ingles Markets Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Ingles Markets' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.38, whereas Selling General Administrative is forecasted to decline to about 680.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.4B | 1.6B | 1.7B | Total Revenue | 5.7B | 5.9B | 6.8B | 7.1B |
Ingles Markets fundamental ratios Correlations
Click cells to compare fundamentals
Ingles Markets Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ingles Markets fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.0B | 2.3B | 2.5B | 2.8B | 3.0B | |
Short Long Term Debt Total | 605.5M | 589.5M | 571.9M | 595.5M | 684.8M | 563.9M | |
Other Current Liab | 69.7M | 4.1M | 102.8M | 75.5M | 68.0M | 64.6M | |
Total Current Liabilities | 323.8M | 378.9M | 333.8M | 330.5M | 380.1M | 224.3M | |
Total Stockholder Equity | 819.3M | 983.3M | 1.3B | 1.5B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 1.4B | 1.4B | 1.4B | 1.5B | 1.7B | 894.7M | |
Net Debt | 598.6M | 519.2M | 304.7M | 266.9M | 307.0M | 519.7M | |
Retained Earnings | 816.3M | 985.7M | 1.2B | 1.4B | 1.7B | 1.7B | |
Cash | 6.9M | 70.3M | 267.2M | 328.5M | 377.8M | 396.7M | |
Non Current Assets Total | 1.4B | 1.4B | 1.5B | 1.5B | 1.7B | 916.9M | |
Non Currrent Assets Other | (73.3B) | 72.1M | (73.5B) | 32.3M | 29.1M | 30.5M | |
Cash And Short Term Investments | 6.9M | 75.3M | 267.2M | 328.5M | 377.8M | 396.7M | |
Net Receivables | 81.4M | 95.1M | 97.2M | 107.6M | 123.7M | 129.9M | |
Liabilities And Stockholders Equity | 1.9B | 2.0B | 2.3B | 2.5B | 2.8B | 3.0B | |
Non Current Liabilities Total | 756.2M | 656.2M | 702.1M | 684.3M | 787.0M | 632.3M | |
Inventory | 366.8M | 390.0M | 457.9M | 493.9M | 567.9M | 596.3M | |
Other Current Assets | 15.1M | 15.1M | 15.8M | 22.6M | 26.0M | 27.3M | |
Other Stockholder Equity | 12.3M | 462.0 | (425.0) | (140.0) | (161.0) | (152.95) | |
Total Liab | 1.1B | 1.0B | 1.0B | 1.0B | 1.2B | 856.5M | |
Property Plant And Equipment Gross | 1.4B | 2.9B | 3.0B | 3.2B | 3.6B | 3.8B | |
Total Current Assets | 470.2M | 575.4M | 838.1M | 952.6M | 1.1B | 1.2B | |
Accumulated Other Comprehensive Income | (10.3M) | (3.4M) | 12.4M | 13.2M | 11.9M | 12.5M | |
Short Term Debt | 27.7M | 17.6M | 17.6M | 25.8M | 23.2M | 24.4M | |
Accounts Payable | 204.1M | 189.4M | 213.4M | 204.0M | 234.6M | 144.9M | |
Current Deferred Revenue | 78.6M | 96.4M | 167.7M | 30.3M | 34.9M | 33.1M | |
Other Liab | 117.4M | 129.0M | 123.2M | 115.1M | 132.3M | 138.9M | |
Other Assets | 28.0M | 32.0M | 44.8M | 16.6M | 19.0M | 23.7M | |
Long Term Debt | 586.2M | 571.9M | 554.3M | 532.6M | 612.5M | 753.9M | |
Property Plant Equipment | 1.3B | 1.4B | 1.4B | 1.4B | 1.6B | 1.2B | |
Net Tangible Assets | 662.7M | 819.3M | 983.3M | 1.3B | 1.4B | 1.5B | |
Retained Earnings Total Equity | 582.1M | 650.7M | 985.7M | 1.2B | 1.4B | 1.5B | |
Long Term Debt Total | 852.7M | 839.6M | 571.9M | 554.3M | 498.9M | 643.6M | |
Deferred Long Term Liab | 74.5M | 75.5M | 72.8M | 73.6M | 84.6M | 74.6M | |
Non Current Liabilities Other | 55.7M | 84.3M | 41.5M | 84.5M | 97.2M | 102.1M | |
Short Long Term Debt | 19.3M | 17.6M | 17.6M | 17.5M | 20.2M | 15.8M | |
Net Invested Capital | 1.4B | 1.6B | 1.8B | 550.2M | 495.1M | 470.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ingles Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ingles Markets' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ingles Markets Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ingles Markets Incorporated Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingles Markets Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ingles Markets. If investors know Ingles will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ingles Markets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 0.66 | Earnings Share 8.4 | Revenue Per Share 306.779 | Quarterly Revenue Growth (0.03) |
The market value of Ingles Markets is measured differently than its book value, which is the value of Ingles that is recorded on the company's balance sheet. Investors also form their own opinion of Ingles Markets' value that differs from its market value or its book value, called intrinsic value, which is Ingles Markets' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ingles Markets' market value can be influenced by many factors that don't directly affect Ingles Markets' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ingles Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingles Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingles Markets' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.