Ingredion Capital Expenditures vs Free Cash Flow Analysis

INGR Stock  USD 138.57  0.34  0.24%   
Ingredion Incorporated financial indicator trend analysis is infinitely more than just investigating Ingredion Incorporated recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingredion Incorporated is a good investment. Please check the relationship between Ingredion Incorporated Capital Expenditures and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingredion 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 price.
To learn how to invest in Ingredion Stock, please use our How to Invest in Ingredion Incorporated guide.

Capital Expenditures vs Free Cash Flow

JavaScript chart by amCharts 3.21.15201420162018202020222024240M250M260M270M280M290M300M310M320M330M340M350M -150M-100M-50M050M100M150M200M250M300M350M400M450M500M550M600M650M700M750M
JavaScript chart by amCharts 3.21.15Capital Expenditurestotal: 3.6BFree Cash Flowtotal: 4.8B

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingredion Incorporated Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
Capital ExpendituresFree Cash FlowDiversified AwayCapital ExpendituresFree Cash FlowDiversified Away100%
The correlation between Ingredion Incorporated's Capital Expenditures and Free Cash Flow is 0.21. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Ingredion Incorporated, assuming nothing else is changed. The correlation between historical values of Ingredion Incorporated's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Ingredion Incorporated are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Ingredion Incorporated's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Expenditures

Capital Expenditures are funds used by Ingredion Incorporated to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ingredion Incorporated operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Ingredion Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingredion Incorporated 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 Ingredion 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 price.
To learn how to invest in Ingredion Stock, please use our How to Invest in Ingredion Incorporated guide.As of 12/29/2024, Selling General Administrative is likely to drop to about 366.8 M. In addition to that, Tax Provision is likely to drop to about 141.3 M
 2021 2022 2023 2024 (projected)
Interest Expense74M99M114M70.3M
Depreciation And Amortization221M215M219M181.2M

Ingredion Incorporated fundamental ratios Correlations

0.960.860.830.980.930.920.850.330.980.410.320.98-0.290.860.730.15-0.790.990.480.980.290.750.470.00.0
0.960.840.710.880.930.940.810.410.940.230.40.94-0.150.940.640.06-0.760.980.40.940.150.670.330.080.08
0.860.840.660.860.770.820.590.260.860.240.260.86-0.260.760.580.07-0.720.830.380.820.050.70.370.00.0
0.830.710.660.840.610.820.84-0.120.780.74-0.130.89-0.50.470.810.32-0.650.790.690.860.630.670.44-0.14-0.14
0.980.880.860.840.880.850.790.310.960.460.30.95-0.360.770.720.19-0.760.930.490.960.330.760.49-0.04-0.04
0.930.930.770.610.880.850.760.460.950.210.450.87-0.180.950.610.07-0.780.940.320.870.130.70.440.060.06
0.920.940.820.820.850.850.840.080.920.40.070.95-0.310.820.720.11-0.820.950.510.890.30.720.370.020.02
0.850.810.590.840.790.760.840.120.810.510.120.86-0.210.690.730.27-0.570.870.520.870.380.520.44-0.04-0.04
0.330.410.26-0.120.310.460.080.120.3-0.421.00.180.420.57-0.06-0.12-0.040.34-0.220.35-0.380.02-0.030.20.2
0.980.940.860.780.960.950.920.810.30.380.290.95-0.310.880.70.09-0.830.970.420.920.270.780.550.020.02
0.410.230.240.740.460.210.40.51-0.420.38-0.420.47-0.840.00.830.68-0.570.340.850.420.850.670.39-0.66-0.66
0.320.40.26-0.130.30.450.070.121.00.29-0.420.170.420.57-0.07-0.12-0.040.33-0.220.35-0.390.01-0.030.20.2
0.980.940.860.890.950.870.950.860.180.950.470.17-0.320.80.770.14-0.790.970.550.970.340.740.440.00.0
-0.29-0.15-0.26-0.5-0.36-0.18-0.31-0.210.42-0.31-0.840.42-0.320.04-0.69-0.660.65-0.21-0.78-0.25-0.78-0.76-0.20.740.74
0.860.940.760.470.770.950.820.690.570.880.00.570.80.040.48-0.07-0.690.910.190.81-0.090.570.340.170.17
0.730.640.580.810.720.610.720.73-0.060.70.83-0.070.77-0.690.480.62-0.820.710.920.740.650.860.34-0.58-0.58
0.150.060.070.320.190.070.110.27-0.120.090.68-0.120.14-0.66-0.070.62-0.350.10.780.210.540.45-0.09-0.91-0.91
-0.79-0.76-0.72-0.65-0.76-0.78-0.82-0.57-0.04-0.83-0.57-0.04-0.790.65-0.69-0.82-0.35-0.78-0.65-0.71-0.42-0.96-0.440.380.38
0.990.980.830.790.930.940.950.870.340.970.340.330.97-0.210.910.710.1-0.780.450.960.230.70.440.050.05
0.480.40.380.690.490.320.510.52-0.220.420.85-0.220.55-0.780.190.920.78-0.650.450.540.750.740.01-0.75-0.75
0.980.940.820.860.960.870.890.870.350.920.420.350.97-0.250.810.740.21-0.710.960.540.30.680.36-0.02-0.02
0.290.150.050.630.330.130.30.38-0.380.270.85-0.390.34-0.78-0.090.650.54-0.420.230.750.30.530.14-0.53-0.53
0.750.670.70.670.760.70.720.520.020.780.670.010.74-0.760.570.860.45-0.960.70.740.680.530.42-0.52-0.52
0.470.330.370.440.490.440.370.44-0.030.550.39-0.030.44-0.20.340.34-0.09-0.440.440.010.360.140.420.070.07
0.00.080.0-0.14-0.040.060.02-0.040.20.02-0.660.20.00.740.17-0.58-0.910.380.05-0.75-0.02-0.53-0.520.071.0
0.00.080.0-0.14-0.040.060.02-0.040.20.02-0.660.20.00.740.17-0.58-0.910.380.05-0.75-0.02-0.53-0.520.071.0
Click cells to compare fundamentals

Ingredion Incorporated Account Relationship Matchups

Ingredion Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.9B7.0B7.6B7.6B4.7B
Short Long Term Debt Total2.0B2.3B2.0B2.5B2.4B1.5B
Other Current Liab381M305M339M373M444M240.1M
Total Current Liabilities967M1.1B1.5B1.9B1.8B890.2M
Total Stockholder Equity2.7B3.0B3.1B3.2B3.5B2.1B
Property Plant And Equipment Net2.5B2.6B2.4B2.4B2.4B2.0B
Net Debt1.7B1.7B1.7B2.2B2B1.2B
Accounts Payable452M504M599M774M873M453.4M
Cash327M264M665M328M236M301.8M
Non Current Assets Total3.9B4.2B4.3B4.3B4.2B3.0B
Non Currrent Assets Other171M213M531M544M570M598.5M
Cash And Short Term Investments268M665M332M239M409M305.8M
Net Receivables977M1.0B1.1B1.4B1.3B715.8M
Common Stock Shares Outstanding67.4M67.6M67.8M67M60.3M58.5M
Liabilities And Stockholders Equity6.0B6.9B7.0B7.6B7.6B4.7B
Non Current Liabilities Total2.3B2.7B2.3B2.4B2.2B1.7B
Inventory861M917M1.2B1.6B1.5B1.5B
Other Stockholder Equity5M97M126M(16M)(61M)(58.0M)
Total Liab3.3B3.8B3.8B4.3B4.0B2.5B
Property Plant And Equipment Gross2.5B2.6B2.4B5.7B5.8B6.1B
Total Current Assets2.2B2.6B2.7B3.3B3.4B1.7B
Accumulated Other Comprehensive Income(1.2B)(1.1B)(897M)(1.0B)(1.1B)(1.0B)
Short Term Debt82M484M355M591M504M529.2M
Retained Earnings3.8B4.0B3.9B4.2B4.7B4.9B
Intangible Assets437M444M1.3B401M385M408.2M
Other Liab446M474M560M379M435.9M274.0M
Other Assets184M410M531M544M625.6M656.9M
Long Term Debt1.8B1.7B1.7B1.9B1.7B1.4B
Property Plant Equipment2.3B2.5B2.4B2.4B2.8B2.0B
Good Will801M902M914M900M918M643.3M
Net Tangible Assets1.6B1.7B1.8B1.9B1.8B1.7B
Retained Earnings Total Equity3.8B4.0B3.9B4.2B4.8B2.9B
Long Term Debt Total1.8B1.7B1.7B1.9B2.2B2.0B
Capital Surpluse1.1B1.2B1.2B1.1B1.0B913.2M

Pair Trading with Ingredion Incorporated

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 Ingredion Incorporated 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 Ingredion Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ingredion Stock

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Moving against Ingredion Stock

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The ability to find closely correlated positions to Ingredion Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingredion Incorporated 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 Ingredion Incorporated - 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 Ingredion Incorporated to buy it.
The correlation of Ingredion Incorporated 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 Ingredion Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingredion Incorporated 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 Ingredion Incorporated 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 CorrelationCorrelation Matching

Additional Tools for Ingredion Stock Analysis

When running Ingredion Incorporated's price analysis, check to measure Ingredion Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ingredion Incorporated is operating at the current time. Most of Ingredion Incorporated's value examination focuses on studying past and present price action to predict the probability of Ingredion Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingredion Incorporated's price. Additionally, you may evaluate how the addition of Ingredion Incorporated to your portfolios can decrease your overall portfolio volatility.