Impax Total Current Assets vs Property Plant Equipment Analysis

IPX Stock   206.00  0.50  0.24%   
Impax Asset financial indicator trend analysis is infinitely more than just investigating Impax Asset Management recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Impax Asset Management is a good investment. Please check the relationship between Impax Asset Total Current Assets and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Impax Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Impax Asset Management Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Impax Asset's Total Current Assets and Property Plant Equipment is 0.79. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Impax Asset Management, assuming nothing else is changed. The correlation between historical values of Impax Asset's Total Current Assets and Property Plant Equipment 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 Current Assets of Impax Asset Management are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., Impax Asset's Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant Equipment

Most indicators from Impax Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Impax Asset Management 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 Impax Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Impax Asset's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit85.1M108.0M124.2M130.4M
Total Revenue178.4M170.1M195.6M205.4M

Impax Asset fundamental ratios Correlations

0.090.990.991.00.86-0.790.990.580.920.860.610.96-0.380.460.630.860.980.950.98-0.30.97-0.540.820.890.58
0.090.090.110.07-0.16-0.120.060.20.080.13-0.230.06-0.780.780.10.210.11-0.160.06-0.810.040.38-0.320.090.18
0.990.091.00.980.85-0.840.980.560.950.840.640.96-0.380.470.620.820.980.930.98-0.30.96-0.540.80.870.59
0.990.111.00.970.85-0.830.970.590.950.870.590.93-0.360.470.660.830.990.910.96-0.280.95-0.540.80.890.64
1.00.070.980.970.84-0.771.00.570.90.830.650.98-0.40.450.580.860.960.950.99-0.320.98-0.540.810.860.51
0.86-0.160.850.850.84-0.660.840.350.820.810.430.79-0.060.190.810.690.880.920.810.010.82-0.550.980.810.65
-0.79-0.12-0.84-0.83-0.77-0.66-0.78-0.49-0.95-0.64-0.54-0.760.21-0.5-0.53-0.48-0.81-0.68-0.780.13-0.680.43-0.58-0.66-0.6
0.990.060.980.971.00.84-0.780.540.90.810.680.99-0.410.440.560.840.950.960.99-0.330.98-0.530.810.850.49
0.580.20.560.590.570.35-0.490.540.510.740.080.44-0.170.340.40.640.60.390.48-0.140.53-0.220.310.770.64
0.920.080.950.950.90.82-0.950.90.510.790.560.87-0.250.460.670.660.940.840.89-0.170.83-0.510.750.810.67
0.860.130.840.870.830.81-0.640.810.740.790.190.71-0.20.40.840.850.910.760.75-0.140.8-0.420.760.990.85
0.61-0.230.640.590.650.43-0.540.680.080.560.190.75-0.310.12-0.050.280.520.680.73-0.240.65-0.330.460.26-0.13
0.960.060.960.930.980.79-0.760.990.440.870.710.75-0.450.440.460.780.90.941.0-0.370.96-0.510.760.750.37
-0.38-0.78-0.38-0.36-0.4-0.060.21-0.41-0.17-0.25-0.2-0.31-0.45-0.680.02-0.38-0.33-0.23-0.431.0-0.39-0.250.03-0.20.03
0.460.780.470.470.450.19-0.50.440.340.460.40.120.44-0.680.380.480.470.250.44-0.660.40.070.040.380.37
0.630.10.620.660.580.81-0.530.560.40.670.84-0.050.460.020.380.60.730.60.50.060.53-0.30.730.790.9
0.860.210.820.830.860.69-0.480.840.640.660.850.280.78-0.380.480.60.840.780.81-0.320.88-0.510.660.860.54
0.980.110.980.990.960.88-0.810.950.60.940.910.520.9-0.330.470.730.840.90.93-0.260.93-0.530.820.920.71
0.95-0.160.930.910.950.92-0.680.960.390.840.760.680.94-0.230.250.60.780.90.95-0.150.95-0.580.930.80.44
0.980.060.980.960.990.81-0.780.990.480.890.750.731.0-0.430.440.50.810.930.95-0.350.97-0.540.790.790.42
-0.3-0.81-0.3-0.28-0.320.010.13-0.33-0.14-0.17-0.14-0.24-0.371.0-0.660.06-0.32-0.26-0.15-0.35-0.32-0.310.1-0.140.07
0.970.040.960.950.980.82-0.680.980.530.830.80.650.96-0.390.40.530.880.930.950.97-0.32-0.60.810.830.43
-0.540.38-0.54-0.54-0.54-0.550.43-0.53-0.22-0.51-0.42-0.33-0.51-0.250.07-0.3-0.51-0.53-0.58-0.54-0.31-0.6-0.59-0.45-0.26
0.82-0.320.80.80.810.98-0.580.810.310.750.760.460.760.030.040.730.660.820.930.790.10.81-0.590.770.55
0.890.090.870.890.860.81-0.660.850.770.810.990.260.75-0.20.380.790.860.920.80.79-0.140.83-0.450.770.81
0.580.180.590.640.510.65-0.60.490.640.670.85-0.130.370.030.370.90.540.710.440.420.070.43-0.260.550.81
Click cells to compare fundamentals

Impax Asset Account Relationship Matchups

Impax Asset fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets172.4M203.5M188.5M182.4M209.7M220.2M
Short Long Term Debt Total9.4M9.1M8.7M7.8M9.0M9.4M
Other Current Liab44.1M50.6M42.9M41.0M47.2M49.5M
Total Current Liabilities53.4M57.3M47.3M45.6M52.4M55.0M
Total Stockholder Equity110.5M138.2M134.0M131.1M150.8M158.3M
Property Plant And Equipment Net9.4M9.3M8.8M7.9M9.1M9.5M
Net Debt(26.7M)(43.2M)(29.2M)(17.5M)(15.8M)(15.0M)
Retained Earnings98.0M124.5M118.9M117.7M135.3M142.1M
Accounts Payable852K1.1M730K792K910.8K956.3K
Cash36.2M52.2M38.0M25.3M29.1M30.5M
Non Current Assets Total38.7M41.6M39.6M35.2M40.5M42.5M
Non Currrent Assets Other(40.7M)29.4M27.4M31.5M36.2M38.0M
Cash And Short Term Investments81.8M118.2M104.8M109.1M125.5M131.7M
Common Stock Shares Outstanding132.7M133.2M131.6M129.2M148.6M89.3M
Liabilities And Stockholders Equity172.4M203.5M188.5M182.4M209.7M220.2M
Non Current Liabilities Total8.5M8.0M7.2M5.7M6.6M3.8M
Total Liab61.8M65.3M54.6M51.3M58.9M61.9M
Property Plant And Equipment Gross14.7M16.6M18.1M18.4M21.2M22.2M
Total Current Assets121.7M157.1M149.0M147.2M169.2M177.7M
Accumulated Other Comprehensive Income1.3M374K3.1M4.5M5.1M5.4M
Other Current Assets31.3M28.7M35.4M38.1M43.8M46.0M
Other Liab4.7M3.3M371K369K424.4K403.1K
Property Plant Equipment1.8M10.9M9.4M9.3M10.7M11.2M
Good Will11.8M13.9M12.9M11.9M13.6M14.3M
Intangible Assets29.3M32.3M14.2M11.2M12.9M8.3M
Other Assets5.5M11.9M4.8M3.7M4.2M3.4M
Short Term Investments45.6M65.9M66.8M83.8M96.4M101.2M
Short Term Debt1.3M1.5M1.5M2.1M2.4M2.3M
Net Receivables10.5M11.6M8.8M7.7M8.9M4.5M
Net Tangible Assets25.9M38.3M81.2M105.9M121.8M127.9M
Net Invested Capital110.5M138.2M134.0M131.1M150.8M102.7M
Net Working Capital68.4M99.8M101.6M101.6M116.9M66.3M

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Other Information on Investing in Impax Stock

Balance Sheet is a snapshot of the financial position of Impax Asset Management at a specified time, usually calculated after every quarter, six months, or one year. Impax Asset Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Impax Asset and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Impax currently owns. An asset can also be divided into two categories, current and non-current.