Ingersoll Historical Balance Sheet
IR Stock | USD 104.17 0.12 0.12% |
Trend analysis of Ingersoll Rand balance sheet accounts such as Total Current Liabilities of 2 B provides information on Ingersoll Rand's total assets, liabilities, and equity, which is the actual value of Ingersoll Rand to its prevalent stockholders. By breaking down trends over time using Ingersoll Rand balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Ingersoll Rand latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ingersoll Rand is a good buy for the upcoming year.
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About Ingersoll Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Ingersoll Rand at a specified time, usually calculated after every quarter, six months, or one year. Ingersoll Rand Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ingersoll Rand 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 Ingersoll currently owns. An asset can also be divided into two categories, current and non-current.
Ingersoll Rand Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Ingersoll Rand 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 Ingersoll Rand 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.Total Current Liabilities
Total Current Liabilities is an item on Ingersoll Rand balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ingersoll Rand are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Ingersoll Rand's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ingersoll Rand current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Ingersoll Rand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.At this time, Ingersoll Rand's Other Current Assets are relatively stable compared to the past year. As of 12/01/2024, Total Permanent Equity is likely to grow to about 8.7 B, while Total Stockholder Equity is likely to drop slightly above 5.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 516.3M | 553.2M | 544.3M | 886.0M | Total Assets | 15.2B | 14.8B | 15.6B | 9.8B |
Ingersoll Rand balance sheet Correlations
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Ingersoll Rand Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ingersoll Rand balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 16.1B | 15.2B | 14.8B | 15.6B | 9.8B | |
Other Current Liab | 192.4M | 614.3M | 516.3M | 553.2M | 544.3M | 886.0M | |
Total Current Liabilities | 574.6M | 1.5B | 1.5B | 1.7B | 1.8B | 2.0B | |
Total Stockholder Equity | 1.9B | 9.1B | 9.0B | 9.2B | 9.8B | 5.8B | |
Other Liab | 539.1M | 1.5B | 1.2B | 1.0B | 934.4M | 1.7B | |
Retained Earnings | (141.4M) | (175.7M) | 378.6M | 950.9M | 1.7B | 2.4B | |
Accounts Payable | 322.9M | 671.1M | 670.5M | 778.7M | 801.2M | 923.2M | |
Cash | 505.5M | 1.8B | 2.1B | 1.6B | 1.6B | 1.1B | |
Other Assets | 161.4M | 364M | 496.7M | 404.5M | 364.1M | 599.7M | |
Long Term Debt | 4.9B | 4.5B | 4.5B | 3.8B | 2.7B | 3.1B | |
Good Will | 1.3B | 6.3B | 6.0B | 6.1B | 6.6B | 3.5B | |
Inventory | 502.5M | 943.6M | 854.2M | 1.0B | 1.0B | 782.5M | |
Other Current Assets | 76.8M | 201M | 186.9M | 206.9M | 219.6M | 273.1M | |
Total Liab | 2.8B | 6.9B | 6.1B | 5.5B | 5.7B | 5.6B | |
Intangible Assets | 1.3B | 4.7B | 3.9B | 3.6B | 3.6B | 3.2B | |
Property Plant Equipment | 1.8B | 1.3B | 1.4B | 1.5B | 1.8B | 1.6B | |
Net Tangible Assets | (3.7B) | (2.2B) | (2.6B) | (2.7B) | (3.1B) | (3.2B) | |
Noncontrolling Interest In Consolidated Entity | 44.8M | 19.4M | 17.2M | 16.6M | 14.9M | 14.2M | |
Non Current Assets Total | 3.1B | 12.2B | 11.0B | 10.8B | 11.5B | 6.9B | |
Non Currrent Assets Other | 89.8M | 214.8M | 323.6M | 339.8M | 390.5M | 354.7M | |
Cash And Short Term Investments | 505.5M | 1.8B | 2.1B | 1.6B | 1.6B | 1.1B | |
Net Receivables | 459.1M | 966.6M | 948.6M | 1.1B | 1.2B | 1.0B | |
Common Stock Total Equity | 2.1M | 4.2M | 259.7M | 253.3M | 228.0M | 132.4M | |
Retained Earnings Total Equity | 9.7B | 8.5B | 8.4B | 8.3B | 9.6B | 8.1B | |
Long Term Debt Total | 4.9B | 4.5B | 4.5B | 3.8B | 4.4B | 3.9B | |
Liabilities And Stockholders Equity | 4.6B | 16.1B | 15.2B | 14.8B | 15.6B | 10.5B | |
Non Current Liabilities Total | 2.2B | 5.4B | 4.6B | 3.8B | 3.9B | 3.8B | |
Capital Surpluse | 2.3B | 9.3B | 9.4B | 9.5B | 10.9B | 11.4B | |
Other Stockholder Equity | 2.3B | 9.3B | 8.7B | 8.5B | 8.3B | 8.7B | |
Deferred Long Term Liab | 682M | 578.5M | 581.5M | 680.1M | 612.1M | 848.1M | |
Total Current Assets | 1.5B | 3.9B | 4.1B | 4.0B | 4.1B | 2.7B | |
Accumulated Other Comprehensive Income | (256M) | 14.2M | (41.6M) | (251.7M) | (227.6M) | (216.2M) | |
Non Current Liabilities Other | 2.7B | 2.3B | 2.0B | 1.8B | 433.9M | 412.2M | |
Short Term Debt | 7.6M | 40.4M | 38.8M | 36.5M | 72.2M | 68.6M | |
Property Plant And Equipment Net | 326.6M | 797.3M | 648.6M | 624.4M | 711.4M | 530.5M |
Pair Trading with Ingersoll Rand
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 Ingersoll Rand 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 Ingersoll Rand will appreciate offsetting losses from the drop in the long position's value.Moving together with Ingersoll Stock
Moving against Ingersoll Stock
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The ability to find closely correlated positions to Ingersoll Rand could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingersoll Rand 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 Ingersoll Rand - 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 Ingersoll Rand to buy it.
The correlation of Ingersoll Rand 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 Ingersoll Rand moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingersoll Rand 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 Ingersoll Rand 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.Additional Tools for Ingersoll Stock Analysis
When running Ingersoll Rand's price analysis, check to measure Ingersoll Rand'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 Ingersoll Rand is operating at the current time. Most of Ingersoll Rand's value examination focuses on studying past and present price action to predict the probability of Ingersoll Rand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingersoll Rand's price. Additionally, you may evaluate how the addition of Ingersoll Rand to your portfolios can decrease your overall portfolio volatility.