IROQ Historical Balance Sheet
IROQ Stock | USD 22.04 0.78 3.42% |
Trend analysis of IF Bancorp balance sheet accounts such as Total Stockholder Equity of 79.6 M or Other Liab of 6.8 M provides information on IF Bancorp's total assets, liabilities, and equity, which is the actual value of IF Bancorp to its prevalent stockholders. By breaking down trends over time using IF Bancorp 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 IF Bancorp 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 IF Bancorp is a good buy for the upcoming year.
IF Bancorp Inventory |
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About IROQ Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of IF Bancorp at a specified time, usually calculated after every quarter, six months, or one year. IF Bancorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IF Bancorp 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 IROQ currently owns. An asset can also be divided into two categories, current and non-current.
IF Bancorp Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of IF Bancorp 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 IF Bancorp 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 IF Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IF Bancorp 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most accounts from IF Bancorp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into IF Bancorp 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 IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.At this time, IF Bancorp's Net Tangible Assets are relatively stable compared to the past year. As of 12/20/2024, Common Stock Total Equity is likely to grow to about 31.8 K, while Other Current Liabilities is likely to drop (3.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 15M | 19.5M | 58.2M | 35.9M | Total Assets | 857.6M | 849.0M | 887.7M | 695.6M |
IF Bancorp balance sheet Correlations
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IF Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IF Bancorp balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 735.5M | 797.3M | 857.6M | 849.0M | 887.7M | 695.6M | |
Short Long Term Debt Total | 37.5M | 28M | 15M | 19.5M | 58.2M | 35.9M | |
Other Current Liab | (3.5M) | (3.2M) | 13.9M | 21.5M | (3.0M) | (3.2M) | |
Total Current Liabilities | 3.5M | 3.2M | 176K | 1.7M | (51.0M) | (48.5M) | |
Total Stockholder Equity | 82.6M | 85.3M | 71.7M | 71.8M | 73.9M | 79.6M | |
Other Liab | 7.9M | 10.2M | 9.6M | 7.9M | 9.0M | 6.8M | |
Property Plant And Equipment Net | 10.2M | 9.8M | 9.5M | 11.1M | 10.6M | 7.8M | |
Net Debt | 4.0M | (34.7M) | (60.8M) | 8.5M | 48.4M | 50.8M | |
Retained Earnings | 31.2M | 35.6M | 40.4M | 43.4M | 43.9M | 41.2M | |
Accounts Payable | 537K | 199K | 176K | 1.7M | 3.0M | 3.2M | |
Cash | 33.5M | 62.7M | 75.8M | 11.0M | 9.6M | 9.1M | |
Non Current Assets Total | 173.3M | 200.7M | 231.9M | 213.9M | 876.1M | 919.9M | |
Non Currrent Assets Other | (3.7M) | (3.9M) | (10.5M) | (12.5M) | 673.5M | 707.2M | |
Other Assets | 364.4M | 342.1M | 1.1B | 624.1M | 5.5M | 5.2M | |
Long Term Debt | 34.5M | 25M | 15M | 19.5M | 58.2M | 36.8M | |
Cash And Short Term Investments | 195.9M | 252.6M | 298.2M | 11.0M | 6.2M | 5.9M | |
Net Receivables | 1.9M | 1.9M | 2.0M | 2.8M | 3.5M | 2.2M | |
Common Stock Shares Outstanding | 3.1M | 3.1M | 3.1M | 3.2M | 3.1M | 3.0M | |
Short Term Investments | 162.4M | 189.9M | 220.9M | 201.3M | 190.5M | 140.3M | |
Liabilities And Stockholders Equity | 735.5M | 797.3M | 857.6M | 849.0M | 887.7M | 695.6M | |
Non Current Liabilities Total | 34.5M | 25M | 15M | 19.5M | 813.8M | 854.5M | |
Inventory | (38.8M) | (67.1M) | 120K | (17.8M) | (16.0M) | (16.9M) | |
Other Current Assets | 38.8M | 67.1M | 325.4M | 15.1M | (3.5M) | (3.3M) | |
Total Liab | 653.0M | 712.0M | 785.9M | 777.2M | 813.8M | 616.0M | |
Property Plant And Equipment Gross | 10.2M | 9.8M | 18.2M | 20.3M | 19.8M | 20.8M | |
Total Current Assets | 197.8M | 254.5M | 625.7M | 11.0M | 6.2M | 5.9M | |
Accumulated Other Comprehensive Income | 4.2M | 1.9M | (17.3M) | (21.6M) | (21.9M) | (20.8M) | |
Intangible Assets | 715K | 1.0M | 1.5M | 1.5M | 1.5M | 797.6K | |
Property Plant Equipment | 10.2M | 9.8M | 9.5M | 11.1M | 12.8M | 7.5M | |
Net Tangible Assets | 82.6M | 85.3M | 71.7M | 71.8M | 64.6M | 65.0M | |
Retained Earnings Total Equity | 38.9M | 35.4M | 31.2M | 35.6M | 41.0M | 36.6M | |
Capital Surpluse | 48.4M | 48.8M | 49.2M | 49.6M | 57.1M | 52.6M | |
Other Stockholder Equity | 47.1M | 49.6M | 50.3M | 51.5M | 51.9M | 51.3M | |
Long Term Investments | 162.4M | 189.9M | 220.9M | 201.3M | 190.5M | 176.8M | |
Non Current Liabilities Other | 73.9M | 30.7M | 44.4M | 38.1M | 34.3M | 44.3M |
Pair Trading with IF Bancorp
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 IF Bancorp 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 IF Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with IROQ Stock
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0.68 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.65 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against IROQ Stock
0.85 | TFC-PO | Truist Financial | PairCorr |
0.84 | TFC-PR | Truist Financial | PairCorr |
0.83 | CFG-PE | Citizens Financial | PairCorr |
0.62 | WF | Woori Financial Group | PairCorr |
0.53 | NU | Nu Holdings | PairCorr |
The ability to find closely correlated positions to IF Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IF Bancorp 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 IF Bancorp - 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 IF Bancorp to buy it.
The correlation of IF Bancorp 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 IF Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IF Bancorp 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 IF Bancorp 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 IROQ Stock Analysis
When running IF Bancorp's price analysis, check to measure IF Bancorp'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 IF Bancorp is operating at the current time. Most of IF Bancorp's value examination focuses on studying past and present price action to predict the probability of IF Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IF Bancorp's price. Additionally, you may evaluate how the addition of IF Bancorp to your portfolios can decrease your overall portfolio volatility.