IROQ Capital Surpluse vs Earning Assets Analysis

IROQ Stock  USD 23.30  0.46  2.01%   
IF Bancorp financial indicator trend analysis is infinitely more than just investigating IF Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IF Bancorp is a good investment. Please check the relationship between IF Bancorp Capital Surpluse and its Earning Assets accounts. 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.

Capital Surpluse vs Earning Assets

JavaScript chart by amCharts 3.21.152016201820202022202447M48M49M50M51M52M53M54M55M56M57M 115M120M125M130M135M140M145M150M155M160M165M170M
JavaScript chart by amCharts 3.21.15Capital Surplusetotal: 597MEarning Assetstotal: 1.7B

Capital Surpluse vs Earning Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IF Bancorp Capital Surpluse account and Earning Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
Capital SurpluseEarning AssetsDiversified AwayCapital SurpluseEarning AssetsDiversified Away100%
The correlation between IF Bancorp's Capital Surpluse and Earning Assets is -0.53. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Earning Assets in the same time period over historical financial statements of IF Bancorp, assuming nothing else is changed. The correlation between historical values of IF Bancorp's Capital Surpluse and Earning Assets 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 Surpluse of IF Bancorp are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Capital Surpluse i.e., IF Bancorp's Capital Surpluse and Earning Assets go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Surpluse

Earning Assets

Most indicators from IF Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 01/03/2025, Enterprise Value Multiple is likely to grow to 31.54, while Selling General Administrative is likely to drop slightly above 11.4 M.
 2022 2024 2025 (projected)
Interest Expense10.1M26.7M28.1M
Depreciation And Amortization663K771.7K540.0K

IF Bancorp fundamental ratios Correlations

-0.360.26-0.530.320.870.88-0.390.670.630.360.560.49-0.460.19-0.020.8-0.910.720.5-0.43-0.551.00.83-0.430.86
-0.36-0.37-0.070.41-0.5-0.490.880.13-0.17-0.670.00.140.150.34-0.12-0.120.49-0.160.070.50.29-0.4-0.450.2-0.41
0.26-0.37-0.04-0.240.310.38-0.350.130.190.280.120.07-0.03-0.540.010.24-0.120.250.03-0.17-0.420.290.38-0.310.33
-0.53-0.07-0.04-0.05-0.3-0.37-0.25-0.69-0.930.26-0.98-0.960.78-0.410.58-0.780.51-0.24-0.990.00.55-0.54-0.720.65-0.69
0.320.41-0.24-0.050.230.190.20.270.010.040.10.2-0.020.20.280.05-0.290.390.1-0.21-0.070.250.050.070.17
0.87-0.50.31-0.30.230.76-0.590.40.390.610.370.27-0.32-0.090.210.53-0.840.650.29-0.52-0.460.870.68-0.270.73
0.88-0.490.38-0.370.190.76-0.480.440.540.40.390.3-0.470.16-0.020.67-0.850.550.35-0.58-0.520.890.76-0.440.76
-0.390.88-0.35-0.250.2-0.59-0.480.230.09-0.930.190.31-0.040.42-0.490.00.44-0.260.280.610.15-0.41-0.26-0.07-0.27
0.670.130.13-0.690.270.40.440.230.69-0.240.70.68-0.320.29-0.450.8-0.470.440.680.19-0.290.660.7-0.40.73
0.63-0.170.19-0.930.010.390.540.090.69-0.190.950.89-0.830.28-0.620.82-0.640.30.93-0.16-0.710.640.86-0.820.81
0.36-0.670.280.260.040.610.4-0.93-0.24-0.19-0.2-0.280.11-0.430.68-0.09-0.390.32-0.28-0.62-0.080.370.150.220.2
0.560.00.12-0.980.10.370.390.190.70.95-0.20.97-0.780.31-0.540.75-0.560.280.99-0.05-0.610.560.78-0.690.75
0.490.140.07-0.960.20.270.30.310.680.89-0.280.97-0.740.38-0.460.69-0.490.360.970.01-0.590.490.68-0.620.68
-0.460.15-0.030.78-0.02-0.32-0.47-0.04-0.32-0.830.11-0.78-0.74-0.290.51-0.650.53-0.12-0.790.50.79-0.47-0.560.86-0.52
0.190.34-0.54-0.410.2-0.090.160.420.290.28-0.430.310.38-0.29-0.280.31-0.270.050.40.180.140.180.12-0.010.15
-0.02-0.120.010.580.280.21-0.02-0.49-0.45-0.620.68-0.54-0.460.51-0.28-0.510.00.41-0.57-0.260.26-0.05-0.340.65-0.22
0.8-0.120.24-0.780.050.530.670.00.80.82-0.090.750.69-0.650.31-0.51-0.620.430.73-0.17-0.620.810.77-0.70.72
-0.910.49-0.120.51-0.29-0.84-0.850.44-0.47-0.64-0.39-0.56-0.490.53-0.270.0-0.62-0.64-0.520.510.53-0.91-0.840.42-0.87
0.72-0.160.25-0.240.390.650.55-0.260.440.30.320.280.36-0.120.050.410.43-0.640.23-0.25-0.450.710.51-0.120.6
0.50.070.03-0.990.10.290.350.280.680.93-0.280.990.97-0.790.4-0.570.73-0.520.23-0.01-0.560.510.72-0.660.7
-0.430.5-0.170.0-0.21-0.52-0.580.610.19-0.16-0.62-0.050.010.50.18-0.26-0.170.51-0.25-0.010.59-0.42-0.230.4-0.25
-0.550.29-0.420.55-0.07-0.46-0.520.15-0.29-0.71-0.08-0.61-0.590.790.140.26-0.620.53-0.45-0.560.59-0.56-0.590.89-0.55
1.0-0.40.29-0.540.250.870.89-0.410.660.640.370.560.49-0.470.18-0.050.81-0.910.710.51-0.42-0.560.85-0.450.87
0.83-0.450.38-0.720.050.680.76-0.260.70.860.150.780.68-0.560.12-0.340.77-0.840.510.72-0.23-0.590.85-0.60.98
-0.430.2-0.310.650.07-0.27-0.44-0.07-0.4-0.820.22-0.69-0.620.86-0.010.65-0.70.42-0.12-0.660.40.89-0.45-0.6-0.51
0.86-0.410.33-0.690.170.730.76-0.270.730.810.20.750.68-0.520.15-0.220.72-0.870.60.7-0.25-0.550.870.98-0.51
Click cells to compare fundamentals

IF Bancorp Account Relationship Matchups

IF Bancorp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets797.3M857.6M849.0M887.7M1.0B695.6M
Short Long Term Debt Total28M15M19.5M58.2M52.4M35.9M
Other Current Liab(3.2M)13.9M21.5M(3.0M)(3.5M)(3.6M)
Total Current Liabilities3.2M176K1.7M(51.0M)(45.9M)(43.6M)
Total Stockholder Equity85.3M71.7M71.8M73.9M85.0M79.6M
Other Liab7.9M10.2M9.6M7.9M9.0M6.8M
Property Plant And Equipment Net9.8M9.5M11.1M10.6M12.2M7.8M
Net Debt(34.7M)(60.8M)8.5M48.4M43.6M45.8M
Retained Earnings35.6M40.4M43.4M43.9M50.5M41.2M
Accounts Payable199K176K1.7M3.0M3.5M3.6M
Cash62.7M75.8M11.0M9.6M11.0M10.5M
Non Current Assets Total200.7M231.9M213.9M876.1M1.0B1.1B
Non Currrent Assets Other(3.9M)(10.5M)(12.5M)673.5M774.6M813.3M
Other Assets342.1M1.1B624.1M5.5M4.9M4.7M
Long Term Debt25M15M19.5M58.2M67.0M36.8M
Cash And Short Term Investments252.6M298.2M11.0M6.2M7.1M6.8M
Net Receivables1.9M2.0M2.8M3.5M4.0M2.2M
Common Stock Shares Outstanding3.1M3.1M3.2M3.1M2.8M3.0M
Short Term Investments189.9M220.9M201.3M190.5M219.0M140.3M
Liabilities And Stockholders Equity797.3M857.6M849.0M887.7M1.0B695.6M
Non Current Liabilities Total25M15M19.5M808.4M929.7M976.2M
Inventory(38.8M)(67.1M)120K(17.8M)(16.0M)(16.9M)
Other Current Assets67.1M325.4M15.1M(3.5M)(3.1M)(3.0M)
Total Liab712.0M785.9M777.2M813.8M935.9M616.0M
Property Plant And Equipment Gross9.8M18.2M20.3M19.8M22.7M23.9M
Total Current Assets254.5M625.7M11.0M6.2M5.6M5.3M
Accumulated Other Comprehensive Income1.9M(17.3M)(21.6M)(21.9M)(19.7M)(18.7M)
Intangible Assets1.0M1.5M1.5M1.5M1.7M1.8M
Property Plant Equipment10.2M9.8M9.5M11.1M12.8M7.5M
Net Tangible Assets82.6M85.3M71.7M71.8M64.6M65.0M
Other Stockholder Equity49.6M50.3M51.5M51.9M59.7M51.3M
Long Term Investments189.9M220.9M201.3M190.5M171.4M176.8M

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

  0.61BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against IROQ Stock

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  0.8TFC-PO Truist Financial Normal TradingPairCorr
  0.79TFC-PR Truist Financial Normal TradingPairCorr
  0.68WF Woori Financial GroupPairCorr
  0.63NU Nu Holdings Aggressive PushPairCorr
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.
Pair CorrelationCorrelation Matching

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.