Ithaca Cash vs Common Stock Analysis

ITH Stock

104.00 0.60 0.58%

Ithaca Energy financial indicator trend analysis is infinitely more than just investigating Ithaca Energy PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ithaca Energy PLC is a good investment. Please check the relationship between Ithaca Energy Cash and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ithaca Energy PLC. 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.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ithaca Energy PLC Cash account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ithaca Energy's Cash and Common Stock is -0.52. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Ithaca Energy PLC, assuming nothing else is changed. The correlation between historical values of Ithaca Energy's Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ithaca Energy PLC are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Ithaca Energy's Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Ithaca Energy PLC, which is listed under current asset account on Ithaca Energy PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ithaca Energy customers. The amounts must be unrestricted with restricted cash listed in a different Ithaca Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock

Most indicators from Ithaca Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ithaca Energy PLC 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 Ithaca Energy PLC. 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.

The current year's Selling General Administrative is expected to grow to about 36 M

	2021	2022	2023	2024 (projected)
Gross Profit	549.1M	1.2B	1.0B	1.1B
Total Revenue	1.4B	2.6B	2.3B	2.4B

Gross Profit Total Revenue

Ithaca Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Liabilities Total	Current Deferred Revenue
Total Assets		0.8	0.81	0.69	0.99	0.67	0.63	-0.57	0.65	1.0	0.44	-0.3	0.6	0.3	0.9	0.85	-0.5	0.94	0.81	0.77	0.96	0.82	-0.82	0.69	0.91	0.77
Other Current Liab	0.8		0.59	0.77	0.81	0.27	0.75	-0.44	0.86	0.77	0.29	-0.23	0.84	0.63	0.6	0.52	-0.18	0.68	0.73	0.37	0.65	0.84	-0.58	0.32	0.61	0.63
Total Current Liabilities	0.81	0.59		0.55	0.82	0.35	0.57	-0.46	0.65	0.78	0.26	-0.23	0.62	0.23	0.67	0.62	-0.27	0.91	0.76	0.54	0.78	0.84	-0.69	0.37	0.61	0.92
Total Stockholder Equity	0.69	0.77	0.55		0.68	0.13	0.99	-0.36	0.92	0.65	0.56	-0.75	0.9	0.27	0.67	0.45	-0.23	0.57	0.91	0.26	0.52	0.79	-0.55	0.16	0.46	0.75
Property Plant And Equipment Net	0.99	0.81	0.82	0.68		0.66	0.63	-0.56	0.67	0.99	0.37	-0.28	0.62	0.32	0.9	0.83	-0.43	0.94	0.82	0.77	0.96	0.83	-0.84	0.69	0.91	0.77
Net Debt	0.67	0.27	0.35	0.13	0.66		0.02	-0.4	0.0	0.71	0.32	-0.05	-0.07	0.06	0.75	0.73	-0.62	0.6	0.32	0.83	0.82	0.2	-0.62	0.97	0.86	0.16
Retained Earnings	0.63	0.75	0.57	0.99	0.63	0.02		-0.33	0.94	0.59	0.48	-0.74	0.93	0.27	0.6	0.38	-0.14	0.54	0.91	0.19	0.45	0.8	-0.52	0.07	0.38	0.77
Accounts Payable	-0.57	-0.44	-0.46	-0.36	-0.56	-0.4	-0.33		-0.38	-0.59	-0.03	0.28	-0.36	0.13	-0.68	-0.62	0.17	-0.66	-0.46	-0.68	-0.59	-0.27	0.74	-0.52	-0.66	-0.5
Cash	0.65	0.86	0.65	0.92	0.67	0.0	0.94	-0.38		0.6	0.34	-0.53	0.99	0.49	0.54	0.37	-0.07	0.6	0.85	0.16	0.47	0.85	-0.52	0.07	0.39	0.77
Non Current Assets Total	1.0	0.77	0.78	0.65	0.99	0.71	0.59	-0.59	0.6		0.44	-0.29	0.55	0.26	0.92	0.88	-0.53	0.94	0.78	0.8	0.98	0.77	-0.83	0.73	0.93	0.74
Non Currrent Assets Other	0.44	0.29	0.26	0.56	0.37	0.32	0.48	-0.03	0.34	0.44		-0.53	0.27	0.03	0.42	0.43	-0.66	0.29	0.42	0.12	0.4	0.34	-0.07	0.15	0.27	0.36
Other Assets	-0.3	-0.23	-0.23	-0.75	-0.28	-0.05	-0.74	0.28	-0.53	-0.29	-0.53		-0.52	0.31	-0.54	-0.21	0.1	-0.24	-0.69	-0.22	-0.23	-0.31	0.43	-0.06	-0.22	-0.47
Cash And Short Term Investments	0.6	0.84	0.62	0.9	0.62	-0.07	0.93	-0.36	0.99	0.55	0.27	-0.52		0.47	0.49	0.31	0.03	0.55	0.83	0.12	0.41	0.83	-0.49	0.01	0.33	0.75
Net Receivables	0.3	0.63	0.23	0.27	0.32	0.06	0.27	0.13	0.49	0.26	0.03	0.31	0.47		0.0	-0.01	-0.12	0.18	0.19	-0.17	0.2	0.52	0.02	0.05	0.12	0.11
Good Will	0.9	0.6	0.67	0.67	0.9	0.75	0.6	-0.68	0.54	0.92	0.42	-0.54	0.49	0.0		0.83	-0.49	0.86	0.82	0.87	0.92	0.61	-0.92	0.79	0.93	0.68
Common Stock Shares Outstanding	0.85	0.52	0.62	0.45	0.83	0.73	0.38	-0.62	0.37	0.88	0.43	-0.21	0.31	-0.01	0.83		-0.58	0.85	0.6	0.79	0.88	0.49	-0.73	0.73	0.87	0.58
Short Term Investments	-0.5	-0.18	-0.27	-0.23	-0.43	-0.62	-0.14	0.17	-0.07	-0.53	-0.66	0.1	0.03	-0.12	-0.49	-0.58		-0.44	-0.24	-0.36	-0.56	-0.21	0.2	-0.52	-0.51	-0.25
Inventory	0.94	0.68	0.91	0.57	0.94	0.6	0.54	-0.66	0.6	0.94	0.29	-0.24	0.55	0.18	0.86	0.85	-0.44		0.78	0.78	0.94	0.77	-0.86	0.64	0.86	0.84
Other Current Assets	0.81	0.73	0.76	0.91	0.82	0.32	0.91	-0.46	0.85	0.78	0.42	-0.69	0.83	0.19	0.82	0.6	-0.24	0.78		0.52	0.71	0.85	-0.78	0.37	0.65	0.86
Other Stockholder Equity	0.77	0.37	0.54	0.26	0.77	0.83	0.19	-0.68	0.16	0.8	0.12	-0.22	0.12	-0.17	0.87	0.79	-0.36	0.78	0.52		0.87	0.35	-0.89	0.88	0.93	0.45
Total Liab	0.96	0.65	0.78	0.52	0.96	0.82	0.45	-0.59	0.47	0.98	0.4	-0.23	0.41	0.2	0.92	0.88	-0.56	0.94	0.71	0.87		0.68	-0.85	0.82	0.96	0.67
Total Current Assets	0.82	0.84	0.84	0.79	0.83	0.2	0.8	-0.27	0.85	0.77	0.34	-0.31	0.83	0.52	0.61	0.49	-0.21	0.77	0.85	0.35	0.68		-0.59	0.22	0.55	0.86
Common Stock	-0.82	-0.58	-0.69	-0.55	-0.84	-0.62	-0.52	0.74	-0.52	-0.83	-0.07	0.43	-0.49	0.02	-0.92	-0.73	0.2	-0.86	-0.78	-0.89	-0.85	-0.59		-0.74	-0.89	-0.67
Short Long Term Debt Total	0.69	0.32	0.37	0.16	0.69	0.97	0.07	-0.52	0.07	0.73	0.15	-0.06	0.01	0.05	0.79	0.73	-0.52	0.64	0.37	0.88	0.82	0.22	-0.74		0.9	0.19
Non Current Liabilities Total	0.91	0.61	0.61	0.46	0.91	0.86	0.38	-0.66	0.39	0.93	0.27	-0.22	0.33	0.12	0.93	0.87	-0.51	0.86	0.65	0.93	0.96	0.55	-0.89	0.9		0.53
Current Deferred Revenue	0.77	0.63	0.92	0.75	0.77	0.16	0.77	-0.5	0.77	0.74	0.36	-0.47	0.75	0.11	0.68	0.58	-0.25	0.84	0.86	0.45	0.67	0.86	-0.67	0.19	0.53

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Ithaca Energy Account Relationship Matchups

Ithaca Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0B	4.3B	4.7B	6.8B	6.2B	3.7B
Other Current Liab	327.5M	373.6M	101.0M	1.1B	666.5M	339.2M
Total Current Liabilities	431.5M	407.4M	1.5B	1.3B	1.1B	627.8M
Total Stockholder Equity	981.1M	542.5M	676.5M	2.5B	2.4B	2.6B
Property Plant And Equipment Net	3.2B	2.7B	3.1B	4.4B	3.8B	2.3B
Net Debt	2.2B	1.8B	1.4B	1.0B	615.5M	992.3M
Retained Earnings	205.2M	(250.5M)	175.5M	1.9B	1.9B	2.0B
Accounts Payable	23.7M	17.8M	13.9M	14.9M	34.6M	32.8M
Cash	15.1M	1.2M	44.8M	253.8M	153.2M	160.9M
Non Current Assets Total	4.7B	4.0B	4.2B	5.8B	5.4B	3.2B
Non Currrent Assets Other	3.9M	2.9M	532K	183.9M	810.6M	851.1M
Cash And Short Term Investments	15.1M	1.2M	44.8M	253.8M	156.5M	164.4M
Net Receivables	97.8M	92.8M	18.9M	556.4M	20.0M	19.0M
Inventory	100.1M	106.7M	177.6M	176.9M	150.5M	82.5M
Other Current Assets	223.7M	176.2M	319.5M	526.1M	521.9M	548.0M
Other Stockholder Equity	775.9M	793.0M	634.7M	293.7M	537.8M	336.1M
Total Liab	4.0B	3.7B	4.1B	4.3B	3.8B	2.5B
Total Current Assets	338.9M	284.1M	560.9M	988.7M	845.6M	474.4M
Short Long Term Debt Total	2.3B	1.8B	1.4B	1.3B	768.7M	1.1B
Liabilities And Stockholders Equity	5.0B	4.3B	4.7B	6.8B	6.2B	4.0B
Non Current Liabilities Total	3.6B	3.3B	2.5B	3.1B	2.7B	2.1B
Accumulated Other Comprehensive Income	27.2M	44.3M	(133.7M)	206.9M	241.3M	253.4M

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Other Information on Investing in Ithaca Stock

Balance Sheet is a snapshot of the financial position of Ithaca Energy PLC at a specified time, usually calculated after every quarter, six months, or one year. Ithaca Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ithaca Energy 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 Ithaca currently owns. An asset can also be divided into two categories, current and non-current.

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Ithaca Cash vs Common Stock Analysis

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

Correlation Coefficient

Cash

Common Stock

Ithaca Energy fundamental ratios Correlations

Ithaca Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ithaca Energy fundamental ratios Accounts

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Other Information on Investing in Ithaca Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.98	Non Current Assets Total

Common Stock	- 0.92	Good Will
Non Current Liabilities Total	- 0.89	Common Stock
Common Stock	- 0.89	Other Stockholder Equity
Common Stock	- 0.86	Inventory
Common Stock	- 0.85	Total Liab
Common Stock	- 0.84	Property Plant And Equipment Net