Ithaca Common Stock vs Non Currrent Assets Other Analysis

ITH Stock   143.00  0.80  0.56%   
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 Common Stock and its Non Currrent Assets Other 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.

Common Stock vs Non Currrent Assets Other

Common Stock vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ithaca Energy PLC Common Stock account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ithaca Energy's Common Stock and Non Currrent Assets Other is -0.18. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Currrent Assets Other 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 Common Stock and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Ithaca Energy PLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock i.e., Ithaca Energy's Common Stock and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 41.4 M, whereas Tax Provision is forecasted to decline to about 94.4 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.2B1.0B1.2B1.2B
Total Revenue2.6B2.3B2.7B2.8B

Ithaca Energy fundamental ratios Correlations

0.790.840.731.00.570.69-0.580.71.00.53-0.270.650.160.90.87-0.480.890.820.790.960.78-0.830.590.910.83
0.790.620.910.790.250.89-0.510.940.770.5-0.520.920.370.730.56-0.210.770.870.440.670.89-0.680.30.640.71
0.840.620.610.850.310.63-0.490.680.820.37-0.220.660.130.710.68-0.290.870.770.60.810.78-0.720.330.660.95
0.730.910.610.720.10.99-0.410.930.70.66-0.710.910.10.70.53-0.240.770.940.360.580.94-0.60.130.520.78
1.00.790.850.720.570.69-0.580.710.990.47-0.250.670.190.90.86-0.430.90.820.790.960.79-0.850.60.910.82
0.570.250.310.10.570.01-0.390.00.620.29-0.07-0.060.060.720.66-0.610.520.260.780.750.18-0.590.970.80.14
0.690.890.630.990.690.01-0.390.950.660.6-0.680.940.110.650.48-0.170.740.940.30.530.95-0.580.050.460.8
-0.58-0.51-0.49-0.41-0.58-0.39-0.39-0.43-0.6-0.110.27-0.410.17-0.69-0.630.18-0.69-0.49-0.69-0.61-0.370.75-0.51-0.67-0.53
0.70.940.680.930.710.00.95-0.430.660.46-0.541.00.340.60.45-0.10.740.880.260.540.93-0.570.060.460.81
1.00.770.820.70.990.620.66-0.60.660.53-0.260.610.130.910.89-0.510.890.80.820.970.75-0.840.630.930.8
0.530.50.370.660.470.290.6-0.110.460.53-0.520.41-0.060.490.5-0.640.50.550.220.470.58-0.180.140.360.46
-0.27-0.52-0.22-0.71-0.25-0.07-0.680.27-0.54-0.26-0.52-0.540.28-0.49-0.210.09-0.52-0.67-0.21-0.22-0.630.39-0.09-0.23-0.4
0.650.920.660.910.67-0.060.94-0.411.00.610.41-0.540.330.550.4-0.010.70.860.220.490.91-0.550.010.410.78
0.160.370.130.10.190.060.110.170.340.13-0.060.280.33-0.04-0.09-0.10.010.05-0.220.110.20.070.060.050.03
0.90.730.710.70.90.720.65-0.690.60.910.49-0.490.55-0.040.85-0.490.940.830.890.930.74-0.930.760.940.7
0.870.560.680.530.860.660.48-0.630.450.890.5-0.210.4-0.090.85-0.570.820.650.810.90.53-0.750.670.880.66
-0.48-0.21-0.29-0.24-0.43-0.61-0.170.18-0.1-0.51-0.640.09-0.01-0.1-0.49-0.57-0.42-0.25-0.37-0.55-0.230.22-0.51-0.51-0.27
0.890.770.870.770.90.520.74-0.690.740.890.5-0.520.70.010.940.82-0.420.90.770.890.84-0.90.570.840.87
0.820.870.770.940.820.260.94-0.490.880.80.55-0.670.860.050.830.65-0.250.90.560.730.97-0.790.310.670.87
0.790.440.60.360.790.780.3-0.690.260.820.22-0.210.22-0.220.890.81-0.370.770.560.880.43-0.90.830.940.52
0.960.670.810.580.960.750.53-0.610.540.970.47-0.220.490.110.930.9-0.550.890.730.880.67-0.860.760.960.73
0.780.890.780.940.790.180.95-0.370.930.750.58-0.630.910.20.740.53-0.230.840.970.430.67-0.680.210.570.86
-0.83-0.68-0.72-0.6-0.85-0.59-0.580.75-0.57-0.84-0.180.39-0.550.07-0.93-0.750.22-0.9-0.79-0.9-0.86-0.68-0.7-0.9-0.7
0.590.30.330.130.60.970.05-0.510.060.630.14-0.090.010.060.760.67-0.510.570.310.830.760.21-0.70.850.18
0.910.640.660.520.910.80.46-0.670.460.930.36-0.230.410.050.940.88-0.510.840.670.940.960.57-0.90.850.6
0.830.710.950.780.820.140.8-0.530.810.80.46-0.40.780.030.70.66-0.270.870.870.520.730.86-0.70.180.6
Click cells to compare fundamentals

Ithaca Energy Account Relationship Matchups

Ithaca Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.3B4.7B6.8B6.2B7.2B3.7B
Other Current Liab373.6M101.0M1.1B666.5M766.4M804.7M
Total Current Liabilities407.4M1.5B1.3B1.1B1.2B627.8M
Total Stockholder Equity542.5M676.5M2.5B2.4B2.8B3.0B
Property Plant And Equipment Net2.7B3.1B4.4B3.8B4.4B2.3B
Net Debt1.8B1.4B1.0B615.5M707.8M992.3M
Retained Earnings(250.5M)175.5M1.9B1.9B2.2B2.3B
Accounts Payable17.8M13.9M14.9M34.6M31.1M29.5M
Cash1.2M44.8M253.8M153.2M176.2M185.0M
Non Current Assets Total4.0B4.2B5.8B5.4B6.2B3.2B
Non Currrent Assets Other2.9M532K183.9M810.6M932.2M978.8M
Cash And Short Term Investments1.2M44.8M253.8M156.5M180.0M189.0M
Net Receivables92.8M18.9M556.4M20.0M23.0M21.8M
Inventory106.7M177.6M176.9M150.5M173.1M181.7M
Other Current Assets176.2M319.5M526.1M521.9M600.2M630.2M
Other Stockholder Equity793.0M634.7M293.7M537.8M618.4M336.1M
Total Liab3.7B4.1B4.3B3.8B4.4B2.5B
Total Current Assets284.1M560.9M988.7M845.6M972.4M1.0B
Short Long Term Debt Total1.8B1.4B1.3B768.7M884.0M1.1B
Liabilities And Stockholders Equity4.3B4.7B6.8B6.2B7.2B4.0B
Non Current Liabilities Total3.3B2.5B3.1B2.7B3.1B2.1B
Accumulated Other Comprehensive Income44.3M(133.7M)206.9M241.3M277.5M291.4M
Short Term Debt6.1M483.7M41.6M49.8M57.3M54.4M

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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.