Itron Property Plant Equipment vs Good Will Analysis

ITRI Stock  USD 118.53  0.76  0.64%   
Itron financial indicator trend analysis is infinitely more than just investigating Itron Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Itron Inc is a good investment. Please check the relationship between Itron Property Plant Equipment and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. 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.

Property Plant Equipment vs Good Will

Property Plant Equipment vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Itron Inc Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Itron's Property Plant Equipment and Good Will is 0.58. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will in the same time period over historical financial statements of Itron Inc, assuming nothing else is changed. The correlation between historical values of Itron's Property Plant Equipment and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Itron Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant Equipment i.e., Itron's Property Plant Equipment and Good Will go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Itron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Itron Inc 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 Itron Inc. 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.
As of now, Itron's Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit573.2M522.2M713.9M441.3M
Total Revenue2.0B1.8B2.2B1.4B

Itron fundamental ratios Correlations

0.820.490.940.610.810.7-0.740.870.50.99-0.110.50.790.880.880.690.730.050.920.370.940.430.440.670.87
0.820.240.810.260.720.98-0.450.80.30.85-0.310.30.710.490.990.490.650.010.960.220.680.440.50.350.46
0.490.240.620.240.520.22-0.510.530.170.38-0.210.170.680.640.350.390.260.130.450.150.670.54-0.280.30.48
0.940.810.620.440.860.73-0.730.940.330.9-0.190.330.920.860.870.630.610.060.940.250.940.570.440.540.79
0.610.260.240.440.410.12-0.670.350.880.620.220.880.280.690.320.840.740.060.370.790.55-0.020.140.960.75
0.810.720.520.860.410.67-0.60.830.230.780.080.230.890.750.770.480.580.20.820.190.810.70.480.430.62
0.70.980.220.730.120.67-0.340.760.160.73-0.380.160.680.350.950.390.540.030.90.120.560.510.440.210.29
-0.74-0.45-0.51-0.73-0.67-0.6-0.34-0.56-0.55-0.72-0.12-0.55-0.57-0.88-0.53-0.68-0.670.1-0.61-0.35-0.72-0.11-0.28-0.8-0.88
0.870.80.530.940.350.830.76-0.560.220.83-0.330.220.920.740.840.580.450.140.90.140.860.650.410.410.65
0.50.30.170.330.880.230.16-0.550.220.490.141.00.170.510.340.870.82-0.080.350.90.48-0.29-0.020.90.57
0.990.850.380.90.620.780.73-0.720.830.49-0.130.490.720.820.890.650.730.050.920.350.860.40.490.660.84
-0.11-0.31-0.21-0.190.220.08-0.38-0.12-0.330.14-0.130.14-0.240.05-0.28-0.010.210.11-0.260.2-0.06-0.20.110.160.1
0.50.30.170.330.880.230.16-0.550.221.00.490.140.170.510.340.870.82-0.080.350.90.48-0.29-0.020.90.57
0.790.710.680.920.280.890.68-0.570.920.170.72-0.240.170.760.780.510.450.060.850.140.870.690.360.370.6
0.880.490.640.860.690.750.35-0.880.740.510.820.050.510.760.60.680.610.010.70.340.920.330.280.750.96
0.880.990.350.870.320.770.95-0.530.840.340.89-0.280.340.780.60.540.680.010.990.250.770.470.460.420.56
0.690.490.390.630.840.480.39-0.680.580.870.65-0.010.870.510.680.540.810.010.590.830.690.080.10.90.68
0.730.650.260.610.740.580.54-0.670.450.820.730.210.820.450.610.680.81-0.180.680.760.650.040.290.820.64
0.050.010.130.060.060.20.030.10.14-0.080.050.11-0.080.060.010.010.01-0.180.030.020.050.4-0.05-0.06-0.04
0.920.960.450.940.370.820.9-0.610.90.350.92-0.260.350.850.70.990.590.680.030.260.850.520.470.470.65
0.370.220.150.250.790.190.12-0.350.140.90.350.20.90.140.340.250.830.760.020.260.38-0.150.010.790.38
0.940.680.670.940.550.810.56-0.720.860.480.86-0.060.480.870.920.770.690.650.050.850.380.450.290.620.85
0.430.440.540.57-0.020.70.51-0.110.65-0.290.4-0.2-0.290.690.330.470.080.040.40.52-0.150.450.17-0.080.16
0.440.5-0.280.440.140.480.44-0.280.41-0.020.490.11-0.020.360.280.460.10.29-0.050.470.010.290.170.190.33
0.670.350.30.540.960.430.21-0.80.410.90.660.160.90.370.750.420.90.82-0.060.470.790.62-0.080.190.8
0.870.460.480.790.750.620.29-0.880.650.570.840.10.570.60.960.560.680.64-0.040.650.380.850.160.330.8
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Itron Account Relationship Matchups

Itron fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.6B2.4B2.4B2.6B1.6B
Short Long Term Debt Total1.1B987.8M576.0M515.1M502.5M463.4M
Other Current Liab102.3M187.2M99.7M134.5M189.9M116.4M
Total Current Liabilities671.4M549.9M501.3M498.6M537.2M340.4M
Total Stockholder Equity776.5M816.5M1.1B1.2B1.3B1.4B
Property Plant And Equipment Net313.0M284.1M228.7M192.9M170.0M175.1M
Net Debt851.5M780.8M345.0M313.1M200.4M346.7M
Retained Earnings(376.4M)(434.3M)(515.6M)(525.3M)(428.4M)(407.0M)
Accounts Payable328.1M215.6M193.1M237.2M199.5M150.1M
Cash149.9M206.9M162.6M202.0M302.0M317.2M
Non Current Assets Total1.7B1.7B1.6B1.5B1.6B997.7M
Non Currrent Assets Other41.8M51.7M42.2M39.9M38.8M40.8M
Cash And Short Term Investments149.9M206.9M162.6M202.0M302.0M317.2M
Net Receivables472.9M369.8M298.5M280.4M303.8M245.9M
Common Stock Shares Outstanding40.0M40.3M44.3M45.1M45.8M32.4M
Liabilities And Stockholders Equity2.7B2.6B2.4B2.4B2.6B1.6B
Non Current Liabilities Total1.2B1.2B749.7M688.0M735.6M578.6M
Inventory227.9M182.4M165.8M228.7M283.7M297.9M
Other Current Assets146.5M171.1M123.1M118.4M159.9M167.9M
Other Stockholder Equity24.6M24.2M26.7M(94.7M)(1.0)(0.95)
Total Liab1.9B1.8B1.3B1.2B1.3B919.0M
Property Plant And Equipment Gross313.0M284.1M228.7M192.9M644.1M676.3M
Total Current Assets997.3M930.3M749.9M829.6M1.0B570.9M
Intangible Assets185.1M133.0M92.5M64.9M46.3M44.0M
Accumulated Other Comprehensive Income(204.7M)(138.5M)(148.1M)(94.7M)(81.2M)(85.2M)
Short Term Debt141.4M18.4M125.7M16.0M14.7M13.9M
Common Stock Total Equity1.3B1.4B1.4B1.8B2.0B2.1B
Common Stock1.4B1.4B1.8B1.8B1.8B1.1B
Other Liab234.2M247.5M242.1M191.1M219.7M156.2M
Other Assets108.6M204.1M223.7M251.9M1.00.95
Long Term Debt932.5M902.6M450.2M452.5M454.8M542.3M
Property Plant Equipment233.2M207.8M228.7M192.9M221.9M203.8M
Current Deferred Revenue99.6M112.9M82.8M95.6M124.2M130.4M
Good Will1.1B1.1B1.1B1.0B1.1B798.4M
Net Tangible Assets(512.5M)(448.3M)(75.4M)64.8M58.3M61.2M
Noncontrolling Interest In Consolidated Entity21.4M24.3M23.7M26.7M30.7M18.7M
Retained Earnings Total Equity(425.4M)(376.4M)(434.3M)(515.6M)(464.0M)(487.2M)
Long Term Debt Total988.2M932.5M902.6M450.2M517.8M585.1M

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When determining whether Itron Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Itron Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itron Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. 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.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Itron. If investors know Itron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Itron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.954
Earnings Share
4.87
Revenue Per Share
52.896
Quarterly Revenue Growth
0.098
Return On Assets
0.0544
The market value of Itron Inc is measured differently than its book value, which is the value of Itron that is recorded on the company's balance sheet. Investors also form their own opinion of Itron's value that differs from its market value or its book value, called intrinsic value, which is Itron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Itron's market value can be influenced by many factors that don't directly affect Itron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.