IG Petrochemicals Gross Profit vs. Total Debt
| IGPL Stock | 570.25 1.95 0.34% |
Gross Profit | First Reported 2012-06-30 | Previous Quarter 929.9 M | Current Value 1.4 B | Quarterly Volatility 482.4 M |
For IG Petrochemicals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IG Petrochemicals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well IG Petrochemicals Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IG Petrochemicals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of IG Petrochemicals Limited over time as well as its relative position and ranking within its peers.
IGPL |
IG Petrochemicals Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IG Petrochemicals's current stock value. Our valuation model uses many indicators to compare IG Petrochemicals value to that of its competitors to determine the firm's financial worth. IG Petrochemicals Limited is rated second overall in gross profit category among its peers. It is rated fifth overall in total debt category among its peers making up about 0.60 of Total Debt per Gross Profit. The ratio of Gross Profit to Total Debt for IG Petrochemicals Limited is roughly 1.66 . At this time, IG Petrochemicals' Gross Profit is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IG Petrochemicals' earnings, one of the primary drivers of an investment's value.IGPL Total Debt vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
IG Petrochemicals |
| = | 6.12 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
IG Petrochemicals |
| = | 3.68 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
IGPL Total Debt vs Competition
IG Petrochemicals Limited is rated fifth overall in total debt category among its peers. Total debt of Materials industry is currently estimated at about 389.41 Billion. IG Petrochemicals maintains roughly 3.68 Billion in total debt contributing less than 1% to all equities under Materials industry.
IG Petrochemicals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IG Petrochemicals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IG Petrochemicals will eventually generate negative long term returns. The profitability progress is the general direction of IG Petrochemicals' change in net profit over the period of time. It can combine multiple indicators of IG Petrochemicals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 836.7 M | 878.5 M | |
| Operating Income | 838.2 M | 1.2 B | |
| Income Before Tax | 534.1 M | 1.1 B | |
| Total Other Income Expense Net | -304.1 M | -319.3 M | |
| Net Income | 395.1 M | 375.4 M | |
| Income Tax Expense | 139 M | 132 M | |
| Net Income From Continuing Ops | 395.1 M | 375.4 M | |
| Net Income Applicable To Common Shares | 2.3 B | 1.2 B | |
| Interest Income | 275 M | 288.8 M | |
| Net Interest Income | -304.1 M | -288.9 M | |
| Change To Netincome | 102 M | 162.3 M |
IGPL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IG Petrochemicals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of IG Petrochemicals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the IG Petrochemicals' important profitability drivers and their relationship over time.
Use IG Petrochemicals in pair-trading
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 IG Petrochemicals 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 IG Petrochemicals will appreciate offsetting losses from the drop in the long position's value.IG Petrochemicals Pair Trading
IG Petrochemicals Limited Pair Trading Analysis
The ability to find closely correlated positions to IG Petrochemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IG Petrochemicals 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 IG Petrochemicals - 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 IG Petrochemicals Limited to buy it.
The correlation of IG Petrochemicals 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 IG Petrochemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IG Petrochemicals 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 IG Petrochemicals 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.Use Investing Themes to Complement your IG Petrochemicals position
In addition to having IG Petrochemicals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for IGPL Stock Analysis
When running IG Petrochemicals' price analysis, check to measure IG Petrochemicals' 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 IG Petrochemicals is operating at the current time. Most of IG Petrochemicals' value examination focuses on studying past and present price action to predict the probability of IG Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IG Petrochemicals' price. Additionally, you may evaluate how the addition of IG Petrochemicals to your portfolios can decrease your overall portfolio volatility.