Ingersoll Other Current Assets from 2010 to 2024

IR Stock  USD 89.57  1.31  1.44%   
Ingersoll Rand Other Current Assets yearly trend continues to be relatively stable with very little volatility. Other Current Assets are likely to grow to about 280.5 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2000-03-31
Previous Quarter
236.9 M
Current Value
219.6 M
Quarterly Volatility
451.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ingersoll Rand financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ingersoll main balance sheet or income statement drivers, such as Interest Expense of 164.5 M, Selling General Administrative of 2 B or Total Revenue of 6.5 B, as well as many exotic indicators such as Price To Sales Ratio of 5.16, Dividend Yield of 0.001 or PTB Ratio of 3.04. Ingersoll financial statements analysis is a perfect complement when working with Ingersoll Rand Valuation or Volatility modules.
  
This module can also supplement Ingersoll Rand's financial leverage analysis and stock options assessment as well as various Ingersoll Rand Technical models . Check out the analysis of Ingersoll Rand Correlation against competitors.
To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.

Latest Ingersoll Rand's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Ingersoll Rand over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Ingersoll Rand's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ingersoll Rand's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Ingersoll Other Current Assets Regression Statistics

Arithmetic Mean211,558,420
Geometric Mean153,883,811
Coefficient Of Variation86.57
Mean Deviation113,574,237
Median201,000,000
Standard Deviation183,145,244
Sample Variance33542.2T
Range736.9M
R-Value(0.40)
Mean Square Error30455.9T
R-Squared0.16
Significance0.14
Slope(16,219,835)
Total Sum of Squares469590.5T

Ingersoll Other Current Assets History

2024280.5 M
2023219.6 M
2022206.9 M
2021186.9 M
2020201 M
201976.8 M
201860.7 M

About Ingersoll Rand Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ingersoll Rand income statement, its balance sheet, and the statement of cash flows. Ingersoll Rand investors use historical funamental indicators, such as Ingersoll Rand's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Ingersoll Rand investors may use each financial statement separately, they are all related. The changes in Ingersoll Rand's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ingersoll Rand's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ingersoll Rand Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ingersoll Rand. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets219.6 M280.5 M

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When determining whether Ingersoll Rand is a strong investment it is important to analyze Ingersoll Rand's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ingersoll Rand's future performance. For an informed investment choice regarding Ingersoll Stock, refer to the following important reports:
Check out the analysis of Ingersoll Rand Correlation against competitors.
To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.
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.

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When running Ingersoll Rand's price analysis, check to measure Ingersoll Rand'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 Ingersoll Rand is operating at the current time. Most of Ingersoll Rand's value examination focuses on studying past and present price action to predict the probability of Ingersoll Rand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingersoll Rand's price. Additionally, you may evaluate how the addition of Ingersoll Rand to your portfolios can decrease your overall portfolio volatility.
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Is Ingersoll Rand's industry 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 Ingersoll Rand. If investors know Ingersoll 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 Ingersoll Rand 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
0.046
Dividend Share
0.08
Earnings Share
1.9
Revenue Per Share
16.986
Quarterly Revenue Growth
0.122
The market value of Ingersoll Rand is measured differently than its book value, which is the value of Ingersoll that is recorded on the company's balance sheet. Investors also form their own opinion of Ingersoll Rand's value that differs from its market value or its book value, called intrinsic value, which is Ingersoll Rand'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 Ingersoll Rand's market value can be influenced by many factors that don't directly affect Ingersoll Rand'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 Ingersoll Rand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingersoll Rand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingersoll Rand'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.