IDEX Long Term Debt vs Property Plant Equipment Analysis
IEX Stock | USD 220.66 2.62 1.17% |
IDEX financial indicator trend analysis is infinitely more than just investigating IDEX recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDEX is a good investment. Please check the relationship between IDEX Long Term Debt and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Long Term Debt vs Property Plant Equipment
Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDEX Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IDEX's Long Term Debt and Property Plant Equipment is 0.92. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of IDEX Corporation, assuming nothing else is changed. The correlation between historical values of IDEX's Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of IDEX Corporation are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., IDEX's Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that IDEX has held for over one year. Long-term debt appears on IDEX Corporation balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on IDEX Corporation balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Property Plant Equipment
Most indicators from IDEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDEX 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 IDEX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Enterprise Value is likely to rise to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 374.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.4B | 1.4B | 1.5B | Total Revenue | 2.8B | 3.2B | 3.3B | 3.4B |
IDEX fundamental ratios Correlations
Click cells to compare fundamentals
IDEX Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IDEX fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.4B | 4.9B | 5.5B | 5.9B | 6.2B | |
Short Long Term Debt Total | 849.3M | 1.0B | 1.2B | 1.5B | 1.3B | 1.4B | |
Total Current Liabilities | 357.9M | 399.1M | 480M | 543.6M | 500.3M | 525.3M | |
Total Stockholder Equity | 2.3B | 2.5B | 2.8B | 3.0B | 3.5B | 3.7B | |
Property Plant And Equipment Net | 280.3M | 298.3M | 327.3M | 382.1M | 430.3M | 451.8M | |
Net Debt | 216.7M | 18.6M | 334.9M | 1.1B | 791.4M | 831.0M | |
Retained Earnings | 2.6B | 2.8B | 3.1B | 3.5B | 3.9B | 4.1B | |
Cash | 632.6M | 1.0B | 855.4M | 430.2M | 534.3M | 561.0M | |
Non Current Assets Total | 2.6B | 2.8B | 3.2B | 4.1B | 4.4B | 4.6B | |
Non Currrent Assets Other | 104.4M | 147.8M | 146.9M | (119.9M) | 138.5M | 145.4M | |
Cash And Short Term Investments | 632.6M | 1.0B | 855.4M | 430.2M | 534.3M | 561.0M | |
Net Receivables | 298.2M | 293.1M | 356.4M | 442.8M | 427.8M | 449.2M | |
Common Stock Shares Outstanding | 77.6M | 76.5M | 76.4M | 76M | 75.9M | 82.3M | |
Liabilities And Stockholders Equity | 3.8B | 4.4B | 4.9B | 5.5B | 5.9B | 6.2B | |
Non Current Liabilities Total | 1.2B | 1.5B | 1.6B | 1.9B | 1.8B | 1.9B | |
Inventory | 293.5M | 289.9M | 370.4M | 470.9M | 420.8M | 441.8M | |
Other Current Assets | 37.2M | 48.3M | 95.8M | 55.4M | 63.4M | 66.6M | |
Other Stockholder Equity | (225.5M) | (288.7M) | (254.7M) | (367.1M) | (348M) | (330.6M) | |
Total Liab | 1.6B | 1.9B | 2.1B | 2.5B | 2.3B | 2.4B | |
Total Current Assets | 1.3B | 1.7B | 1.7B | 1.4B | 1.4B | 1.5B | |
Intangible Assets | 388.0M | 415.6M | 597.3M | 947.8M | 3.9B | 4.0B | |
Other Current Liab | 201.4M | 218.6M | 234.6M | 268.4M | 264.1M | 277.3M | |
Accounts Payable | 138.5M | 152.0M | 178.8M | 208.9M | 179.7M | 98.3M | |
Property Plant And Equipment Gross | 280.3M | 298.3M | 832M | 898.8M | 976M | 1.0B | |
Accumulated Other Comprehensive Income | (127.3M) | (13.5M) | (69.6M) | (126.2M) | (45.8M) | (48.1M) | |
Other Liab | 274.0M | 430.7M | 443.8M | 363.4M | 417.9M | 438.8M | |
Other Assets | 22.0M | 147.8M | 146.9M | 144.6M | 166.3M | 174.6M | |
Long Term Debt | 848.9M | 1.0B | 1.2B | 1.5B | 1.3B | 731.2M | |
Treasury Stock | (985.9M) | (1.1B) | (1.1B) | (1.2B) | (1.1B) | (1.0B) | |
Short Term Debt | 388K | 88K | 17.6M | 21.6M | 600K | 570K | |
Property Plant Equipment | 280.3M | 298.3M | 327.3M | 382.1M | 439.4M | 236.4M | |
Good Will | 1.8B | 1.9B | 2.2B | 2.6B | 2.8B | 1.5B | |
Current Deferred Revenue | 17.6M | 28.4M | 49M | 44.7M | 55.9M | 58.7M | |
Net Tangible Assets | 95.5M | 229.1M | 38.1M | (546.6M) | (628.6M) | (597.2M) | |
Retained Earnings Total Equity | 2.6B | 2.8B | 3.1B | 3.5B | 4.1B | 2.2B | |
Long Term Debt Total | 848.9M | 1.0B | 1.2B | 1.5B | 1.7B | 985.3M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the IDEX information on this page should be used as a complementary analysis to other IDEX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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When running IDEX's price analysis, check to measure IDEX'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 IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.
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Is IDEX'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 IDEX. If investors know IDEX 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 IDEX 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 (0.13) | Dividend Share 1.92 | Earnings Share 7.61 | Revenue Per Share 42.698 | Quarterly Revenue Growth (0.05) |
The market value of IDEX is measured differently than its book value, which is the value of IDEX that is recorded on the company's balance sheet. Investors also form their own opinion of IDEX's value that differs from its market value or its book value, called intrinsic value, which is IDEX'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 IDEX's market value can be influenced by many factors that don't directly affect IDEX'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 IDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDEX'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.