Ingevity Depreciation And Amortization vs Selling General Administrative Analysis

NGVT Stock  USD 55.12  0.52  0.95%   
Ingevity Corp financial indicator trend analysis is infinitely more than just investigating Ingevity Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingevity Corp is a good investment. Please check the relationship between Ingevity Corp Depreciation And Amortization and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ingevity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingevity Corp Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ingevity Corp's Depreciation And Amortization and Selling General Administrative is 0.94. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Ingevity Corp, assuming nothing else is changed. The correlation between historical values of Ingevity Corp's Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Ingevity Corp are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Ingevity Corp's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

Most indicators from Ingevity Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingevity Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ingevity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.At this time, Ingevity Corp's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 8.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 159.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense47.7M54.3M93.3M98.0M
Depreciation And Amortization109.9M108.8M141.4M74.7M

Ingevity Corp fundamental ratios Correlations

-0.54-0.52-0.55-0.63-0.51-0.59-0.53-0.65-0.26-0.54-0.18-0.26-0.66-0.73-0.51-0.62-0.70.73-0.53-0.64-0.55-0.480.39-0.550.59
-0.540.980.970.950.850.990.970.880.71.00.810.70.910.950.990.920.47-0.850.990.910.970.98-0.720.95-0.92
-0.520.980.960.950.750.980.990.860.670.980.760.670.870.921.00.920.53-0.851.00.880.950.97-0.810.92-0.96
-0.550.970.960.950.780.950.960.920.630.970.790.630.910.920.970.920.51-0.780.970.910.940.95-0.750.88-0.92
-0.630.950.950.950.760.960.950.950.590.940.640.590.930.90.940.950.62-0.840.950.950.930.9-0.710.91-0.88
-0.510.850.750.780.760.840.730.750.640.850.770.640.850.830.780.760.2-0.70.780.810.840.85-0.280.83-0.65
-0.590.990.980.950.960.840.970.90.670.980.740.670.910.940.980.950.54-0.90.980.910.970.95-0.710.94-0.92
-0.530.970.990.960.950.730.970.880.580.980.720.580.890.920.990.940.58-0.840.990.870.920.96-0.80.89-0.96
-0.650.880.860.920.950.750.90.880.450.880.660.450.960.840.860.950.67-0.780.880.950.870.82-0.60.83-0.79
-0.260.70.670.630.590.640.670.580.450.670.751.00.430.640.70.490.06-0.570.690.560.810.66-0.580.77-0.58
-0.541.00.980.970.940.850.980.980.880.670.80.670.910.950.990.920.46-0.830.990.90.960.99-0.710.93-0.93
-0.180.810.760.790.640.770.740.720.660.750.80.750.680.70.80.660.1-0.530.790.680.820.81-0.520.77-0.67
-0.260.70.670.630.590.640.670.580.451.00.670.750.430.640.70.490.06-0.570.690.560.810.66-0.580.77-0.58
-0.660.910.870.910.930.850.910.890.960.430.910.680.430.880.870.930.57-0.780.880.940.860.88-0.510.84-0.79
-0.730.950.920.920.90.830.940.920.840.640.950.70.640.880.930.860.51-0.860.930.850.90.94-0.680.87-0.94
-0.510.991.00.970.940.780.980.990.860.70.990.80.70.870.930.910.5-0.841.00.880.960.97-0.790.93-0.95
-0.620.920.920.920.950.760.950.940.950.490.920.660.490.930.860.910.7-0.90.920.940.910.86-0.670.89-0.85
-0.70.470.530.510.620.20.540.580.670.060.460.10.060.570.510.50.7-0.710.510.560.480.37-0.610.41-0.58
0.73-0.85-0.85-0.78-0.84-0.7-0.9-0.84-0.78-0.57-0.83-0.53-0.57-0.78-0.86-0.84-0.9-0.71-0.84-0.83-0.86-0.770.67-0.870.83
-0.530.991.00.970.950.780.980.990.880.690.990.790.690.880.931.00.920.51-0.840.90.960.97-0.790.93-0.95
-0.640.910.880.910.950.810.910.870.950.560.90.680.560.940.850.880.940.56-0.830.90.910.84-0.570.93-0.77
-0.550.970.950.940.930.840.970.920.870.810.960.820.810.860.90.960.910.48-0.860.960.910.92-0.720.97-0.87
-0.480.980.970.950.90.850.950.960.820.660.990.810.660.880.940.970.860.37-0.770.970.840.92-0.680.89-0.92
0.39-0.72-0.81-0.75-0.71-0.28-0.71-0.8-0.6-0.58-0.71-0.52-0.58-0.51-0.68-0.79-0.67-0.610.67-0.79-0.57-0.72-0.68-0.650.86
-0.550.950.920.880.910.830.940.890.830.770.930.770.770.840.870.930.890.41-0.870.930.930.970.89-0.65-0.82
0.59-0.92-0.96-0.92-0.88-0.65-0.92-0.96-0.79-0.58-0.93-0.67-0.58-0.79-0.94-0.95-0.85-0.580.83-0.95-0.77-0.87-0.920.86-0.82
Click cells to compare fundamentals

Ingevity Corp Account Relationship Matchups

Ingevity Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding42.2M41.5M40.1M38.5M36.5M33.0M
Total Assets2.1B2.3B2.5B2.7B2.6B1.7B
Short Long Term Debt Total1.2B1.3B1.3B1.5B1.5B870.1M
Other Current Liab83.1M72.6M91.4M104.5M92.2M68.7M
Total Current Liabilities215.5M223.4M268.9M303.5M362.9M219.0M
Total Stockholder Equity530.8M647.3M673.8M698.3M631.4M519.4M
Property Plant And Equipment Net664.7M703.6M719.7M798.6M829.4M627.5M
Net Debt1.2B1.0B974.6M1.4B1.4B767.8M
Accounts Payable99.1M104.2M125.8M174.8M158.4M115.1M
Cash56.5M257.7M275.4M76.7M96.5M102.3M
Non Current Assets Total1.7B1.7B1.7B2.1B2.0B1.2B
Non Currrent Assets Other103.7M183.6M202.7M220.1M32.6M31.0M
Cash And Short Term Investments56.5M257.7M275.4M76.7M96.5M102.3M
Net Receivables150M148M161.7M224.8M211M153.3M
Good Will439M445.3M442M518.5M527.5M553.9M
Liabilities And Stockholders Equity2.1B2.3B2.5B2.7B2.6B1.7B
Non Current Liabilities Total1.4B1.5B1.5B1.7B1.6B1.0B
Inventory212.5M189M241.2M335M309.8M217.4M
Other Current Assets34.9M6.5M6.1M42.5M41.3M43.4M
Other Stockholder Equity38.2M(35.8M)(135.8M)(263M)(344.6M)(327.4M)
Total Liab1.6B1.7B1.8B2.0B2.0B1.2B
Property Plant And Equipment Gross718.1M752.7M1.5B1.6B1.7B878.9M
Total Current Assets463.2M628.7M724.9M679M658.6M504.0M
Accumulated Other Comprehensive Income(5M)4.7M13.1M(46.8M)(26.7M)(28.0M)
Intangible Assets396.2M373.3M337.6M404.8M385.3M211.4M
Other Liab126.4M196.4M276.3M221.4M254.6M133.8M
Net Tangible Assets(324.5M)(176.5M)(105.8M)(280M)(252M)(239.4M)
Current Deferred Revenue(6.3M)4.4M14.7M6.8M9.2M9.0M
Other Assets100.9M146M291.4M268.3M232.9M145.9M
Long Term Debt1.2B1.3B1.3B1.5B1.4B927.7M
Short Long Term Debt22.5M26M19.6M900K84.4M88.6M
Short Term Debt39.6M42.2M37M17.4M103.1M108.3M
Property Plant Equipment719.3M703.6M719.7M855.3M983.6M639.3M
Retained Earnings497.2M678M796.1M1.0B1.0B546.3M
Long Term Debt Total741.2M1.2B1.3B1.3B1.4B863.1M
Deferred Long Term Liab2.5M117M114.6M5.1M5.9M5.6M
Retained Earnings Total Equity313.5M497.2M678M796.1M915.5M961.3M
Short Term Investments1.8M700K400K200K180K171K
Capital Surpluse98.3M112.8M121.3M136.3M156.7M114.5M

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When determining whether Ingevity Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ingevity Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ingevity Corp Stock. Highlighted below are key reports to facilitate an investment decision about Ingevity Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ingevity Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Ingevity Stock analysis

When running Ingevity Corp's price analysis, check to measure Ingevity Corp'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 Ingevity Corp is operating at the current time. Most of Ingevity Corp's value examination focuses on studying past and present price action to predict the probability of Ingevity Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingevity Corp's price. Additionally, you may evaluate how the addition of Ingevity Corp to your portfolios can decrease your overall portfolio volatility.
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Is Ingevity Corp'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 Ingevity Corp. If investors know Ingevity 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 Ingevity Corp 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
(0.65)
Earnings Share
(3.05)
Revenue Per Share
45.206
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0584
The market value of Ingevity Corp is measured differently than its book value, which is the value of Ingevity that is recorded on the company's balance sheet. Investors also form their own opinion of Ingevity Corp's value that differs from its market value or its book value, called intrinsic value, which is Ingevity Corp'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 Ingevity Corp's market value can be influenced by many factors that don't directly affect Ingevity Corp'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 Ingevity Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingevity Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingevity Corp'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.