Ingevity Non Operating Income Net Other vs Extraordinary Items 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 Non Operating Income Net Other and its Extraordinary Items 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.

Non Operating Income Net Other vs Extraordinary Items

Non Operating Income Net Other vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingevity Corp Non Operating Income Net Other account and Extraordinary Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ingevity Corp's Non Operating Income Net Other and Extraordinary Items is 0.6. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Extraordinary Items 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 Non Operating Income Net Other and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Ingevity Corp are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Non Operating Income Net Other i.e., Ingevity Corp's Non Operating Income Net Other and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Operating Income Net Other

Extraordinary Items

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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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.