IBEX Interest Expense vs Asset Turnover Analysis

IBEX Stock  USD 13.56  0.54  3.83%   
IBEX financial indicator trend analysis is infinitely more than just investigating IBEX recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IBEX is a good investment. Please check the relationship between IBEX Interest Expense and its Asset Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBEX. 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.
For more information on how to buy IBEX Stock please use our How to Invest in IBEX guide.

Interest Expense vs Asset Turnover

Interest Expense vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IBEX Interest Expense account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IBEX's Interest Expense and Asset Turnover is -0.37. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of IBEX, assuming nothing else is changed. The correlation between historical values of IBEX's Interest Expense and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of IBEX are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Interest Expense i.e., IBEX's Interest Expense and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from IBEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IBEX 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 IBEX. 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.
For more information on how to buy IBEX Stock please use our How to Invest in IBEX guide.At this time, IBEX's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 10.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 75.8 M in 2024.
 2023 2024 (projected)
Depreciation And Amortization21.8M22.5M
Discontinued Operations17.8M18.7M

IBEX fundamental ratios Correlations

0.780.510.380.820.960.330.080.090.240.90.980.060.90.95-0.690.070.90.070.080.970.820.98-0.240.270.07
0.780.430.750.450.85-0.030.64-0.380.380.630.860.160.630.67-0.690.50.91-0.260.390.620.990.660.23-0.170.5
0.510.430.430.410.410.370.06-0.2-0.60.490.480.260.490.42-0.37-0.110.40.63-0.510.450.480.510.11-0.09-0.11
0.380.750.430.140.35-0.030.63-0.680.270.320.450.670.320.34-0.680.630.44-0.230.330.220.770.30.63-0.390.63
0.820.450.410.140.720.44-0.370.490.110.950.75-0.030.950.84-0.76-0.230.620.33-0.190.850.510.85-0.620.72-0.23
0.960.850.410.350.720.20.250.050.320.830.99-0.110.830.88-0.610.160.98-0.080.220.890.860.9-0.220.180.16
0.33-0.030.37-0.030.440.2-0.350.49-0.290.310.24-0.010.310.47-0.26-0.410.070.48-0.410.320.040.4-0.30.36-0.41
0.080.640.060.63-0.370.25-0.35-0.740.3-0.190.240.17-0.19-0.01-0.090.770.38-0.510.52-0.110.56-0.070.74-0.70.77
0.09-0.38-0.2-0.680.490.050.49-0.74-0.120.26-0.02-0.60.260.21-0.01-0.69-0.080.39-0.40.21-0.370.18-0.890.86-0.69
0.240.38-0.60.270.110.32-0.290.3-0.120.180.30.10.180.25-0.330.510.35-0.850.870.190.370.170.030.020.51
0.90.630.490.320.950.830.31-0.190.260.180.860.031.00.86-0.79-0.140.770.19-0.030.890.70.91-0.450.49-0.14
0.980.860.480.450.750.990.240.24-0.020.30.860.040.860.9-0.680.210.96-0.040.20.910.890.93-0.170.160.21
0.060.160.260.67-0.03-0.11-0.010.17-0.60.10.030.040.030.1-0.360.52-0.13-0.010.060.050.210.070.59-0.270.52
0.90.630.490.320.950.830.31-0.190.260.181.00.860.030.86-0.79-0.140.770.19-0.030.890.70.91-0.450.49-0.14
0.950.670.420.340.840.880.47-0.010.210.250.860.90.10.86-0.740.020.780.15-0.020.950.710.97-0.270.420.02
-0.69-0.69-0.37-0.68-0.76-0.61-0.26-0.09-0.01-0.33-0.79-0.68-0.36-0.79-0.74-0.21-0.59-0.06-0.07-0.63-0.73-0.670.08-0.39-0.21
0.070.5-0.110.63-0.230.16-0.410.77-0.690.51-0.140.210.52-0.140.02-0.210.22-0.550.57-0.020.44-0.060.62-0.451.0
0.90.910.40.440.620.980.070.38-0.080.350.770.96-0.130.770.78-0.590.22-0.190.320.790.910.82-0.120.030.22
0.07-0.260.63-0.230.33-0.080.48-0.510.39-0.850.19-0.04-0.010.190.15-0.06-0.55-0.19-0.980.18-0.240.18-0.30.43-0.55
0.080.39-0.510.33-0.190.22-0.410.52-0.40.87-0.030.20.06-0.03-0.02-0.070.570.32-0.98-0.040.38-0.030.28-0.40.57
0.970.620.450.220.850.890.32-0.110.210.190.890.910.050.890.95-0.63-0.020.790.18-0.040.670.98-0.360.42-0.02
0.820.990.480.770.510.860.040.56-0.370.370.70.890.210.70.71-0.730.440.91-0.240.380.670.720.2-0.150.44
0.980.660.510.30.850.90.4-0.070.180.170.910.930.070.910.97-0.67-0.060.820.18-0.030.980.72-0.310.36-0.06
-0.240.230.110.63-0.62-0.22-0.30.74-0.890.03-0.45-0.170.59-0.45-0.270.080.62-0.12-0.30.28-0.360.2-0.31-0.830.62
0.27-0.17-0.09-0.390.720.180.36-0.70.860.020.490.16-0.270.490.42-0.39-0.450.030.43-0.40.42-0.150.36-0.83-0.45
0.070.5-0.110.63-0.230.16-0.410.77-0.690.51-0.140.210.52-0.140.02-0.211.00.22-0.550.57-0.020.44-0.060.62-0.45
Click cells to compare fundamentals

IBEX Account Relationship Matchups

IBEX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets195.2M274.3M290.1M293.3M337.3M219.6M
Short Long Term Debt Total106.0M112.5M104.7M78.9M90.7M89.9M
Other Current Liab8.8M56.8M57.6M34.7M39.9M42.5M
Total Current Liabilities105.7M105.7M102.4M73.3M84.3M107.7M
Total Stockholder Equity16.1M80.7M100.3M150.0M172.5M181.1M
Property Plant And Equipment Net84.6M106.7M116.6M112.1M128.9M71.5M
Current Deferred Revenue3.5M4.1M8.6M6.4M7.4M6.2M
Net Debt84.1M54.7M55.9M21.5M24.7M23.5M
Retained Earnings(109.5M)(110.7M)(87.7M)(44.8M)(51.5M)(54.1M)
Accounts Payable53.2M6.0M7.8M18.7M21.5M17.4M
Cash21.9M57.8M48.8M57.4M66.0M69.3M
Non Current Assets Total109.2M132.9M146.9M134.7M154.9M107.1M
Non Currrent Assets Other7.4M6.7M5.5M5.9M5.3M8.5M
Cash And Short Term Investments21.9M57.8M48.8M57.4M66.0M69.3M
Net Receivables64.2M72.6M83.5M92.4M106.2M75.5M
Liabilities And Stockholders Equity195.2M274.3M290.1M293.3M337.3M219.6M
Non Current Liabilities Total73.4M87.9M87.5M70.1M80.6M56.2M
Other Current Assets64.2M10.2M10.9M2.2M2.5M2.4M
Total Liab179.1M193.6M189.8M143.4M164.9M163.9M
Total Current Assets86.0M141.4M143.3M158.6M182.4M112.5M
Accumulated Other Comprehensive Income29.5M33.2M33.2M(6.3M)(5.7M)(5.4M)
Short Term Debt40.1M38.8M28.4M13.4M12.1M11.5M
Intangible Assets2.8M3.2M3.0M21.1M24.2M25.4M
Other Liab7.6M14.2M11.1M4.6M5.3M8.1M
Net Tangible Assets1.5M65.6M85.4M117.1M134.6M141.4M
Other Assets9.7M10.9M15.0M10.8M9.7M13.1M
Long Term Debt3.8M1.8M338K600K540K513K
Property Plant Equipment84.6M106.7M116.6M91.0M104.7M75.1M
Net Invested Capital47.4M109.2M115.3M151.0M173.6M96.7M
Long Term Investments227K331K258K382K439.3K345.4K
Short Long Term Debt27.5M26.7M14.7M413K371.7K353.1K
Non Current Liabilities Other2.1M11.1M7.1M3.3M3.8M3.7M
Net Working Capital(19.6M)35.7M40.9M85.3M98.1M103.1M
Capital Lease Obligations74.7M84.0M89.7M77.9M89.6M73.0M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards IBEX in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, IBEX's short interest history, or implied volatility extrapolated from IBEX options trading.

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When determining whether IBEX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IBEX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ibex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ibex Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBEX. 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.
For more information on how to buy IBEX Stock please use our How to Invest in IBEX guide.
Note that the IBEX information on this page should be used as a complementary analysis to other IBEX'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running IBEX's price analysis, check to measure IBEX'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 IBEX is operating at the current time. Most of IBEX's value examination focuses on studying past and present price action to predict the probability of IBEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBEX's price. Additionally, you may evaluate how the addition of IBEX to your portfolios can decrease your overall portfolio volatility.
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Is IBEX'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 IBEX. If investors know IBEX 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 IBEX 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
(0.33)
Earnings Share
1.55
Revenue Per Share
28.254
Quarterly Revenue Growth
(0.05)
Return On Assets
0.078
The market value of IBEX is measured differently than its book value, which is the value of IBEX that is recorded on the company's balance sheet. Investors also form their own opinion of IBEX's value that differs from its market value or its book value, called intrinsic value, which is IBEX'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 IBEX's market value can be influenced by many factors that don't directly affect IBEX'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 IBEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IBEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IBEX'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.