ICL Good Will vs Net Receivables Analysis

ICL Stock  USD 4.63  0.07  1.54%   
ICL Israel financial indicator trend analysis is infinitely more than just investigating ICL Israel Chemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ICL Israel Chemicals is a good investment. Please check the relationship between ICL Israel Good Will and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICL Israel Chemicals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICL Israel Chemicals Good Will account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ICL Israel's Good Will and Net Receivables is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of ICL Israel Chemicals, assuming nothing else is changed. The correlation between historical values of ICL Israel's Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of ICL Israel Chemicals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., ICL Israel's Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

Most indicators from ICL Israel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ICL Israel Chemicals 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 ICL Israel Chemicals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Sales General And Administrative To Revenue is expected to rise to 0.08 this year, although the value of Selling General Administrative will most likely fall to about 379.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense216M327M176.7M120.4M
Depreciation And Amortization588M713M590.1M371.6M

ICL Israel fundamental ratios Correlations

0.70.610.950.920.930.550.770.950.560.960.410.640.880.960.450.40.340.760.860.420.090.890.640.850.56
0.70.590.690.360.660.980.30.610.030.770.370.060.480.690.120.24-0.10.970.440.13-0.060.940.240.40.57
0.610.590.580.450.750.540.430.510.210.68-0.210.150.40.670.240.14-0.250.60.350.460.660.640.610.330.23
0.950.690.580.840.850.540.710.950.590.890.370.660.860.950.460.390.350.710.830.390.070.880.650.850.69
0.920.360.450.840.850.190.840.880.680.830.310.770.860.860.560.380.520.440.880.460.130.630.690.880.45
0.930.660.750.850.850.550.730.840.390.980.260.440.680.880.450.330.150.710.670.350.360.820.650.640.54
0.550.980.540.540.190.550.160.45-0.170.670.32-0.160.290.540.030.18-0.220.930.270.04-0.060.850.090.20.53
0.770.30.430.710.840.730.160.740.770.70.250.650.710.710.730.80.50.370.740.380.290.530.890.730.36
0.950.610.510.950.880.840.450.740.650.880.460.710.910.930.360.40.350.680.860.410.060.840.650.880.5
0.560.030.210.590.680.39-0.170.770.650.370.170.910.760.590.570.60.590.110.690.340.130.310.80.790.12
0.960.770.680.890.830.980.670.70.880.370.380.430.720.910.420.350.180.820.710.30.20.910.580.670.6
0.410.37-0.210.370.310.260.320.250.460.170.380.310.380.280.020.270.470.450.39-0.11-0.520.45-0.080.370.3
0.640.060.150.660.770.44-0.160.650.710.910.430.310.840.650.490.330.720.140.770.32-0.070.360.620.880.22
0.880.480.40.860.860.680.290.710.910.760.720.380.840.870.340.390.470.570.940.52-0.110.730.620.980.32
0.960.690.670.950.860.880.540.710.930.590.910.280.650.870.490.340.260.730.840.430.160.870.690.840.53
0.450.120.240.460.560.450.030.730.360.570.420.020.490.340.490.610.570.080.37-0.050.290.230.720.420.48
0.40.240.140.390.380.330.180.80.40.60.350.270.330.390.340.610.410.280.40.080.120.350.690.40.23
0.34-0.1-0.250.350.520.15-0.220.50.350.590.180.470.720.470.260.570.41-0.070.49-0.05-0.380.090.290.590.33
0.760.970.60.710.440.710.930.370.680.110.820.450.140.570.730.080.28-0.070.510.18-0.070.960.270.470.46
0.860.440.350.830.880.670.270.740.860.690.710.390.770.940.840.370.40.490.510.64-0.130.680.590.970.36
0.420.130.460.390.460.350.040.380.410.340.3-0.110.320.520.43-0.050.08-0.050.180.640.250.280.410.54-0.11
0.09-0.060.660.070.130.36-0.060.290.060.130.2-0.52-0.07-0.110.160.290.12-0.38-0.07-0.130.25-0.020.58-0.15-0.1
0.890.940.640.880.630.820.850.530.840.310.910.450.360.730.870.230.350.090.960.680.28-0.020.440.650.58
0.640.240.610.650.690.650.090.890.650.80.58-0.080.620.620.690.720.690.290.270.590.410.580.440.620.24
0.850.40.330.850.880.640.20.730.880.790.670.370.880.980.840.420.40.590.470.970.54-0.150.650.620.37
0.560.570.230.690.450.540.530.360.50.120.60.30.220.320.530.480.230.330.460.36-0.11-0.10.580.240.37
Click cells to compare fundamentals

ICL Israel Account Relationship Matchups

ICL Israel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.2B9.7B11.1B11.8B11.5B7.7B
Short Long Term Debt Total2.6B2.8B3.0B2.8B2.7B2.2B
Other Current Liab587M741M938M1.0B844.0M531.1M
Total Current Liabilities1.8B2.2B2.6B2.6B2.6B1.9B
Total Stockholder Equity3.9B3.9B4.5B5.5B5.7B3.1B
Property Plant And Equipment Net5.2B5.6B5.8B6.0B6.3B3.7B
Net Debt2.5B2.6B2.5B2.4B2.2B2.0B
Retained Earnings3.9B3.8B4.3B5.4B5.5B5.8B
Accounts Payable712M735M1.1B1.0B904.5M633.2M
Cash95M214M473M417M416.5M437.4M
Non Current Assets Total6.5B6.8B7.2B7.2B7.5B4.8B
Non Currrent Assets Other353M393M279.8M228M217.9M228.4M
Cash And Short Term Investments191M314M564M508M587.1M325.4M
Net Receivables1.2B1.3B1.8B1.9B1.6B1.2B
Good Will302M320M502M507M525.6M266.1M
Common Stock Shares Outstanding1.3B1.3B1.3B1.3B1.3B1.4B
Short Term Investments92M96M100M91M170.6M127.4M
Liabilities And Stockholders Equity9.2B9.7B11.1B11.8B11.5B7.7B
Non Current Liabilities Total3.4B3.4B3.7B3.4B2.9B2.6B
Inventory1.3B1.3B1.6B2.1B1.7B1.3B
Other Current Assets51M50M115.2M4.0B121.0M114.9M
Other Stockholder Equity(62M)(56M)(36M)(27M)(25.8M)(24.5M)
Total Liab5.1B5.6B6.3B6.0B5.5B4.5B
Property Plant And Equipment Gross5.3B5.6B12.5B13.0B13.8B14.5B
Total Current Assets2.7B2.8B3.9B4.5B4.0B2.9B
Accumulated Other Comprehensive Income(439M)(312M)(306M)(443M)(335.2M)(352.0M)
Short Term Debt420M684M577M512M850.9M537.1M
Current Deferred Revenue42M17M33M41M16.9M16.0M
Intangible Assets332M336M365M345M343M403.7M
Other Liab1.2B1.3B1.3B1.1B1.3B1.1B
Other Assets362M309M378M524M434.7M384.2M
Long Term Debt2.2B2.1B2.4B2.3B1.6B2.3B
Property Plant Equipment5.3B5.6B5.8B6.0B6.9B5.1B
Net Tangible Assets3.3B3.3B3.7B4.6B5.3B3.1B
Long Term Investments140M83M26M3M2M1.9M
Short Long Term Debt371M684M577M512M786M523.7M
Long Term Debt Total1.8B2.2B2.1B2.4B2.2B1.9B
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 ICL Israel 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, ICL Israel's short interest history, or implied volatility extrapolated from ICL Israel options trading.

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When determining whether ICL Israel Chemicals is a strong investment it is important to analyze ICL Israel'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 ICL Israel's future performance. For an informed investment choice regarding ICL Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICL Israel Chemicals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the ICL Israel Chemicals information on this page should be used as a complementary analysis to other ICL Israel'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running ICL Israel's price analysis, check to measure ICL Israel'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 ICL Israel is operating at the current time. Most of ICL Israel's value examination focuses on studying past and present price action to predict the probability of ICL Israel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICL Israel's price. Additionally, you may evaluate how the addition of ICL Israel to your portfolios can decrease your overall portfolio volatility.
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Is ICL Israel'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 ICL Israel. If investors know ICL 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 ICL Israel 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
(0.80)
Dividend Share
0.277
Earnings Share
0.5
Revenue Per Share
5.845
Quarterly Revenue Growth
(0.19)
The market value of ICL Israel Chemicals is measured differently than its book value, which is the value of ICL that is recorded on the company's balance sheet. Investors also form their own opinion of ICL Israel's value that differs from its market value or its book value, called intrinsic value, which is ICL Israel'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 ICL Israel's market value can be influenced by many factors that don't directly affect ICL Israel'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 ICL Israel's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICL Israel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICL Israel'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.