ICON Good Will vs Short Long Term Debt Analysis
| ICLR Stock | USD 306.15 2.16 0.70% |
ICON PLC financial indicator trend analysis is infinitely more than just investigating ICON PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ICON PLC is a good investment. Please check the relationship between ICON PLC Good Will and its Short Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.
Good Will vs Short Long Term Debt
Good Will vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICON PLC Good Will account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between ICON PLC's Good Will and Short Long Term Debt is -0.78. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of ICON PLC, assuming nothing else is changed. The correlation between historical values of ICON PLC's Good Will and Short Long Term Debt 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 ICON PLC are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Good Will i.e., ICON PLC's Good Will and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.78 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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.Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Most indicators from ICON PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ICON PLC 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 ICON PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.At this time, ICON PLC's Selling General Administrative is relatively stable compared to the past year. As of 04/29/2024, Enterprise Value is likely to grow to about 25.3 B, while Tax Provision is likely to drop slightly above 11.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 2.2B | 1.8B | 1.9B | Total Revenue | 5.5B | 7.7B | 8.1B | 8.5B |
ICON PLC fundamental ratios Correlations
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ICON PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ICON PLC fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 54.3M | 53.3M | 68.1M | 82.5M | 82.7M | 47.6M | |
| Total Assets | 2.9B | 3.5B | 17.4B | 17.2B | 17.0B | 17.8B | |
| Short Long Term Debt Total | 454.6M | 433.6M | 5.6B | 4.8B | 3.9B | 4.1B | |
| Other Current Liab | 362.3M | 402.1M | 1.0B | 1.0B | 893.0M | 937.6M | |
| Total Current Liabilities | 1.1B | 1.1B | 2.5B | 2.7B | 2.8B | 3.0B | |
| Total Stockholder Equity | 1.6B | 1.9B | 8.1B | 8.5B | 9.2B | 9.7B | |
| Property Plant And Equipment Net | 270.1M | 192.9M | 534.6M | 504.2M | 501.5M | 526.6M | |
| Net Debt | (65.8M) | (406.7M) | 4.8B | 4.5B | 3.6B | 3.7B | |
| Retained Earnings | 1.1B | 1.4B | 1.4B | 1.8B | 2.4B | 2.6B | |
| Accounts Payable | 24.1M | 51.1M | 90.8M | 81.2M | 131.6M | 138.2M | |
| Cash | 520.3M | 840.3M | 752.2M | 288.8M | 378.1M | 216.9M | |
| Non Current Assets Total | 1.3B | 1.4B | 14.4B | 14.0B | 13.6B | 14.3B | |
| Cash And Short Term Investments | 569.9M | 842.0M | 753.9M | 290.5M | 380.1M | 261.1M | |
| Net Receivables | 1.0B | 1.2B | 2.1B | 2.8B | 2.9B | 3.0B | |
| Short Term Investments | 49.6M | 1.7M | 1.7M | 1.7M | 2.0M | 1.9M | |
| Liabilities And Stockholders Equity | 2.9B | 3.5B | 17.4B | 17.2B | 17.0B | 17.8B | |
| Non Current Liabilities Total | 158.2M | 446.6M | 6.8B | 6.0B | 4.9B | 5.2B | |
| Other Current Assets | 41.5M | 53.5M | 114.3M | 137.1M | 132.1M | 77.1M | |
| Other Stockholder Equity | 579.0M | 499.1M | 6.7B | 6.8B | 6.9B | 7.3B | |
| Total Liab | 1.3B | 1.6B | 9.3B | 8.7B | 7.7B | 8.1B | |
| Total Current Assets | 1.6B | 2.1B | 2.9B | 3.2B | 3.4B | 3.6B | |
| Accumulated Other Comprehensive Income | (75.8M) | (13M) | (90.9M) | (171.5M) | (142.3M) | (135.2M) | |
| Short Term Debt | 335.2M | 378.0M | 24.3M | 55.2M | 146.6M | 153.9M | |
| Common Stock | 4.6M | 4.6M | 6.6M | 6.6M | 6.7M | 4.0M | |
| Other Liab | 42.1M | 52.1M | 1.3B | 1.3B | 1.5B | 1.5B | |
| Good Will | 883.2M | 936.3M | 9.0B | 9.0B | 9.0B | 9.5B | |
| Intangible Assets | 67.9M | 66.5M | 4.7B | 4.3B | 3.9B | 4.0B | |
| Property Plant Equipment | 270.1M | 258.9M | 534.6M | 504.2M | 579.8M | 608.8M | |
| Current Deferred Revenue | 367.0M | 660.9M | 1.3B | 1.5B | 1.7B | 1.7B | |
| Non Currrent Assets Other | 34.7M | 26.9M | 89.2M | 92.2M | 78.5M | 82.4M | |
| Common Stock Total Equity | 4.7M | 4.7M | 4.6M | 4.6M | 5.3M | 3.8M | |
| Inventory | 2.3M | 3.2M | 4.8M | 1.0 | 7.1M | 0.95 | |
| Property Plant And Equipment Gross | 270.1M | 258.9M | 534.6M | 329.4M | 921.4M | 967.5M | |
| Other Assets | 51.4M | 50.7M | 137.6M | 169.1M | 194.5M | 204.2M | |
| Net Tangible Assets | 667.0M | 847.5M | (5.7B) | (4.8B) | (4.3B) | (4.1B) | |
| Long Term Investments | 10.1M | 20.3M | 25.0M | 32.6M | 46.8M | 49.1M |
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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 ICON PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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Is ICON PLC'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 ICON PLC. If investors know ICON 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 ICON PLC 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 0.596 | Earnings Share 8.23 | Revenue Per Share 100.023 | Quarterly Revenue Growth 0.057 | Return On Assets 0.0401 |
The market value of ICON PLC is measured differently than its book value, which is the value of ICON that is recorded on the company's balance sheet. Investors also form their own opinion of ICON PLC's value that differs from its market value or its book value, called intrinsic value, which is ICON PLC'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 ICON PLC's market value can be influenced by many factors that don't directly affect ICON PLC'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 ICON PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICON PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICON PLC'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.