IDACORP Dividend Yield vs Operating Margin Analysis
IDA Stock | USD 89.15 1.09 1.21% |
IDACORP financial indicator trend analysis is infinitely more than just investigating IDACORP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDACORP is a good investment. Please check the relationship between IDACORP Dividend Yield and its Operating Profit Margin accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.
Dividend Yield vs Operating Profit Margin
Dividend Yield vs Operating Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDACORP Dividend Yield account and Operating Margin. At this time, the significance of the direction appears to have very week relationship.
The correlation between IDACORP's Dividend Yield and Operating Margin is 0.21. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Operating Margin in the same time period over historical financial statements of IDACORP, assuming nothing else is changed. The correlation between historical values of IDACORP's Dividend Yield and Operating Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of IDACORP are associated (or correlated) with its Operating Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Margin has no effect on the direction of Dividend Yield i.e., IDACORP's Dividend Yield and Operating Margin go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Dividend Yield
Dividend Yield is IDACORP dividend as a percentage of IDACORP stock price. IDACORP dividend yield is a measure of IDACORP stock productivity, which can be interpreted as interest rate earned on an IDACORP investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Operating Profit Margin
Most indicators from IDACORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDACORP 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 IDACORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.The current year's Enterprise Value is expected to grow to about 2.7 B, whereas Selling General Administrative is forecasted to decline to about 6.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 332.2M | 330.1M | 316.8M | 458.3M | Total Revenue | 1.5B | 1.6B | 1.8B | 1.2B |
IDACORP fundamental ratios Correlations
Click cells to compare fundamentals
IDACORP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IDACORP fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 50.5M | 50.6M | 50.6M | 50.7M | 50.8M | 46.4M | |
Total Assets | 6.6B | 7.1B | 7.2B | 7.5B | 8.5B | 5.1B | |
Short Long Term Debt Total | 1.8B | 2.0B | 2.0B | 2.2B | 2.8B | 1.6B | |
Other Current Liab | 135.7M | 41.9M | 42.3M | 183.6M | 171.5M | 120.7M | |
Total Current Liabilities | 374.9M | 287.6M | 325.6M | 548.6M | 634.1M | 320.1M | |
Total Stockholder Equity | 2.5B | 2.6B | 2.7B | 2.8B | 2.9B | 1.7B | |
Property Plant And Equipment Net | 4.5B | 4.7B | 4.9B | 5.2B | 5.7B | 3.4B | |
Current Deferred Revenue | 28.5M | 29.3M | 43.5M | 72.2M | 104.3M | 109.5M | |
Net Debt | 1.6B | 1.7B | 1.8B | 2.0B | 2.5B | 1.5B | |
Retained Earnings | 1.6B | 1.7B | 1.8B | 1.9B | 2.0B | 2.1B | |
Accounts Payable | 110.7M | 120.6M | 146.0M | 292.7M | 308.5M | 323.9M | |
Cash | 217.3M | 275.1M | 215.2M | 177.6M | 327.4M | 343.8M | |
Non Current Assets Total | 6.1B | 6.5B | 6.6B | 6.8B | 7.5B | 4.6B | |
Non Currrent Assets Other | 1.4B | 1.6B | 1.6B | 1.6B | 135.8M | 129.1M | |
Cash And Short Term Investments | 217.3M | 300.1M | 215.2M | 177.6M | 327.4M | 343.8M | |
Net Receivables | 159.1M | 160.1M | 183.4M | 263.9M | 267.0M | 170.6M | |
Common Stock Total Equity | 868.3M | 869.2M | 874.9M | 882.2M | 1.0B | 605.2M | |
Liabilities And Stockholders Equity | 6.6B | 7.1B | 7.2B | 7.5B | 8.5B | 5.1B | |
Non Current Liabilities Total | 3.8B | 4.2B | 4.2B | 4.2B | 4.9B | 2.9B | |
Inventory | 114.1M | 96.6M | 95.6M | 107.2M | 160.5M | 168.5M | |
Other Current Assets | 57.0M | 65.4M | 76.9M | 120.4M | 226.3M | 237.6M | |
Other Stockholder Equity | (1.9M) | 2.6B | 6.8M | 2.9B | 2.6B | 2.7B | |
Total Liab | 4.2B | 4.5B | 4.5B | 4.7B | 5.6B | 3.4B | |
Property Plant And Equipment Gross | 4.5B | 4.7B | 4.9B | 5.2B | 8.3B | 8.7B | |
Total Current Assets | 565.1M | 642.4M | 595.9M | 693.7M | 1.0B | 506.8M | |
Accumulated Other Comprehensive Income | (36.3M) | (43.4M) | (40.0M) | (12.9M) | (17.2M) | (18.0M) | |
Short Term Debt | 100M | 95.8M | 93.9M | 0.0 | 49.8M | 90.0M | |
Common Stock | 868.3M | 869.2M | 874.9M | 882.2M | 888.6M | 618.7M | |
Other Liab | 2.1B | 2.2B | 2.2B | 2.0B | 2.3B | 1.2B | |
Other Assets | 1.4B | 1.6B | 1.6B | 1.6B | 1.8B | 1.1B | |
Long Term Debt | 1.7B | 2.0B | 2.0B | 2.2B | 2.8B | 1.6B | |
Property Plant Equipment | 4.5B | 4.7B | 4.9B | 5.2B | 5.9B | 3.7B | |
Noncontrolling Interest In Consolidated Entity | 5.9M | 6.5M | 6.8M | 7.4M | 8.5M | 4.5M | |
Retained Earnings Total Equity | 1.6B | 1.7B | 1.8B | 1.9B | 2.2B | 1.3B | |
Deferred Long Term Liab | 746.2M | 800.3M | 842.4M | 873.9M | 1.0B | 764.9M |
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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 IDACORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.Note that the IDACORP information on this page should be used as a complementary analysis to other IDACORP'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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Is IDACORP'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 IDACORP. If investors know IDACORP 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 IDACORP 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 (0.26) | Dividend Share 3.2 | Earnings Share 5.14 | Revenue Per Share 34.828 | Quarterly Revenue Growth (0.03) |
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP'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 IDACORP's market value can be influenced by many factors that don't directly affect IDACORP'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 IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP'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.