Icahn Total Assets vs Total Current Liabilities Analysis
IEP Stock | USD 18.03 0.53 2.86% |
Icahn Enterprises financial indicator trend analysis is infinitely more than just investigating Icahn Enterprises recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Icahn Enterprises is a good investment. Please check the relationship between Icahn Enterprises Total Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icahn Enterprises LP. 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.
Total Assets vs Total Current Liabilities
Total Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Icahn Enterprises Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Icahn Enterprises' Total Assets and Total Current Liabilities is 0.72. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Icahn Enterprises LP, assuming nothing else is changed. The correlation between historical values of Icahn Enterprises' Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Icahn Enterprises LP are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Icahn Enterprises' Total Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Icahn Enterprises assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Icahn Enterprises books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Icahn Enterprises balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Icahn Enterprises LP are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Icahn Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Icahn Enterprises 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 Icahn Enterprises LP. 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. At this time, Icahn Enterprises' Tax Provision is relatively stable compared to the past year. As of 05/09/2024, Issuance Of Capital Stock is likely to grow to about 123.2 M, while Sales General And Administrative To Revenue is likely to drop 0.04.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 2.4B | 1.9B | 1.1B | Total Revenue | 10.9B | 14.1B | 11.9B | 6.1B |
Icahn Enterprises fundamental ratios Correlations
Click cells to compare fundamentals
Icahn Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Icahn Enterprises fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.6B | 25.0B | 27.7B | 27.9B | 20.9B | 13.1B | |
Short Long Term Debt Total | 8.2B | 8.1B | 7.7B | 7.1B | 11.2B | 11.8B | |
Total Stockholder Equity | 10.9B | 9.3B | 9.3B | 9.6B | 4.0B | 3.8B | |
Net Debt | 4.4B | 6.4B | 5.4B | 4.8B | 6.3B | 6.6B | |
Common Stock Shares Outstanding | 200M | 221M | 260M | 316M | 382M | 401.1M | |
Liabilities And Stockholders Equity | 24.6B | 25.0B | 27.7B | 27.9B | 20.9B | 12.9B | |
Non Current Liabilities Total | 11.2B | 11.8B | 14.2B | 14.6B | 10.2B | 9.7B | |
Total Liab | 13.7B | 15.7B | 18.4B | 18.4B | 14.8B | 8.3B | |
Other Current Liab | 1.5B | 3.2B | 3.4B | 2.8B | 301M | 286.0M | |
Total Current Liabilities | 2.5B | 3.9B | 4.2B | 3.7B | 4.6B | 3.2B | |
Property Plant And Equipment Net | 4.5B | 4.2B | 4.1B | 4.0B | 4.5B | 3.3B | |
Non Current Assets Total | 6.6B | 7.3B | 6.6B | 7.0B | 9.0B | 5.6B | |
Non Currrent Assets Other | (8.6B) | 2.1B | (8.1B) | (5.6B) | 493M | 517.7M | |
Short Term Debt | 1.4B | 2.5B | 26M | 21M | 3.5B | 2.2B | |
Cash | 3.8B | 1.7B | 2.3B | 2.3B | 4.9B | 5.1B | |
Other Assets | 546M | 1.3B | 9.3B | 11.8B | 11.5B | 12.0B | |
Cash And Short Term Investments | 13.7B | 10.6B | 11.5B | 9.1B | 5.9B | 7.3B | |
Net Receivables | 1.3B | 3.9B | 6.1B | 7.7B | 4.9B | 5.1B | |
Total Current Assets | 18.0B | 17.7B | 21.1B | 20.9B | 11.9B | 10.7B | |
Other Stockholder Equity | 4.7B | 5.0B | 5.0B | 4.9B | 6.1B | 5.8B | |
Property Plant And Equipment Gross | 4.5B | 4.2B | 7.7B | 8.0B | 8.2B | 4.1B | |
Accumulated Other Comprehensive Income | (89M) | (83M) | (74M) | (70M) | (55M) | (57.8M) | |
Common Stock | 6.4B | 4.3B | 4.4B | 4.7B | 4.0B | 3.2B | |
Short Term Investments | 9.9B | 8.9B | 9.2B | 6.8B | 1.1B | 1.0B | |
Accounts Payable | 945M | 738M | 805M | 870M | 830M | 827.9M | |
Other Liab | 782M | 569M | 390M | 466M | 535.9M | 509.1M | |
Long Term Debt | 1.2B | 639M | 787M | 691M | 7.2B | 4.3B | |
Inventory | 1.8B | 1.6B | 1.5B | 1.5B | 1.0B | 1.3B | |
Property Plant Equipment | 4.5B | 4.2B | 4.1B | 4.0B | 4.6B | 4.4B | |
Other Current Assets | 1.2B | 1.6B | 2.1B | 2.5B | 7.4B | 7.8B | |
Current Deferred Revenue | (1.0B) | (468M) | (1.4B) | (2.5B) | (2.3B) | (2.2B) | |
Intangible Assets | 431M | 660M | 595M | 533M | 466M | 801.1M | |
Good Will | 282M | 298M | 290M | 288M | 259.2M | 246.2M | |
Net Tangible Assets | 10.2B | 8.3B | 8.5B | 8.7B | 10.0B | 10.5B | |
Deferred Long Term Liab | 639M | 569M | 390M | 338M | 304.2M | 289.0M | |
Long Term Investments | 9.9B | 8.9B | 9.2B | 6.8B | 6.1B | 8.0B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icahn Enterprises LP. 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. Note that the Icahn Enterprises information on this page should be used as a complementary analysis to other Icahn Enterprises' 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Icahn Stock analysis
When running Icahn Enterprises' price analysis, check to measure Icahn Enterprises' 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 Icahn Enterprises is operating at the current time. Most of Icahn Enterprises' value examination focuses on studying past and present price action to predict the probability of Icahn Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icahn Enterprises' price. Additionally, you may evaluate how the addition of Icahn Enterprises to your portfolios can decrease your overall portfolio volatility.
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Icahn Enterprises' 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 Icahn Enterprises. If investors know Icahn 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 Icahn Enterprises 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 0.631 | Dividend Share 6 | Earnings Share (1.75) | Revenue Per Share 28.359 | Quarterly Revenue Growth (0.14) |
The market value of Icahn Enterprises is measured differently than its book value, which is the value of Icahn that is recorded on the company's balance sheet. Investors also form their own opinion of Icahn Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Icahn Enterprises' 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 Icahn Enterprises' market value can be influenced by many factors that don't directly affect Icahn Enterprises' 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 Icahn Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Icahn Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icahn Enterprises' 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.