Intact Total Operating Expenses vs Reconciled Depreciation Analysis

IFC Stock  CAD 230.24  1.84  0.81%   
Intact Financial financial indicator trend analysis is infinitely more than just investigating Intact Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intact Financial is a good investment. Please check the relationship between Intact Financial Total Operating Expenses and its Reconciled Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intact Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Total Operating Expenses vs Reconciled Depreciation

Total Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intact Financial Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Intact Financial's Total Operating Expenses and Reconciled Depreciation is 0.93. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Intact Financial, assuming nothing else is changed. The correlation between historical values of Intact Financial's Total Operating Expenses and Reconciled Depreciation 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 Operating Expenses of Intact Financial are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Intact Financial's Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Reconciled Depreciation

Most indicators from Intact Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intact Financial 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 Intact Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Intact Financial's Issuance Of Capital Stock is very stable compared to the past year. As of the 4th of May 2024, Enterprise Value is likely to grow to about 28.6 B, while Selling General Administrative is likely to drop about 787.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit17.5B21.2B24.3B25.5B
Total Revenue17.5B21.2B22.1B23.2B

Intact Financial fundamental ratios Correlations

0.970.980.970.880.770.89-0.810.930.950.90.710.89-0.070.90.960.980.950.870.7-0.88-0.590.910.870.920.96
0.970.990.980.810.680.89-0.850.940.970.940.680.84-0.060.820.980.990.970.920.55-0.9-0.640.940.830.920.98
0.980.990.980.850.650.85-0.790.940.970.960.720.89-0.10.830.981.00.950.90.56-0.87-0.590.920.830.90.96
0.970.980.980.850.680.82-0.80.920.960.950.710.87-0.070.840.970.990.950.90.57-0.87-0.60.920.810.910.95
0.880.810.850.850.680.74-0.630.720.760.810.880.95-0.170.950.770.830.80.760.68-0.74-0.480.70.840.910.75
0.770.680.650.680.680.74-0.730.720.650.470.410.590.20.840.670.650.680.540.92-0.71-0.480.680.80.760.73
0.890.890.850.820.740.74-0.830.80.80.770.630.71-0.050.820.820.840.890.850.67-0.88-0.650.810.810.860.86
-0.81-0.85-0.79-0.8-0.63-0.73-0.83-0.85-0.81-0.7-0.43-0.620.04-0.7-0.82-0.8-0.92-0.88-0.570.970.85-0.91-0.8-0.81-0.89
0.930.940.940.920.720.720.8-0.850.980.820.490.78-0.090.760.980.940.910.80.58-0.85-0.570.960.880.870.99
0.950.970.970.960.760.650.8-0.810.980.90.580.84-0.090.761.00.980.930.840.52-0.85-0.570.950.840.870.98
0.90.940.960.950.810.470.77-0.70.820.90.770.84-0.130.730.910.960.920.920.36-0.8-0.540.830.680.840.87
0.710.680.720.710.880.410.63-0.430.490.580.770.86-0.010.790.610.710.670.710.39-0.61-0.430.510.610.760.55
0.890.840.890.870.950.590.71-0.620.780.840.840.86-0.20.90.840.880.820.770.57-0.74-0.480.750.830.880.79
-0.07-0.06-0.1-0.07-0.170.2-0.050.04-0.09-0.09-0.13-0.01-0.2-0.07-0.06-0.09-0.09-0.09-0.060.01-0.06-0.05-0.1-0.12-0.07
0.90.820.830.840.950.840.82-0.70.760.760.730.790.9-0.070.780.820.810.730.83-0.78-0.520.740.910.940.79
0.960.980.980.970.770.670.82-0.820.981.00.910.610.84-0.060.780.980.940.860.53-0.86-0.590.950.850.890.99
0.980.991.00.990.830.650.84-0.80.940.980.960.710.88-0.090.820.980.950.90.54-0.87-0.580.920.820.910.96
0.950.970.950.950.80.680.89-0.920.910.930.920.670.82-0.090.810.940.950.970.56-0.97-0.760.940.820.90.95
0.870.920.90.90.760.540.85-0.880.80.840.920.710.77-0.090.730.860.90.970.42-0.95-0.80.870.710.830.87
0.70.550.560.570.680.920.67-0.570.580.520.360.390.57-0.060.830.530.540.560.42-0.57-0.350.520.720.670.59
-0.88-0.9-0.87-0.87-0.74-0.71-0.880.97-0.85-0.85-0.8-0.61-0.740.01-0.78-0.86-0.87-0.97-0.95-0.570.87-0.92-0.81-0.85-0.9
-0.59-0.64-0.59-0.6-0.48-0.48-0.650.85-0.57-0.57-0.54-0.43-0.48-0.06-0.52-0.59-0.58-0.76-0.8-0.350.87-0.76-0.56-0.57-0.63
0.910.940.920.920.70.680.81-0.910.960.950.830.510.75-0.050.740.950.920.940.870.52-0.92-0.760.840.860.97
0.870.830.830.810.840.80.81-0.80.880.840.680.610.83-0.10.910.850.820.820.710.72-0.81-0.560.840.940.88
0.920.920.90.910.910.760.86-0.810.870.870.840.760.88-0.120.940.890.910.90.830.67-0.85-0.570.860.940.91
0.960.980.960.950.750.730.86-0.890.990.980.870.550.79-0.070.790.990.960.950.870.59-0.9-0.630.970.880.91
Click cells to compare fundamentals

Intact Financial Account Relationship Matchups

Intact Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.3B35.1B66.3B65.0B56.0B58.8B
Short Long Term Debt Total2.8B3.5B5.9B5.1B5.9B6.2B
Total Stockholder Equity8.7B9.6B15.7B15.4B16.2B17.0B
Net Debt1.9B2.6B3.6B4.1B3.9B4.1B
Retained Earnings4.0B4.5B6.2B7.4B6.5B3.3B
Accounts Payable246M329M2.1B2.2B756M602.1M
Cash936M917M2.3B1.0B1.2B1.2B
Other Assets2.0B2.0B(10.2B)(11.2B)(10.0B)(9.5B)
Cash And Short Term Investments2.4B2.5B25.0B23.8B27.4B28.8B
Net Receivables4.0B4.3B9.0B9.3B10.7B11.2B
Good Will2.6B2.8B3.1B3.4B4.1B4.3B
Common Stock Shares Outstanding139.5M143M162.4M175.6M178.3M145.8M
Liabilities And Stockholders Equity32.3B35.1B66.3B65.0B74.7B78.4B
Other Stockholder Equity340M374M211M269M242.1M316.2M
Total Liab23.5B25.5B49.6B49.3B39.5B19.9B
Intangible Assets2.5B2.5B4.6B4.7B5.0B5.3B
Accumulated Other Comprehensive Income325M409M529M(1.1B)(1.2B)(1.2B)
Property Plant And Equipment Net538M520M774M778M799M839.0M
Property Plant And Equipment Gross150M170M538M520M598M627.9M
Short Term Investments1.5B1.6B22.7B22.8B1.4B1.3B
Other Current Liab(411M)(329M)(2.5B)(2.4B)(2.1B)(2.0B)
Total Current Liabilities411M329M2.5B2.4B2.1B2.0B
Other Liab9.6B10.1B17.9B17.4B20.0B21.0B
Net Tangible Assets2.6B3.1B6.8B6.0B6.9B3.7B
Long Term Debt2.4B2.5B4.8B4.4B5.1B2.8B
Other Current Assets1.8B2.4B7.1B6.4B7.3B7.7B
Long Term Investments18.2B20.5B34.1B34.2B35.6B23.0B
Short Long Term Debt165M0.0439M137M123.3M117.1M
Total Current Assets6.4B6.8B34.0B33.1B38.1B40.0B
Short Term Debt165M0.0439M137M123.3M117.1M
Property Plant Equipment538M520M774M778M894.7M939.4M
Long Term Debt Total2.8B2.9B4.9B4.9B5.7B3.1B
Capital Surpluse170M187M211M269M309.4M187.3M
Cash And Equivalents667M73M1.4B410M471.5M441.9M
Net Invested Capital10.1B11.4B19.7B18.6B19.7B15.3B
Capital Stock4.3B4.4B8.8B8.9B9.7B7.3B
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 Intact Financial 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, Intact Financial's short interest history, or implied volatility extrapolated from Intact Financial options trading.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intact Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Intact Financial information on this page should be used as a complementary analysis to other Intact Financial'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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Please note, there is a significant difference between Intact Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intact Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intact Financial'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.