Imperial Cash vs Other Assets Analysis
IMO Stock | USD 69.71 0.32 0.46% |
Imperial Oil financial indicator trend analysis is infinitely more than just investigating Imperial Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Imperial Oil is a good investment. Please check the relationship between Imperial Oil Cash and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Oil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.
Cash vs Other Assets
Cash vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Imperial Oil Cash account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Imperial Oil's Cash and Other Assets is -0.09. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets in the same time period over historical financial statements of Imperial Oil, assuming nothing else is changed. The correlation between historical values of Imperial Oil's Cash and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Imperial Oil are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Imperial Oil's Cash and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Imperial Oil, which is listed under current asset account on Imperial Oil balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Imperial Oil customers. The amounts must be unrestricted with restricted cash listed in a different Imperial Oil account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Assets
Most indicators from Imperial Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Imperial Oil 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 Imperial Oil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.At this time, Imperial Oil's Selling General Administrative is very stable compared to the past year. As of the 21st of May 2024, Tax Provision is likely to grow to about 1.7 B, while Sales General And Administrative To Revenue is likely to drop 0.01.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 54M | 60M | 69M | 76.2M | Depreciation And Amortization | 2.0B | 1.9B | 2.6B | 2.7B |
Imperial Oil fundamental ratios Correlations
Click cells to compare fundamentals
Imperial Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Imperial Oil fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 42.2B | 38.0B | 40.8B | 43.5B | 41.2B | 23.9B | |
Short Long Term Debt Total | 5.3B | 5.3B | 5.3B | 4.3B | 4.3B | 3.1B | |
Other Current Liab | 106M | 3.2B | 248M | 2.6B | 726M | 689.7M | |
Total Current Liabilities | 4.6B | 3.4B | 5.6B | 8.9B | 6.6B | 4.0B | |
Total Stockholder Equity | 24.3B | 21.4B | 21.7B | 22.4B | 22.2B | 12.6B | |
Property Plant And Equipment Net | 34.2B | 32.0B | 31.2B | 30.5B | 30.8B | 18.4B | |
Net Debt | 3.6B | 4.5B | 3.2B | 557M | 3.5B | 2.2B | |
Retained Earnings | 24.8B | 22.1B | 21.7B | 21.8B | 21.9B | 11.2B | |
Cash | 1.7B | 771M | 2.2B | 3.7B | 864M | 915.2M | |
Non Current Assets Total | 35.9B | 33.5B | 33.0B | 32.8B | 32.9B | 19.5B | |
Non Currrent Assets Other | (4.1B) | (3.7B) | (3.7B) | (3.5B) | 838M | 879.9M | |
Cash And Short Term Investments | 1.7B | 771M | 2.2B | 3.7B | 864M | 916.9M | |
Net Receivables | 2.7B | 1.9B | 3.9B | 4.7B | 4.5B | 4.7B | |
Common Stock Shares Outstanding | 765M | 735.3M | 713.2M | 641.5M | 575.9M | 926.1M | |
Liabilities And Stockholders Equity | 42.2B | 38.0B | 40.8B | 43.5B | 41.2B | 23.9B | |
Non Current Liabilities Total | 13.3B | 13.2B | 13.5B | 12.2B | 12.4B | 7.2B | |
Inventory | 1.9B | 1.8B | 1.8B | 2.3B | 3.0B | 3.1B | |
Other Stockholder Equity | (1.9B) | (2.0B) | 1.3B | (512M) | (460.8M) | (437.8M) | |
Total Liab | 17.9B | 16.6B | 19.0B | 21.1B | 19.0B | 11.2B | |
Total Current Assets | 6.3B | 4.5B | 7.8B | 10.7B | 8.3B | 4.3B | |
Other Current Assets | 616M | 673M | 689M | 754M | (1.1B) | (1.1B) | |
Accounts Payable | 4.3B | 3.2B | 5.2B | 6.2B | 5.0B | 3.2B | |
Intangible Assets | 578M | 526M | 806M | 1.2B | 1.4B | 1.5B | |
Other Assets | 318M | 32.8B | 561M | 978M | 54.3B | 57.0B | |
Other Liab | 8.2B | 8.2B | 8.3B | 8.0B | 9.2B | 9.7B | |
Net Tangible Assets | 24.1B | 22.6B | 21.0B | 22.2B | 25.6B | 26.9B | |
Common Stock Total Equity | 1.5B | 1.4B | 1.4B | 1.4B | 1.6B | 1.6B | |
Long Term Investments | 84.7M | 781M | 757M | 893M | 1.1B | 1.1B | |
Accumulated Other Comprehensive Income | (1.9B) | (2.0B) | (1.2B) | (512M) | (677M) | (710.9M) |
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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 Imperial Oil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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Is Imperial Oil'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 Imperial Oil. If investors know Imperial 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 Imperial Oil 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 0.047 | Dividend Share 2.1 | Earnings Share 6.32 | Revenue Per Share 90.446 | Quarterly Revenue Growth 0.016 |
The market value of Imperial Oil is measured differently than its book value, which is the value of Imperial that is recorded on the company's balance sheet. Investors also form their own opinion of Imperial Oil's value that differs from its market value or its book value, called intrinsic value, which is Imperial Oil'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 Imperial Oil's market value can be influenced by many factors that don't directly affect Imperial Oil'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 Imperial Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imperial Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imperial Oil'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.