Intrepid Net Income vs Total Assets Analysis

IPI Stock  USD 20.86  0.46  2.25%   
Intrepid Potash financial indicator trend analysis is infinitely more than just investigating Intrepid Potash recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intrepid Potash is a good investment. Please check the relationship between Intrepid Potash Net Income and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intrepid Potash. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.

Net Income vs Total Assets

Net Income vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intrepid Potash Net Income account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Intrepid Potash's Net Income and Total Assets is 0.18. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Assets in the same time period over historical financial statements of Intrepid Potash, assuming nothing else is changed. The correlation between historical values of Intrepid Potash's Net Income and Total 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 Net Income of Intrepid Potash are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Income i.e., Intrepid Potash's Net Income and Total Assets go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Intrepid Potash financial statement analysis. It represents the amount of money remaining after all of Intrepid Potash operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Assets

Total assets refers to the total amount of Intrepid Potash 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 Intrepid Potash 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.
Most indicators from Intrepid Potash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intrepid Potash 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 Intrepid Potash. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.The Intrepid Potash's current Tax Provision is estimated to increase to about 4.3 M, while Selling General Administrative is projected to decrease to under 24.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M101K802K761.9K
Depreciation And Amortization33.5M43.7M41.5M41.7M

Intrepid Potash fundamental ratios Correlations

0.20.70.430.980.310.91-0.26-0.240.860.480.99-0.510.73-0.040.460.410.12-0.010.320.080.470.140.890.740.65
0.20.02-0.180.1-0.610.39-0.320.490.450.250.19-0.76-0.190.660.440.45-0.740.58-0.37-0.33-0.370.520.060.190.76
0.70.020.560.730.320.590.0-0.410.550.240.72-0.240.65-0.320.230.430.14-0.30.070.020.28-0.130.670.40.36
0.43-0.180.560.450.350.370.44-0.340.210.190.44-0.040.4-0.410.080.390.46-0.380.19-0.160.44-0.080.430.270.09
0.980.10.730.450.330.83-0.23-0.420.820.530.96-0.450.82-0.220.510.410.21-0.20.280.090.52-0.060.850.770.59
0.31-0.610.320.350.330.250.12-0.210.03-0.160.340.450.3-0.28-0.31-0.330.79-0.190.820.340.74-0.090.540.11-0.33
0.910.390.590.370.830.25-0.310.090.810.320.93-0.590.410.250.280.390.020.280.33-0.040.430.430.840.550.72
-0.26-0.320.00.44-0.230.12-0.31-0.2-0.480.2-0.250.320.03-0.22-0.060.30.33-0.24-0.17-0.450.04-0.13-0.12-0.21-0.37
-0.240.49-0.41-0.34-0.42-0.210.09-0.2-0.01-0.51-0.19-0.11-0.650.93-0.43-0.16-0.490.930.11-0.11-0.380.88-0.11-0.420.1
0.860.450.550.210.820.030.81-0.48-0.010.310.84-0.690.560.170.480.49-0.170.150.22-0.040.20.220.650.680.7
0.480.250.240.190.53-0.160.320.2-0.510.310.41-0.420.5-0.190.860.530.04-0.25-0.26-0.320.2-0.230.260.670.46
0.990.190.720.440.960.340.93-0.25-0.190.840.41-0.470.72-0.010.360.420.110.020.310.050.440.180.910.650.64
-0.51-0.76-0.24-0.04-0.450.45-0.590.32-0.11-0.69-0.42-0.47-0.13-0.32-0.6-0.570.46-0.280.250.280.05-0.32-0.18-0.54-0.75
0.73-0.190.650.40.820.30.410.03-0.650.560.50.72-0.13-0.480.450.420.21-0.480.090.050.29-0.390.640.580.3
-0.040.66-0.32-0.41-0.22-0.280.25-0.220.930.17-0.19-0.01-0.32-0.48-0.130.02-0.60.990.02-0.2-0.380.910.02-0.180.32
0.460.440.230.080.51-0.310.28-0.06-0.430.480.860.36-0.60.45-0.130.47-0.15-0.2-0.25-0.130.11-0.210.170.820.52
0.410.450.430.390.41-0.330.390.3-0.160.490.530.42-0.570.420.020.47-0.21-0.08-0.4-0.79-0.12-0.010.220.240.54
0.12-0.740.140.460.210.790.020.33-0.49-0.170.040.110.460.21-0.6-0.15-0.21-0.540.650.130.85-0.430.220.16-0.41
-0.010.58-0.3-0.38-0.2-0.190.28-0.240.930.15-0.250.02-0.28-0.480.99-0.2-0.08-0.540.11-0.08-0.320.950.07-0.170.26
0.32-0.370.070.190.280.820.33-0.170.110.22-0.260.310.250.090.02-0.25-0.40.650.110.360.730.180.430.24-0.15
0.08-0.330.02-0.160.090.34-0.04-0.45-0.11-0.04-0.320.050.280.05-0.2-0.13-0.790.13-0.080.360.22-0.080.20.2-0.21
0.47-0.370.280.440.520.740.430.04-0.380.20.20.440.050.29-0.380.11-0.120.85-0.320.730.22-0.20.510.490.03
0.140.52-0.13-0.08-0.06-0.090.43-0.130.880.22-0.230.18-0.32-0.390.91-0.21-0.01-0.430.950.18-0.08-0.20.22-0.080.29
0.890.060.670.430.850.540.84-0.12-0.110.650.260.91-0.180.640.020.170.220.220.070.430.20.510.220.490.49
0.740.190.40.270.770.110.55-0.21-0.420.680.670.65-0.540.58-0.180.820.240.16-0.170.240.20.49-0.080.490.47
0.650.760.360.090.59-0.330.72-0.370.10.70.460.64-0.750.30.320.520.54-0.410.26-0.15-0.210.030.290.490.47
Click cells to compare fundamentals

Intrepid Potash Account Relationship Matchups

Intrepid Potash fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets578.4M550.2M766.9M794.2M768.5M765.4M
Short Long Term Debt Total73.6M56.9M1.9M2.2M2.2M2.1M
Other Current Liab19.4M32.8M28.9M26.2M33.6M28.2M
Total Current Liabilities87.4M67.2M73.4M48.9M46.5M52.9M
Total Stockholder Equity434.7M411.3M663.4M715.1M684.4M627.9M
Other Liab22.6M24.8M28.2M28.0M32.2M22.9M
Property Plant And Equipment Net378.5M355.5M341.1M375.6M358.2M417.8M
Net Debt53.0M37.4M(34.6M)(16.3M)(1.9M)(1.8M)
Accounts Payable10.0M7.3M9.1M18.6M12.8M11.3M
Cash20.6M19.5M36.5M18.5M4.1M3.9M
Non Current Assets Total433.1M414.4M610.0M622.5M616.5M590.1M
Non Currrent Assets Other35.4M39.7M40.2M32.1M57.4M30.8M
Other Assets35.4M58.9M249.7M211.5M190.3M110.6M
Long Term Debt49.6M29.8M44.7M4M3.6M3.4M
Cash And Short Term Investments20.6M19.5M36.5M24.5M7.0M6.7M
Net Receivables25.0M24.4M36.4M27.5M1.4M1.3M
Common Stock Shares Outstanding13.1M13.0M13.4M13.5M12.8M10.1M
Liabilities And Stockholders Equity578.4M550.2M766.9M794.2M768.5M765.4M
Non Current Liabilities Total56.3M71.7M30.1M30.2M37.6M61.5M
Inventory94.2M88.7M78.9M114.8M114.3M82.7M
Other Current Assets5.5M3.2M5.1M4.9M29.3M30.7M
Other Stockholder Equity653.0M656.8M659.1M638.6M643.6M589.7M
Total Liab143.8M138.9M103.5M79.1M84.0M137.5M
Property Plant And Equipment Gross378.5M355.5M629.6M375.6M709.9M459.0M
Total Current Assets145.3M135.8M156.9M171.7M151.9M175.3M
Short Term Debt39.8M10M1.7M1.6M2.3M2.2M
Property Plant Equipment406.1M384.4M341.1M24.8M28.5M27.1M
Retained Earnings(218.4M)(245.6M)4.2M76.5M40.8M30.5M
Common Stock Total Equity128K129K130K13K11.7K11.1K
Common Stock128K129K130K13K11.7K11.1K
Net Tangible Assets415.5M392.1M644.2M695.9M626.3M482.6M
Retained Earnings Total Equity(218.4M)(245.6M)4.2M76.5M68.8M72.3M
Capital Surpluse653.0M656.8M659.1M660.6M759.7M674.4M
Non Current Liabilities Other26.6M27.0M30.1M30.2M1.3M1.2M
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 Intrepid Potash 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, Intrepid Potash's short interest history, or implied volatility extrapolated from Intrepid Potash options trading.

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When determining whether Intrepid Potash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intrepid Potash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intrepid Potash Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intrepid Potash Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intrepid Potash. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Intrepid Potash's price analysis, check to measure Intrepid Potash's 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 Intrepid Potash is operating at the current time. Most of Intrepid Potash's value examination focuses on studying past and present price action to predict the probability of Intrepid Potash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intrepid Potash's price. Additionally, you may evaluate how the addition of Intrepid Potash to your portfolios can decrease your overall portfolio volatility.
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Is Intrepid Potash'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 Intrepid Potash. If investors know Intrepid 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 Intrepid Potash 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
(0.81)
Earnings Share
(2.80)
Revenue Per Share
18.072
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0053
The market value of Intrepid Potash is measured differently than its book value, which is the value of Intrepid that is recorded on the company's balance sheet. Investors also form their own opinion of Intrepid Potash's value that differs from its market value or its book value, called intrinsic value, which is Intrepid Potash'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 Intrepid Potash's market value can be influenced by many factors that don't directly affect Intrepid Potash'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 Intrepid Potash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intrepid Potash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intrepid Potash'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.