IROQ Intangible Assets vs Earning Assets Analysis
IROQ Stock | USD 16.72 0.10 0.59% |
IF Bancorp financial indicator trend analysis is infinitely more than just investigating IF Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IF Bancorp is a good investment. Please check the relationship between IF Bancorp Intangible Assets and its Earning Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.
Intangible Assets vs Earning Assets
Intangible Assets vs Earning Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IF Bancorp Intangible Assets account and Earning Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between IF Bancorp's Intangible Assets and Earning Assets is -0.56. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Earning Assets in the same time period over historical financial statements of IF Bancorp, assuming nothing else is changed. The correlation between historical values of IF Bancorp's Intangible Assets and Earning 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 Intangible Assets of IF Bancorp are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Intangible Assets i.e., IF Bancorp's Intangible Assets and Earning Assets go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Earning Assets
Most indicators from IF Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IF Bancorp 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 IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.At this time, IF Bancorp's Tax Provision is relatively stable compared to the past year. As of 06/09/2024, Enterprise Value Over EBITDA is likely to grow to 10.12, while Selling General Administrative is likely to drop slightly above 11.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.5M | 10.1M | 11.6M | 5.9M | Depreciation And Amortization | 675K | 663K | 762.5K | 526.8K |
IF Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
IF Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IF Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 735.5M | 797.3M | 857.6M | 849.0M | 976.3M | 676.9M | |
Short Long Term Debt Total | 37.5M | 28M | 15M | 19.5M | 17.6M | 16.7M | |
Other Current Liab | (3.5M) | (3.2M) | (176K) | (1.7M) | (1.5M) | (1.6M) | |
Total Current Liabilities | 3.5M | 3.2M | 176K | 1.7M | 1.9M | 2.0M | |
Total Stockholder Equity | 82.6M | 85.3M | 71.7M | 71.8M | 82.5M | 79.5M | |
Other Liab | 7.9M | 10.2M | 9.6M | 7.9M | 9.0M | 6.8M | |
Property Plant And Equipment Net | 10.2M | 9.8M | 9.5M | 11.1M | 12.8M | 7.5M | |
Net Debt | 4.0M | (34.7M) | (60.8M) | 8.5M | 7.7M | 14.9M | |
Retained Earnings | 31.2M | 35.6M | 40.4M | 43.4M | 49.9M | 40.7M | |
Accounts Payable | 537K | 199K | 176K | 1.7M | 1.9M | 2.0M | |
Cash | 33.5M | 62.7M | 75.8M | 11.0M | 12.6M | 12.0M | |
Non Current Assets Total | 173.3M | 200.7M | 231.9M | 213.9M | 246.0M | 191.6M | |
Non Currrent Assets Other | (3.7M) | (3.9M) | (10.5M) | (12.5M) | (14.3M) | (13.6M) | |
Other Assets | 364.4M | 342.1M | 1.1B | 624.1M | 561.7M | 516.3M | |
Long Term Debt | 34.5M | 25M | 15M | 19.5M | 22.4M | 35.0M | |
Cash And Short Term Investments | 195.9M | 252.6M | 298.2M | 11.0M | 12.6M | 12.0M | |
Net Receivables | 1.9M | 1.9M | 2.0M | 2.8M | 3.2M | 2.1M | |
Common Stock Shares Outstanding | 3.1M | 3.1M | 3.1M | 3.2M | 2.9M | 3.1M | |
Short Term Investments | 162.4M | 189.9M | 220.9M | 201.3M | 231.5M | 135.7M | |
Liabilities And Stockholders Equity | 735.5M | 797.3M | 857.6M | 849.0M | 976.3M | 676.9M | |
Non Current Liabilities Total | 34.5M | 25M | 15M | 19.5M | 17.6M | 34.9M | |
Inventory | (38.8M) | (67.1M) | 120K | (17.8M) | (16.0M) | (16.9M) | |
Other Current Assets | 38.8M | 67.1M | 325.4M | 15.1M | 13.5M | 12.9M | |
Total Liab | 653.0M | 712.0M | 785.9M | 777.2M | 893.8M | 597.3M | |
Property Plant And Equipment Gross | 10.2M | 9.8M | 18.2M | 20.3M | 23.3M | 24.5M | |
Total Current Assets | 197.8M | 254.5M | 625.7M | 11.0M | 9.9M | 9.4M | |
Accumulated Other Comprehensive Income | 4.2M | 1.9M | (17.3M) | (21.6M) | (19.5M) | (18.5M) | |
Intangible Assets | 715K | 1.0M | 1.5M | 1.5M | 1.7M | 1.8M | |
Property Plant Equipment | 10.2M | 9.8M | 9.5M | 11.1M | 12.8M | 7.5M | |
Net Tangible Assets | 82.6M | 85.3M | 71.7M | 71.8M | 64.6M | 65.0M | |
Retained Earnings Total Equity | 38.9M | 35.4M | 31.2M | 35.6M | 41.0M | 36.6M | |
Capital Surpluse | 48.4M | 48.8M | 49.2M | 49.6M | 57.1M | 52.6M | |
Other Stockholder Equity | 47.1M | 47.7M | 48.6M | (12.5M) | (11.3M) | (10.7M) | |
Long Term Investments | 162.4M | 189.9M | 220.9M | 201.3M | 181.2M | 178.9M | |
Non Current Liabilities Other | 73.9M | 30.7M | 44.4M | 38.1M | 34.3M | 44.3M |
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