Interpublic Change To Netincome vs Depreciation Analysis

0JCK Stock   30.36  0.62  2.00%   
Interpublic Group financial indicator trend analysis is infinitely more than just investigating Interpublic Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Interpublic Group is a good investment. Please check the relationship between Interpublic Group Change To Netincome and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Interpublic Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Netincome vs Depreciation

Change To Netincome vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Interpublic Group Change To Netincome account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Interpublic Group's Change To Netincome and Depreciation is 0.44. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Depreciation in the same time period over historical financial statements of Interpublic Group of, assuming nothing else is changed. The correlation between historical values of Interpublic Group's Change To Netincome and 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 Change To Netincome of Interpublic Group of are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Netincome i.e., Interpublic Group's Change To Netincome and Depreciation go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Netincome

Depreciation

Depreciation indicates how much of Interpublic Group value has been used up. For tax purposes Interpublic Group can deduct the cost of the tangible assets it purchases as business expenses. However, Interpublic Group of must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Interpublic Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Interpublic Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Interpublic Group of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 50.3 M in 2024. Tax Provision is likely to drop to about 6.8 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.6B2.1B1.5B
Total Revenue10.2B10.9B9.4B9.7B

Interpublic Group fundamental ratios Correlations

0.850.970.930.930.660.860.90.460.930.73-0.340.450.90.94-0.54-0.490.92-0.330.72-0.611.00.90.11-0.520.96
0.850.760.740.790.520.710.650.340.80.6-0.080.340.730.83-0.4-0.310.79-0.180.66-0.570.860.71-0.08-0.510.82
0.970.760.930.920.620.850.960.490.890.75-0.380.480.890.88-0.58-0.540.86-0.390.68-0.580.960.910.1-0.490.9
0.930.740.930.80.440.840.920.580.770.56-0.560.580.870.81-0.4-0.340.74-0.380.72-0.550.890.96-0.02-0.370.8
0.930.790.920.80.740.820.80.340.950.85-0.150.330.790.88-0.56-0.560.91-0.190.6-0.590.950.750.15-0.540.95
0.660.520.620.440.740.80.47-0.320.870.83-0.05-0.330.730.83-0.82-0.90.87-0.180.64-0.820.690.290.31-0.730.79
0.860.710.850.840.820.80.790.110.890.73-0.430.110.930.9-0.72-0.740.86-0.350.8-0.890.850.70.19-0.730.84
0.90.650.960.920.80.470.790.580.770.62-0.490.570.860.77-0.51-0.450.74-0.420.59-0.470.880.940.13-0.420.77
0.460.340.490.580.34-0.320.110.580.150.04-0.271.00.170.170.290.380.15-0.10.020.290.420.75-0.130.240.28
0.930.80.890.770.950.870.890.770.150.87-0.190.140.880.98-0.71-0.70.99-0.260.72-0.740.950.690.21-0.660.98
0.730.60.750.560.850.830.730.620.040.87-0.010.030.640.78-0.65-0.780.84-0.010.53-0.580.760.460.03-0.550.8
-0.34-0.08-0.38-0.56-0.15-0.05-0.43-0.49-0.27-0.19-0.01-0.27-0.47-0.30.340.14-0.150.71-0.40.35-0.27-0.490.020.24-0.19
0.450.340.480.580.33-0.330.110.571.00.140.03-0.270.160.160.290.390.14-0.10.020.290.410.74-0.130.250.27
0.90.730.890.870.790.730.930.860.170.880.64-0.470.160.92-0.71-0.640.85-0.490.82-0.790.880.780.15-0.630.84
0.940.830.880.810.880.830.90.770.170.980.78-0.30.160.92-0.71-0.650.97-0.350.79-0.770.950.730.17-0.660.97
-0.54-0.4-0.58-0.4-0.56-0.82-0.72-0.510.29-0.71-0.650.340.29-0.71-0.710.9-0.690.6-0.560.82-0.57-0.29-0.30.87-0.6
-0.49-0.31-0.54-0.34-0.56-0.9-0.74-0.450.38-0.7-0.780.140.39-0.64-0.650.9-0.680.26-0.560.8-0.51-0.19-0.240.75-0.57
0.920.790.860.740.910.870.860.740.150.990.84-0.150.140.850.97-0.69-0.68-0.220.69-0.720.940.670.26-0.670.98
-0.33-0.18-0.39-0.38-0.19-0.18-0.35-0.42-0.1-0.26-0.010.71-0.1-0.49-0.350.60.26-0.22-0.420.42-0.31-0.39-0.050.48-0.25
0.720.660.680.720.60.640.80.590.020.720.53-0.40.020.820.79-0.56-0.560.69-0.42-0.740.70.59-0.24-0.520.7
-0.61-0.57-0.58-0.55-0.59-0.82-0.89-0.470.29-0.74-0.580.350.29-0.79-0.770.820.8-0.720.42-0.74-0.61-0.36-0.230.86-0.65
1.00.860.960.890.950.690.850.880.420.950.76-0.270.410.880.95-0.57-0.510.94-0.310.7-0.610.860.14-0.540.98
0.90.710.910.960.750.290.70.940.750.690.46-0.490.740.780.73-0.29-0.190.67-0.390.59-0.360.860.0-0.270.75
0.11-0.080.1-0.020.150.310.190.13-0.130.210.030.02-0.130.150.17-0.3-0.240.26-0.05-0.24-0.230.140.0-0.350.2
-0.52-0.51-0.49-0.37-0.54-0.73-0.73-0.420.24-0.66-0.550.240.25-0.63-0.660.870.75-0.670.48-0.520.86-0.54-0.27-0.35-0.57
0.960.820.90.80.950.790.840.770.280.980.8-0.190.270.840.97-0.6-0.570.98-0.250.7-0.650.980.750.2-0.57
Click cells to compare fundamentals

Interpublic Group Account Relationship Matchups

Interpublic Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.8B18.0B19.9B18.8B19.3B17.1B
Other Current Liab1.4B1.4B1.6B1.4B1.3B1.3B
Total Current Liabilities9.4B9.6B10.9B10.0B10.3B9.6B
Total Stockholder Equity2.8B2.9B3.5B3.6B3.9B2.9B
Property Plant And Equipment Net2.4B2.1B2.2B1.9B1.8B1.3B
Net Debt3.8B2.7B1.5B2.0B2.3B1.3B
Retained Earnings2.7B2.6B3.2B3.6B4.3B2.5B
Accounts Payable7.2B7.3B9.0B8.2B8.4B7.9B
Cash1.2B2.5B3.3B2.5B2.4B2.0B
Non Current Assets Total9.0B8.7B8.7B8.5B8.3B7.3B
Non Currrent Assets Other5.4B5.4B5.3B5.5B693.1M658.4M
Other Assets720M726.4M701M1.00.90.86
Cash And Short Term Investments1.2B2.5B3.3B2.5B2.4B2.0B
Net Receivables7.1B6.5B7.5B7.3B8.0B7.3B
Good Will4.9B4.9B4.9B5.1B5.1B4.7B
Common Stock Shares Outstanding391.2M393.2M398.4M395.1M385.9M327.3M
Non Current Liabilities Total5.3B5.4B5.4B5.1B4.9B4.2B
Other Current Assets435.2M391.5M436.9M440.9M566.3M438.2M
Other Stockholder Equity977.3M1.1B1.2B937.3M596M935.7M
Total Liab14.8B15.0B16.3B15.1B15.2B13.9B
Total Current Assets8.8B9.4B11.2B10.3B11.0B9.7B
Intangible Assets1.0B933.6M847.5M818.1M743.6M901.0M
Common Stock38.3M38.7M39M39.3M38.9M32.9M
Short Long Term Debt Total5.0B5.2B4.8B4.5B4.7B3.6B
Liabilities And Stockholders Equity17.8B18.0B19.9B18.8B19.3B17.3B
Accumulated Other Comprehensive Income(930M)(880.2M)(894.2M)(993.7M)(946.2M)(993.5M)
Short Term Debt821.6M819M314M280.8M536.9M413.7M
Long Term Debt1.3B3.7B2.8B2.9B3.4B2.6B
Capital Surpluse955.2M895.9M977.3M1.1B989.4M820.3M
Property Plant Equipment2.4B2.1B2.2B1.9B2.2B1.7B
Other Liab1.1B1.1B929.8M866.7M780.0M864.7M
Net Tangible Assets(3.1B)(3.0B)(2.2B)(2.2B)(2.6B)(2.7B)
Current Deferred Revenue585.6M657.8M688.5M680M81.2M77.1M

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