Installed Ebit vs Ebitda Analysis
IBP Stock | USD 217.09 5.85 2.77% |
Installed Building financial indicator trend analysis is infinitely more than just investigating Installed Building recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Installed Building is a good investment. Please check the relationship between Installed Building Ebit and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Installed Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Ebit vs Ebitda
Ebit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Installed Building Ebit account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between Installed Building's Ebit and Ebitda is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Installed Building Products, assuming nothing else is changed. The correlation between historical values of Installed Building's Ebit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Installed Building Products are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Ebit i.e., Installed Building's Ebit and Ebitda go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Ebitda
Most indicators from Installed Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Installed Building 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 Installed Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, Installed Building's Tax Provision is relatively stable compared to the past year. As of 11/24/2024, Sales General And Administrative To Revenue is likely to grow to 0.17, while Selling General Administrative is likely to drop slightly above 192.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 32.8M | 41.6M | 37M | 19.6M | Depreciation And Amortization | 102.9M | 117.7M | 125.7M | 132.0M |
Installed Building fundamental ratios Correlations
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Installed Building Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Installed Building fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.2B | 1.7B | 1.8B | 2.0B | 2.1B | |
Short Long Term Debt Total | 620.8M | 623.0M | 937.4M | 946.0M | 954.8M | 1.0B | |
Other Current Liab | 39.3M | 70.0M | 94.1M | 90.6M | 93.6M | 98.3M | |
Total Current Liabilities | 214.1M | 236.5M | 307.6M | 328.1M | 346.4M | 189.0M | |
Total Stockholder Equity | 250.0M | 319.2M | 416.8M | 493.5M | 670.3M | 703.8M | |
Property Plant And Equipment Net | 152.1M | 157.8M | 175.8M | 194.9M | 215.3M | 108.9M | |
Current Deferred Revenue | 33.6M | 45.9M | 51.0M | 28.5M | (109.2M) | (103.7M) | |
Net Debt | 442.9M | 391.5M | 603.9M | 716.4M | 568.3M | 322.9M | |
Retained Earnings | 173.4M | 269.4M | 352.5M | 513.1M | 693.8M | 728.5M | |
Accounts Payable | 98.9M | 101.5M | 132.7M | 149.2M | 158.6M | 92.6M | |
Cash | 177.9M | 231.5M | 333.5M | 229.6M | 386.5M | 405.8M | |
Non Current Assets Total | 517.5M | 563.7M | 793.9M | 894.5M | 911.3M | 956.9M | |
Non Currrent Assets Other | 16.2M | 17.7M | 31.1M | 8.8M | 28.5M | 29.9M | |
Cash And Short Term Investments | 215.9M | 231.5M | 333.5M | 229.6M | 386.5M | 405.8M | |
Net Receivables | 244.5M | 266.6M | 312.8M | 426.7M | 455M | 477.8M | |
Good Will | 195.7M | 216.9M | 322.5M | 373.6M | 398.8M | 418.7M | |
Common Stock Total Equity | 329K | 331K | 333K | 334K | 300.6K | 285.6K | |
Common Stock Shares Outstanding | 29.9M | 29.7M | 29.6M | 28.9M | 28.3M | 24.0M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 1.7B | 1.8B | 2.0B | 2.1B | |
Non Current Liabilities Total | 635.3M | 632.0M | 928.8M | 957.4M | 964.6M | 1.0B | |
Inventory | 74.6M | 77.2M | 143.0M | 176.6M | 162.8M | 170.9M | |
Other Current Assets | 47.0M | 48.7M | 70.0M | 51.5M | 131.4M | 138.0M | |
Other Stockholder Equity | 83.5M | 58.2M | 64.2M | (60.5M) | (57.5M) | (54.6M) | |
Total Liab | 849.4M | 868.5M | 1.2B | 1.3B | 1.3B | 668.1M | |
Property Plant And Equipment Gross | 152.1M | 157.8M | 175.8M | 194.9M | 511.8M | 537.4M | |
Total Current Assets | 581.9M | 623.9M | 859.3M | 884.4M | 1.1B | 1.1B | |
Accumulated Other Comprehensive Income | (7.1M) | (8.8M) | (227K) | 40.6M | 33.7M | 35.4M | |
Short Term Debt | 42.4M | 65.0M | 80.8M | 88.2M | 94.2M | 98.9M | |
Intangible Assets | 153.6M | 171.4M | 264.4M | 283.5M | 268.7M | 138.9M | |
Common Stock | 329K | 331K | 333K | 334K | 300K | 285K | |
Other Liab | 56.9M | 53.2M | 47.2M | 71.0M | 81.7M | 42.7M | |
Other Assets | 16.2M | 180.0M | 31.1M | 42.5M | 48.9M | 33.9M | |
Long Term Debt | 545.0M | 542.0M | 832.2M | 830.2M | 835.1M | 466.3M | |
Property Plant Equipment | 106.4M | 104.0M | 175.8M | 194.9M | 224.2M | 235.4M | |
Net Tangible Assets | (99.2M) | (132.0M) | (170.1M) | 493.5M | 567.5M | 595.9M | |
Retained Earnings Total Equity | 173.4M | 269.4M | 352.5M | 513.1M | 590.1M | 619.6M | |
Long Term Debt Total | 548.6M | 542.0M | 832.2M | 836.6M | 962.1M | 1.0B | |
Capital Surpluse | 190.2M | 199.8M | 211.4M | 228.8M | 263.2M | 202.4M | |
Capital Lease Obligations | 51.6M | 57.7M | 74.3M | 84.8M | 87.5M | 44.5M |
Pair Trading with Installed Building
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Installed Building position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Installed Building will appreciate offsetting losses from the drop in the long position's value.Moving together with Installed Stock
Moving against Installed Stock
The ability to find closely correlated positions to Installed Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Installed Building when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Installed Building - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Installed Building Products to buy it.
The correlation of Installed Building is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Installed Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Installed Building moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Installed Building can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Installed Stock Analysis
When running Installed Building's price analysis, check to measure Installed Building'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 Installed Building is operating at the current time. Most of Installed Building's value examination focuses on studying past and present price action to predict the probability of Installed Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Installed Building's price. Additionally, you may evaluate how the addition of Installed Building to your portfolios can decrease your overall portfolio volatility.