Installed Net Income vs Capital Expenditures 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 Net Income and its Capital Expenditures 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.

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Installed Building Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Installed Building's Net Income and Capital Expenditures is 0.87. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures 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 Net Income and Capital Expenditures 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 Installed Building Products are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Installed Building's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

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

Capital Expenditures

Capital Expenditures are funds used by Installed Building to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Installed Building operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 11/22/2024, 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

Interest Expense Depreciation And Amortization

Installed Building fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.99	0.98	0.91	0.98	0.9	-0.44	0.88	0.96	0.91	0.97	1.0	0.88	0.97	0.99	1.0	-0.42	-0.49	0.99	0.98	0.93	-0.44	0.9	0.88	1.0	0.99
Short Long Term Debt Total	0.99		0.98	0.93	0.95	0.92	-0.34	0.92	0.93	0.92	0.96	0.99	0.87	0.97	0.98	0.98	-0.43	-0.43	1.0	0.97	0.89	-0.42	0.93	0.83	0.99	0.98
Other Current Liab	0.98	0.98		0.91	0.95	0.9	-0.37	0.88	0.94	0.89	0.97	0.98	0.88	0.96	0.96	0.98	-0.39	-0.48	0.98	0.97	0.88	-0.44	0.91	0.84	0.98	0.99
Total Current Liabilities	0.91	0.93	0.91		0.85	0.99	-0.17	0.98	0.81	0.99	0.85	0.92	0.77	0.86	0.89	0.89	-0.44	-0.13	0.92	0.89	0.74	-0.3	0.99	0.68	0.89	0.9
Total Stockholder Equity	0.98	0.95	0.95	0.85		0.84	-0.58	0.8	0.98	0.85	0.96	0.97	0.87	0.95	0.98	0.98	-0.44	-0.54	0.95	0.96	0.96	-0.4	0.83	0.94	0.98	0.97
Property Plant And Equipment Net	0.9	0.92	0.9	0.99	0.84		-0.16	0.96	0.8	0.97	0.85	0.91	0.77	0.86	0.88	0.87	-0.44	-0.14	0.91	0.87	0.74	-0.29	0.98	0.68	0.89	0.89
Current Deferred Revenue	-0.44	-0.34	-0.37	-0.17	-0.58	-0.16		-0.06	-0.62	-0.2	-0.5	-0.4	-0.45	-0.48	-0.48	-0.47	0.03	0.7	-0.36	-0.44	-0.71	0.43	-0.14	-0.8	-0.47	-0.43
Net Debt	0.88	0.92	0.88	0.98	0.8	0.96	-0.06		0.77	0.98	0.8	0.9	0.7	0.81	0.87	0.87	-0.45	-0.1	0.91	0.88	0.68	-0.3	0.98	0.6	0.87	0.86
Retained Earnings	0.96	0.93	0.94	0.81	0.98	0.8	-0.62	0.77		0.81	0.96	0.95	0.83	0.95	0.97	0.97	-0.37	-0.65	0.94	0.96	0.95	-0.55	0.81	0.94	0.97	0.96
Accounts Payable	0.91	0.92	0.89	0.99	0.85	0.97	-0.2	0.98	0.81		0.83	0.92	0.75	0.84	0.9	0.9	-0.44	-0.11	0.91	0.89	0.75	-0.3	0.98	0.69	0.89	0.89
Cash	0.97	0.96	0.97	0.85	0.96	0.85	-0.5	0.8	0.96	0.83		0.95	0.94	1.0	0.94	0.96	-0.37	-0.58	0.96	0.94	0.95	-0.48	0.85	0.9	0.98	0.97
Non Current Assets Total	1.0	0.99	0.98	0.92	0.97	0.91	-0.4	0.9	0.95	0.92	0.95		0.86	0.96	0.99	1.0	-0.44	-0.45	0.99	0.98	0.9	-0.41	0.91	0.86	0.99	0.99
Non Currrent Assets Other	0.88	0.87	0.88	0.77	0.87	0.77	-0.45	0.7	0.83	0.75	0.94	0.86		0.94	0.83	0.86	-0.39	-0.43	0.87	0.82	0.9	-0.26	0.76	0.84	0.89	0.87
Cash And Short Term Investments	0.97	0.97	0.96	0.86	0.95	0.86	-0.48	0.81	0.95	0.84	1.0	0.96	0.94		0.95	0.96	-0.38	-0.55	0.97	0.93	0.95	-0.46	0.86	0.9	0.98	0.96
Net Receivables	0.99	0.98	0.96	0.89	0.98	0.88	-0.48	0.87	0.97	0.9	0.94	0.99	0.83	0.95		0.99	-0.43	-0.49	0.98	0.98	0.92	-0.44	0.88	0.9	0.99	0.98
Good Will	1.0	0.98	0.98	0.89	0.98	0.87	-0.47	0.87	0.97	0.9	0.96	1.0	0.86	0.96	0.99		-0.42	-0.51	0.98	0.99	0.92	-0.46	0.89	0.89	0.99	0.98
Common Stock Total Equity	-0.42	-0.43	-0.39	-0.44	-0.44	-0.44	0.03	-0.45	-0.37	-0.44	-0.37	-0.44	-0.39	-0.38	-0.43	-0.42		-0.06	-0.4	-0.38	-0.35	-0.44	-0.41	-0.31	-0.41	-0.4
Common Stock Shares Outstanding	-0.49	-0.43	-0.48	-0.13	-0.54	-0.14	0.7	-0.1	-0.65	-0.11	-0.58	-0.45	-0.43	-0.55	-0.49	-0.51	-0.06		-0.46	-0.51	-0.63	0.68	-0.17	-0.67	-0.52	-0.5
Non Current Liabilities Total	0.99	1.0	0.98	0.92	0.95	0.91	-0.36	0.91	0.94	0.91	0.96	0.99	0.87	0.97	0.98	0.98	-0.4	-0.46		0.97	0.89	-0.47	0.93	0.83	0.99	0.98
Inventory	0.98	0.97	0.97	0.89	0.96	0.87	-0.44	0.88	0.96	0.89	0.94	0.98	0.82	0.93	0.98	0.99	-0.38	-0.51	0.97		0.88	-0.48	0.89	0.85	0.98	0.98
Other Current Assets	0.93	0.89	0.88	0.74	0.96	0.74	-0.71	0.68	0.95	0.75	0.95	0.9	0.9	0.95	0.92	0.92	-0.35	-0.63	0.89	0.88		-0.46	0.73	0.98	0.94	0.9
Other Stockholder Equity	-0.44	-0.42	-0.44	-0.3	-0.4	-0.29	0.43	-0.3	-0.55	-0.3	-0.48	-0.41	-0.26	-0.46	-0.44	-0.46	-0.44	0.68	-0.47	-0.48	-0.46		-0.37	-0.47	-0.46	-0.43
Total Liab	0.9	0.93	0.91	0.99	0.83	0.98	-0.14	0.98	0.81	0.98	0.85	0.91	0.76	0.86	0.88	0.89	-0.41	-0.17	0.93	0.89	0.73	-0.37		0.66	0.89	0.89
Property Plant And Equipment Gross	0.88	0.83	0.84	0.68	0.94	0.68	-0.8	0.6	0.94	0.69	0.9	0.86	0.84	0.9	0.9	0.89	-0.31	-0.67	0.83	0.85	0.98	-0.47	0.66		0.9	0.87
Total Current Assets	1.0	0.99	0.98	0.89	0.98	0.89	-0.47	0.87	0.97	0.89	0.98	0.99	0.89	0.98	0.99	0.99	-0.41	-0.52	0.99	0.98	0.94	-0.46	0.89	0.9		0.99
Short Term Debt	0.99	0.98	0.99	0.9	0.97	0.89	-0.43	0.86	0.96	0.89	0.97	0.99	0.87	0.96	0.98	0.98	-0.4	-0.5	0.98	0.98	0.9	-0.43	0.89	0.87	0.99

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Installed Building Account Relationship Matchups

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

0.64

Brunswick

Pair Corr

Moving against Installed Stock

0.34

FORD

Forward Industries

Pair Corr

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.

Pair Correlation Correlation Matching

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.

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