ICC Property Plant Equipment vs Total Assets Analysis
ICCH Stock | USD 23.07 0.00 0.00% |
ICC Holdings financial indicator trend analysis is infinitely more than just investigating ICC Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ICC Holdings is a good investment. Please check the relationship between ICC Holdings Property Plant Equipment and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.
Property Plant Equipment vs Total Assets
Property Plant Equipment vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICC Holdings Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between ICC Holdings' Property Plant Equipment and Total Assets is -0.79. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of ICC Holdings, assuming nothing else is changed. The correlation between historical values of ICC Holdings' Property Plant Equipment 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 Property Plant Equipment of ICC Holdings 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 Property Plant Equipment i.e., ICC Holdings' Property Plant Equipment and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant Equipment
Total Assets
Total assets refers to the total amount of ICC Holdings 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 ICC Holdings 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 ICC Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ICC Holdings 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 ICC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.The ICC Holdings' current Tax Provision is estimated to increase to about 1.3 M, while Selling General Administrative is projected to decrease to under 621.4 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 235.0K | 196.1K | 184.1K | 199.6K | Depreciation And Amortization | 708.4K | 693.1K | 763.8K | 773.9K |
ICC Holdings fundamental ratios Correlations
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ICC Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ICC Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 163.0M | 183.9M | 200.1M | 192.3M | 199.7M | 177.2M | |
Short Long Term Debt Total | 7.0M | 13.5M | 18.5M | 15M | 17.3M | 10.0M | |
Other Current Liab | (375.0K) | (369.9M) | (191.6M) | 4.6M | (597.5M) | (567.6M) | |
Total Current Liabilities | 375.0K | 371.2K | 1.4M | 22.0K | 67.8M | 71.1M | |
Total Stockholder Equity | 66.3M | 72.7M | 74.9M | 60.6M | 67.0M | 61.3M | |
Other Liab | 38.6M | 2.5M | 2.0M | 1.1M | 992.4K | 942.8K | |
Net Tangible Assets | 66.3M | 72.7M | 74.9M | 60.6M | 69.6M | 59.9M | |
Property Plant And Equipment Net | 3.0M | 2.9M | 3.1M | 3.3M | 3.3M | 2.7M | |
Net Debt | (3.2M) | 6.9M | 13.8M | 11.9M | 13.5M | 14.2M | |
Retained Earnings | 36.6M | 40.1M | 44.4M | 43.8M | 47.8M | 40.6M | |
Cash | 6.6M | 6.6M | 4.6M | 3.1M | 1.5M | 1.4M | |
Non Current Assets Total | 109.6M | 125.0M | 135.4M | 6.6M | 155.3M | 96.8M | |
Non Currrent Assets Other | (109.6M) | (125.0M) | (135.4M) | (202.6M) | 143.4M | 150.6M | |
Other Assets | (78.9M) | (90.3M) | (87.7M) | 23.9M | (12.1M) | (12.7M) | |
Long Term Debt | 3.5M | 13.5M | 18.5M | 15M | 17.3M | 9.0M | |
Cash And Short Term Investments | 98.7M | 112.3M | 110.4M | 96.5M | 1.5M | 1.4M | |
Net Receivables | 33.6M | 36.9M | 41.9M | 44.9M | 50.1M | 34.6M | |
Common Stock Shares Outstanding | 3.0M | 3.0M | 3.1M | 3.0M | 3.0M | 2.6M | |
Liabilities And Stockholders Equity | 163.0M | 183.9M | 200.1M | 192.3M | 199.7M | 177.2M | |
Non Current Liabilities Total | 3.5M | 14.7M | 19.4M | 131.7M | 64.9M | 41.4M | |
Other Current Assets | 33.1M | 860.9K | 967.0K | 947.9K | 755.1K | 717.3K | |
Other Stockholder Equity | 26.7M | 29.6M | 29.8M | 25.5M | 25.7M | 21.6M | |
Total Liab | 96.6M | 111.2M | 125.3M | 131.7M | 132.7M | 115.9M | |
Long Term Investments | 106.5M | 122.1M | 132.2M | 116.6M | 126.0M | 112.9M | |
Property Plant And Equipment Gross | 3.5M | 3.3M | 3.0M | 2.9M | 2.6M | 2.8M | |
Total Current Assets | 132.3M | 149.2M | 152.5M | 161.7M | 44.4M | 42.2M | |
Accumulated Other Comprehensive Income | 3.0M | 5.5M | 2.9M | (8.8M) | (6.6M) | (6.3M) | |
Short Term Debt | 3.5M | 3.5M | 13.5M | 18.5M | 21.2M | 22.3M | |
Intangible Assets | 5.3M | 5.4M | 6.5M | 7.2M | 8.6M | 6.0M | |
Property Plant Equipment | 3.0M | 2.9M | 3.1M | 3.3M | 3.0M | 2.7M | |
Accounts Payable | 375.0K | 371.2K | 1.4M | 1.4M | 1.1M | 1.1M | |
Good Will | 71.8M | (1.1B) | (826.0M) | 78.9M | 71.0M | 74.5M | |
Retained Earnings Total Equity | 37.8M | 33.7M | 36.6M | 40.1M | 46.2M | 27.2M | |
Short Term Investments | 92.1M | 105.7M | 105.8M | 93.4M | 4.7M | 4.5M | |
Capital Surpluse | 32.3M | 32.5M | 32.7M | 32.8M | 37.7M | 23.9M | |
Inventory | (33.1M) | (32.2M) | (34.8M) | (15.2M) | (162.5M) | (154.4M) |
Currently Active Assets on Macroaxis
When determining whether ICC Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICC Holdings' 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 Icc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icc Holdings Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Property & Casualty Insurance space 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 ICC Holdings. If investors know ICC 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 ICC Holdings 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 0.415 | Earnings Share 2.16 | Revenue Per Share 31.33 | Quarterly Revenue Growth 0.233 | Return On Assets 0.024 |
The market value of ICC Holdings is measured differently than its book value, which is the value of ICC that is recorded on the company's balance sheet. Investors also form their own opinion of ICC Holdings' value that differs from its market value or its book value, called intrinsic value, which is ICC Holdings' 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 ICC Holdings' market value can be influenced by many factors that don't directly affect ICC Holdings' 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 ICC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ICC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICC Holdings' 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.