ICC Sale Purchase Of Stock vs Change To Inventory Analysis

ICCH Stock  USD 23.24  0.17  0.74%   
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 Sale Purchase Of Stock and its Change To Inventory 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.

Sale Purchase Of Stock vs Change To Inventory

Sale Purchase Of Stock vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICC Holdings Sale Purchase Of Stock account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ICC Holdings' Sale Purchase Of Stock and Change To Inventory is -0.44. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Change To Inventory 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' Sale Purchase Of Stock and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of ICC Holdings are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Sale Purchase Of Stock i.e., ICC Holdings' Sale Purchase Of Stock and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Sale Purchase Of Stock

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 Expense235.0K196.1K184.1K199.6K
Depreciation And Amortization708.4K693.1K763.8K773.9K

ICC Holdings fundamental ratios Correlations

0.97-0.680.290.92-0.660.92-0.730.760.970.380.47-0.14-0.080.910.590.98-0.84-0.42-0.820.880.880.98-0.920.10.88
0.97-0.660.270.83-0.640.84-0.610.820.970.280.43-0.140.060.980.510.94-0.71-0.29-0.870.770.920.93-0.86-0.040.89
-0.68-0.66-0.73-0.560.42-0.570.64-0.75-0.710.06-0.59-0.55-0.1-0.660.04-0.640.730.290.76-0.48-0.67-0.660.740.13-0.82
0.290.27-0.730.14-0.340.15-0.110.530.38-0.40.360.80.160.29-0.440.31-0.470.03-0.470.070.410.25-0.26-0.20.51
0.920.83-0.560.14-0.721.0-0.770.480.860.670.53-0.28-0.320.720.780.92-0.85-0.72-0.590.980.620.97-0.830.330.67
-0.66-0.640.42-0.34-0.72-0.720.31-0.38-0.73-0.57-0.140.220.27-0.56-0.52-0.70.640.460.54-0.69-0.44-0.710.42-0.3-0.47
0.920.84-0.570.151.0-0.72-0.750.490.870.660.54-0.27-0.320.730.770.92-0.84-0.71-0.590.980.630.97-0.830.330.67
-0.73-0.610.64-0.11-0.770.31-0.75-0.5-0.65-0.37-0.430.030.02-0.53-0.5-0.670.840.570.53-0.74-0.52-0.750.88-0.02-0.69
0.760.82-0.750.530.48-0.380.49-0.50.78-0.230.280.250.280.880.040.69-0.620.08-0.950.410.930.67-0.72-0.260.96
0.970.97-0.710.380.86-0.730.87-0.650.780.330.39-0.070.00.920.480.98-0.81-0.33-0.830.810.890.95-0.880.030.88
0.380.280.06-0.40.67-0.570.66-0.37-0.230.330.15-0.68-0.540.160.850.4-0.33-0.750.020.68-0.060.5-0.250.56-0.05
0.470.43-0.590.360.53-0.140.54-0.430.280.390.150.32-0.080.380.220.43-0.42-0.65-0.270.490.30.52-0.460.010.36
-0.14-0.14-0.550.8-0.280.22-0.270.030.25-0.07-0.680.320.24-0.09-0.78-0.14-0.10.19-0.1-0.330.06-0.19-0.02-0.30.19
-0.080.06-0.10.16-0.320.27-0.320.020.280.0-0.54-0.080.240.1-0.39-0.130.140.48-0.19-0.390.23-0.17-0.04-1.00.19
0.910.98-0.660.290.72-0.560.73-0.530.880.920.160.38-0.090.10.390.87-0.61-0.14-0.920.650.950.86-0.8-0.080.9
0.590.510.04-0.440.78-0.520.77-0.50.040.480.850.22-0.78-0.390.390.59-0.45-0.66-0.190.820.240.67-0.450.420.21
0.980.94-0.640.310.92-0.70.92-0.670.690.980.40.43-0.14-0.130.870.59-0.83-0.41-0.750.890.850.97-0.890.150.83
-0.84-0.710.73-0.47-0.850.64-0.840.84-0.62-0.81-0.33-0.42-0.10.14-0.61-0.45-0.830.550.65-0.83-0.65-0.850.84-0.14-0.79
-0.42-0.290.290.03-0.720.46-0.710.570.08-0.33-0.75-0.650.190.48-0.14-0.66-0.410.550.01-0.720.03-0.560.39-0.44-0.11
-0.82-0.870.76-0.47-0.590.54-0.590.53-0.95-0.830.02-0.27-0.1-0.19-0.92-0.19-0.750.650.01-0.51-0.91-0.750.720.16-0.93
0.880.77-0.480.070.98-0.690.98-0.740.410.810.680.49-0.33-0.390.650.820.89-0.83-0.72-0.510.570.94-0.790.40.6
0.880.92-0.670.410.62-0.440.63-0.520.930.89-0.060.30.060.230.950.240.85-0.650.03-0.910.570.79-0.82-0.20.95
0.980.93-0.660.250.97-0.710.97-0.750.670.950.50.52-0.19-0.170.860.670.97-0.85-0.56-0.750.940.79-0.890.190.81
-0.92-0.860.74-0.26-0.830.42-0.830.88-0.72-0.88-0.25-0.46-0.02-0.04-0.8-0.45-0.890.840.390.72-0.79-0.82-0.890.03-0.88
0.1-0.040.13-0.20.33-0.30.33-0.02-0.260.030.560.01-0.3-1.0-0.080.420.15-0.14-0.440.160.4-0.20.190.03-0.18
0.880.89-0.820.510.67-0.470.67-0.690.960.88-0.050.360.190.190.90.210.83-0.79-0.11-0.930.60.950.81-0.88-0.18
Click cells to compare fundamentals

ICC Holdings Account Relationship Matchups

ICC Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets163.0M183.9M200.1M192.3M199.7M177.2M
Short Long Term Debt Total7.0M13.5M18.5M15M17.3M10.0M
Other Current Liab(375.0K)(369.9M)(191.6M)4.6M(597.5M)(567.6M)
Total Current Liabilities375.0K371.2K1.4M22.0K67.8M71.1M
Total Stockholder Equity66.3M72.7M74.9M60.6M67.0M61.3M
Other Liab38.6M2.5M2.0M1.1M992.4K942.8K
Net Tangible Assets66.3M72.7M74.9M60.6M69.6M59.9M
Property Plant And Equipment Net3.0M2.9M3.1M3.3M3.3M2.7M
Net Debt(3.2M)6.9M13.8M11.9M13.5M14.2M
Retained Earnings36.6M40.1M44.4M43.8M47.8M40.6M
Cash6.6M6.6M4.6M3.1M1.5M1.4M
Non Current Assets Total109.6M125.0M135.4M6.6M155.3M96.8M
Non Currrent Assets Other(109.6M)(125.0M)(135.4M)(202.6M)143.4M150.6M
Other Assets(78.9M)(90.3M)(87.7M)23.9M(12.1M)(12.7M)
Long Term Debt3.5M13.5M18.5M15M17.3M9.0M
Cash And Short Term Investments98.7M112.3M110.4M96.5M1.5M1.4M
Net Receivables33.6M36.9M41.9M44.9M50.1M34.6M
Common Stock Shares Outstanding3.0M3.0M3.1M3.0M3.0M2.6M
Liabilities And Stockholders Equity163.0M183.9M200.1M192.3M199.7M177.2M
Non Current Liabilities Total3.5M14.7M19.4M131.7M64.9M41.4M
Other Current Assets33.1M860.9K967.0K947.9K755.1K717.3K
Other Stockholder Equity26.7M29.6M29.8M25.5M25.7M21.6M
Total Liab96.6M111.2M125.3M131.7M132.7M115.9M
Long Term Investments106.5M122.1M132.2M116.6M126.0M112.9M
Property Plant And Equipment Gross3.5M3.3M3.0M2.9M2.6M2.8M
Total Current Assets132.3M149.2M152.5M161.7M44.4M42.2M
Accumulated Other Comprehensive Income3.0M5.5M2.9M(8.8M)(6.6M)(6.3M)
Short Term Debt3.5M3.5M13.5M18.5M21.2M22.3M
Intangible Assets5.3M5.4M6.5M7.2M8.6M6.0M
Property Plant Equipment3.0M2.9M3.1M3.3M3.0M2.7M
Accounts Payable375.0K371.2K1.4M1.4M1.1M1.1M
Good Will71.8M(1.1B)(826.0M)78.9M71.0M74.5M
Retained Earnings Total Equity37.8M33.7M36.6M40.1M46.2M27.2M
Short Term Investments92.1M105.7M105.8M93.4M4.7M4.5M
Capital Surpluse32.3M32.5M32.7M32.8M37.7M23.9M
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.