IDACORP Property Plant And Equipment Gross vs Other Current Liab Analysis
IDA Stock | USD 118.80 0.84 0.71% |
IDACORP financial indicator trend analysis is infinitely more than just investigating IDACORP recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDACORP is a good investment. Please check the relationship between IDACORP Property Plant And Equipment Gross and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.
Property Plant And Equipment Gross vs Other Current Liab
Property Plant And Equipment Gross vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDACORP Property Plant And Equipment Gross account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IDACORP's Property Plant And Equipment Gross and Other Current Liab is 0.44. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of IDACORP, assuming nothing else is changed. The correlation between historical values of IDACORP's Property Plant And Equipment Gross and Other Current Liab 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 And Equipment Gross of IDACORP are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Gross i.e., IDACORP's Property Plant And Equipment Gross and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Other Current Liab
Most indicators from IDACORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDACORP 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 IDACORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.The current year's Enterprise Value is expected to grow to about 2.7 B, whereas Selling General Administrative is forecasted to decline to about 6.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 332.2M | 330.1M | 316.8M | 458.3M | Total Revenue | 1.5B | 1.6B | 1.8B | 1.2B |
IDACORP fundamental ratios Correlations
Click cells to compare fundamentals
IDACORP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IDACORP fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 50.5M | 50.6M | 50.6M | 50.7M | 50.8M | 46.4M | |
Total Assets | 6.6B | 7.1B | 7.2B | 7.5B | 8.5B | 5.1B | |
Short Long Term Debt Total | 1.8B | 2.1B | 2.1B | 2.2B | 2.8B | 1.6B | |
Other Current Liab | 135.7M | 41.9M | 42.3M | 175.1M | 164.6M | 120.3M | |
Total Current Liabilities | 374.9M | 287.6M | 325.6M | 548.6M | 634.1M | 320.1M | |
Total Stockholder Equity | 2.5B | 2.6B | 2.7B | 2.8B | 2.9B | 1.7B | |
Property Plant And Equipment Net | 4.5B | 4.7B | 4.9B | 5.2B | 5.7B | 3.4B | |
Current Deferred Revenue | 28.5M | 29.3M | 43.5M | 72.2M | 104.3M | 109.5M | |
Net Debt | 1.6B | 1.7B | 1.8B | 2.0B | 2.5B | 1.5B | |
Retained Earnings | 1.6B | 1.7B | 1.8B | 1.9B | 2.0B | 2.1B | |
Accounts Payable | 110.7M | 120.6M | 146.0M | 292.7M | 308.5M | 323.9M | |
Cash | 217.3M | 275.1M | 215.2M | 177.6M | 327.4M | 343.8M | |
Non Current Assets Total | 6.1B | 6.5B | 6.6B | 6.8B | 7.5B | 4.6B | |
Non Currrent Assets Other | 1.4B | 1.6B | 1.6B | 1.6B | 1.6B | 896.7M | |
Cash And Short Term Investments | 217.3M | 300.1M | 215.2M | 177.6M | 327.4M | 343.8M | |
Net Receivables | 159.1M | 160.1M | 183.4M | 199.0M | 267.0M | 168.2M | |
Common Stock Total Equity | 868.3M | 869.2M | 874.9M | 882.2M | 1.0B | 605.2M | |
Liabilities And Stockholders Equity | 6.6B | 7.1B | 7.2B | 7.5B | 8.5B | 5.1B | |
Non Current Liabilities Total | 3.8B | 4.2B | 4.2B | 4.2B | 4.9B | 2.9B | |
Inventory | 114.1M | 96.6M | 95.6M | 107.2M | 160.5M | 168.5M | |
Other Current Assets | 57.0M | 65.4M | 76.9M | 144.9M | 249.1M | 261.6M | |
Other Stockholder Equity | (1.9M) | 2.6B | 6.8M | 2.9B | (1.0) | (0.95) | |
Total Liab | 4.2B | 4.5B | 4.5B | 4.7B | 5.6B | 3.4B | |
Property Plant And Equipment Gross | 4.5B | 4.7B | 4.9B | 5.2B | 8.3B | 8.7B | |
Total Current Assets | 565.1M | 642.4M | 595.9M | 693.7M | 1.0B | 506.8M | |
Accumulated Other Comprehensive Income | (36.3M) | (43.4M) | (40.0M) | (12.9M) | (17.2M) | (18.0M) | |
Short Term Debt | 100M | 95.8M | 93.9M | 0.0 | 49.8M | 90.0M | |
Common Stock | 868.3M | 869.2M | 874.9M | 882.2M | 888.6M | 618.7M | |
Other Liab | 2.1B | 2.2B | 2.2B | 2.0B | 2.3B | 1.2B | |
Other Assets | 1.4B | 1.6B | 1.6B | 1.6B | 1.8B | 1.1B | |
Long Term Debt | 1.7B | 2.0B | 2.0B | 2.2B | 2.8B | 1.6B | |
Property Plant Equipment | 4.5B | 4.7B | 4.9B | 5.2B | 5.9B | 3.7B | |
Noncontrolling Interest In Consolidated Entity | 5.9M | 6.5M | 6.8M | 7.4M | 8.5M | 4.5M | |
Retained Earnings Total Equity | 1.6B | 1.7B | 1.8B | 1.9B | 2.2B | 1.3B | |
Deferred Long Term Liab | 746.2M | 800.3M | 842.4M | 873.9M | 1.0B | 764.9M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether IDACORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDACORP's 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 Idacorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Idacorp Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Electric Utilities 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 IDACORP. If investors know IDACORP 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 IDACORP 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 0.024 | Dividend Share 3.32 | Earnings Share 5.43 | Revenue Per Share 35.553 | Quarterly Revenue Growth 0.034 |
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP's 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 IDACORP's market value can be influenced by many factors that don't directly affect IDACORP's 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 IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP's 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.