IDACORP Total Stockholder Equity vs Intangible Assets 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 Total Stockholder Equity and its Intangible Assets 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.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDACORP Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between IDACORP's Total Stockholder Equity and Intangible Assets is -0.93. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of IDACORP, assuming nothing else is changed. The correlation between historical values of IDACORP's Total Stockholder Equity and Intangible 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 Total Stockholder Equity of IDACORP are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., IDACORP's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Profit332.2M330.1M316.8M458.3M
Total Revenue1.5B1.6B1.8B1.2B

IDACORP fundamental ratios Correlations

0.810.73-0.080.420.760.790.570.760.580.230.280.830.430.280.650.680.850.550.1-0.130.820.340.570.01.0
0.810.970.260.690.981.00.530.940.810.530.61.00.570.60.860.770.990.590.40.10.990.570.9-0.210.82
0.730.970.290.770.940.970.60.980.790.610.630.960.530.630.920.70.950.630.520.080.980.650.95-0.170.74
-0.080.260.290.650.250.260.160.30.360.620.440.230.220.420.25-0.020.160.340.560.220.260.440.43-0.33-0.08
0.420.690.770.650.640.690.610.80.60.760.490.660.550.480.680.30.620.530.640.230.710.620.770.010.43
0.760.980.940.250.640.990.440.880.810.490.610.980.50.610.820.760.960.50.340.160.960.510.88-0.240.78
0.791.00.970.260.690.990.510.930.80.520.60.990.520.60.870.750.980.560.390.110.980.560.91-0.220.8
0.570.530.60.160.610.440.510.670.640.730.470.510.430.460.70.510.530.790.71-0.160.580.760.61-0.020.53
0.760.940.980.30.80.880.930.670.730.630.510.930.560.50.940.680.930.670.530.030.960.640.9-0.170.77
0.580.810.790.360.60.810.80.640.730.80.870.790.40.860.760.630.760.780.720.090.80.860.83-0.160.55
0.230.530.610.620.760.490.520.730.630.80.720.490.340.70.660.280.450.760.950.180.540.90.7-0.170.2
0.280.60.630.440.490.610.60.470.510.870.720.560.231.00.550.430.540.660.720.080.590.830.78-0.120.25
0.831.00.960.230.660.980.990.510.930.790.490.560.570.560.850.770.990.570.350.10.990.530.88-0.20.84
0.430.570.530.220.550.50.520.430.560.40.340.230.570.240.410.370.570.280.250.240.60.280.460.040.44
0.280.60.630.420.480.610.60.460.50.860.71.00.560.240.540.430.550.640.710.120.590.820.78-0.110.26
0.650.860.920.250.680.820.870.70.940.760.660.550.850.410.540.750.860.740.63-0.120.880.720.89-0.310.65
0.680.770.7-0.020.30.760.750.510.680.630.280.430.770.370.430.750.790.480.23-0.150.760.40.69-0.40.67
0.850.990.950.160.620.960.980.530.930.760.450.540.990.570.550.860.790.590.340.030.990.530.87-0.210.86
0.550.590.630.340.530.50.560.790.670.780.760.660.570.280.640.740.480.590.79-0.30.630.910.65-0.080.5
0.10.40.520.560.640.340.390.710.530.720.950.720.350.250.710.630.230.340.790.010.420.940.65-0.140.06
-0.130.10.080.220.230.160.11-0.160.030.090.180.080.10.240.12-0.12-0.150.03-0.30.010.06-0.10.1-0.09-0.11
0.820.990.980.260.710.960.980.580.960.80.540.590.990.60.590.880.760.990.630.420.060.590.9-0.190.83
0.340.570.650.440.620.510.560.760.640.860.90.830.530.280.820.720.40.530.910.94-0.10.590.74-0.050.3
0.570.90.950.430.770.880.910.610.90.830.70.780.880.460.780.890.690.870.650.650.10.90.74-0.280.58
0.0-0.21-0.17-0.330.01-0.24-0.22-0.02-0.17-0.16-0.17-0.12-0.20.04-0.11-0.31-0.4-0.21-0.08-0.14-0.09-0.19-0.05-0.28-0.01
1.00.820.74-0.080.430.780.80.530.770.550.20.250.840.440.260.650.670.860.50.06-0.110.830.30.58-0.01
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IDACORP Account Relationship Matchups

IDACORP fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding50.5M50.6M50.6M50.7M50.8M46.4M
Total Assets6.6B7.1B7.2B7.5B8.5B5.1B
Short Long Term Debt Total1.8B2.1B2.1B2.2B2.8B1.6B
Other Current Liab135.7M41.9M42.3M175.1M164.6M120.3M
Total Current Liabilities374.9M287.6M325.6M548.6M634.1M320.1M
Total Stockholder Equity2.5B2.6B2.7B2.8B2.9B1.7B
Property Plant And Equipment Net4.5B4.7B4.9B5.2B5.7B3.4B
Current Deferred Revenue28.5M29.3M43.5M72.2M104.3M109.5M
Net Debt1.6B1.7B1.8B2.0B2.5B1.5B
Retained Earnings1.6B1.7B1.8B1.9B2.0B2.1B
Accounts Payable110.7M120.6M146.0M292.7M308.5M323.9M
Cash217.3M275.1M215.2M177.6M327.4M343.8M
Non Current Assets Total6.1B6.5B6.6B6.8B7.5B4.6B
Non Currrent Assets Other1.4B1.6B1.6B1.6B1.6B896.7M
Cash And Short Term Investments217.3M300.1M215.2M177.6M327.4M343.8M
Net Receivables159.1M160.1M183.4M199.0M267.0M168.2M
Common Stock Total Equity868.3M869.2M874.9M882.2M1.0B605.2M
Liabilities And Stockholders Equity6.6B7.1B7.2B7.5B8.5B5.1B
Non Current Liabilities Total3.8B4.2B4.2B4.2B4.9B2.9B
Inventory114.1M96.6M95.6M107.2M160.5M168.5M
Other Current Assets57.0M65.4M76.9M144.9M249.1M261.6M
Other Stockholder Equity(1.9M)2.6B6.8M2.9B(1.0)(0.95)
Total Liab4.2B4.5B4.5B4.7B5.6B3.4B
Property Plant And Equipment Gross4.5B4.7B4.9B5.2B8.3B8.7B
Total Current Assets565.1M642.4M595.9M693.7M1.0B506.8M
Accumulated Other Comprehensive Income(36.3M)(43.4M)(40.0M)(12.9M)(17.2M)(18.0M)
Short Term Debt100M95.8M93.9M0.049.8M90.0M
Common Stock868.3M869.2M874.9M882.2M888.6M618.7M
Other Liab2.1B2.2B2.2B2.0B2.3B1.2B
Other Assets1.4B1.6B1.6B1.6B1.8B1.1B
Long Term Debt1.7B2.0B2.0B2.2B2.8B1.6B
Property Plant Equipment4.5B4.7B4.9B5.2B5.9B3.7B
Noncontrolling Interest In Consolidated Entity5.9M6.5M6.8M7.4M8.5M4.5M
Retained Earnings Total Equity1.6B1.7B1.8B1.9B2.2B1.3B
Deferred Long Term Liab746.2M800.3M842.4M873.9M1.0B764.9M

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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.