Impax Ebit vs Net Income Analysis

IEM Stock

376.50 3.00 0.80%

Impax Environmental financial indicator trend analysis is infinitely more than just investigating Impax Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Impax Environmental is a good investment. Please check the relationship between Impax Environmental Ebit and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Impax Environmental Markets. 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 economic analysis.

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Impax Environmental Ebit account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Impax Environmental's Ebit and Net Income is 0.93. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income in the same time period over historical financial statements of Impax Environmental Markets, assuming nothing else is changed. The correlation between historical values of Impax Environmental's Ebit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Impax Environmental Markets are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebit i.e., Impax Environmental's Ebit and Net Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Ebit

Net Income

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

Most indicators from Impax Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Impax Environmental 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 Impax Environmental Markets. 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 economic analysis.

The current year's Tax Provision is expected to grow to about 1.7 M, whereas Selling General Administrative is forecasted to decline to about 1.2 M.

Impax Environmental fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Inventory	Other Current Assets	Short Long Term Debt Total	Net Tangible Assets	Long Term Debt	Long Term Investments
Total Assets		-0.28	0.64	1.0	0.67	-0.2	0.84	1.0	-1.0	-0.14	0.84	0.26	0.3	0.25	0.85	0.79	0.86	0.83	0.46	0.62	-0.12	0.21	0.75	0.96	0.84	0.95
Other Current Liab	-0.28		0.27	-0.29	0.07	0.1	-0.39	-0.28	0.3	0.07	-0.39	0.01	-0.04	-0.13	-0.07	-0.3	-0.07	-0.37	-0.14	-0.44	0.05	-0.11	-0.14	-0.26	-0.32	-0.35
Total Current Liabilities	0.64	0.27		0.63	0.82	-0.1	0.22	0.65	-0.62	-0.17	0.22	0.11	0.27	0.48	0.78	0.63	0.78	0.22	0.37	-0.09	-0.14	0.24	0.73	0.77	0.53	0.52
Total Stockholder Equity	1.0	-0.29	0.63		0.65	-0.19	0.85	1.0	-1.0	-0.15	0.85	0.27	0.31	0.24	0.83	0.8	0.84	0.83	0.46	0.64	-0.12	0.22	0.74	0.95	0.84	0.95
Net Debt	0.67	0.07	0.82	0.65		-0.39	0.31	0.68	-0.65	0.03	0.31	-0.04	0.12	0.41	0.95	0.49	0.94	0.3	0.23	-0.05	-0.08	0.07	0.69	0.77	0.5	0.52
Accounts Payable	-0.2	0.1	-0.1	-0.19	-0.39		-0.04	-0.2	0.19	-0.19	-0.04	0.73	0.32	-0.32	-0.33	-0.28	-0.32	0.03	0.21	0.06	0.02	0.06	-0.17	-0.28	-0.08	-0.21
Cash	0.84	-0.39	0.22	0.85	0.31	-0.04		0.83	-0.86	-0.16	1.0	0.44	0.16	-0.13	0.59	0.54	0.6	1.0	0.28	0.81	0.03	0.01	0.55	0.7	0.78	0.88
Non Current Assets Total	1.0	-0.28	0.65	1.0	0.68	-0.2	0.83		-1.0	-0.14	0.83	0.26	0.31	0.25	0.85	0.8	0.86	0.82	0.46	0.61	-0.12	0.22	0.75	0.96	0.84	0.95
Non Currrent Assets Other	-1.0	0.3	-0.62	-1.0	-0.65	0.19	-0.86	-1.0		0.14	-0.86	-0.27	-0.31	-0.2	-0.83	-0.79	-0.84	-0.84	-0.47	-0.64	0.12	-0.21	-0.76	-0.95	-0.86	-0.96
Other Assets	-0.14	0.07	-0.17	-0.15	0.03	-0.19	-0.16	-0.14	0.14		-0.16	-0.07	-0.12	-0.16	-0.04	-0.25	-0.04	-0.16	-0.14	-0.19	-0.08	-0.27	-0.15	-0.17	-0.17	-0.16
Cash And Short Term Investments	0.84	-0.39	0.22	0.85	0.31	-0.04	1.0	0.83	-0.86	-0.16		0.44	0.16	-0.13	0.59	0.54	0.6	1.0	0.28	0.81	0.03	0.01	0.55	0.7	0.78	0.88
Net Receivables	0.26	0.01	0.11	0.27	-0.04	0.73	0.44	0.26	-0.27	-0.07	0.44		0.25	-0.15	0.12	0.12	0.14	0.52	0.21	0.37	-0.08	0.2	0.21	0.18	0.38	0.26
Common Stock Total Equity	0.3	-0.04	0.27	0.31	0.12	0.32	0.16	0.31	-0.31	-0.12	0.16	0.25		-0.06	0.16	0.41	0.16	0.18	0.98	0.1	-0.12	0.19	0.25	0.19	0.23	0.17
Common Stock Shares Outstanding	0.25	-0.13	0.48	0.24	0.41	-0.32	-0.13	0.25	-0.2	-0.16	-0.13	-0.15	-0.06		0.33	0.56	0.32	-0.14	-0.02	-0.22	-0.17	0.29	0.19	0.44	0.08	0.13
Non Current Liabilities Total	0.85	-0.07	0.78	0.83	0.95	-0.33	0.59	0.85	-0.83	-0.04	0.59	0.12	0.16	0.33		0.6	1.0	0.57	0.29	0.22	-0.06	0.07	0.76	0.89	0.68	0.73
Other Stockholder Equity	0.79	-0.3	0.63	0.8	0.49	-0.28	0.54	0.8	-0.79	-0.25	0.54	0.12	0.41	0.56	0.6		0.61	0.52	0.54	0.36	-0.26	0.44	0.72	0.84	0.75	0.77
Total Liab	0.86	-0.07	0.78	0.84	0.94	-0.32	0.6	0.86	-0.84	-0.04	0.6	0.14	0.16	0.32	1.0	0.61		0.59	0.29	0.24	-0.06	0.08	0.76	0.89	0.69	0.74
Total Current Assets	0.83	-0.37	0.22	0.83	0.3	0.03	1.0	0.82	-0.84	-0.16	1.0	0.52	0.18	-0.14	0.57	0.52	0.59		0.29	0.8	0.02	0.03	0.55	0.69	0.79	0.87
Common Stock	0.46	-0.14	0.37	0.46	0.23	0.21	0.28	0.46	-0.47	-0.14	0.28	0.21	0.98	-0.02	0.29	0.54	0.29	0.29		0.19	-0.15	0.23	0.43	0.36	0.41	0.35
Retained Earnings	0.62	-0.44	-0.09	0.64	-0.05	0.06	0.81	0.61	-0.64	-0.19	0.81	0.37	0.1	-0.22	0.22	0.36	0.24	0.8	0.19		-0.19	0.34	0.24	0.44	0.58	0.71
Inventory	-0.12	0.05	-0.14	-0.12	-0.08	0.02	0.03	-0.12	0.12	-0.08	0.03	-0.08	-0.12	-0.17	-0.06	-0.26	-0.06	0.02	-0.15	-0.19		-0.64	-0.19	-0.16	-0.21	-0.14
Other Current Assets	0.21	-0.11	0.24	0.22	0.07	0.06	0.01	0.22	-0.21	-0.27	0.01	0.2	0.19	0.29	0.07	0.44	0.08	0.03	0.23	0.34	-0.64		0.29	0.28	0.33	0.26
Short Long Term Debt Total	0.75	-0.14	0.73	0.74	0.69	-0.17	0.55	0.75	-0.76	-0.15	0.55	0.21	0.25	0.19	0.76	0.72	0.76	0.55	0.43	0.24	-0.19	0.29		0.82	0.91	0.8
Net Tangible Assets	0.96	-0.26	0.77	0.95	0.77	-0.28	0.7	0.96	-0.95	-0.17	0.7	0.18	0.19	0.44	0.89	0.84	0.89	0.69	0.36	0.44	-0.16	0.28	0.82		0.83	0.91
Long Term Debt	0.84	-0.32	0.53	0.84	0.5	-0.08	0.78	0.84	-0.86	-0.17	0.78	0.38	0.23	0.08	0.68	0.75	0.69	0.79	0.41	0.58	-0.21	0.33	0.91	0.83		0.93
Long Term Investments	0.95	-0.35	0.52	0.95	0.52	-0.21	0.88	0.95	-0.96	-0.16	0.88	0.26	0.17	0.13	0.73	0.77	0.74	0.87	0.35	0.71	-0.14	0.26	0.8	0.91	0.93

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Impax Environmental Account Relationship Matchups

Impax Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	688.9M	1.1B	1.5B	1.3B	1.3B	1.4B
Other Current Liab	(77K)	(1.5M)	(98K)	(51.7M)	3.8M	4.0M
Total Current Liabilities	77K	1.6M	3.0M	133K	7.6M	8.0M
Total Stockholder Equity	657.0M	1.1B	1.5B	1.3B	1.2B	1.3B
Net Debt	16.3M	18.9M	20.8M	25.3M	70.3M	73.8M
Accounts Payable	77K	1.5M	98K	133K	119.7K	113.7K
Cash	13.8M	30.0M	28.3M	26.3M	16.8M	11.7M
Non Current Assets Total	674.9M	1.1B	1.5B	1.3B	1.3B	1.4B
Non Currrent Assets Other	(674.9M)	(1.1B)	(1.5B)	(1.3B)	(1.3B)	(1.2B)
Other Assets	481.6M	23K	58K	90K	39K	37.1K
Cash And Short Term Investments	13.8M	30.0M	28.3M	26.3M	16.8M	11.7M
Net Receivables	203K	3.9M	274K	512K	586K	585.8K
Liabilities And Stockholders Equity	688.9M	1.1B	1.5B	1.3B	1.3B	1.4B
Non Current Liabilities Total	30.1M	48.9M	49.1M	51.6M	87.1M	91.5M
Other Stockholder Equity	62.2M	239.1M	388.3M	423.1M	423.1M	444.3M
Total Liab	32.0M	53.7M	52.7M	53.7M	91.0M	95.5M
Total Current Assets	14.0M	34.1M	28.6M	26.9M	17.6M	12.3M
Retained Earnings	439.1M	669.9M	903.8M	670.5M	14.9M	14.2M
Other Current Assets	95K	143.0K	23K	198.0K	205K	215.3K
Accumulated Other Comprehensive Income	133.1M	157.7M	157.7M	151.7M	753.9M	791.6M
Short Long Term Debt Total	30.1M	48.9M	49.1M	51.6M	87.1M	46.1M
Net Tangible Assets	450.0M	657.0M	1.1B	1.5B	1.7B	1.8B
Long Term Debt	29.4M	30.7M	30.1M	48.9M	56.2M	36.3M
Long Term Investments	674.9M	1.1B	1.5B	1.3B	1.3B	898.6M
Net Invested Capital	687.1M	1.1B	1.5B	1.3B	1.3B	1.1B

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Other Information on Investing in Impax Stock

Balance Sheet is a snapshot of the financial position of Impax Environmental at a specified time, usually calculated after every quarter, six months, or one year. Impax Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Impax Environmental and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Impax currently owns. An asset can also be divided into two categories, current and non-current.

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Impax Ebit vs Net Income Analysis

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

Correlation Coefficient

Ebit

Net Income

Impax Environmental fundamental ratios Correlations

Impax Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Impax Environmental fundamental ratios Accounts

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Other Information on Investing in Impax Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments

Non Currrent Assets Other	- 1.0	Non Current Assets Total
Non Currrent Assets Other	- 1.0	Total Stockholder Equity
Non Currrent Assets Other	- 1.0	Total Assets
Long Term Investments	- 0.96	Non Currrent Assets Other
Net Tangible Assets	- 0.95	Non Currrent Assets Other
Long Term Debt	- 0.86	Non Currrent Assets Other