IES Good Will vs Total Current Assets Analysis

IESC Stock  USD 270.47  4.87  1.83%   
IES Holdings financial indicator trend analysis is infinitely more than just investigating IES Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IES Holdings is a good investment. Please check the relationship between IES Holdings Good Will and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IES 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 state.
For information on how to trade IES Stock refer to our How to Trade IES Stock guide.

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IES Holdings Good Will account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IES Holdings' Good Will and Total Current Assets is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of IES Holdings, assuming nothing else is changed. The correlation between historical values of IES Holdings' Good Will and Total Current 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 Good Will of IES Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., IES Holdings' Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from IES Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IES 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 IES 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 state.
For information on how to trade IES Stock refer to our How to Trade IES Stock guide.At present, IES Holdings' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 64 K, whereas Discontinued Operations is forecasted to decline to (409.3 K).
 2021 2022 2023 2024 (projected)
Interest Expense3M3.0M2.7M2.7M
Depreciation And Amortization25.5M29.4M26.5M27.8M

IES Holdings fundamental ratios Correlations

0.450.340.280.340.510.190.090.190.280.560.160.280.350.510.350.190.140.840.410.130.330.260.27-0.430.23
0.450.780.90.970.980.930.420.930.630.890.810.630.980.980.860.930.70.140.990.880.960.940.84-0.150.47
0.340.780.680.720.70.660.770.650.270.760.520.270.710.760.940.730.630.130.820.570.690.640.78-0.070.61
0.280.90.680.920.830.870.490.830.510.750.710.510.910.870.830.880.85-0.020.930.790.890.870.83-0.150.23
0.340.970.720.920.940.980.340.940.720.780.830.721.00.920.810.970.70.090.960.941.00.990.76-0.220.43
0.510.980.70.830.940.90.310.930.650.90.760.650.950.970.780.860.590.210.930.850.930.910.77-0.120.49
0.190.930.660.870.980.90.260.950.770.720.860.770.980.860.770.980.67-0.040.920.990.990.990.71-0.130.41
0.090.420.770.490.340.310.260.29-0.330.520.18-0.330.340.480.750.390.53-0.10.520.140.30.220.710.060.2
0.190.930.650.830.940.930.950.290.670.790.80.670.950.90.730.910.59-0.10.890.930.940.940.750.050.45
0.280.630.270.510.720.650.77-0.330.670.370.681.00.710.520.350.690.310.180.580.830.760.80.21-0.240.31
0.560.890.760.750.780.90.720.520.790.370.690.370.80.930.830.710.560.170.870.640.760.710.88-0.040.51
0.160.810.520.710.830.760.860.180.80.680.690.680.820.720.660.850.52-0.120.80.870.840.860.69-0.190.4
0.280.630.270.510.720.650.77-0.330.671.00.370.680.710.520.350.690.310.180.580.830.760.80.21-0.240.31
0.350.980.710.911.00.950.980.340.950.710.80.820.710.930.810.970.680.090.960.941.00.990.76-0.180.43
0.510.980.760.870.920.970.860.480.90.520.930.720.520.930.850.860.680.170.960.790.910.870.86-0.080.43
0.350.860.940.830.810.780.770.750.730.350.830.660.350.810.850.830.750.050.920.670.790.740.89-0.070.43
0.190.930.730.880.970.860.980.390.910.690.710.850.690.970.860.830.73-0.030.940.960.970.970.74-0.180.41
0.140.70.630.850.70.590.670.530.590.310.560.520.310.680.680.750.73-0.060.760.590.680.650.7-0.220.26
0.840.140.13-0.020.090.21-0.04-0.1-0.10.180.17-0.120.180.090.170.05-0.03-0.060.11-0.060.080.03-0.17-0.660.11
0.410.990.820.930.960.930.920.520.890.580.870.80.580.960.960.920.940.760.110.850.950.920.87-0.170.45
0.130.880.570.790.940.850.990.140.930.830.640.870.830.940.790.670.960.59-0.060.850.960.980.6-0.140.4
0.330.960.690.891.00.930.990.30.940.760.760.840.761.00.910.790.970.680.080.950.960.990.73-0.210.42
0.260.940.640.870.990.910.990.220.940.80.710.860.80.990.870.740.970.650.030.920.980.990.69-0.190.4
0.270.840.780.830.760.770.710.710.750.210.880.690.210.760.860.890.740.7-0.170.870.60.730.690.130.4
-0.43-0.15-0.07-0.15-0.22-0.12-0.130.060.05-0.24-0.04-0.19-0.24-0.18-0.08-0.07-0.18-0.22-0.66-0.17-0.14-0.21-0.190.13-0.1
0.230.470.610.230.430.490.410.20.450.310.510.40.310.430.430.430.410.260.110.450.40.420.40.4-0.1
Click cells to compare fundamentals

IES Holdings Account Relationship Matchups

IES Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding21.1M21.1M20.9M20.4M18.4M17.3M
Total Assets560.5M766.6M934.7M981.6M883.4M927.6M
Short Long Term Debt Total20.7M68.3M137.0M61.6M55.4M72.7M
Other Current Liab138.1M159.6M196.7M138.7M159.5M167.5M
Total Current Liabilities242.4M311.6M401.9M400.6M460.7M483.7M
Total Stockholder Equity283.3M345.9M361.3M450.0M405.0M425.2M
Property Plant And Equipment Net56.4M78.4M110.3M137.5M158.1M166.0M
Net Debt(32.9M)45.2M112.2M(14.2M)(12.8M)(12.1M)
Retained Earnings107M173.1M203.2M295.8M340.2M357.2M
Cash53.6M23.1M24.8M75.8M87.1M91.5M
Non Current Assets Total189.2M282.4M310.2M310.3M279.3M148.2M
Non Currrent Assets Other5.8M7.0M12.7M23.5M21.2M10.7M
Cash And Short Term Investments53.6M23.1M24.8M75.8M87.1M91.5M
Net Receivables283.8M371.4M487.9M489.4M562.8M590.9M
Good Will50.6M53.8M92.4M92.4M83.2M85.1M
Liabilities And Stockholders Equity560.5M766.6M934.7M981.6M883.4M927.6M
Non Current Liabilities Total33M84.5M142.3M81.1M73.0M68.1M
Inventory24.9M68.6M96.3M95.7M110.0M115.5M
Other Current Assets9.2M21.1M15.4M10.5M9.4M12.5M
Other Stockholder Equity176.1M172.6M157.9M154.0M138.6M190.1M
Total Liab275.4M396.1M544.2M481.7M433.5M455.2M
Property Plant And Equipment Gross56.4M78.4M110.3M196.2M225.6M236.9M
Total Current Assets371.5M484.2M624.4M671.3M772.0M810.6M
Current Deferred Revenue55.7M62.5M84.9M103.8M119.3M125.3M
Accounts Payable93.3M137.0M185.0M138.6M124.7M80.0M
Other Liab1.9M11.0M13.2M22.6M20.3M21.3M
Long Term Debt299K217K39.7M81.6M73.5M53.5M
Intangible Assets39.4M85.6M71.9M56.2M50.6M64.8M
Property Plant Equipment25.7M24.6M35.5M54.4M49.0M51.4M
Treasury Stock(12.5M)(24.5M)(29.3M)(44M)(39.6M)(37.6M)
Net Tangible Assets169.0M190.2M167.9M197.0M226.5M135.3M
Noncontrolling Interest In Consolidated Entity3.3M1.8M24.6M29.2M33.6M35.3M
Retained Earnings Total Equity65.6M107.0M173.1M203.2M233.7M245.4M
Long Term Debt Total299K217K39.7M81.6M93.9M98.6M

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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 IES Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IES 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 Ies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ies Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IES 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 state.
For information on how to trade IES Stock refer to our How to Trade IES Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Construction & Engineering 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 IES Holdings. If investors know IES 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 IES 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
2.296
Earnings Share
7.91
Revenue Per Share
136.443
Quarterly Revenue Growth
0.315
Return On Assets
0.1711
The market value of IES Holdings is measured differently than its book value, which is the value of IES that is recorded on the company's balance sheet. Investors also form their own opinion of IES Holdings' value that differs from its market value or its book value, called intrinsic value, which is IES 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 IES Holdings' market value can be influenced by many factors that don't directly affect IES 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 IES Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IES Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IES 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.