IES Good Will vs Total Current Liabilities 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 Liabilities 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 Liabilities
Good Will vs Total Current Liabilities 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 Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IES Holdings' Good Will and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities 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 Liabilities 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 Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., IES Holdings' Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very 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 Liabilities
Total Current Liabilities is an item on IES Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IES Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 Expense | 3M | 3.0M | 2.7M | 2.7M | Depreciation And Amortization | 25.5M | 29.4M | 26.5M | 27.8M |
IES Holdings fundamental ratios Correlations
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IES Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IES Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 21.1M | 21.1M | 20.9M | 20.4M | 18.4M | 17.3M | |
Total Assets | 560.5M | 766.6M | 934.7M | 981.6M | 883.4M | 927.6M | |
Short Long Term Debt Total | 20.7M | 68.3M | 137.0M | 61.6M | 55.4M | 72.7M | |
Other Current Liab | 138.1M | 159.6M | 196.7M | 138.7M | 159.5M | 167.5M | |
Total Current Liabilities | 242.4M | 311.6M | 401.9M | 400.6M | 460.7M | 483.7M | |
Total Stockholder Equity | 283.3M | 345.9M | 361.3M | 450.0M | 405.0M | 425.2M | |
Property Plant And Equipment Net | 56.4M | 78.4M | 110.3M | 137.5M | 158.1M | 166.0M | |
Net Debt | (32.9M) | 45.2M | 112.2M | (14.2M) | (12.8M) | (12.1M) | |
Retained Earnings | 107M | 173.1M | 203.2M | 295.8M | 340.2M | 357.2M | |
Cash | 53.6M | 23.1M | 24.8M | 75.8M | 87.1M | 91.5M | |
Non Current Assets Total | 189.2M | 282.4M | 310.2M | 310.3M | 279.3M | 148.2M | |
Non Currrent Assets Other | 5.8M | 7.0M | 12.7M | 23.5M | 21.2M | 10.7M | |
Cash And Short Term Investments | 53.6M | 23.1M | 24.8M | 75.8M | 87.1M | 91.5M | |
Net Receivables | 283.8M | 371.4M | 487.9M | 489.4M | 562.8M | 590.9M | |
Good Will | 50.6M | 53.8M | 92.4M | 92.4M | 83.2M | 85.1M | |
Liabilities And Stockholders Equity | 560.5M | 766.6M | 934.7M | 981.6M | 883.4M | 927.6M | |
Non Current Liabilities Total | 33M | 84.5M | 142.3M | 81.1M | 73.0M | 68.1M | |
Inventory | 24.9M | 68.6M | 96.3M | 95.7M | 110.0M | 115.5M | |
Other Current Assets | 9.2M | 21.1M | 15.4M | 10.5M | 9.4M | 12.5M | |
Other Stockholder Equity | 176.1M | 172.6M | 157.9M | 154.0M | 138.6M | 190.1M | |
Total Liab | 275.4M | 396.1M | 544.2M | 481.7M | 433.5M | 455.2M | |
Property Plant And Equipment Gross | 56.4M | 78.4M | 110.3M | 196.2M | 225.6M | 236.9M | |
Total Current Assets | 371.5M | 484.2M | 624.4M | 671.3M | 772.0M | 810.6M | |
Current Deferred Revenue | 55.7M | 62.5M | 84.9M | 103.8M | 119.3M | 125.3M | |
Accounts Payable | 93.3M | 137.0M | 185.0M | 138.6M | 124.7M | 80.0M | |
Other Liab | 1.9M | 11.0M | 13.2M | 22.6M | 20.3M | 21.3M | |
Long Term Debt | 299K | 217K | 39.7M | 81.6M | 73.5M | 53.5M | |
Intangible Assets | 39.4M | 85.6M | 71.9M | 56.2M | 50.6M | 64.8M | |
Property Plant Equipment | 25.7M | 24.6M | 35.5M | 54.4M | 49.0M | 51.4M | |
Treasury Stock | (12.5M) | (24.5M) | (29.3M) | (44M) | (39.6M) | (37.6M) | |
Net Tangible Assets | 169.0M | 190.2M | 167.9M | 197.0M | 226.5M | 135.3M | |
Noncontrolling Interest In Consolidated Entity | 3.3M | 1.8M | 24.6M | 29.2M | 33.6M | 35.3M | |
Retained Earnings Total Equity | 65.6M | 107.0M | 173.1M | 203.2M | 233.7M | 245.4M | |
Long Term Debt Total | 299K | 217K | 39.7M | 81.6M | 93.9M | 98.6M |
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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.