IDEX Gross Profit vs Ev To Sales Analysis

IEX Stock

USD 230.63 0.47 0.20%

IDEX financial indicator trend analysis is infinitely more than just investigating IDEX recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDEX is a good investment. Please check the relationship between IDEX Gross Profit and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Gross Profit vs Ev To Sales

Gross Profit vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDEX Gross Profit account and Ev To Sales. At this time, the significance of the direction appears to have strong relationship.

The correlation between IDEX's Gross Profit and Ev To Sales is 0.69. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of IDEX Corporation, assuming nothing else is changed. The correlation between historical values of IDEX's Gross Profit and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of IDEX Corporation are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Gross Profit i.e., IDEX's Gross Profit and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of IDEX Corporation minus its cost of goods sold. It is profit before IDEX operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from IDEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDEX 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 IDEX Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Enterprise Value is likely to rise to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 374.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.4B	1.4B	1.5B
Total Revenue	2.8B	3.2B	3.3B	3.4B

Gross Profit Total Revenue

IDEX fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Other Current Liab	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.97	0.95	1.0	0.99	0.58	0.98	0.64	0.99	0.39	0.64	0.97	-0.68	0.98	0.98	0.53	-0.64	0.99	0.91	0.93	0.66	0.73	0.89	0.64	0.64	0.88
Short Long Term Debt Total	0.97		0.95	0.95	0.97	0.71	0.93	0.53	0.98	0.25	0.53	0.97	-0.68	0.99	0.98	0.57	-0.59	0.99	0.84	0.94	0.62	0.73	0.89	0.64	0.65	0.83
Total Current Liabilities	0.95	0.95		0.93	0.94	0.54	0.92	0.66	0.92	0.25	0.66	0.96	-0.76	0.94	0.95	0.63	-0.59	0.96	0.91	0.84	0.75	0.81	0.81	0.71	0.72	0.8
Total Stockholder Equity	1.0	0.95	0.93		0.99	0.55	0.98	0.65	0.98	0.44	0.65	0.96	-0.65	0.96	0.96	0.5	-0.65	0.97	0.9	0.92	0.63	0.69	0.89	0.61	0.61	0.88
Property Plant And Equipment Net	0.99	0.97	0.94	0.99		0.64	0.97	0.57	0.99	0.37	0.57	0.98	-0.7	0.97	0.97	0.5	-0.64	0.97	0.86	0.93	0.63	0.7	0.87	0.66	0.66	0.86
Net Debt	0.58	0.71	0.54	0.55	0.64		0.53	-0.23	0.69	-0.24	-0.23	0.67	-0.32	0.65	0.68	0.29	-0.26	0.63	0.22	0.79	0.17	0.36	0.68	0.32	0.32	0.36
Retained Earnings	0.98	0.93	0.92	0.98	0.97	0.53		0.65	0.97	0.42	0.65	0.94	-0.6	0.95	0.94	0.4	-0.78	0.95	0.89	0.91	0.63	0.68	0.88	0.55	0.56	0.92
Cash	0.64	0.53	0.66	0.65	0.57	-0.23	0.65		0.53	0.64	1.0	0.53	-0.56	0.59	0.53	0.43	-0.5	0.61	0.9	0.35	0.66	0.58	0.4	0.51	0.51	0.71
Non Current Assets Total	0.99	0.98	0.92	0.98	0.99	0.69	0.97	0.53		0.33	0.53	0.97	-0.63	0.98	0.98	0.49	-0.63	0.98	0.84	0.97	0.59	0.68	0.91	0.59	0.6	0.85
Non Currrent Assets Other	0.39	0.25	0.25	0.44	0.37	-0.24	0.42	0.64	0.33		0.64	0.23	-0.16	0.29	0.21	0.24	-0.31	0.29	0.51	0.24	0.1	0.0	0.31	0.16	0.16	0.51
Cash And Short Term Investments	0.64	0.53	0.66	0.65	0.57	-0.23	0.65	1.0	0.53	0.64		0.53	-0.56	0.59	0.53	0.43	-0.5	0.61	0.9	0.35	0.66	0.58	0.4	0.51	0.51	0.71
Net Receivables	0.97	0.97	0.96	0.96	0.98	0.67	0.94	0.53	0.97	0.23	0.53		-0.76	0.97	0.99	0.56	-0.56	0.98	0.85	0.92	0.69	0.78	0.85	0.71	0.72	0.8
Common Stock Shares Outstanding	-0.68	-0.68	-0.76	-0.65	-0.7	-0.32	-0.6	-0.56	-0.63	-0.16	-0.56	-0.76		-0.7	-0.68	-0.64	0.21	-0.72	-0.73	-0.46	-0.85	-0.82	-0.33	-0.97	-0.97	-0.54
Non Current Liabilities Total	0.98	0.99	0.94	0.96	0.97	0.65	0.95	0.59	0.98	0.29	0.59	0.97	-0.7		0.98	0.56	-0.61	1.0	0.88	0.93	0.67	0.76	0.87	0.65	0.66	0.87
Inventory	0.98	0.98	0.95	0.96	0.97	0.68	0.94	0.53	0.98	0.21	0.53	0.99	-0.68	0.98		0.52	-0.59	0.98	0.85	0.94	0.66	0.77	0.89	0.64	0.64	0.81
Other Current Assets	0.53	0.57	0.63	0.5	0.5	0.29	0.4	0.43	0.49	0.24	0.43	0.56	-0.64	0.56	0.52		0.05	0.58	0.59	0.42	0.51	0.57	0.43	0.63	0.63	0.38
Other Stockholder Equity	-0.64	-0.59	-0.59	-0.65	-0.64	-0.26	-0.78	-0.5	-0.63	-0.31	-0.5	-0.56	0.21	-0.61	-0.59	0.05		-0.61	-0.59	-0.59	-0.43	-0.43	-0.64	-0.14	-0.15	-0.83
Total Liab	0.99	0.99	0.96	0.97	0.97	0.63	0.95	0.61	0.98	0.29	0.61	0.98	-0.72	1.0	0.98	0.58	-0.61		0.89	0.92	0.69	0.78	0.87	0.67	0.68	0.86
Total Current Assets	0.91	0.84	0.91	0.9	0.86	0.22	0.89	0.9	0.84	0.51	0.9	0.85	-0.73	0.88	0.85	0.59	-0.59	0.89		0.7	0.77	0.77	0.7	0.68	0.68	0.85
Intangible Assets	0.93	0.94	0.84	0.92	0.93	0.79	0.91	0.35	0.97	0.24	0.35	0.92	-0.46	0.93	0.94	0.42	-0.59	0.92	0.7		0.42	0.56	0.95	0.44	0.44	0.77
Other Current Liab	0.66	0.62	0.75	0.63	0.63	0.17	0.63	0.66	0.59	0.1	0.66	0.69	-0.85	0.67	0.66	0.51	-0.43	0.69	0.77	0.42		0.96	0.39	0.86	0.85	0.63
Accounts Payable	0.73	0.73	0.81	0.69	0.7	0.36	0.68	0.58	0.68	0.0	0.58	0.78	-0.82	0.76	0.77	0.57	-0.43	0.78	0.77	0.56	0.96		0.53	0.84	0.84	0.63
Property Plant And Equipment Gross	0.89	0.89	0.81	0.89	0.87	0.68	0.88	0.4	0.91	0.31	0.4	0.85	-0.33	0.87	0.89	0.43	-0.64	0.87	0.7	0.95	0.39	0.53		0.31	0.32	0.77
Common Stock Total Equity	0.64	0.64	0.71	0.61	0.66	0.32	0.55	0.51	0.59	0.16	0.51	0.71	-0.97	0.65	0.64	0.63	-0.14	0.67	0.68	0.44	0.86	0.84	0.31		1.0	0.47
Common Stock	0.64	0.65	0.72	0.61	0.66	0.32	0.56	0.51	0.6	0.16	0.51	0.72	-0.97	0.66	0.64	0.63	-0.15	0.68	0.68	0.44	0.85	0.84	0.32	1.0		0.47
Other Liab	0.88	0.83	0.8	0.88	0.86	0.36	0.92	0.71	0.85	0.51	0.71	0.8	-0.54	0.87	0.81	0.38	-0.83	0.86	0.85	0.77	0.63	0.63	0.77	0.47	0.47

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IDEX Account Relationship Matchups

IDEX fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.4B	4.9B	5.5B	5.9B	6.2B
Short Long Term Debt Total	849.3M	1.0B	1.2B	1.5B	1.4B	1.5B
Total Current Liabilities	357.9M	399.1M	480M	543.6M	500.3M	525.3M
Total Stockholder Equity	2.3B	2.5B	2.8B	3.0B	3.5B	3.7B
Property Plant And Equipment Net	280.3M	298.3M	327.3M	382.1M	430.3M	451.8M
Net Debt	216.7M	18.6M	334.9M	1.1B	911.5M	957.1M
Retained Earnings	2.6B	2.8B	3.1B	3.5B	3.9B	4.1B
Cash	632.6M	1.0B	855.4M	430.2M	534.3M	561.0M
Non Current Assets Total	2.6B	2.8B	3.2B	4.1B	4.4B	4.6B
Non Currrent Assets Other	104.4M	147.8M	146.9M	(119.9M)	138.5M	145.4M
Cash And Short Term Investments	632.6M	1.0B	855.4M	430.2M	534.3M	561.0M
Net Receivables	298.2M	293.1M	356.4M	442.8M	427.8M	449.2M
Common Stock Shares Outstanding	77.6M	76.5M	76.4M	76M	75.9M	82.3M
Liabilities And Stockholders Equity	3.8B	4.4B	4.9B	5.5B	5.9B	6.2B
Non Current Liabilities Total	1.2B	1.5B	1.6B	1.9B	1.8B	1.9B
Inventory	293.5M	289.9M	370.4M	470.9M	420.8M	441.8M
Other Current Assets	37.2M	48.3M	95.8M	55.4M	63.4M	66.6M
Other Stockholder Equity	(225.5M)	(288.7M)	(254.7M)	(367.1M)	(348M)	(330.6M)
Total Liab	1.6B	1.9B	2.1B	2.5B	2.3B	2.4B
Total Current Assets	1.3B	1.7B	1.7B	1.4B	1.4B	1.5B
Intangible Assets	388.0M	415.6M	597.3M	947.8M	1.0B	1.1B
Other Current Liab	201.4M	216.8M	234.6M	238.2M	223.6M	115.7M
Accounts Payable	138.5M	152.0M	178.8M	208.9M	179.7M	98.3M
Property Plant And Equipment Gross	280.3M	298.3M	832M	898.8M	976M	1.0B
Accumulated Other Comprehensive Income	(127.3M)	(13.5M)	(69.6M)	(126.2M)	(45.8M)	(48.1M)
Other Liab	274.0M	430.7M	443.8M	363.4M	417.9M	438.8M
Other Assets	22.0M	147.8M	146.9M	144.6M	166.3M	174.6M
Long Term Debt	848.9M	1.0B	1.2B	1.5B	1.3B	731.2M
Treasury Stock	(985.9M)	(1.1B)	(1.1B)	(1.2B)	(1.1B)	(1.0B)
Short Term Debt	388K	16.8M	17.6M	21.6M	22.6M	17.3M
Property Plant Equipment	280.3M	298.3M	327.3M	382.1M	439.4M	236.4M
Good Will	1.8B	1.9B	2.2B	2.6B	2.8B	1.5B
Current Deferred Revenue	17.6M	28.4M	49M	44.7M	55.9M	58.7M
Net Tangible Assets	95.5M	229.1M	38.1M	(546.6M)	(628.6M)	(597.2M)
Retained Earnings Total Equity	2.6B	2.8B	3.1B	3.5B	4.1B	2.2B
Long Term Debt Total	848.9M	1.0B	1.2B	1.5B	1.7B	985.3M

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When running IDEX's price analysis, check to measure IDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.

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IDEX Gross Profit vs Ev To Sales Analysis

Gross Profit vs Ev To Sales

Gross Profit vs Ev To Sales Correlation Analysis

Correlation Coefficient

Gross Profit

Ev To Sales

IDEX fundamental ratios Correlations

IDEX Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IDEX fundamental ratios Accounts

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Additional Tools for IDEX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Common Stock	- 0.97	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.97	Common Stock Shares Outstanding
Other Current Liab	- 0.85	Common Stock Shares Outstanding
Other Liab	- 0.83	Other Stockholder Equity
Accounts Payable	- 0.82	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.78	Retained Earnings