Intact Good Will vs Property Plant And Equipment Gross Analysis

IFC Stock  CAD 267.00  4.68  1.72%   
Intact Financial financial indicator trend analysis is infinitely more than just investigating Intact Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intact Financial is a good investment. Please check the relationship between Intact Financial Good Will and its Property Plant And Equipment Gross accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intact Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Good Will vs Property Plant And Equipment Gross

Good Will vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intact Financial Good Will account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Intact Financial's Good Will and Property Plant And Equipment Gross is 0.92. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Intact Financial, assuming nothing else is changed. The correlation between historical values of Intact Financial's Good Will and Property Plant And Equipment Gross 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 Intact Financial are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Good Will i.e., Intact Financial's Good Will and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.92
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.

Property Plant And Equipment Gross

Most indicators from Intact Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intact Financial 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 Intact Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Intact Financial's Issuance Of Capital Stock is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 28.6 B, while Selling General Administrative is likely to drop about 787.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit17.5B21.2B22.1B23.2B
Total Revenue17.5B21.2B22.1B23.2B

Intact Financial fundamental ratios Correlations

0.98-0.46-0.090.980.950.880.770.890.980.34-0.440.760.480.90.710.890.79-0.070.90.70.970.980.710.950.87
0.98-0.47-0.150.990.980.820.690.90.980.35-0.40.630.320.950.70.840.85-0.070.830.560.980.990.580.980.93
-0.46-0.470.87-0.4-0.4-0.29-0.61-0.56-0.390.220.96-0.47-0.28-0.3-0.22-0.33-0.33-0.22-0.45-0.45-0.46-0.42-0.45-0.53-0.48
-0.09-0.150.87-0.09-0.110.05-0.15-0.22-0.080.420.8-0.010.1-0.08-0.02-0.04-0.09-0.16-0.040.0-0.14-0.110.01-0.23-0.25
0.980.99-0.4-0.090.980.850.650.851.00.34-0.360.630.330.960.720.890.82-0.10.830.560.981.00.580.950.9
0.950.98-0.4-0.110.980.80.620.80.980.39-0.320.560.230.960.670.840.78-0.070.780.480.980.990.50.950.89
0.880.82-0.290.050.850.80.680.740.850.33-0.320.720.60.810.880.960.77-0.170.950.710.790.830.70.80.76
0.770.69-0.61-0.150.650.620.680.740.640.26-0.630.920.710.470.410.590.50.210.840.890.70.650.910.680.54
0.890.9-0.56-0.220.850.80.740.740.830.24-0.520.730.480.770.630.710.86-0.050.820.680.840.840.670.890.85
0.980.98-0.39-0.081.00.980.850.640.830.32-0.340.610.320.950.730.90.81-0.070.820.540.980.990.560.940.88
0.340.350.220.420.340.390.330.260.240.320.260.260.110.330.060.230.31-0.280.280.220.330.330.250.250.17
-0.44-0.40.960.8-0.36-0.32-0.32-0.63-0.52-0.340.26-0.58-0.48-0.23-0.23-0.35-0.24-0.11-0.48-0.59-0.4-0.36-0.57-0.46-0.4
0.760.63-0.47-0.010.630.560.720.920.730.610.26-0.580.880.440.440.640.46-0.090.860.990.640.621.00.620.5
0.480.32-0.280.10.330.230.60.710.480.320.11-0.480.880.20.440.470.23-0.090.710.930.290.30.90.320.25
0.90.95-0.3-0.080.960.960.810.470.770.950.33-0.230.440.20.770.840.8-0.130.730.380.90.960.380.920.92
0.710.7-0.22-0.020.720.670.880.410.630.730.06-0.230.440.440.770.860.78-0.030.790.460.620.710.410.670.71
0.890.84-0.33-0.040.890.840.960.590.710.90.23-0.350.640.470.840.860.77-0.190.90.610.850.880.610.820.77
0.790.85-0.33-0.090.820.780.770.50.860.810.31-0.240.460.230.80.780.77-0.070.780.420.780.810.410.80.79
-0.07-0.07-0.22-0.16-0.1-0.07-0.170.21-0.05-0.07-0.28-0.11-0.09-0.09-0.13-0.03-0.19-0.07-0.06-0.09-0.04-0.08-0.09-0.1-0.12
0.90.83-0.45-0.040.830.780.950.840.820.820.28-0.480.860.710.730.790.90.78-0.060.850.810.820.840.810.73
0.70.56-0.450.00.560.480.710.890.680.540.22-0.590.990.930.380.460.610.42-0.090.850.560.540.990.560.44
0.970.98-0.46-0.140.980.980.790.70.840.980.33-0.40.640.290.90.620.850.78-0.040.810.560.990.590.940.86
0.980.99-0.42-0.111.00.990.830.650.840.990.33-0.360.620.30.960.710.880.81-0.080.820.540.990.560.950.9
0.710.58-0.450.010.580.50.70.910.670.560.25-0.571.00.90.380.410.610.41-0.090.840.990.590.560.570.44
0.950.98-0.53-0.230.950.950.80.680.890.940.25-0.460.620.320.920.670.820.8-0.10.810.560.940.950.570.97
0.870.93-0.48-0.250.90.890.760.540.850.880.17-0.40.50.250.920.710.770.79-0.120.730.440.860.90.440.97
Click cells to compare fundamentals

Intact Financial Account Relationship Matchups

Intact Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.3B35.1B66.3B65.0B56.0B58.8B
Short Long Term Debt Total3.0B3.5B5.9B5.1B5.7B6.0B
Other Current Liab(411M)(329M)(2.5B)(2.4B)(756M)(718.2M)
Total Current Liabilities411M329M2.5B2.4B756M718.2M
Total Stockholder Equity8.7B9.6B15.7B15.4B16.2B17.0B
Net Debt1.9B2.6B3.6B4.1B4.6B4.8B
Retained Earnings4.0B4.5B6.2B7.4B6.5B3.3B
Accounts Payable246M329M2.1B2.2B756M602.1M
Cash936M917M2.3B1.0B1.2B1.2B
Non Current Assets Total23.9B26.3B42.6B43.0B45.6B47.8B
Non Currrent Assets Other(23.9B)(179M)(584M)(722M)(811M)(851.6M)
Other Assets2.0B2.0B(10.2B)(11.2B)7.0B3.9B
Cash And Short Term Investments2.4B2.5B25.0B23.8B2.6B3.6B
Net Receivables4.0B4.3B9.0B9.3B816M775.2M
Good Will2.6B2.8B3.1B3.4B4.1B4.3B
Common Stock Shares Outstanding139.5M143M162.4M175.6M176.2M145.7M
Liabilities And Stockholders Equity32.3B35.1B66.3B65.0B56.0B58.8B
Non Current Liabilities Total2.9B3.8B6.1B2.4B6.5B3.3B
Other Stockholder Equity340M187M211M269M290M305.1M
Total Liab23.5B25.5B49.6B49.3B39.5B19.9B
Total Current Assets6.4B6.8B34.0B33.1B3.4B3.2B
Intangible Assets2.5B2.5B4.6B4.7B5.0B5.3B
Accumulated Other Comprehensive Income325M409M529M(1.1B)(321M)(305.0M)
Short Term Investments1.5B1.6B22.7B22.8B1.4B1.3B
Property Plant And Equipment Net538M520M774M778M799M839.0M
Property Plant And Equipment Gross150M170M538M520M598M627.9M
Other Liab9.6B10.1B17.9B17.4B20.0B21.0B
Net Tangible Assets2.6B3.1B6.8B6.0B6.9B3.7B
Long Term Debt2.4B2.5B4.8B4.4B5.1B2.8B
Other Current Assets1.8B5.4B11.5B2.0B2.0B3.0B
Long Term Investments18.2B20.5B34.1B34.2B35.6B23.0B
Short Long Term Debt165M0.0439M137M123.3M117.1M
Short Term Debt165M0.0439M137M123.3M117.1M
Property Plant Equipment538M520M774M778M894.7M939.4M
Long Term Debt Total2.8B2.9B4.9B4.9B5.7B3.1B
Capital Surpluse170M187M211M269M309.4M187.3M
Inventory(5.1B)(5.4B)(11.5B)(2.0B)(2.0B)(2.1B)
Cash And Equivalents667M73M1.4B410M471.5M441.9M

Pair Trading with Intact Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Intact Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Intact Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Intact Stock

  0.63PIC-A Premium Income SplitPairCorr
  0.85FFH Fairfax FinancialPairCorr
  0.69FFH-PC Fairfax Fin HldPairCorr
The ability to find closely correlated positions to Intact Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intact Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intact Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intact Financial to buy it.
The correlation of Intact Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Intact Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intact Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Intact Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Intact Stock

Balance Sheet is a snapshot of the financial position of Intact Financial at a specified time, usually calculated after every quarter, six months, or one year. Intact Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Intact Financial 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 Intact currently owns. An asset can also be divided into two categories, current and non-current.