IGG Cash And Short Term Investments vs Total Current Liabilities Analysis

IGG Stock

943.50 7.50 0.79%

IG Group financial indicator trend analysis is infinitely more than just investigating IG Group Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IG Group Holdings is a good investment. Please check the relationship between IG Group Cash And Short Term Investments 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 IG Group 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 bureau of economic analysis.

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IG Group Holdings Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between IG Group's Cash And Short Term Investments and Total Current Liabilities is 0.64. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of IG Group Holdings, assuming nothing else is changed. The correlation between historical values of IG Group's Cash And Short Term Investments 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 Cash And Short Term Investments of IG Group 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 Cash And Short Term Investments i.e., IG Group's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of IG Group Holdings balance sheet. This account contains IG Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by IG Group Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Liabilities

Total Current Liabilities is an item on IG Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IG Group 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 IG Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IG Group 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 IG Group 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 bureau of economic analysis.

The current year's Issuance Of Capital Stock is expected to grow to about 17.6 M, whereas Selling General Administrative is forecasted to decline to about 9.1 M.

	2022	2023	2024	2025 (projected)
Total Revenue	1.0B	954.5M	1.1B	1.2B
Interest Expense	16.2M	28.1M	32.3M	33.9M

Total Revenue Interest Expense

IG Group fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Common Stock Shares Outstanding	Total Liab	Common Stock	Property Plant Equipment	Good Will	Intangible Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets
Total Assets		1.0	-0.13	1.0	0.98	0.88	0.87	0.88	0.98	0.24	0.84	0.97	0.68	0.56	0.75	0.87	-0.64	0.95	-0.03	0.89	-0.35	0.91	0.09	-0.55	0.98	0.92
Total Stockholder Equity	1.0		-0.09	0.99	0.97	0.87	0.86	0.9	0.97	0.28	0.84	0.96	0.68	0.55	0.73	0.86	-0.64	0.94	-0.05	0.88	-0.4	0.92	0.08	-0.55	0.97	0.9
Other Liab	-0.13	-0.09		-0.15	-0.17	-0.2	-0.07	0.04	-0.27	0.22	-0.3	-0.07	-0.14	-0.28	-0.06	-0.32	0.14	-0.08	0.07	-0.24	-0.3	0.14	0.05	0.3	-0.17	-0.16
Retained Earnings	1.0	0.99	-0.15		0.98	0.87	0.86	0.87	0.98	0.24	0.84	0.96	0.69	0.56	0.74	0.87	-0.62	0.95	-0.04	0.89	-0.31	0.91	0.09	-0.57	0.98	0.91
Accounts Payable	0.98	0.97	-0.17	0.98		0.87	0.84	0.84	0.98	0.18	0.84	0.94	0.69	0.48	0.72	0.87	-0.65	0.92	-0.05	0.89	-0.27	0.88	0.03	-0.58	0.96	0.91
Cash	0.88	0.87	-0.2	0.87	0.87		0.72	0.8	0.89	0.04	0.77	0.85	0.6	0.54	0.68	0.79	-0.91	0.84	-0.02	0.99	-0.35	0.73	0.03	-0.48	0.86	0.88
Other Assets	0.87	0.86	-0.07	0.86	0.84	0.72		0.7	0.86	0.22	0.71	0.86	0.25	0.55	0.95	0.79	-0.42	0.94	0.45	0.7	-0.24	0.89	0.43	-0.12	0.83	0.94
Common Stock Shares Outstanding	0.88	0.9	0.04	0.87	0.84	0.8	0.7		0.84	0.2	0.71	0.88	0.7	0.53	0.58	0.71	-0.62	0.83	-0.14	0.81	-0.5	0.79	0.06	-0.51	0.87	0.78
Total Liab	0.98	0.97	-0.27	0.98	0.98	0.89	0.86	0.84		0.13	0.84	0.96	0.67	0.6	0.77	0.88	-0.65	0.95	0.0	0.91	-0.25	0.86	0.13	-0.57	0.98	0.94
Common Stock	0.24	0.28	0.22	0.24	0.18	0.04	0.22	0.2	0.13		0.3	0.11	0.03	-0.11	0.05	0.26	0.07	0.11	-0.04	0.04	-0.41	0.44	-0.34	0.01	0.12	0.09
Property Plant Equipment	0.84	0.84	-0.3	0.84	0.84	0.77	0.71	0.71	0.84	0.3		0.72	0.53	0.37	0.6	0.99	-0.59	0.73	-0.05	0.81	-0.44	0.69	-0.08	-0.44	0.81	0.77
Good Will	0.97	0.96	-0.07	0.96	0.94	0.85	0.86	0.88	0.96	0.11	0.72		0.67	0.69	0.78	0.77	-0.61	0.98	0.02	0.86	-0.27	0.9	0.26	-0.53	0.98	0.92
Intangible Assets	0.68	0.68	-0.14	0.69	0.69	0.6	0.25	0.7	0.67	0.03	0.53	0.67		0.41	0.11	0.49	-0.53	0.53	-0.7	0.66	-0.17	0.49	-0.27	-0.95	0.74	0.42
Other Current Liab	0.56	0.55	-0.28	0.56	0.48	0.54	0.55	0.53	0.6	-0.11	0.37	0.69	0.41		0.61	0.44	-0.34	0.69	0.15	0.52	-0.02	0.49	0.47	-0.32	0.65	0.64
Total Current Liabilities	0.75	0.73	-0.06	0.74	0.72	0.68	0.95	0.58	0.77	0.05	0.6	0.78	0.11	0.61		0.7	-0.43	0.88	0.6	0.64	-0.19	0.78	0.57	0.04	0.73	0.92
Property Plant And Equipment Net	0.87	0.86	-0.32	0.87	0.87	0.79	0.79	0.71	0.88	0.26	0.99	0.77	0.49	0.44	0.7		-0.57	0.8	0.07	0.82	-0.35	0.74	0.02	-0.4	0.84	0.84
Net Debt	-0.64	-0.64	0.14	-0.62	-0.65	-0.91	-0.42	-0.62	-0.65	0.07	-0.59	-0.61	-0.53	-0.34	-0.43	-0.57		-0.57	0.16	-0.9	0.38	-0.46	0.15	0.42	-0.62	-0.64
Non Current Assets Total	0.95	0.94	-0.08	0.95	0.92	0.84	0.94	0.83	0.95	0.11	0.73	0.98	0.53	0.69	0.88	0.8	-0.57		0.2	0.83	-0.23	0.92	0.35	-0.4	0.95	0.97
Non Currrent Assets Other	-0.03	-0.05	0.07	-0.04	-0.05	-0.02	0.45	-0.14	0.0	-0.04	-0.05	0.02	-0.7	0.15	0.6	0.07	0.16	0.2		-0.09	0.08	0.15	0.6	0.75	-0.08	0.3
Cash And Short Term Investments	0.89	0.88	-0.24	0.89	0.89	0.99	0.7	0.81	0.91	0.04	0.81	0.86	0.66	0.52	0.64	0.82	-0.9	0.83	-0.09		-0.33	0.72	-0.01	-0.55	0.88	0.87
Common Stock Total Equity	-0.35	-0.4	-0.3	-0.31	-0.27	-0.35	-0.24	-0.5	-0.25	-0.41	-0.44	-0.27	-0.17	-0.02	-0.19	-0.35	0.38	-0.23	0.08	-0.33		-0.29	0.12	-0.07	-0.23	-0.26
Non Current Liabilities Total	0.91	0.92	0.14	0.91	0.88	0.73	0.89	0.79	0.86	0.44	0.69	0.9	0.49	0.49	0.78	0.74	-0.46	0.92	0.15	0.72	-0.29		0.18	-0.36	0.88	0.86
Other Current Assets	0.09	0.08	0.05	0.09	0.03	0.03	0.43	0.06	0.13	-0.34	-0.08	0.26	-0.27	0.47	0.57	0.02	0.15	0.35	0.6	-0.01	0.12	0.18		0.36	0.17	0.3
Other Stockholder Equity	-0.55	-0.55	0.3	-0.57	-0.58	-0.48	-0.12	-0.51	-0.57	0.01	-0.44	-0.53	-0.95	-0.32	0.04	-0.4	0.42	-0.4	0.75	-0.55	-0.07	-0.36	0.36		-0.63	-0.28
Property Plant And Equipment Gross	0.98	0.97	-0.17	0.98	0.96	0.86	0.83	0.87	0.98	0.12	0.81	0.98	0.74	0.65	0.73	0.84	-0.62	0.95	-0.08	0.88	-0.23	0.88	0.17	-0.63		0.9
Total Current Assets	0.92	0.9	-0.16	0.91	0.91	0.88	0.94	0.78	0.94	0.09	0.77	0.92	0.42	0.64	0.92	0.84	-0.64	0.97	0.3	0.87	-0.26	0.86	0.3	-0.28	0.9

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IG Group Account Relationship Matchups

IG Group fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.7B	3.1B	3.0B	2.9B	3.4B	3.6B
Total Stockholder Equity	1.1B	2.0B	2.0B	1.9B	2.2B	2.3B
Other Liab	400K	700K	800K	67.2M	77.3M	66.3M
Retained Earnings	941.5M	1.8B	1.8B	1.7B	1.9B	2.0B
Accounts Payable	357.5M	571.2M	478M	493.3M	567.3M	595.7M
Cash	655.2M	1.2B	798.5M	983.2M	1.1B	1.2B
Other Assets	894.3M	946.3M	1.3B	2.9B	3.4B	3.6B
Total Liab	594.8M	1.1B	980.6M	1.1B	1.2B	1.3B
Property Plant Equipment	14.4M	46.4M	38.6M	36.6M	42.1M	44.2M
Good Will	107.3M	604.7M	611M	599M	688.9M	723.3M
Intangible Assets	140M	896.8M	887.5M	216.6M	249.1M	171.7M
Other Current Liab	(280.1M)	103.7M	105.3M	169.5M	152.6M	160.2M
Total Current Liabilities	108.2M	119.5M	116.2M	685.6M	617.0M	647.9M
Property Plant And Equipment Net	38.6M	36.6M	36.1M	41.8M	48.1M	50.5M
Net Debt	(533.3M)	(927.3M)	(480.2M)	(661.3M)	(595.2M)	(565.4M)
Non Current Assets Total	178.6M	933.4M	923.6M	1.3B	1.4B	1.5B
Non Currrent Assets Other	(308.9M)	(797.1M)	(1.0B)	368.5M	331.7M	348.2M
Cash And Short Term Investments	808.6M	1.5B	1.0B	1.1B	1.3B	1.3B
Liabilities And Stockholders Equity	1.7B	3.1B	3.0B	2.9B	3.4B	3.6B
Non Current Liabilities Total	98.8M	297.2M	297.6M	365.8M	420.7M	441.7M
Other Current Assets	(1.3B)	(2.0B)	25.3M	561.3M	505.2M	530.4M
Other Stockholder Equity	43.2M	(470.2M)	(475.6M)	121.3M	109.2M	67.3M
Property Plant And Equipment Gross	38.6M	123.1M	136.1M	113.7M	130.8M	137.3M
Total Current Assets	655.2M	1.2B	798.5M	1.7B	1.9B	2.0B
Accumulated Other Comprehensive Income	67.6M	132M	113.2M	79.8M	91.8M	50.8M
Short Long Term Debt Total	121.9M	319.1M	318.3M	321.9M	370.2M	388.7M
Long Term Debt	98.8M	297.2M	297.6M	299.4M	344.3M	361.5M
Short Term Debt	13.4M	17.8M	14.8M	8.7M	7.8M	7.4M
Net Receivables	496.4M	479.3M	589.2M	(707.2M)	(636.5M)	(604.7M)
Short Term Investments	153.4M	236M	226.8M	109.3M	125.7M	119.2M
Net Tangible Assets	690.3M	788.7M	993.3M	1.1B	1.3B	777.7M

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Other Information on Investing in IGG Stock

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

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IGG Cash And Short Term Investments vs Total Current Liabilities Analysis

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Total Current Liabilities

IG Group fundamental ratios Correlations

IG Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IG Group fundamental ratios Accounts

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Other Information on Investing in IGG Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash
Property Plant And Equipment Net	+ 0.99	Property Plant Equipment
Accounts Payable	+ 0.98	Total Assets

Other Stockholder Equity	- 0.95	Intangible Assets
Net Debt	- 0.91	Cash
Cash And Short Term Investments	- 0.9	Net Debt
Non Currrent Assets Other	- 0.7	Intangible Assets
Net Debt	- 0.65	Total Liab
Net Debt	- 0.65	Accounts Payable