IGG Net Debt vs Good Will 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 Net Debt and its Good Will 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.

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IG Group Holdings Net Debt account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between IG Group's Net Debt and Good Will is -0.61. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Good Will 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 Net Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of IG Group Holdings are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Debt i.e., IG Group's Net Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

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

Click cells to compare fundamentals

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

Also Currently Popular

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.

CRM	Salesforce
C	Citigroup
GM	General Motors

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

IGG Net Debt vs Good Will Analysis

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

Correlation Coefficient

Net Debt

Good Will

IG Group fundamental ratios Correlations

IG Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IG Group fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in IGG Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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