IGG Other Assets vs Total Liab Analysis

IGG Stock   957.50  9.50  1.00%   
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 Other Assets and its Total Liab 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.

Other Assets vs Total Liab

Other Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IG Group Holdings Other Assets account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between IG Group's Other Assets and Total Liab is 0.81. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Liab 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 Other Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of IG Group Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Assets i.e., IG Group's Other Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 10.1 M.
 2021 2022 2023 2024 (projected)
Total Revenue994.1M1.0B954.5M1.0B
Interest Expense14.8M16.2M28.1M29.5M

IG Group fundamental ratios Correlations

1.0-0.131.00.980.850.820.890.980.260.840.950.760.380.650.83-0.660.94-0.230.87-0.370.88-0.02-0.640.970.9
1.0-0.080.990.970.830.810.910.960.30.830.950.760.370.630.82-0.650.92-0.250.86-0.420.89-0.04-0.640.960.87
-0.13-0.08-0.15-0.17-0.2-0.060.06-0.280.22-0.3-0.05-0.140.15-0.04-0.340.13-0.070.09-0.25-0.30.20.070.19-0.17-0.16
1.00.99-0.150.980.830.820.870.980.260.840.950.760.360.640.83-0.640.93-0.240.86-0.320.88-0.02-0.670.970.89
0.980.97-0.170.980.840.790.830.980.190.830.920.750.280.630.83-0.660.9-0.240.87-0.270.85-0.08-0.660.950.89
0.850.83-0.20.830.840.640.790.860.030.740.810.640.370.580.74-0.950.8-0.20.99-0.360.65-0.17-0.520.820.86
0.820.81-0.060.820.790.640.570.810.270.720.810.280.430.930.72-0.430.910.340.62-0.250.850.38-0.20.780.9
0.890.910.060.870.830.790.570.830.220.680.880.830.450.410.64-0.660.79-0.450.8-0.580.74-0.13-0.650.870.71
0.980.96-0.280.980.980.860.810.830.140.840.940.740.390.680.84-0.670.94-0.20.88-0.250.810.02-0.630.970.92
0.260.30.220.260.190.030.270.220.140.310.120.03-0.240.070.280.060.13-0.030.04-0.410.51-0.27-0.10.130.1
0.840.83-0.30.840.830.740.720.680.840.310.70.530.090.591.0-0.590.72-0.120.78-0.440.66-0.11-0.370.80.79
0.950.95-0.050.950.920.810.810.880.940.120.70.760.620.70.7-0.630.98-0.180.82-0.270.870.17-0.610.980.89
0.760.76-0.140.760.750.640.280.830.740.030.530.760.310.090.53-0.520.62-0.760.7-0.170.55-0.28-0.90.810.49
0.380.370.150.360.280.370.430.450.39-0.240.090.620.310.550.08-0.290.620.160.34-0.040.410.57-0.130.50.5
0.650.63-0.040.640.630.580.930.410.680.070.590.70.090.550.59-0.420.830.550.54-0.180.690.540.050.630.88
0.830.82-0.340.830.830.740.720.640.840.281.00.70.530.080.59-0.580.73-0.110.78-0.360.65-0.1-0.380.80.79
-0.66-0.650.13-0.64-0.66-0.95-0.43-0.66-0.670.06-0.59-0.63-0.52-0.29-0.42-0.58-0.610.2-0.930.37-0.460.290.4-0.63-0.71
0.940.92-0.070.930.90.80.910.790.940.130.720.980.620.620.830.73-0.610.020.8-0.240.880.26-0.480.950.95
-0.23-0.250.09-0.24-0.24-0.20.34-0.45-0.2-0.03-0.12-0.18-0.760.160.55-0.110.20.02-0.270.11-0.030.570.76-0.270.14
0.870.86-0.250.860.870.990.620.80.880.040.780.820.70.340.540.78-0.930.8-0.27-0.330.65-0.2-0.580.850.85
-0.37-0.42-0.3-0.32-0.27-0.36-0.25-0.58-0.25-0.41-0.44-0.27-0.17-0.04-0.18-0.360.37-0.240.11-0.33-0.290.17-0.06-0.23-0.28
0.880.890.20.880.850.650.850.740.810.510.660.870.550.410.690.65-0.460.88-0.030.65-0.290.1-0.50.840.8
-0.02-0.040.07-0.02-0.08-0.170.38-0.130.02-0.27-0.110.17-0.280.570.54-0.10.290.260.57-0.20.170.10.370.080.18
-0.64-0.640.19-0.67-0.66-0.52-0.2-0.65-0.63-0.1-0.37-0.61-0.9-0.130.05-0.380.4-0.480.76-0.58-0.06-0.50.37-0.68-0.34
0.970.96-0.170.970.950.820.780.870.970.130.80.980.810.50.630.8-0.630.95-0.270.85-0.230.840.08-0.680.87
0.90.87-0.160.890.890.860.90.710.920.10.790.890.490.50.880.79-0.710.950.140.85-0.280.80.18-0.340.87
Click cells to compare fundamentals

IG Group Account Relationship Matchups

IG Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.7B3.1B3.0B2.9B3.1B
Total Stockholder Equity935.9M1.1B2.0B2.0B1.9B2.0B
Other Liab400K700K800K67.2M77.3M66.3M
Retained Earnings722.7M941.5M1.8B1.8B1.7B1.8B
Accounts Payable143.1M357.5M571.2M478M493.3M518.0M
Cash486.2M655.2M1.2B798.5M983.2M1.0B
Other Assets619.9M894.3M946.3M1.3B2.9B3.1B
Total Liab363.8M594.8M1.1B980.6M1.1B1.1B
Property Plant Equipment14.4M46.4M38.6M36.6M42.1M44.2M
Intangible Assets147.2M140M896.8M887.5M216.6M171.7M
Other Current Liab(68.8M)(280.1M)103.7M105.3M169.5M178.0M
Total Current Liabilities81.1M108.2M119.5M116.2M685.6M719.9M
Property Plant And Equipment Net46.4M38.6M36.6M36.1M41.8M43.9M
Net Debt(357.2M)(533.3M)(927.3M)(480.2M)(661.3M)(628.2M)
Non Current Assets Total193.6M178.6M933.4M923.6M1.3B1.3B
Non Currrent Assets Other(203.4M)(308.9M)(797.1M)(1.0B)368.5M386.9M
Cash And Short Term Investments626.7M808.6M1.5B1.0B1.1B1.1B
Liabilities And Stockholders Equity1.3B1.7B3.1B3.0B2.9B3.1B
Non Current Liabilities Total99.7M98.8M297.2M297.6M365.8M384.1M
Other Current Assets(977.6M)(1.3B)(2.0B)25.3M561.3M589.4M
Other Stockholder Equity121.2M43.2M(470.2M)(475.6M)121.3M67.4M
Property Plant And Equipment Gross46.4M38.6M123.1M136.1M113.7M119.4M
Total Current Assets486.2M655.2M1.2B798.5M1.7B1.8B
Accumulated Other Comprehensive Income92M67.6M132M113.2M79.8M50.8M
Short Long Term Debt Total129M121.9M319.1M318.3M321.9M338.0M
Long Term Debt99.7M98.8M297.2M297.6M299.4M314.4M
Short Term Debt6.8M13.4M17.8M14.8M8.7M8.3M
Treasury Stock(7.4M)(8.5M)(4.6M)(1.6M)(1.4M)(1.5M)
Short Term Investments140.5M153.4M236M226.8M109.3M119.2M
Net Tangible Assets690.3M788.7M993.3M1.1B1.3B777.7M
Net Receivables350.9M496.4M479.3M589.2M(707.2M)(671.8M)

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.

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.