IGG Retained Earnings vs Net Debt 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 Retained Earnings and its Net Debt 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.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

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

The correlation between IG Group's Retained Earnings and Net Debt is -0.64. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt 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 Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of IG Group Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., IG Group's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.

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 Revenue	994.1M	1.0B	954.5M	1.0B
Interest Expense	14.8M	16.2M	28.1M	29.5M

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	0.85	0.82	0.89	0.98	0.26	0.84	0.95	0.76	0.38	0.65	0.83	-0.66	0.94	-0.23	0.87	-0.37	0.88	-0.02	-0.64	0.97	0.9
Total Stockholder Equity	1.0		-0.08	0.99	0.97	0.83	0.81	0.91	0.96	0.3	0.83	0.95	0.76	0.37	0.63	0.82	-0.65	0.92	-0.25	0.86	-0.42	0.89	-0.04	-0.64	0.96	0.87
Other Liab	-0.13	-0.08		-0.15	-0.17	-0.2	-0.06	0.06	-0.28	0.22	-0.3	-0.05	-0.14	0.15	-0.04	-0.34	0.13	-0.07	0.09	-0.25	-0.3	0.2	0.07	0.19	-0.17	-0.16
Retained Earnings	1.0	0.99	-0.15		0.98	0.83	0.82	0.87	0.98	0.26	0.84	0.95	0.76	0.36	0.64	0.83	-0.64	0.93	-0.24	0.86	-0.32	0.88	-0.02	-0.67	0.97	0.89
Accounts Payable	0.98	0.97	-0.17	0.98		0.84	0.79	0.83	0.98	0.19	0.83	0.92	0.75	0.28	0.63	0.83	-0.66	0.9	-0.24	0.87	-0.27	0.85	-0.08	-0.66	0.95	0.89
Cash	0.85	0.83	-0.2	0.83	0.84		0.64	0.79	0.86	0.03	0.74	0.81	0.64	0.37	0.58	0.74	-0.95	0.8	-0.2	0.99	-0.36	0.65	-0.17	-0.52	0.82	0.86
Other Assets	0.82	0.81	-0.06	0.82	0.79	0.64		0.57	0.81	0.27	0.72	0.81	0.28	0.43	0.93	0.72	-0.43	0.91	0.34	0.62	-0.25	0.85	0.38	-0.2	0.78	0.9
Common Stock Shares Outstanding	0.89	0.91	0.06	0.87	0.83	0.79	0.57		0.83	0.22	0.68	0.88	0.83	0.45	0.41	0.64	-0.66	0.79	-0.45	0.8	-0.58	0.74	-0.13	-0.65	0.87	0.71
Total Liab	0.98	0.96	-0.28	0.98	0.98	0.86	0.81	0.83		0.14	0.84	0.94	0.74	0.39	0.68	0.84	-0.67	0.94	-0.2	0.88	-0.25	0.81	0.02	-0.63	0.97	0.92
Common Stock	0.26	0.3	0.22	0.26	0.19	0.03	0.27	0.22	0.14		0.31	0.12	0.03	-0.24	0.07	0.28	0.06	0.13	-0.03	0.04	-0.41	0.51	-0.27	-0.1	0.13	0.1
Property Plant Equipment	0.84	0.83	-0.3	0.84	0.83	0.74	0.72	0.68	0.84	0.31		0.7	0.53	0.09	0.59	1.0	-0.59	0.72	-0.12	0.78	-0.44	0.66	-0.11	-0.37	0.8	0.79
Good Will	0.95	0.95	-0.05	0.95	0.92	0.81	0.81	0.88	0.94	0.12	0.7		0.76	0.62	0.7	0.7	-0.63	0.98	-0.18	0.82	-0.27	0.87	0.17	-0.61	0.98	0.89
Intangible Assets	0.76	0.76	-0.14	0.76	0.75	0.64	0.28	0.83	0.74	0.03	0.53	0.76		0.31	0.09	0.53	-0.52	0.62	-0.76	0.7	-0.17	0.55	-0.28	-0.9	0.81	0.49
Other Current Liab	0.38	0.37	0.15	0.36	0.28	0.37	0.43	0.45	0.39	-0.24	0.09	0.62	0.31		0.55	0.08	-0.29	0.62	0.16	0.34	-0.04	0.41	0.57	-0.13	0.5	0.5
Total Current Liabilities	0.65	0.63	-0.04	0.64	0.63	0.58	0.93	0.41	0.68	0.07	0.59	0.7	0.09	0.55		0.59	-0.42	0.83	0.55	0.54	-0.18	0.69	0.54	0.05	0.63	0.88
Property Plant And Equipment Net	0.83	0.82	-0.34	0.83	0.83	0.74	0.72	0.64	0.84	0.28	1.0	0.7	0.53	0.08	0.59		-0.58	0.73	-0.11	0.78	-0.36	0.65	-0.1	-0.38	0.8	0.79
Net Debt	-0.66	-0.65	0.13	-0.64	-0.66	-0.95	-0.43	-0.66	-0.67	0.06	-0.59	-0.63	-0.52	-0.29	-0.42	-0.58		-0.61	0.2	-0.93	0.37	-0.46	0.29	0.4	-0.63	-0.71
Non Current Assets Total	0.94	0.92	-0.07	0.93	0.9	0.8	0.91	0.79	0.94	0.13	0.72	0.98	0.62	0.62	0.83	0.73	-0.61		0.02	0.8	-0.24	0.88	0.26	-0.48	0.95	0.95
Non Currrent Assets Other	-0.23	-0.25	0.09	-0.24	-0.24	-0.2	0.34	-0.45	-0.2	-0.03	-0.12	-0.18	-0.76	0.16	0.55	-0.11	0.2	0.02		-0.27	0.11	-0.03	0.57	0.76	-0.27	0.14
Cash And Short Term Investments	0.87	0.86	-0.25	0.86	0.87	0.99	0.62	0.8	0.88	0.04	0.78	0.82	0.7	0.34	0.54	0.78	-0.93	0.8	-0.27		-0.33	0.65	-0.2	-0.58	0.85	0.85
Common Stock Total Equity	-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	-0.36	0.37	-0.24	0.11	-0.33		-0.29	0.17	-0.06	-0.23	-0.28
Non Current Liabilities Total	0.88	0.89	0.2	0.88	0.85	0.65	0.85	0.74	0.81	0.51	0.66	0.87	0.55	0.41	0.69	0.65	-0.46	0.88	-0.03	0.65	-0.29		0.1	-0.5	0.84	0.8
Other Current Assets	-0.02	-0.04	0.07	-0.02	-0.08	-0.17	0.38	-0.13	0.02	-0.27	-0.11	0.17	-0.28	0.57	0.54	-0.1	0.29	0.26	0.57	-0.2	0.17	0.1		0.37	0.08	0.18
Other Stockholder Equity	-0.64	-0.64	0.19	-0.67	-0.66	-0.52	-0.2	-0.65	-0.63	-0.1	-0.37	-0.61	-0.9	-0.13	0.05	-0.38	0.4	-0.48	0.76	-0.58	-0.06	-0.5	0.37		-0.68	-0.34
Property Plant And Equipment Gross	0.97	0.96	-0.17	0.97	0.95	0.82	0.78	0.87	0.97	0.13	0.8	0.98	0.81	0.5	0.63	0.8	-0.63	0.95	-0.27	0.85	-0.23	0.84	0.08	-0.68		0.87
Total Current Assets	0.9	0.87	-0.16	0.89	0.89	0.86	0.9	0.71	0.92	0.1	0.79	0.89	0.49	0.5	0.88	0.79	-0.71	0.95	0.14	0.85	-0.28	0.8	0.18	-0.34	0.87

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IG Group Account Relationship Matchups

IG Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.7B	3.1B	3.0B	2.9B	3.1B
Total Stockholder Equity	935.9M	1.1B	2.0B	2.0B	1.9B	2.0B
Other Liab	400K	700K	800K	67.2M	77.3M	66.3M
Retained Earnings	722.7M	941.5M	1.8B	1.8B	1.7B	1.8B
Accounts Payable	143.1M	357.5M	571.2M	478M	493.3M	518.0M
Cash	486.2M	655.2M	1.2B	798.5M	983.2M	1.0B
Other Assets	619.9M	894.3M	946.3M	1.3B	2.9B	3.1B
Total Liab	363.8M	594.8M	1.1B	980.6M	1.1B	1.1B
Property Plant Equipment	14.4M	46.4M	38.6M	36.6M	42.1M	44.2M
Intangible Assets	147.2M	140M	896.8M	887.5M	216.6M	171.7M
Other Current Liab	(68.8M)	(280.1M)	103.7M	105.3M	169.5M	178.0M
Total Current Liabilities	81.1M	108.2M	119.5M	116.2M	685.6M	719.9M
Property Plant And Equipment Net	46.4M	38.6M	36.6M	36.1M	41.8M	43.9M
Net Debt	(357.2M)	(533.3M)	(927.3M)	(480.2M)	(661.3M)	(628.2M)
Non Current Assets Total	193.6M	178.6M	933.4M	923.6M	1.3B	1.3B
Non Currrent Assets Other	(203.4M)	(308.9M)	(797.1M)	(1.0B)	368.5M	386.9M
Cash And Short Term Investments	626.7M	808.6M	1.5B	1.0B	1.1B	1.1B
Liabilities And Stockholders Equity	1.3B	1.7B	3.1B	3.0B	2.9B	3.1B
Non Current Liabilities Total	99.7M	98.8M	297.2M	297.6M	365.8M	384.1M
Other Current Assets	(977.6M)	(1.3B)	(2.0B)	25.3M	561.3M	589.4M
Other Stockholder Equity	121.2M	43.2M	(470.2M)	(475.6M)	121.3M	67.4M
Property Plant And Equipment Gross	46.4M	38.6M	123.1M	136.1M	113.7M	119.4M
Total Current Assets	486.2M	655.2M	1.2B	798.5M	1.7B	1.8B
Accumulated Other Comprehensive Income	92M	67.6M	132M	113.2M	79.8M	50.8M
Short Long Term Debt Total	129M	121.9M	319.1M	318.3M	321.9M	338.0M
Long Term Debt	99.7M	98.8M	297.2M	297.6M	299.4M	314.4M
Short Term Debt	6.8M	13.4M	17.8M	14.8M	8.7M	8.3M
Treasury Stock	(7.4M)	(8.5M)	(4.6M)	(1.6M)	(1.4M)	(1.5M)
Short Term Investments	140.5M	153.4M	236M	226.8M	109.3M	119.2M
Net Tangible Assets	690.3M	788.7M	993.3M	1.1B	1.3B	777.7M
Net Receivables	350.9M	496.4M	479.3M	589.2M	(707.2M)	(671.8M)

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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 Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

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

Net Debt	- 0.95	Cash
Cash And Short Term Investments	- 0.93	Net Debt
Other Stockholder Equity	- 0.9	Intangible Assets
Non Currrent Assets Other	- 0.76	Intangible Assets
Total Current Assets	- 0.71	Net Debt
Property Plant And Equipment Gross	- 0.68	Other Stockholder Equity