IGG Total Assets vs Property Plant And Equipment Gross Analysis

IGG Stock   947.50  13.00  1.39%   
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 Total Assets 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 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.

Total Assets vs Property Plant And Equipment Gross

Total Assets 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 IG Group Holdings Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between IG Group's Total Assets and Property Plant And Equipment Gross is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross 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 Total Assets 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 Total Assets of IG Group Holdings 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 Total Assets i.e., IG Group's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of IG Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in IG Group Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant And Equipment Gross

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
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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)

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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.