Ingles Payout Ratio vs Days Of Inventory On Hand Analysis

IMKTA Stock  USD 73.90  0.56  0.76%   
Ingles Markets financial indicator trend analysis is infinitely more than just investigating Ingles Markets recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingles Markets is a good investment. Please check the relationship between Ingles Markets Payout Ratio and its Days Of Inventory On Hand accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingles Markets Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Payout Ratio vs Days Of Inventory On Hand

Payout Ratio vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingles Markets Payout Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ingles Markets' Payout Ratio and Days Of Inventory On Hand is 0.27. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Ingles Markets Incorporated, assuming nothing else is changed. The correlation between historical values of Ingles Markets' Payout Ratio and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Ingles Markets Incorporated are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Payout Ratio i.e., Ingles Markets' Payout Ratio and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Payout Ratio

Payout Ratio is the proportion of Ingles Markets Incorporated earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Ingles Markets dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Ingles Markets is paying out more in dividends than it makes in net income.

Days Of Inventory On Hand

Most indicators from Ingles Markets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingles Markets 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 Ingles Markets Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At present, Ingles Markets' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.38, whereas Selling General Administrative is forecasted to decline to about 680.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.6B1.7B
Total Revenue5.7B5.9B6.8B7.1B

Ingles Markets fundamental ratios Correlations

0.220.420.640.910.69-0.090.90.780.70.180.780.990.50.31.00.43-0.270.450.90.940.130.770.08-0.32-0.32
0.22-0.390.34-0.20.60.9-0.21-0.320.57-0.56-0.320.090.680.980.230.30.590.94-0.15-0.05-0.190.360.380.590.59
0.42-0.390.370.590.14-0.570.570.60.160.060.590.45-0.01-0.360.420.43-0.32-0.20.490.550.580.38-0.4-0.18-0.2
0.640.340.370.50.840.050.480.290.85-0.10.30.650.480.350.620.4-0.090.60.550.50.440.890.540.220.21
0.91-0.20.590.50.45-0.51.00.940.470.440.940.950.19-0.120.910.3-0.520.050.970.980.190.62-0.12-0.59-0.58
0.690.60.140.840.450.250.450.251.0-0.210.250.650.450.670.680.320.030.830.480.50.00.930.40.130.12
-0.090.9-0.570.05-0.50.25-0.51-0.620.22-0.62-0.62-0.210.590.85-0.090.170.680.74-0.46-0.37-0.20.00.440.690.69
0.9-0.210.570.481.00.45-0.510.940.470.460.940.940.15-0.130.90.27-0.540.040.970.970.150.61-0.13-0.63-0.62
0.78-0.320.60.290.940.25-0.620.940.270.521.00.810.09-0.260.790.24-0.53-0.130.910.940.180.43-0.38-0.66-0.65
0.70.570.160.850.471.00.220.470.27-0.20.270.660.420.640.690.310.00.80.50.510.00.940.40.110.1
0.18-0.560.06-0.10.44-0.21-0.620.460.52-0.20.520.3-0.36-0.550.19-0.05-0.41-0.50.470.38-0.01-0.07-0.18-0.71-0.71
0.78-0.320.590.30.940.25-0.620.941.00.270.520.810.09-0.260.790.24-0.53-0.130.910.940.180.44-0.37-0.66-0.65
0.990.090.450.650.950.65-0.210.940.810.660.30.810.40.170.980.38-0.360.340.940.950.140.760.1-0.41-0.4
0.50.68-0.010.480.190.450.590.150.090.42-0.360.090.40.630.490.540.240.680.220.320.360.40.340.450.49
0.30.98-0.360.35-0.120.670.85-0.13-0.260.64-0.55-0.260.170.630.30.270.520.96-0.090.02-0.290.450.350.490.49
1.00.230.420.620.910.68-0.090.90.790.690.190.790.980.490.30.43-0.250.440.890.950.120.750.04-0.33-0.32
0.430.30.430.40.30.320.170.270.240.31-0.050.240.380.540.270.430.270.350.290.380.360.36-0.120.20.22
-0.270.59-0.32-0.09-0.520.030.68-0.54-0.530.0-0.41-0.53-0.360.240.52-0.250.270.42-0.49-0.41-0.11-0.170.070.60.59
0.450.94-0.20.60.050.830.740.04-0.130.8-0.5-0.130.340.680.960.440.350.420.090.17-0.110.650.460.480.48
0.9-0.150.490.550.970.48-0.460.970.910.50.470.910.940.22-0.090.890.29-0.490.090.960.150.640.0-0.56-0.55
0.94-0.050.550.50.980.5-0.370.970.940.510.380.940.950.320.020.950.38-0.410.170.960.170.64-0.17-0.52-0.5
0.13-0.190.580.440.190.0-0.20.150.180.0-0.010.180.140.36-0.290.120.36-0.11-0.110.150.170.140.130.360.36
0.770.360.380.890.620.930.00.610.430.94-0.070.440.760.40.450.750.36-0.170.650.640.640.140.31-0.03-0.03
0.080.38-0.40.54-0.120.40.44-0.13-0.380.4-0.18-0.370.10.340.350.04-0.120.070.460.0-0.170.130.310.430.42
-0.320.59-0.180.22-0.590.130.69-0.63-0.660.11-0.71-0.66-0.410.450.49-0.330.20.60.48-0.56-0.520.36-0.030.431.0
-0.320.59-0.20.21-0.580.120.69-0.62-0.650.1-0.71-0.65-0.40.490.49-0.320.220.590.48-0.55-0.50.36-0.030.421.0
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Ingles Markets Account Relationship Matchups

Ingles Markets fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.0B2.3B2.5B2.8B3.0B
Short Long Term Debt Total605.5M589.5M571.9M595.5M684.8M563.9M
Other Current Liab69.7M4.1M102.8M75.5M68.0M64.6M
Total Current Liabilities323.8M378.9M333.8M330.5M380.1M224.3M
Total Stockholder Equity819.3M983.3M1.3B1.5B1.7B1.8B
Property Plant And Equipment Net1.4B1.4B1.4B1.5B1.7B894.7M
Net Debt598.6M519.2M304.7M266.9M307.0M519.7M
Retained Earnings816.3M985.7M1.2B1.4B1.7B1.7B
Cash6.9M70.3M267.2M328.5M377.8M396.7M
Non Current Assets Total1.4B1.4B1.5B1.5B1.7B916.9M
Non Currrent Assets Other(73.3B)72.1M(73.5B)32.3M29.1M30.5M
Cash And Short Term Investments6.9M75.3M267.2M328.5M377.8M396.7M
Net Receivables81.4M95.1M97.2M107.6M123.7M129.9M
Liabilities And Stockholders Equity1.9B2.0B2.3B2.5B2.8B3.0B
Non Current Liabilities Total756.2M656.2M702.1M684.3M787.0M632.3M
Inventory366.8M390.0M457.9M493.9M567.9M596.3M
Other Current Assets15.1M15.1M15.8M22.6M26.0M27.3M
Other Stockholder Equity12.3M462.0(425.0)(140.0)(161.0)(152.95)
Total Liab1.1B1.0B1.0B1.0B1.2B856.5M
Property Plant And Equipment Gross1.4B2.9B3.0B3.2B3.6B3.8B
Total Current Assets470.2M575.4M838.1M952.6M1.1B1.2B
Accumulated Other Comprehensive Income(10.3M)(3.4M)12.4M13.2M11.9M12.5M
Short Term Debt27.7M17.6M17.6M25.8M23.2M24.4M
Accounts Payable204.1M189.4M213.4M204.0M234.6M144.9M
Current Deferred Revenue78.6M96.4M167.7M30.3M34.9M33.1M
Other Liab117.4M129.0M123.2M115.1M132.3M138.9M
Other Assets28.0M32.0M44.8M16.6M19.0M23.7M
Long Term Debt586.2M571.9M554.3M532.6M612.5M753.9M
Property Plant Equipment1.3B1.4B1.4B1.4B1.6B1.2B
Net Tangible Assets662.7M819.3M983.3M1.3B1.4B1.5B
Retained Earnings Total Equity582.1M650.7M985.7M1.2B1.4B1.5B
Long Term Debt Total852.7M839.6M571.9M554.3M498.9M643.6M
Deferred Long Term Liab74.5M75.5M72.8M73.6M84.6M74.6M
Non Current Liabilities Other55.7M84.3M41.5M84.5M97.2M102.1M
Short Long Term Debt19.3M17.6M17.6M17.5M20.2M15.8M
Net Invested Capital1.4B1.6B1.8B550.2M495.1M470.4M

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When determining whether Ingles Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ingles Markets' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ingles Markets Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ingles Markets Incorporated Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingles Markets Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ingles Markets. If investors know Ingles will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ingles Markets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
0.66
Earnings Share
8.4
Revenue Per Share
306.779
Quarterly Revenue Growth
(0.03)
The market value of Ingles Markets is measured differently than its book value, which is the value of Ingles that is recorded on the company's balance sheet. Investors also form their own opinion of Ingles Markets' value that differs from its market value or its book value, called intrinsic value, which is Ingles Markets' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ingles Markets' market value can be influenced by many factors that don't directly affect Ingles Markets' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ingles Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingles Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingles Markets' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.