Income Net Debt vs Gross Profit Margin Analysis

INC-UN Stock

CAD 8.85 0.10 1.12%

Income Financial financial indicator trend analysis is infinitely more than just investigating Income Financial Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Income Financial Trust is a good investment. Please check the relationship between Income Financial Net Debt and its Gross Profit Margin accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Income Financial Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Income Financial Trust Net Debt account and Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Income Financial's Net Debt and Gross Profit Margin is -0.13. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Income Financial Trust, assuming nothing else is changed. The correlation between historical values of Income Financial's Net Debt and Gross Profit Margin 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 Income Financial Trust are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Debt i.e., Income Financial's Net Debt and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

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.

Gross Profit Margin

Most indicators from Income Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Income Financial Trust 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 Income Financial Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

At present, Income Financial's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 20.87, whereas Selling General Administrative is forecasted to decline to about 244.5 K.

Income Financial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Investments	Non Currrent Assets Other	Other Assets	Inventory	Common Stock	Net Tangible Assets	Long Term Investments	Non Current Liabilities Total	Net Invested Capital	Net Working Capital
Total Assets		0.56	0.55	1.0	0.27	-0.37	-0.27	0.99	-0.13	0.6	0.9	0.74	0.81	-0.13	0.91	-0.38	-0.32	-0.45	0.55	0.54	0.55	0.13	0.11	0.48
Other Current Liab	0.56		0.73	0.56	0.5	-0.5	-0.5	0.59	-0.06	0.46	0.54	0.42	0.49	-0.06	0.5	-0.37	-0.36	-0.29	0.18	0.16	0.25	0.05	-0.51	0.1
Total Current Liabilities	0.55	0.73		0.54	0.12	0.04	-0.13	0.55	-0.44	0.29	0.53	0.43	0.74	-0.44	0.42	-0.35	-0.18	0.19	0.13	-0.01	0.11	0.57	-0.63	-0.16
Total Stockholder Equity	1.0	0.56	0.54		0.28	-0.37	-0.27	0.99	-0.13	0.61	0.9	0.74	0.81	-0.13	0.91	-0.38	-0.32	-0.45	0.55	0.54	0.55	0.12	0.11	0.48
Net Debt	0.27	0.5	0.12	0.28		-0.53	-1.0	0.35	0.03	0.47	0.2	0.16	0.19	0.03	0.24	0.11	-0.13	-0.27	-0.23	-0.06	-0.12	-0.46	0.04	0.05
Accounts Payable	-0.37	-0.5	0.04	-0.37	-0.53		0.53	-0.39	0.14	-0.52	-0.51	-0.39	0.1	0.14	-0.24	-0.19	-0.03	0.41	0.07	0.02	0.0	0.75	0.04	-0.05
Cash	-0.27	-0.5	-0.13	-0.27	-1.0	0.53		-0.35	-0.02	-0.47	-0.2	-0.16	-0.19	-0.02	-0.24	-0.11	0.13	0.27	0.23	0.06	0.13	0.46	-0.03	-0.05
Non Current Assets Total	0.99	0.59	0.55	0.99	0.35	-0.39	-0.35		-0.14	0.62	0.89	0.73	0.82	-0.14	0.9	-0.36	-0.32	-0.45	0.51	0.51	0.51	0.09	0.11	0.45
Cash And Short Term Investments	-0.13	-0.06	-0.44	-0.13	0.03	0.14	-0.02	-0.14		-0.17	-0.36	-0.41	-0.17	1.0	0.21	-0.51	-0.58	-0.65	0.52	0.67	0.59	-0.02	0.44	0.7
Net Receivables	0.6	0.46	0.29	0.61	0.47	-0.52	-0.47	0.62	-0.17		0.65	0.62	0.44	-0.17	0.43	0.1	0.14	-0.15	0.04	0.09	0.07	-0.26	0.06	0.05
Common Stock Shares Outstanding	0.9	0.54	0.53	0.9	0.2	-0.51	-0.2	0.89	-0.36	0.65		0.78	0.71	-0.36	0.73	-0.1	-0.02	-0.22	0.37	0.28	0.36	0.02	0.04	0.21
Other Stockholder Equity	0.74	0.42	0.43	0.74	0.16	-0.39	-0.16	0.73	-0.41	0.62	0.78		0.6	-0.41	0.44	0.15	0.25	-0.12	0.08	0.1	0.08	-0.02	0.03	0.1
Total Liab	0.81	0.49	0.74	0.81	0.19	0.1	-0.19	0.82	-0.17	0.44	0.71	0.6		-0.17	0.74	-0.34	-0.21	-0.06	0.45	0.38	0.43	0.53	0.06	0.29
Total Current Assets	-0.13	-0.06	-0.44	-0.13	0.03	0.14	-0.02	-0.14	1.0	-0.17	-0.36	-0.41	-0.17		0.21	-0.51	-0.58	-0.65	0.53	0.68	0.59	-0.02	0.44	0.71
Short Term Investments	0.91	0.5	0.42	0.91	0.24	-0.24	-0.24	0.9	0.21	0.43	0.73	0.44	0.74	0.21		-0.66	-0.63	-0.63	0.8	0.79	0.81	0.2	0.22	0.71
Non Currrent Assets Other	-0.38	-0.37	-0.35	-0.38	0.11	-0.19	-0.11	-0.36	-0.51	0.1	-0.1	0.15	-0.34	-0.51	-0.66		0.91	0.57	-0.82	-0.76	-0.82	-0.47	0.13	-0.63
Other Assets	-0.32	-0.36	-0.18	-0.32	-0.13	-0.03	0.13	-0.32	-0.58	0.14	-0.02	0.25	-0.21	-0.58	-0.63	0.91		0.7	-0.72	-0.76	-0.75	-0.26	0.03	-0.72
Inventory	-0.45	-0.29	0.19	-0.45	-0.27	0.41	0.27	-0.45	-0.65	-0.15	-0.22	-0.12	-0.06	-0.65	-0.63	0.57	0.7		-0.63	-0.82	-0.7	0.25	-0.32	-0.85
Common Stock	0.55	0.18	0.13	0.55	-0.23	0.07	0.23	0.51	0.52	0.04	0.37	0.08	0.45	0.53	0.8	-0.82	-0.72	-0.63		0.92	0.99	0.36	0.32	0.82
Net Tangible Assets	0.54	0.16	-0.01	0.54	-0.06	0.02	0.06	0.51	0.67	0.09	0.28	0.1	0.38	0.68	0.79	-0.76	-0.76	-0.82	0.92		0.94	0.24	0.43	0.95
Long Term Investments	0.55	0.25	0.11	0.55	-0.12	0.0	0.13	0.51	0.59	0.07	0.36	0.08	0.43	0.59	0.81	-0.82	-0.75	-0.7	0.99	0.94		0.3	0.34	0.86
Non Current Liabilities Total	0.13	0.05	0.57	0.12	-0.46	0.75	0.46	0.09	-0.02	-0.26	0.02	-0.02	0.53	-0.02	0.2	-0.47	-0.26	0.25	0.36	0.24	0.3		-0.24	0.11
Net Invested Capital	0.11	-0.51	-0.63	0.11	0.04	0.04	-0.03	0.11	0.44	0.06	0.04	0.03	0.06	0.44	0.22	0.13	0.03	-0.32	0.32	0.43	0.34	-0.24		0.55
Net Working Capital	0.48	0.1	-0.16	0.48	0.05	-0.05	-0.05	0.45	0.7	0.05	0.21	0.1	0.29	0.71	0.71	-0.63	-0.72	-0.85	0.82	0.95	0.86	0.11	0.55

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Income Financial Account Relationship Matchups

Income Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.3M	15.9M	20.7M	24.7M	23.7M	22.4M
Other Current Liab	71.6K	(141.3K)	(321.3K)	(313.0K)	368.7K	387.1K
Total Current Liabilities	254.6K	141.3K	321.3K	313.0K	564.9K	593.1K
Total Stockholder Equity	19.1M	15.6M	20.3M	24.4M	23.3M	22.2M
Net Debt	(516.1K)	(872.9K)	(1.9M)	(3.3M)	(1.4M)	(1.5M)
Accounts Payable	183.0K	141.3K	321.3K	313.0K	196.2K	224.3K
Cash	516.1K	872.9K	1.9M	3.3M	1.4M	1.5M
Non Current Assets Total	18.6M	15.0M	18.7M	21.4M	22.2M	20.8M
Cash And Short Term Investments	19.1M	872.9K	1.9M	3.3M	1.4M	1.4M
Net Receivables	194.3K	41.7K	51.2K	57.1K	58.1K	73.4K
Liabilities And Stockholders Equity	19.3M	15.9M	20.7M	24.7M	23.7M	22.4M
Total Liab	254.6K	141.3K	321.3K	313.0K	368.7K	257.6K
Total Current Assets	19.3M	914.6K	2.0M	3.4M	1.5M	1.4M
Short Term Investments	18.6M	15.0M	18.7M	21.4M	22.2M	18.4M
Non Currrent Assets Other	(18.6M)	(15.0M)	(18.7M)	(21.4M)	(22.2M)	(23.3M)
Other Current Assets	(19.3M)	(15.9M)	(20.7M)	(24.7M)	(23.7M)	(24.9M)
Common Stock	19.1M	15.6M	20.3M	24.4M	23.3M	18.2M
Net Tangible Assets	17.7M	19.1M	15.6M	20.3M	18.3M	17.5M
Long Term Investments	18.6M	15.0M	18.7M	21.4M	22.2M	16.9M
Non Current Liabilities Total	254.6K	222.5K	385.9K	370.1K	368.7K	366.9K

Pair Trading with Income Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Income Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Income Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Income Stock

0.82	AEMC	Alaska Energy Metals	Pair Corr
0.76	EOG	Eco Atlantic Oil	Pair Corr
0.7	CMC	Cielo Waste Solutions	Pair Corr

The ability to find closely correlated positions to Income Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Income Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Income Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Income Financial Trust to buy it.

The correlation of Income Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Income Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Income Financial Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Income Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Income Stock

Balance Sheet is a snapshot of the financial position of Income Financial Trust at a specified time, usually calculated after every quarter, six months, or one year. Income Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Income Financial 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 Income currently owns. An asset can also be divided into two categories, current and non-current.

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Income Net Debt vs Gross Profit Margin Analysis

Net Debt vs Gross Profit Margin

Net Debt vs Gross Profit Margin Correlation Analysis

Correlation Coefficient

Net Debt

Gross Profit Margin

Income Financial fundamental ratios Correlations

Income Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Income Financial fundamental ratios Accounts

Pair Trading with Income Financial

Moving against Income Stock

Other Information on Investing in Income Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Long Term Investments	+ 0.99	Common Stock
Net Working Capital	+ 0.95	Net Tangible Assets

Cash	- 1.0	Net Debt
Net Working Capital	- 0.85	Inventory
Net Tangible Assets	- 0.82	Inventory
Long Term Investments	- 0.82	Non Currrent Assets Other
Common Stock	- 0.82	Non Currrent Assets Other
Net Tangible Assets	- 0.76	Other Assets