Inchcape Interest Expense vs Net Income Analysis

INCH Stock

772.00 2.00 0.26%

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

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inchcape PLC Interest Expense account and Net Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Inchcape PLC's Interest Expense and Net Income is 0.35. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Inchcape PLC, assuming nothing else is changed. The correlation between historical values of Inchcape PLC's Interest Expense and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Inchcape PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Inchcape PLC's Interest Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

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Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Inchcape PLC financial statement analysis. It represents the amount of money remaining after all of Inchcape PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

Selling General Administrative is likely to drop to about 515.2 M in 2024. Tax Provision is likely to drop to about 86.6 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	29.6M	39.8M	206M	216.3M
Depreciation And Amortization	109M	118.6M	162M	170.1M

Interest Expense Depreciation And Amortization

Inchcape PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Intangible Assets
Total Assets		0.91	0.68	0.98	0.45	0.93	0.86	0.29	0.07	0.59	0.97	0.08	0.55	-0.71	-0.25	0.82	0.99	0.13	0.68	0.99	0.88	0.99	0.72	-0.22	0.22	0.85
Short Long Term Debt Total	0.91		0.77	0.9	0.17	0.79	0.99	-0.06	-0.2	0.43	0.91	0.13	0.34	-0.43	-0.16	0.89	0.91	0.22	0.67	0.93	0.9	0.91	0.77	0.1	0.48	0.89
Other Current Liab	0.68	0.77		0.66	0.19	0.55	0.77	-0.11	-0.55	0.21	0.7	0.47	0.18	-0.4	0.27	0.58	0.68	0.13	0.84	0.66	0.83	0.65	0.37	0.18	0.29	0.56
Total Current Liabilities	0.98	0.9	0.66		0.36	0.91	0.86	0.21	0.13	0.55	0.93	0.06	0.52	-0.64	-0.32	0.76	0.99	0.07	0.7	0.99	0.87	0.99	0.71	-0.14	0.33	0.81
Total Stockholder Equity	0.45	0.17	0.19	0.36		0.44	0.07	0.89	0.09	0.69	0.44	0.04	0.74	-0.72	-0.02	0.2	0.39	0.22	0.19	0.35	0.21	0.43	0.26	-0.82	-0.59	0.21
Property Plant And Equipment Net	0.93	0.79	0.55	0.91	0.44		0.75	0.34	0.25	0.46	0.94	0.03	0.39	-0.75	-0.31	0.71	0.92	-0.02	0.64	0.92	0.82	0.9	0.55	-0.3	0.14	0.79
Net Debt	0.86	0.99	0.77	0.86	0.07	0.75		-0.16	-0.24	0.29	0.88	0.17	0.2	-0.35	-0.13	0.87	0.87	0.17	0.67	0.89	0.91	0.86	0.71	0.19	0.55	0.86
Retained Earnings	0.29	-0.06	-0.11	0.21	0.89	0.34	-0.16		0.37	0.57	0.26	-0.07	0.67	-0.75	-0.13	0.05	0.24	0.02	-0.05	0.19	0.02	0.27	0.08	-0.91	-0.76	0.03
Accounts Payable	0.07	-0.2	-0.55	0.13	0.09	0.25	-0.24	0.37		0.12	0.0	-0.33	0.12	-0.26	-0.64	-0.16	0.12	-0.51	-0.18	0.09	-0.11	0.1	-0.11	-0.39	-0.08	-0.05
Cash	0.59	0.43	0.21	0.55	0.69	0.46	0.29	0.57	0.12		0.5	-0.25	0.95	-0.54	-0.37	0.43	0.53	0.41	0.22	0.56	0.25	0.62	0.7	-0.59	-0.25	0.48
Non Current Assets Total	0.97	0.91	0.7	0.93	0.44	0.94	0.88	0.26	0.0	0.5		0.17	0.42	-0.73	-0.18	0.88	0.95	0.1	0.66	0.96	0.91	0.95	0.65	-0.21	0.18	0.89
Non Currrent Assets Other	0.08	0.13	0.47	0.06	0.04	0.03	0.17	-0.07	-0.33	-0.25	0.17		-0.17	-0.21	0.44	0.06	0.11	-0.49	0.15	0.04	0.34	0.06	-0.31	0.14	-0.08	-0.04
Cash And Short Term Investments	0.55	0.34	0.18	0.52	0.74	0.39	0.2	0.67	0.12	0.95	0.42	-0.17		-0.56	-0.31	0.31	0.5	0.39	0.13	0.5	0.17	0.58	0.65	-0.65	-0.35	0.34
Common Stock Total Equity	-0.71	-0.43	-0.4	-0.64	-0.72	-0.75	-0.35	-0.75	-0.26	-0.54	-0.73	-0.21	-0.56		0.16	-0.51	-0.69	0.16	-0.4	-0.64	-0.59	-0.68	-0.24	0.68	0.46	-0.51
Common Stock Shares Outstanding	-0.25	-0.16	0.27	-0.32	-0.02	-0.31	-0.13	-0.13	-0.64	-0.37	-0.18	0.44	-0.31	0.16		-0.21	-0.29	0.13	0.08	-0.33	-0.07	-0.29	-0.31	0.39	-0.17	-0.29
Non Current Liabilities Total	0.82	0.89	0.58	0.76	0.2	0.71	0.87	0.05	-0.16	0.43	0.88	0.06	0.31	-0.51	-0.21		0.78	0.23	0.46	0.83	0.81	0.8	0.7	-0.08	0.25	0.94
Inventory	0.99	0.91	0.68	0.99	0.39	0.92	0.87	0.24	0.12	0.53	0.95	0.11	0.5	-0.69	-0.29	0.78		0.04	0.69	0.99	0.9	0.99	0.68	-0.17	0.28	0.82
Other Current Assets	0.13	0.22	0.13	0.07	0.22	-0.02	0.17	0.02	-0.51	0.41	0.1	-0.49	0.39	0.16	0.13	0.23	0.04		0.0	0.12	-0.1	0.14	0.62	-0.01	0.02	0.24
Other Stockholder Equity	0.68	0.67	0.84	0.7	0.19	0.64	0.67	-0.05	-0.18	0.22	0.66	0.15	0.13	-0.4	0.08	0.46	0.69	0.0		0.67	0.8	0.66	0.27	0.14	0.38	0.51
Total Liab	0.99	0.93	0.66	0.99	0.35	0.92	0.89	0.19	0.09	0.56	0.96	0.04	0.5	-0.64	-0.33	0.83	0.99	0.12	0.67		0.88	0.99	0.75	-0.15	0.32	0.87
Property Plant And Equipment Gross	0.88	0.9	0.83	0.87	0.21	0.82	0.91	0.02	-0.11	0.25	0.91	0.34	0.17	-0.59	-0.07	0.81	0.9	-0.1	0.8	0.88		0.86	0.45	0.05	0.37	0.8
Total Current Assets	0.99	0.91	0.65	0.99	0.43	0.9	0.86	0.27	0.1	0.62	0.95	0.06	0.58	-0.68	-0.29	0.8	0.99	0.14	0.66	0.99	0.86		0.75	-0.2	0.26	0.84
Short Term Debt	0.72	0.77	0.37	0.71	0.26	0.55	0.71	0.08	-0.11	0.7	0.65	-0.31	0.65	-0.24	-0.31	0.7	0.68	0.62	0.27	0.75	0.45	0.75		-0.08	0.3	0.73
Common Stock	-0.22	0.1	0.18	-0.14	-0.82	-0.3	0.19	-0.91	-0.39	-0.59	-0.21	0.14	-0.65	0.68	0.39	-0.08	-0.17	-0.01	0.14	-0.15	0.05	-0.2	-0.08		0.74	-0.09
Net Receivables	0.22	0.48	0.29	0.33	-0.59	0.14	0.55	-0.76	-0.08	-0.25	0.18	-0.08	-0.35	0.46	-0.17	0.25	0.28	0.02	0.38	0.32	0.37	0.26	0.3	0.74		0.3
Intangible Assets	0.85	0.89	0.56	0.81	0.21	0.79	0.86	0.03	-0.05	0.48	0.89	-0.04	0.34	-0.51	-0.29	0.94	0.82	0.24	0.51	0.87	0.8	0.84	0.73	-0.09	0.3

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Inchcape PLC Account Relationship Matchups

Inchcape PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	3.6B	3.6B	7.0B	7.1B	7.5B
Short Long Term Debt Total	672.9M	550.8M	541.7M	3.4B	3.6B	3.8B
Other Current Liab	(291.1M)	525.6M	597.5M	1.2B	2.9B	3.1B
Total Current Liabilities	2.3B	1.8B	1.7B	3.7B	4.1B	4.3B
Total Stockholder Equity	1.3B	1.0B	1.1B	1.5B	1.5B	936.0M
Property Plant And Equipment Net	1.0B	827.1M	809.4M	1.2B	1.3B	1.3B
Net Debt	249.9M	69.6M	(54.7M)	2.3B	2.9B	3.1B
Retained Earnings	1.1B	962.8M	1.0B	1.1B	940M	677.1M
Accounts Payable	2.0B	1.2B	1.0B	418M	358M	340.1M
Cash	423M	481.2M	596.4M	1.1B	689M	439.2M
Non Current Assets Total	1.8B	1.5B	1.5B	2.6B	2.8B	2.9B
Non Currrent Assets Other	(129.9M)	(10M)	27.0M	(158.1M)	134M	140.7M
Cash And Short Term Investments	423.2M	481.4M	596.6M	1.1B	689M	463.4M
Liabilities And Stockholders Equity	4.5B	3.6B	3.6B	7.0B	7.1B	7.5B
Non Current Liabilities Total	822M	733.9M	685.4M	1.7B	1.4B	1.5B
Inventory	1.6B	1.2B	1.1B	2.4B	2.7B	2.9B
Other Current Assets	221.4M	98.9M	85M	1.0B	200M	190M
Total Liab	3.2B	2.6B	2.4B	5.4B	5.5B	5.8B
Property Plant And Equipment Gross	1.0B	827.1M	809.4M	1.2B	2.1B	2.2B
Total Current Assets	2.7B	2.1B	2.1B	4.4B	4.4B	4.6B
Short Term Debt	106.9M	64.6M	64.1M	2.1B	733M	769.7M
Common Stock	40M	39.4M	38.5M	37.6M	42M	72.2M
Net Receivables	478.1M	197.6M	184.8M	428M	743M	780.2M
Accumulated Other Comprehensive Income	(49.8M)	(107M)	(85M)	212.3M	80M	84M
Intangible Assets	577.9M	425.8M	394.1M	1.2B	969M	1.0B
Other Liab	208.5M	256M	247.7M	207.8M	239.0M	175.2M
Other Assets	202.2M	175.7M	(10K)	1.0	1.15	1.09
Long Term Debt	360.5M	210M	270M	895.6M	638M	669.9M
Good Will	215.7M	119M	116.3M	270.3M	302M	309.9M
Property Plant Equipment	1.2B	1.0B	827.1M	809.4M	930.8M	671.1M
Current Deferred Revenue	60.3M	160.8M	172.1M	261.3M	264M	277.2M
Net Tangible Assets	732.4M	700.4M	614.2M	714.8M	643.3M	603.0M
Short Long Term Debt	50.1M	6.1M	7.6M	546.3M	652M	334.9M
Capital Lease Obligations	352.8M	332.8M	324.1M	499.4M	440M	269.3M

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Inchcape Interest Expense vs Net Income Analysis

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

Correlation Coefficient

Interest Expense

Net Income

Inchcape PLC fundamental ratios Correlations

Inchcape PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Inchcape PLC fundamental ratios Accounts

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Additional Tools for Inchcape Stock Analysis

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COMPANY

Inventory	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Inventory	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities

Common Stock	- 0.91	Retained Earnings
Common Stock	- 0.82	Total Stockholder Equity
Net Receivables	- 0.76	Retained Earnings
Common Stock Total Equity	- 0.75	Retained Earnings
Common Stock Total Equity	- 0.75	Property Plant And Equipment Net
Common Stock Total Equity	- 0.73	Non Current Assets Total