Inchcape Net Debt vs Cash And Short Term Investments Analysis

INCH Stock

784.50 8.00 1.03%

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 Net Debt and its Cash And Short Term Investments 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inchcape PLC Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.

The correlation between Inchcape PLC's Net Debt and Cash And Short Term Investments is 0.2. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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 Net Debt and Cash And Short Term Investments 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 Inchcape PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Inchcape PLC's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

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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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Inchcape PLC balance sheet. This account contains Inchcape PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Inchcape PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

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

COMMON DESTINATIONS

MAIN CATEGORIES

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