Inchcape Total Liab vs Total Assets 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 Total Liab and its Total Assets 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.

Total Liab vs Total Assets

Total Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inchcape PLC Total Liab account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Inchcape PLC's Total Liab and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets 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 Total Liab and Total Assets 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 Liab of Inchcape PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., Inchcape PLC's Total Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Assets

Total assets refers to the total amount of Inchcape PLC 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 Inchcape PLC 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.
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 Expense29.6M39.8M206M216.3M
Depreciation And Amortization109M118.6M162M170.1M

Inchcape PLC fundamental ratios Correlations

0.910.680.980.450.930.860.290.070.590.970.080.55-0.71-0.250.820.990.130.680.990.880.990.72-0.220.220.85
0.910.770.90.170.790.99-0.06-0.20.430.910.130.34-0.43-0.160.890.910.220.670.930.90.910.770.10.480.89
0.680.770.660.190.550.77-0.11-0.550.210.70.470.18-0.40.270.580.680.130.840.660.830.650.370.180.290.56
0.980.90.660.360.910.860.210.130.550.930.060.52-0.64-0.320.760.990.070.70.990.870.990.71-0.140.330.81
0.450.170.190.360.440.070.890.090.690.440.040.74-0.72-0.020.20.390.220.190.350.210.430.26-0.82-0.590.21
0.930.790.550.910.440.750.340.250.460.940.030.39-0.75-0.310.710.92-0.020.640.920.820.90.55-0.30.140.79
0.860.990.770.860.070.75-0.16-0.240.290.880.170.2-0.35-0.130.870.870.170.670.890.910.860.710.190.550.86
0.29-0.06-0.110.210.890.34-0.160.370.570.26-0.070.67-0.75-0.130.050.240.02-0.050.190.020.270.08-0.91-0.760.03
0.07-0.2-0.550.130.090.25-0.240.370.120.0-0.330.12-0.26-0.64-0.160.12-0.51-0.180.09-0.110.1-0.11-0.39-0.08-0.05
0.590.430.210.550.690.460.290.570.120.5-0.250.95-0.54-0.370.430.530.410.220.560.250.620.7-0.59-0.250.48
0.970.910.70.930.440.940.880.260.00.50.170.42-0.73-0.180.880.950.10.660.960.910.950.65-0.210.180.89
0.080.130.470.060.040.030.17-0.07-0.33-0.250.17-0.17-0.210.440.060.11-0.490.150.040.340.06-0.310.14-0.08-0.04
0.550.340.180.520.740.390.20.670.120.950.42-0.17-0.56-0.310.310.50.390.130.50.170.580.65-0.65-0.350.34
-0.71-0.43-0.4-0.64-0.72-0.75-0.35-0.75-0.26-0.54-0.73-0.21-0.560.16-0.51-0.690.16-0.4-0.64-0.59-0.68-0.240.680.46-0.51
-0.25-0.160.27-0.32-0.02-0.31-0.13-0.13-0.64-0.37-0.180.44-0.310.16-0.21-0.290.130.08-0.33-0.07-0.29-0.310.39-0.17-0.29
0.820.890.580.760.20.710.870.05-0.160.430.880.060.31-0.51-0.210.780.230.460.830.810.80.7-0.080.250.94
0.990.910.680.990.390.920.870.240.120.530.950.110.5-0.69-0.290.780.040.690.990.90.990.68-0.170.280.82
0.130.220.130.070.22-0.020.170.02-0.510.410.1-0.490.390.160.130.230.040.00.12-0.10.140.62-0.010.020.24
0.680.670.840.70.190.640.67-0.05-0.180.220.660.150.13-0.40.080.460.690.00.670.80.660.270.140.380.51
0.990.930.660.990.350.920.890.190.090.560.960.040.5-0.64-0.330.830.990.120.670.880.990.75-0.150.320.87
0.880.90.830.870.210.820.910.02-0.110.250.910.340.17-0.59-0.070.810.9-0.10.80.880.860.450.050.370.8
0.990.910.650.990.430.90.860.270.10.620.950.060.58-0.68-0.290.80.990.140.660.990.860.75-0.20.260.84
0.720.770.370.710.260.550.710.08-0.110.70.65-0.310.65-0.24-0.310.70.680.620.270.750.450.75-0.080.30.73
-0.220.10.18-0.14-0.82-0.30.19-0.91-0.39-0.59-0.210.14-0.650.680.39-0.08-0.17-0.010.14-0.150.05-0.2-0.080.74-0.09
0.220.480.290.33-0.590.140.55-0.76-0.08-0.250.18-0.08-0.350.46-0.170.250.280.020.380.320.370.260.30.740.3
0.850.890.560.810.210.790.860.03-0.050.480.89-0.040.34-0.51-0.290.940.820.240.510.870.80.840.73-0.090.3
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Inchcape PLC Account Relationship Matchups

Inchcape PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B3.6B3.6B7.0B7.1B7.5B
Short Long Term Debt Total672.9M550.8M541.7M3.4B3.6B3.8B
Other Current Liab(291.1M)525.6M597.5M1.2B2.9B3.1B
Total Current Liabilities2.3B1.8B1.7B3.7B4.1B4.3B
Total Stockholder Equity1.3B1.0B1.1B1.5B1.5B936.0M
Property Plant And Equipment Net1.0B827.1M809.4M1.2B1.3B1.3B
Net Debt249.9M69.6M(54.7M)2.3B2.9B3.1B
Retained Earnings1.1B962.8M1.0B1.1B940M677.1M
Accounts Payable2.0B1.2B1.0B418M358M340.1M
Cash423M481.2M596.4M1.1B689M439.2M
Non Current Assets Total1.8B1.5B1.5B2.6B2.8B2.9B
Non Currrent Assets Other(129.9M)(10M)27.0M(158.1M)134M140.7M
Cash And Short Term Investments423.2M481.4M596.6M1.1B689M463.4M
Liabilities And Stockholders Equity4.5B3.6B3.6B7.0B7.1B7.5B
Non Current Liabilities Total822M733.9M685.4M1.7B1.4B1.5B
Inventory1.6B1.2B1.1B2.4B2.7B2.9B
Other Current Assets221.4M98.9M85M1.0B200M190M
Total Liab3.2B2.6B2.4B5.4B5.5B5.8B
Property Plant And Equipment Gross1.0B827.1M809.4M1.2B2.1B2.2B
Total Current Assets2.7B2.1B2.1B4.4B4.4B4.6B
Short Term Debt106.9M64.6M64.1M2.1B733M769.7M
Common Stock40M39.4M38.5M37.6M42M72.2M
Net Receivables478.1M197.6M184.8M428M743M780.2M
Accumulated Other Comprehensive Income(49.8M)(107M)(85M)212.3M80M84M
Intangible Assets577.9M425.8M394.1M1.2B969M1.0B
Other Liab208.5M256M247.7M207.8M239.0M175.2M
Other Assets202.2M175.7M(10K)1.01.151.09
Long Term Debt360.5M210M270M895.6M638M669.9M
Good Will215.7M119M116.3M270.3M302M309.9M
Property Plant Equipment1.2B1.0B827.1M809.4M930.8M671.1M
Current Deferred Revenue60.3M160.8M172.1M261.3M264M277.2M
Net Tangible Assets732.4M700.4M614.2M714.8M643.3M603.0M
Short Long Term Debt50.1M6.1M7.6M546.3M652M334.9M
Capital Lease Obligations352.8M332.8M324.1M499.4M440M269.3M

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