INC Historical Balance Sheet
INCR Stock | USD 1.33 0.02 1.48% |
Trend analysis of INC Research Holdings balance sheet accounts such as Short and Long Term Debt Total of 205.5 M or Other Current Liab of 57.3 M provides information on INC Research's total assets, liabilities, and equity, which is the actual value of INC Research Holdings to its prevalent stockholders. By breaking down trends over time using INC Research balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining INC Research Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether INC Research Holdings is a good buy for the upcoming year.
INC Research Inventory |
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About INC Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of INC Research Holdings at a specified time, usually calculated after every quarter, six months, or one year. INC Research Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of INC Research 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 INC currently owns. An asset can also be divided into two categories, current and non-current.
INC Research Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most accounts from INC Research's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into INC Research Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 INC Research Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, INC Research's Current Deferred Revenue is relatively stable compared to the past year. As of 12/01/2024, Net Debt is likely to grow to about 99.3 M, while Cash is likely to drop slightly above 51.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 108.9M | 255.2M | 195.7M | 205.5M | Total Assets | 686.3M | 958.0M | 786.6M | 825.9M |
INC Research balance sheet Correlations
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INC Research Account Relationship Matchups
High Positive Relationship
High Negative Relationship
INC Research balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 23.3M | 25.4M | 46.9M | 45.4M | 45.6M | 47.9M | |
Total Assets | 282.2M | 326.3M | 686.3M | 958.0M | 786.6M | 825.9M | |
Short Long Term Debt Total | 17.1M | 6.7M | 108.9M | 255.2M | 195.7M | 205.5M | |
Other Current Liab | 3.9M | 13.4M | 53.5M | 54.3M | 54.6M | 57.3M | |
Total Current Liabilities | 22.6M | 29.9M | 193.6M | 312.7M | 225.9M | 237.2M | |
Total Stockholder Equity | 256.0M | 274.5M | 448.0M | 501.3M | 455.1M | 477.9M | |
Property Plant And Equipment Net | 32.2M | 53.5M | 86.5M | 103.1M | 97.5M | 102.3M | |
Net Debt | (10.3M) | (31.2M) | (87.3M) | 22.6M | 94.5M | 99.3M | |
Retained Earnings | (151.0M) | (191.2M) | (186.5M) | (141.6M) | (204.0M) | (214.2M) | |
Accounts Payable | 4.9M | 18.6M | 64.5M | 126.1M | 78.4M | 82.4M | |
Cash | 27.3M | 37.9M | 196.2M | 232.6M | 101.1M | 51.8M | |
Non Current Assets Total | 240.0M | 249.6M | 350.2M | 450.5M | 367.8M | 386.2M | |
Cash And Short Term Investments | 27.5M | 38.3M | 196.5M | 232.8M | 101.3M | 53.2M | |
Net Receivables | 8.9M | 15.4M | 37.5M | 40.8M | 61.1M | 64.2M | |
Liabilities And Stockholders Equity | 282.2M | 326.3M | 686.3M | 958.0M | 786.6M | 825.9M | |
Non Current Liabilities Total | 3.4M | 4.3M | 33.5M | 123.8M | 103.7M | 108.9M | |
Inventory | 5.8M | 22.2M | 67.9M | 126.5M | 106.3M | 111.6M | |
Other Current Assets | 1.1M | 6.9M | 58.7M | 113.8M | 150.9M | 158.4M | |
Other Stockholder Equity | 1.2M | 1.0 | 8.5M | 8.5M | 7.7M | 7.3M | |
Total Liab | 26.0M | 34.2M | 227.1M | 436.5M | 329.6M | 346.0M | |
Total Current Assets | 42.2M | 76.7M | 336.2M | 507.5M | 418.8M | 439.7M | |
Short Term Debt | 13.8M | 1.7M | 75.6M | 132.4M | 92.8M | 97.5M | |
Common Stock | 403.4M | 452.3M | 623.6M | 632.0M | 643.2M | 351.2M | |
Short Term Investments | 177K | 376K | 330K | 205K | 187K | 177.7K | |
Net Tangible Assets | 19.7M | 88.0M | 84.4M | 190.0M | 218.5M | 229.4M | |
Net Invested Capital | 270.3M | 277.7M | 532.3M | 729.0M | 625.5M | 391.4M | |
Short Long Term Debt | 13.8M | 2.6M | 72.3M | 128.0M | 88.2M | 50.4M | |
Net Working Capital | 19.6M | 46.8M | 142.6M | 194.8M | 192.9M | 202.6M | |
Property Plant Equipment | 86K | 32.2M | 53.5M | 86.5M | 99.5M | 104.5M | |
Long Term Investments | 39.9M | 3.1M | 2.6M | 42.6M | 1.9M | 1.8M | |
Capital Stock | 403.4M | 452.3M | 623.6M | 632.0M | 643.2M | 534.7M |
Pair Trading with INC Research
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 INC Research 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 INC Research will appreciate offsetting losses from the drop in the long position's value.Moving against INC Stock
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The ability to find closely correlated positions to INC Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INC Research 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 INC Research - 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 INC Research Holdings to buy it.
The correlation of INC Research 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 INC Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INC Research Holdings 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 INC Research 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.Additional Tools for INC Stock Analysis
When running INC Research's price analysis, check to measure INC Research's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy INC Research is operating at the current time. Most of INC Research's value examination focuses on studying past and present price action to predict the probability of INC Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INC Research's price. Additionally, you may evaluate how the addition of INC Research to your portfolios can decrease your overall portfolio volatility.