Ingersoll Common Stock vs Short Term Investments Analysis

INGERRAND

4,485 106.55 2.32%

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

For information on how to trade Ingersoll Stock refer to our How to Trade Ingersoll Stock guide.

Common Stock vs Short Term Investments

Common Stock vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingersoll Rand Common Stock account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ingersoll Rand's Common Stock and Short Term Investments is -0.2. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Ingersoll Rand Limited, assuming nothing else is changed. The correlation between historical values of Ingersoll Rand's Common Stock 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 Common Stock of Ingersoll Rand Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock i.e., Ingersoll Rand's Common Stock and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.2

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock

Short Term Investments

Short Term Investments is an item under the current assets section of Ingersoll Rand balance sheet. It contains any investments Ingersoll Rand Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Ingersoll Rand can easily liquidate in the marketplace.

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

For information on how to trade Ingersoll Stock refer to our How to Trade Ingersoll Stock guide.At present, Ingersoll Rand's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 18.6 M, whereas Tax Provision is forecasted to decline to about 475.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.0B	4.6B	5.2B	2.7B
Total Revenue	9.0B	11.5B	12.1B	7.0B

Gross Profit Total Revenue

Ingersoll Rand fundamental ratios Correlations

	Total Assets	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	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment
Total Assets		-0.23	-0.15	0.98	0.32	-0.88	0.84	-0.04	0.9	0.8	0.65	0.85	-0.41	-0.02	0.41	-0.2	-0.01	0.07	0.28	-0.16	0.92	0.06	-0.28	0.76	0.43	0.27
Other Current Liab	-0.23		0.35	-0.29	-0.27	0.19	-0.14	0.16	-0.19	-0.41	-0.16	-0.19	0.49	-0.08	-0.27	-0.32	0.43	-0.18	-0.22	0.31	-0.11	0.0	-0.44	-0.03	0.03	-0.1
Total Current Liabilities	-0.15	0.35		-0.36	0.43	0.39	-0.54	0.95	-0.38	-0.16	-0.27	-0.45	0.84	-0.2	-0.53	0.38	0.81	-0.42	-0.1	1.0	-0.13	0.03	0.11	-0.58	-0.68	-0.26
Total Stockholder Equity	0.98	-0.29	-0.36		0.21	-0.91	0.91	-0.25	0.93	0.79	0.67	0.9	-0.56	0.03	0.5	-0.28	-0.18	0.16	0.28	-0.37	0.9	0.05	-0.3	0.85	0.56	0.31
Property Plant And Equipment Net	0.32	-0.27	0.43	0.21		-0.09	-0.15	0.55	0.08	0.67	0.28	-0.09	0.25	-0.03	-0.36	0.23	0.22	-0.45	0.57	0.44	0.13	-0.13	-0.01	-0.16	-0.24	0.34
Net Debt	-0.88	0.19	0.39	-0.91	-0.09		-0.89	0.3	-0.99	-0.66	-0.55	-0.96	0.69	-0.28	-0.41	0.34	0.29	-0.14	-0.26	0.4	-0.91	0.19	0.31	-0.87	-0.66	-0.34
Retained Earnings	0.84	-0.14	-0.54	0.91	-0.15	-0.89		-0.47	0.9	0.53	0.55	0.93	-0.67	0.13	0.69	-0.42	-0.23	0.36	0.05	-0.55	0.88	-0.04	-0.35	0.95	0.73	0.31
Accounts Payable	-0.04	0.16	0.95	-0.25	0.55	0.3	-0.47		-0.3	0.0	-0.16	-0.38	0.77	-0.06	-0.41	0.32	0.75	-0.33	0.04	0.95	-0.04	-0.05	0.09	-0.55	-0.6	-0.11
Cash	0.9	-0.19	-0.38	0.93	0.08	-0.99	0.9	-0.3		0.65	0.55	0.97	-0.68	0.18	0.39	-0.29	-0.29	0.12	0.24	-0.39	0.91	-0.08	-0.3	0.86	0.63	0.29
Non Current Assets Total	0.8	-0.41	-0.16	0.79	0.67	-0.66	0.53	0.0	0.65		0.78	0.51	-0.34	0.11	0.2	-0.21	-0.15	-0.15	0.69	-0.17	0.6	-0.1	-0.15	0.55	0.34	0.46
Non Currrent Assets Other	0.65	-0.16	-0.27	0.67	0.28	-0.55	0.55	-0.16	0.55	0.78		0.42	-0.32	0.11	0.35	-0.51	-0.18	0.0	0.52	-0.3	0.49	-0.04	0.0	0.6	0.41	0.32
Cash And Short Term Investments	0.85	-0.19	-0.45	0.9	-0.09	-0.96	0.93	-0.38	0.97	0.51	0.42		-0.71	0.15	0.51	-0.26	-0.29	0.28	0.06	-0.46	0.9	-0.05	-0.32	0.86	0.66	0.25
Net Receivables	-0.41	0.49	0.84	-0.56	0.25	0.69	-0.67	0.77	-0.68	-0.34	-0.32	-0.71		-0.33	-0.46	0.23	0.77	-0.28	-0.2	0.83	-0.43	0.17	-0.01	-0.69	-0.65	-0.27
Common Stock Shares Outstanding	-0.02	-0.08	-0.2	0.03	-0.03	-0.28	0.13	-0.06	0.18	0.11	0.11	0.15	-0.33		0.27	-0.53	-0.26	0.22	0.35	-0.21	0.2	-0.89	-0.07	0.27	0.42	0.57
Short Term Investments	0.41	-0.27	-0.53	0.5	-0.36	-0.41	0.69	-0.41	0.39	0.2	0.35	0.51	-0.46	0.27		-0.36	-0.11	0.73	-0.16	-0.53	0.51	-0.2	-0.1	0.6	0.6	0.29
Non Current Liabilities Total	-0.2	-0.32	0.38	-0.28	0.23	0.34	-0.42	0.32	-0.29	-0.21	-0.51	-0.26	0.23	-0.53	-0.36		0.22	-0.32	-0.36	0.43	-0.29	0.4	0.49	-0.55	-0.54	-0.39
Inventory	-0.01	0.43	0.81	-0.18	0.22	0.29	-0.23	0.75	-0.29	-0.15	-0.18	-0.29	0.77	-0.26	-0.11	0.22		-0.21	-0.3	0.8	0.06	0.02	-0.11	-0.31	-0.38	-0.27
Other Current Assets	0.07	-0.18	-0.42	0.16	-0.45	-0.14	0.36	-0.33	0.12	-0.15	0.0	0.28	-0.28	0.22	0.73	-0.32	-0.21		-0.31	-0.43	0.23	-0.16	-0.16	0.2	0.27	0.04
Other Stockholder Equity	0.28	-0.22	-0.1	0.28	0.57	-0.26	0.05	0.04	0.24	0.69	0.52	0.06	-0.2	0.35	-0.16	-0.36	-0.3	-0.31		-0.12	0.1	-0.25	-0.19	0.2	0.17	0.44
Total Liab	-0.16	0.31	1.0	-0.37	0.44	0.4	-0.55	0.95	-0.39	-0.17	-0.3	-0.46	0.83	-0.21	-0.53	0.43	0.8	-0.43	-0.12		-0.14	0.02	0.15	-0.61	-0.69	-0.27
Total Current Assets	0.92	-0.11	-0.13	0.9	0.13	-0.91	0.88	-0.04	0.91	0.6	0.49	0.9	-0.43	0.2	0.51	-0.29	0.06	0.23	0.1	-0.14		-0.19	-0.33	0.8	0.51	0.27
Common Stock	0.06	0.0	0.03	0.05	-0.13	0.19	-0.04	-0.05	-0.08	-0.1	-0.04	-0.05	0.17	-0.89	-0.2	0.4	0.02	-0.16	-0.25	0.02	-0.19		0.08	-0.17	-0.31	-0.45
Other Liab	-0.28	-0.44	0.11	-0.3	-0.01	0.31	-0.35	0.09	-0.3	-0.15	0.0	-0.32	-0.01	-0.07	-0.1	0.49	-0.11	-0.16	-0.19	0.15	-0.33	0.08		-0.36	-0.48	-0.28
Net Tangible Assets	0.76	-0.03	-0.58	0.85	-0.16	-0.87	0.95	-0.55	0.86	0.55	0.6	0.86	-0.69	0.27	0.6	-0.55	-0.31	0.2	0.2	-0.61	0.8	-0.17	-0.36		0.8	0.39
Other Assets	0.43	0.03	-0.68	0.56	-0.24	-0.66	0.73	-0.6	0.63	0.34	0.41	0.66	-0.65	0.42	0.6	-0.54	-0.38	0.27	0.17	-0.69	0.51	-0.31	-0.48	0.8		0.57
Property Plant Equipment	0.27	-0.1	-0.26	0.31	0.34	-0.34	0.31	-0.11	0.29	0.46	0.32	0.25	-0.27	0.57	0.29	-0.39	-0.27	0.04	0.44	-0.27	0.27	-0.45	-0.28	0.39	0.57

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Ingersoll Rand Account Relationship Matchups

Ingersoll Rand fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5B	6.7B	8.6B	8.6B	8.5B	9.7B
Other Current Liab	234.3M	327.1M	660.5M	548.7M	551.0M	454.2M
Total Current Liabilities	1.6B	2.1B	3.0B	2.8B	2.6B	1.9B
Total Stockholder Equity	3.8B	4.5B	5.5B	5.8B	5.8B	7.7B
Property Plant And Equipment Net	1.2B	1.2B	1.2B	1.1B	1.5B	950.3M
Net Debt	(1.5B)	(2.2B)	(2.8B)	(2.7B)	(2.1B)	(2.3B)
Retained Earnings	428.7M	1.1B	2.2B	2.5B	2.5B	3.9B
Accounts Payable	1.1B	1.4B	2.0B	1.9B	1.6B	1.2B
Cash	1.6B	2.3B	2.9B	2.7B	2.2B	3.1B
Non Current Assets Total	1.5B	1.4B	1.4B	1.4B	1.9B	1.7B
Non Currrent Assets Other	289.7M	326.2M	260.7M	257.2M	394.6M	677.5M
Cash And Short Term Investments	1.6B	2.3B	2.9B	2.8B	2.2B	3.5B
Net Receivables	1.5B	1.9B	2.5B	2.7B	2.5B	2.1B
Short Term Investments	1.8M	92M	55.4M	71M	78.3M	74.4M
Liabilities And Stockholders Equity	5.5B	6.7B	8.6B	8.6B	8.5B	9.7B
Non Current Liabilities Total	94.8M	145.3M	74.3M	49.1M	120.3M	126.4M
Inventory	788.6M	950.0M	1.6B	1.6B	1.7B	1.1B
Other Current Assets	235.0M	241.7M	170.1M	119.5M	227.9M	216.5M
Other Stockholder Equity	3.6B	94.9M	3.0B	(52.0K)	(40K)	(38K)
Total Liab	1.7B	2.2B	3.1B	2.8B	2.7B	1.9B
Total Current Assets	4.0B	5.3B	7.2B	7.2B	6.7B	5.8B
Accumulated Other Comprehensive Income	(491.1M)	3.0B	3.0B	3.0B	3.0B	3.2B
Other Liab	12.9M	51.7M	85.2M	28.4M	32.6M	39.4M
Net Tangible Assets	3.8B	4.5B	5.5B	5.8B	5.2B	6.0B
Other Assets	289.7M	259.6M	246.3M	27.7M	74.0K	70.3K
Property Plant Equipment	1.2B	1.2B	1.2B	1.1B	1.0B	974.1M
Short Long Term Debt Total	79.3M	95.4M	77.5M	46.2M	60.7M	65.0M
Current Deferred Revenue	207.7M	244.9M	295.9M	241.2M	372.4M	258.9M
Long Term Debt Total	43.1M	60.1M	46M	12.3M	14.2M	23.0M
Short Term Debt	(171.5M)	(249.1M)	31.5M	33.9M	20.6M	21.6M
Cash And Equivalents	1.3B	2.1B	2.9B	2.5B	2.3B	2.7B
Net Invested Capital	3.8B	4.5B	5.5B	5.8B	5.8B	4.7B
Net Working Capital	2.4B	3.2B	4.2B	4.5B	4.1B	3.4B
Capital Lease Obligations	79.3M	95.4M	77.5M	46.2M	60.8M	68.0M

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Other Information on Investing in Ingersoll Stock

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

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Ingersoll Common Stock vs Short Term Investments Analysis

Common Stock vs Short Term Investments

Common Stock vs Short Term Investments Correlation Analysis

Correlation Coefficient

Common Stock

Short Term Investments

Ingersoll Rand fundamental ratios Correlations

Ingersoll Rand Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ingersoll Rand fundamental ratios Accounts

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Other Information on Investing in Ingersoll Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.97	Cash
Accounts Payable	+ 0.95	Total Current Liabilities
Net Tangible Assets	+ 0.95	Retained Earnings
Total Liab	+ 0.95	Accounts Payable

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.96	Net Debt
Total Current Assets	- 0.91	Net Debt
Net Debt	- 0.91	Total Stockholder Equity
Common Stock	- 0.89	Common Stock Shares Outstanding
Retained Earnings	- 0.89	Net Debt