Ingersoll Property Plant Equipment vs Total Current Assets Analysis

INGERRAND   3,456  8.75  0.25%   
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 Property Plant Equipment and its Total Current Assets 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.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingersoll Rand Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ingersoll Rand's Property Plant Equipment and Total Current Assets is 0.3. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets 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 Property Plant Equipment and Total Current 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 Property Plant Equipment of Ingersoll Rand Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Ingersoll Rand's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.
 2022 2023 2024 2025 (projected)
Gross Profit4.6B5.2B4.7B2.7B
Total Revenue11.5B12.1B14.0B7.0B

Ingersoll Rand fundamental ratios Correlations

-0.23-0.10.970.32-0.860.81-0.020.860.80.620.8-0.33-0.080.39-0.150.030.060.25-0.110.90.09-0.280.730.40.23
-0.230.34-0.29-0.210.2-0.150.18-0.2-0.4-0.17-0.20.47-0.03-0.28-0.260.39-0.19-0.230.31-0.120.06-0.45-0.040.01-0.08
-0.10.34-0.340.550.41-0.560.95-0.44-0.12-0.31-0.50.88-0.21-0.540.480.86-0.43-0.21.0-0.180.410.08-0.6-0.71-0.31
0.97-0.29-0.340.16-0.920.9-0.250.920.790.670.88-0.52-0.020.5-0.27-0.180.170.29-0.350.9-0.02-0.290.840.550.3
0.32-0.210.550.16-0.01-0.220.62-0.030.620.18-0.180.41-0.07-0.40.340.42-0.460.40.560.050.29-0.03-0.23-0.330.23
-0.860.20.41-0.92-0.01-0.90.33-0.99-0.64-0.56-0.970.67-0.2-0.430.360.32-0.16-0.280.42-0.910.210.29-0.87-0.66-0.32
0.81-0.15-0.560.9-0.22-0.9-0.510.90.510.560.94-0.670.120.7-0.44-0.30.380.09-0.570.88-0.19-0.330.950.740.32
-0.020.180.95-0.250.620.33-0.51-0.350.02-0.21-0.430.8-0.09-0.450.390.78-0.35-0.050.94-0.090.260.07-0.57-0.63-0.16
0.86-0.2-0.440.92-0.03-0.990.9-0.350.630.560.97-0.690.160.42-0.34-0.360.150.28-0.440.91-0.23-0.280.870.650.31
0.8-0.4-0.120.790.62-0.640.510.020.630.760.48-0.280.070.19-0.18-0.1-0.160.66-0.120.59-0.02-0.150.530.310.43
0.62-0.17-0.310.670.18-0.560.56-0.210.560.760.44-0.360.10.37-0.51-0.240.030.54-0.340.5-0.160.010.610.430.33
0.8-0.2-0.50.88-0.18-0.970.94-0.430.970.480.44-0.720.140.53-0.32-0.370.30.11-0.510.9-0.22-0.30.870.680.27
-0.330.470.88-0.520.410.67-0.670.8-0.69-0.28-0.36-0.72-0.32-0.480.380.83-0.32-0.280.87-0.450.47-0.04-0.69-0.68-0.31
-0.08-0.03-0.21-0.02-0.07-0.20.12-0.090.160.070.10.14-0.320.26-0.56-0.240.210.32-0.210.23-0.85-0.070.250.380.56
0.39-0.28-0.540.5-0.4-0.430.7-0.450.420.190.370.53-0.480.26-0.4-0.20.73-0.11-0.540.53-0.26-0.080.620.620.3
-0.15-0.260.48-0.270.340.36-0.440.39-0.34-0.18-0.51-0.320.38-0.56-0.40.38-0.35-0.420.52-0.330.570.42-0.57-0.59-0.44
0.030.390.86-0.180.420.32-0.30.78-0.36-0.1-0.24-0.370.83-0.24-0.20.38-0.26-0.370.86-0.030.49-0.12-0.36-0.46-0.3
0.06-0.19-0.430.17-0.46-0.160.38-0.350.15-0.160.030.3-0.320.210.73-0.35-0.26-0.26-0.440.24-0.21-0.140.220.30.05
0.25-0.23-0.20.290.4-0.280.09-0.050.280.660.540.11-0.280.32-0.11-0.42-0.37-0.26-0.210.13-0.33-0.170.230.230.44
-0.110.311.0-0.350.560.42-0.570.94-0.44-0.12-0.34-0.510.87-0.21-0.540.520.86-0.44-0.21-0.20.420.1-0.61-0.72-0.31
0.9-0.12-0.180.90.05-0.910.88-0.090.910.590.50.9-0.450.230.53-0.33-0.030.240.13-0.2-0.23-0.320.810.530.3
0.090.060.41-0.020.290.21-0.190.26-0.23-0.02-0.16-0.220.47-0.85-0.260.570.49-0.21-0.330.42-0.230.04-0.29-0.39-0.53
-0.28-0.450.08-0.29-0.030.29-0.330.07-0.28-0.150.01-0.3-0.04-0.07-0.080.42-0.12-0.14-0.170.1-0.320.04-0.34-0.44-0.27
0.73-0.04-0.60.84-0.23-0.870.95-0.570.870.530.610.87-0.690.250.62-0.57-0.360.220.23-0.610.81-0.29-0.340.810.39
0.40.01-0.710.55-0.33-0.660.74-0.630.650.310.430.68-0.680.380.62-0.59-0.460.30.23-0.720.53-0.39-0.440.810.57
0.23-0.08-0.310.30.23-0.320.32-0.160.310.430.330.27-0.310.560.3-0.44-0.30.050.44-0.310.3-0.53-0.270.390.57
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Ingersoll Rand Account Relationship Matchups

Ingersoll Rand fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.7B8.6B8.6B8.5B9.8B9.7B
Other Current Liab327.1M660.5M548.7M551.0M495.9M454.2M
Total Current Liabilities2.1B3.0B2.8B2.6B3.0B1.9B
Total Stockholder Equity4.5B5.5B5.8B5.8B6.7B7.7B
Property Plant And Equipment Net1.2B1.2B1.1B1.5B1.7B950.3M
Net Debt(2.2B)(2.8B)(2.7B)(2.1B)(2.5B)(2.6B)
Retained Earnings1.1B2.2B2.5B2.5B2.2B3.9B
Accounts Payable1.4B2.0B1.9B1.6B1.8B1.2B
Cash2.3B2.9B2.7B2.2B2.0B3.1B
Non Current Assets Total1.4B1.4B1.4B1.9B2.1B1.7B
Non Currrent Assets Other326.2M260.7M257.2M394.6M355.2M677.5M
Cash And Short Term Investments2.3B2.9B2.8B2.2B2.0B3.5B
Net Receivables1.9B2.5B2.7B2.5B2.9B2.1B
Short Term Investments92M55.4M71M78.3M70.5M66.9M
Liabilities And Stockholders Equity6.7B8.6B8.6B8.5B9.8B9.7B
Non Current Liabilities Total145.3M74.3M49.1M120.3M138.4M145.3M
Inventory950.0M1.6B1.6B1.7B2.0B1.1B
Other Current Assets241.7M170.1M119.5M227.9M205.1M194.8M
Other Stockholder Equity94.9M3.0B(52.0K)(40K)(46K)(43.7K)
Total Liab2.2B3.1B2.8B2.7B3.1B1.9B
Total Current Assets5.3B7.2B7.2B6.7B6.0B5.8B
Accumulated Other Comprehensive Income3.0B3.0B3.0B3.0B3.5B3.6B
Other Liab12.9M51.7M85.2M28.4M32.6M39.4M
Net Tangible Assets3.8B4.5B5.5B5.8B5.2B6.0B
Other Assets259.6M246.3M27.7M74.0K66.6K63.3K
Property Plant Equipment1.2B1.2B1.2B1.1B1.0B974.1M
Short Long Term Debt Total95.4M77.5M46.2M60.7M54.7M65.0M
Current Deferred Revenue244.9M295.9M241.2M372.4M428.3M258.9M
Long Term Debt Total43.1M60.1M46M12.3M14.2M23.0M
Short Term Debt(249.1M)31.5M33.9M20.6M23.7M24.8M
Cash And Equivalents1.3B2.1B2.9B2.5B2.3B2.7B
Intangible Assets3.3M2.5M1.8M978K880.2K836.2K
Net Invested Capital4.5B5.5B5.8B5.8B5.2B4.7B
Net Working Capital3.2B4.2B4.5B4.1B3.7B3.4B
Capital Lease Obligations95.4M77.5M46.2M60.8M69.9M68.0M
Property Plant And Equipment Gross1.7B1.8B1.1B1.5B1.3B1.2B

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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.