Ingersoll Total Assets vs Other Liab 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 Total Assets and its Other Liab 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.

Total Assets vs Other Liab

Total Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingersoll Rand Total Assets account and Other Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ingersoll Rand's Total Assets and Other Liab is -0.28. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab 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 Total Assets and Other Liab 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 Assets of Ingersoll Rand Limited are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., Ingersoll Rand's Total Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Ingersoll Rand 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 Ingersoll Rand 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.

Other Liab

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 Profit3.0B4.6B5.2B2.7B
Total Revenue9.0B11.5B12.1B7.0B

Ingersoll Rand fundamental ratios Correlations

-0.23-0.150.980.32-0.880.84-0.040.90.80.650.85-0.41-0.020.41-0.2-0.010.070.28-0.160.920.06-0.280.760.430.27
-0.230.35-0.29-0.270.19-0.140.16-0.19-0.41-0.16-0.190.49-0.08-0.27-0.320.43-0.18-0.220.31-0.110.0-0.44-0.030.03-0.1
-0.150.35-0.360.430.39-0.540.95-0.38-0.16-0.27-0.450.84-0.2-0.530.380.81-0.42-0.11.0-0.130.030.11-0.58-0.68-0.26
0.98-0.29-0.360.21-0.910.91-0.250.930.790.670.9-0.560.030.5-0.28-0.180.160.28-0.370.90.05-0.30.850.560.31
0.32-0.270.430.21-0.09-0.150.550.080.670.28-0.090.25-0.03-0.360.230.22-0.450.570.440.13-0.13-0.01-0.16-0.240.34
-0.880.190.39-0.91-0.09-0.890.3-0.99-0.66-0.55-0.960.69-0.28-0.410.340.29-0.14-0.260.4-0.910.190.31-0.87-0.66-0.34
0.84-0.14-0.540.91-0.15-0.89-0.470.90.530.550.93-0.670.130.69-0.42-0.230.360.05-0.550.88-0.04-0.350.950.730.31
-0.040.160.95-0.250.550.3-0.47-0.30.0-0.16-0.380.77-0.06-0.410.320.75-0.330.040.95-0.04-0.050.09-0.55-0.6-0.11
0.9-0.19-0.380.930.08-0.990.9-0.30.650.550.97-0.680.180.39-0.29-0.290.120.24-0.390.91-0.08-0.30.860.630.29
0.8-0.41-0.160.790.67-0.660.530.00.650.780.51-0.340.110.2-0.21-0.15-0.150.69-0.170.6-0.1-0.150.550.340.46
0.65-0.16-0.270.670.28-0.550.55-0.160.550.780.42-0.320.110.35-0.51-0.180.00.52-0.30.49-0.040.00.60.410.32
0.85-0.19-0.450.9-0.09-0.960.93-0.380.970.510.42-0.710.150.51-0.26-0.290.280.06-0.460.9-0.05-0.320.860.660.25
-0.410.490.84-0.560.250.69-0.670.77-0.68-0.34-0.32-0.71-0.33-0.460.230.77-0.28-0.20.83-0.430.17-0.01-0.69-0.65-0.27
-0.02-0.08-0.20.03-0.03-0.280.13-0.060.180.110.110.15-0.330.27-0.53-0.260.220.35-0.210.2-0.89-0.070.270.420.57
0.41-0.27-0.530.5-0.36-0.410.69-0.410.390.20.350.51-0.460.27-0.36-0.110.73-0.16-0.530.51-0.2-0.10.60.60.29
-0.2-0.320.38-0.280.230.34-0.420.32-0.29-0.21-0.51-0.260.23-0.53-0.360.22-0.32-0.360.43-0.290.40.49-0.55-0.54-0.39
-0.010.430.81-0.180.220.29-0.230.75-0.29-0.15-0.18-0.290.77-0.26-0.110.22-0.21-0.30.80.060.02-0.11-0.31-0.38-0.27
0.07-0.18-0.420.16-0.45-0.140.36-0.330.12-0.150.00.28-0.280.220.73-0.32-0.21-0.31-0.430.23-0.16-0.160.20.270.04
0.28-0.22-0.10.280.57-0.260.050.040.240.690.520.06-0.20.35-0.16-0.36-0.3-0.31-0.120.1-0.25-0.190.20.170.44
-0.160.311.0-0.370.440.4-0.550.95-0.39-0.17-0.3-0.460.83-0.21-0.530.430.8-0.43-0.12-0.140.020.15-0.61-0.69-0.27
0.92-0.11-0.130.90.13-0.910.88-0.040.910.60.490.9-0.430.20.51-0.290.060.230.1-0.14-0.19-0.330.80.510.27
0.060.00.030.05-0.130.19-0.04-0.05-0.08-0.1-0.04-0.050.17-0.89-0.20.40.02-0.16-0.250.02-0.190.08-0.17-0.31-0.45
-0.28-0.440.11-0.3-0.010.31-0.350.09-0.3-0.150.0-0.32-0.01-0.07-0.10.49-0.11-0.16-0.190.15-0.330.08-0.36-0.48-0.28
0.76-0.03-0.580.85-0.16-0.870.95-0.550.860.550.60.86-0.690.270.6-0.55-0.310.20.2-0.610.8-0.17-0.360.80.39
0.430.03-0.680.56-0.24-0.660.73-0.60.630.340.410.66-0.650.420.6-0.54-0.380.270.17-0.690.51-0.31-0.480.80.57
0.27-0.1-0.260.310.34-0.340.31-0.110.290.460.320.25-0.270.570.29-0.39-0.270.040.44-0.270.27-0.45-0.280.390.57
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Ingersoll Rand Account Relationship Matchups

Ingersoll Rand fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.7B8.6B8.6B8.5B9.7B
Other Current Liab234.3M327.1M660.5M548.7M551.0M454.2M
Total Current Liabilities1.6B2.1B3.0B2.8B2.6B1.9B
Total Stockholder Equity3.8B4.5B5.5B5.8B5.8B7.7B
Property Plant And Equipment Net1.2B1.2B1.2B1.1B1.5B950.3M
Net Debt(1.5B)(2.2B)(2.8B)(2.7B)(2.1B)(2.3B)
Retained Earnings428.7M1.1B2.2B2.5B2.5B3.9B
Accounts Payable1.1B1.4B2.0B1.9B1.6B1.2B
Cash1.6B2.3B2.9B2.7B2.2B3.1B
Non Current Assets Total1.5B1.4B1.4B1.4B1.9B1.7B
Non Currrent Assets Other289.7M326.2M260.7M257.2M394.6M677.5M
Cash And Short Term Investments1.6B2.3B2.9B2.8B2.2B3.5B
Net Receivables1.5B1.9B2.5B2.7B2.5B2.1B
Short Term Investments1.8M92M55.4M71M78.3M74.4M
Liabilities And Stockholders Equity5.5B6.7B8.6B8.6B8.5B9.7B
Non Current Liabilities Total94.8M145.3M74.3M49.1M120.3M126.4M
Inventory788.6M950.0M1.6B1.6B1.7B1.1B
Other Current Assets235.0M241.7M170.1M119.5M227.9M216.5M
Other Stockholder Equity3.6B94.9M3.0B(52.0K)(40K)(38K)
Total Liab1.7B2.2B3.1B2.8B2.7B1.9B
Total Current Assets4.0B5.3B7.2B7.2B6.7B5.8B
Accumulated Other Comprehensive Income(491.1M)3.0B3.0B3.0B3.0B3.2B
Other Liab12.9M51.7M85.2M28.4M32.6M39.4M
Net Tangible Assets3.8B4.5B5.5B5.8B5.2B6.0B
Other Assets289.7M259.6M246.3M27.7M74.0K70.3K
Property Plant Equipment1.2B1.2B1.2B1.1B1.0B974.1M
Short Long Term Debt Total79.3M95.4M77.5M46.2M60.7M65.0M
Current Deferred Revenue207.7M244.9M295.9M241.2M372.4M258.9M
Long Term Debt Total43.1M60.1M46M12.3M14.2M23.0M
Short Term Debt(171.5M)(249.1M)31.5M33.9M20.6M21.6M
Cash And Equivalents1.3B2.1B2.9B2.5B2.3B2.7B
Net Invested Capital3.8B4.5B5.5B5.8B5.8B4.7B
Net Working Capital2.4B3.2B4.2B4.5B4.1B3.4B
Capital Lease Obligations79.3M95.4M77.5M46.2M60.8M68.0M

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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.