Innospec Net Income Per Share vs Net Income Analysis

IOSP Stock  USD 117.66  0.01  0.01%   
Innospec financial indicator trend analysis is infinitely more than just investigating Innospec recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innospec is a good investment. Please check the relationship between Innospec Net Income Per Share and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innospec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Innospec Stock, please use our How to Invest in Innospec guide.

Net Income Per Share vs Net Income

Net Income Per Share vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innospec Net Income Per Share account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Innospec's Net Income Per Share and Net Income is 1.0. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income in the same time period over historical financial statements of Innospec, assuming nothing else is changed. The correlation between historical values of Innospec's Net Income Per Share and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Innospec are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per Share i.e., Innospec's Net Income Per Share and Net Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income Per Share

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Innospec financial statement analysis. It represents the amount of money remaining after all of Innospec operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Innospec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innospec 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 Innospec. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Innospec Stock, please use our How to Invest in Innospec guide.At this time, Innospec's Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024, Enterprise Value Over EBITDA is likely to grow to 15.18, while Tax Provision is likely to drop slightly above 43.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit434.9M586.7M591.1M319.1M
Total Revenue1.5B2.0B1.9B2.0B

Innospec fundamental ratios Correlations

-0.090.850.910.840.81-0.340.790.890.580.930.110.560.790.010.310.870.170.420.830.530.770.12-0.210.360.36
-0.09-0.39-0.26-0.39-0.280.91-0.47-0.26-0.370.150.18-0.38-0.350.480.87-0.39-0.430.240.41-0.34-0.430.430.84-0.51-0.51
0.85-0.390.860.740.6-0.560.750.770.560.69-0.080.550.68-0.11-0.030.90.150.230.540.390.73-0.21-0.420.580.58
0.91-0.260.860.80.79-0.450.750.970.570.760.340.550.830.070.060.930.220.520.720.560.810.26-0.250.240.24
0.84-0.390.740.80.96-0.660.980.760.840.750.120.820.95-0.430.00.760.360.080.610.830.960.04-0.470.360.37
0.81-0.280.60.790.96-0.540.920.770.760.760.320.740.94-0.30.050.690.340.210.630.880.910.28-0.340.150.16
-0.340.91-0.56-0.45-0.66-0.54-0.73-0.42-0.72-0.090.09-0.72-0.60.570.72-0.55-0.490.20.14-0.61-0.70.330.85-0.55-0.56
0.79-0.470.750.750.980.92-0.730.710.860.660.030.860.93-0.54-0.090.760.4-0.040.510.830.97-0.09-0.580.480.49
0.89-0.260.770.970.760.77-0.420.710.50.730.320.480.820.080.080.90.280.530.710.550.780.28-0.270.250.24
0.58-0.370.560.570.840.76-0.720.860.50.430.121.00.78-0.52-0.150.550.39-0.080.350.830.88-0.01-0.50.360.37
0.930.150.690.760.750.76-0.090.660.730.430.10.410.680.080.540.660.020.410.90.460.620.210.030.170.17
0.110.18-0.080.340.120.320.090.030.320.120.10.110.250.450.010.090.030.650.260.350.180.920.41-0.7-0.7
0.56-0.380.550.550.820.74-0.720.860.481.00.410.110.77-0.54-0.160.540.4-0.10.340.820.87-0.03-0.50.370.38
0.79-0.350.680.830.950.94-0.60.930.820.780.680.250.77-0.40.010.760.360.130.640.860.970.17-0.410.270.28
0.010.48-0.110.07-0.43-0.30.57-0.540.08-0.520.080.45-0.54-0.40.29-0.09-0.360.810.15-0.45-0.480.570.66-0.51-0.52
0.310.87-0.030.060.00.050.72-0.090.08-0.150.540.01-0.160.010.29-0.05-0.270.240.72-0.12-0.090.280.66-0.22-0.22
0.87-0.390.90.930.760.69-0.550.760.90.550.660.090.540.76-0.09-0.050.320.330.580.440.79-0.03-0.490.520.52
0.17-0.430.150.220.360.34-0.490.40.280.390.020.030.40.36-0.36-0.270.320.070.00.420.43-0.11-0.40.250.25
0.420.240.230.520.080.210.2-0.040.53-0.080.410.65-0.10.130.810.240.330.070.460.040.060.680.45-0.4-0.41
0.830.410.540.720.610.630.140.510.710.350.90.260.340.640.150.720.580.00.460.390.560.390.26-0.01-0.01
0.53-0.340.390.560.830.88-0.610.830.550.830.460.350.820.86-0.45-0.120.440.420.040.390.850.24-0.350.140.14
0.77-0.430.730.810.960.91-0.70.970.780.880.620.180.870.97-0.48-0.090.790.430.060.560.850.05-0.510.370.38
0.120.43-0.210.260.040.280.33-0.090.28-0.010.210.92-0.030.170.570.28-0.03-0.110.680.390.240.050.58-0.8-0.8
-0.210.84-0.42-0.25-0.47-0.340.85-0.58-0.27-0.50.030.41-0.5-0.410.660.66-0.49-0.40.450.26-0.35-0.510.58-0.76-0.76
0.36-0.510.580.240.360.15-0.550.480.250.360.17-0.70.370.27-0.51-0.220.520.25-0.4-0.010.140.37-0.8-0.761.0
0.36-0.510.580.240.370.16-0.560.490.240.370.17-0.70.380.28-0.52-0.220.520.25-0.41-0.010.140.38-0.8-0.761.0
Click cells to compare fundamentals

Innospec Account Relationship Matchups

Innospec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.4B1.6B1.6B1.7B1.0B
Short Long Term Debt Total92.6M40.8M35.6M45.3M45.2M42.9M
Other Current Liab169.9M136.4M171.7M194.3M178.1M107.3M
Total Current Liabilities303.5M252.4M336.6M405.8M371.5M233.9M
Total Stockholder Equity918.9M944.9M1.0B1.0B1.1B1.2B
Property Plant And Equipment Net231.1M250.9M249.8M266.2M313.4M329.1M
Net Debt16.9M(64.5M)(106.2M)(101.8M)(158.5M)(150.6M)
Retained Earnings755.5M758.6M822.9M924.2M1.0B1.1B
Accounts Payable122M98.7M148.7M165.3M163.6M88.4M
Cash75.7M105.3M141.8M147.1M203.7M213.9M
Non Current Assets Total838.5M831.2M842.8M731.1M821.7M601.2M
Non Currrent Assets Other5.9M8.2M5M55.2M41.3M32.5M
Cash And Short Term Investments75.7M105.3M141.8M147.1M203.7M213.9M
Net Receivables292M221.4M284.5M334.6M359.8M377.8M
Common Stock Shares Outstanding24.7M24.8M24.9M25.0M25.0M20.1M
Liabilities And Stockholders Equity1.5B1.4B1.6B1.6B1.7B1.0B
Non Current Liabilities Total246.4M200.1M201.3M157.5M186.3M170.8M
Inventory244.6M220M277.6M373.1M300.1M169.6M
Other Current Assets800K19.5M24.2M17.8M22.1M23.2M
Other Stockholder Equity237.5M242.8M256.1M258.7M266.7M187.9M
Total Liab549.9M452.5M537.9M563.3M557.8M468.7M
Property Plant And Equipment Gross231.1M250.9M249.8M266.2M637.4M669.3M
Total Current Assets630.3M566.2M728.1M872.6M885.7M930.0M
Accumulated Other Comprehensive Income(74.4M)(57.3M)(46.9M)(145.2M)(148.1M)(140.7M)
Short Term Debt11.6M11.8M12.5M27.8M27.2M21.1M
Intangible Assets113.5M75.3M57.5M45M57.3M54.4M
Other Liab165.4M171.1M178.2M126.1M145.0M101.8M
Other Assets130.9M175M171.2M61.1M70.3M86.2M
Good Will363M371.2M364.3M358.8M399.3M304.3M
Property Plant Equipment198.7M210.8M249.8M220.9M254.0M266.7M
Net Tangible Assets463.9M526.8M611.2M634.2M729.3M765.8M
Retained Earnings Total Equity755.5M758.6M822.9M924.2M1.1B628.1M
Long Term Debt Total205.8M187.7M59.1M100K115K109.3K

Pair Trading with Innospec

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 Innospec 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 Innospec will appreciate offsetting losses from the drop in the long position's value.

Moving together with Innospec Stock

  0.67CC ChemoursPairCorr
  0.82ECVT EcovystPairCorr

Moving against Innospec Stock

  0.59ASH Ashland Global HoldingsPairCorr
  0.56DNMR Danimer Scientific Upward RallyPairCorr
  0.43FF FutureFuel CorpPairCorr
  0.31FEAM 5E Advanced MaterialsPairCorr
The ability to find closely correlated positions to Innospec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innospec 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 Innospec - 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 Innospec to buy it.
The correlation of Innospec 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 Innospec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innospec 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 Innospec 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.
Pair CorrelationCorrelation Matching

Additional Tools for Innospec Stock Analysis

When running Innospec's price analysis, check to measure Innospec'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 Innospec is operating at the current time. Most of Innospec's value examination focuses on studying past and present price action to predict the probability of Innospec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innospec's price. Additionally, you may evaluate how the addition of Innospec to your portfolios can decrease your overall portfolio volatility.