Inter Non Recurring vs Non Operating Income Net Other Analysis

IPAR Stock  USD 134.07  3.41  2.61%   
Inter Parfums financial indicator trend analysis is infinitely more than just investigating Inter Parfums recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inter Parfums is a good investment. Please check the relationship between Inter Parfums Non Recurring and its Non Operating Income Net Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inter Parfums. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Inter Stock, please use our How to Invest in Inter Parfums guide.

Non Recurring vs Non Operating Income Net Other

Non Recurring vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inter Parfums Non Recurring account and Non Operating Income Net Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Inter Parfums' Non Recurring and Non Operating Income Net Other is 0.18. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Inter Parfums, assuming nothing else is changed. The correlation between historical values of Inter Parfums' Non Recurring and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Inter Parfums are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Non Recurring i.e., Inter Parfums' Non Recurring and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Recurring

Non Operating Income Net Other

Most indicators from Inter Parfums' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inter Parfums 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 Inter Parfums. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Inter Stock, please use our How to Invest in Inter Parfums guide.At this time, Inter Parfums' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/24/2024, Enterprise Value Over EBITDA is likely to grow to 18.41, while Selling General Administrative is likely to drop slightly above 185.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit556.9M694.4M839.1M881.0M
Total Revenue879.5M1.1B1.3B1.4B

Inter Parfums fundamental ratios Correlations

0.870.950.920.980.480.980.960.870.90.680.850.930.950.940.980.850.160.320.890.860.860.480.930.380.67
0.870.880.810.790.730.820.950.790.780.361.00.820.860.940.760.81-0.070.070.820.940.920.390.860.270.56
0.950.880.910.90.570.910.960.780.880.530.860.910.940.940.890.810.040.20.840.890.870.470.90.330.62
0.920.810.910.850.440.840.870.750.960.60.770.920.820.960.910.90.160.150.780.820.820.660.820.110.49
0.980.790.90.850.390.990.920.870.850.740.760.880.950.860.980.780.210.410.880.790.790.40.920.470.72
0.480.730.570.440.390.420.670.590.52-0.090.770.620.50.610.310.37-0.73-0.470.590.790.80.260.470.230.33
0.980.820.910.840.990.420.930.850.840.730.790.880.950.870.960.80.20.40.880.790.80.380.950.450.69
0.960.950.960.870.920.670.930.880.870.50.940.920.950.950.880.84-0.030.140.920.940.940.410.930.340.69
0.870.790.780.750.870.590.850.880.770.40.780.870.790.810.820.71-0.080.110.910.860.90.240.770.380.78
0.90.780.880.960.850.520.840.870.770.620.750.960.80.930.880.880.020.010.810.810.830.690.820.080.5
0.680.360.530.60.74-0.090.730.50.40.620.330.520.660.520.790.520.480.630.410.280.270.560.660.410.36
0.851.00.860.770.760.770.790.940.780.750.330.80.850.920.720.75-0.130.050.810.940.920.380.820.320.54
0.930.820.910.920.880.620.880.920.870.960.520.80.820.920.880.85-0.09-0.020.90.880.910.530.850.170.57
0.950.860.940.820.950.50.950.950.790.80.660.850.820.880.910.730.140.390.850.840.810.410.920.50.73
0.940.940.940.960.860.610.870.950.810.930.520.920.920.880.880.890.040.120.840.920.920.570.870.20.54
0.980.760.890.910.980.310.960.880.820.880.790.720.880.910.880.810.30.440.810.750.760.510.880.390.62
0.850.810.810.90.780.370.80.840.710.880.520.750.850.730.890.810.250.080.750.70.730.470.87-0.10.5
0.16-0.070.040.160.21-0.730.2-0.03-0.080.020.48-0.13-0.090.140.040.30.250.76-0.05-0.23-0.250.020.17-0.060.07
0.320.070.20.150.41-0.470.40.140.110.010.630.05-0.020.390.120.440.080.760.05-0.03-0.090.030.280.590.28
0.890.820.840.780.880.590.880.920.910.810.410.810.90.850.840.810.75-0.050.050.880.910.290.830.230.73
0.860.940.890.820.790.790.790.940.860.810.280.940.880.840.920.750.7-0.23-0.030.880.990.420.750.310.6
0.860.920.870.820.790.80.80.940.90.830.270.920.910.810.920.760.73-0.25-0.090.910.990.40.760.270.59
0.480.390.470.660.40.260.380.410.240.690.560.380.530.410.570.510.470.020.030.290.420.40.36-0.010.04
0.930.860.90.820.920.470.950.930.770.820.660.820.850.920.870.880.870.170.280.830.750.760.360.30.65
0.380.270.330.110.470.230.450.340.380.080.410.320.170.50.20.39-0.1-0.060.590.230.310.27-0.010.30.4
0.670.560.620.490.720.330.690.690.780.50.360.540.570.730.540.620.50.070.280.730.60.590.040.650.4
Click cells to compare fundamentals

Inter Parfums Account Relationship Matchups

Inter Parfums fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets828.8M890.1M1.1B1.3B1.4B1.4B
Short Long Term Debt Total53.1M51.2M184.0M209.7M192.4M202.0M
Other Current Liab112.7M95.6M136.7M213.6M170.4M178.9M
Total Current Liabilities184.5M156.2M244.9M344.6M324.7M341.0M
Total Stockholder Equity468.0M535.8M571.9M616.8M699.4M734.4M
Net Debt(139.4M)(118.5M)24.4M105.0M103.9M109.1M
Retained Earnings474.6M503.6M560.7M620.1M693.8M728.5M
Non Current Assets Total255.5M289.4M435.6M520.8M535.6M562.3M
Non Currrent Assets Other6.1M23.0M21.8M20.7M36.1M37.9M
Net Receivables135.2M128.7M169.8M226.5M254.9M267.7M
Common Stock Shares Outstanding31.7M31.7M31.8M32.0M32.1M32.0M
Liabilities And Stockholders Equity828.8M890.1M1.1B1.3B1.4B1.4B
Non Current Liabilities Total35.4M31.5M162.1M175.8M157.7M165.6M
Inventory167.8M158.8M198.9M290.0M371.9M390.5M
Other Stockholder Equity33.2M38.2M49.7M52.7M45.7M48.0M
Total Liab219.8M187.7M407.0M520.4M482.4M506.5M
Total Current Assets573.3M600.7M709.7M787.7M839.0M881.0M
Short Term Debt17.7M19.7M21.9M33.8M40.0M42.0M
Cash192.4M169.7M159.6M104.7M88.5M82.7M
Cash And Short Term Investments253.1M296.3M319.6M255.5M182.8M124.4M
Other Current Assets17.1M16.9M21.4M15.7M29.5M30.9M
Property Plant And Equipment Net39.5M44.3M183.1M194.7M197.8M207.7M
Property Plant And Equipment Gross39.5M44.3M183.1M194.7M250.4M262.9M
Accumulated Other Comprehensive Income(39.9M)(6.0M)(38.4M)(56.1M)(40.2M)(38.2M)
Accounts Payable54.1M35.6M82.0M88.4M97.4M48.7M
Intangible Assets202.0M214.1M214.0M290.9M296.4M311.2M
Short Term Investments60.7M126.6M160.0M150.8M94.3M84.4M
Other Assets14.1M75.3M38.5M35.3M40.6M42.6M
Long Term Debt10.7M10.1M132.9M151.5M127.9M134.3M
Property Plant Equipment11.1M19.6M149.4M194.7M223.9M235.1M
Net Tangible Assets290.7M343.1M387.1M325.9M374.8M289.6M
Noncontrolling Interest In Consolidated Entity138.1M141.0M166.6M166.4M191.4M129.8M
Retained Earnings Total Equity448.7M474.6M503.6M560.7M644.8M412.4M

Pair Trading with Inter Parfums

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

Moving against Inter Stock

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The ability to find closely correlated positions to Inter Parfums could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inter Parfums 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 Inter Parfums - 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 Inter Parfums to buy it.
The correlation of Inter Parfums 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 Inter Parfums moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inter Parfums 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 Inter Parfums 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 Inter Stock Analysis

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