International Historical Balance Sheet

IPCO Stock

CAD 15.85 0.12 0.76%

Trend analysis of International Petroleum Corp balance sheet accounts such as Other Current Liabilities of 89.3 M or Total Current Liabilities of 108.8 M provides information on International Petroleum's total assets, liabilities, and equity, which is the actual value of International Petroleum to its prevalent stockholders. By breaking down trends over time using International Petroleum balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining International Petroleum latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether International Petroleum is a good buy for the upcoming year.

International Petroleum Inventory

17.21 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About International Balance Sheet Analysis

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

International Petroleum Balance Sheet Chart

At this time, International Petroleum's Other Current Assets are very stable compared to the past year. As of the 24th of November 2024, Long Term Investments is likely to grow to about 32.6 K, while Total Assets are likely to drop about 1.3 B.

Common Stock Shares Outstanding Total Assets Other Current Liab Total Current Liabilities Long Term Investments Accumulated Other Comprehensive Income

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of International Petroleum 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 International Petroleum 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.

Total Current Liabilities

Total Current Liabilities is an item on International Petroleum balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of International Petroleum Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Long Term Investments

Long Term Investments is an item on the asset side of International Petroleum balance sheet that represents investments International Petroleum intends to hold for over a year. International Petroleum Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.

Most accounts from International Petroleum's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into International Petroleum current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 International Petroleum Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	83.4M	125.2M	155.7M	89.3M
Total Assets	1.3B	1.7B	2.1B	1.3B

Other Current Liab Total Assets

International Petroleum balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment
Common Stock Shares Outstanding		0.6	0.39	0.47	0.64	0.59	0.62	0.64	0.2	0.44	0.32	0.66	0.7	0.63	0.32	-0.27	0.53	-0.69	-0.17	-0.46	0.53	0.73	0.6	0.35	-0.14	0.66
Total Assets	0.6		0.92	0.96	0.95	0.99	0.95	0.92	0.07	0.81	0.71	0.91	0.85	0.62	0.71	0.18	0.96	-0.7	0.24	-0.55	0.97	0.89	0.92	0.73	-0.45	0.88
Other Current Liab	0.39	0.92		0.98	0.89	0.92	0.89	0.75	-0.2	0.78	0.78	0.73	0.79	0.36	0.78	0.25	0.85	-0.51	0.44	-0.4	0.88	0.72	0.9	0.8	-0.54	0.68
Total Current Liabilities	0.47	0.96	0.98		0.9	0.96	0.9	0.82	-0.09	0.81	0.77	0.8	0.82	0.46	0.77	0.23	0.92	-0.59	0.35	-0.48	0.95	0.79	0.91	0.79	-0.57	0.75
Total Stockholder Equity	0.64	0.95	0.89	0.9		0.92	1.0	0.89	-0.05	0.73	0.67	0.87	0.83	0.55	0.67	-0.04	0.82	-0.56	0.19	-0.35	0.85	0.82	0.93	0.69	-0.26	0.85
Other Liab	0.59	0.99	0.92	0.96	0.92		0.92	0.91	0.12	0.81	0.69	0.91	0.85	0.67	0.69	0.28	0.97	-0.76	0.26	-0.63	0.98	0.91	0.92	0.72	-0.5	0.87
Net Tangible Assets	0.62	0.95	0.89	0.9	1.0	0.92		0.88	-0.05	0.71	0.65	0.86	0.8	0.53	0.65	-0.04	0.82	-0.54	0.18	-0.34	0.85	0.79	0.93	0.66	-0.27	0.84
Property Plant And Equipment Net	0.64	0.92	0.75	0.82	0.89	0.91	0.88		0.38	0.72	0.47	1.0	0.72	0.8	0.47	0.15	0.89	-0.7	-0.05	-0.49	0.89	0.9	0.78	0.5	-0.16	0.99
Net Debt	0.2	0.07	-0.2	-0.09	-0.05	0.12	-0.05	0.38		-0.13	-0.52	0.42	-0.16	0.7	-0.52	0.32	0.21	-0.36	-0.53	-0.32	0.16	0.27	-0.14	-0.49	0.34	0.45
Accounts Payable	0.44	0.81	0.78	0.81	0.73	0.81	0.71	0.72	-0.13		0.88	0.71	0.88	0.42	0.88	0.18	0.81	-0.64	0.22	-0.55	0.82	0.82	0.73	0.9	-0.62	0.64
Cash	0.32	0.71	0.78	0.77	0.67	0.69	0.65	0.47	-0.52	0.88		0.44	0.84	0.12	1.0	0.1	0.66	-0.49	0.57	-0.4	0.69	0.62	0.72	1.0	-0.72	0.38
Non Current Assets Total	0.66	0.91	0.73	0.8	0.87	0.91	0.86	1.0	0.42	0.71	0.44		0.72	0.83	0.44	0.17	0.89	-0.72	-0.07	-0.52	0.88	0.91	0.77	0.47	-0.16	0.99
Non Currrent Assets Other	0.7	0.85	0.79	0.82	0.83	0.85	0.8	0.72	-0.16	0.88	0.84	0.72		0.55	0.84	0.09	0.79	-0.74	0.24	-0.62	0.81	0.89	0.9	0.87	-0.61	0.67
Other Assets	0.63	0.62	0.36	0.46	0.55	0.67	0.53	0.8	0.7	0.42	0.12	0.83	0.55		0.12	0.35	0.67	-0.8	-0.21	-0.67	0.64	0.83	0.54	0.16	-0.05	0.84
Cash And Short Term Investments	0.32	0.71	0.78	0.77	0.67	0.69	0.65	0.47	-0.52	0.88	1.0	0.44	0.84	0.12		0.1	0.66	-0.49	0.57	-0.4	0.69	0.62	0.72	1.0	-0.72	0.38
Net Receivables	-0.27	0.18	0.25	0.23	-0.04	0.28	-0.04	0.15	0.32	0.18	0.1	0.17	0.09	0.35	0.1		0.36	-0.43	0.42	-0.59	0.34	0.27	0.13	0.12	-0.42	0.15
Non Current Liabilities Total	0.53	0.96	0.85	0.92	0.82	0.97	0.82	0.89	0.21	0.81	0.66	0.89	0.79	0.67	0.66	0.36		-0.8	0.25	-0.7	1.0	0.9	0.82	0.69	-0.56	0.85
Inventory	-0.69	-0.7	-0.51	-0.59	-0.56	-0.76	-0.54	-0.7	-0.36	-0.64	-0.49	-0.72	-0.74	-0.8	-0.49	-0.43	-0.8		-0.22	0.91	-0.77	-0.9	-0.63	-0.52	0.51	-0.71
Other Current Assets	-0.17	0.24	0.44	0.35	0.19	0.26	0.18	-0.05	-0.53	0.22	0.57	-0.07	0.24	-0.21	0.57	0.42	0.25	-0.22		-0.2	0.27	0.1	0.28	0.55	-0.51	-0.06
Other Stockholder Equity	-0.46	-0.55	-0.4	-0.48	-0.35	-0.63	-0.34	-0.49	-0.32	-0.55	-0.4	-0.52	-0.62	-0.67	-0.4	-0.59	-0.7	0.91	-0.2		-0.67	-0.75	-0.53	-0.44	0.68	-0.48
Total Liab	0.53	0.97	0.88	0.95	0.85	0.98	0.85	0.89	0.16	0.82	0.69	0.88	0.81	0.64	0.69	0.34	1.0	-0.77	0.27	-0.67		0.89	0.85	0.71	-0.56	0.84
Long Term Investments	0.73	0.89	0.72	0.79	0.82	0.91	0.79	0.9	0.27	0.82	0.62	0.91	0.89	0.83	0.62	0.27	0.9	-0.9	0.1	-0.75	0.89		0.82	0.66	-0.43	0.89
Property Plant And Equipment Gross	0.6	0.92	0.9	0.91	0.93	0.92	0.93	0.78	-0.14	0.73	0.72	0.77	0.9	0.54	0.72	0.13	0.82	-0.63	0.28	-0.53	0.85	0.82		0.75	-0.51	0.73
Total Current Assets	0.35	0.73	0.8	0.79	0.69	0.72	0.66	0.5	-0.49	0.9	1.0	0.47	0.87	0.16	1.0	0.12	0.69	-0.52	0.55	-0.44	0.71	0.66	0.75		-0.73	0.41
Common Stock	-0.14	-0.45	-0.54	-0.57	-0.26	-0.5	-0.27	-0.16	0.34	-0.62	-0.72	-0.16	-0.61	-0.05	-0.72	-0.42	-0.56	0.51	-0.51	0.68	-0.56	-0.43	-0.51	-0.73		-0.07
Property Plant Equipment	0.66	0.88	0.68	0.75	0.85	0.87	0.84	0.99	0.45	0.64	0.38	0.99	0.67	0.84	0.38	0.15	0.85	-0.71	-0.06	-0.48	0.84	0.89	0.73	0.41	-0.07

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International Petroleum Account Relationship Matchups

International Petroleum balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	166.3M	158.4M	158.4M	150.0M	132.1M	142.7M
Total Assets	1.4B	1.3B	1.3B	1.7B	2.1B	1.3B
Other Current Liab	81.1M	61.8M	83.4M	125.2M	155.7M	89.3M
Total Current Liabilities	99.6M	97.1M	95.0M	149.9M	202.9M	108.8M
Total Stockholder Equity	790.6M	708.3M	847.4M	965.1M	1.1B	779.7M
Other Liab	227.6M	225.0M	221.0M	259.7M	298.7M	222.7M
Net Tangible Assets	790.6M	708.3M	847.4M	965.1M	1.1B	730.5M
Property Plant And Equipment Net	1.2B	1.1B	1.0B	998.0M	1.3B	1.0B
Net Debt	231.9M	319.7M	93.9M	(174.4M)	(70.1M)	(66.6M)
Accounts Payable	17.7M	11.6M	9.0M	20.5M	42.8M	44.9M
Cash	15.6M	6.5M	18.8M	483.2M	517.1M	542.9M
Non Current Assets Total	1.3B	1.2B	1.1B	1.0B	1.4B	1.1B
Non Currrent Assets Other	17.9M	20.2M	35.8M	41.1M	48.5M	51.0M
Other Assets	75.4M	108.6M	102.9M	43.1M	49.5M	63.2M
Cash And Short Term Investments	15.6M	6.5M	18.8M	483.2M	517.1M	542.9M
Net Receivables	59.4M	51.6M	91.1M	112.7M	97.3M	95.6M
Liabilities And Stockholders Equity	1.4B	1.3B	1.3B	1.7B	2.1B	1.3B
Non Current Liabilities Total	474.2M	527.5M	331.2M	564.4M	779.8M	452.1M
Inventory	17.2M	17.1M	20.2M	16.0M	21.8M	17.2M
Other Current Assets	19.9M	17.3M	21.1M	139.4M	54.5M	58.8M
Other Stockholder Equity	(822K)	1.0	23.8M	(9.5M)	(8.5M)	(8.1M)
Total Liab	573.8M	624.7M	426.1M	714.3M	982.7M	560.9M
Property Plant And Equipment Gross	1.2B	1.1B	2.2B	2.3B	2.7B	1.5B
Total Current Assets	112.0M	92.5M	151.2M	638.6M	690.6M	725.1M
Accumulated Other Comprehensive Income	11.3M	23.8M	20.4M	(9.5M)	41.2M	43.3M
Common Stock	549.3M	532.4M	528.8M	338.7M	230.0M	357.7M
Property Plant Equipment	1.2B	1.1B	1.0B	998.0M	1.1B	970.2M
Short Long Term Debt Total	247.5M	326.2M	112.7M	308.8M	447.0M	280.5M
Retained Earnings	230.0M	152.2M	298.2M	635.9M	808.8M	849.3M
Long Term Debt	244.7M	301.2M	109.2M	304.2M	440.5M	273.9M
Long Term Debt Total	283.7M	246.6M	302.5M	110.2M	126.7M	220.5M
Net Invested Capital	1.0B	1.0B	958.4M	1.3B	1.5B	1.1B
Net Working Capital	12.4M	(4.7M)	56.2M	488.7M	487.7M	512.1M
Capital Stock	549.3M	532.4M	528.8M	338.7M	230.0M	366.2M

Pair Trading with International Petroleum

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

Moving against International Stock

0.83	ENS	E Split Corp	Pair Corr
0.81	ENB-PFV	Enbridge Pref 5	Pair Corr
0.81	FFH	Fairfax Financial	Pair Corr
0.74	ENS-PA	E Split Corp	Pair Corr
0.65	FFH-PC	Fairfax Fin Hld	Pair Corr

The ability to find closely correlated positions to International Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Petroleum 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 International Petroleum - 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 International Petroleum Corp to buy it.

The correlation of International Petroleum 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 International Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Petroleum 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 International Petroleum 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 Correlation Correlation Matching

Other Information on Investing in International Stock

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International Historical Balance Sheet

International Petroleum Inventory

17.21 Million

About International Balance Sheet Analysis

International Petroleum Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Total Current Liabilities

Long Term Investments

Accumulated Other Comprehensive Income

International Petroleum balance sheet Correlations

International Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

International Petroleum balance sheet Accounts

Pair Trading with International Petroleum

Moving against International Stock

Other Information on Investing in International Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total

Long Term Investments	- 0.9	Inventory
Inventory	- 0.8	Non Current Liabilities Total
Inventory	- 0.8	Other Assets
Total Liab	- 0.77	Inventory
Inventory	- 0.76	Other Liab
Long Term Investments	- 0.75	Other Stockholder Equity