International Inventory vs Net Debt Analysis

IPCO Stock  CAD 19.32  0.08  0.41%   
International Petroleum financial indicator trend analysis is infinitely more than just investigating International Petroleum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Petroleum is a good investment. Please check the relationship between International Petroleum Inventory and its Net Debt accounts. 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.

Inventory vs Net Debt

Inventory vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Petroleum Inventory account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between International Petroleum's Inventory and Net Debt is -0.53. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Debt in the same time period over historical financial statements of International Petroleum Corp, assuming nothing else is changed. The correlation between historical values of International Petroleum's Inventory and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of International Petroleum Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Inventory i.e., International Petroleum's Inventory and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Inventory

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from International Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.
As of the 16th of February 2025, Enterprise Value is likely to grow to about 1.7 B, while Selling General Administrative is likely to drop about 13.1 M.
 2022 2023 2024 2025 (projected)
Interest Expense31.4M25.6M35.9M20.8M
Depreciation And Amortization134.4M111.3M128.0M124.2M

International Petroleum fundamental ratios Correlations

0.520.280.360.590.510.530.510.250.360.270.540.490.610.250.050.43-0.66-0.49-0.440.420.680.470.31-0.10.62
0.520.820.960.950.970.940.940.260.870.760.930.860.560.770.150.96-0.710.07-0.540.970.890.940.8-0.580.83
0.280.820.870.750.790.740.770.230.970.660.740.950.30.930.280.8-0.540.26-0.390.820.750.810.7-0.670.58
0.360.960.870.880.940.890.880.150.890.810.860.870.380.840.270.94-0.590.29-0.470.960.780.940.85-0.70.7
0.590.950.750.880.890.960.880.110.780.740.880.80.520.7-0.040.83-0.59-0.12-0.360.850.820.910.77-0.380.82
0.510.970.790.940.890.930.940.360.830.670.940.830.630.730.240.96-0.780.08-0.620.970.920.920.72-0.580.87
0.530.940.740.890.960.930.910.170.750.680.90.780.50.69-0.040.84-0.57-0.11-0.360.860.810.930.71-0.40.84
0.510.940.770.880.880.940.910.520.810.511.00.780.690.620.010.92-0.69-0.04-0.490.920.90.850.55-0.390.94
0.250.260.230.150.110.360.170.520.29-0.360.550.230.75-0.020.020.38-0.53-0.14-0.450.340.540.11-0.310.030.6
0.360.870.970.890.780.830.750.810.290.70.80.950.370.920.250.88-0.640.2-0.510.890.810.830.73-0.720.63
0.270.760.660.810.740.670.680.51-0.360.70.480.690.030.820.280.71-0.420.26-0.360.730.510.771.0-0.710.34
0.540.930.740.860.880.940.91.00.550.80.480.770.740.590.020.92-0.72-0.07-0.520.910.910.840.53-0.370.95
0.490.860.950.870.80.830.780.780.230.950.690.770.410.920.290.83-0.660.12-0.530.840.840.890.74-0.720.61
0.610.560.30.380.520.630.50.690.750.370.030.740.410.110.080.58-0.79-0.3-0.660.550.810.460.09-0.050.83
0.250.770.930.840.70.730.690.62-0.020.920.820.590.920.110.290.75-0.510.23-0.390.770.650.80.83-0.780.41
0.050.150.280.27-0.040.24-0.040.010.020.250.280.020.290.080.290.28-0.420.7-0.570.280.230.220.32-0.69-0.08
0.430.960.80.940.830.960.840.920.380.880.710.920.830.580.750.28-0.770.18-0.671.00.890.880.74-0.670.8
-0.66-0.71-0.54-0.59-0.59-0.78-0.57-0.69-0.53-0.64-0.42-0.72-0.66-0.79-0.51-0.42-0.770.110.91-0.75-0.91-0.63-0.470.52-0.73
-0.490.070.260.29-0.120.08-0.11-0.04-0.140.20.26-0.070.12-0.30.230.70.180.11-0.110.2-0.120.110.27-0.58-0.27
-0.44-0.54-0.39-0.47-0.36-0.62-0.36-0.49-0.45-0.51-0.36-0.52-0.53-0.66-0.39-0.57-0.670.91-0.11-0.64-0.74-0.52-0.410.65-0.48
0.420.970.820.960.850.970.860.920.340.890.730.910.840.550.770.281.0-0.750.2-0.640.880.890.77-0.680.79
0.680.890.750.780.820.920.810.90.540.810.510.910.840.810.650.230.89-0.91-0.12-0.740.880.820.56-0.490.89
0.470.940.810.940.910.920.930.850.110.830.770.840.890.460.80.220.88-0.630.11-0.520.890.820.81-0.650.7
0.310.80.70.850.770.720.710.55-0.310.731.00.530.740.090.830.320.74-0.470.27-0.410.770.560.81-0.740.38
-0.1-0.58-0.67-0.7-0.38-0.58-0.4-0.390.03-0.72-0.71-0.37-0.72-0.05-0.78-0.69-0.670.52-0.580.65-0.68-0.49-0.65-0.74-0.14
0.620.830.580.70.820.870.840.940.60.630.340.950.610.830.41-0.080.8-0.73-0.27-0.480.790.890.70.38-0.14
Click cells to compare fundamentals

International Petroleum Account Relationship Matchups

International Petroleum fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding158.4M158.4M150.0M135.3M119.1M141.9M
Total Assets1.3B1.3B1.7B2.1B2.0B1.4B
Other Current Liab61.7M78.4M107.4M155.5M178.8M187.7M
Total Current Liabilities97.1M95.0M149.9M202.9M208.1M120.8M
Total Stockholder Equity708.3M847.4M965.1M1.1B939.3M805.1M
Other Liab227.6M225.0M221.0M259.7M298.7M222.7M
Net Tangible Assets790.6M708.3M847.4M965.1M1.1B730.5M
Property Plant And Equipment Net1.1B1.0B998.0M1.3B1.5B1.1B
Net Debt319.7M93.9M(174.4M)(70.1M)198.4M208.3M
Accounts Payable11.6M9.0M20.5M42.8M42.6M44.8M
Cash6.5M18.8M483.2M517.1M246.6M150.6M
Non Current Assets Total1.2B1.1B1.0B1.4B1.6B1.1B
Non Currrent Assets Other20.2M35.8M41.1M65.7M75.6M79.3M
Other Assets75.4M108.6M102.9M43.1M49.5M63.2M
Cash And Short Term Investments6.5M18.8M483.2M517.1M594.6M624.4M
Net Receivables51.6M91.1M112.7M97.3M94.3M96.5M
Liabilities And Stockholders Equity1.3B1.3B1.7B2.1B2.4B1.3B
Non Current Liabilities Total527.5M331.2M564.4M779.8M806.1M495.6M
Inventory17.1M20.2M16.0M21.8M20.1M17.1M
Other Current Assets17.3M21.1M22.7M54.5M49.0M26.3M
Total Liab624.7M426.1M714.3M982.7M1.0B616.3M
Property Plant And Equipment Gross1.1B2.2B2.3B2.7B3.0B1.7B
Total Current Assets92.5M151.2M638.6M690.6M398.8M274.5M
Accumulated Other Comprehensive Income23.8M20.4M(9.5M)41.2M47.4M49.8M
Common Stock532.4M528.8M338.7M230.0M207.0M357.7M
Property Plant Equipment1.2B1.1B1.0B998.0M1.1B970.2M
Short Long Term Debt Total326.2M112.7M308.8M447.0M514.0M280.5M
Retained Earnings152.2M298.2M635.9M808.8M876.0M919.7M
Long Term Debt301.2M109.2M304.2M440.5M441.6M300.3M
Long Term Debt Total283.7M246.6M302.5M110.2M126.7M220.5M
Net Invested Capital1.0B958.4M1.3B1.5B1.4B1.2B
Net Working Capital(4.7M)56.2M488.7M487.7M190.8M179.4M
Short Term Debt23.7M2.5M4.2M4.4M5.1M6.5M
Capital Stock532.4M528.8M338.7M230.0M141.2M134.1M
Capital Lease Obligations2.0M1.7M1.3M2.9M3.3M2.5M

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 together with International Stock

  0.71ENB-PFV Enbridge Pref 5PairCorr
  0.87ENB-PFC Enbridge Pref 11PairCorr
  0.88ENB-PFU Enbridge Pref LPairCorr
  0.85ENS E Split CorpPairCorr
  0.68ENS-PA E Split CorpPairCorr

Moving against International Stock

  0.69PIC-A Premium IncomePairCorr
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 CorrelationCorrelation Matching

Other Information on Investing in International Stock

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.