IPG Free Cash Flow vs Depreciation Analysis

IPGP Stock  USD 77.80  3.51  4.32%   
IPG Photonics financial indicator trend analysis is infinitely more than just investigating IPG Photonics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IPG Photonics is a good investment. Please check the relationship between IPG Photonics Free Cash Flow and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IPG Photonics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in IPG Stock, please use our How to Invest in IPG Photonics guide.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IPG Photonics Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between IPG Photonics' Free Cash Flow and Depreciation is 0.74. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of IPG Photonics, assuming nothing else is changed. The correlation between historical values of IPG Photonics' Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of IPG Photonics are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., IPG Photonics' Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of IPG Photonics value has been used up. For tax purposes IPG Photonics can deduct the cost of the tangible assets it purchases as business expenses. However, IPG Photonics must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from IPG Photonics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IPG Photonics 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 IPG Photonics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in IPG Stock, please use our How to Invest in IPG Photonics guide.At this time, IPG Photonics' Tax Provision is relatively stable compared to the past year. As of 12/11/2024, Sales General And Administrative To Revenue is likely to grow to 0.1, while Selling General Administrative is likely to drop slightly above 68.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit696.4M555.4M541.7M356.3M
Total Revenue1.5B1.4B1.3B727.4M

IPG Photonics fundamental ratios Correlations

0.92-0.820.830.990.550.091.00.310.950.080.850.940.930.990.950.830.850.990.770.370.970.710.530.960.85
0.92-0.80.750.910.55-0.110.920.440.880.010.780.870.860.930.90.960.790.930.740.360.910.710.480.90.8
-0.82-0.8-0.99-0.86-0.73-0.35-0.85-0.12-0.75-0.04-0.73-0.74-0.78-0.79-0.69-0.65-0.72-0.76-0.63-0.42-0.86-0.51-0.41-0.71-0.68
0.830.75-0.990.860.730.440.850.050.760.090.740.740.790.790.690.570.720.770.620.440.870.490.410.710.68
0.990.91-0.860.860.560.141.00.330.940.080.840.930.930.980.940.810.860.970.80.360.970.710.520.930.86
0.550.55-0.730.730.560.550.58-0.450.41-0.280.760.580.390.550.380.380.560.50.270.160.650.38-0.150.480.41
0.09-0.11-0.350.440.140.550.12-0.660.060.250.260.050.070.03-0.13-0.380.10.020.020.30.21-0.320.01-0.110.0
1.00.92-0.850.851.00.580.120.30.940.050.860.940.920.990.950.820.870.980.770.340.980.720.50.950.86
0.310.44-0.120.050.33-0.45-0.660.30.390.21-0.040.260.390.320.470.580.240.340.520.10.190.360.520.350.4
0.950.88-0.750.760.940.410.060.940.390.270.820.930.950.920.930.780.880.940.720.470.930.540.690.910.81
0.080.01-0.040.090.08-0.280.250.050.210.27-0.07-0.050.310.030.01-0.09-0.060.110.170.790.14-0.460.77-0.08-0.01
0.850.78-0.730.740.840.760.260.86-0.040.82-0.070.920.750.840.760.660.860.830.450.30.890.580.250.840.64
0.940.87-0.740.740.930.580.050.940.260.93-0.050.920.840.930.940.80.950.910.670.20.910.710.380.950.83
0.930.86-0.780.790.930.390.070.920.390.950.310.750.840.90.880.760.760.920.70.550.930.560.740.850.78
0.990.93-0.790.790.980.550.030.990.320.920.030.840.930.90.950.860.820.990.770.340.960.740.490.970.84
0.950.9-0.690.690.940.38-0.130.950.470.930.010.760.940.880.950.860.860.950.780.210.880.770.510.960.9
0.830.96-0.650.570.810.38-0.380.820.580.78-0.090.660.80.760.860.860.710.850.680.230.780.760.410.860.74
0.850.79-0.720.720.860.560.10.870.240.88-0.060.860.950.760.820.860.710.80.590.140.810.580.350.870.71
0.990.93-0.760.770.970.50.020.980.340.940.110.830.910.920.990.950.850.80.750.410.960.690.560.960.82
0.770.74-0.630.620.80.270.020.770.520.720.170.450.670.70.770.780.680.590.750.170.720.560.490.680.77
0.370.36-0.420.440.360.160.30.340.10.470.790.30.20.550.340.210.230.140.410.170.46-0.20.760.210.15
0.970.91-0.860.870.970.650.210.980.190.930.140.890.910.930.960.880.780.810.960.720.460.630.520.90.8
0.710.71-0.510.490.710.38-0.320.720.360.54-0.460.580.710.560.740.770.760.580.690.56-0.20.63-0.020.770.73
0.530.48-0.410.410.52-0.150.010.50.520.690.770.250.380.740.490.510.410.350.560.490.760.52-0.020.420.41
0.960.9-0.710.710.930.48-0.110.950.350.91-0.080.840.950.850.970.960.860.870.960.680.210.90.770.420.81
0.850.8-0.680.680.860.410.00.860.40.81-0.010.640.830.780.840.90.740.710.820.770.150.80.730.410.81
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IPG Photonics Account Relationship Matchups

IPG Photonics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.9B3.2B2.7B2.7B1.4B
Total Stockholder Equity2.4B2.6B2.7B2.4B2.4B2.5B
Net Debt(638.4M)(838.3M)(674.9M)(682.2M)(496.4M)(521.2M)
Cash680.1M876.2M709.1M698.2M514.7M404.5M
Cash And Short Term Investments1.2B1.4B1.5B1.2B1.2B605.4M
Common Stock Shares Outstanding53.8M53.8M53.9M50.9M47.3M50.5M
Liabilities And Stockholders Equity2.7B2.9B3.2B2.7B2.7B1.4B
Other Stockholder Equity519.9M550.7M469.9M13.4M(167.5M)(159.1M)
Total Current Assets1.9B2.1B2.3B2.0B1.9B1.0B
Other Assets53.0M86.6M96.3M88.4M101.7M106.8M
Total Liab328.0M341.6M423.3M357.9M283.5M224.4M
Short Long Term Debt Total41.7M38.0M34.2M16.0M18.3M26.4M
Other Current Liab101.3M99.7M135.7M117.5M107.5M76.4M
Total Current Liabilities191.9M214.6M313.4M274.6M214.9M148.9M
Other Liab77.7M92.9M93.9M66.5M76.5M40.9M
Property Plant And Equipment Net600.9M597.5M635.3M580.6M602.3M340.3M
Current Deferred Revenue59.5M71.2M89.7M80.1M69.2M36.5M
Retained Earnings2.0B2.2B2.5B2.6B2.8B2.9B
Accounts Payable27.3M25.7M55.8M46.2M28.6M23.3M
Non Current Assets Total833.8M787.6M822.9M757.0M784.2M434.4M
Non Currrent Assets Other42.3M43.4M48.5M28.7M28.4M21.6M
Long Term Debt41.7M38.0M34.2M16.0M18.4M26.4M
Net Receivables238.5M264.3M262.1M211.3M219.1M144.9M
Non Current Liabilities Total136.1M127.0M109.9M83.3M68.7M79.1M
Inventory380.8M365.0M460.7M509.4M453.9M235.6M
Other Current Assets55.9M127.7M110.3M88.0M64.2M44.7M
Property Plant And Equipment Gross600.9M597.5M1.2B1.1B1.2B1.2B
Accumulated Other Comprehensive Income(146.9M)(146.1M)(190.0M)(204.5M)(212.5M)(201.9M)
Short Term Debt3.7M9.6M23.6M21.3M4.6M8.0M
Property Plant Equipment600.9M597.5M635.3M596.1M685.5M719.8M
Short Term Investments502.5M514.8M805.4M479.4M662.8M695.9M
Intangible Assets74.3M62.1M52.7M34.1M26.2M32.8M
Net Tangible Assets2.2B2.5B2.7B2.3B2.7B1.8B
Noncontrolling Interest In Consolidated Entity687K717K1.3M639K734.9K492.5K
Good Will82.1M41.4M38.6M38.3M38.5M35.5M
Retained Earnings Total Equity1.8B2.0B2.2B2.5B2.8B3.0B
Long Term Debt Total41.7M38.0M34.2M16.0M18.4M29.1M

Pair Trading with IPG Photonics

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

Moving together with IPG Stock

  0.69S SentinelOne Sell-off TrendPairCorr

Moving against IPG Stock

  0.55SMTK SmartKem, Common StockPairCorr
  0.39MX MagnaChip SemiconductorPairCorr
The ability to find closely correlated positions to IPG Photonics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IPG Photonics 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 IPG Photonics - 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 IPG Photonics to buy it.
The correlation of IPG Photonics 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 IPG Photonics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IPG Photonics 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 IPG Photonics 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 IPG Stock Analysis

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