Intrepid Gross Profit vs Non Recurring Analysis

IPI Stock  USD 28.29  0.49  1.76%   
Intrepid Potash financial indicator trend analysis is infinitely more than just investigating Intrepid Potash recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intrepid Potash is a good investment. Please check the relationship between Intrepid Potash Gross Profit and its Non Recurring accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intrepid Potash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.

Gross Profit vs Non Recurring

Gross Profit vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intrepid Potash Gross Profit account and Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Intrepid Potash's Gross Profit and Non Recurring is -0.32. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Intrepid Potash, assuming nothing else is changed. The correlation between historical values of Intrepid Potash's Gross Profit and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Intrepid Potash are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Gross Profit i.e., Intrepid Potash's Gross Profit and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Intrepid Potash minus its cost of goods sold. It is profit before Intrepid Potash operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Non Recurring

Most indicators from Intrepid Potash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intrepid Potash 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 Intrepid Potash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.The Intrepid Potash's current Tax Provision is estimated to increase to about 4.3 M, while Selling General Administrative is projected to decrease to under 24.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M101K90.9K86.4K
Depreciation And Amortization37.8M228.5K41.5M30.6M

Intrepid Potash fundamental ratios Correlations

0.190.460.430.980.310.91-0.26-0.240.860.480.99-0.510.73-0.040.460.410.12-0.010.320.080.470.140.890.740.65
0.19-0.27-0.190.08-0.590.38-0.320.510.450.230.17-0.75-0.20.670.440.42-0.740.59-0.34-0.31-0.360.540.050.20.73
0.46-0.270.650.510.410.30.51-0.480.160.260.480.040.66-0.410.120.410.33-0.380.03-0.10.32-0.20.540.240.06
0.43-0.190.650.450.350.370.44-0.340.210.190.44-0.040.4-0.410.080.390.46-0.380.19-0.160.44-0.080.430.270.09
0.980.080.510.450.330.83-0.23-0.420.820.530.96-0.450.82-0.220.510.410.21-0.20.280.090.52-0.060.850.770.59
0.31-0.590.410.350.330.250.12-0.210.03-0.160.340.450.3-0.28-0.31-0.330.79-0.190.820.340.74-0.090.540.11-0.33
0.910.380.30.370.830.25-0.310.090.810.320.93-0.590.410.250.280.390.020.280.33-0.040.430.430.840.550.72
-0.26-0.320.510.44-0.230.12-0.31-0.2-0.480.2-0.250.320.03-0.22-0.060.30.33-0.24-0.17-0.450.04-0.13-0.12-0.21-0.37
-0.240.51-0.48-0.34-0.42-0.210.09-0.2-0.01-0.51-0.19-0.11-0.650.93-0.43-0.16-0.490.930.11-0.11-0.380.88-0.11-0.420.1
0.860.450.160.210.820.030.81-0.48-0.010.310.84-0.690.560.170.480.49-0.170.150.22-0.040.20.220.650.680.69
0.480.230.260.190.53-0.160.320.2-0.510.310.41-0.420.5-0.190.860.530.04-0.25-0.26-0.320.2-0.230.260.670.46
0.990.170.480.440.960.340.93-0.25-0.190.840.41-0.470.72-0.010.360.420.110.020.310.050.440.180.910.650.64
-0.51-0.750.04-0.04-0.450.45-0.590.32-0.11-0.69-0.42-0.47-0.13-0.32-0.6-0.570.46-0.280.250.280.05-0.32-0.18-0.54-0.75
0.73-0.20.660.40.820.30.410.03-0.650.560.50.72-0.13-0.480.450.420.21-0.480.090.050.29-0.390.640.580.3
-0.040.67-0.41-0.41-0.22-0.280.25-0.220.930.17-0.19-0.01-0.32-0.48-0.130.02-0.60.990.02-0.2-0.380.910.02-0.180.32
0.460.440.120.080.51-0.310.28-0.06-0.430.480.860.36-0.60.45-0.130.47-0.15-0.2-0.25-0.130.11-0.210.170.820.52
0.410.420.410.390.41-0.330.390.3-0.160.490.530.42-0.570.420.020.47-0.21-0.08-0.4-0.79-0.12-0.010.220.240.54
0.12-0.740.330.460.210.790.020.33-0.49-0.170.040.110.460.21-0.6-0.15-0.21-0.540.650.130.85-0.430.220.16-0.41
-0.010.59-0.38-0.38-0.2-0.190.28-0.240.930.15-0.250.02-0.28-0.480.99-0.2-0.08-0.540.11-0.08-0.320.950.07-0.170.26
0.32-0.340.030.190.280.820.33-0.170.110.22-0.260.310.250.090.02-0.25-0.40.650.110.360.730.180.430.24-0.15
0.08-0.31-0.1-0.160.090.34-0.04-0.45-0.11-0.04-0.320.050.280.05-0.2-0.13-0.790.13-0.080.360.22-0.080.20.2-0.22
0.47-0.360.320.440.520.740.430.04-0.380.20.20.440.050.29-0.380.11-0.120.85-0.320.730.22-0.20.510.490.04
0.140.54-0.2-0.08-0.06-0.090.43-0.130.880.22-0.230.18-0.32-0.390.91-0.21-0.01-0.430.950.18-0.08-0.20.22-0.080.3
0.890.050.540.430.850.540.84-0.12-0.110.650.260.91-0.180.640.020.170.220.220.070.430.20.510.220.490.48
0.740.20.240.270.770.110.55-0.21-0.420.680.670.65-0.540.58-0.180.820.240.16-0.170.240.20.49-0.080.490.47
0.650.730.060.090.59-0.330.72-0.370.10.690.460.64-0.750.30.320.520.54-0.410.26-0.15-0.220.040.30.480.47
Click cells to compare fundamentals

Intrepid Potash Account Relationship Matchups

Intrepid Potash fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets578.4M550.2M766.9M794.2M768.5M765.4M
Short Long Term Debt Total73.6M56.9M1.9M2.2M2.2M2.1M
Other Current Liab19.4M46.6M64.3M26.2M33.6M31.2M
Total Current Liabilities87.4M67.2M73.4M48.9M46.5M52.9M
Total Stockholder Equity434.7M411.3M663.4M715.1M684.4M627.9M
Other Liab22.6M24.8M28.2M28.0M32.2M22.9M
Property Plant And Equipment Net378.5M355.5M341.1M375.6M358.2M417.8M
Net Debt53.0M37.4M(34.6M)(16.3M)(1.9M)(1.8M)
Accounts Payable10.0M7.3M9.1M18.6M12.8M11.3M
Cash20.6M19.5M36.5M18.5M4.1M3.9M
Non Current Assets Total433.1M414.4M610.0M622.5M616.5M590.1M
Non Currrent Assets Other35.4M39.7M40.2M32.1M57.4M30.8M
Other Assets35.4M58.9M249.7M211.5M190.3M110.6M
Long Term Debt49.6M29.8M44.7M4M3.6M3.4M
Cash And Short Term Investments20.6M19.5M36.5M24.5M7.0M6.7M
Net Receivables25.0M24.4M36.4M27.5M1.4M1.3M
Common Stock Shares Outstanding13.1M13.0M13.4M13.5M12.8M10.1M
Liabilities And Stockholders Equity578.4M550.2M766.9M794.2M768.5M765.4M
Non Current Liabilities Total56.3M71.7M30.1M30.2M37.6M61.5M
Inventory94.2M88.7M78.9M114.8M114.3M82.7M
Other Current Assets5.5M3.2M5.1M4.9M29.3M30.7M
Other Stockholder Equity653.0M656.8M659.1M638.6M643.6M589.7M
Total Liab143.8M138.9M103.5M79.1M84.0M137.5M
Property Plant And Equipment Gross378.5M355.5M629.6M375.6M709.9M459.0M
Total Current Assets145.3M135.8M156.9M171.7M151.9M175.3M
Short Term Debt39.8M13.3M1.7M1.6M2.3M2.2M
Property Plant Equipment406.1M384.4M341.1M24.8M28.5M27.1M
Retained Earnings(218.4M)(245.6M)4.2M76.5M40.8M30.5M
Common Stock Total Equity128K129K130K13K11.7K11.1K
Common Stock128K129K130K13K11.7K11.1K
Net Tangible Assets415.5M392.1M644.2M695.9M626.3M482.6M
Retained Earnings Total Equity(218.4M)(245.6M)4.2M76.5M68.8M72.3M
Capital Surpluse653.0M656.8M659.1M660.6M759.7M674.4M
Non Current Liabilities Other26.6M27.0M30.1M30.2M1.3M1.2M

Currently Active Assets on Macroaxis

When determining whether Intrepid Potash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intrepid Potash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intrepid Potash Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intrepid Potash Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intrepid Potash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intrepid Potash. If investors know Intrepid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intrepid Potash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
(3.38)
Revenue Per Share
16.057
Quarterly Revenue Growth
0.06
Return On Assets
(0)
The market value of Intrepid Potash is measured differently than its book value, which is the value of Intrepid that is recorded on the company's balance sheet. Investors also form their own opinion of Intrepid Potash's value that differs from its market value or its book value, called intrinsic value, which is Intrepid Potash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intrepid Potash's market value can be influenced by many factors that don't directly affect Intrepid Potash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intrepid Potash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intrepid Potash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intrepid Potash's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.