Intrepid Net Income vs Change To Inventory 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 Net Income and its Change To Inventory 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.

Net Income vs Change To Inventory

Net Income vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intrepid Potash Net Income account and Change To Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Intrepid Potash's Net Income and Change To Inventory is 0.52. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Inventory 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 Net Income and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Intrepid Potash are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Income i.e., Intrepid Potash's Net Income and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.52

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Intrepid Potash financial statement analysis. It represents the amount of money remaining after all of Intrepid Potash operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

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 Expense	1.5M	101K	90.9K	86.4K
Depreciation And Amortization	37.8M	228.5K	41.5M	30.6M

Interest Expense Depreciation And Amortization

Intrepid Potash fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.19	0.46	0.43	0.98	0.31	0.91	-0.26	-0.24	0.86	0.48	0.99	-0.51	0.73	-0.04	0.46	0.41	0.12	-0.01	0.32	0.08	0.47	0.14	0.89	0.74	0.65
Short Long Term Debt Total	0.19		-0.27	-0.19	0.08	-0.59	0.38	-0.32	0.51	0.45	0.23	0.17	-0.75	-0.2	0.67	0.44	0.42	-0.74	0.59	-0.34	-0.31	-0.36	0.54	0.05	0.2	0.73
Other Current Liab	0.46	-0.27		0.65	0.51	0.41	0.3	0.51	-0.48	0.16	0.26	0.48	0.04	0.66	-0.41	0.12	0.41	0.33	-0.38	0.03	-0.1	0.32	-0.2	0.54	0.24	0.06
Total Current Liabilities	0.43	-0.19	0.65		0.45	0.35	0.37	0.44	-0.34	0.21	0.19	0.44	-0.04	0.4	-0.41	0.08	0.39	0.46	-0.38	0.19	-0.16	0.44	-0.08	0.43	0.27	0.09
Total Stockholder Equity	0.98	0.08	0.51	0.45		0.33	0.83	-0.23	-0.42	0.82	0.53	0.96	-0.45	0.82	-0.22	0.51	0.41	0.21	-0.2	0.28	0.09	0.52	-0.06	0.85	0.77	0.59
Other Liab	0.31	-0.59	0.41	0.35	0.33		0.25	0.12	-0.21	0.03	-0.16	0.34	0.45	0.3	-0.28	-0.31	-0.33	0.79	-0.19	0.82	0.34	0.74	-0.09	0.54	0.11	-0.33
Property Plant And Equipment Net	0.91	0.38	0.3	0.37	0.83	0.25		-0.31	0.09	0.81	0.32	0.93	-0.59	0.41	0.25	0.28	0.39	0.02	0.28	0.33	-0.04	0.43	0.43	0.84	0.55	0.72
Current Deferred Revenue	-0.26	-0.32	0.51	0.44	-0.23	0.12	-0.31		-0.2	-0.48	0.2	-0.25	0.32	0.03	-0.22	-0.06	0.3	0.33	-0.24	-0.17	-0.45	0.04	-0.13	-0.12	-0.21	-0.37
Net Debt	-0.24	0.51	-0.48	-0.34	-0.42	-0.21	0.09	-0.2		-0.01	-0.51	-0.19	-0.11	-0.65	0.93	-0.43	-0.16	-0.49	0.93	0.11	-0.11	-0.38	0.88	-0.11	-0.42	0.1
Accounts Payable	0.86	0.45	0.16	0.21	0.82	0.03	0.81	-0.48	-0.01		0.31	0.84	-0.69	0.56	0.17	0.48	0.49	-0.17	0.15	0.22	-0.04	0.2	0.22	0.65	0.68	0.69
Cash	0.48	0.23	0.26	0.19	0.53	-0.16	0.32	0.2	-0.51	0.31		0.41	-0.42	0.5	-0.19	0.86	0.53	0.04	-0.25	-0.26	-0.32	0.2	-0.23	0.26	0.67	0.46
Non Current Assets Total	0.99	0.17	0.48	0.44	0.96	0.34	0.93	-0.25	-0.19	0.84	0.41		-0.47	0.72	-0.01	0.36	0.42	0.11	0.02	0.31	0.05	0.44	0.18	0.91	0.65	0.64
Non Currrent Assets Other	-0.51	-0.75	0.04	-0.04	-0.45	0.45	-0.59	0.32	-0.11	-0.69	-0.42	-0.47		-0.13	-0.32	-0.6	-0.57	0.46	-0.28	0.25	0.28	0.05	-0.32	-0.18	-0.54	-0.75
Other Assets	0.73	-0.2	0.66	0.4	0.82	0.3	0.41	0.03	-0.65	0.56	0.5	0.72	-0.13		-0.48	0.45	0.42	0.21	-0.48	0.09	0.05	0.29	-0.39	0.64	0.58	0.3
Long Term Debt	-0.04	0.67	-0.41	-0.41	-0.22	-0.28	0.25	-0.22	0.93	0.17	-0.19	-0.01	-0.32	-0.48		-0.13	0.02	-0.6	0.99	0.02	-0.2	-0.38	0.91	0.02	-0.18	0.32
Cash And Short Term Investments	0.46	0.44	0.12	0.08	0.51	-0.31	0.28	-0.06	-0.43	0.48	0.86	0.36	-0.6	0.45	-0.13		0.47	-0.15	-0.2	-0.25	-0.13	0.11	-0.21	0.17	0.82	0.52
Net Receivables	0.41	0.42	0.41	0.39	0.41	-0.33	0.39	0.3	-0.16	0.49	0.53	0.42	-0.57	0.42	0.02	0.47		-0.21	-0.08	-0.4	-0.79	-0.12	-0.01	0.22	0.24	0.54
Common Stock Shares Outstanding	0.12	-0.74	0.33	0.46	0.21	0.79	0.02	0.33	-0.49	-0.17	0.04	0.11	0.46	0.21	-0.6	-0.15	-0.21		-0.54	0.65	0.13	0.85	-0.43	0.22	0.16	-0.41
Non Current Liabilities Total	-0.01	0.59	-0.38	-0.38	-0.2	-0.19	0.28	-0.24	0.93	0.15	-0.25	0.02	-0.28	-0.48	0.99	-0.2	-0.08	-0.54		0.11	-0.08	-0.32	0.95	0.07	-0.17	0.26
Inventory	0.32	-0.34	0.03	0.19	0.28	0.82	0.33	-0.17	0.11	0.22	-0.26	0.31	0.25	0.09	0.02	-0.25	-0.4	0.65	0.11		0.36	0.73	0.18	0.43	0.24	-0.15
Other Current Assets	0.08	-0.31	-0.1	-0.16	0.09	0.34	-0.04	-0.45	-0.11	-0.04	-0.32	0.05	0.28	0.05	-0.2	-0.13	-0.79	0.13	-0.08	0.36		0.22	-0.08	0.2	0.2	-0.22
Other Stockholder Equity	0.47	-0.36	0.32	0.44	0.52	0.74	0.43	0.04	-0.38	0.2	0.2	0.44	0.05	0.29	-0.38	0.11	-0.12	0.85	-0.32	0.73	0.22		-0.2	0.51	0.49	0.04
Total Liab	0.14	0.54	-0.2	-0.08	-0.06	-0.09	0.43	-0.13	0.88	0.22	-0.23	0.18	-0.32	-0.39	0.91	-0.21	-0.01	-0.43	0.95	0.18	-0.08	-0.2		0.22	-0.08	0.3
Property Plant And Equipment Gross	0.89	0.05	0.54	0.43	0.85	0.54	0.84	-0.12	-0.11	0.65	0.26	0.91	-0.18	0.64	0.02	0.17	0.22	0.22	0.07	0.43	0.2	0.51	0.22		0.49	0.48
Total Current Assets	0.74	0.2	0.24	0.27	0.77	0.11	0.55	-0.21	-0.42	0.68	0.67	0.65	-0.54	0.58	-0.18	0.82	0.24	0.16	-0.17	0.24	0.2	0.49	-0.08	0.49		0.47
Short Term Debt	0.65	0.73	0.06	0.09	0.59	-0.33	0.72	-0.37	0.1	0.69	0.46	0.64	-0.75	0.3	0.32	0.52	0.54	-0.41	0.26	-0.15	-0.22	0.04	0.3	0.48	0.47

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Intrepid Potash Account Relationship Matchups

Intrepid Potash fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	578.4M	550.2M	766.9M	794.2M	768.5M	765.4M
Short Long Term Debt Total	73.6M	56.9M	1.9M	2.2M	2.2M	2.1M
Other Current Liab	19.4M	46.6M	64.3M	26.2M	33.6M	31.2M
Total Current Liabilities	87.4M	67.2M	73.4M	48.9M	46.5M	52.9M
Total Stockholder Equity	434.7M	411.3M	663.4M	715.1M	684.4M	627.9M
Other Liab	22.6M	24.8M	28.2M	28.0M	32.2M	22.9M
Property Plant And Equipment Net	378.5M	355.5M	341.1M	375.6M	358.2M	417.8M
Net Debt	53.0M	37.4M	(34.6M)	(16.3M)	(1.9M)	(1.8M)
Accounts Payable	10.0M	7.3M	9.1M	18.6M	12.8M	11.3M
Cash	20.6M	19.5M	36.5M	18.5M	4.1M	3.9M
Non Current Assets Total	433.1M	414.4M	610.0M	622.5M	616.5M	590.1M
Non Currrent Assets Other	35.4M	39.7M	40.2M	32.1M	57.4M	30.8M
Other Assets	35.4M	58.9M	249.7M	211.5M	190.3M	110.6M
Long Term Debt	49.6M	29.8M	44.7M	4M	3.6M	3.4M
Cash And Short Term Investments	20.6M	19.5M	36.5M	24.5M	7.0M	6.7M
Net Receivables	25.0M	24.4M	36.4M	27.5M	1.4M	1.3M
Common Stock Shares Outstanding	13.1M	13.0M	13.4M	13.5M	12.8M	10.1M
Liabilities And Stockholders Equity	578.4M	550.2M	766.9M	794.2M	768.5M	765.4M
Non Current Liabilities Total	56.3M	71.7M	30.1M	30.2M	37.6M	61.5M
Inventory	94.2M	88.7M	78.9M	114.8M	114.3M	82.7M
Other Current Assets	5.5M	3.2M	5.1M	4.9M	29.3M	30.7M
Other Stockholder Equity	653.0M	656.8M	659.1M	638.6M	643.6M	589.7M
Total Liab	143.8M	138.9M	103.5M	79.1M	84.0M	137.5M
Property Plant And Equipment Gross	378.5M	355.5M	629.6M	375.6M	709.9M	459.0M
Total Current Assets	145.3M	135.8M	156.9M	171.7M	151.9M	175.3M
Short Term Debt	39.8M	13.3M	1.7M	1.6M	2.3M	2.2M
Property Plant Equipment	406.1M	384.4M	341.1M	24.8M	28.5M	27.1M
Retained Earnings	(218.4M)	(245.6M)	4.2M	76.5M	40.8M	30.5M
Common Stock Total Equity	128K	129K	130K	13K	11.7K	11.1K
Common Stock	128K	129K	130K	13K	11.7K	11.1K
Net Tangible Assets	415.5M	392.1M	644.2M	695.9M	626.3M	482.6M
Retained Earnings Total Equity	(218.4M)	(245.6M)	4.2M	76.5M	68.8M	72.3M
Capital Surpluse	653.0M	656.8M	659.1M	660.6M	759.7M	674.4M
Non Current Liabilities Other	26.6M	27.0M	30.1M	30.2M	1.3M	1.2M

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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:

How To Invest In Intrepid

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Is Intrepid Stock a good investment?

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What is Intrepid Potash's Net Worth?

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Largest Fertilizers & Agricultural Chemicals Companies

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Largest Agricultural Inputs Companies

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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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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.

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Intrepid Net Income vs Change To Inventory Analysis

Net Income vs Change To Inventory

Net Income vs Change To Inventory Correlation Analysis

Correlation Coefficient

Net Income

Change To Inventory

Intrepid Potash fundamental ratios Correlations

Intrepid Potash Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Intrepid Potash fundamental ratios Accounts

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Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Long Term Debt
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.96	Total Stockholder Equity
Total Liab	+ 0.95	Non Current Liabilities Total
Non Current Assets Total	+ 0.93	Property Plant And Equipment Net

Other Current Assets	- 0.79	Net Receivables
Short Term Debt	- 0.75	Non Currrent Assets Other
Non Currrent Assets Other	- 0.75	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.74	Short Long Term Debt Total
Non Currrent Assets Other	- 0.69	Accounts Payable
Other Assets	- 0.65	Net Debt