Impax Investments vs Change In Cash Analysis

IPX Stock   324.50  9.00  2.70%   
Impax Asset financial indicator trend analysis is infinitely more than just investigating Impax Asset Management recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Impax Asset Management is a good investment. Please check the relationship between Impax Asset Investments and its Change In Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Impax Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Investments vs Change In Cash

Investments vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Impax Asset Management Investments account and Change In Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Impax Asset's Investments and Change In Cash is -0.6. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Impax Asset Management, assuming nothing else is changed. The correlation between historical values of Impax Asset's Investments and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Impax Asset Management are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Investments i.e., Impax Asset's Investments and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change In Cash

Most indicators from Impax Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Impax Asset Management 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 Impax Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Impax Asset's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit165.3M85.1M97.9M102.8M
Total Revenue175.9M178.4M205.1M215.4M

Impax Asset fundamental ratios Correlations

0.260.990.991.00.87-0.90.990.550.980.880.590.97-0.410.440.790.810.980.950.98-0.340.98-0.520.810.90.69
0.260.250.260.26-0.02-0.20.250.260.20.25-0.080.26-0.870.820.180.430.260.030.25-0.890.250.29-0.180.220.2
0.990.251.00.990.86-0.930.990.540.990.850.620.97-0.410.440.760.780.990.930.98-0.340.97-0.520.80.870.69
0.990.261.00.980.86-0.920.970.570.980.880.580.94-0.390.450.790.80.990.920.96-0.320.96-0.520.790.90.74
1.00.260.990.980.86-0.91.00.540.970.850.620.98-0.430.430.750.80.960.950.99-0.360.98-0.510.80.880.64
0.87-0.020.860.860.86-0.740.860.330.860.820.430.8-0.110.170.90.670.880.950.83-0.040.85-0.540.990.820.72
-0.9-0.2-0.93-0.92-0.9-0.74-0.91-0.51-0.95-0.7-0.65-0.920.33-0.48-0.6-0.62-0.89-0.83-0.910.26-0.860.47-0.68-0.73-0.61
0.990.250.990.971.00.86-0.910.520.980.830.650.98-0.440.420.740.770.960.950.99-0.370.98-0.510.80.860.62
0.550.260.540.570.540.33-0.510.520.490.720.040.42-0.160.330.440.660.570.360.45-0.130.52-0.20.280.750.68
0.980.20.990.980.970.86-0.950.980.490.820.630.97-0.360.410.740.730.970.940.98-0.290.95-0.520.810.840.67
0.880.250.850.880.850.82-0.70.830.720.820.20.74-0.240.380.910.890.920.790.78-0.190.84-0.410.771.00.9
0.59-0.080.620.580.620.43-0.650.650.040.630.20.73-0.340.090.10.110.510.650.7-0.270.61-0.30.430.26-0.04
0.970.260.970.940.980.8-0.920.980.420.970.740.73-0.480.430.650.690.920.931.0-0.410.95-0.490.750.770.51
-0.41-0.87-0.41-0.39-0.43-0.110.33-0.44-0.16-0.36-0.24-0.34-0.48-0.68-0.15-0.33-0.36-0.25-0.461.0-0.41-0.250.02-0.24-0.05
0.440.820.440.450.430.17-0.480.420.330.410.380.090.43-0.680.310.520.450.220.42-0.670.40.10.010.350.36
0.790.180.760.790.750.9-0.60.740.440.740.910.10.65-0.150.310.80.840.780.68-0.110.74-0.370.850.880.88
0.810.430.780.80.80.67-0.620.770.660.730.890.110.69-0.330.520.80.830.690.73-0.280.81-0.480.60.880.75
0.980.260.990.990.960.88-0.890.960.570.970.920.510.92-0.360.450.840.830.910.94-0.290.95-0.510.820.930.79
0.950.030.930.920.950.95-0.830.950.360.940.790.650.93-0.250.220.780.690.910.95-0.180.94-0.560.930.810.58
0.980.250.980.960.990.83-0.910.990.450.980.780.71.0-0.460.420.680.730.940.95-0.390.97-0.520.770.80.55
-0.34-0.89-0.34-0.32-0.36-0.040.26-0.37-0.13-0.29-0.19-0.27-0.411.0-0.67-0.11-0.28-0.29-0.18-0.39-0.34-0.30.09-0.18-0.01
0.980.250.970.960.980.85-0.860.980.520.950.840.610.95-0.410.40.740.810.950.940.97-0.34-0.580.80.860.6
-0.520.29-0.52-0.52-0.51-0.540.47-0.51-0.2-0.52-0.41-0.3-0.49-0.250.1-0.37-0.48-0.51-0.56-0.52-0.3-0.58-0.57-0.43-0.32
0.81-0.180.80.790.80.99-0.680.80.280.810.770.430.750.020.010.850.60.820.930.770.090.8-0.570.770.66
0.90.220.870.90.880.82-0.730.860.750.841.00.260.77-0.240.350.880.880.930.810.8-0.180.86-0.430.770.87
0.690.20.690.740.640.72-0.610.620.680.670.9-0.040.51-0.050.360.880.750.790.580.55-0.010.6-0.320.660.87
Click cells to compare fundamentals

Impax Asset Account Relationship Matchups

Impax Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets113.6M172.4M203.5M188.5M216.8M227.6M
Other Current Liab24.4M44.1M50.6M42.9M49.3M51.8M
Total Current Liabilities29.6M53.4M57.3M47.3M54.4M57.2M
Total Stockholder Equity71.4M110.5M138.2M134.0M154.1M161.8M
Property Plant And Equipment Net10.9M9.4M9.3M8.8M10.1M10.7M
Net Debt(9.6M)(26.7M)(43.2M)(29.2M)(26.3M)(25.0M)
Retained Earnings59.5M98.0M124.5M118.9M136.7M143.5M
Accounts Payable305K852K1.1M730K839.5K881.5K
Cash20.2M36.2M52.2M38.0M43.7M45.8M
Non Current Assets Total44.0M38.7M41.6M39.6M45.5M47.8M
Non Currrent Assets Other(40.7M)29.4M27.4M31.5M36.2M38.0M
Cash And Short Term Investments43.1M81.8M118.2M104.8M120.5M126.5M
Common Stock Shares Outstanding125.8M132.7M133.2M131.6M151.3M87.5M
Liabilities And Stockholders Equity113.6M172.4M203.5M188.5M216.8M227.6M
Non Current Liabilities Total12.6M8.5M8.0M7.2M8.3M8.7M
Total Liab42.2M61.8M65.3M54.6M62.7M65.9M
Property Plant And Equipment Gross10.9M14.7M16.6M18.1M20.9M21.9M
Total Current Assets64.1M121.7M157.1M149.0M171.3M179.9M
Accumulated Other Comprehensive Income1.3M374K3.1M4.5M5.1M5.4M
Other Current Assets17.4M31.3M28.7M35.4M40.7M42.7M
Other Liab4.7M3.3M371K369K424.4K403.1K
Property Plant Equipment1.8M10.9M9.4M9.3M10.7M11.2M
Good Will12.3M11.8M13.9M12.9M14.8M15.6M
Intangible Assets33.2M29.3M32.3M14.2M16.3M17.1M
Other Assets5.5M11.9M4.8M3.7M4.2M3.4M
Short Term Investments22.9M45.6M65.9M66.8M76.8M80.7M
Net Receivables4.2M10.5M11.6M8.8M10.1M10.6M
Net Tangible Assets25.9M38.3M81.2M105.9M121.8M127.9M
Net Invested Capital71.4M110.5M138.2M134.0M154.1M96.7M
Net Working Capital34.5M68.4M99.8M101.6M116.9M59.8M

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Other Information on Investing in Impax Stock

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