Impax Property Plant And Equipment Net vs Good Will Analysis

IPX Stock   332.50  5.50  1.68%   
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 Property Plant And Equipment Net and its Good Will 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.

Property Plant And Equipment Net vs Good Will

Property Plant And Equipment Net vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Impax Asset Management Property Plant And Equipment Net account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Impax Asset's Property Plant And Equipment Net and Good Will is 0.82. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Good Will 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 Property Plant And Equipment Net and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Impax Asset Management are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant And Equipment Net i.e., Impax Asset's Property Plant And Equipment Net and Good Will go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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

0.260.990.991.00.87-0.90.99-0.070.980.880.590.97-0.410.440.790.830.980.950.98-0.340.98-0.520.810.90.69
0.260.260.260.26-0.02-0.20.250.160.20.25-0.080.26-0.870.820.180.430.260.030.25-0.890.240.29-0.180.220.2
0.990.260.990.980.84-0.910.97-0.130.980.880.550.94-0.370.450.770.850.990.910.96-0.30.97-0.560.780.90.72
0.990.260.990.980.86-0.920.97-0.040.980.880.580.94-0.390.450.790.820.990.920.96-0.320.96-0.520.790.90.74
1.00.260.980.980.86-0.91.0-0.070.970.850.620.98-0.430.430.750.810.960.950.99-0.360.98-0.510.80.880.64
0.87-0.020.840.860.86-0.740.85-0.140.860.820.430.8-0.110.170.90.690.880.950.83-0.040.85-0.540.990.820.72
-0.9-0.2-0.91-0.92-0.9-0.74-0.910.02-0.95-0.7-0.65-0.920.33-0.48-0.6-0.63-0.89-0.83-0.910.26-0.860.47-0.68-0.73-0.61
0.990.250.970.971.00.85-0.91-0.040.980.830.650.99-0.440.420.740.780.960.950.99-0.370.98-0.510.80.860.61
-0.070.16-0.13-0.04-0.07-0.140.02-0.04-0.06-0.050.21-0.05-0.350.06-0.15-0.34-0.06-0.11-0.07-0.37-0.150.57-0.16-0.05-0.05
0.980.20.980.980.970.86-0.950.98-0.060.820.630.97-0.360.410.740.740.970.940.98-0.290.95-0.520.810.840.67
0.880.250.880.880.850.82-0.70.83-0.050.820.20.74-0.240.380.910.90.920.790.78-0.190.84-0.410.771.00.9
0.59-0.080.550.580.620.43-0.650.650.210.630.20.73-0.340.090.10.120.510.650.7-0.270.6-0.30.430.26-0.04
0.970.260.940.940.980.8-0.920.99-0.050.970.740.73-0.480.430.650.70.920.931.0-0.410.95-0.490.750.770.51
-0.41-0.87-0.37-0.39-0.43-0.110.33-0.44-0.35-0.36-0.24-0.34-0.48-0.68-0.15-0.34-0.36-0.25-0.461.0-0.4-0.250.02-0.24-0.05
0.440.820.450.450.430.17-0.480.420.060.410.380.090.43-0.680.310.520.450.220.42-0.670.40.10.010.350.36
0.790.180.770.790.750.9-0.60.74-0.150.740.910.10.65-0.150.310.810.840.780.68-0.110.74-0.370.850.880.88
0.830.430.850.820.810.69-0.630.78-0.340.740.90.120.7-0.340.520.810.840.70.74-0.290.84-0.460.610.90.77
0.980.260.990.990.960.88-0.890.96-0.060.970.920.510.92-0.360.450.840.840.910.94-0.290.95-0.510.820.930.79
0.950.030.910.920.950.95-0.830.95-0.110.940.790.650.93-0.250.220.780.70.910.95-0.180.94-0.560.930.810.58
0.980.250.960.960.990.83-0.910.99-0.070.980.780.71.0-0.460.420.680.740.940.95-0.390.97-0.520.770.80.55
-0.34-0.89-0.3-0.32-0.36-0.040.26-0.37-0.37-0.29-0.19-0.27-0.411.0-0.67-0.11-0.29-0.29-0.18-0.39-0.33-0.30.09-0.18-0.01
0.980.240.970.960.980.85-0.860.98-0.150.950.840.60.95-0.40.40.740.840.950.940.97-0.33-0.60.80.860.61
-0.520.29-0.56-0.52-0.51-0.540.47-0.510.57-0.52-0.41-0.3-0.49-0.250.1-0.37-0.46-0.51-0.56-0.52-0.3-0.6-0.57-0.43-0.32
0.81-0.180.780.790.80.99-0.680.8-0.160.810.770.430.750.020.010.850.610.820.930.770.090.8-0.570.770.66
0.90.220.90.90.880.82-0.730.86-0.050.841.00.260.77-0.240.350.880.90.930.810.8-0.180.86-0.430.770.87
0.690.20.720.740.640.72-0.610.61-0.050.670.9-0.040.51-0.050.360.880.770.790.580.55-0.010.61-0.320.660.87
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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 Earnings59.5M98.0M124.5M120.4M138.5M145.4M
Accounts Payable305K852K1.1M730K839.5K797.5K
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 Income1.3M374K3.1M2.9M3.4M3.6M
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.