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 Total Revenue and its Total Current Assets 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.
Total Revenue vs Total Current Assets
Total Revenue vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Impax Asset Management Total Revenue account and
Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Impax Asset's Total Revenue and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets 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 Total Revenue and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Impax Asset Management are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Impax Asset's Total Revenue and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Impax Asset Management generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Profit | 165.3M | 85.1M | 97.9M | 102.8M | Total Revenue | 175.9M | 178.4M | 205.1M | 215.4M |
Impax Asset fundamental ratios Correlations
Click cells to compare fundamentals
Impax Asset Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Impax Asset fundamental ratios Accounts
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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.