Ingersoll Selling And Marketing Expenses vs Research Development Analysis

IR Stock  USD 104.00  0.96  0.93%   
Ingersoll Rand financial indicator trend analysis is infinitely more than just investigating Ingersoll Rand recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingersoll Rand is a good investment. Please check the relationship between Ingersoll Rand Selling And Marketing Expenses and its Research Development accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingersoll Rand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.

Selling And Marketing Expenses vs Research Development

Selling And Marketing Expenses vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingersoll Rand Selling And Marketing Expenses account and Research Development. At this time, the significance of the direction appears to have no relationship.
The correlation between Ingersoll Rand's Selling And Marketing Expenses and Research Development is 0.06. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Research Development in the same time period over historical financial statements of Ingersoll Rand, assuming nothing else is changed. The correlation between historical values of Ingersoll Rand's Selling And Marketing Expenses and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Ingersoll Rand are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Selling And Marketing Expenses i.e., Ingersoll Rand's Selling And Marketing Expenses and Research Development go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling And Marketing Expenses

Research Development

Most indicators from Ingersoll Rand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingersoll Rand 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 Ingersoll Rand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.At this time, Ingersoll Rand's Selling General Administrative is relatively stable compared to the past year. As of 11/25/2024, Tax Provision is likely to grow to about 252 M, while Sales General And Administrative To Revenue is likely to drop 0.1.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.3B2.9B1.9B
Total Revenue5.2B5.9B6.9B6.1B

Ingersoll Rand fundamental ratios Correlations

0.730.760.890.260.670.750.860.810.030.960.050.950.430.880.120.880.53-0.420.2-0.140.910.670.920.790.59
0.730.930.410.660.970.950.450.87-0.310.59-0.090.840.480.910.640.620.87-0.24-0.14-0.570.680.690.520.940.68
0.760.930.480.430.910.820.40.83-0.40.70.260.890.760.890.520.790.92-0.24-0.3-0.340.840.840.560.980.74
0.890.410.480.020.370.430.910.60.110.940.110.750.310.57-0.220.780.16-0.320.340.160.790.390.930.490.5
0.260.660.430.020.630.620.140.45-0.310.1-0.470.30.00.450.840.050.47-0.11-0.16-0.940.120.050.10.460.5
0.670.970.910.370.630.920.430.77-0.370.54-0.060.810.470.850.650.550.87-0.14-0.17-0.560.630.660.50.940.72
0.750.950.820.430.620.920.540.85-0.120.56-0.280.820.250.920.550.530.77-0.20.04-0.590.60.650.540.880.55
0.860.450.40.910.140.430.540.560.310.83-0.170.710.050.62-0.130.640.14-0.450.51-0.030.640.30.960.470.41
0.810.870.830.60.450.770.850.56-0.140.71-0.060.830.470.880.320.710.66-0.18-0.07-0.30.730.740.60.810.58
0.03-0.31-0.40.11-0.31-0.37-0.120.31-0.14-0.01-0.17-0.11-0.48-0.07-0.5-0.08-0.42-0.180.390.21-0.16-0.160.18-0.33-0.53
0.960.590.70.940.10.540.560.830.71-0.010.240.90.530.75-0.010.920.44-0.40.150.040.940.640.920.70.6
0.05-0.090.260.11-0.47-0.06-0.28-0.17-0.06-0.170.240.150.78-0.04-0.220.450.26-0.04-0.450.490.430.390.080.160.2
0.950.840.890.750.30.810.820.710.83-0.110.90.150.570.930.260.880.72-0.33-0.01-0.220.920.80.80.920.64
0.430.480.760.310.00.470.250.050.47-0.480.530.780.570.470.220.750.69-0.16-0.570.120.750.730.310.650.58
0.880.910.890.570.450.850.920.620.88-0.070.75-0.040.930.470.440.780.79-0.4-0.01-0.410.810.820.690.930.53
0.120.640.52-0.220.840.650.55-0.130.32-0.5-0.01-0.220.260.220.440.050.68-0.13-0.38-0.870.150.23-0.080.530.5
0.880.620.790.780.050.550.530.640.71-0.080.920.450.880.750.780.050.59-0.49-0.050.080.980.80.80.760.52
0.530.870.920.160.470.870.770.140.66-0.420.440.260.720.690.790.680.59-0.22-0.4-0.480.660.810.30.920.62
-0.42-0.24-0.24-0.32-0.11-0.14-0.2-0.45-0.18-0.18-0.4-0.04-0.33-0.16-0.4-0.13-0.49-0.22-0.370.12-0.42-0.22-0.51-0.27-0.13
0.2-0.14-0.30.34-0.16-0.170.040.51-0.070.390.15-0.45-0.01-0.57-0.01-0.38-0.05-0.4-0.370.16-0.08-0.310.35-0.18-0.23
-0.14-0.57-0.340.16-0.94-0.56-0.59-0.03-0.30.210.040.49-0.220.12-0.41-0.870.08-0.480.120.16-0.01-0.060.02-0.4-0.35
0.910.680.840.790.120.630.60.640.73-0.160.940.430.920.750.810.150.980.66-0.42-0.08-0.010.810.80.830.64
0.670.690.840.390.050.660.650.30.74-0.160.640.390.80.730.820.230.80.81-0.22-0.31-0.060.810.470.840.4
0.920.520.560.930.10.50.540.960.60.180.920.080.80.310.69-0.080.80.3-0.510.350.020.80.470.60.54
0.790.940.980.490.460.940.880.470.81-0.330.70.160.920.650.930.530.760.92-0.27-0.18-0.40.830.840.60.71
0.590.680.740.50.50.720.550.410.58-0.530.60.20.640.580.530.50.520.62-0.13-0.23-0.350.640.40.540.71
Click cells to compare fundamentals

Ingersoll Rand Account Relationship Matchups

Ingersoll Rand fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B16.1B15.2B14.8B15.6B9.8B
Other Current Liab192.4M614.3M516.3M553.2M544.3M886.0M
Total Current Liabilities574.6M1.5B1.5B1.7B1.8B2.0B
Total Stockholder Equity1.9B9.1B9.0B9.2B9.8B5.8B
Other Liab539.1M1.5B1.2B1.0B934.4M1.7B
Retained Earnings(141.4M)(175.7M)378.6M950.9M1.7B2.4B
Accounts Payable322.9M671.1M670.5M778.7M801.2M923.2M
Cash505.5M1.8B2.1B1.6B1.6B1.1B
Other Assets161.4M364M496.7M404.5M364.1M599.7M
Long Term Debt4.9B4.5B4.5B3.8B2.7B3.1B
Good Will1.3B6.3B6.0B6.1B6.6B3.5B
Inventory502.5M943.6M854.2M1.0B1.0B782.5M
Other Current Assets76.8M201M186.9M206.9M219.6M273.1M
Total Liab2.8B6.9B6.1B5.5B5.7B5.6B
Intangible Assets1.3B4.7B3.9B3.6B3.6B3.2B
Property Plant Equipment1.8B1.3B1.4B1.5B1.8B1.6B
Net Tangible Assets(3.7B)(2.2B)(2.6B)(2.7B)(3.1B)(3.2B)
Noncontrolling Interest In Consolidated Entity44.8M19.4M17.2M16.6M14.9M14.2M
Non Current Assets Total3.1B12.2B11.0B10.8B11.5B6.9B
Non Currrent Assets Other89.8M214.8M323.6M339.8M390.5M354.7M
Cash And Short Term Investments505.5M1.8B2.1B1.6B1.6B1.1B
Net Receivables459.1M966.6M948.6M1.1B1.2B1.0B
Common Stock Total Equity2.1M4.2M259.7M253.3M228.0M132.4M
Retained Earnings Total Equity9.7B8.5B8.4B8.3B9.6B8.1B
Long Term Debt Total4.9B4.5B4.5B3.8B4.4B3.9B
Liabilities And Stockholders Equity4.6B16.1B15.2B14.8B15.6B10.5B
Non Current Liabilities Total2.2B5.4B4.6B3.8B3.9B3.8B
Capital Surpluse2.3B9.3B9.4B9.5B10.9B11.4B
Other Stockholder Equity2.3B9.3B8.7B8.5B8.3B8.7B
Deferred Long Term Liab682M578.5M581.5M680.1M612.1M848.1M
Total Current Assets1.5B3.9B4.1B4.0B4.1B2.7B
Accumulated Other Comprehensive Income(256M)14.2M(41.6M)(251.7M)(227.6M)(216.2M)
Non Current Liabilities Other2.7B2.3B2.0B1.8B433.9M412.2M
Short Term Debt7.6M40.4M38.8M36.5M72.2M68.6M
Property Plant And Equipment Net326.6M797.3M648.6M624.4M711.4M530.5M

Pair Trading with Ingersoll Rand

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ingersoll Rand position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ingersoll Rand will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ingersoll Stock

  0.78B Barnes GroupPairCorr
  0.75BW Babcock Wilcox EnterPairCorr
  0.79CR Crane CompanyPairCorr
  0.7GE GE Aerospace Fiscal Year End 28th of January 2025 PairCorr

Moving against Ingersoll Stock

  0.79RR Richtech Robotics ClassPairCorr
  0.7CVV CVD EquipmentPairCorr
The ability to find closely correlated positions to Ingersoll Rand could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingersoll Rand when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ingersoll Rand - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ingersoll Rand to buy it.
The correlation of Ingersoll Rand is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ingersoll Rand moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingersoll Rand moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ingersoll Rand can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Ingersoll Stock Analysis

When running Ingersoll Rand's price analysis, check to measure Ingersoll Rand's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ingersoll Rand is operating at the current time. Most of Ingersoll Rand's value examination focuses on studying past and present price action to predict the probability of Ingersoll Rand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingersoll Rand's price. Additionally, you may evaluate how the addition of Ingersoll Rand to your portfolios can decrease your overall portfolio volatility.