IROQ Ebit vs Operating Income Analysis

IROQ Stock

USD 21.18 0.13 0.61%

IF Bancorp financial indicator trend analysis is infinitely more than just investigating IF Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IF Bancorp is a good investment. Please check the relationship between IF Bancorp Ebit and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IF Bancorp Ebit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between IF Bancorp's Ebit and Operating Income is 0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of IF Bancorp, assuming nothing else is changed. The correlation between historical values of IF Bancorp's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of IF Bancorp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., IF Bancorp's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Ebit

Operating Income

Operating Income is the amount of profit realized from IF Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of IF Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from IF Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IF Bancorp 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 IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.At this time, IF Bancorp's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value Multiple is likely to grow to 34.95, while Sales General And Administrative To Revenue is likely to drop 0.40.

	2021	2022	2024 (projected)
Interest Expense	2.5M	10.1M	24.4M
Depreciation And Amortization	675K	663K	540.0K

Interest Expense Depreciation And Amortization

IF Bancorp 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	Net Debt	Retained Earnings	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	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets
Total Assets		-0.47	0.3	-0.33	0.29	0.9	0.87	-0.52	0.49	0.51	0.51	0.46	-0.32	-0.01	-0.01	0.17	0.71	-0.91	0.7	0.31	-0.49	-0.48	1.0	0.83	-0.3	0.94
Short Long Term Debt Total	-0.47		-0.38	-0.03	0.4	-0.5	-0.55	0.87	0.13	-0.24	-0.66	-0.1	0.35	0.28	0.34	-0.11	-0.23	0.56	-0.18	0.07	0.51	0.32	-0.51	-0.53	0.24	-0.47
Other Current Liab	0.3	-0.38		-0.04	-0.24	0.31	0.41	-0.35	0.15	0.22	0.29	0.66	0.01	0.02	-0.59	0.02	0.32	-0.12	0.25	0.02	-0.17	-0.43	0.32	0.43	-0.32	0.39
Total Current Liabilities	-0.33	-0.03	-0.04		0.03	-0.25	-0.2	-0.25	-0.54	-0.9	0.24	-0.2	0.68	-0.12	-0.26	0.52	-0.65	0.4	-0.11	-1.0	-0.02	0.48	-0.34	-0.61	0.59	-0.33
Total Stockholder Equity	0.29	0.4	-0.24	0.03		0.17	0.15	0.19	0.23	-0.09	0.06	0.2	0.38	0.05	0.15	0.35	-0.08	-0.26	0.36	0.02	-0.21	-0.03	0.2	-0.03	0.14	0.12
Other Liab	0.9	-0.5	0.31	-0.25	0.17		0.73	-0.62	0.31	0.36	0.64	0.55	-0.33	-0.07	-0.19	0.28	0.55	-0.83	0.62	0.23	-0.52	-0.44	0.9	0.7	-0.23	0.82
Property Plant And Equipment Net	0.87	-0.55	0.41	-0.2	0.15	0.73		-0.56	0.26	0.45	0.49	0.22	-0.38	-0.26	0.02	0.11	0.61	-0.82	0.5	0.18	-0.62	-0.46	0.87	0.76	-0.34	0.83
Net Debt	-0.52	0.87	-0.35	-0.25	0.19	-0.62	-0.56		0.23	0.05	-0.93	-0.21	0.11	0.26	0.41	-0.49	-0.11	0.51	-0.31	0.29	0.62	0.18	-0.55	-0.36	-0.04	-0.48
Retained Earnings	0.49	0.13	0.15	-0.54	0.23	0.31	0.26	0.23		0.55	-0.22	0.45	-0.26	0.56	0.06	-0.34	0.62	-0.31	0.36	0.52	0.27	-0.12	0.48	0.63	-0.22	0.63
Accounts Payable	0.51	-0.24	0.22	-0.9	-0.09	0.36	0.45	0.05	0.55		-0.15	0.26	-0.72	-0.07	0.11	-0.58	0.8	-0.56	0.2	0.89	-0.18	-0.69	0.53	0.8	-0.8	0.51
Cash	0.51	-0.66	0.29	0.24	0.06	0.64	0.49	-0.93	-0.22	-0.15		0.3	0.01	-0.17	-0.41	0.68	0.0	-0.47	0.37	-0.27	-0.63	-0.12	0.52	0.25	0.19	0.41
Non Current Assets Total	0.46	-0.1	0.66	-0.2	0.2	0.55	0.22	-0.21	0.45	0.26	0.3		0.05	0.27	-0.62	0.07	0.4	-0.23	0.39	0.2	-0.09	-0.42	0.46	0.45	-0.27	0.45
Non Currrent Assets Other	-0.32	0.35	0.01	0.68	0.38	-0.33	-0.38	0.11	-0.26	-0.72	0.01	0.05		0.15	-0.14	0.6	-0.56	0.43	0.26	-0.66	0.17	0.28	-0.36	-0.6	0.52	-0.33
Other Assets	-0.01	0.28	0.02	-0.12	0.05	-0.07	-0.26	0.26	0.56	-0.07	-0.17	0.27	0.15		0.07	0.04	-0.04	0.13	0.15	0.11	0.79	0.53	-0.02	0.13	0.51	0.16
Long Term Debt	-0.01	0.34	-0.59	-0.26	0.15	-0.19	0.02	0.41	0.06	0.11	-0.41	-0.62	-0.14	0.07		-0.18	0.06	-0.14	-0.06	0.26	0.21	0.3	-0.03	-0.05	0.15	-0.02
Cash And Short Term Investments	0.17	-0.11	0.02	0.52	0.35	0.28	0.11	-0.49	-0.34	-0.58	0.68	0.07	0.6	0.04	-0.18		-0.43	-0.14	0.54	-0.52	-0.28	0.18	0.15	-0.22	0.61	0.08
Net Receivables	0.71	-0.23	0.32	-0.65	-0.08	0.55	0.61	-0.11	0.62	0.8	0.0	0.4	-0.56	-0.04	0.06	-0.43		-0.54	0.34	0.61	-0.22	-0.6	0.73	0.77	-0.67	0.74
Common Stock Shares Outstanding	-0.91	0.56	-0.12	0.4	-0.26	-0.83	-0.82	0.51	-0.31	-0.56	-0.47	-0.23	0.43	0.13	-0.14	-0.14	-0.54		-0.61	-0.39	0.54	0.47	-0.9	-0.81	0.32	-0.8
Short Term Investments	0.7	-0.18	0.25	-0.11	0.36	0.62	0.5	-0.31	0.36	0.2	0.37	0.39	0.26	0.15	-0.06	0.54	0.34	-0.61		0.1	-0.26	-0.4	0.69	0.48	-0.02	0.67
Non Current Liabilities Total	0.31	0.07	0.02	-1.0	0.02	0.23	0.18	0.29	0.52	0.89	-0.27	0.2	-0.66	0.11	0.26	-0.52	0.61	-0.39	0.1		0.01	-0.49	0.32	0.59	-0.59	0.29
Inventory	-0.49	0.51	-0.17	-0.02	-0.21	-0.52	-0.62	0.62	0.27	-0.18	-0.63	-0.09	0.17	0.79	0.21	-0.28	-0.22	0.54	-0.26	0.01		0.61	-0.48	-0.25	0.42	-0.29
Other Current Assets	-0.48	0.32	-0.43	0.48	-0.03	-0.44	-0.46	0.18	-0.12	-0.69	-0.12	-0.42	0.28	0.53	0.3	0.18	-0.6	0.47	-0.4	-0.49	0.61		-0.49	-0.52	0.88	-0.36
Total Liab	1.0	-0.51	0.32	-0.34	0.2	0.9	0.87	-0.55	0.48	0.53	0.52	0.46	-0.36	-0.02	-0.03	0.15	0.73	-0.9	0.69	0.32	-0.48	-0.49		0.85	-0.32	0.96
Property Plant And Equipment Gross	0.83	-0.53	0.43	-0.61	-0.03	0.7	0.76	-0.36	0.63	0.8	0.25	0.45	-0.6	0.13	-0.05	-0.22	0.77	-0.81	0.48	0.59	-0.25	-0.52	0.85		-0.5	0.86
Total Current Assets	-0.3	0.24	-0.32	0.59	0.14	-0.23	-0.34	-0.04	-0.22	-0.8	0.19	-0.27	0.52	0.51	0.15	0.61	-0.67	0.32	-0.02	-0.59	0.42	0.88	-0.32	-0.5		-0.24
Intangible Assets	0.94	-0.47	0.39	-0.33	0.12	0.82	0.83	-0.48	0.63	0.51	0.41	0.45	-0.33	0.16	-0.02	0.08	0.74	-0.8	0.67	0.29	-0.29	-0.36	0.96	0.86	-0.24

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IF Bancorp Account Relationship Matchups

IF Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	735.5M	797.3M	857.6M	849.0M	887.7M	695.6M
Short Long Term Debt Total	37.5M	28M	15M	19.5M	58.2M	35.9M
Other Current Liab	(3.5M)	(3.2M)	13.9M	21.5M	(3.0M)	(3.2M)
Total Current Liabilities	3.5M	3.2M	176K	1.7M	(51.0M)	(48.5M)
Total Stockholder Equity	82.6M	85.3M	71.7M	71.8M	73.9M	79.6M
Other Liab	7.9M	10.2M	9.6M	7.9M	9.0M	6.8M
Property Plant And Equipment Net	10.2M	9.8M	9.5M	11.1M	10.6M	7.8M
Net Debt	4.0M	(34.7M)	(60.8M)	8.5M	48.4M	50.8M
Retained Earnings	31.2M	35.6M	40.4M	43.4M	43.9M	41.2M
Accounts Payable	537K	199K	176K	1.7M	3.0M	3.2M
Cash	33.5M	62.7M	75.8M	11.0M	9.8M	9.3M
Non Current Assets Total	173.3M	200.7M	231.9M	213.9M	202.5M	193.6M
Non Currrent Assets Other	(3.7M)	(3.9M)	(10.5M)	(12.5M)	(202.5M)	(192.4M)
Other Assets	364.4M	342.1M	1.1B	624.1M	679.0M	712.2M
Long Term Debt	34.5M	25M	15M	19.5M	58.2M	36.8M
Cash And Short Term Investments	195.9M	252.6M	298.2M	11.0M	6.2M	5.9M
Net Receivables	1.9M	1.9M	2.0M	2.8M	3.5M	2.2M
Common Stock Shares Outstanding	3.1M	3.1M	3.1M	3.2M	3.1M	3.0M
Short Term Investments	162.4M	189.9M	220.9M	201.3M	190.5M	140.3M
Liabilities And Stockholders Equity	735.5M	797.3M	857.6M	849.0M	887.7M	695.6M
Non Current Liabilities Total	34.5M	25M	15M	19.5M	813.8M	854.5M
Inventory	(38.8M)	(67.1M)	120K	(17.8M)	(16.0M)	(16.9M)
Other Current Assets	38.8M	67.1M	325.4M	15.1M	(3.5M)	(3.3M)
Total Liab	653.0M	712.0M	785.9M	777.2M	813.8M	616.0M
Property Plant And Equipment Gross	10.2M	9.8M	18.2M	20.3M	19.8M	20.8M
Total Current Assets	197.8M	254.5M	625.7M	11.0M	6.2M	5.9M
Accumulated Other Comprehensive Income	4.2M	1.9M	(17.3M)	(21.6M)	(21.9M)	(20.8M)
Intangible Assets	715K	1.0M	1.5M	1.5M	1.5M	797.6K
Property Plant Equipment	10.2M	9.8M	9.5M	11.1M	12.8M	7.5M
Net Tangible Assets	82.6M	85.3M	71.7M	71.8M	64.6M	65.0M
Retained Earnings Total Equity	38.9M	35.4M	31.2M	35.6M	41.0M	36.6M
Capital Surpluse	48.4M	48.8M	49.2M	49.6M	57.1M	52.6M
Other Stockholder Equity	47.1M	49.6M	50.3M	51.5M	51.9M	51.3M
Long Term Investments	162.4M	189.9M	220.9M	201.3M	190.5M	176.8M
Non Current Liabilities Other	73.9M	30.7M	44.4M	38.1M	34.3M	44.3M

Pair Trading with IF Bancorp

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 IF Bancorp 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 IF Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving against IROQ Stock

0.55	WF	Woori Financial Group	Pair Corr
0.38	TFC-PI	Truist Financial	Pair Corr
0.38	TFC-PO	Truist Financial	Pair Corr

The ability to find closely correlated positions to IF Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IF Bancorp 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 IF Bancorp - 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 IF Bancorp to buy it.

The correlation of IF Bancorp 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 IF Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IF Bancorp 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 IF Bancorp 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 Correlation Correlation Matching

Additional Tools for IROQ Stock Analysis

When running IF Bancorp's price analysis, check to measure IF Bancorp'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 IF Bancorp is operating at the current time. Most of IF Bancorp's value examination focuses on studying past and present price action to predict the probability of IF Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IF Bancorp's price. Additionally, you may evaluate how the addition of IF Bancorp to your portfolios can decrease your overall portfolio volatility.

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