IROQ Other Liab vs Long Term Debt 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 Other Liab and its Long Term Debt 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.
Other Liab vs Long Term Debt
Other Liab vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IF Bancorp Other Liab account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between IF Bancorp's Other Liab and Long Term Debt is -0.19. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Long Term Debt 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 Other Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of IF Bancorp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Liab i.e., IF Bancorp's Other Liab and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Liab
Long Term Debt
Long-term debt is a debt that IF Bancorp has held for over one year. Long-term debt appears on IF Bancorp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on IF Bancorp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 |
IF Bancorp fundamental ratios Correlations
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IF Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
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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.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.