IROQ Retained Earnings vs Common Stock Analysis

IROQ Stock  USD 21.30  0.12  0.57%   
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 Retained Earnings and its Common Stock 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.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IF Bancorp Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IF Bancorp's Retained Earnings and Common Stock is 0.41. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock 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 Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of IF Bancorp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., IF Bancorp's Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

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 11/25/2024, 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 Expense2.5M10.1M24.4M
Depreciation And Amortization675K663K540.0K

IF Bancorp fundamental ratios Correlations

-0.470.3-0.330.290.90.87-0.520.490.510.510.46-0.32-0.01-0.010.170.71-0.910.70.31-0.49-0.481.00.83-0.30.94
-0.47-0.38-0.030.4-0.5-0.550.870.13-0.24-0.66-0.10.350.280.34-0.11-0.230.56-0.180.070.510.32-0.51-0.530.24-0.47
0.3-0.38-0.04-0.240.310.41-0.350.150.220.290.660.010.02-0.590.020.32-0.120.250.02-0.17-0.430.320.43-0.320.39
-0.33-0.03-0.040.03-0.25-0.2-0.25-0.54-0.90.24-0.20.68-0.12-0.260.52-0.650.4-0.11-1.0-0.020.48-0.34-0.610.59-0.33
0.290.4-0.240.030.170.150.190.23-0.090.060.20.380.050.150.35-0.08-0.260.360.02-0.21-0.030.2-0.030.140.12
0.9-0.50.31-0.250.170.73-0.620.310.360.640.55-0.33-0.07-0.190.280.55-0.830.620.23-0.52-0.440.90.7-0.230.82
0.87-0.550.41-0.20.150.73-0.560.260.450.490.22-0.38-0.260.020.110.61-0.820.50.18-0.62-0.460.870.76-0.340.83
-0.520.87-0.35-0.250.19-0.62-0.560.230.05-0.93-0.210.110.260.41-0.49-0.110.51-0.310.290.620.18-0.55-0.36-0.04-0.48
0.490.130.15-0.540.230.310.260.230.55-0.220.45-0.260.560.06-0.340.62-0.310.360.520.27-0.120.480.63-0.220.63
0.51-0.240.22-0.9-0.090.360.450.050.55-0.150.26-0.72-0.070.11-0.580.8-0.560.20.89-0.18-0.690.530.8-0.80.51
0.51-0.660.290.240.060.640.49-0.93-0.22-0.150.30.01-0.17-0.410.680.0-0.470.37-0.27-0.63-0.120.520.250.190.41
0.46-0.10.66-0.20.20.550.22-0.210.450.260.30.050.27-0.620.070.4-0.230.390.2-0.09-0.420.460.45-0.270.45
-0.320.350.010.680.38-0.33-0.380.11-0.26-0.720.010.050.15-0.140.6-0.560.430.26-0.660.170.28-0.36-0.60.52-0.33
-0.010.280.02-0.120.05-0.07-0.260.260.56-0.07-0.170.270.150.070.04-0.040.130.150.110.790.53-0.020.130.510.16
-0.010.34-0.59-0.260.15-0.190.020.410.060.11-0.41-0.62-0.140.07-0.180.06-0.14-0.060.260.210.3-0.03-0.050.15-0.02
0.17-0.110.020.520.350.280.11-0.49-0.34-0.580.680.070.60.04-0.18-0.43-0.140.54-0.52-0.280.180.15-0.220.610.08
0.71-0.230.32-0.65-0.080.550.61-0.110.620.80.00.4-0.56-0.040.06-0.43-0.540.340.61-0.22-0.60.730.77-0.670.74
-0.910.56-0.120.4-0.26-0.83-0.820.51-0.31-0.56-0.47-0.230.430.13-0.14-0.14-0.54-0.61-0.390.540.47-0.9-0.810.32-0.8
0.7-0.180.25-0.110.360.620.5-0.310.360.20.370.390.260.15-0.060.540.34-0.610.1-0.26-0.40.690.48-0.020.67
0.310.070.02-1.00.020.230.180.290.520.89-0.270.2-0.660.110.26-0.520.61-0.390.10.01-0.490.320.59-0.590.29
-0.490.51-0.17-0.02-0.21-0.52-0.620.620.27-0.18-0.63-0.090.170.790.21-0.28-0.220.54-0.260.010.61-0.48-0.250.42-0.29
-0.480.32-0.430.48-0.03-0.44-0.460.18-0.12-0.69-0.12-0.420.280.530.30.18-0.60.47-0.4-0.490.61-0.49-0.520.88-0.36
1.0-0.510.32-0.340.20.90.87-0.550.480.530.520.46-0.36-0.02-0.030.150.73-0.90.690.32-0.48-0.490.85-0.320.96
0.83-0.530.43-0.61-0.030.70.76-0.360.630.80.250.45-0.60.13-0.05-0.220.77-0.810.480.59-0.25-0.520.85-0.50.86
-0.30.24-0.320.590.14-0.23-0.34-0.04-0.22-0.80.19-0.270.520.510.150.61-0.670.32-0.02-0.590.420.88-0.32-0.5-0.24
0.94-0.470.39-0.330.120.820.83-0.480.630.510.410.45-0.330.16-0.020.080.74-0.80.670.29-0.29-0.360.960.86-0.24
Click cells to compare fundamentals

IF Bancorp Account Relationship Matchups

IF Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets735.5M797.3M857.6M849.0M887.7M695.6M
Short Long Term Debt Total37.5M28M15M19.5M58.2M35.9M
Other Current Liab(3.5M)(3.2M)13.9M21.5M(3.0M)(3.2M)
Total Current Liabilities3.5M3.2M176K1.7M(51.0M)(48.5M)
Total Stockholder Equity82.6M85.3M71.7M71.8M73.9M79.6M
Other Liab7.9M10.2M9.6M7.9M9.0M6.8M
Property Plant And Equipment Net10.2M9.8M9.5M11.1M10.6M7.8M
Net Debt4.0M(34.7M)(60.8M)8.5M48.4M50.8M
Retained Earnings31.2M35.6M40.4M43.4M43.9M41.2M
Accounts Payable537K199K176K1.7M3.0M3.2M
Cash33.5M62.7M75.8M11.0M9.8M9.3M
Non Current Assets Total173.3M200.7M231.9M213.9M202.5M193.6M
Non Currrent Assets Other(3.7M)(3.9M)(10.5M)(12.5M)(202.5M)(192.4M)
Other Assets364.4M342.1M1.1B624.1M679.0M712.2M
Long Term Debt34.5M25M15M19.5M58.2M36.8M
Cash And Short Term Investments195.9M252.6M298.2M11.0M6.2M5.9M
Net Receivables1.9M1.9M2.0M2.8M3.5M2.2M
Common Stock Shares Outstanding3.1M3.1M3.1M3.2M3.1M3.0M
Short Term Investments162.4M189.9M220.9M201.3M190.5M140.3M
Liabilities And Stockholders Equity735.5M797.3M857.6M849.0M887.7M695.6M
Non Current Liabilities Total34.5M25M15M19.5M813.8M854.5M
Inventory(38.8M)(67.1M)120K(17.8M)(16.0M)(16.9M)
Other Current Assets38.8M67.1M325.4M15.1M(3.5M)(3.3M)
Total Liab653.0M712.0M785.9M777.2M813.8M616.0M
Property Plant And Equipment Gross10.2M9.8M18.2M20.3M19.8M20.8M
Total Current Assets197.8M254.5M625.7M11.0M6.2M5.9M
Accumulated Other Comprehensive Income4.2M1.9M(17.3M)(21.6M)(21.9M)(20.8M)
Intangible Assets715K1.0M1.5M1.5M1.5M797.6K
Property Plant Equipment10.2M9.8M9.5M11.1M12.8M7.5M
Net Tangible Assets82.6M85.3M71.7M71.8M64.6M65.0M
Retained Earnings Total Equity38.9M35.4M31.2M35.6M41.0M36.6M
Capital Surpluse48.4M48.8M49.2M49.6M57.1M52.6M
Other Stockholder Equity47.1M49.6M50.3M51.5M51.9M51.3M
Long Term Investments162.4M189.9M220.9M201.3M190.5M176.8M
Non Current Liabilities Other73.9M30.7M44.4M38.1M34.3M44.3M

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

  0.52WF Woori Financial GroupPairCorr
  0.44TFC-PO Truist FinancialPairCorr
  0.34TFC-PI Truist FinancialPairCorr
  0.33TFC-PR Truist FinancialPairCorr
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 CorrelationCorrelation 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.