INC Historical Balance Sheet

INCR Stock

USD 1.42 0.07 5.19%

Trend analysis of INC Research Holdings balance sheet accounts such as Short and Long Term Debt Total of 205.5 M or Other Current Liab of 57.3 M provides information on INC Research's total assets, liabilities, and equity, which is the actual value of INC Research Holdings to its prevalent stockholders. By breaking down trends over time using INC Research balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining INC Research Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether INC Research Holdings is a good buy for the upcoming year.

INC Research Inventory

110.74 Million

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in INC Research Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About INC Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of INC Research Holdings at a specified time, usually calculated after every quarter, six months, or one year. INC Research Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of INC Research 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 INC currently owns. An asset can also be divided into two categories, current and non-current.

INC Research Balance Sheet Chart

At this time, INC Research's Current Deferred Revenue is relatively stable compared to the past year. As of 11/26/2024, Net Debt is likely to grow to about 99.3 M, while Cash is likely to drop slightly above 51.8 M.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Other Current Liab Current Deferred Revenue

Add Fundamental

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of INC Research assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in INC Research Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most accounts from INC Research's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into INC Research Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 INC Research Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	108.9M	255.2M	195.7M	205.5M
Total Assets	686.3M	958.0M	786.6M	825.9M

Short Long Term Debt Total Total Assets

INC Research balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets
Common Stock Shares Outstanding		0.94	0.81	0.88	0.85	0.96	0.94	0.66	0.15	-0.66	0.86	0.79	0.94	0.48	0.78	0.9	0.82	0.88	0.84	-0.6	0.85	0.9	0.78	0.9	-0.66	-0.61
Total Assets	0.94		0.93	0.96	0.95	0.98	0.99	0.69	0.26	-0.64	0.97	0.86	0.98	0.65	0.86	0.95	0.93	0.98	0.91	-0.4	0.96	0.98	0.9	0.89	-0.47	-0.46
Short Long Term Debt Total	0.81	0.93		0.94	0.99	0.84	0.9	0.73	0.5	-0.57	0.97	0.79	0.85	0.69	0.79	0.91	0.98	0.98	0.95	-0.23	1.0	0.97	0.98	0.7	-0.27	-0.29
Other Current Liab	0.88	0.96	0.94		0.97	0.9	0.95	0.73	0.32	-0.72	0.94	0.83	0.9	0.75	0.83	0.96	0.91	0.96	0.93	-0.27	0.96	0.97	0.94	0.79	-0.31	-0.32
Total Current Liabilities	0.85	0.95	0.99	0.97		0.87	0.93	0.67	0.37	-0.59	0.98	0.86	0.88	0.72	0.86	0.91	0.95	0.98	0.92	-0.24	1.0	0.98	0.99	0.76	-0.28	-0.28
Total Stockholder Equity	0.96	0.98	0.84	0.9	0.87		0.99	0.65	0.15	-0.65	0.9	0.83	0.99	0.58	0.82	0.92	0.85	0.92	0.85	-0.48	0.88	0.93	0.8	0.94	-0.55	-0.53
Property Plant And Equipment Net	0.94	0.99	0.9	0.95	0.93	0.99		0.71	0.24	-0.71	0.94	0.83	0.98	0.68	0.82	0.96	0.9	0.96	0.9	-0.4	0.93	0.96	0.86	0.9	-0.46	-0.46
Current Deferred Revenue	0.66	0.69	0.73	0.73	0.67	0.65	0.71		0.75	-0.71	0.63	0.27	0.62	0.52	0.27	0.87	0.79	0.75	0.9	-0.24	0.71	0.72	0.64	0.47	-0.29	-0.38
Net Debt	0.15	0.26	0.5	0.32	0.37	0.15	0.24	0.75		-0.37	0.31	-0.13	0.17	0.35	-0.13	0.45	0.55	0.4	0.58	0.1	0.43	0.34	0.43	-0.06	0.12	0.02
Retained Earnings	-0.66	-0.64	-0.57	-0.72	-0.59	-0.65	-0.71	-0.71	-0.37		-0.52	-0.34	-0.66	-0.67	-0.33	-0.76	-0.54	-0.6	-0.66	0.27	-0.58	-0.6	-0.57	-0.51	0.2	0.2
Accounts Payable	0.86	0.97	0.97	0.94	0.98	0.9	0.94	0.63	0.31	-0.52		0.89	0.91	0.67	0.88	0.9	0.96	0.99	0.91	-0.31	0.99	0.99	0.95	0.81	-0.37	-0.37
Cash	0.79	0.86	0.79	0.83	0.86	0.83	0.83	0.27	-0.13	-0.34	0.89		0.83	0.55	1.0	0.69	0.73	0.82	0.65	-0.31	0.83	0.85	0.82	0.85	-0.37	-0.32
Non Current Assets Total	0.94	0.98	0.85	0.9	0.88	0.99	0.98	0.62	0.17	-0.66	0.91	0.83		0.6	0.83	0.9	0.85	0.92	0.84	-0.47	0.88	0.93	0.82	0.93	-0.52	-0.49
Non Currrent Assets Other	0.48	0.65	0.69	0.75	0.72	0.58	0.68	0.52	0.35	-0.67	0.67	0.55	0.6		0.55	0.67	0.63	0.68	0.65	0.22	0.7	0.67	0.73	0.45	0.28	0.29
Cash And Short Term Investments	0.78	0.86	0.79	0.83	0.86	0.82	0.82	0.27	-0.13	-0.33	0.88	1.0	0.83	0.55		0.69	0.73	0.82	0.65	-0.3	0.83	0.85	0.82	0.85	-0.35	-0.31
Net Receivables	0.9	0.95	0.91	0.96	0.91	0.92	0.96	0.87	0.45	-0.76	0.9	0.69	0.9	0.67	0.69		0.92	0.95	0.98	-0.35	0.92	0.95	0.86	0.79	-0.41	-0.45
Non Current Liabilities Total	0.82	0.93	0.98	0.91	0.95	0.85	0.9	0.79	0.55	-0.54	0.96	0.73	0.85	0.63	0.73	0.92		0.98	0.97	-0.29	0.98	0.96	0.92	0.71	-0.36	-0.39
Inventory	0.88	0.98	0.98	0.96	0.98	0.92	0.96	0.75	0.4	-0.6	0.99	0.82	0.92	0.68	0.82	0.95	0.98		0.96	-0.33	0.99	1.0	0.94	0.8	-0.39	-0.41
Other Current Assets	0.84	0.91	0.95	0.93	0.92	0.85	0.9	0.9	0.58	-0.66	0.91	0.65	0.84	0.65	0.65	0.98	0.97	0.96		-0.3	0.94	0.95	0.89	0.7	-0.36	-0.42
Other Stockholder Equity	-0.6	-0.4	-0.23	-0.27	-0.24	-0.48	-0.4	-0.24	0.1	0.27	-0.31	-0.31	-0.47	0.22	-0.3	-0.35	-0.29	-0.33	-0.3		-0.26	-0.33	-0.16	-0.53	0.9	0.81
Total Liab	0.85	0.96	1.0	0.96	1.0	0.88	0.93	0.71	0.43	-0.58	0.99	0.83	0.88	0.7	0.83	0.92	0.98	0.99	0.94	-0.26		0.99	0.98	0.75	-0.31	-0.32
Total Current Assets	0.9	0.98	0.97	0.97	0.98	0.93	0.96	0.72	0.34	-0.6	0.99	0.85	0.93	0.67	0.85	0.95	0.96	1.0	0.95	-0.33	0.99		0.94	0.83	-0.4	-0.41
Short Term Debt	0.78	0.9	0.98	0.94	0.99	0.8	0.86	0.64	0.43	-0.57	0.95	0.82	0.82	0.73	0.82	0.86	0.92	0.94	0.89	-0.16	0.98	0.94		0.67	-0.17	-0.17
Common Stock	0.9	0.89	0.7	0.79	0.76	0.94	0.9	0.47	-0.06	-0.51	0.81	0.85	0.93	0.45	0.85	0.79	0.71	0.8	0.7	-0.53	0.75	0.83	0.67		-0.61	-0.59
Short Term Investments	-0.66	-0.47	-0.27	-0.31	-0.28	-0.55	-0.46	-0.29	0.12	0.2	-0.37	-0.37	-0.52	0.28	-0.35	-0.41	-0.36	-0.39	-0.36	0.9	-0.31	-0.4	-0.17	-0.61		0.97
Intangible Assets	-0.61	-0.46	-0.29	-0.32	-0.28	-0.53	-0.46	-0.38	0.02	0.2	-0.37	-0.32	-0.49	0.29	-0.31	-0.45	-0.39	-0.41	-0.42	0.81	-0.32	-0.41	-0.17	-0.59	0.97

Click cells to compare fundamentals

INC Research Account Relationship Matchups

INC Research balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	23.3M	25.4M	46.9M	45.4M	45.6M	47.9M
Total Assets	282.2M	326.3M	686.3M	958.0M	786.6M	825.9M
Short Long Term Debt Total	17.1M	6.7M	108.9M	255.2M	195.7M	205.5M
Other Current Liab	3.9M	13.4M	53.5M	54.3M	54.6M	57.3M
Total Current Liabilities	22.6M	29.9M	193.6M	312.7M	225.9M	237.2M
Total Stockholder Equity	256.0M	274.5M	448.0M	501.3M	455.1M	477.9M
Property Plant And Equipment Net	32.2M	53.5M	86.5M	103.1M	97.5M	102.3M
Net Debt	(10.3M)	(31.2M)	(87.3M)	22.6M	94.5M	99.3M
Retained Earnings	(151.0M)	(191.2M)	(186.5M)	(141.6M)	(204.0M)	(214.2M)
Accounts Payable	4.9M	18.6M	64.5M	126.1M	78.4M	82.4M
Cash	27.3M	37.9M	196.2M	232.6M	101.1M	51.8M
Non Current Assets Total	240.0M	249.6M	350.2M	450.5M	367.8M	386.2M
Cash And Short Term Investments	27.5M	38.3M	196.5M	232.8M	101.3M	53.2M
Net Receivables	8.9M	15.4M	37.5M	40.8M	61.1M	64.2M
Liabilities And Stockholders Equity	282.2M	326.3M	686.3M	958.0M	786.6M	825.9M
Non Current Liabilities Total	3.4M	4.3M	33.5M	123.8M	103.7M	108.9M
Inventory	5.8M	22.2M	67.9M	126.5M	105.5M	110.7M
Other Current Assets	1.1M	6.9M	58.7M	113.8M	150.9M	158.4M
Other Stockholder Equity	1.2M	1.0	8.5M	8.5M	7.7M	7.3M
Total Liab	26.0M	34.2M	227.1M	436.5M	329.6M	346.0M
Total Current Assets	42.2M	76.7M	336.2M	507.5M	418.8M	439.7M
Short Term Debt	13.8M	1.7M	75.6M	132.4M	92.8M	97.5M
Common Stock	403.4M	452.3M	623.6M	632.0M	643.2M	351.2M
Short Term Investments	177K	376K	330K	205K	187K	177.7K
Net Tangible Assets	19.7M	88.0M	84.4M	190.0M	218.5M	229.4M
Net Invested Capital	270.3M	277.7M	532.3M	729.0M	625.5M	391.4M
Short Long Term Debt	13.8M	2.6M	72.3M	128.0M	88.2M	50.4M
Net Working Capital	19.6M	46.8M	142.6M	194.8M	192.9M	202.6M
Property Plant Equipment	86K	32.2M	53.5M	86.5M	99.5M	104.5M
Long Term Investments	39.9M	3.1M	2.6M	42.6M	1.9M	1.8M
Capital Stock	403.4M	452.3M	623.6M	632.0M	643.2M	534.7M

Pair Trading with INC Research

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 INC Research 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 INC Research will appreciate offsetting losses from the drop in the long position's value.

Moving together with INC Stock

0.78	ME	23Andme Holding	Pair Corr
0.91	VALN	Valneva SE ADR	Pair Corr
0.83	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Moving against INC Stock

0.57	MDGL	Madrigal Pharmaceuticals	Pair Corr
0.48	KZR	Kezar Life Sciences	Pair Corr
0.48	RNXT	RenovoRx	Pair Corr
0.33	NXGLW	NexGel Warrant	Pair Corr

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

The correlation of INC Research 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 INC Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INC Research Holdings 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 INC Research 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 INC Stock Analysis

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

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INC Historical Balance Sheet

INC Research Inventory

110.74 Million

About INC Balance Sheet Analysis

INC Research Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Current Deferred Revenue

INC Research balance sheet Correlations

INC Research Account Relationship Matchups

High Positive Relationship

High Negative Relationship

INC Research balance sheet Accounts

Pair Trading with INC Research

Moving together with INC Stock

Moving against INC Stock

Additional Tools for INC Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Inventory
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Short Long Term Debt Total

Net Receivables	- 0.76	Retained Earnings
Retained Earnings	- 0.72	Other Current Liab
Retained Earnings	- 0.71	Current Deferred Revenue
Retained Earnings	- 0.71	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.67	Retained Earnings
Other Current Assets	- 0.66	Retained Earnings