Ingersoll Rand Price To Sales vs. Cash And Equivalents
| INGERRAND | 4,515 29.85 0.67% |
For Ingersoll Rand profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ingersoll Rand to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ingersoll Rand Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ingersoll Rand's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ingersoll Rand Limited over time as well as its relative position and ranking within its peers.
Ingersoll |
Ingersoll Rand Cash And Equivalents vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ingersoll Rand's current stock value. Our valuation model uses many indicators to compare Ingersoll Rand value to that of its competitors to determine the firm's financial worth. Ingersoll Rand Limited is currently regarded as number one stock in price to sales category among its peers. It also is currently regarded as number one stock in cash and equivalents category among its peers creating about 217,365,120 of Cash And Equivalents per Price To Sales. At present, Ingersoll Rand's Cash And Equivalents is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ingersoll Rand by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ingersoll Rand's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ingersoll Cash And Equivalents vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Ingersoll Rand |
| = | 11.62 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Ingersoll Rand |
| = | 2.53 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Ingersoll Cash And Equivalents Comparison
Ingersoll Rand is currently under evaluation in cash and equivalents category among its peers.
Ingersoll Rand Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ingersoll Rand, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ingersoll Rand will eventually generate negative long term returns. The profitability progress is the general direction of Ingersoll Rand's change in net profit over the period of time. It can combine multiple indicators of Ingersoll Rand, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 3 B | 3.2 B | |
| Operating Income | 3.9 B | 4.1 B | |
| Income Before Tax | 3 B | 3.1 B | |
| Total Other Income Expense Net | -954.1 M | -906.4 M | |
| Net Income | 2.2 B | 1.2 B | |
| Income Tax Expense | 756.5 M | 390.7 M | |
| Net Income From Continuing Ops | 2.2 B | 2.3 B | |
| Net Income Applicable To Common Shares | 2.1 B | 2.2 B | |
| Interest Income | 192 M | 137.2 M | |
| Net Interest Income | -20.7 M | -19.7 M | |
| Change To Netincome | -46.6 M | -49 M |
Ingersoll Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ingersoll Rand. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ingersoll Rand position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ingersoll Rand's important profitability drivers and their relationship over time.
Use Ingersoll Rand in pair-trading
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.Ingersoll Rand Pair Trading
Ingersoll Rand Limited Pair Trading Analysis
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 Limited 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.Use Investing Themes to Complement your Ingersoll Rand position
In addition to having Ingersoll Rand in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Ingersoll Stock
To fully project Ingersoll Rand's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ingersoll Rand at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ingersoll Rand's income statement, its balance sheet, and the statement of cash flows.