ICL Net Debt vs Total Current Liabilities Analysis
ICL Stock | USD 4.87 0.02 0.41% |
ICL Israel financial indicator trend analysis is infinitely more than just investigating ICL Israel Chemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ICL Israel Chemicals is a good investment. Please check the relationship between ICL Israel Net Debt and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICL Israel Chemicals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICL Israel Chemicals Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ICL Israel's Net Debt and Total Current Liabilities is 0.54. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of ICL Israel Chemicals, assuming nothing else is changed. The correlation between historical values of ICL Israel's Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of ICL Israel Chemicals are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., ICL Israel's Net Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Liabilities
Total Current Liabilities is an item on ICL Israel balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ICL Israel Chemicals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from ICL Israel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ICL Israel Chemicals 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 ICL Israel Chemicals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Sales General And Administrative To Revenue is expected to rise to 0.08 this year, although the value of Selling General Administrative will most likely fall to about 379.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 216M | 327M | 176.7M | 120.4M | Depreciation And Amortization | 588M | 713M | 590.1M | 371.6M |
ICL Israel fundamental ratios Correlations
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ICL Israel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ICL Israel fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.2B | 9.7B | 11.1B | 11.8B | 11.5B | 7.7B | |
Short Long Term Debt Total | 2.6B | 2.8B | 3.0B | 2.8B | 2.7B | 2.2B | |
Other Current Liab | 587M | 741M | 938M | 1.0B | 844.0M | 531.1M | |
Total Current Liabilities | 1.8B | 2.2B | 2.6B | 2.6B | 2.6B | 1.9B | |
Total Stockholder Equity | 3.9B | 3.9B | 4.5B | 5.5B | 5.7B | 3.1B | |
Property Plant And Equipment Net | 5.2B | 5.6B | 5.8B | 6.0B | 6.3B | 3.7B | |
Net Debt | 2.5B | 2.6B | 2.5B | 2.4B | 2.2B | 2.0B | |
Retained Earnings | 3.9B | 3.8B | 4.3B | 5.4B | 5.5B | 5.8B | |
Accounts Payable | 712M | 735M | 1.1B | 1.0B | 904.5M | 633.2M | |
Cash | 95M | 214M | 473M | 417M | 416.5M | 437.4M | |
Non Current Assets Total | 6.5B | 6.8B | 7.2B | 7.2B | 7.5B | 4.8B | |
Non Currrent Assets Other | 353M | 393M | 279.8M | 228M | 217.9M | 228.4M | |
Cash And Short Term Investments | 191M | 314M | 564M | 508M | 587.1M | 325.4M | |
Net Receivables | 1.2B | 1.3B | 1.8B | 1.9B | 1.6B | 1.2B | |
Good Will | 302M | 320M | 502M | 507M | 525.6M | 266.1M | |
Common Stock Shares Outstanding | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.4B | |
Short Term Investments | 92M | 96M | 100M | 91M | 170.6M | 127.4M | |
Liabilities And Stockholders Equity | 9.2B | 9.7B | 11.1B | 11.8B | 11.5B | 7.7B | |
Non Current Liabilities Total | 3.4B | 3.4B | 3.7B | 3.4B | 2.9B | 2.6B | |
Inventory | 1.3B | 1.3B | 1.6B | 2.1B | 1.7B | 1.3B | |
Other Current Assets | 51M | 50M | 115.2M | 4.0B | 121.0M | 114.9M | |
Other Stockholder Equity | (62M) | (56M) | (36M) | (27M) | (25.8M) | (24.5M) | |
Total Liab | 5.1B | 5.6B | 6.3B | 6.0B | 5.5B | 4.5B | |
Property Plant And Equipment Gross | 5.3B | 5.6B | 12.5B | 13.0B | 13.8B | 14.5B | |
Total Current Assets | 2.7B | 2.8B | 3.9B | 4.5B | 4.0B | 2.9B | |
Accumulated Other Comprehensive Income | (439M) | (312M) | (306M) | (443M) | (335.2M) | (352.0M) | |
Short Term Debt | 420M | 684M | 577M | 512M | 850.9M | 537.1M | |
Current Deferred Revenue | 42M | 17M | 33M | 41M | 16.9M | 16.0M | |
Intangible Assets | 332M | 336M | 365M | 345M | 343M | 403.7M | |
Other Liab | 1.2B | 1.3B | 1.3B | 1.1B | 1.3B | 1.1B | |
Other Assets | 362M | 309M | 378M | 524M | 434.7M | 384.2M | |
Long Term Debt | 2.2B | 2.1B | 2.4B | 2.3B | 1.6B | 2.3B | |
Property Plant Equipment | 5.3B | 5.6B | 5.8B | 6.0B | 6.9B | 5.1B | |
Net Tangible Assets | 3.3B | 3.3B | 3.7B | 4.6B | 5.3B | 3.1B | |
Long Term Investments | 140M | 83M | 26M | 3M | 2M | 1.9M | |
Short Long Term Debt | 371M | 684M | 577M | 512M | 786M | 523.7M | |
Long Term Debt Total | 1.8B | 2.2B | 2.1B | 2.4B | 2.2B | 1.9B |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICL Israel Chemicals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the ICL Israel Chemicals information on this page should be used as a complementary analysis to other ICL Israel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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Is ICL Israel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICL Israel. If investors know ICL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICL Israel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.63) | Dividend Share 0.214 | Earnings Share 0.36 | Revenue Per Share 5.549 | Quarterly Revenue Growth (0.18) |
The market value of ICL Israel Chemicals is measured differently than its book value, which is the value of ICL that is recorded on the company's balance sheet. Investors also form their own opinion of ICL Israel's value that differs from its market value or its book value, called intrinsic value, which is ICL Israel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICL Israel's market value can be influenced by many factors that don't directly affect ICL Israel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICL Israel's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICL Israel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICL Israel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.