ICON Net Working Capital vs Short Term Debt Analysis

ICLR Stock

USD 314.72 1.11 0.35%

ICON PLC financial indicator trend analysis is infinitely more than just investigating ICON PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ICON PLC is a good investment. Please check the relationship between ICON PLC Net Working Capital and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.

Net Working Capital vs Short Term Debt

Net Working Capital vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICON PLC Net Working Capital account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between ICON PLC's Net Working Capital and Short Term Debt is -0.19. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of ICON PLC, assuming nothing else is changed. The correlation between historical values of ICON PLC's Net Working Capital and Short 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 Net Working Capital of ICON PLC are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Working Capital i.e., ICON PLC's Net Working Capital and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Working Capital

Short Term Debt

Most indicators from ICON PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ICON PLC 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 ICON PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.At this time, ICON PLC's Selling General Administrative is relatively stable compared to the past year. As of 05/17/2024, Enterprise Value is likely to grow to about 25.3 B, while Tax Provision is likely to drop slightly above 11.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.5B	2.2B	1.8B	1.9B
Total Revenue	5.5B	7.7B	8.1B	8.5B

Gross Profit Total Revenue

ICON PLC fundamental ratios 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	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Long Term Debt	Good Will	Intangible Assets
Common Stock Shares Outstanding		0.49	0.5	0.52	0.48	0.48	0.57	0.48	0.48	0.39	0.25	0.48	0.24	0.51	-0.1	0.49	0.43	0.48	0.5	0.51	0.12	0.97	0.45	0.51	0.48	0.48
Total Assets	0.49		0.98	0.96	0.98	1.0	0.97	0.98	0.88	0.95	0.36	1.0	0.28	0.96	-0.73	0.98	0.34	1.0	1.0	0.95	-0.43	0.53	0.99	0.98	1.0	0.99
Short Long Term Debt Total	0.5	0.98		0.95	0.93	0.96	0.96	0.99	0.79	0.88	0.36	0.99	0.28	0.9	-0.7	1.0	0.36	0.98	0.99	0.89	-0.46	0.56	0.97	1.0	0.98	1.0
Other Current Liab	0.52	0.96	0.95		0.95	0.95	0.98	0.94	0.85	0.9	0.43	0.95	0.35	0.93	-0.72	0.95	0.36	0.95	0.96	0.93	-0.45	0.56	0.94	0.95	0.95	0.95
Total Current Liabilities	0.48	0.98	0.93	0.95		0.98	0.96	0.92	0.94	0.97	0.46	0.96	0.37	0.99	-0.77	0.93	0.29	0.97	0.96	0.98	-0.37	0.52	0.96	0.93	0.97	0.95
Total Stockholder Equity	0.48	1.0	0.96	0.95	0.98		0.97	0.96	0.91	0.96	0.33	0.99	0.25	0.98	-0.73	0.96	0.34	1.0	0.98	0.95	-0.41	0.51	0.99	0.96	1.0	0.98
Property Plant And Equipment Net	0.57	0.97	0.96	0.98	0.96	0.97		0.94	0.88	0.92	0.41	0.96	0.34	0.94	-0.69	0.95	0.4	0.96	0.97	0.94	-0.33	0.62	0.95	0.95	0.96	0.95
Net Debt	0.48	0.98	0.99	0.94	0.92	0.96	0.94		0.77	0.87	0.28	0.99	0.2	0.9	-0.69	1.0	0.35	0.98	0.99	0.87	-0.46	0.52	0.97	0.99	0.98	1.0
Retained Earnings	0.48	0.88	0.79	0.85	0.94	0.91	0.88	0.77		0.96	0.45	0.86	0.39	0.96	-0.7	0.79	0.26	0.87	0.85	0.97	-0.23	0.5	0.87	0.78	0.87	0.82
Accounts Payable	0.39	0.95	0.88	0.9	0.97	0.96	0.92	0.87	0.96		0.41	0.93	0.33	0.96	-0.78	0.88	0.29	0.94	0.92	0.96	-0.42	0.42	0.95	0.87	0.94	0.91
Cash	0.25	0.36	0.36	0.43	0.46	0.33	0.41	0.28	0.45	0.41		0.32	0.99	0.39	-0.53	0.35	0.06	0.29	0.38	0.53	-0.16	0.4	0.27	0.36	0.32	0.31
Non Current Assets Total	0.48	1.0	0.99	0.95	0.96	0.99	0.96	0.99	0.86	0.93	0.32		0.24	0.95	-0.72	0.99	0.35	1.0	1.0	0.93	-0.45	0.52	0.99	0.98	1.0	1.0
Cash And Short Term Investments	0.24	0.28	0.28	0.35	0.37	0.25	0.34	0.2	0.39	0.33	0.99	0.24		0.31	-0.41	0.26	0.0	0.21	0.3	0.46	-0.07	0.4	0.18	0.28	0.23	0.23
Net Receivables	0.51	0.96	0.9	0.93	0.99	0.98	0.94	0.9	0.96	0.96	0.39	0.95	0.31		-0.73	0.91	0.26	0.95	0.94	0.99	-0.33	0.52	0.95	0.89	0.96	0.92
Short Term Investments	-0.1	-0.73	-0.7	-0.72	-0.77	-0.73	-0.69	-0.69	-0.7	-0.78	-0.53	-0.72	-0.41	-0.73		-0.7	-0.36	-0.72	-0.73	-0.75	0.58	-0.15	-0.72	-0.69	-0.72	-0.71
Non Current Liabilities Total	0.49	0.98	1.0	0.95	0.93	0.96	0.95	1.0	0.79	0.88	0.35	0.99	0.26	0.91	-0.7		0.35	0.98	0.99	0.89	-0.48	0.55	0.97	1.0	0.98	1.0
Other Current Assets	0.43	0.34	0.36	0.36	0.29	0.34	0.4	0.35	0.26	0.29	0.06	0.35	0.0	0.26	-0.36	0.35		0.34	0.34	0.26	-0.17	0.43	0.35	0.37	0.34	0.35
Other Stockholder Equity	0.48	1.0	0.98	0.95	0.97	1.0	0.96	0.98	0.87	0.94	0.29	1.0	0.21	0.95	-0.72	0.98	0.34		0.99	0.93	-0.44	0.51	1.0	0.97	1.0	0.99
Total Liab	0.5	1.0	0.99	0.96	0.96	0.98	0.97	0.99	0.85	0.92	0.38	1.0	0.3	0.94	-0.73	0.99	0.34	0.99		0.93	-0.45	0.54	0.98	0.99	0.99	1.0
Total Current Assets	0.51	0.95	0.89	0.93	0.98	0.95	0.94	0.87	0.97	0.96	0.53	0.93	0.46	0.99	-0.75	0.89	0.26	0.93	0.93		-0.32	0.55	0.92	0.88	0.93	0.9
Short Term Debt	0.12	-0.43	-0.46	-0.45	-0.37	-0.41	-0.33	-0.46	-0.23	-0.42	-0.16	-0.45	-0.07	-0.33	0.58	-0.48	-0.17	-0.44	-0.45	-0.32		0.1	-0.44	-0.47	-0.44	-0.47
Common Stock	0.97	0.53	0.56	0.56	0.52	0.51	0.62	0.52	0.5	0.42	0.4	0.52	0.4	0.52	-0.15	0.55	0.43	0.51	0.54	0.55	0.1		0.48	0.56	0.51	0.52
Other Liab	0.45	0.99	0.97	0.94	0.96	0.99	0.95	0.97	0.87	0.95	0.27	0.99	0.18	0.95	-0.72	0.97	0.35	1.0	0.98	0.92	-0.44	0.48		0.96	1.0	0.99
Long Term Debt	0.51	0.98	1.0	0.95	0.93	0.96	0.95	0.99	0.78	0.87	0.36	0.98	0.28	0.89	-0.69	1.0	0.37	0.97	0.99	0.88	-0.47	0.56	0.96		0.98	0.99
Good Will	0.48	1.0	0.98	0.95	0.97	1.0	0.96	0.98	0.87	0.94	0.32	1.0	0.23	0.96	-0.72	0.98	0.34	1.0	0.99	0.93	-0.44	0.51	1.0	0.98		0.99
Intangible Assets	0.48	0.99	1.0	0.95	0.95	0.98	0.95	1.0	0.82	0.91	0.31	1.0	0.23	0.92	-0.71	1.0	0.35	0.99	1.0	0.9	-0.47	0.52	0.99	0.99	0.99

Click cells to compare fundamentals

ICON PLC Account Relationship Matchups

ICON PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	54.3M	53.3M	68.1M	82.5M	82.7M	47.6M
Total Assets	2.9B	3.5B	17.4B	17.2B	17.0B	17.8B
Short Long Term Debt Total	454.6M	433.6M	5.6B	4.8B	3.9B	4.1B
Other Current Liab	362.3M	402.1M	1.0B	1.0B	893.0M	937.6M
Total Current Liabilities	1.1B	1.1B	2.5B	2.7B	2.8B	3.0B
Total Stockholder Equity	1.6B	1.9B	8.1B	8.5B	9.2B	9.7B
Property Plant And Equipment Net	270.1M	192.9M	534.6M	504.2M	501.5M	526.6M
Net Debt	(65.8M)	(406.7M)	4.8B	4.5B	3.6B	3.7B
Retained Earnings	1.1B	1.4B	1.4B	1.8B	2.4B	2.6B
Accounts Payable	24.1M	51.1M	90.8M	81.2M	131.6M	138.2M
Cash	520.3M	840.3M	752.2M	288.8M	378.1M	216.9M
Non Current Assets Total	1.3B	1.4B	14.4B	14.0B	13.6B	14.3B
Cash And Short Term Investments	569.9M	842.0M	753.9M	290.5M	380.1M	261.1M
Net Receivables	1.0B	1.2B	2.1B	2.8B	2.9B	3.0B
Short Term Investments	49.6M	1.7M	1.7M	1.7M	2.0M	1.9M
Liabilities And Stockholders Equity	2.9B	3.5B	17.4B	17.2B	17.0B	17.8B
Non Current Liabilities Total	158.2M	446.6M	6.8B	6.0B	4.9B	5.2B
Other Current Assets	41.5M	53.5M	114.3M	137.1M	132.1M	77.1M
Other Stockholder Equity	579.0M	499.1M	6.7B	6.8B	6.9B	7.3B
Total Liab	1.3B	1.6B	9.3B	8.7B	7.7B	8.1B
Total Current Assets	1.6B	2.1B	2.9B	3.2B	3.4B	3.6B
Accumulated Other Comprehensive Income	(75.8M)	(13M)	(90.9M)	(171.5M)	(142.3M)	(135.2M)
Short Term Debt	335.2M	378.0M	24.3M	55.2M	146.6M	117.9M
Common Stock	4.6M	4.6M	6.6M	6.6M	6.7M	4.0M
Other Liab	42.1M	52.1M	1.3B	1.3B	1.5B	1.5B
Good Will	883.2M	936.3M	9.0B	9.0B	9.0B	9.5B
Intangible Assets	67.9M	66.5M	4.7B	4.3B	3.9B	4.0B
Property Plant Equipment	270.1M	258.9M	534.6M	504.2M	579.8M	608.8M
Current Deferred Revenue	367.0M	660.9M	1.3B	1.5B	1.7B	1.7B
Non Currrent Assets Other	34.7M	26.9M	89.2M	92.2M	78.5M	82.4M
Common Stock Total Equity	4.7M	4.7M	4.6M	4.6M	5.3M	3.8M
Inventory	2.3M	3.2M	4.8M	1.0	7.1M	0.95
Property Plant And Equipment Gross	270.1M	258.9M	534.6M	329.4M	921.4M	967.5M
Other Assets	51.4M	50.7M	137.6M	169.1M	194.5M	204.2M
Net Tangible Assets	667.0M	847.5M	(5.7B)	(4.8B)	(4.3B)	(4.1B)
Long Term Investments	10.1M	20.3M	25.0M	32.6M	46.8M	49.1M

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When determining whether ICON PLC is a strong investment it is important to analyze ICON PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ICON PLC's future performance. For an informed investment choice regarding ICON Stock, refer to the following important reports:

How To Invest In ICON

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Is ICON Stock a good investment?

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What is ICON PLC's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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

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Is ICON PLC'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 ICON PLC. If investors know ICON 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 ICON PLC 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

0.596

Earnings Share

8.24

Revenue Per Share

100.023

Quarterly Revenue Growth

0.057

Return On Assets

0.0401

The market value of ICON PLC is measured differently than its book value, which is the value of ICON that is recorded on the company's balance sheet. Investors also form their own opinion of ICON PLC's value that differs from its market value or its book value, called intrinsic value, which is ICON PLC'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 ICON PLC's market value can be influenced by many factors that don't directly affect ICON PLC'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 ICON PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICON PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICON PLC'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.

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ICON Net Working Capital vs Short Term Debt Analysis

Net Working Capital vs Short Term Debt

Net Working Capital vs Short Term Debt Correlation Analysis

Correlation Coefficient

Net Working Capital

Short Term Debt

ICON PLC fundamental ratios Correlations

ICON PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ICON PLC fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for ICON Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total

Short Term Investments	- 0.78	Accounts Payable
Short Term Investments	- 0.77	Total Current Liabilities
Total Current Assets	- 0.75	Short Term Investments
Total Liab	- 0.73	Short Term Investments
Short Term Investments	- 0.73	Net Receivables
Short Term Investments	- 0.73	Total Stockholder Equity