Icahn Accounts Payable vs Cash Analysis
IEP Stock | USD 16.71 0.11 0.65% |
Icahn Enterprises financial indicator trend analysis is infinitely more than just investigating Icahn Enterprises recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Icahn Enterprises is a good investment. Please check the relationship between Icahn Enterprises Accounts Payable and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icahn Enterprises LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Icahn Enterprises Accounts Payable account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Icahn Enterprises' Accounts Payable and Cash is 0.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Icahn Enterprises LP, assuming nothing else is changed. The correlation between historical values of Icahn Enterprises' Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Icahn Enterprises LP are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Icahn Enterprises' Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Icahn Enterprises obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Icahn Enterprises are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash
Cash refers to the most liquid asset of Icahn Enterprises, which is listed under current asset account on Icahn Enterprises LP balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Icahn Enterprises customers. The amounts must be unrestricted with restricted cash listed in a different Icahn Enterprises account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Icahn Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Icahn Enterprises 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 Icahn Enterprises LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Icahn Enterprises' Tax Provision is relatively stable compared to the past year. As of 06/10/2024, Issuance Of Capital Stock is likely to grow to about 123.2 M, while Sales General And Administrative To Revenue is likely to drop 0.04.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 2.4B | 1.9B | 1.1B | Total Revenue | 10.9B | 14.1B | 11.9B | 6.1B |
Icahn Enterprises fundamental ratios Correlations
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Icahn Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Icahn Enterprises fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.6B | 25.0B | 27.7B | 27.9B | 20.9B | 13.1B | |
Short Long Term Debt Total | 8.2B | 8.1B | 7.7B | 7.1B | 11.2B | 11.8B | |
Total Stockholder Equity | 10.9B | 9.3B | 9.3B | 9.6B | 4.0B | 3.8B | |
Net Debt | 4.4B | 6.4B | 5.4B | 4.8B | 6.3B | 6.6B | |
Common Stock Shares Outstanding | 200M | 221M | 260M | 316M | 382M | 401.1M | |
Liabilities And Stockholders Equity | 24.6B | 25.0B | 27.7B | 27.9B | 20.9B | 12.9B | |
Non Current Liabilities Total | 11.2B | 11.8B | 14.2B | 14.6B | 10.2B | 9.7B | |
Total Liab | 13.7B | 15.7B | 18.4B | 18.4B | 14.8B | 8.3B | |
Other Current Liab | 1.5B | 3.2B | 3.4B | 2.8B | 301M | 286.0M | |
Total Current Liabilities | 2.5B | 3.9B | 4.2B | 3.7B | 4.6B | 3.2B | |
Property Plant And Equipment Net | 4.5B | 4.2B | 4.1B | 4.0B | 4.5B | 3.3B | |
Non Current Assets Total | 6.6B | 7.3B | 6.6B | 7.0B | 9.0B | 5.6B | |
Non Currrent Assets Other | (8.6B) | 2.1B | (8.1B) | (5.6B) | 493M | 517.7M | |
Short Term Debt | 1.4B | 2.5B | 26M | 21M | 3.5B | 2.2B | |
Cash | 3.8B | 1.7B | 2.3B | 2.3B | 4.9B | 5.1B | |
Other Assets | 546M | 1.3B | 9.3B | 11.8B | 11.5B | 12.0B | |
Cash And Short Term Investments | 13.7B | 10.6B | 11.5B | 9.1B | 5.9B | 7.3B | |
Net Receivables | 1.3B | 3.9B | 6.1B | 7.7B | 4.9B | 5.1B | |
Total Current Assets | 18.0B | 17.7B | 21.1B | 20.9B | 11.9B | 10.7B | |
Other Stockholder Equity | 4.7B | 5.0B | 5.0B | 4.9B | 6.1B | 5.8B | |
Property Plant And Equipment Gross | 4.5B | 4.2B | 7.7B | 8.0B | 8.2B | 4.1B | |
Accumulated Other Comprehensive Income | (89M) | (83M) | (74M) | (70M) | (55M) | (57.8M) | |
Common Stock | 6.4B | 4.3B | 4.4B | 4.7B | 4.0B | 3.2B | |
Short Term Investments | 9.9B | 8.9B | 9.2B | 6.8B | 1.1B | 1.0B | |
Accounts Payable | 945M | 738M | 805M | 870M | 830M | 827.9M | |
Other Liab | 782M | 569M | 390M | 466M | 535.9M | 509.1M | |
Long Term Debt | 1.2B | 639M | 787M | 691M | 7.2B | 4.3B | |
Inventory | 1.8B | 1.6B | 1.5B | 1.5B | 1.0B | 1.3B | |
Property Plant Equipment | 4.5B | 4.2B | 4.1B | 4.0B | 4.6B | 4.4B | |
Other Current Assets | 1.2B | 1.6B | 2.1B | 2.5B | 7.4B | 7.8B | |
Current Deferred Revenue | (1.0B) | (468M) | (1.4B) | (2.5B) | (2.3B) | (2.2B) | |
Intangible Assets | 431M | 660M | 595M | 533M | 466M | 801.1M | |
Good Will | 282M | 298M | 290M | 288M | 259.2M | 246.2M | |
Net Tangible Assets | 10.2B | 8.3B | 8.5B | 8.7B | 10.0B | 10.5B | |
Deferred Long Term Liab | 639M | 569M | 390M | 338M | 304.2M | 289.0M | |
Long Term Investments | 9.9B | 8.9B | 9.2B | 6.8B | 6.1B | 8.0B |
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