IDEX Net Income From Continuing Ops vs Total Revenue Analysis
IEX Stock | USD 225.30 0.86 0.38% |
IDEX financial indicator trend analysis is infinitely more than just investigating IDEX recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDEX is a good investment. Please check the relationship between IDEX Net Income From Continuing Ops and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Net Income From Continuing Ops vs Total Revenue
Net Income From Continuing Ops vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDEX Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between IDEX's Net Income From Continuing Ops and Total Revenue is 0.74. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue in the same time period over historical financial statements of IDEX Corporation, assuming nothing else is changed. The correlation between historical values of IDEX's Net Income From Continuing Ops and Total Revenue 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 Income From Continuing Ops of IDEX Corporation are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., IDEX's Net Income From Continuing Ops and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income From Continuing Ops
Total Revenue
Total revenue comprises all receipts IDEX generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from IDEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDEX 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 IDEX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Enterprise Value is likely to rise to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 374.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.4B | 1.4B | 1.5B | Total Revenue | 2.8B | 3.2B | 3.3B | 3.4B |
IDEX fundamental ratios Correlations
Click cells to compare fundamentals
IDEX Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IDEX fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.4B | 4.9B | 5.5B | 5.9B | 6.2B | |
Short Long Term Debt Total | 849.3M | 1.0B | 1.2B | 1.5B | 1.3B | 1.4B | |
Total Current Liabilities | 357.9M | 399.1M | 480M | 543.6M | 500.3M | 525.3M | |
Total Stockholder Equity | 2.3B | 2.5B | 2.8B | 3.0B | 3.5B | 3.7B | |
Property Plant And Equipment Net | 280.3M | 298.3M | 327.3M | 382.1M | 430.3M | 451.8M | |
Net Debt | 216.7M | 18.6M | 334.9M | 1.1B | 791.4M | 831.0M | |
Retained Earnings | 2.6B | 2.8B | 3.1B | 3.5B | 3.9B | 4.1B | |
Cash | 632.6M | 1.0B | 855.4M | 430.2M | 534.3M | 561.0M | |
Non Current Assets Total | 2.6B | 2.8B | 3.2B | 4.1B | 4.4B | 4.6B | |
Non Currrent Assets Other | 104.4M | 147.8M | 146.9M | (119.9M) | 138.5M | 145.4M | |
Cash And Short Term Investments | 632.6M | 1.0B | 855.4M | 430.2M | 534.3M | 561.0M | |
Net Receivables | 298.2M | 293.1M | 356.4M | 442.8M | 427.8M | 449.2M | |
Common Stock Shares Outstanding | 77.6M | 76.5M | 76.4M | 76M | 75.9M | 82.3M | |
Liabilities And Stockholders Equity | 3.8B | 4.4B | 4.9B | 5.5B | 5.9B | 6.2B | |
Non Current Liabilities Total | 1.2B | 1.5B | 1.6B | 1.9B | 1.8B | 1.9B | |
Inventory | 293.5M | 289.9M | 370.4M | 470.9M | 420.8M | 441.8M | |
Other Current Assets | 37.2M | 48.3M | 95.8M | 55.4M | 63.4M | 66.6M | |
Other Stockholder Equity | (225.5M) | (288.7M) | (254.7M) | (367.1M) | (348M) | (330.6M) | |
Total Liab | 1.6B | 1.9B | 2.1B | 2.5B | 2.3B | 2.4B | |
Total Current Assets | 1.3B | 1.7B | 1.7B | 1.4B | 1.4B | 1.5B | |
Intangible Assets | 388.0M | 415.6M | 597.3M | 947.8M | 3.9B | 4.0B | |
Other Current Liab | 201.4M | 218.6M | 234.6M | 268.4M | 264.1M | 277.3M | |
Accounts Payable | 138.5M | 152.0M | 178.8M | 208.9M | 179.7M | 98.3M | |
Property Plant And Equipment Gross | 280.3M | 298.3M | 832M | 898.8M | 976M | 1.0B | |
Accumulated Other Comprehensive Income | (127.3M) | (13.5M) | (69.6M) | (126.2M) | (45.8M) | (48.1M) | |
Other Liab | 274.0M | 430.7M | 443.8M | 363.4M | 417.9M | 438.8M | |
Other Assets | 22.0M | 147.8M | 146.9M | 144.6M | 166.3M | 174.6M | |
Long Term Debt | 848.9M | 1.0B | 1.2B | 1.5B | 1.3B | 731.2M | |
Treasury Stock | (985.9M) | (1.1B) | (1.1B) | (1.2B) | (1.1B) | (1.0B) | |
Short Term Debt | 388K | 88K | 17.6M | 21.6M | 600K | 570K | |
Property Plant Equipment | 280.3M | 298.3M | 327.3M | 382.1M | 439.4M | 236.4M | |
Good Will | 1.8B | 1.9B | 2.2B | 2.6B | 2.8B | 1.5B | |
Current Deferred Revenue | 17.6M | 28.4M | 49M | 44.7M | 55.9M | 58.7M | |
Net Tangible Assets | 95.5M | 229.1M | 38.1M | (546.6M) | (628.6M) | (597.2M) | |
Retained Earnings Total Equity | 2.6B | 2.8B | 3.1B | 3.5B | 4.1B | 2.2B | |
Long Term Debt Total | 848.9M | 1.0B | 1.2B | 1.5B | 1.7B | 985.3M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the IDEX information on this page should be used as a complementary analysis to other IDEX'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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Is IDEX'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 IDEX. If investors know IDEX 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 IDEX 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 (0.13) | Dividend Share 1.92 | Earnings Share 7.6 | Revenue Per Share 42.698 | Quarterly Revenue Growth (0.05) |
The market value of IDEX is measured differently than its book value, which is the value of IDEX that is recorded on the company's balance sheet. Investors also form their own opinion of IDEX's value that differs from its market value or its book value, called intrinsic value, which is IDEX'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 IDEX's market value can be influenced by many factors that don't directly affect IDEX'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 IDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDEX'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.