IDEX Non Operating Income Net Other vs Cost Of 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 Non Operating Income Net Other and its Cost Of 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.

Non Operating Income Net Other vs Cost Of Revenue

Non Operating Income Net Other vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDEX Non Operating Income Net Other account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between IDEX's Non Operating Income Net Other and Cost Of Revenue is 0.6. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Cost Of 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 Non Operating Income Net Other and Cost Of 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 Non Operating Income Net Other of IDEX Corporation are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Non Operating Income Net Other i.e., IDEX's Non Operating Income Net Other and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Operating Income Net Other

Cost Of Revenue

Cost of Revenue is found on IDEX income statement and represents the costs associated with goods and services IDEX provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Profit1.2B1.4B1.4B1.5B
Total Revenue2.8B3.2B3.3B3.4B

IDEX fundamental ratios Correlations

0.960.951.00.990.530.980.640.990.390.640.97-0.680.980.980.53-0.640.990.910.720.970.730.890.640.640.88
0.960.950.930.950.670.920.540.960.20.540.97-0.720.990.980.58-0.580.990.850.630.940.780.850.670.680.82
0.950.950.930.940.510.920.660.920.250.660.96-0.760.940.950.63-0.590.960.910.580.970.810.810.710.720.8
1.00.930.930.990.490.980.650.980.440.650.96-0.650.960.960.5-0.650.970.90.750.960.690.890.610.610.88
0.990.950.940.990.580.970.570.990.370.570.98-0.70.970.970.5-0.640.970.860.760.970.70.870.660.660.86
0.530.670.510.490.580.48-0.270.64-0.34-0.270.64-0.330.610.650.29-0.220.60.180.550.490.380.620.320.330.32
0.980.920.920.980.970.480.650.970.420.650.94-0.60.950.940.4-0.780.950.890.730.950.680.880.550.560.92
0.640.540.660.650.57-0.270.650.530.641.00.53-0.560.590.530.43-0.50.610.90.190.660.580.40.510.510.71
0.990.960.920.980.990.640.970.530.330.530.97-0.630.980.980.49-0.630.980.840.780.950.680.910.590.60.85
0.390.20.250.440.37-0.340.420.640.330.640.23-0.160.290.210.24-0.310.290.510.470.30.00.310.160.160.51
0.640.540.660.650.57-0.270.651.00.530.640.53-0.560.590.530.43-0.50.610.90.190.660.580.40.510.510.71
0.970.970.960.960.980.640.940.530.970.230.53-0.760.970.990.56-0.560.980.850.670.980.780.850.710.720.8
-0.68-0.72-0.76-0.65-0.7-0.33-0.6-0.56-0.63-0.16-0.56-0.76-0.7-0.68-0.640.21-0.72-0.73-0.18-0.78-0.82-0.33-0.97-0.97-0.54
0.980.990.940.960.970.610.950.590.980.290.590.97-0.70.980.56-0.611.00.880.660.950.760.870.650.660.87
0.980.980.950.960.970.650.940.530.980.210.530.99-0.680.980.52-0.590.980.850.670.950.770.890.640.640.81
0.530.580.630.50.50.290.40.430.490.240.430.56-0.640.560.520.050.580.590.230.550.570.430.630.630.38
-0.64-0.58-0.59-0.65-0.64-0.22-0.78-0.5-0.63-0.31-0.5-0.560.21-0.61-0.590.05-0.61-0.59-0.47-0.64-0.43-0.64-0.14-0.15-0.83
0.990.990.960.970.970.60.950.610.980.290.610.98-0.721.00.980.58-0.610.890.650.960.780.870.670.680.86
0.910.850.910.90.860.180.890.90.840.510.90.85-0.730.880.850.59-0.590.890.460.910.770.70.680.680.85
0.720.630.580.750.760.550.730.190.780.470.190.67-0.180.660.670.23-0.470.650.460.610.160.810.210.220.58
0.970.940.970.960.970.490.950.660.950.30.660.98-0.780.950.950.55-0.640.960.910.610.80.790.730.740.85
0.730.780.810.690.70.380.680.580.680.00.580.78-0.820.760.770.57-0.430.780.770.160.80.530.840.840.63
0.890.850.810.890.870.620.880.40.910.310.40.85-0.330.870.890.43-0.640.870.70.810.790.530.310.320.77
0.640.670.710.610.660.320.550.510.590.160.510.71-0.970.650.640.63-0.140.670.680.210.730.840.311.00.47
0.640.680.720.610.660.330.560.510.60.160.510.72-0.970.660.640.63-0.150.680.680.220.740.840.321.00.47
0.880.820.80.880.860.320.920.710.850.510.710.8-0.540.870.810.38-0.830.860.850.580.850.630.770.470.47
Click cells to compare fundamentals

IDEX Account Relationship Matchups

IDEX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.4B4.9B5.5B5.9B6.2B
Short Long Term Debt Total849.3M1.0B1.2B1.5B1.3B1.4B
Total Current Liabilities357.9M399.1M480M543.6M500.3M525.3M
Total Stockholder Equity2.3B2.5B2.8B3.0B3.5B3.7B
Property Plant And Equipment Net280.3M298.3M327.3M382.1M430.3M451.8M
Net Debt216.7M18.6M334.9M1.1B791.4M831.0M
Retained Earnings2.6B2.8B3.1B3.5B3.9B4.1B
Cash632.6M1.0B855.4M430.2M534.3M561.0M
Non Current Assets Total2.6B2.8B3.2B4.1B4.4B4.6B
Non Currrent Assets Other104.4M147.8M146.9M(119.9M)138.5M145.4M
Cash And Short Term Investments632.6M1.0B855.4M430.2M534.3M561.0M
Net Receivables298.2M293.1M356.4M442.8M427.8M449.2M
Common Stock Shares Outstanding77.6M76.5M76.4M76M75.9M82.3M
Liabilities And Stockholders Equity3.8B4.4B4.9B5.5B5.9B6.2B
Non Current Liabilities Total1.2B1.5B1.6B1.9B1.8B1.9B
Inventory293.5M289.9M370.4M470.9M420.8M441.8M
Other Current Assets37.2M48.3M95.8M55.4M63.4M66.6M
Other Stockholder Equity(225.5M)(288.7M)(254.7M)(367.1M)(348M)(330.6M)
Total Liab1.6B1.9B2.1B2.5B2.3B2.4B
Total Current Assets1.3B1.7B1.7B1.4B1.4B1.5B
Intangible Assets388.0M415.6M597.3M947.8M3.9B4.0B
Other Current Liab201.4M218.6M234.6M268.4M264.1M277.3M
Accounts Payable138.5M152.0M178.8M208.9M179.7M98.3M
Property Plant And Equipment Gross280.3M298.3M832M898.8M976M1.0B
Accumulated Other Comprehensive Income(127.3M)(13.5M)(69.6M)(126.2M)(45.8M)(48.1M)
Other Liab274.0M430.7M443.8M363.4M417.9M438.8M
Other Assets22.0M147.8M146.9M144.6M166.3M174.6M
Long Term Debt848.9M1.0B1.2B1.5B1.3B731.2M
Treasury Stock(985.9M)(1.1B)(1.1B)(1.2B)(1.1B)(1.0B)
Short Term Debt388K88K17.6M21.6M600K570K
Property Plant Equipment280.3M298.3M327.3M382.1M439.4M236.4M
Good Will1.8B1.9B2.2B2.6B2.8B1.5B
Current Deferred Revenue17.6M28.4M49M44.7M55.9M58.7M
Net Tangible Assets95.5M229.1M38.1M(546.6M)(628.6M)(597.2M)
Retained Earnings Total Equity2.6B2.8B3.1B3.5B4.1B2.2B
Long Term Debt Total848.9M1.0B1.2B1.5B1.7B985.3M

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When determining whether IDEX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDEX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Idex Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Idex Corporation Stock:
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.
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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