IDEX Total Other Income Expense Net vs Net Income 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 Total Other Income Expense Net and its Net Income 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.
Total Other Income Expense Net vs Net Income
Total Other Income Expense Net vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDEX Total Other Income Expense Net account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IDEX's Total Other Income Expense Net and Net Income is 0.48. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Net Income 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 Total Other Income Expense Net and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of IDEX Corporation are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Other Income Expense Net i.e., IDEX's Total Other Income Expense Net and Net Income go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Other Income Expense Net
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in IDEX financial statement analysis. It represents the amount of money remaining after all of IDEX Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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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.