IHS Cash And Equivalents vs Long Term Debt Analysis
IHS Stock | USD 3.35 0.01 0.30% |
IHS Holding financial indicator trend analysis is infinitely more than just investigating IHS Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IHS Holding is a good investment. Please check the relationship between IHS Holding Cash And Equivalents and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IHS Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy IHS Stock please use our How to Invest in IHS Holding guide.
Cash And Equivalents vs Long Term Debt
Cash And Equivalents vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IHS Holding Cash And Equivalents account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between IHS Holding's Cash And Equivalents and Long Term Debt is -0.84. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of IHS Holding, assuming nothing else is changed. The correlation between historical values of IHS Holding's Cash And Equivalents and Long 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 Cash And Equivalents of IHS Holding are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash And Equivalents i.e., IHS Holding's Cash And Equivalents and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash And Equivalents
Long Term Debt
Long-term debt is a debt that IHS Holding has held for over one year. Long-term debt appears on IHS Holding balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on IHS Holding balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from IHS Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IHS Holding 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 IHS Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy IHS Stock please use our How to Invest in IHS Holding guide.At this time, IHS Holding's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 112.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 672.3M | 804.4M | 1.0B | 828.2M | Total Revenue | 1.6B | 2.0B | 2.1B | 1.6B |
IHS Holding fundamental ratios Correlations
Click cells to compare fundamentals
IHS Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IHS Holding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 103.4M | 165.2M | 52.5M | (14.5M) | 304.6M | 174.0M | |
Total Current Liabilities | 566.5M | 683.6M | 830.6M | 1.3B | 1.2B | 858.9M | |
Retained Earnings | (2.5B) | (2.8B) | (2.9B) | (3.3B) | (5.3B) | (5.0B) | |
Accounts Payable | 338.4M | 301.8M | 499.4M | 669.1M | 330.6M | 209.5M | |
Net Receivables | 258.3M | 290.3M | 469.3M | 664.6M | 580.6M | 374.9M | |
Other Current Assets | 6.3M | 1.6M | 1.1M | 27.9M | 57.6M | 80.5M | |
Other Stockholder Equity | (587.2M) | (485.5M) | (780.3M) | (861.4M) | 5.3B | 5.6B | |
Total Current Assets | 1.2B | 989.3M | 1.4B | 1.3B | 972.6M | 946.2M | |
Other Assets | 66.2M | 205.0M | 245.6M | 167.6M | 192.8M | 202.4M | |
Other Liab | 49.6M | 236.2M | 190.1M | 272.3M | 313.1M | 217.1M | |
Net Tangible Assets | 462.5M | (137.1M) | 12.3M | (682.2M) | (614.0M) | (583.3M) | |
Inventory | 48.7M | 49.2M | 42.0M | 74.2M | 40.6M | 47.3M | |
Property Plant Equipment | 1.9B | 1.9B | 2.2B | 3.0B | 3.5B | 2.2B |
Pair Trading with IHS Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IHS Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IHS Holding will appreciate offsetting losses from the drop in the long position's value.Moving against IHS Stock
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The ability to find closely correlated positions to IHS Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IHS Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IHS Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IHS Holding to buy it.
The correlation of IHS Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IHS Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IHS Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IHS Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IHS Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy IHS Stock please use our How to Invest in IHS Holding guide.Note that the IHS Holding information on this page should be used as a complementary analysis to other IHS Holding'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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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Is IHS Holding'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 IHS Holding. If investors know IHS 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 IHS Holding 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 (0.40) | Earnings Share (10.63) | Revenue Per Share 5.822 | Quarterly Revenue Growth (0.31) | Return On Assets 0.0469 |
The market value of IHS Holding is measured differently than its book value, which is the value of IHS that is recorded on the company's balance sheet. Investors also form their own opinion of IHS Holding's value that differs from its market value or its book value, called intrinsic value, which is IHS Holding'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 IHS Holding's market value can be influenced by many factors that don't directly affect IHS Holding'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 IHS Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if IHS Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IHS Holding'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.