Ingredion Net Income vs Total Operating Expenses Analysis

INGR Stock  USD 115.95  0.10  0.09%   
Ingredion Incorporated financial indicator trend analysis is infinitely more than just investigating Ingredion Incorporated recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingredion Incorporated is a good investment. Please check the relationship between Ingredion Incorporated Net Income and its Total Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingredion Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Ingredion Stock, please use our How to Invest in Ingredion Incorporated guide.

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingredion Incorporated Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ingredion Incorporated's Net Income and Total Operating Expenses is 0.55. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Ingredion Incorporated, assuming nothing else is changed. The correlation between historical values of Ingredion Incorporated's Net Income and Total Operating Expenses 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 of Ingredion Incorporated are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Ingredion Incorporated's Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ingredion Incorporated financial statement analysis. It represents the amount of money remaining after all of Ingredion Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Ingredion Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingredion Incorporated 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 Ingredion Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Ingredion Stock, please use our How to Invest in Ingredion Incorporated guide.As of 06/06/2024, Selling General Administrative is likely to drop to about 366.8 M. In addition to that, Tax Provision is likely to drop to about 141.3 M
 2021 2022 2023 2024 (projected)
Interest Expense74M99M114M70.3M
Depreciation And Amortization220M224M219M185.5M

Ingredion Incorporated fundamental ratios Correlations

0.940.720.830.980.930.910.850.330.980.410.320.98-0.290.860.730.15-0.780.990.480.980.140.750.410.00.12
0.940.60.670.850.940.940.790.420.930.180.410.92-0.090.960.61-0.01-0.750.980.350.91-0.070.640.190.13-0.05
0.720.60.680.740.640.640.560.060.730.730.050.72-0.750.510.910.58-0.870.680.810.680.460.950.77-0.620.64
0.830.670.680.850.610.780.84-0.120.780.74-0.130.89-0.50.470.810.32-0.640.790.690.860.610.670.52-0.140.29
0.980.850.740.850.880.820.790.30.960.460.30.95-0.370.760.720.2-0.760.920.50.960.190.760.48-0.050.2
0.930.940.640.610.880.860.760.460.950.210.450.87-0.180.950.610.07-0.770.940.320.87-0.110.70.30.060.01
0.910.940.640.780.820.860.820.080.910.350.080.94-0.260.840.70.03-0.80.950.460.870.170.70.270.070.02
0.850.790.560.840.790.760.820.120.810.510.120.86-0.210.690.730.27-0.570.870.520.870.320.520.4-0.040.14
0.330.420.06-0.120.30.460.080.120.3-0.421.00.180.420.57-0.06-0.12-0.050.34-0.220.35-0.640.02-0.160.2-0.17
0.980.930.730.780.960.950.910.810.30.380.290.95-0.310.880.70.09-0.820.970.420.920.090.780.420.020.08
0.410.180.730.740.460.210.350.51-0.420.38-0.420.47-0.840.00.830.68-0.560.340.850.420.890.670.82-0.660.69
0.320.410.05-0.130.30.450.080.121.00.29-0.420.170.420.57-0.07-0.12-0.050.33-0.220.35-0.650.01-0.160.2-0.17
0.980.920.720.890.950.870.940.860.180.950.470.17-0.320.80.770.14-0.780.970.550.970.260.740.390.00.13
-0.29-0.09-0.75-0.5-0.37-0.18-0.26-0.210.42-0.31-0.840.42-0.320.04-0.69-0.660.65-0.21-0.78-0.25-0.7-0.76-0.750.74-0.77
0.860.960.510.470.760.950.840.690.570.880.00.570.80.040.48-0.07-0.690.910.190.81-0.290.570.120.17-0.12
0.730.610.910.810.720.610.70.73-0.060.70.83-0.070.77-0.690.480.62-0.810.710.920.740.640.860.71-0.580.61
0.15-0.010.580.320.20.070.030.27-0.120.090.68-0.120.14-0.66-0.070.62-0.360.10.780.210.590.450.72-0.910.96
-0.78-0.75-0.87-0.64-0.76-0.77-0.8-0.57-0.05-0.82-0.56-0.05-0.780.65-0.69-0.81-0.36-0.77-0.65-0.71-0.28-0.96-0.610.39-0.41
0.990.980.680.790.920.940.950.870.340.970.340.330.97-0.210.910.710.1-0.770.450.960.080.70.330.050.05
0.480.350.810.690.50.320.460.52-0.220.420.85-0.220.55-0.780.190.920.78-0.650.450.540.780.740.64-0.750.78
0.980.910.680.860.960.870.870.870.350.920.420.350.97-0.250.810.740.21-0.710.960.540.190.680.37-0.020.17
0.14-0.070.460.610.19-0.110.170.32-0.640.090.89-0.650.26-0.7-0.290.640.59-0.280.080.780.190.40.56-0.580.6
0.750.640.950.670.760.70.70.520.020.780.670.010.74-0.760.570.860.45-0.960.70.740.680.40.71-0.520.54
0.410.190.770.520.480.30.270.4-0.160.420.82-0.160.39-0.750.120.710.72-0.610.330.640.370.560.71-0.720.76
0.00.13-0.62-0.14-0.050.060.07-0.040.20.02-0.660.20.00.740.17-0.58-0.910.390.05-0.75-0.02-0.58-0.52-0.72-0.95
0.12-0.050.640.290.20.010.020.14-0.170.080.69-0.170.13-0.77-0.120.610.96-0.410.050.780.170.60.540.76-0.95
Click cells to compare fundamentals

Ingredion Incorporated Account Relationship Matchups

Ingredion Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.9B7.0B7.6B7.6B4.7B
Short Long Term Debt Total2.0B2.3B2.0B2.5B2.2B1.4B
Other Current Liab381M421M430M466M546M573.3M
Total Current Liabilities967M1.1B1.5B1.9B1.8B890.2M
Total Stockholder Equity2.7B3.0B3.1B3.2B3.6B2.1B
Property Plant And Equipment Net2.5B2.6B2.4B2.4B2.4B2.0B
Net Debt1.7B1.7B1.7B2.2B1.8B1.1B
Accounts Payable452M504M599M774M873M453.4M
Cash327M264M665M328M236M301.8M
Non Current Assets Total3.9B4.2B4.3B4.3B4.2B3.0B
Non Currrent Assets Other171M213M531M544M570M598.5M
Cash And Short Term Investments268M665M332M239M409M305.8M
Net Receivables977M1.0B1.1B1.4B1.3B715.8M
Common Stock Shares Outstanding67.4M67.6M67.8M67M60.3M58.5M
Liabilities And Stockholders Equity6.0B6.9B7.0B7.6B7.6B4.7B
Non Current Liabilities Total2.3B2.7B2.3B2.4B2.2B1.7B
Inventory861M917M1.2B1.6B1.5B1.5B
Other Stockholder Equity97M156M133M32M(61M)(58.0M)
Total Liab3.3B3.8B3.8B4.3B4.0B2.5B
Property Plant And Equipment Gross2.5B2.6B2.4B5.7B5.8B6.1B
Total Current Assets2.2B2.6B2.7B3.3B3.4B1.7B
Accumulated Other Comprehensive Income(1.2B)(1.1B)(897M)(1.0B)(1.1B)(1.0B)
Short Term Debt82M58M308M543M448M470.4M
Retained Earnings3.8B4.0B3.9B4.2B4.7B4.9B
Intangible Assets437M444M1.3B401M1.3B1.4B
Other Liab446M474M560M379M435.9M274.0M
Other Assets184M410M531M544M625.6M656.9M
Long Term Debt1.8B1.7B1.7B1.9B1.7B1.4B
Property Plant Equipment2.3B2.5B2.4B2.4B2.8B2.0B
Good Will801M902M914M900M918M643.3M
Net Tangible Assets1.6B1.7B1.8B1.9B1.8B1.7B
Retained Earnings Total Equity3.8B4.0B3.9B4.2B4.8B2.9B
Long Term Debt Total1.8B1.7B1.7B1.9B2.2B2.0B
Capital Surpluse1.1B1.2B1.2B1.1B1.0B913.2M

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Additional Tools for Ingredion Stock Analysis

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