Integer Net Income vs Interest Income Analysis

ITGR Stock  USD 120.92  1.92  1.61%   
Integer Holdings financial indicator trend analysis is infinitely more than just investigating Integer Holdings Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integer Holdings Corp is a good investment. Please check the relationship between Integer Holdings Net Income and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integer Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Net Income vs Interest Income

Net Income vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Integer Holdings Corp Net Income account and Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Integer Holdings' Net Income and Interest Income is 0.66. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Integer Holdings Corp, assuming nothing else is changed. The correlation between historical values of Integer Holdings' Net Income and Interest 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 Net Income of Integer Holdings Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income i.e., Integer Holdings' Net Income and Interest Income go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

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

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Integer Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integer Holdings Corp 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 Integer Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Integer Holdings' Tax Provision is relatively stable compared to the past year. As of 05/18/2024, Enterprise Value Over EBITDA is likely to grow to 19.34, while Discontinued Operations is likely to drop slightly above 1.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit337.0M359.0M418.3M226.6M
Total Revenue1.2B1.4B1.6B1.7B

Integer Holdings fundamental ratios Correlations

0.90.230.960.690.790.410.90.460.680.210.920.450.20.760.90.830.920.920.710.950.930.420.940.650.9
0.9-0.090.840.40.690.681.00.130.550.350.840.260.340.590.670.581.00.880.50.741.00.290.820.570.67
0.23-0.090.270.750.5-0.63-0.080.830.57-0.50.390.61-0.480.610.50.5-0.060.140.350.4-0.030.640.230.060.48
0.960.840.270.680.780.440.840.480.740.270.870.410.260.780.910.840.860.960.760.930.880.430.980.580.92
0.690.40.750.680.86-0.140.40.950.84-0.070.820.8-0.050.930.850.820.420.560.650.790.450.770.680.360.83
0.790.690.50.780.860.250.690.750.960.130.930.80.160.970.810.710.690.740.670.740.710.850.790.250.78
0.410.68-0.630.44-0.140.250.66-0.350.190.780.33-0.160.770.130.180.10.660.580.190.20.65-0.060.480.170.18
0.91.0-0.080.840.40.690.660.140.550.310.840.270.310.590.670.581.00.870.50.741.00.290.820.580.67
0.460.130.830.480.950.75-0.350.140.78-0.20.630.84-0.170.840.680.640.160.340.570.590.190.80.480.110.65
0.680.550.570.740.840.960.190.550.780.10.830.770.130.970.760.670.560.710.710.660.580.860.770.080.74
0.210.35-0.50.27-0.070.130.780.31-0.20.10.16-0.171.00.050.150.090.340.410.130.120.34-0.040.370.120.15
0.920.840.390.870.820.930.330.840.630.830.160.640.170.90.870.790.850.820.620.880.860.650.840.550.85
0.450.260.610.410.80.8-0.160.270.840.77-0.170.64-0.140.810.560.520.270.320.560.480.280.830.45-0.070.54
0.20.34-0.480.26-0.050.160.770.31-0.170.131.00.17-0.140.070.150.090.340.410.130.110.330.00.360.10.15
0.760.590.610.780.930.970.130.590.840.970.050.90.810.070.850.790.60.710.720.780.620.830.790.260.83
0.90.670.50.910.850.810.180.670.680.760.150.870.560.150.850.960.690.860.780.960.720.560.910.571.0
0.830.580.50.840.820.710.10.580.640.670.090.790.520.090.790.960.610.770.730.950.640.430.830.640.96
0.921.0-0.060.860.420.690.661.00.160.560.340.850.270.340.60.690.610.890.520.771.00.290.830.60.7
0.920.880.140.960.560.740.580.870.340.710.410.820.320.410.710.860.770.890.720.850.910.410.970.490.86
0.710.50.350.760.650.670.190.50.570.710.130.620.560.130.720.780.730.520.720.730.550.460.820.190.78
0.950.740.40.930.790.740.20.740.590.660.120.880.480.110.780.960.950.770.850.730.790.40.90.720.97
0.931.0-0.030.880.450.710.651.00.190.580.340.860.280.330.620.720.641.00.910.550.790.310.860.60.73
0.420.290.640.430.770.85-0.060.290.80.86-0.040.650.830.00.830.560.430.290.410.460.40.310.47-0.160.52
0.940.820.230.980.680.790.480.820.480.770.370.840.450.360.790.910.830.830.970.820.90.860.470.470.92
0.650.570.060.580.360.250.170.580.110.080.120.55-0.070.10.260.570.640.60.490.190.720.6-0.160.470.59
0.90.670.480.920.830.780.180.670.650.740.150.850.540.150.831.00.960.70.860.780.970.730.520.920.59
Click cells to compare fundamentals

Integer Holdings Account Relationship Matchups

Integer Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.4B2.6B2.8B2.9B1.5B
Short Long Term Debt Total859.4M777.6M897.8M1.0B1.0B595.0M
Other Current Liab67.1M56.2M53.9M78.8M85.8M90.1M
Total Current Liabilities179.1M156.2M159.6M223.8M221.0M117.9M
Total Stockholder Equity1.2B1.3B1.4B1.4B1.5B1.6B
Property Plant And Equipment Net288.6M299.1M347.2M400.9M489.6M514.1M
Current Deferred Revenue2.0M2.5M3.8M5.6M6.1M5.8M
Net Debt845.9M728.3M879.9M983.4M1.0B551.2M
Retained Earnings440.3M517.5M614.3M680.7M771.4M809.9M
Accounts Payable65.0M51.6M76.9M110.8M120.3M126.3M
Cash13.5M49.2M17.9M24.3M23.7M31.9M
Non Current Assets Total1.9B2.0B2.1B2.2B2.3B2.4B
Non Currrent Assets Other7.0M11.5M22.0M13.0M22.4M23.5M
Cash And Short Term Investments13.5M49.2M17.9M24.3M23.7M37.0M
Net Receivables216.8M198.5M251.8M298.3M326.1M342.5M
Common Stock Shares Outstanding33.0M33.1M33.3M33.4M33.8M28.2M
Liabilities And Stockholders Equity2.4B2.4B2.6B2.8B2.9B1.5B
Non Current Liabilities Total1.0B944.6M1.1B1.2B1.2B684.7M
Inventory167.3M149.3M155.7M208.8M239.7M128.9M
Other Current Assets17.9M15.9M27.6M27.0M28.1M15.8M
Other Stockholder Equity692.2M700.8M713.2M731.4M727.4M447.3M
Total Liab1.2B1.1B1.2B1.4B1.4B802.7M
Property Plant And Equipment Gross288.6M299.1M347.2M400.9M980.1M1.0B
Total Current Assets415.4M412.9M453.0M558.3M617.7M332.9M
Short Term Debt45.0M45.9M25.1M28.6M8.7M8.3M
Other Assets11.5M88.3M49.6M17.4M1.00.95
Long Term Debt777.3M693.8M812.9M907.1M959.9M584.9M
Good Will839.6M859.4M924.7M982.2M1.0B541.2M
Accumulated Other Comprehensive Income20.0M52.7M27.2M5.3M20.2M21.2M
Intangible Assets775.8M757.2M807.8M819.9M783.1M436.3M
Property Plant Equipment246.2M254.0M347.2M317.2M364.8M199.8M
Other Liab204.3M213.0M195.2M172.8M198.7M102.1M
Net Tangible Assets(462.9M)(345.6M)(377.8M)1.4B1.6B1.7B
Retained Earnings Total Equity440.3M517.5M614.3M680.7M782.8M821.9M
Long Term Debt Total888.0M777.3M693.8M812.9M934.8M897.0M
Capital Surpluse701.0M700.8M713.2M731.4M841.1M623.7M
Deferred Long Term Liab203.9M188.0M182.3M171.5M197.2M158.4M

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When determining whether Integer Holdings Corp is a strong investment it is important to analyze Integer Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Integer Holdings' future performance. For an informed investment choice regarding Integer Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integer Holdings Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Integer Holdings Corp information on this page should be used as a complementary analysis to other Integer Holdings' 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is Integer Holdings' 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 Integer Holdings. If investors know Integer 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 Integer Holdings 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
0.513
Earnings Share
2.89
Revenue Per Share
48.92
Quarterly Revenue Growth
0.095
Return On Assets
0.0408
The market value of Integer Holdings Corp is measured differently than its book value, which is the value of Integer that is recorded on the company's balance sheet. Investors also form their own opinion of Integer Holdings' value that differs from its market value or its book value, called intrinsic value, which is Integer Holdings' 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 Integer Holdings' market value can be influenced by many factors that don't directly affect Integer Holdings' 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 Integer Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Integer Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integer Holdings' 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.