Industrial Retained Earnings vs Preferred Stock Total Equity Analysis

601166 Stock   18.42  0.03  0.16%   
Industrial Bank financial indicator trend analysis is infinitely more than just investigating Industrial Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Bank is a good investment. Please check the relationship between Industrial Bank Retained Earnings and its Preferred Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Industrial Bank Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Preferred Stock Total Equity

Retained Earnings vs Preferred Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrial Bank Retained Earnings account and Preferred Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Industrial Bank's Retained Earnings and Preferred Stock Total Equity is 0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Preferred Stock Total Equity in the same time period over historical financial statements of Industrial Bank Co, assuming nothing else is changed. The correlation between historical values of Industrial Bank's Retained Earnings and Preferred Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Industrial Bank Co are associated (or correlated) with its Preferred Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Preferred Stock Total Equity has no effect on the direction of Retained Earnings i.e., Industrial Bank's Retained Earnings and Preferred Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Preferred Stock Total Equity

Most indicators from Industrial Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Bank 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Industrial Bank Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 30 B. The current year's Tax Provision is expected to grow to about 9.9 B
 2023 2024 (projected)
Operating Income85.4B64.3B
Total Revenue210.8B126.0B

Industrial Bank fundamental ratios Correlations

0.99-0.040.980.390.95-0.481.00.50.70.980.940.870.840.840.840.840.81-0.07-0.42-0.590.75-0.910.310.830.77
0.99-0.070.980.430.98-0.510.980.470.620.990.920.850.80.890.90.90.87-0.02-0.44-0.660.81-0.940.410.90.84
-0.04-0.07-0.1-0.08-0.250.56-0.040.480.17-0.09-0.24-0.32-0.39-0.08-0.14-0.17-0.120.160.05-0.02-0.030.230.11-0.16-0.11
0.980.98-0.10.510.97-0.550.970.440.670.970.950.860.840.830.870.890.84-0.06-0.39-0.590.75-0.940.350.880.8
0.390.43-0.080.510.45-0.260.390.260.280.460.370.280.330.490.490.530.5-0.26-0.29-0.320.45-0.390.280.510.44
0.950.98-0.250.970.45-0.670.950.30.540.970.950.90.870.870.890.90.87-0.05-0.42-0.630.79-0.960.370.90.82
-0.48-0.510.56-0.55-0.26-0.67-0.480.39-0.17-0.53-0.68-0.71-0.78-0.41-0.49-0.52-0.450.240.210.16-0.30.640.06-0.5-0.42
1.00.98-0.040.970.390.95-0.480.50.70.980.940.870.840.830.840.840.81-0.07-0.41-0.580.74-0.90.30.830.77
0.50.470.480.440.260.30.390.50.680.450.270.220.150.430.490.480.520.04-0.27-0.420.44-0.270.450.480.44
0.70.620.170.670.280.54-0.170.70.680.590.670.630.680.320.520.550.49-0.17-0.16-0.130.23-0.530.060.530.37
0.980.99-0.090.970.460.97-0.530.980.450.590.920.870.810.910.890.880.87-0.07-0.44-0.670.81-0.920.380.870.81
0.940.92-0.240.950.370.95-0.680.940.270.670.920.920.930.710.780.810.73-0.18-0.31-0.40.58-0.950.090.780.67
0.870.85-0.320.860.280.9-0.710.870.220.630.870.920.960.690.790.780.76-0.11-0.35-0.440.57-0.850.150.760.57
0.840.8-0.390.840.330.87-0.780.840.150.680.810.930.960.570.70.720.66-0.23-0.29-0.30.45-0.810.040.70.55
0.840.89-0.080.830.490.87-0.410.830.430.320.910.710.690.570.90.870.910.03-0.57-0.820.95-0.80.610.870.87
0.840.9-0.140.870.490.89-0.490.840.490.520.890.780.790.70.90.991.00.05-0.51-0.740.87-0.860.590.990.87
0.840.9-0.170.890.530.9-0.520.840.480.550.880.810.780.720.870.990.980.02-0.44-0.680.82-0.890.570.990.87
0.810.87-0.120.840.50.87-0.450.810.520.490.870.730.760.660.911.00.980.05-0.53-0.770.88-0.820.640.980.86
-0.07-0.020.16-0.06-0.26-0.050.24-0.070.04-0.17-0.07-0.18-0.11-0.230.030.050.020.050.25-0.20.230.00.360.030.07
-0.42-0.440.05-0.39-0.29-0.420.21-0.41-0.27-0.16-0.44-0.31-0.35-0.29-0.57-0.51-0.44-0.530.250.43-0.560.32-0.41-0.46-0.43
-0.59-0.66-0.02-0.59-0.32-0.630.16-0.58-0.42-0.13-0.67-0.4-0.44-0.3-0.82-0.74-0.68-0.77-0.20.43-0.90.51-0.81-0.73-0.75
0.750.81-0.030.750.450.79-0.30.740.440.230.810.580.570.450.950.870.820.880.23-0.56-0.9-0.690.720.830.89
-0.91-0.940.23-0.94-0.39-0.960.64-0.9-0.27-0.53-0.92-0.95-0.85-0.81-0.8-0.86-0.89-0.820.00.320.51-0.69-0.26-0.87-0.75
0.310.410.110.350.280.370.060.30.450.060.380.090.150.040.610.590.570.640.36-0.41-0.810.72-0.260.620.62
0.830.9-0.160.880.510.9-0.50.830.480.530.870.780.760.70.870.990.990.980.03-0.46-0.730.83-0.870.620.87
0.770.84-0.110.80.440.82-0.420.770.440.370.810.670.570.550.870.870.870.860.07-0.43-0.750.89-0.750.620.87
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Industrial Bank Account Relationship Matchups

Industrial Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.1T7.9T8.6T9.3T10.2T10.7T
Total Stockholder Equity541.4B615.6B684.1B746.2B796.2B836.0B
Other Liab37.4B38.2B38.2B45.2B52.0B57.0B
Retained Earnings386.6B434.8B496.6B442.6B479.7B503.7B
Cash805.6B703.2B6.9T888.7B973.3B631.1B
Other Assets3.0T3.7T4.2T4.7T5.4T5.7T
Total Liab6.6T7.3T7.9T8.5T9.4T9.8T
Intangible Assets647M712M883M986M1.1B611.6M
Property Plant Equipment25.5B28.1B28.3B38.4B44.2B46.4B
Other Current Liab10.6B21.2B29.4B60.2B69.2B72.7B
Total Current Liabilities5.0T5.3T6.0T6.3T7.3T5.7T
Net Tangible Assets438.9B484.3B558.5B626.9B720.9B488.5B
Accounts Payable4.6T5.0T5.5T6.0T6.9T5.4T
Net Receivables16.5B14.2B18.1B14.6B16.8B16.8B
Inventory981M539M447M413M371.7M440.3M
Other Current Assets433.2B406.3B372.4B363.2B326.9B334.1B
Other Stockholder Equity2.4B3.2B29.2B36.0B41.4B43.4B
Deferred Long Term Liab1.4B1.4B1.4B1.4B1.2B1.2B
Long Term Investments2.7T3.0T3.0T3.2T3.4T2.7T
Total Current Assets1.3T1.5T1.7T1.8T2.0T1.5T
Net Debt285.8B424.3B428.2B546.6B405.7B415.5B
Net Invested Capital1.6T1.7T1.9T2.1T2.1T1.9T

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Other Information on Investing in Industrial Stock

Balance Sheet is a snapshot of the financial position of Industrial Bank at a specified time, usually calculated after every quarter, six months, or one year. Industrial Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Industrial Bank and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Industrial currently owns. An asset can also be divided into two categories, current and non-current.