Ingersoll Asset Turnover Trend from 2010 to 2022

IR -  USA Stock  

USD 43.33  2.37  5.79%

Ingersoll Rand Asset Turnover yearly trend continues to be relatively stable with very little volatility. Asset Turnover is likely to grow to 0.35 this year. During the period from 2010 to 2022, Ingersoll Rand Asset Turnover destribution of quarterly values had range of  0.33 from its regression line and mean deviation of  0.05. Ingersoll Rand Consolidated Income is relatively stable at the moment as compared to the past year. Ingersoll Rand reported last year Consolidated Income of 565 Million. As of 06/24/2022, Earning Before Interest and Taxes EBIT is likely to grow to about 678 M, while Gross Profit is likely to drop slightly above 1.7 B.
  
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Check Ingersoll Rand financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ingersoll main balance sheet or income statement drivers, such as Consolidated Income of 609.6 M, Cost of Revenue of 2.7 B or Earning Before Interest and Taxes EBIT of 678 M, as well as many exotic indicators such as Asset Turnover of 0.35, Book Value per Share of 18.42 or Current Ratio of 2.97. Ingersoll financial statements analysis is a perfect complement when working with Ingersoll Rand Valuation or Volatility modules. It can also supplement various Ingersoll Rand Technical models. Please see the analysis of Ingersoll Rand Correlation against competitors.

Ingersoll Asset Turnover Breakdown

Showing smoothed Asset Turnover of Ingersoll Rand with missing and latest data points interpolated. Asset turnover is a measure of a firms operating efficiency; calculated by dividing Revenues by Average Assets. Often a component of DuPont ROE analysis.Ingersoll Rand's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ingersoll Rand's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Decreasing
Slightly volatile
 Asset Turnover 
Share
      Timeline 

Ingersoll Asset Turnover Regression Statistics

Arithmetic Mean 0.43
Geometric Mean 0.42
Coefficient Of Variation 19.21
Mean Deviation 0.05
Median 0.44
Standard Deviation 0.08
Sample Variance 0.006828
Range 0.33
R-Value(0.38)
Mean Square Error 0.006382
R-Squared 0.14
Significance 0.20
Slope(0.008032)
Total Sum of Squares 0.08

Ingersoll Asset Turnover History

2017 0.53
2018 0.59
2020 0.25
2021 0.33
2022 0.35

About Ingersoll Rand Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ingersoll Rand income statement, its balance sheet, and the statement of cash flows. Ingersoll Rand investors use historical funamental indicators, such as Ingersoll Rand's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Ingersoll Rand investors may use each financial statement separately, they are all related. The changes in Ingersoll Rand's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ingersoll Rand's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ingersoll Rand Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ingersoll Rand. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Asset Turnover 0.33  0.35 
Average Assets15.5 B12.9 B
Tangible Asset Value5.3 B4.5 B
Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies in the United States, Europe, the Middle East, Africa, and the Asia Pacific. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina. Ingersoll Rand operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 16000 people.

Ingersoll Rand Investors Sentiment

The influence of Ingersoll Rand's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ingersoll. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ingersoll Rand in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ingersoll Rand's short interest history, or implied volatility extrapolated from Ingersoll Rand options trading.

Current Sentiment - IR

Ingersoll Rand Investor Sentiment

Larger part of Macroaxis users are currently bullish on Ingersoll Rand. What is your judgment towards investing in Ingersoll Rand? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please see the analysis of Ingersoll Rand Correlation against competitors. Note that the Ingersoll Rand information on this page should be used as a complementary analysis to other Ingersoll Rand'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Ingersoll Rand'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 Ingersoll Rand. If investors know Ingersoll 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 Ingersoll Rand 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 YOY
1.03
Market Capitalization
16.6 B
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0276
Return On Equity
0.0596
The market value of Ingersoll Rand is measured differently than its book value, which is the value of Ingersoll that is recorded on the company's balance sheet. Investors also form their own opinion of Ingersoll Rand's value that differs from its market value or its book value, called intrinsic value, which is Ingersoll Rand'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 Ingersoll Rand's market value can be influenced by many factors that don't directly affect Ingersoll Rand'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 Ingersoll Rand's value and its price as these two are different measures arrived at by different means. Investors typically determine Ingersoll Rand value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingersoll Rand'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.