Ingersoll Operating Income vs Operating Expenses Analysis

IR
 Stock
  

USD 49.55  0.45  0.90%   

Ingersoll Rand financial indicator trend analysis is infinitely more than just investigating Ingersoll Rand recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingersoll Rand is a good investment. Please check the relationship between Ingersoll Rand Operating Income and its Operating Expenses accounts. Please see Risk vs Return Analysis.

Operating Income vs Operating Expenses

Operating Income vs Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingersoll Rand Operating Income account and Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ingersoll Rand's Operating Income and Operating Expenses is 0.29. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Operating Expenses in the same time period over historical financial statements of Ingersoll Rand, assuming nothing else is changed. The correlation between historical values of Ingersoll Rand's Operating Income and 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 Operating Income of Ingersoll Rand are associated (or correlated) with its Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Expenses has no effect on the direction of Operating Income i.e., Ingersoll Rand's Operating Income and Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Ingersoll Rand operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ingersoll Rand is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.

Operating Expenses

Operating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].
Most indicators from Ingersoll Rand fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingersoll Rand 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. Please see Risk vs Return Analysis.Ingersoll Rand Enterprise Value over EBIT is relatively stable at the moment as compared to the past year. Ingersoll Rand reported last year Enterprise Value over EBIT of 42.00. As of 08/10/2022, Enterprise Value over EBITDA is likely to grow to 29.58, while Net Loss Income from Discontinued Operations is likely to drop (44.9 M).
 2019 2020 2021 2022 (projected)
Interest Expense88.4 M111.1 M87.7 M100.11 M
Gross Profit778.3 M1.4 B1.99 B1.66 B

Ingersoll Rand fundamental ratios Correlations

0.980.910.990.970.990.90.670.690.670.940.970.910.870.980.730.90.950.940.710.5
0.980.950.980.980.970.920.590.640.590.960.960.940.810.990.650.950.970.980.690.39
0.910.950.930.960.920.970.490.520.490.990.930.950.730.970.550.980.950.980.740.31
0.990.980.930.991.00.950.730.750.730.971.00.950.910.990.780.910.990.960.80.57
0.970.980.960.990.980.970.650.690.650.980.990.970.851.00.70.950.990.990.80.48
0.990.970.921.00.980.940.750.770.750.960.990.940.920.980.80.890.980.950.790.59
0.90.920.970.950.970.940.630.680.630.990.960.980.820.960.680.940.970.960.870.49
0.670.590.490.730.650.750.630.971.00.610.740.590.950.631.00.410.710.570.740.94
0.690.640.520.750.690.770.680.970.970.640.770.640.940.660.970.470.750.630.770.89
0.670.590.490.730.650.750.631.00.970.610.740.590.950.631.00.410.70.570.740.94
0.940.960.990.970.980.960.990.610.640.610.970.970.820.980.660.960.980.980.820.44
0.970.960.931.00.990.990.960.740.770.740.970.960.910.980.790.910.990.960.840.6
0.910.940.950.950.970.940.980.590.640.590.970.960.80.960.640.960.980.980.870.47
0.870.810.730.910.850.920.820.950.940.950.820.910.80.840.970.670.890.790.810.84
0.980.990.970.991.00.980.960.630.660.630.980.980.960.840.690.960.980.990.760.45
0.730.650.550.780.70.80.681.00.971.00.660.790.640.970.690.480.750.620.760.93
0.90.950.980.910.950.890.940.410.470.410.960.910.960.670.960.480.930.980.70.25
0.950.970.950.990.990.980.970.710.750.70.980.990.980.890.980.750.930.980.840.55
0.940.980.980.960.990.950.960.570.630.570.980.960.980.790.990.620.980.980.770.39
0.710.690.740.80.80.790.870.740.770.740.820.840.870.810.760.760.70.840.770.74
0.50.390.310.570.480.590.490.940.890.940.440.60.470.840.450.930.250.550.390.74
Click cells to compare fundamentals

Ingersoll Rand Account Relationship Matchups

Ingersoll Rand fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories494.5 M523.9 M502.5 M943.6 M854.2 M704.47 M
Receivables536.3 M525.4 M459.1 M966.6 M948.6 M756.76 M
Accounts Payable269.7 M340 M322.9 M671.1 M670.5 M723.43 M
Accumulated Other Comprehensive Income(199.8 M)(247 M)(256 M)14.2 M(41.6 M)(44.88 M)
Total Assets4.62 B4.49 B4.63 B16.06 B15.15 B12.42 B
Current Assets1.46 B1.33 B1.54 B3.86 B4.11 B3.38 B
Assets Non Current3.16 B3.16 B3.08 B12.2 B11.04 B9.04 B
Cash and Equivalents393.3 M221.2 M505.5 M1.75 B2.11 B2.28 B
Cash and Equivalents USD393.3 M221.2 M505.5 M1.75 B2.11 B2.28 B
Total Debt2.04 B1.67 B1.61 B3.9 B3.44 B3.32 B
Debt Current20.9 M7.9 M7.6 M40.4 M38.8 M34.11 M
Debt Non Current2.02 B1.66 B1.6 B3.86 B3.4 B3.29 B
Total Debt USD2.04 B1.67 B1.61 B3.9 B3.44 B3.32 B
Shareholders Equity1.48 B1.68 B1.87 B9.12 B9 B9.71 B
Shareholders Equity USD1.48 B1.68 B1.87 B9.12 B9 B9.71 B
Goodwill and Intangible Assets2.66 B2.66 B2.54 B9.38 B9.89 B7.9 B
Inventory494.5 M523.9 M502.5 M716.7 M854.2 M781.29 M
Total Liabilities3.14 B2.81 B2.76 B6.87 B6.08 B5.66 B
Current Liabilities561.8 M596.4 M574.6 M1.5 B1.47 B1.24 B
Liabilities Non Current2.58 B2.21 B2.18 B5.37 B4.62 B4.43 B
Trade and Non Trade Payables269.7 M340 M322.9 M536.4 M670.5 M560.59 M
Property Plant and Equipment Net363.2 M356.6 M326.6 M609 M648.6 M589.75 M
Trade and Non Trade Receivables536.3 M525.4 M459.1 M861.8 M948.6 M844.65 M
Accumulated Retained Earnings Deficit(577.8 M)(308.7 M)(141.4 M)(175.7 M)378.6 M408.49 M
Tax Assets1,000 K1.3 M3 M15.6 M28 M30.21 M
Tax Liabilities237.5 M265.5 M251 M702.4 M708.6 M640.22 M

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Please see Risk vs Return Analysis. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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.
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.