Ingevity Corp Financials

NGVT Stock  USD 47.73  0.22  0.46%   
Based on the analysis of Ingevity Corp's profitability, liquidity, and operating efficiency, Ingevity Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Ingevity Corp's Cash is comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 102.2 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 884.8 M in 2024. Key indicators impacting Ingevity Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.322.195
Way Down
Slightly volatile
Operating Income264.2 M288.2 M
Significantly Down
Slightly volatile
Current Ratio2.571.8148
Significantly Up
Pretty Stable
The essential information of the day-to-day investment outlook for Ingevity Corp includes many different criteria found on its balance sheet. An individual investor should monitor Ingevity Corp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ingevity Corp.

Net Income

(5.13 Million)

  
Understanding current and past Ingevity Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ingevity Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Ingevity Corp's assets may result in an increase in income on the income statement.

Ingevity Corp Earnings Geography

Please note, the imprecision that can be found in Ingevity Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ingevity Corp. Check Ingevity Corp's Beneish M Score to see the likelihood of Ingevity Corp's management manipulating its earnings.

Ingevity Corp Stock Summary

Ingevity Corp competes with H B, Minerals Technologies, Quaker Chemical, Oil Dri, and Sensient Technologies. Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. Ingevity Corporation was founded in 1964 and is headquartered in North Charleston, South Carolina. Ingevity Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 1850 people.
Specialization
Basic Materials, Specialty Chemicals
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS45688C1071
CUSIP45688C107
LocationSouth Carolina; U.S.A
Business Address4920 OHear Avenue,
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.ingevity.com
Phone843 740 2300
CurrencyUSD - US Dollar

Ingevity Corp Key Financial Ratios

Ingevity Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.3B2.5B2.7B2.6B1.7B
Other Current Liab83.1M72.6M91.4M85.9M73.5M65.0M
Net Debt1.2B1.0B974.6M1.4B1.4B767.9M
Accounts Payable99.1M104.2M125.8M174.8M158.4M115.1M
Cash56.5M257.7M275.4M76.7M95.9M102.2M
Net Receivables150M148M161.7M249.3M211M155.8M
Good Will439M445.3M442M518.5M527.5M553.9M
Inventory212.5M189M241.2M335M308.8M217.3M
Other Current Assets34.9M6.5M6.1M22.3M42.3M44.4M
Total Liab1.6B1.7B1.8B2.0B2.0B1.2B
Total Current Assets463.2M628.7M724.9M679M658.6M504.0M
Intangible Assets396.2M373.3M337.6M404.8M385.3M211.4M
Other Liab126.4M196.4M276.3M221.4M254.6M133.8M
Net Tangible Assets(324.5M)(176.5M)(105.8M)(280M)(252M)(239.4M)
Other Assets100.9M146M291.4M268.3M232.9M145.9M
Long Term Debt1.2B1.3B1.3B1.5B1.4B927.7M
Short Long Term Debt22.5M26M19.6M900K84.4M88.6M
Short Term Debt39.6M42.2M37M33.9M121.8M127.9M
Retained Earnings497.2M678M796.1M1.0B1.0B546.3M
Long Term Debt Total741.2M1.2B1.3B1.3B1.4B863.1M
Capital Surpluse98.3M112.8M121.3M136.3M156.7M114.5M

Ingevity Corp Key Income Statement Accounts

The reason investors look at the income statement is to determine what Ingevity Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense46.9M42.2M47.7M54.3M93.3M98.0M
Total Revenue1.3B1.2B1.4B1.7B1.7B1.3B
Gross Profit482M465.5M512.8M570.1M471.9M432.5M
Operating Income327.9M297.6M227.3M342.7M288.2M264.2M
Ebit327.9M279.6M210M331.4M101.8M96.7M
Research Development19.7M22.6M26.3M30.3M31.8M19.7M
Ebitda412.9M397.8M337.2M456.3M224.6M309.9M
Cost Of Revenue810.9M750.6M878.7M1.1B1.2B869.4M
Income Before Tax227.9M235.1M162.8M269.6M(10.1M)(9.6M)
Net Income183.7M181.4M118.1M211.6M(5.4M)(5.1M)
Income Tax Expense44.2M48.9M44.7M58M(4.7M)(4.5M)
Tax Provision44.2M48.9M44.7M58M(4.7M)(4.5M)
Net Interest Income(46.9M)(42.2M)(47.7M)(54.3M)(87M)(82.7M)
Interest Income7.7M4.9M4.4M7.5M6.3M5.2M

Ingevity Corp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory500K26.2M(55.8M)(63.7M)(75.6M)(71.8M)
Change In Cash(13.2M)193.8M17.6M(198.7M)27.6M29.0M
Free Cash Flow160.9M246.5M189.2M170.6M95.3M127.1M
Depreciation85M100.2M109.9M108.8M122.8M73.0M
Other Non Cash Items13.1M32.7M35.7M48.4M215.1M225.9M
Capital Expenditures114.8M105.9M103.8M142.5M109.8M99.6M
Net Income183.7M186.2M118.1M211.6M(5.4M)(5.1M)
End Period Cash Flow64.6M258.4M276M77.3M111.9M97.6M
Investments(658.3M)(110.6M)(35.3M)(553.9M)(465.5M)(442.2M)
Net Borrowings381.4M18.7M(26M)199M228.9M151.5M
Change To Netincome40.1M42.2M43.4M59.5M68.4M36.7M
Dividends Paid15.3M4.1M3.6M4.7M3.7M3.5M
Change Receivables(3M)(15.3M)2.8M(13.8M)(12.4M)(11.8M)

Ingevity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ingevity Corp's current stock value. Our valuation model uses many indicators to compare Ingevity Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ingevity Corp competition to find correlations between indicators driving Ingevity Corp's intrinsic value. More Info.
Ingevity Corp is rated below average in return on equity category among its peers. It is regarded third in return on asset category among its peers . At this time, Ingevity Corp's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ingevity Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ingevity Corp Systematic Risk

Ingevity Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ingevity Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Ingevity Corp correlated with the market. If Beta is less than 0 Ingevity Corp generally moves in the opposite direction as compared to the market. If Ingevity Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ingevity Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ingevity Corp is generally in the same direction as the market. If Beta > 1 Ingevity Corp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ingevity Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ingevity Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ingevity Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.26

At this time, Ingevity Corp's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Ingevity Corp November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ingevity Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ingevity Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ingevity Corp based on widely used predictive technical indicators. In general, we focus on analyzing Ingevity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ingevity Corp's daily price indicators and compare them against related drivers.

Additional Tools for Ingevity Stock Analysis

When running Ingevity Corp's price analysis, check to measure Ingevity Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ingevity Corp is operating at the current time. Most of Ingevity Corp's value examination focuses on studying past and present price action to predict the probability of Ingevity Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingevity Corp's price. Additionally, you may evaluate how the addition of Ingevity Corp to your portfolios can decrease your overall portfolio volatility.