ING Gross Profit vs Total Revenue Analysis

ING Stock

USD 15.45 0.18 1.18%

ING Group financial indicator trend analysis is infinitely more than just investigating ING Group NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ING Group NV is a good investment. Please check the relationship between ING Group Gross Profit and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ING Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ING Group NV Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have totally related.

The correlation between ING Group's Gross Profit and Total Revenue is 1.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of ING Group NV, assuming nothing else is changed. The correlation between historical values of ING Group's Gross Profit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of ING Group NV are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., ING Group's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ING Group NV minus its cost of goods sold. It is profit before ING Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Revenue

Total revenue comprises all receipts ING Group NV generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from ING Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ING Group NV 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 ING Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, ING Group's Selling General Administrative is most likely to decrease significantly in the upcoming years. The ING Group's current Enterprise Value is estimated to increase to about 160.5 B, while Tax Provision is projected to decrease to roughly 2.1 B.

	2021	2022	2023	2024 (projected)
Interest Expense	7.5B	14.7B	36.3B	33.0B
Depreciation And Amortization	834M	711M	674M	685.2M

Interest Expense Depreciation And Amortization

ING Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Retained Earnings	Common Stock	Other Liab	Long Term Debt	Property Plant Equipment	Short Term Investments	Other Stockholder Equity
Total Assets		0.44	0.3	0.31	0.6	0.28	0.08	-0.06	0.23	0.14	-0.4	0.35	0.27	0.29	0.76	0.41	0.54	0.09	0.44	0.77	-0.12	0.52	0.58	0.65	0.59	-0.33
Short Long Term Debt Total	0.44		0.45	0.29	0.31	0.35	0.09	-0.35	0.13	0.01	-0.02	0.18	0.38	-0.06	0.26	0.12	0.16	0.13	0.48	0.5	0.04	0.21	0.17	0.41	0.01	-0.17
Other Current Liab	0.3	0.45		0.51	0.43	0.56	-0.43	-0.3	0.46	-0.26	0.31	0.32	0.74	-0.18	0.31	-0.07	-0.34	0.26	0.03	0.23	-0.19	0.02	0.23	0.4	0.08	-0.15
Total Current Liabilities	0.31	0.29	0.51		0.22	0.52	-0.31	-0.45	0.55	0.36	0.03	-0.23	0.35	-0.34	0.07	0.65	-0.1	0.57	0.13	0.28	-0.35	-0.01	0.51	0.44	0.14	0.06
Total Stockholder Equity	0.6	0.31	0.43	0.22		-0.09	-0.38	-0.11	0.43	-0.02	0.25	0.25	0.48	-0.34	0.91	0.08	0.1	0.3	-0.13	0.65	0.33	-0.21	0.09	0.0	0.77	-0.53
Property Plant And Equipment Net	0.28	0.35	0.56	0.52	-0.09		-0.08	-0.04	0.27	0.18	-0.12	-0.05	0.36	0.11	-0.07	0.17	-0.32	0.23	0.26	0.21	-0.43	0.3	0.33	0.81	-0.22	0.24
Net Debt	0.08	0.09	-0.43	-0.31	-0.38	-0.08		0.31	-0.88	-0.12	-0.65	0.24	-0.81	0.79	-0.21	0.18	0.62	-0.7	0.67	-0.17	0.04	0.69	0.24	0.28	-0.22	-0.18
Accounts Payable	-0.06	-0.35	-0.3	-0.45	-0.11	-0.04	0.31		-0.35	-0.15	-0.39	0.15	-0.34	0.32	0.04	-0.13	-0.16	-0.33	0.13	-0.18	0.25	0.22	-0.1	0.08	-0.01	-0.21
Cash	0.23	0.13	0.46	0.55	0.43	0.27	-0.88	-0.35		0.43	0.32	-0.39	0.78	-0.71	0.27	0.21	-0.41	0.87	-0.49	0.37	-0.19	-0.51	0.03	0.01	0.32	0.11
Non Current Assets Total	0.14	0.01	-0.26	0.36	-0.02	0.18	-0.12	-0.15	0.43		-0.25	-0.88	-0.07	-0.33	-0.13	0.73	0.09	0.72	-0.25	0.24	-0.27	-0.24	0.1	0.05	0.09	0.19
Non Currrent Assets Other	-0.4	-0.02	0.31	0.03	0.25	-0.12	-0.65	-0.39	0.32	-0.25		-0.03	0.54	-0.69	0.06	-0.5	-0.59	0.3	-0.53	0.01	0.07	-0.69	-0.56	-0.48	-0.1	0.27
Other Assets	0.35	0.18	0.32	-0.23	0.25	-0.05	0.24	0.15	-0.39	-0.88	-0.03		0.1	0.53	0.45	-0.48	0.23	-0.71	0.49	0.11	0.21	0.53	0.19	0.28	0.19	-0.35
Cash And Short Term Investments	0.27	0.38	0.74	0.35	0.48	0.36	-0.81	-0.34	0.78	-0.07	0.54	0.1		-0.52	0.39	-0.21	-0.47	0.56	-0.26	0.45	-0.2	-0.29	-0.02	0.13	0.13	0.15
Net Receivables	0.29	-0.06	-0.18	-0.34	-0.34	0.11	0.79	0.32	-0.71	-0.33	-0.69	0.53	-0.52		-0.06	-0.03	0.58	-0.78	0.66	-0.11	-0.16	0.89	0.45	0.5	-0.14	-0.1
Common Stock Shares Outstanding	0.76	0.26	0.31	0.07	0.91	-0.07	-0.21	0.04	0.27	-0.13	0.06	0.45	0.39	-0.06		0.03	0.26	0.08	0.03	0.72	0.3	0.07	0.16	0.19	0.81	-0.53
Non Current Liabilities Total	0.41	0.12	-0.07	0.65	0.08	0.17	0.18	-0.13	0.21	0.73	-0.5	-0.48	-0.21	-0.03	0.03		0.4	0.46	0.22	0.25	-0.32	0.19	0.55	0.34	0.2	-0.08
Total Liab	0.54	0.16	-0.34	-0.1	0.1	-0.32	0.62	-0.16	-0.41	0.09	-0.59	0.23	-0.47	0.58	0.26	0.4		-0.37	0.51	0.26	0.0	0.58	0.5	0.17	0.31	-0.28
Total Current Assets	0.09	0.13	0.26	0.57	0.3	0.23	-0.7	-0.33	0.87	0.72	0.3	-0.71	0.56	-0.78	0.08	0.46	-0.37		-0.5	0.33	-0.29	-0.57	-0.04	-0.07	0.13	0.23
Short Term Debt	0.44	0.48	0.03	0.13	-0.13	0.26	0.67	0.13	-0.49	-0.25	-0.53	0.49	-0.26	0.66	0.03	0.22	0.51	-0.5		0.17	-0.08	0.84	0.57	0.63	-0.15	-0.09
Retained Earnings	0.77	0.5	0.23	0.28	0.65	0.21	-0.17	-0.18	0.37	0.24	0.01	0.11	0.45	-0.11	0.72	0.25	0.26	0.33	0.17		-0.05	0.18	0.33	0.38	0.46	-0.06
Common Stock	-0.12	0.04	-0.19	-0.35	0.33	-0.43	0.04	0.25	-0.19	-0.27	0.07	0.21	-0.2	-0.16	0.3	-0.32	0.0	-0.29	-0.08	-0.05		-0.28	-0.45	-0.37	0.51	-0.72
Other Liab	0.52	0.21	0.02	-0.01	-0.21	0.3	0.69	0.22	-0.51	-0.24	-0.69	0.53	-0.29	0.89	0.07	0.19	0.58	-0.57	0.84	0.18	-0.28		0.67	0.73	-0.11	-0.05
Long Term Debt	0.58	0.17	0.23	0.51	0.09	0.33	0.24	-0.1	0.03	0.1	-0.56	0.19	-0.02	0.45	0.16	0.55	0.5	-0.04	0.57	0.33	-0.45	0.67		0.57	0.08	0.04
Property Plant Equipment	0.65	0.41	0.4	0.44	0.0	0.81	0.28	0.08	0.01	0.05	-0.48	0.28	0.13	0.5	0.19	0.34	0.17	-0.07	0.63	0.38	-0.37	0.73	0.57		0.02	-0.02
Short Term Investments	0.59	0.01	0.08	0.14	0.77	-0.22	-0.22	-0.01	0.32	0.09	-0.1	0.19	0.13	-0.14	0.81	0.2	0.31	0.13	-0.15	0.46	0.51	-0.11	0.08	0.02		-0.72
Other Stockholder Equity	-0.33	-0.17	-0.15	0.06	-0.53	0.24	-0.18	-0.21	0.11	0.19	0.27	-0.35	0.15	-0.1	-0.53	-0.08	-0.28	0.23	-0.09	-0.06	-0.72	-0.05	0.04	-0.02	-0.72

Click cells to compare fundamentals

ING Group Account Relationship Matchups

ING Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	891.7B	937.4B	951.3B	967.8B	975.6B	1.0T
Short Long Term Debt Total	202.6B	137.5B	159.6B	194.7B	150B	169.9B
Other Current Liab	353.6B	372.1B	344.9B	361.1B	(1.0B)	(985.2M)
Total Current Liabilities	476.2B	416.6B	401.1B	640.8B	597.6B	627.5B
Total Stockholder Equity	53.8B	47.7B	53.9B	49.9B	51.2B	42.7B
Property Plant And Equipment Net	1.7B	3.2B	2.8B	2.5B	2.4B	2.7B
Net Debt	81.9B	(33.3B)	8.0B	32.2B	60.1B	82.4B
Accounts Payable	4.7B	4.9B	5.1B	(444.1B)	(68.5B)	(65.1B)
Cash	53.2B	112.2B	108.0B	87.3B	89.9B	94.4B
Non Current Assets Total	179.7B	108.7B	113.1B	194.1B	1.2T	1.2T
Non Currrent Assets Other	(730M)	(773M)	(957M)	85.7B	(214.6B)	(225.3B)
Other Assets	625.0B	680.4B	699.1B	653.9B	(407.1B)	(386.8B)
Cash And Short Term Investments	86.0B	147.1B	137.8B	118.6B	49.7B	55.7B
Net Receivables	1.1B	1.2B	1.4B	1.3B	834M	792.3M
Common Stock Shares Outstanding	3.9B	3.9B	3.9B	3.6B	3.6B	3.3B
Liabilities And Stockholders Equity	891.7B	937.4B	951.3B	967.8B	975.6B	1.0T
Non Current Liabilities Total	135.8B	79.6B	116.6B	279.0B	975.0B	1.0T
Total Liab	135.8B	79.6B	116.6B	917.4B	923.4B	638.7B
Total Current Assets	87.0B	148.3B	139.2B	119.9B	201.0B	211.0B
Short Term Debt	117.8B	39.6B	51.1B	83.0B	68.5B	73.3B
Retained Earnings	35.9B	28.3B	37.3B	34.9B	36.9B	32.3B
Accumulated Other Comprehensive Income	811M	2.3B	1.1B	(985M)	(2.8B)	(2.6B)
Common Stock	17.1B	17.1B	525M	37M	35M	36.8M
Other Liab	12.5B	11.2B	14.7B	15.5B	13.9B	13.2B
Long Term Debt	83.3B	97.9B	108.5B	111.7B	148.8B	85.9B
Property Plant Equipment	3.2B	2.8B	2.5B	2.4B	2.2B	3.1B
Short Term Investments	32.8B	34.8B	29.8B	31.0B	40.2B	42.2B
Other Stockholder Equity	(10M)	16.5B	15.5B	15.9B	17.1B	8.9B
Property Plant And Equipment Gross	3.2B	2.8B	6.6B	6.5B	6.2B	4.2B
Good Will	907M	533M	472M	464M	469M	445.6M
Other Current Assets	142.6B	163.7B	159.3B	145.8B	150.4B	142.9B
Treasury Stock	(11M)	(10M)	(4M)	(1.6B)	(1.9B)	(1.9B)
Intangible Assets	1.0B	860M	684M	637M	729M	1.3B
Current Deferred Revenue	9M	15M	19M	640.8B	14M	13.3M
Inventory	(142.6B)	(163.7B)	(159.3B)	(145.8B)	89.4B	93.8B
Long Term Investments	176.3B	142.8B	180.1B	190.5B	211.0B	194.3B

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

When determining whether ING Group NV is a strong investment it is important to analyze ING Group's 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 ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:

How To Invest In ING

Details

Is ING Stock a good investment?

Details

What is ING Group's Net Worth?

Details

Largest Diversified Banks Companies

View

Largest Banks - Diversified Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ING Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Is Diversified Banks space 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 ING Group. If investors know ING 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 ING Group 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

0.054

Dividend Share

1.106

Earnings Share

2.18

Revenue Per Share

5.223

Quarterly Revenue Growth

(0.01)

The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group'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 ING Group's market value can be influenced by many factors that don't directly affect ING Group'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 ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ING Gross Profit vs Total Revenue Analysis

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

Correlation Coefficient

Gross Profit

Total Revenue

ING Group fundamental ratios Correlations

ING Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ING Group fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 0.91	Total Stockholder Equity
Other Liab	+ 0.89	Net Receivables
Total Current Assets	+ 0.87	Cash
Other Liab	+ 0.84	Short Term Debt
Property Plant Equipment	+ 0.81	Property Plant And Equipment Net
Short Term Investments	+ 0.81	Common Stock Shares Outstanding

Other Assets	- 0.88	Non Current Assets Total
Cash	- 0.88	Net Debt
Cash And Short Term Investments	- 0.81	Net Debt
Total Current Assets	- 0.78	Net Receivables
Other Stockholder Equity	- 0.72	Short Term Investments
Other Stockholder Equity	- 0.72	Common Stock