IROQ Historical Balance Sheet

IROQ Stock  USD 21.79  0.19  0.88%   
Trend analysis of IF Bancorp balance sheet accounts such as Total Stockholder Equity of 79.6 M or Other Liab of 6.8 M provides information on IF Bancorp's total assets, liabilities, and equity, which is the actual value of IF Bancorp to its prevalent stockholders. By breaking down trends over time using IF Bancorp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining IF Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether IF Bancorp is a good buy for the upcoming year.

IF Bancorp Inventory

(16.85 Million)

  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.

About IROQ Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of IF Bancorp at a specified time, usually calculated after every quarter, six months, or one year. IF Bancorp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IF Bancorp 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 IROQ currently owns. An asset can also be divided into two categories, current and non-current.

IF Bancorp Balance Sheet Chart

At this time, IF Bancorp's Net Tangible Assets are relatively stable compared to the past year. As of 11/30/2024, Common Stock Total Equity is likely to grow to about 31.8 K, while Other Current Liabilities is likely to drop (3.2 M).

Total Assets

Total assets refers to the total amount of IF Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in IF Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accumulated Amortization

The cumulative amount of amortization expense charged against intangible assets, like patents and copyrights, over time.
Most accounts from IF Bancorp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into IF Bancorp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 IF Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.At this time, IF Bancorp's Net Tangible Assets are relatively stable compared to the past year. As of 11/30/2024, Common Stock Total Equity is likely to grow to about 31.8 K, while Other Current Liabilities is likely to drop (3.2 M).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total15M19.5M58.2M35.9M
Total Assets857.6M849.0M887.7M695.6M

IF Bancorp balance sheet Correlations

-0.470.3-0.330.290.90.87-0.520.490.510.510.40.31-0.3-0.010.170.71-0.910.70.31-0.49-0.481.00.83-0.30.94
-0.47-0.38-0.030.4-0.5-0.550.870.13-0.24-0.66-0.030.150.190.34-0.11-0.230.56-0.180.070.510.32-0.51-0.530.24-0.47
0.3-0.38-0.04-0.240.310.41-0.350.150.220.290.140.07-0.03-0.590.020.32-0.120.250.02-0.17-0.430.320.43-0.320.39
-0.33-0.03-0.040.03-0.25-0.2-0.25-0.54-0.90.24-0.98-0.950.73-0.260.52-0.650.4-0.11-1.0-0.020.48-0.34-0.610.59-0.33
0.290.4-0.240.030.170.150.190.23-0.090.060.010.150.050.150.35-0.08-0.260.360.02-0.21-0.030.2-0.030.140.12
0.9-0.50.31-0.250.170.73-0.620.310.360.640.340.2-0.27-0.190.280.55-0.830.620.23-0.52-0.440.90.7-0.230.82
0.87-0.550.41-0.20.150.73-0.560.260.450.490.250.12-0.360.020.110.61-0.820.50.18-0.62-0.460.870.76-0.340.83
-0.520.87-0.35-0.250.19-0.62-0.560.230.05-0.930.180.33-0.010.41-0.49-0.110.51-0.310.290.620.18-0.55-0.36-0.04-0.48
0.490.130.15-0.540.230.310.260.230.55-0.220.550.53-0.050.06-0.340.62-0.310.360.520.27-0.120.480.63-0.220.63
0.51-0.240.22-0.9-0.090.360.450.050.55-0.160.920.82-0.790.11-0.580.8-0.560.20.89-0.18-0.690.530.8-0.80.51
0.51-0.660.290.240.060.640.49-0.93-0.22-0.16-0.17-0.270.07-0.420.680.0-0.470.37-0.27-0.63-0.120.520.250.190.41
0.4-0.030.14-0.980.010.340.250.180.550.92-0.170.95-0.730.14-0.480.66-0.460.170.99-0.04-0.560.410.67-0.630.38
0.310.150.07-0.950.150.20.120.330.530.82-0.270.95-0.650.24-0.360.56-0.360.280.950.04-0.520.30.53-0.540.28
-0.30.19-0.030.730.05-0.27-0.36-0.01-0.05-0.790.07-0.73-0.65-0.150.44-0.550.440.0-0.740.540.77-0.31-0.430.83-0.17
-0.010.34-0.59-0.260.15-0.190.020.410.060.11-0.420.140.24-0.15-0.180.06-0.14-0.060.260.210.3-0.03-0.050.15-0.02
0.17-0.110.020.520.350.280.11-0.49-0.34-0.580.68-0.48-0.360.44-0.18-0.43-0.140.54-0.52-0.280.180.15-0.220.610.08
0.71-0.230.32-0.65-0.080.550.61-0.110.620.80.00.660.56-0.550.06-0.43-0.540.340.61-0.22-0.60.730.77-0.670.74
-0.910.56-0.120.4-0.26-0.83-0.820.51-0.31-0.56-0.47-0.46-0.360.44-0.14-0.14-0.54-0.61-0.390.540.47-0.9-0.810.32-0.8
0.7-0.180.25-0.110.360.620.5-0.310.360.20.370.170.280.0-0.060.540.34-0.610.1-0.26-0.40.690.48-0.020.67
0.310.070.02-1.00.020.230.180.290.520.89-0.270.990.95-0.740.26-0.520.61-0.390.10.01-0.490.320.59-0.590.29
-0.490.51-0.17-0.02-0.21-0.52-0.620.620.27-0.18-0.63-0.040.040.540.21-0.28-0.220.54-0.260.010.61-0.48-0.250.42-0.29
-0.480.32-0.430.48-0.03-0.44-0.460.18-0.12-0.69-0.12-0.56-0.520.770.30.18-0.60.47-0.4-0.490.61-0.49-0.520.88-0.36
1.0-0.510.32-0.340.20.90.87-0.550.480.530.520.410.3-0.31-0.030.150.73-0.90.690.32-0.48-0.490.85-0.320.96
0.83-0.530.43-0.61-0.030.70.76-0.360.630.80.250.670.53-0.43-0.05-0.220.77-0.810.480.59-0.25-0.520.85-0.50.86
-0.30.24-0.320.590.14-0.23-0.34-0.04-0.22-0.80.19-0.63-0.540.830.150.61-0.670.32-0.02-0.590.420.88-0.32-0.5-0.24
0.94-0.470.39-0.330.120.820.83-0.480.630.510.410.380.28-0.17-0.020.080.74-0.80.670.29-0.29-0.360.960.86-0.24
Click cells to compare fundamentals

IF Bancorp Account Relationship Matchups

IF Bancorp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets735.5M797.3M857.6M849.0M887.7M695.6M
Short Long Term Debt Total37.5M28M15M19.5M58.2M35.9M
Other Current Liab(3.5M)(3.2M)13.9M21.5M(3.0M)(3.2M)
Total Current Liabilities3.5M3.2M176K1.7M(51.0M)(48.5M)
Total Stockholder Equity82.6M85.3M71.7M71.8M73.9M79.6M
Other Liab7.9M10.2M9.6M7.9M9.0M6.8M
Property Plant And Equipment Net10.2M9.8M9.5M11.1M10.6M7.8M
Net Debt4.0M(34.7M)(60.8M)8.5M48.4M50.8M
Retained Earnings31.2M35.6M40.4M43.4M43.9M41.2M
Accounts Payable537K199K176K1.7M3.0M3.2M
Cash33.5M62.7M75.8M11.0M9.6M9.1M
Non Current Assets Total173.3M200.7M231.9M213.9M876.1M919.9M
Non Currrent Assets Other(3.7M)(3.9M)(10.5M)(12.5M)673.5M707.2M
Other Assets364.4M342.1M1.1B624.1M5.5M5.2M
Long Term Debt34.5M25M15M19.5M58.2M36.8M
Cash And Short Term Investments195.9M252.6M298.2M11.0M6.2M5.9M
Net Receivables1.9M1.9M2.0M2.8M3.5M2.2M
Common Stock Shares Outstanding3.1M3.1M3.1M3.2M3.1M3.0M
Short Term Investments162.4M189.9M220.9M201.3M190.5M140.3M
Liabilities And Stockholders Equity735.5M797.3M857.6M849.0M887.7M695.6M
Non Current Liabilities Total34.5M25M15M19.5M813.8M854.5M
Inventory(38.8M)(67.1M)120K(17.8M)(16.0M)(16.9M)
Other Current Assets38.8M67.1M325.4M15.1M(3.5M)(3.3M)
Total Liab653.0M712.0M785.9M777.2M813.8M616.0M
Property Plant And Equipment Gross10.2M9.8M18.2M20.3M19.8M20.8M
Total Current Assets197.8M254.5M625.7M11.0M6.2M5.9M
Accumulated Other Comprehensive Income4.2M1.9M(17.3M)(21.6M)(21.9M)(20.8M)
Intangible Assets715K1.0M1.5M1.5M1.5M797.6K
Property Plant Equipment10.2M9.8M9.5M11.1M12.8M7.5M
Net Tangible Assets82.6M85.3M71.7M71.8M64.6M65.0M
Retained Earnings Total Equity38.9M35.4M31.2M35.6M41.0M36.6M
Capital Surpluse48.4M48.8M49.2M49.6M57.1M52.6M
Other Stockholder Equity47.1M49.6M50.3M51.5M51.9M51.3M
Long Term Investments162.4M189.9M220.9M201.3M190.5M176.8M
Non Current Liabilities Other73.9M30.7M44.4M38.1M34.3M44.3M

Pair Trading with IF Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IF Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IF Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with IROQ Stock

  0.69KB KB Financial GroupPairCorr

Moving against IROQ Stock

  0.62TFC-PO Truist FinancialPairCorr
  0.54TFC-PR Truist FinancialPairCorr
  0.48CFG-PE Citizens FinancialPairCorr
  0.42WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to IF Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IF Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IF Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IF Bancorp to buy it.
The correlation of IF Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IF Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IF Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IF Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for IROQ Stock Analysis

When running IF Bancorp's price analysis, check to measure IF Bancorp'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 IF Bancorp is operating at the current time. Most of IF Bancorp's value examination focuses on studying past and present price action to predict the probability of IF Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IF Bancorp's price. Additionally, you may evaluate how the addition of IF Bancorp to your portfolios can decrease your overall portfolio volatility.