Investors Accounts Payable vs Good Will Analysis

ITIC Stock  USD 285.26  0.41  0.14%   
Investors Title financial indicator trend analysis is infinitely more than just investigating Investors Title recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Investors Title is a good investment. Please check the relationship between Investors Title Accounts Payable and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Investors Title. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Investors Stock refer to our How to Trade Investors Stock guide.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Investors Title Accounts Payable account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Investors Title's Accounts Payable and Good Will is 0.58. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Investors Title, assuming nothing else is changed. The correlation between historical values of Investors Title's Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Investors Title are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Investors Title's Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Investors Title obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Investors Title are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Investors Title's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Investors Title 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 Investors Title. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Investors Stock refer to our How to Trade Investors Stock guide.At present, Investors Title's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.31, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.27.
 2021 2022 2023 2024 (projected)
Gross Profit329.5M283.4M224.8M236.0M
Total Revenue329.5M283.4M224.8M236.0M

Investors Title fundamental ratios Correlations

0.750.99-0.610.990.32-0.73-0.39-0.280.780.860.020.93-0.050.78-0.36-0.33-0.280.810.640.93-0.71-0.71-0.110.90.43
0.750.71-0.770.7-0.02-0.80.01-0.050.840.520.010.520.010.670.02-0.020.030.740.820.7-0.78-0.78-0.180.630.26
0.990.71-0.541.00.37-0.68-0.44-0.330.720.90.00.95-0.080.73-0.41-0.36-0.330.760.580.93-0.67-0.67-0.10.910.45
-0.61-0.77-0.54-0.510.250.73-0.22-0.17-0.75-0.28-0.24-0.35-0.27-0.54-0.23-0.22-0.27-0.64-0.94-0.560.720.72-0.06-0.46-0.2
0.990.71.0-0.510.43-0.64-0.48-0.370.70.92-0.040.96-0.140.73-0.47-0.39-0.350.750.570.92-0.63-0.63-0.10.90.47
0.32-0.020.370.250.430.23-0.79-0.660.060.57-0.610.55-0.770.39-0.99-0.61-0.60.27-0.040.20.240.240.070.220.44
-0.73-0.8-0.680.73-0.640.23-0.19-0.14-0.77-0.34-0.12-0.48-0.17-0.57-0.23-0.12-0.15-0.6-0.63-0.681.01.00.18-0.63-0.04
-0.390.01-0.44-0.22-0.48-0.79-0.190.85-0.11-0.580.15-0.620.38-0.40.840.720.7-0.350.03-0.29-0.22-0.22-0.11-0.32-0.65
-0.28-0.05-0.33-0.17-0.37-0.66-0.140.850.0-0.50.12-0.470.36-0.210.690.510.49-0.170.03-0.09-0.15-0.150.02-0.09-0.69
0.780.840.72-0.750.70.06-0.77-0.110.00.430.110.610.10.89-0.09-0.13-0.070.950.850.68-0.74-0.74-0.060.620.34
0.860.520.9-0.280.920.57-0.34-0.58-0.50.43-0.110.92-0.230.54-0.6-0.44-0.410.560.370.82-0.33-0.33-0.090.820.49
0.020.010.0-0.24-0.04-0.61-0.120.150.120.11-0.11-0.010.96-0.130.490.330.340.060.140.06-0.1-0.1-0.030.050.29
0.930.520.95-0.350.960.55-0.48-0.62-0.470.610.92-0.01-0.140.69-0.6-0.48-0.450.720.450.85-0.46-0.460.00.850.55
-0.050.01-0.08-0.27-0.14-0.77-0.170.380.360.1-0.230.96-0.14-0.210.660.370.370.010.130.04-0.15-0.15-0.030.030.08
0.780.670.73-0.540.730.39-0.57-0.4-0.210.890.54-0.130.69-0.21-0.4-0.28-0.220.930.70.65-0.54-0.54-0.040.60.4
-0.360.02-0.41-0.23-0.47-0.99-0.230.840.69-0.09-0.60.49-0.60.66-0.40.630.61-0.310.02-0.24-0.25-0.25-0.07-0.26-0.54
-0.33-0.02-0.36-0.22-0.39-0.61-0.120.720.51-0.13-0.440.33-0.480.37-0.280.631.0-0.330.07-0.27-0.14-0.14-0.17-0.31-0.29
-0.280.03-0.33-0.27-0.35-0.6-0.150.70.49-0.07-0.410.34-0.450.37-0.220.611.0-0.270.12-0.24-0.17-0.17-0.17-0.28-0.25
0.810.740.76-0.640.750.27-0.6-0.35-0.170.950.560.060.720.010.93-0.31-0.33-0.270.790.72-0.56-0.560.010.670.51
0.640.820.58-0.940.57-0.04-0.630.030.030.850.370.140.450.130.70.020.070.120.790.57-0.61-0.610.130.470.34
0.930.70.93-0.560.920.2-0.68-0.29-0.090.680.820.060.850.040.65-0.24-0.27-0.240.720.57-0.66-0.66-0.060.990.31
-0.71-0.78-0.670.72-0.630.241.0-0.22-0.15-0.74-0.33-0.1-0.46-0.15-0.54-0.25-0.14-0.17-0.56-0.61-0.661.00.19-0.620.0
-0.71-0.78-0.670.72-0.630.241.0-0.22-0.15-0.74-0.33-0.1-0.46-0.15-0.54-0.25-0.14-0.17-0.56-0.61-0.661.00.19-0.620.0
-0.11-0.18-0.1-0.06-0.10.070.18-0.110.02-0.06-0.09-0.030.0-0.03-0.04-0.07-0.17-0.170.010.13-0.060.190.19-0.090.05
0.90.630.91-0.460.90.22-0.63-0.32-0.090.620.820.050.850.030.6-0.26-0.31-0.280.670.470.99-0.62-0.62-0.090.28
0.430.260.45-0.20.470.44-0.04-0.65-0.690.340.490.290.550.080.4-0.54-0.29-0.250.510.340.310.00.00.050.28
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Investors Title Account Relationship Matchups

Investors Title fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.9M282.9M331.5M339.8M330.6M347.1M
Total Stockholder Equity191.4M200.4M229.1M241.0M251.6M264.1M
Net Debt(21.4M)(10.1M)(31.8M)(28.5M)(17.6M)(18.5M)
Retained Earnings188.3M196.1M225.9M240.8M250.9M263.5M
Other Assets(96.8M)(106.4M)(91.9M)(125.7M)(36.0M)(37.8M)
Liabilities And Stockholders Equity263.9M282.9M331.5M339.8M330.6M347.1M
Non Current Liabilities Total11.5M12.3M18.5M47.1M77.9M74.0M
Other Stockholder Equity100K4.3M3.2M200K230K218.5K
Total Liab72.5M82.5M102.4M98.7M79.0M41.8M
Property Plant And Equipment Net14.2M14.7M18.2M24.5M30.2M31.7M
Non Currrent Assets Other(7.0M)(8.6M)(13.1M)(7.7M)91.2M86.6M
Property Plant And Equipment Gross10.2M10.3M14.2M14.7M16.9M17.7M
Non Current Assets Total203.4M222.3M236.8M251.4M155.0M147.2M
Net Receivables13.6M20.5M23.8M21.1M15.4M9.5M
Total Current Assets157.3M167.1M186.7M214.0M211.6M201.0M
Other Current Liab(28.3M)(36.7M)(47.2M)(92.2M)(1.1M)(1.0M)
Total Current Liabilities28.3M36.0M43.9M47.1M31.9M30.3M
Accounts Payable28.3M36.0M43.9M47.1M31.9M16.6M
Cash25.9M13.7M37.2M35.3M24.0M15.0M
Cash And Short Term Investments143.7M146.6M162.9M192.9M198.1M208.0M
Accumulated Other Comprehensive Income3.1M4.3M3.2M200K638K606.1K
Other Liab32.3M8.6M13.1M7.7M6.9M6.6M
Short Term Investments117.8M132.9M125.7M157.6M174.1M182.8M
Other Current Assets62.4M9.4M11.7M173.0M13.5M14.2M
Property Plant Equipment9.8M14.7M18.2M17.8M20.5M21.5M
Intangible Assets5.9M5.4M8.7M8.0M6.6M3.6M
Net Tangible Assets181.1M190.0M213.1M223.4M256.9M175.3M
Retained Earnings Total Equity188.3M196.1M225.9M240.8M276.9M174.9M
Inventory(62.4M)(88.2M)(124.6M)(173.0M)(213.5M)(202.8M)
Deferred Long Term Liab7.0M8.6M13.1M7.7M8.8M7.0M
Long Term Investments193.9M197.8M202.6M209.3M211.3M191.2M
Non Current Liabilities Other35.8M37.3M42.1M44.0M50.6M41.1M
Net Invested Capital191.4M200.4M229.1M241.0M251.6M230.5M

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When determining whether Investors Title offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Investors Title's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Investors Title Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Investors Title Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Investors Title. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Investors Stock refer to our How to Trade Investors Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Property & Casualty Insurance 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 Investors Title. If investors know Investors 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 Investors Title 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
0.313
Dividend Share
1.84
Earnings Share
15.11
Revenue Per Share
127.776
Quarterly Revenue Growth
0.121
The market value of Investors Title is measured differently than its book value, which is the value of Investors that is recorded on the company's balance sheet. Investors also form their own opinion of Investors Title's value that differs from its market value or its book value, called intrinsic value, which is Investors Title'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 Investors Title's market value can be influenced by many factors that don't directly affect Investors Title'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 Investors Title's value and its price as these two are different measures arrived at by different means. Investors typically determine if Investors Title is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Investors Title'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.