ING Other Current Liab vs Short Term Investments Analysis

ING Stock  USD 15.94  0.22  1.40%   
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 Other Current Liab and its Short Term Investments 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Short Term Investments

Other Current Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ING Group NV Other Current Liab account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ING Group's Other Current Liab and Short Term Investments is 0.14. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Term Investments 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 Other Current Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of ING Group NV are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Liab i.e., ING Group's Other Current Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Short Term Investments

Short Term Investments is an item under the current assets section of ING Group balance sheet. It contains any investments ING Group NV undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that ING Group NV can easily liquidate in the marketplace.
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 tightly coupled 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 164.7 B, while Tax Provision is projected to decrease to roughly 2.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense7.5B14.7B36.3B33.0B
Depreciation And Amortization834M711M674M685.2M

ING Group fundamental ratios Correlations

0.40.340.310.60.280.08-0.060.230.14-0.260.890.080.290.760.560.540.070.420.86-0.120.520.580.650.59-0.17
0.4-0.13-0.04-0.050.090.810.17-0.530.02-0.640.5-0.350.720.030.620.71-0.570.680.43-0.070.750.670.41-0.030.07
0.34-0.130.770.360.53-0.4-0.320.70.580.580.24-0.18-0.450.140.23-0.20.790.010.48-0.39-0.190.30.330.140.21
0.31-0.040.770.230.52-0.29-0.450.550.290.510.38-0.12-0.330.070.52-0.10.540.370.35-0.35-0.010.510.440.140.17
0.6-0.050.360.23-0.09-0.37-0.110.440.00.190.470.28-0.350.90.170.110.37-0.20.610.32-0.210.11-0.010.77-0.51
0.280.090.530.52-0.09-0.08-0.040.270.190.170.160.120.11-0.070.1-0.320.230.550.3-0.430.30.330.81-0.220.38
0.080.81-0.4-0.29-0.37-0.080.31-0.86-0.08-0.740.28-0.460.78-0.220.470.63-0.790.520.120.030.690.260.27-0.220.06
-0.060.17-0.32-0.45-0.11-0.040.31-0.35-0.17-0.510.09-0.130.320.04-0.07-0.16-0.370.04-0.090.250.22-0.10.08-0.01-0.17
0.23-0.530.70.550.440.27-0.86-0.350.420.720.010.18-0.710.27-0.2-0.410.91-0.320.16-0.19-0.510.030.010.32-0.03
0.140.020.580.290.00.19-0.08-0.170.420.34-0.04-0.71-0.31-0.13-0.090.090.54-0.20.09-0.25-0.240.060.050.090.1
-0.26-0.640.580.510.190.17-0.74-0.510.720.34-0.390.1-0.91-0.09-0.36-0.590.87-0.46-0.13-0.21-0.74-0.27-0.28-0.120.19
0.890.50.240.380.470.160.280.090.01-0.04-0.39-0.050.390.640.820.59-0.120.550.77-0.110.640.670.630.51-0.15
0.08-0.35-0.18-0.120.280.12-0.46-0.130.18-0.710.1-0.05-0.070.34-0.25-0.350.03-0.020.120.09-0.02-0.150.050.02-0.04
0.290.72-0.45-0.33-0.350.110.780.32-0.71-0.31-0.910.39-0.07-0.060.430.58-0.830.660.2-0.160.890.450.5-0.140.17
0.760.030.140.070.9-0.07-0.220.040.27-0.13-0.090.640.34-0.060.240.260.14-0.060.670.30.070.160.190.81-0.53
0.560.620.230.520.170.10.47-0.07-0.2-0.09-0.360.82-0.250.430.240.61-0.250.670.57-0.170.640.770.510.250.01
0.540.71-0.2-0.10.11-0.320.63-0.16-0.410.09-0.590.59-0.350.580.260.61-0.470.350.410.00.580.50.170.31-0.12
0.07-0.570.790.540.370.23-0.79-0.370.910.540.87-0.120.03-0.830.14-0.25-0.47-0.450.15-0.26-0.62-0.1-0.10.130.11
0.420.680.010.37-0.20.550.520.04-0.32-0.2-0.460.55-0.020.66-0.060.670.35-0.450.36-0.250.840.740.79-0.150.25
0.860.430.480.350.610.30.12-0.090.160.09-0.130.770.120.20.670.570.410.150.36-0.160.480.550.580.39-0.03
-0.12-0.07-0.39-0.350.32-0.430.030.25-0.19-0.25-0.21-0.110.09-0.160.3-0.170.0-0.26-0.25-0.16-0.28-0.45-0.370.51-0.9
0.520.75-0.19-0.01-0.210.30.690.22-0.51-0.24-0.740.64-0.020.890.070.640.58-0.620.840.48-0.280.670.73-0.110.25
0.580.670.30.510.110.330.26-0.10.030.06-0.270.67-0.150.450.160.770.5-0.10.740.55-0.450.670.570.080.31
0.650.410.330.44-0.010.810.270.080.010.05-0.280.630.050.50.190.510.17-0.10.790.58-0.370.730.570.020.22
0.59-0.030.140.140.77-0.22-0.22-0.010.320.09-0.120.510.02-0.140.810.250.310.13-0.150.390.51-0.110.080.02-0.79
-0.170.070.210.17-0.510.380.06-0.17-0.030.10.19-0.15-0.040.17-0.530.01-0.120.110.25-0.03-0.90.250.310.22-0.79
Click cells to compare fundamentals

ING Group Account Relationship Matchups

ING Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets891.7B937.4B951.3B967.8B975.6B1.0T
Short Long Term Debt Total135.1B79.0B116.0B119.5B163.3B114.1B
Other Current Liab353.6B372.1B344.9B361.1B593.3B622.9B
Total Current Liabilities476.2B416.6B401.1B640.8B593.3B622.9B
Total Stockholder Equity53.8B47.7B53.9B49.9B52.2B42.7B
Property Plant And Equipment Net1.7B3.2B2.8B2.5B2.4B2.7B
Net Debt81.9B(33.3B)8.0B32.2B73.4B82.8B
Accounts Payable4.7B4.9B5.1B(444.1B)(68.5B)(65.1B)
Cash53.2B112.2B108.0B87.3B89.9B94.4B
Non Current Assets Total179.7B108.7B113.1B194.1B825.1B866.4B
Non Currrent Assets Other(730M)(773M)(957M)85.7B8.7B9.1B
Other Assets625.0B680.4B699.1B653.9B752.0B827.7B
Cash And Short Term Investments86.0B147.1B137.8B118.6B(90.2B)(85.7B)
Net Receivables1.1B1.2B1.4B1.3B834M792.3M
Common Stock Shares Outstanding3.9B3.9B3.9B3.6B3.6B3.3B
Liabilities And Stockholders Equity891.7B937.4B951.3B967.8B975.6B1.0T
Non Current Liabilities Total135.8B79.6B116.6B279.0B330.1B268.8B
Total Liab135.8B79.6B116.6B917.4B923.4B638.7B
Total Current Assets87.0B148.3B139.2B119.9B150.4B158.0B
Short Term Debt117.8B39.6B51.1B83.0B68.5B44.9B
Retained Earnings35.9B28.3B37.3B34.9B36.9B33.4B
Accumulated Other Comprehensive Income811M2.3B1.1B(985M)(2.8B)(2.6B)
Common Stock17.1B17.1B525M37M35M36.8M
Other Liab12.5B11.2B14.7B15.5B13.9B13.2B
Long Term Debt83.3B97.9B108.5B111.7B148.8B85.9B
Property Plant Equipment3.2B2.8B2.5B2.4B2.2B3.1B
Short Term Investments32.8B34.8B29.8B31.0B40.2B42.2B
Other Stockholder Equity(10M)16.5B15.5B15.9B18.1B9.9B
Property Plant And Equipment Gross3.2B2.8B6.6B6.5B6.2B4.2B
Good Will907M533M472M464M469M445.6M
Other Current Assets142.6B163.7B159.3B145.8B150.4B142.9B
Treasury Stock(11M)(10M)(4M)(1.6B)(1.9B)(1.9B)
Intangible Assets1.0B860M684M637M1.2B1.3B
Inventory(142.6B)(163.7B)(159.3B)(145.8B)89.4B84.9B
Long Term Investments176.3B142.8B180.1B190.5B211.0B194.3B

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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:
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is ING Group'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 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
(0.83)
Dividend Share
1.106
Earnings Share
2.17
Revenue Per Share
4.947
Quarterly Revenue Growth
(0.95)
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.