Glossary


I
Imports

A country's purchases of goods or services from other countries. U.S. imports of goods and services are reported by the Commerce Department when it releases the Gross Domestic Product (GDP) report.

Income Before Taxes

Profits before federal, state, and foreign income taxes.

Income Dividends Declared per share

Income dividends declared per common share

Income Dividends Per Share (Investment Companies)

Dividends declared from net investment income on a per-share basis.

Income from Loans

Interest and related income from loans

Income from Loans per share

Interest and related income from loans per common share

Income Statement

A financial report that lists revenues, expenses, and net income throughout a given period.

Income Stocks

Stocks with higher-than-average dividend yields. (Often, but not always, stocks with dividends that are considered likely to be maintained or raised.)

Income Tax Rate

Total income taxes as a % of pretax income.

Income Taxes

The total of all foreign and domestic (federal, state and city) taxes charged against income.

Indicated Annual Dividend

Annualized dividend based on most recent dividend payment

Industrial Production

A Federal Reserve index, published monthly, of the output of the nation's factories, mines, and utilities.

Industry Code

Value Line determined code used to identify the industry in which a company operates

Industry Commentary

Industry Commentary

Industry Name

Name of the industry into which a company is classified by Value Line

Industry Rank

Value Line proprietary Industry Rank for a given industry (1 to 98)

Industry Supplementary Report

Industry Supplementary Report

Industry Timeliness Rank
Initial Public Offering

A corporation's first equity offering to the public, at which point the stock commences trading on a particular exchange.

Initial Unemployment Insurance Claims

A weekly Labor Department compilation of new unemployment claims based on data from each of the states in the Union and Washington, D.C.

Insider Decisions
Insider Decisions - Options

Number of options-based transactions by insiders

Insider Decisions - To Buy

Number of open market purchases by insiders

Insider Decisions - To Sell

Number of open market sales by insiders, including options based sales

Institutional Decisions

The number of decisions reported by investment managers having equity assets under management of $100 million or more to buy or sell a company's shares. This table appears on the left side of the price chart on the Value Line page.

Institutional Decisions - Number of Holders

Number of institutional investors that own shares in the company in a particular quarter

Institutional Decisions - To Buy

Number of institutional investors that have purchased shares in the company in a particular quarter

Institutional Decisions - To Sell

Number of institutional investors that have sold shares in a company in a particular quarter

Insurance in Force

The aggregate face amount of all insurance policies outstanding.

Insurance in Force (Insurance Industries)

The aggregate face amount of all life insurance policies outstanding.

 

Insurance Premiums

Insurance premiums latest quarter

Intangibles

Assets such as goodwill (the excess of cost over net assets of companies acquired by purchase), patents, trademarks, unamortized debt discounts, and deferred charges.

Intangibles Per Share

Assets such as goodwill (the excess of cost over net assets of companies acquired by purchase), patents, trademarks, unamortized debt discounts, and deferred charges divided by the number of common shares at year end.

Interest

Payment for the use of borrowed money. Many companies have both interest charges (for long- and short-term funds they have borrowed) and interest income (for money they have invested, usually in short-term, interest-bearing investments).

Interest Cost to Gross Income (Thrift Industry)

Interest expenses for the year, expressed as a percentage of gross income.

Interest Rate

The coupon size as determined at issuance.

Inventories

Raw materials, work in progress, and finished products. LIFO (last-in, first-out) accounting minimizes illusory, but taxable, inventory profits in periods of rising prices because high-cost materials are expensed against income first. Under FIFO (first-in, first-out) accounting, the reverse is true. Average cost (middle-in, middle-out) is a compromise between LIFO and FIFO.

Inventory Investment

The change in inventories valued at average prices for the period, as published by the Commerce Department in its periodic Gross Domestic Product reports.

Inventory Turnover

Cost of goods sold divided by the average inventory of the year

Inventory-to-Sales-Ratio

A ratio of inventories to sales, expressed as a percentage. An excessively high ratio may indicate that businesses have too much inventory on hand and are about to cut back production in order to reduce inventories.

Investment Company (or Fund)

A company or fund that invests in other companies (usually through the purchase of equity or debt securities) or invests in commodities or real property, etc., or any combination of the above.

Investment Grade (Ratings)

Indicates the creditworthiness of a debt issue assigned by one of the major ratings services.

Investment Income

Investment income for insurance companies

Investment Income (Insurance Industry)

Dividends, interest, and rents received on investments and any other investment income less the expenses of the investment department.

 

Investment Income per share

Dividends, interest, and rents received on investments less the expenses of the investment department, divided by the number of common shares outstanding at year end.

Investment Income Per Share (Insurance Industry)

Dividends, interest, and rents received on investments less the expenses of the investment department, divided by the number of common shares outstanding at year end.

Investment Revenues

Revenues attributable to a company's investments

Investment Value

The value of a convertible security without the conversion feature. In other words, the value of the instrument were it not convertible, but have similar terms as the convertible.

Investments

Investments as held on a balance sheet for selected financial companies

Investments for Account of Policyholders

Investments for the accounts of policyholders

Investments Funded

Investments Funded for REITS as presented in Funds Flow

Investments Repaid

Investments Repaid for REITS as presented in Funds Flow

IS Page Number

The page on which a company's stock is reviewed in Value Line printed products

Issue

Convertible bonds are shown by the name of the issuer, the coupon and the year of maturity. E.g., Ford Motor Company 4.25s2036.