Bank Net Debt vs Total Assets Analysis

BIRG Stock   8.45  0.04  0.48%   
Bank of Ireland financial indicator trend analysis is way more than just evaluating Bank of Ireland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Ireland is a good investment. Please check the relationship between Bank of Ireland Net Debt and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Ireland. 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.

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Ireland Net Debt account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bank of Ireland's Net Debt and Total Assets is -0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bank of Ireland, assuming nothing else is changed. The correlation between historical values of Bank of Ireland's Net Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Bank of Ireland are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Bank of Ireland's Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Assets

Total assets refers to the total amount of Bank of Ireland 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 Bank of Ireland 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.
Most indicators from Bank of Ireland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Ireland 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Ireland. 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.
Selling General Administrative is likely to gain to about 766.1 M in 2024, whereas Tax Provision is likely to drop slightly above 187.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.1B4.5B2.7B
Total Revenue3.0B3.1B4.5B2.7B

Bank of Ireland fundamental ratios Correlations

0.810.42-0.150.40.13-0.690.480.41-0.10.41.00.460.430.53-0.13-0.580.520.290.450.31-0.36-0.56-0.62-0.83-0.49
0.810.62-0.510.720.56-0.520.020.73-0.280.260.780.640.740.460.19-0.560.650.050.670.05-0.07-0.64-0.72-0.77-0.09
0.420.62-0.570.660.32-0.05-0.090.650.1-0.280.40.90.660.220.59-0.030.81-0.460.79-0.550.44-0.57-0.66-0.350.11
-0.15-0.51-0.57-0.87-0.57-0.170.53-0.880.31-0.04-0.12-0.76-0.880.17-0.47-0.25-0.550.54-0.620.52-0.270.050.18-0.11-0.71
0.40.720.66-0.870.590.12-0.371.0-0.13-0.050.370.851.00.330.520.060.68-0.290.7-0.370.25-0.32-0.43-0.20.49
0.130.560.32-0.570.59-0.13-0.760.59-0.420.080.110.380.570.050.4-0.440.28-0.080.39-0.13-0.030.04-0.12-0.10.51
-0.69-0.52-0.05-0.170.12-0.13-0.440.10.46-0.62-0.70.110.08-0.080.430.80.01-0.450.04-0.560.660.270.250.70.56
0.480.02-0.090.53-0.37-0.76-0.44-0.360.180.250.5-0.2-0.330.3-0.45-0.12-0.060.35-0.20.44-0.29-0.4-0.26-0.51-0.85
0.410.730.65-0.881.00.590.1-0.36-0.17-0.010.380.851.00.310.510.060.67-0.30.7-0.360.23-0.31-0.42-0.20.49
-0.1-0.280.10.31-0.13-0.420.460.18-0.17-0.74-0.090.14-0.160.36-0.120.30.33-0.020.26-0.250.56-0.29-0.310.02-0.12
0.40.26-0.28-0.04-0.050.08-0.620.25-0.01-0.740.41-0.220.0-0.18-0.22-0.35-0.380.39-0.350.65-0.740.190.23-0.18-0.25
1.00.780.4-0.120.370.11-0.70.50.38-0.090.410.430.40.53-0.15-0.580.50.310.420.33-0.38-0.55-0.6-0.82-0.51
0.460.640.9-0.760.850.380.11-0.20.850.14-0.220.430.850.260.550.120.88-0.450.87-0.550.43-0.44-0.59-0.230.31
0.430.740.66-0.881.00.570.08-0.331.0-0.160.00.40.850.320.50.050.68-0.290.7-0.350.22-0.32-0.43-0.220.47
0.530.460.220.170.330.05-0.080.30.310.36-0.180.530.260.320.13-0.350.340.440.230.25-0.01-0.55-0.53-0.61-0.39
-0.130.190.59-0.470.520.40.43-0.450.51-0.12-0.22-0.150.550.50.130.230.29-0.470.3-0.540.4-0.04-0.10.20.32
-0.58-0.56-0.03-0.250.06-0.440.8-0.120.060.3-0.35-0.580.120.05-0.350.23-0.05-0.52-0.06-0.520.490.310.350.730.48
0.520.650.81-0.550.680.280.01-0.060.670.33-0.380.50.880.680.340.29-0.05-0.450.97-0.570.49-0.64-0.78-0.440.1
0.290.05-0.460.54-0.29-0.08-0.450.35-0.3-0.020.390.31-0.45-0.290.44-0.47-0.52-0.45-0.460.89-0.60.010.08-0.35-0.44
0.450.670.79-0.620.70.390.04-0.20.70.26-0.350.420.870.70.230.3-0.060.97-0.46-0.570.55-0.6-0.77-0.390.21
0.310.05-0.550.52-0.37-0.13-0.560.44-0.36-0.250.650.33-0.55-0.350.25-0.54-0.52-0.570.89-0.57-0.730.070.16-0.35-0.51
-0.36-0.070.44-0.270.25-0.030.66-0.290.230.56-0.74-0.380.430.22-0.010.40.490.49-0.60.55-0.73-0.41-0.440.170.33
-0.56-0.64-0.570.05-0.320.040.27-0.4-0.31-0.290.19-0.55-0.44-0.32-0.55-0.040.31-0.640.01-0.60.07-0.410.960.810.43
-0.62-0.72-0.660.18-0.43-0.120.25-0.26-0.42-0.310.23-0.6-0.59-0.43-0.53-0.10.35-0.780.08-0.770.16-0.440.960.790.32
-0.83-0.77-0.35-0.11-0.2-0.10.7-0.51-0.20.02-0.18-0.82-0.23-0.22-0.610.20.73-0.44-0.35-0.39-0.350.170.810.790.63
-0.49-0.090.11-0.710.490.510.56-0.850.49-0.12-0.25-0.510.310.47-0.390.320.480.1-0.440.21-0.510.330.430.320.63
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Bank of Ireland Account Relationship Matchups

Bank of Ireland fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets131.9B133.8B155.3B151.3B155.7B105.1B
Total Stockholder Equity9.6B9.6B11.3B11.9B12.6B13.2B
Property Plant And Equipment Net1.0B889M820M802M793M694.0M
Net Debt2.5B(2.2B)(9.3B)(25.7B)(19.9B)(18.9B)
Cash10.1B12.4B32.8B38.1B33.0B34.7B
Non Current Assets Total21.3B23.3B10.9B17.3B140.5B147.6B
Non Currrent Assets Other(21.3B)(23.3B)(10.9B)(17.3B)(18.5B)(19.4B)
Other Assets99.7B97.2B110.6B95.0B(17.9B)(17.0B)
Cash And Short Term Investments10.1B12.4B32.8B38.1B33.0B34.7B
Liabilities And Stockholders Equity131.9B133.8B155.3B151.3B155.7B105.1B
Other Stockholder Equity492M1.1B1.3B1.2B1.2B1.5B
Total Liab121.5B124.1B143.9B139.4B143.1B94.2B
Property Plant And Equipment Gross1.0B889M1.3B1.4B1.4B775.8M
Total Current Assets10.9B13.3B33.7B39.0B33.0B34.7B
Short Long Term Debt Total12.6B10.2B23.5B12.4B13.1B14.6B
Non Current Liabilities Total12.6B10.2B23.5B139M10.3B19.5B
Other Current Assets9.4B12.0B32.5B40.8B(1.1B)(1.1B)
Retained Earnings8.2B7.3B8.8B9.6B10.3B5.8B
Intangible Assets802M726M825M977M1.1B666.5M
Other Current Liab(228M)(137M)(125M)(147M)(347M)(364.4M)
Total Current Liabilities195M125M107M139M787M474.1M
Accounts Payable195M125M107M139M324M498.5M
Net Receivables758M852M910M928M1.1B911.4M
Good Will36M25M27M299M300M315M
Accumulated Other Comprehensive Income212M274M407M183M175M183.8M
Other Liab21.1B21.9B24.3B22.4B25.7B22.2B
Net Tangible Assets8.9B8.2B10.4B10.6B12.2B9.7B
Long Term Debt9.7B9.6B8.7B7.8B7.0B8.7B
Long Term Investments19.5B21.7B19.3B15.2B16.3B19.0B
Short Term Debt4.9B3.2B2.9B3.4B1.9B1.8B
Property Plant Equipment988M872M811M789M907.4M617.1M
Inventory(9.4B)(12.0B)(32.5B)(40.8B)1.1B1.2B
Earning Assets31.0B32.9B34.8B37.7B43.3B36.3B

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