Insurance Property Plant And Equipment Net vs Total Liab Analysis
IAG Stock | 8.19 0.03 0.36% |
Insurance Australia financial indicator trend analysis is infinitely more than just investigating Insurance Australia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insurance Australia is a good investment. Please check the relationship between Insurance Australia Property Plant And Equipment Net and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insurance Australia Group. 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.
Property Plant And Equipment Net vs Total Liab
Property Plant And Equipment Net vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insurance Australia Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Insurance Australia's Property Plant And Equipment Net and Total Liab is 0.47. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab in the same time period over historical financial statements of Insurance Australia Group, assuming nothing else is changed. The correlation between historical values of Insurance Australia's Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Insurance Australia Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Insurance Australia's Property Plant And Equipment Net and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Insurance Australia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insurance Australia 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 Insurance Australia Group. 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 303.4 M in 2024, despite the fact that Discontinued Operations is likely to grow to (14.2 M).
Insurance Australia fundamental ratios Correlations
Click cells to compare fundamentals
Insurance Australia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Insurance Australia fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.6B | 33.5B | 34.2B | 35.0B | 25.6B | 25.0B | |
Short Long Term Debt Total | 2.3B | 2.7B | 2.7B | 2.7B | 2.9B | 2.0B | |
Other Current Liab | 11.4B | 14.9B | 15.4B | 14.9B | (1.2B) | (1.1B) | |
Total Current Liabilities | 13.5B | 16.5B | 17.1B | 16.7B | 1.1B | 1.0B | |
Total Stockholder Equity | 6.1B | 6.2B | 6.2B | 6.7B | 6.7B | 5.3B | |
Net Debt | (117M) | 574M | 1.6B | 1.3B | 1.1B | 715.3M | |
Cash | 2.3B | 2.0B | 938M | 1.4B | 1.8B | 975.7M | |
Non Current Assets Total | 16.9B | 19.7B | 20.5B | 20.7B | 24.4B | 14.3B | |
Non Currrent Assets Other | 8.6B | 14.3B | 12.1B | 12.2B | (4.9B) | (5.1B) | |
Other Assets | 22.6B | 26.6B | 28.1B | 28.3B | (7.8B) | (7.4B) | |
Cash And Short Term Investments | 2.3B | 2.0B | 938M | 1.4B | 631M | 599.5M | |
Common Stock Shares Outstanding | 2.5B | 2.4B | 2.8B | 2.8B | 2.8B | 2.2B | |
Short Term Investments | 2.0B | 1.7B | 588M | 882M | (1.2B) | (1.1B) | |
Liabilities And Stockholders Equity | 29.6B | 33.5B | 34.2B | 35.0B | 25.6B | 25.0B | |
Total Liab | 23.3B | 26.9B | 27.7B | 28.0B | 18.5B | 18.1B | |
Total Current Assets | 12.8B | 13.8B | 13.6B | 14.3B | 9.1B | 6.6B | |
Other Liab | 6.7B | 8.2B | 8.1B | 7.5B | 8.6B | 9.0B | |
Property Plant And Equipment Net | 663M | 610M | 592M | 591M | 520M | 322.3M | |
Retained Earnings | (521M) | (1.1B) | (1.2B) | (638M) | (195M) | (204.8M) | |
Accounts Payable | 2.0B | 1.5B | 1.6B | 1.7B | 983M | 1.1B | |
Long Term Debt | 1.5B | 2.0B | 2.0B | 2.1B | 2.5B | 1.5B | |
Net Receivables | 4.1B | 4.4B | 4.6B | 5.6B | 822M | 780.9M | |
Good Will | 2.9B | 2.8B | 2.8B | 2.8B | 2.8B | 2.2B | |
Non Current Liabilities Total | 9.8B | 10.4B | 10.6B | 11.3B | 18.5B | 19.4B | |
Other Current Assets | 12.8B | 13.8B | 13.6B | 14.3B | 9.1B | 10.8B | |
Other Stockholder Equity | (49M) | (33M) | (24M) | (21M) | (18.9M) | (19.8M) | |
Accumulated Other Comprehensive Income | 30M | 13M | 3M | 45M | 40M | 44.8M | |
Property Plant Equipment | 663M | 610M | 592M | 591M | 679.7M | 713.6M | |
Current Deferred Revenue | 31M | 124M | 13M | 33M | 29.7M | 28.2M | |
Treasury Stock | (27M) | (48M) | (49M) | (33M) | (29.7M) | (31.2M) | |
Net Tangible Assets | 2.9B | 3.0B | 2.8B | 3.0B | 2.7B | 2.5B | |
Deferred Long Term Liab | 2.7B | 2.7B | 2.9B | 3.3B | 3.8B | 2.6B | |
Long Term Investments | 8.5B | 10.8B | 11.3B | 11.0B | 12.9B | 8.6B |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Insurance Stock Analysis
When running Insurance Australia's price analysis, check to measure Insurance Australia'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 Insurance Australia is operating at the current time. Most of Insurance Australia's value examination focuses on studying past and present price action to predict the probability of Insurance Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insurance Australia's price. Additionally, you may evaluate how the addition of Insurance Australia to your portfolios can decrease your overall portfolio volatility.