Iress Ebit vs Total Operating Expenses Analysis

IRE Stock

9.29 0.10 1.06%

Iress financial indicator trend analysis is infinitely more than just investigating Iress recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iress is a good investment. Please check the relationship between Iress Ebit and its Total Operating Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iress. 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.

Ebit vs Total Operating Expenses

Ebit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iress Ebit account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Iress' Ebit and Total Operating Expenses is -0.1. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Iress, assuming nothing else is changed. The correlation between historical values of Iress' Ebit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Iress are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Ebit i.e., Iress' Ebit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ebit

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Iress' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iress 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 Iress. 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.

At this time, Iress' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 14 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 237.7 K in 2024.

	2021	2022	2023	2024 (projected)
Operating Income	99.7M	94.0M	24.5M	23.3M
Other Operating Expenses	496.3M	521.6M	601.0M	631.1M

Operating Income Other Operating Expenses

Iress fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Inventory	Other Current Assets
Common Stock Shares Outstanding		0.96	0.82	0.6	0.78	0.9	0.73	0.76	-0.11	0.08	0.29	0.95	-0.62	0.31	0.89	0.81	0.8	-0.24	0.81	0.59	0.86	-0.24	0.91	0.5	-0.55	0.6
Total Assets	0.96		0.77	0.53	0.77	0.94	0.74	0.74	-0.04	0.14	0.33	1.0	-0.71	0.34	0.87	0.78	0.8	-0.2	0.81	0.56	0.87	-0.19	0.9	0.57	-0.52	0.55
Short Long Term Debt Total	0.82	0.77		0.68	0.87	0.57	0.8	0.83	-0.41	0.15	0.42	0.75	-0.6	0.47	0.66	0.81	0.87	-0.26	0.86	0.85	0.9	-0.19	0.72	0.15	-0.8	0.82
Other Current Liab	0.6	0.53	0.68		0.88	0.4	0.7	0.86	-0.77	-0.26	-0.02	0.53	-0.21	0.03	0.48	0.9	0.81	-0.5	0.83	0.79	0.49	-0.46	0.76	0.22	-0.76	0.88
Total Current Liabilities	0.78	0.77	0.87	0.88		0.63	0.91	0.94	-0.57	-0.02	0.28	0.77	-0.6	0.31	0.64	0.95	0.96	-0.39	0.97	0.91	0.77	-0.34	0.87	0.37	-0.88	0.91
Total Stockholder Equity	0.9	0.94	0.57	0.4	0.63		0.62	0.57	0.17	0.11	0.31	0.94	-0.67	0.3	0.87	0.66	0.64	-0.06	0.66	0.35	0.74	-0.13	0.88	0.68	-0.33	0.34
Property Plant And Equipment Net	0.73	0.74	0.8	0.7	0.91	0.62		0.8	-0.38	-0.1	0.3	0.74	-0.81	0.33	0.65	0.82	0.84	-0.3	0.84	0.88	0.76	-0.31	0.79	0.38	-0.86	0.79
Net Debt	0.76	0.74	0.83	0.86	0.94	0.57	0.8		-0.6	0.0	0.16	0.74	-0.47	0.19	0.61	0.95	0.98	-0.57	0.98	0.88	0.71	-0.36	0.84	0.22	-0.81	0.94
Retained Earnings	-0.11	-0.04	-0.41	-0.77	-0.57	0.17	-0.38	-0.6		0.08	0.01	-0.03	-0.18	-0.06	0.05	-0.6	-0.55	0.5	-0.54	-0.66	-0.19	0.18	-0.3	0.15	0.67	-0.78
Accounts Payable	0.08	0.14	0.15	-0.26	-0.02	0.11	-0.1	0.0	0.08		0.82	0.09	0.0	0.81	-0.08	0.02	0.12	0.29	0.1	-0.03	0.4	0.72	0.02	-0.03	0.0	0.0
Cash	0.29	0.33	0.42	-0.02	0.28	0.31	0.3	0.16	0.01	0.82		0.28	-0.36	1.0	0.1	0.24	0.3	0.39	0.29	0.28	0.65	0.66	0.25	0.07	-0.34	0.21
Non Current Assets Total	0.95	1.0	0.75	0.53	0.77	0.94	0.74	0.74	-0.03	0.09	0.28		-0.72	0.3	0.88	0.77	0.79	-0.22	0.81	0.55	0.85	-0.23	0.91	0.58	-0.52	0.54
Non Currrent Assets Other	-0.62	-0.71	-0.6	-0.21	-0.6	-0.67	-0.81	-0.47	-0.18	0.0	-0.36	-0.72		-0.34	-0.65	-0.45	-0.55	0.01	-0.54	-0.54	-0.68	0.17	-0.56	-0.45	0.51	-0.37
Cash And Short Term Investments	0.31	0.34	0.47	0.03	0.31	0.3	0.33	0.19	-0.06	0.81	1.0	0.3	-0.34		0.11	0.28	0.33	0.36	0.32	0.33	0.68	0.64	0.27	0.06	-0.39	0.26
Net Receivables	0.89	0.87	0.66	0.48	0.64	0.87	0.65	0.61	0.05	-0.08	0.1	0.88	-0.65	0.11		0.65	0.65	-0.1	0.66	0.41	0.73	-0.27	0.81	0.55	-0.31	0.42
Common Stock Total Equity	0.81	0.78	0.81	0.9	0.95	0.66	0.82	0.95	-0.6	0.02	0.24	0.77	-0.45	0.28	0.65		0.96	-0.52	0.96	0.85	0.74	-0.3	0.93	0.35	-0.83	0.91
Non Current Liabilities Total	0.8	0.8	0.87	0.81	0.96	0.64	0.84	0.98	-0.55	0.12	0.3	0.79	-0.55	0.33	0.65	0.96		-0.47	1.0	0.88	0.8	-0.26	0.87	0.3	-0.82	0.92
Other Stockholder Equity	-0.24	-0.2	-0.26	-0.5	-0.39	-0.06	-0.3	-0.57	0.5	0.29	0.39	-0.22	0.01	0.36	-0.1	-0.52	-0.47		-0.46	-0.49	-0.06	0.5	-0.36	0.11	0.49	-0.58
Total Liab	0.81	0.81	0.86	0.83	0.97	0.66	0.84	0.98	-0.54	0.1	0.29	0.81	-0.54	0.32	0.66	0.96	1.0	-0.46		0.87	0.79	-0.28	0.89	0.33	-0.81	0.91
Property Plant And Equipment Gross	0.59	0.56	0.85	0.79	0.91	0.35	0.88	0.88	-0.66	-0.03	0.28	0.55	-0.54	0.33	0.41	0.85	0.88	-0.49	0.87		0.68	-0.3	0.65	0.0	-0.96	0.96
Total Current Assets	0.86	0.87	0.9	0.49	0.77	0.74	0.76	0.71	-0.19	0.4	0.65	0.85	-0.68	0.68	0.73	0.74	0.8	-0.06	0.79	0.68		0.09	0.76	0.32	-0.65	0.64
Short Term Debt	-0.24	-0.19	-0.19	-0.46	-0.34	-0.13	-0.31	-0.36	0.18	0.72	0.66	-0.23	0.17	0.64	-0.27	-0.3	-0.26	0.5	-0.28	-0.3	0.09		-0.26	-0.14	0.26	-0.29
Common Stock	0.91	0.9	0.72	0.76	0.87	0.88	0.79	0.84	-0.3	0.02	0.25	0.91	-0.56	0.27	0.81	0.93	0.87	-0.36	0.89	0.65	0.76	-0.26		0.58	-0.64	0.7
Other Liab	0.5	0.57	0.15	0.22	0.37	0.68	0.38	0.22	0.15	-0.03	0.07	0.58	-0.45	0.06	0.55	0.35	0.3	0.11	0.33	0.0	0.32	-0.14	0.58		-0.05	0.04
Inventory	-0.55	-0.52	-0.8	-0.76	-0.88	-0.33	-0.86	-0.81	0.67	0.0	-0.34	-0.52	0.51	-0.39	-0.31	-0.83	-0.82	0.49	-0.81	-0.96	-0.65	0.26	-0.64	-0.05		-0.91
Other Current Assets	0.6	0.55	0.82	0.88	0.91	0.34	0.79	0.94	-0.78	0.0	0.21	0.54	-0.37	0.26	0.42	0.91	0.92	-0.58	0.91	0.96	0.64	-0.29	0.7	0.04	-0.91

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Iress Account Relationship Matchups

Iress fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	173.4M	184.4M	191.5M	188.2M	180.0M	151.6M
Total Assets	837.0M	1.0B	1.0B	1.0B	792.2M	427.2M
Short Long Term Debt Total	283.4M	272.9M	389.4M	462.8M	423.0M	273.5M
Other Current Liab	45.7M	54.6M	56.1M	47.9M	86.7M	91.0M
Total Current Liabilities	85.6M	103.8M	108.8M	107.5M	110.1M	115.6M
Total Stockholder Equity	434.9M	586.8M	536.9M	433.8M	272.0M	238.5M
Property Plant And Equipment Net	79.4M	108.0M	109.8M	89.2M	74.1M	77.9M
Net Debt	250.1M	209.8M	325.0M	399.4M	379.1M	398.0M
Retained Earnings	6.7M	(1.5M)	9.5M	(6.1M)	(178.1M)	(169.2M)
Accounts Payable	5.0M	9.1M	8.0M	15.8M	8.7M	7.7M
Cash	33.4M	63.1M	64.4M	63.4M	43.9M	46.1M
Non Current Assets Total	721.7M	872.6M	884M	841.5M	651.0M	339.3M
Non Currrent Assets Other	(699.2M)	(838.3M)	(852.4M)	(814.2M)	(206K)	(216.3K)
Cash And Short Term Investments	33.4M	63.5M	64.9M	63.8M	50.7M	46.6M
Net Receivables	58.8M	45.4M	46.0M	46.2M	35.3M	23.6M
Common Stock Total Equity	376.3M	378.6M	383.1M	558.4M	642.2M	674.3M
Liabilities And Stockholders Equity	837.0M	1.0B	1.0B	1.0B	792.2M	427.3M
Non Current Liabilities Total	316.4M	315.9M	386.9M	458.8M	410.1M	430.6M
Other Stockholder Equity	28.0M	45.1M	29.9M	33.5M	1.15	1.09
Total Liab	402.1M	419.7M	495.7M	566.2M	520.2M	546.2M
Property Plant And Equipment Gross	79.4M	108.0M	208.7M	208.1M	204.7M	214.9M
Total Current Assets	115.3M	133.8M	148.6M	158.6M	141.2M	82.0M
Accumulated Other Comprehensive Income	45.1M	29.9M	33.5M	20.8M	30.8M	22.1M
Short Term Debt	17.6M	39.5M	27.7M	26.1M	14.1M	13.4M
Common Stock	383.1M	558.4M	493.9M	419.1M	419.3M	440.3M
Other Liab	40.3M	55.6M	12.9M	11.5M	13.2M	14.6M
Inventory	(26.0K)	(396K)	(480K)	(456.0K)	(526.0K)	(499.7K)
Other Current Assets	23.1M	24.0M	36.9M	47.0M	55.1M	57.9M
Property Plant Equipment	79.4M	108.0M	109.8M	89.2M	102.5M	107.7M
Other Assets	22.5M	29.3M	31.6M	27.3M	206K	195.7K
Intangible Assets	619.7M	730.2M	742.6M	725.0M	69.7M	66.2M
Good Will	528.7M	604.5M	622.5M	603.7M	481.1M	327.3M
Short Term Investments	1.0M	396K	480K	456K	526K	574.3K
Net Tangible Assets	(184.8M)	(146.2M)	(205.7M)	(291.2M)	(262.1M)	(275.2M)
Long Term Debt	225.9M	188.4M	296.5M	388.4M	363.6M	260.6M
Current Deferred Revenue	12.1M	13.4M	16.5M	17.2M	16.5M	11.1M
Long Term Debt Total	274.3M	259.6M	374M	447.3M	514.4M	303.3M
Net Invested Capital	660.8M	776.3M	833.4M	822.2M	635.6M	778.3M

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