IRSA Accounts Payable vs Total Assets Analysis

IRS Stock  USD 16.29  0.07  0.43%   
IRSA Inversiones financial indicator trend analysis is infinitely more than just investigating IRSA Inversiones Y recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IRSA Inversiones Y is a good investment. Please check the relationship between IRSA Inversiones Accounts Payable and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IRSA Inversiones Y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IRSA Inversiones Y Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between IRSA Inversiones' Accounts Payable and Total Assets is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of IRSA Inversiones Y, assuming nothing else is changed. The correlation between historical values of IRSA Inversiones' Accounts Payable 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 Accounts Payable of IRSA Inversiones Y 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 Accounts Payable i.e., IRSA Inversiones' Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents IRSA Inversiones obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of IRSA Inversiones Y are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of IRSA Inversiones 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 IRSA Inversiones Y 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 IRSA Inversiones' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IRSA Inversiones Y 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 IRSA Inversiones Y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, IRSA Inversiones' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, despite the fact that Tax Provision is likely to grow to (44 B).
 2021 2022 2023 2024 (projected)
Gross Profit20.0B58.5B219.3B230.3B
Total Revenue32.1B89.3B328.5B345.0B

IRSA Inversiones fundamental ratios Correlations

0.69-0.950.970.980.760.840.960.810.321.00.990.150.820.730.990.06-0.80.670.980.990.110.980.980.020.13
0.69-0.470.760.530.840.960.50.530.860.640.60.780.560.580.750.52-0.210.450.80.690.720.730.730.470.0
-0.95-0.47-0.88-0.99-0.57-0.65-0.98-0.76-0.04-0.97-0.980.13-0.76-0.61-0.930.150.9-0.68-0.89-0.930.18-0.9-0.920.1-0.09
0.970.76-0.880.920.860.90.910.770.480.960.950.290.790.760.980.21-0.70.670.990.980.261.00.970.030.1
0.980.53-0.990.920.630.710.980.810.130.990.99-0.040.810.690.95-0.1-0.890.650.930.95-0.090.930.94-0.090.16
0.760.84-0.570.860.630.920.630.610.770.710.680.580.630.570.790.65-0.290.510.840.830.60.820.820.090.0
0.840.96-0.650.90.710.920.680.660.770.80.760.630.680.670.880.47-0.390.560.920.860.60.870.870.30.04
0.960.5-0.980.910.980.630.680.750.110.970.98-0.080.750.580.94-0.04-0.850.70.90.94-0.120.920.94-0.190.05
0.810.53-0.760.770.810.610.660.750.250.80.790.241.00.750.760.08-0.780.120.780.780.220.750.72-0.030.62
0.320.86-0.040.480.130.770.770.110.250.250.20.930.290.380.40.750.230.180.480.380.940.430.40.43-0.03
1.00.64-0.970.960.990.710.80.970.80.251.00.080.80.710.990.0-0.830.690.970.980.030.970.97-0.020.12
0.990.6-0.980.950.990.680.760.980.790.21.00.030.790.70.98-0.04-0.860.690.950.97-0.020.960.96-0.030.11
0.150.780.130.29-0.040.580.63-0.080.240.930.080.030.280.350.210.690.28-0.120.310.180.980.240.180.540.18
0.820.56-0.760.790.810.630.680.751.00.290.80.790.280.790.780.08-0.770.130.80.790.260.770.72-0.010.63
0.730.58-0.610.760.690.570.670.580.750.380.710.70.350.790.7-0.04-0.660.220.740.690.320.760.630.190.59
0.990.75-0.930.980.950.790.880.940.760.40.990.980.210.780.70.13-0.740.710.990.990.160.980.990.080.05
0.060.520.150.21-0.10.650.47-0.040.080.750.0-0.040.690.08-0.040.130.390.030.20.180.760.150.18-0.01-0.16
-0.8-0.210.9-0.7-0.89-0.29-0.39-0.85-0.780.23-0.83-0.860.28-0.77-0.66-0.740.39-0.39-0.7-0.740.34-0.73-0.690.16-0.4
0.670.45-0.680.670.650.510.560.70.120.180.690.69-0.120.130.220.710.03-0.390.670.69-0.160.690.760.01-0.6
0.980.8-0.890.990.930.840.920.90.780.480.970.950.310.80.740.990.2-0.70.670.980.270.980.980.110.1
0.990.69-0.930.980.950.830.860.940.780.380.980.970.180.790.690.990.18-0.740.690.980.150.980.99-0.030.07
0.110.720.180.26-0.090.60.6-0.120.220.940.03-0.020.980.260.320.160.760.34-0.160.270.150.20.140.430.19
0.980.73-0.91.00.930.820.870.920.750.430.970.960.240.770.760.980.15-0.730.690.980.980.20.970.030.1
0.980.73-0.920.970.940.820.870.940.720.40.970.960.180.720.630.990.18-0.690.760.980.990.140.970.03-0.05
0.020.470.10.03-0.090.090.3-0.19-0.030.43-0.02-0.030.54-0.010.190.08-0.010.160.010.11-0.030.430.030.03-0.04
0.130.0-0.090.10.160.00.040.050.62-0.030.120.110.180.630.590.05-0.16-0.4-0.60.10.070.190.1-0.05-0.04
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IRSA Inversiones Account Relationship Matchups

IRSA Inversiones fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets627.2B222.8B372.8B711.6B2.2T2.4T
Short Long Term Debt Total394.4B67.5B76.0B111.0B366.8B385.1B
Other Current Liab23.3B48M(8.8B)(65.9B)(260.8B)(247.7B)
Total Current Liabilities143.4B22.1B86.4B71.3B273.0B286.7B
Total Stockholder Equity57.1B61.8B158.9B364.9B1.1T1.1T
Property Plant And Equipment Net57.6B5.0B9.2B13.1B47.2B49.6B
Net Debt304.0B61.1B63.2B102.2B338.5B355.4B
Retained Earnings12.6B(28.5B)34.7B68.6B320.2B336.2B
Accounts Payable29.7B5.1B18.4B95.1B72.7B76.3B
Cash90.4B1.9B12.8B8.7B28.3B29.7B
Non Current Assets Total421.5B208.9B330.4B641.4B2.2T2.3T
Non Currrent Assets Other257.6B187.7B300.7B580.5B2.1T2.2T
Cash And Short Term Investments113.2B5.1B31.2B43.1B28.3B18.8B
Net Receivables37.5B8.6B23.5B98.8B77.3B81.1B
Common Stock Shares Outstanding538.0M543.1M698.3M690.9M742M779.1M
Liabilities And Stockholders Equity627.2B222.8B372.8B711.6B2.2T2.4T
Non Current Liabilities Total361.2B117.9B116.6B253.1B1.1T1.1T
Inventory7.0B186M318M475M1.5B1.0B
Other Current Assets48.1B(16.8B)(46.8B)(74.7B)(111.5B)(105.9B)
Other Stockholder Equity1.9B26.0B(42.6B)(483.6B)441.2B463.3B
Total Liab504.5B140.1B203.1B324.3B1.1T1.1T
Property Plant And Equipment Gross57.6B11.0B19.8B37.1B140.8B147.8B
Total Current Assets205.7B13.9B42.4B70.2B28.3B29.4B
Accumulated Other Comprehensive Income15.8B43.0B20.0B71.7B310.1B325.6B
Short Term Debt83.2B15.5B61.8B41.0B181.4B190.5B
Intangible Assets22.1B2.3B3.2B7.5B62.8B65.9B
Common Stock14.1B21.3B35.1B83.2B7.2B7.6B
Other Liab50.0B70.3B102.4B183.1B210.6B221.1B
Current Deferred Revenue4.2B7.2B1.5B4.7B17.1B18.0B
Other Assets258.2B188.1B300.8B6.9B(2.7T)(2.5T)
Long Term Debt297.8B46.7B13.1B67.3B185.3B194.6B
Short Term Investments22.8B3.2B18.4B34.4B120.7B126.7B
Property Plant Equipment57.6B5.0B9.2B13.1B15.0B13.7B
Good Will5.6B135M221M476M1.8B1.1B
Long Term Investments77.9B13.4B17.0B39.0B139.6B146.5B
Short Long Term Debt78.3B15.4B61.7B40.6B181.4B190.5B
Net Tangible Assets29.3B59.4B155.5B357B410.6B431.1B

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When running IRSA Inversiones' price analysis, check to measure IRSA Inversiones' 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 IRSA Inversiones is operating at the current time. Most of IRSA Inversiones' value examination focuses on studying past and present price action to predict the probability of IRSA Inversiones' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRSA Inversiones' price. Additionally, you may evaluate how the addition of IRSA Inversiones to your portfolios can decrease your overall portfolio volatility.