IRSA Minority Interest vs Net Income 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 Minority Interest and its Net Income 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.

Minority Interest vs Net Income

Minority Interest vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IRSA Inversiones Y Minority Interest account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between IRSA Inversiones' Minority Interest and Net Income is -0.16. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Net Income 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' Minority Interest and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of IRSA Inversiones Y are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Minority Interest i.e., IRSA Inversiones' Minority Interest and Net Income go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of IRSA Inversiones Y whose combined shares represent less than 50% of the total outstanding shares issued by IRSA Inversiones have a minority interest in IRSA Inversiones.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in IRSA Inversiones Y financial statement analysis. It represents the amount of money remaining after all of IRSA Inversiones Y operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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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