IRSA Operating Income vs Income Before Tax 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 Operating Income and its Income Before Tax 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.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IRSA Inversiones Y Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between IRSA Inversiones' Operating Income and Income Before Tax is 0.93. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax 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' Operating Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of IRSA Inversiones Y are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Operating Income i.e., IRSA Inversiones' Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from IRSA Inversiones Y operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of IRSA Inversiones Y is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on IRSA Inversiones income statement and is an important metric when analyzing IRSA Inversiones Y profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 Profit	20.0B	58.5B	219.3B	230.3B
Total Revenue	32.1B	89.3B	328.5B	345.0B

Gross Profit Total Revenue

IRSA Inversiones fundamental ratios Correlations

	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 Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.69	-0.95	0.97	0.98	0.76	0.84	0.96	0.81	0.32	1.0	0.99	0.15	0.82	0.73	0.99	0.06	-0.8	0.67	0.98	0.99	0.11	0.98	0.98	0.02	0.13
Short Long Term Debt Total	0.69		-0.47	0.76	0.53	0.84	0.96	0.5	0.53	0.86	0.64	0.6	0.78	0.56	0.58	0.75	0.52	-0.21	0.45	0.8	0.69	0.72	0.73	0.73	0.47	0.0
Other Current Liab	-0.95	-0.47		-0.88	-0.99	-0.57	-0.65	-0.98	-0.76	-0.04	-0.97	-0.98	0.13	-0.76	-0.61	-0.93	0.15	0.9	-0.68	-0.89	-0.93	0.18	-0.9	-0.92	0.1	-0.09
Total Current Liabilities	0.97	0.76	-0.88		0.92	0.86	0.9	0.91	0.77	0.48	0.96	0.95	0.29	0.79	0.76	0.98	0.21	-0.7	0.67	0.99	0.98	0.26	1.0	0.97	0.03	0.1
Total Stockholder Equity	0.98	0.53	-0.99	0.92		0.63	0.71	0.98	0.81	0.13	0.99	0.99	-0.04	0.81	0.69	0.95	-0.1	-0.89	0.65	0.93	0.95	-0.09	0.93	0.94	-0.09	0.16
Property Plant And Equipment Net	0.76	0.84	-0.57	0.86	0.63		0.92	0.63	0.61	0.77	0.71	0.68	0.58	0.63	0.57	0.79	0.65	-0.29	0.51	0.84	0.83	0.6	0.82	0.82	0.09	0.0
Net Debt	0.84	0.96	-0.65	0.9	0.71	0.92		0.68	0.66	0.77	0.8	0.76	0.63	0.68	0.67	0.88	0.47	-0.39	0.56	0.92	0.86	0.6	0.87	0.87	0.3	0.04
Retained Earnings	0.96	0.5	-0.98	0.91	0.98	0.63	0.68		0.75	0.11	0.97	0.98	-0.08	0.75	0.58	0.94	-0.04	-0.85	0.7	0.9	0.94	-0.12	0.92	0.94	-0.19	0.05
Accounts Payable	0.81	0.53	-0.76	0.77	0.81	0.61	0.66	0.75		0.25	0.8	0.79	0.24	1.0	0.75	0.76	0.08	-0.78	0.12	0.78	0.78	0.22	0.75	0.72	-0.03	0.62
Cash	0.32	0.86	-0.04	0.48	0.13	0.77	0.77	0.11	0.25		0.25	0.2	0.93	0.29	0.38	0.4	0.75	0.23	0.18	0.48	0.38	0.94	0.43	0.4	0.43	-0.03
Non Current Assets Total	1.0	0.64	-0.97	0.96	0.99	0.71	0.8	0.97	0.8	0.25		1.0	0.08	0.8	0.71	0.99	0.0	-0.83	0.69	0.97	0.98	0.03	0.97	0.97	-0.02	0.12
Non Currrent Assets Other	0.99	0.6	-0.98	0.95	0.99	0.68	0.76	0.98	0.79	0.2	1.0		0.03	0.79	0.7	0.98	-0.04	-0.86	0.69	0.95	0.97	-0.02	0.96	0.96	-0.03	0.11
Cash And Short Term Investments	0.15	0.78	0.13	0.29	-0.04	0.58	0.63	-0.08	0.24	0.93	0.08	0.03		0.28	0.35	0.21	0.69	0.28	-0.12	0.31	0.18	0.98	0.24	0.18	0.54	0.18
Net Receivables	0.82	0.56	-0.76	0.79	0.81	0.63	0.68	0.75	1.0	0.29	0.8	0.79	0.28		0.79	0.78	0.08	-0.77	0.13	0.8	0.79	0.26	0.77	0.72	-0.01	0.63
Common Stock Shares Outstanding	0.73	0.58	-0.61	0.76	0.69	0.57	0.67	0.58	0.75	0.38	0.71	0.7	0.35	0.79		0.7	-0.04	-0.66	0.22	0.74	0.69	0.32	0.76	0.63	0.19	0.59
Non Current Liabilities Total	0.99	0.75	-0.93	0.98	0.95	0.79	0.88	0.94	0.76	0.4	0.99	0.98	0.21	0.78	0.7		0.13	-0.74	0.71	0.99	0.99	0.16	0.98	0.99	0.08	0.05
Inventory	0.06	0.52	0.15	0.21	-0.1	0.65	0.47	-0.04	0.08	0.75	0.0	-0.04	0.69	0.08	-0.04	0.13		0.39	0.03	0.2	0.18	0.76	0.15	0.18	-0.01	-0.16
Other Current Assets	-0.8	-0.21	0.9	-0.7	-0.89	-0.29	-0.39	-0.85	-0.78	0.23	-0.83	-0.86	0.28	-0.77	-0.66	-0.74	0.39		-0.39	-0.7	-0.74	0.34	-0.73	-0.69	0.16	-0.4
Other Stockholder Equity	0.67	0.45	-0.68	0.67	0.65	0.51	0.56	0.7	0.12	0.18	0.69	0.69	-0.12	0.13	0.22	0.71	0.03	-0.39		0.67	0.69	-0.16	0.69	0.76	0.01	-0.6
Total Liab	0.98	0.8	-0.89	0.99	0.93	0.84	0.92	0.9	0.78	0.48	0.97	0.95	0.31	0.8	0.74	0.99	0.2	-0.7	0.67		0.98	0.27	0.98	0.98	0.11	0.1
Property Plant And Equipment Gross	0.99	0.69	-0.93	0.98	0.95	0.83	0.86	0.94	0.78	0.38	0.98	0.97	0.18	0.79	0.69	0.99	0.18	-0.74	0.69	0.98		0.15	0.98	0.99	-0.03	0.07
Total Current Assets	0.11	0.72	0.18	0.26	-0.09	0.6	0.6	-0.12	0.22	0.94	0.03	-0.02	0.98	0.26	0.32	0.16	0.76	0.34	-0.16	0.27	0.15		0.2	0.14	0.43	0.19
Short Term Debt	0.98	0.73	-0.9	1.0	0.93	0.82	0.87	0.92	0.75	0.43	0.97	0.96	0.24	0.77	0.76	0.98	0.15	-0.73	0.69	0.98	0.98	0.2		0.97	0.03	0.1
Intangible Assets	0.98	0.73	-0.92	0.97	0.94	0.82	0.87	0.94	0.72	0.4	0.97	0.96	0.18	0.72	0.63	0.99	0.18	-0.69	0.76	0.98	0.99	0.14	0.97		0.03	-0.05
Common Stock Total Equity	0.02	0.47	0.1	0.03	-0.09	0.09	0.3	-0.19	-0.03	0.43	-0.02	-0.03	0.54	-0.01	0.19	0.08	-0.01	0.16	0.01	0.11	-0.03	0.43	0.03	0.03		-0.04
Common Stock	0.13	0.0	-0.09	0.1	0.16	0.0	0.04	0.05	0.62	-0.03	0.12	0.11	0.18	0.63	0.59	0.05	-0.16	-0.4	-0.6	0.1	0.07	0.19	0.1	-0.05	-0.04

Click cells to compare fundamentals

IRSA Inversiones Account Relationship Matchups

IRSA Inversiones fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	627.2B	222.8B	372.8B	711.6B	2.2T	2.4T
Short Long Term Debt Total	394.4B	67.5B	76.0B	111.0B	366.8B	385.1B
Other Current Liab	23.3B	48M	(8.8B)	(65.9B)	(260.8B)	(247.7B)
Total Current Liabilities	143.4B	22.1B	86.4B	71.3B	273.0B	286.7B
Total Stockholder Equity	57.1B	61.8B	158.9B	364.9B	1.1T	1.1T
Property Plant And Equipment Net	57.6B	5.0B	9.2B	13.1B	47.2B	49.6B
Net Debt	304.0B	61.1B	63.2B	102.2B	338.5B	355.4B
Retained Earnings	12.6B	(28.5B)	34.7B	68.6B	320.2B	336.2B
Accounts Payable	29.7B	5.1B	18.4B	95.1B	72.7B	76.3B
Cash	90.4B	1.9B	12.8B	8.7B	28.3B	29.7B
Non Current Assets Total	421.5B	208.9B	330.4B	641.4B	2.2T	2.3T
Non Currrent Assets Other	257.6B	187.7B	300.7B	580.5B	2.1T	2.2T
Cash And Short Term Investments	113.2B	5.1B	31.2B	43.1B	28.3B	18.8B
Net Receivables	37.5B	8.6B	23.5B	98.8B	77.3B	81.1B
Common Stock Shares Outstanding	538.0M	543.1M	698.3M	690.9M	742M	779.1M
Liabilities And Stockholders Equity	627.2B	222.8B	372.8B	711.6B	2.2T	2.4T
Non Current Liabilities Total	361.2B	117.9B	116.6B	253.1B	1.1T	1.1T
Inventory	7.0B	186M	318M	475M	1.5B	1.0B
Other Current Assets	48.1B	(16.8B)	(46.8B)	(74.7B)	(111.5B)	(105.9B)
Other Stockholder Equity	1.9B	26.0B	(42.6B)	(483.6B)	441.2B	463.3B
Total Liab	504.5B	140.1B	203.1B	324.3B	1.1T	1.1T
Property Plant And Equipment Gross	57.6B	11.0B	19.8B	37.1B	140.8B	147.8B
Total Current Assets	205.7B	13.9B	42.4B	70.2B	28.3B	29.4B
Accumulated Other Comprehensive Income	15.8B	43.0B	20.0B	71.7B	310.1B	325.6B
Short Term Debt	83.2B	15.5B	61.8B	41.0B	181.4B	190.5B
Intangible Assets	22.1B	2.3B	3.2B	7.5B	62.8B	65.9B
Common Stock	14.1B	21.3B	35.1B	83.2B	7.2B	7.6B
Other Liab	50.0B	70.3B	102.4B	183.1B	210.6B	221.1B
Current Deferred Revenue	4.2B	7.2B	1.5B	4.7B	17.1B	18.0B
Other Assets	258.2B	188.1B	300.8B	6.9B	(2.7T)	(2.5T)
Long Term Debt	297.8B	46.7B	13.1B	67.3B	185.3B	194.6B
Short Term Investments	22.8B	3.2B	18.4B	34.4B	120.7B	126.7B
Property Plant Equipment	57.6B	5.0B	9.2B	13.1B	15.0B	13.7B
Good Will	5.6B	135M	221M	476M	1.8B	1.1B
Long Term Investments	77.9B	13.4B	17.0B	39.0B	139.6B	146.5B
Short Long Term Debt	78.3B	15.4B	61.7B	40.6B	181.4B	190.5B
Net Tangible Assets	29.3B	59.4B	155.5B	357B	410.6B	431.1B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for IRSA Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC