Qbe Common Stock Total Equity vs Short Term Investments Analysis

QBE Stock

20.00 0.24 1.21%

Qbe Insurance financial indicator trend analysis is much more than just breaking down Qbe Insurance Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qbe Insurance Group is a good investment. Please check the relationship between Qbe Insurance Common Stock Total Equity and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qbe Insurance 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.

Common Stock Total Equity vs Short Term Investments

Common Stock Total Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qbe Insurance Group Common Stock Total Equity account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Qbe Insurance's Common Stock Total Equity and Short Term Investments is -0.43. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Qbe Insurance Group, assuming nothing else is changed. The correlation between historical values of Qbe Insurance's Common Stock Total Equity and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Qbe Insurance Group are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Qbe Insurance's Common Stock Total Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Short Term Investments

Short Term Investments is an item under the current assets section of Qbe Insurance balance sheet. It contains any investments Qbe Insurance Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Qbe Insurance Group can easily liquidate in the marketplace.

Most indicators from Qbe Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qbe Insurance Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qbe Insurance 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.

At this time, Qbe Insurance's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 496.6 M in 2024, whereas Discontinued Operations is likely to drop (19.8 M) in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	12.3B	18.2B	17.4B	18.3B
Interest Expense	238.5M	241.5M	232M	142.3M

Other Operating Expenses Interest Expense

Qbe Insurance fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.94	0.26	0.32	0.96	0.65	0.26	0.88	0.6	0.47	0.7	0.22	0.52	0.19	0.61	0.69	0.51	0.8	0.38	-0.07	0.17	0.62	-0.09	1.0	0.2	0.63
Short Long Term Debt Total	0.94		0.09	0.25	0.88	0.81	0.12	0.94	0.47	0.57	0.72	0.1	0.7	0.16	0.62	0.83	0.42	0.72	0.51	-0.13	0.16	0.69	-0.01	0.94	0.26	0.7
Other Current Liab	0.26	0.09		0.88	0.19	-0.27	0.2	0.26	0.24	0.41	-0.28	0.08	0.22	0.4	-0.38	0.06	0.05	0.28	-0.13	-0.19	-0.34	0.05	-0.33	0.28	-0.37	0.0
Total Current Liabilities	0.32	0.25	0.88		0.18	-0.02	0.02	0.47	0.07	0.63	-0.27	-0.07	0.42	0.46	-0.39	0.27	0.02	0.34	0.04	-0.34	-0.36	0.12	-0.28	0.36	-0.33	0.07
Total Stockholder Equity	0.96	0.88	0.19	0.18		0.59	0.34	0.8	0.72	0.31	0.71	0.21	0.45	0.24	0.61	0.67	0.51	0.82	0.38	-0.01	0.23	0.52	-0.18	0.93	0.19	0.56
Property Plant And Equipment Net	0.65	0.81	-0.27	-0.02	0.59		-0.22	0.7	0.07	0.57	0.64	0.13	0.5	-0.01	0.58	0.65	0.4	0.58	0.36	0.03	0.05	0.43	0.19	0.66	0.58	0.43
Current Deferred Revenue	0.26	0.12	0.2	0.02	0.34	-0.22		0.12	0.72	-0.15	0.2	0.12	-0.03	-0.05	0.23	-0.05	0.12	0.07	0.09	-0.05	0.29	0.25	-0.1	0.23	-0.2	0.28
Net Debt	0.88	0.94	0.26	0.47	0.8	0.7	0.12		0.43	0.65	0.46	0.05	0.7	0.28	0.36	0.8	0.39	0.72	0.48	-0.22	0.1	0.58	-0.11	0.9	0.15	0.6
Retained Earnings	0.6	0.47	0.24	0.07	0.72	0.07	0.72	0.43		-0.06	0.52	-0.02	0.26	0.23	0.51	0.3	0.1	0.29	0.41	-0.25	0.56	0.47	-0.33	0.56	-0.24	0.58
Accounts Payable	0.47	0.57	0.41	0.63	0.31	0.57	-0.15	0.65	-0.06		0.1	0.07	0.53	0.35	0.02	0.5	0.22	0.43	0.15	-0.2	-0.22	0.25	-0.05	0.51	0.21	0.23
Cash	0.7	0.72	-0.28	-0.27	0.71	0.64	0.2	0.46	0.52	0.1		0.13	0.37	-0.21	0.98	0.44	0.24	0.35	0.41	0.0	0.41	0.71	0.16	0.69	0.27	0.74
Non Current Assets Total	0.22	0.1	0.08	-0.07	0.21	0.13	0.12	0.05	-0.02	0.07	0.13		-0.38	-0.34	0.09	-0.3	0.86	0.47	-0.75	0.87	-0.35	-0.3	-0.06	0.21	0.76	-0.32
Non Currrent Assets Other	0.52	0.7	0.22	0.42	0.45	0.5	-0.03	0.7	0.26	0.53	0.37	-0.38		0.28	0.27	0.79	-0.19	0.23	0.64	-0.46	0.07	0.69	-0.09	0.54	-0.23	0.73
Other Assets	0.19	0.16	0.4	0.46	0.24	-0.01	-0.05	0.28	0.23	0.35	-0.21	-0.34	0.28		-0.26	0.39	-0.13	0.19	0.35	-0.44	0.27	-0.13	-0.74	0.17	-0.35	0.04
Cash And Short Term Investments	0.61	0.62	-0.38	-0.39	0.61	0.58	0.23	0.36	0.51	0.02	0.98	0.09	0.27	-0.26		0.33	0.16	0.21	0.42	-0.04	0.53	0.69	0.18	0.6	0.25	0.74
Net Receivables	0.69	0.83	0.06	0.27	0.67	0.65	-0.05	0.8	0.3	0.5	0.44	-0.3	0.79	0.39	0.33		0.12	0.54	0.72	-0.33	0.08	0.59	0.01	0.69	-0.01	0.6
Common Stock Total Equity	0.51	0.42	0.05	0.02	0.51	0.4	0.12	0.39	0.1	0.22	0.24	0.86	-0.19	-0.13	0.16	0.12		0.77	-0.43	0.73	-0.3	-0.14	-0.03	0.5	0.79	-0.18
Common Stock Shares Outstanding	0.8	0.72	0.28	0.34	0.82	0.58	0.07	0.72	0.29	0.43	0.35	0.47	0.23	0.19	0.21	0.54	0.77		-0.02	0.31	-0.27	0.11	-0.11	0.79	0.46	0.08
Short Term Investments	0.38	0.51	-0.13	0.04	0.38	0.36	0.09	0.48	0.41	0.15	0.41	-0.75	0.64	0.35	0.42	0.72	-0.43	-0.02		-0.8	0.57	0.71	0.06	0.38	-0.43	0.76
Non Current Liabilities Total	-0.07	-0.13	-0.19	-0.34	-0.01	0.03	-0.05	-0.22	-0.25	-0.2	0.0	0.87	-0.46	-0.44	-0.04	-0.33	0.73	0.31	-0.8		-0.47	-0.49	0.04	-0.09	0.75	-0.52
Inventory	0.17	0.16	-0.34	-0.36	0.23	0.05	0.29	0.1	0.56	-0.22	0.41	-0.35	0.07	0.27	0.53	0.08	-0.3	-0.27	0.57	-0.47		0.33	-0.34	0.14	-0.27	0.54
Other Current Assets	0.62	0.69	0.05	0.12	0.52	0.43	0.25	0.58	0.47	0.25	0.71	-0.3	0.69	-0.13	0.69	0.59	-0.14	0.11	0.71	-0.49	0.33		0.31	0.64	-0.21	0.95
Other Stockholder Equity	-0.09	-0.01	-0.33	-0.28	-0.18	0.19	-0.1	-0.11	-0.33	-0.05	0.16	-0.06	-0.09	-0.74	0.18	0.01	-0.03	-0.11	0.06	0.04	-0.34	0.31		-0.07	0.2	0.05
Total Liab	1.0	0.94	0.28	0.36	0.93	0.66	0.23	0.9	0.56	0.51	0.69	0.21	0.54	0.17	0.6	0.69	0.5	0.79	0.38	-0.09	0.14	0.64	-0.07		0.2	0.64
Property Plant And Equipment Gross	0.2	0.26	-0.37	-0.33	0.19	0.58	-0.2	0.15	-0.24	0.21	0.27	0.76	-0.23	-0.35	0.25	-0.01	0.79	0.46	-0.43	0.75	-0.27	-0.21	0.2	0.2		-0.24
Total Current Assets	0.63	0.7	0.0	0.07	0.56	0.43	0.28	0.6	0.58	0.23	0.74	-0.32	0.73	0.04	0.74	0.6	-0.18	0.08	0.76	-0.52	0.54	0.95	0.05	0.64	-0.24

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Qbe Insurance Account Relationship Matchups

Qbe Insurance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.7B	40.6B	43.2B	33.2B	42.1B	24.5B
Short Long Term Debt Total	3.5B	4.2B	4.1B	3.5B	3.1B	2.1B
Other Current Liab	14.8B	(29.8M)	17.5B	(7.2B)	(253.4M)	(240.8M)
Total Current Liabilities	16.5B	19.7B	21.0B	(6.4B)	(6.7B)	(6.4B)
Total Stockholder Equity	8.2B	7.6B	8.9B	8.9B	9.9B	5.3B
Property Plant And Equipment Net	445.2M	546.6M	481.5M	430.3M	382.1M	227.2M
Net Debt	2.8B	3.5B	2.8B	2.2B	1.7B	1.4B
Retained Earnings	1.9B	116.3M	711.8M	984.6M	1.8B	1.5B
Accounts Payable	1.6B	2.2B	3.0B	349.7M	431.0M	409.5M
Cash	547.3M	761.3M	816.5M	839.4M	1.4B	705.5M
Non Current Assets Total	30.4B	34.1B	35.3B	31.9B	58.5B	61.4B
Non Currrent Assets Other	21.8B	25.3B	27.2B	24.1B	(19.9B)	(18.9B)
Cash And Short Term Investments	384.7M	587.4M	593.6M	569.3M	1.4B	698.5M
Net Receivables	3.3B	4.3B	5.2B	5.7B	519M	493.1M
Common Stock Total Equity	11.4B	11.1B	10.8B	13.3B	15.3B	16.1B
Common Stock Shares Outstanding	1.3B	1.4B	1.5B	1.5B	1.5B	940.0M
Short Term Investments	(162.6M)	(173.8M)	(222.9M)	(270.2M)	(15.2B)	(14.4B)
Liabilities And Stockholders Equity	35.7B	40.6B	43.2B	33.2B	42.1B	25.1B
Non Current Liabilities Total	11.0B	13.4B	13.4B	30.7B	33.1B	34.8B
Inventory	(3.6B)	(3.9B)	(5.7B)	(6.3B)	(1.3B)	(1.3B)
Other Current Assets	5.3B	6.5B	8.0B	1.3B	1.9B	1.8B
Other Stockholder Equity	(1.0M)	(993.8K)	(2.0M)	(1.0M)	(3.0M)	(3.1M)
Total Liab	27.6B	33.0B	34.4B	24.3B	32.2B	18.9B
Property Plant And Equipment Gross	353.8M	277.7M	635.2M	714.1M	821.2M	862.3M
Total Current Assets	5.3B	6.5B	8.0B	1.3B	1.9B	1.8B
Accumulated Other Comprehensive Income	(1.3B)	(1.9B)	(719.8M)	(480.7M)	(386.1M)	(405.4M)
Short Term Debt	60.0M	266.3M	496.5M	458.5M	756.3M	794.1M
Intangible Assets	2.8B	2.5B	2.4B	2.0B	516M	954.7M
Common Stock	7.6B	9.3B	8.9B	8.4B	8.5B	4.4B
Good Will	2.3B	2.1B	2.0B	1.6B	1.6B	1.8B
Other Liab	13.1B	16.5B	16.1B	14.6B	16.8B	17.6B
Long Term Debt	3.1B	3.0B	3.3B	2.7B	2.8B	2.9B
Property Plant Equipment	445M	550M	483M	427M	491.1M	346.2M
Net Tangible Assets	5.4B	6.0B	6.5B	7.0B	6.3B	5.1B
Deferred Long Term Liab	1.6B	2.0B	2.4B	2.6B	3.0B	2.1B
Long Term Investments	27.2B	26.4B	18.1B	16.3B	17.4B	17.8B

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