Insurance Common Stock Total Equity vs Long Term Debt Analysis

IAG Stock

8.28 0.20 2.36%

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

Common Stock Total Equity vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insurance Australia Common Stock Total Equity account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Insurance Australia's Common Stock Total Equity and Long Term Debt is 0.89. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Insurance Australia Group, assuming nothing else is changed. The correlation between historical values of Insurance Australia's Common Stock Total Equity and Long Term Debt 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 Insurance Australia Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock Total Equity i.e., Insurance Australia's Common Stock Total Equity and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Common Stock Total Equity

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

Long Term Debt

Long-term debt is a debt that Insurance Australia has held for over one year. Long-term debt appears on Insurance Australia Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Insurance Australia Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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

Selling General Administrative is likely to gain to about 303.4 M in 2024, despite the fact that Discontinued Operations is likely to grow to (14.2 M).

Insurance Australia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Non Current Liabilities Total
Total Assets		0.63	0.49	0.51	0.88	0.42	0.2	0.46	0.47	0.74	-0.74	0.85	0.84	-0.46	0.85	0.33	-0.09	0.96	0.59	0.51	-0.84	0.68	0.83	0.78	0.91	0.33
Short Long Term Debt Total	0.63		0.15	0.17	0.73	0.21	0.42	-0.18	-0.01	0.61	-0.42	0.75	0.75	-0.32	0.6	0.0	-0.01	0.75	0.65	0.24	-0.51	0.49	0.65	0.42	0.74	-0.12
Other Current Liab	0.49	0.15		1.0	0.24	0.27	0.32	0.4	0.34	0.45	0.01	0.16	0.49	-0.03	0.49	0.97	-0.63	0.36	0.37	0.75	-0.45	0.26	0.29	0.59	0.31	0.1
Total Current Liabilities	0.51	0.17	1.0		0.26	0.28	0.31	0.41	0.35	0.48	0.0	0.18	0.5	-0.02	0.51	0.97	-0.62	0.38	0.38	0.74	-0.45	0.31	0.3	0.62	0.33	0.09
Total Stockholder Equity	0.88	0.73	0.24	0.26		0.49	0.15	0.41	0.55	0.58	-0.76	0.97	0.87	-0.45	0.79	0.07	-0.02	0.96	0.68	0.33	-0.56	0.74	0.85	0.57	0.98	0.45
Net Debt	0.42	0.21	0.27	0.28	0.49		-0.48	0.66	0.52	0.02	-0.46	0.43	0.45	-0.13	0.72	0.22	-0.42	0.46	0.45	0.14	-0.14	0.28	0.43	0.22	0.47	0.54
Cash	0.2	0.42	0.32	0.31	0.15	-0.48		-0.28	-0.16	0.39	0.11	0.23	0.35	-0.24	0.05	0.28	-0.2	0.23	0.29	0.64	-0.37	-0.01	0.25	0.1	0.21	-0.24
Non Current Assets Total	0.46	-0.18	0.4	0.41	0.41	0.66	-0.28		0.84	0.01	-0.43	0.34	0.31	-0.14	0.56	0.39	-0.3	0.39	0.23	0.43	-0.21	0.21	0.34	0.29	0.39	0.85
Non Currrent Assets Other	0.47	-0.01	0.34	0.35	0.55	0.52	-0.16	0.84		0.14	-0.4	0.43	0.41	-0.21	0.46	0.27	-0.23	0.47	0.45	0.4	-0.09	0.37	0.35	0.21	0.51	0.92
Other Assets	0.74	0.61	0.45	0.48	0.58	0.02	0.39	0.01	0.14		-0.3	0.56	0.63	-0.28	0.52	0.32	-0.12	0.7	0.61	0.43	-0.71	0.67	0.48	0.72	0.6	-0.1
Cash And Short Term Investments	-0.74	-0.42	0.01	0.0	-0.76	-0.46	0.11	-0.43	-0.4	-0.3		-0.79	-0.65	0.74	-0.61	0.18	-0.08	-0.75	-0.43	-0.14	0.62	-0.44	-0.84	-0.3	-0.77	-0.51
Common Stock Total Equity	0.85	0.75	0.16	0.18	0.97	0.43	0.23	0.34	0.43	0.56	-0.79		0.86	-0.52	0.76	-0.02	0.0	0.96	0.65	0.33	-0.63	0.68	0.89	0.5	0.97	0.37
Common Stock Shares Outstanding	0.84	0.75	0.49	0.5	0.87	0.45	0.35	0.31	0.41	0.63	-0.65	0.86		-0.59	0.74	0.32	-0.31	0.89	0.75	0.6	-0.64	0.56	0.88	0.54	0.87	0.3
Short Term Investments	-0.46	-0.32	-0.03	-0.02	-0.45	-0.13	-0.24	-0.14	-0.21	-0.28	0.74	-0.52	-0.59		-0.25	0.15	0.23	-0.47	-0.53	-0.35	0.52	-0.1	-0.73	0.08	-0.47	-0.35
Total Liab	0.85	0.6	0.49	0.51	0.79	0.72	0.05	0.56	0.46	0.52	-0.61	0.76	0.74	-0.25		0.39	-0.32	0.85	0.65	0.47	-0.65	0.57	0.68	0.64	0.84	0.39
Total Current Assets	0.33	0.0	0.97	0.97	0.07	0.22	0.28	0.39	0.27	0.32	0.18	-0.02	0.32	0.15	0.39		-0.62	0.19	0.21	0.7	-0.31	0.15	0.1	0.53	0.14	0.04
Short Term Debt	-0.09	-0.01	-0.63	-0.62	-0.02	-0.42	-0.2	-0.3	-0.23	-0.12	-0.08	0.0	-0.31	0.23	-0.32	-0.62		-0.08	-0.57	-0.58	0.08	0.0	-0.15	0.06	-0.08	-0.2
Common Stock	0.96	0.75	0.36	0.38	0.96	0.46	0.23	0.39	0.47	0.7	-0.75	0.96	0.89	-0.47	0.85	0.19	-0.08		0.69	0.44	-0.75	0.71	0.87	0.66	0.97	0.35
Other Liab	0.59	0.65	0.37	0.38	0.68	0.45	0.29	0.23	0.45	0.61	-0.43	0.65	0.75	-0.53	0.65	0.21	-0.57	0.69		0.48	-0.41	0.51	0.59	0.2	0.71	0.36
Property Plant And Equipment Net	0.51	0.24	0.75	0.74	0.33	0.14	0.64	0.43	0.4	0.43	-0.14	0.33	0.6	-0.35	0.47	0.7	-0.58	0.44	0.48		-0.55	0.06	0.44	0.33	0.39	0.31
Retained Earnings	-0.84	-0.51	-0.45	-0.45	-0.56	-0.14	-0.37	-0.21	-0.09	-0.71	0.62	-0.63	-0.64	0.52	-0.65	-0.31	0.08	-0.75	-0.41	-0.55		-0.35	-0.72	-0.62	-0.64	-0.02
Accounts Payable	0.68	0.49	0.26	0.31	0.74	0.28	-0.01	0.21	0.37	0.67	-0.44	0.68	0.56	-0.1	0.57	0.15	0.0	0.71	0.51	0.06	-0.35		0.46	0.69	0.74	0.16
Long Term Debt	0.83	0.65	0.29	0.3	0.85	0.43	0.25	0.34	0.35	0.48	-0.84	0.89	0.88	-0.73	0.68	0.1	-0.15	0.87	0.59	0.44	-0.72	0.46		0.43	0.84	0.34
Net Receivables	0.78	0.42	0.59	0.62	0.57	0.22	0.1	0.29	0.21	0.72	-0.3	0.5	0.54	0.08	0.64	0.53	0.06	0.66	0.2	0.33	-0.62	0.69	0.43		0.59	-0.05
Good Will	0.91	0.74	0.31	0.33	0.98	0.47	0.21	0.39	0.51	0.6	-0.77	0.97	0.87	-0.47	0.84	0.14	-0.08	0.97	0.71	0.39	-0.64	0.74	0.84	0.59		0.41
Non Current Liabilities Total	0.33	-0.12	0.1	0.09	0.45	0.54	-0.24	0.85	0.92	-0.1	-0.51	0.37	0.3	-0.35	0.39	0.04	-0.2	0.35	0.36	0.31	-0.02	0.16	0.34	-0.05	0.41

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Insurance Australia Account Relationship Matchups

Insurance Australia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.6B	33.5B	34.2B	35.0B	25.6B	25.0B
Short Long Term Debt Total	2.3B	2.7B	2.7B	2.7B	2.9B	2.0B
Other Current Liab	11.4B	14.9B	15.4B	14.9B	(118M)	(112.1M)
Total Current Liabilities	13.5B	16.5B	17.1B	16.7B	1.1B	1.0B
Total Stockholder Equity	6.1B	6.2B	6.2B	6.7B	6.7B	5.3B
Net Debt	(117M)	574M	1.6B	1.3B	1.1B	715.3M
Cash	2.3B	2.0B	938M	1.4B	1.8B	975.7M
Non Current Assets Total	16.9B	19.7B	20.5B	20.7B	16.5B	14.0B
Non Currrent Assets Other	8.6B	14.3B	12.1B	12.2B	11.2B	11.8B
Other Assets	22.6B	26.6B	28.1B	28.3B	7.2B	10.5B
Cash And Short Term Investments	2.3B	2.0B	938M	1.4B	631M	599.5M
Common Stock Shares Outstanding	2.5B	2.4B	2.8B	2.8B	2.8B	2.2B
Short Term Investments	2.0B	1.7B	588M	882M	(1.2B)	(1.1B)
Liabilities And Stockholders Equity	29.6B	33.5B	34.2B	35.0B	25.6B	25.0B
Total Liab	23.3B	26.9B	27.7B	28.0B	18.5B	18.1B
Total Current Assets	12.8B	13.8B	13.6B	14.3B	1.8B	1.7B
Other Liab	6.7B	8.2B	8.1B	7.5B	8.6B	9.0B
Property Plant And Equipment Net	663M	610M	592M	591M	520M	322.3M
Retained Earnings	(521M)	(1.1B)	(1.2B)	(638M)	(195M)	(204.8M)
Accounts Payable	2.0B	1.5B	1.6B	1.7B	983M	1.1B
Long Term Debt	1.5B	2.0B	2.0B	2.1B	2.5B	1.5B
Net Receivables	4.1B	4.4B	4.6B	5.6B	822M	780.9M
Good Will	2.9B	2.8B	2.8B	2.8B	2.8B	2.2B
Non Current Liabilities Total	9.8B	10.4B	10.6B	11.3B	17.3B	18.2B
Other Current Assets	12.8B	13.8B	13.6B	14.3B	9.1B	10.8B
Other Stockholder Equity	(49M)	(33M)	(24M)	(21M)	(18.9M)	(19.8M)
Accumulated Other Comprehensive Income	30M	13M	3M	45M	40M	44.8M
Property Plant Equipment	663M	610M	592M	591M	679.7M	713.6M
Current Deferred Revenue	31M	124M	13M	33M	29.7M	28.2M
Treasury Stock	(27M)	(48M)	(49M)	(33M)	(29.7M)	(31.2M)
Net Tangible Assets	2.9B	3.0B	2.8B	3.0B	2.7B	2.5B
Deferred Long Term Liab	2.7B	2.7B	2.9B	3.3B	3.8B	2.6B
Long Term Investments	8.5B	10.8B	11.3B	11.0B	12.9B	8.6B

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