Insurance Net Debt vs Short Term Investments 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 Net Debt and its Short Term Investments 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.

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insurance Australia Net Debt account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Insurance Australia's Net Debt and Short Term Investments is -0.13. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments 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 Net Debt 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 Net Debt of Insurance Australia 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 Net Debt i.e., Insurance Australia's Net Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Investments

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

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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