Insurance Other Assets vs Short Long Term Debt Total 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 Other Assets and its Short Long Term Debt Total 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.

Other Assets vs Short Long Term Debt Total

Other Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insurance Australia Other Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Insurance Australia's Other Assets and Short Long Term Debt Total is 0.61. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Short Long Term Debt Total 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 Other Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Insurance Australia Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Assets i.e., Insurance Australia's Other Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Short Long Term Debt Total

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

0.630.490.510.880.420.20.460.470.74-0.740.850.84-0.460.850.33-0.090.960.590.51-0.840.680.830.780.910.33
0.630.150.170.730.210.42-0.18-0.010.61-0.420.750.75-0.320.60.0-0.010.750.650.24-0.510.490.650.420.74-0.12
0.490.151.00.240.270.320.40.340.450.010.160.49-0.030.490.97-0.630.360.370.75-0.450.260.290.590.310.1
0.510.171.00.260.280.310.410.350.480.00.180.5-0.020.510.97-0.620.380.380.74-0.450.310.30.620.330.09
0.880.730.240.260.490.150.410.550.58-0.760.970.87-0.450.790.07-0.020.960.680.33-0.560.740.850.570.980.45
0.420.210.270.280.49-0.480.660.520.02-0.460.430.45-0.130.720.22-0.420.460.450.14-0.140.280.430.220.470.54
0.20.420.320.310.15-0.48-0.28-0.160.390.110.230.35-0.240.050.28-0.20.230.290.64-0.37-0.010.250.10.21-0.24
0.46-0.180.40.410.410.66-0.280.840.01-0.430.340.31-0.140.560.39-0.30.390.230.43-0.210.210.340.290.390.85
0.47-0.010.340.350.550.52-0.160.840.14-0.40.430.41-0.210.460.27-0.230.470.450.4-0.090.370.350.210.510.92
0.740.610.450.480.580.020.390.010.14-0.30.560.63-0.280.520.32-0.120.70.610.43-0.710.670.480.720.6-0.1
-0.74-0.420.010.0-0.76-0.460.11-0.43-0.4-0.3-0.79-0.650.74-0.610.18-0.08-0.75-0.43-0.140.62-0.44-0.84-0.3-0.77-0.51
0.850.750.160.180.970.430.230.340.430.56-0.790.86-0.520.76-0.020.00.960.650.33-0.630.680.890.50.970.37
0.840.750.490.50.870.450.350.310.410.63-0.650.86-0.590.740.32-0.310.890.750.6-0.640.560.880.540.870.3
-0.46-0.32-0.03-0.02-0.45-0.13-0.24-0.14-0.21-0.280.74-0.52-0.59-0.250.150.23-0.47-0.53-0.350.52-0.1-0.730.08-0.47-0.35
0.850.60.490.510.790.720.050.560.460.52-0.610.760.74-0.250.39-0.320.850.650.47-0.650.570.680.640.840.39
0.330.00.970.970.070.220.280.390.270.320.18-0.020.320.150.39-0.620.190.210.7-0.310.150.10.530.140.04
-0.09-0.01-0.63-0.62-0.02-0.42-0.2-0.3-0.23-0.12-0.080.0-0.310.23-0.32-0.62-0.08-0.57-0.580.080.0-0.150.06-0.08-0.2
0.960.750.360.380.960.460.230.390.470.7-0.750.960.89-0.470.850.19-0.080.690.44-0.750.710.870.660.970.35
0.590.650.370.380.680.450.290.230.450.61-0.430.650.75-0.530.650.21-0.570.690.48-0.410.510.590.20.710.36
0.510.240.750.740.330.140.640.430.40.43-0.140.330.6-0.350.470.7-0.580.440.48-0.550.060.440.330.390.31
-0.84-0.51-0.45-0.45-0.56-0.14-0.37-0.21-0.09-0.710.62-0.63-0.640.52-0.65-0.310.08-0.75-0.41-0.55-0.35-0.72-0.62-0.64-0.02
0.680.490.260.310.740.28-0.010.210.370.67-0.440.680.56-0.10.570.150.00.710.510.06-0.350.460.690.740.16
0.830.650.290.30.850.430.250.340.350.48-0.840.890.88-0.730.680.1-0.150.870.590.44-0.720.460.430.840.34
0.780.420.590.620.570.220.10.290.210.72-0.30.50.540.080.640.530.060.660.20.33-0.620.690.430.59-0.05
0.910.740.310.330.980.470.210.390.510.6-0.770.970.87-0.470.840.14-0.080.970.710.39-0.640.740.840.590.41
0.33-0.120.10.090.450.54-0.240.850.92-0.1-0.510.370.3-0.350.390.04-0.20.350.360.31-0.020.160.34-0.050.41
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Insurance Australia Account Relationship Matchups

Insurance Australia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.6B33.5B34.2B35.0B25.6B25.0B
Short Long Term Debt Total2.3B2.7B2.7B2.7B2.9B2.0B
Other Current Liab11.4B14.9B15.4B14.9B(118M)(112.1M)
Total Current Liabilities13.5B16.5B17.1B16.7B1.1B1.0B
Total Stockholder Equity6.1B6.2B6.2B6.7B6.7B5.3B
Net Debt(117M)574M1.6B1.3B1.1B715.3M
Cash2.3B2.0B938M1.4B1.8B975.7M
Non Current Assets Total16.9B19.7B20.5B20.7B16.5B14.0B
Non Currrent Assets Other8.6B14.3B12.1B12.2B11.2B11.8B
Other Assets22.6B26.6B28.1B28.3B7.2B10.5B
Cash And Short Term Investments2.3B2.0B938M1.4B631M599.5M
Common Stock Shares Outstanding2.5B2.4B2.8B2.8B2.8B2.2B
Short Term Investments2.0B1.7B588M882M(1.2B)(1.1B)
Liabilities And Stockholders Equity29.6B33.5B34.2B35.0B25.6B25.0B
Total Liab23.3B26.9B27.7B28.0B18.5B18.1B
Total Current Assets12.8B13.8B13.6B14.3B1.8B1.7B
Other Liab6.7B8.2B8.1B7.5B8.6B9.0B
Property Plant And Equipment Net663M610M592M591M520M322.3M
Retained Earnings(521M)(1.1B)(1.2B)(638M)(195M)(204.8M)
Accounts Payable2.0B1.5B1.6B1.7B983M1.1B
Long Term Debt1.5B2.0B2.0B2.1B2.5B1.5B
Net Receivables4.1B4.4B4.6B5.6B822M780.9M
Good Will2.9B2.8B2.8B2.8B2.8B2.2B
Non Current Liabilities Total9.8B10.4B10.6B11.3B17.3B18.2B
Other Current Assets12.8B13.8B13.6B14.3B9.1B10.8B
Other Stockholder Equity(49M)(33M)(24M)(21M)(18.9M)(19.8M)
Accumulated Other Comprehensive Income30M13M3M45M40M44.8M
Property Plant Equipment663M610M592M591M679.7M713.6M
Current Deferred Revenue31M124M13M33M29.7M28.2M
Treasury Stock(27M)(48M)(49M)(33M)(29.7M)(31.2M)
Net Tangible Assets2.9B3.0B2.8B3.0B2.7B2.5B
Deferred Long Term Liab2.7B2.7B2.9B3.3B3.8B2.6B
Long Term Investments8.5B10.8B11.3B11.0B12.9B8.6B

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