IAG Short Term Debt vs Short Long Term Debt Total Analysis
IAG Stock | CAD 133.83 0.70 0.53% |
IA Financial financial indicator trend analysis is infinitely more than just investigating iA Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iA Financial is a good investment. Please check the relationship between IA Financial Short Term Debt 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 iA Financial. 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.
Short Term Debt vs Short Long Term Debt Total
Short Term Debt 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 iA Financial Short Term Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between IA Financial's Short Term Debt and Short Long Term Debt Total is -0.1. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of iA Financial, assuming nothing else is changed. The correlation between historical values of IA Financial's Short Term Debt 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 Short Term Debt of iA Financial 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 Short Term Debt i.e., IA Financial's Short Term Debt and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Short Long Term Debt Total
Most indicators from IA Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iA Financial 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 iA Financial. 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, IA Financial's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.25, while Tax Provision is likely to drop about 178.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 15.5B | 6.5B | 11.2B | 7.9B | Total Revenue | 15.5B | 6.5B | 7.9B | 7.7B |
IA Financial fundamental ratios Correlations
Click cells to compare fundamentals
IA Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IA Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Stockholder Equity | 6.1B | 6.5B | 7.2B | 7.1B | 7.0B | 3.6B | |
Retained Earnings | 3.8B | 4.2B | 5.0B | 5.3B | 5.1B | 5.3B | |
Other Stockholder Equity | (990M) | (989M) | 3M | 17M | 15.3M | 16.1M | |
Accumulated Other Comprehensive Income | 56M | 83M | (14M) | (414M) | (17M) | (16.2M) | |
Total Assets | 73.1B | 86.5B | 94.7B | 87.4B | 93.8B | 98.5B | |
Short Long Term Debt Total | 1.3B | 1.7B | 1.6B | 2.1B | 1.9B | 2.0B | |
Other Current Liab | (2.0B) | (2.9B) | (3.3B) | (1.2B) | (1.6B) | (1.5B) | |
Total Current Liabilities | 1.2B | 1.5B | 2.0B | 1.9B | (2.1B) | (2.0B) | |
Property Plant And Equipment Net | 394M | 390M | 369M | 337M | 320M | 244.2M | |
Net Debt | 460M | (284M) | 100M | 708M | 489M | 513.5M | |
Accounts Payable | 1.2B | 1.5B | 2.0B | 1.1B | 1.4B | 758.8M | |
Non Current Assets Total | 32.9B | 38.6B | 40.1B | 34.8B | 92.5B | 97.1B | |
Non Currrent Assets Other | (28M) | (38M) | (27M) | (112M) | 87.0B | 91.4B | |
Cash And Short Term Investments | 1.1B | 1.9B | 1.5B | 1.4B | 1.4B | 1.0B | |
Net Receivables | 1.4B | 1.6B | 1.8B | 1.9B | 1.6B | 915.6M | |
Good Will | 606M | 1.2B | 1.3B | 1.3B | 1.5B | 1.6B | |
Short Term Investments | 307M | 53.0B | 53.0B | 7.3B | 539M | 512.1M | |
Liabilities And Stockholders Equity | 73.1B | 86.5B | 94.7B | 87.4B | 93.8B | 98.5B | |
Non Current Liabilities Total | 1.5B | 2.0B | 2.1B | 1.9B | 86.6B | 90.9B | |
Inventory | (2.6B) | (34.0B) | (33.9B) | (3.3B) | (2.9B) | (3.1B) | |
Other Current Assets | 2.6B | 34.0B | 33.9B | 3.3B | 5.8B | 7.3B | |
Total Liab | 67.0B | 80.0B | 87.4B | 80.3B | 86.8B | 91.1B | |
Property Plant And Equipment Gross | 256M | 277M | 394M | 390M | 448.5M | 226.2M | |
Total Current Assets | 2.5B | 3.6B | 3.4B | 3.3B | 8.7B | 9.2B | |
Short Term Debt | 302M | 328M | 367M | 240M | 730M | 0.0 | |
Common Stock Total Equity | 1.5B | 1.7B | 1.7B | 1.7B | 1.9B | 1.1B | |
Common Stock | 1.7B | 1.7B | 1.7B | 1.7B | 1.6B | 1.2B | |
Cash | 801M | 1.9B | 1.5B | 1.4B | 1.4B | 778.4M | |
Other Assets | 37.7B | 44.3B | 51.2B | 49.4B | (7.4B) | (7.0B) | |
Intangible Assets | 1.1B | 1.6B | 1.7B | 1.8B | 1.8B | 1.9B | |
Current Deferred Revenue | 1.1B | 784M | 1.3B | 1.2B | 1.4B | 712.3M | |
Other Liab | 59.7B | 70.8B | 77.3B | 68.8B | 79.2B | 60.3B | |
Net Tangible Assets | 3.9B | 3.1B | 3.7B | 3.5B | 4.0B | 3.6B | |
Long Term Debt | 652M | 1.5B | 1.5B | 1.5B | 1.8B | 1.4B | |
Deferred Long Term Liab | 160M | 441M | 598M | 732M | 841.8M | 883.9M | |
Long Term Investments | 31.3B | 35.9B | 36.8B | 31.3B | 34.0B | 28.4B | |
Property Plant Equipment | 394M | 390M | 369M | 337M | 387.6M | 296.3M |
Pair Trading with IA Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IA Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IA Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with IAG Stock
Moving against IAG Stock
The ability to find closely correlated positions to IA Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IA Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IA Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iA Financial to buy it.
The correlation of IA Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IA Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iA Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IA Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in IAG Stock
Balance Sheet is a snapshot of the financial position of iA Financial at a specified time, usually calculated after every quarter, six months, or one year. IA Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IA Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which IAG currently owns. An asset can also be divided into two categories, current and non-current.