IAG Total Assets vs Good Will Analysis

IAG Stock

CAD 130.32 1.50 1.16%

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 Total Assets and its Good Will 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.

Total Assets vs Good Will

Total Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iA Financial Total Assets account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between IA Financial's Total Assets and Good Will is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Good Will 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 Total Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of iA Financial are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Assets i.e., IA Financial's Total Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of IA Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in iA Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 18th of February 2025, Sales General And Administrative To Revenue is likely to grow to 0.25, while Tax Provision is likely to drop about 178.6 M.

	2022	2023	2024	2025 (projected)
Gross Profit	6.5B	11.2B	12.9B	7.9B
Total Revenue	6.5B	7.9B	9.1B	7.7B

Gross Profit Total Revenue

IA Financial fundamental ratios Correlations

	Total Stockholder Equity	Retained Earnings	Common Stock Shares Outstanding	Other Stockholder Equity	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock
Total Stockholder Equity		0.98	0.81	-0.22	0.99	0.96	-0.32	-0.2	0.87	0.39	0.93	0.77	0.68	-0.22	0.84	0.93	0.29	0.61	0.13	0.27	0.99	0.86	0.27	-0.1	0.75	0.78
Retained Earnings	0.98		0.72	-0.18	0.98	0.98	-0.36	-0.28	0.83	0.48	0.92	0.81	0.74	-0.08	0.83	0.97	0.28	0.67	0.19	0.27	0.98	0.85	0.41	-0.16	0.68	0.71
Common Stock Shares Outstanding	0.81	0.72		-0.2	0.75	0.69	-0.04	0.14	0.82	0.14	0.72	0.43	0.33	-0.46	0.83	0.6	0.2	0.27	0.04	0.15	0.75	0.82	-0.11	0.07	0.92	0.92
Other Stockholder Equity	-0.22	-0.18	-0.2		-0.21	-0.16	0.45	-0.04	-0.54	0.19	-0.28	-0.01	0.08	-0.2	-0.31	-0.19	-0.44	0.14	0.2	-0.38	-0.21	-0.44	0.09	-0.15	-0.29	-0.3
Total Assets	0.99	0.98	0.75	-0.21		0.96	-0.41	-0.31	0.84	0.39	0.94	0.83	0.73	-0.17	0.8	0.95	0.33	0.68	0.08	0.32	1.0	0.84	0.33	-0.13	0.7	0.73
Short Long Term Debt Total	0.96	0.98	0.69	-0.16	0.96		-0.31	-0.26	0.8	0.47	0.88	0.8	0.74	-0.07	0.81	0.96	0.26	0.67	0.21	0.24	0.96	0.82	0.41	-0.22	0.67	0.69
Other Current Liab	-0.32	-0.36	-0.04	0.45	-0.41	-0.31		0.61	-0.38	-0.04	-0.41	-0.41	-0.22	-0.19	-0.26	-0.47	-0.56	-0.24	0.51	-0.6	-0.41	-0.4	-0.05	-0.1	-0.11	-0.11
Total Current Liabilities	-0.2	-0.28	0.14	-0.04	-0.31	-0.26	0.61		0.02	-0.36	-0.14	-0.72	-0.67	-0.05	0.11	-0.37	0.15	-0.75	-0.03	-0.01	-0.32	-0.07	-0.44	0.44	0.16	0.19
Property Plant And Equipment Net	0.87	0.83	0.82	-0.54	0.84	0.8	-0.38	0.02		0.21	0.87	0.49	0.39	-0.06	0.94	0.79	0.48	0.3	0.0	0.4	0.83	0.98	0.12	0.12	0.87	0.88
Net Debt	0.39	0.48	0.14	0.19	0.39	0.47	-0.04	-0.36	0.21		0.21	0.5	0.54	-0.12	0.24	0.42	-0.43	0.53	0.66	-0.44	0.39	0.29	0.4	-0.4	0.25	0.25
Accounts Payable	0.93	0.92	0.72	-0.28	0.94	0.88	-0.41	-0.14	0.87	0.21		0.68	0.61	-0.03	0.83	0.9	0.54	0.53	-0.07	0.53	0.93	0.84	0.32	0.16	0.7	0.73
Non Current Assets Total	0.77	0.81	0.43	-0.01	0.83	0.8	-0.41	-0.72	0.49	0.5	0.68		0.95	-0.1	0.44	0.81	0.0	0.95	0.25	0.09	0.83	0.55	0.58	-0.4	0.37	0.37
Non Currrent Assets Other	0.68	0.74	0.33	0.08	0.73	0.74	-0.22	-0.67	0.39	0.54	0.61	0.95		0.05	0.37	0.75	-0.13	0.98	0.43	0.02	0.73	0.46	0.76	-0.41	0.28	0.27
Cash And Short Term Investments	-0.22	-0.08	-0.46	-0.2	-0.17	-0.07	-0.19	-0.05	-0.06	-0.12	-0.03	-0.1	0.05		0.0	0.07	0.33	-0.03	0.07	0.39	-0.17	-0.03	0.61	0.05	-0.35	-0.37
Net Receivables	0.84	0.83	0.83	-0.31	0.8	0.81	-0.26	0.11	0.94	0.24	0.83	0.44	0.37	0.0		0.79	0.45	0.27	0.06	0.38	0.8	0.96	0.17	0.09	0.87	0.88
Good Will	0.93	0.97	0.6	-0.19	0.95	0.96	-0.47	-0.37	0.79	0.42	0.9	0.81	0.75	0.07	0.79		0.4	0.69	0.08	0.39	0.96	0.81	0.49	-0.18	0.59	0.61
Short Term Investments	0.29	0.28	0.2	-0.44	0.33	0.26	-0.56	0.15	0.48	-0.43	0.54	0.0	-0.13	0.33	0.45	0.4		-0.18	-0.72	0.9	0.33	0.42	-0.07	0.45	0.28	0.31
Non Current Liabilities Total	0.61	0.67	0.27	0.14	0.68	0.67	-0.24	-0.75	0.3	0.53	0.53	0.95	0.98	-0.03	0.27	0.69	-0.18		0.38	-0.06	0.68	0.37	0.7	-0.49	0.2	0.19
Inventory	0.13	0.19	0.04	0.2	0.08	0.21	0.51	-0.03	0.0	0.66	-0.07	0.25	0.43	0.07	0.06	0.08	-0.72	0.38		-0.68	0.08	0.05	0.53	-0.48	0.03	0.01
Other Current Assets	0.27	0.27	0.15	-0.38	0.32	0.24	-0.6	-0.01	0.4	-0.44	0.53	0.09	0.02	0.39	0.38	0.39	0.9	-0.06	-0.68		0.32	0.35	0.06	0.57	0.2	0.22
Total Liab	0.99	0.98	0.75	-0.21	1.0	0.96	-0.41	-0.32	0.83	0.39	0.93	0.83	0.73	-0.17	0.8	0.96	0.33	0.68	0.08	0.32		0.84	0.33	-0.13	0.7	0.72
Property Plant And Equipment Gross	0.86	0.85	0.82	-0.44	0.84	0.82	-0.4	-0.07	0.98	0.29	0.84	0.55	0.46	-0.03	0.96	0.81	0.42	0.37	0.05	0.35	0.84		0.19	0.03	0.88	0.88
Total Current Assets	0.27	0.41	-0.11	0.09	0.33	0.41	-0.05	-0.44	0.12	0.4	0.32	0.58	0.76	0.61	0.17	0.49	-0.07	0.7	0.53	0.06	0.33	0.19		-0.37	-0.08	-0.1
Short Term Debt	-0.1	-0.16	0.07	-0.15	-0.13	-0.22	-0.1	0.44	0.12	-0.4	0.16	-0.4	-0.41	0.05	0.09	-0.18	0.45	-0.49	-0.48	0.57	-0.13	0.03	-0.37		0.12	0.15
Common Stock Total Equity	0.75	0.68	0.92	-0.29	0.7	0.67	-0.11	0.16	0.87	0.25	0.7	0.37	0.28	-0.35	0.87	0.59	0.28	0.2	0.03	0.2	0.7	0.88	-0.08	0.12		1.0
Common Stock	0.78	0.71	0.92	-0.3	0.73	0.69	-0.11	0.19	0.88	0.25	0.73	0.37	0.27	-0.37	0.88	0.61	0.31	0.19	0.01	0.22	0.72	0.88	-0.1	0.15	1.0

Click cells to compare fundamentals

IA Financial Account Relationship Matchups

IA Financial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Stockholder Equity	6.5B	7.2B	7.1B	7.0B	8.1B	8.5B
Retained Earnings	4.2B	5.0B	5.3B	5.1B	5.8B	6.1B
Other Stockholder Equity	(990M)	(989M)	3M	17M	15.3M	16.1M
Accumulated Other Comprehensive Income	83M	(14M)	(414M)	(17M)	(15.3M)	(14.5M)
Total Assets	86.5B	94.7B	87.4B	93.8B	107.9B	113.3B
Short Long Term Debt Total	1.7B	1.6B	2.1B	1.9B	2.1B	2.3B
Other Current Liab	(2.9B)	(3.3B)	(1.2B)	(1.6B)	(1.4B)	(1.4B)
Total Current Liabilities	1.5B	2.0B	1.9B	(2.1B)	(2.4B)	(2.3B)
Property Plant And Equipment Net	390M	369M	337M	320M	368M	244.2M
Net Debt	(284M)	100M	708M	489M	562.4M	590.5M
Accounts Payable	1.5B	2.0B	1.1B	1.4B	1.6B	1.7B
Non Current Assets Total	38.6B	40.1B	34.8B	92.5B	106.3B	111.7B
Non Currrent Assets Other	(38M)	(27M)	(112M)	87.0B	100.1B	105.1B
Cash And Short Term Investments	1.9B	1.5B	1.4B	1.4B	1.2B	1.0B
Net Receivables	1.6B	1.8B	1.9B	1.6B	1.8B	915.6M
Good Will	606M	1.2B	1.3B	1.3B	1.5B	1.6B
Short Term Investments	53.0B	53.0B	7.3B	539M	619.9M	588.9M
Liabilities And Stockholders Equity	86.5B	94.7B	87.4B	93.8B	107.9B	113.3B
Non Current Liabilities Total	2.0B	2.1B	1.9B	86.6B	99.6B	104.6B
Inventory	(34.0B)	(33.9B)	(3.3B)	(2.9B)	(2.6B)	(2.8B)
Other Current Assets	34.0B	33.9B	3.3B	5.8B	6.7B	7.3B
Total Liab	80.0B	87.4B	80.3B	86.8B	99.8B	104.8B
Total Current Assets	3.6B	3.4B	3.3B	8.7B	7.9B	8.3B
Common Stock	1.7B	1.7B	1.7B	1.6B	1.8B	1.2B
Cash	1.9B	1.5B	1.4B	1.4B	1.6B	1.7B
Other Assets	44.3B	51.2B	49.4B	(7.4B)	(8.5B)	(8.0B)
Intangible Assets	1.6B	1.7B	1.8B	1.8B	2.1B	2.2B
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	1.5B	1.5B	1.5B	1.8B	2.0B	1.4B
Deferred Long Term Liab	160M	441M	598M	732M	841.8M	883.9M
Long Term Investments	35.9B	36.8B	31.3B	34.0B	39.1B	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.

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.

Pair Correlation Correlation Matching

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

IAG Total Assets vs Good Will Analysis

Total Assets vs Good Will

Total Assets vs Good Will Correlation Analysis

Correlation Coefficient

Total Assets

Good Will

IA Financial fundamental ratios Correlations

IA Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IA Financial fundamental ratios Accounts

Pair Trading with IA Financial

Other Information on Investing in IAG Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Total Assets	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Assets	+ 0.98	Retained Earnings

Non Current Liabilities Total	- 0.75	Total Current Liabilities
Inventory	- 0.72	Short Term Investments
Non Current Assets Total	- 0.72	Total Current Liabilities
Other Current Assets	- 0.68	Inventory
Non Currrent Assets Other	- 0.67	Total Current Liabilities
Other Current Assets	- 0.6	Other Current Liab