Iluka Net Debt vs Net Receivables Analysis

ILU Stock

5.64 0.12 2.17%

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

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iluka Resources Net Debt account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Iluka Resources' Net Debt and Net Receivables is -0.52. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Iluka Resources, assuming nothing else is changed. The correlation between historical values of Iluka Resources' Net Debt and Net Receivables 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 Iluka Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., Iluka Resources' Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

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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.

Net Receivables

Most indicators from Iluka Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iluka Resources 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 Iluka Resources. 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 drop to about 44 M in 2024. Tax Provision is likely to drop to about 120.7 M in 2024

	2021	2022	2023	2024 (projected)
Other Operating Expenses	838.6M	927.7M	679.3M	600.5M
Interest Expense	6.3M	6M	7.8M	7.4M

Other Operating Expenses Interest Expense

Iluka Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Current Assets	Current Deferred Revenue
Total Assets		0.14	0.06	0.65	0.72	0.8	-0.28	0.4	0.45	0.54	0.94	0.1	0.54	0.77	0.89	0.87	0.62	0.74	-0.66	0.79	0.58	0.74	-0.14	0.85	0.05	0.23
Short Long Term Debt Total	0.14		0.01	-0.24	0.14	0.29	0.67	0.0	0.08	-0.03	0.01	0.0	-0.03	0.05	0.17	0.2	0.06	0.32	-0.12	0.27	-0.03	0.18	0.84	0.18	0.41	0.06
Other Current Liab	0.06	0.01		0.2	0.07	0.46	0.2	-0.03	-0.54	-0.26	0.07	-0.03	-0.26	0.06	0.23	0.13	-0.29	-0.02	-0.59	-0.19	-0.32	-0.15	0.21	0.27	-0.3	-0.59
Total Current Liabilities	0.65	-0.24	0.2		0.41	0.69	-0.47	0.1	0.5	0.45	0.68	-0.2	0.45	0.6	0.64	0.65	0.42	0.35	-0.54	0.68	0.41	0.5	-0.41	0.64	0.15	0.27
Total Stockholder Equity	0.72	0.14	0.07	0.41		0.61	-0.45	0.86	0.39	0.72	0.71	0.37	0.72	0.67	0.5	0.64	0.39	0.9	-0.52	0.35	0.79	0.91	-0.16	0.47	-0.21	-0.01
Property Plant And Equipment Net	0.8	0.29	0.46	0.69	0.61		0.04	0.21	0.21	0.22	0.77	-0.09	0.22	0.58	0.87	0.86	0.31	0.67	-0.84	0.64	0.26	0.53	0.09	0.87	0.16	0.02
Net Debt	-0.28	0.67	0.2	-0.47	-0.45	0.04		-0.56	-0.37	-0.76	-0.34	-0.26	-0.76	-0.52	0.0	-0.08	-0.32	-0.18	-0.02	-0.07	-0.66	-0.54	0.8	0.03	0.38	-0.11
Retained Earnings	0.4	0.0	-0.03	0.1	0.86	0.21	-0.56		0.19	0.73	0.43	0.52	0.73	0.55	0.05	0.17	0.24	0.63	-0.15	-0.06	0.75	0.75	-0.2	-0.01	-0.54	-0.22
Accounts Payable	0.45	0.08	-0.54	0.5	0.39	0.21	-0.37	0.19		0.55	0.47	-0.14	0.55	0.43	0.33	0.48	0.5	0.48	0.04	0.7	0.7	0.63	-0.18	0.3	0.47	0.63
Cash	0.54	-0.03	-0.26	0.45	0.72	0.22	-0.76	0.73	0.55		0.5	0.34	1.0	0.78	0.2	0.3	0.52	0.5	-0.1	0.36	0.85	0.88	-0.35	0.15	-0.16	0.2
Non Current Assets Total	0.94	0.01	0.07	0.68	0.71	0.77	-0.34	0.43	0.47	0.5		0.23	0.5	0.75	0.81	0.82	0.74	0.72	-0.6	0.74	0.59	0.7	-0.3	0.76	-0.08	0.08
Non Currrent Assets Other	0.1	0.0	-0.03	-0.2	0.37	-0.09	-0.26	0.52	-0.14	0.34	0.23		0.34	0.22	-0.1	-0.05	0.51	0.28	0.01	-0.14	0.31	0.33	-0.28	-0.14	-0.42	-0.45
Cash And Short Term Investments	0.54	-0.03	-0.26	0.45	0.72	0.22	-0.76	0.73	0.55	1.0	0.5	0.34		0.78	0.2	0.3	0.52	0.5	-0.1	0.36	0.85	0.88	-0.35	0.15	-0.16	0.2
Net Receivables	0.77	0.05	0.06	0.6	0.67	0.58	-0.52	0.55	0.43	0.78	0.75	0.22	0.78		0.55	0.54	0.59	0.53	-0.45	0.54	0.73	0.8	-0.23	0.49	-0.11	0.05
Common Stock Total Equity	0.89	0.17	0.23	0.64	0.5	0.87	0.0	0.05	0.33	0.2	0.81	-0.1	0.2	0.55		0.95	0.42	0.65	-0.78	0.8	0.28	0.49	-0.02	0.99	0.32	0.27
Common Stock Shares Outstanding	0.87	0.2	0.13	0.65	0.64	0.86	-0.08	0.17	0.48	0.3	0.82	-0.05	0.3	0.54	0.95		0.45	0.8	-0.77	0.81	0.43	0.63	-0.07	0.96	0.36	0.33
Non Current Liabilities Total	0.62	0.06	-0.29	0.42	0.39	0.31	-0.32	0.24	0.5	0.52	0.74	0.51	0.52	0.59	0.42	0.45		0.4	-0.18	0.68	0.51	0.55	-0.38	0.39	0.01	0.09
Inventory	0.74	0.32	-0.02	0.35	0.9	0.67	-0.18	0.63	0.48	0.5	0.72	0.28	0.5	0.53	0.65	0.8	0.4		-0.53	0.53	0.67	0.84	0.01	0.62	0.11	0.19
Other Stockholder Equity	-0.66	-0.12	-0.59	-0.54	-0.52	-0.84	-0.02	-0.15	0.04	-0.1	-0.6	0.01	-0.1	-0.45	-0.78	-0.77	-0.18	-0.53		-0.44	-0.2	-0.37	0.03	-0.82	-0.05	0.1
Total Liab	0.79	0.27	-0.19	0.68	0.35	0.64	-0.07	-0.06	0.7	0.36	0.74	-0.14	0.36	0.54	0.8	0.81	0.68	0.53	-0.44		0.41	0.54	-0.05	0.79	0.53	0.55
Property Plant And Equipment Gross	0.58	-0.03	-0.32	0.41	0.79	0.26	-0.66	0.75	0.7	0.85	0.59	0.31	0.85	0.73	0.28	0.43	0.51	0.67	-0.2	0.41		0.89	-0.34	0.23	-0.07	0.21
Total Current Assets	0.74	0.18	-0.15	0.5	0.91	0.53	-0.54	0.75	0.63	0.88	0.7	0.33	0.88	0.8	0.49	0.63	0.55	0.84	-0.37	0.54	0.89		-0.19	0.45	0.02	0.23
Short Term Debt	-0.14	0.84	0.21	-0.41	-0.16	0.09	0.8	-0.2	-0.18	-0.35	-0.3	-0.28	-0.35	-0.23	-0.02	-0.07	-0.38	0.01	0.03	-0.05	-0.34	-0.19		-0.01	0.33	0.01
Common Stock	0.85	0.18	0.27	0.64	0.47	0.87	0.03	-0.01	0.3	0.15	0.76	-0.14	0.15	0.49	0.99	0.96	0.39	0.62	-0.82	0.79	0.23	0.45	-0.01		0.35	0.28
Other Current Assets	0.05	0.41	-0.3	0.15	-0.21	0.16	0.38	-0.54	0.47	-0.16	-0.08	-0.42	-0.16	-0.11	0.32	0.36	0.01	0.11	-0.05	0.53	-0.07	0.02	0.33	0.35		0.71
Current Deferred Revenue	0.23	0.06	-0.59	0.27	-0.01	0.02	-0.11	-0.22	0.63	0.2	0.08	-0.45	0.2	0.05	0.27	0.33	0.09	0.19	0.1	0.55	0.21	0.23	0.01	0.28	0.71

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Iluka Resources Account Relationship Matchups

Iluka Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.5B	2.8B	3.2B	3.3B	1.8B
Short Long Term Debt Total	84M	60.2M	35.9M	62.5M	163.7M	264.4M
Other Current Liab	20.2M	65.7M	72.1M	(49.4M)	23.1M	21.9M
Total Current Liabilities	362.4M	261.2M	312.6M	373.8M	287.7M	233.9M
Total Stockholder Equity	709.6M	1.3B	1.6B	1.9B	2.2B	2.3B
Property Plant And Equipment Net	1.1B	1.1B	1.0B	1.1B	1.4B	1.0B
Net Debt	(13.3M)	(26.9M)	(258.9M)	(459.2M)	(201.2M)	(191.1M)
Retained Earnings	(472M)	104.3M	413.9M	748.6M	993.9M	1.0B
Accounts Payable	140.8M	129.4M	174.8M	143.7M	177M	185.9M
Cash	97.3M	87.1M	294.8M	521.7M	364.9M	383.1M
Non Current Assets Total	1.4B	1.8B	1.8B	1.9B	2.2B	1.2B
Non Currrent Assets Other	102M	122.6M	65M	18.3M	334.5M	351.2M
Cash And Short Term Investments	97.3M	87.1M	294.8M	521.7M	364.9M	383.1M
Net Receivables	130.9M	81.6M	230.3M	256M	266.8M	143.3M
Common Stock Total Equity	1.1B	1.2B	1.2B	1.2B	1.3B	708.5M
Common Stock Shares Outstanding	422.1M	424.6M	424.3M	423.2M	429.3M	414.1M
Liabilities And Stockholders Equity	2.0B	2.5B	2.8B	3.2B	3.3B	1.8B
Non Current Liabilities Total	974M	973.6M	892.9M	930.2M	884.6M	510.9M
Inventory	341.1M	504.1M	489.7M	543.3M	662.7M	695.8M
Other Stockholder Equity	(2.8M)	(1.2M)	(7.2M)	(2.9M)	(700.0K)	(665.0K)
Total Liab	1.3B	1.2B	1.2B	1.3B	1.2B	827.5M
Property Plant And Equipment Gross	1.1B	1.1B	4.1B	3.5B	3.7B	3.9B
Total Current Assets	638M	688.6M	1.0B	1.3B	1.3B	1.4B
Accumulated Other Comprehensive Income	24M	37.0M	31M	16.6M	21.4M	25.0M
Short Term Debt	(227.7M)	(151.2M)	(194.6M)	(270.1M)	6.2M	5.9M
Common Stock	1.2B	1.2B	1.2B	1.1B	1.1B	736.6M
Other Current Assets	68.7M	15.8M	23.4M	19.1M	18.9M	34.0M
Other Liab	745.6M	757.7M	701.8M	679.6M	781.5M	457.1M
Other Assets	109.7M	141M	1.0	53.3M	(192.5M)	(182.9M)
Long Term Debt	54M	36.9M	0.0	33M	139.5M	195.4M
Property Plant Equipment	1.1B	1.1B	1.0B	1.1B	1.0B	992.7M
Net Tangible Assets	709.6M	1.3B	1.6B	1.9B	2.2B	1.4B
Long Term Debt Total	74.8M	52.7M	27.2M	53.6M	48.2M	45.8M
Net Invested Capital	763.6M	1.3B	1.6B	1.9B	2.3B	1.6B

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