Iress Short Term Debt vs Non Currrent Assets Other Analysis

IRE Stock   8.67  0.21  2.36%   
Iress financial indicator trend analysis is infinitely more than just investigating Iress recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iress is a good investment. Please check the relationship between Iress Short Term Debt and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iress. 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 Non Currrent Assets Other

Short Term Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iress Short Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Iress' Short Term Debt and Non Currrent Assets Other is 0.17. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Iress, assuming nothing else is changed. The correlation between historical values of Iress' Short Term Debt and Non Currrent Assets Other 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 Iress are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Debt i.e., Iress' Short Term Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Iress' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iress 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 Iress. 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, Iress' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 14 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 237.7 K in 2024.
 2021 2022 2023 2024 (projected)
Operating Income99.7M94.0M24.5M23.3M
Other Operating Expenses496.3M521.6M601.0M631.1M

Iress fundamental ratios Correlations

0.960.820.60.780.90.730.76-0.110.080.290.95-0.620.310.890.810.8-0.240.810.590.86-0.240.910.5-0.550.6
0.960.770.530.770.940.740.74-0.040.140.331.0-0.710.340.870.780.8-0.20.810.560.87-0.190.90.57-0.520.55
0.820.770.680.870.570.80.83-0.410.150.420.75-0.60.470.660.810.87-0.260.860.850.9-0.190.720.15-0.80.82
0.60.530.680.880.40.70.86-0.77-0.26-0.020.53-0.210.030.480.90.81-0.50.830.790.49-0.460.760.22-0.760.88
0.780.770.870.880.630.910.94-0.57-0.020.280.77-0.60.310.640.950.96-0.390.970.910.77-0.340.870.37-0.880.91
0.90.940.570.40.630.620.570.170.110.310.94-0.670.30.870.660.64-0.060.660.350.74-0.130.880.68-0.330.34
0.730.740.80.70.910.620.8-0.38-0.10.30.74-0.810.330.650.820.84-0.30.840.880.76-0.310.790.38-0.860.79
0.760.740.830.860.940.570.8-0.60.00.160.74-0.470.190.610.950.98-0.570.980.880.71-0.360.840.22-0.810.94
-0.11-0.04-0.41-0.77-0.570.17-0.38-0.60.080.01-0.03-0.18-0.060.05-0.6-0.550.5-0.54-0.66-0.190.18-0.30.150.67-0.78
0.080.140.15-0.26-0.020.11-0.10.00.080.820.090.00.81-0.080.020.120.290.1-0.030.40.720.02-0.030.00.0
0.290.330.42-0.020.280.310.30.160.010.820.28-0.361.00.10.240.30.390.290.280.650.660.250.07-0.340.21
0.951.00.750.530.770.940.740.74-0.030.090.28-0.720.30.880.770.79-0.220.810.550.85-0.230.910.58-0.520.54
-0.62-0.71-0.6-0.21-0.6-0.67-0.81-0.47-0.180.0-0.36-0.72-0.34-0.65-0.45-0.550.01-0.54-0.54-0.680.17-0.56-0.450.51-0.37
0.310.340.470.030.310.30.330.19-0.060.811.00.3-0.340.110.280.330.360.320.330.680.640.270.06-0.390.26
0.890.870.660.480.640.870.650.610.05-0.080.10.88-0.650.110.650.65-0.10.660.410.73-0.270.810.55-0.310.42
0.810.780.810.90.950.660.820.95-0.60.020.240.77-0.450.280.650.96-0.520.960.850.74-0.30.930.35-0.830.91
0.80.80.870.810.960.640.840.98-0.550.120.30.79-0.550.330.650.96-0.471.00.880.8-0.260.870.3-0.820.92
-0.24-0.2-0.26-0.5-0.39-0.06-0.3-0.570.50.290.39-0.220.010.36-0.1-0.52-0.47-0.46-0.49-0.060.5-0.360.110.49-0.58
0.810.810.860.830.970.660.840.98-0.540.10.290.81-0.540.320.660.961.0-0.460.870.79-0.280.890.33-0.810.91
0.590.560.850.790.910.350.880.88-0.66-0.030.280.55-0.540.330.410.850.88-0.490.870.68-0.30.650.0-0.960.96
0.860.870.90.490.770.740.760.71-0.190.40.650.85-0.680.680.730.740.8-0.060.790.680.090.760.32-0.650.64
-0.24-0.19-0.19-0.46-0.34-0.13-0.31-0.360.180.720.66-0.230.170.64-0.27-0.3-0.260.5-0.28-0.30.09-0.26-0.140.26-0.29
0.910.90.720.760.870.880.790.84-0.30.020.250.91-0.560.270.810.930.87-0.360.890.650.76-0.260.58-0.640.7
0.50.570.150.220.370.680.380.220.15-0.030.070.58-0.450.060.550.350.30.110.330.00.32-0.140.58-0.050.04
-0.55-0.52-0.8-0.76-0.88-0.33-0.86-0.810.670.0-0.34-0.520.51-0.39-0.31-0.83-0.820.49-0.81-0.96-0.650.26-0.64-0.05-0.91
0.60.550.820.880.910.340.790.94-0.780.00.210.54-0.370.260.420.910.92-0.580.910.960.64-0.290.70.04-0.91
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Iress Account Relationship Matchups

Iress fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding173.4M184.4M191.5M188.2M180.0M151.6M
Total Assets837.0M1.0B1.0B1.0B792.2M427.2M
Short Long Term Debt Total283.4M272.9M389.4M462.8M423.0M273.5M
Other Current Liab45.7M54.6M56.1M47.9M86.7M91.0M
Total Current Liabilities85.6M103.8M108.8M107.5M110.1M115.6M
Total Stockholder Equity434.9M586.8M536.9M433.8M272.0M238.5M
Property Plant And Equipment Net79.4M108.0M109.8M89.2M74.1M77.9M
Net Debt250.1M209.8M325.0M399.4M379.1M398.0M
Retained Earnings6.7M(1.5M)9.5M(6.1M)(178.1M)(169.2M)
Accounts Payable5.0M9.1M8.0M15.8M8.7M7.7M
Cash33.4M63.1M64.4M63.4M43.9M46.1M
Non Current Assets Total721.7M872.6M884M841.5M651.0M339.3M
Non Currrent Assets Other(699.2M)(838.3M)(852.4M)(814.2M)(206K)(216.3K)
Cash And Short Term Investments33.4M63.5M64.9M63.8M50.7M46.6M
Net Receivables58.8M45.4M46.0M46.2M35.3M23.6M
Common Stock Total Equity376.3M378.6M383.1M558.4M642.2M674.3M
Liabilities And Stockholders Equity837.0M1.0B1.0B1.0B792.2M427.3M
Non Current Liabilities Total316.4M315.9M386.9M458.8M410.1M430.6M
Other Stockholder Equity28.0M45.1M29.9M33.5M1.151.09
Total Liab402.1M419.7M495.7M566.2M520.2M546.2M
Property Plant And Equipment Gross79.4M108.0M208.7M208.1M204.7M214.9M
Total Current Assets115.3M133.8M148.6M158.6M141.2M82.0M
Accumulated Other Comprehensive Income45.1M29.9M33.5M20.8M30.8M22.1M
Short Term Debt17.6M39.5M27.7M26.1M14.1M13.4M
Common Stock383.1M558.4M493.9M419.1M419.3M440.3M
Other Liab40.3M55.6M12.9M11.5M13.2M14.6M
Inventory(26.0K)(396K)(480K)(456.0K)(526.0K)(499.7K)
Other Current Assets23.1M24.0M36.9M47.0M55.1M57.9M
Property Plant Equipment79.4M108.0M109.8M89.2M102.5M107.7M
Other Assets22.5M29.3M31.6M27.3M206K195.7K
Intangible Assets619.7M730.2M742.6M725.0M69.7M66.2M
Good Will528.7M604.5M622.5M603.7M481.1M327.3M
Short Term Investments1.0M396K480K456K526K574.3K
Net Tangible Assets(184.8M)(146.2M)(205.7M)(291.2M)(262.1M)(275.2M)
Long Term Debt225.9M188.4M296.5M388.4M363.6M260.6M
Current Deferred Revenue12.1M13.4M16.5M17.2M16.5M11.1M
Long Term Debt Total274.3M259.6M374M447.3M514.4M303.3M
Net Invested Capital660.8M776.3M833.4M822.2M635.6M778.3M

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