IRSA Common Stock Total Equity vs Cash And Short Term Investments Analysis
IRS Stock | USD 9.65 0.20 2.03% |
IRSA Inversiones financial indicator trend analysis is infinitely more than just investigating IRSA Inversiones Y recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IRSA Inversiones Y is a good investment. Please check the relationship between IRSA Inversiones Common Stock Total Equity and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IRSA Inversiones Y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Common Stock Total Equity vs Cash And Short Term Investments
Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IRSA Inversiones Y Common Stock Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IRSA Inversiones' Common Stock Total Equity and Cash And Short Term Investments is 0.52. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of IRSA Inversiones Y, assuming nothing else is changed. The correlation between historical values of IRSA Inversiones' Common Stock Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of IRSA Inversiones Y are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., IRSA Inversiones' Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of IRSA Inversiones Y balance sheet. This account contains IRSA Inversiones investments that will expire within one year. These investments include stocks and bonds that can be liquidated by IRSA Inversiones Y fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from IRSA Inversiones' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IRSA Inversiones Y 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 IRSA Inversiones Y. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, IRSA Inversiones' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 31.12 in 2024, despite the fact that Tax Provision is likely to grow to (56.5 B).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 20.0B | 58.5B | 67.3B | 70.6B | Total Revenue | 32.1B | 89.3B | 102.7B | 107.8B |
IRSA Inversiones fundamental ratios Correlations
Click cells to compare fundamentals
IRSA Inversiones Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IRSA Inversiones fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 627.2B | 222.8B | 372.8B | 711.6B | 818.4B | 859.3B | |
Short Long Term Debt Total | 394.4B | 63.0B | 76.0B | 111.0B | 127.6B | 134.0B | |
Other Current Liab | 23.3B | 48M | 16.1B | 6M | 6.9M | 6.6M | |
Total Current Liabilities | 143.4B | 22.1B | 86.4B | 71.3B | 82.0B | 86.1B | |
Total Stockholder Equity | 57.1B | 61.8B | 158.9B | 364.9B | 419.7B | 440.7B | |
Property Plant And Equipment Net | 57.6B | 5.0B | 9.2B | 13.1B | 15.0B | 8.3B | |
Net Debt | 304.0B | 61.1B | 63.2B | 102.2B | 117.6B | 123.4B | |
Retained Earnings | 12.6B | (28.5B) | 34.7B | 68.6B | 78.9B | 82.9B | |
Accounts Payable | 29.7B | 5.1B | 8.5B | 25.6B | 29.4B | 30.9B | |
Cash | 90.4B | 1.9B | 12.8B | 8.7B | 10.0B | 10.7B | |
Non Current Assets Total | 421.5B | 208.9B | 330.4B | 641.4B | 737.6B | 774.5B | |
Non Currrent Assets Other | 257.6B | 187.7B | 300.7B | 580.5B | 667.6B | 701.0B | |
Cash And Short Term Investments | 113.2B | 5.1B | 31.2B | 43.1B | 49.6B | 52.1B | |
Net Receivables | 37.5B | 8.6B | 10.9B | 26.6B | 30.6B | 32.1B | |
Common Stock Shares Outstanding | 538.0M | 543.1M | 822.8M | 799.4M | 919.4M | 965.3M | |
Liabilities And Stockholders Equity | 627.2B | 222.8B | 372.8B | 711.6B | 818.4B | 859.3B | |
Non Current Liabilities Total | 361.2B | 117.9B | 116.6B | 253.1B | 291.0B | 305.6B | |
Inventory | 7.0B | 186M | 318M | 475M | 546.3M | 994.3M | |
Other Current Assets | 48.1B | (16.8B) | (46.8B) | (74.7B) | (67.2B) | (63.8B) | |
Other Stockholder Equity | 14.6B | 26.0B | 69.1B | 141.3B | 162.5B | 170.7B | |
Total Liab | 504.5B | 140.1B | 203.1B | 324.3B | 373.0B | 391.6B | |
Property Plant And Equipment Gross | 57.6B | 11.0B | 19.8B | 37.1B | 42.6B | 44.8B | |
Total Current Assets | 205.7B | 13.9B | 42.4B | 70.2B | 80.8B | 84.8B | |
Accumulated Other Comprehensive Income | 15.8B | 43.0B | 20.0B | 71.7B | 82.5B | 86.6B | |
Short Term Debt | 83.2B | 15.5B | 61.8B | 41.0B | 47.1B | 49.5B | |
Intangible Assets | 22.1B | 2.3B | 3.2B | 7.5B | 8.6B | 9.0B | |
Common Stock | 14.1B | 21.3B | 35.1B | 83.2B | 95.7B | 100.5B | |
Other Liab | 50.0B | 70.3B | 102.4B | 183.1B | 210.6B | 221.1B | |
Current Deferred Revenue | 4.2B | 7.2B | 1.5B | 4.7B | 5.4B | 5.6B | |
Other Assets | 258.2B | 188.1B | 300.8B | 6.9B | 7.9B | 7.5B | |
Long Term Debt | 297.8B | 46.7B | 13.1B | 67.3B | 77.4B | 59.4B | |
Short Term Investments | 22.8B | 3.2B | 18.4B | 34.4B | 39.6B | 41.6B | |
Property Plant Equipment | 57.6B | 5.0B | 9.2B | 13.1B | 15.0B | 13.7B | |
Good Will | 5.6B | 135M | 221M | 476M | 547.4M | 1.1B | |
Long Term Investments | 77.9B | 13.4B | 17.0B | 39.0B | 44.8B | 26.7B | |
Short Long Term Debt | 78.3B | 15.4B | 61.7B | 40.6B | 46.7B | 31.8B | |
Net Tangible Assets | 29.3B | 59.4B | 155.5B | 357B | 410.6B | 431.1B |
Pair Trading with IRSA Inversiones
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 IRSA Inversiones 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 IRSA Inversiones will appreciate offsetting losses from the drop in the long position's value.Moving together with IRSA Stock
Moving against IRSA Stock
0.78 | DOUG | Douglas Elliman | PairCorr |
0.7 | WY | Weyerhaeuser Financial Report 25th of July 2024 | PairCorr |
0.67 | UK | Ucommune International | PairCorr |
0.65 | SQFT | Presidio Property Trust | PairCorr |
0.64 | FR | First Industrial Realty | PairCorr |
The ability to find closely correlated positions to IRSA Inversiones could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IRSA Inversiones 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 IRSA Inversiones - 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 IRSA Inversiones Y to buy it.
The correlation of IRSA Inversiones 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 IRSA Inversiones moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IRSA Inversiones Y 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 IRSA Inversiones 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.Additional Tools for IRSA Stock Analysis
When running IRSA Inversiones' price analysis, check to measure IRSA Inversiones' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IRSA Inversiones is operating at the current time. Most of IRSA Inversiones' value examination focuses on studying past and present price action to predict the probability of IRSA Inversiones' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IRSA Inversiones' price. Additionally, you may evaluate how the addition of IRSA Inversiones to your portfolios can decrease your overall portfolio volatility.