IRSA Inventory vs Total Current Liabilities Analysis

IRS Stock  USD 16.86  0.11  0.66%   
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 Inventory and its Total Current Liabilities 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.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IRSA Inversiones Y Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between IRSA Inversiones' Inventory and Total Current Liabilities is 0.21. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities 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' Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of IRSA Inversiones Y are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., IRSA Inversiones' Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Total Current Liabilities

Total Current Liabilities is an item on IRSA Inversiones balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IRSA Inversiones Y are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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. Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, despite the fact that Tax Provision is likely to grow to (44 B).
 2021 2022 2023 2024 (projected)
Gross Profit20.0B58.5B219.3B230.3B
Total Revenue32.1B89.3B328.5B345.0B

IRSA Inversiones fundamental ratios Correlations

0.70.120.970.980.760.850.960.810.321.00.990.880.820.730.990.06-0.80.670.980.990.110.980.980.020.13
0.70.350.770.540.840.960.520.540.850.650.620.950.570.580.760.51-0.230.460.810.710.710.740.740.46-0.01
0.120.350.220.020.370.330.1-0.430.410.110.10.3-0.4-0.170.210.360.330.730.20.190.160.220.290.11-0.85
0.970.770.220.920.860.910.910.770.480.960.950.920.790.760.980.21-0.70.670.990.980.261.00.970.030.1
0.980.540.020.920.630.720.980.810.130.990.990.760.810.690.95-0.1-0.890.650.930.95-0.090.940.94-0.090.16
0.760.840.370.860.630.920.630.610.770.710.680.90.630.570.790.65-0.290.510.840.830.60.820.820.090.0
0.850.960.330.910.720.920.690.660.760.810.780.990.690.680.890.46-0.410.570.930.870.580.880.880.30.03
0.960.520.10.910.980.630.690.750.110.970.980.740.750.580.94-0.04-0.850.70.90.94-0.120.920.94-0.190.05
0.810.54-0.430.770.810.610.660.750.250.80.790.691.00.750.760.08-0.780.120.780.780.220.750.72-0.030.62
0.320.850.410.480.130.770.760.110.250.250.20.720.290.380.40.750.230.180.480.380.940.430.40.43-0.03
1.00.650.110.960.990.710.810.970.80.251.00.840.80.710.990.0-0.830.690.970.980.030.970.97-0.020.12
0.990.620.10.950.990.680.780.980.790.21.00.810.790.70.98-0.04-0.860.690.950.97-0.020.960.96-0.030.11
0.880.950.30.920.760.90.990.740.690.720.840.810.720.680.910.39-0.470.580.940.880.530.910.90.30.05
0.820.57-0.40.790.810.630.690.751.00.290.80.790.720.790.780.08-0.770.130.80.790.260.770.72-0.010.63
0.730.58-0.170.760.690.570.680.580.750.380.710.70.680.790.7-0.04-0.660.220.740.690.320.760.630.190.59
0.990.760.210.980.950.790.890.940.760.40.990.980.910.780.70.13-0.740.710.990.990.160.980.990.080.05
0.060.510.360.21-0.10.650.46-0.040.080.750.0-0.040.390.08-0.040.130.390.030.20.180.760.150.18-0.01-0.16
-0.8-0.230.33-0.7-0.89-0.29-0.41-0.85-0.780.23-0.83-0.86-0.47-0.77-0.66-0.740.39-0.39-0.7-0.740.34-0.73-0.690.16-0.4
0.670.460.730.670.650.510.570.70.120.180.690.690.580.130.220.710.03-0.390.670.69-0.160.690.760.01-0.6
0.980.810.20.990.930.840.930.90.780.480.970.950.940.80.740.990.2-0.70.670.980.270.980.980.110.1
0.990.710.190.980.950.830.870.940.780.380.980.970.880.790.690.990.18-0.740.690.980.150.980.99-0.030.07
0.110.710.160.26-0.090.60.58-0.120.220.940.03-0.020.530.260.320.160.760.34-0.160.270.150.20.140.430.19
0.980.740.221.00.940.820.880.920.750.430.970.960.910.770.760.980.15-0.730.690.980.980.20.970.030.1
0.980.740.290.970.940.820.880.940.720.40.970.960.90.720.630.990.18-0.690.760.980.990.140.970.03-0.05
0.020.460.110.03-0.090.090.3-0.19-0.030.43-0.02-0.030.3-0.010.190.08-0.010.160.010.11-0.030.430.030.03-0.04
0.13-0.01-0.850.10.160.00.030.050.62-0.030.120.110.050.630.590.05-0.16-0.4-0.60.10.070.190.1-0.05-0.04
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IRSA Inversiones Account Relationship Matchups

IRSA Inversiones fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets627.2B222.8B372.8B711.6B2.2T2.4T
Short Long Term Debt Total394.4B67.5B76.0B111.0B377.7B396.6B
Other Current Liab23.3B48M(8.8B)(65.9B)10.3B10.9B
Total Current Liabilities143.4B22.1B86.4B71.3B273.0B286.7B
Total Stockholder Equity57.1B61.8B158.9B364.9B1.1T1.1T
Property Plant And Equipment Net57.6B5.0B9.2B13.1B47.2B49.6B
Net Debt304.0B61.1B63.2B102.2B349.4B366.9B
Retained Earnings12.6B(28.5B)34.7B68.6B320.2B336.2B
Accounts Payable29.7B5.1B18.4B95.1B72.7B76.3B
Cash90.4B1.9B12.8B8.7B28.3B29.7B
Non Current Assets Total421.5B208.9B330.4B641.4B2.2T2.3T
Non Currrent Assets Other257.6B187.7B300.7B580.5B2.1T2.2T
Cash And Short Term Investments113.2B5.1B31.2B43.1B149.0B156.4B
Net Receivables37.5B8.6B23.5B98.8B77.3B81.1B
Common Stock Shares Outstanding538.0M543.1M698.3M690.9M742M779.1M
Liabilities And Stockholders Equity627.2B222.8B372.8B711.6B2.2T2.4T
Non Current Liabilities Total361.2B117.9B116.6B253.1B1.1T1.1T
Inventory7.0B186M318M475M1.5B1.0B
Other Current Assets48.1B(16.8B)(46.8B)(74.7B)(111.5B)(105.9B)
Other Stockholder Equity1.9B26.0B(42.6B)(483.6B)441.2B463.3B
Total Liab504.5B140.1B203.1B324.3B1.1T1.1T
Property Plant And Equipment Gross57.6B11.0B19.8B37.1B140.8B147.8B
Total Current Assets205.7B13.9B42.4B70.2B28.3B29.4B
Accumulated Other Comprehensive Income15.8B43.0B20.0B71.7B310.1B325.6B
Short Term Debt83.2B15.5B61.8B41.0B183.3B192.5B
Intangible Assets22.1B2.3B3.2B7.5B62.8B65.9B
Common Stock14.1B21.3B35.1B83.2B7.2B7.6B
Other Liab50.0B70.3B102.4B183.1B210.6B221.1B
Current Deferred Revenue4.2B7.2B1.5B4.7B(1.9B)(1.8B)
Other Assets258.2B188.1B300.8B6.9B(2.7T)(2.5T)
Long Term Debt297.8B46.7B13.1B67.3B185.3B194.6B
Short Term Investments22.8B3.2B18.4B34.4B120.7B126.7B
Property Plant Equipment57.6B5.0B9.2B13.1B15.0B13.7B
Good Will5.6B135M221M476M1.8B1.1B
Long Term Investments77.9B13.4B17.0B39.0B139.6B146.5B
Short Long Term Debt78.3B15.4B61.7B40.6B181.4B190.5B
Net Tangible Assets29.3B59.4B155.5B357B410.6B431.1B

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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.