Arthur Accumulated Other Comprehensive Income vs Total Assets Analysis

AJG Stock  USD 250.04  2.25  0.91%   
Arthur J financial indicator trend analysis is way more than just evaluating Arthur J Gallagher prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arthur J Gallagher is a good investment. Please check the relationship between Arthur J Accumulated Other Comprehensive Income and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

Accumulated Other Comprehensive Income vs Total Assets

Accumulated Other Comprehensive Income vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arthur J Gallagher Accumulated Other Comprehensive Income account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Arthur J's Accumulated Other Comprehensive Income and Total Assets is -0.72. Overlapping area represents the amount of variation of Accumulated Other Comprehensive Income that can explain the historical movement of Total Assets in the same time period over historical financial statements of Arthur J Gallagher, assuming nothing else is changed. The correlation between historical values of Arthur J's Accumulated Other Comprehensive Income and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Other Comprehensive Income of Arthur J Gallagher are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accumulated Other Comprehensive Income i.e., Arthur J's Accumulated Other Comprehensive Income and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.

Total Assets

Total assets refers to the total amount of Arthur J 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 Arthur J Gallagher 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.
Most indicators from Arthur J's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arthur J Gallagher 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
The Arthur J's current Tax Provision is estimated to increase to about 260.6 M, while Selling General Administrative is projected to decrease to roughly 128.5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.6B1.9B135.3M128.5M
Cost Of Revenue5.2B5.0B1.8B1.6B

Arthur J fundamental ratios Correlations

0.980.820.990.990.940.980.990.740.980.960.740.510.990.490.980.320.961.00.960.990.980.450.610.580.96
0.980.740.950.990.981.00.980.771.00.990.770.560.990.611.00.470.980.970.930.950.990.510.70.690.98
0.820.740.870.740.680.720.750.770.740.70.77-0.040.760.110.73-0.240.70.840.920.860.76-0.130.260.190.7
0.990.950.870.960.910.950.970.720.960.930.720.460.970.410.950.230.931.00.961.00.950.390.540.50.93
0.990.990.740.960.960.990.990.741.00.990.740.591.00.61.00.450.990.980.920.970.990.530.70.680.99
0.940.980.680.910.960.980.970.760.970.970.760.590.960.60.970.490.940.930.910.910.940.530.680.660.96
0.981.00.720.950.990.980.980.731.00.990.730.60.990.611.00.490.980.970.920.950.990.550.690.680.98
0.990.980.750.970.990.970.980.710.980.970.710.60.990.540.980.420.960.980.930.980.960.540.640.610.96
0.740.770.770.720.740.760.730.710.760.791.00.030.750.510.760.130.750.740.830.720.74-0.010.60.580.77
0.981.00.740.961.00.971.00.980.760.990.760.581.00.611.00.460.990.970.920.960.990.530.710.690.99
0.960.990.70.930.990.970.990.970.790.990.790.580.990.670.990.50.990.950.910.930.980.530.750.740.99
0.740.770.770.720.740.760.730.711.00.760.790.030.750.510.760.130.750.740.830.720.74-0.010.60.580.77
0.510.56-0.040.460.590.590.60.60.030.580.580.030.570.610.580.850.60.490.290.470.530.990.580.620.59
0.990.990.760.971.00.960.990.990.751.00.990.750.570.590.990.430.990.980.930.970.990.510.690.670.99
0.490.610.110.410.60.60.610.540.510.610.670.510.610.590.610.740.660.460.380.420.590.60.990.990.66
0.981.00.730.951.00.971.00.980.761.00.990.760.580.990.610.480.990.970.920.950.990.530.710.690.99
0.320.47-0.240.230.450.490.490.420.130.460.50.130.850.430.740.480.510.290.130.240.420.880.670.740.5
0.960.980.70.930.990.940.980.960.750.990.990.750.60.990.660.990.510.950.890.930.980.550.750.740.99
1.00.970.841.00.980.930.970.980.740.970.950.740.490.980.460.970.290.950.961.00.970.420.580.550.95
0.960.930.920.960.920.910.920.930.830.920.910.830.290.930.380.920.130.890.960.960.920.210.50.460.9
0.990.950.861.00.970.910.950.980.720.960.930.720.470.970.420.950.240.931.00.960.950.40.540.50.93
0.980.990.760.950.990.940.990.960.740.990.980.740.530.990.590.990.420.980.970.920.950.480.690.670.98
0.450.51-0.130.390.530.530.550.54-0.010.530.53-0.010.990.510.60.530.880.550.420.210.40.480.560.610.54
0.610.70.260.540.70.680.690.640.60.710.750.60.580.690.990.710.670.750.580.50.540.690.560.990.74
0.580.690.190.50.680.660.680.610.580.690.740.580.620.670.990.690.740.740.550.460.50.670.610.990.73
0.960.980.70.930.990.960.980.960.770.990.990.770.590.990.660.990.50.990.950.90.930.980.540.740.73
Click cells to compare fundamentals

Arthur J Account Relationship Matchups

Arthur J fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.6B22.3B33.3B38.9B51.6B54.2B
Short Long Term Debt Total4.9B4.9B6.6B6.4B8.3B8.7B
Other Current Liab1.3B1.6B1.9B2.1B26.9B28.3B
Total Current Liabilities8.9B10.1B16.7B21.9B31.1B32.6B
Total Stockholder Equity5.2B6.2B8.5B9.1B10.8B11.3B
Property Plant And Equipment Net860.9M824.6M859.4M922.9M1.1B1.2B
Net Debt4.3B4.2B6.2B6.1B7.3B7.7B
Retained Earnings1.9B2.4B2.9B3.6B4.1B4.3B
Cash604.8M664.6M402.6M342.3M971.5M1.0B
Non Current Assets Total10.5B11.2B15.7B16.1B19.5B20.5B
Non Currrent Assets Other728.2M747.5M963.1M918.7M1.1B1.2B
Cash And Short Term Investments604.8M664.6M402.6M342.3M971.5M1.0B
Net Receivables5.4B6.4B11.8B16.4B3.8B2.2B
Good Will5.6B6.1B8.7B9.5B11.5B12.0B
Common Stock Shares Outstanding190.1M195M207.3M207.3M219.3M119.5M
Liabilities And Stockholders Equity19.6B22.3B33.3B38.9B51.6B54.2B
Non Current Liabilities Total5.5B6.0B8.0B7.8B9.7B10.2B
Other Current Assets1.1B1.1B1.5B1.5B281M385.0M
Other Stockholder Equity3.8B4.3B6.1B6.5B7.3B7.7B
Total Liab14.4B16.1B24.8B29.7B40.8B42.8B
Property Plant And Equipment Gross860.9M824.6M859.4M922.9M2.2B2.3B
Total Current Assets9.1B11.1B17.7B22.8B32.1B33.7B
Accumulated Other Comprehensive Income(759.6M)(643.6M)(726.1M)(1.1B)(792.1M)(752.5M)
Intangible Assets2.3B2.4B4.0B3.4B4.6B4.9B
Accounts Payable6.3B7.8B13.8B18.7B2.6B3.0B
Common Stock Total Equity188.1M193.7M208.5M211.9M243.7M143.3M
Common Stock188.1M193.7M208.5M211.9M216.7M147.1M
Other Liab1.3B1.4B1.9B2.0B2.3B2.4B
Other Assets1.7B2.2M2.2B2.3B2.6B2.8B
Property Plant Equipment467.4M450.7M859.4M922.9M1.1B1.1B
Inventory2.0B2.9B4.1B4.6B27.1B28.4B
Current Deferred Revenue434.1M475.6M520.9M546.7M644.7M676.9M
Long Term Debt3.8B4.3B5.8B5.6B7.0B7.4B
Short Term Debt790.6M278.6M473.4M551.9M959M1.0B
Net Tangible Assets(2.8B)(2.3B)(4.1B)(3.7B)(3.3B)(3.2B)
Noncontrolling Interest In Consolidated Entity60M46.5M51.7M46.6M53.6M37.6M
Retained Earnings Total Equity1.9B2.4B2.9B3.6B4.1B4.3B
Long Term Debt Total3.8B4.3B5.8B5.6B6.4B6.7B
Capital Surpluse3.8B4.3B6.1B6.5B7.5B7.9B

Pair Trading with Arthur J

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 Arthur J 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 Arthur J will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arthur Stock

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Moving against Arthur Stock

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The ability to find closely correlated positions to Arthur J could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arthur J 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 Arthur J - 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 Arthur J Gallagher to buy it.
The correlation of Arthur J 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 Arthur J moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arthur J Gallagher 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 Arthur J 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 CorrelationCorrelation Matching
When determining whether Arthur J Gallagher is a strong investment it is important to analyze Arthur J's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arthur J's future performance. For an informed investment choice regarding Arthur Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Arthur J's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arthur J. If investors know Arthur will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arthur J listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.076
Dividend Share
2.2
Earnings Share
4.43
Revenue Per Share
44.482
Quarterly Revenue Growth
0.18
The market value of Arthur J Gallagher is measured differently than its book value, which is the value of Arthur that is recorded on the company's balance sheet. Investors also form their own opinion of Arthur J's value that differs from its market value or its book value, called intrinsic value, which is Arthur J's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arthur J's market value can be influenced by many factors that don't directly affect Arthur J's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arthur J's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arthur J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arthur J's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.