American Net Receivables vs Retained Earnings Analysis

AXP Stock

USD 235.64 1.46 0.62%

American Express financial indicator trend analysis is way more than just evaluating American Express prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Express is a good investment. Please check the relationship between American Express Net Receivables and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Express. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in American Stock, please use our How to Invest in American Express guide.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Express Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.

The correlation between American Express' Net Receivables and Retained Earnings is 0.14. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of American Express, assuming nothing else is changed. The correlation between historical values of American Express' Net Receivables and Retained Earnings 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 Receivables of American Express are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., American Express' Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from American Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Express 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 American Express. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in American Stock, please use our How to Invest in American Express guide.At this time, American Express' Discontinued Operations is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value is likely to grow to about 38.7 B, while Selling General Administrative is likely to drop slightly above 5.9 B.

	2021	2022	2023	2024 (projected)
Operating Income	10.7B	12.3B	10.5B	6.7B
Other Operating Expenses	31.7B	12.7B	49.9B	52.3B

Operating Income Other Operating Expenses

American Express fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Net Receivables	Common Stock Total Equity	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		-0.85	-0.01	-0.19	-0.83	-0.92	0.47	-0.76	-0.63	-0.21	-0.39	-0.12	-0.7	-0.38	-0.53	-0.82	-0.57	-0.22	0.68	-0.37	0.87	-0.17	0.99	-0.67	-0.06	-0.31
Total Assets	-0.85		-0.09	0.38	0.77	0.84	-0.58	0.77	0.67	0.34	0.45	-0.1	0.67	0.55	0.29	0.99	0.67	0.38	-0.55	0.17	-0.81	0.33	-0.86	0.63	0.25	0.16
Short Long Term Debt Total	-0.01	-0.09		-0.13	0.32	-0.2	0.65	-0.11	0.08	-0.37	-0.15	0.18	-0.03	-0.06	0.67	-0.16	-0.41	0.16	-0.4	0.76	-0.01	0.6	0.0	-0.37	-0.11	0.93
Total Current Liabilities	-0.19	0.38	-0.13		0.15	0.0	-0.63	0.68	0.71	-0.18	-0.08	0.0	0.53	0.29	-0.09	0.4	0.63	0.79	-0.25	-0.13	-0.36	0.18	-0.31	0.12	0.0	-0.06
Total Stockholder Equity	-0.83	0.77	0.32	0.15		0.77	-0.17	0.6	0.51	0.14	0.37	-0.05	0.54	0.45	0.8	0.7	0.36	0.34	-0.78	0.7	-0.75	0.38	-0.81	0.55	-0.15	0.6
Property Plant And Equipment Net	-0.92	0.84	-0.2	0.0	0.77		-0.43	0.59	0.37	0.35	0.42	0.0	0.52	0.34	0.37	0.82	0.47	0.05	-0.44	0.2	-0.73	0.05	-0.88	0.72	0.14	0.08
Net Debt	0.47	-0.58	0.65	-0.63	-0.17	-0.43		-0.73	-0.71	-0.3	-0.28	0.13	-0.72	-0.38	0.24	-0.62	-0.82	-0.4	0.26	0.36	0.56	0.21	0.54	-0.54	-0.04	0.43
Retained Earnings	-0.76	0.77	-0.11	0.68	0.6	0.59	-0.73		0.85	0.19	0.32	-0.11	0.83	0.56	0.23	0.76	0.84	0.67	-0.62	0.12	-0.91	0.14	-0.83	0.58	-0.13	0.14
Cash	-0.63	0.67	0.08	0.71	0.51	0.37	-0.71	0.85		0.05	0.23	-0.01	0.91	0.44	0.31	0.66	0.68	0.67	-0.71	0.24	-0.74	0.28	-0.7	0.36	-0.05	0.3
Non Current Assets Total	-0.21	0.34	-0.37	-0.18	0.14	0.35	-0.3	0.19	0.05		0.93	-0.77	0.11	0.79	-0.1	0.36	0.38	-0.18	-0.08	-0.16	-0.3	0.14	-0.17	0.19	0.09	-0.25
Non Currrent Assets Other	-0.39	0.45	-0.15	-0.08	0.37	0.42	-0.28	0.32	0.23	0.93		-0.65	0.19	0.87	0.2	0.44	0.48	-0.12	-0.34	0.13	-0.43	0.36	-0.36	0.19	0.07	0.03
Other Assets	-0.12	-0.1	0.18	0.0	-0.05	0.0	0.13	-0.11	-0.01	-0.77	-0.65		-0.1	-0.75	0.11	-0.11	-0.2	-0.24	0.04	0.07	0.16	-0.08	-0.14	-0.07	0.27	0.14
Cash And Short Term Investments	-0.7	0.67	-0.03	0.53	0.54	0.52	-0.72	0.83	0.91	0.11	0.19	-0.1		0.38	0.29	0.67	0.58	0.65	-0.67	0.2	-0.8	0.03	-0.74	0.54	-0.17	0.21
Non Current Liabilities Total	-0.38	0.55	-0.06	0.29	0.45	0.34	-0.38	0.56	0.44	0.79	0.87	-0.75	0.38		0.19	0.54	0.62	0.33	-0.47	0.15	-0.59	0.39	-0.39	0.26	-0.08	0.12
Other Stockholder Equity	-0.53	0.29	0.67	-0.09	0.8	0.37	0.24	0.23	0.31	-0.1	0.2	0.11	0.29	0.19		0.2	-0.03	0.13	-0.78	0.97	-0.41	0.39	-0.5	0.19	-0.31	0.86
Total Liab	-0.82	0.99	-0.16	0.4	0.7	0.82	-0.62	0.76	0.66	0.36	0.44	-0.11	0.67	0.54	0.2		0.69	0.37	-0.49	0.07	-0.78	0.31	-0.83	0.61	0.31	0.08
Property Plant And Equipment Gross	-0.57	0.67	-0.41	0.63	0.36	0.47	-0.82	0.84	0.68	0.38	0.48	-0.2	0.58	0.62	-0.03	0.69		0.44	-0.47	-0.11	-0.74	0.0	-0.64	0.61	-0.04	-0.16
Total Current Assets	-0.22	0.38	0.16	0.79	0.34	0.05	-0.4	0.67	0.67	-0.18	-0.12	-0.24	0.65	0.33	0.13	0.37	0.44		-0.44	0.16	-0.51	0.11	-0.3	0.28	-0.35	0.25
Short Term Debt	0.68	-0.55	-0.4	-0.25	-0.78	-0.44	0.26	-0.62	-0.71	-0.08	-0.34	0.04	-0.67	-0.47	-0.78	-0.49	-0.47	-0.44		-0.76	0.77	-0.23	0.7	-0.52	0.38	-0.7
Common Stock	-0.37	0.17	0.76	-0.13	0.7	0.2	0.36	0.12	0.24	-0.16	0.13	0.07	0.2	0.15	0.97	0.07	-0.11	0.16	-0.76		-0.33	0.38	-0.35	0.12	-0.4	0.92
Other Current Liab	0.87	-0.81	-0.01	-0.36	-0.75	-0.73	0.56	-0.91	-0.74	-0.3	-0.43	0.16	-0.8	-0.59	-0.41	-0.78	-0.74	-0.51	0.77	-0.33		-0.09	0.89	-0.74	0.22	-0.31
Net Receivables	-0.17	0.33	0.6	0.18	0.38	0.05	0.21	0.14	0.28	0.14	0.36	-0.08	0.03	0.39	0.39	0.31	0.0	0.11	-0.23	0.38	-0.09		-0.18	-0.45	0.43	0.56
Common Stock Total Equity	0.99	-0.86	0.0	-0.31	-0.81	-0.88	0.54	-0.83	-0.7	-0.17	-0.36	-0.14	-0.74	-0.39	-0.5	-0.83	-0.64	-0.3	0.7	-0.35	0.89	-0.18		-0.66	-0.06	-0.3
Other Liab	-0.67	0.63	-0.37	0.12	0.55	0.72	-0.54	0.58	0.36	0.19	0.19	-0.07	0.54	0.26	0.19	0.61	0.61	0.28	-0.52	0.12	-0.74	-0.45	-0.66		-0.32	-0.06
Accounts Payable	-0.06	0.25	-0.11	0.0	-0.15	0.14	-0.04	-0.13	-0.05	0.09	0.07	0.27	-0.17	-0.08	-0.31	0.31	-0.04	-0.35	0.38	-0.4	0.22	0.43	-0.06	-0.32		-0.23
Long Term Debt	-0.31	0.16	0.93	-0.06	0.6	0.08	0.43	0.14	0.3	-0.25	0.03	0.14	0.21	0.12	0.86	0.08	-0.16	0.25	-0.7	0.92	-0.31	0.56	-0.3	-0.06	-0.23

Click cells to compare fundamentals

American Express Account Relationship Matchups

American Express fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	830M	806M	790M	752M	736M	966.6M
Total Assets	189B	198B	191B	228B	261.1B	169.3B
Short Long Term Debt Total	64B	45B	41B	44B	49.2B	50.9B
Total Current Liabilities	18.7B	11.4B	12.6B	13.5B	143.5B	150.7B
Total Stockholder Equity	18B	22B	23B	25B	28.1B	16.1B
Property Plant And Equipment Net	4.8B	5.0B	5.0B	5.2B	5.1B	3.6B
Retained Earnings	13.9B	13.8B	13.5B	16.3B	19.6B	20.6B
Cash	24B	32.8B	21.5B	33.5B	46.5B	48.9B
Non Current Assets Total	16.4B	31.1B	12.0B	228.4B	5.1B	4.9B
Non Currrent Assets Other	(16.4B)	(31.1B)	(12.0B)	209.2B	(12.3B)	(13.0B)
Other Assets	94.0B	64.2B	150.8B	(37.2B)	109.7B	87.0B
Cash And Short Term Investments	30.6B	54.4B	24.0B	38.1B	48.3B	50.7B
Liabilities And Stockholders Equity	189B	198B	191B	228B	261.1B	169.3B
Non Current Liabilities Total	60.1B	43B	41.5B	203.6B	89.5B	94.0B
Other Stockholder Equity	11.7B	11.9B	11.3B	11.8B	11.4B	9.2B
Total Liab	167B	175B	168B	203B	233.1B	153.2B
Property Plant And Equipment Gross	4.8B	5.0B	13.6B	15.1B	15.0B	15.8B
Total Current Assets	87.6B	95.7B	26.2B	36.8B	146.3B	153.6B
Accumulated Other Comprehensive Income	(2.7B)	(2.9B)	(2.9B)	(3.2B)	(3.1B)	(2.9B)
Common Stock	163M	161M	153M	149M	145M	94.3M
Other Current Liab	(73.3B)	(86.9B)	(84.4B)	(109.9B)	(98.9B)	(94.0B)
Net Receivables	57B	3B	2.7B	60.5B	63.9B	36.0B
Common Stock Total Equity	163M	161M	153M	149M	134.1M	173.6M
Other Liab	19.1B	36B	42B	26.7B	30.7B	19.3B
Accounts Payable	12.7B	9.4B	10.6B	12.1B	13.1B	10.2B
Long Term Debt	57.8B	43.0B	39B	43B	47.9B	45.4B
Short Term Investments	6.6B	21.6B	2.5B	4.5B	1.8B	1.7B
Intangible Assets	267M	265M	201M	146M	98M	93.1M
Property Plant Equipment	4.8B	5.0B	5.0B	5.2B	6.0B	4.0B
Good Will	3.3B	3.9B	3.8B	3.8B	3.9B	3.0B
Other Current Assets	(80.7B)	(76.4B)	(75.6B)	(94.1B)	(110.5B)	(105.0B)
Retained Earnings Total Equity	13.9B	13.8B	13.5B	16.3B	18.7B	10.7B
Treasury Stock	(207M)	(292M)	(279M)	(271M)	(243.9M)	(231.7M)
Net Tangible Assets	23.1B	23.0B	22B	24.7B	28.4B	21.8B
Long Term Debt Total	57.8B	43.0B	38.7B	43B	38.7B	42.5B
Capital Surpluse	11.8B	11.9B	11.5B	11.5B	10.3B	9.8B
Non Current Liabilities Other	24.9B	27.2B	30.5B	37.4B	43.0B	27.0B

American Express Investors Sentiment

The influence of American Express' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to American Express' public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Express. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

American Express' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Express' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Express' news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Express.

American Express Implied Volatility

29.57

American Express' implied volatility exposes the market's sentiment of American Express stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if American Express' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that American Express stock will not fluctuate a lot when American Express' options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Express in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Express' short interest history, or implied volatility extrapolated from American Express options trading.

Pair Trading with American Express

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 American Express 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 American Express will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

0.62	TW	Tradeweb Markets	Pair Corr
0.81	C	Citigroup Earnings Call This Week	Pair Corr

Moving against American Stock

0.67	FG	FG Annuities Life Financial Report 1st of May 2024	Pair Corr
0.6	DHIL	Diamond Hill Investment	Pair Corr
0.6	HG	Hamilton Insurance Report 21st of October 2024	Pair Corr
0.59	AC	Associated Capital	Pair Corr
0.56	BFIIW	BurgerFi International	Pair Corr

The ability to find closely correlated positions to American Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Express 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 American Express - 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 American Express to buy it.

The correlation of American Express 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 American Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Express 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 American Express 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 Correlation Correlation Matching

When determining whether American Express is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Express Stock. Highlighted below are key reports to facilitate an investment decision about American Express Stock:

How To Invest In American

Details

Is American Stock a good investment?

Details

What is American Express' Net Worth?

Details

Largest Consumer Finance Companies

View

Largest Financial Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Express. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in American Stock, please use our How to Invest in American Express guide.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for American Stock analysis

When running American Express' price analysis, check to measure American Express' 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 American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to predict the probability of American Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.

	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	CEOs Directory Screen CEOs from public companies around the world
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years

Is American Express' 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 American Express. If investors know American 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 American Express 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

0.388

Dividend Share

2.5

Earnings Share

12.15

Revenue Per Share

77.996

Quarterly Revenue Growth

0.099

The market value of American Express is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Express' value that differs from its market value or its book value, called intrinsic value, which is American Express' 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 American Express' market value can be influenced by many factors that don't directly affect American Express' 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 American Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Express' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

American Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

American Express fundamental ratios Correlations

American Express Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Express fundamental ratios Accounts

American Express Investors Sentiment

American Express Implied Volatility

Pair Trading with American Express

Moving together with American Stock

Moving against American Stock

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Total Liab	+ 0.99	Total Assets
Common Stock	+ 0.97	Other Stockholder Equity
Long Term Debt	+ 0.93	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.93	Non Current Assets Total
Long Term Debt	+ 0.92	Common Stock

Property Plant And Equipment Net	- 0.92	Common Stock Shares Outstanding
Other Current Liab	- 0.91	Retained Earnings
Common Stock Total Equity	- 0.88	Property Plant And Equipment Net
Common Stock Total Equity	- 0.86	Total Assets
Total Assets	- 0.85	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.83	Total Liab