Arthur Balance Sheet Analysis From 2010 to 2024
| AJG Stock | USD 230.52 0.91 0.39% |
Arthur |
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 Arthur J Valuation and Arthur J Correlation analysis. At this time, Arthur J's Tax Provision is most likely to increase significantly in the upcoming years. The Arthur J's current Enterprise Value is estimated to increase to about 3.9 B, while Selling General Administrative is projected to decrease to roughly 128.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.6B | 1.9B | 135.3M | 128.5M | Cost Of Revenue | 5.2B | 5.0B | 1.8B | 1.6B |
Arthur J fundamental ratios Correlations
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Arthur J Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arthur J fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 19.6B | 22.3B | 33.3B | 38.9B | 51.6B | 54.2B | |
| Other Current Liab | 1.3B | 1.6B | 1.9B | 2.1B | 26.9B | 28.3B | |
| Net Debt | 4.3B | 4.2B | 6.2B | 6.1B | 7.3B | 7.7B | |
| Retained Earnings | 1.9B | 2.4B | 2.9B | 3.6B | 4.1B | 4.3B | |
| Cash | 604.8M | 664.6M | 402.6M | 342.3M | 971.5M | 1.0B | |
| Net Receivables | 5.4B | 6.4B | 11.8B | 16.4B | 3.8B | 2.2B | |
| Good Will | 5.6B | 6.1B | 8.7B | 9.5B | 11.5B | 12.0B | |
| Other Current Assets | 1.1B | 1.1B | 1.5B | 1.5B | 281M | 385.0M | |
| Total Liab | 14.4B | 16.1B | 24.8B | 29.7B | 40.8B | 42.8B | |
| Total Current Assets | 9.1B | 11.1B | 17.7B | 22.8B | 32.1B | 33.7B | |
| Intangible Assets | 2.3B | 2.4B | 4.0B | 3.4B | 4.6B | 4.9B | |
| Accounts Payable | 6.3B | 7.8B | 13.8B | 18.7B | 2.6B | 3.0B | |
| Common Stock | 188.1M | 193.7M | 208.5M | 211.9M | 216.7M | 147.1M | |
| Other Liab | 1.3B | 1.4B | 1.9B | 2.0B | 2.3B | 2.4B | |
| Other Assets | 1.7B | 2.2M | 2.2B | 2.3B | 2.6B | 2.8B | |
| Inventory | 2.0B | 2.9B | 4.1B | 4.6B | 27.1B | 28.4B | |
| Long Term Debt | 3.8B | 4.3B | 5.8B | 5.6B | 7.0B | 7.4B | |
| Short Term Debt | 790.6M | 278.6M | 473.4M | 551.9M | 959M | 1.0B | |
| Net Tangible Assets | (2.8B) | (2.3B) | (4.1B) | (3.7B) | (3.3B) | (3.2B) | |
| Long Term Debt Total | 3.8B | 4.3B | 5.8B | 5.6B | 6.4B | 6.7B | |
| Capital Surpluse | 3.8B | 4.3B | 6.1B | 6.5B | 7.5B | 7.9B |
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
| 0.78 | ERIE | Erie Indemnity Financial Report 25th of April 2024 | PairCorr |
| 0.8 | AON | Aon PLC Financial Report 26th of April 2024 | PairCorr |
Moving against Arthur Stock
| 0.71 | ALIZY | Allianz SE ADR | PairCorr |
| 0.48 | DHIL | Diamond Hill Investment | PairCorr |
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.Check out Arthur J Valuation and Arthur J Correlation analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Arthur Stock analysis
When running Arthur J's price analysis, check to measure Arthur J's 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 Arthur J is operating at the current time. Most of Arthur J's value examination focuses on studying past and present price action to predict the probability of Arthur J's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arthur J's price. Additionally, you may evaluate how the addition of Arthur J to your portfolios can decrease your overall portfolio volatility.
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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 4.42 | 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.