Acuity Brands Stock Cash And Equivalents

AYI Stock  USD 326.24  5.83  1.82%   
Acuity Brands fundamentals help investors to digest information that contributes to Acuity Brands' financial success or failures. It also enables traders to predict the movement of Acuity Stock. The fundamental analysis module provides a way to measure Acuity Brands' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Acuity Brands stock.
Last ReportedProjected for Next Year
Cash And Equivalents457.6 M410.8 M
The current Cash And Equivalents is estimated to decrease to about 410.8 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Acuity Brands Company Cash And Equivalents Analysis

Acuity Brands' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Acuity Brands Cash And Equivalents

    
  397.9 M  
Most of Acuity Brands' fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Acuity Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Acuity Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Acuity Brands is extremely important. It helps to project a fair market value of Acuity Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Acuity Brands' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Acuity Brands' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Acuity Brands' interrelated accounts and indicators.
0.990.740.620.970.940.650.78-0.46-0.250.880.91-0.780.770.55-0.760.59-0.730.660.910.01-0.84-0.84-0.170.02-0.270.58-0.05
0.990.740.550.960.880.580.74-0.52-0.340.840.93-0.740.750.61-0.710.54-0.70.610.890.08-0.8-0.81-0.220.06-0.20.59-0.04
0.740.740.180.760.680.320.49-0.54-0.270.860.7-0.630.460.52-0.40.26-0.230.240.550.3-0.54-0.73-0.26-0.39-0.160.080.04
0.620.550.180.590.740.50.55-0.090.110.460.53-0.440.720.33-0.840.86-0.720.970.77-0.72-0.59-0.440.220.03-0.550.63-0.22
0.970.960.760.590.920.680.78-0.51-0.130.890.81-0.840.750.5-0.750.54-0.70.610.860.05-0.85-0.89-0.19-0.06-0.320.48-0.01
0.940.880.680.740.920.770.81-0.27-0.010.890.79-0.830.770.37-0.810.67-0.750.720.87-0.17-0.87-0.85-0.05-0.08-0.430.51-0.07
0.650.580.320.50.680.770.810.130.390.650.34-0.80.51-0.11-0.580.34-0.640.410.570.04-0.8-0.73-0.21-0.03-0.280.320.03
0.780.740.490.550.780.810.810.00.140.810.6-0.910.670.26-0.660.49-0.580.570.80.09-0.75-0.86-0.3-0.13-0.090.53-0.18
-0.46-0.52-0.54-0.09-0.51-0.270.130.00.45-0.36-0.470.15-0.3-0.470.28-0.150.2-0.11-0.3-0.170.290.30.140.050.320.01-0.22
-0.25-0.34-0.270.11-0.13-0.010.390.140.45-0.01-0.54-0.07-0.3-0.720.08-0.240.16-0.07-0.25-0.170.040.050.13-0.45-0.43-0.410.38
0.880.840.860.460.890.890.650.81-0.36-0.010.74-0.860.660.37-0.660.46-0.510.460.760.16-0.79-0.9-0.19-0.38-0.310.26-0.01
0.910.930.70.530.810.790.340.6-0.47-0.540.74-0.550.70.7-0.630.59-0.610.630.85-0.03-0.64-0.63-0.110.13-0.120.64-0.12
-0.78-0.74-0.63-0.44-0.84-0.83-0.8-0.910.15-0.07-0.86-0.55-0.72-0.30.67-0.490.61-0.45-0.74-0.20.840.980.340.140.1-0.420.25
0.770.750.460.720.750.770.510.67-0.3-0.30.660.7-0.720.68-0.950.9-0.840.790.92-0.23-0.84-0.77-0.020.02-0.080.74-0.6
0.550.610.520.330.50.37-0.110.26-0.47-0.720.370.7-0.30.68-0.530.58-0.390.530.68-0.06-0.32-0.43-0.090.080.290.65-0.56
-0.76-0.71-0.4-0.84-0.75-0.81-0.58-0.660.280.08-0.66-0.630.67-0.95-0.53-0.90.87-0.85-0.90.390.860.71-0.090.080.32-0.660.43
0.590.540.260.860.540.670.340.49-0.15-0.240.460.59-0.490.90.58-0.9-0.760.90.81-0.59-0.64-0.520.160.07-0.250.73-0.61
-0.73-0.7-0.23-0.72-0.7-0.75-0.64-0.580.20.16-0.51-0.610.61-0.84-0.390.87-0.76-0.71-0.790.30.880.63-0.1-0.310.24-0.750.32
0.660.610.240.970.610.720.410.57-0.11-0.070.460.63-0.450.790.53-0.850.9-0.710.85-0.66-0.56-0.470.170.06-0.350.76-0.37
0.910.890.550.770.860.870.570.8-0.3-0.250.760.85-0.740.920.68-0.90.81-0.790.85-0.21-0.8-0.78-0.070.02-0.140.78-0.37
0.010.080.3-0.720.05-0.170.040.09-0.17-0.170.16-0.03-0.2-0.23-0.060.39-0.590.3-0.66-0.210.01-0.21-0.6-0.10.48-0.340.19
-0.84-0.8-0.54-0.59-0.85-0.87-0.8-0.750.290.04-0.79-0.640.84-0.84-0.320.86-0.640.88-0.56-0.80.010.850.110.020.28-0.510.2
-0.84-0.81-0.73-0.44-0.89-0.85-0.73-0.860.30.05-0.9-0.630.98-0.77-0.430.71-0.520.63-0.47-0.78-0.210.850.320.150.11-0.430.25
-0.17-0.22-0.260.22-0.19-0.05-0.21-0.30.140.13-0.19-0.110.34-0.02-0.09-0.090.16-0.10.17-0.07-0.60.110.32-0.08-0.22-0.04-0.02
0.020.06-0.390.03-0.06-0.08-0.03-0.130.05-0.45-0.380.130.140.020.080.080.07-0.310.060.02-0.10.020.15-0.080.230.5-0.11
-0.27-0.2-0.16-0.55-0.32-0.43-0.28-0.090.32-0.43-0.31-0.120.1-0.080.290.32-0.250.24-0.35-0.140.480.280.11-0.220.230.19-0.52
0.580.590.080.630.480.510.320.530.01-0.410.260.64-0.420.740.65-0.660.73-0.750.760.78-0.34-0.51-0.43-0.040.50.19-0.57
-0.05-0.040.04-0.22-0.01-0.070.03-0.18-0.220.38-0.01-0.120.25-0.6-0.560.43-0.610.32-0.37-0.370.190.20.25-0.02-0.11-0.52-0.57
Click cells to compare fundamentals

Acuity Cash And Equivalents Historical Pattern

Today, most investors in Acuity Brands Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Acuity Brands' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Acuity Brands cash and equivalents as a starting point in their analysis.
   Acuity Brands Cash And Equivalents   
       Timeline  
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Acuity Brands has 397.9 M in Cash And Equivalents. This indicator is about the same for the Electrical Equipment average (which is currently at 393.01 M) sector and significantly higher than that of the Industrials industry. The cash and equivalents for all United States stocks is 85.27% higher than that of the company.

Acuity Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Acuity Brands' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Acuity Brands could also be used in its relative valuation, which is a method of valuing Acuity Brands by comparing valuation metrics of similar companies.
Acuity Brands is currently under evaluation in cash and equivalents category among its peers.

Acuity Brands ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Acuity Brands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Acuity Brands' managers, analysts, and investors.
Environmental
Governance
Social

Acuity Fundamentals

About Acuity Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Acuity Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acuity Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acuity Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:
Check out Acuity Brands Piotroski F Score and Acuity Brands Altman Z Score analysis.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Electrical Components & Equipment space 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 Acuity Brands. If investors know Acuity 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 Acuity Brands 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
0.434
Dividend Share
0.58
Earnings Share
13.44
Revenue Per Share
124.365
Quarterly Revenue Growth
0.022
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.