American Ebit vs Other Operating Expenses Analysis

AAT Stock  USD 28.67  0.38  1.34%   
American Assets financial indicator trend analysis is way more than just evaluating American Assets Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Assets Trust is a good investment. Please check the relationship between American Assets Ebit and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Ebit vs Other Operating Expenses

Ebit vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Assets Trust Ebit account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Assets' Ebit and Other Operating Expenses is -0.28. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of American Assets Trust, assuming nothing else is changed. The correlation between historical values of American Assets' Ebit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of American Assets Trust are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebit i.e., American Assets' Ebit and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American Assets Trust. It is also known as American Assets overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from American Assets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Assets Trust 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 Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, American Assets' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 18.37 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense58.6M58.2M64.7M58.0M
Depreciation And Amortization276.0M307.9M119.5M119.3M

American Assets fundamental ratios Correlations

0.790.83-0.450.580.710.62-0.450.850.70.430.780.710.870.820.340.8-0.190.83-0.550.660.85-0.450.540.450.74
0.790.96-0.440.570.980.77-0.510.940.950.611.00.890.720.950.520.61-0.260.96-0.760.920.97-0.510.570.790.92
0.830.96-0.450.510.890.65-0.490.990.90.510.960.850.770.990.420.69-0.310.99-0.80.861.0-0.490.610.70.9
-0.45-0.44-0.45-0.04-0.39-0.530.12-0.41-0.41-0.57-0.4-0.31-0.46-0.48-0.51-0.420.05-0.50.57-0.5-0.470.12-0.63-0.45-0.39
0.580.570.51-0.040.570.6-0.480.510.60.280.590.610.460.420.20.36-0.370.44-0.180.470.54-0.480.080.50.49
0.710.980.89-0.390.570.8-0.490.850.940.650.980.870.640.870.560.51-0.260.89-0.710.940.91-0.490.510.820.91
0.620.770.65-0.530.60.8-0.370.590.760.790.770.670.590.610.720.410.120.66-0.480.720.69-0.370.490.790.63
-0.45-0.51-0.490.12-0.48-0.49-0.37-0.54-0.490.1-0.56-0.84-0.24-0.460.25-0.160.45-0.460.33-0.32-0.51.00.29-0.23-0.4
0.850.940.99-0.410.510.850.59-0.540.870.410.930.850.760.990.320.69-0.330.98-0.790.80.99-0.540.550.630.87
0.70.950.9-0.410.60.940.76-0.490.870.590.950.850.650.880.50.53-0.310.89-0.720.90.92-0.490.520.830.86
0.430.610.51-0.570.280.650.790.10.410.590.570.320.480.50.980.370.10.54-0.420.660.540.10.760.670.58
0.781.00.96-0.40.590.980.77-0.560.930.950.570.920.690.930.480.57-0.280.95-0.740.910.96-0.560.50.770.91
0.710.890.85-0.310.610.870.67-0.840.850.850.320.920.530.820.190.4-0.380.83-0.60.740.86-0.840.170.610.77
0.870.720.77-0.460.460.640.59-0.240.760.650.480.690.530.760.420.97-0.120.77-0.720.660.78-0.240.70.60.76
0.820.950.99-0.480.420.870.61-0.460.990.880.50.930.820.760.420.69-0.271.0-0.820.840.99-0.460.630.670.88
0.340.520.42-0.510.20.560.720.250.320.50.980.480.190.420.420.310.20.45-0.350.590.450.250.760.610.48
0.80.610.69-0.420.360.510.41-0.160.690.530.370.570.40.970.690.31-0.20.69-0.710.560.69-0.160.70.50.72
-0.19-0.26-0.310.05-0.37-0.260.120.45-0.33-0.310.1-0.28-0.38-0.12-0.270.2-0.2-0.250.29-0.23-0.290.450.05-0.09-0.41
0.830.960.99-0.50.440.890.66-0.460.980.890.540.950.830.771.00.450.69-0.25-0.820.860.99-0.460.640.690.89
-0.55-0.76-0.80.57-0.18-0.71-0.480.33-0.79-0.72-0.42-0.74-0.6-0.72-0.82-0.35-0.710.29-0.82-0.74-0.790.33-0.65-0.71-0.8
0.660.920.86-0.50.470.940.72-0.320.80.90.660.910.740.660.840.590.56-0.230.86-0.740.86-0.320.610.850.86
0.850.971.0-0.470.540.910.69-0.50.990.920.540.960.860.780.990.450.69-0.290.99-0.790.86-0.50.610.720.89
-0.45-0.51-0.490.12-0.48-0.49-0.371.0-0.54-0.490.1-0.56-0.84-0.24-0.460.25-0.160.45-0.460.33-0.32-0.50.29-0.23-0.4
0.540.570.61-0.630.080.510.490.290.550.520.760.50.170.70.630.760.70.050.64-0.650.610.610.290.590.64
0.450.790.7-0.450.50.820.79-0.230.630.830.670.770.610.60.670.610.5-0.090.69-0.710.850.72-0.230.590.78
0.740.920.9-0.390.490.910.63-0.40.870.860.580.910.770.760.880.480.72-0.410.89-0.80.860.89-0.40.640.78
Click cells to compare fundamentals

American Assets Account Relationship Matchups

American Assets fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding54.1M76.1M76.2M76.2M76.3M67.0M
Total Assets2.8B2.8B3.0B3.0B3.0B2.3B
Short Long Term Debt Total1.4B1.4B1.6B1.7B1.7B1.3B
Other Current Liab(76.6M)(150M)(1.7B)(22.0M)(91.1M)(95.7M)
Total Current Liabilities70.9M165.0M72.4M108.7M98.1M75.3M
Total Stockholder Equity1.3B1.3B1.2B1.2B1.2B862.2M
Other Liab69.7M97.9M94.1M62.4M71.8M65.0M
Net Debt1.3B1.3B1.5B1.6B1.6B1.2B
Accounts Payable62.6M59.3M64.5M66.0M61.3M43.8M
Cash99.3M137.3M139.5M49.6M82.9M73.7M
Non Current Assets Total2.7B2.7B2.8B2.8B2.8B2.2B
Non Currrent Assets Other2.6B2.6B2.7B2.8B2.7B1.8B
Other Assets46.4M2.7B2.9B2.8B2.8B2.9B
Long Term Debt1.4B1.3B1.6B1.6B1.7B1.3B
Cash And Short Term Investments99.3M137.3M139.5M49.6M82.9M75.7M
Net Receivables12.0M79.4M90.2M95.0M96.8M101.7M
Liabilities And Stockholders Equity2.8B2.8B3.0B3.0B3.0B2.3B
Non Current Liabilities Total1.4B1.4B1.7B1.7B1.7B1.3B
Other Current Assets(173.6M)10.4M(229.7M)(144.6M)(179.7M)(170.7M)
Other Stockholder Equity1.6B1.4B1.7B1.7B1.1B1.0B
Total Liab1.5B1.6B1.8B1.8B1.8B1.4B
Total Current Assets121.5M146.0M229.7M144.6M190.2M126.8M
Accumulated Other Comprehensive Income5.7M1.8M2.9M10.6M8.3M8.7M
Intangible Assets76.8M67.1M70.3M64.2M57.2M50.0M
Net Tangible Assets1.3B1.3B1.2B1.2B1.4B1.0B
Noncontrolling Interest In Consolidated Entity(20.2M)(18.0M)(28.8M)(35.7M)(32.2M)(30.6M)
Retained Earnings(144.4M)(176.6M)(217.8M)(251.2M)(280.2M)(266.2M)
Common Stock Total Equity474K601K605K607K698.1K541.6K
Retained Earnings Total Equity(144.4M)(176.6M)(217.8M)(251.2M)(226.1M)(214.7M)
Long Term Debt Total1.4B1.3B1.6B1.6B1.9B1.3B
Capital Surpluse1.5B1.4B1.5B1.5B1.7B1.1B
Deferred Long Term Liab46.4M39.2M39.2M39.7M45.7M25.6M
Non Current Liabilities Other68.1M91.3M86.2M79.6M16.6M15.8M
Short Term Debt51.0M150M1.6B34.1M100M188.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for American Stock Analysis

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