Associated Non Current Assets Total vs Good Will Analysis
AC Stock | USD 35.55 0.45 1.25% |
Associated Capital financial indicator trend analysis is way more than just evaluating Associated Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Associated Capital is a good investment. Please check the relationship between Associated Capital Non Current Assets Total and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Non Current Assets Total vs Good Will
Non Current Assets Total vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated Capital Non Current Assets Total account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Associated Capital's Non Current Assets Total and Good Will is 0.47. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Good Will in the same time period over historical financial statements of Associated Capital Group, assuming nothing else is changed. The correlation between historical values of Associated Capital's Non Current Assets Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Associated Capital Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Current Assets Total i.e., Associated Capital's Non Current Assets Total and Good Will go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Associated Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Associated Capital 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 Associated Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Associated Capital's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.21, whereas Discontinued Operations is forecasted to decline to (597.2 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 310K | 216K | 462K | 595.7K | Depreciation And Amortization | 40M | 26.5M | 29.6M | 26.4M |
Associated Capital fundamental ratios Correlations
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Associated Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Associated Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 22.5M | 22.4M | 22.1M | 22.0M | 21.8M | 19.0M | |
Total Assets | 1.0B | 1.2B | 1.2B | 927.7M | 943.8M | 1.0B | |
Other Current Liab | 38.4M | 42.3M | 38.0M | 16.6M | 20.3M | 27.7M | |
Total Current Liabilities | 53.3M | 48.8M | 47.3M | 24.4M | 24.8M | 41.1M | |
Total Stockholder Equity | 897.3M | 901.4M | 935.3M | 890.2M | 907.0M | 902.0M | |
Other Liab | 22.0M | 28.9M | 25.9M | 14.9M | 13.4M | 20.6M | |
Net Debt | (333.8M) | (372.9M) | (375.6M) | (402.6M) | (318.9M) | (334.8M) | |
Accounts Payable | 14.9M | 6.5M | 9.3M | 7.8M | 4.5M | 4.2M | |
Cash | 348.6M | 384.0M | 380.0M | 404.5M | 325.4M | 355.0M | |
Non Current Assets Total | 615.7M | 575.6M | 587.3M | 494.5M | 492.8M | 580.3M | |
Non Currrent Assets Other | 10.6M | 28.9M | 21.7M | 18.7M | (91.1M) | (86.6M) | |
Other Assets | 8.5M | 1.1B | 636.1M | 1.8M | 614.3M | 645.0M | |
Cash And Short Term Investments | 348.6M | 384.0M | 380.0M | 404.5M | 325.4M | 355.0M | |
Net Receivables | 54.2M | 40.0M | 60.9M | 28.7M | 36.5M | 41.2M | |
Short Term Investments | 29.0M | 344.5M | 61.0M | 186.0M | 89.2M | 93.6M | |
Liabilities And Stockholders Equity | 1.0B | 1.2B | 1.2B | 927.7M | 943.8M | 1.0B | |
Non Current Liabilities Total | 16.4M | 17.6M | 18.2M | 2.9M | 5.9M | 11.5M | |
Inventory | (29.0M) | (344.5M) | (61.0M) | (186.0M) | (89.2M) | (93.6M) | |
Other Current Assets | (379.1M) | (76.3M) | (379.9M) | (247.2M) | (361.8M) | (343.7M) | |
Other Stockholder Equity | 898.0M | 874.1M | 798.5M | 859.9M | 810.5M | 781.9M | |
Total Liab | 69.7M | 66.3M | 65.5M | 27.3M | 30.7M | 49.5M | |
Total Current Assets | 402.8M | 599.0M | 616.0M | 433.2M | 451.0M | 455.6M | |
Short Long Term Debt Total | 14.8M | 17.6M | 18.2M | 2.9M | 6.5M | 8.9M | |
Net Tangible Assets | 892.9M | 895.4M | 935.3M | 896.9M | 1.0B | 928.2M | |
Retained Earnings | (701K) | 13.6M | 68.4M | 15.1M | 48.2M | 50.6M | |
Long Term Investments | 605.0M | 544.5M | 562.1M | 472.3M | 466.3M | 534.1M | |
Short Term Debt | 16.3M | 17.6M | 12.9M | 2.9M | 2.6M | 2.5M | |
Property Plant And Equipment Net | (5.5M) | (3.5M) | (8.6M) | 16.9M | 16.5M | 17.3M | |
Warrants | 50.4M | 206.8M | 202.5M | 10.2M | 11.7M | 11.1M | |
Retained Earnings Total Equity | (701K) | 13.6M | 68.4M | 15.1M | 17.4M | 9.1M | |
Capital Surpluse | 1.0B | 1.0B | 999.0M | 990.1M | 899.1M | 801.6M | |
Treasury Stock | (106.3M) | (113.8M) | (121.4M) | (124.0M) | (111.6M) | (117.2M) | |
Non Current Liabilities Other | 16.4M | 17.6M | 12.9M | 2.9M | 5.9M | 8.7M | |
Property Plant Equipment | 6.6M | 17.5M | 17.2M | 16.9M | 19.4M | 20.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Asset Management & Custody Banks 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 Associated Capital. If investors know Associated 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 Associated Capital 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 (0.07) | Dividend Share 0.2 | Earnings Share 1.54 | Revenue Per Share 0.624 | Quarterly Revenue Growth 0.089 |
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.