Albertsons Other Current Liab vs Non Currrent Assets Other Analysis

ACI Stock  USD 19.10  0.42  2.15%   
Albertsons Companies financial indicator trend analysis is way more than just evaluating Albertsons Companies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albertsons Companies is a good investment. Please check the relationship between Albertsons Companies Other Current Liab and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albertsons Companies. 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.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albertsons Companies Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Albertsons Companies' Other Current Liab and Non Currrent Assets Other is -0.33. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Albertsons Companies, assuming nothing else is changed. The correlation between historical values of Albertsons Companies' Other Current Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Albertsons Companies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., Albertsons Companies' Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Albertsons Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albertsons Companies 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 Albertsons Companies. 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.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.The Albertsons Companies' current Tax Provision is estimated to increase to about 307.6 M. The Albertsons Companies' current Selling General Administrative is estimated to increase to about 18.8 B
 2021 2022 2023 2024 (projected)
Interest Expense481.9M404.6M492.4M666.9M
Depreciation And Amortization2.4B2.3B2.4B1.8B

Albertsons Companies fundamental ratios Correlations

-0.39-0.38-0.56-0.49-0.52-0.42-0.22-0.33-0.24-0.46-0.24-0.370.17-0.25-0.28-0.3-0.3-0.35-0.140.02-0.36-0.27-0.42-0.590.09
-0.390.990.720.970.220.980.840.98-0.30.970.521.0-0.020.520.930.970.990.970.430.121.00.870.960.730.61
-0.380.990.690.970.120.980.840.99-0.350.970.50.99-0.10.50.930.970.980.970.350.111.00.840.950.740.59
-0.560.720.690.820.570.710.370.69-0.120.830.310.72-0.330.310.720.690.620.720.250.270.690.710.670.810.34
-0.490.970.970.820.280.980.80.95-0.210.990.530.97-0.160.530.880.920.920.930.330.060.960.860.920.870.49
-0.520.220.120.570.280.210.140.090.510.280.160.230.160.160.120.080.10.110.420.00.160.40.170.44-0.07
-0.420.980.980.710.980.210.860.97-0.180.970.520.98-0.110.520.870.920.950.920.32-0.030.980.890.920.810.45
-0.220.840.840.370.80.140.860.82-0.080.760.460.850.090.470.70.720.840.720.4-0.140.840.770.750.670.43
-0.330.980.990.690.950.090.970.82-0.420.960.370.98-0.20.380.960.970.970.970.370.20.980.870.910.720.6
-0.24-0.3-0.35-0.12-0.210.51-0.18-0.08-0.42-0.240.24-0.290.310.24-0.59-0.48-0.39-0.5-0.16-0.78-0.34-0.12-0.310.13-0.72
-0.460.970.970.830.990.280.970.760.96-0.240.490.97-0.210.490.90.940.930.950.270.090.960.890.910.820.47
-0.240.520.50.310.530.160.520.460.370.240.490.460.481.00.260.450.50.41-0.05-0.50.510.260.660.420.28
-0.371.00.990.720.970.230.980.850.98-0.290.970.46-0.070.460.930.950.980.960.440.120.990.910.930.750.57
0.17-0.02-0.1-0.33-0.160.16-0.110.09-0.20.31-0.210.48-0.070.48-0.2-0.10.02-0.150.41-0.32-0.03-0.170.12-0.320.24
-0.250.520.50.310.530.160.520.470.380.240.491.00.460.480.260.460.50.41-0.04-0.50.520.270.670.430.28
-0.280.930.930.720.880.120.870.70.96-0.590.90.260.93-0.20.260.960.930.980.460.450.930.820.880.60.73
-0.30.970.970.690.920.080.920.720.97-0.480.940.450.95-0.10.460.960.971.00.330.240.970.820.950.610.67
-0.30.990.980.620.920.10.950.840.97-0.390.930.50.980.020.50.930.970.970.430.140.990.840.960.630.66
-0.350.970.970.720.930.110.920.720.97-0.50.950.410.96-0.150.410.981.00.970.350.30.970.820.940.640.67
-0.140.430.350.250.330.420.320.40.37-0.160.27-0.050.440.41-0.040.460.330.430.350.390.410.390.380.170.57
0.020.120.110.270.060.0-0.03-0.140.2-0.780.09-0.50.12-0.32-0.50.450.240.140.30.390.120.090.1-0.130.58
-0.361.01.00.690.960.160.980.840.98-0.340.960.510.99-0.030.520.930.970.990.970.410.120.860.960.710.62
-0.270.870.840.710.860.40.890.770.87-0.120.890.260.91-0.170.270.820.820.840.820.390.090.860.730.710.34
-0.420.960.950.670.920.170.920.750.91-0.310.910.660.930.120.670.880.950.960.940.380.10.960.730.640.68
-0.590.730.740.810.870.440.810.670.720.130.820.420.75-0.320.430.60.610.630.640.17-0.130.710.710.640.13
0.090.610.590.340.49-0.070.450.430.6-0.720.470.280.570.240.280.730.670.660.670.570.580.620.340.680.13
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Albertsons Companies Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Albertsons Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albertsons Companies' 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 Albertsons Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albertsons Companies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albertsons Companies. 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.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Consumer Staples Distribution & Retail 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 Albertsons Companies. If investors know Albertsons 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 Albertsons Companies 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
(0.46)
Dividend Share
0.48
Earnings Share
1.71
Revenue Per Share
137.961
Quarterly Revenue Growth
0.014
The market value of Albertsons Companies is measured differently than its book value, which is the value of Albertsons that is recorded on the company's balance sheet. Investors also form their own opinion of Albertsons Companies' value that differs from its market value or its book value, called intrinsic value, which is Albertsons Companies' 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 Albertsons Companies' market value can be influenced by many factors that don't directly affect Albertsons Companies' 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 Albertsons Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Albertsons Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albertsons Companies' 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.