American Non Currrent Assets Other vs Accounts Payable Analysis
AEO Stock | USD 19.08 0.06 0.31% |
American Eagle financial indicator trend analysis is way more than just evaluating American Eagle Outfitters prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Eagle Outfitters is a good investment. Please check the relationship between American Eagle Non Currrent Assets Other and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Eagle Outfitters. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Non Currrent Assets Other vs Accounts Payable
Non Currrent Assets Other vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Eagle Outfitters Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Eagle's Non Currrent Assets Other and Accounts Payable is 0.57. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of American Eagle Outfitters, assuming nothing else is changed. The correlation between historical values of American Eagle's Non Currrent Assets Other and Accounts Payable 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 Currrent Assets Other of American Eagle Outfitters are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Currrent Assets Other i.e., American Eagle's Non Currrent Assets Other and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Accounts Payable
An accounting item on the balance sheet that represents American Eagle obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of American Eagle Outfitters are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from American Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Eagle Outfitters 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 Eagle Outfitters. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, American Eagle's Discontinued Operations is very stable compared to the past year. As of the 5th of November 2024, Enterprise Value Over EBITDA is likely to grow to 8.13, while Selling General Administrative is likely to drop about 624.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.0B | 1.7B | 1.8B | 1.0B | Total Revenue | 5.0B | 5.0B | 5.3B | 2.7B |
American Eagle fundamental ratios Correlations
Click cells to compare fundamentals
American Eagle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Eagle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.3B | 3.4B | 3.8B | 3.4B | 3.9B | 4.1B | |
Other Current Liab | 109.9M | 211.8M | 228.7M | 160.9M | 272.1M | 285.7M | |
Total Current Liabilities | 751.8M | 858.5M | 842.9M | 768.9M | 891.2M | 935.7M | |
Total Stockholder Equity | 1.2B | 1.1B | 1.4B | 1.6B | 1.7B | 993.2M | |
Property Plant And Equipment Net | 2.2B | 1.8B | 1.9B | 1.9B | 1.7B | 1.8B | |
Net Debt | 1.2B | 952.2M | 1.4B | 1.2B | 831.5M | 873.1M | |
Accounts Payable | 285.7M | 255.9M | 231.8M | 234.3M | 268.3M | 148.7M | |
Cash | 361.9M | 850.5M | 434.8M | 170.2M | 354.1M | 311.5M | |
Non Current Assets Total | 2.3B | 1.9B | 2.4B | 2.3B | 2.5B | 2.6B | |
Non Currrent Assets Other | 51.0M | 29.0M | 50.1M | 56.2M | 6.3M | 6.0M | |
Cash And Short Term Investments | 416.9M | 850.5M | 434.8M | 170.2M | 454.1M | 414.9M | |
Common Stock Shares Outstanding | 170.9M | 166.5M | 206.5M | 205.2M | 196.9M | 205.5M | |
Liabilities And Stockholders Equity | 3.3B | 3.4B | 3.8B | 3.4B | 3.9B | 4.1B | |
Non Current Liabilities Total | 1.3B | 1.5B | 1.5B | 1.1B | 1.3B | 1.3B | |
Inventory | 446.3M | 405.4M | 553.5M | 585.1M | 640.7M | 672.7M | |
Other Current Assets | 65.7M | 120.6M | 122.0M | 102.6M | 90.7M | 74.8M | |
Other Stockholder Equity | (829.8M) | (743.7M) | (741.8M) | (507.8M) | (463.5M) | (440.3M) | |
Total Liab | 2.1B | 2.3B | 2.4B | 1.8B | 2.1B | 2.3B | |
Property Plant And Equipment Gross | 2.2B | 1.8B | 1.9B | 1.9B | 3.4B | 3.6B | |
Total Current Assets | 1.0B | 1.5B | 1.4B | 1.1B | 1.4B | 832.4M | |
Accumulated Other Comprehensive Income | (33.2M) | (40.7M) | (40.8M) | (32.6M) | (16.4M) | (15.6M) | |
Short Term Debt | 299.2M | 328.6M | 311.0M | 337.3M | 284.5M | 298.7M | |
Retained Earnings | 2.1B | 1.9B | 2.2B | 2.1B | 2.2B | 1.3B | |
Net Receivables | 119.1M | 146.1M | 286.7M | 242.4M | 247.9M | 260.3M | |
Current Deferred Revenue | 57.0M | 62.2M | 71.4M | 36.5M | 66.3M | 59.1M | |
Short Term Investments | 55M | 325.5M | 296.0M | 85.2M | 100M | 126.5M | |
Other Liab | 27.3M | 15.6M | 24.6M | 22.7M | 26.1M | 24.8M | |
Other Assets | 73.7M | 62.1M | 94.3M | 92.7M | 106.6M | 53.3M | |
Intangible Assets | 39.8M | 57.1M | 102.7M | 94.5M | 46.1M | 38.1M | |
Property Plant Equipment | 735.1M | 1.8B | 1.9B | 1.9B | 2.1B | 2.3B | |
Good Will | 13.2M | 13.3M | 271.4M | 264.9M | 225.3M | 236.6M | |
Treasury Stock | (1.3B) | (1.4B) | (1.4B) | (1.4B) | (1.2B) | (1.2B) | |
Net Tangible Assets | 1.2B | 1.0B | 1.0B | 1.2B | 1.1B | 932.5M | |
Capital Surpluse | 577.9M | 663.7M | 636.4M | 341.8M | 307.6M | 454.7M |
Pair Trading with American Eagle
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 American Eagle 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 American Eagle will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to American Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Eagle 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 American Eagle - 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 American Eagle Outfitters to buy it.
The correlation of American Eagle 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 American Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Eagle Outfitters 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 American Eagle 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American Eagle Outfitters. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Specialty 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 American Eagle. If investors know American 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 American Eagle 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 0.568 | Dividend Share 0.475 | Earnings Share 1.23 | Revenue Per Share 27.689 | Quarterly Revenue Growth 0.075 |
The market value of American Eagle Outfitters is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Eagle's value that differs from its market value or its book value, called intrinsic value, which is American Eagle'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 American Eagle's market value can be influenced by many factors that don't directly affect American Eagle'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 American Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Eagle'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.