American Accounts Payable vs Common Stock Shares Outstanding Analysis
AFG Stock | USD 137.82 0.19 0.14% |
American Financial financial indicator trend analysis is way more than just evaluating American Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Financial is a good investment. Please check the relationship between American Financial Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial 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 census.
Accounts Payable vs Common Stock Shares Outstanding
Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Financial Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American Financial's Accounts Payable and Common Stock Shares Outstanding is -0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of American Financial Group, assuming nothing else is changed. The correlation between historical values of American Financial's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of American Financial Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., American Financial's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents American Financial 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 Financial 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from American Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Financial 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 Financial 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 census. At this time, American Financial's Enterprise Value Multiple is most likely to increase slightly in the upcoming years. The American Financial's current Enterprise Value is estimated to increase to about 8.1 B, while Discontinued Operations is projected to decrease to roughly 731.2 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 94M | 76M | 70.8M | Depreciation And Amortization | 187M | 78M | 147.1M |
American Financial fundamental ratios Correlations
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American Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.1B | 73.6B | 28.9B | 28.8B | 29.8B | 26.8B | |
Short Long Term Debt Total | 1.5B | 7.2B | 2.0B | 1.5B | 1.5B | 1.2B | |
Other Current Liab | (814M) | (807M) | (920M) | (1.0B) | (1.2B) | (1.1B) | |
Total Current Liabilities | 814M | 807M | 920M | 1.0B | 9.8B | 17.6B | |
Total Stockholder Equity | 6.3B | 6.8B | 5.0B | 4.1B | 4.3B | 3.2B | |
Property Plant And Equipment Net | 158M | 139M | 118M | 103M | 176M | 184.8M | |
Net Debt | (841M) | (847M) | (167M) | 624M | 250M | 262.5M | |
Retained Earnings | 4.0B | 4.1B | 3.5B | 3.1B | 3.1B | 1.8B | |
Cash | 2.3B | 2.8B | 2.1B | 872M | 1.2B | 1.0B | |
Non Current Assets Total | 50.5B | 47.0B | 13.2B | 13.1B | 20.2B | 25.6B | |
Non Currrent Assets Other | (1.2B) | (525M) | (501M) | (486M) | 17.8B | 18.7B | |
Other Assets | (34.9B) | (31.8B) | (2.4B) | 1.1B | 6.9B | 7.2B | |
Cash And Short Term Investments | 48.8B | 46.0B | 12.5B | 11.0B | 1.7B | 1.7B | |
Liabilities And Stockholders Equity | 70.1B | 73.6B | 28.9B | 28.8B | 29.8B | 26.8B | |
Non Current Liabilities Total | 1.5B | 2.0B | 2.0B | 4.2B | 10.6B | 11.1B | |
Other Stockholder Equity | 1.3B | 1.3B | 1.3B | 1.4B | 1.4B | 1.2B | |
Total Liab | 63.9B | 66.8B | 23.9B | 24.8B | 25.5B | 23.3B | |
Total Current Assets | 54.5B | 58.3B | 18.1B | 14.6B | 2.7B | 2.8B | |
Accumulated Other Comprehensive Income | 863M | 1.3B | 119M | (543M) | (319M) | (303.1M) | |
Short Term Debt | 285M | 445M | 46M | 5.2B | 38M | 0.0 | |
Net Receivables | 5.7B | 12.3B | 5.6B | 886M | 7.1B | 7.5B | |
Other Current Assets | 6.4B | 3.6B | 5.5B | 917M | 961M | 1.0B | |
Intangible Assets | 250M | 210M | 352M | 354M | 522M | 493.5M | |
Accounts Payable | 814M | 807M | 920M | 1.0B | 1.2B | 1.2B | |
Short Term Investments | 46.5B | 43.2B | 10.4B | 10.1B | 521M | 495.0M | |
Other Liab | 50.3B | 61.2B | 17.9B | 18.9B | 21.7B | 22.6B | |
Long Term Debt | 1.5B | 2.0B | 2.0B | 1.5B | 1.5B | 1.3B | |
Net Tangible Assets | 6.1B | 6.6B | 5.0B | 3.8B | 4.4B | 5.3B | |
Retained Earnings Total Equity | 4.0B | 4.1B | 3.5B | 3.1B | 3.6B | 3.3B | |
Long Term Debt Total | 1.5B | 2.0B | 2.0B | 1.5B | 1.7B | 1.4B | |
Capital Surpluse | 1.3B | 1.3B | 1.3B | 1.4B | 1.6B | 1.3B |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial 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 census. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Multi-line Insurance 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 Financial. 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 Financial 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 0.032 | Dividend Share 2.93 | Earnings Share 10.65 | Revenue Per Share 94.463 | Quarterly Revenue Growth 0.108 |
The market value of American Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is American Financial'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 Financial's market value can be influenced by many factors that don't directly affect American Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Financial'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.