Assurant Cash And Equivalents vs Net Receivables Analysis

AIZ Stock  USD 218.82  3.34  1.55%   
Assurant financial indicator trend analysis is way more than just evaluating Assurant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Assurant is a good investment. Please check the relationship between Assurant Cash And Equivalents and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.

Cash And Equivalents vs Net Receivables

Cash And Equivalents vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Assurant Cash And Equivalents account and Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Assurant's Cash And Equivalents and Net Receivables is 0.05. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Cash And Equivalents and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Assurant are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Equivalents i.e., Assurant's Cash And Equivalents and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash And Equivalents

Net Receivables

Most indicators from Assurant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Assurant 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 Assurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.At this time, Assurant's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas Tax Provision is likely to drop slightly above 121.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.2B10.2B11.1B9.3B
Total Revenue10.2B10.2B11.1B9.3B

Assurant fundamental ratios Correlations

0.7-0.39-0.61-0.251.0-0.390.150.690.570.70.820.60.52-0.260.49-0.090.380.42-0.030.460.10.12-0.080.520.53
0.7-0.52-0.27-0.260.64-0.24-0.110.740.430.750.470.20.48-0.560.10.030.170.320.090.17-0.390.11-0.20.490.14
-0.39-0.520.610.67-0.36-0.210.01-0.6-0.05-0.42-0.130.1-0.40.690.17-0.22-0.19-0.39-0.41-0.140.42-0.69-0.35-0.38-0.28
-0.61-0.270.610.57-0.630.150.22-0.7-0.13-0.53-0.55-0.42-0.40.480.050.17-0.58-0.52-0.02-0.69-0.07-0.35-0.18-0.37-0.5
-0.25-0.260.670.57-0.24-0.43-0.06-0.640.03-0.20.080.34-0.710.730.35-0.480.2-0.14-0.630.070.57-0.59-0.66-0.71-0.65
1.00.64-0.36-0.63-0.24-0.390.170.660.560.670.830.630.5-0.210.52-0.10.390.41-0.050.480.150.11-0.060.510.56
-0.39-0.24-0.210.15-0.43-0.390.08-0.08-0.61-0.57-0.64-0.740.25-0.32-0.070.82-0.65-0.430.84-0.67-0.290.760.860.210.12
0.15-0.110.010.22-0.060.170.08-0.250.3-0.2-0.04-0.020.010.290.390.24-0.43-0.160.24-0.29-0.080.080.290.050.3
0.690.74-0.6-0.7-0.640.66-0.08-0.250.230.740.550.280.63-0.72-0.040.040.270.520.20.42-0.260.290.10.650.45
0.570.43-0.05-0.130.030.56-0.610.30.230.540.570.460.280.120.17-0.480.170.31-0.120.27-0.03-0.3-0.30.320.35
0.70.75-0.42-0.53-0.20.67-0.57-0.20.740.540.770.520.33-0.41-0.02-0.380.480.62-0.250.57-0.21-0.16-0.410.370.17
0.820.47-0.13-0.550.080.83-0.64-0.040.550.570.770.890.220.050.49-0.510.550.58-0.370.730.4-0.19-0.40.250.31
0.60.20.1-0.420.340.63-0.74-0.020.280.460.520.89-0.120.340.51-0.710.630.57-0.610.830.64-0.37-0.53-0.090.13
0.520.48-0.4-0.4-0.710.50.250.010.630.280.330.22-0.12-0.470.070.43-0.320.190.55-0.16-0.40.390.460.990.83
-0.26-0.560.690.480.73-0.21-0.320.29-0.720.12-0.410.050.34-0.470.48-0.36-0.09-0.04-0.48-0.040.63-0.5-0.32-0.45-0.11
0.490.10.170.050.350.52-0.070.39-0.040.17-0.020.490.510.070.480.07-0.040.09-0.030.030.610.10.020.070.26
-0.090.03-0.220.17-0.48-0.10.820.240.04-0.48-0.38-0.51-0.710.43-0.360.07-0.67-0.40.71-0.75-0.440.60.730.410.27
0.380.17-0.19-0.580.20.39-0.65-0.430.270.170.480.550.63-0.32-0.09-0.04-0.670.41-0.620.830.44-0.2-0.53-0.34-0.24
0.420.32-0.39-0.52-0.140.41-0.43-0.160.520.310.620.580.570.19-0.040.09-0.40.41-0.30.540.07-0.04-0.180.230.31
-0.030.09-0.41-0.02-0.63-0.050.840.240.2-0.12-0.25-0.37-0.610.55-0.48-0.030.71-0.62-0.3-0.57-0.440.820.880.530.38
0.460.17-0.14-0.690.070.48-0.67-0.290.420.270.570.730.83-0.16-0.040.03-0.750.830.54-0.570.43-0.26-0.47-0.150.01
0.1-0.390.42-0.070.570.15-0.29-0.08-0.26-0.03-0.210.40.64-0.40.630.61-0.440.440.07-0.440.43-0.16-0.26-0.42-0.08
0.120.11-0.69-0.35-0.590.110.760.080.29-0.3-0.16-0.19-0.370.39-0.50.10.6-0.2-0.040.82-0.26-0.160.820.350.31
-0.08-0.2-0.35-0.18-0.66-0.060.860.290.1-0.3-0.41-0.4-0.530.46-0.320.020.73-0.53-0.180.88-0.47-0.260.820.430.51
0.520.49-0.38-0.37-0.710.510.210.050.650.320.370.25-0.090.99-0.450.070.41-0.340.230.53-0.15-0.420.350.430.83
0.530.14-0.28-0.5-0.650.560.120.30.450.350.170.310.130.83-0.110.260.27-0.240.310.380.01-0.080.310.510.83
Click cells to compare fundamentals

Assurant Account Relationship Matchups

Assurant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.3B44.6B33.9B33.1B33.6B32.7B
Total Stockholder Equity5.7B6.0B5.5B4.2B4.8B4.8B
Other Assets13.3B10.4B6.6B19.0B11.6B11.8B
Common Stock Shares Outstanding62.3M63.2M60.1M54.8M53.8M72.7M
Liabilities And Stockholders Equity44.3B44.6B33.9B33.1B33.6B32.7B
Total Liab38.6B38.7B28.4B28.9B28.8B27.9B
Other Current Liab(4.0B)(16.9B)(4.5B)(4.2B)(2.4B)(2.3B)
Other Liab11.9B14.9B2.0B620M713M677.4M
Retained Earnings5.2B5.2B5.6B5.2B4.0B3.7B
Accounts Payable4.0B16.9B4.5B4.2B2.4B3.5B
Cash1.9B2.2B2.0B1.5B1.6B1.3B
Long Term Debt2.3B2.6B2.2B2.1B2.1B1.5B
Good Will2.3B2.6B2.6B2.6B2.6B1.4B
Short Term Investments12.7B13.8B7.5B6.4B2.1B2.0B
Intangible Assets2.0B1.2B583.4M262.8M651M728.2M
Property Plant Equipment433.7M493.3M561.4M645.1M741.9M779.0M
Short Long Term Debt Total2.4B2.7B4.4B2.4B2.1B2.0B
Total Current Liabilities4.0B16.9B4.5B4.2B3.5B3.3B
Property Plant And Equipment Net433.7M493.3M561.4M645.1M685.8M389.0M
Net Debt139.8M24.3M161.7M593.2M453M475.7M
Non Current Assets Total6.8B8.4B11.6B3.9B11.3B11.8B
Non Currrent Assets Other(6.8B)(8.4B)(11.6B)(6.3B)(11.3B)(11.8B)
Cash And Short Term Investments14.6B16.0B9.5B8.0B1.6B1.5B
Net Receivables9.6B9.8B6.2B7.0B2.3B2.2B
Non Current Liabilities Total2.0B2.3B2.2B4.2B28.8B30.3B
Other Current Assets(22.3B)4.1B3.9B(4.6B)4.4B4.2B
Property Plant And Equipment Gross347M392M433M190M218.5M319.6M
Total Current Assets24.2B25.9B15.7B10.2B10.8B10.3B
Accumulated Other Comprehensive Income411.5M709.8M(150M)(986.2M)(765M)(726.8M)
Treasury Stock(5.0B)(5.3B)(267.4M)(122.8M)(110.5M)(116.0M)
Short Term Debt102.4M50M2.2B224.7M202.2M192.1M
Noncontrolling Interest In Consolidated Entity10.9M21.9M29.3M3.4M3.9M6.0M
Retained Earnings Total Equity6.0B3.5B4.1B3.7B4.3B4.4B
Inventory22.3B(4.1B)(3.9B)(155.5M)(6.2B)(5.9B)
Net Tangible Assets2.8B2.7B2.9B986.8M888.1M843.7M

Also Currently Popular

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.

Additional Tools for Assurant Stock Analysis

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