Assurant Other Liab vs Total Current Liabilities 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 Other Liab and its Total Current Liabilities 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.

Other Liab vs Total Current Liabilities

Other Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Assurant Other Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Assurant's Other Liab and Total Current Liabilities is 0.24. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Other Liab and Total Current Liabilities 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 Liab of Assurant are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Liab i.e., Assurant's Other Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Liab

Total Current Liabilities

Total Current Liabilities is an item on Assurant balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Assurant are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.