Assurant Historical Balance Sheet

AIZN Stock  USD 22.49  0.34  1.53%   
Trend analysis of Assurant balance sheet accounts such as Total Stockholder Equity of 4.8 B, Other Assets of 18 B or Common Stock Shares Outstanding of 72.7 M provides information on Assurant's total assets, liabilities, and equity, which is the actual value of Assurant to its prevalent stockholders. By breaking down trends over time using Assurant balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Assurant latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Assurant is a good buy for the upcoming year.

Assurant Inventory

(5.94 Billion)

  
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 nation.
To learn how to invest in Assurant Stock, please use our How to Invest in Assurant guide.

About Assurant Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Assurant at a specified time, usually calculated after every quarter, six months, or one year. Assurant Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Assurant and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Assurant currently owns. An asset can also be divided into two categories, current and non-current.

Assurant Balance Sheet Chart

At this time, Assurant's Common Stock is very stable compared to the past year. As of the 14th of October 2024, Intangible Assets is likely to grow to about 831.5 M, while Total Assets are likely to drop about 32.7 B.

Total Assets

Total assets refers to the total amount of Assurant assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Assurant books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most accounts from Assurant's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Assurant current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 nation.
To learn how to invest in Assurant Stock, please use our How to Invest in Assurant guide.At this time, Assurant's Common Stock is very stable compared to the past year. As of the 14th of October 2024, Intangible Assets is likely to grow to about 831.5 M, while Total Assets are likely to drop about 32.7 B.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity5.5B4.2B4.8B4.8B
Total Assets33.9B33.1B33.6B32.7B

Assurant balance sheet Correlations

0.7-0.35-0.61-0.251.00.39-0.37-0.030.460.10.660.650.680.1-0.090.570.650.750.520.37-0.180.49-0.160.67-0.14
0.7-0.48-0.27-0.260.640.34-0.220.090.17-0.390.740.560.670.11-0.220.530.160.430.490.01-0.170.22-0.070.550.08
-0.35-0.480.450.83-0.32-0.15-0.37-0.610.10.54-0.65-0.25-0.2-0.75-0.44-0.63-0.34-0.04-0.630.30.550.29-0.32-0.3-0.15
-0.61-0.270.450.57-0.63-0.370.13-0.02-0.69-0.07-0.71-0.27-0.43-0.25-0.26-0.43-0.78-0.65-0.41-0.420.32-0.010.28-0.420.05
-0.25-0.260.830.57-0.240.12-0.45-0.640.070.57-0.66-0.14-0.02-0.69-0.57-0.71-0.450.06-0.720.150.770.45-0.37-0.240.21
1.00.64-0.32-0.63-0.240.38-0.38-0.040.480.150.620.640.650.1-0.070.550.680.760.510.4-0.180.5-0.170.65-0.16
0.390.34-0.15-0.370.120.38-0.64-0.520.690.30.380.370.73-0.27-0.580.020.110.76-0.040.630.450.55-0.680.290.77
-0.37-0.22-0.370.13-0.45-0.38-0.640.85-0.66-0.3-0.01-0.55-0.670.810.830.2-0.1-0.650.26-0.6-0.7-0.880.81-0.46-0.32
-0.030.09-0.61-0.02-0.64-0.04-0.520.85-0.58-0.450.23-0.03-0.380.90.80.520.12-0.460.56-0.52-0.7-0.70.670.06-0.42
0.460.170.1-0.690.070.480.69-0.66-0.580.430.390.310.58-0.38-0.37-0.10.40.9-0.150.770.360.43-0.810.340.28
0.1-0.390.54-0.070.570.150.3-0.3-0.450.43-0.31-0.14-0.1-0.26-0.18-0.410.140.44-0.410.550.420.33-0.37-0.160.11
0.660.74-0.65-0.71-0.660.620.38-0.010.230.39-0.310.380.570.350.090.640.380.520.610.29-0.47-0.11-0.070.440.01
0.650.56-0.25-0.27-0.140.640.37-0.55-0.030.31-0.140.380.67-0.13-0.30.430.360.480.380.290.230.55-0.460.96-0.06
0.680.67-0.2-0.43-0.020.650.73-0.67-0.380.58-0.10.570.67-0.31-0.550.320.250.730.240.50.230.6-0.550.630.3
0.10.11-0.75-0.25-0.690.1-0.270.810.9-0.38-0.260.35-0.13-0.310.840.50.28-0.240.54-0.43-0.72-0.640.64-0.04-0.18
-0.09-0.22-0.44-0.26-0.57-0.07-0.580.830.8-0.37-0.180.09-0.3-0.550.840.270.34-0.40.33-0.47-0.68-0.730.63-0.16-0.47
0.570.53-0.63-0.43-0.710.550.020.20.52-0.1-0.410.640.430.320.50.270.610.121.0-0.04-0.71-0.030.310.54-0.28
0.650.16-0.34-0.78-0.450.680.11-0.10.120.40.140.380.360.250.280.340.610.450.610.18-0.390.21-0.060.53-0.31
0.750.43-0.04-0.650.060.760.76-0.65-0.460.90.440.520.480.73-0.24-0.40.120.450.060.760.270.57-0.670.470.26
0.520.49-0.63-0.41-0.720.51-0.040.260.56-0.15-0.410.610.380.240.540.331.00.610.06-0.08-0.74-0.080.370.5-0.31
0.370.010.3-0.420.150.40.63-0.6-0.520.770.550.290.290.5-0.43-0.47-0.040.180.76-0.080.310.44-0.680.230.16
-0.18-0.170.550.320.77-0.180.45-0.7-0.70.360.42-0.470.230.23-0.72-0.68-0.71-0.390.27-0.740.310.56-0.760.080.49
0.490.220.29-0.010.450.50.55-0.88-0.70.430.33-0.110.550.6-0.64-0.73-0.030.210.57-0.080.440.56-0.530.430.28
-0.16-0.07-0.320.28-0.37-0.17-0.680.810.67-0.81-0.37-0.07-0.46-0.550.640.630.31-0.06-0.670.37-0.68-0.76-0.53-0.43-0.39
0.670.55-0.3-0.42-0.240.650.29-0.460.060.34-0.160.440.960.63-0.04-0.160.540.530.470.50.230.080.43-0.43-0.19
-0.140.08-0.150.050.21-0.160.77-0.32-0.420.280.110.01-0.060.3-0.18-0.47-0.28-0.310.26-0.310.160.490.28-0.39-0.19
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Assurant Account Relationship Matchups

Assurant balance sheet Accounts

201920202021202220232024 (projected)
Total Assets44.3B44.6B33.9B33.1B33.6B32.7B
Total Stockholder Equity5.7B6.0B5.5B4.2B4.8B4.8B
Other Assets13.3B10.4B6.6B19.0B19.0B18.0B
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
Short Long Term Debt Total2.0B2.7B4.8B2.7B2.1B1.8B
Other Current Liab(4.0B)(16.9B)(4.5B)(4.2B)(2.4B)(2.3B)
Total Current Liabilities4.0B16.9B4.5B4.2B2.4B2.3B
Property Plant And Equipment Net433.7M493.3M561.4M645.1M685.8M389.0M
Net Debt139.8M24.3M161.7M593.2M453M475.7M
Retained Earnings5.2B5.2B5.6B5.2B4.0B3.9B
Accounts Payable4.0B16.9B4.5B4.2B2.4B3.5B
Cash1.9B2.2B2.0B1.5B1.6B1.4B
Non Current Assets Total6.8B8.4B11.6B3.9B3.9B4.1B
Non Currrent Assets Other(6.8B)(8.4B)(11.6B)(6.3B)(1.3B)(1.4B)
Cash And Short Term Investments14.6B16.0B9.5B8.0B3.7B3.5B
Net Receivables9.6B9.8B6.2B7.0B8.9B5.7B
Good Will2.3B2.6B2.6B2.6B2.6B1.4B
Short Term Investments12.7B13.8B7.5B6.4B2.1B2.0B
Non Current Liabilities Total2.0B2.3B2.2B4.2B2.1B1.7B
Other Current Assets(22.3B)4.1B3.9B(4.6B)4.4B4.2B
Total Current Assets24.2B25.9B15.7B10.2B10.8B10.3B
Accumulated Other Comprehensive Income411.5M709.8M(150M)(986.2M)(765M)(726.8M)
Intangible Assets2.0B1.2B583.4M262.8M651M831.5M
Inventory22.3B(4.1B)(3.9B)(155.5M)(6.2B)(5.9B)
Long Term Debt2.0B2.2B2.6B2.5B2.9B2.1B
Capital Surpluse4.5B2.0B1.7B1.6B1.5B2.4B
Treasury Stock(5.0B)(5.3B)(267.4M)(122.8M)(141.2M)(148.3M)
Property Plant Equipment503.2M560.3M561.4M645.1M741.9M527.0M

Pair Trading with Assurant

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 Assurant 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 Assurant will appreciate offsetting losses from the drop in the long position's value.

Moving together with Assurant Stock

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Moving against Assurant Stock

  0.67FLYW Flywire CorpPairCorr
  0.52FAAS DigiAsia Corp Symbol ChangePairCorr
The ability to find closely correlated positions to Assurant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assurant 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 Assurant - 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 Assurant to buy it.
The correlation of Assurant 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 Assurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assurant 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 Assurant 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.
Pair CorrelationCorrelation Matching
When determining whether Assurant offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Assurant's 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 Assurant Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Assurant Stock:
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 nation.
To learn how to invest in Assurant Stock, please use our How to Invest in Assurant guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 Assurant. If investors know Assurant 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 Assurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.0746
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant'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 Assurant's market value can be influenced by many factors that don't directly affect Assurant'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 Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant'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.