Affiliated Cash And Short Term Investments vs Total Current Liabilities Analysis

AMG Stock  USD 187.60  1.01  0.54%   
Affiliated Managers financial indicator trend analysis is way more than just evaluating Affiliated Managers prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Affiliated Managers is a good investment. Please check the relationship between Affiliated Managers Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affiliated Managers 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 population.

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affiliated Managers Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Affiliated Managers' Cash And Short Term Investments and Total Current Liabilities is 0.33. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Affiliated Managers Group, assuming nothing else is changed. The correlation between historical values of Affiliated Managers' Cash And Short Term Investments 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 Cash And Short Term Investments of Affiliated Managers Group 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 Cash And Short Term Investments i.e., Affiliated Managers' Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Affiliated Managers balance sheet. This account contains Affiliated Managers investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Affiliated Managers Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Current Liabilities

Total Current Liabilities is an item on Affiliated Managers balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Affiliated Managers Group 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 Affiliated Managers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Affiliated Managers 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 Affiliated Managers 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 population.
At this time, Affiliated Managers' Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Affiliated Managers' current Enterprise Value Over EBITDA is estimated to increase to 11.03, while Issuance Of Capital Stock is projected to decrease to roughly 12.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.3B1.2B938.2M
Total Revenue2.4B2.3B2.1B1.5B

Affiliated Managers fundamental ratios Correlations

0.750.040.850.960.760.710.570.760.550.99-0.380.530.90.690.94-0.5-0.340.960.550.65-0.180.830.830.970.63
0.750.130.640.710.410.960.880.940.710.740.080.780.630.320.8-0.81-0.590.810.760.81-0.550.540.580.750.63
0.040.13-0.03-0.02-0.07-0.090.20.080.670.020.210.250.17-0.130.16-0.36-0.170.130.10.27-0.13-0.090.130.120.53
0.850.64-0.030.80.790.620.370.70.420.87-0.620.330.860.720.72-0.32-0.280.810.360.47-0.150.670.710.780.58
0.960.71-0.020.80.770.70.570.750.420.97-0.390.410.840.660.83-0.51-0.20.860.450.53-0.290.70.750.920.53
0.760.41-0.070.790.770.380.160.540.270.79-0.680.130.860.920.53-0.020.240.610.10.320.090.610.790.750.28
0.710.96-0.090.620.70.380.850.930.520.710.030.690.530.290.74-0.75-0.560.750.760.7-0.580.540.480.670.51
0.570.880.20.370.570.160.850.830.680.550.410.860.390.150.67-0.9-0.650.640.870.84-0.570.420.490.610.53
0.760.940.080.70.750.540.930.830.660.760.00.720.70.450.74-0.69-0.410.770.710.78-0.460.580.610.770.54
0.550.710.670.420.420.270.520.680.660.490.220.830.580.270.69-0.65-0.520.670.580.87-0.230.430.610.640.72
0.990.740.020.870.970.790.710.550.760.49-0.440.470.90.710.9-0.47-0.280.940.520.6-0.190.810.820.950.6
-0.380.080.21-0.62-0.39-0.680.030.410.00.22-0.440.42-0.45-0.59-0.15-0.37-0.32-0.260.320.28-0.18-0.3-0.29-0.27-0.12
0.530.780.250.330.410.130.690.860.720.830.470.420.40.220.71-0.71-0.690.660.830.97-0.260.540.590.610.51
0.90.630.170.860.840.860.530.390.70.580.9-0.450.40.780.78-0.31-0.130.840.320.580.00.710.840.90.58
0.690.32-0.130.720.660.920.290.150.450.270.71-0.590.220.780.490.060.20.560.160.410.340.690.880.720.14
0.940.80.160.720.830.530.740.670.740.690.9-0.150.710.780.49-0.61-0.570.990.690.78-0.230.830.760.920.72
-0.5-0.81-0.36-0.32-0.51-0.02-0.75-0.9-0.69-0.65-0.47-0.37-0.71-0.310.06-0.610.72-0.58-0.7-0.670.71-0.19-0.3-0.48-0.66
-0.34-0.59-0.17-0.28-0.20.24-0.56-0.65-0.41-0.52-0.28-0.32-0.69-0.130.2-0.570.72-0.54-0.69-0.60.46-0.28-0.15-0.27-0.63
0.960.810.130.810.860.610.750.640.770.670.94-0.260.660.840.560.99-0.58-0.540.650.75-0.230.840.790.930.73
0.550.760.10.360.450.10.760.870.710.580.520.320.830.320.160.69-0.7-0.690.650.8-0.370.640.480.540.52
0.650.810.270.470.530.320.70.840.780.870.60.280.970.580.410.78-0.67-0.60.750.8-0.180.640.740.730.55
-0.18-0.55-0.13-0.15-0.290.09-0.58-0.57-0.46-0.23-0.19-0.18-0.260.00.34-0.230.710.46-0.23-0.37-0.180.160.18-0.11-0.53
0.830.54-0.090.670.70.610.540.420.580.430.81-0.30.540.710.690.83-0.19-0.280.840.640.640.160.810.820.4
0.830.580.130.710.750.790.480.490.610.610.82-0.290.590.840.880.76-0.3-0.150.790.480.740.180.810.890.4
0.970.750.120.780.920.750.670.610.770.640.95-0.270.610.90.720.92-0.48-0.270.930.540.73-0.110.820.890.56
0.630.630.530.580.530.280.510.530.540.720.6-0.120.510.580.140.72-0.66-0.630.730.520.55-0.530.40.40.56
Click cells to compare fundamentals

Affiliated Managers Account Relationship Matchups

Affiliated Managers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7B7.9B8.9B8.9B9.1B5.1B
Short Long Term Debt Total2.2B2.4B2.5B2.6B2.5B2.7B
Other Current Liab184.9M671.9M750.2M(503.2M)348.4M365.8M
Total Current Liabilities634.6M712.4M789.1M778.3M410.7M439.9M
Total Stockholder Equity2.9B2.8B2.8B3.2B3.6B1.9B
Net Debt1.3B1.3B1.6B2.1B1.7B1.8B
Retained Earnings3.8B4.0B4.6B5.7B6.4B6.7B
Accounts Payable634.6M712.4M789.1M778.3M895.0M939.8M
Cash539.6M1.0B908.5M429.2M813.6M854.3M
Non Current Assets Total6.6B6.4B7.5B7.4B7.4B4.3B
Non Currrent Assets Other(146.2M)(192.5M)(272.1M)(200.1M)243.9M256.1M
Cash And Short Term Investments599M1.1B987M1.1B1.3B1.3B
Net Receivables417.1M421.6M419.2M316M368.4M264.4M
Common Stock Shares Outstanding50.6M46.7M44.8M49M42.2M48.6M
Liabilities And Stockholders Equity7.7B7.9B8.9B8.9B9.1B5.1B
Non Current Liabilities Total2.6B3.2B3.7B3.5B3.7B2.0B
Other Current Assets(1.0B)(1.5B)(1.4B)(1.5B)(1.6B)(1.6B)
Other Stockholder Equity(774.1M)(5.1B)(6.3B)(8.0B)(2.6B)(2.5B)
Total Liab3.2B3.9B4.5B4.2B4.1B2.4B
Total Current Assets1.0B1.5B1.4B1.5B1.6B1.7B
Accumulated Other Comprehensive Income(108.8M)(98.3M)(87.9M)(203.4M)(167.6M)(159.2M)
Short Term Debt449.7M40.5M38.9M38.5M39.1M37.1M
Intangible Assets1.2B1.0B2.0B1.9B1.8B1.1B
Other Liab751.6M1.6B2.0B867.4M997.5M618.1M
Other Assets224.2M1.1B1.4B265.2M2.1B2.2B
Long Term Debt1.8B2.3B2.5B2.5B2.5B1.6B
Good Will2.7B2.7B2.7B2.6B2.5B2.1B
Treasury Stock(1.5B)(1.9B)(2.3B)(3.0B)(2.7B)(2.5B)
Current Deferred Revenue(576.4M)450M423M464.7M534.4M561.1M
Short Term Investments59.4M74.9M78.5M716.9M461M484.1M
Net Tangible Assets20.5M(259M)(1.9B)(829M)(953.4M)(1.0B)
Warrants916.7M671.5M673.9M465.4M535.2M735.3M
Noncontrolling Interest In Consolidated Entity561.6M537.6M924.2M945.3M1.1B740.4M

Currently Active Assets on Macroaxis

When determining whether Affiliated Managers is a strong investment it is important to analyze Affiliated Managers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Affiliated Managers' future performance. For an informed investment choice regarding Affiliated Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affiliated Managers 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 population.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Asset Management & Custody Banks 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 Affiliated Managers. If investors know Affiliated 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 Affiliated Managers 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
(0.31)
Dividend Share
0.04
Earnings Share
15.39
Revenue Per Share
63.199
Quarterly Revenue Growth
(0.02)
The market value of Affiliated Managers is measured differently than its book value, which is the value of Affiliated that is recorded on the company's balance sheet. Investors also form their own opinion of Affiliated Managers' value that differs from its market value or its book value, called intrinsic value, which is Affiliated Managers' 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 Affiliated Managers' market value can be influenced by many factors that don't directly affect Affiliated Managers' 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 Affiliated Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affiliated Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affiliated Managers' 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.