Affiliated Other Current Assets vs Other Stockholder Equity 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 Other Current Assets and its Other Stockholder Equity 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.
Other Current Assets vs Other Stockholder Equity
Other Current Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affiliated Managers Other Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Affiliated Managers' Other Current Assets and Other Stockholder Equity is 0.72. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Stockholder Equity 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' Other Current Assets and Other Stockholder Equity 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 Current Assets of Affiliated Managers Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Assets i.e., Affiliated Managers' Other Current Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Other Stockholder Equity
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 Profit | 1.4B | 1.3B | 1.2B | 938.2M | Total Revenue | 2.4B | 2.3B | 2.1B | 1.5B |
Affiliated Managers fundamental ratios Correlations
Click cells to compare fundamentals
Affiliated Managers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Affiliated Managers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.7B | 7.9B | 8.9B | 8.9B | 9.1B | 5.1B | |
Short Long Term Debt Total | 2.2B | 2.4B | 2.5B | 2.6B | 2.5B | 2.7B | |
Other Current Liab | 184.9M | 671.9M | 750.2M | (503.2M) | 348.4M | 365.8M | |
Total Current Liabilities | 634.6M | 712.4M | 789.1M | 778.3M | 410.7M | 439.9M | |
Total Stockholder Equity | 2.9B | 2.8B | 2.8B | 3.2B | 3.6B | 1.9B | |
Net Debt | 1.3B | 1.3B | 1.6B | 2.1B | 1.7B | 1.8B | |
Retained Earnings | 3.8B | 4.0B | 4.6B | 5.7B | 6.4B | 6.7B | |
Accounts Payable | 634.6M | 712.4M | 789.1M | 778.3M | 895.0M | 939.8M | |
Cash | 539.6M | 1.0B | 908.5M | 429.2M | 813.6M | 854.3M | |
Non Current Assets Total | 6.6B | 6.4B | 7.5B | 7.4B | 7.4B | 4.3B | |
Non Currrent Assets Other | (146.2M) | (192.5M) | (272.1M) | (200.1M) | 243.9M | 256.1M | |
Cash And Short Term Investments | 599M | 1.1B | 987M | 1.1B | 1.3B | 1.3B | |
Net Receivables | 417.1M | 421.6M | 419.2M | 316M | 368.4M | 264.4M | |
Common Stock Shares Outstanding | 50.6M | 46.7M | 44.8M | 49M | 42.2M | 48.6M | |
Liabilities And Stockholders Equity | 7.7B | 7.9B | 8.9B | 8.9B | 9.1B | 5.1B | |
Non Current Liabilities Total | 2.6B | 3.2B | 3.7B | 3.5B | 3.7B | 2.0B | |
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 Liab | 3.2B | 3.9B | 4.5B | 4.2B | 4.1B | 2.4B | |
Total Current Assets | 1.0B | 1.5B | 1.4B | 1.5B | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (108.8M) | (98.3M) | (87.9M) | (203.4M) | (167.6M) | (159.2M) | |
Short Term Debt | 449.7M | 40.5M | 38.9M | 38.5M | 39.1M | 37.1M | |
Intangible Assets | 1.2B | 1.0B | 2.0B | 1.9B | 1.8B | 1.1B | |
Other Liab | 751.6M | 1.6B | 2.0B | 867.4M | 997.5M | 618.1M | |
Other Assets | 224.2M | 1.1B | 1.4B | 265.2M | 2.1B | 2.2B | |
Long Term Debt | 1.8B | 2.3B | 2.5B | 2.5B | 2.5B | 1.6B | |
Good Will | 2.7B | 2.7B | 2.7B | 2.6B | 2.5B | 2.1B | |
Treasury Stock | (1.5B) | (1.9B) | (2.3B) | (3.0B) | (2.7B) | (2.5B) | |
Current Deferred Revenue | (576.4M) | 450M | 423M | 464.7M | 534.4M | 561.1M | |
Short Term Investments | 59.4M | 74.9M | 78.5M | 716.9M | 461M | 484.1M | |
Net Tangible Assets | 20.5M | (259M) | (1.9B) | (829M) | (953.4M) | (1.0B) | |
Warrants | 916.7M | 671.5M | 673.9M | 465.4M | 535.2M | 735.3M | |
Noncontrolling Interest In Consolidated Entity | 561.6M | 537.6M | 924.2M | 945.3M | 1.1B | 740.4M |
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.