Ameriprise Other Current Liab vs Long Term Debt Analysis

AMP Stock  USD 573.97  2.06  0.36%   
Ameriprise Financial financial indicator trend analysis is way more than just evaluating Ameriprise Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ameriprise Financial is a good investment. Please check the relationship between Ameriprise Financial Other Current Liab and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameriprise Financial. 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.
To learn how to invest in Ameriprise Stock, please use our How to Invest in Ameriprise Financial guide.

Other Current Liab vs Long Term Debt

Other Current Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ameriprise Financial Other Current Liab account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ameriprise Financial's Other Current Liab and Long Term Debt is 0.62. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Ameriprise Financial, assuming nothing else is changed. The correlation between historical values of Ameriprise Financial's Other Current Liab and Long Term Debt 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 Liab of Ameriprise Financial are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Current Liab i.e., Ameriprise Financial's Other Current Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Long Term Debt

Long-term debt is a debt that Ameriprise Financial has held for over one year. Long-term debt appears on Ameriprise Financial balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ameriprise Financial balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Ameriprise Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ameriprise Financial 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 Ameriprise Financial. 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.
To learn how to invest in Ameriprise Stock, please use our How to Invest in Ameriprise Financial guide.At this time, Ameriprise Financial's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/30/2024, Enterprise Value Over EBITDA is likely to grow to 13.42, while Tax Provision is likely to drop slightly above 535.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit8.0B7.4B9.4B7.5B
Total Revenue13.5B14.3B16.1B10.8B

Ameriprise Financial fundamental ratios Correlations

-0.090.1-0.77-0.621.00.39-0.220.27-0.140.660.640.20.790.330.940.320.410.550.120.610.48-0.420.83-0.150.29
-0.09-0.450.690.59-0.170.690.77-0.280.67-0.61-0.6-0.9-0.420.7-0.050.41-0.03-0.380.68-0.53-0.560.610.11-0.72-0.3
0.1-0.45-0.36-0.250.15-0.55-0.46-0.3-0.370.240.070.50.18-0.56-0.020.160.00.04-0.170.110.36-0.32-0.310.46-0.33
-0.770.69-0.360.85-0.820.190.66-0.330.51-0.88-0.84-0.68-0.80.23-0.7-0.02-0.25-0.590.28-0.75-0.70.68-0.53-0.32-0.35
-0.620.59-0.250.85-0.650.220.64-0.490.63-0.79-0.85-0.54-0.650.26-0.560.1-0.33-0.650.24-0.71-0.710.79-0.52-0.44-0.4
1.0-0.170.15-0.82-0.650.32-0.290.27-0.190.70.680.280.810.250.930.290.40.570.060.640.52-0.470.8-0.090.3
0.390.69-0.550.190.220.320.75-0.10.62-0.09-0.18-0.66-0.050.990.40.420.23-0.130.51-0.15-0.270.420.52-0.70.02
-0.220.77-0.460.660.64-0.290.75-0.470.86-0.53-0.73-0.81-0.670.77-0.220.35-0.19-0.640.6-0.72-0.650.85-0.05-0.65-0.41
0.27-0.28-0.3-0.33-0.490.27-0.1-0.47-0.430.470.720.390.41-0.120.29-0.740.180.55-0.470.640.08-0.50.530.190.59
-0.140.67-0.370.510.63-0.190.620.86-0.43-0.4-0.61-0.74-0.630.62-0.10.38-0.51-0.770.63-0.64-0.740.950.09-0.84-0.38
0.66-0.610.24-0.88-0.790.7-0.09-0.530.47-0.40.830.60.62-0.10.56-0.120.190.41-0.260.690.5-0.560.550.250.26
0.64-0.60.07-0.84-0.850.68-0.18-0.730.72-0.610.830.610.79-0.210.67-0.270.350.71-0.460.930.6-0.780.630.280.67
0.2-0.90.5-0.68-0.540.28-0.66-0.810.39-0.740.60.610.56-0.670.16-0.490.170.55-0.760.620.47-0.67-0.060.70.22
0.79-0.420.18-0.8-0.650.81-0.05-0.670.41-0.630.620.790.56-0.110.770.040.580.86-0.320.830.74-0.790.530.260.53
0.330.7-0.560.230.260.250.990.77-0.120.62-0.1-0.21-0.67-0.110.330.390.23-0.180.49-0.18-0.30.440.46-0.680.0
0.94-0.05-0.02-0.7-0.560.930.4-0.220.29-0.10.560.670.160.770.330.320.380.560.00.70.41-0.390.85-0.290.48
0.320.410.16-0.020.10.290.420.35-0.740.38-0.12-0.27-0.490.040.390.320.1-0.210.67-0.230.210.220.11-0.46-0.25
0.41-0.030.0-0.25-0.330.40.23-0.190.18-0.510.190.350.170.580.230.380.10.66-0.210.490.53-0.580.170.240.33
0.55-0.380.04-0.59-0.650.57-0.13-0.640.55-0.770.410.710.550.86-0.180.56-0.210.66-0.440.770.69-0.860.390.430.59
0.120.68-0.170.280.240.060.510.6-0.470.63-0.26-0.46-0.76-0.320.490.00.67-0.21-0.44-0.61-0.20.50.19-0.55-0.48
0.61-0.530.11-0.75-0.710.64-0.15-0.720.64-0.640.690.930.620.83-0.180.7-0.230.490.77-0.610.56-0.780.530.230.72
0.48-0.560.36-0.7-0.710.52-0.27-0.650.08-0.740.50.60.470.74-0.30.410.210.530.69-0.20.56-0.830.180.560.42
-0.420.61-0.320.680.79-0.470.420.85-0.50.95-0.56-0.78-0.67-0.790.44-0.390.22-0.58-0.860.5-0.78-0.83-0.21-0.68-0.47
0.830.11-0.31-0.53-0.520.80.52-0.050.530.090.550.63-0.060.530.460.850.110.170.390.190.530.18-0.21-0.410.48
-0.15-0.720.46-0.32-0.44-0.09-0.7-0.650.19-0.840.250.280.70.26-0.68-0.29-0.460.240.43-0.550.230.56-0.68-0.410.02
0.29-0.3-0.33-0.35-0.40.30.02-0.410.59-0.380.260.670.220.530.00.48-0.250.330.59-0.480.720.42-0.470.480.02
Click cells to compare fundamentals

Ameriprise Financial Account Relationship Matchups

Ameriprise Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets151.8B165.9B176.0B158.5B175.2B137.7B
Total Stockholder Equity5.7B5.9B5.7B3.6B4.7B5.6B
Other Assets74.5B78.6B120.5B53.9B6.3B6.0B
Common Stock Shares Outstanding136M125.7M110.9M105.3M107.8M160.4M
Liabilities And Stockholders Equity151.8B165.9B176.0B158.5B175.2B137.7B
Other Stockholder Equity(23.1B)(10.1B)(11.8B)(13.6B)(15.4B)(14.6B)
Total Liab146.1B160.0B170.3B154.9B170.5B129.8B
Short Long Term Debt Total4.9B4.9B5.2B5.4B5.8B5.1B
Net Debt1.1B(1.9B)(2.1B)(1.7B)(1.8B)(1.7B)
Non Current Liabilities Total19.2B22.4B25.2B201M161.2B169.3B
Other Current Liab(201M)(2.2B)(2.7B)(3.7B)5.5B5.2B
Other Liab133.8B153.1B164.7B145.3B167.0B175.4B
Retained Earnings14.3B15.3B17.5B19.5B21.9B23.0B
Accounts Payable1.9B2.0B2.5B2.2B2.6B2.0B
Cash3.8B6.8B7.2B7.1B7.6B4.2B
Long Term Debt4.7B4.7B5.0B5.2B5.0B5.4B
Good Will1.2B1.2B1.5B1.4B1.4B1.2B
Short Term Investments33.1B36.3B32.1B40.8B185M175.8M
Intangible Assets1.3B1.4B1.7B1.6B1.2B1.1B
Property Plant Equipment877M861M919M926M1.1B819.3M
Cash And Short Term Investments37.0B43.1B7.2B7.1B7.6B7.2B
Net Receivables7.2B7.8B16.2B15.8B15.1B15.9B
Total Current Assets44.2B51.0B23.5B63.7B22.7B13.5B
Accumulated Other Comprehensive Income262M629M3M(2.3B)(1.8B)(1.7B)
Total Current Liabilities136.4B127.0B201M200M9.3B8.8B
Other Current Assets(11.0B)(14.7B)(23.5B)(22.9B)(22.7B)(23.8B)
Treasury Stock(15.3B)(17.3B)(18.9B)(21.1B)(19.0B)(18.0B)
Inventory(1.5B)(1.8B)(1.3B)(267M)(185M)(175.8M)
Net Tangible Assets5.7B5.9B5.7B3.6B3.3B5.8B
Non Current Assets Total33.1B36.3B32.1B40.8B146.2B79.6B
Non Currrent Assets Other(4.5B)(5.1B)(6.2B)(7.0B)83.4B54.1B
Retained Earnings Total Equity14.3B15.3B17.5B19.5B22.5B11.9B
Long Term Debt Total4.7B4.7B5.0B5.2B4.7B4.2B
Capital Surpluse8.5B8.8B9.2B9.5B10.9B8.4B

Pair Trading with Ameriprise Financial

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

Moving together with Ameriprise Stock

  0.82V Visa Class APairCorr
  0.89DIST Distoken AcquisitionPairCorr
  0.94MA MastercardPairCorr

Moving against Ameriprise Stock

  0.69BRACU Broad Capital AcquisitionPairCorr
  0.59RC Ready Capital CorpPairCorr
  0.4PFTAU Portage Fintech AcquPairCorr
  0.39EARN Ellington ResidentialPairCorr
  0.35TETEW Technology TelecommunicatioPairCorr
The ability to find closely correlated positions to Ameriprise Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameriprise Financial 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 Ameriprise Financial - 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 Ameriprise Financial to buy it.
The correlation of Ameriprise Financial 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 Ameriprise Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameriprise Financial 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 Ameriprise Financial 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

Additional Tools for Ameriprise Stock Analysis

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