Aon Deferred Long Term Liab vs Accounts Payable Analysis
AON Stock | USD 386.92 3.26 0.85% |
Aon PLC financial indicator trend analysis is way more than just evaluating Aon PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aon PLC is a good investment. Please check the relationship between Aon PLC Deferred Long Term Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aon PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Aon Stock, please use our How to Invest in Aon PLC guide.
Deferred Long Term Liab vs Accounts Payable
Deferred Long Term Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aon PLC Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Aon PLC's Deferred Long Term Liab and Accounts Payable is 0.13. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Aon PLC, assuming nothing else is changed. The correlation between historical values of Aon PLC's Deferred Long Term Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Aon PLC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Deferred Long Term Liab i.e., Aon PLC's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Accounts Payable
An accounting item on the balance sheet that represents Aon PLC obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Aon PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Aon PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aon PLC 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 Aon PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Aon Stock, please use our How to Invest in Aon PLC guide.At this time, Aon PLC's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 13th of November 2024, Enterprise Value Multiple is likely to grow to 16.83, while Selling General Administrative is likely to drop about 1.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.5B | 6.0B | 6.5B | 6.2B | Total Revenue | 12.2B | 12.5B | 13.4B | 8.4B |
Aon PLC fundamental ratios Correlations
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Aon PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aon PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.4B | 32.1B | 31.9B | 32.7B | 34.0B | 24.3B | |
Short Long Term Debt Total | 8.3B | 8.6B | 10.2B | 11.5B | 12.0B | 12.6B | |
Total Stockholder Equity | 3.4B | 3.5B | 1.1B | (529M) | (826M) | (784.7M) | |
Net Debt | 7.5B | 7.7B | 9.6B | 10.8B | 11.3B | 11.8B | |
Retained Earnings | 1.3B | 1.0B | (1.7B) | (2.8B) | (3.4B) | (3.2B) | |
Other Assets | 2.3B | 3.5B | 2.7B | 2.0B | 1.8B | 2.4B | |
Common Stock Shares Outstanding | 240.6M | 233.1M | 226.1M | 213.2M | 205M | 293.2M | |
Liabilities And Stockholders Equity | 29.4B | 32.1B | 31.9B | 32.7B | 34.0B | 24.3B | |
Non Current Liabilities Total | 10.4B | 11.1B | 11.7B | 12.8B | 13.1B | 13.7B | |
Other Stockholder Equity | 4.9B | 5.3B | 6.6B | 6.9B | 6.9B | 7.3B | |
Total Liab | 26.0B | 28.5B | 30.8B | 33.1B | 34.7B | 20.1B | |
Total Current Liabilities | 15.6B | 17.4B | 19.1B | 20.3B | 21.7B | 14.8B | |
Property Plant And Equipment Net | 1.6B | 1.5B | 1.3B | 1.3B | 1.3B | 1.4B | |
Non Current Assets Total | 12.9B | 13.4B | 12.9B | 12.0B | 12.3B | 11.8B | |
Cash And Short Term Investments | 928M | 1.2B | 836M | 1.1B | 1.1B | 2.3B | |
Net Receivables | 3.1B | 3.1B | 3.1B | 3.0B | 3.3B | 3.6B | |
Short Term Investments | 138M | 308M | 292M | 452M | 369M | 350.6M | |
Property Plant And Equipment Gross | 1.7B | 1.6B | 1.3B | 1.3B | 2.8B | 3.0B | |
Total Current Assets | 16.5B | 18.7B | 19.0B | 20.7B | 21.7B | 15.0B | |
Short Term Debt | 712M | 448M | 1.2B | 945M | 1.4B | 1.5B | |
Intangible Assets | 783M | 640M | 492M | 447M | 234M | 222.3M | |
Accumulated Other Comprehensive Income | (4.0B) | (3.9B) | (3.9B) | (4.6B) | (4.4B) | (4.2B) | |
Accounts Payable | 13.8B | 15.8B | 16.6B | 18.0B | 2.3B | 2.1B | |
Cash | 790M | 884M | 544M | 690M | 778M | 613.8M | |
Non Currrent Assets Other | 1.7B | 1.8B | 1.8B | 1.1B | 1.1B | 1.6B | |
Good Will | 8.2B | 8.7B | 8.4B | 8.3B | 8.4B | 6.8B | |
Other Current Liab | 816M | 874M | 1.0B | 1.1B | 17.7B | 18.6B | |
Other Liab | 2.7B | 2.9B | 2.7B | 2.3B | 2.1B | 2.5B | |
Long Term Debt | 6.6B | 7.3B | 8.2B | 9.8B | 10.0B | 10.5B | |
Property Plant Equipment | 621M | 599M | 1.3B | 1.3B | 1.4B | 797.3M | |
Current Deferred Revenue | 251M | 270M | 296M | 321M | 250M | 312.3M | |
Inventory | 11.8B | 13.8B | 14.4B | 15.9B | 18.3B | 9.9B | |
Net Tangible Assets | (5.6B) | (5.2B) | (7.9B) | (8.8B) | (7.9B) | (8.3B) | |
Noncontrolling Interest In Consolidated Entity | 74M | 88M | 97M | 100M | 115M | 71.3M | |
Retained Earnings Total Equity | 1.3B | 1.0B | (1.7B) | (2.8B) | (2.5B) | (2.4B) | |
Long Term Debt Total | 6.6B | 7.3B | 8.2B | 9.8B | 11.3B | 6.1B |
Pair Trading with Aon PLC
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 Aon PLC 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 Aon PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Aon Stock
Moving against Aon Stock
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The ability to find closely correlated positions to Aon PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aon PLC 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 Aon PLC - 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 Aon PLC to buy it.
The correlation of Aon PLC 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 Aon PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aon PLC 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 Aon PLC 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aon PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Aon Stock, please use our How to Invest in Aon PLC guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Insurance Brokers 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 Aon PLC. If investors know Aon 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 Aon PLC 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 (0.30) | Dividend Share 2.58 | Earnings Share 11.69 | Revenue Per Share 71.993 | Quarterly Revenue Growth 0.26 |
The market value of Aon PLC is measured differently than its book value, which is the value of Aon that is recorded on the company's balance sheet. Investors also form their own opinion of Aon PLC's value that differs from its market value or its book value, called intrinsic value, which is Aon PLC'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 Aon PLC's market value can be influenced by many factors that don't directly affect Aon PLC'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 Aon PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aon PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aon PLC'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.