Aon Intangible Assets vs Net Invested Capital 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 Intangible Assets and its Net Invested Capital 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.

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aon PLC Intangible Assets account and Net Invested Capital. At this time, the significance of the direction appears to have weak relationship.

The correlation between Aon PLC's Intangible Assets and Net Invested Capital is 0.3. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Invested Capital 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 Intangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Aon PLC are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Intangible Assets i.e., Aon PLC's Intangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

Gross Profit Total Revenue

Aon PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Liabilities	Property Plant And Equipment Net	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Short Term Investments	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Cash	Non Currrent Assets Other	Good Will	Common Stock Total Equity
Total Assets		0.59	0.16	0.59	0.0	-0.36	0.1	0.75	0.65	0.92	0.94	0.65	0.92	-0.93	0.88	-0.92	-0.1	0.39	0.8	0.44	0.14	0.33	0.14	0.91	0.94	-0.18
Short Long Term Debt Total	0.59		-0.65	1.0	-0.74	0.07	-0.42	0.96	0.83	0.78	0.79	0.84	0.39	-0.41	0.72	-0.58	-0.54	0.85	0.74	0.85	-0.61	0.49	0.55	0.59	0.39	-0.36
Total Stockholder Equity	0.16	-0.65		-0.66	0.97	-0.4	0.79	-0.45	-0.38	-0.21	-0.17	-0.42	0.44	-0.37	0.02	-0.21	0.54	-0.61	-0.33	-0.59	0.95	-0.43	-0.62	0.21	0.41	0.29
Net Debt	0.59	1.0	-0.66		-0.75	0.06	-0.42	0.96	0.82	0.77	0.79	0.84	0.38	-0.4	0.72	-0.57	-0.53	0.85	0.74	0.86	-0.61	0.48	0.52	0.57	0.38	-0.35
Retained Earnings	0.0	-0.74	0.97	-0.75		-0.39	0.8	-0.56	-0.56	-0.34	-0.31	-0.51	0.28	-0.21	-0.1	-0.04	0.68	-0.66	-0.43	-0.67	0.95	-0.47	-0.69	0.04	0.25	0.48
Other Assets	-0.36	0.07	-0.4	0.06	-0.39		-0.53	-0.05	0.02	-0.19	-0.25	0.13	-0.4	0.38	-0.36	0.32	-0.27	0.06	-0.18	-0.04	-0.53	0.35	0.41	-0.3	-0.39	-0.32
Common Stock Shares Outstanding	0.1	-0.42	0.79	-0.42	0.8	-0.53		-0.26	-0.29	-0.27	-0.14	-0.29	0.4	-0.26	0.23	-0.21	0.42	-0.26	-0.32	-0.27	0.86	-0.56	-0.76	0.2	0.3	0.4
Non Current Liabilities Total	0.75	0.96	-0.45	0.96	-0.56	-0.05	-0.26		0.86	0.86	0.88	0.85	0.6	-0.62	0.85	-0.76	-0.44	0.79	0.77	0.76	-0.42	0.45	0.48	0.76	0.6	-0.33
Other Stockholder Equity	0.65	0.83	-0.38	0.82	-0.56	0.02	-0.29	0.86		0.73	0.76	0.6	0.55	-0.61	0.67	-0.74	-0.71	0.59	0.59	0.67	-0.38	0.28	0.44	0.74	0.58	-0.7
Total Liab	0.92	0.78	-0.21	0.77	-0.34	-0.19	-0.27	0.86	0.73		0.98	0.76	0.7	-0.76	0.79	-0.78	-0.26	0.54	0.93	0.59	-0.21	0.53	0.39	0.78	0.76	-0.29
Total Current Liabilities	0.94	0.79	-0.17	0.79	-0.31	-0.25	-0.14	0.88	0.76	0.98		0.78	0.76	-0.78	0.87	-0.83	-0.29	0.6	0.93	0.66	-0.16	0.45	0.31	0.82	0.79	-0.28
Property Plant And Equipment Net	0.65	0.84	-0.42	0.84	-0.51	0.13	-0.29	0.85	0.6	0.76	0.78		0.47	-0.45	0.75	-0.58	-0.35	0.8	0.77	0.7	-0.48	0.67	0.52	0.59	0.45	-0.27
Non Current Assets Total	0.92	0.39	0.44	0.38	0.28	-0.4	0.4	0.6	0.55	0.7	0.76	0.47		-0.97	0.86	-0.96	0.01	0.23	0.51	0.25	0.42	0.09	-0.08	0.96	0.99	-0.12
Cash And Short Term Investments	-0.93	-0.41	-0.37	-0.4	-0.21	0.38	-0.26	-0.62	-0.61	-0.76	-0.78	-0.45	-0.97		-0.81	0.97	0.04	-0.18	-0.54	-0.24	-0.35	-0.14	0.02	-0.96	-0.99	0.2
Net Receivables	0.88	0.72	0.02	0.72	-0.1	-0.36	0.23	0.85	0.67	0.79	0.87	0.75	0.86	-0.81		-0.9	-0.18	0.64	0.69	0.6	0.04	0.22	0.12	0.9	0.82	-0.11
Short Term Investments	-0.92	-0.58	-0.21	-0.57	-0.04	0.32	-0.21	-0.76	-0.74	-0.78	-0.83	-0.58	-0.96	0.97	-0.9		0.18	-0.37	-0.57	-0.39	-0.18	-0.17	-0.12	-1.0	-0.95	0.27
Other Current Assets	-0.1	-0.54	0.54	-0.53	0.68	-0.27	0.42	-0.44	-0.71	-0.26	-0.29	-0.35	0.01	0.04	-0.18	0.18		-0.58	-0.26	-0.54	0.57	-0.02	-0.48	-0.17	0.0	0.87
Property Plant And Equipment Gross	0.39	0.85	-0.61	0.85	-0.66	0.06	-0.26	0.79	0.59	0.54	0.6	0.8	0.23	-0.18	0.64	-0.37	-0.58		0.6	0.84	-0.57	0.22	0.47	0.37	0.18	-0.23
Total Current Assets	0.8	0.74	-0.33	0.74	-0.43	-0.18	-0.32	0.77	0.59	0.93	0.93	0.77	0.51	-0.54	0.69	-0.57	-0.26	0.6		0.64	-0.31	0.57	0.39	0.56	0.56	-0.21
Short Term Debt	0.44	0.85	-0.59	0.86	-0.67	-0.04	-0.27	0.76	0.67	0.59	0.66	0.7	0.25	-0.24	0.6	-0.39	-0.54	0.84	0.64		-0.52	0.28	0.31	0.4	0.23	-0.29
Intangible Assets	0.14	-0.61	0.95	-0.61	0.95	-0.53	0.86	-0.42	-0.38	-0.21	-0.16	-0.48	0.42	-0.35	0.04	-0.18	0.57	-0.57	-0.31	-0.52		-0.53	-0.78	0.17	0.39	0.4
Accounts Payable	0.33	0.49	-0.43	0.48	-0.47	0.35	-0.56	0.45	0.28	0.53	0.45	0.67	0.09	-0.14	0.22	-0.17	-0.02	0.22	0.57	0.28	-0.53		0.52	0.19	0.12	-0.2
Cash	0.14	0.55	-0.62	0.52	-0.69	0.41	-0.76	0.48	0.44	0.39	0.31	0.52	-0.08	0.02	0.12	-0.12	-0.48	0.47	0.39	0.31	-0.78	0.52		0.13	-0.02	-0.44
Non Currrent Assets Other	0.91	0.59	0.21	0.57	0.04	-0.3	0.2	0.76	0.74	0.78	0.82	0.59	0.96	-0.96	0.9	-1.0	-0.17	0.37	0.56	0.4	0.17	0.19	0.13		0.95	-0.27
Good Will	0.94	0.39	0.41	0.38	0.25	-0.39	0.3	0.6	0.58	0.76	0.79	0.45	0.99	-0.99	0.82	-0.95	0.0	0.18	0.56	0.23	0.39	0.12	-0.02	0.95		-0.15
Common Stock Total Equity	-0.18	-0.36	0.29	-0.35	0.48	-0.32	0.4	-0.33	-0.7	-0.29	-0.28	-0.27	-0.12	0.2	-0.11	0.27	0.87	-0.23	-0.21	-0.29	0.4	-0.2	-0.44	-0.27	-0.15

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Aon PLC Account Relationship Matchups

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

0.8	EHTH	eHealth	Pair Corr
0.83	BRO	Brown Brown Fiscal Year End 27th of January 2025	Pair Corr

Moving against Aon Stock

0.66	RELI	Reliance Global Group	Pair Corr
0.53	SLQT	Selectquote	Pair Corr
0.47	ERIE	Erie Indemnity	Pair Corr
0.41	ZBAO	Zhibao Technology Class	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Aon PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aon PLC'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 Aon Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aon Plc Stock:

How To Invest In Aon

Details

Is Aon Stock a good investment?

Details

What is Aon PLC's Net Worth?

Details

Largest Insurance Brokers Companies

View

Largest Financial Services Companies

View

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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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.

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Aon Intangible Assets vs Net Invested Capital Analysis

Intangible Assets vs Net Invested Capital

Intangible Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Invested Capital

Aon PLC fundamental ratios Correlations

Aon PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aon PLC fundamental ratios Accounts

Pair Trading with Aon PLC

Moving together with Aon Stock

Moving against Aon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Good Will	+ 0.99	Non Current Assets Total
Total Current Liabilities	+ 0.98	Total Liab
Retained Earnings	+ 0.97	Total Stockholder Equity
Short Term Investments	+ 0.97	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total

Non Currrent Assets Other	- 1.0	Short Term Investments
Good Will	- 0.99	Cash And Short Term Investments
Cash And Short Term Investments	- 0.97	Non Current Assets Total
Non Currrent Assets Other	- 0.96	Cash And Short Term Investments
Short Term Investments	- 0.96	Non Current Assets Total
Good Will	- 0.95	Short Term Investments