Associated Cash vs Common Stock Analysis
ASB Stock | USD 26.11 0.43 1.62% |
Associated Banc financial indicator trend analysis is way more than just evaluating Associated Banc Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Associated Banc Corp is a good investment. Please check the relationship between Associated Banc Cash and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Banc Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Cash vs Common Stock
Cash vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated Banc Corp Cash account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Associated Banc's Cash and Common Stock is 0.72. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Associated Banc Corp, assuming nothing else is changed. The correlation between historical values of Associated Banc's Cash and Common Stock 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 of Associated Banc Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Associated Banc's Cash and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Associated Banc Corp, which is listed under current asset account on Associated Banc Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Associated Banc customers. The amounts must be unrestricted with restricted cash listed in a different Associated Banc account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock
Most indicators from Associated Banc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Associated Banc Corp 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 Associated Banc Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At present, Associated Banc's Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 16.71, whereas Selling General Administrative is forecasted to decline to about 306.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 436.3M | 692.6M | 206.1M | 236.4M | Other Operating Expenses | 612.7M | 604.1M | 2.6B | 2.7B |
Associated Banc fundamental ratios Correlations
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Associated Banc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Associated Banc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 161.9M | 153.6M | 152.0M | 150.5M | 150.9M | 119.4M | |
Total Assets | 32.4B | 33.4B | 35.1B | 39.4B | 41.0B | 21.0B | |
Short Long Term Debt Total | 3.8B | 2.2B | 2.2B | 4.6B | 2.5B | 3.1B | |
Other Current Liab | (581.4M) | (59.3M) | (284.1M) | (3.1B) | (740M) | (703M) | |
Total Current Liabilities | 581.4M | 608.8M | 284.1M | 20.8M | 740M | 703M | |
Total Stockholder Equity | 3.9B | 4.1B | 4.0B | 4.0B | 4.2B | 2.3B | |
Property Plant And Equipment Net | 435.3M | 418.9M | 385.2M | 376.9M | 373.0M | 218.1M | |
Net Debt | 3.2B | 1.5B | 879.6M | 4.0B | 2.0B | 2.6B | |
Retained Earnings | 2.4B | 2.5B | 2.7B | 2.9B | 2.9B | 3.1B | |
Cash | 581.0M | 714.9M | 1.0B | 593.6M | 909.5M | 554.1M | |
Non Current Assets Total | 7.5B | 6.9B | 8.5B | 2.0B | 1.6B | 1.5B | |
Non Currrent Assets Other | (118.2M) | (165.6M) | (148.8M) | (6.6B) | (1.6B) | (1.5B) | |
Other Assets | 21.0B | 22.6B | 21.2B | 36.8B | 35.2B | 21.2B | |
Cash And Short Term Investments | 3.8B | 3.8B | 5.4B | 437.0M | 4.1B | 4.3B | |
Liabilities And Stockholders Equity | 32.4B | 33.4B | 35.1B | 39.4B | 41.0B | 21.0B | |
Non Current Liabilities Total | 3.2B | 1.6B | 1.6B | 20.8M | 36.8B | 38.7B | |
Other Stockholder Equity | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 907.6M | |
Total Liab | 28.5B | 29.3B | 31.1B | 35.4B | 36.8B | 18.7B | |
Total Current Assets | 3.8B | 3.9B | 5.4B | 581.4M | 4.3B | 4.0B | |
Short Term Debt | 581.4M | 59.3M | 284.1M | 3.1B | 740M | 703M | |
Accumulated Other Comprehensive Income | (33.2M) | 12.6M | (10.3M) | (272.8M) | (171.1M) | (162.5M) | |
Property Plant And Equipment Gross | 435.3M | 418.9M | 745.4M | 734.8M | 750.0M | 787.5M | |
Other Liab | 22.0M | 47.8M | 39.8M | 234.0M | 210.6M | 136.7M | |
Accounts Payable | 23.8B | 26.5B | 28.5B | 29.6B | 34.1B | 19.4B | |
Long Term Debt | 549.3M | 549.5M | 1.6B | 4.6B | 1.7B | 2.0B | |
Short Term Investments | 3.3B | 3.1B | 4.3B | 2.7B | 3.6B | 3.9B | |
Inventory | 27.1M | (807.7M) | (1.1B) | (765.9M) | (1.1B) | (1.0B) | |
Treasury Stock | (400.5M) | (456.2M) | (546.2M) | (525.2M) | (472.7M) | (449.0M) | |
Intangible Assets | 155.6M | 110.2M | 113.0M | 126.6M | 124.9M | 87.0M | |
Property Plant Equipment | 435.3M | 418.9M | 385.2M | 376.9M | 433.4M | 277.2M | |
Good Will | 1.2B | 1.2B | 1.1B | 1.1B | 1.3B | 1.0B | |
Other Current Assets | 609.8M | 807.7M | 1.1B | 765.9M | 1.1B | 1.0B | |
Net Tangible Assets | 2.4B | 2.6B | 2.7B | 2.7B | 3.1B | 2.3B | |
Retained Earnings Total Equity | 2.4B | 2.5B | 2.7B | 2.9B | 3.3B | 1.9B | |
Long Term Debt Total | 549.3M | 549.5M | 1.9B | 248.1M | 223.3M | 212.1M | |
Capital Surpluse | 1.7B | 1.7B | 1.7B | 1.7B | 2.0B | 1.8B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Associated Banc Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Banc'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 Associated Banc Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Banc Corp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Banc Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Regional 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 Associated Banc. If investors know Associated 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 Associated Banc 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 0.057 | Dividend Share 0.88 | Earnings Share 1.2 | Revenue Per Share 6.717 | Quarterly Revenue Growth 0.033 |
The market value of Associated Banc Corp is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Banc's value that differs from its market value or its book value, called intrinsic value, which is Associated Banc'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 Associated Banc's market value can be influenced by many factors that don't directly affect Associated Banc'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 Associated Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Banc'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.