Affiliated Short Term Investments vs Net Receivables Analysis
MGRB Stock | USD 17.96 0.05 0.28% |
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 Short Term Investments and its Net Receivables accounts. Check out Correlation Analysis 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 metropolitan statistical area.
Short Term Investments vs Net Receivables
Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affiliated Managers Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Affiliated Managers' Short Term Investments and Net Receivables is -0.04. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Receivables 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' Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Affiliated Managers Group, are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Investments i.e., Affiliated Managers' Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Affiliated Managers balance sheet. It contains any investments Affiliated Managers Group, undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Affiliated Managers can easily liquidate in the marketplace.Net Receivables
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 Correlation Analysis 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 metropolitan statistical area. At present, Affiliated Managers' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 124.2 M, whereas Enterprise Value is forecasted to decline to about 1.8 B.
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 | 1.8B | 2.4B | 2.5B | 2.6B | 2.5B | 2.7B | |
Other Current Liab | 184.9M | 671.9M | 750.2M | (503.2M) | 348.4M | 183.8M | |
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 | |
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) | 238M | 249.9M | |
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 | (4.6B) | (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 | |
Current Deferred Revenue | (576.4M) | 450M | 423M | 464.7M | 534.4M | 561.1M | |
Good Will | 2.7B | 2.7B | 2.7B | 2.6B | 2.5B | 2.2B | |
Short Term Investments | 59.4M | 74.9M | 78.5M | 716.9M | 461M | 484.1M | |
Other Assets | (230.7M) | 446M | 1.4B | 265.2M | 5.9M | 6.2M | |
Long Term Debt | 1.8B | 2.3B | 2.5B | 2.5B | 2.9B | 2.3B | |
Capital Surpluse | 707.2M | 728.9M | 651.6M | 695.5M | 626.0M | 628.7M | |
Treasury Stock | (1.5B) | (1.9B) | (2.3B) | (3.0B) | (2.7B) | (2.5B) | |
Property Plant Equipment | 92.3M | 79.6M | 73.9M | 68.5M | 61.7M | 73.1M |
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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 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 Correlation Analysis 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 metropolitan statistical area. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Trading 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.
Return On Equity 0.1306 |
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.