Albertsons Other Current Assets from 2010 to 2024

ACI Stock  USD 19.37  0.31  1.63%   
Albertsons Companies' Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 281.6 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2015-02-28
Previous Quarter
387.4 M
Current Value
426.3 M
Quarterly Volatility
159.3 M
 
Yuan Drop
 
Covid
Check Albertsons Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Albertsons Companies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 668.3 M or Selling And Marketing Expenses of 508.9 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0197 or PTB Ratio of 3.93. Albertsons financial statements analysis is a perfect complement when working with Albertsons Companies Valuation or Volatility modules.
  
Check out the analysis of Albertsons Companies Correlation against competitors.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.

Latest Albertsons Companies' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Albertsons Companies over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Albertsons Companies' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Albertsons Companies' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Albertsons Other Current Assets Regression Statistics

Arithmetic Mean233,058,000
Geometric Mean154,711,890
Coefficient Of Variation89.94
Mean Deviation166,808,533
Median133,700,000
Standard Deviation209,604,455
Sample Variance43934T
Range751.5M
R-Value0.43
Mean Square Error38757.2T
R-Squared0.18
Significance0.11
Slope19,931,393
Total Sum of Squares615076.4T

Albertsons Other Current Assets History

2024281.6 M
2023429.2 M
2022323.6 M
2021338 M
2019356.3 M
201888.7 M
201773.3 M

About Albertsons Companies Financial Statements

Investors use fundamental indicators, such as Albertsons Companies' Other Current Assets, to determine how well the company is positioned to perform in the future. Although Albertsons Companies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Assets429.2 M281.6 M

Currently Active Assets on Macroaxis

When determining whether Albertsons Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albertsons Companies' 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 Albertsons Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albertsons Companies Stock:
Check out the analysis of Albertsons Companies Correlation against competitors.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Consumer Staples Distribution & Retail 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 Albertsons Companies. If investors know Albertsons 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 Albertsons Companies 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
(0.46)
Dividend Share
0.48
Earnings Share
1.71
Revenue Per Share
137.961
Quarterly Revenue Growth
0.014
The market value of Albertsons Companies is measured differently than its book value, which is the value of Albertsons that is recorded on the company's balance sheet. Investors also form their own opinion of Albertsons Companies' value that differs from its market value or its book value, called intrinsic value, which is Albertsons Companies' 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 Albertsons Companies' market value can be influenced by many factors that don't directly affect Albertsons Companies' 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 Albertsons Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Albertsons Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albertsons Companies' 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.