Applied Other Current Assets from 2010 to 2024

AIT Stock  USD 277.11  7.88  2.93%   
Applied Industrial Other Current Assets yearly trend continues to be comparatively stable with very little volatility. Other Current Assets are likely to outpace its year average in 2024. 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
1986-06-30
Previous Quarter
83.5 M
Current Value
82 M
Quarterly Volatility
23 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Applied Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Applied Industrial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.5 M, Interest Expense of 21.6 M or Selling General Administrative of 446.3 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0072 or PTB Ratio of 4.57. Applied financial statements analysis is a perfect complement when working with Applied Industrial Valuation or Volatility modules.
  
Check out the analysis of Applied Industrial Correlation against competitors.

Latest Applied Industrial's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Applied Industrial Technologies 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. Applied Industrial's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Applied Industrial's 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  

Applied Other Current Assets Regression Statistics

Arithmetic Mean55,235,467
Geometric Mean50,423,108
Coefficient Of Variation38.85
Mean Deviation15,594,089
Median52,070,000
Standard Deviation21,458,465
Sample Variance460.5T
Range80.6M
R-Value0.78
Mean Square Error193.9T
R-Squared0.61
Significance0.0006
Slope3,744,404
Total Sum of Squares6446.5T

Applied Other Current Assets History

202487.7 M
202383.5 M
202293.2 M
202168.8 M
202060 M
201952.1 M
201851.5 M

About Applied Industrial Financial Statements

Applied Industrial shareholders use historical fundamental indicators, such as Other Current Assets, to determine how well the company is positioned to perform in the future. Although Applied Industrial investors may analyze each financial statement separately, they are all interrelated. The changes in Applied Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Applied Industrial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets83.5 M87.7 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Applied Stock Analysis

When running Applied Industrial's price analysis, check to measure Applied Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.