American Change To Inventory vs Dividends Paid Analysis

0HEC Stock   100.22  1.56  1.58%   
American Electric financial indicator trend analysis is way more than just evaluating American Electric Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Electric Power is a good investment. Please check the relationship between American Electric Change To Inventory and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Inventory vs Dividends Paid

Change To Inventory vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Electric Power Change To Inventory account and Dividends Paid. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Electric's Change To Inventory and Dividends Paid is -0.33. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of American Electric Power, assuming nothing else is changed. The correlation between historical values of American Electric's Change To Inventory and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of American Electric Power are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Inventory i.e., American Electric's Change To Inventory and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from American Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Electric Power 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 American Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 75.7 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue16.6B19.3B19.0B17.9B
Depreciation And Amortization3.0B3.3B3.0B2.6B

American Electric fundamental ratios Correlations

-0.710.950.990.990.920.990.880.710.970.57-0.070.810.77-0.720.70.940.93-0.020.410.891.00.64-0.680.590.98
-0.71-0.61-0.71-0.71-0.88-0.75-0.76-0.62-0.84-0.90.4-0.7-0.430.88-0.54-0.76-0.90.36-0.14-0.63-0.71-0.190.97-0.49-0.59
0.95-0.610.920.920.850.930.880.720.910.51-0.140.80.76-0.690.640.870.86-0.130.580.820.960.77-0.630.550.93
0.99-0.710.920.990.920.990.850.660.970.59-0.030.750.81-0.720.740.90.920.070.370.950.980.64-0.690.620.97
0.99-0.710.920.990.920.990.860.680.970.56-0.080.780.77-0.70.690.940.920.040.310.90.990.57-0.670.570.98
0.92-0.880.850.920.920.940.830.590.980.84-0.160.710.66-0.820.610.911.0-0.150.340.840.920.51-0.880.520.86
0.99-0.750.930.990.990.940.870.710.980.62-0.070.810.75-0.760.690.940.95-0.030.370.90.990.6-0.730.580.97
0.88-0.760.880.850.860.830.870.80.880.58-0.270.860.73-0.710.60.840.85-0.30.380.750.880.53-0.710.510.81
0.71-0.620.720.660.680.590.710.80.690.33-0.330.980.42-0.670.430.670.65-0.370.350.490.720.41-0.570.390.62
0.97-0.840.910.970.970.980.980.880.690.73-0.150.80.7-0.810.670.950.99-0.120.350.870.970.55-0.820.570.93
0.57-0.90.510.590.560.840.620.580.330.73-0.270.440.33-0.790.370.630.83-0.390.230.520.560.22-0.950.340.45
-0.070.4-0.14-0.03-0.08-0.16-0.07-0.27-0.33-0.15-0.27-0.320.10.37-0.08-0.19-0.190.51-0.010.02-0.080.150.37-0.10.02
0.81-0.70.80.750.780.710.810.860.980.80.44-0.320.46-0.730.490.810.76-0.390.380.560.820.44-0.660.440.72
0.77-0.430.760.810.770.660.750.730.420.70.330.10.46-0.380.690.550.640.270.290.880.760.64-0.360.530.81
-0.720.88-0.69-0.72-0.7-0.82-0.76-0.71-0.67-0.81-0.790.37-0.73-0.38-0.55-0.75-0.840.38-0.29-0.62-0.71-0.310.93-0.51-0.6
0.7-0.540.640.740.690.610.690.60.430.670.37-0.080.490.69-0.550.590.620.20.230.770.690.48-0.480.970.69
0.94-0.760.870.90.940.910.940.840.670.950.63-0.190.810.55-0.750.590.92-0.190.340.760.940.48-0.740.520.89
0.93-0.90.860.920.921.00.950.850.650.990.83-0.190.760.64-0.840.620.92-0.20.350.820.920.5-0.890.540.86
-0.020.36-0.130.070.04-0.15-0.03-0.3-0.37-0.12-0.390.51-0.390.270.380.2-0.19-0.2-0.390.27-0.03-0.030.450.080.15
0.41-0.140.580.370.310.340.370.380.350.350.23-0.010.380.29-0.290.230.340.35-0.390.30.420.89-0.280.270.36
0.89-0.630.820.950.90.840.90.750.490.870.520.020.560.88-0.620.770.760.820.270.30.880.62-0.580.620.91
1.0-0.710.960.980.990.920.990.880.720.970.56-0.080.820.76-0.710.690.940.92-0.030.420.880.65-0.680.580.98
0.64-0.190.770.640.570.510.60.530.410.550.220.150.440.64-0.310.480.480.5-0.030.890.620.65-0.270.440.65
-0.680.97-0.63-0.69-0.67-0.88-0.73-0.71-0.57-0.82-0.950.37-0.66-0.360.93-0.48-0.74-0.890.45-0.28-0.58-0.68-0.27-0.45-0.55
0.59-0.490.550.620.570.520.580.510.390.570.34-0.10.440.53-0.510.970.520.540.080.270.620.580.44-0.450.56
0.98-0.590.930.970.980.860.970.810.620.930.450.020.720.81-0.60.690.890.860.150.360.910.980.65-0.550.56
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American Electric Account Relationship Matchups

American Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.1B84.0B90.9B97.0B96.7B81.4B
Other Current Liab769M399.4M2.0B397.2M398.3M378.4M
Total Current Liabilities10.3B9.9B12.4B13.3B11.6B10.3B
Total Stockholder Equity19.6B20.6B22.4B23.9B25.2B21.3B
Property Plant And Equipment Net61.1B64.8B66.6B74.0B77.3B60.9B
Net Debt30.4B34.3B36.7B41.2B43.6B28.9B
Retained Earnings9.9B10.7B11.7B12.3B12.8B10.3B
Accounts Payable2.1B1.7B2.1B2.7B2.0B2.0B
Cash432.6M438.3M451.4M556.5M379M416.5M
Non Current Assets Total75.1B79.7B83.1B90.2B90.6B74.8B
Non Currrent Assets Other6.2B7.0B8.1B8.5B8.7B4.4B
Cash And Short Term Investments635.3M639.1M671.8M744.1M544.4M583.8M
Net Receivables1.7B1.8B1.9B2.6B2.4B2.1B
Common Stock Shares Outstanding495.3M497.2M501.8M513.5M520.2M546.1M
Short Term Investments202.7M200.8M220.4M187.6M214.3M171.8M
Non Current Liabilities Total48.8B53.3B55.8B59.5B59.8B48.2B
Inventory1.2B1.3B989.2M1.4B1.9B1.4B
Other Current Assets781.2M638.4M4.3B2.1B1.3B1.6B
Other Stockholder Equity6.5B6.6B7.2B8.1B9.1B7.4B
Total Liab59.1B63.2B68.2B72.8B71.4B60.0B
Total Current Assets4.1B4.4B7.8B6.8B6.1B5.6B
Common Stock3.3B3.4B3.4B3.4B3.4B3.7B
Short Long Term Debt Total30.8B34.7B37.2B41.8B43.9B32.0B
Liabilities And Stockholders Equity79.1B84.0B90.9B97.0B96.7B83.4B
Accumulated Other Comprehensive Income(147.7M)(85.1M)184.8M83.7M(55.5M)(58.3M)
Short Term Debt4.7B4.9B5.2B6.8B5.6B4.8B
Current Deferred Revenue1.4B1.5B1.6B1.7B1.8B1.5B
Long Term Debt19.4B21.6B25.1B29.0B33.3B24.8B
Capital Surpluse6.4B6.5B6.5B6.6B7.6B7.1B
Other Liab19.5B20.2B20.6B20.4B23.5B21.7B
Net Tangible Assets19.6B20.5B22.4B23.8B27.4B22.6B
Deferred Long Term Liab4.6B5.1B5.8B5.9B6.8B5.7B
Property Plant Equipment61.1B64.8B66.6B71.9B82.7B67.8B

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