Australian Total Assets vs Retained Earnings Analysis

AAC Stock   1.37  0.02  1.48%   
Australian Agricultural financial indicator trend analysis is way more than just evaluating Australian Agricultural prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Agricultural is a good investment. Please check the relationship between Australian Agricultural Total Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Agricultural. 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Agricultural Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between Australian Agricultural's Total Assets and Retained Earnings is 0.09. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Australian Agricultural, assuming nothing else is changed. The correlation between historical values of Australian Agricultural's Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Australian Agricultural are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Australian Agricultural's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Australian Agricultural assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Australian Agricultural books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Australian Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Agricultural 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 Australian Agricultural. 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.
Selling General Administrative is likely to drop to about 68.7 M in 2024. Tax Provision is likely to gain to about (41.2 M) in 2024

Australian Agricultural fundamental ratios Correlations

0.820.320.340.990.720.950.830.090.531.00.19-0.450.77-0.10.770.520.980.73-0.660.980.80.880.780.74-0.35
0.820.540.550.790.420.730.98-0.090.490.820.34-0.080.980.220.720.480.850.6-0.40.870.640.730.720.6-0.33
0.320.540.750.30.00.130.50.10.360.30.680.280.490.560.330.210.30.070.160.360.170.430.320.19-0.05
0.340.550.750.30.080.160.480.130.210.330.550.040.450.50.17-0.080.320.260.10.410.330.380.170.340.05
0.990.790.30.30.710.950.790.090.550.980.15-0.440.74-0.10.820.490.950.72-0.640.950.770.90.820.71-0.31
0.720.420.00.080.710.720.470.180.350.740.01-0.760.35-0.330.350.620.730.51-0.820.710.910.580.370.9-0.44
0.950.730.130.160.950.720.77-0.060.410.96-0.02-0.520.67-0.260.750.590.940.78-0.790.920.770.760.760.69-0.47
0.830.980.50.480.790.470.77-0.110.480.830.27-0.170.950.210.680.60.870.67-0.490.890.660.690.680.62-0.51
0.09-0.090.10.130.090.18-0.06-0.11-0.040.050.15-0.12-0.12-0.06-0.32-0.080.1-0.040.180.11-0.010.32-0.330.00.13
0.530.490.360.210.550.350.410.48-0.040.510.37-0.340.560.520.580.190.480.49-0.140.480.440.630.590.47-0.2
1.00.820.30.330.980.740.960.830.050.510.19-0.470.76-0.120.750.540.980.73-0.70.980.820.840.750.77-0.38
0.190.340.680.550.150.01-0.020.270.150.370.190.180.310.360.05-0.080.22-0.120.220.270.210.20.040.270.19
-0.45-0.080.280.04-0.44-0.76-0.52-0.17-0.12-0.34-0.470.18-0.010.2-0.11-0.34-0.45-0.580.66-0.42-0.67-0.32-0.13-0.660.43
0.770.980.490.450.740.350.670.95-0.120.560.760.31-0.010.280.740.440.780.55-0.310.80.560.730.740.52-0.29
-0.10.220.560.5-0.1-0.33-0.260.21-0.060.52-0.120.360.20.280.1-0.12-0.130.080.49-0.08-0.140.110.1-0.07-0.08
0.770.720.330.170.820.350.750.68-0.320.580.750.05-0.110.740.10.340.670.54-0.390.670.480.761.00.42-0.12
0.520.480.21-0.080.490.620.590.6-0.080.190.54-0.08-0.340.44-0.120.340.590.4-0.680.560.560.350.360.55-0.83
0.980.850.30.320.950.730.940.870.10.480.980.22-0.450.78-0.130.670.590.73-0.71.00.810.810.670.76-0.45
0.730.60.070.260.720.510.780.67-0.040.490.73-0.12-0.580.550.080.540.40.73-0.650.730.590.610.540.57-0.56
-0.66-0.40.160.1-0.64-0.82-0.79-0.490.18-0.14-0.70.220.66-0.310.49-0.39-0.68-0.7-0.65-0.66-0.77-0.36-0.41-0.740.61
0.980.870.360.410.950.710.920.890.110.480.980.27-0.420.8-0.080.670.561.00.73-0.660.810.820.670.76-0.43
0.80.640.170.330.770.910.770.66-0.010.440.820.21-0.670.56-0.140.480.560.810.59-0.770.810.620.50.99-0.42
0.880.730.430.380.90.580.760.690.320.630.840.2-0.320.730.110.760.350.810.61-0.360.820.620.760.58-0.13
0.780.720.320.170.820.370.760.68-0.330.590.750.04-0.130.740.11.00.360.670.54-0.410.670.50.760.44-0.13
0.740.60.190.340.710.90.690.620.00.470.770.27-0.660.52-0.070.420.550.760.57-0.740.760.990.580.44-0.42
-0.35-0.33-0.050.05-0.31-0.44-0.47-0.510.13-0.2-0.380.190.43-0.29-0.08-0.12-0.83-0.45-0.560.61-0.43-0.42-0.13-0.13-0.42
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Australian Agricultural Account Relationship Matchups

Australian Agricultural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.6B2.1B2.4B2.4B1.4B
Short Long Term Debt Total413.2M391.2M402.4M430.0M478.5M363.4M
Other Current Liab18.2M5.4M11.1M14.9M18.2M11.4M
Total Current Liabilities41.9M31.4M43.8M54.3M62.3M54.4M
Total Stockholder Equity913.4M1.0B1.4B1.6B1.5B816.0M
Other Liab35.3M67.8M121.6M256.0M294.4M309.2M
Property Plant And Equipment Net1.2B1.3B1.7B2.0B1.7B895.8M
Net Debt395.0M382.4M393.1M426.0M469.5M345.2M
Retained Earnings(88.5M)(43.0M)93.9M98.5M3.9M3.7M
Accounts Payable15.4M8.8M21.4M23.1M29.6M18.6M
Non Current Assets Total1.2B1.4B1.7B2.0B2.1B1.1B
Non Currrent Assets Other252.3M286.0M1K389.1M399.0M231.7M
Other Assets253.1M286.8M335.4M(71.7M)(64.5M)(61.3M)
Long Term Debt379.8M367.2M375.9M386.2M431.3M338.1M
Net Receivables9.9M7.2M7.5M10.3M19.1M14.1M
Common Stock Shares Outstanding596.9M597.1M597.4M598.5M597.2M609.4M
Liabilities And Stockholders Equity1.5B1.6B2.1B2.4B2.4B1.4B
Non Current Liabilities Total522.5M548.9M687.8M806.9M785.3M479.2M
Inventory213.6M229.3M356.3M382.0M317.5M208.9M
Other Stockholder Equity(440.3M)(485.8M)(622.7M)(627.3M)(564.6M)(536.4M)
Total Liab564.3M580.3M731.5M861.2M847.6M528.5M
Property Plant And Equipment Gross898.8M997.5M1.3B1.8B1.9B2.0B
Total Current Assets244.5M249.4M385.2M402.6M353.9M258.9M
Accumulated Other Comprehensive Income473.1M558.8M739.9M934.8M984.2M1.0B
Property Plant Equipment898.8M997.5M1.3B2.0B2.3B2.4B
Cash18.1M8.9M9.3M4.0M9.0M8.5M
Cash And Short Term Investments18.1M8.9M9.3M4.0M9.0M13.5M
Other Current Assets2.9M4.1M12.1M6.3M8.3M15.5M
Intangible Assets2.0M2.9M6.3M12.9M17.2M18.1M
Short Term Debt7.6M11.4M9.9M13.0M14.5M13.5M
Current Deferred Revenue713K483K1.3M2.7M4.3M6.7M
Net Tangible Assets841.1M911.4M1.0B1.4B1.6B1.0B
Long Term Debt Total405.6M385.2M392.5M417.6M480.3M418.9M
Capital Lease Obligations33.4M22.2M21.8M39.3M40.8M24.3M
Long Term Investments3.6M3.4M288K238K214.2K203.5K

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