Atlantic Accounts Payable vs Long Term Debt Analysis
AAME Stock | USD 1.63 0.04 2.52% |
Atlantic American financial indicator trend analysis is way more than just evaluating Atlantic American prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlantic American is a good investment. Please check the relationship between Atlantic American Accounts Payable and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.
Accounts Payable vs Long Term Debt
Accounts Payable vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlantic American Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Atlantic American's Accounts Payable and Long Term Debt is -0.67. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Atlantic American, assuming nothing else is changed. The correlation between historical values of Atlantic American's Accounts Payable and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Atlantic American are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., Atlantic American's Accounts Payable and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Atlantic American obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Atlantic American are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Long Term Debt
Long-term debt is a debt that Atlantic American has held for over one year. Long-term debt appears on Atlantic American balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Atlantic American balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Atlantic American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlantic American 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 Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.At present, Atlantic American's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 10.45, whereas Issuance Of Capital Stock is forecasted to decline to about 28.8 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 199.6M | 187.9M | 186.8M | 160.7M | Interest Expense | 1.4M | 2.0M | 3.3M | 2.4M |
Atlantic American fundamental ratios Correlations
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Atlantic American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atlantic American fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 377.6M | 405.2M | 402.3M | 367.1M | 381.3M | 348.0M | |
Total Stockholder Equity | 118.4M | 145.1M | 141.3M | 102.2M | 107.3M | 86.2M | |
Net Debt | 20.8M | 14.4M | 9.0M | 6.9M | 8.5M | 8.9M | |
Retained Earnings | 36.0M | 47.8M | 51.3M | 52.0M | 50.9M | 53.5M | |
Other Assets | (172.2M) | (201.4M) | (209.7M) | 321.5M | 1.0 | 0.95 | |
Common Stock Shares Outstanding | 20.3M | 21.8M | 20.4M | 20.4M | 20.4M | 21.0M | |
Liabilities And Stockholders Equity | 377.6M | 405.2M | 402.3M | 367.1M | 381.3M | 348.0M | |
Other Stockholder Equity | 49.5M | 49.8M | 49.9M | 49.9M | 50.0M | 55.4M | |
Total Liab | 242.9M | 33.7M | 35.0M | 264.9M | 274.0M | 176.3M | |
Total Current Liabilities | 49.3M | 51.1M | 59.2M | 2.0M | 66.4M | 63.1M | |
Property Plant And Equipment Net | 258.9M | 275.3M | 282.1M | 3.4M | 2.6M | 2.5M | |
Non Current Assets Total | 259.2M | 276.6M | 283.9M | 16.7M | 353.0M | 370.6M | |
Net Receivables | 45.3M | 56.6M | 42.4M | 41.3M | 37.2M | 35.5M | |
Other Current Assets | 26.0M | 48.9M | 41.4M | 48.0M | 53.7M | 56.4M | |
Total Current Assets | 290.6M | 330.0M | 328.1M | 28.9M | 28.3M | 26.9M | |
Accounts Payable | 23.6M | 26.4M | 25.5M | 26.5M | 24.8M | 19.8M | |
Cash | 12.9M | 19.3M | 24.8M | 28.9M | 28.3M | 26.9M | |
Cash And Short Term Investments | 245.4M | 273.4M | 285.7M | 237.6M | 28.3M | 26.9M | |
Other Current Liab | 25.7M | (26.4M) | (25.5M) | (4.0M) | (24.8M) | (23.6M) | |
Non Currrent Assets Other | (259.2M) | (276.6M) | (283.9M) | (224.9M) | 296.3M | 311.2M | |
Accumulated Other Comprehensive Income | 10.5M | 25M | 17.7M | (22.1M) | (16.1M) | (15.3M) | |
Other Liab | 164.8M | 175.9M | 172.8M | 174.3M | 156.9M | 155.1M | |
Short Term Investments | 232.5M | 254.1M | 261.0M | 208.7M | 1.7M | 1.6M | |
Treasury Stock | (7.1M) | (8.0M) | (7.6M) | (7.3M) | (6.6M) | (6.3M) | |
Net Tangible Assets | 98.8M | 115.8M | 142.5M | 138.7M | 159.5M | 120.6M | |
Retained Earnings Total Equity | 31.0M | 37.2M | 36.0M | 47.8M | 55.0M | 57.7M | |
Capital Surpluse | 57.5M | 57.4M | 57.8M | 57.4M | 66.1M | 63.0M | |
Long Term Investments | 268.6M | 274.1M | 281.3M | 221.5M | 254.8M | 268.8M | |
Non Current Liabilities Other | 207.3M | 222.8M | 235.6M | 233.7M | 268.8M | 214.8M |
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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 Atlantic American is a strong investment it is important to analyze Atlantic American's 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 Atlantic American's future performance. For an informed investment choice regarding Atlantic Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Multi-line Insurance 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 Atlantic American. If investors know Atlantic 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 Atlantic American 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 (0.78) | Earnings Share (0.36) | Revenue Per Share 9.117 | Quarterly Revenue Growth (0.03) | Return On Assets (0) |
The market value of Atlantic American is measured differently than its book value, which is the value of Atlantic that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantic American's value that differs from its market value or its book value, called intrinsic value, which is Atlantic American's 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 Atlantic American's market value can be influenced by many factors that don't directly affect Atlantic American's 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 Atlantic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic American's 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.