Associated Total Assets vs Non Current Assets Total Analysis

AC Stock  USD 36.42  0.21  0.57%   
Associated Capital financial indicator trend analysis is way more than just evaluating Associated Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Associated Capital is a good investment. Please check the relationship between Associated Capital Total Assets and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Assets vs Non Current Assets Total

Total Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated Capital Total Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Associated Capital's Total Assets and Non Current Assets Total is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Associated Capital Group, assuming nothing else is changed. The correlation between historical values of Associated Capital's Total Assets and Non Current Assets Total 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 Associated Capital Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Assets i.e., Associated Capital's Total Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Associated Capital 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 Associated Capital 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Associated Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Associated Capital 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 Associated Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Associated Capital's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 503.5 M, whereas Discontinued Operations is forecasted to decline to (597.2 K).
 2021 2022 2023 2024 (projected)
Interest Expense310K216K462K595.7K
Depreciation And Amortization40M26.5M360K342K

Associated Capital fundamental ratios Correlations

-0.740.720.87-0.750.610.750.39-0.76-0.57-0.49-0.65-0.80.47-0.83-0.77-0.47-0.40.52-0.390.71-0.75-0.10.680.38-0.79
-0.74-0.61-0.670.94-0.62-0.83-0.20.850.890.630.640.83-0.280.610.560.60.09-0.190.54-0.570.9-0.18-0.87-0.240.89
0.72-0.610.78-0.720.940.59-0.17-0.61-0.58-0.31-0.3-0.680.11-0.67-0.38-0.25-0.220.2-0.290.72-0.520.060.680.67-0.71
0.87-0.670.78-0.810.720.750.47-0.74-0.58-0.21-0.45-0.820.58-0.87-0.59-0.24-0.330.2-0.270.95-0.620.180.780.69-0.88
-0.750.94-0.72-0.81-0.73-0.83-0.240.840.920.430.480.86-0.420.710.480.440.14-0.110.55-0.750.77-0.28-0.96-0.520.97
0.61-0.620.940.72-0.730.56-0.22-0.57-0.63-0.26-0.22-0.620.02-0.56-0.34-0.21-0.180.15-0.290.72-0.490.070.730.62-0.71
0.75-0.830.590.75-0.830.560.39-1.0-0.62-0.63-0.47-0.970.51-0.62-0.7-0.37-0.310.17-0.230.72-0.870.190.720.35-0.79
0.39-0.2-0.170.47-0.24-0.220.39-0.36-0.050.03-0.3-0.390.75-0.45-0.41-0.06-0.220.040.00.47-0.290.20.210.13-0.36
-0.760.85-0.61-0.740.84-0.57-1.0-0.360.640.640.470.96-0.480.610.690.390.31-0.170.24-0.690.87-0.2-0.72-0.350.79
-0.570.89-0.58-0.580.92-0.63-0.62-0.050.640.320.360.61-0.20.470.230.39-0.050.030.63-0.510.6-0.37-0.91-0.40.84
-0.490.63-0.31-0.210.43-0.26-0.630.030.640.320.670.58-0.10.240.720.49-0.07-0.50.4-0.110.80.36-0.270.190.35
-0.650.64-0.3-0.450.48-0.22-0.47-0.30.470.360.670.54-0.310.60.730.73-0.02-0.490.39-0.270.780.31-0.40.160.53
-0.80.83-0.68-0.820.86-0.62-0.97-0.390.960.610.580.54-0.540.780.720.480.36-0.250.29-0.770.87-0.12-0.74-0.420.86
0.47-0.280.110.58-0.420.020.510.75-0.48-0.2-0.1-0.31-0.54-0.57-0.52-0.03-0.140.14-0.20.59-0.310.10.450.43-0.51
-0.830.61-0.67-0.870.71-0.56-0.62-0.450.610.470.240.60.78-0.570.630.550.4-0.410.38-0.750.610.07-0.64-0.480.83
-0.770.56-0.38-0.590.48-0.34-0.7-0.410.690.230.720.730.72-0.520.630.530.34-0.720.27-0.480.770.47-0.41-0.010.53
-0.470.6-0.25-0.240.44-0.21-0.37-0.060.390.390.490.730.48-0.030.550.530.34-0.50.33-0.030.670.33-0.350.360.48
-0.40.09-0.22-0.330.14-0.18-0.31-0.220.31-0.05-0.07-0.020.36-0.140.40.340.34-0.4-0.32-0.240.210.18-0.130.040.2
0.52-0.190.20.2-0.110.150.170.04-0.170.03-0.5-0.49-0.250.14-0.41-0.72-0.5-0.4-0.40.05-0.36-0.880.06-0.2-0.19
-0.390.54-0.29-0.270.55-0.29-0.230.00.240.630.40.390.29-0.20.380.270.33-0.32-0.4-0.20.340.22-0.5-0.250.55
0.71-0.570.720.95-0.750.720.720.47-0.69-0.51-0.11-0.27-0.770.59-0.75-0.48-0.03-0.240.05-0.2-0.510.260.750.79-0.82
-0.750.9-0.52-0.620.77-0.49-0.87-0.290.870.60.80.780.87-0.310.610.770.670.21-0.360.34-0.510.05-0.64-0.040.75
-0.1-0.180.060.18-0.280.070.190.2-0.2-0.370.360.31-0.120.10.070.470.330.18-0.880.220.260.050.290.39-0.2
0.68-0.870.680.78-0.960.730.720.21-0.72-0.91-0.27-0.4-0.740.45-0.64-0.41-0.35-0.130.06-0.50.75-0.640.290.55-0.93
0.38-0.240.670.69-0.520.620.350.13-0.35-0.40.190.16-0.420.43-0.48-0.010.360.04-0.2-0.250.79-0.040.390.55-0.55
-0.790.89-0.71-0.880.97-0.71-0.79-0.360.790.840.350.530.86-0.510.830.530.480.2-0.190.55-0.820.75-0.2-0.93-0.55
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Associated Capital Account Relationship Matchups

Associated Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding22.5M22.4M22.1M22.0M21.8M19.0M
Total Assets1.0B1.2B1.2B927.7M943.8M1.0B
Other Current Liab38.4M42.3M38.0M16.6M8.3M7.9M
Total Current Liabilities53.3M48.8M47.3M24.4M12.8M12.1M
Total Stockholder Equity897.3M901.4M935.3M890.2M907.0M902.0M
Other Liab22.0M28.9M25.9M14.9M13.4M20.6M
Net Debt(333.8M)(372.9M)(375.6M)(402.6M)(317.5M)(333.4M)
Accounts Payable14.9M6.5M9.3M7.8M4.5M4.2M
Cash348.6M384.0M380.0M404.5M317.5M354.2M
Non Current Assets Total615.7M575.6M587.3M494.5M492.8M580.3M
Non Currrent Assets Other10.6M28.9M21.7M18.7M6.5M12.4M
Other Assets8.5M1.1B636.1M1.8M614.3M645.0M
Cash And Short Term Investments348.6M384.0M380.0M404.5M406.6M363.1M
Net Receivables54.2M40.0M60.9M28.7M36.5M41.2M
Short Term Investments29.0M344.5M61.0M186.0M89.2M93.6M
Liabilities And Stockholders Equity1.0B1.2B1.2B927.7M943.8M1.0B
Non Current Liabilities Total16.4M17.6M18.2M2.9M18.0M12.7M
Inventory(29.0M)(344.5M)(61.0M)(186.0M)(89.2M)(93.6M)
Other Current Assets(379.1M)(76.3M)(379.9M)(247.2M)(361.8M)(343.7M)
Other Stockholder Equity898.0M874.1M798.5M859.9M858.7M786.7M
Total Liab69.7M66.3M65.5M27.3M30.7M49.5M
Total Current Assets402.8M599.0M616.0M433.2M451.0M455.6M
Short Long Term Debt Total14.8M17.6M18.2M2.9M6.5M8.9M
Net Tangible Assets892.9M895.4M935.3M896.9M1.0B928.2M
Retained Earnings(701K)13.6M68.4M15.1M48.2M50.6M
Long Term Investments605.0M544.5M562.1M472.3M466.3M534.1M
Short Term Debt16.3M17.6M12.9M2.9M2.6M2.5M
Property Plant And Equipment Net(5.5M)(3.5M)(8.6M)16.9M16.5M17.3M
Warrants50.4M206.8M202.5M10.2M11.7M11.1M
Retained Earnings Total Equity(701K)13.6M68.4M15.1M17.4M9.1M
Capital Surpluse1.0B1.0B999.0M990.1M899.1M801.6M
Treasury Stock(106.3M)(113.8M)(121.4M)(124.0M)(111.6M)(117.2M)
Non Current Liabilities Other16.4M17.6M12.9M2.9M5.9M8.7M
Property Plant Equipment6.6M17.5M17.2M16.9M19.4M20.3M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Asset Management & Custody Banks 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 Associated Capital. If investors know Associated 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 Associated Capital 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
(0.07)
Dividend Share
0.1
Earnings Share
2.62
Revenue Per Share
0.637
Quarterly Revenue Growth
0.098
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.