Acres Net Income vs Other Non Cash Items Analysis
ACR Stock | USD 17.37 0.01 0.06% |
Acres Commercial financial indicator trend analysis is way more than just evaluating Acres Commercial Realty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acres Commercial Realty is a good investment. Please check the relationship between Acres Commercial Net Income and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acres Commercial Realty. 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.
Net Income vs Other Non Cash Items
Net Income vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acres Commercial Realty Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Acres Commercial's Net Income and Other Non Cash Items is -0.14. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Acres Commercial Realty, assuming nothing else is changed. The correlation between historical values of Acres Commercial's Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Acres Commercial Realty are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Acres Commercial's Net Income and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Acres Commercial Realty financial statement analysis. It represents the amount of money remaining after all of Acres Commercial Realty operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Non Cash Items
Most indicators from Acres Commercial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acres Commercial Realty 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 Acres Commercial Realty. 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 this time, Acres Commercial's Selling General Administrative is relatively stable compared to the past year. As of 12/01/2024, Enterprise Value is likely to grow to about 1.9 B, while Discontinued Operations is likely to drop (237.2 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 61.6M | 82.3M | 130.8M | 73.5M | Depreciation And Amortization | 4.6M | 65.1M | 91K | 86.5K |
Acres Commercial fundamental ratios Correlations
Click cells to compare fundamentals
Acres Commercial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acres Commercial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.5B | 1.7B | 2.3B | 2.4B | 2.2B | 2.4B | |
Short Long Term Debt Total | 1.9B | 1.3B | 1.9B | 2.2B | 1.7B | 1.8B | |
Other Current Liab | (7.8M) | (49.7M) | (13.0M) | (17.3M) | 3.8M | 4.0M | |
Total Current Liabilities | 7.8M | 49.7M | 13.0M | 17.3M | 12.4M | 11.8M | |
Total Stockholder Equity | 556.4M | 334.4M | 448.2M | 435.5M | 435.8M | 536.1M | |
Net Debt | 1.8B | 1.3B | 1.8B | 1.8B | 1.6B | 1.2B | |
Retained Earnings | (530.5M) | (741.6M) | (723.6M) | (732.4M) | (729.4M) | (692.9M) | |
Accounts Payable | 7.8M | 8.1M | 13.0M | 17.3M | 8.5M | 10.3M | |
Cash | 80.0M | 29.4M | 35.5M | 66.2M | 83.4M | 78.1M | |
Non Current Assets Total | 522.4M | 12.7M | 11.8M | 29.2M | 29.6M | 28.1M | |
Non Currrent Assets Other | (522.4M) | (1.7B) | (2.3B) | (2.4B) | (29.6M) | (31.1M) | |
Other Assets | 1.3B | 1.6B | 2.2B | 2.3B | 2.1B | 2.0B | |
Long Term Debt | 4.6M | 1.3B | 1.8B | 1.9B | 1.7B | 1.8B | |
Cash And Short Term Investments | 600.7M | 31.4M | 35.5M | 67.8M | 83.4M | 79.3M | |
Net Receivables | 27.6M | 14.9M | 24.7M | 13.3M | 12.6M | 11.9M | |
Common Stock Shares Outstanding | 10.6M | 10.8M | 9.8M | 8.8M | 8.6M | 8.0M | |
Short Term Investments | 419.0M | 520.7M | 2.1M | 1.5M | 1.8M | 1.7M | |
Liabilities And Stockholders Equity | 2.5B | 1.7B | 2.3B | 2.4B | 2.2B | 2.4B | |
Non Current Liabilities Total | 1.9B | 1.3B | 1.8B | 17.3M | 1.7B | 1.1B | |
Other Stockholder Equity | 1.1B | 1.1B | 1.2B | 1.2B | 1.2B | 949.6M | |
Total Liab | 1.9B | 1.3B | 1.8B | 1.9B | 1.7B | 1.3B | |
Total Current Assets | 628.2M | 46.3M | 60.2M | 79.7M | 96.0M | 91.2M | |
Accumulated Other Comprehensive Income | 1.8M | (10.0M) | (8.1M) | (6.4M) | (4.8M) | (5.0M) | |
Short Term Debt | 621.9M | 41.6M | 71.2M | 331.0M | 94.7M | 90.0M | |
Property Plant Equipment | 89K | 33.8M | 65.3M | 141.2M | 162.4M | 170.6M | |
Inventory | (30.0K) | 1.0 | 17.8M | 53.8M | 62.6M | 65.7M | |
Other Current Assets | (124.4M) | (94.5M) | (326.5M) | (171.9M) | (167.1M) | (158.7M) | |
Property Plant And Equipment Net | 89K | 5.8M | 6.4M | 20.6M | 20.2M | 21.2M | |
Property Plant And Equipment Gross | 89K | 5.8M | 6.4M | 20.6M | 20.2M | 21.2M | |
Net Tangible Assets | 556.4M | 331.1M | 444.3M | 426.6M | 383.9M | 494.8M | |
Retained Earnings Total Equity | (530.5M) | (741.6M) | (723.6M) | (732.4M) | (659.1M) | (626.2M) | |
Long Term Debt Total | 4.6M | 1.3B | 1.8B | 1.9B | 2.1B | 2.3B | |
Capital Surpluse | 1.1B | 1.1B | 1.2B | 1.2B | 1.1B | 922.4M | |
Long Term Investments | 21.1M | 5.8M | 19.4M | 55.3M | 1.5M | 1.5M |
Pair Trading with Acres Commercial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acres Commercial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acres Commercial will appreciate offsetting losses from the drop in the long position's value.Moving together with Acres Stock
Moving against Acres Stock
The ability to find closely correlated positions to Acres Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acres Commercial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acres Commercial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acres Commercial Realty to buy it.
The correlation of Acres Commercial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acres Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acres Commercial Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acres Commercial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Acres Stock Analysis
When running Acres Commercial's price analysis, check to measure Acres Commercial'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 Acres Commercial is operating at the current time. Most of Acres Commercial's value examination focuses on studying past and present price action to predict the probability of Acres Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acres Commercial's price. Additionally, you may evaluate how the addition of Acres Commercial to your portfolios can decrease your overall portfolio volatility.