American Change In Cash vs Depreciation Analysis
AFG Stock | USD 146.86 1.07 0.72% |
American Financial financial indicator trend analysis is way more than just evaluating American Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Financial is a good investment. Please check the relationship between American Financial Change In Cash and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial 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 census.
Change In Cash vs Depreciation
Change In Cash vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Financial Change In Cash account and Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between American Financial's Change In Cash and Depreciation is 0.24. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of American Financial Group, assuming nothing else is changed. The correlation between historical values of American Financial's Change In Cash and Depreciation 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 In Cash of American Financial Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., American Financial's Change In Cash and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change In Cash
Depreciation
Depreciation indicates how much of American Financial value has been used up. For tax purposes American Financial can deduct the cost of the tangible assets it purchases as business expenses. However, American Financial Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from American Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Financial 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 Financial 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 census. At this time, American Financial's Enterprise Value Multiple is most likely to increase slightly in the upcoming years. The American Financial's current Enterprise Value is estimated to increase to about 8.1 B, while Discontinued Operations is projected to decrease to roughly 731.2 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 94M | 76M | 70.8M | Depreciation And Amortization | 187M | 78M | 147.1M |
American Financial fundamental ratios Correlations
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American Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.1B | 73.6B | 28.9B | 28.8B | 29.8B | 26.8B | |
Short Long Term Debt Total | 1.5B | 7.2B | 2.0B | 1.5B | 1.5B | 1.2B | |
Other Current Liab | (814M) | (807M) | (920M) | (1.0B) | (1.2B) | (1.1B) | |
Total Current Liabilities | 814M | 807M | 920M | 1.0B | 9.8B | 17.6B | |
Total Stockholder Equity | 6.3B | 6.8B | 5.0B | 4.1B | 4.3B | 3.2B | |
Property Plant And Equipment Net | 158M | 139M | 118M | 103M | 176M | 184.8M | |
Net Debt | (841M) | (847M) | (167M) | 624M | 250M | 262.5M | |
Retained Earnings | 4.0B | 4.1B | 3.5B | 3.1B | 3.1B | 1.8B | |
Cash | 2.3B | 2.8B | 2.1B | 872M | 1.2B | 1.0B | |
Non Current Assets Total | 50.5B | 47.0B | 13.2B | 13.1B | 20.2B | 25.6B | |
Non Currrent Assets Other | (1.2B) | (525M) | (501M) | (486M) | 17.8B | 18.7B | |
Other Assets | (34.9B) | (31.8B) | (2.4B) | 1.1B | 6.9B | 7.2B | |
Cash And Short Term Investments | 48.8B | 46.0B | 12.5B | 11.0B | 1.2B | 1.2B | |
Liabilities And Stockholders Equity | 70.1B | 73.6B | 28.9B | 28.8B | 29.8B | 26.8B | |
Non Current Liabilities Total | 1.5B | 2.0B | 2.0B | 4.2B | 10.6B | 11.1B | |
Other Stockholder Equity | 1.3B | 1.3B | 1.3B | 1.4B | 1.4B | 1.2B | |
Total Liab | 63.9B | 66.8B | 23.9B | 24.8B | 25.5B | 23.3B | |
Total Current Assets | 54.5B | 58.3B | 18.1B | 14.6B | 2.7B | 2.8B | |
Accumulated Other Comprehensive Income | 863M | 1.3B | 119M | (543M) | (319M) | (303.1M) | |
Short Term Debt | 285M | 445M | 46M | 5.2B | 38M | 0.0 | |
Net Receivables | 5.7B | 12.3B | 5.6B | 886M | 7.1B | 7.5B | |
Other Current Assets | 6.4B | 3.6B | 5.5B | 917M | 961M | 1.0B | |
Intangible Assets | 250M | 210M | 352M | 354M | 522M | 493.5M | |
Accounts Payable | 814M | 807M | 920M | 1.0B | 1.2B | 1.2B | |
Short Term Investments | 46.5B | 43.2B | 10.4B | 10.1B | 521M | 495.0M | |
Other Liab | 50.3B | 61.2B | 17.9B | 18.9B | 21.7B | 22.6B | |
Long Term Debt | 1.5B | 2.0B | 2.0B | 1.5B | 1.5B | 1.3B | |
Net Tangible Assets | 6.1B | 6.6B | 5.0B | 3.8B | 4.4B | 5.3B | |
Retained Earnings Total Equity | 4.0B | 4.1B | 3.5B | 3.1B | 3.6B | 3.3B | |
Long Term Debt Total | 1.5B | 2.0B | 2.0B | 1.5B | 1.7B | 1.4B | |
Capital Surpluse | 1.3B | 1.3B | 1.3B | 1.4B | 1.6B | 1.3B |
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When determining whether American Financial is a strong investment it is important to analyze American Financial'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 American Financial's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial 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 census. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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 American Financial. If investors know American 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 American Financial 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 0.032 | Dividend Share 2.93 | Earnings Share 10.67 | Revenue Per Share 94.463 | Quarterly Revenue Growth 0.108 |
The market value of American Financial is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Financial's value that differs from its market value or its book value, called intrinsic value, which is American Financial'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 American Financial's market value can be influenced by many factors that don't directly affect American Financial'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 American Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Financial'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.