Albany Capital Stock vs Retained Earnings Analysis
AIN Stock | USD 83.79 1.26 1.53% |
Albany International financial indicator trend analysis is way more than just evaluating Albany International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albany International is a good investment. Please check the relationship between Albany International Capital Stock and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albany International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.
Capital Stock vs Retained Earnings
Capital Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albany International Capital Stock account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Albany International's Capital Stock and Retained Earnings is 0.72. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Albany International, assuming nothing else is changed. The correlation between historical values of Albany International's Capital Stock 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 Capital Stock of Albany International 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 Capital Stock i.e., Albany International's Capital Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.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 Albany International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albany International 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 Albany International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.25, while Selling General Administrative is likely to drop about 186 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 378.4M | 389.8M | 417.4M | 334.9M | Total Revenue | 929.2M | 1.0B | 1.1B | 848.5M |
Albany International fundamental ratios Correlations
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Albany International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Albany International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.5B | 1.6B | 1.6B | 1.8B | 1.2B | |
Short Long Term Debt Total | 424.0M | 398.0M | 355.3M | 444.9M | 514.9M | 363.6M | |
Other Current Liab | 131.8M | 119.6M | 126.9M | 105.3M | 128.5M | 135.0M | |
Total Current Liabilities | 202.7M | 190.9M | 208.2M | 211.3M | 248.7M | 181.3M | |
Total Stockholder Equity | 698.7M | 816.1M | 874.0M | 863.0M | 961.4M | 1.0B | |
Property Plant And Equipment Net | 466.5M | 448.6M | 436.4M | 445.7M | 652.8M | 417.0M | |
Net Debt | 228.5M | 156.7M | 48.0M | 153.2M | 341.4M | 193.6M | |
Retained Earnings | 698.5M | 770.7M | 863.1M | 931.3M | 1.0B | 1.1B | |
Cash | 195.5M | 241.3M | 302.0M | 291.8M | 173.4M | 97.3M | |
Non Current Assets Total | 856.0M | 832.7M | 797.3M | 803.8M | 957.1M | 664.0M | |
Non Currrent Assets Other | 62.9M | 74.7M | 81.4M | 103.0M | 52.1M | 52.7M | |
Cash And Short Term Investments | 195.5M | 241.3M | 302.0M | 291.8M | 173.4M | 97.3M | |
Net Receivables | 303.5M | 327.7M | 306.5M | 348.7M | 470.1M | 493.6M | |
Common Stock Shares Outstanding | 32.3M | 32.4M | 32.5M | 31.5M | 31.3M | 33.2M | |
Liabilities And Stockholders Equity | 1.5B | 1.5B | 1.6B | 1.6B | 1.8B | 1.2B | |
Non Current Liabilities Total | 569.0M | 539.2M | 470.3M | 563.4M | 619.0M | 496.6M | |
Inventory | 95.1M | 110.5M | 117.9M | 139.1M | 169.6M | 162.6M | |
Other Current Assets | 24.1M | 37.8M | 32.4M | 58.9M | 118.8M | 124.7M | |
Other Stockholder Equity | 176.1M | 177.7M | 156.9M | 76.6M | 83.6M | 127.3M | |
Total Liab | 771.7M | 730.1M | 678.5M | 774.7M | 867.7M | 677.8M | |
Property Plant And Equipment Gross | 466.5M | 448.6M | 1.5B | 1.5B | 1.7B | 1.8B | |
Total Current Assets | 618.3M | 717.3M | 758.8M | 838.4M | 878.0M | 493.3M | |
Accumulated Other Comprehensive Income | (176.0M) | (132.4M) | (146.0M) | (144.9M) | (133.2M) | (139.8M) | |
Short Term Debt | 20K | 5.9M | 5.3M | 5.9M | 11.6M | 19.5M | |
Intangible Assets | 52.9M | 46.9M | 39.1M | 33.8M | 44.6M | 42.0M | |
Accounts Payable | 65.2M | 49.2M | 69.0M | 69.7M | 87.1M | 48.3M | |
Current Deferred Revenue | 5.7M | 8.2M | 7.0M | 15.2M | 7.1M | 6.8M | |
Other Liab | 102.3M | 141.2M | 120.3M | 74.2M | 66.8M | 120.0M | |
Other Assets | 136.2M | 149.7M | 139.6M | 118.2M | 1.0 | 0.95 | |
Long Term Debt | 424.0M | 398M | 350M | 439M | 452.7M | 395.5M | |
Treasury Stock | (256.4M) | (256.0M) | (280.1M) | (364.9M) | (328.4M) | (344.9M) | |
Property Plant Equipment | 466.5M | 448.6M | 436.4M | 445.7M | 512.5M | 466.8M | |
Good Will | 180.9M | 187.6M | 182.1M | 178.2M | 180.2M | 155.5M | |
Net Tangible Assets | 464.9M | 581.6M | 652.8M | 651.0M | 748.7M | 500.5M | |
Noncontrolling Interest In Consolidated Entity | 4.0M | 3.8M | 3.6M | 4.5M | 5.2M | 3.4M | |
Retained Earnings Total Equity | 698.5M | 770.7M | 863.1M | 931.3M | 1.1B | 655.5M | |
Long Term Debt Total | 424.0M | 398M | 350M | 439M | 504.9M | 410.5M |
Pair Trading with Albany International
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 Albany International 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 Albany International will appreciate offsetting losses from the drop in the long position's value.Moving against Albany Stock
The ability to find closely correlated positions to Albany International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albany International 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 Albany International - 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 Albany International to buy it.
The correlation of Albany International 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 Albany International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albany International 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 Albany International 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albany International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Industrial Machinery & Supplies & Components 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 Albany International. If investors know Albany 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 Albany International 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 (0.34) | Dividend Share 1.04 | Earnings Share 3.2 | Revenue Per Share 40.587 | Quarterly Revenue Growth 0.061 |
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International'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 Albany International's market value can be influenced by many factors that don't directly affect Albany International'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 Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International'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.