Applied Total Assets vs Capital Surpluse Analysis

AIT Stock

USD 265.34 2.20 0.84%

Applied Industrial financial indicator trend analysis is way more than just evaluating Applied Industrial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Industrial is a good investment. Please check the relationship between Applied Industrial Total Assets and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Industrial Technologies. 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.

Total Assets vs Capital Surpluse

Total Assets vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applied Industrial Total Assets account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Applied Industrial's Total Assets and Capital Surpluse is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Applied Industrial Technologies, assuming nothing else is changed. The correlation between historical values of Applied Industrial's Total Assets and Capital Surpluse 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 Applied Industrial Technologies are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Assets i.e., Applied Industrial's Total Assets and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Assets

Total assets refers to the total amount of Applied Industrial 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 Applied Industrial 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.

Capital Surpluse

Most indicators from Applied Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Industrial 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 Applied Industrial Technologies. 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.

At this time, Applied Industrial's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.24 in 2025, whereas Enterprise Value Multiple is likely to drop 7.10 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	1.3B	1.3B	1.5B	1.6B
Total Revenue	4.4B	4.5B	5.2B	5.4B

Gross Profit Total Revenue

Applied Industrial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.86	0.8	0.98	0.92	0.94	0.44	0.96	0.88	0.96	0.45	0.88	0.98	-0.9	0.85	0.96	0.84	-0.92	0.92	0.88	0.98	0.63	0.96	0.59	-0.59	-0.59
Short Long Term Debt Total	0.86		0.52	0.83	0.6	0.72	0.81	0.68	0.6	0.96	0.17	0.6	0.75	-0.76	0.99	0.77	0.48	-0.81	0.98	0.58	0.72	0.73	0.78	0.86	-0.34	-0.34
Other Current Liab	0.8	0.52		0.8	0.87	0.89	0.01	0.85	0.86	0.68	0.71	0.86	0.85	-0.67	0.49	0.72	0.89	-0.68	0.6	0.89	0.86	0.53	0.76	0.13	-0.57	-0.57
Total Current Liabilities	0.98	0.83	0.8		0.9	0.91	0.45	0.93	0.82	0.95	0.53	0.82	0.98	-0.89	0.83	0.97	0.85	-0.93	0.91	0.83	0.96	0.58	0.98	0.6	-0.52	-0.52
Total Stockholder Equity	0.92	0.6	0.87	0.9		0.92	0.07	0.99	0.94	0.79	0.54	0.94	0.96	-0.85	0.57	0.91	0.95	-0.8	0.69	0.96	0.98	0.45	0.89	0.26	-0.71	-0.71
Property Plant And Equipment Net	0.94	0.72	0.89	0.91	0.92		0.24	0.94	0.95	0.85	0.5	0.95	0.92	-0.85	0.72	0.86	0.87	-0.85	0.8	0.95	0.95	0.69	0.84	0.37	-0.64	-0.64
Net Debt	0.44	0.81	0.01	0.45	0.07	0.24		0.18	0.04	0.66	-0.11	0.04	0.31	-0.36	0.84	0.41	-0.05	-0.51	0.75	0.04	0.24	0.51	0.43	0.95	0.14	0.14
Retained Earnings	0.96	0.68	0.85	0.93	0.99	0.94	0.18		0.94	0.84	0.49	0.94	0.98	-0.9	0.66	0.94	0.92	-0.87	0.76	0.96	0.99	0.5	0.92	0.35	-0.69	-0.69
Cash	0.88	0.6	0.86	0.82	0.94	0.95	0.04	0.94		0.75	0.44	1.0	0.87	-0.79	0.57	0.79	0.9	-0.75	0.67	0.97	0.94	0.63	0.77	0.2	-0.7	-0.7
Non Current Assets Total	0.96	0.96	0.68	0.95	0.79	0.85	0.66	0.84	0.75		0.34	0.75	0.91	-0.85	0.95	0.91	0.69	-0.9	0.99	0.75	0.88	0.69	0.92	0.76	-0.47	-0.47
Non Currrent Assets Other	0.45	0.17	0.71	0.53	0.54	0.5	-0.11	0.49	0.44	0.34		0.44	0.54	-0.25	0.17	0.46	0.69	-0.39	0.28	0.48	0.52	0.22	0.5	0.05	-0.08	-0.08
Cash And Short Term Investments	0.88	0.6	0.86	0.82	0.94	0.95	0.04	0.94	1.0	0.75	0.44		0.87	-0.79	0.57	0.79	0.9	-0.75	0.67	0.97	0.94	0.63	0.77	0.2	-0.7	-0.7
Net Receivables	0.98	0.75	0.85	0.98	0.96	0.92	0.31	0.98	0.87	0.91	0.54	0.87		-0.89	0.74	0.97	0.9	-0.89	0.84	0.91	0.99	0.51	0.98	0.47	-0.62	-0.62
Common Stock Shares Outstanding	-0.9	-0.76	-0.67	-0.89	-0.85	-0.85	-0.36	-0.9	-0.79	-0.85	-0.25	-0.79	-0.89		-0.74	-0.91	-0.73	0.85	-0.81	-0.8	-0.89	-0.42	-0.86	-0.47	0.74	0.74
Non Current Liabilities Total	0.85	0.99	0.49	0.83	0.57	0.72	0.84	0.66	0.57	0.95	0.17	0.57	0.74	-0.74		0.78	0.47	-0.82	0.99	0.56	0.71	0.74	0.79	0.88	-0.3	-0.3
Inventory	0.96	0.77	0.72	0.97	0.91	0.86	0.41	0.94	0.79	0.91	0.46	0.79	0.97	-0.91	0.78		0.84	-0.91	0.86	0.82	0.95	0.45	0.98	0.56	-0.57	-0.57
Other Current Assets	0.84	0.48	0.89	0.85	0.95	0.87	-0.05	0.92	0.9	0.69	0.69	0.9	0.9	-0.73	0.47	0.84		-0.72	0.6	0.89	0.93	0.44	0.83	0.14	-0.61	-0.61
Other Stockholder Equity	-0.92	-0.81	-0.68	-0.93	-0.8	-0.85	-0.51	-0.87	-0.75	-0.9	-0.39	-0.75	-0.89	0.85	-0.82	-0.91	-0.72		-0.88	-0.76	-0.88	-0.58	-0.9	-0.64	0.35	0.35
Total Liab	0.92	0.98	0.6	0.91	0.69	0.8	0.75	0.76	0.67	0.99	0.28	0.67	0.84	-0.81	0.99	0.86	0.6	-0.88		0.66	0.81	0.72	0.87	0.83	-0.38	-0.38
Property Plant And Equipment Gross	0.88	0.58	0.89	0.83	0.96	0.95	0.04	0.96	0.97	0.75	0.48	0.97	0.91	-0.8	0.56	0.82	0.89	-0.76	0.66		0.95	0.54	0.81	0.2	-0.73	-0.73
Total Current Assets	0.98	0.72	0.86	0.96	0.98	0.95	0.24	0.99	0.94	0.88	0.52	0.94	0.99	-0.89	0.71	0.95	0.93	-0.88	0.81	0.95		0.56	0.94	0.41	-0.66	-0.66
Short Term Debt	0.63	0.73	0.53	0.58	0.45	0.69	0.51	0.5	0.63	0.69	0.22	0.63	0.51	-0.42	0.74	0.45	0.44	-0.58	0.72	0.54	0.56		0.47	0.53	-0.14	-0.14
Accounts Payable	0.96	0.78	0.76	0.98	0.89	0.84	0.43	0.92	0.77	0.92	0.5	0.77	0.98	-0.86	0.79	0.98	0.83	-0.9	0.87	0.81	0.94	0.47		0.58	-0.52	-0.52
Intangible Assets	0.59	0.86	0.13	0.6	0.26	0.37	0.95	0.35	0.2	0.76	0.05	0.2	0.47	-0.47	0.88	0.56	0.14	-0.64	0.83	0.2	0.41	0.53	0.58		0.07	0.07
Common Stock Total Equity	-0.59	-0.34	-0.57	-0.52	-0.71	-0.64	0.14	-0.69	-0.7	-0.47	-0.08	-0.7	-0.62	0.74	-0.3	-0.57	-0.61	0.35	-0.38	-0.73	-0.66	-0.14	-0.52	0.07		1.0
Common Stock	-0.59	-0.34	-0.57	-0.52	-0.71	-0.64	0.14	-0.69	-0.7	-0.47	-0.08	-0.7	-0.62	0.74	-0.3	-0.57	-0.61	0.35	-0.38	-0.73	-0.66	-0.14	-0.52	0.07	1.0

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Applied Industrial Account Relationship Matchups

Applied Industrial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.3B	2.5B	2.7B	3.0B	3.4B	3.6B
Short Long Term Debt Total	828.4M	689.3M	622.1M	734.9M	845.2M	887.4M
Other Current Liab	148.7M	200.0M	182.3M	175.6M	202.0M	212.1M
Total Current Liabilities	427.7M	499.6M	540.3M	501.1M	576.3M	605.1M
Total Stockholder Equity	932.5M	1.1B	1.5B	1.7B	1.9B	2.0B
Property Plant And Equipment Net	202.7M	219.9M	215.7M	251.8M	289.6M	304.1M
Net Debt	570.6M	504.9M	278.1M	274.3M	315.5M	164.3M
Retained Earnings	1.3B	1.5B	1.8B	2.1B	2.4B	2.6B
Cash	257.7M	184.5M	344.0M	460.6M	529.7M	556.2M
Non Current Assets Total	1.1B	1.1B	1.1B	1.2B	1.4B	1.4B
Non Currrent Assets Other	32.8M	59.3M	66.8M	42.4M	48.8M	31.2M
Cash And Short Term Investments	257.7M	184.5M	344.0M	460.6M	529.7M	556.2M
Net Receivables	516.3M	656.4M	708.4M	737.5M	848.2M	890.6M
Common Stock Shares Outstanding	39.3M	39.1M	39.2M	39.3M	35.3M	33.3M
Liabilities And Stockholders Equity	2.3B	2.5B	2.7B	3.0B	3.4B	3.6B
Non Current Liabilities Total	911.6M	803.6M	744.6M	762.0M	876.3M	920.2M
Inventory	362.5M	449.8M	501.2M	488.3M	561.5M	589.6M
Other Current Assets	60.0M	68.8M	93.2M	83.5M	96.0M	100.8M
Other Stockholder Equity	(278.8M)	(288.0M)	(288.9M)	(365.5M)	(328.9M)	(312.5M)
Total Liab	1.3B	1.3B	1.3B	1.3B	1.5B	1.5B
Property Plant And Equipment Gross	202.7M	326.9M	344.1M	496.5M	570.9M	599.5M
Total Current Assets	1.2B	1.4B	1.6B	1.8B	2.0B	2.1B
Accumulated Other Comprehensive Income	(93.1M)	(72.3M)	(55.3M)	(77.6M)	(69.8M)	(66.3M)
Short Term Debt	70.9M	40.2M	56.3M	58.5M	52.7M	37.6M
Accounts Payable	208.2M	259.5M	301.7M	266.9M	307.0M	322.3M
Intangible Assets	279.6M	250.6M	235.5M	245.9M	282.8M	159.7M
Other Liab	90.9M	126.7M	154.5M	74.9M	86.2M	69.4M
Other Assets	32.8M	59.3M	66.8M	1.0	1.15	1.09
Long Term Debt	784.9M	649.2M	596.9M	572.3M	658.1M	691.0M
Good Will	560.1M	563.2M	578.4M	619.4M	712.3M	747.9M
Treasury Stock	(414.1M)	(455.8M)	(471.8M)	(477.5M)	(429.8M)	(408.3M)
Property Plant Equipment	212.5M	202.7M	111.9M	215.7M	248.1M	260.5M
Current Deferred Revenue	61.9M	77.7M	98.7M	(33.5M)	(30.1M)	(28.6M)
Net Tangible Assets	(40.3M)	92.8M	335.6M	644.5M	580.0M	315.8M
Retained Earnings Total Equity	1.2B	1.3B	1.5B	1.8B	2.1B	1.1B
Capital Surpluse	176.5M	177.0M	183.8M	188.6M	216.9M	183.2M
Non Current Liabilities Other	126.7M	154.5M	147.6M	189.8M	218.2M	229.1M
Accumulated Depreciation	(192.1M)	(204.3M)	(215.0M)	(229.0M)	(206.1M)	(216.4M)
Long Term Debt Total	855.1M	784.9M	649.2M	596.9M	686.5M	642.0M
Short Long Term Debt	43.5M	40.2M	25.2M	25.1M	22.5M	33.7M

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