Assurant Cash And Short Term Investments vs Cash Analysis

AIZ Stock  USD 227.44  1.29  0.57%   
Assurant financial indicator trend analysis is way more than just evaluating Assurant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Assurant is a good investment. Please check the relationship between Assurant Cash And Short Term Investments and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. 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.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.

Cash And Short Term Investments vs Cash

Cash And Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Assurant Cash And Short Term Investments account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Assurant's Cash And Short Term Investments and Cash is 0.5. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Cash And Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Assurant are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Assurant's Cash And Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Assurant balance sheet. This account contains Assurant investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Assurant fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Cash

Cash refers to the most liquid asset of Assurant, which is listed under current asset account on Assurant balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Assurant customers. The amounts must be unrestricted with restricted cash listed in a different Assurant account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Assurant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Assurant 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 Assurant. 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.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.At this time, Assurant's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas Tax Provision is likely to drop slightly above 121.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.2B10.2B11.1B9.3B
Total Revenue10.2B10.2B11.1B9.3B

Assurant fundamental ratios Correlations

0.7-0.39-0.61-0.251.0-0.390.150.690.570.70.820.60.6-0.260.49-0.090.380.42-0.030.460.10.12-0.080.640.53
0.7-0.52-0.27-0.260.64-0.24-0.110.740.430.750.470.20.54-0.560.10.030.170.320.090.17-0.390.11-0.20.60.14
-0.39-0.520.610.67-0.36-0.210.01-0.6-0.05-0.42-0.130.1-0.490.690.18-0.22-0.19-0.39-0.41-0.140.42-0.69-0.35-0.51-0.28
-0.61-0.270.610.57-0.630.150.22-0.7-0.13-0.53-0.55-0.42-0.530.480.060.17-0.58-0.52-0.02-0.69-0.07-0.35-0.18-0.56-0.5
-0.25-0.260.670.57-0.24-0.43-0.06-0.640.03-0.20.080.34-0.650.730.34-0.480.2-0.14-0.630.070.57-0.59-0.66-0.63-0.65
1.00.64-0.36-0.63-0.24-0.390.170.660.560.670.830.630.58-0.210.52-0.10.390.41-0.050.480.150.11-0.060.620.56
-0.39-0.24-0.210.15-0.43-0.390.08-0.08-0.61-0.57-0.64-0.740.15-0.32-0.060.82-0.65-0.430.84-0.67-0.290.760.860.080.12
0.15-0.110.010.22-0.060.170.08-0.250.3-0.2-0.04-0.02-0.150.290.390.24-0.43-0.160.24-0.29-0.080.080.29-0.170.3
0.690.74-0.6-0.7-0.640.66-0.08-0.250.230.740.550.280.65-0.72-0.040.040.270.520.20.42-0.260.290.10.690.45
0.570.43-0.05-0.130.030.56-0.610.30.230.540.570.460.270.120.18-0.480.170.31-0.120.27-0.03-0.3-0.30.320.35
0.70.75-0.42-0.53-0.20.67-0.57-0.20.740.540.770.520.41-0.41-0.03-0.380.480.62-0.250.57-0.21-0.16-0.410.50.17
0.820.47-0.13-0.550.080.83-0.64-0.040.550.570.770.890.30.050.49-0.510.550.58-0.370.730.4-0.19-0.40.360.31
0.60.20.1-0.420.340.63-0.74-0.020.280.460.520.89-0.050.340.5-0.710.630.57-0.610.830.64-0.37-0.530.010.13
0.60.54-0.49-0.53-0.650.580.15-0.150.650.270.410.3-0.05-0.540.050.34-0.070.20.46-0.01-0.340.420.360.990.72
-0.26-0.560.690.480.73-0.21-0.320.29-0.720.12-0.410.050.34-0.540.48-0.36-0.09-0.04-0.48-0.040.63-0.5-0.32-0.56-0.11
0.490.10.180.060.340.52-0.060.39-0.040.18-0.030.490.50.050.480.08-0.050.09-0.020.010.610.110.030.040.27
-0.090.03-0.220.17-0.48-0.10.820.240.04-0.48-0.38-0.51-0.710.34-0.360.08-0.67-0.40.71-0.75-0.440.60.730.280.27
0.380.17-0.19-0.580.20.39-0.65-0.430.270.170.480.550.63-0.07-0.09-0.05-0.670.41-0.620.830.44-0.2-0.530.0-0.24
0.420.32-0.39-0.52-0.140.41-0.43-0.160.520.310.620.580.570.2-0.040.09-0.40.41-0.30.540.07-0.04-0.180.250.31
-0.030.09-0.41-0.02-0.63-0.050.840.240.2-0.12-0.25-0.37-0.610.46-0.48-0.020.71-0.62-0.3-0.57-0.440.820.880.40.38
0.460.17-0.14-0.690.070.48-0.67-0.290.420.270.570.730.83-0.01-0.040.01-0.750.830.54-0.570.43-0.26-0.470.050.01
0.1-0.390.42-0.070.570.15-0.29-0.08-0.26-0.03-0.210.40.64-0.340.630.61-0.440.440.07-0.440.43-0.16-0.26-0.34-0.08
0.120.11-0.69-0.35-0.590.110.760.080.29-0.3-0.16-0.19-0.370.42-0.50.110.6-0.2-0.040.82-0.26-0.160.820.380.31
-0.08-0.2-0.35-0.18-0.66-0.060.860.290.1-0.3-0.41-0.4-0.530.36-0.320.030.73-0.53-0.180.88-0.47-0.260.820.290.51
0.640.6-0.51-0.56-0.630.620.08-0.170.690.320.50.360.010.99-0.560.040.280.00.250.40.05-0.340.380.290.7
0.530.14-0.28-0.5-0.650.560.120.30.450.350.170.310.130.72-0.110.270.27-0.240.310.380.01-0.080.310.510.7
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Assurant Account Relationship Matchups

Assurant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.3B44.6B33.9B33.1B33.6B32.7B
Total Stockholder Equity5.7B6.0B5.5B4.2B4.8B4.8B
Other Assets13.3B10.4B6.6B19.0B11.6B11.8B
Common Stock Shares Outstanding62.3M63.2M60.1M54.8M53.8M72.7M
Liabilities And Stockholders Equity44.3B44.6B33.9B33.1B33.6B32.7B
Total Liab38.6B38.7B28.4B28.9B28.8B27.9B
Other Current Liab(4.0B)(16.9B)(4.5B)(4.2B)(2.4B)(2.3B)
Other Liab11.9B14.9B2.0B620M713M677.4M
Retained Earnings5.2B5.2B5.6B5.2B4.0B3.7B
Accounts Payable4.0B16.9B4.5B4.2B2.4B3.5B
Cash1.9B2.2B2.0B1.5B1.6B1.3B
Long Term Debt2.3B2.6B2.2B2.1B2.1B1.5B
Good Will2.3B2.6B2.6B2.6B2.6B1.4B
Short Term Investments12.7B13.8B7.5B6.4B6.9B6.3B
Intangible Assets2.0B1.2B583.4M262.8M567.1M725.2M
Property Plant Equipment433.7M493.3M561.4M645.1M741.9M779.0M
Short Long Term Debt Total2.4B2.7B4.4B2.4B2.1B2.0B
Total Current Liabilities4.0B16.9B4.5B4.2B3.5B3.3B
Property Plant And Equipment Net433.7M493.3M561.4M645.1M685.8M389.0M
Net Debt139.8M24.3M161.7M593.2M453M475.7M
Non Current Assets Total6.8B8.4B11.6B3.9B11.3B11.8B
Non Currrent Assets Other(6.8B)(8.4B)(11.6B)(6.3B)(11.3B)(11.8B)
Cash And Short Term Investments14.6B16.0B9.5B8.0B8.5B8.2B
Net Receivables9.6B9.8B6.2B7.0B2.3B2.2B
Non Current Liabilities Total2.0B2.3B2.2B4.2B28.8B30.3B
Other Current Assets(22.3B)4.1B3.9B(4.6B)4.4B4.2B
Property Plant And Equipment Gross347M392M433M190M218.5M319.6M
Total Current Assets24.2B25.9B15.7B10.2B10.8B10.3B
Accumulated Other Comprehensive Income411.5M709.8M(150M)(986.2M)(765M)(726.8M)
Treasury Stock(5.0B)(5.3B)(267.4M)(122.8M)(110.5M)(116.0M)
Short Term Debt102.4M50M2.2B224.7M202.2M192.1M
Noncontrolling Interest In Consolidated Entity10.9M21.9M29.3M3.4M3.9M6.0M
Retained Earnings Total Equity6.0B3.5B4.1B3.7B4.3B4.4B
Inventory22.3B(4.1B)(3.9B)(155.5M)(6.2B)(5.9B)
Net Tangible Assets2.8B2.7B2.9B986.8M888.1M843.7M

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