Assurant Net Interest Income vs Cost Of Revenue Analysis

AIZ Stock  USD 217.33  0.50  0.23%   
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 Net Interest Income and its Cost Of Revenue 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.

Net Interest Income vs Cost Of Revenue

Net Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Assurant Net Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Assurant's Net Interest Income and Cost Of Revenue is -0.53. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Net Interest Income and Cost Of Revenue 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 Interest Income of Assurant are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Interest Income i.e., Assurant's Net Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Cost Of Revenue

Cost of Revenue is found on Assurant income statement and represents the costs associated with goods and services Assurant provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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

0.7-0.28-0.61-0.251.0-0.390.150.690.570.70.820.60.6-0.260.49-0.090.380.42-0.030.460.10.1-0.070.640.53
0.7-0.36-0.27-0.260.64-0.24-0.110.740.430.750.470.20.54-0.560.10.030.170.320.090.17-0.390.09-0.210.60.14
-0.28-0.360.540.18-0.260.070.28-0.290.05-0.35-0.15-0.06-0.20.50.190.1-0.62-0.250.0-0.360.09-0.76-0.61-0.250.19
-0.61-0.270.540.57-0.630.150.22-0.7-0.13-0.53-0.55-0.42-0.530.480.060.17-0.58-0.52-0.02-0.69-0.07-0.4-0.33-0.56-0.5
-0.25-0.260.180.57-0.24-0.43-0.06-0.640.03-0.20.080.34-0.650.730.34-0.480.2-0.14-0.630.070.57-0.29-0.23-0.63-0.65
1.00.64-0.26-0.63-0.24-0.390.170.660.560.670.830.630.58-0.210.52-0.10.390.41-0.050.480.150.1-0.050.620.56
-0.39-0.240.070.15-0.43-0.390.08-0.08-0.61-0.57-0.64-0.740.15-0.32-0.060.82-0.65-0.430.84-0.67-0.290.50.530.080.12
0.15-0.110.280.22-0.060.170.08-0.250.3-0.2-0.04-0.02-0.150.290.390.24-0.43-0.160.24-0.29-0.08-0.15-0.1-0.170.3
0.690.74-0.29-0.7-0.640.66-0.08-0.250.230.740.550.280.65-0.72-0.040.040.270.520.20.42-0.260.15-0.090.690.45
0.570.430.05-0.130.030.56-0.610.30.230.540.570.460.270.120.18-0.480.170.31-0.120.27-0.03-0.33-0.410.320.35
0.70.75-0.35-0.53-0.20.67-0.57-0.20.740.540.770.520.41-0.41-0.03-0.380.480.62-0.250.57-0.21-0.1-0.320.50.17
0.820.47-0.15-0.550.080.83-0.64-0.040.550.570.770.890.30.050.49-0.510.550.58-0.370.730.4-0.12-0.310.360.31
0.60.2-0.06-0.420.340.63-0.74-0.020.280.460.520.89-0.050.340.5-0.710.630.57-0.610.830.64-0.22-0.340.010.13
0.60.54-0.2-0.53-0.650.580.15-0.150.650.270.410.3-0.05-0.540.050.34-0.070.20.46-0.01-0.340.250.150.990.72
-0.26-0.560.50.480.73-0.21-0.320.29-0.720.12-0.410.050.34-0.540.48-0.36-0.09-0.04-0.48-0.040.63-0.45-0.32-0.56-0.11
0.490.10.190.060.340.52-0.060.39-0.040.18-0.030.490.50.050.480.08-0.050.09-0.020.010.610.04-0.070.040.27
-0.090.030.10.17-0.48-0.10.820.240.04-0.48-0.38-0.51-0.710.34-0.360.08-0.67-0.40.71-0.75-0.440.330.350.280.27
0.380.17-0.62-0.580.20.39-0.65-0.430.270.170.480.550.63-0.07-0.09-0.05-0.670.41-0.620.830.440.220.160.0-0.24
0.420.32-0.25-0.52-0.140.41-0.43-0.160.520.310.620.580.570.2-0.040.09-0.40.41-0.30.540.07-0.06-0.220.250.31
-0.030.090.0-0.02-0.63-0.050.840.240.2-0.12-0.25-0.37-0.610.46-0.48-0.020.71-0.62-0.3-0.57-0.440.480.440.40.38
0.460.17-0.36-0.690.070.48-0.67-0.290.420.270.570.730.83-0.01-0.040.01-0.750.830.54-0.570.43-0.02-0.090.050.01
0.1-0.390.09-0.070.570.15-0.29-0.08-0.26-0.03-0.210.40.64-0.340.630.61-0.440.440.07-0.440.430.030.04-0.34-0.08
0.10.09-0.76-0.4-0.290.10.5-0.150.15-0.33-0.1-0.12-0.220.25-0.450.040.330.22-0.060.48-0.020.030.90.24-0.04
-0.07-0.21-0.61-0.33-0.23-0.050.53-0.1-0.09-0.41-0.32-0.31-0.340.15-0.32-0.070.350.16-0.220.44-0.090.040.90.12-0.04
0.640.6-0.25-0.56-0.630.620.08-0.170.690.320.50.360.010.99-0.560.040.280.00.250.40.05-0.340.240.120.7
0.530.140.19-0.5-0.650.560.120.30.450.350.170.310.130.72-0.110.270.27-0.240.310.380.01-0.08-0.04-0.040.7
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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 Assets13.3B10.4B6.6B19.0B250.3M237.8M
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 Total6.8B8.4B11.6B3.9B22.6B23.7B
Non Currrent Assets Other(6.8B)(8.4B)(11.6B)(6.3B)18.2B19.1B
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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