Assurant Total Assets vs Net Debt 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 Total Assets and its Net Debt 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.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Assurant Total Assets account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Assurant's Total Assets and Net Debt is 0.1. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Total Assets and Net Debt 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 Assurant are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Assurant's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Assurant 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 Assurant 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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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