Aristocrat Cash vs Non Currrent Assets Other Analysis

ALL Stock   67.75  0.30  0.44%   
Aristocrat Leisure financial indicator trend analysis is way more than just evaluating Aristocrat Leisure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aristocrat Leisure is a good investment. Please check the relationship between Aristocrat Leisure Cash and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aristocrat Leisure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Non Currrent Assets Other

Cash vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aristocrat Leisure Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Aristocrat Leisure's Cash and Non Currrent Assets Other is -0.95. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Aristocrat Leisure, assuming nothing else is changed. The correlation between historical values of Aristocrat Leisure's Cash and Non Currrent Assets Other 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 of Aristocrat Leisure are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Aristocrat Leisure's Cash and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.95
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Aristocrat Leisure, which is listed under current asset account on Aristocrat Leisure balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aristocrat Leisure customers. The amounts must be unrestricted with restricted cash listed in a different Aristocrat Leisure 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Aristocrat Leisure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aristocrat Leisure 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 Aristocrat Leisure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Aristocrat Leisure's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 35.9 M in 2024, whereas Tax Provision is likely to drop slightly above 204.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.4B4.0B4.2B
Total Revenue5.6B6.3B7.2B7.6B

Aristocrat Leisure fundamental ratios Correlations

0.870.890.990.970.990.95-0.20.970.920.950.99-0.890.950.930.970.720.610.870.960.770.920.940.980.780.89
0.870.930.870.720.860.820.290.740.730.720.92-0.730.710.760.940.760.661.00.720.590.990.680.750.590.69
0.890.930.930.780.890.920.160.780.860.740.93-0.660.740.870.960.80.690.910.810.510.960.740.80.750.77
0.990.870.930.950.990.97-0.170.950.950.930.98-0.840.930.950.970.760.630.860.960.720.920.930.960.820.89
0.970.720.780.950.960.92-0.440.990.920.990.93-0.90.990.920.880.620.530.720.980.80.790.991.00.790.9
0.990.860.890.990.960.96-0.190.960.940.940.99-0.870.940.950.960.730.620.860.960.780.920.930.970.780.87
0.950.820.920.970.920.96-0.160.910.960.870.95-0.760.870.960.950.690.610.810.950.680.880.890.920.870.86
-0.20.290.16-0.17-0.44-0.19-0.16-0.42-0.25-0.46-0.080.36-0.46-0.220.030.160.150.28-0.38-0.320.19-0.49-0.4-0.25-0.33
0.970.740.780.950.990.960.91-0.420.90.990.93-0.920.990.910.880.590.50.740.970.780.810.980.990.750.85
0.920.730.860.950.920.940.96-0.250.90.850.9-0.690.860.970.890.690.580.720.970.670.810.890.90.840.85
0.950.720.740.930.990.940.87-0.460.990.850.91-0.951.00.860.850.590.50.720.940.780.780.990.990.720.88
0.990.920.930.980.930.990.95-0.080.930.90.91-0.860.910.910.990.750.640.920.930.760.960.90.940.760.86
-0.89-0.73-0.66-0.84-0.9-0.87-0.760.36-0.92-0.69-0.95-0.86-0.94-0.71-0.8-0.5-0.45-0.74-0.81-0.78-0.77-0.89-0.92-0.58-0.76
0.950.710.740.930.990.940.87-0.460.990.861.00.91-0.940.860.850.590.50.720.940.780.780.990.990.720.88
0.930.760.870.950.920.950.96-0.220.910.970.860.91-0.710.860.90.730.640.740.960.680.830.880.910.810.86
0.970.940.960.970.880.960.950.030.880.890.850.99-0.80.850.90.750.630.940.890.690.980.850.90.780.83
0.720.760.80.760.620.730.690.160.590.690.590.75-0.50.590.730.750.830.750.660.510.780.570.650.580.78
0.610.660.690.630.530.620.610.150.50.580.50.64-0.450.50.640.630.830.650.550.420.670.490.550.390.67
0.871.00.910.860.720.860.810.280.740.720.720.92-0.740.720.740.940.750.650.710.60.990.680.750.560.68
0.960.720.810.960.980.960.95-0.380.970.970.940.93-0.810.940.960.890.660.550.710.790.80.950.970.830.9
0.770.590.510.720.80.780.68-0.320.780.670.780.76-0.780.780.680.690.510.420.60.790.630.730.780.570.76
0.920.990.960.920.790.920.880.190.810.810.780.96-0.770.780.830.980.780.670.990.80.630.760.820.660.75
0.940.680.740.930.990.930.89-0.490.980.890.990.9-0.890.990.880.850.570.490.680.950.730.760.990.760.87
0.980.750.80.961.00.970.92-0.40.990.90.990.94-0.920.990.910.90.650.550.750.970.780.820.990.760.9
0.780.590.750.820.790.780.87-0.250.750.840.720.76-0.580.720.810.780.580.390.560.830.570.660.760.760.78
0.890.690.770.890.90.870.86-0.330.850.850.880.86-0.760.880.860.830.780.670.680.90.760.750.870.90.78
Click cells to compare fundamentals

Aristocrat Leisure Account Relationship Matchups

Aristocrat Leisure fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9B8.7B10.1B10.9B12.6B13.2B
Short Long Term Debt Total3.5B3.5B2.8B2.7B3.1B3.2B
Other Current Liab581.3M737.9M717.2M730.6M840.2M882.2M
Total Current Liabilities1.0B1.2B1.3B1.5B1.8B1.8B
Total Stockholder Equity3.2B3.9B6.0B6.7B7.7B8.1B
Property Plant And Equipment Net531.5M484.6M549.9M682.8M785.2M824.5M
Current Deferred Revenue99.5M112.2M159.5M182.2M209.5M220.0M
Net Debt1.8B1.1B(236.2M)(469.1M)(539.5M)(512.5M)
Retained Earnings2.6B3.2B3.8B4.9B5.6B5.9B
Accounts Payable121.2M150.7M196.7M304.6M350.3M367.8M
Cash1.7B2.4B3.0B3.2B3.6B3.8B
Non Current Assets Total5.3B5.4B5.9B6.4B7.3B7.7B
Non Currrent Assets Other(2.8B)(2.8B)(3.2B)(3.3B)(2.9B)(2.8B)
Cash And Short Term Investments1.7B2.4B3.0B3.2B3.7B3.8B
Net Receivables529.9M574.7M702.4M994.8M1.1B1.2B
Good Will2.8B2.8B3.2B3.3B3.8B4.0B
Common Stock Shares Outstanding640.5M640.5M666.4M656.8M755.3M582.0M
Liabilities And Stockholders Equity7.9B8.7B10.1B10.9B12.6B13.2B
Non Current Liabilities Total3.7B3.6B2.8B2.7B3.1B3.2B
Inventory160.2M159.2M249.7M309M355.4M373.1M
Other Stockholder Equity1.0657.3M(58.5M)554.9M638.1M670.0M
Total Liab4.7B4.8B4.1B4.2B4.8B5.1B
Property Plant And Equipment Gross531.5M1.4B1.7B1.9B2.1B2.2B
Total Current Assets2.5B3.3B4.2B4.5B5.2B5.5B
Accumulated Other Comprehensive Income(121.6M)(58.5M)547.8M579.4M666.3M699.6M
Short Term Debt50.3M57.1M155.9M163.6M188.1M197.5M
Intangible Assets3.6B3.5B3.9B725.1M833.9M698.3M
Other Liab310.9M120.8M125.9M151.9M174.7M93.3M
Other Assets204.5M1.3B1.3B1.01.151.09
Long Term Debt3.2B3.2B2.4B2.2B2.6B2.7B
Other Current Assets143.5M126.2M183.8M56.7M65.2M51.6M
Property Plant Equipment431.2M531.5M484.6M549.9M632.4M664.0M
Short Term Investments6.7M7M8.3M8.6M9.9M7.1M
Deferred Long Term Liab46.7M48.1M44M43.5M50.0M30.0M
Long Term Investments7.9M11.2M27.3M31.5M36.2M38.0M
Net Tangible Assets(1.8B)(388.6M)351.2M2.2B2.5B2.6B
Long Term Debt Total2.8B3.5B3.5B2.6B3.0B2.7B

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Additional Tools for Aristocrat Stock Analysis

When running Aristocrat Leisure's price analysis, check to measure Aristocrat Leisure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aristocrat Leisure is operating at the current time. Most of Aristocrat Leisure's value examination focuses on studying past and present price action to predict the probability of Aristocrat Leisure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aristocrat Leisure's price. Additionally, you may evaluate how the addition of Aristocrat Leisure to your portfolios can decrease your overall portfolio volatility.