Aristocrat Retained Earnings vs Total Assets Analysis

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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 Retained Earnings and its Total Assets 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.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

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

The correlation between Aristocrat Leisure's Retained Earnings and Total Assets is 0.97. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets 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 Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Aristocrat Leisure are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Aristocrat Leisure's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of Aristocrat Leisure 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 Aristocrat Leisure 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.

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 Profit	3.0B	3.4B	4.0B	4.2B
Total Revenue	5.6B	6.3B	7.2B	7.6B

Gross Profit Total Revenue

Aristocrat Leisure fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.87	0.89	0.99	0.97	0.99	0.95	-0.2	0.97	0.92	0.95	0.99	-0.89	0.95	0.93	0.97	0.72	0.61	0.87	0.96	0.77	0.92	0.94	0.98	0.78	0.89
Short Long Term Debt Total	0.87		0.93	0.87	0.72	0.86	0.82	0.29	0.74	0.73	0.72	0.92	-0.73	0.71	0.76	0.94	0.76	0.66	1.0	0.72	0.59	0.99	0.68	0.75	0.59	0.69
Other Current Liab	0.89	0.93		0.93	0.78	0.89	0.92	0.16	0.78	0.86	0.74	0.93	-0.66	0.74	0.87	0.96	0.8	0.69	0.91	0.81	0.51	0.96	0.74	0.8	0.75	0.77
Total Current Liabilities	0.99	0.87	0.93		0.95	0.99	0.97	-0.17	0.95	0.95	0.93	0.98	-0.84	0.93	0.95	0.97	0.76	0.63	0.86	0.96	0.72	0.92	0.93	0.96	0.82	0.89
Total Stockholder Equity	0.97	0.72	0.78	0.95		0.96	0.92	-0.44	0.99	0.92	0.99	0.93	-0.9	0.99	0.92	0.88	0.62	0.53	0.72	0.98	0.8	0.79	0.99	1.0	0.79	0.9
Property Plant And Equipment Net	0.99	0.86	0.89	0.99	0.96		0.96	-0.19	0.96	0.94	0.94	0.99	-0.87	0.94	0.95	0.96	0.73	0.62	0.86	0.96	0.78	0.92	0.93	0.97	0.78	0.87
Current Deferred Revenue	0.95	0.82	0.92	0.97	0.92	0.96		-0.16	0.91	0.96	0.87	0.95	-0.76	0.87	0.96	0.95	0.69	0.61	0.81	0.95	0.68	0.88	0.89	0.92	0.87	0.86
Net Debt	-0.2	0.29	0.16	-0.17	-0.44	-0.19	-0.16		-0.42	-0.25	-0.46	-0.08	0.36	-0.46	-0.22	0.03	0.16	0.15	0.28	-0.38	-0.32	0.19	-0.49	-0.4	-0.25	-0.33
Retained Earnings	0.97	0.74	0.78	0.95	0.99	0.96	0.91	-0.42		0.9	0.99	0.93	-0.92	0.99	0.91	0.88	0.59	0.5	0.74	0.97	0.78	0.81	0.98	0.99	0.75	0.85
Accounts Payable	0.92	0.73	0.86	0.95	0.92	0.94	0.96	-0.25	0.9		0.85	0.9	-0.69	0.86	0.97	0.89	0.69	0.58	0.72	0.97	0.67	0.81	0.89	0.9	0.84	0.85
Cash	0.95	0.72	0.74	0.93	0.99	0.94	0.87	-0.46	0.99	0.85		0.91	-0.95	1.0	0.86	0.85	0.59	0.5	0.72	0.94	0.78	0.78	0.99	0.99	0.72	0.88
Non Current Assets Total	0.99	0.92	0.93	0.98	0.93	0.99	0.95	-0.08	0.93	0.9	0.91		-0.86	0.91	0.91	0.99	0.75	0.64	0.92	0.93	0.76	0.96	0.9	0.94	0.76	0.86
Non Currrent Assets Other	-0.89	-0.73	-0.66	-0.84	-0.9	-0.87	-0.76	0.36	-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
Cash And Short Term Investments	0.95	0.71	0.74	0.93	0.99	0.94	0.87	-0.46	0.99	0.86	1.0	0.91	-0.94		0.86	0.85	0.59	0.5	0.72	0.94	0.78	0.78	0.99	0.99	0.72	0.88
Net Receivables	0.93	0.76	0.87	0.95	0.92	0.95	0.96	-0.22	0.91	0.97	0.86	0.91	-0.71	0.86		0.9	0.73	0.64	0.74	0.96	0.68	0.83	0.88	0.91	0.81	0.86
Good Will	0.97	0.94	0.96	0.97	0.88	0.96	0.95	0.03	0.88	0.89	0.85	0.99	-0.8	0.85	0.9		0.75	0.63	0.94	0.89	0.69	0.98	0.85	0.9	0.78	0.83
Common Stock Total Equity	0.72	0.76	0.8	0.76	0.62	0.73	0.69	0.16	0.59	0.69	0.59	0.75	-0.5	0.59	0.73	0.75		0.83	0.75	0.66	0.51	0.78	0.57	0.65	0.58	0.78
Common Stock Shares Outstanding	0.61	0.66	0.69	0.63	0.53	0.62	0.61	0.15	0.5	0.58	0.5	0.64	-0.45	0.5	0.64	0.63	0.83		0.65	0.55	0.42	0.67	0.49	0.55	0.39	0.67
Non Current Liabilities Total	0.87	1.0	0.91	0.86	0.72	0.86	0.81	0.28	0.74	0.72	0.72	0.92	-0.74	0.72	0.74	0.94	0.75	0.65		0.71	0.6	0.99	0.68	0.75	0.56	0.68
Inventory	0.96	0.72	0.81	0.96	0.98	0.96	0.95	-0.38	0.97	0.97	0.94	0.93	-0.81	0.94	0.96	0.89	0.66	0.55	0.71		0.79	0.8	0.95	0.97	0.83	0.9
Other Stockholder Equity	0.77	0.59	0.51	0.72	0.8	0.78	0.68	-0.32	0.78	0.67	0.78	0.76	-0.78	0.78	0.68	0.69	0.51	0.42	0.6	0.79		0.63	0.73	0.78	0.57	0.76
Total Liab	0.92	0.99	0.96	0.92	0.79	0.92	0.88	0.19	0.81	0.81	0.78	0.96	-0.77	0.78	0.83	0.98	0.78	0.67	0.99	0.8	0.63		0.76	0.82	0.66	0.75
Property Plant And Equipment Gross	0.94	0.68	0.74	0.93	0.99	0.93	0.89	-0.49	0.98	0.89	0.99	0.9	-0.89	0.99	0.88	0.85	0.57	0.49	0.68	0.95	0.73	0.76		0.99	0.76	0.87
Total Current Assets	0.98	0.75	0.8	0.96	1.0	0.97	0.92	-0.4	0.99	0.9	0.99	0.94	-0.92	0.99	0.91	0.9	0.65	0.55	0.75	0.97	0.78	0.82	0.99		0.76	0.9
Short Term Debt	0.78	0.59	0.75	0.82	0.79	0.78	0.87	-0.25	0.75	0.84	0.72	0.76	-0.58	0.72	0.81	0.78	0.58	0.39	0.56	0.83	0.57	0.66	0.76	0.76		0.78
Common Stock	0.89	0.69	0.77	0.89	0.9	0.87	0.86	-0.33	0.85	0.85	0.88	0.86	-0.76	0.88	0.86	0.83	0.78	0.67	0.68	0.9	0.76	0.75	0.87	0.9	0.78

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Aristocrat Leisure Account Relationship Matchups

Aristocrat Leisure fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.9B	8.7B	10.1B	10.9B	12.6B	13.2B
Short Long Term Debt Total	3.5B	3.5B	2.8B	2.7B	3.1B	3.2B
Other Current Liab	581.3M	737.9M	717.2M	730.6M	840.2M	882.2M
Total Current Liabilities	1.0B	1.2B	1.3B	1.5B	1.8B	1.8B
Total Stockholder Equity	3.2B	3.9B	6.0B	6.7B	7.7B	8.1B
Property Plant And Equipment Net	531.5M	484.6M	549.9M	682.8M	785.2M	824.5M
Current Deferred Revenue	99.5M	112.2M	159.5M	182.2M	209.5M	220.0M
Net Debt	1.8B	1.1B	(236.2M)	(469.1M)	(539.5M)	(512.5M)
Retained Earnings	2.6B	3.2B	3.8B	4.9B	5.6B	5.9B
Accounts Payable	121.2M	150.7M	196.7M	304.6M	350.3M	367.8M
Cash	1.7B	2.4B	3.0B	3.2B	3.6B	3.8B
Non Current Assets Total	5.3B	5.4B	5.9B	6.4B	7.3B	7.7B
Non Currrent Assets Other	(2.8B)	(2.8B)	(3.2B)	(3.3B)	(2.9B)	(2.8B)
Cash And Short Term Investments	1.7B	2.4B	3.0B	3.2B	3.7B	3.8B
Net Receivables	529.9M	574.7M	702.4M	994.8M	1.1B	1.2B
Good Will	2.8B	2.8B	3.2B	3.3B	3.8B	4.0B
Common Stock Shares Outstanding	640.5M	640.5M	666.4M	656.8M	755.3M	582.0M
Liabilities And Stockholders Equity	7.9B	8.7B	10.1B	10.9B	12.6B	13.2B
Non Current Liabilities Total	3.7B	3.6B	2.8B	2.7B	3.1B	3.2B
Inventory	160.2M	159.2M	249.7M	309M	355.4M	373.1M
Other Stockholder Equity	1.0	657.3M	(58.5M)	554.9M	638.1M	670.0M
Total Liab	4.7B	4.8B	4.1B	4.2B	4.8B	5.1B
Property Plant And Equipment Gross	531.5M	1.4B	1.7B	1.9B	2.1B	2.2B
Total Current Assets	2.5B	3.3B	4.2B	4.5B	5.2B	5.5B
Accumulated Other Comprehensive Income	(121.6M)	(58.5M)	547.8M	579.4M	666.3M	699.6M
Short Term Debt	50.3M	57.1M	155.9M	163.6M	188.1M	197.5M
Intangible Assets	3.6B	3.5B	3.9B	725.1M	833.9M	698.3M
Other Liab	310.9M	120.8M	125.9M	151.9M	174.7M	93.3M
Other Assets	204.5M	1.3B	1.3B	1.0	1.15	1.09
Long Term Debt	3.2B	3.2B	2.4B	2.2B	2.6B	2.7B
Other Current Assets	143.5M	126.2M	183.8M	56.7M	65.2M	51.6M
Property Plant Equipment	431.2M	531.5M	484.6M	549.9M	632.4M	664.0M
Short Term Investments	6.7M	7M	8.3M	8.6M	9.9M	7.1M
Deferred Long Term Liab	46.7M	48.1M	44M	43.5M	50.0M	30.0M
Long Term Investments	7.9M	11.2M	27.3M	31.5M	36.2M	38.0M
Net Tangible Assets	(1.8B)	(388.6M)	351.2M	2.2B	2.5B	2.6B
Long Term Debt Total	2.8B	3.5B	3.5B	2.6B	3.0B	2.7B

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