AstroNova Non Current Liabilities Total vs Property Plant And Equipment Net Analysis

ALOT Stock  USD 15.00  0.46  3.16%   
AstroNova financial indicator trend analysis is way more than just evaluating AstroNova prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AstroNova is a good investment. Please check the relationship between AstroNova Non Current Liabilities Total and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AstroNova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.

Non Current Liabilities Total vs Property Plant And Equipment Net

Non Current Liabilities Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AstroNova Non Current Liabilities Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AstroNova's Non Current Liabilities Total and Property Plant And Equipment Net is 0.49. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of AstroNova, assuming nothing else is changed. The correlation between historical values of AstroNova's Non Current Liabilities Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of AstroNova are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Liabilities Total i.e., AstroNova's Non Current Liabilities Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from AstroNova's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AstroNova 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 AstroNova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.Enterprise Value is likely to gain to about 80.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit43.7M48.2M53.7M28.9M
Total Revenue117.5M142.5M148.1M155.5M

AstroNova fundamental ratios Correlations

0.630.680.940.720.760.670.82-0.190.90.73-0.420.810.280.70.93-0.170.360.880.650.660.68-0.180.710.810.76
0.630.630.630.430.50.590.58-0.340.640.41-0.450.670.160.450.640.040.040.580.490.330.33-0.380.550.590.51
0.680.630.660.590.770.670.73-0.440.810.58-0.610.86-0.170.730.64-0.390.140.750.220.420.23-0.030.70.560.77
0.940.630.660.570.750.80.71-0.290.910.78-0.560.730.090.730.95-0.30.170.930.740.540.82-0.210.70.830.8
0.720.430.590.570.750.220.960.050.510.40.020.810.480.290.590.040.830.460.30.940.38-0.110.540.470.43
0.760.50.770.750.750.620.81-0.320.750.72-0.490.740.110.490.8-0.50.470.660.570.590.50.120.60.760.61
0.670.590.670.80.220.620.43-0.770.860.77-0.90.56-0.250.740.81-0.49-0.240.830.640.090.55-0.160.620.760.77
0.820.580.730.710.960.810.43-0.110.690.56-0.220.90.320.470.72-0.060.640.640.390.860.45-0.240.690.620.61
-0.19-0.34-0.44-0.290.05-0.32-0.77-0.11-0.43-0.490.83-0.220.25-0.31-0.40.440.34-0.32-0.330.24-0.060.05-0.28-0.41-0.34
0.90.640.810.910.510.750.860.69-0.430.8-0.720.77-0.120.870.89-0.380.010.960.560.370.57-0.20.770.850.89
0.730.410.580.780.40.720.770.56-0.490.8-0.760.44-0.020.490.88-0.660.030.680.710.220.58-0.220.50.930.57
-0.42-0.45-0.61-0.560.02-0.49-0.9-0.220.83-0.72-0.76-0.330.47-0.6-0.620.640.47-0.63-0.480.23-0.280.16-0.49-0.7-0.61
0.810.670.860.730.810.740.560.9-0.220.770.44-0.330.110.690.68-0.030.410.770.310.730.39-0.120.780.520.77
0.280.16-0.170.090.480.11-0.250.320.25-0.12-0.020.470.11-0.40.210.370.72-0.170.280.550.140.03-0.160.08-0.34
0.70.450.730.730.290.490.740.47-0.310.870.49-0.60.69-0.40.6-0.21-0.210.930.230.240.4-0.130.790.50.97
0.930.640.640.950.590.80.810.72-0.40.890.88-0.620.680.210.6-0.390.220.830.830.490.73-0.160.650.930.69
-0.170.04-0.39-0.30.04-0.5-0.49-0.060.44-0.38-0.660.64-0.030.37-0.21-0.390.18-0.27-0.360.21-0.28-0.240.03-0.5-0.22
0.360.040.140.170.830.47-0.240.640.340.010.030.470.410.72-0.210.220.18-0.020.110.840.190.170.080.1-0.08
0.880.580.750.930.460.660.830.64-0.320.960.68-0.630.77-0.170.930.83-0.27-0.020.520.420.66-0.190.80.720.95
0.650.490.220.740.30.570.640.39-0.330.560.71-0.480.310.280.230.83-0.360.110.520.270.73-0.090.340.80.34
0.660.330.420.540.940.590.090.860.240.370.220.230.730.550.240.490.210.840.420.270.47-0.080.480.280.37
0.680.330.230.820.380.50.550.45-0.060.570.58-0.280.390.140.40.73-0.280.190.660.730.47-0.260.290.610.46
-0.18-0.38-0.03-0.21-0.110.12-0.16-0.240.05-0.2-0.220.16-0.120.03-0.13-0.16-0.240.17-0.19-0.09-0.08-0.26-0.17-0.26-0.17
0.710.550.70.70.540.60.620.69-0.280.770.5-0.490.78-0.160.790.650.030.080.80.340.480.29-0.170.550.87
0.810.590.560.830.470.760.760.62-0.410.850.93-0.70.520.080.50.93-0.50.10.720.80.280.61-0.260.550.59
0.760.510.770.80.430.610.770.61-0.340.890.57-0.610.77-0.340.970.69-0.22-0.080.950.340.370.46-0.170.870.59
Click cells to compare fundamentals

AstroNova Account Relationship Matchups

AstroNova fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets116.7M115.5M115.0M138.5M133.3M139.9M
Short Long Term Debt Total20.7M17.9M10.0M30.1M22.4M23.6M
Other Current Liab10.2M8.6M9.5M10.0M8.0M4.2M
Total Current Liabilities26.8M21.0M20.0M37.4M29.8M31.2M
Total Stockholder Equity71.4M74.7M81.0M84.4M90.3M49.4M
Property Plant And Equipment Net12.9M13.4M12.5M15.1M14.8M10.0M
Net Debt16.5M6.5M4.7M26.2M17.9M18.8M
Retained Earnings49.3M50.1M56.5M59.2M63.9M33.7M
Cash4.2M11.4M5.3M3.9M4.5M6.9M
Non Current Assets Total56.5M54.8M51.2M58.7M56.7M59.5M
Non Currrent Assets Other1.1M1.1M1.7M1.6M1.5M1.6M
Cash And Short Term Investments4.2M11.4M5.3M3.9M4.5M4.3M
Net Receivables19.8M17.4M17.1M21.6M23.1M12.1M
Common Stock Shares Outstanding7.2M7.2M7.3M7.4M7.5M7.7M
Liabilities And Stockholders Equity116.7M115.5M115.0M138.5M133.3M139.9M
Non Current Liabilities Total18.5M19.8M13.9M16.7M13.2M13.9M
Inventory33.9M30.1M34.6M51.3M46.4M48.7M
Other Current Assets2.2M1.8M6.8M2.9M5.2M10.3M
Other Stockholder Equity22.7M24.5M25.7M26.9M28.1M17.8M
Total Liab45.3M40.8M33.9M54.1M43.0M45.1M
Property Plant And Equipment Gross12.9M13.4M11.4M56.2M57.6M60.5M
Total Current Assets60.2M60.7M63.8M79.8M76.6M44.9M
Accumulated Other Comprehensive Income(1.1M)(384K)(1.7M)(2.2M)(2.2M)(2.3M)
Short Term Debt11.7M5.7M1.3M18.3M12.0M12.6M
Intangible Assets25.4M21.5M19.2M20.7M18.8M19.6M
Accounts Payable4.4M5.7M8.6M8.5M8.1M4.2M
Other Assets6.2M7.0M7.3M8.5M9.7M10.2M
Long Term Debt7.7M11.5M8.2M12.0M10.1M5.9M
Good Will12.0M12.8M12.2M14.7M14.6M13.9M
Common Stock Total Equity517K521K528K534K614.1K455.3K
Short Term Investments1.5M7.5M4.2M11.4M13.2M9.9M
Treasury Stock(33.5M)(33.6M)(34.0M)(34.2M)(30.8M)(29.3M)
Common Stock517K521K528K534K541K460.9K
Property Plant Equipment11.3M13.4M11.4M14.3M16.4M10.6M
Current Deferred Revenue466K285K262K1.9M1.3M1.4M
Other Liab9.2M7.2M4.9M4.7M5.5M4.4M
Net Tangible Assets34.0M40.4M81.0M48.5M43.6M44.8M
Retained Earnings Total Equity49.3M50.1M56.5M59.2M68.1M45.9M
Capital Surpluse56.1M58.0M59.7M61.1M70.3M55.2M
Deferred Long Term Liab885K384K186K1.3M1.5M1.6M

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