American Capital Expenditures vs Net Income Analysis
| ANG-PA Stock | 25.39 0.24 0.95% |
American National financial indicator trend analysis is way more than just evaluating American National prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American National is a good investment. Please check the relationship between American National Capital Expenditures and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American National Group. 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.
Capital Expenditures vs Net Income
Capital Expenditures vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American National Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between American National's Capital Expenditures and Net Income is 0.1. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of American National Group, assuming nothing else is changed. The correlation between historical values of American National's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of American National Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., American National's Capital Expenditures and Net Income go up and down completely randomly.
Correlation Coefficient | 0.1 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by American National to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of American National operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in American National financial statement analysis. It represents the amount of money remaining after all of American National Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from American National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American National 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 American National Group. 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. As of December 2, 2024, Tax Provision is expected to decline to about 80.9 M. In addition to that, Selling General Administrative is expected to decline to about 166.2 M
| 2023 | 2024 (projected) | Tax Provision | 85.1M | 80.9M | Interest Income | 1.2B | 1.0B |
American National fundamental ratios Correlations
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American National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of American National at a specified time, usually calculated after every quarter, six months, or one year. American National Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of American National and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which American currently owns. An asset can also be divided into two categories, current and non-current.