American Cash vs Retained Earnings 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 Cash and its Retained Earnings 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.
Cash vs Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American National Cash account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between American National's Cash and Retained Earnings is -0.57. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings 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 Cash and Retained Earnings 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 American National Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., American National's Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.57 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of American National, which is listed under current asset account on American National Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from American National customers. The amounts must be unrestricted with restricted cash listed in a different American National 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.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.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.