Angel Historical Balance Sheet
| AOMR Stock | USD 9.61 0.06 0.63% |
Trend analysis of Angel Oak Mortgage balance sheet accounts such as Net Tangible Assets of 245.3 M, Other Assets of 1 B or Net Receivables of 7.1 M provides information on Angel Oak's total assets, liabilities, and equity, which is the actual value of Angel Oak Mortgage to its prevalent stockholders. By breaking down trends over time using Angel Oak balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Angel Oak Mortgage latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Angel Oak Mortgage is a good buy for the upcoming year.
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About Angel Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Angel Oak Mortgage at a specified time, usually calculated after every quarter, six months, or one year. Angel Oak Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Angel Oak 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 Angel currently owns. An asset can also be divided into two categories, current and non-current.
Angel Oak Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on Angel Oak balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Angel Oak Mortgage are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Long Term Investments
Long Term Investments is an item on the asset side of Angel Oak balance sheet that represents investments Angel Oak Mortgage intends to hold for over a year. Angel Oak Mortgage long term investments may include different instruments such as stocks, bonds, real estate and cash.Most accounts from Angel Oak's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Angel Oak Mortgage current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Angel Oak Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Angel Oak's Total Current Assets are relatively stable compared to the past year. As of 11/26/2024, Total Stockholder Equity is likely to grow to about 292 M, while Net Tangible Assets are likely to drop slightly above 245.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Tangible Assets | 491.3M | 236.5M | 272.0M | 245.3M | Total Current Liabilities | 1.3M | 1.0B | 687.8M | 382.3M |
Angel Oak balance sheet Correlations
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Angel Oak Account Relationship Matchups
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Angel Oak balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 434K | 100K | 1.3M | 1.0B | 687.8M | 382.3M | |
| Net Tangible Assets | 94.8M | 248.2M | 491.3M | 236.5M | 272.0M | 245.3M | |
| Retained Earnings | 3.6M | 2.6M | 11.5M | (218.0M) | (216.2M) | (205.4M) | |
| Other Assets | 185.5M | 152.3M | 1.8B | 1.8B | 1.6B | 1.0B | |
| Net Receivables | 4.2M | 5.1M | 26.0M | 17.5M | 7.5M | 7.1M | |
| Other Current Assets | (13.4M) | 7.5M | (78.3M) | (57.4M) | (52.0M) | (49.4M) | |
| Total Current Assets | 11.6M | 48.6M | 66.8M | 46.8M | 49.1M | 60.7M |
Pair Trading with Angel Oak
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Angel Oak position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Angel Oak will appreciate offsetting losses from the drop in the long position's value.Moving against Angel Stock
| 0.81 | CG | Carlyle Group | PairCorr |
| 0.79 | LX | Lexinfintech Holdings | PairCorr |
| 0.78 | AC | Associated Capital | PairCorr |
| 0.78 | MA | Mastercard | PairCorr |
| 0.77 | AB | AllianceBernstein | PairCorr |
The ability to find closely correlated positions to Angel Oak could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Angel Oak when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Angel Oak - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Angel Oak Mortgage to buy it.
The correlation of Angel Oak is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Angel Oak moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Angel Oak Mortgage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Angel Oak can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Angel Stock Analysis
When running Angel Oak's price analysis, check to measure Angel Oak'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 Angel Oak is operating at the current time. Most of Angel Oak's value examination focuses on studying past and present price action to predict the probability of Angel Oak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angel Oak's price. Additionally, you may evaluate how the addition of Angel Oak to your portfolios can decrease your overall portfolio volatility.