Artisan Asset Turnover vs Total Current Liabilities Analysis

APAM Stock  USD 47.70  0.24  0.51%   
Artisan Partners financial indicator trend analysis is way more than just evaluating Artisan Partners Asset prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artisan Partners Asset is a good investment. Please check the relationship between Artisan Partners Asset Turnover and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artisan Partners Asset. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Asset Turnover vs Total Current Liabilities

Asset Turnover vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artisan Partners Asset Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Artisan Partners' Asset Turnover and Total Current Liabilities is -0.68. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Artisan Partners Asset, assuming nothing else is changed. The correlation between historical values of Artisan Partners' Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Artisan Partners Asset are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., Artisan Partners' Asset Turnover and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Current Liabilities

Total Current Liabilities is an item on Artisan Partners balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Artisan Partners Asset 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.
Most indicators from Artisan Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artisan Partners Asset 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 Artisan Partners Asset. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Artisan Partners' Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Tax Provision is likely to grow to about 79.5 M, while Sales General And Administrative To Revenue is likely to drop 0.04.
 2021 2022 2023 2024 (projected)
Income Tax Expense107.1M63.4M71.9M71.6M
Net Income336.5M206.8M222.3M148.7M

Artisan Partners fundamental ratios Correlations

0.290.170.620.770.710.24-0.240.790.291.00.160.290.90.310.49-0.47-0.340.940.060.650.69-0.720.720.880.71
0.290.720.640.32-0.06-0.19-0.370.020.150.30.020.150.080.020.0-0.46-0.270.30.11-0.060.110.150.70.380.56
0.170.720.460.09-0.4-0.57-0.560.040.240.18-0.250.23-0.04-0.22-0.09-0.39-0.340.1-0.12-0.40.090.080.620.280.53
0.620.640.460.790.250.06-0.240.460.070.640.070.070.310.310.2-0.81-0.120.60.030.220.2-0.130.780.670.75
0.770.320.090.790.60.3-0.260.70.290.770.250.290.640.340.33-0.8-0.230.81-0.210.560.53-0.450.550.890.62
0.71-0.06-0.40.250.60.680.180.520.120.70.530.110.780.450.34-0.1-0.290.630.310.980.54-0.770.30.590.31
0.24-0.19-0.570.060.30.680.040.340.180.220.860.180.240.22-0.29-0.10.310.260.080.740.31-0.360.090.230.09
-0.24-0.37-0.56-0.24-0.260.180.04-0.49-0.78-0.19-0.16-0.78-0.080.560.230.59-0.13-0.290.640.18-0.530.13-0.48-0.52-0.43
0.790.020.040.460.70.520.34-0.490.580.760.220.580.69-0.070.29-0.6-0.010.77-0.370.490.77-0.590.490.820.56
0.290.150.240.070.290.120.18-0.780.580.210.421.00.32-0.46-0.19-0.37-0.120.31-0.50.120.84-0.210.290.490.19
1.00.30.180.640.770.70.22-0.190.760.210.110.20.880.350.52-0.47-0.330.940.10.630.62-0.710.730.860.73
0.160.02-0.250.070.250.530.86-0.160.220.420.110.420.20.12-0.56-0.140.050.170.010.620.45-0.260.180.230.08
0.290.150.230.070.290.110.18-0.780.581.00.20.420.31-0.46-0.2-0.38-0.120.31-0.50.120.84-0.20.280.490.18
0.90.08-0.040.310.640.780.24-0.080.690.320.880.20.310.260.52-0.18-0.50.850.140.720.77-0.750.470.740.44
0.310.02-0.220.310.340.450.220.56-0.07-0.460.350.12-0.460.260.26-0.03-0.210.30.390.42-0.14-0.210.070.140.11
0.490.0-0.090.20.330.34-0.290.230.29-0.190.52-0.56-0.20.520.26-0.03-0.230.470.190.190.12-0.320.090.330.08
-0.47-0.46-0.39-0.81-0.8-0.1-0.10.59-0.6-0.37-0.47-0.14-0.38-0.18-0.03-0.03-0.1-0.550.55-0.09-0.320.1-0.54-0.74-0.61
-0.34-0.27-0.34-0.12-0.23-0.290.31-0.13-0.01-0.12-0.330.05-0.12-0.5-0.21-0.23-0.1-0.19-0.3-0.29-0.340.35-0.21-0.28-0.21
0.940.30.10.60.810.630.26-0.290.770.310.940.170.310.850.30.47-0.55-0.19-0.10.560.68-0.580.630.870.59
0.060.11-0.120.03-0.210.310.080.64-0.37-0.50.10.01-0.50.140.390.190.55-0.3-0.10.29-0.23-0.070.18-0.280.02
0.65-0.06-0.40.220.560.980.740.180.490.120.630.620.120.720.420.19-0.09-0.290.560.290.51-0.760.280.550.32
0.690.110.090.20.530.540.31-0.530.770.840.620.450.840.77-0.140.12-0.32-0.340.68-0.230.51-0.550.430.710.34
-0.720.150.08-0.13-0.45-0.77-0.360.13-0.59-0.21-0.71-0.26-0.2-0.75-0.21-0.320.10.35-0.58-0.07-0.76-0.55-0.37-0.67-0.48
0.720.70.620.780.550.30.09-0.480.490.290.730.180.280.470.070.09-0.54-0.210.630.180.280.43-0.370.690.88
0.880.380.280.670.890.590.23-0.520.820.490.860.230.490.740.140.33-0.74-0.280.87-0.280.550.71-0.670.690.75
0.710.560.530.750.620.310.09-0.430.560.190.730.080.180.440.110.08-0.61-0.210.590.020.320.34-0.480.880.75
Click cells to compare fundamentals

Artisan Partners Account Relationship Matchups

Artisan Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets933.6M1.2B1.2B1.3B1.4B868.0M
Short Long Term Debt Total590.9M628.5M731.2M319.9M312.7M570.9M
Other Current Liab375.3M412.5M425.4M(11K)(19.0M)(18.0M)
Total Stockholder Equity138.5M191M296M279.4M324.2M340.4M
Property Plant And Equipment Net87.2M79.3M88.6M101.4M141.4M148.5M
Net Debt165.7M137M110.5M205.1M134.2M95.3M
Accounts Payable36.1M37.6M36.6M50.8M63.6M37.4M
Cash134.6M155M189.2M114.8M178.5M171.0M
Non Current Assets Total717.1M897.1M902.9M1.1B1.1B616.0M
Non Currrent Assets Other52.7M54.2M56.2M(408.8M)591.3M620.9M
Cash And Short Term Investments134.6M155M189.2M114.8M178.5M171.2M
Net Receivables81.9M99.9M115.9M103.6M114.5M79.1M
Common Stock Shares Outstanding51.1M55.6M59.9M62.5M63.5M54.6M
Short Term Investments23.9B3.7B47.9B85.4B150.5M143.0M
Liabilities And Stockholders Equity933.6M1.2B1.2B1.3B1.4B977.6M
Non Current Liabilities Total383.7M510.9M450M446M374.5M340.5M
Other Current Assets(227.8M)(302.9M)(323.0M)29.4M14.8M15.5M
Other Stockholder Equity94.7M118.3M161.6M171.4M193.7M107.9M
Total Liab795.1M961M912M899M802.1M900.4M
Property Plant And Equipment Gross126.7M115.2M88.6M101.4M193.3M202.9M
Accumulated Other Comprehensive Income(1.4M)(991K)(1.3M)(3.1M)(2.5M)(2.6M)
Other Liab354.5M537.6M464.7M386.3M444.3M450.5M
Retained Earnings44.5M72.9M134.9M93.1M132.1M138.7M
Other Assets439.0M861.2M233.2M481.4M435.2M460.9M
Long Term Debt574.4M611.8M199.4M199.1M199.3M343.2M
Inventory227.8M302.9M323.0M(15.7M)1.00.95
Property Plant Equipment39.5M35.9M88.6M149.5M171.9M180.5M
Net Tangible Assets176.1M274.2M296M262.2M301.6M196.1M
Noncontrolling Interest In Consolidated Entity5.4M5.5M10.6M19.8M22.7M23.9M
Common Stock Total Equity769K778K786K790K908.5K829.6K
Retained Earnings Total Equity38.6M44.5M72.9M134.9M155.1M162.9M
Long Term Debt Total568.7M574.4M611.8M624.9M718.6M609.8M
Capital Surpluse97.6M89.1M107.7M141.8M163.1M112.4M

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When determining whether Artisan Partners Asset is a strong investment it is important to analyze Artisan Partners' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Artisan Partners' future performance. For an informed investment choice regarding Artisan Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artisan Partners Asset. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Artisan Partners. If investors know Artisan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Artisan Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.35
Dividend Share
2.82
Earnings Share
3.6
Revenue Per Share
16.495
Quarterly Revenue Growth
0.124
The market value of Artisan Partners Asset is measured differently than its book value, which is the value of Artisan that is recorded on the company's balance sheet. Investors also form their own opinion of Artisan Partners' value that differs from its market value or its book value, called intrinsic value, which is Artisan Partners' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Artisan Partners' market value can be influenced by many factors that don't directly affect Artisan Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Artisan Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artisan Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artisan Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.