Automotive Total Current Assets vs Retained Earnings Analysis

ASAL Stock

661.70 22.30 3.26%

Automotive Stampings financial indicator trend analysis is way more than just evaluating Automotive Stampings and prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Automotive Stampings and is a good investment. Please check the relationship between Automotive Stampings Total Current Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Automotive Stampings and. 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.

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Automotive Stampings and Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Automotive Stampings' Total Current Assets and Retained Earnings is -0.46. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Automotive Stampings and, assuming nothing else is changed. The correlation between historical values of Automotive Stampings' Total Current Assets 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 Total Current Assets of Automotive Stampings and 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 Total Current Assets i.e., Automotive Stampings' Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 Automotive Stampings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Automotive Stampings and 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 Automotive Stampings and. 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.

Selling General Administrative is likely to gain to about 47.3 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	139.0M	127.0M	152.2M	106.7M
Depreciation And Amortization	108.4M	138.2M	163.2M	97.8M

Interest Expense Depreciation And Amortization

Automotive Stampings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Non Currrent Assets Other	Intangible Assets	Current Deferred Revenue	Retained Earnings	Other Liab
Total Assets		0.36	0.01	0.63	-0.22	0.26	0.35	0.25	0.42	0.3	0.77	0.74	0.33	0.76	0.61	0.19	0.67	0.86	0.17	0.68	0.74	-0.05	-0.41	0.04	-0.27	-0.12
Short Long Term Debt Total	0.36		-0.65	0.86	-0.9	-0.05	1.0	-0.03	-0.16	0.0	0.46	0.47	0.28	0.32	0.53	0.34	0.87	0.49	0.85	0.36	0.46	-0.18	-0.64	0.61	-0.91	-0.06
Other Current Liab	0.01	-0.65		-0.45	0.61	-0.08	-0.65	-0.08	0.0	-0.14	0.05	-0.43	-0.18	0.15	-0.36	-0.56	-0.46	0.01	-0.51	-0.34	-0.22	0.2	0.52	-0.34	0.64	0.08
Total Current Liabilities	0.63	0.86	-0.45		-0.87	-0.14	0.85	0.25	-0.11	0.28	0.58	0.57	0.19	0.69	0.72	0.36	0.98	0.76	0.77	0.5	0.79	-0.01	-0.61	0.52	-0.88	-0.12
Total Stockholder Equity	-0.22	-0.9	0.61	-0.87		0.27	-0.9	-0.23	0.39	-0.2	-0.34	-0.34	-0.23	-0.39	-0.6	-0.32	-0.87	-0.47	-0.81	-0.25	-0.58	0.05	0.65	-0.54	0.99	0.14
Property Plant And Equipment Net	0.26	-0.05	-0.08	-0.14	0.27		-0.04	-0.29	0.54	-0.05	0.18	0.31	0.31	-0.27	0.0	0.36	-0.08	-0.02	-0.27	0.36	-0.13	-0.83	-0.18	0.09	0.22	-0.09
Net Debt	0.35	1.0	-0.65	0.85	-0.9	-0.04		-0.06	-0.16	-0.02	0.45	0.46	0.27	0.31	0.51	0.34	0.86	0.48	0.85	0.35	0.45	-0.19	-0.63	0.62	-0.9	-0.04
Cash	0.25	-0.03	-0.08	0.25	-0.23	-0.29	-0.06		-0.15	0.65	0.3	0.21	0.29	0.4	0.57	0.01	0.29	0.36	-0.16	0.13	0.61	0.25	-0.36	-0.28	-0.23	-0.51
Non Current Assets Total	0.42	-0.16	0.0	-0.11	0.39	0.54	-0.16	-0.15		-0.19	-0.02	0.61	-0.01	-0.14	-0.09	0.51	-0.1	-0.1	-0.14	0.72	-0.12	-0.01	-0.07	-0.26	0.29	-0.14
Cash And Short Term Investments	0.3	0.0	-0.14	0.28	-0.2	-0.05	-0.02	0.65	-0.19		0.39	0.11	0.14	0.36	0.72	0.17	0.3	0.43	-0.12	0.08	0.59	-0.03	-0.3	-0.19	-0.21	-0.3
Net Receivables	0.77	0.46	0.05	0.58	-0.34	0.18	0.45	0.3	-0.02	0.39		0.4	0.55	0.61	0.69	-0.11	0.65	0.86	0.14	0.25	0.64	-0.26	-0.52	0.16	-0.33	-0.29
Common Stock Shares Outstanding	0.74	0.47	-0.43	0.57	-0.34	0.31	0.46	0.21	0.61	0.11	0.4		0.48	0.34	0.57	0.5	0.63	0.46	0.28	0.95	0.56	-0.04	-0.64	-0.06	-0.42	-0.26
Non Current Liabilities Total	0.33	0.28	-0.18	0.19	-0.23	0.31	0.27	0.29	-0.01	0.14	0.55	0.48		0.09	0.52	-0.2	0.35	0.37	-0.17	0.3	0.36	-0.39	-0.64	-0.15	-0.23	-0.36
Inventory	0.76	0.32	0.15	0.69	-0.39	-0.27	0.31	0.4	-0.14	0.36	0.61	0.34	0.09		0.55	-0.13	0.68	0.91	0.27	0.26	0.86	0.25	-0.18	0.12	-0.38	0.09
Other Current Assets	0.61	0.53	-0.36	0.72	-0.6	0.0	0.51	0.57	-0.09	0.72	0.69	0.57	0.52	0.55		0.24	0.77	0.72	0.33	0.48	0.81	-0.11	-0.63	-0.01	-0.62	-0.31
Other Stockholder Equity	0.19	0.34	-0.56	0.36	-0.32	0.36	0.34	0.01	0.51	0.17	-0.11	0.5	-0.2	-0.13	0.24		0.32	-0.08	0.43	0.64	0.09	-0.19	-0.41	0.29	-0.41	-0.21
Total Liab	0.67	0.87	-0.46	0.98	-0.87	-0.08	0.86	0.29	-0.1	0.3	0.65	0.63	0.35	0.68	0.77	0.32		0.79	0.7	0.54	0.82	-0.08	-0.7	0.45	-0.88	-0.17
Total Current Assets	0.86	0.49	0.01	0.76	-0.47	-0.02	0.48	0.36	-0.1	0.43	0.86	0.46	0.37	0.91	0.72	-0.08	0.79		0.27	0.34	0.88	-0.05	-0.42	0.18	-0.46	-0.06
Short Term Debt	0.17	0.85	-0.51	0.77	-0.81	-0.27	0.85	-0.16	-0.14	-0.12	0.14	0.28	-0.17	0.27	0.33	0.43	0.7	0.27		0.29	0.27	0.1	-0.3	0.55	-0.82	0.11
Common Stock	0.68	0.36	-0.34	0.5	-0.25	0.36	0.35	0.13	0.72	0.08	0.25	0.95	0.3	0.26	0.48	0.64	0.54	0.34	0.29		0.45	-0.04	-0.53	-0.03	-0.35	-0.22
Accounts Payable	0.74	0.46	-0.22	0.79	-0.58	-0.13	0.45	0.61	-0.12	0.59	0.64	0.56	0.36	0.86	0.81	0.09	0.82	0.88	0.27	0.45		0.07	-0.49	0.09	-0.59	-0.11
Non Currrent Assets Other	-0.05	-0.18	0.2	-0.01	0.05	-0.83	-0.19	0.25	-0.01	-0.03	-0.26	-0.04	-0.39	0.25	-0.11	-0.19	-0.08	-0.05	0.1	-0.04	0.07		0.28	-0.42	0.06	0.11
Intangible Assets	-0.41	-0.64	0.52	-0.61	0.65	-0.18	-0.63	-0.36	-0.07	-0.3	-0.52	-0.64	-0.64	-0.18	-0.63	-0.41	-0.7	-0.42	-0.3	-0.53	-0.49	0.28		-0.28	0.68	0.65
Current Deferred Revenue	0.04	0.61	-0.34	0.52	-0.54	0.09	0.62	-0.28	-0.26	-0.19	0.16	-0.06	-0.15	0.12	-0.01	0.29	0.45	0.18	0.55	-0.03	0.09	-0.42	-0.28		-0.52	0.02
Retained Earnings	-0.27	-0.91	0.64	-0.88	0.99	0.22	-0.9	-0.23	0.29	-0.21	-0.33	-0.42	-0.23	-0.38	-0.62	-0.41	-0.88	-0.46	-0.82	-0.35	-0.59	0.06	0.68	-0.52		0.16
Other Liab	-0.12	-0.06	0.08	-0.12	0.14	-0.09	-0.04	-0.51	-0.14	-0.3	-0.29	-0.26	-0.36	0.09	-0.31	-0.21	-0.17	-0.06	0.11	-0.22	-0.11	0.11	0.65	0.02	0.16

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Automotive Stampings Account Relationship Matchups

Automotive Stampings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	1.7B	1.8B	2.3B	2.8B	2.1B
Short Long Term Debt Total	1.5B	1.6B	819.4M	826.7M	1.0B	867.7M
Other Current Liab	409.0K	420K	(1.5M)	122.9M	302.1M	172.5M
Total Current Liabilities	2.1B	2.2B	1.8B	2.1B	2.3B	1.4B
Total Stockholder Equity	(588.3M)	(887.2M)	(357.1M)	(273.4M)	(73.7M)	(70.0M)
Property Plant And Equipment Net	1.0B	845.2M	932.2M	934.6M	1.2B	1.2B
Net Debt	1.5B	1.6B	783.7M	797.5M	1.0B	845.9M
Cash	4.1M	259K	35.7M	29.1M	18.8M	15.9M
Non Current Assets Total	1.1B	904.9M	1.0B	992.9M	1.2B	1.2B
Cash And Short Term Investments	4.1M	259K	35.7M	148.6M	18.8M	30.9M
Net Receivables	360.9M	311.5M	230.2M	580.0M	715.1M	408.7M
Liabilities And Stockholders Equity	1.9B	1.7B	1.8B	2.3B	2.8B	2.1B
Non Current Liabilities Total	317.6M	411.3M	404.4M	380.5M	615.5M	363.5M
Inventory	313.7M	367.6M	405.3M	513.3M	663.3M	377.9M
Other Current Assets	122.4M	164.0M	124.2M	270.0M	207.4M	103.7M
Total Liab	2.4B	2.6B	2.2B	2.5B	2.9B	1.9B
Total Current Assets	757.0M	843.4M	795.5M	1.3B	1.6B	883.8M
Accumulated Other Comprehensive Income	(372.6M)	(470.3M)	74.4M	74.4M	(232.3M)	(244.0M)
Short Term Debt	1.2B	1.2B	452.8M	487.3M	479.5M	513.7M
Accounts Payable	704.0M	769.7M	1.1B	1.4B	1.5B	841.6M
Non Currrent Assets Other	(76.7M)	(12.6M)	1K	32.4M	65.6M	68.9M
Intangible Assets	4.4M	3.1M	2.3M	1.8M	2.3M	2.9M
Current Deferred Revenue	221.9M	229.8M	203.8M	57.1M	4.5M	4.3M
Retained Earnings	(1.2B)	(1.5B)	(1.0B)	(930.2M)	(730.5M)	(767.0M)
Other Liab	36.9M	41.6M	50.5M	37.7M	43.4M	43.6M
Net Tangible Assets	(416.0M)	(592.7M)	(890.3M)	(359.4M)	(323.5M)	(307.3M)
Other Assets	67.1M	59.9M	81.0M	32.4M	29.2M	44.5M
Short Long Term Debt	1.2B	1.2B	428.4M	460M	459.9M	683.2M
Property Plant Equipment	1.0B	841.9M	930.2M	934.6M	841.1M	836.4M
Long Term Debt Total	275.9M	360.8M	366.7M	339.4M	305.5M	304.6M
Cash And Equivalents	4.1M	259K	35.7M	29.1M	33.5M	35.2M
Net Invested Capital	864.1M	655.2M	71.3M	186.6M	386.2M	451.0M
Net Working Capital	(1.4B)	(1.4B)	(966.2M)	(885.8M)	(703.4M)	(738.5M)

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Automotive Total Current Assets vs Retained Earnings Analysis

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Current Assets

Retained Earnings

Automotive Stampings fundamental ratios Correlations

Automotive Stampings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Automotive Stampings fundamental ratios Accounts

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Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Total Current Liabilities
Common Stock	+ 0.95	Common Stock Shares Outstanding
Total Current Assets	+ 0.91	Inventory
Accounts Payable	+ 0.88	Total Current Assets

Retained Earnings	- 0.91	Short Long Term Debt Total
Retained Earnings	- 0.9	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Total Stockholder Equity	- 0.9	Short Long Term Debt Total
Retained Earnings	- 0.88	Total Liab
Retained Earnings	- 0.88	Total Current Liabilities