Austal Change In Cash vs Net Income Analysis

ASB Stock

2.90 0.03 1.05%

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

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austal Change In Cash account and Net Income. At this time, the significance of the direction appears to have no relationship.

The correlation between Austal's Change In Cash and Net Income is 0.03. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Austal, assuming nothing else is changed. The correlation between historical values of Austal's Change In Cash 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 Change In Cash of Austal 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 Change In Cash i.e., Austal's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Austal financial statement analysis. It represents the amount of money remaining after all of Austal operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Austal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Austal 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 Austal. 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 187.8 M in 2024, whereas Tax Provision is likely to drop slightly above 19 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	8.4M	12.5M	19.0M	20.0M
Depreciation And Amortization	44.7M	59.8M	67.3M	70.6M

Interest Expense Depreciation And Amortization

Austal fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Good Will	Inventory	Property Plant And Equipment Gross
Total Assets		0.77	0.93	0.89	0.99	0.02	0.74	0.65	0.46	0.46	0.8	0.85	0.56	0.8	0.79	-0.19	0.96	0.7	0.59	0.98	0.9	0.97	0.46	0.89	0.68	0.95
Short Long Term Debt Total	0.77		0.6	0.72	0.68	0.44	0.56	0.56	0.16	0.16	0.62	0.61	0.3	0.72	0.45	-0.15	0.84	0.55	0.39	0.74	0.55	0.73	0.37	0.61	0.6	0.7
Other Current Liab	0.93	0.6		0.82	0.93	-0.08	0.61	0.44	0.45	0.45	0.72	0.73	0.42	0.75	0.83	-0.16	0.88	0.6	0.45	0.93	0.99	0.94	0.6	0.91	0.59	0.92
Total Current Liabilities	0.89	0.72	0.82		0.84	0.18	0.55	0.76	0.25	0.25	0.76	0.81	0.46	0.55	0.62	-0.31	0.93	0.61	0.49	0.84	0.79	0.83	0.5	0.72	0.78	0.8
Total Stockholder Equity	0.99	0.68	0.93	0.84		-0.09	0.78	0.58	0.52	0.53	0.77	0.87	0.61	0.76	0.81	-0.17	0.9	0.72	0.63	0.96	0.89	0.96	0.42	0.91	0.63	0.94
Net Debt	0.02	0.44	-0.08	0.18	-0.09		-0.2	0.1	-0.81	-0.81	-0.2	-0.14	-0.35	0.13	0.15	-0.03	0.19	-0.27	-0.25	0.1	-0.09	0.09	0.36	0.01	0.5	0.14
Retained Earnings	0.74	0.56	0.61	0.55	0.78	-0.2		0.4	0.61	0.61	0.63	0.74	0.79	0.53	0.52	-0.21	0.6	0.94	0.84	0.66	0.55	0.65	0.09	0.63	0.43	0.62
Accounts Payable	0.65	0.56	0.44	0.76	0.58	0.1	0.4		0.23	0.23	0.7	0.73	0.52	0.4	0.27	-0.26	0.75	0.5	0.48	0.57	0.41	0.54	0.11	0.37	0.58	0.5
Cash	0.46	0.16	0.45	0.25	0.52	-0.81	0.61	0.23		1.0	0.61	0.53	0.6	0.31	0.1	-0.06	0.31	0.68	0.56	0.35	0.43	0.35	-0.18	0.36	-0.19	0.28
Cash And Short Term Investments	0.46	0.16	0.45	0.25	0.53	-0.81	0.61	0.23	1.0		0.61	0.53	0.6	0.31	0.1	-0.06	0.31	0.68	0.56	0.35	0.43	0.35	-0.18	0.36	-0.19	0.28
Net Receivables	0.8	0.62	0.72	0.76	0.77	-0.2	0.63	0.7	0.61	0.61		0.78	0.58	0.52	0.4	-0.23	0.79	0.74	0.58	0.7	0.68	0.69	0.17	0.6	0.35	0.64
Common Stock Total Equity	0.85	0.61	0.73	0.81	0.87	-0.14	0.74	0.73	0.53	0.53	0.78		0.84	0.45	0.5	-0.07	0.8	0.75	0.84	0.77	0.66	0.76	0.14	0.65	0.56	0.71
Common Stock Shares Outstanding	0.56	0.3	0.42	0.46	0.61	-0.35	0.79	0.52	0.6	0.6	0.58	0.84		0.18	0.25	0.01	0.45	0.81	0.98	0.46	0.33	0.44	-0.2	0.34	0.26	0.38
Non Current Liabilities Total	0.8	0.72	0.75	0.55	0.76	0.13	0.53	0.4	0.31	0.31	0.52	0.45	0.18		0.74	-0.06	0.79	0.44	0.19	0.84	0.76	0.84	0.53	0.79	0.5	0.84
Other Current Assets	0.79	0.45	0.83	0.62	0.81	0.15	0.52	0.27	0.1	0.1	0.4	0.5	0.25	0.74		-0.15	0.7	0.34	0.26	0.87	0.82	0.88	0.59	0.89	0.67	0.92
Other Stockholder Equity	-0.19	-0.15	-0.16	-0.31	-0.17	-0.03	-0.21	-0.26	-0.06	-0.06	-0.23	-0.07	0.01	-0.06	-0.15		-0.21	-0.27	-0.02	-0.13	-0.18	-0.13	0.05	-0.17	-0.29	-0.13
Total Liab	0.96	0.84	0.88	0.93	0.9	0.19	0.6	0.75	0.31	0.31	0.79	0.8	0.45	0.79	0.7	-0.21		0.62	0.48	0.94	0.85	0.93	0.52	0.81	0.73	0.9
Total Current Assets	0.7	0.55	0.6	0.61	0.72	-0.27	0.94	0.5	0.68	0.68	0.74	0.75	0.81	0.44	0.34	-0.27	0.62		0.84	0.58	0.55	0.57	0.08	0.5	0.38	0.51
Common Stock	0.59	0.39	0.45	0.49	0.63	-0.25	0.84	0.48	0.56	0.56	0.58	0.84	0.98	0.19	0.26	-0.02	0.48	0.84		0.49	0.35	0.47	-0.18	0.37	0.29	0.41
Property Plant And Equipment Net	0.98	0.74	0.93	0.84	0.96	0.1	0.66	0.57	0.35	0.35	0.7	0.77	0.46	0.84	0.87	-0.13	0.94	0.58	0.49		0.9	1.0	0.52	0.93	0.67	0.99
Current Deferred Revenue	0.9	0.55	0.99	0.79	0.89	-0.09	0.55	0.41	0.43	0.43	0.68	0.66	0.33	0.76	0.82	-0.18	0.85	0.55	0.35	0.9		0.91	0.65	0.88	0.58	0.9
Non Current Assets Total	0.97	0.73	0.94	0.83	0.96	0.09	0.65	0.54	0.35	0.35	0.69	0.76	0.44	0.84	0.88	-0.13	0.93	0.57	0.47	1.0	0.91		0.53	0.94	0.67	0.99
Non Currrent Assets Other	0.46	0.37	0.6	0.5	0.42	0.36	0.09	0.11	-0.18	-0.18	0.17	0.14	-0.2	0.53	0.59	0.05	0.52	0.08	-0.18	0.52	0.65	0.53		0.52	0.66	0.55
Good Will	0.89	0.61	0.91	0.72	0.91	0.01	0.63	0.37	0.36	0.36	0.6	0.65	0.34	0.79	0.89	-0.17	0.81	0.5	0.37	0.93	0.88	0.94	0.52		0.58	0.96
Inventory	0.68	0.6	0.59	0.78	0.63	0.5	0.43	0.58	-0.19	-0.19	0.35	0.56	0.26	0.5	0.67	-0.29	0.73	0.38	0.29	0.67	0.58	0.67	0.66	0.58		0.68
Property Plant And Equipment Gross	0.95	0.7	0.92	0.8	0.94	0.14	0.62	0.5	0.28	0.28	0.64	0.71	0.38	0.84	0.92	-0.13	0.9	0.51	0.41	0.99	0.9	0.99	0.55	0.96	0.68

Click cells to compare fundamentals

Austal Account Relationship Matchups

Austal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.5B	1.7B	1.9B	2.1B	2.2B
Short Long Term Debt Total	175.3M	204.6M	234.1M	240.5M	281.1M	295.1M
Other Current Liab	242.1M	226.7M	208.9M	359.5M	355.4M	373.2M
Total Current Liabilities	410.6M	397.6M	365.0M	508.9M	709.6M	745.0M
Total Stockholder Equity	748.7M	774.0M	924.3M	948.8M	1.0B	1.1B
Net Debt	(221.4M)	(142.3M)	(6.0M)	61.3M	107.5M	112.9M
Retained Earnings	378.4M	427.1M	477.9M	435.2M	443.0M	230.6M
Accounts Payable	156.9M	133.4M	151.7M	134.6M	253.2M	265.8M
Cash	396.7M	346.9M	240.1M	179.2M	173.5M	144.3M
Cash And Short Term Investments	396.7M	346.9M	240.1M	179.2M	173.5M	145.8M
Net Receivables	144.2M	141.8M	149.0M	135.2M	171.6M	180.2M
Common Stock Shares Outstanding	360.8M	361.5M	363.2M	362.4M	365.1M	273.1M
Liabilities And Stockholders Equity	1.4B	1.5B	1.7B	1.9B	2.1B	2.2B
Non Current Liabilities Total	221.2M	218.1M	311.0M	376.2M	379.0M	397.9M
Other Current Assets	12.7M	20.9M	35.8M	47.1M	38.3M	40.2M
Other Stockholder Equity	(1.4M)	(892K)	(2.3M)	(3.3M)	(2.8M)	(2.7M)
Total Liab	631.9M	615.8M	676.0M	885.1M	1.1B	1.1B
Total Current Assets	758.2M	684.4M	671.1M	690.6M	784.9M	409.9M
Accumulated Other Comprehensive Income	235.0M	205.3M	302.5M	369.1M	416.6M	437.4M
Common Stock	136.7M	142.6M	146.2M	147.8M	147.9M	76.9M
Property Plant And Equipment Net	619.9M	700.2M	951.9M	1.1B	1.2B	1.3B
Current Deferred Revenue	155.4M	123.3M	99.1M	217.2M	223.8M	235.0M
Non Current Assets Total	676.4M	770.3M	1.0B	1.2B	1.3B	1.4B
Non Currrent Assets Other	(4.9M)	(27.0M)	(26.8M)	21.6M	58.6M	61.5M
Good Will	12.9M	31.1M	31.6M	31.9M	36.7M	38.5M
Inventory	204.7M	178.3M	263.1M	329.1M	401.5M	421.5M
Property Plant And Equipment Gross	619.9M	888.8M	1.3B	1.5B	1.6B	1.7B
Short Term Debt	11.3M	36.8M	4.2M	5.0M	44.8M	37.1M
Intangible Assets	22.2M	37.6M	37.5M	38.3M	7.3M	9.3M
Long Term Debt	156.5M	115.0M	124.5M	129.5M	129.6M	92.0M
Property Plant Equipment	619.9M	700.2M	951.9M	1.1B	1.3B	1.4B
Other Liab	105.7M	110.1M	170.2M	234.2M	269.3M	282.8M
Net Tangible Assets	726.6M	736.5M	886.8M	910.5M	1.0B	683.9M
Short Long Term Debt	48.8M	8.7M	32.2M	40.0M	36.0M	61.1M
Long Term Debt Total	163.9M	167.8M	229.9M	235.5M	270.8M	170.7M
Capital Lease Obligations	10.1M	57.4M	109.6M	111.0M	111.5M	117.0M
Long Term Investments	14.7M	978K	908K	16.3M	1.2M	1.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Austal Stock Analysis

When running Austal's price analysis, check to measure Austal'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 Austal is operating at the current time. Most of Austal's value examination focuses on studying past and present price action to predict the probability of Austal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Austal's price. Additionally, you may evaluate how the addition of Austal to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC