Austal Net Income vs Dividends Paid 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 Net Income and its Dividends Paid 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.

Net Income vs Dividends Paid

Net Income vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Austal Net Income account and Dividends Paid. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Austal's Net Income and Dividends Paid is 0.18. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Austal, assuming nothing else is changed. The correlation between historical values of Austal's Net Income and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Austal are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., Austal's Net Income and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
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 Expense8.4M12.5M19.0M20.0M
Depreciation And Amortization44.7M59.8M67.3M70.6M

Austal fundamental ratios Correlations

0.770.930.890.990.020.740.650.460.460.80.850.560.80.79-0.190.960.70.590.980.90.970.460.890.680.95
0.770.60.720.680.440.560.560.160.160.620.610.30.720.45-0.150.840.550.390.740.550.730.370.610.60.7
0.930.60.820.93-0.080.610.440.450.450.720.730.420.750.83-0.160.880.60.450.930.990.940.60.910.590.92
0.890.720.820.840.180.550.760.250.250.760.810.460.550.62-0.310.930.610.490.840.790.830.50.720.780.8
0.990.680.930.84-0.090.780.580.520.530.770.870.610.760.81-0.170.90.720.630.960.890.960.420.910.630.94
0.020.44-0.080.18-0.09-0.20.1-0.81-0.81-0.2-0.14-0.350.130.15-0.030.19-0.27-0.250.1-0.090.090.360.010.50.14
0.740.560.610.550.78-0.20.40.610.610.630.740.790.530.52-0.210.60.940.840.660.550.650.090.630.430.62
0.650.560.440.760.580.10.40.230.230.70.730.520.40.27-0.260.750.50.480.570.410.540.110.370.580.5
0.460.160.450.250.52-0.810.610.231.00.610.530.60.310.1-0.060.310.680.560.350.430.35-0.180.36-0.190.28
0.460.160.450.250.53-0.810.610.231.00.610.530.60.310.1-0.060.310.680.560.350.430.35-0.180.36-0.190.28
0.80.620.720.760.77-0.20.630.70.610.610.780.580.520.4-0.230.790.740.580.70.680.690.170.60.350.64
0.850.610.730.810.87-0.140.740.730.530.530.780.840.450.5-0.070.80.750.840.770.660.760.140.650.560.71
0.560.30.420.460.61-0.350.790.520.60.60.580.840.180.250.010.450.810.980.460.330.44-0.20.340.260.38
0.80.720.750.550.760.130.530.40.310.310.520.450.180.74-0.060.790.440.190.840.760.840.530.790.50.84
0.790.450.830.620.810.150.520.270.10.10.40.50.250.74-0.150.70.340.260.870.820.880.590.890.670.92
-0.19-0.15-0.16-0.31-0.17-0.03-0.21-0.26-0.06-0.06-0.23-0.070.01-0.06-0.15-0.21-0.27-0.02-0.13-0.18-0.130.05-0.17-0.29-0.13
0.960.840.880.930.90.190.60.750.310.310.790.80.450.790.7-0.210.620.480.940.850.930.520.810.730.9
0.70.550.60.610.72-0.270.940.50.680.680.740.750.810.440.34-0.270.620.840.580.550.570.080.50.380.51
0.590.390.450.490.63-0.250.840.480.560.560.580.840.980.190.26-0.020.480.840.490.350.47-0.180.370.290.41
0.980.740.930.840.960.10.660.570.350.350.70.770.460.840.87-0.130.940.580.490.91.00.520.930.670.99
0.90.550.990.790.89-0.090.550.410.430.430.680.660.330.760.82-0.180.850.550.350.90.910.650.880.580.9
0.970.730.940.830.960.090.650.540.350.350.690.760.440.840.88-0.130.930.570.471.00.910.530.940.670.99
0.460.370.60.50.420.360.090.11-0.18-0.180.170.14-0.20.530.590.050.520.08-0.180.520.650.530.520.660.55
0.890.610.910.720.910.010.630.370.360.360.60.650.340.790.89-0.170.810.50.370.930.880.940.520.580.96
0.680.60.590.780.630.50.430.58-0.19-0.190.350.560.260.50.67-0.290.730.380.290.670.580.670.660.580.68
0.950.70.920.80.940.140.620.50.280.280.640.710.380.840.92-0.130.90.510.410.990.90.990.550.960.68
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Austal Account Relationship Matchups

Austal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.5B1.7B1.9B2.1B2.2B
Short Long Term Debt Total175.3M204.6M234.1M240.5M281.1M295.1M
Other Current Liab242.1M226.7M208.9M359.5M355.4M373.2M
Total Current Liabilities410.6M397.6M365.0M508.9M709.6M745.0M
Total Stockholder Equity748.7M774.0M924.3M948.8M1.0B1.1B
Net Debt(221.4M)(142.3M)(6.0M)61.3M107.5M112.9M
Retained Earnings378.4M427.1M477.9M435.2M443.0M230.6M
Accounts Payable156.9M133.4M151.7M134.6M253.2M265.8M
Cash396.7M346.9M240.1M179.2M173.5M144.3M
Cash And Short Term Investments396.7M346.9M240.1M179.2M173.5M145.8M
Net Receivables144.2M141.8M149.0M135.2M171.6M180.2M
Common Stock Shares Outstanding360.8M361.5M363.2M362.4M365.1M273.1M
Liabilities And Stockholders Equity1.4B1.5B1.7B1.9B2.1B2.2B
Non Current Liabilities Total221.2M218.1M311.0M376.2M379.0M397.9M
Other Current Assets12.7M20.9M35.8M47.1M38.3M40.2M
Other Stockholder Equity(1.4M)(892K)(2.3M)(3.3M)(2.8M)(2.7M)
Total Liab631.9M615.8M676.0M885.1M1.1B1.1B
Total Current Assets758.2M684.4M671.1M690.6M784.9M409.9M
Accumulated Other Comprehensive Income235.0M205.3M302.5M369.1M416.6M437.4M
Common Stock136.7M142.6M146.2M147.8M147.9M76.9M
Property Plant And Equipment Net619.9M700.2M951.9M1.1B1.2B1.3B
Current Deferred Revenue155.4M123.3M99.1M217.2M223.8M235.0M
Non Current Assets Total676.4M770.3M1.0B1.2B1.3B1.4B
Non Currrent Assets Other(4.9M)(27.0M)(26.8M)21.6M58.6M61.5M
Good Will12.9M31.1M31.6M31.9M36.7M38.5M
Inventory204.7M178.3M263.1M329.1M401.5M421.5M
Property Plant And Equipment Gross619.9M888.8M1.3B1.5B1.6B1.7B
Short Term Debt11.3M36.8M4.2M5.0M44.8M37.1M
Intangible Assets22.2M37.6M37.5M38.3M7.3M9.3M
Long Term Debt156.5M115.0M124.5M129.5M129.6M92.0M
Property Plant Equipment619.9M700.2M951.9M1.1B1.3B1.4B
Other Liab105.7M110.1M170.2M234.2M269.3M282.8M
Net Tangible Assets726.6M736.5M886.8M910.5M1.0B683.9M
Short Long Term Debt48.8M8.7M32.2M40.0M36.0M61.1M
Long Term Debt Total163.9M167.8M229.9M235.5M270.8M170.7M
Capital Lease Obligations10.1M57.4M109.6M111.0M111.5M117.0M
Long Term Investments14.7M978K908K16.3M1.2M1.2M

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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.