Ashley Total Revenue vs Long Term Debt Analysis

ASH Stock

0.18 0.01 5.26%

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

Total Revenue vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ashley Services Group Total Revenue account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ashley Services' Total Revenue and Long Term Debt is -0.3. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Ashley Services Group, assuming nothing else is changed. The correlation between historical values of Ashley Services' Total Revenue and Long Term Debt 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 Revenue of Ashley Services Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Revenue i.e., Ashley Services' Total Revenue and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Revenue

Total revenue comprises all receipts Ashley Services Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Long Term Debt

Long-term debt is a debt that Ashley Services Group has held for over one year. Long-term debt appears on Ashley Services Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ashley Services Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Ashley Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ashley Services Group 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 Ashley Services Group. 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.

At this time, Ashley Services' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2 M in 2024, whereas Discontinued Operations is likely to drop (504.6 K) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	28.1M	31.2M	556.5M	584.4M
Total Revenue	449.8M	549.2M	556.5M	322.0M

Gross Profit Total Revenue

Ashley Services fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt
Total Assets		0.44	0.75	0.97	0.98	0.62	0.59	0.67	0.97	0.97	-0.09	0.97	0.97	0.08	0.98	0.97	0.97	0.97	0.96	0.97	0.14	0.97	-0.03	0.45	-0.17	0.43
Other Current Liab	0.44		0.68	0.37	0.57	-0.26	-0.01	-0.02	0.45	0.42	0.47	0.42	0.44	0.34	0.5	0.42	0.42	0.4	0.59	0.38	0.45	0.44	0.68	-0.21	0.43	0.0
Total Current Liabilities	0.75	0.68		0.71	0.76	0.13	0.66	0.46	0.7	0.67	0.53	0.67	0.7	0.22	0.78	0.63	0.67	0.69	0.87	0.68	0.44	0.69	0.28	0.26	0.37	0.27
Total Stockholder Equity	0.97	0.37	0.71		0.93	0.66	0.61	0.79	0.94	0.95	-0.13	0.95	0.94	-0.03	0.93	0.92	0.95	0.94	0.93	0.94	0.2	0.95	-0.02	0.36	-0.2	0.29
Other Liab	0.98	0.57	0.76	0.93		0.53	0.45	0.55	0.98	0.97	-0.08	0.97	0.98	0.12	0.98	0.96	0.97	0.97	0.95	0.96	0.17	0.97	0.05	0.36	-0.11	0.41
Retained Earnings	0.62	-0.26	0.13	0.66	0.53		0.36	0.53	0.6	0.61	-0.62	0.61	0.59	-0.32	0.57	0.59	0.61	0.63	0.4	0.65	-0.42	0.6	-0.39	0.65	-0.44	0.51
Accounts Payable	0.59	-0.01	0.66	0.61	0.45	0.36		0.71	0.47	0.47	0.31	0.47	0.48	-0.09	0.55	0.47	0.47	0.49	0.63	0.51	0.31	0.47	-0.12	0.43	0.05	0.2
Cash	0.67	-0.02	0.46	0.79	0.55	0.53	0.71		0.59	0.63	-0.09	0.62	0.6	-0.23	0.56	0.59	0.62	0.61	0.65	0.61	0.37	0.62	-0.15	0.14	-0.28	-0.13
Other Assets	0.97	0.45	0.7	0.94	0.98	0.6	0.47	0.59		1.0	-0.18	1.0	0.99	0.08	0.98	0.97	1.0	1.0	0.91	0.99	0.08	1.0	-0.1	0.43	-0.26	0.46
Long Term Debt	0.97	0.42	0.67	0.95	0.97	0.61	0.47	0.63	1.0		-0.22	1.0	1.0	0.09	0.97	0.98	1.0	1.0	0.9	0.99	0.07	1.0	-0.13	0.43	-0.3	0.43
Net Receivables	-0.09	0.47	0.53	-0.13	-0.08	-0.62	0.31	-0.09	-0.18	-0.22		-0.21	-0.17	0.19	-0.06	-0.23	-0.21	-0.2	0.16	-0.21	0.59	-0.2	0.56	-0.24	0.73	-0.23
Short Term Investments	0.97	0.42	0.67	0.95	0.97	0.61	0.47	0.62	1.0	1.0	-0.21		1.0	0.09	0.97	0.98	1.0	1.0	0.9	0.99	0.07	1.0	-0.12	0.42	-0.3	0.43
Inventory	0.97	0.44	0.7	0.94	0.98	0.59	0.48	0.6	0.99	1.0	-0.17	1.0		0.12	0.98	0.98	1.0	1.0	0.92	0.99	0.09	1.0	-0.11	0.43	-0.26	0.45
Other Stockholder Equity	0.08	0.34	0.22	-0.03	0.12	-0.32	-0.09	-0.23	0.08	0.09	0.19	0.09	0.12		0.17	0.1	0.1	0.11	0.11	0.1	-0.18	0.1	-0.06	0.2	0.1	0.33
Total Liab	0.98	0.5	0.78	0.93	0.98	0.57	0.55	0.56	0.98	0.97	-0.06	0.97	0.98	0.17		0.96	0.97	0.98	0.94	0.98	0.07	0.97	-0.06	0.51	-0.15	0.53
Deferred Long Term Liab	0.97	0.42	0.63	0.92	0.96	0.59	0.47	0.59	0.97	0.98	-0.23	0.98	0.98	0.1	0.96		0.98	0.97	0.91	0.97	0.07	0.98	-0.11	0.43	-0.33	0.44
Long Term Investments	0.97	0.42	0.67	0.95	0.97	0.61	0.47	0.62	1.0	1.0	-0.21	1.0	1.0	0.1	0.97	0.98		1.0	0.91	0.99	0.07	1.0	-0.13	0.43	-0.3	0.44
Short Long Term Debt	0.97	0.4	0.69	0.94	0.97	0.63	0.49	0.61	1.0	1.0	-0.2	1.0	1.0	0.11	0.98	0.97	1.0		0.9	1.0	0.03	1.0	-0.15	0.49	-0.29	0.49
Total Current Assets	0.96	0.59	0.87	0.93	0.95	0.4	0.63	0.65	0.91	0.9	0.16	0.9	0.92	0.11	0.94	0.91	0.91	0.9		0.89	0.38	0.91	0.14	0.28	0.0	0.27
Short Term Debt	0.97	0.38	0.68	0.94	0.96	0.65	0.51	0.61	0.99	0.99	-0.21	0.99	0.99	0.1	0.98	0.97	0.99	1.0	0.89		0.0	0.99	-0.17	0.52	-0.3	0.52
Common Stock	0.14	0.45	0.44	0.2	0.17	-0.42	0.31	0.37	0.08	0.07	0.59	0.07	0.09	-0.18	0.07	0.07	0.07	0.03	0.38	0.0		0.08	0.52	-0.67	0.42	-0.7
Property Plant Equipment	0.97	0.44	0.69	0.95	0.97	0.6	0.47	0.62	1.0	1.0	-0.2	1.0	1.0	0.1	0.97	0.98	1.0	1.0	0.91	0.99	0.08		-0.11	0.42	-0.27	0.44
Other Current Assets	-0.03	0.68	0.28	-0.02	0.05	-0.39	-0.12	-0.15	-0.1	-0.13	0.56	-0.12	-0.11	-0.06	-0.06	-0.11	-0.13	-0.15	0.14	-0.17	0.52	-0.11		-0.54	0.69	-0.4
Short Long Term Debt Total	0.45	-0.21	0.26	0.36	0.36	0.65	0.43	0.14	0.43	0.43	-0.24	0.42	0.43	0.2	0.51	0.43	0.43	0.49	0.28	0.52	-0.67	0.42	-0.54		-0.28	0.93
Property Plant And Equipment Net	-0.17	0.43	0.37	-0.2	-0.11	-0.44	0.05	-0.28	-0.26	-0.3	0.73	-0.3	-0.26	0.1	-0.15	-0.33	-0.3	-0.29	0.0	-0.3	0.42	-0.27	0.69	-0.28		-0.18
Net Debt	0.43	0.0	0.27	0.29	0.41	0.51	0.2	-0.13	0.46	0.43	-0.23	0.43	0.45	0.33	0.53	0.44	0.44	0.49	0.27	0.52	-0.7	0.44	-0.4	0.93	-0.18

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Ashley Services Account Relationship Matchups

Ashley Services fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	56.9M	70.2M	81.9M	112.3M	90.1M	165.0M
Other Current Liab	19.3M	27.8M	26.5M	39.5M	21.3M	23.4M
Total Current Liabilities	25.1M	36.1M	41.2M	63.8M	50.4M	32.7M
Total Stockholder Equity	25.8M	28.0M	31.6M	33.8M	30.4M	28.9M
Other Liab	4.2M	4.8M	6.7M	11.9M	10.7M	15.2M
Retained Earnings	(123.0M)	(120.8M)	(117.3M)	(115.0M)	(59.1M)	(62.1M)
Accounts Payable	1.4M	5.2M	8.3M	5.6M	5.5M	6.6M
Cash	8.6M	3.5M	2.2M	2.5M	137K	130.2K
Other Assets	1.0	5.8M	4.1M	10.2M	9.1M	8.7M
Net Receivables	27.5M	38.2M	55.0M	58.9M	45.7M	33.5M
Total Liab	31.1M	42.2M	50.3M	78.0M	59.7M	82.0M
Total Current Assets	39.4M	50.2M	61.4M	64.2M	52.3M	68.1M
Short Term Debt	(2.9M)	2.0M	6.4M	9.4M	9.1M	8.7M
Property Plant Equipment	3.4M	3.3M	5.4M	7.6M	6.9M	6.5M
Other Current Assets	3.8M	8.9M	15.8M	15.5M	6.5M	8.6M
Property Plant And Equipment Net	3.4M	3.3M	5.4M	7.6M	8.2M	4.3M
Net Debt	(6.1M)	(174K)	6.6M	9.2M	15.5M	16.2M
Non Current Assets Total	17.5M	20.0M	20.5M	48.1M	37.8M	25.1M
Non Currrent Assets Other	92K	111K	(10.7M)	(19.9M)	1.1M	1.1M
Cash And Short Term Investments	8.6M	3.5M	2.2M	2.5M	158K	150.1K
Liabilities And Stockholders Equity	56.9M	70.2M	81.9M	112.3M	90.1M	62.2M
Non Current Liabilities Total	5.9M	6.2M	9.1M	14.2M	9.3M	7.4M
Net Tangible Assets	16.5M	17.7M	20.6M	4.9M	4.4M	4.2M
Property Plant And Equipment Gross	3.4M	9.5M	11.5M	17.5M	18.2M	19.1M
Intangible Assets	9.3M	10.8M	11.0M	29.0M	6.0M	11.5M

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