Grupo Payout Ratio vs Pb Ratio Analysis

ASR Stock

USD 260.14 1.82 0.69%

Grupo Aeroportuario financial indicator trend analysis is much more than just examining Grupo Aeroportuario del latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Aeroportuario del is a good investment. Please check the relationship between Grupo Aeroportuario Payout Ratio and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grupo Aeroportuario del. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Payout Ratio vs Pb Ratio

Payout Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aeroportuario del Payout Ratio account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Grupo Aeroportuario's Payout Ratio and Pb Ratio is -0.76. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Grupo Aeroportuario del, assuming nothing else is changed. The correlation between historical values of Grupo Aeroportuario's Payout Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Grupo Aeroportuario del are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Payout Ratio i.e., Grupo Aeroportuario's Payout Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.76

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Grupo Aeroportuario del earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Grupo Aeroportuario del dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Grupo Aeroportuario del is paying out more in dividends than it makes in net income.

Pb Ratio

Most indicators from Grupo Aeroportuario's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Aeroportuario del 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 Grupo Aeroportuario del. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Grupo Aeroportuario's Selling General Administrative is relatively stable compared to the past year. As of 12/01/2024, Enterprise Value is likely to grow to about 155.5 B, while Tax Provision is likely to drop slightly above 2.1 B.

	2021	2022	2023	2024 (projected)
Gross Profit	12.3B	18.8B	15.6B	16.3B
Total Revenue	18.8B	25.3B	25.8B	27.1B

Gross Profit Total Revenue

Grupo Aeroportuario fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	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	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Property Plant Equipment
Total Assets		0.71	0.94	0.96	-0.06	0.39	0.97	0.77	0.88	0.88	-0.57	0.88	0.83	-0.46	0.54	0.83	0.72	0.3	0.97	0.42	0.87	0.97	-0.5	0.93	0.97	0.54
Other Current Liab	0.71		0.78	0.73	-0.37	0.05	0.59	0.51	0.75	0.49	-0.22	0.75	0.73	-0.13	0.32	0.45	0.77	-0.2	0.64	0.25	0.77	0.6	-0.19	0.59	0.65	0.04
Total Current Liabilities	0.94	0.78		0.96	-0.34	0.1	0.91	0.67	0.97	0.74	-0.51	0.97	0.93	-0.36	0.55	0.65	0.88	0.17	0.85	0.24	0.97	0.85	-0.41	0.78	0.86	0.26
Total Stockholder Equity	0.96	0.73	0.96		-0.26	0.15	0.94	0.65	0.96	0.76	-0.5	0.96	0.89	-0.46	0.62	0.67	0.84	0.17	0.87	0.37	0.95	0.89	-0.52	0.81	0.9	0.39
Property Plant And Equipment Net	-0.06	-0.37	-0.34	-0.26		0.76	-0.08	0.11	-0.47	0.23	-0.18	-0.47	-0.4	-0.05	-0.15	0.35	-0.57	0.55	0.13	0.53	-0.49	0.14	0.0	0.22	0.09	0.7
Net Debt	0.39	0.05	0.1	0.15	0.76		0.38	0.6	-0.08	0.66	-0.45	-0.08	-0.04	-0.24	-0.16	0.78	-0.27	0.59	0.6	0.37	-0.1	0.56	-0.2	0.68	0.5	0.8
Retained Earnings	0.97	0.59	0.91	0.94	-0.08	0.38		0.79	0.85	0.88	-0.59	0.85	0.78	-0.51	0.43	0.82	0.67	0.4	0.93	0.28	0.83	0.94	-0.54	0.9	0.93	0.56
Accounts Payable	0.77	0.51	0.67	0.65	0.11	0.6	0.79		0.5	0.88	-0.56	0.5	0.51	-0.29	0.0	0.84	0.4	0.25	0.81	0.11	0.5	0.81	-0.28	0.81	0.76	0.49
Cash	0.88	0.75	0.97	0.96	-0.47	-0.08	0.85	0.5		0.61	-0.38	1.0	0.91	-0.39	0.65	0.51	0.91	0.06	0.75	0.24	1.0	0.75	-0.46	0.67	0.79	0.16
Non Current Assets Total	0.88	0.49	0.74	0.76	0.23	0.66	0.88	0.88	0.61		-0.64	0.61	0.61	-0.46	0.27	0.98	0.41	0.49	0.94	0.36	0.59	0.94	-0.43	0.94	0.89	0.67
Non Currrent Assets Other	-0.57	-0.22	-0.51	-0.5	-0.18	-0.45	-0.59	-0.56	-0.38	-0.64		-0.38	-0.62	0.14	0.01	-0.66	-0.29	-0.56	-0.63	-0.04	-0.39	-0.66	0.13	-0.61	-0.49	-0.36
Cash And Short Term Investments	0.88	0.75	0.97	0.96	-0.47	-0.08	0.85	0.5	1.0	0.61	-0.38		0.91	-0.39	0.65	0.51	0.91	0.06	0.75	0.24	1.0	0.75	-0.46	0.67	0.79	0.16
Net Receivables	0.83	0.73	0.93	0.89	-0.4	-0.04	0.78	0.51	0.91	0.61	-0.62	0.91		-0.26	0.55	0.52	0.87	0.1	0.73	0.18	0.93	0.75	-0.31	0.64	0.69	0.08
Common Stock Total Equity	-0.46	-0.13	-0.36	-0.46	-0.05	-0.24	-0.51	-0.29	-0.39	-0.46	0.14	-0.39	-0.26		-0.25	-0.44	-0.12	-0.29	-0.45	-0.27	-0.37	-0.44	0.99	-0.46	-0.43	-0.37
Common Stock Shares Outstanding	0.54	0.32	0.55	0.62	-0.15	-0.16	0.43	0.0	0.65	0.27	0.01	0.65	0.55	-0.25		0.2	0.56	-0.04	0.41	0.61	0.64	0.45	-0.32	0.36	0.52	0.21
Non Current Liabilities Total	0.83	0.45	0.65	0.67	0.35	0.78	0.82	0.84	0.51	0.98	-0.66	0.51	0.52	-0.44	0.2		0.29	0.56	0.93	0.39	0.49	0.91	-0.41	0.96	0.86	0.73
Other Current Assets	0.72	0.77	0.88	0.84	-0.57	-0.27	0.67	0.4	0.91	0.41	-0.29	0.91	0.87	-0.12	0.56	0.29		-0.14	0.55	0.18	0.93	0.56	-0.2	0.47	0.6	-0.03
Other Stockholder Equity	0.3	-0.2	0.17	0.17	0.55	0.59	0.4	0.25	0.06	0.49	-0.56	0.06	0.1	-0.29	-0.04	0.56	-0.14		0.43	0.17	0.04	0.42	-0.25	0.48	0.35	0.65
Total Liab	0.97	0.64	0.85	0.87	0.13	0.6	0.93	0.81	0.75	0.94	-0.63	0.75	0.73	-0.45	0.41	0.93	0.55	0.43		0.44	0.73	0.99	-0.47	0.99	0.96	0.65
Property Plant And Equipment Gross	0.42	0.25	0.24	0.37	0.53	0.37	0.28	0.11	0.24	0.36	-0.04	0.24	0.18	-0.27	0.61	0.39	0.18	0.17	0.44		0.23	0.46	-0.31	0.45	0.52	0.65
Total Current Assets	0.87	0.77	0.97	0.95	-0.49	-0.1	0.83	0.5	1.0	0.59	-0.39	1.0	0.93	-0.37	0.64	0.49	0.93	0.04	0.73	0.23		0.74	-0.43	0.66	0.77	0.13
Intangible Assets	0.97	0.6	0.85	0.89	0.14	0.56	0.94	0.81	0.75	0.94	-0.66	0.75	0.75	-0.44	0.45	0.91	0.56	0.42	0.99	0.46	0.74		-0.47	0.97	0.96	0.66
Common Stock	-0.5	-0.19	-0.41	-0.52	0.0	-0.2	-0.54	-0.28	-0.46	-0.43	0.13	-0.46	-0.31	0.99	-0.32	-0.41	-0.2	-0.25	-0.47	-0.31	-0.43	-0.47		-0.48	-0.47	-0.36
Short Long Term Debt Total	0.93	0.59	0.78	0.81	0.22	0.68	0.9	0.81	0.67	0.94	-0.61	0.67	0.64	-0.46	0.36	0.96	0.47	0.48	0.99	0.45	0.66	0.97	-0.48		0.95	0.71
Other Liab	0.97	0.65	0.86	0.9	0.09	0.5	0.93	0.76	0.79	0.89	-0.49	0.79	0.69	-0.43	0.52	0.86	0.6	0.35	0.96	0.52	0.77	0.96	-0.47	0.95		0.66
Property Plant Equipment	0.54	0.04	0.26	0.39	0.7	0.8	0.56	0.49	0.16	0.67	-0.36	0.16	0.08	-0.37	0.21	0.73	-0.03	0.65	0.65	0.65	0.13	0.66	-0.36	0.71	0.66

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Grupo Aeroportuario Account Relationship Matchups

Grupo Aeroportuario fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	57.5B	60.4B	65.8B	70.9B	70.3B	73.9B
Other Current Liab	(1.2B)	772.9M	1.5B	1.7B	2.5B	2.6B
Total Current Liabilities	2.6B	2.8B	3.8B	5.6B	4.8B	5.1B
Total Stockholder Equity	31.2B	33.7B	37.2B	41.6B	44.9B	47.2B
Property Plant And Equipment Net	520.6M	504.4M	184.6M	171.0M	184.0M	174.8M
Net Debt	7.5B	8.7B	5.0B	2.0B	(1.6B)	(1.5B)
Retained Earnings	22.0B	23.7B	27.1B	32.3B	24.7B	25.9B
Accounts Payable	245.1M	751.1M	690.1M	538.0M	306.5M	158.9M
Cash	6.2B	5.2B	8.8B	13.2B	13.9B	14.6B
Non Current Assets Total	49.7B	52.7B	54.3B	52.8B	51.6B	28.8B
Non Currrent Assets Other	(257.5M)	(260.2M)	(155.5M)	(3.0B)	2.0B	1.3B
Cash And Short Term Investments	6.2B	5.2B	8.8B	13.2B	13.9B	14.6B
Net Receivables	1.5B	1.4B	1.9B	2.5B	2.3B	2.4B
Liabilities And Stockholders Equity	57.5B	60.4B	65.8B	70.9B	70.3B	73.9B
Non Current Liabilities Total	16.2B	16.0B	16.3B	16.3B	13.9B	7.2B
Other Current Assets	204.1M	1.1B	847.9M	2.3B	2.5B	2.6B
Other Stockholder Equity	28.3B	9.9B	313.6M	28.3B	1.0	0.95
Total Liab	18.7B	18.7B	20.1B	21.9B	18.8B	19.7B
Property Plant And Equipment Gross	520.6M	504.4M	184.6M	171.0M	553.7M	526.0M
Total Current Assets	7.8B	7.7B	11.6B	18.1B	18.7B	19.7B
Accumulated Other Comprehensive Income	1.4B	2.2B	2.3B	1.6B	12.5B	13.1B
Intangible Assets	49.1B	49.6B	51.4B	50.2B	46.9B	49.3B
Short Long Term Debt Total	13.7B	13.9B	13.8B	15.2B	12.2B	12.9B
Other Liab	3.0B	3.2B	3.1B	3.0B	3.5B	3.6B
Property Plant Equipment	520.6M	504.4M	184.6M	171.0M	196.7M	253.2M
Other Assets	23.4M	431.8M	819.0M	378.1M	434.8M	483.9M
Inventory	49.7M	34.0M	57.1M	64.7M	60.4M	63.4M
Current Deferred Revenue	303.6M	266.9M	3.0B	789.3M	907.7M	942.2M
Long Term Debt	13.2B	12.8B	13.2B	13.3B	11.0B	7.6B
Short Term Debt	549.6M	1.2B	602.7M	1.9B	1.3B	1.3B
Net Tangible Assets	(18.0B)	(18.1B)	(16.1B)	(10.7B)	(9.6B)	(10.1B)
Short Long Term Debt	549.6M	1.1B	578.1M	1.9B	1.2B	897.3M
Long Term Debt Total	13.2B	12.8B	13.2B	13.3B	15.3B	12.7B
Capital Lease Obligations	20.4M	17.2M	24.5M	23.5M	22.4M	13.2M

Pair Trading with Grupo Aeroportuario

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grupo Aeroportuario position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grupo Aeroportuario will appreciate offsetting losses from the drop in the long position's value.

Moving together with Grupo Stock

0.81

OMAB

Grupo Aeroportuario del

Pair Corr

Moving against Grupo Stock

0.55	AZ	A2Z Smart Technologies	Pair Corr
0.51	BLDEW	Blade Air Mobility	Pair Corr
0.48	ASLE	AerSale Corp	Pair Corr
0.42	BE	Bloom Energy Corp	Pair Corr
0.4	CR	Crane Company	Pair Corr

The ability to find closely correlated positions to Grupo Aeroportuario could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grupo Aeroportuario when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grupo Aeroportuario - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grupo Aeroportuario del to buy it.

The correlation of Grupo Aeroportuario is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grupo Aeroportuario moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grupo Aeroportuario del moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Grupo Aeroportuario can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Grupo Stock Analysis

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

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