AmeriServ Other Current Assets vs Total Assets Analysis

ASRV Stock  USD 2.88  0.02  0.70%   
AmeriServ Financial financial indicator trend analysis is way more than just evaluating AmeriServ Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AmeriServ Financial is a good investment. Please check the relationship between AmeriServ Financial Other Current Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AmeriServ Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AmeriServ Financial Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between AmeriServ Financial's Other Current Assets and Total Assets is -0.75. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of AmeriServ Financial, assuming nothing else is changed. The correlation between historical values of AmeriServ Financial's Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of AmeriServ Financial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., AmeriServ Financial's Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of AmeriServ Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AmeriServ Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from AmeriServ Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AmeriServ Financial 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 AmeriServ Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.Selling General Administrative is likely to drop to about 26.1 M in 2024. Tax Provision is likely to climb to about (989.9 K) in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses48.1M3.2M52.4M26.3M
Interest Expense7.6M8.5M24.8M23.6M

AmeriServ Financial fundamental ratios Correlations

0.380.27-0.040.83-0.470.460.19-0.720.230.25-0.030.170.20.950.32-0.16-0.330.1-0.93-0.210.29-0.4-0.93-0.93-0.17
0.380.540.190.420.480.610.93-0.54-0.29-0.490.610.05-0.070.351.00.50.270.6-0.31-0.720.7-0.75-0.64-0.64-0.31
0.270.540.470.310.080.960.64-0.58-0.07-0.280.28-0.260.280.10.560.42-0.190.78-0.14-0.530.54-0.56-0.51-0.5-0.57
-0.040.190.470.140.00.490.29-0.490.25-0.45-0.17-0.640.24-0.250.220.69-0.150.310.31-0.490.54-0.46-0.13-0.13-0.53
0.830.420.310.14-0.30.440.28-0.640.04-0.050.130.120.010.730.350.16-0.110.31-0.74-0.430.48-0.56-0.84-0.84-0.23
-0.470.480.080.0-0.30.030.60.08-0.71-0.730.730.0-0.55-0.440.520.430.760.330.43-0.550.46-0.420.210.210.13
0.460.610.960.490.440.030.66-0.77-0.02-0.280.27-0.280.320.290.620.43-0.250.7-0.31-0.590.62-0.66-0.67-0.67-0.64
0.190.930.640.290.280.60.66-0.53-0.48-0.690.72-0.04-0.210.080.940.660.410.69-0.11-0.830.81-0.84-0.51-0.51-0.37
-0.72-0.54-0.58-0.49-0.640.08-0.77-0.53-0.010.31-0.20.25-0.13-0.53-0.52-0.370.16-0.40.520.66-0.750.790.840.840.43
0.23-0.29-0.070.250.04-0.71-0.02-0.48-0.010.72-0.93-0.020.70.27-0.3-0.36-0.76-0.44-0.20.58-0.480.47-0.05-0.05-0.28
0.25-0.49-0.28-0.45-0.05-0.73-0.28-0.690.310.72-0.740.40.490.4-0.52-0.85-0.65-0.54-0.40.87-0.830.760.040.040.13
-0.030.610.28-0.170.130.730.270.72-0.2-0.93-0.740.01-0.54-0.060.610.460.660.60.03-0.710.63-0.65-0.2-0.20.09
0.170.05-0.26-0.640.120.0-0.28-0.040.25-0.020.40.01-0.390.290.02-0.540.3-0.27-0.460.26-0.290.18-0.16-0.160.37
0.2-0.070.280.240.01-0.550.32-0.21-0.130.70.49-0.54-0.390.23-0.07-0.06-0.940.02-0.110.39-0.330.32-0.08-0.08-0.58
0.950.350.1-0.250.73-0.440.290.08-0.530.270.4-0.060.290.230.29-0.34-0.34-0.03-0.94-0.030.1-0.21-0.82-0.82-0.04
0.321.00.560.220.350.520.620.94-0.52-0.3-0.520.610.02-0.070.290.530.290.61-0.24-0.720.71-0.75-0.59-0.59-0.32
-0.160.50.420.690.160.430.430.66-0.37-0.36-0.850.46-0.54-0.06-0.340.530.260.560.35-0.760.74-0.68-0.11-0.11-0.54
-0.330.27-0.19-0.15-0.110.76-0.250.410.16-0.76-0.650.660.3-0.94-0.340.290.260.110.25-0.50.42-0.40.130.130.46
0.10.60.780.310.310.330.70.69-0.4-0.44-0.540.6-0.270.02-0.030.610.560.110.07-0.650.61-0.62-0.35-0.35-0.27
-0.93-0.31-0.140.31-0.740.43-0.31-0.110.52-0.2-0.40.03-0.46-0.11-0.94-0.240.350.250.070.03-0.10.230.840.840.12
-0.21-0.72-0.53-0.49-0.43-0.55-0.59-0.830.660.580.87-0.710.260.39-0.03-0.72-0.76-0.5-0.650.03-0.990.980.50.50.22
0.290.70.540.540.480.460.620.81-0.75-0.48-0.830.63-0.29-0.330.10.710.740.420.61-0.1-0.99-0.99-0.57-0.56-0.27
-0.4-0.75-0.56-0.46-0.56-0.42-0.66-0.840.790.470.76-0.650.180.32-0.21-0.75-0.68-0.4-0.620.230.98-0.990.660.660.27
-0.93-0.64-0.51-0.13-0.840.21-0.67-0.510.84-0.050.04-0.2-0.16-0.08-0.82-0.59-0.110.13-0.350.840.5-0.570.661.00.3
-0.93-0.64-0.5-0.13-0.840.21-0.67-0.510.84-0.050.04-0.2-0.16-0.08-0.82-0.59-0.110.13-0.350.840.5-0.560.661.00.3
-0.17-0.31-0.57-0.53-0.230.13-0.64-0.370.43-0.280.130.090.37-0.58-0.04-0.32-0.540.46-0.270.120.22-0.270.270.30.3
Click cells to compare fundamentals

AmeriServ Financial Account Relationship Matchups

AmeriServ Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding17.4M17.1M17.1M17.1M17.1M17.2M
Total Assets1.2B1.3B1.3B1.4B1.4B1.0B
Short Long Term Debt Total100.6M110.2M42.7M158.1M115.6M153.8M
Total Current Liabilities22.4M89.7M42.7M92.0M1.0B1.1B
Total Stockholder Equity98.6M104.4M116.5M104.0M102.3M113.5M
Property Plant And Equipment Net18.6M18.1M17.4M17.5M17.2M11.3M
Net Debt78.4M58.2M1.6M135.2M101.5M123.8M
Retained Earnings51.8M54.6M60.0M65.5M58.9M41.4M
Cash22.2M31.5M41.1M23.0M14.0M13.3M
Non Current Assets Total212.2M218.4M248.1M34.0M1.4B908.1M
Non Currrent Assets Other(4.0M)(1.6M)(248.1M)(241.4M)(50.0M)(47.5M)
Other Assets791.6M880.6M879.2M1.3B850K807.5K
Cash And Short Term Investments163.9M175.7M204.3M18.8M14.0M13.3M
Liabilities And Stockholders Equity1.2B1.3B1.3B1.4B1.4B1.0B
Non Current Liabilities Total78.2M89.4M73.8M1.2B1.2B850.5M
Other Stockholder Equity62.8M62.7M62.8M62.9M63.1M53.5M
Total Liab1.1B1.2B1.2B1.3B1.3B927.5M
Property Plant And Equipment Gross18.6M18.1M43.6M44.0M44.3M46.5M
Total Current Assets167.4M180.7M208.3M23.6M19.6M18.6M
Short Term Debt22.4M89.7M42.7M108.4M49.3M72.0M
Net Receivables3.4M5.1M4.0M4.8M5.5M5.5M
Other Current Liab(22.4M)(89.7M)(42.7M)(108.4M)(49.3M)(46.9M)
Inventory(26.5M)(36.6M)(46.1M)(28.7M)106.7M112.0M
Other Current Assets26.5M36.6M46.1M28.7M20.4M19.4M
Accumulated Other Comprehensive Income(16.2M)(13.2M)(6.5M)(22.5M)(20.0M)(19.0M)
Other Liab11.5M23.2M10.4M3.8M3.4M3.2M
Accounts Payable960.5M1.1B1.1B1.1B1.3B916.3M
Long Term Debt20.5M20.5M69.3M26.6M71.2M63.2M
Short Term Investments141.7M144.2M163.2M179.5M165.7M105.9M
Treasury Stock(78.2M)(80.6M)(83.1M)(83.3M)(75.0M)(78.7M)
Property Plant Equipment14.6M14.3M17.4M14.5M16.6M13.1M
Retained Earnings Total Equity46.7M51.8M54.6M65.5M75.3M38.7M
Net Tangible Assets86.7M92.5M102.8M92.6M106.5M96.2M
Capital Surpluse145.8M145.9M146.0M146.2M168.2M160.2M
Long Term Investments1.1B1.2B216.9M1.2B229.7M218.2M
Non Current Liabilities Other5.4M15.5M10.2M14.1M16.2M11.6M

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 AmeriServ Stock Analysis

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