Andrews Sale Purchase Of Stock vs Depreciation Analysis

ASY Stock   512.50  5.00  0.97%   
Andrews Sykes financial indicator trend analysis is way more than just evaluating Andrews Sykes Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andrews Sykes Group is a good investment. Please check the relationship between Andrews Sykes Sale Purchase Of Stock and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Andrews Sykes 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 bureau of economic analysis.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andrews Sykes Group Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Andrews Sykes' Sale Purchase Of Stock and Depreciation is -0.57. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation in the same time period over historical financial statements of Andrews Sykes Group, assuming nothing else is changed. The correlation between historical values of Andrews Sykes' Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Andrews Sykes Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., Andrews Sykes' Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of Andrews Sykes Group value has been used up. For tax purposes Andrews Sykes can deduct the cost of the tangible assets it purchases as business expenses. However, Andrews Sykes Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Andrews Sykes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andrews Sykes 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 Andrews Sykes 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 bureau of economic analysis.
As of December 2, 2024, Selling General Administrative is expected to decline to about 9.2 M. In addition to that, Tax Provision is expected to decline to about 4.3 M
 2021 2022 2023 2024 (projected)
Interest Expense599K610K759K1.1M
Depreciation And Amortization9.7M9.6M8.8M6.1M

Andrews Sykes fundamental ratios Correlations

0.590.860.720.940.9-0.420.960.690.780.930.610.88-0.780.50.630.590.260.020.770.240.96-0.06-0.780.73-0.78
0.590.530.570.340.720.280.390.180.350.710.260.36-0.390.580.880.40.38-0.280.860.480.450.33-0.390.43-0.39
0.860.530.780.720.83-0.210.740.70.540.850.530.69-0.710.460.660.270.250.230.820.510.78-0.12-0.710.73-0.71
0.720.570.780.530.63-0.170.610.710.510.670.430.58-0.770.370.50.230.270.290.830.550.70.41-0.760.81-0.76
0.940.340.720.530.77-0.620.970.640.830.810.590.91-0.710.350.370.610.12-0.030.51-0.060.95-0.17-0.710.6-0.72
0.90.720.830.630.77-0.10.790.540.550.990.40.59-0.560.620.780.630.450.080.830.450.74-0.09-0.560.57-0.56
-0.420.28-0.21-0.17-0.62-0.1-0.59-0.5-0.8-0.14-0.28-0.640.60.20.27-0.190.13-0.130.090.39-0.60.210.61-0.480.61
0.960.390.740.610.970.79-0.590.70.810.840.610.89-0.780.390.460.640.190.040.610.10.97-0.15-0.780.71-0.78
0.690.180.70.710.640.54-0.50.70.580.560.330.62-0.810.220.290.190.350.460.550.370.73-0.19-0.810.82-0.81
0.780.350.540.510.830.55-0.80.810.580.590.440.86-0.810.160.270.430.09-0.080.43-0.120.860.0-0.820.7-0.82
0.930.710.850.670.810.99-0.140.840.560.590.530.66-0.60.630.780.610.380.050.840.420.79-0.06-0.590.59-0.59
0.610.260.530.430.590.4-0.280.610.330.440.530.67-0.370.320.350.09-0.24-0.150.440.00.620.09-0.370.32-0.37
0.880.360.690.580.910.59-0.640.890.620.860.660.67-0.770.260.350.39-0.04-0.160.52-0.110.96-0.04-0.780.66-0.78
-0.78-0.39-0.71-0.77-0.71-0.560.6-0.78-0.81-0.81-0.6-0.37-0.77-0.17-0.4-0.34-0.24-0.16-0.65-0.29-0.850.021.0-0.981.0
0.50.580.460.370.350.620.20.390.220.160.630.320.26-0.170.670.320.740.260.620.450.36-0.05-0.160.22-0.16
0.630.880.660.50.370.780.270.460.290.270.780.350.35-0.40.670.360.47-0.070.90.660.46-0.07-0.390.48-0.39
0.590.40.270.230.610.63-0.190.640.190.430.610.090.39-0.340.320.360.24-0.140.35-0.030.52-0.04-0.350.28-0.35
0.260.380.250.270.120.450.130.190.350.090.38-0.24-0.04-0.240.740.470.240.520.440.580.15-0.2-0.230.33-0.23
0.02-0.280.230.29-0.030.08-0.130.040.46-0.080.05-0.15-0.16-0.160.26-0.07-0.140.520.10.52-0.01-0.21-0.150.27-0.14
0.770.860.820.830.510.830.090.610.550.430.840.440.52-0.650.620.90.350.440.10.710.650.16-0.640.72-0.63
0.240.480.510.55-0.060.450.390.10.37-0.120.420.0-0.11-0.290.450.66-0.030.580.520.710.080.0-0.270.47-0.26
0.960.450.780.70.950.74-0.60.970.730.860.790.620.96-0.850.360.460.520.15-0.010.650.08-0.06-0.850.77-0.86
-0.060.33-0.120.41-0.17-0.090.21-0.15-0.190.0-0.060.09-0.040.02-0.05-0.07-0.04-0.2-0.210.160.0-0.060.02-0.010.02
-0.78-0.39-0.71-0.76-0.71-0.560.61-0.78-0.81-0.82-0.59-0.37-0.781.0-0.16-0.39-0.35-0.23-0.15-0.64-0.27-0.850.02-0.971.0
0.730.430.730.810.60.57-0.480.710.820.70.590.320.66-0.980.220.480.280.330.270.720.470.77-0.01-0.97-0.97
-0.78-0.39-0.71-0.76-0.72-0.560.61-0.78-0.81-0.82-0.59-0.37-0.781.0-0.16-0.39-0.35-0.23-0.14-0.63-0.26-0.860.021.0-0.97
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Andrews Sykes Account Relationship Matchups

Andrews Sykes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets93.9M85.8M97.3M96.2M77.6M61.6M
Short Long Term Debt Total15.7M16.3M15.9M11.3M15.4M11.8M
Other Current Liab8.3M9.4M10.3M12.4M13.4M7.6M
Total Current Liabilities17.4M16.6M19.5M20.0M21.2M20.3M
Total Stockholder Equity63.5M56.0M63.6M64.7M40.5M26.7M
Property Plant And Equipment Net36.1M35.2M33.3M29.0M33.3M21.1M
Net Debt(12.1M)(7.7M)(16.5M)(9.2M)(4.6M)(4.3M)
Retained Earnings59.4M51.4M60.0M59.9M36.0M37.9M
Accounts Payable4.7M2.9M3.3M4.3M4.5M4.1M
Cash27.9M24.0M32.4M20.5M20.0M13.9M
Non Current Assets Total38.3M36.5M39.4M34.6M35.0M23.7M
Non Currrent Assets Other2.0M540K5.9M5.4M1.6M1.7M
Cash And Short Term Investments27.9M24.0M32.4M37.2M20.0M14.7M
Common Stock Shares Outstanding42.3M42.2M42.2M42.2M42.0M39.9M
Liabilities And Stockholders Equity93.9M85.8M97.3M96.2M77.6M61.4M
Non Current Liabilities Total13.0M13.2M14.3M11.5M15.9M12.9M
Inventory6.3M8.0M5.7M4.4M2.4M4.5M
Other Current Assets21.3M17.3M1.5M1.6M20.2M21.2M
Total Liab30.4M29.8M33.7M31.5M37.1M33.2M
Property Plant And Equipment Gross36.1M35.2M33.3M29.0M104.1M109.3M
Total Current Assets55.5M49.3M57.9M61.6M42.5M37.9M
Short Term Debt2.8M3.1M5.6M2.5M2.4M4.0M
Accumulated Other Comprehensive Income3.6M4.2M3.2M4.4M4.0M4.2M
Net Receivables21.3M17.3M18.3M18.4M18.4M17.3M
Net Tangible Assets63.5M56.0M63.6M64.7M74.4M59.2M
Other Assets20.7M18.4M6.1M5.6M5.0M4.8M
Property Plant Equipment17.6M18.1M33.3M29.0M33.4M35.1M
Capital Lease Obligations11.8M12.8M12.9M11.3M15.4M8.9M
Net Invested Capital67.5M59.5M66.6M64.7M40.5M48.1M
Net Working Capital38.2M32.7M38.4M41.6M21.3M27.6M

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Other Information on Investing in Andrews Stock

Balance Sheet is a snapshot of the financial position of Andrews Sykes Group at a specified time, usually calculated after every quarter, six months, or one year. Andrews Sykes Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Andrews Sykes and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Andrews currently owns. An asset can also be divided into two categories, current and non-current.