Allianz Net Debt vs Short Term Investments Analysis

ATT Stock

404.00 6.00 1.51%

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

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allianz Technology Trust Net Debt account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.

The correlation between Allianz Technology's Net Debt and Short Term Investments is 0.31. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Allianz Technology Trust, assuming nothing else is changed. The correlation between historical values of Allianz Technology's Net Debt and Short Term Investments 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 Debt of Allianz Technology Trust are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Debt i.e., Allianz Technology's Net Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Investments

Short Term Investments is an item under the current assets section of Allianz Technology balance sheet. It contains any investments Allianz Technology Trust undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Allianz Technology Trust can easily liquidate in the marketplace.

Most indicators from Allianz Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allianz Technology Trust 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 Allianz Technology Trust. 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.

The current year's Selling General Administrative is expected to grow to about 8.1 M, whereas Tax Provision is forecasted to decline to about 569.9 K.

Allianz Technology fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Cash	Short Term Investments	Total Liab	Common Stock	Accounts Payable	Other Assets	Common Stock Shares Outstanding	Other Current Liab	Total Current Liabilities	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Retained Earnings	Inventory	Other Current Assets	Net Tangible Assets	Long Term Investments
Total Assets		1.0	-0.26	0.85	-0.56	0.15	0.85	-0.06	0.97	0.73	0.43	0.29	-0.83	1.0	-0.99	0.75	-0.04	0.79	0.3	0.97	0.76	0.96	-0.14	0.27	0.94	0.96
Total Stockholder Equity	1.0		-0.27	0.85	-0.56	0.13	0.85	-0.07	0.97	0.73	0.42	0.28	-0.83	1.0	-0.99	0.75	-0.05	0.79	0.28	0.97	0.76	0.96	-0.13	0.27	0.94	0.96
Other Liab	-0.26	-0.27		-0.21	0.11	0.23	-0.27	-0.19	-0.33	-0.68	-0.04	-0.06	0.23	-0.28	0.3	-0.22	-0.23	-0.26	-0.14	-0.21	-0.28	-0.22	-0.08	0.17	-0.25	-0.24
Cash	0.85	0.85	-0.21		-0.36	0.11	0.81	-0.03	0.88	0.75	0.45	0.26	-1.0	0.84	-0.88	0.95	-0.14	0.8	0.24	0.86	0.92	0.74	-0.23	-0.07	0.84	0.83
Short Term Investments	-0.56	-0.56	0.11	-0.36		0.13	-0.24	0.01	-0.42	-0.16	0.03	0.03	0.31	-0.56	0.51	-0.1	0.18	-0.15	0.05	-0.61	-0.08	-0.56	0.1	-0.19	-0.26	-0.34
Total Liab	0.15	0.13	0.23	0.11	0.13		0.12	0.35	0.2	-0.06	0.54	0.93	-0.11	0.13	-0.17	0.13	0.6	0.16	0.93	0.11	0.33	0.06	-0.18	-0.18	0.2	0.18
Common Stock	0.85	0.85	-0.27	0.81	-0.24	0.12		-0.08	0.86	0.8	0.45	0.28	-0.82	0.85	-0.88	0.85	-0.06	0.99	0.25	0.86	0.83	0.8	-0.2	0.19	0.91	0.94
Accounts Payable	-0.06	-0.07	-0.19	-0.03	0.01	0.35	-0.08		-0.01	0.0	-0.44	0.39	0.03	-0.07	0.05	-0.03	0.84	-0.06	0.42	-0.08	0.17	-0.16	-0.2	-0.53	-0.09	-0.09
Other Assets	0.97	0.97	-0.33	0.88	-0.42	0.2	0.86	-0.01		0.78	0.48	0.35	-0.88	0.97	-0.99	0.82	0.02	0.82	0.38	0.93	0.84	0.89	-0.11	0.12	0.96	0.95
Common Stock Shares Outstanding	0.73	0.73	-0.68	0.75	-0.16	-0.06	0.8	0.0	0.78		0.42	0.24	-0.78	0.74	-0.77	0.79	0.06	0.78	0.23	0.68	0.8	0.69	-0.09	0.06	0.78	0.78
Other Current Liab	0.43	0.42	-0.04	0.45	0.03	0.54	0.45	-0.44	0.48	0.42		0.63	-0.46	0.43	-0.47	0.48	-0.1	0.48	0.58	0.4	0.5	0.39	-0.04	0.15	0.5	0.48
Total Current Liabilities	0.29	0.28	-0.06	0.26	0.03	0.93	0.28	0.39	0.35	0.24	0.63		-0.27	0.29	-0.32	0.28	0.65	0.31	0.98	0.24	0.5	0.19	-0.17	-0.21	0.33	0.31
Net Debt	-0.83	-0.83	0.23	-1.0	0.31	-0.11	-0.82	0.03	-0.88	-0.78	-0.46	-0.27		-0.83	0.88	-0.97	0.13	-0.81	-0.25	-0.85	-0.93	-0.72	0.22	0.08	-0.84	-0.83
Non Current Assets Total	1.0	1.0	-0.28	0.84	-0.56	0.13	0.85	-0.07	0.97	0.74	0.43	0.29	-0.83		-0.99	0.75	-0.04	0.79	0.29	0.97	0.76	0.96	-0.13	0.27	0.94	0.96
Non Currrent Assets Other	-0.99	-0.99	0.3	-0.88	0.51	-0.17	-0.88	0.05	-0.99	-0.77	-0.47	-0.32	0.88	-0.99		-0.81	0.04	-0.84	-0.33	-0.96	-0.82	-0.93	0.14	-0.17	-0.95	-0.97
Cash And Short Term Investments	0.75	0.75	-0.22	0.95	-0.1	0.13	0.85	-0.03	0.82	0.79	0.48	0.28	-0.97	0.75	-0.81		-0.1	0.87	0.25	0.76	0.96	0.64	-0.21	-0.12	0.83	0.81
Net Receivables	-0.04	-0.05	-0.23	-0.14	0.18	0.6	-0.06	0.84	0.02	0.06	-0.1	0.65	0.13	-0.04	0.04	-0.1		-0.05	0.68	-0.12	0.17	-0.11	0.03	-0.31	0.0	-0.02
Common Stock Total Equity	0.79	0.79	-0.26	0.8	-0.15	0.16	0.99	-0.06	0.82	0.78	0.48	0.31	-0.81	0.79	-0.84	0.87	-0.05		0.29	0.81	0.85	0.73	-0.21	0.1	0.88	0.9
Non Current Liabilities Total	0.3	0.28	-0.14	0.24	0.05	0.93	0.25	0.42	0.38	0.23	0.58	0.98	-0.25	0.29	-0.33	0.25	0.68	0.29		0.24	0.48	0.18	-0.14	-0.25	0.34	0.31
Other Stockholder Equity	0.97	0.97	-0.21	0.86	-0.61	0.11	0.86	-0.08	0.93	0.68	0.4	0.24	-0.85	0.97	-0.96	0.76	-0.12	0.81	0.24		0.74	0.93	-0.22	0.27	0.89	0.92
Total Current Assets	0.76	0.76	-0.28	0.92	-0.08	0.33	0.83	0.17	0.84	0.8	0.5	0.5	-0.93	0.76	-0.82	0.96	0.17	0.85	0.48	0.74		0.63	-0.2	-0.17	0.85	0.82
Retained Earnings	0.96	0.96	-0.22	0.74	-0.56	0.06	0.8	-0.16	0.89	0.69	0.39	0.19	-0.72	0.96	-0.93	0.64	-0.11	0.73	0.18	0.93	0.63		-0.22	0.5	0.91	0.93
Inventory	-0.14	-0.13	-0.08	-0.23	0.1	-0.18	-0.2	-0.2	-0.11	-0.09	-0.04	-0.17	0.22	-0.13	0.14	-0.21	0.03	-0.21	-0.14	-0.22	-0.2	-0.22		-0.09	-0.13	-0.14
Other Current Assets	0.27	0.27	0.17	-0.07	-0.19	-0.18	0.19	-0.53	0.12	0.06	0.15	-0.21	0.08	0.27	-0.17	-0.12	-0.31	0.1	-0.25	0.27	-0.17	0.5	-0.09		0.27	0.29
Net Tangible Assets	0.94	0.94	-0.25	0.84	-0.26	0.2	0.91	-0.09	0.96	0.78	0.5	0.33	-0.84	0.94	-0.95	0.83	0.0	0.88	0.34	0.89	0.85	0.91	-0.13	0.27		0.99
Long Term Investments	0.96	0.96	-0.24	0.83	-0.34	0.18	0.94	-0.09	0.95	0.78	0.48	0.31	-0.83	0.96	-0.97	0.81	-0.02	0.9	0.31	0.92	0.82	0.93	-0.14	0.29	0.99

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Allianz Technology Account Relationship Matchups

Allianz Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	584.8M	1.3B	1.5B	941.5M	1.3B	1.4B
Total Stockholder Equity	583.4M	1.2B	1.5B	938.9M	1.3B	1.4B
Cash	15.4M	30.1M	46.0M	41.7M	34.3M	36.0M
Total Liab	1.4M	29.2M	2.8M	2.5M	3.0M	4.8M
Other Current Liab	1.4M	27.2M	2.8M	2.5M	3.0M	1.6M
Total Current Liabilities	1.4M	29.2M	2.8M	2.5M	6.0M	5.7M
Net Debt	(15.4M)	(30.1M)	(46.0M)	(41.7M)	(34.3M)	(32.6M)
Non Current Assets Total	567.9M	1.2B	1.4B	898.9M	1.3B	1.4B
Cash And Short Term Investments	15.4M	30.1M	46.0M	41.7M	34.3M	18.0M
Net Receivables	1.5M	7.8M	1.0M	787K	621K	590.0K
Liabilities And Stockholders Equity	584.8M	1.3B	1.5B	941.5M	1.3B	1.4B
Non Current Liabilities Total	1.4M	29.2M	2.8M	2.5M	3.0M	5.7M
Total Current Assets	16.9M	42.8M	47.1M	42.5M	35.0M	21.2M
Retained Earnings	413.5M	904.3M	1.1B	593.0M	972.8M	1.0B
Other Current Assets	31.2K	4.9M	81K	51K	69K	72.5K
Net Tangible Assets	583.4M	1.2B	1.5B	938.9M	1.1B	737.0M
Long Term Investments	567.9M	1.2B	1.4B	898.9M	1.3B	793.6M

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Other Information on Investing in Allianz Stock

Balance Sheet is a snapshot of the financial position of Allianz Technology Trust at a specified time, usually calculated after every quarter, six months, or one year. Allianz Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Allianz Technology 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 Allianz currently owns. An asset can also be divided into two categories, current and non-current.

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Allianz Net Debt vs Short Term Investments Analysis

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Short Term Investments

Allianz Technology fundamental ratios Correlations

Allianz Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Allianz Technology fundamental ratios Accounts

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Other Information on Investing in Allianz Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 0.99	Common Stock
Long Term Investments	+ 0.99	Net Tangible Assets
Non Current Liabilities Total	+ 0.98	Total Current Liabilities

Net Debt	- 1.0	Cash
Non Currrent Assets Other	- 0.99	Non Current Assets Total
Non Currrent Assets Other	- 0.99	Other Assets
Non Currrent Assets Other	- 0.99	Total Stockholder Equity
Non Currrent Assets Other	- 0.99	Total Assets
Long Term Investments	- 0.97	Non Currrent Assets Other