Allianz Non Current Assets Total vs Common Stock Shares Outstanding Analysis
ATT Stock | 398.00 4.00 1.02% |
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 Non Current Assets Total and its Common Stock Shares Outstanding 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.
Non Current Assets Total vs Common Stock Shares Outstanding
Non Current Assets Total vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allianz Technology Trust Non Current Assets Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Allianz Technology's Non Current Assets Total and Common Stock Shares Outstanding is 0.74. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Shares Outstanding 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 Non Current Assets Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Allianz Technology Trust are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Assets Total i.e., Allianz Technology's Non Current Assets Total and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 1.4 M, whereas Tax Provision is forecasted to decline to about 569.9 K.
Allianz Technology fundamental ratios Correlations
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Allianz Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 3.0M | 5.5M | |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.