Armstrong Long Term Debt vs Long Term Investments Analysis
AWI Stock | USD 157.09 2.68 1.74% |
Armstrong World financial indicator trend analysis is way more than just evaluating Armstrong World Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Armstrong World Indu is a good investment. Please check the relationship between Armstrong World Long Term Debt and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Long Term Debt vs Long Term Investments
Long Term Debt vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Armstrong World Indu Long Term Debt account and Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Armstrong World's Long Term Debt and Long Term Investments is 0.29. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Armstrong World Industries, assuming nothing else is changed. The correlation between historical values of Armstrong World's Long Term Debt and Long 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 Long Term Debt of Armstrong World Industries are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Long Term Debt i.e., Armstrong World's Long Term Debt and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Armstrong World Indu has held for over one year. Long-term debt appears on Armstrong World Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Armstrong World Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Long Term Investments
Long Term Investments is an item on the asset side of Armstrong World balance sheet that represents investments Armstrong World Indu intends to hold for over a year. Armstrong World Industries long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Armstrong World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Armstrong World Indu 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 Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. As of now, Armstrong World's Enterprise Value Multiple is decreasing as compared to previous years. The Armstrong World's current Enterprise Value is estimated to increase to about 1.4 B, while Tax Provision is projected to decrease to under 42.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 405.6M | 449.1M | 497M | 481.3M | Total Revenue | 1.1B | 1.2B | 1.3B | 1.8B |
Armstrong World fundamental ratios Correlations
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Armstrong World Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Armstrong World fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.7B | 1.7B | 1.7B | 1.7B | 2.2B | |
Short Long Term Debt Total | 646.1M | 755.7M | 671.6M | 687M | 640.4M | 591.2M | |
Total Stockholder Equity | 364.9M | 450.9M | 519.7M | 535M | 591.8M | 501.5M | |
Net Debt | 600.8M | 618.8M | 573.5M | 581M | 569.6M | 378.3M | |
Other Assets | 164.3M | 261M | 845.3M | 142.6M | 128.3M | 121.9M | |
Common Stock Shares Outstanding | 52.1M | 49.5M | 47.9M | 46.4M | 44.8M | 51.7M | |
Liabilities And Stockholders Equity | 1.5B | 1.7B | 1.7B | 1.7B | 1.7B | 2.2B | |
Non Current Liabilities Total | 973.2M | 1.1B | 980.7M | 969.5M | 886.1M | 841.8M | |
Other Stockholder Equity | (267.8M) | (310.2M) | (382.7M) | (535.4M) | (650.7M) | (618.2M) | |
Total Liab | 1.1B | 1.3B | 1.2B | 1.2B | 1.1B | 1.0B | |
Other Current Liab | 64.3M | 48.4M | 69.1M | 67.5M | 68.8M | 58.5M | |
Total Current Liabilities | 155.2M | 172.3M | 209.6M | 182.7M | 194.5M | 309.7M | |
Property Plant And Equipment Net | 524.6M | 529.9M | 542.8M | 554.4M | 618.2M | 763.2M | |
Retained Earnings | 1.0B | 869.8M | 1.0B | 1.2B | 1.3B | 1.4B | |
Accounts Payable | 79.4M | 81.3M | 105.8M | 105M | 91M | 86.5M | |
Cash | 45.3M | 136.9M | 98.1M | 106M | 70.8M | 67.3M | |
Non Current Assets Total | 1.2B | 1.4B | 1.4B | 1.3B | 1.4B | 1.7B | |
Non Currrent Assets Other | 190.5M | 876.8M | 845.3M | 400K | 134.1M | 127.4M | |
Cash And Short Term Investments | 45.3M | 136.9M | 98.1M | 106M | 70.8M | 67.3M | |
Net Receivables | 115.1M | 80.6M | 110.5M | 114.2M | 111.8M | 195.8M | |
Inventory | 68.5M | 81.5M | 90.2M | 110M | 104M | 98.8M | |
Other Current Assets | 1.4M | 12.8M | 23.1M | 26.3M | 26.4M | 14.3M | |
Property Plant And Equipment Gross | 559.9M | 569.5M | 542.8M | 554.4M | 1.2B | 781.1M | |
Total Current Assets | 244.4M | 311.8M | 321.9M | 356.5M | 313M | 297.4M | |
Accumulated Other Comprehensive Income | (376.1M) | (109.3M) | (109.6M) | (100.1M) | (104.7M) | (109.9M) | |
Short Term Debt | 11.5M | 38.6M | 32.8M | 8.1M | 32.4M | 32.3M | |
Good Will | 53M | 160.7M | 167M | 167.3M | 175.5M | 193.0M | |
Intangible Assets | 411.9M | 457.9M | 421.4M | 407.7M | 412.4M | 411.5M | |
Other Liab | 323M | 1.1B | 980.7M | 290.6M | 261.5M | 248.5M | |
Long Term Debt | 604.5M | 690.5M | 606.4M | 651.1M | 564.3M | 740.1M | |
Treasury Stock | (692.2M) | (823.5M) | (863.9M) | (944M) | (849.6M) | (807.1M) | |
Property Plant Equipment | 559.9M | 529.9M | 542.8M | 554.4M | 499.0M | 659.1M | |
Net Tangible Assets | (100M) | (167.3M) | (68.7M) | (40M) | (36M) | (34.2M) | |
Long Term Debt Total | 604.5M | 690.5M | 606.4M | 651.1M | 586.0M | 654.8M |
Currently Active Assets on Macroaxis
When determining whether Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Armstrong World. If investors know Armstrong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Armstrong World listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.122 | Dividend Share 1.148 | Earnings Share 5.67 | Revenue Per Share 31.742 | Quarterly Revenue Growth 0.113 |
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.