American Total Assets vs Net Tangible Assets Analysis

AWK Stock  USD 138.79  0.90  0.65%   
American Water financial indicator trend analysis is way more than just evaluating American Water Works prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Water Works is a good investment. Please check the relationship between American Water Total Assets and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Water Works. 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.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Water Works Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between American Water's Total Assets and Net Tangible Assets is 0.61. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of American Water Works, assuming nothing else is changed. The correlation between historical values of American Water's Total Assets and Net Tangible 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 Total Assets of American Water Works are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., American Water's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of American Water 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 American Water Works 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from American Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Water Works 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 American Water Works. 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.
Issuance Of Capital Stock is expected to rise to about 1.8 B this year, although the value of Selling General Administrative will most likely fall to about 1.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.2B2.5B1.3B
Total Revenue3.9B3.8B4.2B2.2B

American Water fundamental ratios Correlations

0.990.750.680.981.00.990.640.611.00.120.650.940.561.00.880.090.851.00.970.860.47-0.440.380.68-0.67
0.990.740.70.960.991.00.670.630.990.070.660.910.530.990.870.090.80.990.960.890.5-0.470.380.73-0.63
0.750.740.470.760.750.730.490.570.750.240.60.80.440.740.710.490.670.740.760.660.34-0.160.280.37-0.53
0.680.70.470.540.670.710.30.420.67-0.330.360.690.670.680.40.250.50.730.560.70.91-0.490.260.58-0.58
0.980.960.760.540.980.960.650.60.980.210.660.930.50.970.930.050.870.960.970.790.33-0.370.40.61-0.64
1.00.990.750.670.980.990.670.611.00.090.650.940.530.990.90.060.830.990.970.850.46-0.460.360.69-0.65
0.991.00.730.710.960.990.680.610.990.050.640.910.530.990.870.080.791.00.970.890.5-0.480.360.75-0.63
0.640.670.490.30.650.670.680.580.63-0.190.640.47-0.20.630.79-0.270.190.620.770.670.11-0.76-0.120.80.13
0.610.630.570.420.60.610.610.580.590.10.990.490.090.60.550.120.390.610.570.790.38-0.47-0.030.38-0.17
1.00.990.750.670.981.00.990.630.590.120.640.950.571.00.880.080.860.990.970.850.47-0.420.390.67-0.68
0.120.070.24-0.330.210.090.05-0.190.10.120.140.160.270.130.070.420.40.070.090.11-0.50.630.4-0.36-0.35
0.650.660.60.360.660.650.640.640.990.640.140.530.060.630.640.040.440.630.630.770.29-0.47-0.010.39-0.17
0.940.910.80.690.930.940.910.470.490.950.160.530.670.930.810.260.90.930.890.740.52-0.270.390.53-0.78
0.560.530.440.670.50.530.53-0.20.090.570.270.060.670.580.250.440.770.580.40.390.520.20.720.1-0.93
1.00.990.740.680.970.990.990.630.61.00.130.630.930.580.860.10.841.00.960.870.47-0.420.40.68-0.68
0.880.870.710.40.930.90.870.790.550.880.070.640.810.250.86-0.120.690.840.950.670.22-0.430.290.73-0.39
0.090.090.490.250.050.060.08-0.270.120.080.420.040.260.440.1-0.120.240.110.020.240.260.370.29-0.19-0.41
0.850.80.670.50.870.830.790.190.390.860.40.440.90.770.840.690.240.830.750.590.350.020.590.27-0.91
1.00.990.740.730.960.991.00.620.610.990.070.630.930.581.00.840.110.830.950.880.53-0.460.370.69-0.68
0.970.960.760.560.970.970.970.770.570.970.090.630.890.40.960.950.020.750.950.810.33-0.480.340.75-0.52
0.860.890.660.70.790.850.890.670.790.850.110.770.740.390.870.670.240.590.880.810.51-0.540.210.66-0.45
0.470.50.340.910.330.460.50.110.380.47-0.50.290.520.520.470.220.260.350.530.330.51-0.420.070.44-0.47
-0.44-0.47-0.16-0.49-0.37-0.46-0.48-0.76-0.47-0.420.63-0.47-0.270.2-0.42-0.430.370.02-0.46-0.48-0.54-0.420.33-0.65-0.2
0.380.380.280.260.40.360.36-0.12-0.030.390.4-0.010.390.720.40.290.290.590.370.340.210.070.330.12-0.66
0.680.730.370.580.610.690.750.80.380.67-0.360.390.530.10.680.73-0.190.270.690.750.660.44-0.650.12-0.12
-0.67-0.63-0.53-0.58-0.64-0.65-0.630.13-0.17-0.68-0.35-0.17-0.78-0.93-0.68-0.39-0.41-0.91-0.68-0.52-0.45-0.47-0.2-0.66-0.12
Click cells to compare fundamentals

American Water Account Relationship Matchups

American Water fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.7B24.8B26.1B27.8B30.3B31.8B
Short Long Term Debt Total9.5B11.0B11.1B12.5B12.4B13.1B
Other Current Liab302M1.0B1.1B1.1B1.1B1.2B
Total Current Liabilities2.0B2.9B2.1B2.8B2.2B1.2B
Total Stockholder Equity6.1B6.5B7.3B7.7B9.8B10.3B
Property Plant And Equipment Net18.3B19.8B21.2B23.3B25.5B26.8B
Net Debt9.5B10.5B10.9B12.4B12.1B12.7B
Retained Earnings(207M)102M925M1.3B1.7B1.7B
Cash60M547M116M85M330M346.5M
Non Current Assets Total21.4B22.9B24.5B26.5B28.9B30.4B
Non Currrent Assets Other1.5B1.5B2.2B(495M)2.1B2.2B
Cash And Short Term Investments60M547M116M85M426M447.3M
Net Receivables466M527M568M609M641M673.1M
Liabilities And Stockholders Equity22.7B24.8B26.1B27.8B30.3B31.8B
Non Current Liabilities Total14.5B15.4B16.6B17.3B18.4B19.3B
Inventory44M47M57M98M112M117.6M
Other Current Assets118M774M776M359M210M218.3M
Other Stockholder Equity6.4B6.4B6.4B6.4B8.2B8.6B
Total Liab16.6B18.3B18.8B20.1B20.5B21.5B
Property Plant And Equipment Gross18.3B19.8B27.5B29.8B32.3B33.9B
Total Current Assets1.3B1.9B1.6B1.3B1.4B1.5B
Accumulated Other Comprehensive Income(36M)(49M)(45M)(23M)(26M)(27.3M)
Short Term Debt814M1.6B641M1.5B654M552.7M
Accounts Payable203M189M235M254M294M151.4M
Current Deferred Revenue726M729M965M2.4B951M998.6M
Other Liab5.8B6.0B6.2B6.3B7.2B3.6B
Other Assets1.5B1.5B2.2B1.4B1.6B1.3B
Long Term Debt8.6B9.3B10.3B10.9B11.7B6.9B
Short Term Investments8M11M17M67M62M65.1M
Property Plant Equipment18.2B19.7B21.2B6.5B7.5B14.0B
Treasury Stock(297M)(338M)(348M)(365M)(419.8M)(440.7M)
Good Will1.5B1.5B1.1B1.1B1.3B1.4B
Net Tangible Assets6.1B6.5B10.1B10.5B12.1B6.4B
Retained Earnings Total Equity(207M)102M925M1.3B1.5B1.5B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether American Water Works is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Water Works Stock. Highlighted below are key reports to facilitate an investment decision about American Water Works Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Water Works. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Water Utilities 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 American Water. If investors know American 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 American Water 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
0.084
Dividend Share
2.945
Earnings Share
5.04
Revenue Per Share
23.124
Quarterly Revenue Growth
0.134
The market value of American Water Works is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Water's value that differs from its market value or its book value, called intrinsic value, which is American Water'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 American Water's market value can be influenced by many factors that don't directly affect American Water'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 American Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Water'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.