American Current Deferred Revenue vs Long Term Debt Analysis

AWR Stock

USD 85.39 0.36 0.42%

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

Current Deferred Revenue vs Long Term Debt

Current Deferred Revenue vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American States Water Current Deferred Revenue account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between American States' Current Deferred Revenue and Long Term Debt is -0.59. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of American States Water, assuming nothing else is changed. The correlation between historical values of American States' Current Deferred Revenue and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of American States Water are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., American States' Current Deferred Revenue and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Long Term Debt

Long-term debt is a debt that American States Water has held for over one year. Long-term debt appears on American States Water 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 American States Water 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.

Most indicators from American States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American States Water 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 States Water. 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 11/25/2024, Selling General Administrative is likely to drop to about 62.6 M. In addition to that, Discontinued Operations is likely to drop to about 3.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	377.8M	368.2M	449.5M	228.2M
Total Revenue	498.9M	491.5M	595.7M	302.3M

Gross Profit Total Revenue

American States fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Common Stock Shares Outstanding		0.68	0.31	0.82	0.3	0.61	0.58	0.28	0.42	0.65	0.26	0.64	-0.19	0.26	0.86	0.94	0.32	0.21	0.24	0.45	0.31	0.33	0.8	0.04	0.96	-0.53
Total Assets	0.68		0.68	0.35	0.62	0.81	0.98	0.67	0.76	0.94	0.03	1.0	-0.31	0.03	0.74	0.82	0.42	0.63	0.14	0.04	0.5	0.71	0.56	0.38	0.78	-0.74
Short Long Term Debt Total	0.31	0.68		0.04	0.47	0.44	0.7	1.0	0.97	0.59	-0.11	0.7	-0.07	-0.11	0.27	0.32	0.81	0.97	0.14	-0.56	0.88	0.99	0.19	0.34	0.26	-0.72
Other Current Liab	0.82	0.35	0.04		0.1	0.22	0.24	0.02	0.09	0.29	0.13	0.3	0.02	0.13	0.62	0.73	0.24	-0.1	0.48	0.43	0.19	0.04	0.67	-0.09	0.74	-0.18
Total Current Liabilities	0.3	0.62	0.47	0.1		0.58	0.65	0.49	0.5	0.75	-0.23	0.64	-0.52	-0.23	0.36	0.38	0.06	0.49	0.13	0.16	0.27	0.51	0.17	0.95	0.39	-0.58
Total Stockholder Equity	0.61	0.81	0.44	0.22	0.58		0.8	0.42	0.57	0.83	0.15	0.82	-0.4	0.15	0.59	0.69	-0.02	0.41	-0.25	0.32	0.07	0.48	0.36	0.37	0.71	-0.61
Property Plant And Equipment Net	0.58	0.98	0.7	0.24	0.65	0.8		0.69	0.79	0.94	-0.07	0.99	-0.36	-0.07	0.65	0.74	0.4	0.65	0.07	-0.01	0.49	0.73	0.42	0.42	0.7	-0.74
Net Debt	0.28	0.67	1.0	0.02	0.49	0.42	0.69		0.96	0.58	-0.19	0.69	-0.05	-0.19	0.25	0.29	0.8	0.98	0.19	-0.56	0.88	0.99	0.15	0.38	0.23	-0.73
Retained Earnings	0.42	0.76	0.97	0.09	0.5	0.57	0.79	0.96		0.7	-0.01	0.78	-0.16	-0.01	0.39	0.44	0.75	0.94	0.0	-0.4	0.82	0.98	0.26	0.34	0.39	-0.78
Accounts Payable	0.65	0.94	0.59	0.29	0.75	0.83	0.94	0.58	0.7		-0.02	0.94	-0.52	-0.02	0.66	0.77	0.26	0.56	0.01	0.2	0.38	0.64	0.43	0.52	0.76	-0.73
Cash	0.26	0.03	-0.11	0.13	-0.23	0.15	-0.07	-0.19	-0.01	-0.02		-0.03	0.02	1.0	0.26	0.2	-0.05	-0.11	-0.37	0.15	-0.12	-0.11	0.55	-0.32	0.2	0.12
Non Current Assets Total	0.64	1.0	0.7	0.3	0.64	0.82	0.99	0.69	0.78	0.94	-0.03		-0.33	-0.03	0.69	0.78	0.41	0.65	0.12	0.02	0.49	0.73	0.49	0.4	0.75	-0.74
Non Currrent Assets Other	-0.19	-0.31	-0.07	0.02	-0.52	-0.4	-0.36	-0.05	-0.16	-0.52	0.02	-0.33		0.02	-0.14	-0.25	0.2	-0.04	0.24	-0.31	0.09	-0.06	0.02	-0.47	-0.29	0.28
Cash And Short Term Investments	0.26	0.03	-0.11	0.13	-0.23	0.15	-0.07	-0.19	-0.01	-0.02	1.0	-0.03	0.02		0.26	0.2	-0.05	-0.11	-0.37	0.15	-0.12	-0.11	0.55	-0.32	0.2	0.12
Net Receivables	0.86	0.74	0.27	0.62	0.36	0.59	0.65	0.25	0.39	0.66	0.26	0.69	-0.14	0.26		0.92	0.26	0.21	0.19	0.39	0.27	0.31	0.87	0.13	0.9	-0.56
Common Stock Total Equity	0.94	0.82	0.32	0.73	0.38	0.69	0.74	0.29	0.44	0.77	0.2	0.78	-0.25	0.2	0.92		0.27	0.22	0.23	0.42	0.27	0.35	0.81	0.1	0.99	-0.55
Non Current Liabilities Total	0.32	0.42	0.81	0.24	0.06	-0.02	0.4	0.8	0.75	0.26	-0.05	0.41	0.2	-0.05	0.26	0.27		0.75	0.39	-0.61	0.98	0.78	0.31	-0.05	0.19	-0.52
Inventory	0.21	0.63	0.97	-0.1	0.49	0.41	0.65	0.98	0.94	0.56	-0.11	0.65	-0.04	-0.11	0.21	0.22	0.75		0.09	-0.58	0.84	0.98	0.13	0.4	0.16	-0.7
Other Current Assets	0.24	0.14	0.14	0.48	0.13	-0.25	0.07	0.19	0.0	0.01	-0.37	0.12	0.24	-0.37	0.19	0.23	0.39	0.09		-0.13	0.38	0.09	0.34	0.09	0.18	-0.09
Other Stockholder Equity	0.45	0.04	-0.56	0.43	0.16	0.32	-0.01	-0.56	-0.4	0.2	0.15	0.02	-0.31	0.15	0.39	0.42	-0.61	-0.58	-0.13		-0.6	-0.49	0.27	0.08	0.51	-0.03
Total Liab	0.31	0.5	0.88	0.19	0.27	0.07	0.49	0.88	0.82	0.38	-0.12	0.49	0.09	-0.12	0.27	0.27	0.98	0.84	0.38	-0.6		0.86	0.28	0.17	0.2	-0.61
Property Plant And Equipment Gross	0.33	0.71	0.99	0.04	0.51	0.48	0.73	0.99	0.98	0.64	-0.11	0.73	-0.06	-0.11	0.31	0.35	0.78	0.98	0.09	-0.49	0.86		0.19	0.39	0.29	-0.77
Total Current Assets	0.8	0.56	0.19	0.67	0.17	0.36	0.42	0.15	0.26	0.43	0.55	0.49	0.02	0.55	0.87	0.81	0.31	0.13	0.34	0.27	0.28	0.19		-0.04	0.78	-0.32
Short Term Debt	0.04	0.38	0.34	-0.09	0.95	0.37	0.42	0.38	0.34	0.52	-0.32	0.4	-0.47	-0.32	0.13	0.1	-0.05	0.4	0.09	0.08	0.17	0.39	-0.04		0.11	-0.43
Common Stock	0.96	0.78	0.26	0.74	0.39	0.71	0.7	0.23	0.39	0.76	0.2	0.75	-0.29	0.2	0.9	0.99	0.19	0.16	0.18	0.51	0.2	0.29	0.78	0.11		-0.53
Current Deferred Revenue	-0.53	-0.74	-0.72	-0.18	-0.58	-0.61	-0.74	-0.73	-0.78	-0.73	0.12	-0.74	0.28	0.12	-0.56	-0.55	-0.52	-0.7	-0.09	-0.03	-0.61	-0.77	-0.32	-0.43	-0.53

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American States Account Relationship Matchups

American States fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	37.0M	37.0M	37.0M	37.0M	37.1M	33.4M
Total Assets	1.6B	1.8B	1.9B	2.0B	2.2B	1.2B
Short Long Term Debt Total	552.2M	586.6M	629.0M	734.4M	917.9M	963.8M
Other Current Liab	42.0M	31.9M	34.2M	34.9M	37.2M	34.4M
Total Current Liabilities	116.0M	118.6M	155.6M	396.5M	166.6M	120.2M
Total Stockholder Equity	882.5M	1.1B	1.1B	1.2B	776.1M	537.0M
Property Plant And Equipment Net	1.4B	1.5B	1.7B	1.8B	1.9B	987.7M
Net Debt	498.6M	549.8M	624.1M	728.4M	903.8M	949.0M
Retained Earnings	346.0M	385.0M	427.5M	449.4M	512.9M	538.6M
Accounts Payable	55.6M	63.8M	65.9M	84.8M	68.7M	37.6M
Cash	1.3M	36.7M	5.0M	6.0M	14.1M	12.0M
Non Current Assets Total	1.5B	1.6B	1.8B	1.9B	2.0B	1.1B
Non Currrent Assets Other	(554.5M)	(640.4M)	95.0M	(858.2M)	95.8M	100.6M
Cash And Short Term Investments	1.3M	36.7M	5.0M	6.0M	14.1M	12.0M
Net Receivables	88.4M	93.1M	102.3M	99.3M	123.4M	67.9M
Common Stock Total Equity	250.1M	253.7M	255.6M	256.7M	295.2M	158.1M
Liabilities And Stockholders Equity	1.6B	1.8B	1.9B	2.0B	2.2B	1.2B
Non Current Liabilities Total	642.8M	591.0M	647.3M	481.8M	1.3B	1.4B
Inventory	6.4M	8.6M	12.2M	14.6M	17.6M	18.5M
Other Current Assets	20.9M	18.6M	18.7M	31.3M	50.9M	29.6M
Other Stockholder Equity	561.9M	281.0M	440.3M	412.2M	446.5M	0.0
Total Liab	758.8M	709.6M	802.9M	878.3M	1.5B	1.5B
Property Plant And Equipment Gross	1.5B	1.6B	2.1B	2.2B	2.6B	2.7B
Total Current Assets	122.5M	157.1M	138.1M	151.3M	206.0M	119.3M
Short Term Debt	7.2M	2.4M	33.4M	257.8M	44.2M	41.1M
Common Stock	255.6M	256.7M	258.4M	260.2M	263.2M	154.4M
Current Deferred Revenue	11.2M	1.8M	257K	903K	1.4M	1.3M
Other Liab	431.1M	447.2M	463.9M	451.7M	519.4M	307.9M
Other Assets	80.1M	1.6B	116.0M	19.2M	22.1M	21.0M
Long Term Debt	545.0M	574.5M	586.7M	468.5M	867.1M	910.4M
Property Plant Equipment	1.4B	1.5B	(553.5M)	(569.3M)	(654.7M)	(622.0M)
Net Tangible Assets	881.4M	1.1B	1.1B	1.2B	1.3B	795.2M
Long Term Debt Total	545.0M	574.5M	586.7M	468.5M	538.8M	441.6M
Deferred Long Term Liab	126.6M	132.4M	141.4M	150.8M	173.4M	90.7M
Non Current Liabilities Other	252.2M	324.4M	331.3M	309.0M	233.3M	274.4M

Pair Trading with American States

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American States position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American States will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

0.5	ES	Eversource Energy	Pair Corr
0.33	FE	FirstEnergy	Pair Corr

The ability to find closely correlated positions to American States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American States when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American States - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American States Water to buy it.

The correlation of American States is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American States Water moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for American States can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for American Stock Analysis

When running American States' price analysis, check to measure American States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American States is operating at the current time. Most of American States' value examination focuses on studying past and present price action to predict the probability of American States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American States' price. Additionally, you may evaluate how the addition of American States to your portfolios can decrease your overall portfolio volatility.

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