Accent Good Will vs Common Stock Total Equity Analysis

AX1 Stock   2.47  0.08  3.35%   
Accent financial indicator trend analysis is way more than just evaluating Accent Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Accent Group is a good investment. Please check the relationship between Accent Good Will and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accent Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Good Will vs Common Stock Total Equity

Good Will vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accent Group Good Will account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Accent's Good Will and Common Stock Total Equity is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Accent Group, assuming nothing else is changed. The correlation between historical values of Accent's Good Will and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Accent Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Good Will i.e., Accent's Good Will and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Accent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Accent Group 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 Accent Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 363.9 M in 2024, whereas Tax Provision is likely to drop slightly above 22 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense16.5M20.6M27.8M29.2M
Depreciation And Amortization143.5M159.4M169.2M177.6M

Accent fundamental ratios Correlations

0.80.710.730.970.740.480.690.960.60.470.640.570.540.750.79-0.50.590.290.830.810.940.880.610.710.19
0.80.980.980.830.580.580.980.80.940.10.940.920.70.861.0-0.450.360.650.620.880.820.910.940.970.42
0.710.980.990.760.520.570.980.720.96-0.010.960.950.740.830.99-0.450.30.660.530.860.760.850.950.960.47
0.730.980.990.750.460.530.990.710.96-0.010.960.950.730.860.98-0.410.210.680.50.860.740.850.950.980.43
0.970.830.760.750.780.550.720.990.640.460.660.60.590.780.83-0.570.60.270.820.840.990.910.640.740.24
0.740.580.520.460.780.50.450.780.370.490.390.320.380.490.58-0.420.83-0.020.940.590.790.710.390.410.28
0.480.580.570.530.550.50.580.50.570.060.550.560.510.460.56-0.390.430.370.480.650.530.470.590.580.86
0.690.980.980.990.720.450.580.670.99-0.090.990.980.730.80.98-0.40.250.710.490.870.710.80.990.970.5
0.960.80.720.710.990.780.50.670.580.530.60.540.480.790.79-0.490.570.290.830.780.990.910.580.710.15
0.60.940.960.960.640.370.570.990.58-0.221.01.00.720.710.94-0.370.210.720.410.850.620.711.00.940.53
0.470.1-0.01-0.010.460.490.06-0.090.53-0.22-0.21-0.26-0.120.380.08-0.030.39-0.150.5-0.070.490.48-0.220.05-0.26
0.640.940.960.960.660.390.550.990.61.0-0.210.990.760.710.95-0.40.240.680.430.870.640.720.990.940.53
0.570.920.950.950.60.320.560.980.541.0-0.260.990.720.70.93-0.350.170.730.350.830.580.681.00.940.53
0.540.70.740.730.590.380.510.730.480.72-0.120.760.720.50.72-0.620.320.150.270.760.570.490.710.670.62
0.750.860.830.860.780.490.460.80.790.710.380.710.70.50.84-0.30.10.570.550.670.790.910.70.890.21
0.791.00.990.980.830.580.560.980.790.940.080.950.930.720.84-0.460.370.620.610.880.820.890.940.960.42
-0.5-0.45-0.45-0.41-0.57-0.42-0.39-0.4-0.49-0.37-0.03-0.4-0.35-0.62-0.3-0.46-0.440.12-0.44-0.66-0.57-0.38-0.38-0.35-0.32
0.590.360.30.210.60.830.430.250.570.210.390.240.170.320.10.37-0.44-0.150.790.430.590.450.240.170.3
0.290.650.660.680.27-0.020.370.710.290.72-0.150.680.730.150.570.620.12-0.150.120.390.260.520.720.760.25
0.830.620.530.50.820.940.480.490.830.410.50.430.350.270.550.61-0.440.790.120.640.810.770.430.470.19
0.810.880.860.860.840.590.650.870.780.85-0.070.870.830.760.670.88-0.660.430.390.640.810.730.850.810.51
0.940.820.760.740.990.790.530.710.990.620.490.640.580.570.790.82-0.570.590.260.810.810.910.630.730.22
0.880.910.850.850.910.710.470.80.910.710.480.720.680.490.910.89-0.380.450.520.770.730.910.710.860.17
0.610.940.950.950.640.390.590.990.581.0-0.220.991.00.710.70.94-0.380.240.720.430.850.630.710.940.55
0.710.970.960.980.740.410.580.970.710.940.050.940.940.670.890.96-0.350.170.760.470.810.730.860.940.42
0.190.420.470.430.240.280.860.50.150.53-0.260.530.530.620.210.42-0.320.30.250.190.510.220.170.550.42
Click cells to compare fundamentals

Accent Account Relationship Matchups

Accent fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding560.9M563.1M562.9M567.6M564.0M379.7M
Total Assets955.5M1.1B1.2B1.2B1.1B1.2B
Other Current Liab87.1M94.7M102.5M88.0M100.9M106.0M
Total Current Liabilities234.6M340.2M313.1M291.1M332.6M349.2M
Total Stockholder Equity408.5M429.0M440.2M441.2M418.8M221.1M
Cash54.9M34.1M49.7M29.7M28.1M28.9M
Other Current Assets4.5M4.8M30.7M10.1M11.9M6.1M
Total Liab547.0M683.2M775.6M713.3M729.1M765.6M
Short Long Term Debt Total401.5M485.0M600.3M558.3M542.2M569.3M
Other Liab4.4M4.9M5.5M6.0M6.9M8.9M
Property Plant And Equipment Net323.3M386.9M439.1M421.9M386.8M406.2M
Net Debt346.6M450.9M550.6M528.6M514.2M539.9M
Retained Earnings441K12.3M12.6M13.3M(6.0M)(6.3M)
Accounts Payable24.5M76.6M56.2M46.6M71.3M74.9M
Non Current Assets Total724.9M807.4M840.6M831.7M801.5M841.6M
Non Currrent Assets Other(311.5M)(319.0M)(319.2M)(322.6M)(1.0)(1.05)
Other Assets13.2M36.3M1.026.8M17.3M0.95
Long Term Debt71.1M61.1M149.1M139.4M253.9M266.6M
Cash And Short Term Investments54.9M34.1M49.7M29.7M28.1M29.2M
Net Receivables42.1M49.0M53.1M43.4M41.7M21.1M
Good Will311.5M319.0M319.2M322.6M323.6M164.4M
Liabilities And Stockholders Equity955.5M1.1B1.2B1.2B1.1B1.2B
Non Current Liabilities Total312.4M343.0M462.5M422.2M396.6M416.4M
Inventory129.1M216.9M241.6M239.6M264.8M278.1M
Other Stockholder Equity(1.3M)(310K)36.7M1.01.151.09
Property Plant And Equipment Gross330.7M695.9M890.0M1.0B1.2B1.2B
Total Current Assets230.6M304.8M375.2M322.9M346.5M363.8M
Accumulated Other Comprehensive Income18.5M26.0M36.7M37.0M33.8M35.5M
Short Term Debt93.5M146.8M143.3M142.1M148.7M156.1M
Intangible Assets365.0M372.7M374.7M382.2M60.4M103.1M
Property Plant Equipment330.7M386.9M439.1M421.9M485.2M509.5M
Current Deferred Revenue4.2M8.8M11.1M14.4M11.6M6.8M
Net Tangible Assets50.6M56.3M65.5M59.0M67.9M47.3M
Short Long Term Debt15M40M19.9M10.0M10.7M19.2M
Long Term Debt Total308.0M338.1M457.0M416.2M478.6M502.6M
Treasury Stock(4.9M)(2.6M)(1.3M)(310K)(356.5K)(374.3K)
Net Invested Capital495.3M530.1M609.2M590.5M683.4M596.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Accent Stock Analysis

When running Accent's price analysis, check to measure Accent's 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 Accent is operating at the current time. Most of Accent's value examination focuses on studying past and present price action to predict the probability of Accent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accent's price. Additionally, you may evaluate how the addition of Accent to your portfolios can decrease your overall portfolio volatility.