Accent Net Receivables vs Long Term Debt 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 Net Receivables and its Long Term Debt 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.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accent Group Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Accent's Net Receivables and Long Term Debt is 0.39. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt 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 Net Receivables 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 Net Receivables of Accent Group 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 Net Receivables i.e., Accent's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Long Term Debt

Long-term debt is a debt that Accent Group has held for over one year. Long-term debt appears on Accent Group 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 Accent Group 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 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
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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

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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.