Accent Property Plant And Equipment Net vs Non Currrent Assets Other 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 Property Plant And Equipment Net and its Non Currrent Assets Other 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.

Property Plant And Equipment Net vs Non Currrent Assets Other

Property Plant And Equipment Net vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Accent Group Property Plant And Equipment Net account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Accent's Property Plant And Equipment Net and Non Currrent Assets Other is -0.4. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Currrent Assets Other 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 Property Plant And Equipment Net and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Accent Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Net i.e., Accent's Property Plant And Equipment Net and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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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