AXIS Long Term Debt vs Operating Income Analysis

AXS Stock

USD 89.21 1.10 1.25%

AXIS Capital financial indicator trend analysis is way more than just evaluating AXIS Capital Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXIS Capital Holdings is a good investment. Please check the relationship between AXIS Capital Long Term Debt and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Long Term Debt vs Operating Income

Long Term Debt vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXIS Capital Holdings Long Term Debt account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AXIS Capital's Long Term Debt and Operating Income is -0.32. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Operating Income in the same time period over historical financial statements of AXIS Capital Holdings, assuming nothing else is changed. The correlation between historical values of AXIS Capital's Long Term Debt and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of AXIS Capital Holdings are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Long Term Debt i.e., AXIS Capital's Long Term Debt and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that AXIS Capital Holdings has held for over one year. Long-term debt appears on AXIS Capital Holdings 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 AXIS Capital Holdings 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.

Operating Income

Operating Income is the amount of profit realized from AXIS Capital Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of AXIS Capital Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from AXIS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXIS Capital Holdings 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 AXIS Capital Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At this time, AXIS Capital's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 100.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	5.3B	5.1B	5.6B	4.1B
Total Revenue	5.3B	5.1B	5.6B	4.1B

Gross Profit Total Revenue

AXIS Capital fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Current Liab	Total Current Liabilities	Net Debt	Cash And Short Term Investments	Other Current Assets	Short Long Term Debt Total	Long Term Debt	Good Will
Total Assets		0.62	0.33	0.91	0.67	0.31	0.7	-0.15	-0.08	0.78	0.85	-0.87	0.41	-0.88	0.99	0.85	0.73	0.84	-0.21	0.07	0.68	0.55	0.33	0.74	0.86	0.91
Total Stockholder Equity	0.62		0.04	0.8	0.05	0.34	0.18	-0.19	-0.07	0.26	0.69	-0.4	0.48	-0.51	0.5	0.69	0.06	0.69	0.3	0.39	0.27	0.62	-0.28	0.49	0.41	0.29
Other Liab	0.33	0.04		0.18	0.64	0.04	0.69	0.52	0.04	0.62	0.46	-0.27	-0.3	-0.31	0.36	0.1	0.21	0.47	-0.54	-0.07	0.44	-0.07	0.28	0.25	0.37	0.34
Retained Earnings	0.91	0.8	0.18		0.44	0.42	0.46	-0.22	-0.06	0.62	0.84	-0.82	0.55	-0.86	0.86	0.84	0.48	0.83	0.05	0.25	0.46	0.69	0.09	0.74	0.71	0.71
Accounts Payable	0.67	0.05	0.64	0.44		0.29	0.92	0.38	0.14	0.93	0.6	-0.74	-0.18	-0.74	0.73	0.44	0.74	0.6	-0.62	-0.13	0.56	0.07	0.53	0.55	0.69	0.79
Cash	0.31	0.34	0.04	0.42	0.29		0.07	0.3	0.7	0.26	0.47	-0.44	0.02	-0.47	0.29	0.17	0.34	0.47	0.43	0.71	-0.37	0.19	-0.46	0.32	0.39	0.36
Non Current Assets Total	0.7	0.18	0.69	0.46	0.92	0.07		0.32	-0.12	0.92	0.64	-0.68	-0.13	-0.69	0.74	0.5	0.64	0.65	-0.76	-0.28	0.74	0.13	0.62	0.54	0.68	0.75
Non Currrent Assets Other	-0.15	-0.19	0.52	-0.22	0.38	0.3	0.32		0.6	0.3	0.27	0.07	-0.75	0.03	-0.13	-0.48	-0.11	0.29	-0.23	0.4	-0.28	-0.49	-0.25	-0.17	-0.17	-0.05
Other Assets	-0.08	-0.07	0.04	-0.06	0.14	0.7	-0.12	0.6		0.08	0.16	-0.05	-0.28	-0.08	-0.07	-0.28	0.12	0.17	0.48	0.8	-0.59	-0.12	-0.65	-0.17	-0.08	0.06
Net Receivables	0.78	0.26	0.62	0.62	0.93	0.26	0.92	0.3	0.08		0.71	-0.85	0.08	-0.86	0.81	0.57	0.67	0.71	-0.54	-0.07	0.61	0.37	0.47	0.61	0.7	0.8
Common Stock Total Equity	0.85	0.69	0.46	0.84	0.6	0.47	0.64	0.27	0.16	0.71		-0.68	0.1	-0.73	0.81	0.56	0.43	1.0	-0.12	0.41	0.4	0.33	-0.01	0.59	0.65	0.71
Common Stock Shares Outstanding	-0.87	-0.4	-0.27	-0.82	-0.74	-0.44	-0.68	0.07	-0.05	-0.85	-0.68		-0.4	0.99	-0.88	-0.75	-0.77	-0.68	0.24	-0.02	-0.51	-0.58	-0.4	-0.8	-0.81	-0.86
Short Term Investments	0.41	0.48	-0.3	0.55	-0.18	0.02	-0.13	-0.75	-0.28	0.08	0.1	-0.4		-0.39	0.36	0.62	0.18	0.09	0.36	-0.04	0.26	0.92	0.03	0.35	0.34	0.24
Other Stockholder Equity	-0.88	-0.51	-0.31	-0.86	-0.74	-0.47	-0.69	0.03	-0.08	-0.86	-0.73	0.99	-0.39		-0.88	-0.79	-0.71	-0.74	0.2	-0.08	-0.51	-0.61	-0.32	-0.8	-0.8	-0.83
Total Liab	0.99	0.5	0.36	0.86	0.73	0.29	0.74	-0.13	-0.07	0.81	0.81	-0.88	0.36	-0.88		0.81	0.79	0.8	-0.29	0.01	0.7	0.5	0.41	0.73	0.87	0.95
Total Current Assets	0.85	0.69	0.1	0.84	0.44	0.17	0.5	-0.48	-0.28	0.57	0.56	-0.75	0.62	-0.79	0.81		0.59	0.56	-0.08	-0.13	0.68	0.71	0.34	0.67	0.74	0.69
Intangible Assets	0.73	0.06	0.21	0.48	0.74	0.34	0.64	-0.11	0.12	0.67	0.43	-0.77	0.18	-0.71	0.79	0.59		0.43	-0.31	-0.12	0.54	0.25	0.48	0.56	0.85	0.93
Common Stock	0.84	0.69	0.47	0.83	0.6	0.47	0.65	0.29	0.17	0.71	1.0	-0.68	0.09	-0.74	0.8	0.56	0.43		-0.13	0.41	0.4	0.33	-0.01	0.59	0.65	0.7
Other Current Liab	-0.21	0.3	-0.54	0.05	-0.62	0.43	-0.76	-0.23	0.48	-0.54	-0.12	0.24	0.36	0.2	-0.29	-0.08	-0.31	-0.13		0.72	-0.66	0.27	-0.86	-0.22	-0.29	-0.33
Total Current Liabilities	0.07	0.39	-0.07	0.25	-0.13	0.71	-0.28	0.4	0.8	-0.07	0.41	-0.02	-0.04	-0.08	0.01	-0.13	-0.12	0.41	0.72		-0.58	0.08	-0.87	-0.06	-0.07	-0.01
Net Debt	0.68	0.27	0.44	0.46	0.56	-0.37	0.74	-0.28	-0.59	0.61	0.4	-0.51	0.26	-0.51	0.7	0.68	0.54	0.4	-0.66	-0.58		0.32	0.76	0.52	0.68	0.63
Cash And Short Term Investments	0.55	0.62	-0.07	0.69	0.07	0.19	0.13	-0.49	-0.12	0.37	0.33	-0.58	0.92	-0.61	0.5	0.71	0.25	0.33	0.27	0.08	0.32		0.0	0.45	0.45	0.37
Other Current Assets	0.33	-0.28	0.28	0.09	0.53	-0.46	0.62	-0.25	-0.65	0.47	-0.01	-0.4	0.03	-0.32	0.41	0.34	0.48	-0.01	-0.86	-0.87	0.76	0.0		0.36	0.43	0.45
Short Long Term Debt Total	0.74	0.49	0.25	0.74	0.55	0.32	0.54	-0.17	-0.17	0.61	0.59	-0.8	0.35	-0.8	0.73	0.67	0.56	0.59	-0.22	-0.06	0.52	0.45	0.36		0.76	0.67
Long Term Debt	0.86	0.41	0.37	0.71	0.69	0.39	0.68	-0.17	-0.08	0.7	0.65	-0.81	0.34	-0.8	0.87	0.74	0.85	0.65	-0.29	-0.07	0.68	0.45	0.43	0.76		0.91
Good Will	0.91	0.29	0.34	0.71	0.79	0.36	0.75	-0.05	0.06	0.8	0.71	-0.86	0.24	-0.83	0.95	0.69	0.93	0.7	-0.33	-0.01	0.63	0.37	0.45	0.67	0.91

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AXIS Capital Account Relationship Matchups

AXIS Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.6B	25.9B	27.4B	27.6B	28.3B	20.2B
Total Stockholder Equity	5.5B	5.3B	5.4B	4.6B	5.3B	5.4B
Other Liab	10.9B	1.4B	1.8B	12.9B	14.8B	15.6B
Retained Earnings	6.1B	5.8B	6.2B	6.2B	6.4B	4.7B
Accounts Payable	1.3B	1.1B	1.3B	1.6B	1.8B	1.9B
Cash	1.2B	902.8M	844.6M	751.4M	1.4B	1.3B
Non Current Assets Total	13.5B	13.3B	14.0B	13.1B	16.5B	17.4B
Non Currrent Assets Other	(13.5B)	(13.3B)	(14.0B)	(13.1B)	15.0B	15.8B
Other Assets	(9.1B)	(8.2B)	(8.2B)	(6.9B)	10.8B	11.4B
Net Receivables	7.4B	7.7B	8.4B	9.2B	10.1B	10.6B
Common Stock Shares Outstanding	84.5M	84.3M	85.3M	85.7M	86.0M	96.2M
Short Term Investments	12.5B	12.2B	12.3B	11.4B	17.2M	16.4M
Liabilities And Stockholders Equity	25.6B	25.9B	27.4B	27.6B	28.3B	20.2B
Other Stockholder Equity	(1.5B)	(1.4B)	(1.4B)	(1.4B)	(1.4B)	(1.3B)
Total Liab	20.1B	20.6B	22.0B	23.0B	23.1B	14.8B
Total Current Assets	21.1B	20.8B	21.5B	21.4B	11.8B	16.4B
Intangible Assets	230.6M	219.6M	208.7M	197.8M	186.9M	115.3M
Other Current Liab	(1.3B)	(2.0B)	(2.5B)	(1.6B)	(1.8B)	(1.7B)
Total Current Liabilities	1.3B	1.1B	1.3B	1.5B	18.3B	10.3B
Net Debt	682.6M	547.1M	585.9M	744.9M	138.6M	145.6M
Cash And Short Term Investments	13.7B	13.1B	13.2B	12.1B	5.3B	8.8B
Other Current Assets	9.0B	9.4B	9.7B	10.5B	1.9B	1.8B
Accumulated Other Comprehensive Income	171.7M	414.4M	56.5M	(760.3M)	(365.8M)	(347.5M)
Short Long Term Debt Total	1.9B	1.4B	1.4B	1.5B	1.5B	1.2B
Long Term Debt	1.8B	1.3B	1.3B	1.3B	1.4B	1.1B
Non Current Liabilities Total	1.9B	1.4B	1.4B	1.5B	25.0B	26.2B
Treasury Stock	(3.8B)	(3.8B)	(3.8B)	(3.7B)	(3.4B)	(3.5B)
Inventory	(9.0B)	(9.4B)	(9.7B)	(10.5B)	(15.4B)	(14.6B)
Net Tangible Assets	4.4B	4.4B	4.6B	3.8B	3.4B	3.7B
Retained Earnings Total Equity	5.9B	6.1B	5.8B	6.2B	7.1B	5.7B
Long Term Debt Total	1.8B	1.3B	1.3B	1.3B	1.5B	1.3B
Capital Surpluse	2.3B	2.3B	2.3B	2.4B	2.7B	2.5B
Long Term Investments	14.4B	14.3B	13.6B	12.7B	13.7B	15.0B
Non Current Liabilities Other	17.6B	18.2B	19.2B	20.6B	23.7B	16.8B

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