Acushnet Inventory vs Other Assets Analysis

GOLF Stock  USD 71.39  2.29  3.31%   
Acushnet Holdings financial indicator trend analysis is way more than just evaluating Acushnet Holdings Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acushnet Holdings Corp is a good investment. Please check the relationship between Acushnet Holdings Inventory and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Acushnet Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Inventory vs Other Assets

Inventory vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acushnet Holdings Corp Inventory account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Acushnet Holdings' Inventory and Other Assets is -0.92. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Assets in the same time period over historical financial statements of Acushnet Holdings Corp, assuming nothing else is changed. The correlation between historical values of Acushnet Holdings' Inventory and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Acushnet Holdings Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Inventory i.e., Acushnet Holdings' Inventory and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Inventory

Other Assets

Most indicators from Acushnet Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acushnet Holdings Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Acushnet Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Acushnet Holdings' Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Acushnet Holdings' current Enterprise Value is estimated to increase to about 5.2 B, while Selling General Administrative is projected to decrease to roughly 462.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense7.7M13.3M43.6M27.6M
Depreciation And Amortization41.2M41.7M51.4M46.9M

Acushnet Holdings fundamental ratios Correlations

0.33-0.710.450.280.74-0.660.75-0.180.5-0.690.540.350.29-0.320.34-0.53-0.80.29-0.010.480.75-0.78-0.810.470.31
0.33-0.180.590.290.53-0.650.520.540.41-0.230.790.930.350.550.32-0.78-0.140.350.430.810.52-0.52-0.230.910.48
-0.71-0.18-0.450.08-0.90.72-0.90.5-0.610.98-0.58-0.29-0.490.53-0.540.350.91-0.490.13-0.49-0.850.850.95-0.28-0.46
0.450.59-0.450.580.5-0.530.5-0.030.29-0.470.620.610.380.070.41-0.42-0.490.380.040.370.51-0.42-0.520.60.3
0.280.290.080.58-0.030.02-0.040.1-0.080.030.190.30.180.030.05-0.14-0.250.18-0.09-0.03-0.010.0-0.190.30.11
0.740.53-0.90.5-0.03-0.921.0-0.160.71-0.890.80.590.47-0.280.58-0.68-0.790.470.050.760.97-0.97-0.860.630.53
-0.66-0.650.72-0.530.02-0.92-0.93-0.13-0.580.68-0.76-0.64-0.240.03-0.40.850.6-0.24-0.15-0.79-0.960.920.71-0.8-0.28
0.750.52-0.90.5-0.041.0-0.93-0.120.7-0.890.760.570.46-0.250.51-0.68-0.790.460.040.750.98-0.97-0.870.620.51
-0.180.540.5-0.030.1-0.16-0.13-0.12-0.050.49-0.040.32-0.190.82-0.47-0.40.47-0.190.250.26-0.030.090.410.43-0.1
0.50.41-0.610.29-0.080.71-0.580.7-0.05-0.60.580.380.29-0.060.63-0.45-0.540.290.40.690.68-0.66-0.560.410.51
-0.69-0.230.98-0.470.03-0.890.68-0.890.49-0.6-0.62-0.38-0.650.54-0.580.310.89-0.650.21-0.49-0.810.820.92-0.27-0.61
0.540.79-0.580.620.190.8-0.760.76-0.040.58-0.620.880.5-0.020.77-0.73-0.470.50.30.840.7-0.74-0.550.820.62
0.350.93-0.290.610.30.59-0.640.570.320.38-0.380.880.580.280.51-0.7-0.210.580.220.750.53-0.54-0.290.840.65
0.290.35-0.490.380.180.47-0.240.46-0.190.29-0.650.50.58-0.270.45-0.01-0.431.0-0.40.290.34-0.35-0.430.120.92
-0.320.550.530.070.03-0.280.03-0.250.82-0.060.54-0.020.28-0.27-0.37-0.280.53-0.270.60.27-0.210.230.490.37-0.12
0.340.32-0.540.410.050.58-0.40.51-0.470.63-0.580.770.510.45-0.37-0.26-0.390.450.210.480.44-0.46-0.410.360.56
-0.53-0.780.35-0.42-0.14-0.680.85-0.68-0.4-0.450.31-0.73-0.7-0.01-0.28-0.260.33-0.01-0.45-0.84-0.710.740.43-0.92-0.13
-0.8-0.140.91-0.49-0.25-0.790.6-0.790.47-0.540.89-0.47-0.21-0.430.53-0.390.33-0.430.15-0.39-0.760.790.99-0.25-0.39
0.290.35-0.490.380.180.47-0.240.46-0.190.29-0.650.50.581.0-0.270.45-0.01-0.43-0.40.290.34-0.35-0.430.120.92
-0.010.430.130.04-0.090.05-0.150.040.250.40.210.30.22-0.40.60.21-0.450.15-0.40.510.03-0.130.120.44-0.11
0.480.81-0.490.37-0.030.76-0.790.750.260.69-0.490.840.750.290.270.48-0.84-0.390.290.510.7-0.75-0.470.80.51
0.750.52-0.850.51-0.010.97-0.960.98-0.030.68-0.810.70.530.34-0.210.44-0.71-0.760.340.030.7-0.96-0.840.660.38
-0.78-0.520.85-0.420.0-0.970.92-0.970.09-0.660.82-0.74-0.54-0.350.23-0.460.740.79-0.35-0.13-0.75-0.960.86-0.66-0.42
-0.81-0.230.95-0.52-0.19-0.860.71-0.870.41-0.560.92-0.55-0.29-0.430.49-0.410.430.99-0.430.12-0.47-0.840.86-0.35-0.4
0.470.91-0.280.60.30.63-0.80.620.430.41-0.270.820.840.120.370.36-0.92-0.250.120.440.80.66-0.66-0.350.25
0.310.48-0.460.30.110.53-0.280.51-0.10.51-0.610.620.650.92-0.120.56-0.13-0.390.92-0.110.510.38-0.42-0.40.25
Click cells to compare fundamentals

Acushnet Holdings Account Relationship Matchups

Acushnet Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding75.8M75.1M75.3M72.6M67.5M68.9M
Total Assets1.8B1.9B2.0B2.2B2.2B2.1B
Short Long Term Debt Total402.3M333.9M315.0M567.8M794.1M432.9M
Other Current Liab185.2M169.1M232.3M285.2M185.7M212.3M
Total Current Liabilities359.1M357.7M483.0M548.6M451.1M349.3M
Total Stockholder Equity919.2M984.1M1.0B939.1M864.2M855.1M
Other Liab140.7M177.9M141.9M89.5M80.5M136.4M
Net Tangible Assets223.6M295.4M367.1M195.0M224.3M235.5M
Property Plant And Equipment Net231.6M222.8M231.8M254.5M384.2M279.8M
Current Deferred Revenue34.3M38.3M80.1M47.6M58.0M49.6M
Net Debt368.1M182.5M33.3M508.9M728.7M365.1M
Retained Earnings151.0M199.8M325.0M473.1M159.9M129.9M
Accounts Payable102.3M112.9M163.6M167.0M150.5M126.1M
Cash34.2M151.5M281.7M58.9M65.4M93.3M
Non Current Assets Total1.1B1.1B1.0B1.1B1.2B1.2B
Non Currrent Assets Other66.7M75.1M66.8M80.7M21.7M20.6M
Other Assets103.4M155.2M129.1M72.0M64.8M105.0M
Long Term Debt330.7M313.6M297.4M527.5M671.8M357.6M
Cash And Short Term Investments34.2M151.5M281.7M58.9M65.4M93.3M
Net Receivables215.4M201.5M174.4M216.7M201.4M214.9M
Good Will214.1M215.2M210.4M224.8M225.3M223.7M
Liabilities And Stockholders Equity1.8B1.9B2.0B2.2B2.2B2.1B
Non Current Liabilities Total506.3M491.5M439.2M661.8M832.7M500.4M
Inventory398.4M357.7M413.3M674.7M615.5M453.8M
Other Current Assets94.8M172.0M187.8M108.8M114.4M123.3M
Other Stockholder Equity879.4M880.3M817.4M575.5M808.6M794.3M
Total Liab865.4M849.2M922.3M1.2B1.3B849.6M
Property Plant And Equipment Gross231.6M222.8M529.9M579.7M651.1M377.7M
Short Long Term Debt71.6M20.3M17.6M40.3M29.3M27.9M
Total Current Assets742.8M799.8M969.2M1.1B996.7M868.1M
Accumulated Other Comprehensive Income(112.0M)(96.2M)(99.6M)(109.7M)(104.3M)(109.6M)
Short Term Debt71.6M34.7M29.8M55.5M68.5M74.2M
Intangible Assets480.8M473.5M465.3M525.9M537.4M543.5M
Property Plant Equipment276.0M222.8M231.8M312.1M358.9M276.4M
Long Term Debt Total330.7M313.6M297.4M527.5M606.6M409.2M
Capital Surpluse910.5M925.4M948.4M960.7M1.1B926.8M
Noncontrolling Interest In Consolidated Entity32.4M33.3M37.4M37.6M43.3M37.5M

Currently Active Assets on Macroaxis

When determining whether Acushnet Holdings Corp is a strong investment it is important to analyze Acushnet Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Acushnet Holdings' future performance. For an informed investment choice regarding Acushnet Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Acushnet Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acushnet Holdings. If investors know Acushnet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acushnet Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.047
Dividend Share
0.84
Earnings Share
3
Revenue Per Share
37.851
Quarterly Revenue Growth
0.046
The market value of Acushnet Holdings Corp is measured differently than its book value, which is the value of Acushnet that is recorded on the company's balance sheet. Investors also form their own opinion of Acushnet Holdings' value that differs from its market value or its book value, called intrinsic value, which is Acushnet Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acushnet Holdings' market value can be influenced by many factors that don't directly affect Acushnet Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acushnet Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acushnet Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acushnet Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.