Arthur Short Long Term Debt vs Capital Stock Analysis
AJG Stock | USD 238.72 0.18 0.08% |
Arthur J financial indicator trend analysis is way more than just evaluating Arthur J Gallagher prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arthur J Gallagher is a good investment. Please check the relationship between Arthur J Short Long Term Debt and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
Short Long Term Debt vs Capital Stock
Short Long Term Debt vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arthur J Gallagher Short Long Term Debt account and Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Arthur J's Short Long Term Debt and Capital Stock is -0.39. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Arthur J Gallagher, assuming nothing else is changed. The correlation between historical values of Arthur J's Short Long Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Arthur J Gallagher are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Short Long Term Debt i.e., Arthur J's Short Long Term Debt and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Most indicators from Arthur J's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arthur J Gallagher 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 Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. At this time, Arthur J's Tax Provision is most likely to increase significantly in the upcoming years. The Arthur J's current Enterprise Value is estimated to increase to about 3.9 B, while Selling General Administrative is projected to decrease to roughly 128.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.6B | 1.9B | 135.3M | 128.5M | Cost Of Revenue | 5.2B | 5.0B | 1.8B | 1.6B |
Arthur J fundamental ratios Correlations
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Arthur J Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arthur J fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.6B | 22.3B | 33.3B | 38.9B | 51.6B | 54.2B | |
Short Long Term Debt Total | 4.9B | 4.9B | 6.6B | 6.4B | 8.3B | 8.7B | |
Other Current Liab | 1.3B | 1.6B | 1.9B | 2.1B | 26.9B | 28.3B | |
Total Current Liabilities | 8.9B | 10.1B | 16.7B | 21.9B | 31.1B | 32.6B | |
Total Stockholder Equity | 5.2B | 6.2B | 8.5B | 9.1B | 10.8B | 11.3B | |
Property Plant And Equipment Net | 860.9M | 824.6M | 859.4M | 922.9M | 1.1B | 1.2B | |
Net Debt | 4.3B | 4.2B | 6.2B | 6.1B | 7.3B | 7.7B | |
Retained Earnings | 1.9B | 2.4B | 2.9B | 3.6B | 4.1B | 4.3B | |
Cash | 604.8M | 664.6M | 402.6M | 342.3M | 971.5M | 1.0B | |
Non Current Assets Total | 10.5B | 11.2B | 15.7B | 16.1B | 19.5B | 20.5B | |
Non Currrent Assets Other | 728.2M | 747.5M | 963.1M | 918.7M | 1.1B | 1.2B | |
Cash And Short Term Investments | 604.8M | 664.6M | 402.6M | 342.3M | 971.5M | 1.0B | |
Net Receivables | 5.4B | 6.4B | 11.8B | 16.4B | 3.8B | 2.2B | |
Good Will | 5.6B | 6.1B | 8.7B | 9.5B | 11.5B | 12.0B | |
Common Stock Shares Outstanding | 190.1M | 195M | 207.3M | 214.7M | 219.3M | 119.7M | |
Liabilities And Stockholders Equity | 19.6B | 22.3B | 33.3B | 38.9B | 51.6B | 54.2B | |
Non Current Liabilities Total | 5.5B | 6.0B | 8.0B | 7.8B | 9.7B | 10.2B | |
Other Current Assets | 1.1B | 1.1B | 1.5B | 1.5B | 281M | 385.0M | |
Other Stockholder Equity | 3.8B | 4.3B | 6.1B | 6.5B | 7.3B | 7.7B | |
Total Liab | 14.4B | 16.1B | 24.8B | 29.7B | 40.8B | 42.8B | |
Property Plant And Equipment Gross | 860.9M | 824.6M | 859.4M | 922.9M | 2.2B | 2.3B | |
Total Current Assets | 9.1B | 11.1B | 17.7B | 22.8B | 32.1B | 33.7B | |
Accumulated Other Comprehensive Income | (759.6M) | (643.6M) | (726.1M) | (1.1B) | (792.1M) | (752.5M) | |
Intangible Assets | 2.3B | 2.4B | 4.0B | 3.4B | 4.6B | 4.9B | |
Accounts Payable | 6.3B | 7.8B | 13.8B | 18.7B | 2.6B | 3.0B | |
Common Stock Total Equity | 188.1M | 193.7M | 208.5M | 211.9M | 243.7M | 143.3M | |
Common Stock | 188.1M | 193.7M | 208.5M | 211.9M | 216.7M | 147.1M | |
Other Liab | 1.3B | 1.4B | 1.9B | 2.0B | 2.3B | 2.4B | |
Other Assets | 1.7B | 2.2M | 2.2B | 2.3B | 2.6B | 2.8B | |
Property Plant Equipment | 467.4M | 450.7M | 859.4M | 922.9M | 1.1B | 1.1B | |
Inventory | 2.0B | 2.9B | 4.1B | 4.6B | 27.1B | 28.4B | |
Current Deferred Revenue | 434.1M | 475.6M | 520.9M | 546.7M | 644.7M | 676.9M | |
Long Term Debt | 3.8B | 4.3B | 5.8B | 5.6B | 7.0B | 7.4B | |
Short Term Debt | 790.6M | 278.6M | 473.4M | 551.9M | 959M | 1.0B | |
Net Tangible Assets | (2.8B) | (2.3B) | (4.1B) | (3.7B) | (3.3B) | (3.2B) | |
Noncontrolling Interest In Consolidated Entity | 60M | 46.5M | 51.7M | 46.6M | 53.6M | 37.6M | |
Retained Earnings Total Equity | 1.9B | 2.4B | 2.9B | 3.6B | 4.1B | 4.3B | |
Long Term Debt Total | 3.8B | 4.3B | 5.8B | 5.6B | 6.4B | 6.7B | |
Capital Surpluse | 3.8B | 4.3B | 6.1B | 6.5B | 7.5B | 7.9B |
Pair Trading with Arthur J
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arthur J position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arthur J will appreciate offsetting losses from the drop in the long position's value.Moving together with Arthur Stock
0.7 | ERIE | Erie Indemnity | PairCorr |
0.7 | AON | Aon PLC Sell-off Trend | PairCorr |
Moving against Arthur Stock
0.41 | ALIZY | Allianz SE ADR | PairCorr |
The ability to find closely correlated positions to Arthur J could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arthur J when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arthur J - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arthur J Gallagher to buy it.
The correlation of Arthur J is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arthur J moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arthur J Gallagher moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arthur J can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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Is Arthur J's industry 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 Arthur J. If investors know Arthur 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 Arthur J 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 0.223 | Dividend Share 2.25 | Earnings Share 4.91 | Revenue Per Share 46.639 | Quarterly Revenue Growth 0.199 |
The market value of Arthur J Gallagher is measured differently than its book value, which is the value of Arthur that is recorded on the company's balance sheet. Investors also form their own opinion of Arthur J's value that differs from its market value or its book value, called intrinsic value, which is Arthur J's 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 Arthur J's market value can be influenced by many factors that don't directly affect Arthur J's 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 Arthur J's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arthur J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arthur J's 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.