Associated Capital Financials

AC Stock  USD 32.71  0.10  0.31%   
Based on the analysis of Associated Capital's profitability, liquidity, and operating efficiency, Associated Capital Group is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. At present, Associated Capital's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 41.1 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 19 M. Key indicators impacting Associated Capital's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio19.0918.1836
Sufficiently Up
Slightly volatile
The financial analysis of Associated Capital is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Associated Capital includes many different criteria found on its balance sheet. For example, investors should never minimize Associated Capital's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Associated Capital's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Associated Capital.

Cash And Equivalents

243.24 Million

With this module, you can analyze Associated financials for your investing period. You should be able to track the changes in Associated Capital individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Associated Capital Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Associated Capital's financial statements are interrelated, with each one affecting the others. For example, an increase in Associated Capital's assets may result in an increase in income on the income statement.
Evaluating Associated Capital's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Associated Capital's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Associated Capital's relative financial performance

Chance Of Distress

Less than 40

 
100  
 
Zero
Below Average
Associated Capital Group has less than 40 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Associated Capital stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Associated Capital's odds of distress score SHOULD NOT be confused with the real chance of Associated Capital Group filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Associated is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Associated Capital's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Associated Capital's official financial statements usually reflect Associated Capital's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Associated Capital. For example, before you start analyzing numbers published by Associated accountants, it's critical to develop an understanding of what Associated Capital's liquidity, profitability, and earnings quality are in the context of the Capital Markets space in which it operates.
Please note, the presentation of Associated Capital's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Associated Capital's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Associated Capital's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Associated Capital Group. Please utilize our Beneish M Score to check the likelihood of Associated Capital's management manipulating its earnings.

Associated Capital Company Summary

Associated Capital competes with Diamond Hill, AllianceBernstein, Bank of New York, and Brookfield Corp. Associated Capital Group, Inc. provides investment advisory services in the United States. The company was founded in 1976 and is headquartered in Greenwich, Connecticut. Associated Capital operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 25 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001642122
ISINUS0455281065
CUSIP045528106
RegionNorth America
LocationNew York; U.S.A
Business Address191 Mason Street,
SectorCapital Markets
IndustryFinancials
BenchmarkNYSE Composite
Websitewww.associated-capital-group.com
Phone203 629 9595
CurrencyUSD - US Dollar
You should never invest in Associated Capital without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Associated Stock, because this is throwing your money away. Analyzing the key information contained in Associated Capital's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Associated Capital Key Financial Ratios

Generally speaking, Associated Capital's financial ratios allow both analysts and investors to convert raw data from Associated Capital's financial statements into concise, actionable information that can be used to evaluate the performance of Associated Capital over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Associated Capital reports annually and quarterly.

Associated Capital Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.2B1.2B927.7M943.8M1.0B
Other Current Liab38.4M42.3M38.0M16.6M20.3M28.9M
Other Liab22.0M28.9M25.9M14.9M13.4M20.6M
Net Debt(348.6M)(384.0M)(380.0M)(404.5M)(325.4M)(341.6M)
Accounts Payable14.9M6.5M9.3M7.8M4.5M4.2M
Cash348.6M384.0M380.0M404.5M325.4M355.0M
Other Assets8.5M1.1B636.1M1.8M614.3M645.0M
Net Receivables54.2M40.0M60.9M28.7M36.5M41.2M
Inventory(29.0M)(344.5M)(61.0M)(186.0M)(167.4M)(159.0M)
Total Liab69.7M66.3M65.5M27.3M30.7M49.5M
Total Current Assets402.8M599.0M616.0M433.2M451.0M455.6M
Net Tangible Assets892.9M895.4M935.3M896.9M1.0B928.2M
Retained Earnings(701K)13.6M68.4M15.1M48.2M50.6M
Short Term Debt16.3M17.6M12.9M2.9M2.6M2.5M
Warrants50.4M206.8M202.5M10.2M11.7M11.1M
Capital Surpluse1.0B1.0B999.0M990.1M899.1M801.6M
Other Current Assets(379.1M)(76.3M)(379.9M)(247.2M)(361.8M)(343.7M)
Treasury Stock(106.3M)(113.8M)(121.4M)(124.0M)(111.6M)(117.2M)

Associated Capital Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Associated Capital's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense217K180K310K216K462K595.7K
Total Revenue31.3M19.0M20.9M15.2M55.7M28.3M
Gross Profit1.5M(453K)(3.5M)(3.7M)49.9M52.4M
Operating Income(14.9M)(12.5M)(19.1M)48.0M26.1M27.4M
Ebit(14.9M)(12.5M)(19.1M)48.0M26.1M27.4M
Ebitda(72.4M)(46.3M)(107.7M)48.4M26.4M27.8M
Cost Of Revenue29.8M19.4M24.5M18.9M5.8M5.5M
Income Before Tax55.8M29.9M81.3M(60.5M)46.9M49.2M
Net Income39.1M18.8M59.2M(45.5M)37.5M39.3M
Income Tax Expense12.1M9.4M17.7M(14.9M)9.1M9.6M
Minority Interest51.4M209.3M(4.4M)(3.4M)(735K)(698.3K)
Tax Provision12.1M9.4M17.7M(14.9M)6.4M6.8M
Interest Income73.9M8.5M11.8M46.1M22.6M35.4M
Net Interest Income13.2M8.5M11.8M10.4M22.2M14.0M

Associated Capital Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Associated Capital. It measures of how well Associated is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Associated Capital brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Associated had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Associated Capital has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(63.7M)69.2M(56.5M)(287.9M)(259.1M)(246.2M)
Change In Cash(61.0M)(302.5M)289.1M(107.3M)104.1M109.3M
Free Cash Flow(50.9M)(290.5M)238.2M(70.6M)6.2M6.5M
Depreciation30K52K379K341K360K378K
Other Non Cash Items(25.9M)(3.9M)(13.0M)66.4M(46.5M)(44.2M)
Net Income42.8M20.5M63.6M(45.5M)37.5M39.3M
End Period Cash Flow348.8M39.5M328.6M221.3M325.4M288.9M
Change To Netincome(87.1M)(29.4M)174.6M(25.0M)(28.8M)(27.3M)
Investments871K(174.1M)65.3M1.9M2.5M2.6M
Dividends Paid4.5M6.7M4.4M4.4M(4.3M)(4.1M)

Associated Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Associated Capital's current stock value. Our valuation model uses many indicators to compare Associated Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Associated Capital competition to find correlations between indicators driving Associated Capital's intrinsic value. More Info.
Associated Capital Group is rated below average in debt to equity category among related companies. It is rated below average in cash and equivalents category among related companies creating about  3,676,936,364  of Cash And Equivalents per Debt To Equity. At present, Associated Capital's Cash And Equivalents is projected to decrease significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Associated Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Associated Capital's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Associated Capital's earnings, one of the primary drivers of an investment's value.

Associated Capital Systematic Risk

Associated Capital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Associated Capital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Associated Capital correlated with the market. If Beta is less than 0 Associated Capital generally moves in the opposite direction as compared to the market. If Associated Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Associated Capital is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Associated Capital is generally in the same direction as the market. If Beta > 1 Associated Capital moves generally in the same direction as, but more than the movement of the benchmark.

About Associated Capital Financials

What exactly are Associated Capital Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Associated Capital's income statement, its balance sheet, and the statement of cash flows. Potential Associated Capital investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Associated Capital investors may use each financial statement separately, they are all related. The changes in Associated Capital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Associated Capital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Associated Capital Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Associated Capital is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Associated has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Associated Capital's financials are consistent with your investment objective using the following steps:
  • Review Associated Capital's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Associated Capital's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Associated Capital's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Associated Capital's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Associated Capital Thematic Clasifications

Associated Capital Group is part of Trading investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Associated Capital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Associated Capital's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Associated Capital growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.11)

At present, Associated Capital's Price Earnings To Growth Ratio is projected to drop slightly based on the last few years of reporting.

Associated Capital March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Associated Capital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Associated Capital Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Associated Capital Group based on widely used predictive technical indicators. In general, we focus on analyzing Associated Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Associated Capital's daily price indicators and compare them against related drivers.
When determining whether Associated Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Associated Capital Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Capital Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Associated Capital information on this page should be used as a complementary analysis to other Associated Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Associated Capital'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 Associated Capital. If investors know Associated 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 Associated Capital 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
0.214
Dividend Share
0.2
Earnings Share
1.72
Revenue Per Share
0.583
Quarterly Revenue Growth
(0.25)
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital'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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital'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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital'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.