American Total Permanent Equity vs Total Assets Analysis

AAT Stock

USD 21.56 0.11 0.51%

American Assets financial indicator trend analysis is way more than just evaluating American Assets Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Assets Trust is a good investment. Please check the relationship between American Assets Total Permanent Equity and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Permanent Equity vs Total Assets

Total Permanent Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Assets Trust Total Permanent Equity account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between American Assets' Total Permanent Equity and Total Assets is 0.72. Overlapping area represents the amount of variation of Total Permanent Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of American Assets Trust, assuming nothing else is changed. The correlation between historical values of American Assets' Total Permanent Equity and Total 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 Total Permanent Equity of American Assets Trust are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Permanent Equity i.e., American Assets' Total Permanent Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Permanent Equity

Total Assets

Total assets refers to the total amount of American Assets assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in American Assets Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from American Assets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Assets Trust 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 American Assets Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

At this time, American Assets' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 18.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	58.6M	58.2M	64.7M	58.0M
Depreciation And Amortization	115.9M	122.7M	119.5M	82.3M

Interest Expense Depreciation And Amortization

American Assets fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Net Tangible Assets
Common Stock Shares Outstanding		0.79	0.85	-0.39	0.58	0.71	0.62	-0.45	0.85	0.7	0.43	0.78	0.71	0.87	0.82	0.34	0.63	-0.19	0.83	-0.72	0.68	0.85	-0.45	0.54	0.45	0.74
Total Assets	0.79		0.96	-0.63	0.57	0.98	0.77	-0.51	0.94	0.95	0.61	1.0	0.89	0.72	0.95	0.52	0.49	-0.26	0.96	-0.86	0.94	0.97	-0.51	0.57	0.79	0.92
Short Long Term Debt Total	0.85	0.96		-0.62	0.52	0.89	0.66	-0.49	0.99	0.89	0.52	0.95	0.85	0.78	0.99	0.42	0.64	-0.3	0.99	-0.83	0.85	1.0	-0.49	0.61	0.68	0.89
Other Current Liab	-0.39	-0.63	-0.62		-0.31	-0.62	-0.38	0.3	-0.61	-0.58	-0.33	-0.62	-0.5	-0.61	-0.61	-0.28	-0.6	0.37	-0.61	0.75	-0.54	-0.61	0.3	-0.43	-0.58	-0.76
Total Current Liabilities	0.58	0.57	0.52	-0.31		0.57	0.6	-0.48	0.51	0.6	0.28	0.59	0.61	0.46	0.42	0.2	0.09	-0.37	0.44	-0.5	0.53	0.54	-0.48	0.08	0.5	0.49
Total Stockholder Equity	0.71	0.98	0.89	-0.62	0.57		0.8	-0.49	0.85	0.94	0.65	0.98	0.87	0.64	0.87	0.56	0.36	-0.26	0.89	-0.85	0.97	0.91	-0.49	0.51	0.82	0.91
Other Liab	0.62	0.77	0.66	-0.38	0.6	0.8		-0.37	0.59	0.76	0.79	0.77	0.67	0.59	0.61	0.72	0.17	0.12	0.66	-0.74	0.77	0.69	-0.37	0.49	0.79	0.63
Property Plant And Equipment Net	-0.45	-0.51	-0.49	0.3	-0.48	-0.49	-0.37		-0.54	-0.49	0.1	-0.56	-0.84	-0.24	-0.46	0.25	-0.13	0.45	-0.46	0.36	-0.33	-0.5	1.0	0.29	-0.23	-0.4
Net Debt	0.85	0.94	0.99	-0.61	0.51	0.85	0.59	-0.54		0.87	0.41	0.93	0.85	0.76	0.99	0.32	0.66	-0.33	0.98	-0.79	0.8	0.99	-0.54	0.55	0.63	0.87
Accounts Payable	0.7	0.95	0.89	-0.58	0.6	0.94	0.76	-0.49	0.87		0.59	0.95	0.85	0.65	0.88	0.5	0.43	-0.31	0.89	-0.81	0.91	0.92	-0.49	0.52	0.83	0.86
Cash	0.43	0.61	0.52	-0.33	0.28	0.65	0.79	0.1	0.41	0.59		0.57	0.32	0.48	0.5	0.98	0.15	0.1	0.54	-0.67	0.71	0.54	0.1	0.76	0.67	0.58
Non Current Assets Total	0.78	1.0	0.95	-0.62	0.59	0.98	0.77	-0.56	0.93	0.95	0.57		0.92	0.69	0.93	0.48	0.46	-0.28	0.95	-0.84	0.93	0.96	-0.56	0.5	0.77	0.91
Non Currrent Assets Other	0.71	0.89	0.85	-0.5	0.61	0.87	0.67	-0.84	0.85	0.85	0.32	0.92		0.53	0.82	0.19	0.31	-0.38	0.83	-0.68	0.76	0.86	-0.84	0.17	0.61	0.77
Other Assets	0.87	0.72	0.78	-0.61	0.46	0.64	0.59	-0.24	0.76	0.65	0.48	0.69	0.53		0.76	0.42	0.83	-0.12	0.77	-0.86	0.66	0.78	-0.24	0.7	0.6	0.76
Long Term Debt	0.82	0.95	0.99	-0.61	0.42	0.87	0.61	-0.46	0.99	0.88	0.5	0.93	0.82	0.76		0.42	0.67	-0.27	1.0	-0.81	0.83	0.99	-0.46	0.63	0.67	0.88
Cash And Short Term Investments	0.34	0.52	0.42	-0.28	0.2	0.56	0.72	0.25	0.32	0.5	0.98	0.48	0.19	0.42	0.42		0.11	0.2	0.45	-0.58	0.64	0.45	0.25	0.76	0.61	0.48
Net Receivables	0.63	0.49	0.64	-0.6	0.09	0.36	0.17	-0.13	0.66	0.43	0.15	0.46	0.31	0.83	0.67	0.11		-0.19	0.65	-0.64	0.38	0.62	-0.13	0.64	0.36	0.58
Short Term Investments	-0.19	-0.26	-0.3	0.37	-0.37	-0.26	0.12	0.45	-0.33	-0.31	0.1	-0.28	-0.38	-0.12	-0.27	0.2	-0.19		-0.25	0.28	-0.22	-0.29	0.45	0.05	-0.09	-0.41
Non Current Liabilities Total	0.83	0.96	0.99	-0.61	0.44	0.89	0.66	-0.46	0.98	0.89	0.54	0.95	0.83	0.77	1.0	0.45	0.65	-0.25		-0.83	0.85	0.99	-0.46	0.64	0.69	0.89
Other Current Assets	-0.72	-0.86	-0.83	0.75	-0.5	-0.85	-0.74	0.36	-0.79	-0.81	-0.67	-0.84	-0.68	-0.86	-0.81	-0.58	-0.64	0.28	-0.83		-0.85	-0.84	0.36	-0.69	-0.84	-0.93
Other Stockholder Equity	0.68	0.94	0.85	-0.54	0.53	0.97	0.77	-0.33	0.8	0.91	0.71	0.93	0.76	0.66	0.83	0.64	0.38	-0.22	0.85	-0.85		0.87	-0.33	0.6	0.84	0.88
Total Liab	0.85	0.97	1.0	-0.61	0.54	0.91	0.69	-0.5	0.99	0.92	0.54	0.96	0.86	0.78	0.99	0.45	0.62	-0.29	0.99	-0.84	0.87		-0.5	0.61	0.72	0.89
Property Plant And Equipment Gross	-0.45	-0.51	-0.49	0.3	-0.48	-0.49	-0.37	1.0	-0.54	-0.49	0.1	-0.56	-0.84	-0.24	-0.46	0.25	-0.13	0.45	-0.46	0.36	-0.33	-0.5		0.29	-0.23	-0.4
Total Current Assets	0.54	0.57	0.61	-0.43	0.08	0.51	0.49	0.29	0.55	0.52	0.76	0.5	0.17	0.7	0.63	0.76	0.64	0.05	0.64	-0.69	0.6	0.61	0.29		0.59	0.64
Intangible Assets	0.45	0.79	0.68	-0.58	0.5	0.82	0.79	-0.23	0.63	0.83	0.67	0.77	0.61	0.6	0.67	0.61	0.36	-0.09	0.69	-0.84	0.84	0.72	-0.23	0.59		0.78
Net Tangible Assets	0.74	0.92	0.89	-0.76	0.49	0.91	0.63	-0.4	0.87	0.86	0.58	0.91	0.77	0.76	0.88	0.48	0.58	-0.41	0.89	-0.93	0.88	0.89	-0.4	0.64	0.78

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American Assets Account Relationship Matchups

American Assets fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	54.1M	76.1M	76.2M	76.2M	76.3M	67.0M
Total Assets	2.8B	2.8B	3.0B	3.0B	3.0B	2.3B
Short Long Term Debt Total	1.4B	1.4B	1.6B	1.6B	1.7B	1.3B
Other Current Liab	(76.6M)	(26.0M)	(22.7M)	(22.0M)	(91.1M)	(86.6M)
Total Current Liabilities	70.9M	165.0M	72.4M	108.7M	98.1M	75.3M
Total Stockholder Equity	1.3B	1.3B	1.2B	1.2B	1.2B	862.2M
Other Liab	69.7M	97.9M	94.1M	62.4M	71.8M	65.0M
Net Debt	1.3B	1.3B	1.5B	1.6B	1.6B	1.2B
Accounts Payable	62.6M	59.3M	64.5M	66.0M	61.3M	43.8M
Cash	99.3M	137.3M	139.5M	49.6M	82.9M	73.7M
Non Current Assets Total	2.7B	2.7B	2.8B	2.8B	2.8B	2.2B
Non Currrent Assets Other	2.6B	2.6B	2.7B	2.8B	2.7B	1.8B
Other Assets	46.4M	2.7B	2.9B	2.8B	2.8B	2.9B
Long Term Debt	1.4B	1.3B	1.6B	1.6B	1.7B	1.3B
Cash And Short Term Investments	99.3M	137.3M	139.5M	49.6M	82.9M	75.7M
Net Receivables	12.0M	6.9M	90.2M	95.0M	96.8M	101.7M
Liabilities And Stockholders Equity	2.8B	2.8B	3.0B	3.0B	3.0B	2.3B
Non Current Liabilities Total	1.4B	1.4B	1.7B	1.7B	1.7B	1.3B
Other Current Assets	(173.6M)	(218.5M)	(229.7M)	(144.6M)	(179.7M)	(170.7M)
Other Stockholder Equity	1.5B	1.4B	1.5B	1.5B	1.1B	1.0B
Total Liab	1.5B	1.6B	1.8B	1.8B	1.8B	1.4B
Total Current Assets	121.5M	146.0M	229.7M	144.6M	190.2M	126.8M
Accumulated Other Comprehensive Income	5.7M	1.8M	2.9M	10.6M	8.3M	8.7M
Intangible Assets	76.8M	67.1M	70.3M	64.2M	57.2M	50.0M
Net Tangible Assets	1.3B	1.3B	1.2B	1.2B	1.4B	1.0B
Noncontrolling Interest In Consolidated Entity	(20.2M)	(18.0M)	(28.8M)	(35.7M)	(32.2M)	(30.6M)
Retained Earnings	(144.4M)	(176.6M)	(217.8M)	(251.2M)	(280.2M)	(266.2M)
Common Stock Total Equity	474K	601K	605K	607K	698.1K	541.6K
Retained Earnings Total Equity	(144.4M)	(176.6M)	(217.8M)	(251.2M)	(226.1M)	(214.7M)
Long Term Debt Total	1.4B	1.3B	1.6B	1.6B	1.9B	1.3B
Capital Surpluse	1.5B	1.4B	1.5B	1.5B	1.7B	1.1B
Deferred Long Term Liab	46.4M	39.2M	39.2M	39.7M	45.7M	25.6M
Non Current Liabilities Other	68.1M	91.3M	86.2M	79.6M	16.6M	15.8M
Short Term Debt	51.0M	99.2M	1.6B	34.1M	100M	178.9M

Pair Trading with American Assets

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 American Assets 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 American Assets will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to American Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Assets 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 American Assets - 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 American Assets Trust to buy it.

The correlation of American Assets 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 American Assets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Assets Trust 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 American Assets 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.

Pair Correlation Correlation Matching

When determining whether American Assets Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Assets Trust Stock. Highlighted below are key reports to facilitate an investment decision about American Assets Trust Stock:

How To Invest In American

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Is American Stock a good investment?

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What is American Assets' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the American Assets Trust information on this page should be used as a complementary analysis to other American Assets' 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for American Stock analysis

When running American Assets' price analysis, check to measure American Assets' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Assets is operating at the current time. Most of American Assets' value examination focuses on studying past and present price action to predict the probability of American Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Assets' price. Additionally, you may evaluate how the addition of American Assets to your portfolios can decrease your overall portfolio volatility.

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Is American Assets' 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 American Assets. If investors know American 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 American Assets 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

0.19

Dividend Share

0.99

Earnings Share

0.89

Revenue Per Share

7.304

Quarterly Revenue Growth

0.037

The market value of American Assets Trust is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Assets' value that differs from its market value or its book value, called intrinsic value, which is American Assets' 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 American Assets' market value can be influenced by many factors that don't directly affect American Assets' 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 American Assets' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Assets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Assets' 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.

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American Total Permanent Equity vs Total Assets Analysis

Total Permanent Equity vs Total Assets

Total Permanent Equity vs Total Assets Correlation Analysis

Correlation Coefficient

Total Permanent Equity

Total Assets

American Assets fundamental ratios Correlations

American Assets Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Assets fundamental ratios Accounts

Pair Trading with American Assets

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Long Term Debt
Net Debt	+ 0.99	Short Long Term Debt Total
Long Term Debt	+ 0.99	Short Long Term Debt Total

Net Tangible Assets	- 0.93	Other Current Assets
Other Current Assets	- 0.86	Other Assets
Other Current Assets	- 0.86	Total Assets
Other Stockholder Equity	- 0.85	Other Current Assets
Other Current Assets	- 0.85	Total Stockholder Equity
Intangible Assets	- 0.84	Other Current Assets