American Accounts Payable vs Capital Stock Analysis
AEP Stock | USD 88.81 0.21 0.24% |
American Electric financial indicator trend analysis is way more than just evaluating American Electric Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Electric Power is a good investment. Please check the relationship between American Electric Accounts Payable and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Electric Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Accounts Payable vs Capital Stock
Accounts Payable vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Electric Power Accounts Payable account and Capital Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between American Electric's Accounts Payable and Capital Stock is 0.15. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Stock in the same time period over historical financial statements of American Electric Power, assuming nothing else is changed. The correlation between historical values of American Electric's Accounts Payable 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 Accounts Payable of American Electric Power 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 Accounts Payable i.e., American Electric's Accounts Payable and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents American Electric obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of American Electric Power are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Most indicators from American Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Electric Power 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 Electric Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, American Electric's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 05/07/2024, Enterprise Value Multiple is likely to grow to 25.68, while Tax Provision is likely to drop slightly above 17 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.2B | 11.3B | 12.4B | 8.1B | Total Revenue | 16.8B | 19.6B | 19.0B | 13.9B |
American Electric fundamental ratios Correlations
Click cells to compare fundamentals
American Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Electric fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 495.3M | 497.2M | 501.8M | 513.5M | 520.2M | 386.0M | |
Total Assets | 75.9B | 80.8B | 87.7B | 93.5B | 96.7B | 54.5B | |
Short Long Term Debt Total | 30.5B | 34.4B | 36.7B | 40.4B | 43.6B | 45.8B | |
Other Current Liab | 3.2B | 3.1B | 5.2B | 5.4B | 3.7B | 3.5B | |
Total Current Liabilities | 10.3B | 9.9B | 12.4B | 14.6B | 11.6B | 8.6B | |
Total Stockholder Equity | 19.6B | 20.6B | 22.4B | 23.9B | 25.2B | 14.0B | |
Property Plant And Equipment Net | 61.1B | 64.8B | 66.6B | 71.9B | 77.3B | 39.4B | |
Net Debt | 30.3B | 34.0B | 36.3B | 39.9B | 43.3B | 45.4B | |
Retained Earnings | 9.9B | 10.7B | 11.7B | 12.3B | 12.8B | 13.4B | |
Accounts Payable | 2.1B | 1.7B | 2.1B | 2.6B | 2.0B | 1.5B | |
Cash | 246.8M | 392.7M | 403.4M | 509.4M | 330.1M | 289.6M | |
Non Current Assets Total | 71.8B | 76.4B | 79.9B | 84.1B | 90.6B | 48.9B | |
Non Currrent Assets Other | 6.8B | 6.6B | 605.1M | (210.2M) | (376.4M) | (357.6M) | |
Cash And Short Term Investments | 449.5M | 593.5M | 623.8M | 696.9M | 544.4M | 564.2M | |
Net Receivables | 1.7B | 2.0B | 2.1B | 2.7B | 2.6B | 1.8B | |
Common Stock Total Equity | 3.3B | 3.4B | 3.4B | 3.4B | 3.9B | 2.9B | |
Liabilities And Stockholders Equity | 75.9B | 80.8B | 87.7B | 93.5B | 96.7B | 54.5B | |
Non Current Liabilities Total | 45.7B | 50.1B | 52.6B | 54.8B | 59.8B | 30.3B | |
Inventory | 1.2B | 1.3B | 989.2M | 1.3B | 1.9B | 1.2B | |
Other Current Assets | 92.9M | 90.7M | 647.8M | 1.5B | 788.2M | 1.2B | |
Other Stockholder Equity | 6.5B | 6.6B | 7.2B | 8.1B | (12.7B) | (12.1B) | |
Total Liab | 56.0B | 60.0B | 65.0B | 69.3B | 71.4B | 40.4B | |
Property Plant And Equipment Gross | 61.1B | 5.3B | 86.8B | 93.8B | 101.9B | 107.0B | |
Total Current Assets | 4.1B | 4.4B | 7.8B | 9.4B | 6.1B | 5.6B | |
Accumulated Other Comprehensive Income | (147.7M) | (85.1M) | 184.8M | 83.7M | (55.5M) | (58.3M) | |
Short Term Debt | 4.7B | 4.8B | 4.9B | 6.2B | 5.4B | 3.2B | |
Common Stock | 3.3B | 3.4B | 3.4B | 3.4B | 3.4B | 2.9B | |
Current Deferred Revenue | 366.1M | 335.6M | 321.6M | 370M | 423.7M | 403.0M | |
Other Liab | 19.5B | 20.2B | 20.6B | 20.4B | 23.5B | 24.7B | |
Other Assets | 9.3B | 71.1B | 11.8B | 10.8B | 12.4B | 12.4B | |
Long Term Debt | 25.1B | 29.0B | 31.3B | 33.6B | 37.7B | 20.0B | |
Property Plant Equipment | 60.1B | 63.9B | 66.0B | 71.3B | 82.0B | 43.8B | |
Short Term Investments | 202.7M | 200.8M | 220.4M | 187.5M | 214.3M | 224.8M | |
Noncontrolling Interest In Consolidated Entity | 281M | 223.6M | 247M | 229M | 263.4M | 276.5M | |
Retained Earnings Total Equity | 9.9B | 10.7B | 11.7B | 12.3B | 14.2B | 8.2B | |
Deferred Long Term Liab | 7.9B | 8.5B | 8.4B | 345.3M | 397.1M | 377.2M | |
Net Tangible Assets | 19.7B | 20.5B | 22.4B | 23.9B | 27.5B | 20.2B |
Pair Trading with American Electric
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 Electric 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 Electric will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
0.85 | D | Dominion Energy | PairCorr |
0.64 | ED | Consolidated Edison | PairCorr |
0.85 | ES | Eversource Energy | PairCorr |
0.72 | FE | FirstEnergy | PairCorr |
Moving against American Stock
0.69 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
0.43 | CMS-PC | CMS Energy | PairCorr |
The ability to find closely correlated positions to American Electric 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 Electric 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 Electric - 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 Electric Power to buy it.
The correlation of American Electric 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 Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Electric Power 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 Electric 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 American Electric Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the American Electric Power information on this page should be used as a complementary analysis to other American Electric'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running American Electric's price analysis, check to measure American Electric's 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 Electric is operating at the current time. Most of American Electric's value examination focuses on studying past and present price action to predict the probability of American Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Electric's price. Additionally, you may evaluate how the addition of American Electric to your portfolios can decrease your overall portfolio volatility.
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Is American Electric'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 American Electric. 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 Electric 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 1.468 | Dividend Share 3.42 | Earnings Share 5.38 | Revenue Per Share 37.006 | Quarterly Revenue Growth 0.071 |
The market value of American Electric Power 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 Electric's value that differs from its market value or its book value, called intrinsic value, which is American Electric'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 American Electric's market value can be influenced by many factors that don't directly affect American Electric'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 American Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Electric'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.