American Other Current Assets vs Property Plant And Equipment Net Analysis

AFG Stock  USD 133.86  0.33  0.25%   
American Financial financial indicator trend analysis is way more than just evaluating American Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Financial is a good investment. Please check the relationship between American Financial Other Current Assets and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial 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 census.

Other Current Assets vs Property Plant And Equipment Net

Other Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Financial Other Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Financial's Other Current Assets and Property Plant And Equipment Net is 0.45. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of American Financial Group, assuming nothing else is changed. The correlation between historical values of American Financial's Other Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of American Financial Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Assets i.e., American Financial's Other Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from American Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Financial 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 Financial 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 census.
At this time, American Financial's Issuance Of Capital Stock is most likely to decrease significantly in the upcoming years. The American Financial's current Enterprise Value is estimated to increase to about 8.1 B, while Tax Provision is projected to decrease to roughly 213.5 M.
 2021 2023 2024 (projected)
Interest Expense94M76M70.8M
Depreciation And Amortization187M78M147.1M

American Financial fundamental ratios Correlations

0.440.370.390.89-0.5-0.690.80.80.71-0.07-0.260.930.39-0.38-0.36-0.351.0-0.570.580.490.490.5-0.320.340.06
0.44-0.23-0.230.720.07-0.050.820.670.340.17-0.330.30.48-0.640.190.30.42-0.580.360.280.380.740.07-0.080.06
0.37-0.231.00.1-0.74-0.270.130.050.390.080.570.370.05-0.12-0.25-0.510.39-0.25-0.25-0.070.27-0.21-0.590.77-0.12
0.39-0.231.00.12-0.77-0.290.140.070.390.060.580.390.07-0.13-0.26-0.550.4-0.27-0.24-0.070.29-0.21-0.610.78-0.06
0.890.720.10.12-0.4-0.60.940.90.58-0.07-0.430.760.4-0.51-0.25-0.220.88-0.720.630.50.590.61-0.120.110.08
-0.50.07-0.74-0.77-0.40.48-0.38-0.29-0.240.23-0.39-0.45-0.120.260.380.82-0.50.6-0.03-0.09-0.590.110.45-0.6-0.29
-0.69-0.05-0.27-0.29-0.60.48-0.39-0.76-0.430.230.36-0.73-0.05-0.140.680.57-0.690.16-0.42-0.45-0.12-0.040.29-0.28-0.21
0.80.820.130.140.94-0.38-0.390.790.51-0.05-0.270.670.47-0.62-0.13-0.080.79-0.780.550.330.610.6-0.10.170.09
0.80.670.050.070.9-0.29-0.760.790.56-0.01-0.480.720.37-0.39-0.28-0.270.79-0.530.530.510.420.57-0.160.160.21
0.710.340.390.390.58-0.24-0.430.510.560.63-0.340.710.48-0.42-0.08-0.180.71-0.34-0.050.270.250.43-0.680.18-0.01
-0.070.170.080.06-0.070.230.23-0.05-0.010.63-0.19-0.060.36-0.370.480.17-0.07-0.02-0.65-0.11-0.030.25-0.52-0.14-0.04
-0.26-0.330.570.58-0.43-0.390.36-0.27-0.48-0.34-0.19-0.230.01-0.040.15-0.23-0.25-0.02-0.38-0.430.06-0.32-0.170.650.12
0.930.30.370.390.76-0.45-0.730.670.720.71-0.06-0.230.5-0.23-0.51-0.380.93-0.360.450.410.240.38-0.510.410.11
0.390.480.050.070.4-0.12-0.050.470.370.480.360.010.5-0.710.25-0.150.38-0.47-0.040.00.290.63-0.50.270.3
-0.38-0.64-0.12-0.13-0.510.26-0.14-0.62-0.39-0.42-0.37-0.04-0.23-0.71-0.510.15-0.360.85-0.020.02-0.79-0.690.19-0.15-0.2
-0.360.19-0.25-0.26-0.250.380.68-0.13-0.28-0.080.480.15-0.510.25-0.510.3-0.36-0.19-0.29-0.270.250.390.25-0.180.05
-0.350.3-0.51-0.55-0.220.820.57-0.08-0.27-0.180.17-0.23-0.38-0.150.150.3-0.360.40.02-0.18-0.460.070.43-0.47-0.51
1.00.420.390.40.88-0.5-0.690.790.790.71-0.07-0.250.930.38-0.36-0.36-0.36-0.550.570.480.480.49-0.330.350.06
-0.57-0.58-0.25-0.27-0.720.60.16-0.78-0.53-0.34-0.02-0.02-0.36-0.470.85-0.190.4-0.55-0.27-0.11-0.95-0.530.1-0.2-0.24
0.580.36-0.25-0.240.63-0.03-0.420.550.53-0.05-0.65-0.380.45-0.04-0.02-0.290.020.57-0.270.470.280.370.53-0.07-0.07
0.490.28-0.07-0.070.5-0.09-0.450.330.510.27-0.11-0.430.410.00.02-0.27-0.180.48-0.110.470.060.550.01-0.140.04
0.490.380.270.290.59-0.59-0.120.610.420.25-0.030.060.240.29-0.790.25-0.460.48-0.950.280.060.420.020.180.19
0.50.74-0.21-0.210.610.11-0.040.60.570.430.25-0.320.380.63-0.690.390.070.49-0.530.370.550.42-0.02-0.070.09
-0.320.07-0.59-0.61-0.120.450.29-0.1-0.16-0.68-0.52-0.17-0.51-0.50.190.250.43-0.330.10.530.010.02-0.02-0.46-0.21
0.34-0.080.770.780.11-0.6-0.280.170.160.18-0.140.650.410.27-0.15-0.18-0.470.35-0.2-0.07-0.140.18-0.07-0.460.19
0.060.06-0.12-0.060.08-0.29-0.210.090.21-0.01-0.040.120.110.3-0.20.05-0.510.06-0.24-0.070.040.190.09-0.210.19
Click cells to compare fundamentals

American Financial Account Relationship Matchups

American Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.1B73.6B28.9B28.8B24.6B26.6B
Short Long Term Debt Total1.5B2.0B2.0B1.5B1.7B932.8M
Other Current Liab(814M)(807M)(920M)(1.0B)8.6B17.0B
Total Current Liabilities814M807M920M1.0B9.8B17.6B
Total Stockholder Equity6.3B6.8B5.0B4.1B4.3B3.2B
Property Plant And Equipment Net158M139M118M103M176M184.8M
Net Debt(841M)(847M)(167M)624M448M470.4M
Retained Earnings4.0B4.1B3.5B3.1B3.1B1.8B
Cash2.3B2.8B2.1B872M1.2B1.0B
Non Current Assets Total50.5B47.0B13.2B13.1B20.2B25.6B
Non Currrent Assets Other(1.2B)(525M)(501M)(486M)17.4B18.3B
Other Assets(34.9B)(31.8B)(2.4B)1.1B11.8B12.4B
Cash And Short Term Investments48.8B46.0B12.5B11.0B1.7B1.7B
Liabilities And Stockholders Equity70.1B73.6B28.9B28.8B24.6B26.6B
Non Current Liabilities Total1.5B2.0B2.0B4.2B10.6B11.1B
Other Stockholder Equity1.3B1.3B1.3B1.4B1.4B1.2B
Total Liab63.9B66.8B23.9B24.8B20.4B23.2B
Total Current Assets54.5B58.3B18.1B14.6B4.4B4.6B
Accumulated Other Comprehensive Income863M1.3B119M(543M)(319M)(303.1M)
Short Term Debt285M445M46M5.2B38M0.0
Net Receivables5.7B12.3B5.6B6.2B7.1B7.5B
Other Current Assets6.4B3.6B5.5B(2.5B)4.4B4.6B
Intangible Assets250M210M352M354M522M493.5M
Accounts Payable814M807M920M1.0B1.2B1.2B
Short Term Investments46.5B43.2B10.4B10.1B521M495.0M
Other Liab50.3B61.2B17.9B18.9B21.7B22.6B
Long Term Debt1.5B2.0B2.0B1.5B1.5B1.3B
Net Tangible Assets6.1B6.6B5.0B3.8B4.4B5.3B
Retained Earnings Total Equity4.0B4.1B3.5B3.1B3.6B3.3B
Long Term Debt Total1.5B2.0B2.0B1.5B1.7B1.4B
Capital Surpluse1.3B1.3B1.3B1.4B1.6B1.3B

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When determining whether American Financial is a strong investment it is important to analyze American Financial's 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 American Financial's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial 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 census.
Note that the American Financial information on this page should be used as a complementary analysis to other American Financial'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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Is American Financial'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 Financial. 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 Financial 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
0.161
Dividend Share
2.76
Earnings Share
10.45
Revenue Per Share
90.377
Quarterly Revenue Growth
0.103
The market value of American Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is American Financial'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 Financial's market value can be influenced by many factors that don't directly affect American Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Financial'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.