Aflac Long Term Investments vs Property Plant Equipment Analysis

AFL Stock

USD 83.61 0.12 0.14%

Aflac Incorporated financial indicator trend analysis is way more than just evaluating Aflac Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aflac Incorporated is a good investment. Please check the relationship between Aflac Incorporated Long Term Investments and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aflac Incorporated. 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.

For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.

Long Term Investments vs Property Plant Equipment

Long Term Investments vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aflac Incorporated Long Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.

The correlation between Aflac Incorporated's Long Term Investments and Property Plant Equipment is 0.3. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Aflac Incorporated, assuming nothing else is changed. The correlation between historical values of Aflac Incorporated's Long Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Aflac Incorporated are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Investments i.e., Aflac Incorporated's Long Term Investments and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Aflac Incorporated balance sheet that represents investments Aflac Incorporated intends to hold for over a year. Aflac Incorporated long term investments may include different instruments such as stocks, bonds, real estate and cash.

Property Plant Equipment

Most indicators from Aflac Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aflac Incorporated 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 Aflac Incorporated. 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.

For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.At this time, Aflac Incorporated's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 1,407 this year, although the value of Issuance Of Capital Stock will most likely fall to about 10.4 M.

	2021	2022	2023	2024 (projected)
Total Revenue	22.1B	19.1B	18.7B	14.3B
Interest Expense	238M	226M	195M	107.4M

Total Revenue Interest Expense

Aflac Incorporated fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Liabilities	Property Plant And Equipment Net	Non Current Assets Total	Net Receivables	Good Will	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock	Other Current Liab	Accounts Payable	Cash	Non Currrent Assets Other
Total Assets		0.7	0.9	0.4	0.51	-0.17	-0.75	-0.01	-0.39	0.36	0.63	0.78	0.44	0.72	0.12	0.01	0.76	0.7	0.32	0.46	0.5	0.74	0.1	0.46	0.81	-0.37
Short Long Term Debt Total	0.7		0.75	0.76	0.95	0.25	-0.92	0.46	-0.88	0.16	0.46	0.64	0.4	0.42	0.61	0.22	0.73	0.46	-0.07	0.76	0.89	0.82	-0.08	0.06	0.77	0.14
Total Stockholder Equity	0.9	0.75		0.4	0.59	-0.03	-0.78	-0.01	-0.5	0.1	0.72	0.61	0.22	0.46	0.36	0.09	0.63	0.8	0.21	0.66	0.58	0.81	0.15	0.31	0.87	-0.2
Net Debt	0.4	0.76	0.4		0.79	0.4	-0.7	0.53	-0.79	0.14	0.2	0.54	0.23	0.35	0.62	0.19	0.69	0.14	-0.16	0.3	0.77	0.64	-0.18	-0.06	0.22	0.32
Retained Earnings	0.51	0.95	0.59	0.79		0.38	-0.91	0.66	-0.98	0.13	0.31	0.49	0.36	0.24	0.73	0.16	0.65	0.24	-0.18	0.78	0.94	0.77	-0.02	-0.19	0.62	0.34
Other Assets	-0.17	0.25	-0.03	0.4	0.38		-0.22	0.3	-0.46	0.14	0.07	0.0	-0.47	-0.27	0.45	0.5	0.23	-0.23	0.07	0.08	0.38	0.15	-0.29	-0.43	-0.08	0.16
Common Stock Shares Outstanding	-0.75	-0.92	-0.78	-0.7	-0.91	-0.22		-0.51	0.89	-0.27	-0.43	-0.58	-0.36	-0.38	-0.6	-0.12	-0.78	-0.42	0.03	-0.76	-0.86	-0.9	-0.05	0.06	-0.78	-0.14
Non Current Liabilities Total	-0.01	0.46	-0.01	0.53	0.66	0.3	-0.51		-0.7	0.18	-0.21	0.03	0.29	0.0	0.68	0.09	0.25	-0.27	-0.27	0.42	0.7	0.47	0.22	-0.44	0.1	0.45
Other Stockholder Equity	-0.39	-0.88	-0.5	-0.79	-0.98	-0.46	0.89	-0.7		-0.07	-0.22	-0.39	-0.26	-0.11	-0.79	-0.21	-0.62	-0.13	0.27	-0.74	-0.93	-0.76	0.06	0.31	-0.53	-0.45
Total Liab	0.36	0.16	0.1	0.14	0.13	0.14	-0.27	0.18	-0.07		0.14	0.19	0.07	0.45	-0.34	-0.11	0.3	0.13	0.64	-0.02	0.0	0.08	0.21	0.21	0.19	-0.66
Total Current Liabilities	0.63	0.46	0.72	0.2	0.31	0.07	-0.43	-0.21	-0.22	0.14		0.36	-0.04	0.35	0.12	0.1	0.28	0.77	0.61	0.39	0.28	0.43	0.2	0.48	0.56	-0.44
Property Plant And Equipment Net	0.78	0.64	0.61	0.54	0.49	0.0	-0.58	0.03	-0.39	0.19	0.36		0.52	0.6	0.16	0.15	0.87	0.34	0.12	0.19	0.54	0.59	-0.24	0.29	0.48	-0.16
Non Current Assets Total	0.44	0.4	0.22	0.23	0.36	-0.47	-0.36	0.29	-0.26	0.07	-0.04	0.52		0.6	-0.02	-0.4	0.44	-0.08	-0.23	0.29	0.35	0.25	0.1	0.25	0.32	0.13
Net Receivables	0.72	0.42	0.46	0.35	0.24	-0.27	-0.38	0.0	-0.11	0.45	0.35	0.6	0.6		-0.18	-0.16	0.57	0.34	0.28	0.04	0.24	0.36	0.06	0.63	0.4	-0.41
Good Will	0.12	0.61	0.36	0.62	0.73	0.45	-0.6	0.68	-0.79	-0.34	0.12	0.16	-0.02	-0.18		0.42	0.34	0.08	-0.41	0.56	0.85	0.72	-0.02	-0.43	0.28	0.63
Other Current Assets	0.01	0.22	0.09	0.19	0.16	0.5	-0.12	0.09	-0.21	-0.11	0.1	0.15	-0.4	-0.16	0.42		0.23	0.08	-0.06	-0.02	0.32	0.31	-0.65	-0.1	0.15	0.14
Property Plant And Equipment Gross	0.76	0.73	0.63	0.69	0.65	0.23	-0.78	0.25	-0.62	0.3	0.28	0.87	0.44	0.57	0.34	0.23		0.2	0.0	0.28	0.68	0.74	-0.29	0.1	0.53	0.03
Total Current Assets	0.7	0.46	0.8	0.14	0.24	-0.23	-0.42	-0.27	-0.13	0.13	0.77	0.34	-0.08	0.34	0.08	0.08	0.2		0.41	0.44	0.21	0.5	0.21	0.53	0.69	-0.47
Short Term Debt	0.32	-0.07	0.21	-0.16	-0.18	0.07	0.03	-0.27	0.27	0.64	0.61	0.12	-0.23	0.28	-0.41	-0.06	0.0	0.41		-0.14	-0.23	-0.07	0.38	0.36	0.11	-0.89
Intangible Assets	0.46	0.76	0.66	0.3	0.78	0.08	-0.76	0.42	-0.74	-0.02	0.39	0.19	0.29	0.04	0.56	-0.02	0.28	0.44	-0.14		0.69	0.64	0.26	-0.11	0.81	0.19
Common Stock Total Equity	0.5	0.89	0.58	0.77	0.94	0.38	-0.86	0.7	-0.93	0.0	0.28	0.54	0.35	0.24	0.85	0.32	0.68	0.21	-0.23	0.69		0.86	-0.03	-0.19	0.57	0.38
Common Stock	0.74	0.82	0.81	0.64	0.77	0.15	-0.9	0.47	-0.76	0.08	0.43	0.59	0.25	0.36	0.72	0.31	0.74	0.5	-0.07	0.64	0.86		0.05	-0.02	0.73	0.16
Other Current Liab	0.1	-0.08	0.15	-0.18	-0.02	-0.29	-0.05	0.22	0.06	0.21	0.2	-0.24	0.1	0.06	-0.02	-0.65	-0.29	0.21	0.38	0.26	-0.03	0.05		0.03	0.06	-0.32
Accounts Payable	0.46	0.06	0.31	-0.06	-0.19	-0.43	0.06	-0.44	0.31	0.21	0.48	0.29	0.25	0.63	-0.43	-0.1	0.1	0.53	0.36	-0.11	-0.19	-0.02	0.03		0.22	-0.56
Cash	0.81	0.77	0.87	0.22	0.62	-0.08	-0.78	0.1	-0.53	0.19	0.56	0.48	0.32	0.4	0.28	0.15	0.53	0.69	0.11	0.81	0.57	0.73	0.06	0.22		-0.17
Non Currrent Assets Other	-0.37	0.14	-0.2	0.32	0.34	0.16	-0.14	0.45	-0.45	-0.66	-0.44	-0.16	0.13	-0.41	0.63	0.14	0.03	-0.47	-0.89	0.19	0.38	0.16	-0.32	-0.56	-0.17

Click cells to compare fundamentals

Aflac Incorporated Account Relationship Matchups

Aflac Incorporated fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	152.8B	165.1B	157.5B	131.7B	130.9B	75.2B
Short Long Term Debt Total	6.6B	7.9B	8.0B	7.4B	7.4B	7.8B
Total Stockholder Equity	29.0B	33.6B	33.3B	20.1B	22.0B	11.1B
Net Debt	1.7B	2.8B	2.9B	3.5B	3.1B	3.2B
Retained Earnings	34.3B	38.0B	41.4B	44.4B	48.0B	50.4B
Other Assets	(66.9B)	(79.0B)	157.5B	(45.0B)	85.3B	89.6B
Common Stock Shares Outstanding	746.4M	716.2M	676.7M	637.7M	598.7M	806.5M
Liabilities And Stockholders Equity	152.8B	165.1B	157.5B	131.7B	130.9B	75.2B
Non Current Liabilities Total	6.6B	7.9B	8.0B	92.0B	106.7B	112.0B
Other Stockholder Equity	(12.1B)	(13.5B)	(15.7B)	(17.9B)	(20.6B)	(19.6B)
Total Liab	6.6B	7.9B	124.3B	111.6B	108.9B	57.4B
Total Current Liabilities	5.4B	4.7B	8.0B	1.3B	2.2B	2.1B
Property Plant And Equipment Net	581M	601M	538M	530M	445M	505.5M
Non Current Assets Total	122.7B	132.2B	538M	96.4B	123.6B	129.7B
Net Receivables	828M	796M	693M	647M	848M	603.9M
Other Current Assets	7.4B	7.8B	43.7B	7.2B	7.3B	6.8B
Property Plant And Equipment Gross	434M	443M	581M	601M	691.2M	485.5M
Total Current Assets	97.0B	111.8B	143.7B	80.3B	7.3B	7.0B
Short Term Debt	53M	56M	8.0B	55M	52M	49.4M
Intangible Assets	10.1B	10.4B	9.5B	8.6B	9.9B	10.4B
Accumulated Other Comprehensive Income	6.6B	8.9B	7.4B	(6.4B)	(5.5B)	(5.2B)
Other Current Liab	5.3B	4.6B	4.3B	1.2B	2.2B	2.1B
Accounts Payable	5.4B	4.7B	4.3B	1.3B	1.5B	1.4B
Cash	4.9B	5.1B	5.1B	3.9B	4.3B	2.7B
Non Currrent Assets Other	(16.3B)	(18.9B)	(143.0B)	(14.1B)	11.7B	12.3B
Cash And Short Term Investments	96.2B	111.0B	103.7B	79.7B	77.6B	81.5B
Short Term Investments	91.3B	105.9B	98.7B	75.7B	1.4B	1.4B
Other Liab	102.2B	123.6B	116.3B	91.7B	105.5B	66.4B
Long Term Debt	6.4B	7.9B	7.8B	7.4B	7.2B	4.2B
Treasury Stock	(14.4B)	(15.9B)	(18.2B)	(20.6B)	(18.5B)	(17.6B)
Property Plant Equipment	581M	601M	538M	530M	609.5M	561.5M
Retained Earnings Total Equity	34.3B	38.0B	41.4B	44.6B	51.3B	27.7B
Net Tangible Assets	29.0B	33.6B	33.3B	22.4B	25.7B	24.2B
Long Term Debt Total	6.4B	7.9B	7.9B	7.4B	8.6B	6.6B
Capital Surpluse	2.3B	2.4B	2.5B	2.6B	3.0B	2.2B
Long Term Investments	772M	144.1B	115.1B	80.6B	92.2B	53.5B

Pair Trading with Aflac Incorporated

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 Aflac Incorporated 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 Aflac Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving against Aflac Stock

0.6	CIA	Citizens	Pair Corr
0.47	FLFG	Federal Life Group	Pair Corr

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

The correlation of Aflac Incorporated 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 Aflac Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aflac Incorporated 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 Aflac Incorporated 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 Aflac Incorporated is a strong investment it is important to analyze Aflac Incorporated'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 Aflac Incorporated's future performance. For an informed investment choice regarding Aflac Stock, refer to the following important reports:

How To Invest In Aflac

Details

Is Aflac Stock a good investment?

Details

What is Aflac Incorporated's Net Worth?

Details

Largest Insurance - Life Companies

View

Largest Financial Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aflac Incorporated. 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.

For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.

Note that the Aflac Incorporated information on this page should be used as a complementary analysis to other Aflac Incorporated'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Aflac Stock analysis

When running Aflac Incorporated's price analysis, check to measure Aflac Incorporated'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 Aflac Incorporated is operating at the current time. Most of Aflac Incorporated's value examination focuses on studying past and present price action to predict the probability of Aflac Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aflac Incorporated's price. Additionally, you may evaluate how the addition of Aflac Incorporated to your portfolios can decrease your overall portfolio volatility.

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Is Aflac Incorporated'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 Aflac Incorporated. If investors know Aflac 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 Aflac Incorporated 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

0.435

Dividend Share

1.68

Earnings Share

7.78

Revenue Per Share

31.368

Quarterly Revenue Growth

(0.04)

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

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Aflac Long Term Investments vs Property Plant Equipment Analysis

Long Term Investments vs Property Plant Equipment

Long Term Investments vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Long Term Investments

Property Plant Equipment

Aflac Incorporated fundamental ratios Correlations

Aflac Incorporated Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aflac Incorporated fundamental ratios Accounts

Pair Trading with Aflac Incorporated

Moving against Aflac Stock

Complementary Tools for Aflac Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.95	Short Long Term Debt Total
Common Stock Total Equity	+ 0.94	Retained Earnings
Total Stockholder Equity	+ 0.9	Total Assets
Common Stock Total Equity	+ 0.89	Short Long Term Debt Total
Other Stockholder Equity	+ 0.89	Common Stock Shares Outstanding
Cash	+ 0.87	Total Stockholder Equity

Other Stockholder Equity	- 0.98	Retained Earnings
Common Stock Total Equity	- 0.93	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.92	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.91	Retained Earnings
Common Stock	- 0.9	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.89	Short Term Debt