Apartment Other Current Assets vs Cash And Short Term Investments Analysis

AIRC Stock  USD 38.73  0.02  0.05%   
Apartment Income financial indicator trend analysis is way more than just evaluating Apartment Income REIT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apartment Income REIT is a good investment. Please check the relationship between Apartment Income Other Current Assets and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apartment Income REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apartment Income REIT Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Apartment Income's Other Current Assets and Cash And Short Term Investments is -0.2. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Apartment Income REIT, assuming nothing else is changed. The correlation between historical values of Apartment Income's Other Current Assets and Cash And Short Term Investments 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 Apartment Income REIT are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Apartment Income's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Apartment Income REIT balance sheet. This account contains Apartment Income investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Apartment Income REIT fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Apartment Income's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apartment Income REIT 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 Apartment Income REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, Apartment Income's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 14.5 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit472.8M512.5M201.6M191.5M
Total Revenue740.9M773.7M820.0M1.1B

Apartment Income fundamental ratios Correlations

0.940.620.150.93-0.570.990.190.250.180.780.890.810.940.10.390.30.540.550.92-0.10.88-0.89-0.22-0.390.4
0.940.330.331.0-0.750.940.190.020.120.590.990.70.990.260.340.190.440.440.78-0.220.8-0.76-0.06-0.260.3
0.620.33-0.390.310.10.630.160.50.110.820.230.590.32-0.310.160.290.550.550.770.160.66-0.76-0.37-0.40.33
0.150.33-0.390.34-0.710.18-0.19-0.57-0.16-0.090.450.120.320.35-0.18-0.42-0.19-0.190.01-0.560.150.00.30.4-0.49
0.931.00.310.34-0.770.930.20.010.120.580.990.70.990.260.340.180.420.420.77-0.220.8-0.76-0.05-0.260.3
-0.57-0.750.1-0.71-0.77-0.58-0.180.42-0.14-0.36-0.8-0.56-0.74-0.24-0.170.040.010.02-0.430.34-0.650.5-0.45-0.010.01
0.990.940.630.180.93-0.580.20.170.080.760.90.770.930.10.280.220.550.550.92-0.150.88-0.89-0.21-0.30.31
0.190.190.16-0.190.2-0.180.2-0.13-0.180.280.150.120.17-0.2-0.030.130.080.070.180.230.3-0.20.250.30.21
0.250.020.5-0.570.010.420.17-0.130.530.39-0.080.220.09-0.170.610.580.220.220.360.370.14-0.33-0.55-0.690.66
0.180.120.11-0.160.12-0.140.08-0.180.530.350.050.470.19-0.110.860.64-0.17-0.170.20.380.28-0.30.15-0.840.62
0.780.590.82-0.090.58-0.360.760.280.390.350.50.810.59-0.20.430.50.460.460.840.210.9-0.940.01-0.470.55
0.890.990.230.450.99-0.80.90.15-0.080.050.50.660.970.30.260.040.380.380.73-0.350.75-0.69-0.05-0.170.17
0.810.70.590.120.7-0.560.770.120.220.470.810.660.72-0.130.570.360.270.270.84-0.030.87-0.83-0.06-0.550.43
0.940.990.320.320.99-0.740.930.170.090.190.590.970.720.260.420.260.420.420.77-0.170.78-0.76-0.08-0.310.36
0.10.26-0.310.350.26-0.240.1-0.2-0.17-0.11-0.20.3-0.130.260.11-0.030.160.16-0.21-0.16-0.180.150.10.160.0
0.390.340.16-0.180.34-0.170.28-0.030.610.860.430.260.570.420.110.730.130.130.320.380.33-0.37-0.02-0.80.83
0.30.190.29-0.420.180.040.220.130.580.640.50.040.360.26-0.030.730.210.210.210.820.29-0.390.14-0.590.85
0.540.440.55-0.190.420.010.550.080.22-0.170.460.380.270.420.160.130.211.00.460.090.38-0.43-0.26-0.20.39
0.550.440.55-0.190.420.020.550.070.22-0.170.460.380.270.420.160.130.211.00.460.090.38-0.43-0.26-0.20.39
0.920.780.770.010.77-0.430.920.180.360.20.840.730.840.77-0.210.320.210.460.46-0.170.91-0.94-0.34-0.460.33
-0.1-0.220.16-0.56-0.220.34-0.150.230.370.380.21-0.35-0.03-0.17-0.160.380.820.090.09-0.17-0.05-0.030.31-0.270.62
0.880.80.660.150.8-0.650.880.30.140.280.90.750.870.78-0.180.330.290.380.380.91-0.05-0.960.07-0.390.36
-0.89-0.76-0.760.0-0.760.5-0.89-0.2-0.33-0.3-0.94-0.69-0.83-0.760.15-0.37-0.39-0.43-0.43-0.94-0.03-0.960.080.49-0.45
-0.22-0.06-0.370.3-0.05-0.45-0.210.25-0.550.150.01-0.05-0.06-0.080.1-0.020.14-0.26-0.26-0.340.310.070.080.210.0
-0.39-0.26-0.40.4-0.26-0.01-0.30.3-0.69-0.84-0.47-0.17-0.55-0.310.16-0.8-0.59-0.2-0.2-0.46-0.27-0.390.490.21-0.71
0.40.30.33-0.490.30.010.310.210.660.620.550.170.430.360.00.830.850.390.390.330.620.36-0.450.0-0.71
Click cells to compare fundamentals

Apartment Income Account Relationship Matchups

Apartment Income fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B6.2B6.4B6.6B6.1B7.3B
Short Long Term Debt Total4.5B4.2B3.7B3.6B3.3B4.4B
Total Stockholder Equity1.8B1.3B1.8B2.2B2.4B1.9B
Property Plant And Equipment Net87.7M63.3M466.4M10.4M114.7M109.0M
Net Debt4.4B4.2B3.7B3.5B3.2B4.3B
Retained Earnings(1.7B)(2.1B)(2.0B)(1.3B)(958.7M)(1.0B)
Non Current Assets Total6.7B5.6B5.7B6.3B5.9B6.8B
Non Currrent Assets Other317.8M576.0M568.1M6.0B84.9M89.2M
Other Assets196.7M6.2B4.0B4.4B5.1B5.4B
Net Receivables55.6M62.2M534.1M69.9M69.6M66.1M
Common Stock Shares Outstanding119.5M122.4M154.5M156.6M150.2M95.1M
Liabilities And Stockholders Equity6.8B6.2B6.4B6.6B6.1B7.3B
Non Current Liabilities Total4.2B4.0B3.4B3.2B3.2B4.4B
Other Stockholder Equity3.5B3.4B5.7B3.4B3.3B3.9B
Total Liab4.9B4.8B4.4B4.2B3.5B5.1B
Property Plant And Equipment Gross87.7M63.3M466.4M10.4M114.7M109.0M
Total Current Assets177.7M607.6M773.4M301.4M187.0M319.4M
Total Current Liabilities639.7M864.3M982.5M975.8M349.7M379.4M
Cash142.9M44.2M67.3M95.8M117.5M80.3M
Cash And Short Term Investments142.9M44.2M67.3M95.8M117.5M81.0M
Common Stock Total Equity1.6M1.5M1.5M1.6M1.7M1.8M
Short Term Debt275M265.6M304M462M31.8M30.2M
Common Stock1.6M1.5M1.5M1.6M1.4M1.2M
Other Current Assets(185.2M)(629.1M)(626.9M)205.6M(187.0M)(177.7M)
Accumulated Other Comprehensive Income4.2M3.0M(2.0B)43.6M22.4M23.5M
Other Current Liab364.7M598.7M678.5M513.8M317.9M243.8M
Inventory157.8M658.3M798.8M(69.9M)(80.4M)(76.4M)
Long Term Debt4.2B4.0B3.7B3.2B3.1B3.0B
Long Term Investments387.3M407.5M337.8M158.7M336.1M262.6M
Short Long Term Debt275M265.6M1.4B462M115M109.3M
Net Tangible Assets1.7B1.3B1.8B2.2B2.5B1.8B
Net Invested Capital6.3B5.5B5.6B5.8B5.6B4.6B
Net Working Capital(382.9M)(223.4M)94.8M(674.4M)(162.6M)(170.8M)
Property Plant Equipment5.1B5.1B5.1B5.6B5.1B4.3B

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Additional Information and Resources on Investing in Apartment Stock

When determining whether Apartment Income REIT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Apartment Income'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 Apartment Income Reit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apartment Income Reit Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apartment Income REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Multi-Family Residential REITs space 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 Apartment Income. If investors know Apartment 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 Apartment Income 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
442.311
Dividend Share
1.35
Earnings Share
4.3
Revenue Per Share
5.232
Quarterly Revenue Growth
(0.10)
The market value of Apartment Income REIT is measured differently than its book value, which is the value of Apartment that is recorded on the company's balance sheet. Investors also form their own opinion of Apartment Income's value that differs from its market value or its book value, called intrinsic value, which is Apartment Income'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 Apartment Income's market value can be influenced by many factors that don't directly affect Apartment Income'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 Apartment Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apartment Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apartment Income'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.