AstroNova Short Long Term Debt vs Deferred Long Term Liab Analysis

ALOT Stock

USD 17.79 0.01 0.06%

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

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

Short Long Term Debt vs Deferred Long Term Liab

Short Long Term Debt vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AstroNova Short Long Term Debt account and Deferred Long Term Liab. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between AstroNova's Short Long Term Debt and Deferred Long Term Liab is 0.45. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of AstroNova, assuming nothing else is changed. The correlation between historical values of AstroNova's Short Long Term Debt and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of AstroNova are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Short Long Term Debt i.e., AstroNova's Short Long Term Debt and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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

For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.At this time, AstroNova's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 16.77 in 2024, whereas Tax Provision is likely to drop slightly above 1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	43.7M	48.2M	53.7M	28.9M
Total Revenue	117.5M	142.5M	148.1M	155.5M

Gross Profit Total Revenue

AstroNova fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Other Assets	Long Term Debt
Total Assets		0.66	0.65	0.94	0.72	0.76	0.69	0.82	-0.19	0.9	-0.4	-0.42	0.81	0.28	0.7	0.93	-0.21	0.36	0.88	0.65	0.66	0.69	-0.18	0.71	0.81	0.76
Short Long Term Debt Total	0.66		0.55	0.66	0.42	0.51	0.62	0.57	-0.35	0.66	-0.36	-0.48	0.66	0.19	0.44	0.69	-0.03	0.04	0.59	0.58	0.32	0.39	-0.38	0.55	0.65	0.51
Other Current Liab	0.65	0.55		0.61	0.56	0.73	0.6	0.69	-0.41	0.79	0.17	-0.58	0.81	-0.2	0.74	0.59	-0.36	0.12	0.72	0.13	0.37	0.13	-0.02	0.67	0.53	0.76
Total Current Liabilities	0.94	0.66	0.61		0.57	0.75	0.81	0.71	-0.29	0.91	-0.41	-0.56	0.73	0.09	0.73	0.95	-0.34	0.17	0.93	0.74	0.54	0.82	-0.21	0.7	0.83	0.8
Total Stockholder Equity	0.72	0.42	0.56	0.57		0.75	0.21	0.96	0.05	0.51	-0.05	0.02	0.81	0.48	0.29	0.59	0.05	0.83	0.46	0.3	0.94	0.37	-0.11	0.54	0.47	0.43
Property Plant And Equipment Net	0.76	0.51	0.73	0.75	0.75		0.62	0.81	-0.32	0.75	-0.2	-0.49	0.74	0.11	0.49	0.8	-0.49	0.47	0.66	0.57	0.59	0.49	0.12	0.6	0.76	0.61
Net Debt	0.69	0.62	0.6	0.81	0.21	0.62		0.42	-0.76	0.86	-0.43	-0.9	0.54	-0.21	0.72	0.83	-0.53	-0.24	0.82	0.69	0.09	0.58	-0.17	0.61	0.79	0.75
Retained Earnings	0.82	0.57	0.69	0.71	0.96	0.81	0.42		-0.11	0.69	-0.11	-0.22	0.9	0.32	0.47	0.72	-0.05	0.64	0.64	0.39	0.86	0.43	-0.24	0.7	0.62	0.61
Cash	-0.19	-0.35	-0.41	-0.29	0.05	-0.32	-0.76	-0.11		-0.43	0.18	0.83	-0.22	0.25	-0.31	-0.4	0.45	0.34	-0.32	-0.33	0.24	-0.07	0.05	-0.29	-0.41	-0.34
Non Current Assets Total	0.9	0.66	0.79	0.91	0.51	0.75	0.86	0.69	-0.43		-0.33	-0.72	0.77	-0.12	0.87	0.89	-0.41	0.01	0.96	0.56	0.37	0.57	-0.2	0.77	0.85	0.89
Non Currrent Assets Other	-0.4	-0.36	0.17	-0.41	-0.05	-0.2	-0.43	-0.11	0.18	-0.33		0.3	-0.07	-0.33	-0.05	-0.52	0.26	0.03	-0.25	-0.77	-0.01	-0.49	0.07	-0.09	-0.58	-0.1
Cash And Short Term Investments	-0.42	-0.48	-0.58	-0.56	0.02	-0.49	-0.9	-0.22	0.83	-0.72	0.3		-0.33	0.47	-0.6	-0.62	0.65	0.47	-0.63	-0.48	0.23	-0.3	0.16	-0.49	-0.7	-0.61
Net Receivables	0.81	0.66	0.81	0.73	0.81	0.74	0.54	0.9	-0.22	0.77	-0.07	-0.33		0.11	0.69	0.68	-0.03	0.41	0.77	0.31	0.73	0.38	-0.12	0.78	0.52	0.77
Common Stock Shares Outstanding	0.28	0.19	-0.2	0.09	0.48	0.11	-0.21	0.32	0.25	-0.12	-0.33	0.47	0.11		-0.4	0.21	0.32	0.72	-0.17	0.28	0.55	0.17	0.03	-0.16	0.08	-0.34
Non Current Liabilities Total	0.7	0.44	0.74	0.73	0.29	0.49	0.72	0.47	-0.31	0.87	-0.05	-0.6	0.69	-0.4		0.6	-0.21	-0.21	0.93	0.23	0.24	0.39	-0.13	0.79	0.5	0.97
Inventory	0.93	0.69	0.59	0.95	0.59	0.8	0.83	0.72	-0.4	0.89	-0.52	-0.62	0.68	0.21	0.6		-0.43	0.22	0.83	0.83	0.49	0.74	-0.16	0.65	0.93	0.69
Other Current Assets	-0.21	-0.03	-0.36	-0.34	0.05	-0.49	-0.53	-0.05	0.45	-0.41	0.26	0.65	-0.03	0.32	-0.21	-0.43		0.19	-0.3	-0.43	0.22	-0.32	-0.23	0.02	-0.55	-0.22
Other Stockholder Equity	0.36	0.04	0.12	0.17	0.83	0.47	-0.24	0.64	0.34	0.01	0.03	0.47	0.41	0.72	-0.21	0.22	0.19		-0.02	0.11	0.84	0.17	0.17	0.08	0.1	-0.08
Total Liab	0.88	0.59	0.72	0.93	0.46	0.66	0.82	0.64	-0.32	0.96	-0.25	-0.63	0.77	-0.17	0.93	0.83	-0.3	-0.02		0.52	0.42	0.65	-0.19	0.8	0.72	0.95
Property Plant And Equipment Gross	0.65	0.58	0.13	0.74	0.3	0.57	0.69	0.39	-0.33	0.56	-0.77	-0.48	0.31	0.28	0.23	0.83	-0.43	0.11	0.52		0.27	0.77	-0.09	0.34	0.8	0.34
Total Current Assets	0.66	0.32	0.37	0.54	0.94	0.59	0.09	0.86	0.24	0.37	-0.01	0.23	0.73	0.55	0.24	0.49	0.22	0.84	0.42	0.27		0.45	-0.08	0.48	0.28	0.37
Short Term Debt	0.69	0.39	0.13	0.82	0.37	0.49	0.58	0.43	-0.07	0.57	-0.49	-0.3	0.38	0.17	0.39	0.74	-0.32	0.17	0.65	0.77	0.45		-0.26	0.29	0.64	0.44
Intangible Assets	-0.18	-0.38	-0.02	-0.21	-0.11	0.12	-0.17	-0.24	0.05	-0.2	0.07	0.16	-0.12	0.03	-0.13	-0.16	-0.23	0.17	-0.19	-0.09	-0.08	-0.26		-0.17	-0.26	-0.17
Accounts Payable	0.71	0.55	0.67	0.7	0.54	0.6	0.61	0.7	-0.29	0.77	-0.09	-0.49	0.78	-0.16	0.79	0.65	0.02	0.08	0.8	0.34	0.48	0.29	-0.17		0.55	0.87
Other Assets	0.81	0.65	0.53	0.83	0.47	0.76	0.79	0.62	-0.41	0.85	-0.58	-0.7	0.52	0.08	0.5	0.93	-0.55	0.1	0.72	0.8	0.28	0.64	-0.26	0.55		0.59
Long Term Debt	0.76	0.51	0.76	0.8	0.43	0.61	0.75	0.61	-0.34	0.89	-0.1	-0.61	0.77	-0.34	0.97	0.69	-0.22	-0.08	0.95	0.34	0.37	0.44	-0.17	0.87	0.59

Click cells to compare fundamentals

AstroNova Account Relationship Matchups

AstroNova fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	116.7M	115.5M	115.0M	138.5M	133.3M	139.9M
Short Long Term Debt Total	20.7M	17.9M	10.0M	30.1M	26.2M	27.5M
Other Current Liab	10.2M	9.6M	10.2M	9.4M	6.7M	4.2M
Total Current Liabilities	26.8M	21.0M	20.0M	37.4M	29.8M	31.2M
Total Stockholder Equity	71.4M	74.7M	81.0M	84.4M	90.3M	49.4M
Property Plant And Equipment Net	12.9M	13.4M	12.5M	15.1M	14.8M	10.0M
Net Debt	16.5M	6.5M	4.7M	26.2M	21.7M	22.8M
Retained Earnings	49.3M	50.1M	56.5M	59.2M	63.9M	33.7M
Cash	4.2M	11.4M	5.3M	3.9M	4.5M	6.9M
Non Current Assets Total	56.5M	54.8M	51.2M	58.7M	56.7M	59.5M
Non Currrent Assets Other	1.1M	1.1M	1.7M	1.6M	(17.3M)	(18.2M)
Cash And Short Term Investments	4.2M	11.4M	5.3M	3.9M	4.5M	4.3M
Net Receivables	19.8M	17.4M	17.1M	21.6M	23.1M	12.1M
Common Stock Shares Outstanding	7.2M	7.2M	7.3M	7.4M	7.5M	7.7M
Liabilities And Stockholders Equity	116.7M	115.5M	115.0M	138.5M	133.3M	139.9M
Non Current Liabilities Total	18.5M	19.8M	13.9M	16.7M	13.2M	13.9M
Inventory	33.9M	30.1M	34.6M	51.3M	46.4M	48.7M
Other Current Assets	2.2M	1.8M	6.8M	2.9M	2.6M	2.5M
Other Stockholder Equity	22.7M	24.5M	25.7M	26.9M	28.1M	17.8M
Total Liab	45.3M	40.8M	33.9M	54.1M	43.0M	45.1M
Property Plant And Equipment Gross	12.9M	13.4M	11.4M	56.2M	57.6M	60.5M
Total Current Assets	60.2M	60.7M	63.8M	79.8M	76.6M	44.9M
Accumulated Other Comprehensive Income	(1.1M)	(384K)	(1.7M)	(2.2M)	(2.2M)	(2.3M)
Short Term Debt	11.7M	5.3M	1M	17.5M	13.7M	14.4M
Intangible Assets	25.4M	21.5M	19.2M	20.7M	18.8M	19.6M
Accounts Payable	4.4M	5.7M	8.6M	8.6M	8.1M	4.2M
Other Assets	6.2M	7.0M	7.3M	8.5M	9.7M	10.2M
Long Term Debt	7.7M	11.5M	8.2M	12.0M	10.1M	5.9M
Good Will	12.0M	12.8M	12.2M	14.7M	14.6M	13.9M
Common Stock Total Equity	517K	521K	528K	534K	614.1K	455.3K
Short Term Investments	1.5M	7.5M	4.2M	11.4M	13.2M	9.9M
Treasury Stock	(33.5M)	(33.6M)	(34.0M)	(34.2M)	(30.8M)	(29.3M)
Common Stock	517K	521K	528K	534K	541K	460.9K
Property Plant Equipment	11.3M	13.4M	11.4M	14.3M	16.4M	10.6M
Current Deferred Revenue	466K	285K	262K	1.9M	1.3M	1.4M
Other Liab	9.2M	7.2M	4.9M	4.7M	5.5M	4.4M
Net Tangible Assets	34.0M	40.4M	81.0M	48.5M	43.6M	44.8M
Retained Earnings Total Equity	49.3M	50.1M	56.5M	59.2M	68.1M	45.9M
Capital Surpluse	56.1M	58.0M	59.7M	61.1M	70.3M	55.2M
Deferred Long Term Liab	885K	384K	186K	1.3M	1.5M	1.6M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AstroNova in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AstroNova's short interest history, or implied volatility extrapolated from AstroNova options trading.

Pair Trading with AstroNova

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

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

The correlation of AstroNova 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 AstroNova moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AstroNova 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 AstroNova 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 AstroNova 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 AstroNova 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 Astronova Stock. Highlighted below are key reports to facilitate an investment decision about Astronova Stock:

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

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

You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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

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Is AstroNova'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 AstroNova. If investors know AstroNova 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 AstroNova 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

0.995

Earnings Share

0.63

Revenue Per Share

19.971

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0522

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

Short Long Term Debt vs Deferred Long Term Liab

Short Long Term Debt vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Deferred Long Term Liab

AstroNova fundamental ratios Correlations

AstroNova Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AstroNova fundamental ratios Accounts

Pair Trading with AstroNova

Complementary Tools for AstroNova Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 0.97	Non Current Liabilities Total
Retained Earnings	+ 0.96	Total Stockholder Equity
Total Liab	+ 0.96	Non Current Assets Total
Inventory	+ 0.95	Total Current Liabilities
Long Term Debt	+ 0.95	Total Liab
Total Current Liabilities	+ 0.94	Total Assets

Cash And Short Term Investments	- 0.9	Net Debt
Property Plant And Equipment Gross	- 0.77	Non Currrent Assets Other
Cash	- 0.76	Net Debt
Cash And Short Term Investments	- 0.72	Non Current Assets Total
Other Assets	- 0.7	Cash And Short Term Investments
Total Liab	- 0.63	Cash And Short Term Investments