AMERISAFE Other Liab vs Accounts Payable Analysis

AMSF Stock  USD 43.83  0.49  1.13%   
AMERISAFE financial indicator trend analysis is way more than just evaluating AMERISAFE prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMERISAFE is a good investment. Please check the relationship between AMERISAFE Other Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMERISAFE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in AMERISAFE Stock please use our How to Invest in AMERISAFE guide.

Other Liab vs Accounts Payable

Other Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMERISAFE Other Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between AMERISAFE's Other Liab and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of AMERISAFE, assuming nothing else is changed. The correlation between historical values of AMERISAFE's Other Liab and Accounts Payable 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 Liab of AMERISAFE are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., AMERISAFE's Other Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Accounts Payable

An accounting item on the balance sheet that represents AMERISAFE 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 AMERISAFE 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.
Most indicators from AMERISAFE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMERISAFE 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 AMERISAFE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in AMERISAFE Stock please use our How to Invest in AMERISAFE guide.The AMERISAFE's current Tax Provision is estimated to increase to about 17.9 M, while Selling General Administrative is projected to decrease to roughly 24.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit265.2M244.1M306.9M291.0M
Total Revenue316.0M294.7M306.9M329.6M

AMERISAFE fundamental ratios Correlations

-0.450.950.12-0.580.840.23-0.760.2-0.160.91-0.630.550.690.960.360.10.630.18-0.09-0.070.230.640.550.910.91
-0.45-0.360.210.54-0.32-0.310.280.20.79-0.730.180.46-0.57-0.39-0.10.21-0.47-0.31-0.13-0.14-0.4-0.5-0.36-0.34-0.35
0.95-0.360.18-0.670.950.03-0.790.42-0.180.81-0.540.550.780.880.320.130.520.32-0.3-0.280.070.430.380.810.81
0.120.210.18-0.50.19-0.240.140.340.420.07-0.570.14-0.240.220.290.81-0.080.610.010.01-0.76-0.29-0.260.30.3
-0.580.54-0.67-0.5-0.690.20.35-0.470.35-0.640.440.09-0.56-0.54-0.31-0.4-0.35-0.880.230.230.3-0.08-0.13-0.53-0.53
0.84-0.320.950.19-0.69-0.2-0.750.59-0.240.68-0.450.470.820.70.380.10.50.44-0.42-0.42-0.080.170.210.630.63
0.23-0.310.03-0.240.2-0.2-0.08-0.85-0.130.32-0.120.070.010.33-0.44-0.24-0.02-0.420.30.380.540.750.50.290.29
-0.760.28-0.790.140.35-0.75-0.08-0.30.06-0.640.47-0.5-0.79-0.65-0.12-0.08-0.33-0.080.010.0-0.13-0.39-0.27-0.61-0.61
0.20.20.420.34-0.470.59-0.85-0.30.10.01-0.130.230.340.090.350.320.040.52-0.44-0.5-0.52-0.5-0.350.090.09
-0.160.79-0.180.420.35-0.24-0.130.060.1-0.33-0.350.52-0.6-0.020.110.58-0.25-0.220.390.38-0.4-0.2-0.060.10.1
0.91-0.730.810.07-0.640.680.32-0.640.01-0.33-0.620.190.640.90.370.110.690.240.140.160.320.710.60.880.88
-0.630.18-0.54-0.570.44-0.45-0.120.47-0.13-0.35-0.62-0.37-0.13-0.67-0.43-0.57-0.31-0.32-0.44-0.450.25-0.26-0.24-0.73-0.73
0.550.460.550.140.090.470.07-0.50.230.520.19-0.370.160.550.170.110.19-0.29-0.18-0.170.030.260.260.520.52
0.69-0.570.78-0.24-0.560.820.01-0.790.34-0.60.64-0.130.160.520.06-0.220.370.3-0.43-0.420.210.290.160.40.4
0.96-0.390.880.22-0.540.70.33-0.650.09-0.020.9-0.670.550.520.310.220.570.130.030.050.230.720.580.980.98
0.36-0.10.320.29-0.310.38-0.44-0.120.350.110.37-0.430.170.060.310.290.80.210.10.05-0.14-0.040.150.380.39
0.10.210.130.81-0.40.1-0.24-0.080.320.580.11-0.570.11-0.220.220.29-0.050.460.350.34-0.7-0.17-0.170.380.38
0.63-0.470.52-0.08-0.350.5-0.02-0.330.04-0.250.69-0.310.190.370.570.8-0.050.040.060.040.350.450.550.580.57
0.18-0.310.320.61-0.880.44-0.42-0.080.52-0.220.24-0.32-0.290.30.130.210.460.04-0.2-0.22-0.59-0.34-0.160.140.14
-0.09-0.13-0.30.010.23-0.420.30.01-0.440.390.14-0.44-0.18-0.430.030.10.350.06-0.21.00.090.280.290.180.18
-0.07-0.14-0.280.010.23-0.420.380.0-0.50.380.16-0.45-0.17-0.420.050.050.340.04-0.221.00.110.320.30.20.2
0.23-0.40.07-0.760.3-0.080.54-0.13-0.52-0.40.320.250.030.210.23-0.14-0.70.35-0.590.090.110.660.550.150.15
0.64-0.50.43-0.29-0.080.170.75-0.39-0.5-0.20.71-0.260.260.290.72-0.04-0.170.45-0.340.280.320.660.760.690.69
0.55-0.360.38-0.26-0.130.210.5-0.27-0.35-0.060.6-0.240.260.160.580.15-0.170.55-0.160.290.30.550.760.580.58
0.91-0.340.810.3-0.530.630.29-0.610.090.10.88-0.730.520.40.980.380.380.580.140.180.20.150.690.581.0
0.91-0.350.810.3-0.530.630.29-0.610.090.10.88-0.730.520.40.980.390.380.570.140.180.20.150.690.581.0
Click cells to compare fundamentals

AMERISAFE Account Relationship Matchups

AMERISAFE fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.5B1.4B1.3B1.2B1.2B
Total Stockholder Equity430.2M438.8M399.3M317.4M292.5M299.4M
Property Plant And Equipment Net6.3M6.5M6.7M7.3M6.3M7.2M
Net Debt(43.3M)(61.3M)(70.3M)(61.1M)(38.4M)(40.3M)
Retained Earnings227.2M224.6M190.5M145.5M114.3M152.8M
Non Current Assets Total1.1B1.1B1.0B896.3M864.1M907.3M
Non Currrent Assets Other(1.1B)(1.1B)(1.0B)(40.2M)(864.1M)(907.3M)
Other Assets63.9M51.3M57.1M(281.0M)(263.6M)(250.4M)
Cash And Short Term Investments43.8M61.8M70.7M61.5M355.7M373.5M
Net Receivables253.9M262.6M255.7M247.4M272.9M252.4M
Common Stock Shares Outstanding19.3M19.4M19.4M19.3M19.2M16.9M
Short Term Investments497.7M460.2M399.2M335.2M317.1M346.9M
Liabilities And Stockholders Equity1.5B1.5B1.4B1.3B1.2B1.2B
Non Current Liabilities Total1.1B1.0B997.0M38.1M271.6M258.0M
Other Stockholder Equity190.6M192.9M195.1M185.5M185.1M164.0M
Total Liab40.1M38.9M37.9M951.8M815.6M806.1M
Property Plant And Equipment Gross6.1M6.3M6.3M6.5M7.5M7.1M
Total Current Assets297.7M324.3M326.4M654.0M628.6M433.5M
Cash43.8M61.8M70.7M61.5M38.7M65.1M
Other Current Liab(40.1M)(38.9M)(37.9M)(22.8M)544.0M571.2M
Total Current Liabilities40.1M38.9M37.9M38.1M544.0M571.2M
Other Liab642.5M902.8M882.3M798.8M918.6M468.7M
Accounts Payable40.1M38.9M37.9M38.1M43.8M32.9M
Long Term Debt37.9M43.4M42.9M48.8M56.1M38.6M
Accumulated Other Comprehensive Income12.2M21.0M13.5M(13.8M)(7.2M)(6.8M)
Property Plant Equipment6.3M6.2M6.5M7.2M8.3M7.2M
Other Current Assets345.2M397.9M379.9M276.9M271.6M298.6M
Net Tangible Assets430.2M438.8M399.3M317.4M285.7M328.5M
Good Will1.1B1.1B987.8M816.9M939.4M986.4M
Retained Earnings Total Equity227.2M224.6M190.5M145.5M131.0M179.9M
Long Term Debt Total37.9M43.4M42.9M48.8M56.1M43.7M
Capital Surpluse213.0M215.3M217.5M220.3M253.3M226.0M
Inventory(345.2M)(397.9M)(379.9M)68.2M(271.6M)(258.0M)
Long Term Investments1.1B1.1B1.0B897.4M857.8M1.1B
Non Current Liabilities Other1.0B988.2M960.5M903.0M1.0B1.1B
Intangible Assets19.0M17.8M17.1M17.4M18.0M19.1M

Currently Active Assets on Macroaxis

When determining whether AMERISAFE is a strong investment it is important to analyze AMERISAFE'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 AMERISAFE's future performance. For an informed investment choice regarding AMERISAFE Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMERISAFE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in AMERISAFE Stock please use our How to Invest in AMERISAFE guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is AMERISAFE'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 AMERISAFE. If investors know AMERISAFE 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 AMERISAFE 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
(0.02)
Dividend Share
1.39
Earnings Share
3.21
Revenue Per Share
16.136
Quarterly Revenue Growth
0.026
The market value of AMERISAFE is measured differently than its book value, which is the value of AMERISAFE that is recorded on the company's balance sheet. Investors also form their own opinion of AMERISAFE's value that differs from its market value or its book value, called intrinsic value, which is AMERISAFE'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 AMERISAFE's market value can be influenced by many factors that don't directly affect AMERISAFE'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 AMERISAFE's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMERISAFE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERISAFE'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.