AMERISAFE Property Plant And Equipment Net vs Common Stock Shares Outstanding 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 Property Plant And Equipment Net and its Common Stock Shares Outstanding 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.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMERISAFE Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AMERISAFE's Property Plant And Equipment Net and Common Stock Shares Outstanding is -0.57. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of AMERISAFE, assuming nothing else is changed. The correlation between historical values of AMERISAFE's Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of AMERISAFE are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., AMERISAFE's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.