AMERISAFE Total Current Assets vs Other Current Liab 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 Total Current Assets and its Other Current Liab 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.
Total Current Assets vs Other Current Liab
Total Current Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMERISAFE Total Current Assets account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between AMERISAFE's Total Current Assets and Other Current Liab is 0.06. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of AMERISAFE, assuming nothing else is changed. The correlation between historical values of AMERISAFE's Total Current Assets and Other Current 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 Total Current Assets of AMERISAFE are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Assets i.e., AMERISAFE's Total Current Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Other Current Liab
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 Profit | 265.2M | 244.1M | 306.9M | 291.0M | Total Revenue | 316.0M | 294.7M | 306.9M | 329.6M |
AMERISAFE fundamental ratios Correlations
Click cells to compare fundamentals
AMERISAFE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AMERISAFE fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.5B | 1.4B | 1.3B | 1.2B | 1.2B | |
Total Stockholder Equity | 430.2M | 438.8M | 399.3M | 317.4M | 292.5M | 299.4M | |
Property Plant And Equipment Net | 6.3M | 6.5M | 6.7M | 7.3M | 6.3M | 7.2M | |
Net Debt | (43.3M) | (61.3M) | (70.3M) | (61.1M) | (38.4M) | (40.3M) | |
Retained Earnings | 227.2M | 224.6M | 190.5M | 145.5M | 114.3M | 152.8M | |
Non Current Assets Total | 1.1B | 1.1B | 1.0B | 896.3M | 864.1M | 907.3M | |
Non Currrent Assets Other | (1.1B) | (1.1B) | (1.0B) | (40.2M) | (864.1M) | (907.3M) | |
Other Assets | 63.9M | 51.3M | 57.1M | (281.0M) | (263.6M) | (250.4M) | |
Cash And Short Term Investments | 43.8M | 61.8M | 70.7M | 61.5M | 355.7M | 373.5M | |
Net Receivables | 253.9M | 262.6M | 255.7M | 247.4M | 272.9M | 252.4M | |
Common Stock Shares Outstanding | 19.3M | 19.4M | 19.4M | 19.3M | 19.2M | 16.9M | |
Short Term Investments | 497.7M | 460.2M | 399.2M | 335.2M | 317.1M | 346.9M | |
Liabilities And Stockholders Equity | 1.5B | 1.5B | 1.4B | 1.3B | 1.2B | 1.2B | |
Non Current Liabilities Total | 1.1B | 1.0B | 997.0M | 38.1M | 271.6M | 258.0M | |
Other Stockholder Equity | 190.6M | 192.9M | 195.1M | 185.5M | 185.1M | 164.0M | |
Total Liab | 40.1M | 38.9M | 37.9M | 951.8M | 815.6M | 806.1M | |
Property Plant And Equipment Gross | 6.1M | 6.3M | 6.3M | 6.5M | 7.5M | 7.1M | |
Total Current Assets | 297.7M | 324.3M | 326.4M | 654.0M | 628.6M | 433.5M | |
Cash | 43.8M | 61.8M | 70.7M | 61.5M | 38.7M | 65.1M | |
Other Current Liab | (40.1M) | (38.9M) | (37.9M) | (22.8M) | 544.0M | 571.2M | |
Total Current Liabilities | 40.1M | 38.9M | 37.9M | 38.1M | 544.0M | 571.2M | |
Other Liab | 642.5M | 902.8M | 882.3M | 798.8M | 918.6M | 468.7M | |
Accounts Payable | 40.1M | 38.9M | 37.9M | 38.1M | 43.8M | 32.9M | |
Long Term Debt | 37.9M | 43.4M | 42.9M | 48.8M | 56.1M | 38.6M | |
Accumulated Other Comprehensive Income | 12.2M | 21.0M | 13.5M | (13.8M) | (7.2M) | (6.8M) | |
Property Plant Equipment | 6.3M | 6.2M | 6.5M | 7.2M | 8.3M | 7.2M | |
Other Current Assets | 345.2M | 397.9M | 379.9M | 276.9M | 271.6M | 298.6M | |
Net Tangible Assets | 430.2M | 438.8M | 399.3M | 317.4M | 285.7M | 328.5M | |
Good Will | 1.1B | 1.1B | 987.8M | 816.9M | 939.4M | 986.4M | |
Retained Earnings Total Equity | 227.2M | 224.6M | 190.5M | 145.5M | 131.0M | 179.9M | |
Long Term Debt Total | 37.9M | 43.4M | 42.9M | 48.8M | 56.1M | 43.7M | |
Capital Surpluse | 213.0M | 215.3M | 217.5M | 220.3M | 253.3M | 226.0M | |
Inventory | (345.2M) | (397.9M) | (379.9M) | 68.2M | (271.6M) | (258.0M) | |
Long Term Investments | 1.1B | 1.1B | 1.0B | 897.4M | 857.8M | 1.1B | |
Non Current Liabilities Other | 1.0B | 988.2M | 960.5M | 903.0M | 1.0B | 1.1B | |
Intangible Assets | 19.0M | 17.8M | 17.1M | 17.4M | 18.0M | 19.1M |
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for AMERISAFE Stock analysis
When running AMERISAFE's price analysis, check to measure AMERISAFE'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 AMERISAFE is operating at the current time. Most of AMERISAFE's value examination focuses on studying past and present price action to predict the probability of AMERISAFE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMERISAFE's price. Additionally, you may evaluate how the addition of AMERISAFE to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |
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.