Andersons Common Stock Shares Outstanding vs Total Current Liabilities Analysis

ANDE Stock  USD 51.47  0.99  1.89%   
Andersons financial indicator trend analysis is way more than just evaluating Andersons prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andersons is a good investment. Please check the relationship between Andersons Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Andersons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andersons Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Andersons' Common Stock Shares Outstanding and Total Current Liabilities is 0.54. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of The Andersons, assuming nothing else is changed. The correlation between historical values of Andersons' Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of The Andersons are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Andersons' Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Andersons balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of The Andersons are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Andersons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andersons 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 The Andersons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At present, Andersons' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.07, whereas Selling General Administrative is forecasted to decline to about 247.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit592.7M684.2M745.4M782.6M
Total Revenue12.6B17.3B14.8B15.5B

Andersons fundamental ratios Correlations

0.530.520.540.450.180.40.580.40.370.090.40.450.020.40.20.490.550.50.40.320.450.320.280.460.46
0.530.950.960.910.560.830.940.420.620.070.420.90.360.70.580.850.90.950.780.610.850.740.650.780.78
0.520.950.950.880.410.750.920.550.390.150.550.940.370.510.650.760.810.980.690.420.820.670.670.840.84
0.540.960.950.810.520.710.960.370.460.130.370.940.340.550.450.810.90.970.730.450.920.530.740.770.78
0.450.910.880.810.290.940.870.620.51-0.010.620.840.320.550.80.70.690.870.550.50.620.840.370.70.71
0.180.560.410.520.290.190.36-0.450.81-0.14-0.450.380.250.84-0.160.760.750.370.910.840.650.390.760.420.42
0.40.830.750.710.940.190.810.60.51-0.050.60.690.250.490.740.540.60.770.40.440.530.750.220.50.5
0.580.940.920.960.870.360.810.50.430.170.50.910.30.510.550.760.830.960.590.390.830.560.530.710.71
0.40.420.550.370.62-0.450.60.5-0.170.231.00.450.07-0.090.860.040.080.54-0.08-0.170.090.5-0.130.40.41
0.370.620.390.460.510.810.510.43-0.17-0.2-0.180.290.160.960.110.720.730.350.80.970.510.660.410.380.38
0.090.070.150.13-0.01-0.14-0.050.170.23-0.20.230.070.16-0.050.17-0.020.060.17-0.07-0.280.13-0.12-0.040.110.11
0.40.420.550.370.62-0.450.60.51.0-0.180.230.450.07-0.090.860.040.080.54-0.08-0.170.090.5-0.130.40.41
0.450.90.940.940.840.380.690.910.450.290.070.450.340.40.540.790.770.960.620.330.840.540.660.830.83
0.020.360.370.340.320.250.250.30.070.160.160.070.340.260.320.330.320.360.290.090.370.180.250.340.35
0.40.70.510.550.550.840.490.51-0.090.96-0.05-0.090.40.260.20.80.80.460.880.950.60.70.490.530.53
0.20.580.650.450.8-0.160.740.550.860.110.170.860.540.320.20.270.240.610.160.130.20.76-0.020.530.53
0.490.850.760.810.70.760.540.760.040.72-0.020.040.790.330.80.270.920.750.880.750.850.60.670.810.81
0.550.90.810.90.690.750.60.830.080.730.060.080.770.320.80.240.920.810.880.710.950.530.740.770.77
0.50.950.980.970.870.370.770.960.540.350.170.540.960.360.460.610.750.810.630.350.860.590.640.80.81
0.40.780.690.730.550.910.40.59-0.080.8-0.07-0.080.620.290.880.160.880.880.630.850.780.620.820.710.71
0.320.610.420.450.50.840.440.39-0.170.97-0.28-0.170.330.090.950.130.750.710.350.850.50.710.480.450.45
0.450.850.820.920.620.650.530.830.090.510.130.090.840.370.60.20.850.950.860.780.50.350.790.790.79
0.320.740.670.530.840.390.750.560.50.66-0.120.50.540.180.70.760.60.530.590.620.710.350.270.60.6
0.280.650.670.740.370.760.220.53-0.130.41-0.04-0.130.660.250.49-0.020.670.740.640.820.480.790.270.60.59
0.460.780.840.770.70.420.50.710.40.380.110.40.830.340.530.530.810.770.80.710.450.790.60.61.0
0.460.780.840.780.710.420.50.710.410.380.110.410.830.350.530.530.810.770.810.710.450.790.60.591.0
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Andersons Account Relationship Matchups

Andersons fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding33.1M33.2M33.9M34.4M34.4M30.2M
Total Assets3.9B4.3B4.6B4.6B3.9B4.0B
Other Current Liab237.6M314.7M372.4M344.4M323.1M339.3M
Total Current Liabilities1.5B1.9B2.5B2.5B1.6B1.7B
Total Stockholder Equity1.2B1.2B1.1B1.4B1.5B1.6B
Net Debt1.2B1.4B949.4M797.1M21.4M20.4M
Retained Earnings642.7M626.1M702.8M807.8M882.9M927.1M
Accounts Payable873.1M957.7M1.2B1.4B1.1B1.1B
Cash54.9M29.1M216.4M115.3M643.9M676.0M
Non Current Assets Total2.0B1.9B1.2B1.1B1.0B693.6M
Non Currrent Assets Other20.8M49.9M112.2M(15.8M)87.0M67.7M
Cash And Short Term Investments54.9M29.1M216.4M115.3M643.9M676.0M
Net Receivables536.4M659.8M835.2M1.2B762.5M800.7M
Liabilities And Stockholders Equity3.9B4.3B4.6B4.6B3.9B4.0B
Non Current Liabilities Total1.3B1.2B797.6M656.9M702.3M430.6M
Other Current Assets92.3M106.1M74.5M71.6M233.9M245.6M
Other Stockholder Equity565.2M546.5M368.3M601.4M376.9M189.4M
Total Liab2.7B3.1B3.3B3.2B2.3B1.2B
Total Current Assets2.0B2.4B3.4B3.5B2.8B2.9B
Short Long Term Debt Total1.3B1.4B1.2B912.4M665.3M470.9M
Property Plant And Equipment Net1.6B1.5B838.2M824.6M747.6M489.5M
Inventory1.2B1.3B1.8B1.7B1.2B668.6M
Property Plant And Equipment Gross1.6B1.5B786.0M762.7M1.5B1.6B
Accumulated Other Comprehensive Income(7.2M)(12.1M)1.2M20.5M22.9M24.0M
Short Term Debt209.9M479.2M534.0M382.7M70.7M137.0M
Common Stock Total Equity137K138K140K142K163.3K111.4K
Common Stock137K138K140K142K163.3K112.2K
Other Liab187.4M226.1M165.8M127.2M146.3M101.2M
Other Assets13.3M697.9M112.2M39.5M1.00.95
Long Term Debt1.0B916.5M600.5M492.5M563.0M394.3M
Treasury Stock(7.3M)(966K)(263K)(15.0M)(13.5M)(14.2M)
Intangible Assets175.3M142.9M117.1M100.9M85.6M56.3M
Property Plant Equipment938.4M879.2M838.2M762.7M877.1M921.0M
Current Deferred Revenue133.6M180.2M358.1M370.5M187.1M105.8M
Net Tangible Assets973.6M961.9M1.1B1.2B1.4B884.6M
Noncontrolling Interest In Consolidated Entity222.0M198.8M235.3M231.2M265.8M279.1M
Retained Earnings Total Equity642.7M626.1M702.8M807.8M928.9M648.8M

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When determining whether Andersons is a strong investment it is important to analyze Andersons' 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 Andersons' future performance. For an informed investment choice regarding Andersons Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Andersons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Andersons information on this page should be used as a complementary analysis to other Andersons' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Is Andersons' 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 Andersons. If investors know Andersons 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 Andersons 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
4.776
Dividend Share
0.745
Earnings Share
3.51
Revenue Per Share
402.038
Quarterly Revenue Growth
(0.30)
The market value of Andersons is measured differently than its book value, which is the value of Andersons that is recorded on the company's balance sheet. Investors also form their own opinion of Andersons' value that differs from its market value or its book value, called intrinsic value, which is Andersons' 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 Andersons' market value can be influenced by many factors that don't directly affect Andersons' 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 Andersons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Andersons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Andersons' 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.