Andersons Net Debt vs Treasury Stock Analysis
ANDE Stock | USD 54.96 0.02 0.04% |
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 Net Debt and its Treasury Stock 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.
Net Debt vs Treasury Stock
Net Debt vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andersons Net Debt account and Treasury Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Andersons' Net Debt and Treasury Stock is 0.2. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of The Andersons, assuming nothing else is changed. The correlation between historical values of Andersons' Net Debt and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of The Andersons are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Debt i.e., Andersons' Net Debt and Treasury Stock go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Treasury Stock
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 Profit | 592.7M | 684.2M | 745.4M | 782.6M | Total Revenue | 12.6B | 17.3B | 14.8B | 15.5B |
Andersons fundamental ratios Correlations
Click cells to compare fundamentals
Andersons Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Andersons fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 33.1M | 33.2M | 33.9M | 34.4M | 34.4M | 30.2M | |
Total Assets | 3.9B | 4.3B | 4.6B | 4.6B | 3.9B | 4.0B | |
Other Current Liab | 237.6M | 314.7M | 372.4M | 344.4M | 323.1M | 339.3M | |
Total Current Liabilities | 1.5B | 1.9B | 2.5B | 2.5B | 1.6B | 1.7B | |
Total Stockholder Equity | 1.2B | 1.2B | 1.1B | 1.4B | 1.5B | 1.6B | |
Net Debt | 1.2B | 1.4B | 949.4M | 797.1M | 21.4M | 20.4M | |
Retained Earnings | 642.7M | 626.1M | 702.8M | 807.8M | 882.9M | 927.1M | |
Accounts Payable | 873.1M | 957.7M | 1.2B | 1.4B | 1.1B | 1.1B | |
Cash | 54.9M | 29.1M | 216.4M | 115.3M | 643.9M | 676.0M | |
Non Current Assets Total | 2.0B | 1.9B | 1.2B | 1.1B | 1.0B | 693.6M | |
Non Currrent Assets Other | 20.8M | 49.9M | 112.2M | (15.8M) | 87.0M | 67.7M | |
Cash And Short Term Investments | 54.9M | 29.1M | 216.4M | 115.3M | 643.9M | 676.0M | |
Net Receivables | 536.4M | 659.8M | 835.2M | 1.2B | 762.5M | 800.7M | |
Liabilities And Stockholders Equity | 3.9B | 4.3B | 4.6B | 4.6B | 3.9B | 4.0B | |
Non Current Liabilities Total | 1.3B | 1.2B | 797.6M | 656.9M | 702.3M | 430.6M | |
Other Current Assets | 92.3M | 106.1M | 74.5M | 71.6M | 233.9M | 245.6M | |
Other Stockholder Equity | 565.2M | 546.5M | 368.3M | 601.4M | 376.9M | 189.4M | |
Total Liab | 2.7B | 3.1B | 3.3B | 3.2B | 2.3B | 1.2B | |
Total Current Assets | 2.0B | 2.4B | 3.4B | 3.5B | 2.8B | 2.9B | |
Short Long Term Debt Total | 1.3B | 1.4B | 1.2B | 912.4M | 665.3M | 470.9M | |
Property Plant And Equipment Net | 1.6B | 1.5B | 838.2M | 824.6M | 747.6M | 489.5M | |
Inventory | 1.2B | 1.3B | 1.8B | 1.7B | 1.2B | 668.6M | |
Property Plant And Equipment Gross | 1.6B | 1.5B | 786.0M | 762.7M | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | (7.2M) | (12.1M) | 1.2M | 20.5M | 22.9M | 24.0M | |
Short Term Debt | 209.9M | 479.2M | 534.0M | 382.7M | 70.7M | 137.0M | |
Common Stock Total Equity | 137K | 138K | 140K | 142K | 163.3K | 111.4K | |
Common Stock | 137K | 138K | 140K | 142K | 163.3K | 112.2K | |
Other Liab | 187.4M | 226.1M | 165.8M | 127.2M | 146.3M | 101.2M | |
Other Assets | 13.3M | 697.9M | 112.2M | 39.5M | 1.0 | 0.95 | |
Long Term Debt | 1.0B | 916.5M | 600.5M | 492.5M | 563.0M | 394.3M | |
Treasury Stock | (7.3M) | (966K) | (263K) | (15.0M) | (13.5M) | (14.2M) | |
Intangible Assets | 175.3M | 142.9M | 117.1M | 100.9M | 85.6M | 56.3M | |
Property Plant Equipment | 938.4M | 879.2M | 838.2M | 762.7M | 877.1M | 921.0M | |
Current Deferred Revenue | 133.6M | 180.2M | 358.1M | 370.5M | 187.1M | 105.8M | |
Net Tangible Assets | 973.6M | 961.9M | 1.1B | 1.2B | 1.4B | 884.6M | |
Noncontrolling Interest In Consolidated Entity | 222.0M | 198.8M | 235.3M | 231.2M | 265.8M | 279.1M | |
Retained Earnings Total Equity | 642.7M | 626.1M | 702.8M | 807.8M | 928.9M | 648.8M |
Pair Trading with Andersons
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 Andersons 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 Andersons will appreciate offsetting losses from the drop in the long position's value.Moving together with Andersons Stock
0.64 | GO | Grocery Outlet Holding Financial Report 14th of May 2024 | PairCorr |
0.71 | SFM | Sprouts Farmers Market Financial Report 6th of May 2024 | PairCorr |
0.69 | TGT | Target Financial Report 15th of May 2024 | PairCorr |
Moving against Andersons Stock
0.71 | IH | IhumanInc | PairCorr |
0.69 | LW | Lamb Weston Holdings Financial Report 23rd of July 2024 | PairCorr |
0.64 | IMKTA | Ingles Markets rporated Earnings Call Today | PairCorr |
0.51 | LFLY | Leafly Holdings Earnings Call This Week | PairCorr |
0.49 | ACI | Albertsons Companies Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Andersons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andersons 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 Andersons - 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 The Andersons to buy it.
The correlation of Andersons 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 Andersons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andersons 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 Andersons 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.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 CEOs Directory module to screen CEOs from public companies around the world.
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When running Andersons' price analysis, check to measure Andersons' 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 Andersons is operating at the current time. Most of Andersons' value examination focuses on studying past and present price action to predict the probability of Andersons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andersons' price. Additionally, you may evaluate how the addition of Andersons to your portfolios can decrease your overall portfolio volatility.
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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 0.74 | Earnings Share 2.94 | Revenue Per Share 437.455 | Quarterly Revenue Growth (0.31) |
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.