Andersons Non Operating Income Net Other vs Selling General Administrative Analysis

ANDE Stock

USD 57.27 0.36 0.63%

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 Non Operating Income Net Other and its Selling General Administrative 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.

Non Operating Income Net Other vs Selling General Administrative

Non Operating Income Net Other vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andersons Non Operating Income Net Other account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Andersons' Non Operating Income Net Other and Selling General Administrative is -0.06. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of The Andersons, assuming nothing else is changed. The correlation between historical values of Andersons' Non Operating Income Net Other and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of The Andersons are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Operating Income Net Other i.e., Andersons' Non Operating Income Net Other and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Non Operating Income Net Other

Selling General Administrative

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

Gross Profit Total Revenue

Andersons fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Inventory	Property Plant And Equipment Gross	Short Term Debt	Common Stock Total Equity	Common Stock
Common Stock Shares Outstanding		0.53	0.52	0.54	0.45	0.18	0.4	0.58	0.4	0.37	0.09	0.4	0.45	0.02	0.4	0.2	0.49	0.55	0.5	0.4	0.32	0.45	0.32	0.28	0.46	0.46
Total Assets	0.53		0.95	0.96	0.91	0.56	0.83	0.94	0.42	0.62	0.07	0.42	0.9	0.36	0.7	0.58	0.85	0.9	0.95	0.78	0.61	0.85	0.74	0.65	0.78	0.78
Other Current Liab	0.52	0.95		0.95	0.88	0.41	0.75	0.92	0.55	0.39	0.15	0.55	0.94	0.37	0.51	0.65	0.76	0.81	0.98	0.69	0.42	0.82	0.67	0.67	0.84	0.84
Total Current Liabilities	0.54	0.96	0.95		0.81	0.52	0.71	0.96	0.37	0.46	0.13	0.37	0.94	0.34	0.55	0.45	0.81	0.9	0.97	0.73	0.45	0.92	0.53	0.74	0.77	0.78
Total Stockholder Equity	0.45	0.91	0.88	0.81		0.29	0.94	0.87	0.62	0.51	-0.01	0.62	0.84	0.32	0.55	0.8	0.7	0.69	0.87	0.55	0.5	0.62	0.84	0.37	0.7	0.71
Net Debt	0.18	0.56	0.41	0.52	0.29		0.19	0.36	-0.45	0.81	-0.14	-0.45	0.38	0.25	0.84	-0.16	0.76	0.75	0.37	0.91	0.84	0.65	0.39	0.76	0.42	0.42
Retained Earnings	0.4	0.83	0.75	0.71	0.94	0.19		0.81	0.6	0.51	-0.05	0.6	0.69	0.25	0.49	0.74	0.54	0.6	0.77	0.4	0.44	0.53	0.75	0.22	0.5	0.5
Accounts Payable	0.58	0.94	0.92	0.96	0.87	0.36	0.81		0.5	0.43	0.17	0.5	0.91	0.3	0.51	0.55	0.76	0.83	0.96	0.59	0.39	0.83	0.56	0.53	0.71	0.71
Cash	0.4	0.42	0.55	0.37	0.62	-0.45	0.6	0.5		-0.17	0.23	1.0	0.45	0.07	-0.09	0.86	0.04	0.08	0.54	-0.08	-0.17	0.09	0.5	-0.13	0.4	0.41
Non Current Assets Total	0.37	0.62	0.39	0.46	0.51	0.81	0.51	0.43	-0.17		-0.2	-0.18	0.29	0.16	0.96	0.11	0.72	0.73	0.35	0.8	0.97	0.51	0.66	0.41	0.38	0.38
Non Currrent Assets Other	0.09	0.07	0.15	0.13	-0.01	-0.14	-0.05	0.17	0.23	-0.2		0.23	0.07	0.16	-0.05	0.17	-0.02	0.06	0.17	-0.07	-0.28	0.13	-0.12	-0.04	0.11	0.11
Cash And Short Term Investments	0.4	0.42	0.55	0.37	0.62	-0.45	0.6	0.5	1.0	-0.18	0.23		0.45	0.07	-0.09	0.86	0.04	0.08	0.54	-0.08	-0.17	0.09	0.5	-0.13	0.4	0.41
Net Receivables	0.45	0.9	0.94	0.94	0.84	0.38	0.69	0.91	0.45	0.29	0.07	0.45		0.34	0.4	0.54	0.79	0.77	0.96	0.62	0.33	0.84	0.54	0.66	0.83	0.83
Short Term Investments	0.02	0.36	0.37	0.34	0.32	0.25	0.25	0.3	0.07	0.16	0.16	0.07	0.34		0.26	0.32	0.33	0.32	0.36	0.29	0.09	0.37	0.18	0.25	0.34	0.35
Non Current Liabilities Total	0.4	0.7	0.51	0.55	0.55	0.84	0.49	0.51	-0.09	0.96	-0.05	-0.09	0.4	0.26		0.2	0.8	0.8	0.46	0.88	0.95	0.6	0.7	0.49	0.53	0.53
Other Current Assets	0.2	0.58	0.65	0.45	0.8	-0.16	0.74	0.55	0.86	0.11	0.17	0.86	0.54	0.32	0.2		0.27	0.24	0.61	0.16	0.13	0.2	0.76	-0.02	0.53	0.53
Other Stockholder Equity	0.49	0.85	0.76	0.81	0.7	0.76	0.54	0.76	0.04	0.72	-0.02	0.04	0.79	0.33	0.8	0.27		0.92	0.75	0.88	0.75	0.85	0.6	0.67	0.81	0.81
Total Liab	0.55	0.9	0.81	0.9	0.69	0.75	0.6	0.83	0.08	0.73	0.06	0.08	0.77	0.32	0.8	0.24	0.92		0.81	0.88	0.71	0.95	0.53	0.74	0.77	0.77
Total Current Assets	0.5	0.95	0.98	0.97	0.87	0.37	0.77	0.96	0.54	0.35	0.17	0.54	0.96	0.36	0.46	0.61	0.75	0.81		0.63	0.35	0.86	0.59	0.64	0.8	0.81
Short Long Term Debt Total	0.4	0.78	0.69	0.73	0.55	0.91	0.4	0.59	-0.08	0.8	-0.07	-0.08	0.62	0.29	0.88	0.16	0.88	0.88	0.63		0.85	0.78	0.62	0.82	0.71	0.71
Property Plant And Equipment Net	0.32	0.61	0.42	0.45	0.5	0.84	0.44	0.39	-0.17	0.97	-0.28	-0.17	0.33	0.09	0.95	0.13	0.75	0.71	0.35	0.85		0.5	0.71	0.48	0.45	0.45
Inventory	0.45	0.85	0.82	0.92	0.62	0.65	0.53	0.83	0.09	0.51	0.13	0.09	0.84	0.37	0.6	0.2	0.85	0.95	0.86	0.78	0.5		0.35	0.79	0.79	0.79
Property Plant And Equipment Gross	0.32	0.74	0.67	0.53	0.84	0.39	0.75	0.56	0.5	0.66	-0.12	0.5	0.54	0.18	0.7	0.76	0.6	0.53	0.59	0.62	0.71	0.35		0.27	0.6	0.6
Short Term Debt	0.28	0.65	0.67	0.74	0.37	0.76	0.22	0.53	-0.13	0.41	-0.04	-0.13	0.66	0.25	0.49	-0.02	0.67	0.74	0.64	0.82	0.48	0.79	0.27		0.6	0.59
Common Stock Total Equity	0.46	0.78	0.84	0.77	0.7	0.42	0.5	0.71	0.4	0.38	0.11	0.4	0.83	0.34	0.53	0.53	0.81	0.77	0.8	0.71	0.45	0.79	0.6	0.6		1.0
Common Stock	0.46	0.78	0.84	0.78	0.71	0.42	0.5	0.71	0.41	0.38	0.11	0.41	0.83	0.35	0.53	0.53	0.81	0.77	0.81	0.71	0.45	0.79	0.6	0.59	1.0

Click cells to compare fundamentals

Andersons Account Relationship Matchups

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

Andersons Investors Sentiment

The influence of Andersons' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Andersons. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Andersons' public news can be used to forecast risks associated with an investment in Andersons. The trend in average sentiment can be used to explain how an investor holding Andersons can time the market purely based on public headlines and social activities around The Andersons. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Andersons' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Andersons' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Andersons' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Andersons.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Andersons in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Andersons' short interest history, or implied volatility extrapolated from Andersons options trading.

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

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0.91	BG	Bunge Limited Financial Report 1st of May 2024	Pair Corr
0.74	BJ	BJs Wholesale Club Financial Report 28th of May 2024	Pair Corr

Moving against Andersons Stock

0.8	YI	111 Inc	Pair Corr
0.72	IH	IhumanInc	Pair Corr
0.7	LW	Lamb Weston Holdings Financial Report 23rd of July 2024	Pair Corr
0.65	VINE	Fresh Grapes LLC	Pair Corr
0.55	DLTR	Dollar Tree Financial Report 23rd of May 2024	Pair Corr

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.

Pair Correlation Correlation Matching

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:

How To Invest In Andersons

Details

Is Andersons Stock a good investment?

Details

What is Andersons' Net Worth?

Details

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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Andersons Stock analysis

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.

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Andersons Non Operating Income Net Other vs Selling General Administrative Analysis

Non Operating Income Net Other vs Selling General Administrative

Non Operating Income Net Other vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Non Operating Income Net Other

Selling General Administrative

Andersons fundamental ratios Correlations

Andersons Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Andersons fundamental ratios Accounts

Andersons Investors Sentiment

Pair Trading with Andersons

Moving together with Andersons Stock

Moving against Andersons Stock

Complementary Tools for Andersons Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.98	Other Current Liab
Total Current Assets	+ 0.97	Total Current Liabilities
Property Plant And Equipment Net	+ 0.97	Non Current Assets Total
Total Current Liabilities	+ 0.96	Total Assets

Cash And Short Term Investments	- 0.45	Net Debt
Cash	- 0.45	Net Debt
Property Plant And Equipment Net	- 0.28	Non Currrent Assets Other
Non Currrent Assets Other	- 0.2	Non Current Assets Total
Cash And Short Term Investments	- 0.18	Non Current Assets Total
Property Plant And Equipment Net	- 0.17	Cash And Short Term Investments