Armstrong Property Plant Equipment vs Capital Stock Analysis

AWI Stock  USD 139.55  0.82  0.58%   
Armstrong World financial indicator trend analysis is way more than just evaluating Armstrong World Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Armstrong World Indu is a good investment. Please check the relationship between Armstrong World Property Plant Equipment and its Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Property Plant Equipment vs Capital Stock

Property Plant Equipment vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Armstrong World Indu Property Plant Equipment account and Capital Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Armstrong World's Property Plant Equipment and Capital Stock is 0.19. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Armstrong World Industries, assuming nothing else is changed. The correlation between historical values of Armstrong World's Property Plant Equipment and Capital 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 Property Plant Equipment of Armstrong World Industries are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Property Plant Equipment i.e., Armstrong World's Property Plant Equipment and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Armstrong World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Armstrong World Indu 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 Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
As of now, Armstrong World's Enterprise Value Multiple is increasing as compared to previous years. The Armstrong World's current Enterprise Value is estimated to increase to about 1.4 B, while Tax Provision is projected to decrease to under 42.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit405.6M449.1M497M481.3M
Total Revenue1.1B1.2B1.3B1.8B

Armstrong World fundamental ratios Correlations

0.740.580.45-0.340.860.840.70.880.210.560.66-0.26-0.780.50.690.83-0.310.690.46-0.390.780.140.480.780.13
0.740.00.87-0.610.860.970.340.940.260.260.190.06-0.730.020.570.4-0.260.57-0.16-0.770.33-0.450.090.440.11
0.580.0-0.240.260.210.170.720.24-0.170.340.7-0.33-0.430.750.430.71-0.050.430.770.290.820.670.650.68-0.03
0.450.87-0.24-0.490.60.820.110.740.14-0.030.10.02-0.52-0.050.120.27-0.150.12-0.29-0.690.15-0.650.070.11-0.01
-0.34-0.610.26-0.49-0.47-0.550.19-0.45-0.170.080.29-0.050.140.48-0.320.050.54-0.320.430.790.170.230.160.00.23
0.860.860.210.6-0.470.90.60.910.330.440.39-0.14-0.850.230.70.55-0.330.70.21-0.550.51-0.160.150.660.07
0.840.970.170.82-0.550.90.480.970.260.280.33-0.04-0.810.170.60.55-0.230.60.02-0.70.49-0.340.20.540.0
0.70.340.720.110.190.60.480.60.110.620.81-0.25-0.870.840.610.7-0.090.610.760.230.910.240.530.920.17
0.880.940.240.74-0.450.910.970.60.330.490.44-0.03-0.870.310.690.59-0.250.690.14-0.570.59-0.280.270.70.17
0.210.26-0.170.14-0.170.330.260.110.330.41-0.07-0.15-0.22-0.090.29-0.010.110.29-0.07-0.15-0.02-0.18-0.040.280.41
0.560.260.34-0.030.080.440.280.620.490.410.59-0.03-0.480.570.570.44-0.260.570.490.180.580.170.370.780.67
0.660.190.70.10.290.390.330.810.44-0.070.59-0.48-0.570.940.220.9-0.190.220.880.340.940.360.820.690.24
-0.260.06-0.330.02-0.05-0.14-0.04-0.25-0.03-0.15-0.03-0.480.09-0.360.18-0.490.30.18-0.57-0.25-0.36-0.42-0.62-0.180.09
-0.78-0.73-0.43-0.520.14-0.85-0.81-0.87-0.87-0.22-0.48-0.570.09-0.55-0.7-0.60.08-0.7-0.40.21-0.730.14-0.3-0.82-0.11
0.50.020.75-0.050.480.230.170.840.31-0.090.570.94-0.36-0.550.220.77-0.020.220.90.540.920.350.740.710.19
0.690.570.430.12-0.320.70.60.610.690.290.570.220.18-0.70.220.29-0.191.00.16-0.340.470.110.070.790.23
0.830.40.710.270.050.550.550.70.59-0.010.440.9-0.49-0.60.770.29-0.130.290.750.010.90.30.730.630.06
-0.31-0.26-0.05-0.150.54-0.33-0.23-0.09-0.250.11-0.26-0.190.30.08-0.02-0.19-0.13-0.19-0.130.24-0.15-0.23-0.31-0.220.05
0.690.570.430.12-0.320.70.60.610.690.290.570.220.18-0.70.221.00.29-0.190.16-0.340.470.110.070.790.23
0.46-0.160.77-0.290.430.210.020.760.14-0.070.490.88-0.57-0.40.90.160.75-0.130.160.590.830.580.680.630.05
-0.39-0.770.29-0.690.79-0.55-0.70.23-0.57-0.150.180.34-0.250.210.54-0.340.010.24-0.340.590.20.40.270.070.14
0.780.330.820.150.170.510.490.910.59-0.020.580.94-0.36-0.730.920.470.9-0.150.470.830.20.330.750.840.12
0.14-0.450.67-0.650.23-0.16-0.340.24-0.28-0.180.170.36-0.420.140.350.110.3-0.230.110.580.40.330.520.230.02
0.480.090.650.070.160.150.20.530.27-0.040.370.82-0.62-0.30.740.070.73-0.310.070.680.270.750.520.460.23
0.780.440.680.110.00.660.540.920.70.280.780.69-0.18-0.820.710.790.63-0.220.790.630.070.840.230.460.3
0.130.11-0.03-0.010.230.070.00.170.170.410.670.240.09-0.110.190.230.060.050.230.050.140.120.020.230.3
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Armstrong World Account Relationship Matchups

Armstrong World fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B1.7B1.7B1.7B2.2B
Short Long Term Debt Total646.1M755.7M671.6M687M640.4M591.2M
Total Stockholder Equity364.9M450.9M519.7M535M591.8M501.5M
Net Debt600.8M618.8M573.5M581M569.6M378.3M
Other Assets164.3M261M845.3M142.6M128.3M121.9M
Common Stock Shares Outstanding52.1M49.5M47.9M46.4M44.8M51.7M
Liabilities And Stockholders Equity1.5B1.7B1.7B1.7B1.7B2.2B
Non Current Liabilities Total973.2M1.1B980.7M969.5M886.1M841.8M
Other Stockholder Equity(267.8M)(310.2M)(382.7M)(535.4M)(650.7M)(618.2M)
Total Liab1.1B1.3B1.2B1.2B1.1B1.0B
Other Current Liab64.3M59.2M71M(99.7M)68.9M52.8M
Total Current Liabilities155.2M172.3M209.6M182.7M194.5M309.7M
Property Plant And Equipment Net524.6M529.9M542.8M554.4M618.2M763.2M
Retained Earnings1.0B869.8M1.0B1.2B1.3B1.4B
Accounts Payable79.4M81.3M105.8M105M91M86.5M
Cash45.3M136.9M98.1M106M70.8M67.3M
Non Current Assets Total1.2B1.4B1.4B1.3B1.4B1.7B
Non Currrent Assets Other190.5M876.8M845.3M400K(41.1M)(39.0M)
Cash And Short Term Investments45.3M136.9M98.1M106M70.8M67.3M
Net Receivables115.1M80.6M110.5M114.2M111.8M195.8M
Inventory68.5M81.5M90.2M110M104M98.8M
Other Current Assets700K1.4M800K1.3M26.4M27.7M
Property Plant And Equipment Gross559.9M569.5M542.8M554.4M1.2B781.1M
Total Current Assets244.4M311.8M321.9M356.5M313M297.4M
Accumulated Other Comprehensive Income(376.1M)(109.3M)(109.6M)(100.1M)(104.7M)(109.9M)
Short Term Debt11.5M31.8M32.8M8.1M32.3M32.1M
Good Will53M160.7M167M167.3M175.5M193.0M
Intangible Assets411.9M457.9M421.4M407.7M412.4M411.5M
Other Liab323M1.1B980.7M290.6M261.5M248.5M
Long Term Debt604.5M690.5M606.4M651.1M564.3M740.1M
Treasury Stock(692.2M)(823.5M)(863.9M)(944M)(849.6M)(807.1M)
Property Plant Equipment559.9M529.9M542.8M554.4M499.0M659.1M
Net Tangible Assets(100M)(167.3M)(68.7M)(40M)(36M)(34.2M)
Long Term Debt Total604.5M690.5M606.4M651.1M586.0M654.8M

Currently Active Assets on Macroaxis

When determining whether Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Building Products space 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 Armstrong World. If investors know Armstrong 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 Armstrong World 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
0.119
Earnings Share
5.68
Revenue Per Share
30.705
Quarterly Revenue Growth
0.122
Return On Assets
0.0948
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.