AXIS Free Cash Flow per Share vs EBITDA Margin Analysis

AXS Stock  USD 65.02  0.03  0.05%   
Trend analysis of AXIS Capital Holdings balance sheet accounts such as Total Stockholder Equity of 5.4 B, Other Liabilities of 15.6 B or Retained Earnings of 4.7 B provides information on AXIS Capital's total assets, liabilities, and equity, which is the actual value of AXIS Capital Holdings to its prevalent stockholders. By breaking down trends over time using AXIS Capital balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

About AXIS Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of AXIS Capital Holdings at a specified time, usually calculated after every quarter, six months, or one year. AXIS Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AXIS Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AXIS currently owns. An asset can also be divided into two categories, current and non-current.

AXIS Capital Balance Sheet Chart

AXIS Capital Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how AXIS Capital Holdings uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, AXIS Capital's Net Debt is comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 8.8 B in 2024, whereas Retained Earnings are likely to drop slightly above 4.7 B in 2024.

Total Assets

Total assets refers to the total amount of AXIS Capital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AXIS Capital Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from AXIS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXIS Capital Holdings 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 AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Selling General Administrative is likely to gain to about 718.7 M in 2024. Tax Provision is likely to gain to about 100.2 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit5.3B5.1B5.6B4.1B
Total Revenue5.3B5.1B5.6B4.1B

AXIS Capital fundamental ratios Correlations

0.620.330.910.670.310.7-0.5-0.20.780.85-0.870.41-0.880.990.850.730.84-0.050.070.680.550.370.870.860.91
0.620.040.80.060.340.18-0.41-0.10.260.69-0.40.48-0.510.50.690.060.690.340.390.270.62-0.210.350.410.29
0.330.040.180.640.040.690.24-0.440.620.46-0.27-0.3-0.310.360.10.210.470.03-0.070.44-0.070.620.420.370.34
0.910.80.180.440.420.46-0.5-0.110.620.84-0.820.55-0.860.860.840.480.830.130.250.460.690.110.690.710.71
0.670.060.640.440.310.920.04-0.290.920.6-0.74-0.19-0.740.730.440.740.61-0.08-0.120.550.070.790.740.690.79
0.310.340.040.420.310.070.280.540.260.47-0.440.02-0.470.290.170.340.470.660.71-0.370.19-0.220.280.390.36
0.70.180.690.460.920.07-0.1-0.570.920.64-0.68-0.13-0.690.740.50.640.65-0.23-0.280.740.130.880.750.680.75
-0.5-0.410.24-0.50.040.28-0.10.28-0.08-0.090.36-0.730.34-0.48-0.76-0.32-0.070.610.48-0.64-0.58-0.01-0.48-0.46-0.35
-0.2-0.1-0.44-0.11-0.290.54-0.570.28-0.32-0.210.080.170.09-0.21-0.190.07-0.210.580.65-0.660.11-0.72-0.27-0.16-0.09
0.780.260.620.620.920.260.92-0.08-0.320.71-0.850.08-0.860.810.570.670.71-0.04-0.070.610.370.720.740.70.8
0.850.690.460.840.60.470.64-0.09-0.210.71-0.680.1-0.730.810.560.431.00.340.410.40.330.30.640.650.71
-0.87-0.4-0.27-0.82-0.74-0.44-0.680.360.08-0.85-0.68-0.40.99-0.88-0.75-0.77-0.680.07-0.02-0.51-0.58-0.43-0.82-0.81-0.86
0.410.48-0.30.55-0.190.02-0.13-0.730.170.080.1-0.4-0.390.360.620.180.09-0.18-0.040.260.92-0.350.30.340.24
-0.88-0.51-0.31-0.86-0.74-0.47-0.690.340.09-0.86-0.730.99-0.39-0.88-0.79-0.71-0.74-0.02-0.08-0.51-0.61-0.41-0.79-0.8-0.83
0.990.50.360.860.730.290.74-0.48-0.210.810.81-0.880.36-0.880.810.790.8-0.110.010.70.50.440.890.870.95
0.850.690.10.840.440.170.5-0.76-0.190.570.56-0.750.62-0.790.810.590.56-0.19-0.130.680.710.190.740.740.69
0.730.060.210.480.740.340.64-0.320.070.670.43-0.770.18-0.710.790.590.43-0.22-0.120.540.250.450.850.850.93
0.840.690.470.830.610.470.65-0.07-0.210.711.0-0.680.09-0.740.80.560.430.350.410.40.330.310.640.650.7
-0.050.340.030.13-0.080.66-0.230.610.58-0.040.340.07-0.18-0.02-0.11-0.19-0.220.350.95-0.60.01-0.48-0.29-0.19-0.13
0.070.39-0.070.25-0.120.71-0.280.480.65-0.070.41-0.02-0.04-0.080.01-0.13-0.120.410.95-0.580.08-0.56-0.18-0.07-0.01
0.680.270.440.460.55-0.370.74-0.64-0.660.610.4-0.510.26-0.510.70.680.540.4-0.6-0.580.320.660.750.680.63
0.550.62-0.070.690.070.190.13-0.580.110.370.33-0.580.92-0.610.50.710.250.330.010.080.32-0.190.410.450.37
0.37-0.210.620.110.79-0.220.88-0.01-0.720.720.3-0.43-0.35-0.410.440.190.450.31-0.48-0.560.66-0.190.530.410.49
0.870.350.420.690.740.280.75-0.48-0.270.740.64-0.820.3-0.790.890.740.850.64-0.29-0.180.750.410.530.990.92
0.860.410.370.710.690.390.68-0.46-0.160.70.65-0.810.34-0.80.870.740.850.65-0.19-0.070.680.450.410.990.91
0.910.290.340.710.790.360.75-0.35-0.090.80.71-0.860.24-0.830.950.690.930.7-0.13-0.010.630.370.490.920.91
Click cells to compare fundamentals

AXIS Capital Account Relationship Matchups

AXIS Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.6B25.9B27.4B27.6B28.3B20.2B
Total Stockholder Equity5.5B5.3B5.4B4.6B5.3B5.4B
Other Liab10.9B1.4B1.8B12.9B14.8B15.6B
Retained Earnings6.1B5.8B6.2B6.2B6.4B4.7B
Accounts Payable1.3B1.1B1.3B1.5B1.8B1.9B
Cash1.2B902.8M844.6M751.4M1.4B1.3B
Non Current Assets Total13.5B13.3B14.0B13.1B16.5B17.4B
Non Currrent Assets Other(13.5B)(13.3B)(14.0B)(13.1B)(441.0M)(463.1M)
Other Assets(9.1B)(8.2B)(8.2B)(6.9B)(6.2B)(5.9B)
Net Receivables7.4B7.7B8.4B9.2B10.1B10.6B
Common Stock Shares Outstanding84.5M84.3M85.3M85.7M86.0M96.2M
Short Term Investments12.5B12.2B12.3B11.4B17.2M16.4M
Liabilities And Stockholders Equity25.6B25.9B27.4B27.6B28.3B20.2B
Other Stockholder Equity(1.5B)(1.4B)(1.4B)(1.4B)(1.4B)(1.3B)
Total Liab20.1B20.6B22.0B23.0B23.1B14.8B
Total Current Assets21.1B20.8B21.5B21.4B11.8B16.4B
Intangible Assets230.6M219.6M208.7M197.8M186.9M115.3M
Other Current Liab(1.3B)(1.1B)(1.3B)(102.6M)16.4B17.3B
Total Current Liabilities1.3B1.1B1.3B1.5B18.3B10.3B
Net Debt682.6M547.1M585.9M744.9M138.6M145.6M
Cash And Short Term Investments13.7B13.1B13.2B12.1B5.3B8.8B
Other Current Assets9.0B9.4B9.7B10.5B11.8B12.4B
Accumulated Other Comprehensive Income171.7M414.4M56.5M(760.3M)(365.8M)(347.5M)
Short Long Term Debt Total1.9B1.4B1.4B1.5B1.5B1.1B
Long Term Debt1.8B1.3B1.3B1.3B1.4B1.1B
Non Current Liabilities Total1.9B1.4B1.4B1.5B4.8B5.1B
Treasury Stock(3.8B)(3.8B)(3.8B)(3.7B)(3.4B)(3.5B)
Inventory(9.0B)(9.4B)(9.7B)(10.5B)(15.4B)(14.6B)
Net Tangible Assets4.4B4.4B4.6B3.8B3.4B3.7B
Retained Earnings Total Equity5.9B6.1B5.8B6.2B7.1B5.7B
Long Term Debt Total1.8B1.3B1.3B1.3B1.5B1.3B
Capital Surpluse2.3B2.3B2.3B2.4B2.7B2.5B
Long Term Investments14.4B14.3B13.6B12.7B13.7B15.0B
Non Current Liabilities Other17.6B18.2B19.2B20.6B23.7B16.8B

Pair Trading with AXIS Capital

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 AXIS Capital 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 AXIS Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with AXIS Stock

  0.91AGO Assured Guaranty Financial Report 14th of May 2024 PairCorr
  0.91AIZ Assurant Financial Report 7th of May 2024 PairCorr

Moving against AXIS Stock

  0.81FAF First American Normal TradingPairCorr
The ability to find closely correlated positions to AXIS Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AXIS Capital 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 AXIS Capital - 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 AXIS Capital Holdings to buy it.
The correlation of AXIS Capital 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 AXIS Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AXIS Capital Holdings 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 AXIS Capital 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 CorrelationCorrelation Matching
When determining whether AXIS Capital Holdings is a strong investment it is important to analyze AXIS Capital'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 AXIS Capital's future performance. For an informed investment choice regarding AXIS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is AXIS Capital'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 AXIS Capital. If investors know AXIS 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 AXIS Capital 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
4.226
Dividend Share
1.76
Earnings Share
4.02
Revenue Per Share
66.282
Quarterly Revenue Growth
0.023
The market value of AXIS Capital Holdings is measured differently than its book value, which is the value of AXIS that is recorded on the company's balance sheet. Investors also form their own opinion of AXIS Capital's value that differs from its market value or its book value, called intrinsic value, which is AXIS Capital'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 AXIS Capital's market value can be influenced by many factors that don't directly affect AXIS Capital'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 AXIS Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXIS Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXIS Capital'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.