Astronics Non Current Assets Total from 2010 to 2024

ATRO Stock  USD 16.49  0.30  1.79%   
Astronics Non Current Assets Total yearly trend continues to be very stable with very little volatility. Non Current Assets Total are likely to grow to about 272.2 M this year. Non Current Assets Total is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. View All Fundamentals
 
Non Current Assets Total  
First Reported
1985-12-31
Previous Quarter
249.6 M
Current Value
259.2 M
Quarterly Volatility
141.3 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Astronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Astronics main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.4 M, Interest Expense of 24.5 M or Selling General Administrative of 126 M, as well as many exotic indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0 or PTB Ratio of 1.84. Astronics financial statements analysis is a perfect complement when working with Astronics Valuation or Volatility modules.
  
This module can also supplement Astronics' financial leverage analysis and stock options assessment as well as various Astronics Technical models . Check out the analysis of Astronics Correlation against competitors.
To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.

Latest Astronics' Non Current Assets Total Growth Pattern

Below is the plot of the Non Current Assets Total of Astronics over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Astronics' Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Astronics' overall financial position and show how it may be relating to other accounts over time.
Non Current Assets Total10 Years Trend
Slightly volatile
   Non Current Assets Total   
       Timeline  

Astronics Non Current Assets Total Regression Statistics

Arithmetic Mean274,494,513
Geometric Mean217,338,979
Coefficient Of Variation45.25
Mean Deviation89,771,319
Median280,073,000
Standard Deviation124,219,227
Sample Variance15430.4T
Range428.4M
R-Value0.48
Mean Square Error12772.2T
R-Squared0.23
Significance0.07
Slope13,361,346
Total Sum of Squares216025.8T

Astronics Non Current Assets Total History

2024272.2 M
2023259.2 M
2022249.7 M
2021269.3 M
2020302.8 M
2019439.6 M
2018400.5 M

About Astronics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Astronics income statement, its balance sheet, and the statement of cash flows. Astronics investors use historical funamental indicators, such as Astronics's Non Current Assets Total, to determine how well the company is positioned to perform in the future. Although Astronics investors may use each financial statement separately, they are all related. The changes in Astronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Astronics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Astronics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Astronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Current Assets Total259.2 M272.2 M

Pair Trading with Astronics

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

Moving against Astronics Stock

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The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics 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 Astronics - 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 Astronics to buy it.
The correlation of Astronics 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 Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics 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 Astronics 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 Astronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astronics' 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 Astronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astronics Stock:
Check out the analysis of Astronics Correlation against competitors.
To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Astronics' price analysis, check to measure Astronics' 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 Astronics is operating at the current time. Most of Astronics' value examination focuses on studying past and present price action to predict the probability of Astronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astronics' price. Additionally, you may evaluate how the addition of Astronics to your portfolios can decrease your overall portfolio volatility.
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Is Astronics' 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 Astronics. If investors know Astronics 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 Astronics 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
(0.93)
Earnings Share
(0.80)
Revenue Per Share
20.819
Quarterly Revenue Growth
0.235
Return On Assets
(0.01)
The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' 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 Astronics' market value can be influenced by many factors that don't directly affect Astronics' 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 Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' 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.