Astronics Total Assets from 2010 to 2024
| ATRO Stock | USD 16.46 0.33 1.97% |
Total Assets | First Reported 1985-12-31 | Previous Quarter 630.9 M | Current Value 649 M | Quarterly Volatility 271.3 M |
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.
Astronics | Total Assets |
Latest Astronics' Total Assets Growth Pattern
Below is the plot of the Total Assets of Astronics over the last few years. Total assets refers to the total amount of Astronics 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 Astronics 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. It is 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. Astronics' Total Assets 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.
| View | Last Reported 649 M | 10 Years Trend |
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Total Assets |
| Timeline |
Astronics Total Assets Regression Statistics
| Arithmetic Mean | 542,701,987 | |
| Geometric Mean | 429,739,350 | |
| Coefficient Of Variation | 41.96 | |
| Mean Deviation | 169,925,726 | |
| Median | 609,243,000 | |
| Standard Deviation | 227,707,079 | |
| Sample Variance | 51850.5T | |
| Range | 764.5M | |
| R-Value | 0.75 | |
| Mean Square Error | 24610.5T | |
| R-Squared | 0.56 | |
| Significance | 0 | |
| Slope | 38,077,470 | |
| Total Sum of Squares | 725907.2T |
Astronics Total Assets History
Other Fundumenentals of Astronics
Astronics Total Assets component correlations
Click cells to compare fundamentals
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 Total Assets, 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 Reported | Projected for Next Year | ||
| Total Assets | 649 M | 681.4 M | |
| Intangibles To Total Assets | 0.19 | 0.16 |
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 Astronics 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, Astronics' short interest history, or implied volatility extrapolated from Astronics options trading.
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
| 0.49 | DCO | Ducommun Incorporated Financial Report 2nd of May 2024 | PairCorr |
| 0.43 | VTSI | VirTra Inc Financial Report 20th of May 2024 | PairCorr |
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.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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Astronics Stock analysis
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.