Associated Capital Group Stock Current Asset
| AC Stock | USD 32.78 0.06 0.18% |
Associated Capital Group fundamentals help investors to digest information that contributes to Associated Capital's financial success or failures. It also enables traders to predict the movement of Associated Stock. The fundamental analysis module provides a way to measure Associated Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Associated Capital stock.
At present, Associated Capital's Total Current Assets are projected to increase significantly based on the last few years of reporting. Associated | Current Asset |
Associated Capital Group Company Current Asset Analysis
Associated Capital's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Associated Capital Current Asset | 213.21 M |
Most of Associated Capital's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Associated Capital Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Associated Current Asset Historical Pattern
Today, most investors in Associated Capital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Associated Capital's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Associated Capital current asset as a starting point in their analysis.
Associated Capital Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Associated Total Assets
Total Assets |
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In accordance with the recently published financial statements, Associated Capital Group has a Current Asset of 213.21 M. This is 96.85% lower than that of the Capital Markets sector and 96.14% lower than that of the Financials industry. The current asset for all United States stocks is 97.72% higher than that of the company.
Associated Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Associated Capital's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Associated Capital could also be used in its relative valuation, which is a method of valuing Associated Capital by comparing valuation metrics of similar companies.Associated Capital is currently under evaluation in current asset category among related companies.
Associated Fundamentals
| Return On Equity | 0.0416 | |||
| Return On Asset | -0.0113 | |||
| Profit Margin | 2.95 % | |||
| Operating Margin | (0.86) % | |||
| Current Valuation | 302.72 M | |||
| Shares Outstanding | 2.54 M | |||
| Shares Owned By Insiders | 2.06 % | |||
| Shares Owned By Institutions | 71.23 % | |||
| Number Of Shares Shorted | 9.28 K | |||
| Price To Earning | 48.28 X | |||
| Price To Book | 0.76 X | |||
| Price To Sales | 54.62 X | |||
| Revenue | 55.72 M | |||
| Gross Profit | (3.65 M) | |||
| EBITDA | 26.45 M | |||
| Net Income | 37.45 M | |||
| Cash And Equivalents | 404.46 M | |||
| Cash Per Share | 16.77 X | |||
| Debt To Equity | 0.11 % | |||
| Current Ratio | 20.94 X | |||
| Book Value Per Share | 42.11 X | |||
| Cash Flow From Operations | 6.15 M | |||
| Short Ratio | 1.10 X | |||
| Earnings Per Share | 1.72 X | |||
| Target Price | 10.87 | |||
| Number Of Employees | 25 | |||
| Beta | 0.9 | |||
| Market Capitalization | 707.34 M | |||
| Total Asset | 943.8 M | |||
| Retained Earnings | 48.23 M | |||
| Working Capital | 426.17 M | |||
| Current Asset | 213.21 M | |||
| Current Liabilities | 76.87 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.53 % | |||
| Net Asset | 943.8 M | |||
| Last Dividend Paid | 0.2 |
About Associated Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Associated Capital Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Associated Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Associated Capital Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Associated Capital 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, Associated Capital's short interest history, or implied volatility extrapolated from Associated Capital options trading.
Pair Trading with Associated 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 Associated 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 Associated Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Associated Stock
| 0.75 | ACBA | Ace Global Business | PairCorr |
| 0.74 | PWP | Perella Weinberg Partners | PairCorr |
| 0.73 | OWL | Blue Owl Capital Earnings Call Next Week | PairCorr |
| 0.72 | WTMAU | Welsbach Technology | PairCorr |
| 0.68 | AMG | Affiliated Managers Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Associated 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 Associated 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 Associated 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 Associated Capital Group to buy it.
The correlation of Associated 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 Associated Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Capital 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 Associated 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.Check out Associated Capital Piotroski F Score and Associated Capital Altman Z Score analysis. Note that the Associated Capital information on this page should be used as a complementary analysis to other Associated Capital's 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Associated Stock analysis
When running Associated Capital's price analysis, check to measure Associated Capital's 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 Associated Capital is operating at the current time. Most of Associated Capital's value examination focuses on studying past and present price action to predict the probability of Associated Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Capital's price. Additionally, you may evaluate how the addition of Associated Capital to your portfolios can decrease your overall portfolio volatility.
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Is Associated 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 Associated Capital. If investors know Associated 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 Associated 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 0.214 | Dividend Share 0.2 | Earnings Share 1.72 | Revenue Per Share 0.583 | Quarterly Revenue Growth (0.25) |
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated 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 Associated Capital's market value can be influenced by many factors that don't directly affect Associated 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 Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated 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.