American Total Other Income Expense Net vs Depreciation And Amortization Analysis

AAT Stock  USD 21.23  0.01  0.05%   
American Assets financial indicator trend analysis is way more than just evaluating American Assets Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Assets Trust is a good investment. Please check the relationship between American Assets Total Other Income Expense Net and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Other Income Expense Net vs Depreciation And Amortization

Total Other Income Expense Net vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Assets Trust Total Other Income Expense Net account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between American Assets' Total Other Income Expense Net and Depreciation And Amortization is -0.59. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of American Assets Trust, assuming nothing else is changed. The correlation between historical values of American Assets' Total Other Income Expense Net and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of American Assets Trust are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Other Income Expense Net i.e., American Assets' Total Other Income Expense Net and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Other Income Expense Net

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from American Assets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Assets Trust 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 American Assets Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, American Assets' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 18.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense58.6M58.2M64.7M58.0M
Depreciation And Amortization115.9M122.7M119.5M82.3M

American Assets fundamental ratios Correlations

0.790.85-0.390.580.710.62-0.450.850.70.430.780.710.870.820.340.63-0.190.83-0.720.680.85-0.450.540.450.74
0.790.96-0.630.570.980.77-0.510.940.950.611.00.890.720.950.520.49-0.260.96-0.860.940.97-0.510.570.790.92
0.850.96-0.620.520.890.66-0.490.990.890.520.950.850.780.990.420.64-0.30.99-0.830.851.0-0.490.610.680.89
-0.39-0.63-0.62-0.31-0.62-0.380.3-0.61-0.58-0.33-0.62-0.5-0.61-0.61-0.28-0.60.37-0.610.75-0.54-0.610.3-0.43-0.58-0.76
0.580.570.52-0.310.570.6-0.480.510.60.280.590.610.460.420.20.09-0.370.44-0.50.530.54-0.480.080.50.49
0.710.980.89-0.620.570.8-0.490.850.940.650.980.870.640.870.560.36-0.260.89-0.850.970.91-0.490.510.820.91
0.620.770.66-0.380.60.8-0.370.590.760.790.770.670.590.610.720.170.120.66-0.740.770.69-0.370.490.790.63
-0.45-0.51-0.490.3-0.48-0.49-0.37-0.54-0.490.1-0.56-0.84-0.24-0.460.25-0.130.45-0.460.36-0.33-0.51.00.29-0.23-0.4
0.850.940.99-0.610.510.850.59-0.540.870.410.930.850.760.990.320.66-0.330.98-0.790.80.99-0.540.550.630.87
0.70.950.89-0.580.60.940.76-0.490.870.590.950.850.650.880.50.43-0.310.89-0.810.910.92-0.490.520.830.86
0.430.610.52-0.330.280.650.790.10.410.590.570.320.480.50.980.150.10.54-0.670.710.540.10.760.670.58
0.781.00.95-0.620.590.980.77-0.560.930.950.570.920.690.930.480.46-0.280.95-0.840.930.96-0.560.50.770.91
0.710.890.85-0.50.610.870.67-0.840.850.850.320.920.530.820.190.31-0.380.83-0.680.760.86-0.840.170.610.77
0.870.720.78-0.610.460.640.59-0.240.760.650.480.690.530.760.420.83-0.120.77-0.860.660.78-0.240.70.60.76
0.820.950.99-0.610.420.870.61-0.460.990.880.50.930.820.760.420.67-0.271.0-0.810.830.99-0.460.630.670.88
0.340.520.42-0.280.20.560.720.250.320.50.980.480.190.420.420.110.20.45-0.580.640.450.250.760.610.48
0.630.490.64-0.60.090.360.17-0.130.660.430.150.460.310.830.670.11-0.190.65-0.640.380.62-0.130.640.360.58
-0.19-0.26-0.30.37-0.37-0.260.120.45-0.33-0.310.1-0.28-0.38-0.12-0.270.2-0.19-0.250.28-0.22-0.290.450.05-0.09-0.41
0.830.960.99-0.610.440.890.66-0.460.980.890.540.950.830.771.00.450.65-0.25-0.830.850.99-0.460.640.690.89
-0.72-0.86-0.830.75-0.5-0.85-0.740.36-0.79-0.81-0.67-0.84-0.68-0.86-0.81-0.58-0.640.28-0.83-0.85-0.840.36-0.69-0.84-0.93
0.680.940.85-0.540.530.970.77-0.330.80.910.710.930.760.660.830.640.38-0.220.85-0.850.87-0.330.60.840.88
0.850.971.0-0.610.540.910.69-0.50.990.920.540.960.860.780.990.450.62-0.290.99-0.840.87-0.50.610.720.89
-0.45-0.51-0.490.3-0.48-0.49-0.371.0-0.54-0.490.1-0.56-0.84-0.24-0.460.25-0.130.45-0.460.36-0.33-0.50.29-0.23-0.4
0.540.570.61-0.430.080.510.490.290.550.520.760.50.170.70.630.760.640.050.64-0.690.60.610.290.590.64
0.450.790.68-0.580.50.820.79-0.230.630.830.670.770.610.60.670.610.36-0.090.69-0.840.840.72-0.230.590.78
0.740.920.89-0.760.490.910.63-0.40.870.860.580.910.770.760.880.480.58-0.410.89-0.930.880.89-0.40.640.78
Click cells to compare fundamentals

American Assets Account Relationship Matchups

American Assets fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding54.1M76.1M76.2M76.2M76.3M67.0M
Total Assets2.8B2.8B3.0B3.0B3.0B2.3B
Short Long Term Debt Total1.4B1.4B1.6B1.6B1.7B1.3B
Other Current Liab(76.6M)(26.0M)(22.7M)(22.0M)(91.1M)(86.6M)
Total Current Liabilities70.9M165.0M72.4M108.7M98.1M75.3M
Total Stockholder Equity1.3B1.3B1.2B1.2B1.2B862.2M
Other Liab69.7M97.9M94.1M62.4M71.8M65.0M
Net Debt1.3B1.3B1.5B1.6B1.6B1.2B
Accounts Payable62.6M59.3M64.5M66.0M61.3M43.8M
Cash99.3M137.3M139.5M49.6M82.9M73.7M
Non Current Assets Total2.7B2.7B2.8B2.8B2.8B2.2B
Non Currrent Assets Other2.6B2.6B2.7B2.8B2.7B1.8B
Other Assets46.4M2.7B2.9B2.8B2.8B2.9B
Long Term Debt1.4B1.3B1.6B1.6B1.7B1.3B
Cash And Short Term Investments99.3M137.3M139.5M49.6M82.9M75.7M
Net Receivables12.0M6.9M90.2M95.0M96.8M101.7M
Liabilities And Stockholders Equity2.8B2.8B3.0B3.0B3.0B2.3B
Non Current Liabilities Total1.4B1.4B1.7B1.7B1.7B1.3B
Other Current Assets(173.6M)(218.5M)(229.7M)(144.6M)(179.7M)(170.7M)
Other Stockholder Equity1.5B1.4B1.5B1.5B1.1B1.0B
Total Liab1.5B1.6B1.8B1.8B1.8B1.4B
Total Current Assets121.5M146.0M229.7M144.6M190.2M126.8M
Accumulated Other Comprehensive Income5.7M1.8M2.9M10.6M8.3M8.7M
Intangible Assets76.8M67.1M70.3M64.2M57.2M50.0M
Net Tangible Assets1.3B1.3B1.2B1.2B1.4B1.0B
Noncontrolling Interest In Consolidated Entity(20.2M)(18.0M)(28.8M)(35.7M)(32.2M)(30.6M)
Retained Earnings(144.4M)(176.6M)(217.8M)(251.2M)(280.2M)(266.2M)
Common Stock Total Equity474K601K605K607K698.1K541.6K
Retained Earnings Total Equity(144.4M)(176.6M)(217.8M)(251.2M)(226.1M)(214.7M)
Long Term Debt Total1.4B1.3B1.6B1.6B1.9B1.3B
Capital Surpluse1.5B1.4B1.5B1.5B1.7B1.1B
Deferred Long Term Liab46.4M39.2M39.2M39.7M45.7M25.6M
Non Current Liabilities Other68.1M91.3M86.2M79.6M16.6M15.8M
Short Term Debt51.0M99.2M1.6B34.1M100M178.9M

American Assets Investors Sentiment

The influence of American Assets' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to American Assets' public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Assets Trust. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Assets' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Assets' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Assets' news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Assets.
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 American Assets 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, American Assets' short interest history, or implied volatility extrapolated from American Assets options trading.

Pair Trading with American Assets

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

Moving against American Stock

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The ability to find closely correlated positions to American Assets could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Assets 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 American Assets - 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 American Assets Trust to buy it.
The correlation of American Assets 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 American Assets moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Assets Trust 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 American Assets 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 American Assets Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if American Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about American Assets Trust Stock. Highlighted below are key reports to facilitate an investment decision about American Assets Trust Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the American Assets Trust information on this page should be used as a complementary analysis to other American Assets' 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is American Assets' 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 American Assets. If investors know American 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 American Assets 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
0.086
Dividend Share
1.32
Earnings Share
0.84
Revenue Per Share
7.26
Quarterly Revenue Growth
0.061
The market value of American Assets Trust is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Assets' value that differs from its market value or its book value, called intrinsic value, which is American Assets' 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 American Assets' market value can be influenced by many factors that don't directly affect American Assets' 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 American Assets' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Assets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Assets' 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.