American Total Cash From Operating Activities vs Return On Assets Analysis
AEL Stock | USD 56.47 0.31 0.55% |
American Equity financial indicator trend analysis is way more than just evaluating American Equity Inve prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Equity Inve is a good investment. Please check the relationship between American Equity Total Cash From Operating Activities and its Return On Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Equity Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Total Cash From Operating Activities vs Return On Assets
Total Cash From Operating Activities vs Return On Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Equity Inve Total Cash From Operating Activities account and Return On Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between American Equity's Total Cash From Operating Activities and Return On Assets is 0.1. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Return On Assets in the same time period over historical financial statements of American Equity Investment, assuming nothing else is changed. The correlation between historical values of American Equity's Total Cash From Operating Activities and Return On Assets 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 Cash From Operating Activities of American Equity Investment are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Total Cash From Operating Activities i.e., American Equity's Total Cash From Operating Activities and Return On Assets go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Cash From Operating Activities
Return On Assets
A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.Most indicators from American Equity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Equity Inve 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 Equity Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, American Equity's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 3.7 B this year, although the value of Selling General Administrative will most likely fall to about 124.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.7B | 927.1M | 51.2M | 48.7M | Depreciation And Amortization | 5.5M | 14.2M | 8.7M | 9.1M |
American Equity fundamental ratios Correlations
Click cells to compare fundamentals
American Equity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Equity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.7B | 71.4B | 78.3B | 73.9B | 67.3B | 37.4B | |
Short Long Term Debt Total | 652.4M | 573.8M | 574.7M | 870.8M | 864.6M | 631.2M | |
Total Current Liabilities | 9.3M | 862K | 166.6M | 276.4M | (14.4B) | (13.7B) | |
Total Stockholder Equity | 4.6B | 6.6B | 6.3B | 3.2B | 3.0B | 1.9B | |
Property Plant And Equipment Net | 6M | (2.2B) | (2.2B) | (3.6B) | (3.1B) | (2.9B) | |
Net Debt | (1.6B) | (8.5B) | (3.9B) | (1.0B) | (8.9B) | (8.5B) | |
Retained Earnings | 1.8B | 2.4B | 2.8B | 3.9B | 4.9B | 5.1B | |
Non Current Assets Total | 51.6B | 47.5B | 51.3B | 41.1B | 55.7B | 58.4B | |
Non Currrent Assets Other | (2.9B) | (564.0M) | (542.0M) | (220.9M) | 48.5B | 50.9B | |
Net Receivables | 5.1B | 862K | 166.6M | 55.5M | 37.9M | 36.0M | |
Common Stock Total Equity | 90.4M | 91.1M | 95.7M | 92.5M | 106.4M | 61.5M | |
Common Stock Shares Outstanding | 91.8M | 92.4M | 94.5M | 91.5M | 81.0M | 66.7M | |
Liabilities And Stockholders Equity | 69.7B | 71.4B | 78.3B | 73.9B | 67.3B | 37.4B | |
Non Current Liabilities Total | 830.3M | 1.1B | 1.1B | 70.5B | 78.6B | 82.6B | |
Other Current Assets | 3.1B | 9.5B | 7.1B | 3.7B | 11.6B | 12.2B | |
Other Stockholder Equity | 1.2B | 1.7B | 1.6B | 1.3B | 1.1B | 636.0M | |
Total Liab | 830.3M | 1.1B | 1.1B | 70.7B | 64.2B | 67.5B | |
Total Current Assets | 53.9B | 56.6B | 56.0B | 41.8B | 11.6B | 20.7B | |
Accumulated Other Comprehensive Income | 1.5B | 2.4B | 1.8B | (2.2B) | (3.0B) | (2.8B) | |
Short Term Debt | 0.0 | 495.7M | 496.3M | 792.1M | 910.9M | 956.4M | |
Intangible Assets | 2.9B | 2.2B | 2.2B | 3.6B | 3.1B | 2.0B | |
Common Stock | 91.1M | 95.7M | 92.5M | 84.8M | 79.3M | 63.7M | |
Other Current Liab | 9.3M | 862K | 166.6M | 55.5M | (14.4B) | (13.7B) | |
Cash | 2.3B | 9.1B | 4.5B | 1.9B | 9.8B | 10.3B | |
Cash And Short Term Investments | 53.9B | 56.6B | 55.8B | 41.7B | 44.6B | 22.6B | |
Accounts Payable | 429K | 240.9M | 226.8M | 512.8M | 589.7M | 619.2M | |
Other Liab | 52.8B | 64.0B | 71.2B | 64.1B | 73.8B | 77.4B | |
Other Assets | (35.8B) | (32.8B) | (28.9B) | (8.9B) | 3.4B | 3.6B | |
Long Term Debt | 652.4M | 573.8M | 574.7M | 870.8M | 864.6M | 623.1M | |
Short Term Investments | 51.6B | 47.5B | 51.3B | 39.8B | 1.4B | 1.3B | |
Net Tangible Assets | 4.6B | 6.6B | 6.3B | 3.2B | 3.6B | 3.4B | |
Retained Earnings Total Equity | 1.5B | 1.8B | 2.4B | 2.8B | 3.2B | 3.3B | |
Long Term Debt Total | 652.4M | 573.8M | 574.7M | 870.8M | 1.0B | 743.8M | |
Capital Surpluse | 1.2B | 1.7B | 1.6B | 1.3B | 1.5B | 996.0M | |
Deferred Long Term Liab | 177.9M | 564.0M | 1.5B | 2.6B | 3.0B | 3.1B | |
Long Term Investments | 57.4B | 54.0B | 60.8B | 41.1B | 35.9B | 46.9B |
Pair Trading with American Equity
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 Equity 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 Equity will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
0.67 | MET-PA | MetLife Preferred Stock | PairCorr |
Moving against American Stock
0.71 | CIA | Citizens | PairCorr |
0.52 | FLFG | Federal Life Group | PairCorr |
0.44 | GL | Globe Life | PairCorr |
The ability to find closely correlated positions to American Equity 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 Equity 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 Equity - 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 Equity Investment to buy it.
The correlation of American Equity 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 Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Equity Inve 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 Equity 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American Equity Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the American Equity Inve information on this page should be used as a complementary analysis to other American Equity'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for American Stock analysis
When running American Equity's price analysis, check to measure American Equity'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 American Equity is operating at the current time. Most of American Equity's value examination focuses on studying past and present price action to predict the probability of American Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Equity's price. Additionally, you may evaluate how the addition of American Equity to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is American Equity'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 American Equity. 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 Equity 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 0.188 | Earnings Share 2.06 | Revenue Per Share 35.569 | Quarterly Revenue Growth 0.614 | Return On Assets 0.0027 |
The market value of American Equity Inve 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is American Equity'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 American Equity's market value can be influenced by many factors that don't directly affect American Equity'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 American Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Equity'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.