American Common Stock Total Equity vs Other Current Assets Analysis

AEP Stock  USD 92.67  0.13  0.14%   
American Electric financial indicator trend analysis is way more than just evaluating American Electric Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Electric Power is a good investment. Please check the relationship between American Electric Common Stock Total Equity and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Electric Power. 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.

Common Stock Total Equity vs Other Current Assets

Common Stock Total Equity vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Electric Power Common Stock Total Equity account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between American Electric's Common Stock Total Equity and Other Current Assets is 0.18. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of American Electric Power, assuming nothing else is changed. The correlation between historical values of American Electric's Common Stock Total Equity and Other Current 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 Common Stock Total Equity of American Electric Power are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Total Equity i.e., American Electric's Common Stock Total Equity and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from American Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Electric Power 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 Electric Power. 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 Electric's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 05/17/2024, Enterprise Value Multiple is likely to grow to 25.68, while Tax Provision is likely to drop slightly above 17 M.
 2021 2022 2023 2024 (projected)
Gross Profit10.2B11.3B12.4B8.1B
Total Revenue16.8B19.6B19.0B13.9B

American Electric fundamental ratios Correlations

0.790.430.480.690.850.750.430.570.720.490.80.220.770.830.970.790.620.080.00.780.290.560.710.99-0.52
0.790.780.830.940.990.990.780.840.910.811.0-0.210.710.890.821.00.530.46-0.211.00.560.770.930.77-0.52
0.430.780.820.830.720.781.00.970.740.80.77-0.540.630.730.550.760.420.75-0.630.80.790.720.760.5-0.4
0.480.830.820.920.780.80.820.840.830.850.8-0.440.670.710.510.80.220.72-0.20.840.730.910.810.5-0.53
0.690.940.830.920.910.920.820.860.930.880.93-0.320.730.860.710.920.360.63-0.180.950.660.890.970.69-0.48
0.850.990.720.780.910.980.720.80.90.740.99-0.130.710.90.870.990.560.4-0.180.980.540.740.90.82-0.54
0.750.990.780.80.920.980.770.830.90.791.0-0.20.630.850.780.990.50.43-0.210.990.530.710.910.72-0.5
0.430.781.00.820.820.720.770.970.740.80.77-0.540.630.730.550.760.420.75-0.630.80.790.720.760.49-0.4
0.570.840.970.840.860.80.830.970.830.770.83-0.390.680.770.670.810.420.68-0.550.850.770.730.780.63-0.52
0.720.910.740.830.930.90.90.740.830.750.9-0.150.590.80.730.880.270.52-0.120.910.620.770.880.72-0.54
0.490.810.80.850.880.740.790.80.770.750.78-0.460.720.750.510.790.330.69-0.160.820.520.830.840.5-0.3
0.81.00.770.80.930.991.00.770.830.90.78-0.180.690.870.831.00.540.42-0.211.00.530.720.920.77-0.51
0.22-0.21-0.54-0.44-0.32-0.13-0.2-0.54-0.39-0.15-0.46-0.18-0.1-0.260.1-0.19-0.08-0.820.52-0.23-0.64-0.45-0.230.2-0.38
0.770.710.630.670.730.710.630.630.680.590.720.69-0.10.810.780.680.650.44-0.180.710.450.780.720.81-0.48
0.830.890.730.710.860.90.850.730.770.80.750.87-0.260.810.870.870.680.56-0.310.880.60.820.860.82-0.42
0.970.820.550.510.710.870.780.550.670.730.510.830.10.780.870.820.710.18-0.220.810.420.580.730.97-0.51
0.791.00.760.80.920.990.990.760.810.880.791.0-0.190.680.870.820.550.41-0.211.00.520.730.910.76-0.5
0.620.530.420.220.360.560.50.420.420.270.330.54-0.080.650.680.710.550.19-0.460.520.310.330.430.61-0.28
0.080.460.750.720.630.40.430.750.680.520.690.42-0.820.440.560.180.410.19-0.50.470.820.760.510.14-0.05
0.0-0.21-0.63-0.2-0.18-0.18-0.21-0.63-0.55-0.12-0.16-0.210.52-0.18-0.31-0.22-0.21-0.46-0.5-0.22-0.64-0.17-0.17-0.080.05
0.781.00.80.840.950.980.990.80.850.910.821.0-0.230.710.880.811.00.520.47-0.220.570.770.940.75-0.51
0.290.560.790.730.660.540.530.790.770.620.520.53-0.640.450.60.420.520.310.82-0.640.570.720.530.35-0.27
0.560.770.720.910.890.740.710.720.730.770.830.72-0.450.780.820.580.730.330.76-0.170.770.720.810.58-0.4
0.710.930.760.810.970.90.910.760.780.880.840.92-0.230.720.860.730.910.430.51-0.170.940.530.810.69-0.43
0.990.770.50.50.690.820.720.490.630.720.50.770.20.810.820.970.760.610.14-0.080.750.350.580.69-0.54
-0.52-0.52-0.4-0.53-0.48-0.54-0.5-0.4-0.52-0.54-0.3-0.51-0.38-0.48-0.42-0.51-0.5-0.28-0.050.05-0.51-0.27-0.4-0.43-0.54
Click cells to compare fundamentals

American Electric Account Relationship Matchups

American Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding495.3M497.2M501.8M513.5M520.2M386.0M
Total Assets75.9B80.8B87.7B93.5B96.7B54.5B
Short Long Term Debt Total30.5B34.4B36.7B40.4B43.6B45.8B
Other Current Liab3.2B3.1B5.2B5.4B3.7B3.5B
Total Current Liabilities10.3B9.9B12.4B14.6B11.6B8.6B
Total Stockholder Equity19.6B20.6B22.4B23.9B25.2B14.0B
Property Plant And Equipment Net61.1B64.8B66.6B71.9B77.3B39.4B
Net Debt30.3B34.0B36.3B39.9B43.3B45.4B
Retained Earnings9.9B10.7B11.7B12.3B12.8B13.4B
Accounts Payable2.1B1.7B2.1B2.6B2.0B1.5B
Cash246.8M392.7M403.4M509.4M330.1M289.6M
Non Current Assets Total71.8B76.4B79.9B84.1B90.6B48.9B
Non Currrent Assets Other6.8B6.6B605.1M(210.2M)(376.4M)(357.6M)
Cash And Short Term Investments449.5M593.5M623.8M696.9M544.4M564.2M
Net Receivables1.7B2.0B2.1B2.7B2.6B1.8B
Common Stock Total Equity3.3B3.4B3.4B3.4B3.9B2.9B
Liabilities And Stockholders Equity75.9B80.8B87.7B93.5B96.7B54.5B
Non Current Liabilities Total45.7B50.1B52.6B54.8B59.8B30.3B
Inventory1.2B1.3B989.2M1.3B1.9B1.2B
Other Current Assets92.9M90.7M647.8M1.5B788.2M1.2B
Other Stockholder Equity6.5B6.6B7.2B8.1B(12.7B)(12.1B)
Total Liab56.0B60.0B65.0B69.3B71.4B40.4B
Property Plant And Equipment Gross61.1B5.3B86.8B93.8B101.9B107.0B
Total Current Assets4.1B4.4B7.8B9.4B6.1B5.6B
Accumulated Other Comprehensive Income(147.7M)(85.1M)184.8M83.7M(55.5M)(58.3M)
Short Term Debt4.7B4.8B4.9B6.2B5.4B3.2B
Common Stock3.3B3.4B3.4B3.4B3.4B2.9B
Current Deferred Revenue366.1M335.6M321.6M370M423.7M403.0M
Other Liab19.5B20.2B20.6B20.4B23.5B24.7B
Other Assets9.3B71.1B11.8B10.8B12.4B12.4B
Long Term Debt25.1B29.0B31.3B33.6B37.7B20.0B
Property Plant Equipment60.1B63.9B66.0B71.3B82.0B43.8B
Short Term Investments202.7M200.8M220.4M187.5M214.3M224.8M
Noncontrolling Interest In Consolidated Entity281M223.6M247M229M263.4M276.5M
Retained Earnings Total Equity9.9B10.7B11.7B12.3B14.2B8.2B
Deferred Long Term Liab7.9B8.5B8.4B345.3M397.1M377.2M
Net Tangible Assets19.7B20.5B22.4B23.9B27.5B20.2B

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When determining whether American Electric Power 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 Electric Power Stock. Highlighted below are key reports to facilitate an investment decision about American Electric Power Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Electric Power. 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 Electric Power information on this page should be used as a complementary analysis to other American Electric'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running American Electric's price analysis, check to measure American Electric'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 Electric is operating at the current time. Most of American Electric's value examination focuses on studying past and present price action to predict the probability of American Electric'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 Electric's price. Additionally, you may evaluate how the addition of American Electric to your portfolios can decrease your overall portfolio volatility.
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Is American Electric'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 Electric. 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 Electric 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
1.468
Dividend Share
3.42
Earnings Share
5.37
Revenue Per Share
37.006
Quarterly Revenue Growth
0.071
The market value of American Electric Power 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 Electric's value that differs from its market value or its book value, called intrinsic value, which is American Electric'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 Electric's market value can be influenced by many factors that don't directly affect American Electric'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 Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Electric'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.