American Investments vs Long Term Debt Analysis

AFG Stock

USD 128.85 0.99 0.77%

American Financial financial indicator trend analysis is way more than just evaluating American Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Financial is a good investment. Please check the relationship between American Financial Investments and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Investments vs Long Term Debt

Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Financial Investments account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between American Financial's Investments and Long Term Debt is 0.51. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of American Financial Group, assuming nothing else is changed. The correlation between historical values of American Financial's Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of American Financial Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Investments i.e., American Financial's Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Long Term Debt

Long-term debt is a debt that American Financial has held for over one year. Long-term debt appears on American Financial Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on American Financial Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from American Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Financial 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 Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

At this time, American Financial's Issuance Of Capital Stock is most likely to decrease significantly in the upcoming years. The American Financial's current Enterprise Value is estimated to increase to about 8.1 B, while Tax Provision is projected to decrease to roughly 213.5 M.

	2021	2023	2024 (projected)
Interest Expense	94M	76M	70.8M
Depreciation And Amortization	187M	78M	147.1M

Interest Expense Depreciation And Amortization

American Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Other Current Assets	Intangible Assets	Accounts Payable
Total Assets		0.44	0.37	0.39	0.89	-0.59	-0.69	0.8	0.8	0.71	-0.06	-0.26	0.93	0.39	-0.38	-0.36	-0.41	1.0	-0.57	0.58	0.49	0.49	0.5	-0.32	-0.64	0.06
Short Long Term Debt Total	0.44		-0.23	-0.23	0.72	-0.63	-0.05	0.82	0.67	0.34	0.16	-0.33	0.3	0.48	-0.64	0.19	0.25	0.42	-0.58	0.36	0.28	0.38	0.74	0.07	-0.03	0.06
Other Current Liab	0.37	-0.23		1.0	0.1	-0.22	-0.27	0.13	0.05	0.39	0.09	0.57	0.37	0.05	-0.12	-0.25	-0.52	0.39	-0.25	-0.25	-0.07	0.27	-0.21	-0.59	-0.61	-0.12
Total Current Liabilities	0.39	-0.23	1.0		0.12	-0.25	-0.29	0.14	0.07	0.39	0.08	0.58	0.39	0.07	-0.13	-0.26	-0.56	0.4	-0.27	-0.24	-0.07	0.29	-0.21	-0.61	-0.63	-0.06
Total Stockholder Equity	0.89	0.72	0.1	0.12		-0.76	-0.6	0.94	0.9	0.58	-0.06	-0.43	0.76	0.4	-0.51	-0.25	-0.29	0.88	-0.72	0.63	0.5	0.59	0.61	-0.12	-0.37	0.08
Property Plant And Equipment Net	-0.59	-0.63	-0.22	-0.25	-0.76		0.19	-0.83	-0.56	-0.33	0.02	0.01	-0.4	-0.46	0.82	-0.1	0.37	-0.57	0.99	-0.3	-0.14	-0.9	-0.51	0.11	0.11	-0.23
Net Debt	-0.69	-0.05	-0.27	-0.29	-0.6	0.19		-0.39	-0.76	-0.43	0.22	0.36	-0.73	-0.05	-0.14	0.68	0.66	-0.69	0.16	-0.42	-0.45	-0.12	-0.04	0.29	0.61	-0.21
Retained Earnings	0.8	0.82	0.13	0.14	0.94	-0.83	-0.39		0.79	0.51	-0.04	-0.27	0.67	0.47	-0.62	-0.13	-0.16	0.79	-0.78	0.55	0.33	0.61	0.6	-0.1	-0.35	0.09
Cash	0.8	0.67	0.05	0.07	0.9	-0.56	-0.76	0.79		0.56	0.0	-0.48	0.72	0.37	-0.39	-0.28	-0.33	0.79	-0.53	0.53	0.51	0.42	0.57	-0.16	-0.41	0.21
Non Current Assets Total	0.71	0.34	0.39	0.39	0.58	-0.33	-0.43	0.51	0.56		0.64	-0.34	0.71	0.48	-0.42	-0.08	-0.19	0.71	-0.34	-0.05	0.27	0.25	0.43	-0.68	-0.54	-0.01
Non Currrent Assets Other	-0.06	0.16	0.09	0.08	-0.06	0.02	0.22	-0.04	0.0	0.64		-0.18	-0.05	0.36	-0.37	0.47	0.23	-0.06	-0.02	-0.66	-0.11	-0.03	0.25	-0.54	0.04	-0.03
Other Assets	-0.26	-0.33	0.57	0.58	-0.43	0.01	0.36	-0.27	-0.48	-0.34	-0.18		-0.23	0.01	-0.04	0.15	-0.19	-0.25	-0.02	-0.38	-0.43	0.06	-0.32	-0.17	-0.1	0.12
Cash And Short Term Investments	0.93	0.3	0.37	0.39	0.76	-0.4	-0.73	0.67	0.72	0.71	-0.05	-0.23		0.5	-0.23	-0.51	-0.46	0.93	-0.36	0.45	0.41	0.24	0.38	-0.51	-0.77	0.11
Common Stock Total Equity	0.39	0.48	0.05	0.07	0.4	-0.46	-0.05	0.47	0.37	0.48	0.36	0.01	0.5		-0.71	0.25	-0.14	0.38	-0.47	-0.04	0.0	0.29	0.63	-0.5	-0.17	0.3
Common Stock Shares Outstanding	-0.38	-0.64	-0.12	-0.13	-0.51	0.82	-0.14	-0.62	-0.39	-0.42	-0.37	-0.04	-0.23	-0.71		-0.51	0.07	-0.36	0.85	-0.02	0.02	-0.79	-0.69	0.19	-0.07	-0.2
Non Current Liabilities Total	-0.36	0.19	-0.25	-0.26	-0.25	-0.1	0.68	-0.13	-0.28	-0.08	0.47	0.15	-0.51	0.25	-0.51		0.47	-0.36	-0.19	-0.29	-0.27	0.25	0.39	0.25	0.66	0.05
Other Stockholder Equity	-0.41	0.25	-0.52	-0.56	-0.29	0.37	0.66	-0.16	-0.33	-0.19	0.23	-0.19	-0.46	-0.14	0.07	0.47		-0.41	0.37	-0.03	-0.22	-0.38	0.12	0.46	0.42	-0.49
Total Liab	1.0	0.42	0.39	0.4	0.88	-0.57	-0.69	0.79	0.79	0.71	-0.06	-0.25	0.93	0.38	-0.36	-0.36	-0.41		-0.55	0.57	0.48	0.48	0.49	-0.33	-0.66	0.06
Property Plant And Equipment Gross	-0.57	-0.58	-0.25	-0.27	-0.72	0.99	0.16	-0.78	-0.53	-0.34	-0.02	-0.02	-0.36	-0.47	0.85	-0.19	0.37	-0.55		-0.27	-0.11	-0.95	-0.53	0.1	0.05	-0.24
Total Current Assets	0.58	0.36	-0.25	-0.24	0.63	-0.3	-0.42	0.55	0.53	-0.05	-0.66	-0.38	0.45	-0.04	-0.02	-0.29	-0.03	0.57	-0.27		0.47	0.28	0.37	0.53	-0.1	-0.07
Short Term Debt	0.49	0.28	-0.07	-0.07	0.5	-0.14	-0.45	0.33	0.51	0.27	-0.11	-0.43	0.41	0.0	0.02	-0.27	-0.22	0.48	-0.11	0.47		0.06	0.55	0.01	-0.23	0.04
Common Stock	0.49	0.38	0.27	0.29	0.59	-0.9	-0.12	0.61	0.42	0.25	-0.03	0.06	0.24	0.29	-0.79	0.25	-0.38	0.48	-0.95	0.28	0.06		0.42	0.02	0.06	0.19
Net Receivables	0.5	0.74	-0.21	-0.21	0.61	-0.51	-0.04	0.6	0.57	0.43	0.25	-0.32	0.38	0.63	-0.69	0.39	0.12	0.49	-0.53	0.37	0.55	0.42		-0.02	0.05	0.09
Other Current Assets	-0.32	0.07	-0.59	-0.61	-0.12	0.11	0.29	-0.1	-0.16	-0.68	-0.54	-0.17	-0.51	-0.5	0.19	0.25	0.46	-0.33	0.1	0.53	0.01	0.02	-0.02		0.64	-0.21
Intangible Assets	-0.64	-0.03	-0.61	-0.63	-0.37	0.11	0.61	-0.35	-0.41	-0.54	0.04	-0.1	-0.77	-0.17	-0.07	0.66	0.42	-0.66	0.05	-0.1	-0.23	0.06	0.05	0.64		-0.08
Accounts Payable	0.06	0.06	-0.12	-0.06	0.08	-0.23	-0.21	0.09	0.21	-0.01	-0.03	0.12	0.11	0.3	-0.2	0.05	-0.49	0.06	-0.24	-0.07	0.04	0.19	0.09	-0.21	-0.08

Click cells to compare fundamentals

American Financial Account Relationship Matchups

American Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	70.1B	73.6B	28.9B	28.8B	24.6B	26.6B
Short Long Term Debt Total	1.5B	2.0B	2.0B	1.5B	1.7B	932.8M
Other Current Liab	(814M)	(807M)	(920M)	(1.0B)	8.6B	17.0B
Total Current Liabilities	814M	807M	920M	1.0B	9.8B	17.6B
Total Stockholder Equity	6.3B	6.8B	5.0B	4.1B	4.3B	3.2B
Net Debt	(841M)	(847M)	(167M)	624M	448M	470.4M
Retained Earnings	4.0B	4.1B	3.5B	3.1B	3.1B	1.8B
Cash	2.3B	2.8B	2.1B	872M	1.2B	1.0B
Non Current Assets Total	50.5B	47.0B	13.2B	13.1B	20.2B	25.6B
Non Currrent Assets Other	(1.2B)	(525M)	(501M)	(486M)	17.4B	18.3B
Other Assets	(34.9B)	(31.8B)	(2.4B)	1.1B	11.8B	12.4B
Cash And Short Term Investments	48.8B	46.0B	12.5B	11.0B	1.7B	1.7B
Liabilities And Stockholders Equity	70.1B	73.6B	28.9B	28.8B	24.6B	26.6B
Non Current Liabilities Total	1.5B	2.0B	2.0B	4.2B	10.6B	11.1B
Other Stockholder Equity	1.3B	1.3B	1.3B	1.4B	1.4B	1.3B
Total Liab	63.9B	66.8B	23.9B	24.8B	20.4B	23.2B
Total Current Assets	54.5B	58.3B	18.1B	14.6B	4.4B	4.6B
Accumulated Other Comprehensive Income	863M	1.3B	119M	(543M)	(319M)	(303.1M)
Short Term Debt	285M	445M	46M	5.2B	38M	0.0
Net Receivables	5.7B	12.3B	5.6B	6.2B	7.1B	7.5B
Other Current Assets	6.4B	3.6B	5.5B	(2.5B)	4.4B	4.6B
Intangible Assets	250M	210M	352M	354M	522M	548.1M
Accounts Payable	814M	807M	920M	1.0B	1.2B	1.2B
Short Term Investments	46.5B	43.2B	10.4B	10.1B	521M	495.0M
Other Liab	50.3B	61.2B	17.9B	18.9B	21.7B	22.6B
Long Term Debt	1.5B	2.0B	2.0B	1.5B	1.5B	1.3B
Net Tangible Assets	6.1B	6.6B	5.0B	3.8B	4.4B	5.3B
Retained Earnings Total Equity	4.0B	4.1B	3.5B	3.1B	3.6B	3.3B
Long Term Debt Total	1.5B	2.0B	2.0B	1.5B	1.7B	1.4B
Capital Surpluse	1.3B	1.3B	1.3B	1.4B	1.6B	1.3B

Pair Trading with American Financial

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

Moving together with American Stock

0.92	L	Loews Corp Earnings Call This Week	Pair Corr
0.81	CB	Chubb Earnings Call Tomorrow	Pair Corr
0.68	FRFHF	Fairfax Financial	Pair Corr

Moving against American Stock

0.77	FACO	First Acceptance Corp Earnings Call This Week	Pair Corr
0.57	PRA	ProAssurance Financial Report 14th of May 2024	Pair Corr

The ability to find closely correlated positions to American Financial 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 Financial 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 Financial - 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 Financial Group to buy it.

The correlation of American Financial 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 Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Financial 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 Financial 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 Correlation Correlation Matching

When determining whether American Financial is a strong investment it is important to analyze American Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Financial's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:

How To Invest In American

Details

Is American Stock a good investment?

Details

What is American Financial's Net Worth?

Details

Largest Property & Casualty Insurance Companies

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Largest Insurance Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Note that the American Financial information on this page should be used as a complementary analysis to other American Financial'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 Financial's price analysis, check to measure American Financial'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 Financial is operating at the current time. Most of American Financial's value examination focuses on studying past and present price action to predict the probability of American Financial'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 Financial's price. Additionally, you may evaluate how the addition of American Financial to your portfolios can decrease your overall portfolio volatility.

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Is American Financial'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 Financial. 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 Financial 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

(0.03)

Dividend Share

2.68

Earnings Share

10.05

Revenue Per Share

87.981

Quarterly Revenue Growth

0.087

The market value of American Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is American Financial'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 Financial's market value can be influenced by many factors that don't directly affect American Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Financial'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.

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American Investments vs Long Term Debt Analysis

Investments vs Long Term Debt

Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Investments

Long Term Debt

American Financial fundamental ratios Correlations

American Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Financial fundamental ratios Accounts

Pair Trading with American Financial

Moving together with American Stock

Moving against American Stock

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Retained Earnings	+ 0.94	Total Stockholder Equity
Cash And Short Term Investments	+ 0.93	Total Assets
Total Liab	+ 0.93	Cash And Short Term Investments

Common Stock	- 0.95	Property Plant And Equipment Gross
Common Stock	- 0.9	Property Plant And Equipment Net
Retained Earnings	- 0.83	Property Plant And Equipment Net
Common Stock	- 0.79	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.78	Retained Earnings
Intangible Assets	- 0.77	Cash And Short Term Investments