Aflac Depreciation And Amortization vs Gross Profit Analysis
AFL Stock | USD 83.61 0.12 0.14% |
Aflac Incorporated financial indicator trend analysis is way more than just evaluating Aflac Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aflac Incorporated is a good investment. Please check the relationship between Aflac Incorporated Depreciation And Amortization and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aflac Incorporated. 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. For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.
Depreciation And Amortization vs Gross Profit
Depreciation And Amortization vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aflac Incorporated Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Aflac Incorporated's Depreciation And Amortization and Gross Profit is 0.15. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Aflac Incorporated, assuming nothing else is changed. The correlation between historical values of Aflac Incorporated's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Aflac Incorporated are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Aflac Incorporated's Depreciation And Amortization and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Aflac Incorporated minus its cost of goods sold. It is profit before Aflac Incorporated operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Aflac Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aflac Incorporated 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 Aflac Incorporated. 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. For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.At this time, Aflac Incorporated's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 1,407 this year, although the value of Issuance Of Capital Stock will most likely fall to about 10.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 22.1B | 19.1B | 18.7B | 14.3B | Interest Expense | 238M | 226M | 195M | 107.4M |
Aflac Incorporated fundamental ratios Correlations
Click cells to compare fundamentals
Aflac Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aflac Incorporated fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 152.8B | 165.1B | 157.5B | 131.7B | 130.9B | 75.2B | |
Short Long Term Debt Total | 6.6B | 7.9B | 8.0B | 7.4B | 7.4B | 7.8B | |
Total Stockholder Equity | 29.0B | 33.6B | 33.3B | 20.1B | 22.0B | 11.1B | |
Net Debt | 1.7B | 2.8B | 2.9B | 3.5B | 3.1B | 3.2B | |
Retained Earnings | 34.3B | 38.0B | 41.4B | 44.4B | 48.0B | 50.4B | |
Other Assets | (66.9B) | (79.0B) | 157.5B | (45.0B) | 85.3B | 89.6B | |
Common Stock Shares Outstanding | 746.4M | 716.2M | 676.7M | 637.7M | 598.7M | 806.5M | |
Liabilities And Stockholders Equity | 152.8B | 165.1B | 157.5B | 131.7B | 130.9B | 75.2B | |
Non Current Liabilities Total | 6.6B | 7.9B | 8.0B | 92.0B | 106.7B | 112.0B | |
Other Stockholder Equity | (12.1B) | (13.5B) | (15.7B) | (17.9B) | (20.6B) | (19.6B) | |
Total Liab | 6.6B | 7.9B | 124.3B | 111.6B | 108.9B | 57.4B | |
Total Current Liabilities | 5.4B | 4.7B | 8.0B | 1.3B | 2.2B | 2.1B | |
Property Plant And Equipment Net | 581M | 601M | 538M | 530M | 445M | 505.5M | |
Non Current Assets Total | 122.7B | 132.2B | 538M | 96.4B | 123.6B | 129.7B | |
Net Receivables | 828M | 796M | 693M | 647M | 848M | 603.9M | |
Other Current Assets | 7.4B | 7.8B | 43.7B | 7.2B | 7.3B | 6.8B | |
Property Plant And Equipment Gross | 434M | 443M | 581M | 601M | 691.2M | 485.5M | |
Total Current Assets | 97.0B | 111.8B | 143.7B | 80.3B | 7.3B | 7.0B | |
Short Term Debt | 53M | 56M | 8.0B | 55M | 52M | 49.4M | |
Intangible Assets | 10.1B | 10.4B | 9.5B | 8.6B | 9.9B | 10.4B | |
Accumulated Other Comprehensive Income | 6.6B | 8.9B | 7.4B | (6.4B) | (5.5B) | (5.2B) | |
Other Current Liab | 5.3B | 4.6B | 4.3B | 1.2B | 2.2B | 2.1B | |
Accounts Payable | 5.4B | 4.7B | 4.3B | 1.3B | 1.5B | 1.4B | |
Cash | 4.9B | 5.1B | 5.1B | 3.9B | 4.3B | 2.7B | |
Non Currrent Assets Other | (16.3B) | (18.9B) | (143.0B) | (14.1B) | 11.7B | 12.3B | |
Cash And Short Term Investments | 96.2B | 111.0B | 103.7B | 79.7B | 77.6B | 81.5B | |
Short Term Investments | 91.3B | 105.9B | 98.7B | 75.7B | 1.4B | 1.4B | |
Other Liab | 102.2B | 123.6B | 116.3B | 91.7B | 105.5B | 66.4B | |
Long Term Debt | 6.4B | 7.9B | 7.8B | 7.4B | 7.2B | 4.2B | |
Treasury Stock | (14.4B) | (15.9B) | (18.2B) | (20.6B) | (18.5B) | (17.6B) | |
Property Plant Equipment | 581M | 601M | 538M | 530M | 609.5M | 561.5M | |
Retained Earnings Total Equity | 34.3B | 38.0B | 41.4B | 44.6B | 51.3B | 27.7B | |
Net Tangible Assets | 29.0B | 33.6B | 33.3B | 22.4B | 25.7B | 24.2B | |
Long Term Debt Total | 6.4B | 7.9B | 7.9B | 7.4B | 8.6B | 6.6B | |
Capital Surpluse | 2.3B | 2.4B | 2.5B | 2.6B | 3.0B | 2.2B | |
Long Term Investments | 772M | 144.1B | 115.1B | 80.6B | 92.2B | 53.5B |
Pair Trading with Aflac Incorporated
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 Aflac Incorporated 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 Aflac Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving against Aflac Stock
0.62 | CIA | Citizens | PairCorr |
0.46 | FLFG | Federal Life Group | PairCorr |
The ability to find closely correlated positions to Aflac Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aflac Incorporated 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 Aflac Incorporated - 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 Aflac Incorporated to buy it.
The correlation of Aflac Incorporated 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 Aflac Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aflac Incorporated 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 Aflac Incorporated 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 Aflac Incorporated. 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. For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.Note that the Aflac Incorporated information on this page should be used as a complementary analysis to other Aflac Incorporated'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Aflac Stock analysis
When running Aflac Incorporated's price analysis, check to measure Aflac Incorporated'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 Aflac Incorporated is operating at the current time. Most of Aflac Incorporated's value examination focuses on studying past and present price action to predict the probability of Aflac Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aflac Incorporated's price. Additionally, you may evaluate how the addition of Aflac Incorporated to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |
Is Aflac Incorporated'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 Aflac Incorporated. If investors know Aflac 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 Aflac Incorporated 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 0.435 | Dividend Share 1.68 | Earnings Share 7.78 | Revenue Per Share 31.368 | Quarterly Revenue Growth (0.04) |
The market value of Aflac Incorporated is measured differently than its book value, which is the value of Aflac that is recorded on the company's balance sheet. Investors also form their own opinion of Aflac Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Aflac Incorporated'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 Aflac Incorporated's market value can be influenced by many factors that don't directly affect Aflac Incorporated'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 Aflac Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aflac Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aflac Incorporated'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.