Arthur Intangible Assets vs Total Current Assets Analysis

AJG Stock  USD 257.67  2.15  0.84%   
Arthur J financial indicator trend analysis is way more than just evaluating Arthur J Gallagher prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arthur J Gallagher is a good investment. Please check the relationship between Arthur J Intangible Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arthur J Gallagher Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Arthur J's Intangible Assets and Total Current Assets is 0.95. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Arthur J Gallagher, assuming nothing else is changed. The correlation between historical values of Arthur J's Intangible Assets and Total 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 Intangible Assets of Arthur J Gallagher are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Arthur J's Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Arthur J's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arthur J Gallagher 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 Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
At this time, Arthur J's Tax Provision is most likely to increase significantly in the upcoming years. The Arthur J's current Enterprise Value is estimated to increase to about 3.9 B, while Selling General Administrative is projected to decrease to roughly 128.5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.6B1.9B135.3M128.5M
Cost Of Revenue5.2B5.0B1.8B1.6B

Arthur J fundamental ratios Correlations

0.980.820.990.990.940.980.990.740.980.960.740.510.990.50.980.320.961.00.960.990.980.450.610.580.96
0.980.740.950.990.981.00.980.771.00.990.770.560.990.621.00.470.980.970.930.950.990.510.70.690.98
0.820.740.870.740.680.720.750.770.740.70.77-0.040.760.10.73-0.240.70.840.920.860.76-0.130.260.190.7
0.990.950.870.960.910.950.970.720.960.930.720.460.970.420.950.230.931.00.961.00.950.390.540.50.93
0.990.990.740.960.960.990.990.741.00.990.740.591.00.611.00.450.990.980.920.970.990.530.70.680.99
0.940.980.680.910.960.980.970.760.970.970.760.590.960.610.970.490.940.930.910.910.940.530.680.660.96
0.981.00.720.950.990.980.980.731.00.990.730.60.990.611.00.490.980.970.920.950.990.550.690.680.98
0.990.980.750.970.990.970.980.710.980.970.710.60.990.550.980.420.960.980.930.980.960.540.640.610.96
0.740.770.770.720.740.760.730.710.760.791.00.030.750.50.760.130.750.740.830.720.74-0.010.60.580.77
0.981.00.740.961.00.971.00.980.760.990.760.581.00.621.00.460.990.970.920.960.990.530.710.690.99
0.960.990.70.930.990.970.990.970.790.990.790.580.990.670.990.50.990.950.910.930.980.530.750.740.99
0.740.770.770.720.740.760.730.711.00.760.790.030.750.50.760.130.750.740.830.720.74-0.010.60.580.77
0.510.56-0.040.460.590.590.60.60.030.580.580.030.570.630.580.850.60.490.290.470.530.990.580.620.59
0.990.990.760.971.00.960.990.990.751.00.990.750.570.60.990.430.990.980.930.970.990.510.690.670.99
0.50.620.10.420.610.610.610.550.50.620.670.50.630.60.620.750.670.470.380.430.590.620.980.990.66
0.981.00.730.951.00.971.00.980.761.00.990.760.580.990.620.480.990.970.920.950.990.530.710.690.99
0.320.47-0.240.230.450.490.490.420.130.460.50.130.850.430.750.480.510.290.130.240.420.880.670.740.5
0.960.980.70.930.990.940.980.960.750.990.990.750.60.990.670.990.510.950.890.930.980.550.750.740.99
1.00.970.841.00.980.930.970.980.740.970.950.740.490.980.470.970.290.950.961.00.970.420.580.550.95
0.960.930.920.960.920.910.920.930.830.920.910.830.290.930.380.920.130.890.960.960.920.210.50.460.9
0.990.950.861.00.970.910.950.980.720.960.930.720.470.970.430.950.240.931.00.960.950.40.540.50.93
0.980.990.760.950.990.940.990.960.740.990.980.740.530.990.590.990.420.980.970.920.950.480.690.670.98
0.450.51-0.130.390.530.530.550.54-0.010.530.53-0.010.990.510.620.530.880.550.420.210.40.480.560.610.54
0.610.70.260.540.70.680.690.640.60.710.750.60.580.690.980.710.670.750.580.50.540.690.560.990.74
0.580.690.190.50.680.660.680.610.580.690.740.580.620.670.990.690.740.740.550.460.50.670.610.990.73
0.960.980.70.930.990.960.980.960.770.990.990.770.590.990.660.990.50.990.950.90.930.980.540.740.73
Click cells to compare fundamentals

Arthur J Account Relationship Matchups

Arthur J fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.6B22.3B33.3B38.9B51.6B54.2B
Short Long Term Debt Total4.9B4.9B6.6B6.4B8.3B8.7B
Other Current Liab1.3B1.6B1.9B2.1B26.9B28.3B
Total Current Liabilities8.9B10.1B16.7B21.9B31.1B32.6B
Total Stockholder Equity5.2B6.2B8.5B9.1B10.8B11.3B
Property Plant And Equipment Net860.9M824.6M859.4M922.9M1.1B1.2B
Net Debt4.3B4.2B6.2B6.1B7.3B7.7B
Retained Earnings1.9B2.4B2.9B3.6B4.1B4.3B
Cash604.8M664.6M402.6M342.3M971.5M1.0B
Non Current Assets Total10.5B11.2B15.7B16.1B19.5B20.5B
Non Currrent Assets Other728.2M747.5M963.1M918.7M1.1B1.2B
Cash And Short Term Investments604.8M664.6M402.6M342.3M971.5M1.0B
Net Receivables5.4B6.4B11.8B16.4B3.8B2.2B
Good Will5.6B6.1B8.7B9.5B11.5B12.0B
Common Stock Shares Outstanding190.1M195M207.3M214.7M219.3M119.7M
Liabilities And Stockholders Equity19.6B22.3B33.3B38.9B51.6B54.2B
Non Current Liabilities Total5.5B6.0B8.0B7.8B9.7B10.2B
Other Current Assets1.1B1.1B1.5B1.5B281M385.0M
Other Stockholder Equity3.8B4.3B6.1B6.5B7.3B7.7B
Total Liab14.4B16.1B24.8B29.7B40.8B42.8B
Property Plant And Equipment Gross860.9M824.6M859.4M922.9M2.2B2.3B
Total Current Assets9.1B11.1B17.7B22.8B32.1B33.7B
Accumulated Other Comprehensive Income(759.6M)(643.6M)(726.1M)(1.1B)(792.1M)(752.5M)
Intangible Assets2.3B2.4B4.0B3.4B4.6B4.9B
Accounts Payable6.3B7.8B13.8B18.7B2.6B3.0B
Common Stock Total Equity188.1M193.7M208.5M211.9M243.7M143.3M
Common Stock188.1M193.7M208.5M211.9M216.7M147.1M
Other Liab1.3B1.4B1.9B2.0B2.3B2.4B
Other Assets1.7B2.2M2.2B2.3B2.6B2.8B
Property Plant Equipment467.4M450.7M859.4M922.9M1.1B1.1B
Inventory2.0B2.9B4.1B4.6B27.1B28.4B
Current Deferred Revenue434.1M475.6M520.9M546.7M644.7M676.9M
Long Term Debt3.8B4.3B5.8B5.6B7.0B7.4B
Short Term Debt790.6M278.6M473.4M551.9M959M1.0B
Net Tangible Assets(2.8B)(2.3B)(4.1B)(3.7B)(3.3B)(3.2B)
Noncontrolling Interest In Consolidated Entity60M46.5M51.7M46.6M53.6M37.6M
Retained Earnings Total Equity1.9B2.4B2.9B3.6B4.1B4.3B
Long Term Debt Total3.8B4.3B5.8B5.6B6.4B6.7B
Capital Surpluse3.8B4.3B6.1B6.5B7.5B7.9B

Currently Active Assets on Macroaxis

When determining whether Arthur J Gallagher is a strong investment it is important to analyze Arthur J'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 Arthur J's future performance. For an informed investment choice regarding Arthur Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Arthur Stock analysis

When running Arthur J's price analysis, check to measure Arthur J'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 Arthur J is operating at the current time. Most of Arthur J's value examination focuses on studying past and present price action to predict the probability of Arthur J's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arthur J's price. Additionally, you may evaluate how the addition of Arthur J to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Is Arthur J'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 Arthur J. If investors know Arthur 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 Arthur J 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
0.223
Dividend Share
2.25
Earnings Share
4.93
Revenue Per Share
46.638
Quarterly Revenue Growth
0.199
The market value of Arthur J Gallagher is measured differently than its book value, which is the value of Arthur that is recorded on the company's balance sheet. Investors also form their own opinion of Arthur J's value that differs from its market value or its book value, called intrinsic value, which is Arthur J'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 Arthur J's market value can be influenced by many factors that don't directly affect Arthur J'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 Arthur J's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arthur J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arthur J'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.