American Net Working Capital vs Retained Earnings Analysis

AOUT Stock

USD 8.25 0.44 5.63%

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

Net Working Capital vs Retained Earnings

Net Working Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Outdoor Brands Net Working Capital account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between American Outdoor's Net Working Capital and Retained Earnings is -0.83. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of American Outdoor Brands, assuming nothing else is changed. The correlation between historical values of American Outdoor's Net Working Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of American Outdoor Brands are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Working Capital i.e., American Outdoor's Net Working Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Working Capital

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

At this time, American Outdoor's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 23.66 in 2024, whereas Tax Provision is likely to drop (300.7 K) in 2024.

	2023	2024 (projected)
Depreciation And Amortization	14.9M	16.8M
Interest Income	270K	256.5K

Depreciation And Amortization Interest Income

American Outdoor fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other
Common Stock Shares Outstanding		0.71	0.44	-0.29	0.64	0.48	-0.48	-0.47	-0.32	-0.38	-0.25	0.55	-0.32	0.2	-0.25	0.35	0.6	-0.38	-0.52	-0.54	-0.57	-0.38	0.67	-0.47	-0.47	-0.78
Total Assets	0.71		0.32	-0.4	0.98	0.88	-0.73	-0.69	-0.47	-0.53	-0.4	0.93	-0.55	0.1	-0.4	-0.04	0.92	-0.59	-0.76	-0.8	-0.5	-0.58	0.99	-0.69	-0.71	-0.85
Other Current Liab	0.44	0.32		0.66	0.19	-0.15	0.29	0.24	-0.77	0.49	0.66	0.03	0.55	0.96	0.66	0.87	0.02	0.07	-0.15	-0.38	0.16	0.25	0.19	0.24	0.26	-0.37
Total Current Liabilities	-0.29	-0.4	0.66		-0.53	-0.74	0.87	0.82	-0.31	0.97	0.97	-0.64	0.98	0.81	0.97	0.67	-0.67	0.66	0.55	0.32	0.73	0.81	-0.53	0.82	0.86	0.42
Total Stockholder Equity	0.64	0.98	0.19	-0.53		0.93	-0.83	-0.81	-0.45	-0.67	-0.53	0.98	-0.67	-0.02	-0.53	-0.13	0.98	-0.74	-0.86	-0.86	-0.62	-0.73	1.0	-0.81	-0.83	-0.88
Other Liab	0.48	0.88	-0.15	-0.74	0.93		-0.9	-0.85	-0.18	-0.81	-0.73	0.97	-0.85	-0.34	-0.73	-0.47	0.97	-0.71	-0.77	-0.68	-0.6	-0.77	0.93	-0.85	-0.89	-0.72
Net Tangible Assets	-0.48	-0.73	0.29	0.87	-0.83	-0.9		0.99	0.04	0.95	0.89	-0.91	0.92	0.5	0.89	0.41	-0.91	0.84	0.84	0.72	0.85	0.92	-0.83	0.99	0.99	0.75
Property Plant And Equipment Net	-0.47	-0.69	0.24	0.82	-0.81	-0.85	0.99		0.11	0.94	0.86	-0.89	0.88	0.45	0.86	0.32	-0.89	0.9	0.89	0.78	0.9	0.95	-0.8	1.0	0.99	0.79
Net Debt	-0.32	-0.47	-0.77	-0.31	-0.45	-0.18	0.04	0.11		-0.1	-0.37	-0.35	-0.14	-0.76	-0.37	-0.58	-0.36	0.42	0.54	0.66	0.11	0.23	-0.4	0.11	0.13	0.58
Accounts Payable	-0.38	-0.53	0.49	0.97	-0.67	-0.81	0.95	0.94	-0.1		0.96	-0.77	0.98	0.67	0.96	0.52	-0.79	0.82	0.74	0.54	0.85	0.93	-0.66	0.94	0.96	0.62
Cash	-0.25	-0.4	0.66	0.97	-0.53	-0.73	0.89	0.86	-0.37	0.96		-0.65	0.94	0.83	1.0	0.65	-0.67	0.66	0.55	0.35	0.77	0.8	-0.53	0.86	0.87	0.43
Non Current Assets Total	0.55	0.93	0.03	-0.64	0.98	0.97	-0.91	-0.89	-0.35	-0.77	-0.65		-0.77	-0.18	-0.65	-0.26	0.99	-0.79	-0.88	-0.84	-0.68	-0.81	0.98	-0.89	-0.9	-0.85
Non Currrent Assets Other	-0.32	-0.55	0.55	0.98	-0.67	-0.85	0.92	0.88	-0.14	0.98	0.94	-0.77		0.71	0.94	0.66	-0.79	0.74	0.66	0.46	0.73	0.87	-0.66	0.88	0.92	0.53
Other Assets	0.2	0.1	0.96	0.81	-0.02	-0.34	0.5	0.45	-0.76	0.67	0.83	-0.18	0.71		0.83	0.86	-0.18	0.21	0.03	-0.2	0.35	0.4	-0.03	0.45	0.46	-0.15
Cash And Short Term Investments	-0.25	-0.4	0.66	0.97	-0.53	-0.73	0.89	0.86	-0.37	0.96	1.0	-0.65	0.94	0.83		0.65	-0.67	0.66	0.55	0.35	0.77	0.8	-0.53	0.86	0.87	0.43
Net Receivables	0.35	-0.04	0.87	0.67	-0.13	-0.47	0.41	0.32	-0.58	0.52	0.65	-0.26	0.66	0.86	0.65		-0.25	0.11	-0.02	-0.21	0.05	0.29	-0.14	0.32	0.37	-0.23
Good Will	0.6	0.92	0.02	-0.67	0.98	0.97	-0.91	-0.89	-0.36	-0.79	-0.67	0.99	-0.79	-0.18	-0.67	-0.25		-0.81	-0.89	-0.83	-0.72	-0.83	0.97	-0.89	-0.91	-0.87
Non Current Liabilities Total	-0.38	-0.59	0.07	0.66	-0.74	-0.71	0.84	0.9	0.42	0.82	0.66	-0.79	0.74	0.21	0.66	0.11	-0.81		0.96	0.85	0.87	0.97	-0.69	0.9	0.91	0.82
Inventory	-0.52	-0.76	-0.15	0.55	-0.86	-0.77	0.84	0.89	0.54	0.74	0.55	-0.88	0.66	0.03	0.55	-0.02	-0.89	0.96		0.96	0.81	0.91	-0.83	0.89	0.89	0.92
Other Current Assets	-0.54	-0.8	-0.38	0.32	-0.86	-0.68	0.72	0.78	0.66	0.54	0.35	-0.84	0.46	-0.2	0.35	-0.21	-0.83	0.85	0.96		0.69	0.76	-0.83	0.78	0.76	0.92
Other Stockholder Equity	-0.57	-0.5	0.16	0.73	-0.62	-0.6	0.85	0.9	0.11	0.85	0.77	-0.68	0.73	0.35	0.77	0.05	-0.72	0.87	0.81	0.69		0.89	-0.6	0.9	0.87	0.8
Total Liab	-0.38	-0.58	0.25	0.81	-0.73	-0.77	0.92	0.95	0.23	0.93	0.8	-0.81	0.87	0.4	0.8	0.29	-0.83	0.97	0.91	0.76	0.89		-0.69	0.95	0.96	0.76
Net Invested Capital	0.67	0.99	0.19	-0.53	1.0	0.93	-0.83	-0.8	-0.4	-0.66	-0.53	0.98	-0.66	-0.03	-0.53	-0.14	0.97	-0.69	-0.83	-0.83	-0.6	-0.69		-0.8	-0.81	-0.87
Property Plant And Equipment Gross	-0.47	-0.69	0.24	0.82	-0.81	-0.85	0.99	1.0	0.11	0.94	0.86	-0.89	0.88	0.45	0.86	0.32	-0.89	0.9	0.89	0.78	0.9	0.95	-0.8		0.99	0.79
Total Current Assets	-0.47	-0.71	0.26	0.86	-0.83	-0.89	0.99	0.99	0.13	0.96	0.87	-0.9	0.92	0.46	0.87	0.37	-0.91	0.91	0.89	0.76	0.87	0.96	-0.81	0.99		0.78
Non Current Liabilities Other	-0.78	-0.85	-0.37	0.42	-0.88	-0.72	0.75	0.79	0.58	0.62	0.43	-0.85	0.53	-0.15	0.43	-0.23	-0.87	0.82	0.92	0.92	0.8	0.76	-0.87	0.79	0.78

Click cells to compare fundamentals

American Outdoor Account Relationship Matchups

American Outdoor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	248.4M	341.3M	277.8M	243.6M	219.2M	234.5M
Other Current Liab	11.1M	18.6M	11.6M	10.6M	9.5M	10.1M
Total Current Liabilities	21.4M	36.3M	27.0M	23.0M	26.5M	28.1M
Total Stockholder Equity	224.1M	279.9M	203.0M	191.9M	172.7M	195.8M
Other Liab	106K	236K	31K	34K	30.6K	29.1K
Net Tangible Assets	90.6M	161.9M	139.8M	139.8M	160.8M	133.3M
Property Plant And Equipment Net	12.4M	36.4M	34.5M	33.7M	38.7M	28.5M
Net Debt	3.9M	(34.3M)	30.1M	7.6M	8.8M	9.2M
Accounts Payable	8.9M	16.0M	13.6M	11.5M	13.3M	13.0M
Cash	234K	60.8M	19.5M	22.0M	25.2M	22.6M
Non Current Assets Total	146.2M	161.4M	98.0M	86.0M	77.4M	120.8M
Non Currrent Assets Other	242K	424K	336K	260K	299K	318.8K
Other Assets	242K	7.1M	336K	260K	299K	284.1K
Cash And Short Term Investments	234K	60.8M	19.5M	22.0M	25.2M	22.6M
Net Receivables	35.2M	42.4M	30.1M	28.1M	25.3M	26.1M
Liabilities And Stockholders Equity	248.4M	341.3M	277.8M	243.6M	219.2M	234.5M
Non Current Liabilities Total	2.9M	25.0M	47.8M	28.7M	33.0M	25.2M
Capital Lease Obligations	4.2M	26.6M	24.9M	25.0M	28.7M	17.7M
Inventory	60.0M	74.3M	121.7M	99.7M	114.7M	91.7M
Other Current Assets	3.2M	2.3M	8.5M	7.8M	9.0M	5.5M
Other Stockholder Equity	(224.1M)	265.4M	253.4M	254.2M	292.4M	307.0M
Total Liab	24.3M	61.4M	74.8M	51.7M	59.5M	53.3M
Net Invested Capital	224.1M	279.9M	227.7M	196.5M	176.8M	200.5M
Property Plant And Equipment Gross	12.4M	36.4M	34.5M	33.7M	38.7M	28.5M
Total Current Assets	102.3M	179.8M	179.8M	157.6M	181.3M	156.3M
Non Current Liabilities Other	106K	236K	23.1M	24.1M	27.7M	29.1M
Net Working Capital	80.9M	143.5M	152.8M	134.6M	154.8M	128.2M
Intangible Assets	69.2M	53.6M	63.2M	52.0M	46.8M	52.1M
Property Plant Equipment	12.4M	36.4M	10.6M	9.5M	8.5M	13.0M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Outdoor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Outdoor's short interest history, or implied volatility extrapolated from American Outdoor options trading.

Pair Trading with American Outdoor

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

Moving against American Stock

0.44

VZIO

Vizio Holding Corp Financial Report 14th of May 2024

Pair Corr

The ability to find closely correlated positions to American Outdoor 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 Outdoor 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 Outdoor - 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 Outdoor Brands to buy it.

The correlation of American Outdoor 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 Outdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Outdoor Brands 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 Outdoor 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 Outdoor Brands 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 Outdoor Brands Stock. Highlighted below are key reports to facilitate an investment decision about American Outdoor Brands Stock:

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Is American Stock a good investment?

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What is American Outdoor's Net Worth?

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

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running American Outdoor's price analysis, check to measure American Outdoor'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 Outdoor is operating at the current time. Most of American Outdoor's value examination focuses on studying past and present price action to predict the probability of American Outdoor'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 Outdoor's price. Additionally, you may evaluate how the addition of American Outdoor to your portfolios can decrease your overall portfolio volatility.

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Is American Outdoor'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 Outdoor. 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 Outdoor 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

(0.79)

Earnings Share

(0.82)

Revenue Per Share

15.056

Quarterly Revenue Growth

0.05

Return On Assets

(0.03)

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

Net Working Capital vs Retained Earnings

Net Working Capital vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Working Capital

Retained Earnings

American Outdoor fundamental ratios Correlations

American Outdoor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Outdoor fundamental ratios Accounts

Pair Trading with American Outdoor

Moving against American Stock

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Net Invested Capital	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Net Tangible Assets
Property Plant And Equipment Gross	+ 0.99	Net Tangible Assets

Total Current Assets	- 0.91	Good Will
Good Will	- 0.91	Net Tangible Assets
Non Current Assets Total	- 0.91	Net Tangible Assets
Total Current Assets	- 0.9	Non Current Assets Total
Net Tangible Assets	- 0.9	Other Liab
Property Plant And Equipment Gross	- 0.89	Good Will