Associated Reconciled Depreciation vs Operating Income Analysis

ASB Stock  USD 21.87  0.31  1.44%   
Associated Banc financial indicator trend analysis is way more than just evaluating Associated Banc Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Associated Banc Corp is a good investment. Please check the relationship between Associated Banc Reconciled Depreciation and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Banc Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Reconciled Depreciation vs Operating Income

Reconciled Depreciation vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated Banc Corp Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Associated Banc's Reconciled Depreciation and Operating Income is -0.39. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income in the same time period over historical financial statements of Associated Banc Corp, assuming nothing else is changed. The correlation between historical values of Associated Banc's Reconciled Depreciation and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Associated Banc Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., Associated Banc's Reconciled Depreciation and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Operating Income

Operating Income is the amount of profit realized from Associated Banc Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Associated Banc Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Associated Banc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Associated Banc Corp 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 Associated Banc Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At present, Associated Banc's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 24.36, whereas Selling General Administrative is forecasted to decline to about 306.4 M.
 2021 2022 2023 2024 (projected)
Operating Income436.3M692.6M206.1M236.4M
Other Operating Expenses612.7M604.1M2.6B2.7B

Associated Banc fundamental ratios Correlations

0.710.70.320.30.80.710.610.390.640.650.110.50.480.480.980.70.490.330.190.930.920.050.440.270.81
0.710.52-0.15-0.190.970.930.410.780.680.32-0.160.630.290.280.621.00.04-0.160.640.860.86-0.20.940.330.36
0.70.520.290.020.50.470.980.330.350.370.040.710.210.540.690.520.480.120.140.60.60.090.270.580.56
0.32-0.150.290.29-0.15-0.190.3-0.480.00.450.380.230.390.350.37-0.140.770.18-0.550.090.080.11-0.380.480.62
0.3-0.190.020.29-0.06-0.20.0-0.230.060.030.44-0.28-0.18-0.240.35-0.20.120.94-0.220.20.210.48-0.32-0.30.35
0.80.970.5-0.15-0.060.960.390.740.690.44-0.070.530.30.290.720.960.05-0.030.560.90.9-0.210.870.180.41
0.710.930.47-0.19-0.20.960.370.730.610.47-0.050.50.330.370.620.920.01-0.180.530.80.8-0.380.850.150.3
0.610.410.980.30.00.390.370.240.160.310.070.680.110.50.620.410.470.110.060.480.480.080.160.570.48
0.390.780.33-0.48-0.230.740.730.240.5-0.07-0.380.390.160.040.270.79-0.35-0.170.940.640.65-0.210.850.20.12
0.640.680.350.00.060.690.610.160.50.4-0.130.340.540.360.540.680.170.080.460.720.720.090.60.240.56
0.650.320.370.450.030.440.470.31-0.070.40.390.310.60.690.670.30.670.07-0.280.420.41-0.440.070.030.62
0.11-0.160.040.380.44-0.07-0.050.07-0.38-0.130.390.09-0.160.070.2-0.170.360.42-0.42-0.07-0.07-0.19-0.28-0.190.16
0.50.630.710.23-0.280.530.50.680.390.340.310.090.210.580.480.640.45-0.190.240.530.53-0.220.520.590.41
0.480.290.210.39-0.180.30.330.110.160.540.6-0.160.210.70.450.290.56-0.150.030.440.44-0.230.160.230.7
0.480.280.540.35-0.240.290.370.50.040.360.690.070.580.70.490.280.7-0.11-0.180.350.35-0.390.110.190.54
0.980.620.690.370.350.720.620.620.270.540.670.20.480.450.490.60.580.410.060.870.860.060.340.210.81
0.71.00.52-0.14-0.20.960.920.410.790.680.3-0.170.640.290.280.60.03-0.180.650.850.85-0.20.940.350.35
0.490.040.480.770.120.050.010.47-0.350.170.670.360.450.560.70.580.030.22-0.490.240.24-0.11-0.210.290.69
0.33-0.160.120.180.94-0.03-0.180.11-0.170.080.070.42-0.19-0.15-0.110.41-0.180.22-0.190.230.230.4-0.3-0.380.35
0.190.640.14-0.55-0.220.560.530.060.940.46-0.28-0.420.240.03-0.180.060.65-0.49-0.190.480.49-0.060.770.20.01
0.930.860.60.090.20.90.80.480.640.720.42-0.070.530.440.350.870.850.240.230.481.00.060.690.270.7
0.920.860.60.080.210.90.80.480.650.720.41-0.070.530.440.350.860.850.240.230.491.00.060.690.270.7
0.05-0.20.090.110.48-0.21-0.380.08-0.210.09-0.44-0.19-0.22-0.23-0.390.06-0.2-0.110.4-0.060.060.06-0.270.220.15
0.440.940.27-0.38-0.320.870.850.160.850.60.07-0.280.520.160.110.340.94-0.21-0.30.770.690.69-0.270.210.09
0.270.330.580.48-0.30.180.150.570.20.240.03-0.190.590.230.190.210.350.29-0.380.20.270.270.220.210.41
0.810.360.560.620.350.410.30.480.120.560.620.160.410.70.540.810.350.690.350.010.70.70.150.090.41
Click cells to compare fundamentals

Associated Banc Account Relationship Matchups

Associated Banc fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding161.9M153.6M152.0M150.5M150.9M119.4M
Total Assets32.4B33.4B35.1B39.4B41.0B21.0B
Short Long Term Debt Total3.8B2.2B1.9B4.6B2.5B3.1B
Other Current Liab(581.4M)(608.8M)(284.1M)(20.8M)(740M)(703M)
Total Current Liabilities581.4M608.8M284.1M20.8M740M703M
Total Stockholder Equity3.9B4.1B4.0B4.0B4.2B2.3B
Property Plant And Equipment Net435.3M418.9M385.2M376.9M373.0M218.1M
Net Debt3.2B1.5B879.6M4.0B1.6B2.6B
Retained Earnings2.4B2.5B2.7B2.9B2.9B3.1B
Cash581.0M714.9M1.0B593.6M909.5M554.1M
Non Current Assets Total7.5B6.9B8.5B2.0B1.5B1.4B
Non Currrent Assets Other(118.2M)(165.6M)(148.8M)(6.6B)(8.1B)(7.7B)
Other Assets21.0B22.6B21.2B36.8B35.2B21.2B
Cash And Short Term Investments3.8B3.8B5.4B437.0M4.1B4.3B
Liabilities And Stockholders Equity32.4B33.4B35.1B39.4B41.0B21.0B
Non Current Liabilities Total3.2B1.6B1.6B20.8M1.7B1.6B
Other Stockholder Equity1.3B1.3B1.2B1.2B1.2B907.6M
Total Liab28.5B29.3B31.1B35.4B36.8B18.7B
Total Current Assets3.8B3.9B5.4B581.4M4.3B4.0B
Short Term Debt581.4M608.8M284.1M20.8M740M1.0B
Accumulated Other Comprehensive Income(33.2M)12.6M(10.3M)(272.8M)(171.1M)(162.5M)
Property Plant And Equipment Gross435.3M418.9M745.4M734.8M750.0M787.5M
Other Liab22.0M47.8M39.8M234.0M210.6M136.7M
Accounts Payable23.8B26.5B28.5B29.6B34.1B19.4B
Long Term Debt549.3M549.5M1.6B4.6B1.7B2.0B
Short Term Investments3.3B3.1B4.3B2.7B3.6B3.9B
Inventory27.1M(807.7M)(1.1B)(765.9M)(1.1B)(1.0B)
Treasury Stock(400.5M)(456.2M)(546.2M)(525.2M)(472.7M)(449.0M)
Intangible Assets155.6M110.2M113.0M126.6M124.9M87.0M
Property Plant Equipment435.3M418.9M385.2M376.9M433.4M277.2M
Good Will1.2B1.2B1.1B1.1B1.3B1.0B
Other Current Assets609.8M807.7M1.1B765.9M1.1B1.0B
Net Tangible Assets2.4B2.6B2.7B2.7B3.1B2.3B
Retained Earnings Total Equity2.4B2.5B2.7B2.9B3.3B1.9B
Long Term Debt Total549.3M549.5M1.9B248.1M223.3M212.1M
Capital Surpluse1.7B1.7B1.7B1.7B2.0B1.8B

Associated Banc Investors Sentiment

The influence of Associated Banc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Associated. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Associated Banc's public news can be used to forecast risks associated with an investment in Associated. The trend in average sentiment can be used to explain how an investor holding Associated can time the market purely based on public headlines and social activities around Associated Banc Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Associated Banc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Associated Banc's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Associated Banc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Associated Banc.
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 Associated Banc 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, Associated Banc's short interest history, or implied volatility extrapolated from Associated Banc options trading.

Pair Trading with Associated Banc

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

Moving together with Associated Stock

  0.71BY Byline Bancorp Normal TradingPairCorr
  0.69PB Prosperity Bancshares Financial Report 24th of July 2024 PairCorr
The ability to find closely correlated positions to Associated Banc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated Banc 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 Associated Banc - 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 Associated Banc Corp to buy it.
The correlation of Associated Banc 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 Associated Banc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Banc Corp 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 Associated Banc 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 CorrelationCorrelation Matching
When determining whether Associated Banc Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Associated Banc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Associated Banc Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Associated Banc Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Banc Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Associated Banc's price analysis, check to measure Associated Banc'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 Associated Banc is operating at the current time. Most of Associated Banc's value examination focuses on studying past and present price action to predict the probability of Associated Banc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Banc's price. Additionally, you may evaluate how the addition of Associated Banc to your portfolios can decrease your overall portfolio volatility.
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Is Associated Banc'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 Associated Banc. If investors know Associated 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 Associated Banc 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
(0.21)
Dividend Share
0.86
Earnings Share
0.99
Revenue Per Share
6.67
Quarterly Revenue Growth
(0.06)
The market value of Associated Banc Corp is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Banc's value that differs from its market value or its book value, called intrinsic value, which is Associated Banc'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 Associated Banc's market value can be influenced by many factors that don't directly affect Associated Banc'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 Associated Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Banc'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.