Grupo Net Receivables vs Cash And Short Term Investments Analysis
ASR Stock | USD 354.88 1.55 0.44% |
Grupo Aeroportuario financial indicator trend analysis is much more than just examining Grupo Aeroportuario del latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Aeroportuario del is a good investment. Please check the relationship between Grupo Aeroportuario Net Receivables and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grupo Aeroportuario del. 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.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aeroportuario del Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Grupo Aeroportuario's Net Receivables and Cash And Short Term Investments is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Grupo Aeroportuario del, assuming nothing else is changed. The correlation between historical values of Grupo Aeroportuario's Net Receivables and Cash And Short Term Investments 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 Receivables of Grupo Aeroportuario del are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Grupo Aeroportuario's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Grupo Aeroportuario del balance sheet. This account contains Grupo Aeroportuario investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Grupo Aeroportuario del fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Grupo Aeroportuario's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Aeroportuario del 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 Grupo Aeroportuario del. 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 this time, Grupo Aeroportuario's Selling General Administrative is relatively stable compared to the past year. As of 05/20/2024, Enterprise Value Over EBITDA is likely to grow to 90.63, while Tax Provision is likely to drop slightly above 2.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.3B | 18.8B | 15.6B | 16.3B | Total Revenue | 18.8B | 25.3B | 25.8B | 27.1B |
Grupo Aeroportuario fundamental ratios Correlations
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Grupo Aeroportuario Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grupo Aeroportuario fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 57.5B | 60.4B | 65.8B | 70.9B | 70.6B | 74.1B | |
Other Current Liab | (1.2B) | 1.3B | 2.9B | 3.4B | 2.4B | 2.6B | |
Total Current Liabilities | 2.6B | 2.8B | 3.8B | 5.6B | 4.8B | 5.1B | |
Total Stockholder Equity | 31.2B | 33.7B | 37.2B | 41.6B | 44.9B | 47.2B | |
Property Plant And Equipment Net | 520.6M | 504.4M | 184.6M | 171.0M | 184.0M | 174.8M | |
Net Debt | 7.5B | 8.7B | 5.0B | 2.0B | (3.2B) | (3.1B) | |
Retained Earnings | 22.0B | 23.7B | 27.1B | 32.3B | 24.7B | 25.9B | |
Accounts Payable | 245.1M | 353.9M | 290.7M | 307.1M | 333.4M | 350.0M | |
Cash | 6.2B | 5.2B | 8.8B | 13.2B | 15.5B | 16.3B | |
Non Current Assets Total | 49.7B | 52.7B | 54.3B | 52.8B | 51.8B | 28.8B | |
Non Currrent Assets Other | (257.5M) | (260.2M) | (155.5M) | (3.0B) | 49.3B | 51.8B | |
Cash And Short Term Investments | 6.2B | 5.2B | 8.8B | 13.2B | 15.5B | 16.3B | |
Net Receivables | 1.5B | 2.5B | 2.7B | 3.5B | 2.9B | 3.0B | |
Liabilities And Stockholders Equity | 57.5B | 60.4B | 65.8B | 70.9B | 70.6B | 74.1B | |
Non Current Liabilities Total | 16.2B | 16.0B | 16.3B | 16.3B | 14.1B | 7.3B | |
Other Current Assets | 204.1M | 221.8M | 311.3M | 285.6M | 317.3M | 284.6M | |
Other Stockholder Equity | 28.3B | 9.9B | 313.6M | 28.3B | 1.0 | 0.95 | |
Total Liab | 18.7B | 18.7B | 20.1B | 21.9B | 19.0B | 19.9B | |
Property Plant And Equipment Gross | 520.6M | 504.4M | 184.6M | 171.0M | 553.7M | 526.0M | |
Total Current Assets | 7.8B | 7.7B | 11.6B | 18.1B | 18.7B | 19.7B | |
Accumulated Other Comprehensive Income | 1.4B | 2.2B | 2.3B | 1.6B | 12.5B | 13.1B | |
Intangible Assets | 49.1B | 49.6B | 51.4B | 50.2B | 47.2B | 49.5B | |
Short Long Term Debt Total | 13.7B | 13.9B | 13.8B | 15.2B | 12.2B | 12.9B | |
Other Liab | 3.0B | 3.2B | 3.1B | 3.0B | 3.5B | 3.6B | |
Property Plant Equipment | 520.6M | 504.4M | 184.6M | 171.0M | 196.7M | 253.2M | |
Other Assets | 23.4M | 431.8M | 819.0M | 378.1M | 434.8M | 483.9M | |
Inventory | 49.7M | 34.0M | 57.1M | 64.7M | 60.4M | 63.4M | |
Current Deferred Revenue | 303.6M | 266.9M | 3.0B | 789.3M | 907.7M | 942.2M | |
Long Term Debt | 13.2B | 12.8B | 13.2B | 13.3B | 11.0B | 7.6B | |
Short Term Debt | 549.6M | 1.1B | 578.1M | 1.9B | 1.3B | 1.3B | |
Net Tangible Assets | (18.0B) | (18.1B) | (16.1B) | (10.7B) | (9.6B) | (10.1B) | |
Short Long Term Debt | 549.6M | 1.1B | 578.1M | 1.9B | 1.2B | 897.3M | |
Long Term Debt Total | 13.2B | 12.8B | 13.2B | 13.3B | 15.3B | 12.7B | |
Capital Lease Obligations | 20.4M | 17.2M | 24.5M | 23.5M | 22.4M | 13.2M | |
Cash And Equivalents | 2.6B | 1.7B | 2.2B | 13.2B | 15.2B | 15.9B |
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Is Grupo Aeroportuario'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 Grupo Aeroportuario. If investors know Grupo 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 Grupo Aeroportuario 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 0.227 | Earnings Share 21.52 | Revenue Per Share 893.57 | Quarterly Revenue Growth 0.153 | Return On Assets 0.1374 |
The market value of Grupo Aeroportuario del is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Aeroportuario's value that differs from its market value or its book value, called intrinsic value, which is Grupo Aeroportuario'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 Grupo Aeroportuario's market value can be influenced by many factors that don't directly affect Grupo Aeroportuario'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 Grupo Aeroportuario's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Aeroportuario is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Aeroportuario'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.