Grupo Total Current Liabilities vs Property Plant Equipment Analysis

ASR Stock  USD 354.34  6.75  1.94%   
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 Total Current Liabilities and its Property Plant Equipment 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.

Total Current Liabilities vs Property Plant Equipment

Total Current Liabilities vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aeroportuario del Total Current Liabilities account and Property Plant Equipment. At this time, the significance of the direction appears to have very week relationship.
The correlation between Grupo Aeroportuario's Total Current Liabilities and Property Plant Equipment is 0.26. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant Equipment 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 Total Current Liabilities and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Grupo Aeroportuario del are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Liabilities i.e., Grupo Aeroportuario's Total Current Liabilities and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Grupo Aeroportuario balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Grupo Aeroportuario del are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant Equipment

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 05/17/2024, 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 Profit12.3B18.8B15.6B16.3B
Total Revenue18.8B25.3B25.8B27.1B

Grupo Aeroportuario fundamental ratios Correlations

0.750.940.97-0.060.310.970.930.860.880.420.860.85-0.460.840.830.160.30.970.420.870.97-0.510.930.970.54
0.750.840.76-0.440.030.690.710.760.590.40.760.83-0.160.630.530.27-0.090.690.00.790.66-0.20.640.660.01
0.940.840.96-0.340.030.910.810.950.740.520.950.94-0.360.880.650.240.170.850.240.970.85-0.410.790.860.26
0.970.760.96-0.260.070.940.820.950.760.570.950.91-0.460.890.680.190.170.870.370.950.89-0.520.820.90.39
-0.06-0.44-0.34-0.260.78-0.080.15-0.480.23-0.48-0.48-0.4-0.05-0.30.34-0.180.550.120.53-0.490.140.00.210.090.7
0.310.030.030.070.780.320.53-0.20.61-0.52-0.2-0.05-0.2-0.040.74-0.130.610.530.3-0.180.5-0.150.620.430.77
0.970.690.910.94-0.080.320.850.820.880.290.820.83-0.510.830.820.10.40.930.280.830.94-0.540.910.930.56
0.930.710.810.820.150.530.850.690.880.320.690.69-0.370.680.890.140.30.970.520.70.94-0.40.960.950.63
0.860.760.950.95-0.48-0.20.820.690.570.721.00.88-0.380.860.470.20.010.730.271.00.73-0.450.650.770.14
0.880.590.740.760.230.610.880.880.570.050.570.66-0.460.650.980.10.490.930.360.60.94-0.430.940.890.67
0.420.40.520.57-0.48-0.520.290.320.720.050.720.44-0.20.52-0.040.11-0.450.250.480.670.25-0.30.170.37-0.08
0.860.760.950.95-0.48-0.20.820.691.00.570.720.88-0.380.860.470.20.010.730.271.00.73-0.450.650.770.14
0.850.830.940.91-0.4-0.050.830.690.880.660.440.88-0.280.880.550.340.050.750.110.920.77-0.330.670.730.12
-0.46-0.16-0.36-0.46-0.05-0.2-0.51-0.37-0.38-0.46-0.2-0.38-0.28-0.33-0.440.7-0.29-0.45-0.27-0.37-0.440.99-0.46-0.43-0.37
0.840.630.880.89-0.3-0.040.830.680.860.650.520.860.88-0.330.530.210.030.720.260.870.76-0.380.650.770.24
0.830.530.650.680.340.740.820.890.470.98-0.040.470.55-0.440.530.060.560.930.390.490.91-0.410.950.860.72
0.160.270.240.19-0.18-0.130.10.140.20.10.110.20.340.70.210.06-0.160.12-0.020.220.170.680.060.12-0.09
0.3-0.090.170.170.550.610.40.30.010.49-0.450.010.05-0.290.030.56-0.160.430.170.040.42-0.250.480.350.65
0.970.690.850.870.120.530.930.970.730.930.250.730.75-0.450.720.930.120.430.440.740.99-0.480.990.960.65
0.420.00.240.370.530.30.280.520.270.360.480.270.11-0.270.260.39-0.020.170.440.230.46-0.310.450.520.65
0.870.790.970.95-0.49-0.180.830.71.00.60.671.00.92-0.370.870.490.220.040.740.230.74-0.430.660.770.13
0.970.660.850.890.140.50.940.940.730.940.250.730.77-0.440.760.910.170.420.990.460.74-0.470.970.960.66
-0.51-0.2-0.41-0.520.0-0.15-0.54-0.4-0.45-0.43-0.3-0.45-0.330.99-0.38-0.410.68-0.25-0.48-0.31-0.43-0.47-0.48-0.47-0.36
0.930.640.790.820.210.620.910.960.650.940.170.650.67-0.460.650.950.060.480.990.450.660.97-0.480.950.71
0.970.660.860.90.090.430.930.950.770.890.370.770.73-0.430.770.860.120.350.960.520.770.96-0.470.950.66
0.540.010.260.390.70.770.560.630.140.67-0.080.140.12-0.370.240.72-0.090.650.650.650.130.66-0.360.710.66
Click cells to compare fundamentals

Grupo Aeroportuario Account Relationship Matchups

Grupo Aeroportuario fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets57.5B60.4B65.8B70.9B70.6B74.1B
Other Current Liab(1.2B)1.3B2.9B3.4B2.4B2.6B
Total Current Liabilities2.6B2.8B3.8B5.6B4.8B5.1B
Total Stockholder Equity31.2B33.7B37.2B41.6B44.9B47.2B
Property Plant And Equipment Net520.6M504.4M184.6M171.0M184.0M174.8M
Net Debt7.5B8.7B5.0B2.0B(3.2B)(3.1B)
Retained Earnings22.0B23.7B27.1B32.3B24.7B25.9B
Accounts Payable245.1M353.9M290.7M307.1M333.4M350.0M
Cash6.2B5.2B8.8B13.2B15.5B16.3B
Non Current Assets Total49.7B52.7B54.3B52.8B51.8B28.8B
Non Currrent Assets Other(257.5M)(260.2M)(155.5M)(3.0B)49.3B51.8B
Cash And Short Term Investments6.2B5.2B8.8B13.2B15.5B16.3B
Net Receivables1.5B2.5B2.7B3.5B2.9B3.0B
Liabilities And Stockholders Equity57.5B60.4B65.8B70.9B70.6B74.1B
Non Current Liabilities Total16.2B16.0B16.3B16.3B14.1B7.3B
Other Current Assets204.1M221.8M311.3M285.6M317.3M284.6M
Other Stockholder Equity28.3B9.9B313.6M28.3B1.00.95
Total Liab18.7B18.7B20.1B21.9B19.0B19.9B
Property Plant And Equipment Gross520.6M504.4M184.6M171.0M553.7M526.0M
Total Current Assets7.8B7.7B11.6B18.1B18.7B19.7B
Accumulated Other Comprehensive Income1.4B2.2B2.3B1.6B12.5B13.1B
Intangible Assets49.1B49.6B51.4B50.2B47.2B49.5B
Short Long Term Debt Total13.7B13.9B13.8B15.2B12.2B12.9B
Other Liab3.0B3.2B3.1B3.0B3.5B3.6B
Property Plant Equipment520.6M504.4M184.6M171.0M196.7M253.2M
Other Assets23.4M431.8M819.0M378.1M434.8M483.9M
Inventory49.7M34.0M57.1M64.7M60.4M63.4M
Current Deferred Revenue303.6M266.9M3.0B789.3M907.7M942.2M
Long Term Debt13.2B12.8B13.2B13.3B11.0B7.6B
Short Term Debt549.6M1.1B578.1M1.9B1.3B1.3B
Net Tangible Assets(18.0B)(18.1B)(16.1B)(10.7B)(9.6B)(10.1B)
Short Long Term Debt549.6M1.1B578.1M1.9B1.2B897.3M
Long Term Debt Total13.2B12.8B13.2B13.3B15.3B12.7B
Capital Lease Obligations20.4M17.2M24.5M23.5M22.4M13.2M
Cash And Equivalents2.6B1.7B2.2B13.2B15.2B15.9B

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When determining whether Grupo Aeroportuario del offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grupo Aeroportuario'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 Grupo Aeroportuario Del Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grupo Aeroportuario Del Stock:
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.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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
21.38
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.