Grupo Total Revenue vs Total Operating Expenses Analysis
ASR Stock | USD 351.07 2.49 0.71% |
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 Revenue and its Total Operating Expenses 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 Revenue vs Total Operating Expenses
Total Revenue vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aeroportuario del Total Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Grupo Aeroportuario's Total Revenue and Total Operating Expenses is 0.24. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Operating Expenses 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 Revenue and Total Operating Expenses 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 Revenue of Grupo Aeroportuario del are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Total Revenue i.e., Grupo Aeroportuario's Total Revenue and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Grupo Aeroportuario del generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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 05/14/2024, 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
Click cells to compare fundamentals
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 |
Pair Trading with Grupo Aeroportuario
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 Grupo Aeroportuario 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 Grupo Aeroportuario will appreciate offsetting losses from the drop in the long position's value.Moving together with Grupo Stock
0.95 | PAC | Grupo Aeroportuario del | PairCorr |
Moving against Grupo Stock
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The ability to find closely correlated positions to Grupo Aeroportuario could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grupo Aeroportuario 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 Grupo Aeroportuario - 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 Grupo Aeroportuario del to buy it.
The correlation of Grupo Aeroportuario 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 Grupo Aeroportuario moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grupo Aeroportuario del 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 Grupo Aeroportuario 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.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 CEOs Directory module to screen CEOs from public companies around the world.
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When running Grupo Aeroportuario's price analysis, check to measure Grupo Aeroportuario'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 Grupo Aeroportuario is operating at the current time. Most of Grupo Aeroportuario's value examination focuses on studying past and present price action to predict the probability of Grupo Aeroportuario's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Aeroportuario's price. Additionally, you may evaluate how the addition of Grupo Aeroportuario to your portfolios can decrease your overall portfolio volatility.
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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 21.37 | 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.