AmeriServ Selling General Administrative vs Gross Profit Analysis

ASRV Stock

USD 2.91 0.02 0.69%

AmeriServ Financial financial indicator trend analysis is way more than just evaluating AmeriServ Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AmeriServ Financial is a good investment. Please check the relationship between AmeriServ Financial Selling General Administrative and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative vs Gross Profit

Selling General Administrative vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AmeriServ Financial Selling General Administrative account and Gross Profit. At this time, the significance of the direction appears to have very week relationship.

The correlation between AmeriServ Financial's Selling General Administrative and Gross Profit is 0.24. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit in the same time period over historical financial statements of AmeriServ Financial, assuming nothing else is changed. The correlation between historical values of AmeriServ Financial's Selling General Administrative and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of AmeriServ Financial are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling General Administrative i.e., AmeriServ Financial's Selling General Administrative and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Selling General Administrative

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AmeriServ Financial minus its cost of goods sold. It is profit before AmeriServ Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from AmeriServ Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AmeriServ Financial 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, AmeriServ Financial's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 79.52 in 2024, despite the fact that Tax Provision is likely to grow to (989.9 K).

	2021	2022	2023	2024 (projected)
Other Operating Expenses	48.1M	3.2M	81.6M	85.7M
Interest Expense	7.6M	8.5M	24.8M	23.6M

Other Operating Expenses Interest Expense

AmeriServ Financial fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Net Receivables	Other Current Liab	Inventory	Other Current Assets	Common Stock Total Equity	Common Stock	Other Liab
Common Stock Shares Outstanding		0.38	0.28	-0.04	0.83	-0.47	0.46	0.19	-0.72	0.23	0.19	-0.06	0.14	0.22	0.95	0.32	-0.16	-0.33	0.1	-0.93	-0.27	0.29	-0.4	-0.93	-0.93	-0.17
Total Assets	0.38		0.52	0.19	0.42	0.48	0.61	0.93	-0.54	-0.29	-0.33	0.56	-0.03	-0.24	0.33	1.0	0.5	0.27	0.6	-0.31	-0.66	0.7	-0.75	-0.64	-0.64	-0.31
Short Long Term Debt Total	0.28	0.52		0.48	0.31	0.04	0.96	0.61	-0.58	-0.02	0.17	0.55	-0.37	0.07	0.08	0.53	0.43	-0.25	0.73	-0.16	-0.26	0.51	-0.53	-0.5	-0.5	-0.65
Total Current Liabilities	-0.04	0.19	0.48		0.14	0.0	0.49	0.29	-0.49	0.25	0.5	0.73	-0.85	-0.43	-0.25	0.22	0.69	-0.14	0.31	0.31	0.11	0.54	-0.46	-0.13	-0.13	-0.53
Total Stockholder Equity	0.83	0.42	0.31	0.14		-0.3	0.44	0.28	-0.64	0.04	0.06	0.19	0.04	-0.04	0.73	0.35	0.16	-0.11	0.31	-0.74	-0.42	0.48	-0.56	-0.84	-0.84	-0.23
Property Plant And Equipment Net	-0.47	0.48	0.04	0.0	-0.3		0.03	0.6	0.08	-0.71	-0.71	0.51	0.0	-0.58	-0.45	0.52	0.43	0.76	0.33	0.43	-0.58	0.46	-0.42	0.21	0.21	0.13
Net Debt	0.46	0.61	0.96	0.49	0.44	0.03		0.66	-0.77	-0.02	0.15	0.58	-0.38	0.02	0.26	0.62	0.43	-0.25	0.7	-0.31	-0.35	0.62	-0.66	-0.67	-0.67	-0.64
Retained Earnings	0.19	0.93	0.61	0.29	0.28	0.6	0.66		-0.53	-0.48	-0.42	0.74	-0.14	-0.4	0.06	0.94	0.66	0.42	0.69	-0.11	-0.74	0.81	-0.84	-0.51	-0.51	-0.37
Cash	-0.72	-0.54	-0.58	-0.49	-0.64	0.08	-0.77	-0.53		-0.01	-0.15	-0.55	0.37	0.19	-0.52	-0.52	-0.37	0.16	-0.4	0.52	0.43	-0.75	0.79	0.84	0.84	0.43
Non Current Assets Total	0.23	-0.29	-0.02	0.25	0.04	-0.71	-0.02	-0.48	-0.01		0.93	-0.44	-0.14	0.44	0.3	-0.3	-0.36	-0.76	-0.44	-0.2	0.83	-0.48	0.47	-0.05	-0.05	-0.28
Non Currrent Assets Other	0.19	-0.33	0.17	0.5	0.06	-0.71	0.15	-0.42	-0.15	0.93		-0.2	-0.37	0.3	0.16	-0.33	-0.18	-0.75	-0.28	-0.08	0.78	-0.31	0.32	-0.06	-0.06	-0.37
Other Assets	-0.06	0.56	0.55	0.73	0.19	0.51	0.58	0.74	-0.55	-0.44	-0.2		-0.66	-0.64	-0.29	0.6	0.91	0.35	0.65	0.29	-0.54	0.9	-0.84	-0.24	-0.24	-0.39
Cash And Short Term Investments	0.14	-0.03	-0.37	-0.85	0.04	0.0	-0.38	-0.14	0.37	-0.14	-0.37	-0.66		0.21	0.32	-0.07	-0.65	0.27	-0.28	-0.45	-0.16	-0.41	0.3	-0.07	-0.07	0.47
Non Current Liabilities Total	0.22	-0.24	0.07	-0.43	-0.04	-0.58	0.02	-0.4	0.19	0.44	0.3	-0.64	0.21		0.34	-0.26	-0.49	-0.79	-0.11	-0.31	0.49	-0.66	0.59	-0.01	-0.01	-0.2
Other Stockholder Equity	0.95	0.33	0.08	-0.25	0.73	-0.45	0.26	0.06	-0.52	0.3	0.16	-0.29	0.32	0.34		0.26	-0.37	-0.34	-0.06	-0.94	-0.17	0.08	-0.19	-0.82	-0.82	-0.02
Total Liab	0.32	1.0	0.53	0.22	0.35	0.52	0.62	0.94	-0.52	-0.3	-0.33	0.6	-0.07	-0.26	0.26		0.53	0.29	0.61	-0.24	-0.65	0.71	-0.75	-0.59	-0.59	-0.32
Property Plant And Equipment Gross	-0.16	0.5	0.43	0.69	0.16	0.43	0.43	0.66	-0.37	-0.36	-0.18	0.91	-0.65	-0.49	-0.37	0.53		0.27	0.56	0.35	-0.39	0.74	-0.68	-0.11	-0.11	-0.54
Total Current Assets	-0.33	0.27	-0.25	-0.14	-0.11	0.76	-0.25	0.42	0.16	-0.76	-0.75	0.35	0.27	-0.79	-0.34	0.29	0.27		0.11	0.26	-0.67	0.42	-0.4	0.13	0.13	0.46
Short Term Debt	0.1	0.6	0.73	0.31	0.31	0.33	0.7	0.69	-0.4	-0.44	-0.28	0.65	-0.28	-0.11	-0.06	0.61	0.56	0.11		0.07	-0.55	0.61	-0.62	-0.35	-0.35	-0.27
Net Receivables	-0.93	-0.31	-0.16	0.31	-0.74	0.43	-0.31	-0.11	0.52	-0.2	-0.08	0.29	-0.45	-0.31	-0.94	-0.24	0.35	0.26	0.07		0.25	-0.1	0.23	0.84	0.84	0.12
Other Current Liab	-0.27	-0.66	-0.26	0.11	-0.42	-0.58	-0.35	-0.74	0.43	0.83	0.78	-0.54	-0.16	0.49	-0.17	-0.65	-0.39	-0.67	-0.55	0.25		-0.76	0.8	0.49	0.49	-0.12
Inventory	0.29	0.7	0.51	0.54	0.48	0.46	0.62	0.81	-0.75	-0.48	-0.31	0.9	-0.41	-0.66	0.08	0.71	0.74	0.42	0.61	-0.1	-0.76		-0.99	-0.57	-0.56	-0.27
Other Current Assets	-0.4	-0.75	-0.53	-0.46	-0.56	-0.42	-0.66	-0.84	0.79	0.47	0.32	-0.84	0.3	0.59	-0.19	-0.75	-0.68	-0.4	-0.62	0.23	0.8	-0.99		0.66	0.66	0.27
Common Stock Total Equity	-0.93	-0.64	-0.5	-0.13	-0.84	0.21	-0.67	-0.51	0.84	-0.05	-0.06	-0.24	-0.07	-0.01	-0.82	-0.59	-0.11	0.13	-0.35	0.84	0.49	-0.57	0.66		1.0	0.3
Common Stock	-0.93	-0.64	-0.5	-0.13	-0.84	0.21	-0.67	-0.51	0.84	-0.05	-0.06	-0.24	-0.07	-0.01	-0.82	-0.59	-0.11	0.13	-0.35	0.84	0.49	-0.56	0.66	1.0		0.3
Other Liab	-0.17	-0.31	-0.65	-0.53	-0.23	0.13	-0.64	-0.37	0.43	-0.28	-0.37	-0.39	0.47	-0.2	-0.02	-0.32	-0.54	0.46	-0.27	0.12	-0.12	-0.27	0.27	0.3	0.3

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AmeriServ Financial Account Relationship Matchups

AmeriServ Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	17.4M	17.1M	17.1M	17.1M	17.1M	17.2M
Total Assets	1.2B	1.3B	1.3B	1.4B	1.4B	1.0B
Short Long Term Debt Total	100.6M	89.7M	42.7M	158.1M	115.6M	153.3M
Total Current Liabilities	22.4M	89.7M	42.7M	92.0M	1.0B	1.1B
Total Stockholder Equity	98.6M	104.4M	116.5M	104.0M	102.3M	113.5M
Property Plant And Equipment Net	18.6M	18.1M	17.4M	17.5M	17.2M	11.3M
Net Debt	78.4M	58.2M	1.6M	135.2M	101.5M	123.8M
Retained Earnings	51.8M	54.6M	60.0M	65.5M	58.9M	41.4M
Cash	22.2M	31.5M	41.1M	23.0M	14.0M	13.3M
Non Current Assets Total	212.2M	218.4M	248.1M	34.0M	1.4B	908.1M
Non Currrent Assets Other	(4.0M)	(1.6M)	(248.1M)	(241.4M)	1.3B	1.4B
Other Assets	791.6M	880.6M	879.2M	1.3B	1.5B	1.6B
Cash And Short Term Investments	163.9M	175.7M	204.3M	18.8M	(112.2M)	(106.6M)
Liabilities And Stockholders Equity	1.2B	1.3B	1.3B	1.4B	1.4B	1.0B
Non Current Liabilities Total	78.2M	89.4M	73.8M	1.2B	262.0M	248.9M
Other Stockholder Equity	62.8M	62.7M	62.8M	60.8M	63.1M	53.4M
Total Liab	1.1B	1.2B	1.2B	1.3B	1.3B	927.5M
Property Plant And Equipment Gross	18.6M	18.1M	43.6M	44.0M	44.3M	46.5M
Total Current Assets	167.4M	180.7M	208.3M	23.6M	20.4M	19.4M
Short Term Debt	22.4M	89.7M	42.7M	108.4M	49.3M	72.0M
Net Receivables	3.4M	5.1M	4.0M	4.8M	5.5M	5.5M
Other Current Liab	(22.4M)	(89.7M)	(42.7M)	(16.4M)	976.1M	788.6M
Inventory	(26.5M)	(36.6M)	(46.1M)	(28.7M)	106.7M	112.0M
Other Current Assets	26.5M	36.6M	46.1M	28.7M	20.4M	19.4M
Accumulated Other Comprehensive Income	(16.2M)	(13.2M)	(6.5M)	(22.5M)	(20.0M)	(19.0M)
Other Liab	11.5M	23.2M	10.4M	3.8M	3.4M	3.2M
Accounts Payable	960.5M	1.1B	1.1B	1.1B	1.3B	916.3M
Long Term Debt	20.5M	20.5M	69.3M	26.6M	71.2M	63.2M
Short Term Investments	141.7M	144.2M	163.2M	179.5M	165.7M	105.9M
Treasury Stock	(78.2M)	(80.6M)	(83.1M)	(83.3M)	(75.0M)	(78.7M)
Property Plant Equipment	14.6M	14.3M	17.4M	14.5M	16.6M	13.1M
Retained Earnings Total Equity	46.7M	51.8M	54.6M	65.5M	75.3M	38.7M
Net Tangible Assets	86.7M	92.5M	102.8M	92.6M	106.5M	96.2M
Capital Surpluse	145.8M	145.9M	146.0M	146.2M	168.2M	160.2M
Long Term Investments	1.1B	1.2B	216.9M	1.2B	229.7M	218.2M
Non Current Liabilities Other	5.4M	15.5M	10.2M	14.1M	16.2M	11.6M

Pair Trading with AmeriServ Financial

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

Moving against AmeriServ Stock

0.82	TECTP	Tectonic Financial	Pair Corr
0.75	CFG-PD	Citizens Financial	Pair Corr
0.74	BY	Byline Bancorp Financial Report 25th of July 2024	Pair Corr
0.69	AX	Axos Financial Fiscal Year End 25th of July 2024	Pair Corr
0.53	KB	KB Financial Group	Pair Corr

The ability to find closely correlated positions to AmeriServ Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AmeriServ Financial 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 AmeriServ Financial - 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 AmeriServ Financial to buy it.

The correlation of AmeriServ Financial 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 AmeriServ Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AmeriServ Financial 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 AmeriServ Financial 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

Additional Tools for AmeriServ Stock Analysis

When running AmeriServ Financial's price analysis, check to measure AmeriServ Financial'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 AmeriServ Financial is operating at the current time. Most of AmeriServ Financial's value examination focuses on studying past and present price action to predict the probability of AmeriServ Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AmeriServ Financial's price. Additionally, you may evaluate how the addition of AmeriServ Financial to your portfolios can decrease your overall portfolio volatility.

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