Astec Sales per Share vs Consolidated Income Analysis

Trend analysis of Astec Industries balance sheet accounts such as Short Long Term Debt Total of 87.3 M, Other Current Liabilities of 105.8 M or Total Current Liabilities of 313.9 M provides information on Astec Industries' total assets, liabilities, and equity, which is the actual value of Astec Industries to its prevalent stockholders. By breaking down trends over time using Astec Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

About Astec Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Astec Industries at a specified time, usually calculated after every quarter, six months, or one year. Astec Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Astec Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Astec currently owns. An asset can also be divided into two categories, current and non-current.

Astec Industries Balance Sheet Chart

Astec Industries Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Astec Industries uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Astec Industries' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 105.8 M, whereas Property Plant And Equipment Net is forecasted to decline to about 124 M.

Total Assets

Total assets refers to the total amount of Astec Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Astec Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Astec Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Astec Industries 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.
Most indicators from Astec Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Astec Industries 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At present, Astec Industries' Enterprise Value Multiple is projected to slightly grow based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M2.5M8.9M9.3M
Depreciation And Amortization28.2M27.9M25.6M15.3M

Astec Industries fundamental ratios Correlations

0.460.830.90.730.73-0.020.960.350.80.550.360.960.840.670.910.420.790.850.81.0-0.050.620.820.860.86
0.460.530.72-0.11-0.060.710.21-0.250.170.81-0.240.590.020.950.490.28-0.030.820.660.450.21-0.150.810.410.41
0.830.530.840.470.430.050.770.30.60.670.340.870.540.680.680.50.480.820.780.82-0.360.430.790.690.69
0.90.720.840.430.420.190.760.250.610.810.260.970.540.850.80.490.490.980.950.90.140.350.980.770.77
0.73-0.110.470.430.95-0.370.840.490.94-0.020.50.60.920.130.630.360.960.340.330.73-0.230.760.290.650.64
0.73-0.060.430.420.95-0.260.80.340.9-0.050.350.590.960.190.680.260.970.350.30.72-0.220.770.280.690.68
-0.020.710.050.19-0.37-0.26-0.22-0.85-0.180.29-0.840.08-0.280.560.24-0.05-0.290.320.13-0.030.06-0.540.320.080.08
0.960.210.770.760.840.8-0.220.450.840.350.460.880.90.440.840.410.860.680.640.95-0.140.740.640.790.79
0.35-0.250.30.250.490.34-0.850.450.430.160.990.320.38-0.080.00.350.40.150.280.350.070.620.130.180.17
0.80.170.60.610.940.9-0.180.840.430.210.440.750.860.390.670.550.880.550.480.79-0.120.720.490.710.71
0.550.810.670.81-0.02-0.050.290.350.160.210.160.680.080.810.450.340.050.840.80.550.27-0.020.840.530.53
0.36-0.240.340.260.50.35-0.840.460.990.440.160.330.39-0.070.020.350.410.150.30.37-0.010.620.140.190.19
0.960.590.870.970.60.590.080.880.320.750.680.330.70.780.830.570.640.930.880.950.020.510.910.780.78
0.840.020.540.540.920.96-0.280.90.380.860.080.390.70.270.780.240.980.470.430.84-0.190.770.40.740.74
0.670.950.680.850.130.190.560.44-0.080.390.81-0.070.780.270.650.380.220.930.780.660.140.070.90.570.57
0.910.490.680.80.630.680.240.840.00.670.450.020.830.780.650.120.750.770.680.92-0.070.420.740.880.89
0.420.280.50.490.360.26-0.050.410.350.550.340.350.570.240.380.120.210.470.470.39-0.030.350.450.090.09
0.79-0.030.480.490.960.97-0.290.860.40.880.050.410.640.980.220.750.210.410.390.79-0.190.740.350.740.74
0.850.820.820.980.340.350.320.680.150.550.840.150.930.470.930.770.470.410.920.850.140.260.990.730.73
0.80.660.780.950.330.30.130.640.280.480.80.30.880.430.780.680.470.390.920.810.110.190.950.670.67
1.00.450.820.90.730.72-0.030.950.350.790.550.370.950.840.660.920.390.790.850.81-0.050.60.820.850.86
-0.050.21-0.360.14-0.23-0.220.06-0.140.07-0.120.27-0.010.02-0.190.14-0.07-0.03-0.190.140.11-0.05-0.160.17-0.02-0.02
0.62-0.150.430.350.760.77-0.540.740.620.72-0.020.620.510.770.070.420.350.740.260.190.6-0.160.190.40.4
0.820.810.790.980.290.280.320.640.130.490.840.140.910.40.90.740.450.350.990.950.820.170.190.70.7
0.860.410.690.770.650.690.080.790.180.710.530.190.780.740.570.880.090.740.730.670.85-0.020.40.71.0
0.860.410.690.770.640.680.080.790.170.710.530.190.780.740.570.890.090.740.730.670.86-0.020.40.71.0
Click cells to compare fundamentals

Astec Industries Account Relationship Matchups

Astec Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets799.8M848.2M911.3M1.0B1.1B1.1B
Short Long Term Debt Total690K400K200K87.7M83.1M87.3M
Other Current Liab73.7M81.8M78.9M87.7M100.8M105.8M
Total Current Liabilities172.9M170.3M225.3M274M299M314.0M
Total Stockholder Equity601.7M643M654.8M626.9M653.4M343.3M
Property Plant And Equipment Net182.4M172.8M171.7M173.6M187.6M124.0M
Net Debt(48.2M)(158.2M)(134.2M)21.7M23.3M24.5M
Retained Earnings508.3M545.2M552.8M527.8M549.4M576.9M
Cash48.9M158.6M134.4M66M59.8M34.0M
Non Current Assets Total286.8M282.4M269.6M318M339.8M171.6M
Non Currrent Assets Other6.9M11M8.4M29.5M38.2M40.1M
Cash And Short Term Investments50.4M162.9M143M69.9M65.5M35.4M
Net Receivables124.1M120.6M144.1M167.1M167.3M175.7M
Common Stock Shares Outstanding22.7M22.9M22.9M22.8M22.8M21.9M
Liabilities And Stockholders Equity799.8M848.2M911.3M1.0B1.1B1.1B
Non Current Liabilities Total25.2M34.9M31.2M113.5M106.6M111.9M
Inventory278.9M249.7M303M393.4M455.6M478.4M
Other Current Assets59.6M32.6M51.6M66M27.7M14.0M
Other Stockholder Equity120.6M126.8M129.9M134.7M137.6M99.6M
Total Liab198.1M205.2M256.5M387.5M405.6M425.9M
Property Plant And Equipment Gross190.4M172.8M419.7M407.4M435.7M457.5M
Total Current Assets513.0M565.8M641.7M696.4M719.5M755.5M
Accumulated Other Comprehensive Income(31.8M)(33.5M)(32.4M)(40.1M)(38.1M)(36.2M)
Short Term Debt1.3M1.6M2.7M9.6M11.1M11.7M
Intangible Assets23.5M31.2M22.7M22.5M16.4M19.2M
Accounts Payable55.1M52.7M83.5M107.2M116.9M122.7M
Common Stock Total Equity4.6M4.5M4.5M4.5M5.2M4.8M
Common Stock4.6M4.5M4.5M4.5M5.2M4.8M
Other Liab22.5M29.8M26.8M27.1M31.2M18.2M
Current Deferred Revenue42.9M34.2M60.2M69.5M70.2M66.7M
Other Assets31.0M42M18.6M50.8M58.4M61.3M
Long Term Debt690K400K200K78.1M72M75.6M
Good Will33.2M38.7M38.6M45.2M46.3M44.0M
Property Plant Equipment190.4M172.8M177.5M173.6M199.6M173.6M
Net Tangible Assets578.4M572.6M593M559.2M643.1M629.6M
Noncontrolling Interest In Consolidated Entity1.1M710K538K500K450K427.5K
Retained Earnings Total Equity508.3M545.2M552.8M527.8M607.0M532.6M
Short Term Investments1.5M4.3M8.6M3.9M5.7M3.4M
Capital Surpluse122.6M127.8M130.6M135.8M122.2M106.0M
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 Astec Industries 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, Astec Industries' short interest history, or implied volatility extrapolated from Astec Industries options trading.

Pair Trading with Astec Industries

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 Astec Industries 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 Astec Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Astec Stock

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The ability to find closely correlated positions to Astec Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astec Industries 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 Astec Industries - 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 Astec Industries to buy it.
The correlation of Astec Industries 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 Astec Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astec Industries 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 Astec Industries 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
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Other Tools for Astec Stock

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