AXIS Tangible Asset Value vs Free Cash Flow Analysis
| AXS Stock | USD 62.58 0.33 0.53% |
AXIS Capital financial indicator trend analysis is way more than just evaluating AXIS Capital Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXIS Capital Holdings is a good investment. Please check the relationship between AXIS Capital Tangible Asset Value and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Tangible Asset Value vs Free Cash Flow
Tangible Asset Value vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXIS Capital Holdings Tangible Asset Value account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.
The correlation between AXIS Capital's Tangible Asset Value and Free Cash Flow is 0.0. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of AXIS Capital Holdings, assuming nothing else is changed. The correlation between historical values of AXIS Capital's Tangible Asset Value and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Asset Value of AXIS Capital Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Tangible Asset Value i.e., AXIS Capital's Tangible Asset Value and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.0 |
| Relationship Direction | Flat |
| Relationship Strength | Insignificant |
Tangible Asset Value
The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from AXIS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXIS Capital Holdings 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 AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. At this time, AXIS Capital's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 100.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.3B | 5.1B | 5.6B | 4.1B | Total Revenue | 5.3B | 5.1B | 5.6B | 4.1B |
AXIS Capital fundamental ratios Correlations
Click cells to compare fundamentals
AXIS Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AXIS Capital fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 25.6B | 25.9B | 27.4B | 27.6B | 28.3B | 20.2B | |
| Total Stockholder Equity | 5.5B | 5.3B | 5.4B | 4.6B | 5.3B | 5.4B | |
| Other Liab | 10.9B | 1.4B | 1.8B | 12.9B | 14.8B | 15.6B | |
| Retained Earnings | 6.1B | 5.8B | 6.2B | 6.2B | 6.4B | 4.7B | |
| Accounts Payable | 1.3B | 1.1B | 1.3B | 1.5B | 1.8B | 1.9B | |
| Cash | 1.2B | 902.8M | 844.6M | 751.4M | 1.4B | 1.3B | |
| Non Current Assets Total | 13.5B | 13.3B | 14.0B | 13.1B | 16.5B | 17.4B | |
| Non Currrent Assets Other | (13.5B) | (13.3B) | (14.0B) | (13.1B) | (441.0M) | (463.1M) | |
| Other Assets | (9.1B) | (8.2B) | (8.2B) | (6.9B) | (6.2B) | (5.9B) | |
| Net Receivables | 7.4B | 7.7B | 8.4B | 9.2B | 10.1B | 10.6B | |
| Common Stock Shares Outstanding | 84.5M | 84.3M | 85.3M | 85.7M | 86.0M | 96.2M | |
| Short Term Investments | 12.5B | 12.2B | 12.3B | 11.4B | 17.2M | 16.4M | |
| Liabilities And Stockholders Equity | 25.6B | 25.9B | 27.4B | 27.6B | 28.3B | 20.2B | |
| Other Stockholder Equity | (1.5B) | (1.4B) | (1.4B) | (1.4B) | (1.4B) | (1.3B) | |
| Total Liab | 20.1B | 20.6B | 22.0B | 23.0B | 23.1B | 14.8B | |
| Total Current Assets | 21.1B | 20.8B | 21.5B | 21.4B | 11.8B | 16.4B | |
| Intangible Assets | 230.6M | 219.6M | 208.7M | 197.8M | 186.9M | 115.3M | |
| Other Current Liab | (1.3B) | (1.1B) | (1.3B) | (102.6M) | 16.4B | 17.3B | |
| Total Current Liabilities | 1.3B | 1.1B | 1.3B | 1.5B | 18.3B | 10.3B | |
| Net Debt | 682.6M | 547.1M | 585.9M | 744.9M | 138.6M | 145.6M | |
| Cash And Short Term Investments | 13.7B | 13.1B | 13.2B | 12.1B | 5.3B | 8.8B | |
| Other Current Assets | 9.0B | 9.4B | 9.7B | 10.5B | 11.8B | 12.4B | |
| Accumulated Other Comprehensive Income | 171.7M | 414.4M | 56.5M | (760.3M) | (365.8M) | (347.5M) | |
| Short Long Term Debt Total | 1.9B | 1.4B | 1.4B | 1.5B | 1.5B | 1.1B | |
| Long Term Debt | 1.8B | 1.3B | 1.3B | 1.3B | 1.4B | 1.1B | |
| Non Current Liabilities Total | 1.9B | 1.4B | 1.4B | 1.5B | 4.8B | 5.1B | |
| Treasury Stock | (3.8B) | (3.8B) | (3.8B) | (3.7B) | (3.4B) | (3.5B) | |
| Inventory | (9.0B) | (9.4B) | (9.7B) | (10.5B) | (15.4B) | (14.6B) | |
| Net Tangible Assets | 4.4B | 4.4B | 4.6B | 3.8B | 3.4B | 3.7B | |
| Retained Earnings Total Equity | 5.9B | 6.1B | 5.8B | 6.2B | 7.1B | 5.7B | |
| Long Term Debt Total | 1.8B | 1.3B | 1.3B | 1.3B | 1.5B | 1.3B | |
| Capital Surpluse | 2.3B | 2.3B | 2.3B | 2.4B | 2.7B | 2.5B | |
| Long Term Investments | 14.4B | 14.3B | 13.6B | 12.7B | 13.7B | 15.0B | |
| Non Current Liabilities Other | 17.6B | 18.2B | 19.2B | 20.6B | 23.7B | 16.8B |
AXIS Capital Investors Sentiment
The influence of AXIS Capital's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AXIS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AXIS Capital's public news can be used to forecast risks associated with an investment in AXIS. The trend in average sentiment can be used to explain how an investor holding AXIS can time the market purely based on public headlines and social activities around AXIS Capital Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AXIS Capital's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AXIS Capital's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AXIS Capital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AXIS Capital.
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 AXIS Capital 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, AXIS Capital's short interest history, or implied volatility extrapolated from AXIS Capital options trading.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for AXIS Stock analysis
When running AXIS Capital's price analysis, check to measure AXIS Capital'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 AXIS Capital is operating at the current time. Most of AXIS Capital's value examination focuses on studying past and present price action to predict the probability of AXIS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AXIS Capital's price. Additionally, you may evaluate how the addition of AXIS Capital to your portfolios can decrease your overall portfolio volatility.
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Is AXIS Capital'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 AXIS Capital. If investors know AXIS 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 AXIS Capital 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 4.226 | Dividend Share 1.76 | Earnings Share 4.02 | Revenue Per Share 66.282 | Quarterly Revenue Growth 0.023 |
The market value of AXIS Capital Holdings is measured differently than its book value, which is the value of AXIS that is recorded on the company's balance sheet. Investors also form their own opinion of AXIS Capital's value that differs from its market value or its book value, called intrinsic value, which is AXIS Capital'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 AXIS Capital's market value can be influenced by many factors that don't directly affect AXIS Capital'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 AXIS Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXIS Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXIS Capital'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.