Acuity Gross Margin vs Operating Margin Analysis

AYI Stock  USD 268.06  0.47  0.18%   
Trend analysis of Acuity Brands balance sheet accounts such as Other Current Liab of 198.8 M, Total Current Liabilities of 547.4 M or Total Stockholder Equity of 1.2 B provides information on Acuity Brands' total assets, liabilities, and equity, which is the actual value of Acuity Brands to its prevalent stockholders. By breaking down trends over time using Acuity Brands 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, which includes a position in Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.

About Acuity Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Acuity Brands at a specified time, usually calculated after every quarter, six months, or one year. Acuity Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Acuity Brands 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 Acuity currently owns. An asset can also be divided into two categories, current and non-current.

Acuity Brands Balance Sheet Chart

Acuity Brands 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 Acuity Brands uses and utilizes its capital. It also shows what exactly a company owns and owes.
As of now, Acuity Brands' Common Stock Shares Outstanding is decreasing as compared to previous years. The Acuity Brands' current Property Plant And Equipment Gross is estimated to increase to about 1.3 B, while Total Assets are projected to decrease to under 2.3 B.

Total Assets

Total assets refers to the total amount of Acuity Brands 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 Acuity Brands 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 Acuity Brands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Acuity Brands 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Acuity Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acuity Brands 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 Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.As of now, Acuity Brands' Selling General Administrative is increasing as compared to previous years. The Acuity Brands' current Enterprise Value Multiple is estimated to increase to 8.46, while Tax Provision is projected to decrease to under 88.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.7B1.7B2.0B1.2B
Total Revenue4.0B4.0B4.5B2.9B

Acuity Brands fundamental ratios Correlations

0.960.870.990.960.710.320.510.650.980.850.730.950.710.780.130.78-0.52-0.170.970.260.310.9-0.570.9-0.69
0.960.850.940.90.640.330.60.730.940.820.760.940.60.750.160.75-0.58-0.150.920.270.320.87-0.650.9-0.73
0.870.850.830.860.770.040.460.540.850.910.590.920.750.840.230.84-0.250.080.860.150.030.96-0.450.75-0.56
0.990.940.830.950.730.390.430.570.970.80.680.90.650.740.030.73-0.57-0.270.950.280.390.87-0.510.86-0.64
0.960.90.860.950.670.210.510.630.960.860.750.940.750.80.180.8-0.44-0.070.960.190.210.88-0.560.9-0.67
0.710.640.770.730.670.220.140.140.710.660.240.620.320.46-0.340.45-0.46-0.30.660.150.210.83-0.050.43-0.3
0.320.330.040.390.210.22-0.040.010.19-0.150.220.12-0.24-0.18-0.38-0.19-0.45-0.940.13-0.121.00.040.070.180.0
0.510.60.460.430.510.14-0.040.870.510.580.740.650.430.470.360.46-0.480.240.540.39-0.040.44-0.920.74-0.91
0.650.730.540.570.630.140.010.870.640.690.790.780.570.590.570.58-0.340.270.680.240.010.52-0.890.89-0.81
0.980.940.850.970.960.710.190.510.640.870.680.930.720.80.110.8-0.54-0.070.990.30.180.9-0.590.89-0.7
0.850.820.910.80.860.66-0.150.580.690.870.690.930.80.840.370.83-0.260.280.890.27-0.160.92-0.620.83-0.72
0.730.760.590.680.750.240.220.740.790.680.690.790.570.530.410.53-0.330.020.70.160.220.57-0.770.86-0.78
0.950.940.920.90.940.620.120.650.780.930.930.790.80.840.350.84-0.370.080.950.190.110.9-0.680.94-0.74
0.710.60.750.650.750.32-0.240.430.570.720.80.570.80.880.560.880.040.420.790.14-0.250.68-0.540.73-0.54
0.780.750.840.740.80.46-0.180.470.590.80.840.530.840.880.371.0-0.20.320.840.41-0.180.84-0.590.73-0.6
0.130.160.230.030.18-0.34-0.380.360.570.110.370.410.350.560.370.380.510.660.2-0.26-0.390.09-0.380.4-0.23
0.780.750.840.730.80.45-0.190.460.580.80.830.530.840.881.00.38-0.180.330.840.41-0.190.84-0.590.73-0.6
-0.52-0.58-0.25-0.57-0.44-0.46-0.45-0.48-0.34-0.54-0.26-0.33-0.370.04-0.20.51-0.180.48-0.49-0.6-0.45-0.40.5-0.450.63
-0.17-0.150.08-0.27-0.07-0.3-0.940.240.27-0.070.280.020.080.420.320.660.330.480.010.08-0.940.03-0.290.05-0.16
0.970.920.860.950.960.660.130.540.680.990.890.70.950.790.840.20.84-0.490.010.30.130.89-0.630.91-0.73
0.260.270.150.280.190.15-0.120.390.240.30.270.160.190.140.41-0.260.41-0.60.080.3-0.110.34-0.520.21-0.54
0.310.320.030.390.210.211.0-0.040.010.18-0.160.220.11-0.25-0.18-0.39-0.19-0.45-0.940.13-0.110.040.070.180.0
0.90.870.960.870.880.830.040.440.520.90.920.570.90.680.840.090.84-0.40.030.890.340.04-0.460.74-0.6
-0.57-0.65-0.45-0.51-0.56-0.050.07-0.92-0.89-0.59-0.62-0.77-0.68-0.54-0.59-0.38-0.590.5-0.29-0.63-0.520.07-0.46-0.790.94
0.90.90.750.860.90.430.180.740.890.890.830.860.940.730.730.40.73-0.450.050.910.210.180.74-0.79-0.82
-0.69-0.73-0.56-0.64-0.67-0.30.0-0.91-0.81-0.7-0.72-0.78-0.74-0.54-0.6-0.23-0.60.63-0.16-0.73-0.540.0-0.60.94-0.82
Click cells to compare fundamentals

Acuity Brands Account Relationship Matchups

Acuity Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.6B3.5B3.4B3.9B2.3B
Other Current Liab261.4M277.1M306.4M309.7M356.2M198.8M
Total Current Liabilities617.6M692.2M733.6M595.4M684.7M547.4M
Total Stockholder Equity2.1B2.0B1.9B2.0B2.3B1.2B
Other Liab313M344.1M336.5M302.1M347.4M191.8M
Accounts Payable326.5M391.5M397.8M285.7M328.6M288.4M
Cash560.7M491.3M223.2M397.9M457.6M278.2M
Other Assets26.2M1.8B1.7B1.7B2.0B2.1B
Long Term Debt376.8M494.3M495M495.6M569.9M398.0M
Good Will1.1B1.1B1.1B1.1B1.3B692.7M
Inventory320.1M398.7M485.7M368.5M423.8M278.5M
Other Current Assets58.6M82.5M91.2M73.5M84.5M56.2M
Total Liab1.4B1.5B1.6B1.4B1.6B1.2B
Intangible Assets605.9M573.2M529.2M481.2M553.4M386.7M
Property Plant Equipment270.5M269.1M276.5M297.6M342.2M241.2M
Short Long Term Debt Total401.1M494.3M513M495.6M446.0M318.4M
Property Plant And Equipment Net270.5M269.1M276.5M297.6M342.2M240.0M
Net Debt(159.6M)3M289.8M97.7M87.9M107.3M
Non Current Assets Total2.1B2.0B2.0B2.0B2.3B1.3B
Non Currrent Assets Other86.9M86.6M111M1.7B2.0B2.1B
Cash And Short Term Investments560.7M491.3M223.2M397.9M457.6M290.2M
Net Receivables500.3M571.8M665.9M555.3M638.6M448.9M
Common Stock Shares Outstanding39.6M36.6M34.6M32.2M28.9M33.1M
Liabilities And Stockholders Equity3.5B3.6B3.5B3.4B3.9B2.4B
Non Current Liabilities Total746.6M838.4M831.5M797.7M917.4M613.1M
Other Stockholder Equity(263.6M)(668.1M)(1.1B)(1.4B)(1.2B)(1.2B)
Property Plant And Equipment Gross333.9M269M276.5M1.0B1.2B1.3B
Total Current Assets1.4B1.5B1.5B1.4B1.6B1.1B
Accumulated Other Comprehensive Income(132.7M)(98.2M)(125.8M)(112.6M)(101.3M)(106.4M)
Short Term Debt24.3M15.9M18M19.7M17.7M16.8M
Retained Earnings2.5B2.8B3.2B3.5B4.0B4.2B
Treasury Stock(1.2B)(1.2B)(1.7B)(2.2B)(2.0B)(1.9B)
Net Tangible Assets441.6M2.0B1.9B2.0B2.3B2.4B
Retained Earnings Total Equity2.3B2.5B2.8B3.2B3.7B3.8B
Long Term Debt Total376.8M494.3M495M495.6M569.9M426.8M
Capital Surpluse963.6M995.6M1.0B1.1B1.2B957.3M
Deferred Long Term Liab94.9M12.9M13.3M29.9M26.9M46.5M

Pair Trading with Acuity Brands

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 Acuity Brands 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 Acuity Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acuity Stock

  0.8ADSEW ADS-TEC ENERGY PLCPairCorr

Moving against Acuity Stock

  0.91MVST Microvast Holdings Financial Report 14th of May 2024 PairCorr
  0.84BE Bloom Energy Corp Financial Report 14th of May 2024 PairCorr
  0.84KE Kimball Electronics Financial Report 2nd of May 2024 PairCorr
  0.84ENVX Enovix Corp Financial Report 24th of April 2024 PairCorr
  0.84EPOW Sunrise New Energy Report 21st of May 2024 PairCorr
The ability to find closely correlated positions to Acuity Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acuity Brands 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 Acuity Brands - 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 Acuity Brands to buy it.
The correlation of Acuity Brands 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 Acuity Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acuity Brands 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 Acuity Brands 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
When determining whether Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' 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 Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Acuity Brands' 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 Acuity Brands. If investors know Acuity 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 Acuity Brands 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
0.402
Dividend Share
0.52
Earnings Share
11.67
Revenue Per Share
123.538
Quarterly Revenue Growth
(0.06)
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.