Asbury Cash And Short Term Investments from 2010 to 2024

ABG Stock  USD 228.08  6.68  2.85%   
Asbury Automotive's Cash And Short Term Investments are increasing over the last several years with slightly volatile swings. Cash And Short Term Investments are estimated to finish at about 56.8 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2002-03-31
Previous Quarter
45.7 M
Current Value
35.9 M
Quarterly Volatility
96 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Asbury Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asbury main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.7 M, Interest Expense of 174 M or Selling General Administrative of 1.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0701 or PTB Ratio of 2.14. Asbury financial statements analysis is a perfect complement when working with Asbury Automotive Valuation or Volatility modules.
  
This module can also supplement Asbury Automotive's financial leverage analysis and stock options assessment as well as various Asbury Automotive Technical models . Check out the analysis of Asbury Automotive Correlation against competitors.

Latest Asbury Automotive's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Asbury Automotive Group over the last few years. Short Term Investments is an account in the current assets section of Asbury Automotive balance sheet. This account contains Asbury Automotive investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Asbury Automotive Group fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Asbury Automotive's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asbury Automotive's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Asbury Cash And Short Term Investments Regression Statistics

Arithmetic Mean42,870,713
Geometric Mean11,946,609
Coefficient Of Variation171.34
Mean Deviation50,494,284
Median6,200,000
Standard Deviation73,456,256
Sample Variance5395.8T
Range239.3M
R-Value0.45
Mean Square Error4611T
R-Squared0.21
Significance0.09
Slope7,463,717
Total Sum of Squares75541.5T

Asbury Cash And Short Term Investments History

202456.8 M
202345.7 M
2022240.7 M
2021189.4 M
20201.4 M
20193.5 M
20188.3 M

About Asbury Automotive Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Asbury Automotive income statement, its balance sheet, and the statement of cash flows. Asbury Automotive investors use historical funamental indicators, such as Asbury Automotive's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Asbury Automotive investors may use each financial statement separately, they are all related. The changes in Asbury Automotive's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Asbury Automotive's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Asbury Automotive Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Asbury Automotive. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments45.7 M56.8 M

Currently Active Assets on Macroaxis

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Check out the analysis of Asbury Automotive Correlation against competitors.
Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Asbury Automotive's price analysis, check to measure Asbury Automotive'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 Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Asbury Automotive'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 Asbury Automotive. If investors know Asbury 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 Asbury Automotive 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
(0.14)
Earnings Share
27.58
Revenue Per Share
749.531
Quarterly Revenue Growth
0.173
Return On Assets
0.0724
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive'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 Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive'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 Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive'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.