Armstrong Cash And Short Term Investments from 2010 to 2024

AWI Stock  USD 114.88  3.97  3.34%   
Armstrong World's Cash And Short Term Investments are decreasing with slightly volatile movements from year to year. Cash And Short Term Investments are predicted to flatten to about 67.3 M. 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
2001-12-31
Previous Quarter
70.8 M
Current Value
69.6 M
Quarterly Volatility
169.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Armstrong World financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Armstrong main balance sheet or income statement drivers, such as Depreciation And Amortization of 126.5 M, Interest Expense of 49.1 M or Selling General Administrative of 320.1 M, as well as many exotic indicators such as Price To Sales Ratio of 3.56, Dividend Yield of 0.0101 or PTB Ratio of 7.8. Armstrong financial statements analysis is a perfect complement when working with Armstrong World Valuation or Volatility modules.
  
This module can also supplement Armstrong World's financial leverage analysis and stock options assessment as well as various Armstrong World Technical models . Check out the analysis of Armstrong World Correlation against competitors.

Latest Armstrong World's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Armstrong World Industries over the last few years. Short Term Investments is an account in the current assets section of Armstrong World Indu balance sheet. This account contains Armstrong World investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Armstrong World Industries 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. Armstrong World's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Armstrong World'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  

Armstrong Cash And Short Term Investments Regression Statistics

Arithmetic Mean169,770,667
Geometric Mean124,588,968
Coefficient Of Variation75.12
Mean Deviation96,566,222
Median136,900,000
Standard Deviation127,528,716
Sample Variance16263.6T
Range468.6M
R-Value(0.47)
Mean Square Error13682.8T
R-Squared0.22
Significance0.08
Slope(13,338,143)
Total Sum of Squares227690T

Armstrong Cash And Short Term Investments History

202467.3 M
202370.8 M
2022106 M
202198.1 M
2020136.9 M
201945.3 M
2018325.7 M

About Armstrong World Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Armstrong World income statement, its balance sheet, and the statement of cash flows. Armstrong World investors use historical funamental indicators, such as Armstrong World's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Armstrong World investors may use each financial statement separately, they are all related. The changes in Armstrong World's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Armstrong World'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 Armstrong World Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Armstrong World. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments70.8 M67.3 M

Pair Trading with Armstrong World

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 Armstrong World 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 Armstrong World will appreciate offsetting losses from the drop in the long position's value.

Moving together with Armstrong Stock

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The ability to find closely correlated positions to Armstrong World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armstrong World 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 Armstrong World - 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 Armstrong World Industries to buy it.
The correlation of Armstrong World 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 Armstrong World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armstrong World Indu 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 Armstrong World 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 Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World's 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 Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:
Check out the analysis of Armstrong World Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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Is Armstrong World'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 Armstrong World. If investors know Armstrong 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 Armstrong World 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
(0.01)
Dividend Share
1.068
Earnings Share
4.99
Revenue Per Share
28.975
Quarterly Revenue Growth
0.026
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.