Aarons Net Income Per Share vs Net Income Analysis
AAN Stock | USD 7.45 0.02 0.27% |
Aarons financial indicator trend analysis is way more than just evaluating Aarons prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aarons is a good investment. Please check the relationship between Aarons Net Income Per Share and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Aarons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Net Income Per Share vs Net Income
Net Income Per Share vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aarons Net Income Per Share account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aarons' Net Income Per Share and Net Income is 0.94. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Net Income in the same time period over historical financial statements of The Aarons, assuming nothing else is changed. The correlation between historical values of Aarons' Net Income Per Share and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of The Aarons are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per Share i.e., Aarons' Net Income Per Share and Net Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income Per Share
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Aarons financial statement analysis. It represents the amount of money remaining after all of The Aarons operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Aarons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aarons 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 The Aarons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Aarons' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 11th of May 2024, Enterprise Value is likely to grow to about 2.2 B, while Selling General Administrative is likely to drop about 603.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.2B | 1.1B | 1.2B | Total Revenue | 1.8B | 2.2B | 2.1B | 1.6B |
Aarons fundamental ratios Correlations
Click cells to compare fundamentals
Aarons Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aarons fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 1.4B | 1.4B | 1.9B | 1.8B | 1.3B | |
Short Long Term Debt Total | 676.8M | 279.8M | 319.8M | 738.8M | 696.7M | 731.5M | |
Total Current Liabilities | 268.3M | 299.7M | 311.0M | 337.2M | 450.2M | 249.9M | |
Total Stockholder Equity | 837.8M | 711.3M | 718.2M | 695.4M | 686.1M | 732.7M | |
Net Debt | 628.1M | 203.7M | 297.0M | 711.1M | 637.6M | 669.5M | |
Retained Earnings | 2.0B | 1.9M | 98.5M | 79.1M | 66.2M | 62.9M | |
Accounts Payable | 80.2M | 230.8M | 83.1M | 107.0M | 134.2M | 131.4M | |
Cash | 48.8M | 76.1M | 22.8M | 27.7M | 59.0M | 50.5M | |
Non Current Assets Total | 1.0B | 455.1M | 527.2M | 997.1M | 990.5M | 574.7M | |
Non Currrent Assets Other | 23.4M | 48.0M | 61.8M | 78.6M | 65.2M | 61.9M | |
Cash And Short Term Investments | 48.8M | 76.1M | 22.8M | 27.7M | 59.0M | 54.1M | |
Net Receivables | 43.0M | 35.1M | 33.0M | 43.9M | 50.1M | 67.8M | |
Common Stock Shares Outstanding | 34.2M | 33.9M | 33.7M | 30.9M | 31.1M | 51.3M | |
Liabilities And Stockholders Equity | 1.9B | 1.4B | 1.4B | 1.9B | 1.8B | 1.3B | |
Non Current Liabilities Total | 834.3M | 342.4M | 412.1M | 825.8M | 690.3M | 348.6M | |
Other Stockholder Equity | (19K) | 692.7M | 602.6M | 599.7M | 603.0M | 633.1M | |
Total Liab | 1.1B | 642.1M | 723.1M | 1.2B | 1.1B | 1.2B | |
Total Current Assets | 938.9M | 898.3M | 914.0M | 861.4M | 836.1M | 771.6M | |
Accumulated Other Comprehensive Income | (19K) | (797K) | (739K) | (1.4M) | (1.4M) | (1.4M) | |
Other Current Liab | (46.3M) | (95.2M) | 151.6M | 22.0M | 241.2M | 253.3M | |
Current Deferred Revenue | 47.7M | 68.9M | 66.3M | 73.2M | 68.4M | 58.1M | |
Common Stock | 837.8M | 17.6M | 17.8M | 18.1M | 18.3M | 17.4M | |
Other Liab | 205.1M | 131.5M | 158.6M | 160.2M | 184.2M | 118.2M | |
Other Assets | 26.9M | 27.1M | 2.0B | 708.9M | 152.1M | 144.5M | |
Long Term Debt | 338.4M | 831K | 10M | 242.4M | 187.6M | 191.8M | |
Treasury Stock | (567.8M) | (627.9M) | (16.0M) | (121.8M) | (109.6M) | (115.1M) | |
Property Plant Equipment | 462.4M | 391.2M | 509.0M | 1.4B | 1.6B | 1.7B | |
Good Will | 447.8M | 7.6M | 13.1M | 54.7M | 55.8M | 53.0M | |
Other Current Assets | 65.5M | 89.9M | 86M | 22.1M | 14.5M | 13.8M | |
Intangible Assets | 14.2M | 9.1M | 5.1M | 118.5M | 108.2M | 84.8M | |
Inventory | 781.6M | 697.2M | 772.2M | 789.8M | 712.4M | 903.1M | |
Net Tangible Assets | 325.6M | 647.4M | 699.9M | 472.5M | 425.2M | 526.0M | |
Capital Surpluse | 290.2M | 708.7M | 724.4M | 738.4M | 849.2M | 891.7M | |
Short Term Debt | 186.7M | 95.2M | 10M | 135.1M | 6.4M | 6.1M | |
Short Long Term Debt | 83.8M | 81.2M | 10M | 23.5M | 6.4M | 6.1M |
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 Aarons 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, Aarons' short interest history, or implied volatility extrapolated from Aarons options trading.
Pair Trading with Aarons
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 Aarons 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 Aarons will appreciate offsetting losses from the drop in the long position's value.Moving together with Aarons Stock
0.69 | LL | LL Flooring Holdings | PairCorr |
Moving against Aarons Stock
0.63 | AMZN | Amazon Inc | PairCorr |
0.63 | ARHS | Arhaus Inc Buyout Trend | PairCorr |
0.54 | LOW | Lowes Companies Financial Report 28th of May 2024 | PairCorr |
0.52 | AEO | American Eagle Outfitters Financial Report 22nd of May 2024 | PairCorr |
0.45 | TTSH | Tile Shop Holdings | PairCorr |
The ability to find closely correlated positions to Aarons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aarons 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 Aarons - 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 The Aarons to buy it.
The correlation of Aarons 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 Aarons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aarons 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 Aarons 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Aarons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Aarons information on this page should be used as a complementary analysis to other Aarons' 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Aarons Stock analysis
When running Aarons' price analysis, check to measure Aarons' 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 Aarons is operating at the current time. Most of Aarons' value examination focuses on studying past and present price action to predict the probability of Aarons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aarons' price. Additionally, you may evaluate how the addition of Aarons to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
Is Aarons' 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 Aarons. If investors know Aarons 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 Aarons 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 (0.40) | Dividend Share 0.5 | Earnings Share (0.79) | Revenue Per Share 68.268 | Quarterly Revenue Growth (0.08) |
The market value of Aarons is measured differently than its book value, which is the value of Aarons that is recorded on the company's balance sheet. Investors also form their own opinion of Aarons' value that differs from its market value or its book value, called intrinsic value, which is Aarons' 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 Aarons' market value can be influenced by many factors that don't directly affect Aarons' 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 Aarons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aarons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aarons' 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.