Acco Change To Inventory vs Depreciation Analysis
ACCO Stock | USD 5.01 0.02 0.40% |
Acco Brands financial indicator trend analysis is way more than just evaluating Acco Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acco Brands is a good investment. Please check the relationship between Acco Brands Change To Inventory and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco 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 main economic indicators. To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.
Change To Inventory vs Depreciation
Change To Inventory vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acco Brands Change To Inventory account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Acco Brands' Change To Inventory and Depreciation is -0.18. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Depreciation in the same time period over historical financial statements of Acco Brands, assuming nothing else is changed. The correlation between historical values of Acco Brands' Change To Inventory and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Acco Brands are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Inventory i.e., Acco Brands' Change To Inventory and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Depreciation
Depreciation indicates how much of Acco Brands value has been used up. For tax purposes Acco Brands can deduct the cost of the tangible assets it purchases as business expenses. However, Acco Brands must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Acco Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acco 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 Acco 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 main economic indicators. To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.At this time, Acco Brands' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 23rd of May 2024, Enterprise Value Multiple is likely to grow to 8.03, while Selling General Administrative is likely to drop about 331 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 614.9M | 552.3M | 598.3M | 488.7M | Total Revenue | 2.0B | 1.9B | 1.8B | 1.5B |
Acco Brands fundamental ratios Correlations
Click cells to compare fundamentals
Acco Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acco Brands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8B | 3.0B | 3.1B | 2.8B | 2.6B | 1.8B | |
Short Long Term Debt Total | 922M | 1.2B | 1.1B | 1.1B | 1.0B | 737.4M | |
Other Current Liab | 139.9M | 145.2M | 174.7M | 152.4M | 143.8M | 116.0M | |
Total Current Liabilities | 588.8M | 556.9M | 708.6M | 589M | 542M | 386.8M | |
Total Stockholder Equity | 773.7M | 742.7M | 864.8M | 810.1M | 787M | 413.6M | |
Property Plant And Equipment Net | 369M | 330.6M | 319.8M | 273.9M | 261.1M | 211.8M | |
Current Deferred Revenue | 157.3M | 148.2M | 132.4M | 158.3M | 115.9M | 136.0M | |
Net Debt | 894.2M | 1.2B | 1.1B | 1.0B | 949.8M | 692.4M | |
Retained Earnings | (574.2M) | (537.3M) | (462M) | (504.4M) | (556M) | (583.8M) | |
Accounts Payable | 245.7M | 180.2M | 308.2M | 239.5M | 183.7M | 142.9M | |
Cash | 27.8M | 36.6M | 41.2M | 62.2M | 66.4M | 44.9M | |
Non Current Assets Total | 2.0B | 2.3B | 2.2B | 1.9B | 1.8B | 1.1B | |
Non Currrent Assets Other | 17.4M | 16.9M | 15.8M | 15.4M | 14.7M | 14.0M | |
Cash And Short Term Investments | 27.8M | 36.6M | 41.2M | 62.2M | 66.4M | 44.9M | |
Net Receivables | 453.7M | 356M | 416.1M | 384.1M | 430.7M | 326.2M | |
Good Will | 718.6M | 827.4M | 802.5M | 671.5M | 590M | 450.5M | |
Liabilities And Stockholders Equity | 2.8B | 3.0B | 3.1B | 2.8B | 2.6B | 1.8B | |
Non Current Liabilities Total | 1.4B | 1.7B | 1.5B | 1.4B | 1.3B | 957.4M | |
Inventory | 283.3M | 305.1M | 428M | 395.2M | 327.5M | 235.0M | |
Other Current Assets | 41.2M | 30.5M | 39.6M | 40.8M | 30.8M | 27.2M | |
Other Stockholder Equity | 1.9B | 1.8B | 1.9B | 1.9B | 1.9B | 1.2B | |
Total Liab | 2.0B | 2.3B | 2.2B | 2.0B | 1.9B | 1.3B | |
Property Plant And Equipment Gross | 369M | 330.6M | 656.4M | 589.2M | 690.6M | 725.1M | |
Total Current Assets | 806M | 728.2M | 924.9M | 882.3M | 855.4M | 651.6M | |
Accumulated Other Comprehensive Income | (505.7M) | (564.2M) | (535.5M) | (540.3M) | (526.3M) | (500.0M) | |
Short Term Debt | 55M | 99.1M | 67.4M | 81.2M | 57.2M | 58.7M | |
Other Liab | 559.1M | 618M | 474.8M | 383.9M | 441.5M | 282.4M | |
Other Assets | 136.4M | 185.5M | 141.9M | 120M | 138M | 134.6M | |
Intangible Assets | 758.6M | 977M | 902.2M | 847M | 815.7M | 564.5M | |
Property Plant Equipment | 267.1M | 241.4M | 319.8M | 185.1M | 212.9M | 243.9M | |
Long Term Debt | 777.2M | 1.1B | 954.1M | 936.5M | 882.2M | 910.2M | |
Treasury Stock | (38.2M) | (39.9M) | (40.9M) | (43.4M) | (39.1M) | (37.1M) | |
Net Tangible Assets | (703.5M) | (1.1B) | (839.9M) | (708.4M) | (637.6M) | (669.4M) | |
Retained Earnings Total Equity | (574.2M) | (537.3M) | (462M) | (504.4M) | (580.1M) | (609.1M) | |
Long Term Debt Total | 777.2M | 1.1B | 954.1M | 936.5M | 1.1B | 940.7M | |
Capital Surpluse | 1.9B | 1.9B | 1.9B | 1.9B | 2.2B | 2.1B | |
Deferred Long Term Liab | 177.5M | 170.6M | 145.2M | 144.1M | 165.7M | 171.6M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco 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 main economic indicators. To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.Note that the Acco Brands information on this page should be used as a complementary analysis to other Acco Brands' 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Acco Stock analysis
When running Acco Brands' price analysis, check to measure Acco Brands' 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 Acco Brands is operating at the current time. Most of Acco Brands' value examination focuses on studying past and present price action to predict the probability of Acco Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acco Brands' price. Additionally, you may evaluate how the addition of Acco Brands to your portfolios can decrease your overall portfolio volatility.
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |
Is Acco 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 Acco Brands. If investors know Acco 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 Acco 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 (0.33) | Dividend Share 0.3 | Earnings Share (0.26) | Revenue Per Share 18.734 | Quarterly Revenue Growth (0.11) |
The market value of Acco Brands is measured differently than its book value, which is the value of Acco that is recorded on the company's balance sheet. Investors also form their own opinion of Acco Brands' value that differs from its market value or its book value, called intrinsic value, which is Acco 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 Acco Brands' market value can be influenced by many factors that don't directly affect Acco 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 Acco Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acco Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acco 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.