Albertsons Non Current Assets Total vs Net Debt Analysis

ACI Stock  USD 20.62  0.28  1.34%   
Albertsons Companies financial indicator trend analysis is way more than just evaluating Albertsons Companies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Albertsons Companies is a good investment. Please check the relationship between Albertsons Companies Non Current Assets Total and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albertsons Companies. 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.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.

Non Current Assets Total vs Net Debt

Non Current Assets Total vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albertsons Companies Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Albertsons Companies' Non Current Assets Total and Net Debt is 0.91. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Albertsons Companies, assuming nothing else is changed. The correlation between historical values of Albertsons Companies' Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Albertsons Companies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Albertsons Companies' Non Current Assets Total and Net Debt go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Albertsons Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Albertsons Companies 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 Albertsons Companies. 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.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.The Albertsons Companies' current Tax Provision is estimated to increase to about 307.6 M, while Selling General Administrative is projected to decrease to under 19 B.
 2021 2022 2023 2024 (projected)
Gross Profit20.7B21.8B16.9B16.2B
Total Revenue71.9B77.6B60.9B58.0B

Albertsons Companies fundamental ratios Correlations

-0.4-0.36-0.46-0.49-0.52-0.42-0.22-0.36-0.24-0.46-0.24-0.390.14-0.31-0.29-0.3-0.31-0.350.140.02-0.37-0.28-0.42-0.60.09
-0.40.990.590.970.180.970.830.92-0.310.960.551.00.120.610.920.960.980.960.270.11.00.830.980.720.62
-0.360.990.560.970.130.980.840.92-0.350.970.491.00.020.550.930.970.980.970.20.110.990.860.950.730.59
-0.460.590.560.690.280.550.230.61-0.140.660.550.57-0.130.550.530.550.50.570.140.110.570.350.620.750.38
-0.490.970.970.690.280.980.80.88-0.210.990.530.97-0.010.590.880.920.910.930.170.060.960.860.920.860.49
-0.520.180.130.280.280.210.14-0.130.510.280.160.180.310.230.120.080.030.110.160.00.110.40.170.4-0.07
-0.420.970.980.550.980.210.860.88-0.180.970.520.980.030.580.870.920.940.920.14-0.030.970.890.920.80.45
-0.220.830.840.230.80.140.860.74-0.080.760.460.850.230.520.70.720.820.720.28-0.140.830.770.750.650.43
-0.360.920.920.610.88-0.130.880.74-0.460.850.510.91-0.050.540.840.890.940.90.240.10.940.60.90.680.63
-0.24-0.31-0.35-0.14-0.210.51-0.18-0.08-0.46-0.240.24-0.30.320.25-0.59-0.48-0.4-0.5-0.17-0.78-0.35-0.12-0.310.13-0.72
-0.460.960.970.660.990.280.970.760.85-0.240.490.96-0.070.550.90.940.910.950.070.090.950.890.910.810.47
-0.240.550.490.550.530.160.520.460.510.240.490.510.490.990.260.450.550.410.2-0.50.550.260.660.460.28
-0.391.01.00.570.970.180.980.850.91-0.30.960.510.090.570.920.960.980.960.260.10.990.860.960.740.6
0.140.120.02-0.13-0.010.310.030.23-0.050.32-0.070.490.090.49-0.070.00.14-0.050.71-0.280.10.010.21-0.140.3
-0.310.610.550.550.590.230.580.520.540.250.550.990.570.490.320.510.60.470.19-0.480.60.350.710.50.29
-0.290.920.930.530.880.120.870.70.84-0.590.90.260.92-0.070.320.960.910.980.250.450.920.820.880.580.73
-0.30.960.970.550.920.080.920.720.89-0.480.940.450.960.00.510.960.961.00.170.240.970.820.950.590.67
-0.310.980.980.50.910.030.940.820.94-0.40.910.550.980.140.60.910.960.960.30.110.990.770.970.610.68
-0.350.960.970.570.930.110.920.720.9-0.50.950.410.96-0.050.470.981.00.960.170.290.970.820.940.620.67
0.140.270.20.140.170.160.140.280.24-0.170.070.20.260.710.190.250.170.30.170.210.270.060.310.060.67
0.020.10.110.110.060.0-0.03-0.140.1-0.780.09-0.50.1-0.28-0.480.450.240.110.290.210.10.090.09-0.160.58
-0.371.00.990.570.960.110.970.830.94-0.350.950.550.990.10.60.920.970.990.970.270.10.810.970.70.64
-0.280.830.860.350.860.40.890.770.6-0.120.890.260.860.010.350.820.820.770.820.060.090.810.730.660.34
-0.420.980.950.620.920.170.920.750.9-0.310.910.660.960.210.710.880.950.970.940.310.090.970.730.640.68
-0.60.720.730.750.860.40.80.650.680.130.810.460.74-0.140.50.580.590.610.620.06-0.160.70.660.640.14
0.090.620.590.380.49-0.070.450.430.63-0.720.470.280.60.30.290.730.670.680.670.670.580.640.340.680.14
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Albertsons Companies Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Albertsons Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albertsons Companies' 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 Albertsons Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albertsons Companies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albertsons Companies. 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.
For more detail on how to invest in Albertsons Stock please use our How to Invest in Albertsons Companies guide.
Note that the Albertsons Companies information on this page should be used as a complementary analysis to other Albertsons Companies' 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Albertsons Companies' price analysis, check to measure Albertsons Companies' 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 Albertsons Companies is operating at the current time. Most of Albertsons Companies' value examination focuses on studying past and present price action to predict the probability of Albertsons Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albertsons Companies' price. Additionally, you may evaluate how the addition of Albertsons Companies to your portfolios can decrease your overall portfolio volatility.
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Is Albertsons Companies' 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 Albertsons Companies. If investors know Albertsons 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 Albertsons Companies 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
(0.17)
Dividend Share
0.48
Earnings Share
2.23
Revenue Per Share
137.709
Quarterly Revenue Growth
0.004
The market value of Albertsons Companies is measured differently than its book value, which is the value of Albertsons that is recorded on the company's balance sheet. Investors also form their own opinion of Albertsons Companies' value that differs from its market value or its book value, called intrinsic value, which is Albertsons Companies' 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 Albertsons Companies' market value can be influenced by many factors that don't directly affect Albertsons Companies' 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 Albertsons Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Albertsons Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albertsons Companies' 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.