Aflac Short Term Debt vs Total Current Liabilities Analysis

AFL Stock  USD 88.38  0.34  0.39%   
Aflac Incorporated financial indicator trend analysis is way more than just evaluating Aflac Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aflac Incorporated is a good investment. Please check the relationship between Aflac Incorporated Short Term Debt and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aflac Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.

Short Term Debt vs Total Current Liabilities

Short Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aflac Incorporated Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aflac Incorporated's Short Term Debt and Total Current Liabilities is 0.61. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Aflac Incorporated, assuming nothing else is changed. The correlation between historical values of Aflac Incorporated's Short Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Aflac Incorporated are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Debt i.e., Aflac Incorporated's Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on Aflac Incorporated balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aflac Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Aflac Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aflac Incorporated 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 Aflac Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.At this time, Aflac Incorporated's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 1,407 this year, although the value of Issuance Of Capital Stock will most likely fall to about 10.4 M.
 2021 2022 2023 2024 (projected)
Total Revenue22.1B19.1B18.7B14.3B
Interest Expense238M226M195M107.4M

Aflac Incorporated fundamental ratios Correlations

0.70.90.40.51-0.17-0.75-0.01-0.390.360.630.780.440.720.120.010.760.70.320.490.50.740.10.460.81-0.37
0.70.750.760.950.25-0.920.46-0.880.160.460.640.40.420.610.220.730.46-0.070.750.890.82-0.080.060.770.14
0.90.750.40.59-0.03-0.78-0.01-0.50.10.720.610.220.460.360.090.630.80.210.680.580.810.150.310.87-0.2
0.40.760.40.790.4-0.70.53-0.790.140.20.540.230.350.620.190.690.14-0.160.270.770.64-0.18-0.060.220.32
0.510.950.590.790.38-0.910.66-0.980.130.310.490.360.240.730.160.650.24-0.180.760.940.77-0.02-0.190.620.34
-0.170.25-0.030.40.38-0.220.3-0.460.140.070.0-0.47-0.270.450.50.23-0.230.070.040.380.15-0.29-0.43-0.080.16
-0.75-0.92-0.78-0.7-0.91-0.22-0.510.89-0.27-0.43-0.58-0.36-0.38-0.6-0.12-0.78-0.420.03-0.75-0.86-0.9-0.050.06-0.78-0.14
-0.010.46-0.010.530.660.3-0.51-0.70.18-0.210.030.290.00.680.090.25-0.27-0.270.390.70.470.22-0.440.10.45
-0.39-0.88-0.5-0.79-0.98-0.460.89-0.7-0.07-0.22-0.39-0.26-0.11-0.79-0.21-0.62-0.130.27-0.72-0.93-0.760.060.31-0.53-0.45
0.360.160.10.140.130.14-0.270.18-0.070.140.190.070.45-0.34-0.110.30.130.64-0.020.00.080.210.210.19-0.66
0.630.460.720.20.310.07-0.43-0.21-0.220.140.36-0.040.350.120.10.280.770.610.410.280.430.20.480.56-0.44
0.780.640.610.540.490.0-0.580.03-0.390.190.360.520.60.160.150.870.340.120.190.540.59-0.240.290.48-0.16
0.440.40.220.230.36-0.47-0.360.29-0.260.07-0.040.520.6-0.02-0.40.44-0.08-0.230.270.350.250.10.250.320.13
0.720.420.460.350.24-0.27-0.380.0-0.110.450.350.60.6-0.18-0.160.570.340.280.050.240.360.060.630.4-0.41
0.120.610.360.620.730.45-0.60.68-0.79-0.340.120.16-0.02-0.180.420.340.08-0.410.540.850.72-0.02-0.430.280.63
0.010.220.090.190.160.5-0.120.09-0.21-0.110.10.15-0.4-0.160.420.230.08-0.06-0.030.320.31-0.65-0.10.150.14
0.760.730.630.690.650.23-0.780.25-0.620.30.280.870.440.570.340.230.20.00.270.680.74-0.290.10.530.03
0.70.460.80.140.24-0.23-0.42-0.27-0.130.130.770.34-0.080.340.080.080.20.410.490.210.50.210.530.69-0.47
0.32-0.070.21-0.16-0.180.070.03-0.270.270.640.610.12-0.230.28-0.41-0.060.00.41-0.12-0.23-0.070.380.360.11-0.89
0.490.750.680.270.760.04-0.750.39-0.72-0.020.410.190.270.050.54-0.030.270.49-0.120.670.640.28-0.080.820.16
0.50.890.580.770.940.38-0.860.7-0.930.00.280.540.350.240.850.320.680.21-0.230.670.86-0.03-0.190.570.38
0.740.820.810.640.770.15-0.90.47-0.760.080.430.590.250.360.720.310.740.5-0.070.640.860.05-0.020.730.16
0.1-0.080.15-0.18-0.02-0.29-0.050.220.060.210.2-0.240.10.06-0.02-0.65-0.290.210.380.28-0.030.050.030.06-0.32
0.460.060.31-0.06-0.19-0.430.06-0.440.310.210.480.290.250.63-0.43-0.10.10.530.36-0.08-0.19-0.020.030.22-0.56
0.810.770.870.220.62-0.08-0.780.1-0.530.190.560.480.320.40.280.150.530.690.110.820.570.730.060.22-0.17
-0.370.14-0.20.320.340.16-0.140.45-0.45-0.66-0.44-0.160.13-0.410.630.140.03-0.47-0.890.160.380.16-0.32-0.56-0.17
Click cells to compare fundamentals

Aflac Incorporated Account Relationship Matchups

Aflac Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets152.8B165.1B157.5B131.7B130.9B75.2B
Short Long Term Debt Total6.6B7.9B8.0B7.4B7.4B7.8B
Total Stockholder Equity29.0B33.6B33.3B20.1B22.0B11.1B
Net Debt1.7B2.8B2.9B3.5B3.1B3.2B
Retained Earnings34.3B38.0B41.4B44.4B48.0B50.4B
Other Assets(66.9B)(79.0B)157.5B(45.0B)85.3B89.6B
Common Stock Shares Outstanding746.4M716.2M676.7M637.7M598.7M806.5M
Liabilities And Stockholders Equity152.8B165.1B157.5B131.7B130.9B75.2B
Non Current Liabilities Total6.6B7.9B8.0B92.0B106.7B112.0B
Other Stockholder Equity(12.1B)(13.5B)(15.7B)(17.9B)(20.6B)(19.6B)
Total Liab6.6B7.9B124.3B111.6B108.9B57.4B
Total Current Liabilities5.4B4.7B8.0B1.3B2.2B2.1B
Property Plant And Equipment Net581M601M538M530M445M505.5M
Non Current Assets Total122.7B132.2B538M96.4B123.6B129.7B
Net Receivables828M796M693M647M848M603.9M
Other Current Assets7.4B7.8B43.7B7.2B7.3B6.8B
Property Plant And Equipment Gross434M443M581M601M691.2M485.5M
Total Current Assets97.0B111.8B143.7B80.3B7.3B7.0B
Short Term Debt53M56M8.0B55M52M49.4M
Intangible Assets10.1B10.4B9.5B8.6B9.1B9.6B
Accumulated Other Comprehensive Income6.6B8.9B7.4B(6.4B)(5.5B)(5.2B)
Other Current Liab5.3B4.6B4.3B1.2B2.2B2.1B
Accounts Payable5.4B4.7B4.3B1.3B1.5B1.4B
Cash4.9B5.1B5.1B3.9B4.3B2.7B
Non Currrent Assets Other(16.3B)(18.9B)(143.0B)(14.1B)11.7B12.3B
Cash And Short Term Investments96.2B111.0B103.7B79.7B77.6B81.5B
Short Term Investments91.3B105.9B98.7B75.7B1.4B1.4B
Other Liab102.2B123.6B116.3B91.7B105.5B66.4B
Long Term Debt6.4B7.9B7.8B7.4B7.2B4.2B
Treasury Stock(14.4B)(15.9B)(18.2B)(20.6B)(18.5B)(17.6B)
Property Plant Equipment581M601M538M530M609.5M561.5M
Retained Earnings Total Equity34.3B38.0B41.4B44.6B51.3B27.7B
Net Tangible Assets29.0B33.6B33.3B22.4B25.7B24.2B
Long Term Debt Total6.4B7.9B7.9B7.4B8.6B6.6B
Capital Surpluse2.3B2.4B2.5B2.6B3.0B2.2B
Long Term Investments772M144.1B115.1B80.6B92.2B53.5B

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Additional Information and Resources on Investing in Aflac Stock

When determining whether Aflac Incorporated is a strong investment it is important to analyze Aflac Incorporated'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 Aflac Incorporated's future performance. For an informed investment choice regarding Aflac Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aflac Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Aflac Stock please use our How to buy in Aflac Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Life & Health Insurance space 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 Aflac Incorporated. If investors know Aflac 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 Aflac Incorporated 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
0.675
Dividend Share
1.76
Earnings Share
9.09
Revenue Per Share
32.937
Quarterly Revenue Growth
0.133
The market value of Aflac Incorporated is measured differently than its book value, which is the value of Aflac that is recorded on the company's balance sheet. Investors also form their own opinion of Aflac Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Aflac Incorporated'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 Aflac Incorporated's market value can be influenced by many factors that don't directly affect Aflac Incorporated'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 Aflac Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aflac Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aflac Incorporated'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.