Assurant Cash vs Property Plant Equipment Analysis

AIZ Stock

USD 175.60 0.12 0.07%

Assurant financial indicator trend analysis is way more than just evaluating Assurant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Assurant is a good investment. Please check the relationship between Assurant Cash and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.

Cash vs Property Plant Equipment

Cash vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Assurant Cash account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Assurant's Cash and Property Plant Equipment is 0.48. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Cash and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Assurant are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash i.e., Assurant's Cash and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Assurant, which is listed under current asset account on Assurant balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Assurant customers. The amounts must be unrestricted with restricted cash listed in a different Assurant account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant Equipment

Most indicators from Assurant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Assurant 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 Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.At this time, Assurant's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas Tax Provision is likely to drop slightly above 121.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	10.2B	10.2B	11.1B	9.3B
Total Revenue	10.2B	10.2B	11.1B	9.3B

Gross Profit Total Revenue

Assurant fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Other Current Liab	Other Liab	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Good Will	Short Term Investments	Preferred Stock Total Equity	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables
Total Assets		0.7	-0.36	-0.61	-0.25	1.0	-0.39	0.15	0.69	0.57	0.7	0.82	0.6	0.52	-0.26	0.49	-0.09	0.38	0.63	-0.03	0.46	0.1	0.1	-0.09	0.57	0.65
Total Stockholder Equity	0.7		-0.49	-0.27	-0.26	0.64	-0.24	-0.11	0.74	0.43	0.75	0.47	0.2	0.48	-0.56	0.1	0.03	0.17	0.3	0.09	0.17	-0.39	0.11	-0.22	0.53	0.16
Other Assets	-0.36	-0.49		0.45	0.75	-0.33	-0.29	-0.11	-0.6	-0.1	-0.34	-0.04	0.22	-0.53	0.64	0.13	-0.39	0.02	0.16	-0.52	0.1	0.49	-0.68	-0.43	-0.54	-0.29
Common Stock Shares Outstanding	-0.61	-0.27	0.45		0.57	-0.63	0.15	0.22	-0.7	-0.13	-0.53	-0.55	-0.42	-0.4	0.48	0.05	0.17	-0.58	-0.41	-0.02	-0.69	-0.07	-0.25	-0.26	-0.43	-0.78
Other Stockholder Equity	-0.25	-0.26	0.75	0.57		-0.24	-0.43	-0.06	-0.64	0.03	-0.2	0.08	0.34	-0.71	0.73	0.35	-0.48	0.2	0.31	-0.64	0.07	0.57	-0.69	-0.57	-0.71	-0.45
Total Liab	1.0	0.64	-0.33	-0.63	-0.24		-0.39	0.17	0.66	0.56	0.67	0.83	0.63	0.5	-0.21	0.52	-0.1	0.39	0.64	-0.04	0.48	0.15	0.1	-0.07	0.55	0.68
Other Current Liab	-0.39	-0.24	-0.29	0.15	-0.43	-0.39		0.08	-0.08	-0.61	-0.57	-0.64	-0.74	0.25	-0.32	-0.07	0.82	-0.65	-0.73	0.84	-0.67	-0.29	0.81	0.83	0.18	-0.11
Other Liab	0.15	-0.11	-0.11	0.22	-0.06	0.17	0.08		-0.25	0.3	-0.2	-0.04	-0.02	0.01	0.29	0.39	0.24	-0.43	-0.14	0.25	-0.29	-0.08	0.22	0.18	-0.01	0.06
Retained Earnings	0.69	0.74	-0.6	-0.7	-0.64	0.66	-0.08	-0.25		0.23	0.74	0.55	0.28	0.63	-0.72	-0.04	0.04	0.27	0.36	0.2	0.42	-0.26	0.33	0.04	0.68	0.41
Accounts Payable	0.57	0.43	-0.1	-0.13	0.03	0.56	-0.61	0.3	0.23		0.54	0.57	0.46	0.28	0.12	0.17	-0.48	0.17	0.49	-0.11	0.27	-0.03	-0.22	-0.38	0.32	0.31
Cash	0.7	0.75	-0.34	-0.53	-0.2	0.67	-0.57	-0.2	0.74	0.54		0.77	0.52	0.33	-0.41	-0.02	-0.38	0.48	0.67	-0.25	0.57	-0.21	-0.18	-0.42	0.41	0.29
Long Term Debt	0.82	0.47	-0.04	-0.55	0.08	0.83	-0.64	-0.04	0.55	0.57	0.77		0.89	0.22	0.05	0.49	-0.51	0.55	0.95	-0.37	0.73	0.4	-0.2	-0.41	0.28	0.49
Good Will	0.6	0.2	0.22	-0.42	0.34	0.63	-0.74	-0.02	0.28	0.46	0.52	0.89		-0.12	0.34	0.51	-0.71	0.63	0.95	-0.61	0.83	0.64	-0.4	-0.52	-0.06	0.36
Short Term Investments	0.52	0.48	-0.53	-0.4	-0.71	0.5	0.25	0.01	0.63	0.28	0.33	0.22	-0.12		-0.47	0.07	0.43	-0.32	-0.02	0.56	-0.16	-0.4	0.54	0.32	1.0	0.61
Preferred Stock Total Equity	-0.26	-0.56	0.64	0.48	0.73	-0.21	-0.32	0.29	-0.72	0.12	-0.41	0.05	0.34	-0.47		0.48	-0.36	-0.09	0.25	-0.47	-0.04	0.63	-0.45	-0.36	-0.49	-0.15
Intangible Assets	0.49	0.1	0.13	0.05	0.35	0.52	-0.07	0.39	-0.04	0.17	-0.02	0.49	0.51	0.07	0.48		0.07	-0.04	0.48	-0.03	0.03	0.61	0.12	-0.01	0.06	0.24
Common Stock	-0.09	0.03	-0.39	0.17	-0.48	-0.1	0.82	0.24	0.04	-0.48	-0.38	-0.51	-0.71	0.43	-0.36	0.07		-0.67	-0.68	0.72	-0.75	-0.44	0.69	0.66	0.38	-0.02
Property Plant Equipment	0.38	0.17	0.02	-0.58	0.2	0.39	-0.65	-0.43	0.27	0.17	0.48	0.55	0.63	-0.32	-0.09	-0.04	-0.67		0.61	-0.63	0.83	0.44	-0.45	-0.33	-0.26	0.26
Short Long Term Debt Total	0.63	0.3	0.16	-0.41	0.31	0.64	-0.73	-0.14	0.36	0.49	0.67	0.95	0.95	-0.02	0.25	0.48	-0.68	0.61		-0.56	0.77	0.55	-0.39	-0.56	0.05	0.32
Total Current Liabilities	-0.03	0.09	-0.52	-0.02	-0.64	-0.04	0.84	0.25	0.2	-0.11	-0.25	-0.37	-0.61	0.56	-0.47	-0.03	0.72	-0.63	-0.56		-0.58	-0.45	0.9	0.8	0.52	0.12
Property Plant And Equipment Net	0.46	0.17	0.1	-0.69	0.07	0.48	-0.67	-0.29	0.42	0.27	0.57	0.73	0.83	-0.16	-0.04	0.03	-0.75	0.83	0.77	-0.58		0.43	-0.38	-0.37	-0.1	0.4
Net Debt	0.1	-0.39	0.49	-0.07	0.57	0.15	-0.29	-0.08	-0.26	-0.03	-0.21	0.4	0.64	-0.4	0.63	0.61	-0.44	0.44	0.55	-0.45	0.43		-0.26	-0.18	-0.41	0.14
Non Current Assets Total	0.1	0.11	-0.68	-0.25	-0.69	0.1	0.81	0.22	0.33	-0.22	-0.18	-0.2	-0.4	0.54	-0.45	0.12	0.69	-0.45	-0.39	0.9	-0.38	-0.26		0.84	0.5	0.28
Non Currrent Assets Other	-0.09	-0.22	-0.43	-0.26	-0.57	-0.07	0.83	0.18	0.04	-0.38	-0.42	-0.41	-0.52	0.32	-0.36	-0.01	0.66	-0.33	-0.56	0.8	-0.37	-0.18	0.84		0.27	0.34
Cash And Short Term Investments	0.57	0.53	-0.54	-0.43	-0.71	0.55	0.18	-0.01	0.68	0.32	0.41	0.28	-0.06	1.0	-0.49	0.06	0.38	-0.26	0.05	0.52	-0.1	-0.41	0.5	0.27		0.61
Net Receivables	0.65	0.16	-0.29	-0.78	-0.45	0.68	-0.11	0.06	0.41	0.31	0.29	0.49	0.36	0.61	-0.15	0.24	-0.02	0.26	0.32	0.12	0.4	0.14	0.28	0.34	0.61

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Assurant Account Relationship Matchups

Assurant fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	44.3B	44.6B	33.9B	33.1B	33.6B	32.7B
Total Stockholder Equity	5.7B	6.0B	5.5B	4.2B	4.8B	4.8B
Other Assets	13.3B	10.4B	6.6B	19.0B	19.0B	12.0B
Common Stock Shares Outstanding	62.3M	63.2M	60.1M	54.8M	53.8M	72.7M
Liabilities And Stockholders Equity	44.3B	44.6B	33.9B	33.1B	33.6B	32.7B
Total Liab	38.6B	38.7B	28.4B	28.9B	28.8B	27.9B
Other Current Liab	(4.0B)	(16.9B)	(4.5B)	(4.2B)	(2.4B)	(2.3B)
Other Liab	11.9B	14.9B	2.0B	620M	713M	677.4M
Retained Earnings	5.2B	5.2B	5.6B	5.2B	4.0B	3.7B
Accounts Payable	4.0B	16.9B	4.5B	4.2B	2.4B	3.5B
Cash	1.9B	2.2B	2.0B	1.5B	1.6B	1.3B
Long Term Debt	2.3B	2.6B	2.2B	2.1B	2.1B	1.5B
Good Will	2.3B	2.6B	2.6B	2.6B	2.6B	1.4B
Short Term Investments	12.7B	13.8B	7.5B	6.4B	2.1B	2.0B
Intangible Assets	2.0B	1.2B	583.4M	262.8M	651M	728.2M
Property Plant Equipment	433.7M	493.3M	561.4M	645.1M	741.9M	779.0M
Short Long Term Debt Total	2.0B	2.3B	2.2B	2.1B	2.1B	1.6B
Total Current Liabilities	4.0B	16.9B	4.5B	4.2B	2.4B	2.3B
Property Plant And Equipment Net	433.7M	493.3M	561.4M	645.1M	685.8M	389.0M
Net Debt	139.8M	24.3M	161.7M	593.2M	453M	475.7M
Non Current Assets Total	6.8B	8.4B	11.6B	3.9B	3.9B	4.1B
Non Currrent Assets Other	(6.8B)	(8.4B)	(11.6B)	(6.3B)	(1.3B)	(1.4B)
Cash And Short Term Investments	14.6B	16.0B	9.5B	8.0B	3.7B	3.5B
Net Receivables	9.6B	9.8B	6.2B	7.0B	8.9B	5.7B
Non Current Liabilities Total	2.0B	2.3B	2.2B	4.2B	2.1B	1.7B
Other Current Assets	(22.3B)	4.1B	3.9B	(4.6B)	4.4B	4.2B
Property Plant And Equipment Gross	347M	392M	433M	190M	218.5M	319.6M
Total Current Assets	24.2B	25.9B	15.7B	10.2B	10.8B	10.3B
Accumulated Other Comprehensive Income	411.5M	709.8M	(150M)	(986.2M)	(765M)	(726.8M)
Treasury Stock	(5.0B)	(5.3B)	(267.4M)	(122.8M)	(110.5M)	(116.0M)
Short Term Debt	102.4M	50M	2.2B	224.7M	202.2M	192.1M
Noncontrolling Interest In Consolidated Entity	10.9M	21.9M	29.3M	3.4M	3.9M	6.0M
Retained Earnings Total Equity	6.0B	3.5B	4.1B	3.7B	4.3B	4.4B
Inventory	22.3B	(4.1B)	(3.9B)	(155.5M)	(6.2B)	(5.9B)
Net Tangible Assets	2.8B	2.7B	2.9B	986.8M	888.1M	843.7M

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When determining whether Assurant offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Assurant'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 Assurant Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Assurant Stock:

How To Invest In Assurant

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Is Assurant Stock a good investment?

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What is Assurant's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.

You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Assurant's price analysis, check to measure Assurant's 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 Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.

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Is Assurant'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 Assurant. If investors know Assurant 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 Assurant 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

1.108

Dividend Share

2.84

Earnings Share

14.29

Revenue Per Share

213.641

Quarterly Revenue Growth

0.09

The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant'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 Assurant's market value can be influenced by many factors that don't directly affect Assurant'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 Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant'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.

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Assurant Cash vs Property Plant Equipment Analysis

Cash vs Property Plant Equipment

Cash vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Cash

Property Plant Equipment

Assurant fundamental ratios Correlations

Assurant Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Assurant fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Short Term Investments
Short Long Term Debt Total	+ 0.95	Long Term Debt
Short Long Term Debt Total	+ 0.95	Good Will
Non Current Assets Total	+ 0.9	Total Current Liabilities
Good Will	+ 0.89	Long Term Debt

Net Receivables	- 0.78	Common Stock Shares Outstanding
Property Plant And Equipment Net	- 0.75	Common Stock
Good Will	- 0.74	Other Current Liab
Short Long Term Debt Total	- 0.73	Other Current Liab
Preferred Stock Total Equity	- 0.72	Retained Earnings
Common Stock	- 0.71	Good Will