Assurant Reconciled Depreciation vs Cost Of Revenue Analysis
AIZ Stock | USD 176.54 2.04 1.14% |
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 Reconciled Depreciation and its Cost Of Revenue 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.
Reconciled Depreciation vs Cost Of Revenue
Reconciled Depreciation vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Assurant Reconciled Depreciation account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Assurant's Reconciled Depreciation and Cost Of Revenue is 0.55. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Reconciled Depreciation and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Assurant are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Reconciled Depreciation i.e., Assurant's Reconciled Depreciation and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Reconciled Depreciation
Cost Of Revenue
Cost of Revenue is found on Assurant income statement and represents the costs associated with goods and services Assurant provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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 |
Assurant fundamental ratios Correlations
Click cells to compare fundamentals
Assurant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 258.4M | 350.5M | |
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 |
Assurant Investors Sentiment
The influence of Assurant's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Assurant. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Assurant's public news can be used to forecast risks associated with an investment in Assurant. The trend in average sentiment can be used to explain how an investor holding Assurant can time the market purely based on public headlines and social activities around Assurant. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Assurant's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Assurant's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Assurant's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Assurant.
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 Assurant 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, Assurant's short interest history, or implied volatility extrapolated from Assurant options trading.
Pair Trading with Assurant
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 Assurant 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 Assurant will appreciate offsetting losses from the drop in the long position's value.Moving together with Assurant Stock
0.71 | ESNT | Essent Group | PairCorr |
0.65 | AXS | AXIS Capital Holdings | PairCorr |
The ability to find closely correlated positions to Assurant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assurant 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 Assurant - 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 Assurant to buy it.
The correlation of Assurant 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 Assurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assurant 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 Assurant 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 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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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 2.12 | Earnings Share 11.95 | 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.