Arthur Intangible Assets vs Total Current Liabilities Analysis
| AJG Stock | USD 253.33 4.24 1.70% |
Arthur J financial indicator trend analysis is way more than just evaluating Arthur J Gallagher prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arthur J Gallagher is a good investment. Please check the relationship between Arthur J Intangible Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
Intangible Assets vs Total Current Liabilities
Intangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arthur J Gallagher Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Arthur J's Intangible Assets and Total Current Liabilities is 0.95. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Arthur J Gallagher, assuming nothing else is changed. The correlation between historical values of Arthur J's Intangible Assets 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 Intangible Assets of Arthur J Gallagher 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 Intangible Assets i.e., Arthur J's Intangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Total Current Liabilities
Total Current Liabilities is an item on Arthur J balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Arthur J Gallagher 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 Arthur J's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arthur J Gallagher 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 Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. At this time, Arthur J's Tax Provision is most likely to increase significantly in the upcoming years. The Arthur J's current Enterprise Value is estimated to increase to about 3.9 B, while Selling General Administrative is projected to decrease to roughly 128.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.0B | 3.6B | 4.2B | 4.5B | Total Revenue | 8.2B | 8.6B | 10.1B | 10.6B |
Arthur J fundamental ratios Correlations
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Arthur J Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arthur J fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 19.6B | 22.3B | 33.3B | 38.9B | 51.6B | 54.2B | |
| Short Long Term Debt Total | 4.9B | 4.9B | 6.6B | 6.4B | 8.3B | 8.7B | |
| Other Current Liab | 1.3B | 1.6B | 1.9B | 2.1B | 26.9B | 28.3B | |
| Total Current Liabilities | 8.9B | 10.1B | 16.7B | 21.9B | 31.1B | 32.6B | |
| Total Stockholder Equity | 5.2B | 6.2B | 8.5B | 9.1B | 10.8B | 11.3B | |
| Property Plant And Equipment Net | 860.9M | 824.6M | 859.4M | 922.9M | 1.1B | 1.2B | |
| Net Debt | 4.3B | 4.2B | 6.2B | 6.1B | 7.3B | 7.7B | |
| Retained Earnings | 1.9B | 2.4B | 2.9B | 3.6B | 4.1B | 4.3B | |
| Cash | 604.8M | 664.6M | 402.6M | 342.3M | 971.5M | 1.0B | |
| Non Current Assets Total | 10.5B | 11.2B | 15.7B | 16.1B | 19.5B | 20.5B | |
| Non Currrent Assets Other | 728.2M | 747.5M | 963.1M | 918.7M | 1.1B | 1.2B | |
| Cash And Short Term Investments | 604.8M | 664.6M | 402.6M | 342.3M | 971.5M | 1.0B | |
| Net Receivables | 5.4B | 6.4B | 11.8B | 16.4B | 3.8B | 2.2B | |
| Good Will | 5.6B | 6.1B | 8.7B | 9.5B | 11.5B | 12.0B | |
| Common Stock Shares Outstanding | 190.1M | 195M | 207.3M | 214.7M | 219.3M | 119.7M | |
| Liabilities And Stockholders Equity | 19.6B | 22.3B | 33.3B | 38.9B | 51.6B | 54.2B | |
| Non Current Liabilities Total | 5.5B | 6.0B | 8.0B | 7.8B | 9.7B | 10.2B | |
| Other Current Assets | 1.1B | 1.1B | 1.5B | 1.5B | 281M | 385.0M | |
| Other Stockholder Equity | 3.8B | 4.3B | 6.1B | 6.5B | 7.3B | 7.7B | |
| Total Liab | 14.4B | 16.1B | 24.8B | 29.7B | 40.8B | 42.8B | |
| Property Plant And Equipment Gross | 860.9M | 824.6M | 859.4M | 922.9M | 2.2B | 2.3B | |
| Total Current Assets | 9.1B | 11.1B | 17.7B | 22.8B | 32.1B | 33.7B | |
| Accumulated Other Comprehensive Income | (759.6M) | (643.6M) | (726.1M) | (1.1B) | (792.1M) | (752.5M) | |
| Intangible Assets | 2.3B | 2.4B | 4.0B | 3.4B | 4.6B | 4.9B | |
| Accounts Payable | 6.3B | 7.8B | 13.8B | 18.7B | 2.6B | 3.0B | |
| Common Stock Total Equity | 188.1M | 193.7M | 208.5M | 211.9M | 243.7M | 143.3M | |
| Common Stock | 188.1M | 193.7M | 208.5M | 211.9M | 216.7M | 147.1M | |
| Other Liab | 1.3B | 1.4B | 1.9B | 2.0B | 2.3B | 2.4B | |
| Other Assets | 1.7B | 2.2M | 2.2B | 2.3B | 2.6B | 2.8B | |
| Property Plant Equipment | 467.4M | 450.7M | 859.4M | 922.9M | 1.1B | 1.1B | |
| Inventory | 2.0B | 2.9B | 4.1B | 4.6B | 27.1B | 28.4B | |
| Current Deferred Revenue | 434.1M | 475.6M | 520.9M | 546.7M | 644.7M | 676.9M | |
| Long Term Debt | 3.8B | 4.3B | 5.8B | 5.6B | 7.0B | 7.4B | |
| Short Term Debt | 790.6M | 278.6M | 473.4M | 551.9M | 959M | 1.0B | |
| Net Tangible Assets | (2.8B) | (2.3B) | (4.1B) | (3.7B) | (3.3B) | (3.2B) | |
| Noncontrolling Interest In Consolidated Entity | 60M | 46.5M | 51.7M | 46.6M | 53.6M | 37.6M | |
| Retained Earnings Total Equity | 1.9B | 2.4B | 2.9B | 3.6B | 4.1B | 4.3B | |
| Long Term Debt Total | 3.8B | 4.3B | 5.8B | 5.6B | 6.4B | 6.7B | |
| Capital Surpluse | 3.8B | 4.3B | 6.1B | 6.5B | 7.5B | 7.9B |
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When determining whether Arthur J Gallagher is a strong investment it is important to analyze Arthur J'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 Arthur J's future performance. For an informed investment choice regarding Arthur Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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When running Arthur J's price analysis, check to measure Arthur J'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 Arthur J is operating at the current time. Most of Arthur J's value examination focuses on studying past and present price action to predict the probability of Arthur J's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arthur J's price. Additionally, you may evaluate how the addition of Arthur J to your portfolios can decrease your overall portfolio volatility.
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Is Arthur J'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 Arthur J. If investors know Arthur 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 Arthur J 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 0.223 | Dividend Share 2.25 | Earnings Share 4.91 | Revenue Per Share 46.638 | Quarterly Revenue Growth 0.199 |
The market value of Arthur J Gallagher is measured differently than its book value, which is the value of Arthur that is recorded on the company's balance sheet. Investors also form their own opinion of Arthur J's value that differs from its market value or its book value, called intrinsic value, which is Arthur J'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 Arthur J's market value can be influenced by many factors that don't directly affect Arthur J'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 Arthur J's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arthur J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arthur J'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.