AssetMark Retained Earnings vs Total Assets Analysis
AMK Stock | USD 34.39 0.07 0.20% |
AssetMark Financial financial indicator trend analysis is way more than just evaluating AssetMark Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AssetMark Financial is a good investment. Please check the relationship between AssetMark Financial Retained Earnings and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AssetMark Financial Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AssetMark Financial Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between AssetMark Financial's Retained Earnings and Total Assets is 0.76. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of AssetMark Financial Holdings, assuming nothing else is changed. The correlation between historical values of AssetMark Financial's Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of AssetMark Financial Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., AssetMark Financial's Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Assets
Total assets refers to the total amount of AssetMark Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AssetMark Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from AssetMark Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AssetMark Financial 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 AssetMark Financial Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. The value of Tax Provision is estimated to slide to about 23.2 M. The value of Selling General Administrative is expected to slide to about 25.5 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 181.3M | 289.7M | 318.7M | 199.7M | Total Revenue | 530.3M | 618.3M | 708.5M | 529.0M |
AssetMark Financial fundamental ratios Correlations
Click cells to compare fundamentals
AssetMark Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AssetMark Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.2B | 1.4B | 1.5B | 1.6B | 1.4B | |
Other Current Liab | 40.6M | 43.7M | 52.0M | (147.4B) | 75.6M | 79.3M | |
Total Current Liabilities | 41.6M | 45.9M | 58.9M | 73.8M | 75.8M | 61.9M | |
Total Stockholder Equity | 858.9M | 905.1M | 1.0B | 1.1B | 1.3B | 1.1B | |
Other Liab | 166.8M | 165.8M | 175.4M | 162.7M | 187.1M | 181.5M | |
Net Tangible Assets | (190.2M) | (158.3M) | (210.8M) | (145.4M) | (167.3M) | (175.6M) | |
Property Plant And Equipment Net | 7.1M | 34.9M | 30.5M | 30.5M | 29.2M | 23.0M | |
Net Debt | 25.4M | 36.2M | 66.6M | 27.4M | (112.8M) | (107.2M) | |
Retained Earnings | 62.4M | 54.6M | 80.2M | 183.5M | 306.6M | 322.0M | |
Accounts Payable | 967K | 2.2M | 2.6M | 4.6M | 288K | 273.6K | |
Cash | 96.3M | 70.6M | 76.7M | 123.3M | 232.7M | 118.7M | |
Non Current Assets Total | 1.1B | 1.1B | 1.3B | 1.3B | 1.3B | 1.3B | |
Non Currrent Assets Other | (150.4B) | 2.0M | 2.1M | (147.5B) | (773.8M) | (812.5M) | |
Long Term Debt | 121.7M | 75M | 115M | 112.1M | 93.5M | 119.5M | |
Cash And Short Term Investments | 103.6M | 81.2M | 91.2M | 137.0M | 250.7M | 128.8M | |
Net Receivables | 13.7M | 17.5M | 15.3M | 20.3M | 23.2M | 16.9M | |
Good Will | 327.3M | 338.8M | 436.8M | 487.2M | 487.9M | 420.3M | |
Common Stock Shares Outstanding | 66.3M | 67.4M | 72.4M | 73.9M | 74.4M | 78.4M | |
Short Term Investments | 7.3M | 10.6M | 14.5M | 13.7M | 18.0M | 10.1M | |
Long Term Debt Total | 121.7M | 75M | 115M | 112.1M | 129.0M | 122.2M | |
Liabilities And Stockholders Equity | 1.2B | 1.2B | 1.4B | 1.5B | 1.6B | 1.4B | |
Non Current Liabilities Total | 288.5M | 272.6M | 318.7M | 302.7M | 277.3M | 317.8M | |
Capital Surpluse | 796.4M | 850.4M | 929.1M | 942.9M | 1.1B | 905.4M | |
Inventory | 9M | 11M | 13M | 24.7M | 1.0 | 0.95 | |
Other Current Assets | 6.6M | 13.6M | 14.7M | 5.2M | 17.2M | 10.2M | |
Other Stockholder Equity | 796.4M | 850.4M | 929.1M | 942.9M | 960.7M | 927.0M | |
Total Liab | 330.1M | 318.5M | 377.6M | 376.6M | 353.2M | 379.7M | |
Net Invested Capital | 980.6M | 980.1M | 1.1B | 1.2B | 1.4B | 1.2B | |
Property Plant And Equipment Gross | 7.1M | 34.9M | 30.5M | 30.5M | 44.6M | 25.4M | |
Total Current Assets | 132.9M | 123.3M | 134.2M | 187.2M | 291.1M | 167.2M | |
Non Current Liabilities Other | 5.3M | 48.1M | 16.5M | 15.2M | 943K | 895.9K | |
Cash And Equivalents | 96.3M | 70.6M | 76.7M | 123.3M | 141.8M | 95.8M | |
Net Working Capital | 91.3M | 77.4M | 75.3M | 113.4M | 215.3M | 226.0M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AssetMark Financial Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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When running AssetMark Financial's price analysis, check to measure AssetMark Financial'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 AssetMark Financial is operating at the current time. Most of AssetMark Financial's value examination focuses on studying past and present price action to predict the probability of AssetMark Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AssetMark Financial's price. Additionally, you may evaluate how the addition of AssetMark Financial to your portfolios can decrease your overall portfolio volatility.
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Is AssetMark Financial'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 AssetMark Financial. If investors know AssetMark 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 AssetMark Financial 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 1.174 | Earnings Share 1.92 | Revenue Per Share 9.813 | Quarterly Revenue Growth 0.117 | Return On Assets 0.0815 |
The market value of AssetMark Financial is measured differently than its book value, which is the value of AssetMark that is recorded on the company's balance sheet. Investors also form their own opinion of AssetMark Financial's value that differs from its market value or its book value, called intrinsic value, which is AssetMark Financial'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 AssetMark Financial's market value can be influenced by many factors that don't directly affect AssetMark Financial'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 AssetMark Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if AssetMark Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AssetMark Financial'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.