AssetMark Total Liab vs Net Working Capital 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 Total Liab and its Net Working Capital 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.

Total Liab vs Net Working Capital

Total Liab vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AssetMark Financial Total Liab account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between AssetMark Financial's Total Liab and Net Working Capital is 0.73. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Working Capital 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 Total Liab and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of AssetMark Financial Holdings are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Liab i.e., AssetMark Financial's Total Liab and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Working Capital

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

Gross Profit Total Revenue

AssetMark Financial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		-0.44	0.92	0.89	0.78	-0.18	0.82	-0.07	0.76	-0.77	0.87	0.98	-0.3	0.9	0.95	0.98	0.95	0.4	0.94	0.62	0.88	0.11	0.77	0.85	0.69	1.0
Other Current Liab	-0.44		-0.57	-0.4	0.14	-0.1	-0.39	-0.2	-0.19	0.02	-0.23	-0.49	0.67	-0.25	-0.43	-0.54	-0.19	-0.16	-0.36	-0.24	-0.31	-0.81	0.08	-0.39	-0.29	-0.43
Total Current Liabilities	0.92	-0.57		0.89	0.63	-0.04	0.68	-0.19	0.79	-0.46	0.79	0.92	-0.19	0.81	0.78	0.92	0.78	0.61	0.76	0.41	0.83	0.16	0.54	0.77	0.51	0.92
Total Stockholder Equity	0.89	-0.4	0.89		0.81	0.27	0.71	-0.45	0.81	-0.53	0.73	0.9	-0.18	0.76	0.8	0.89	0.86	0.46	0.81	0.18	0.98	0.03	0.65	0.93	0.28	0.88
Other Liab	0.78	0.14	0.63	0.81		0.02	0.59	-0.46	0.78	-0.74	0.71	0.76	0.09	0.73	0.7	0.72	0.89	0.41	0.75	0.29	0.85	-0.42	0.81	0.79	0.35	0.78
Net Tangible Assets	-0.18	-0.1	-0.04	0.27	0.02		-0.11	-0.74	0.1	0.41	-0.33	-0.11	0.04	-0.32	-0.18	-0.12	-0.15	0.04	-0.18	-0.83	0.23	0.03	-0.25	0.28	-0.79	-0.2
Property Plant And Equipment Net	0.82	-0.39	0.68	0.71	0.59	-0.11		0.14	0.42	-0.69	0.57	0.84	-0.16	0.63	0.89	0.84	0.78	0.11	0.91	0.56	0.78	0.32	0.84	0.81	0.61	0.8
Net Debt	-0.07	-0.2	-0.19	-0.45	-0.46	-0.74	0.14		-0.59	-0.1	-0.09	-0.09	-0.29	-0.07	0.04	-0.04	-0.18	-0.47	0.07	0.62	-0.38	0.55	0.03	-0.34	0.56	-0.07
Retained Earnings	0.76	-0.19	0.79	0.81	0.78	0.1	0.42	-0.59		-0.51	0.73	0.75	0.01	0.72	0.61	0.69	0.76	0.76	0.54	0.23	0.71	-0.35	0.44	0.67	0.31	0.76
Accounts Payable	-0.77	0.02	-0.46	-0.53	-0.74	0.41	-0.69	-0.1	-0.51		-0.75	-0.71	0.31	-0.78	-0.85	-0.7	-0.87	0.0	-0.84	-0.75	-0.61	0.12	-0.84	-0.6	-0.77	-0.77
Cash	0.87	-0.23	0.79	0.73	0.71	-0.33	0.57	-0.09	0.73	-0.75		0.77	-0.24	1.0	0.84	0.79	0.9	0.29	0.77	0.6	0.72	-0.16	0.68	0.56	0.66	0.9
Non Current Assets Total	0.98	-0.49	0.92	0.9	0.76	-0.11	0.84	-0.09	0.75	-0.71	0.77		-0.28	0.81	0.91	0.99	0.9	0.46	0.93	0.57	0.89	0.18	0.74	0.9	0.64	0.97
Non Currrent Assets Other	-0.3	0.67	-0.19	-0.18	0.09	0.04	-0.16	-0.29	0.01	0.31	-0.24	-0.28		-0.26	-0.39	-0.35	-0.23	0.33	-0.35	-0.32	-0.17	-0.62	0.05	-0.24	-0.33	-0.31
Cash And Short Term Investments	0.9	-0.25	0.81	0.76	0.73	-0.32	0.63	-0.07	0.72	-0.78	1.0	0.81	-0.26		0.88	0.83	0.92	0.28	0.82	0.62	0.75	-0.12	0.72	0.61	0.68	0.92
Net Receivables	0.95	-0.43	0.78	0.8	0.7	-0.18	0.89	0.04	0.61	-0.85	0.84	0.91	-0.39	0.88		0.92	0.94	0.13	0.97	0.65	0.84	0.19	0.82	0.81	0.71	0.94
Good Will	0.98	-0.54	0.92	0.89	0.72	-0.12	0.84	-0.04	0.69	-0.7	0.79	0.99	-0.35	0.83	0.92		0.89	0.39	0.94	0.57	0.89	0.25	0.72	0.88	0.65	0.98
Common Stock Total Equity	0.95	-0.19	0.78	0.86	0.89	-0.15	0.78	-0.18	0.76	-0.87	0.9	0.9	-0.23	0.92	0.94	0.89		0.27	0.93	0.56	0.89	-0.11	0.86	0.82	0.62	0.95
Common Stock Shares Outstanding	0.4	-0.16	0.61	0.46	0.41	0.04	0.11	-0.47	0.76	0.0	0.29	0.46	0.33	0.28	0.13	0.39	0.27		0.11	0.05	0.31	-0.28	0.03	0.33	0.12	0.4
Short Term Investments	0.94	-0.36	0.76	0.81	0.75	-0.18	0.91	0.07	0.54	-0.84	0.77	0.93	-0.35	0.82	0.97	0.94	0.93	0.11		0.63	0.87	0.21	0.88	0.86	0.69	0.93
Non Current Liabilities Total	0.62	-0.24	0.41	0.18	0.29	-0.83	0.56	0.62	0.23	-0.75	0.6	0.57	-0.32	0.62	0.65	0.57	0.56	0.05	0.63		0.22	0.17	0.56	0.23	0.99	0.62
Capital Surpluse	0.88	-0.31	0.83	0.98	0.85	0.23	0.78	-0.38	0.71	-0.61	0.72	0.89	-0.17	0.75	0.84	0.89	0.89	0.31	0.87	0.22		0.04	0.76	0.96	0.31	0.87
Inventory	0.11	-0.81	0.16	0.03	-0.42	0.03	0.32	0.55	-0.35	0.12	-0.16	0.18	-0.62	-0.12	0.19	0.25	-0.11	-0.28	0.21	0.17	0.04		-0.12	0.17	0.18	0.09
Other Current Assets	0.77	0.08	0.54	0.65	0.81	-0.25	0.84	0.03	0.44	-0.84	0.68	0.74	0.05	0.72	0.82	0.72	0.86	0.03	0.88	0.56	0.76	-0.12		0.7	0.59	0.76
Other Stockholder Equity	0.85	-0.39	0.77	0.93	0.79	0.28	0.81	-0.34	0.67	-0.6	0.56	0.9	-0.24	0.61	0.81	0.88	0.82	0.33	0.86	0.23	0.96	0.17	0.7		0.31	0.83
Total Liab	0.69	-0.29	0.51	0.28	0.35	-0.79	0.61	0.56	0.31	-0.77	0.66	0.64	-0.33	0.68	0.71	0.65	0.62	0.12	0.69	0.99	0.31	0.18	0.59	0.31		0.7
Net Invested Capital	1.0	-0.43	0.92	0.88	0.78	-0.2	0.8	-0.07	0.76	-0.77	0.9	0.97	-0.31	0.92	0.94	0.98	0.95	0.4	0.93	0.62	0.87	0.09	0.76	0.83	0.7

Click cells to compare fundamentals

AssetMark Financial Account Relationship Matchups

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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as AssetMark Financial using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether AssetMark Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AssetMark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Assetmark Financial Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Assetmark Financial Holdings Stock:

How To Invest In AssetMark

Details

Is AssetMark Stock a good investment?

Details

What is AssetMark Financial's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

View

Largest Financial Services Companies

View

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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for AssetMark Stock analysis

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.

	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Global Correlations Find global opportunities by holding instruments from different markets
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

AssetMark Total Liab vs Net Working Capital Analysis

Total Liab vs Net Working Capital

Total Liab vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Liab

Net Working Capital

AssetMark Financial fundamental ratios Correlations

AssetMark Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AssetMark Financial fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for AssetMark Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Assets Total	+ 0.98	Total Assets
Good Will	+ 0.98	Total Assets

Common Stock Total Equity	- 0.87	Accounts Payable
Net Receivables	- 0.85	Accounts Payable
Other Current Assets	- 0.84	Accounts Payable
Short Term Investments	- 0.84	Accounts Payable
Non Current Liabilities Total	- 0.83	Net Tangible Assets
Inventory	- 0.81	Other Current Liab