Ameriprise Net Debt vs Net Tangible Assets Analysis

AMP Stock  USD 433.55  3.52  0.82%   
Ameriprise Financial financial indicator trend analysis is way more than just evaluating Ameriprise Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ameriprise Financial is a good investment. Please check the relationship between Ameriprise Financial Net Debt and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameriprise Financial. 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.
To learn how to invest in Ameriprise Stock, please use our How to Invest in Ameriprise Financial guide.

Net Debt vs Net Tangible Assets

Net Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ameriprise Financial Net Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ameriprise Financial's Net Debt and Net Tangible Assets is 0.65. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Ameriprise Financial, assuming nothing else is changed. The correlation between historical values of Ameriprise Financial's Net Debt and Net Tangible 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 Net Debt of Ameriprise Financial are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Debt i.e., Ameriprise Financial's Net Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Ameriprise Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ameriprise 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 Ameriprise Financial. 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.
To learn how to invest in Ameriprise Stock, please use our How to Invest in Ameriprise Financial guide.As of 05/12/2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Selling General Administrative is likely to drop slightly above 3.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit8.0B7.4B16.1B16.9B
Total Revenue13.5B14.3B15.5B10.8B

Ameriprise Financial fundamental ratios Correlations

-0.090.26-0.77-0.71.00.39-0.220.26-0.140.660.640.20.790.330.940.810.390.550.120.610.48-0.420.83-0.150.08
-0.09-0.60.690.65-0.170.690.77-0.280.68-0.61-0.6-0.9-0.420.7-0.050.13-0.21-0.380.68-0.53-0.60.610.11-0.720.81
0.26-0.6-0.53-0.70.3-0.5-0.760.78-0.670.580.730.710.47-0.520.220.10.580.52-0.610.680.42-0.680.270.48-0.44
-0.770.69-0.530.93-0.820.190.66-0.330.51-0.88-0.84-0.68-0.80.23-0.7-0.5-0.35-0.590.28-0.75-0.720.68-0.53-0.320.45
-0.70.65-0.70.93-0.740.20.73-0.620.61-0.89-0.98-0.65-0.810.23-0.69-0.5-0.59-0.670.4-0.89-0.750.78-0.62-0.310.39
1.0-0.170.3-0.82-0.740.32-0.290.27-0.190.70.680.280.810.250.930.790.390.570.060.640.52-0.470.8-0.090.01
0.390.69-0.50.190.20.320.75-0.10.61-0.09-0.18-0.66-0.050.990.40.430.08-0.130.51-0.15-0.290.420.52-0.70.58
-0.220.77-0.760.660.73-0.290.75-0.460.87-0.53-0.73-0.81-0.670.77-0.22-0.1-0.42-0.640.6-0.72-0.720.85-0.05-0.650.49
0.26-0.280.78-0.33-0.620.27-0.1-0.46-0.470.460.720.390.4-0.120.290.290.770.55-0.470.640.27-0.530.530.19-0.16
-0.140.68-0.670.510.61-0.190.610.87-0.47-0.41-0.63-0.74-0.630.62-0.10.0-0.62-0.780.64-0.65-0.790.950.07-0.830.47
0.66-0.610.58-0.88-0.890.7-0.09-0.530.46-0.410.830.60.62-0.10.560.360.40.41-0.260.690.57-0.570.550.25-0.6
0.64-0.60.73-0.84-0.980.68-0.18-0.730.72-0.630.830.610.79-0.210.670.50.690.71-0.460.930.72-0.80.630.28-0.33
0.2-0.90.71-0.68-0.650.28-0.66-0.810.39-0.740.60.610.56-0.670.16-0.040.350.55-0.760.620.51-0.67-0.060.7-0.77
0.79-0.420.47-0.8-0.810.81-0.05-0.670.4-0.630.620.790.56-0.110.770.650.610.86-0.320.830.76-0.790.530.26-0.13
0.330.7-0.520.230.230.250.990.77-0.120.62-0.1-0.21-0.67-0.110.330.340.07-0.180.49-0.18-0.320.440.46-0.680.54
0.94-0.050.22-0.7-0.690.930.4-0.220.29-0.10.560.670.160.770.330.840.410.560.00.70.43-0.390.85-0.290.22
0.810.130.1-0.5-0.50.790.43-0.10.290.00.360.5-0.040.650.340.840.360.540.260.470.36-0.270.85-0.40.35
0.39-0.210.58-0.35-0.590.390.08-0.420.77-0.620.40.690.350.610.070.410.360.76-0.470.730.51-0.70.430.27-0.08
0.55-0.380.52-0.59-0.670.57-0.13-0.640.55-0.780.410.710.550.86-0.180.560.540.76-0.440.770.74-0.870.390.43-0.09
0.120.68-0.610.280.40.060.510.6-0.470.64-0.26-0.46-0.76-0.320.490.00.26-0.47-0.44-0.61-0.290.510.19-0.550.52
0.61-0.530.68-0.75-0.890.64-0.15-0.720.64-0.650.690.930.620.83-0.180.70.470.730.77-0.610.67-0.790.530.23-0.23
0.48-0.60.42-0.72-0.750.52-0.29-0.720.27-0.790.570.720.510.76-0.320.430.360.510.74-0.290.67-0.880.250.57-0.3
-0.420.61-0.680.680.78-0.470.420.85-0.530.95-0.57-0.8-0.67-0.790.44-0.39-0.27-0.7-0.870.51-0.79-0.88-0.23-0.680.35
0.830.110.27-0.53-0.620.80.52-0.050.530.070.550.63-0.060.530.460.850.850.430.390.190.530.25-0.23-0.410.28
-0.15-0.720.48-0.32-0.31-0.09-0.7-0.650.19-0.830.250.280.70.26-0.68-0.29-0.40.270.43-0.550.230.57-0.68-0.41-0.65
0.080.81-0.440.450.390.010.580.49-0.160.47-0.6-0.33-0.77-0.130.540.220.35-0.08-0.090.52-0.23-0.30.350.28-0.65
Click cells to compare fundamentals

Ameriprise Financial Account Relationship Matchups

Ameriprise Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets151.8B165.9B176.0B158.5B175.2B137.7B
Total Stockholder Equity5.7B5.9B5.7B3.6B4.7B5.6B
Other Assets74.5B78.6B120.5B53.9B175.2B184.0B
Common Stock Shares Outstanding136M125.7M110.9M105.3M107.8M160.4M
Liabilities And Stockholders Equity151.8B165.9B176.0B158.5B175.2B137.7B
Other Stockholder Equity(8.8B)(10.1B)(11.8B)(13.6B)(15.4B)(14.6B)
Total Liab146.1B160.0B170.3B154.9B170.5B129.8B
Short Long Term Debt Total4.9B4.9B5.2B5.4B5.8B5.1B
Net Debt1.1B(1.9B)(2.1B)(1.7B)(1.8B)(1.7B)
Non Current Liabilities Total19.2B22.4B25.2B201M170.3B178.8B
Other Current Liab134.3B125.0B(201M)(200M)(2.6B)(2.5B)
Other Liab133.8B153.1B164.7B145.3B167.0B175.4B
Retained Earnings14.3B15.3B17.5B19.5B21.9B23.0B
Accounts Payable1.9B2.0B2.5B2.2B2.6B2.0B
Cash3.8B6.8B7.2B7.1B7.6B4.2B
Long Term Debt4.7B4.7B5.0B5.2B5.0B5.4B
Good Will1.2B1.2B1.5B1.4B1.4B1.2B
Short Term Investments33.1B36.3B32.1B40.8B51.6B26.4B
Intangible Assets1.3B1.4B1.7B1.6B2.7B2.8B
Property Plant Equipment877M861M919M926M1.1B819.3M
Cash And Short Term Investments37.0B43.1B7.2B7.1B7.6B7.2B
Net Receivables7.2B7.8B16.2B15.8B15.1B15.9B
Total Current Assets44.2B51.0B23.5B63.7B29.0B30.4B
Accumulated Other Comprehensive Income262M629M3M(2.3B)(1.8B)(1.7B)
Total Current Liabilities136.4B127.0B201M200M180.9M171.9M
Other Current Assets(11.0B)(14.7B)(23.5B)(22.9B)(22.7B)(23.8B)
Treasury Stock(15.3B)(17.3B)(18.9B)(21.1B)(19.0B)(18.0B)
Inventory(1.5B)(1.8B)(1.3B)(267M)(185M)(175.8M)
Net Tangible Assets5.7B5.9B5.7B3.6B3.3B5.8B
Non Current Assets Total33.1B36.3B32.1B40.8B146.2B79.6B
Non Currrent Assets Other(4.5B)(5.1B)(6.2B)(7.0B)(66.4B)(63.1B)
Retained Earnings Total Equity14.3B15.3B17.5B19.5B22.5B11.9B
Long Term Debt Total4.7B4.7B5.0B5.2B4.7B4.2B
Capital Surpluse8.5B8.8B9.2B9.5B10.9B8.4B

Pair Trading with Ameriprise Financial

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 Ameriprise Financial 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 Ameriprise Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Ameriprise Stock

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The ability to find closely correlated positions to Ameriprise Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameriprise Financial 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 Ameriprise Financial - 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 Ameriprise Financial to buy it.
The correlation of Ameriprise Financial 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 Ameriprise Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameriprise Financial 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 Ameriprise Financial 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.
Pair CorrelationCorrelation Matching
When determining whether Ameriprise 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 Ameriprise 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 Ameriprise Financial Stock. Highlighted below are key reports to facilitate an investment decision about Ameriprise Financial Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameriprise Financial. 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.
To learn how to invest in Ameriprise Stock, please use our How to Invest in Ameriprise Financial guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is Ameriprise 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 Ameriprise Financial. If investors know Ameriprise 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 Ameriprise 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
1.496
Dividend Share
5.4
Earnings Share
29.39
Revenue Per Share
158.736
Quarterly Revenue Growth
0.125
The market value of Ameriprise Financial is measured differently than its book value, which is the value of Ameriprise that is recorded on the company's balance sheet. Investors also form their own opinion of Ameriprise Financial's value that differs from its market value or its book value, called intrinsic value, which is Ameriprise 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 Ameriprise Financial's market value can be influenced by many factors that don't directly affect Ameriprise 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 Ameriprise Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameriprise Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameriprise 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.