ASGN Net Receivables vs Short Term Debt Analysis

ASGN Stock

USD 93.91 1.76 1.91%

ASGN financial indicator trend analysis is way more than just evaluating ASGN Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASGN Inc is a good investment. Please check the relationship between ASGN Net Receivables and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASGN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Net Receivables vs Short Term Debt

Net Receivables vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASGN Inc Net Receivables account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between ASGN's Net Receivables and Short Term Debt is -0.06. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of ASGN Inc, assuming nothing else is changed. The correlation between historical values of ASGN's Net Receivables and Short Term Debt 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 Receivables of ASGN Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Receivables i.e., ASGN's Net Receivables and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Short Term Debt

Most indicators from ASGN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASGN Inc 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 ASGN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

At this time, ASGN's Selling General Administrative is very stable compared to the past year. As of the 2nd of June 2024, Enterprise Value Over EBITDA is likely to grow to 14.58, while Discontinued Operations is likely to drop about 1.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	1.4B	1.3B	1.3B
Total Revenue	4.0B	4.6B	4.5B	4.7B

Gross Profit Total Revenue

ASGN fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Non Currrent Assets Other	Intangible Assets	Non Current Liabilities Total	Common Stock Total Equity	Other Assets	Good Will	Property Plant Equipment
Total Assets		0.71	0.98	0.99	0.93	0.88	0.96	0.86	0.65	0.99	0.65	0.99	0.46	0.71	0.9	0.99	0.9	0.97	0.48	-0.29	0.94	0.98	0.51	0.34	0.99	0.87
Other Current Liab	0.71		0.62	0.72	0.54	0.74	0.71	0.61	0.14	0.75	0.14	0.74	0.18	0.67	0.63	0.68	0.69	0.59	0.32	-0.22	0.7	0.69	0.34	-0.07	0.75	0.89
Total Current Liabilities	0.98	0.62		0.98	0.91	0.82	0.96	0.86	0.71	0.97	0.71	0.97	0.44	0.68	0.86	0.97	0.9	0.98	0.45	-0.33	0.9	0.95	0.46	0.41	0.97	0.81
Total Stockholder Equity	0.99	0.72	0.98		0.91	0.83	0.98	0.81	0.67	0.98	0.67	0.98	0.41	0.76	0.89	0.96	0.94	0.97	0.46	-0.33	0.91	0.94	0.48	0.37	0.98	0.88
Property Plant And Equipment Net	0.93	0.54	0.91	0.91		0.84	0.89	0.88	0.58	0.93	0.58	0.91	0.36	0.66	0.8	0.93	0.83	0.88	0.39	-0.28	0.83	0.92	0.39	0.2	0.92	0.81
Net Debt	0.88	0.74	0.82	0.83	0.84		0.77	0.89	0.27	0.92	0.27	0.91	0.52	0.47	0.86	0.92	0.68	0.76	0.51	-0.18	0.94	0.94	0.57	-0.02	0.91	0.84
Retained Earnings	0.96	0.71	0.96	0.98	0.89	0.77		0.8	0.69	0.95	0.69	0.95	0.25	0.8	0.79	0.93	0.97	0.96	0.31	-0.43	0.83	0.9	0.32	0.39	0.96	0.86
Accounts Payable	0.86	0.61	0.86	0.81	0.88	0.89	0.8		0.4	0.88	0.4	0.87	0.3	0.51	0.7	0.89	0.7	0.78	0.33	-0.26	0.79	0.89	0.33	0.05	0.88	0.77
Cash	0.65	0.14	0.71	0.67	0.58	0.27	0.69	0.4		0.56	1.0	0.57	0.2	0.57	0.5	0.61	0.65	0.8	0.2	-0.15	0.48	0.57	0.17	0.87	0.57	0.3
Non Current Assets Total	0.99	0.75	0.97	0.98	0.93	0.92	0.95	0.88	0.56		0.56	0.99	0.46	0.7	0.91	0.99	0.89	0.94	0.5	-0.28	0.95	0.98	0.52	0.24	1.0	0.9
Cash And Short Term Investments	0.65	0.14	0.71	0.67	0.58	0.27	0.69	0.4	1.0	0.56		0.57	0.2	0.57	0.5	0.61	0.65	0.8	0.2	-0.15	0.48	0.57	0.17	0.87	0.57	0.3
Net Receivables	0.99	0.74	0.97	0.98	0.91	0.91	0.95	0.87	0.57	0.99	0.57		0.48	0.65	0.91	0.98	0.88	0.95	0.5	-0.32	0.95	0.98	0.52	0.28	0.99	0.88
Common Stock Shares Outstanding	0.46	0.18	0.44	0.41	0.36	0.52	0.25	0.3	0.2	0.46	0.2	0.48		-0.03	0.75	0.49	0.17	0.42	0.89	0.3	0.64	0.51	0.94	0.16	0.43	0.28
Other Current Assets	0.71	0.67	0.68	0.76	0.66	0.47	0.8	0.51	0.57	0.7	0.57	0.65	-0.03		0.55	0.64	0.84	0.7	0.18	-0.22	0.54	0.62	0.18	0.25	0.7	0.8
Other Stockholder Equity	0.9	0.63	0.86	0.89	0.8	0.86	0.79	0.7	0.5	0.91	0.5	0.91	0.75	0.55		0.9	0.72	0.85	0.76	-0.05	0.96	0.91	0.8	0.25	0.88	0.79
Total Liab	0.99	0.68	0.97	0.96	0.93	0.92	0.93	0.89	0.61	0.99	0.61	0.98	0.49	0.64	0.9		0.84	0.95	0.5	-0.24	0.96	1.0	0.53	0.3	0.99	0.84
Property Plant And Equipment Gross	0.9	0.69	0.9	0.94	0.83	0.68	0.97	0.7	0.65	0.89	0.65	0.88	0.17	0.84	0.72	0.84		0.9	0.28	-0.51	0.75	0.81	0.27	0.39	0.9	0.86
Total Current Assets	0.97	0.59	0.98	0.97	0.88	0.76	0.96	0.78	0.8	0.94	0.8	0.95	0.42	0.7	0.85	0.95	0.9		0.43	-0.3	0.87	0.93	0.44	0.54	0.94	0.76
Common Stock	0.48	0.32	0.45	0.46	0.39	0.51	0.31	0.33	0.2	0.5	0.2	0.5	0.89	0.18	0.76	0.5	0.28	0.43		0.21	0.6	0.5	0.93	0.09	0.47	0.41
Non Currrent Assets Other	-0.29	-0.22	-0.33	-0.33	-0.28	-0.18	-0.43	-0.26	-0.15	-0.28	-0.15	-0.32	0.3	-0.22	-0.05	-0.24	-0.51	-0.3	0.21		-0.15	-0.2	0.28	-0.08	-0.32	-0.27
Intangible Assets	0.94	0.7	0.9	0.91	0.83	0.94	0.83	0.79	0.48	0.95	0.48	0.95	0.64	0.54	0.96	0.96	0.75	0.87	0.6	-0.15		0.96	0.67	0.23	0.94	0.82
Non Current Liabilities Total	0.98	0.69	0.95	0.94	0.92	0.94	0.9	0.89	0.57	0.98	0.57	0.98	0.51	0.62	0.91	1.0	0.81	0.93	0.5	-0.2	0.96		0.54	0.26	0.98	0.84
Common Stock Total Equity	0.51	0.34	0.46	0.48	0.39	0.57	0.32	0.33	0.17	0.52	0.17	0.52	0.94	0.18	0.8	0.53	0.27	0.44	0.93	0.28	0.67	0.54		0.07	0.5	0.44
Other Assets	0.34	-0.07	0.41	0.37	0.2	-0.02	0.39	0.05	0.87	0.24	0.87	0.28	0.16	0.25	0.25	0.3	0.39	0.54	0.09	-0.08	0.23	0.26	0.07		0.26	-0.04
Good Will	0.99	0.75	0.97	0.98	0.92	0.91	0.96	0.88	0.57	1.0	0.57	0.99	0.43	0.7	0.88	0.99	0.9	0.94	0.47	-0.32	0.94	0.98	0.5	0.26		0.9
Property Plant Equipment	0.87	0.89	0.81	0.88	0.81	0.84	0.86	0.77	0.3	0.9	0.3	0.88	0.28	0.8	0.79	0.84	0.86	0.76	0.41	-0.27	0.82	0.84	0.44	-0.04	0.9

Click cells to compare fundamentals

ASGN Account Relationship Matchups

ASGN fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	3.3B	3.5B	3.6B	3.5B	3.7B
Other Current Liab	55.3M	80.9M	102M	294.8M	303.8M	319.0M
Total Current Liabilities	340.9M	416.2M	450.9M	441.9M	394.1M	413.8M
Total Stockholder Equity	1.4B	1.6B	1.9B	1.9B	1.9B	2.0B
Property Plant And Equipment Net	168.3M	154.3M	112.1M	117.4M	145.6M	152.9M
Net Debt	1.0B	851.3M	567.8M	1.1B	929.3M	975.8M
Retained Earnings	744.7M	926.3M	1.2B	1.2B	1.2B	1.3B
Accounts Payable	39.2M	39.8M	20.1M	35.2M	34M	35.7M
Cash	95.2M	274.4M	529.6M	70.3M	175.9M	184.7M
Non Current Assets Total	2.1B	2.3B	2.2B	2.6B	2.6B	2.7B
Cash And Short Term Investments	95.2M	274.4M	529.6M	70.3M	175.9M	184.7M
Net Receivables	662.5M	678.7M	708.2M	853.6M	741.5M	778.6M
Common Stock Shares Outstanding	53.4M	53.3M	53.5M	51.3M	48.7M	39.0M
Liabilities And Stockholders Equity	2.9B	3.3B	3.5B	3.6B	3.5B	3.7B
Other Current Assets	4.4M	18M	30.4M	17.3M	55.9M	58.7M
Other Stockholder Equity	638M	661.3M	690.8M	703.5M	696M	730.8M
Total Liab	1.6B	1.7B	1.6B	1.7B	1.7B	1.7B
Property Plant And Equipment Gross	168.3M	154.3M	285.9M	314.7M	307.8M	323.2M
Total Current Assets	791.5M	994.4M	1.3B	981.1M	973.3M	1.0B
Accumulated Other Comprehensive Income	(7M)	(1M)	(300K)	(2.7M)	(2.4M)	(2.6M)
Non Currrent Assets Other	18.2M	23M	23.9M	(103.6M)	33.7M	20.7M
Intangible Assets	488.7M	476.5M	487.9M	569.6M	497.9M	522.8M
Non Current Liabilities Total	1.2B	1.3B	1.2B	1.2B	1.3B	1.3B
Other Assets	18.2M	110M	1.3B	25.6M	29.4M	28.0M
Good Will	1.5B	1.6B	1.6B	1.9B	1.9B	1.8B
Property Plant Equipment	73.7M	69.4M	55M	117.4M	135.0M	141.8M
Inventory	29.4M	23.3M	41.2M	39.9M	231.8M	243.4M
Other Liab	116.3M	178.4M	603.5M	143.6M	165.1M	173.4M
Short Long Term Debt Total	1.1B	1.1B	1.1B	1.1B	1.1B	672.3M
Long Term Debt	1.0B	1.0B	1.0B	1.1B	1.0B	644.5M
Net Tangible Assets	(587.2M)	(519.2M)	(192M)	(560.3M)	(504.3M)	(529.5M)
Retained Earnings Total Equity	586.1M	744.7M	926.3M	1.2B	1.4B	1.4B
Capital Surpluse	601.8M	638M	661.3M	690.8M	794.4M	594.2M
Long Term Debt Total	575.2M	1.1B	1.0B	1.0B	1.2B	941.9M
Non Current Liabilities Other	17.6M	69.7M	63.6M	14.4M	16.7M	29.3M

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When determining whether ASGN Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASGN's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asgn Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asgn Inc Stock:

How To Invest In ASGN

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Is ASGN Stock a good investment?

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What is ASGN's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASGN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Note that the ASGN Inc information on this page should be used as a complementary analysis to other ASGN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for ASGN Stock analysis

When running ASGN's price analysis, check to measure ASGN'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 ASGN is operating at the current time. Most of ASGN's value examination focuses on studying past and present price action to predict the probability of ASGN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASGN's price. Additionally, you may evaluate how the addition of ASGN to your portfolios can decrease your overall portfolio volatility.

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Is ASGN'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 ASGN. If investors know ASGN 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 ASGN 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

(0.18)

Earnings Share

4.32

Revenue Per Share

91.824

Quarterly Revenue Growth

(0.07)

Return On Assets

0.0625

The market value of ASGN Inc is measured differently than its book value, which is the value of ASGN that is recorded on the company's balance sheet. Investors also form their own opinion of ASGN's value that differs from its market value or its book value, called intrinsic value, which is ASGN'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 ASGN's market value can be influenced by many factors that don't directly affect ASGN'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 ASGN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASGN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASGN'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.

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ASGN Net Receivables vs Short Term Debt Analysis

Net Receivables vs Short Term Debt

Net Receivables vs Short Term Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Short Term Debt

ASGN fundamental ratios Correlations

ASGN Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ASGN fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for ASGN Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Total Liab
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.51	Property Plant And Equipment Gross
Non Currrent Assets Other	- 0.43	Retained Earnings
Non Currrent Assets Other	- 0.33	Total Stockholder Equity
Non Currrent Assets Other	- 0.33	Total Current Liabilities
Good Will	- 0.32	Non Currrent Assets Other
Non Currrent Assets Other	- 0.32	Net Receivables