Armstrong Property Plant Equipment vs Current Deferred Revenue Analysis
AWI Stock | USD 114.75 0.88 0.77% |
Armstrong World financial indicator trend analysis is way more than just evaluating Armstrong World Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Armstrong World Indu is a good investment. Please check the relationship between Armstrong World Property Plant Equipment and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Property Plant Equipment vs Current Deferred Revenue
Property Plant Equipment vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Armstrong World Indu Property Plant Equipment account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Armstrong World's Property Plant Equipment and Current Deferred Revenue is -0.49. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Armstrong World Industries, assuming nothing else is changed. The correlation between historical values of Armstrong World's Property Plant Equipment and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Armstrong World Industries are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant Equipment i.e., Armstrong World's Property Plant Equipment and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant Equipment
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Armstrong World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Armstrong World Indu 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 Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. As of now, Armstrong World's Enterprise Value Multiple is decreasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 405.6M | 449.1M | 497M | 481.3M | Total Revenue | 1.1B | 1.2B | 1.3B | 1.8B |
Armstrong World fundamental ratios Correlations
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Armstrong World Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Armstrong World fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.7B | 1.7B | 1.7B | 1.7B | 2.2B | |
Short Long Term Debt Total | 646.1M | 755.7M | 671.6M | 687M | 640.4M | 591.2M | |
Total Stockholder Equity | 364.9M | 450.9M | 519.7M | 535M | 591.8M | 501.5M | |
Net Debt | 600.8M | 618.8M | 573.5M | 581M | 569.6M | 378.3M | |
Other Assets | 164.3M | 261M | 845.3M | 142.6M | 128.3M | 121.9M | |
Common Stock Shares Outstanding | 52.1M | 49.5M | 47.9M | 46.4M | 44.8M | 51.7M | |
Liabilities And Stockholders Equity | 1.5B | 1.7B | 1.7B | 1.7B | 1.7B | 2.2B | |
Non Current Liabilities Total | 973.2M | 1.1B | 980.7M | 969.5M | 886.1M | 841.8M | |
Other Stockholder Equity | (267.8M) | (310.2M) | (382.7M) | (535.4M) | (650.7M) | (618.2M) | |
Total Liab | 1.1B | 1.3B | 1.2B | 1.2B | 1.1B | 1.0B | |
Other Current Liab | 64.3M | 59.2M | 71M | (99.7M) | 68.9M | 52.8M | |
Total Current Liabilities | 155.2M | 172.3M | 209.6M | 182.7M | 194.5M | 309.7M | |
Property Plant And Equipment Net | 524.6M | 529.9M | 542.8M | 554.4M | 618.2M | 763.2M | |
Retained Earnings | 1.0B | 869.8M | 1.0B | 1.2B | 1.3B | 1.4B | |
Accounts Payable | 79.4M | 81.3M | 105.8M | 105M | 91M | 86.5M | |
Cash | 45.3M | 136.9M | 98.1M | 106M | 70.8M | 67.3M | |
Non Current Assets Total | 1.2B | 1.4B | 1.4B | 1.3B | 1.4B | 1.7B | |
Non Currrent Assets Other | 190.5M | 876.8M | 845.3M | 400K | (41.1M) | (39.0M) | |
Cash And Short Term Investments | 45.3M | 136.9M | 98.1M | 106M | 70.8M | 67.3M | |
Net Receivables | 115.1M | 80.6M | 110.5M | 114.2M | 111.8M | 195.8M | |
Inventory | 68.5M | 81.5M | 90.2M | 110M | 104M | 98.8M | |
Other Current Assets | 700K | 1.4M | 800K | 1.3M | 26.4M | 27.7M | |
Property Plant And Equipment Gross | 559.9M | 569.5M | 542.8M | 554.4M | 1.2B | 781.1M | |
Total Current Assets | 244.4M | 311.8M | 321.9M | 356.5M | 313M | 297.4M | |
Accumulated Other Comprehensive Income | (376.1M) | (109.3M) | (109.6M) | (100.1M) | (104.7M) | (109.9M) | |
Short Term Debt | 11.5M | 31.8M | 32.8M | 8.1M | 32.3M | 32.1M | |
Good Will | 53M | 160.7M | 167M | 167.3M | 175.5M | 193.0M | |
Intangible Assets | 411.9M | 457.9M | 421.4M | 407.7M | 412.4M | 411.5M | |
Other Liab | 323M | 1.1B | 980.7M | 290.6M | 261.5M | 248.5M | |
Long Term Debt | 604.5M | 690.5M | 606.4M | 651.1M | 564.3M | 740.1M | |
Treasury Stock | (692.2M) | (823.5M) | (863.9M) | (944M) | (849.6M) | (807.1M) | |
Property Plant Equipment | 559.9M | 529.9M | 542.8M | 554.4M | 499.0M | 659.1M | |
Net Tangible Assets | (100M) | (167.3M) | (68.7M) | (40M) | (36M) | (34.2M) | |
Long Term Debt Total | 604.5M | 690.5M | 606.4M | 651.1M | 586.0M | 654.8M |
Currently Active Assets on Macroaxis
VWITX | Vanguard Intermediate Term Tax Exempt | |
VGSTX | Vanguard Star Fund | |
VFIAX | Vanguard 500 Index | |
VTCLX | Vanguard Tax Managed Capital | |
VTSAX | Vanguard Total Stock |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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Is Armstrong World'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 Armstrong World. If investors know Armstrong 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 Armstrong World 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 0.308 | Dividend Share 1.094 | Earnings Share 5.31 | Revenue Per Share 29.6 | Quarterly Revenue Growth 0.052 |
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.