Armstrong Treasury Stock vs Total Assets 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 Treasury Stock and its Total Assets 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.

Treasury Stock vs Total Assets

Treasury Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Armstrong World Indu Treasury Stock account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Armstrong World's Treasury Stock and Total Assets is 0.76. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Assets 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 Treasury Stock 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 Treasury Stock of Armstrong World Industries 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 Treasury Stock i.e., Armstrong World's Treasury Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Treasury Stock

Total Assets

Total assets refers to the total amount of Armstrong World 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 Armstrong World Indu 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 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 Profit405.6M449.1M497M481.3M
Total Revenue1.1B1.2B1.3B1.8B

Armstrong World fundamental ratios Correlations

0.740.580.45-0.340.860.840.70.880.210.560.66-0.26-0.780.50.690.83-0.310.690.46-0.390.780.140.480.780.13
0.740.00.87-0.610.860.970.340.940.260.260.190.06-0.730.020.570.4-0.260.57-0.16-0.770.33-0.450.090.440.11
0.580.0-0.240.260.210.170.720.24-0.170.340.7-0.33-0.430.750.430.71-0.050.430.770.290.820.670.650.68-0.03
0.450.87-0.24-0.490.60.820.110.740.14-0.030.10.02-0.52-0.050.120.27-0.150.12-0.29-0.690.15-0.650.070.11-0.01
-0.34-0.610.26-0.49-0.47-0.550.19-0.45-0.170.080.29-0.050.140.48-0.320.050.54-0.320.430.790.170.230.160.00.23
0.860.860.210.6-0.470.90.60.910.330.440.39-0.14-0.850.230.70.55-0.330.70.21-0.550.51-0.160.150.660.07
0.840.970.170.82-0.550.90.480.970.260.280.33-0.04-0.810.170.60.55-0.230.60.02-0.70.49-0.340.20.540.0
0.70.340.720.110.190.60.480.60.110.620.81-0.25-0.870.840.610.7-0.090.610.760.230.910.240.530.920.17
0.880.940.240.74-0.450.910.970.60.330.490.44-0.03-0.870.310.690.59-0.250.690.14-0.570.59-0.280.270.70.17
0.210.26-0.170.14-0.170.330.260.110.330.41-0.07-0.15-0.22-0.090.29-0.010.110.29-0.07-0.15-0.02-0.18-0.040.280.41
0.560.260.34-0.030.080.440.280.620.490.410.59-0.03-0.480.570.570.44-0.260.570.490.180.580.170.370.780.67
0.660.190.70.10.290.390.330.810.44-0.070.59-0.48-0.570.940.220.9-0.190.220.880.340.940.360.820.690.24
-0.260.06-0.330.02-0.05-0.14-0.04-0.25-0.03-0.15-0.03-0.480.09-0.360.18-0.490.30.18-0.57-0.25-0.36-0.42-0.62-0.180.09
-0.78-0.73-0.43-0.520.14-0.85-0.81-0.87-0.87-0.22-0.48-0.570.09-0.55-0.7-0.60.08-0.7-0.40.21-0.730.14-0.3-0.82-0.11
0.50.020.75-0.050.480.230.170.840.31-0.090.570.94-0.36-0.550.220.77-0.020.220.90.540.920.350.740.710.19
0.690.570.430.12-0.320.70.60.610.690.290.570.220.18-0.70.220.29-0.191.00.16-0.340.470.110.070.790.23
0.830.40.710.270.050.550.550.70.59-0.010.440.9-0.49-0.60.770.29-0.130.290.750.010.90.30.730.630.06
-0.31-0.26-0.05-0.150.54-0.33-0.23-0.09-0.250.11-0.26-0.190.30.08-0.02-0.19-0.13-0.19-0.130.24-0.15-0.23-0.31-0.220.05
0.690.570.430.12-0.320.70.60.610.690.290.570.220.18-0.70.221.00.29-0.190.16-0.340.470.110.070.790.23
0.46-0.160.77-0.290.430.210.020.760.14-0.070.490.88-0.57-0.40.90.160.75-0.130.160.590.830.580.680.630.05
-0.39-0.770.29-0.690.79-0.55-0.70.23-0.57-0.150.180.34-0.250.210.54-0.340.010.24-0.340.590.20.40.270.070.14
0.780.330.820.150.170.510.490.910.59-0.020.580.94-0.36-0.730.920.470.9-0.150.470.830.20.330.750.840.12
0.14-0.450.67-0.650.23-0.16-0.340.24-0.28-0.180.170.36-0.420.140.350.110.3-0.230.110.580.40.330.520.230.02
0.480.090.650.070.160.150.20.530.27-0.040.370.82-0.62-0.30.740.070.73-0.310.070.680.270.750.520.460.23
0.780.440.680.110.00.660.540.920.70.280.780.69-0.18-0.820.710.790.63-0.220.790.630.070.840.230.460.3
0.130.11-0.03-0.010.230.070.00.170.170.410.670.240.09-0.110.190.230.060.050.230.050.140.120.020.230.3
Click cells to compare fundamentals

Armstrong World Account Relationship Matchups

Armstrong World fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B1.7B1.7B1.7B2.2B
Short Long Term Debt Total646.1M755.7M671.6M687M640.4M591.2M
Total Stockholder Equity364.9M450.9M519.7M535M591.8M501.5M
Net Debt600.8M618.8M573.5M581M569.6M378.3M
Other Assets164.3M261M845.3M142.6M128.3M121.9M
Common Stock Shares Outstanding52.1M49.5M47.9M46.4M44.8M51.7M
Liabilities And Stockholders Equity1.5B1.7B1.7B1.7B1.7B2.2B
Non Current Liabilities Total973.2M1.1B980.7M969.5M886.1M841.8M
Other Stockholder Equity(267.8M)(310.2M)(382.7M)(535.4M)(650.7M)(618.2M)
Total Liab1.1B1.3B1.2B1.2B1.1B1.0B
Other Current Liab64.3M59.2M71M(99.7M)68.9M52.8M
Total Current Liabilities155.2M172.3M209.6M182.7M194.5M309.7M
Property Plant And Equipment Net524.6M529.9M542.8M554.4M618.2M763.2M
Retained Earnings1.0B869.8M1.0B1.2B1.3B1.4B
Accounts Payable79.4M81.3M105.8M105M91M86.5M
Cash45.3M136.9M98.1M106M70.8M67.3M
Non Current Assets Total1.2B1.4B1.4B1.3B1.4B1.7B
Non Currrent Assets Other190.5M876.8M845.3M400K(41.1M)(39.0M)
Cash And Short Term Investments45.3M136.9M98.1M106M70.8M67.3M
Net Receivables115.1M80.6M110.5M114.2M111.8M195.8M
Inventory68.5M81.5M90.2M110M104M98.8M
Other Current Assets700K1.4M800K1.3M26.4M27.7M
Property Plant And Equipment Gross559.9M569.5M542.8M554.4M1.2B781.1M
Total Current Assets244.4M311.8M321.9M356.5M313M297.4M
Accumulated Other Comprehensive Income(376.1M)(109.3M)(109.6M)(100.1M)(104.7M)(109.9M)
Short Term Debt11.5M31.8M32.8M8.1M32.3M32.1M
Good Will53M160.7M167M167.3M175.5M193.0M
Intangible Assets411.9M457.9M421.4M407.7M412.4M411.5M
Other Liab323M1.1B980.7M290.6M261.5M248.5M
Long Term Debt604.5M690.5M606.4M651.1M564.3M740.1M
Treasury Stock(692.2M)(823.5M)(863.9M)(944M)(849.6M)(807.1M)
Property Plant Equipment559.9M529.9M542.8M554.4M499.0M659.1M
Net Tangible Assets(100M)(167.3M)(68.7M)(40M)(36M)(34.2M)
Long Term Debt Total604.5M690.5M606.4M651.1M586.0M654.8M

Currently Active Assets on Macroaxis

When determining whether Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World'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 Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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