American Cost Of Revenue vs Operating Income Analysis

AWR Stock

USD 73.59 1.76 2.45%

American States financial indicator trend analysis is way more than just evaluating American States Water prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American States Water is a good investment. Please check the relationship between American States Cost Of Revenue and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American States Water. 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.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American States Water Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between American States' Cost Of Revenue and Operating Income is 0.33. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of American States Water, assuming nothing else is changed. The correlation between historical values of American States' Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of American States Water are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., American States' Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cost Of Revenue

Cost of Revenue is found on American States Water income statement and represents the costs associated with goods and services American States provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from American States Water operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of American States Water is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from American States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American States Water 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 American States Water. 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 06/03/2024, Selling General Administrative is likely to drop to about 62.6 M. In addition to that, Discontinued Operations is likely to drop to about 3.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	377.8M	368.2M	449.5M	228.2M
Total Revenue	498.9M	491.5M	595.7M	302.3M

Gross Profit Total Revenue

American States fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	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	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Common Stock Shares Outstanding		0.68	0.3	0.78	0.3	0.61	0.58	0.28	0.42	0.65	0.26	0.64	-0.16	0.26	0.86	0.94	0.32	0.21	0.22	0.45	0.31	0.33	0.8	0.04	0.96	-0.53
Total Assets	0.68		0.68	0.87	0.62	0.81	0.98	0.67	0.76	0.94	0.03	1.0	-0.49	0.03	0.74	0.82	0.42	0.63	0.07	0.04	0.5	0.71	0.56	0.38	0.78	-0.74
Short Long Term Debt Total	0.3	0.68		0.53	0.47	0.44	0.7	1.0	0.97	0.59	-0.1	0.69	-0.7	-0.1	0.27	0.31	0.81	0.98	0.09	-0.55	0.89	0.99	0.2	0.35	0.25	-0.73
Other Current Liab	0.78	0.87	0.53		0.52	0.72	0.81	0.52	0.61	0.8	0.1	0.86	-0.24	0.1	0.68	0.82	0.37	0.46	0.24	0.21	0.42	0.56	0.63	0.25	0.81	-0.65
Total Current Liabilities	0.3	0.62	0.47	0.52		0.58	0.65	0.49	0.5	0.75	-0.23	0.64	-0.48	-0.23	0.36	0.38	0.06	0.49	0.05	0.16	0.27	0.51	0.17	0.95	0.39	-0.58
Total Stockholder Equity	0.61	0.81	0.44	0.72	0.58		0.8	0.42	0.57	0.83	0.15	0.82	-0.26	0.15	0.59	0.69	-0.02	0.41	-0.33	0.32	0.07	0.48	0.36	0.37	0.71	-0.61
Property Plant And Equipment Net	0.58	0.98	0.7	0.81	0.65	0.8		0.69	0.79	0.94	-0.07	0.99	-0.54	-0.07	0.65	0.74	0.4	0.65	-0.01	-0.01	0.49	0.73	0.42	0.42	0.7	-0.74
Net Debt	0.28	0.67	1.0	0.52	0.49	0.42	0.69		0.96	0.58	-0.19	0.69	-0.69	-0.19	0.25	0.29	0.8	0.98	0.12	-0.56	0.88	0.99	0.15	0.38	0.23	-0.73
Retained Earnings	0.42	0.76	0.97	0.61	0.5	0.57	0.79	0.96		0.7	-0.01	0.78	-0.69	-0.01	0.39	0.44	0.75	0.94	-0.06	-0.4	0.82	0.98	0.26	0.34	0.39	-0.78
Accounts Payable	0.65	0.94	0.59	0.8	0.75	0.83	0.94	0.58	0.7		-0.02	0.94	-0.52	-0.02	0.66	0.77	0.26	0.56	-0.07	0.2	0.38	0.64	0.43	0.52	0.76	-0.73
Cash	0.26	0.03	-0.1	0.1	-0.23	0.15	-0.07	-0.19	-0.01	-0.02		-0.03	0.06	1.0	0.26	0.2	-0.05	-0.11	-0.36	0.15	-0.12	-0.11	0.55	-0.32	0.2	0.12
Non Current Assets Total	0.64	1.0	0.69	0.86	0.64	0.82	0.99	0.69	0.78	0.94	-0.03		-0.51	-0.03	0.69	0.78	0.41	0.65	0.04	0.02	0.49	0.73	0.49	0.4	0.75	-0.74
Non Currrent Assets Other	-0.16	-0.49	-0.7	-0.24	-0.48	-0.26	-0.54	-0.69	-0.69	-0.52	0.06	-0.51		0.06	-0.16	-0.2	-0.55	-0.68	0.03	0.41	-0.64	-0.67	-0.08	-0.42	-0.16	0.55
Cash And Short Term Investments	0.26	0.03	-0.1	0.1	-0.23	0.15	-0.07	-0.19	-0.01	-0.02	1.0	-0.03	0.06		0.26	0.2	-0.05	-0.11	-0.36	0.15	-0.12	-0.11	0.55	-0.32	0.2	0.12
Net Receivables	0.86	0.74	0.27	0.68	0.36	0.59	0.65	0.25	0.39	0.66	0.26	0.69	-0.16	0.26		0.92	0.26	0.21	0.17	0.39	0.27	0.31	0.87	0.13	0.9	-0.56
Common Stock Total Equity	0.94	0.82	0.31	0.82	0.38	0.69	0.74	0.29	0.44	0.77	0.2	0.78	-0.2	0.2	0.92		0.27	0.22	0.19	0.42	0.27	0.35	0.81	0.1	0.99	-0.55
Non Current Liabilities Total	0.32	0.42	0.81	0.37	0.06	-0.02	0.4	0.8	0.75	0.26	-0.05	0.41	-0.55	-0.05	0.26	0.27		0.75	0.38	-0.61	0.98	0.78	0.31	-0.05	0.19	-0.52
Inventory	0.21	0.63	0.98	0.46	0.49	0.41	0.65	0.98	0.94	0.56	-0.11	0.65	-0.68	-0.11	0.21	0.22	0.75		0.03	-0.58	0.84	0.98	0.13	0.4	0.16	-0.7
Other Current Assets	0.22	0.07	0.09	0.24	0.05	-0.33	-0.01	0.12	-0.06	-0.07	-0.36	0.04	0.03	-0.36	0.17	0.19	0.38	0.03		-0.14	0.36	0.03	0.33	0.03	0.15	-0.02
Other Stockholder Equity	0.45	0.04	-0.55	0.21	0.16	0.32	-0.01	-0.56	-0.4	0.2	0.15	0.02	0.41	0.15	0.39	0.42	-0.61	-0.58	-0.14		-0.6	-0.49	0.27	0.08	0.51	-0.03
Total Liab	0.31	0.5	0.89	0.42	0.27	0.07	0.49	0.88	0.82	0.38	-0.12	0.49	-0.64	-0.12	0.27	0.27	0.98	0.84	0.36	-0.6		0.86	0.28	0.17	0.2	-0.61
Property Plant And Equipment Gross	0.33	0.71	0.99	0.56	0.51	0.48	0.73	0.99	0.98	0.64	-0.11	0.73	-0.67	-0.11	0.31	0.35	0.78	0.98	0.03	-0.49	0.86		0.19	0.39	0.29	-0.77
Total Current Assets	0.8	0.56	0.2	0.63	0.17	0.36	0.42	0.15	0.26	0.43	0.55	0.49	-0.08	0.55	0.87	0.81	0.31	0.13	0.33	0.27	0.28	0.19		-0.04	0.78	-0.32
Short Term Debt	0.04	0.38	0.35	0.25	0.95	0.37	0.42	0.38	0.34	0.52	-0.32	0.4	-0.42	-0.32	0.13	0.1	-0.05	0.4	0.03	0.08	0.17	0.39	-0.04		0.11	-0.43
Common Stock	0.96	0.78	0.25	0.81	0.39	0.71	0.7	0.23	0.39	0.76	0.2	0.75	-0.16	0.2	0.9	0.99	0.19	0.16	0.15	0.51	0.2	0.29	0.78	0.11		-0.53
Current Deferred Revenue	-0.53	-0.74	-0.73	-0.65	-0.58	-0.61	-0.74	-0.73	-0.78	-0.73	0.12	-0.74	0.55	0.12	-0.56	-0.55	-0.52	-0.7	-0.02	-0.03	-0.61	-0.77	-0.32	-0.43	-0.53

Click cells to compare fundamentals

American States Account Relationship Matchups

American States fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	37.0M	37.0M	37.0M	37.0M	37.1M	33.4M
Total Assets	1.6B	1.8B	1.9B	2.0B	2.2B	1.2B
Short Long Term Debt Total	499.9M	586.6M	629.0M	734.4M	917.9M	963.8M
Other Current Liab	42.0M	50.6M	56.0M	53.0M	52.4M	37.1M
Total Current Liabilities	116.0M	118.6M	155.6M	396.5M	166.6M	120.2M
Total Stockholder Equity	882.5M	1.1B	1.1B	1.2B	776.1M	537.0M
Property Plant And Equipment Net	1.4B	1.5B	1.7B	1.8B	1.9B	987.7M
Net Debt	498.6M	549.8M	624.1M	728.4M	903.8M	949.0M
Retained Earnings	346.0M	385.0M	427.5M	449.4M	512.9M	538.6M
Accounts Payable	55.6M	63.8M	65.9M	84.8M	68.7M	37.6M
Cash	1.3M	36.7M	5.0M	6.0M	14.1M	12.0M
Non Current Assets Total	1.5B	1.6B	1.8B	1.9B	2.0B	1.1B
Non Currrent Assets Other	(554.5M)	(640.4M)	95.0M	(858.2M)	(784.3M)	(745.1M)
Cash And Short Term Investments	1.3M	36.7M	5.0M	6.0M	14.1M	12.0M
Net Receivables	88.4M	93.1M	102.3M	99.3M	123.4M	67.9M
Common Stock Total Equity	250.1M	253.7M	255.6M	256.7M	295.2M	158.1M
Liabilities And Stockholders Equity	1.6B	1.8B	1.9B	2.0B	2.2B	1.2B
Non Current Liabilities Total	642.8M	591.0M	647.3M	481.8M	1.3B	1.4B
Inventory	6.4M	8.6M	12.2M	14.6M	17.6M	18.5M
Other Current Assets	20.9M	13.1M	13.3M	25.9M	50.9M	29.0M
Other Stockholder Equity	561.9M	281.0M	440.3M	412.2M	446.5M	0.0
Total Liab	758.8M	709.6M	802.9M	878.3M	1.5B	1.5B
Property Plant And Equipment Gross	1.5B	1.6B	2.1B	2.2B	2.6B	2.7B
Total Current Assets	122.5M	157.1M	138.1M	151.3M	206.0M	119.3M
Short Term Debt	7.2M	2.4M	33.4M	257.8M	44.2M	41.1M
Common Stock	255.6M	256.7M	258.4M	260.2M	263.2M	154.4M
Current Deferred Revenue	11.2M	1.8M	257K	903K	1.4M	1.3M
Other Liab	431.1M	447.2M	463.9M	451.7M	519.4M	307.9M
Other Assets	80.1M	1.6B	116.0M	19.2M	22.1M	21.0M
Long Term Debt	545.0M	574.5M	586.7M	468.5M	867.1M	910.4M
Property Plant Equipment	1.4B	1.5B	(553.5M)	(569.3M)	(654.7M)	(622.0M)
Net Tangible Assets	881.4M	1.1B	1.1B	1.2B	1.3B	795.2M
Long Term Debt Total	545.0M	574.5M	586.7M	468.5M	538.8M	441.6M
Deferred Long Term Liab	126.6M	132.4M	141.4M	150.8M	173.4M	90.7M
Non Current Liabilities Other	252.2M	324.4M	331.3M	309.0M	233.3M	274.4M

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When determining whether American States Water is a strong investment it is important to analyze American States' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American States' future performance. For an informed investment choice regarding American Stock, refer to the following important reports:

How To Invest In American

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Is American Stock a good investment?

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What is American States' Net Worth?

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Largest Water Utilities Companies

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Largest Utilities - Regulated Water Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American States Water. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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

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Is American States' 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 American States. If investors know American 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 American States 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

(0.33)

Dividend Share

1.688

Earnings Share

3.05

Revenue Per Share

15.396

Quarterly Revenue Growth

(0.16)

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

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Operating Income

American States fundamental ratios Correlations

American States Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American States fundamental ratios Accounts

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

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Net Debt

Current Deferred Revenue	- 0.78	Retained Earnings
Current Deferred Revenue	- 0.77	Property Plant And Equipment Gross
Current Deferred Revenue	- 0.74	Non Current Assets Total
Current Deferred Revenue	- 0.74	Property Plant And Equipment Net
Current Deferred Revenue	- 0.74	Total Assets
Current Deferred Revenue	- 0.73	Accounts Payable