American Extraordinary Items vs Non Recurring 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 Extraordinary Items and its Non Recurring 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.

Extraordinary Items vs Non Recurring

Extraordinary Items vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American States Water Extraordinary Items account and Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American States' Extraordinary Items and Non Recurring is -0.47. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Non Recurring 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' Extraordinary Items and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of American States Water are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Extraordinary Items i.e., American States' Extraordinary Items and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Extraordinary Items

Non Recurring

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 Profit377.8M368.2M449.5M228.2M
Total Revenue498.9M491.5M595.7M302.3M

American States fundamental ratios Correlations

0.680.30.780.30.610.580.280.420.650.260.64-0.160.260.860.940.320.210.220.450.310.330.80.040.96-0.53
0.680.680.870.620.810.980.670.760.940.031.0-0.490.030.740.820.420.630.070.040.50.710.560.380.78-0.74
0.30.680.530.470.440.71.00.970.59-0.10.69-0.7-0.10.270.310.810.980.09-0.550.890.990.20.350.25-0.73
0.780.870.530.520.720.810.520.610.80.10.86-0.240.10.680.820.370.460.240.210.420.560.630.250.81-0.65
0.30.620.470.520.580.650.490.50.75-0.230.64-0.48-0.230.360.380.060.490.050.160.270.510.170.950.39-0.58
0.610.810.440.720.580.80.420.570.830.150.82-0.260.150.590.69-0.020.41-0.330.320.070.480.360.370.71-0.61
0.580.980.70.810.650.80.690.790.94-0.070.99-0.54-0.070.650.740.40.65-0.01-0.010.490.730.420.420.7-0.74
0.280.671.00.520.490.420.690.960.58-0.190.69-0.69-0.190.250.290.80.980.12-0.560.880.990.150.380.23-0.73
0.420.760.970.610.50.570.790.960.7-0.010.78-0.69-0.010.390.440.750.94-0.06-0.40.820.980.260.340.39-0.78
0.650.940.590.80.750.830.940.580.7-0.020.94-0.52-0.020.660.770.260.56-0.070.20.380.640.430.520.76-0.73
0.260.03-0.10.1-0.230.15-0.07-0.19-0.01-0.02-0.030.061.00.260.2-0.05-0.11-0.360.15-0.12-0.110.55-0.320.20.12
0.641.00.690.860.640.820.990.690.780.94-0.03-0.51-0.030.690.780.410.650.040.020.490.730.490.40.75-0.74
-0.16-0.49-0.7-0.24-0.48-0.26-0.54-0.69-0.69-0.520.06-0.510.06-0.16-0.2-0.55-0.680.030.41-0.64-0.67-0.08-0.42-0.160.55
0.260.03-0.10.1-0.230.15-0.07-0.19-0.01-0.021.0-0.030.060.260.2-0.05-0.11-0.360.15-0.12-0.110.55-0.320.20.12
0.860.740.270.680.360.590.650.250.390.660.260.69-0.160.260.920.260.210.170.390.270.310.870.130.9-0.56
0.940.820.310.820.380.690.740.290.440.770.20.78-0.20.20.920.270.220.190.420.270.350.810.10.99-0.55
0.320.420.810.370.06-0.020.40.80.750.26-0.050.41-0.55-0.050.260.270.750.38-0.610.980.780.31-0.050.19-0.52
0.210.630.980.460.490.410.650.980.940.56-0.110.65-0.68-0.110.210.220.750.03-0.580.840.980.130.40.16-0.7
0.220.070.090.240.05-0.33-0.010.12-0.06-0.07-0.360.040.03-0.360.170.190.380.03-0.140.360.030.330.030.15-0.02
0.450.04-0.550.210.160.32-0.01-0.56-0.40.20.150.020.410.150.390.42-0.61-0.58-0.14-0.6-0.490.270.080.51-0.03
0.310.50.890.420.270.070.490.880.820.38-0.120.49-0.64-0.120.270.270.980.840.36-0.60.860.280.170.2-0.61
0.330.710.990.560.510.480.730.990.980.64-0.110.73-0.67-0.110.310.350.780.980.03-0.490.860.190.390.29-0.77
0.80.560.20.630.170.360.420.150.260.430.550.49-0.080.550.870.810.310.130.330.270.280.19-0.040.78-0.32
0.040.380.350.250.950.370.420.380.340.52-0.320.4-0.42-0.320.130.1-0.050.40.030.080.170.39-0.040.11-0.43
0.960.780.250.810.390.710.70.230.390.760.20.75-0.160.20.90.990.190.160.150.510.20.290.780.11-0.53
-0.53-0.74-0.73-0.65-0.58-0.61-0.74-0.73-0.78-0.730.12-0.740.550.12-0.56-0.55-0.52-0.7-0.02-0.03-0.61-0.77-0.32-0.43-0.53
Click cells to compare fundamentals

American States Account Relationship Matchups

American States fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding37.0M37.0M37.0M37.0M37.1M33.4M
Total Assets1.6B1.8B1.9B2.0B2.2B1.2B
Short Long Term Debt Total499.9M586.6M629.0M734.4M917.9M963.8M
Other Current Liab42.0M50.6M56.0M53.0M52.4M37.1M
Total Current Liabilities116.0M118.6M155.6M396.5M166.6M120.2M
Total Stockholder Equity882.5M1.1B1.1B1.2B776.1M537.0M
Property Plant And Equipment Net1.4B1.5B1.7B1.8B1.9B987.7M
Net Debt498.6M549.8M624.1M728.4M903.8M949.0M
Retained Earnings346.0M385.0M427.5M449.4M512.9M538.6M
Accounts Payable55.6M63.8M65.9M84.8M68.7M37.6M
Cash1.3M36.7M5.0M6.0M14.1M12.0M
Non Current Assets Total1.5B1.6B1.8B1.9B2.0B1.1B
Non Currrent Assets Other(554.5M)(640.4M)95.0M(858.2M)(784.3M)(745.1M)
Cash And Short Term Investments1.3M36.7M5.0M6.0M14.1M12.0M
Net Receivables88.4M93.1M102.3M99.3M123.4M67.9M
Common Stock Total Equity250.1M253.7M255.6M256.7M295.2M158.1M
Liabilities And Stockholders Equity1.6B1.8B1.9B2.0B2.2B1.2B
Non Current Liabilities Total642.8M591.0M647.3M481.8M1.3B1.4B
Inventory6.4M8.6M12.2M14.6M17.6M18.5M
Other Current Assets20.9M13.1M13.3M25.9M50.9M29.0M
Other Stockholder Equity561.9M281.0M440.3M412.2M446.5M0.0
Total Liab758.8M709.6M802.9M878.3M1.5B1.5B
Property Plant And Equipment Gross1.5B1.6B2.1B2.2B2.6B2.7B
Total Current Assets122.5M157.1M138.1M151.3M206.0M119.3M
Short Term Debt7.2M2.4M33.4M257.8M44.2M41.1M
Common Stock255.6M256.7M258.4M260.2M263.2M154.4M
Current Deferred Revenue11.2M1.8M257K903K1.4M1.3M
Other Liab431.1M447.2M463.9M451.7M519.4M307.9M
Other Assets80.1M1.6B116.0M19.2M22.1M21.0M
Long Term Debt545.0M574.5M586.7M468.5M867.1M910.4M
Property Plant Equipment1.4B1.5B(553.5M)(569.3M)(654.7M)(622.0M)
Net Tangible Assets881.4M1.1B1.1B1.2B1.3B795.2M
Long Term Debt Total545.0M574.5M586.7M468.5M538.8M441.6M
Deferred Long Term Liab126.6M132.4M141.4M150.8M173.4M90.7M
Non Current Liabilities Other252.2M324.4M331.3M309.0M233.3M274.4M

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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:
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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.