AXIS Net Debt vs Accounts Payable Analysis
AXS Stock | USD 71.15 0.50 0.71% |
AXIS Capital financial indicator trend analysis is way more than just evaluating AXIS Capital Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXIS Capital Holdings is a good investment. Please check the relationship between AXIS Capital Net Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXIS Capital Holdings Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AXIS Capital's Net Debt and Accounts Payable is 0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of AXIS Capital Holdings, assuming nothing else is changed. The correlation between historical values of AXIS Capital's Net Debt and Accounts Payable 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 Debt of AXIS Capital Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Debt i.e., AXIS Capital's Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Accounts Payable
An accounting item on the balance sheet that represents AXIS Capital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of AXIS Capital Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from AXIS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXIS Capital Holdings 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 AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. At this time, AXIS Capital's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 100.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.3B | 5.1B | 5.6B | 4.1B | Total Revenue | 5.3B | 5.1B | 5.6B | 4.1B |
AXIS Capital fundamental ratios Correlations
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AXIS Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AXIS Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.6B | 25.9B | 27.4B | 27.6B | 28.3B | 20.2B | |
Total Stockholder Equity | 5.5B | 5.3B | 5.4B | 4.6B | 5.3B | 5.4B | |
Other Liab | 10.9B | 1.4B | 1.8B | 12.9B | 14.8B | 15.6B | |
Retained Earnings | 6.1B | 5.8B | 6.2B | 6.2B | 6.4B | 4.7B | |
Accounts Payable | 1.3B | 1.1B | 1.3B | 1.5B | 1.8B | 1.9B | |
Cash | 1.2B | 902.8M | 844.6M | 751.4M | 1.4B | 1.3B | |
Non Current Assets Total | 13.5B | 13.3B | 14.0B | 13.1B | 16.5B | 17.4B | |
Non Currrent Assets Other | (13.5B) | (13.3B) | (14.0B) | (13.1B) | (441.0M) | (463.1M) | |
Other Assets | (9.1B) | (8.2B) | (8.2B) | (6.9B) | (6.2B) | (5.9B) | |
Net Receivables | 7.4B | 7.7B | 8.4B | 9.2B | 10.1B | 10.6B | |
Common Stock Shares Outstanding | 84.5M | 84.3M | 85.3M | 85.7M | 86.0M | 96.2M | |
Short Term Investments | 12.5B | 12.2B | 12.3B | 11.4B | 17.2M | 16.4M | |
Liabilities And Stockholders Equity | 25.6B | 25.9B | 27.4B | 27.6B | 28.3B | 20.2B | |
Other Stockholder Equity | (1.5B) | (1.4B) | (1.4B) | (1.4B) | (1.4B) | (1.3B) | |
Total Liab | 20.1B | 20.6B | 22.0B | 23.0B | 23.1B | 14.8B | |
Total Current Assets | 21.1B | 20.8B | 21.5B | 21.4B | 11.8B | 16.4B | |
Intangible Assets | 230.6M | 219.6M | 208.7M | 197.8M | 186.9M | 115.3M | |
Other Current Liab | (1.3B) | (1.1B) | (1.3B) | (102.6M) | 16.4B | 17.3B | |
Total Current Liabilities | 1.3B | 1.1B | 1.3B | 1.5B | 18.3B | 10.3B | |
Net Debt | 682.6M | 547.1M | 585.9M | 744.9M | 138.6M | 145.6M | |
Cash And Short Term Investments | 13.7B | 13.1B | 13.2B | 12.1B | 5.3B | 8.8B | |
Other Current Assets | 9.0B | 9.4B | 9.7B | 10.5B | 11.8B | 12.4B | |
Accumulated Other Comprehensive Income | 171.7M | 414.4M | 56.5M | (760.3M) | (365.8M) | (347.5M) | |
Short Long Term Debt Total | 1.9B | 1.4B | 1.4B | 1.5B | 1.5B | 1.1B | |
Long Term Debt | 1.8B | 1.3B | 1.3B | 1.3B | 1.4B | 1.1B | |
Non Current Liabilities Total | 1.9B | 1.4B | 1.4B | 1.5B | 4.8B | 5.1B | |
Treasury Stock | (3.8B) | (3.8B) | (3.8B) | (3.7B) | (3.4B) | (3.5B) | |
Inventory | (9.0B) | (9.4B) | (9.7B) | (10.5B) | (15.4B) | (14.6B) | |
Net Tangible Assets | 4.4B | 4.4B | 4.6B | 3.8B | 3.4B | 3.7B | |
Retained Earnings Total Equity | 5.9B | 6.1B | 5.8B | 6.2B | 7.1B | 5.7B | |
Long Term Debt Total | 1.8B | 1.3B | 1.3B | 1.3B | 1.5B | 1.3B | |
Capital Surpluse | 2.3B | 2.3B | 2.3B | 2.4B | 2.7B | 2.5B | |
Long Term Investments | 14.4B | 14.3B | 13.6B | 12.7B | 13.7B | 15.0B | |
Non Current Liabilities Other | 17.6B | 18.2B | 19.2B | 20.6B | 23.7B | 16.8B |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXIS Capital Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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Is AXIS Capital'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 AXIS Capital. If investors know AXIS 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 AXIS Capital 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 1.254 | Dividend Share 1.76 | Earnings Share 6.54 | Revenue Per Share 67.221 | Quarterly Revenue Growth 0.06 |
The market value of AXIS Capital Holdings is measured differently than its book value, which is the value of AXIS that is recorded on the company's balance sheet. Investors also form their own opinion of AXIS Capital's value that differs from its market value or its book value, called intrinsic value, which is AXIS Capital'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 AXIS Capital's market value can be influenced by many factors that don't directly affect AXIS Capital'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 AXIS Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXIS Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXIS Capital'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.