AXIS Other Assets vs Total Liab Analysis

AXS Stock  USD 72.09  0.01  0.01%   
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 Other Assets and its Total Liab 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 closely tied with the direction of predictive economic indicators such as signals in interest.

Other Assets vs Total Liab

Other Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXIS Capital Holdings Other Assets account and Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AXIS Capital's Other Assets and Total Liab is -0.21. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Liab 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 Other Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of AXIS Capital Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Assets i.e., AXIS Capital's Other Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-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 closely tied 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 Profit5.3B5.1B5.6B4.1B
Total Revenue5.3B5.1B5.6B4.1B

AXIS Capital fundamental ratios Correlations

0.620.330.910.670.310.7-0.5-0.20.780.85-0.870.41-0.880.990.850.730.84-0.050.070.680.550.370.870.860.91
0.620.040.80.060.340.18-0.41-0.10.260.69-0.40.48-0.510.50.690.060.690.340.390.270.62-0.210.350.410.29
0.330.040.180.640.040.690.24-0.440.620.46-0.27-0.3-0.310.360.10.210.470.03-0.070.44-0.070.620.420.370.34
0.910.80.180.440.420.46-0.5-0.110.620.84-0.820.55-0.860.860.840.480.830.130.250.460.690.110.690.710.71
0.670.060.640.440.310.920.04-0.290.920.6-0.74-0.19-0.740.730.440.740.61-0.08-0.120.550.070.790.740.690.79
0.310.340.040.420.310.070.280.540.260.47-0.440.02-0.470.290.170.340.470.660.71-0.370.19-0.220.280.390.36
0.70.180.690.460.920.07-0.1-0.570.920.64-0.68-0.13-0.690.740.50.640.65-0.23-0.280.740.130.880.750.680.75
-0.5-0.410.24-0.50.040.28-0.10.28-0.08-0.090.36-0.730.34-0.48-0.76-0.32-0.070.610.48-0.64-0.58-0.01-0.48-0.46-0.35
-0.2-0.1-0.44-0.11-0.290.54-0.570.28-0.32-0.210.080.170.09-0.21-0.190.07-0.210.580.65-0.660.11-0.72-0.27-0.16-0.09
0.780.260.620.620.920.260.92-0.08-0.320.71-0.850.08-0.860.810.570.670.71-0.04-0.070.610.370.720.740.70.8
0.850.690.460.840.60.470.64-0.09-0.210.71-0.680.1-0.730.810.560.431.00.340.410.40.330.30.640.650.71
-0.87-0.4-0.27-0.82-0.74-0.44-0.680.360.08-0.85-0.68-0.40.99-0.88-0.75-0.77-0.680.07-0.02-0.51-0.58-0.43-0.82-0.81-0.86
0.410.48-0.30.55-0.190.02-0.13-0.730.170.080.1-0.4-0.390.360.620.180.09-0.18-0.040.260.92-0.350.30.340.24
-0.88-0.51-0.31-0.86-0.74-0.47-0.690.340.09-0.86-0.730.99-0.39-0.88-0.79-0.71-0.74-0.02-0.08-0.51-0.61-0.41-0.79-0.8-0.83
0.990.50.360.860.730.290.74-0.48-0.210.810.81-0.880.36-0.880.810.790.8-0.110.010.70.50.440.890.870.95
0.850.690.10.840.440.170.5-0.76-0.190.570.56-0.750.62-0.790.810.590.56-0.19-0.130.680.710.190.740.740.69
0.730.060.210.480.740.340.64-0.320.070.670.43-0.770.18-0.710.790.590.43-0.22-0.120.540.250.450.850.850.93
0.840.690.470.830.610.470.65-0.07-0.210.711.0-0.680.09-0.740.80.560.430.350.410.40.330.310.640.650.7
-0.050.340.030.13-0.080.66-0.230.610.58-0.040.340.07-0.18-0.02-0.11-0.19-0.220.350.95-0.60.01-0.48-0.29-0.19-0.13
0.070.39-0.070.25-0.120.71-0.280.480.65-0.070.41-0.02-0.04-0.080.01-0.13-0.120.410.95-0.580.08-0.56-0.18-0.07-0.01
0.680.270.440.460.55-0.370.74-0.64-0.660.610.4-0.510.26-0.510.70.680.540.4-0.6-0.580.320.660.750.680.63
0.550.62-0.070.690.070.190.13-0.580.110.370.33-0.580.92-0.610.50.710.250.330.010.080.32-0.190.410.450.37
0.37-0.210.620.110.79-0.220.88-0.01-0.720.720.3-0.43-0.35-0.410.440.190.450.31-0.48-0.560.66-0.190.530.410.49
0.870.350.420.690.740.280.75-0.48-0.270.740.64-0.820.3-0.790.890.740.850.64-0.29-0.180.750.410.530.990.92
0.860.410.370.710.690.390.68-0.46-0.160.70.65-0.810.34-0.80.870.740.850.65-0.19-0.070.680.450.410.990.91
0.910.290.340.710.790.360.75-0.35-0.090.80.71-0.860.24-0.830.950.690.930.7-0.13-0.010.630.370.490.920.91
Click cells to compare fundamentals

AXIS Capital Account Relationship Matchups

AXIS Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.6B25.9B27.4B27.6B28.3B20.2B
Total Stockholder Equity5.5B5.3B5.4B4.6B5.3B5.4B
Other Liab10.9B1.4B1.8B12.9B14.8B15.6B
Retained Earnings6.1B5.8B6.2B6.2B6.4B4.7B
Accounts Payable1.3B1.1B1.3B1.5B1.8B1.9B
Cash1.2B902.8M844.6M751.4M1.4B1.3B
Non Current Assets Total13.5B13.3B14.0B13.1B16.5B17.4B
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 Receivables7.4B7.7B8.4B9.2B10.1B10.6B
Common Stock Shares Outstanding84.5M84.3M85.3M85.7M86.0M96.2M
Short Term Investments12.5B12.2B12.3B11.4B17.2M16.4M
Liabilities And Stockholders Equity25.6B25.9B27.4B27.6B28.3B20.2B
Other Stockholder Equity(1.5B)(1.4B)(1.4B)(1.4B)(1.4B)(1.3B)
Total Liab20.1B20.6B22.0B23.0B23.1B14.8B
Total Current Assets21.1B20.8B21.5B21.4B11.8B16.4B
Intangible Assets230.6M219.6M208.7M197.8M186.9M115.3M
Other Current Liab(1.3B)(1.1B)(1.3B)(102.6M)16.4B17.3B
Total Current Liabilities1.3B1.1B1.3B1.5B18.3B10.3B
Net Debt682.6M547.1M585.9M744.9M138.6M145.6M
Cash And Short Term Investments13.7B13.1B13.2B12.1B5.3B8.8B
Other Current Assets9.0B9.4B9.7B10.5B11.8B12.4B
Accumulated Other Comprehensive Income171.7M414.4M56.5M(760.3M)(365.8M)(347.5M)
Short Long Term Debt Total1.9B1.4B1.4B1.5B1.5B1.1B
Long Term Debt1.8B1.3B1.3B1.3B1.4B1.1B
Non Current Liabilities Total1.9B1.4B1.4B1.5B4.8B5.1B
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 Assets4.4B4.4B4.6B3.8B3.4B3.7B
Retained Earnings Total Equity5.9B6.1B5.8B6.2B7.1B5.7B
Long Term Debt Total1.8B1.3B1.3B1.3B1.5B1.3B
Capital Surpluse2.3B2.3B2.3B2.4B2.7B2.5B
Long Term Investments14.4B14.3B13.6B12.7B13.7B15.0B
Non Current Liabilities Other17.6B18.2B19.2B20.6B23.7B16.8B

Additional Tools for AXIS Stock Analysis

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