Acuity Intangible Assets vs Current Deferred Revenue Analysis
AYI Stock | USD 261.76 2.97 1.12% |
Acuity Brands financial indicator trend analysis is way more than just evaluating Acuity Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acuity Brands is a good investment. Please check the relationship between Acuity Brands Intangible Assets and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
Intangible Assets vs Current Deferred Revenue
Intangible Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acuity Brands Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Acuity Brands' Intangible Assets and Current Deferred Revenue is 0.04. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Acuity Brands, assuming nothing else is changed. The correlation between historical values of Acuity Brands' Intangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Acuity Brands are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Intangible Assets i.e., Acuity Brands' Intangible Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Acuity Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acuity Brands 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 Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.As of now, Acuity Brands' Selling General Administrative is increasing as compared to previous years. The Acuity Brands' current Enterprise Value Over EBITDA is estimated to increase to 8.46, while Tax Provision is projected to decrease to under 88.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 1.7B | 2.0B | 1.2B | Total Revenue | 4.0B | 4.0B | 4.5B | 2.9B |
Acuity Brands fundamental ratios Correlations
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Acuity Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acuity Brands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.6B | 3.5B | 3.4B | 3.9B | 2.3B | |
Other Current Liab | 261.4M | 277.1M | 306.4M | 309.7M | 356.2M | 198.8M | |
Total Current Liabilities | 617.6M | 692.2M | 733.6M | 595.4M | 684.7M | 547.4M | |
Total Stockholder Equity | 2.1B | 2.0B | 1.9B | 2.0B | 2.3B | 1.2B | |
Other Liab | 313M | 344.1M | 336.5M | 302.1M | 347.4M | 191.8M | |
Accounts Payable | 326.5M | 391.5M | 397.8M | 285.7M | 328.6M | 288.4M | |
Cash | 560.7M | 491.3M | 223.2M | 397.9M | 457.6M | 278.2M | |
Other Assets | 26.2M | 1.8B | 1.7B | 1.7B | 2.0B | 2.1B | |
Long Term Debt | 376.8M | 494.3M | 495M | 495.6M | 569.9M | 398.0M | |
Good Will | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 692.7M | |
Inventory | 320.1M | 398.7M | 485.7M | 368.5M | 423.8M | 278.5M | |
Other Current Assets | 58.6M | 82.5M | 91.2M | 73.5M | 84.5M | 56.2M | |
Total Liab | 1.4B | 1.5B | 1.6B | 1.4B | 1.6B | 1.2B | |
Intangible Assets | 605.9M | 573.2M | 529.2M | 481.2M | 553.4M | 386.7M | |
Property Plant Equipment | 270.5M | 269.1M | 276.5M | 297.6M | 342.2M | 241.2M | |
Short Long Term Debt Total | 401.1M | 494.3M | 513M | 495.6M | 446.0M | 318.4M | |
Property Plant And Equipment Net | 270.5M | 269.1M | 276.5M | 297.6M | 342.2M | 240.0M | |
Net Debt | (159.6M) | 3M | 289.8M | 97.7M | 87.9M | 107.3M | |
Non Current Assets Total | 2.1B | 2.0B | 2.0B | 2.0B | 2.3B | 1.3B | |
Non Currrent Assets Other | 86.9M | 86.6M | 111M | 1.7B | 2.0B | 2.1B | |
Cash And Short Term Investments | 560.7M | 491.3M | 223.2M | 397.9M | 457.6M | 290.2M | |
Net Receivables | 500.3M | 571.8M | 665.9M | 555.3M | 638.6M | 448.9M | |
Common Stock Shares Outstanding | 39.6M | 36.6M | 34.6M | 32.2M | 28.9M | 33.1M | |
Liabilities And Stockholders Equity | 3.5B | 3.6B | 3.5B | 3.4B | 3.9B | 2.4B | |
Non Current Liabilities Total | 746.6M | 838.4M | 831.5M | 797.7M | 917.4M | 613.1M | |
Other Stockholder Equity | (263.6M) | (668.1M) | (1.1B) | (1.4B) | (1.2B) | (1.2B) | |
Property Plant And Equipment Gross | 333.9M | 269M | 276.5M | 1.0B | 1.2B | 1.3B | |
Total Current Assets | 1.4B | 1.5B | 1.5B | 1.4B | 1.6B | 1.1B | |
Accumulated Other Comprehensive Income | (132.7M) | (98.2M) | (125.8M) | (112.6M) | (101.3M) | (106.4M) | |
Short Term Debt | 24.3M | 15.9M | 18M | 19.7M | 17.7M | 16.8M | |
Retained Earnings | 2.5B | 2.8B | 3.2B | 3.5B | 4.0B | 4.2B | |
Treasury Stock | (1.2B) | (1.2B) | (1.7B) | (2.2B) | (2.0B) | (1.9B) | |
Net Tangible Assets | 441.6M | 2.0B | 1.9B | 2.0B | 2.3B | 2.4B | |
Retained Earnings Total Equity | 2.3B | 2.5B | 2.8B | 3.2B | 3.7B | 3.8B | |
Long Term Debt Total | 376.8M | 494.3M | 495M | 495.6M | 569.9M | 426.8M | |
Capital Surpluse | 963.6M | 995.6M | 1.0B | 1.1B | 1.2B | 957.3M | |
Deferred Long Term Liab | 94.9M | 12.9M | 13.3M | 29.9M | 26.9M | 46.5M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Acuity Brands' price analysis, check to measure Acuity Brands' 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 Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.
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Is Acuity Brands' 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 Acuity Brands. If investors know Acuity 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 Acuity Brands 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 0.105 | Dividend Share 0.54 | Earnings Share 11.94 | Revenue Per Share 123.491 | Quarterly Revenue Growth (0.04) |
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.