Axa Total Assets vs Common Stock Shares Outstanding Analysis

EQH Stock  USD 41.49  0.01  0.02%   
Axa Equitable financial indicator trend analysis is way more than just evaluating Axa Equitable Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axa Equitable Holdings is a good investment. Please check the relationship between Axa Equitable Total Assets and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Axa Equitable 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 producer price index.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axa Equitable Holdings Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Axa Equitable's Total Assets and Common Stock Shares Outstanding is -0.86. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Axa Equitable Holdings, assuming nothing else is changed. The correlation between historical values of Axa Equitable's Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Axa Equitable Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Axa Equitable's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Axa Equitable assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Axa Equitable Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Axa Equitable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axa Equitable 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Axa Equitable 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 producer price index.
As of now, Axa Equitable's Selling General Administrative is increasing as compared to previous years. The Axa Equitable's current Enterprise Value Over EBITDA is estimated to increase to 4.36, while Tax Provision is forecasted to increase to (718.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit6.6B10.4B6.3B7.5B
Total Revenue11.0B12.6B10.5B9.3B

Axa Equitable fundamental ratios Correlations

-0.860.64-0.860.240.66-0.910.660.60.44-0.83-0.13-0.75-0.66-0.50.29-0.1-0.730.420.080.58-0.66-0.87-0.790.99-0.91
-0.86-0.760.62-0.4-0.220.97-0.22-0.48-0.250.94-0.10.60.370.65-0.080.080.67-0.570.23-0.30.440.820.79-0.850.99
0.64-0.76-0.660.590.12-0.70.110.57-0.12-0.650.2-0.57-0.38-0.470.11-0.06-0.250.6-0.070.21-0.45-0.72-0.710.63-0.74
-0.860.62-0.66-0.22-0.750.68-0.75-0.78-0.280.590.260.920.890.4-0.260.20.48-0.58-0.47-0.510.880.770.67-0.860.67
0.24-0.40.59-0.22-0.15-0.27-0.15-0.03-0.09-0.150.620.020.17-0.230.270.47-0.120.31-0.490.140.13-0.35-0.560.28-0.37
0.66-0.220.12-0.75-0.15-0.321.00.470.55-0.23-0.33-0.64-0.81-0.050.35-0.13-0.470.130.580.57-0.69-0.4-0.30.66-0.31
-0.910.97-0.70.68-0.27-0.32-0.33-0.52-0.270.940.030.650.450.65-0.10.080.75-0.480.14-0.390.510.870.82-0.890.99
0.66-0.220.11-0.75-0.151.0-0.330.470.58-0.23-0.34-0.65-0.81-0.130.35-0.11-0.510.140.590.58-0.7-0.39-0.280.67-0.31
0.6-0.480.57-0.78-0.030.47-0.520.470.35-0.61-0.64-0.9-0.82-0.350.38-0.68-0.230.610.590.51-0.89-0.43-0.270.64-0.49
0.44-0.25-0.12-0.28-0.090.55-0.270.580.35-0.36-0.42-0.32-0.36-0.210.66-0.29-0.520.040.160.69-0.330.030.050.54-0.29
-0.830.94-0.650.59-0.15-0.230.94-0.23-0.61-0.360.180.640.430.53-0.170.370.61-0.510.11-0.390.510.720.64-0.820.94
-0.13-0.10.20.260.62-0.330.03-0.34-0.64-0.420.180.450.510.02-0.360.70.040.02-0.63-0.470.54-0.07-0.28-0.16-0.07
-0.750.6-0.570.920.02-0.640.65-0.65-0.9-0.320.640.450.950.46-0.130.480.42-0.73-0.63-0.360.980.610.45-0.760.62
-0.660.37-0.380.890.17-0.810.45-0.81-0.82-0.360.430.510.950.27-0.160.460.34-0.57-0.79-0.390.980.480.31-0.670.42
-0.50.65-0.470.4-0.23-0.050.65-0.13-0.35-0.210.530.020.460.270.12-0.180.64-0.490.04-0.10.380.470.4-0.550.63
0.29-0.080.11-0.260.270.35-0.10.350.380.66-0.17-0.36-0.13-0.160.12-0.21-0.2-0.170.010.91-0.130.01-0.080.38-0.12
-0.10.08-0.060.20.47-0.130.08-0.11-0.68-0.290.370.70.480.46-0.18-0.21-0.23-0.32-0.5-0.180.51-0.11-0.28-0.120.06
-0.730.67-0.250.48-0.12-0.470.75-0.51-0.23-0.520.610.040.420.340.64-0.2-0.23-0.190.07-0.490.350.560.62-0.740.71
0.42-0.570.6-0.580.310.13-0.480.140.610.04-0.510.02-0.73-0.57-0.49-0.17-0.32-0.190.33-0.13-0.68-0.39-0.360.45-0.52
0.080.23-0.07-0.47-0.490.580.140.590.590.160.11-0.63-0.63-0.790.040.01-0.50.070.330.1-0.760.060.230.10.2
0.58-0.30.21-0.510.140.57-0.390.580.510.69-0.39-0.47-0.36-0.39-0.10.91-0.18-0.49-0.130.1-0.35-0.31-0.320.64-0.37
-0.660.44-0.450.880.13-0.690.51-0.7-0.89-0.330.510.540.980.980.38-0.130.510.35-0.68-0.76-0.350.50.32-0.670.47
-0.870.82-0.720.77-0.35-0.40.87-0.39-0.430.030.72-0.070.610.480.470.01-0.110.56-0.390.06-0.310.50.92-0.80.85
-0.790.79-0.710.67-0.56-0.30.82-0.28-0.270.050.64-0.280.450.310.4-0.08-0.280.62-0.360.23-0.320.320.92-0.730.82
0.99-0.850.63-0.860.280.66-0.890.670.640.54-0.82-0.16-0.76-0.67-0.550.38-0.12-0.740.450.10.64-0.67-0.8-0.73-0.89
-0.910.99-0.740.67-0.37-0.310.99-0.31-0.49-0.290.94-0.070.620.420.63-0.120.060.71-0.520.2-0.370.470.850.82-0.89
Click cells to compare fundamentals

Axa Equitable Account Relationship Matchups

Axa Equitable fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding493.6M450.4M417.4M379.9M351.6M391.5M
Total Assets249.9B282.3B292.3B252.7B266.8B271.6B
Short Long Term Debt Total4.1B4.1B5.1B5.2B4.7B4.0B
Other Current Liab(2.1B)(2.8B)(2.8B)(714M)2.2B2.3B
Total Current Liabilities2.1B2.8B2.8B3.0B5.1B2.8B
Total Stockholder Equity13.5B15.6B11.5B1.4B2.6B2.5B
Other Liab215.6B251.1B272.3B232.4B267.3B237.9B
Net Tangible Assets7.7B11.0B5.2B(3.4B)(3.0B)(2.9B)
Net Debt(294M)(2.1B)(66M)950M(4.5B)(4.2B)
Retained Earnings11.8B10.7B8.9B9.8B10.2B8.8B
Accounts Payable2.1B2.8B2.7B2.2B2.7B2.5B
Cash4.4B6.2B5.2B4.3B9.1B6.2B
Non Current Assets Total79.5B93.8B88.2B74.2B243.3B255.5B
Non Currrent Assets Other(79.5B)(93.8B)(88.2B)(1.2B)227.7B239.0B
Other Assets159.4B93.5B181.6B81.1B147.3B130.0B
Long Term Debt6.4B4.1B5.0B4.5B5.4B4.6B
Cash And Short Term Investments4.4B88.2B5.2B4.3B75.3B79.0B
Net Receivables6.6B6.8B17.3B11.6B12.2B10.2B
Good Will4.6B4.6B4.6B5.1B4.6B3.8B
Short Term Investments66.3B82.0B79.9B64.9B1.5B1.4B
Long Term Debt Total6.4B4.1B3.9B3.3B3.0B4.4B
Liabilities And Stockholders Equity249.9B282.3B292.3B252.7B266.8B271.6B
Non Current Liabilities Total4.7B4.9B5.0B3.3B256.5B269.3B
Capital Surpluse1.9B2.0B1.9B2.3B2.6B1.8B
Other Current Assets14.2B21.3B27.6B29.7B23.5B18.8B
Other Stockholder Equity88M(260M)(931M)(998M)(1.4B)(1.3B)
Total Liab234.4B265.0B278.7B249.1B261.6B257.4B
Deferred Long Term Liab5.9B749M5.5B8.2B7.4B4.5B
Long Term Investments74.7B109.1B105.1B93.1B75.2B84.7B
Short Long Term Debt2.9B546M92M759M254M241.3M
Total Current Assets11.0B95.0B22.5B97.4B23.5B42.2B
Accumulated Other Comprehensive Income840M3.9B2.0B(9.0B)(7.8B)(7.4B)
Short Term Debt4.1B4.1B92M759M254M241.3M
Intangible Assets4.8B4.7B4.7B5.5B5.4B4.5B
Cash And Equivalents4.4B6.2B5.2B4.3B3.9B4.0B
Net Invested Capital16.9B18.7B15.1B5.3B6.7B11.6B
Warrants365M143M468M455M523.3M356.0M
Noncontrolling Interest In Consolidated Entity1.6B1.6B1.6B1.7B2.0B1.8B
Retained Earnings Total Equity11.8B10.7B8.9B9.9B8.9B8.9B

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When determining whether Axa Equitable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axa Equitable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axa Equitable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axa Equitable Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Axa Equitable 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 producer price index.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Axa Equitable's price analysis, check to measure Axa Equitable'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 Axa Equitable is operating at the current time. Most of Axa Equitable's value examination focuses on studying past and present price action to predict the probability of Axa Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axa Equitable's price. Additionally, you may evaluate how the addition of Axa Equitable to your portfolios can decrease your overall portfolio volatility.
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Is Axa Equitable'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 Axa Equitable. If investors know Axa 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 Axa Equitable 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
0.9
Earnings Share
3.33
Revenue Per Share
30.362
Quarterly Revenue Growth
(0.05)
The market value of Axa Equitable Holdings is measured differently than its book value, which is the value of Axa that is recorded on the company's balance sheet. Investors also form their own opinion of Axa Equitable's value that differs from its market value or its book value, called intrinsic value, which is Axa Equitable'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 Axa Equitable's market value can be influenced by many factors that don't directly affect Axa Equitable'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 Axa Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axa Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axa Equitable'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.