AssetMark Other Liab vs Cash Analysis
AMK Stock | USD 34.55 0.05 0.14% |
AssetMark Financial financial indicator trend analysis is way more than just evaluating AssetMark Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AssetMark Financial is a good investment. Please check the relationship between AssetMark Financial Other Liab and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AssetMark Financial 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 population.
Other Liab vs Cash
Other Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AssetMark Financial Other Liab account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between AssetMark Financial's Other Liab and Cash is 0.71. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash in the same time period over historical financial statements of AssetMark Financial Holdings, assuming nothing else is changed. The correlation between historical values of AssetMark Financial's Other Liab and Cash 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 Liab of AssetMark Financial Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Liab i.e., AssetMark Financial's Other Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Cash
Cash refers to the most liquid asset of AssetMark Financial, which is listed under current asset account on AssetMark Financial Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from AssetMark Financial customers. The amounts must be unrestricted with restricted cash listed in a different AssetMark Financial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from AssetMark Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AssetMark Financial 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 AssetMark Financial 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 population. The value of Tax Provision is estimated to slide to about 23.2 M. The value of Selling General Administrative is expected to slide to about 25.5 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 181.3M | 289.7M | 318.7M | 199.7M | Total Revenue | 530.3M | 618.3M | 708.5M | 529.0M |
AssetMark Financial fundamental ratios Correlations
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AssetMark Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AssetMark Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.2B | 1.4B | 1.5B | 1.6B | 1.4B | |
Other Current Liab | 40.6M | 43.7M | 52.0M | (147.4B) | 75.6M | 79.3M | |
Total Current Liabilities | 41.6M | 45.9M | 58.9M | 73.8M | 75.8M | 61.9M | |
Total Stockholder Equity | 858.9M | 905.1M | 1.0B | 1.1B | 1.3B | 1.1B | |
Other Liab | 166.8M | 165.8M | 175.4M | 162.7M | 187.1M | 181.5M | |
Net Tangible Assets | (190.2M) | (158.3M) | (210.8M) | (145.4M) | (167.3M) | (175.6M) | |
Property Plant And Equipment Net | 7.1M | 34.9M | 30.5M | 30.5M | 29.2M | 23.0M | |
Net Debt | 25.4M | 36.2M | 66.6M | 27.4M | (112.8M) | (107.2M) | |
Retained Earnings | 62.4M | 54.6M | 80.2M | 183.5M | 306.6M | 322.0M | |
Accounts Payable | 967K | 2.2M | 2.6M | 4.6M | 288K | 273.6K | |
Cash | 96.3M | 70.6M | 76.7M | 123.3M | 232.7M | 118.7M | |
Non Current Assets Total | 1.1B | 1.1B | 1.3B | 1.3B | 1.3B | 1.3B | |
Non Currrent Assets Other | (150.4B) | 2.0M | 2.1M | (147.5B) | (773.8M) | (812.5M) | |
Long Term Debt | 121.7M | 75M | 115M | 112.1M | 93.5M | 119.5M | |
Cash And Short Term Investments | 103.6M | 81.2M | 91.2M | 137.0M | 250.7M | 128.8M | |
Net Receivables | 13.7M | 17.5M | 15.3M | 20.3M | 23.2M | 16.9M | |
Good Will | 327.3M | 338.8M | 436.8M | 487.2M | 487.9M | 420.3M | |
Common Stock Shares Outstanding | 66.3M | 67.4M | 72.4M | 73.9M | 74.4M | 78.4M | |
Short Term Investments | 7.3M | 10.6M | 14.5M | 13.7M | 18.0M | 10.1M | |
Long Term Debt Total | 121.7M | 75M | 115M | 112.1M | 129.0M | 122.2M | |
Liabilities And Stockholders Equity | 1.2B | 1.2B | 1.4B | 1.5B | 1.6B | 1.4B | |
Non Current Liabilities Total | 288.5M | 272.6M | 318.7M | 302.7M | 277.3M | 317.8M | |
Capital Surpluse | 796.4M | 850.4M | 929.1M | 942.9M | 1.1B | 905.4M | |
Inventory | 9M | 11M | 13M | 24.7M | 1.0 | 0.95 | |
Other Current Assets | 6.6M | 13.6M | 14.7M | 5.2M | 17.2M | 10.2M | |
Other Stockholder Equity | 796.4M | 850.4M | 929.1M | 942.9M | 960.7M | 927.0M | |
Total Liab | 330.1M | 318.5M | 377.6M | 376.6M | 353.2M | 379.7M | |
Net Invested Capital | 980.6M | 980.1M | 1.1B | 1.2B | 1.4B | 1.2B | |
Property Plant And Equipment Gross | 7.1M | 34.9M | 30.5M | 30.5M | 44.6M | 25.4M | |
Total Current Assets | 132.9M | 123.3M | 134.2M | 187.2M | 291.1M | 167.2M | |
Non Current Liabilities Other | 5.3M | 48.1M | 16.5M | 15.2M | 943K | 895.9K | |
Cash And Equivalents | 96.3M | 70.6M | 76.7M | 123.3M | 141.8M | 95.8M | |
Net Working Capital | 91.3M | 77.4M | 75.3M | 113.4M | 215.3M | 226.0M |
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Additional Information and Resources on Investing in AssetMark Stock
When determining whether AssetMark Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AssetMark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Assetmark Financial Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Assetmark Financial Holdings Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AssetMark Financial 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 population. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Asset Management & Custody Banks space 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 AssetMark Financial. If investors know AssetMark 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 AssetMark Financial 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 1.174 | Earnings Share 1.92 | Revenue Per Share 9.813 | Quarterly Revenue Growth 0.117 | Return On Assets 0.0815 |
The market value of AssetMark Financial is measured differently than its book value, which is the value of AssetMark that is recorded on the company's balance sheet. Investors also form their own opinion of AssetMark Financial's value that differs from its market value or its book value, called intrinsic value, which is AssetMark Financial'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 AssetMark Financial's market value can be influenced by many factors that don't directly affect AssetMark Financial'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 AssetMark Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if AssetMark Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AssetMark Financial'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.