American Assets Financials

AAT Stock  USD 28.22  0.17  0.60%   
Based on the key indicators related to American Assets' liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, American Assets Trust is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, American Assets' Other Assets are comparatively stable compared to the past year. Net Receivables is likely to gain to about 101.7 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.3 B in 2024. Key indicators impacting American Assets' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.51.4105
Way Up
Slightly volatile
Operating Income89.9 M121.7 M
Way Down
Slightly volatile
Current Ratio3.631.9382
Way Up
Slightly volatile
Investors should never underestimate American Assets' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor American Assets' cash flow, debt, and profitability to make informed and accurate decisions about investing in American Assets Trust.

Cash And Equivalents

94.46 Million

  
Understanding current and past American Assets Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of American Assets' financial statements are interrelated, with each one affecting the others. For example, an increase in American Assets' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in American Assets' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of American Assets Trust. Check American Assets' Beneish M Score to see the likelihood of American Assets' management manipulating its earnings.

American Assets Stock Summary

American Assets competes with Essential Properties, Armada Hflr, CTO Realty, Brightspire Capital, and Armada Hoffler. American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes. American Assets operates under REITDiversified classification in the United States and is traded on New York Stock Exchange. It employs 208 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0240131047
CUSIP024013104
LocationCalifornia; U.S.A
Business Address3420 Carmel Mountain
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.americanassetstrust.com
Phone858 350 2600
CurrencyUSD - US Dollar

American Assets Key Financial Ratios

American Assets Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.8B3.0B3.0B3.0B2.3B
Other Current Liab(76.6M)(150M)(1.7B)(22.0M)(91.1M)(95.7M)
Other Liab69.7M97.9M94.1M62.4M71.8M65.0M
Net Debt1.3B1.3B1.5B1.6B1.6B1.2B
Accounts Payable62.6M59.3M64.5M66.0M61.3M43.8M
Cash99.3M137.3M139.5M49.6M82.9M73.7M
Other Assets46.4M2.7B2.9B2.8B2.8B2.9B
Long Term Debt1.4B1.3B1.6B1.6B1.7B1.3B
Net Receivables12.0M79.4M90.2M95.0M96.8M101.7M
Other Current Assets(173.6M)10.4M(229.7M)(144.6M)(179.7M)(170.7M)
Total Liab1.5B1.6B1.8B1.8B1.8B1.4B
Total Current Assets121.5M146.0M229.7M144.6M190.2M126.8M
Intangible Assets76.8M67.1M70.3M64.2M57.2M50.0M
Net Tangible Assets1.3B1.3B1.2B1.2B1.4B1.0B
Retained Earnings(144.4M)(176.6M)(217.8M)(251.2M)(280.2M)(266.2M)
Long Term Debt Total1.4B1.3B1.6B1.6B1.9B1.3B
Capital Surpluse1.5B1.4B1.5B1.5B1.7B1.1B
Short Term Debt51.0M150M1.6B34.1M100M188.1M

American Assets Key Income Statement Accounts

The reason investors look at the income statement is to determine what American Assets' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense54.0M53.4M58.6M58.2M64.7M58.0M
Total Revenue366.7M344.6M375.8M422.6M441.2M298.4M
Gross Profit234.8M223.5M246.1M270.2M277.2M194.9M
Operating Income113.7M88.6M99.9M114.7M121.7M89.9M
Ebit113.7M(138.3M)(59.8M)(69.8M)121.7M127.8M
Ebitda209.8M196.9M216.2M238.1M241.2M173.2M
Cost Of Revenue132.0M121.1M129.8M152.4M164.0M103.6M
Income Before Tax60.2M35.6M36.6M55.9M65.7M37.8M
Net Income60.2M27.7M28.4M43.5M50.4M31.5M
Income Tax Expense819K(9K)738K850K1.0M988.9K
Research Development0.21(0.13)0.10.130.150.16
Minority Interest7.2M14.1M7.5M7.7M6.9M8.1M
Interest Income696K436K58.6M58.2M2.2M2.1M
Tax Provision819K(9K)738K850K1.0M625.1K
Net Interest Income(53.3M)(53.4M)(58.6M)(58.2M)(62.8M)(65.9M)

American Assets Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash52.2M29.6M475K(90.0M)33.3M35.0M
Free Cash Flow65.5M63.5M63.7M65.3M105.8M111.1M
Depreciation96.2M108.3M116.3M123.3M119.5M82.3M
Other Non Cash Items(4.8M)(31.8M)(14.7M)(8.3M)(3.3M)(3.1M)
Capital Expenditures88.3M63.5M104.6M113.8M83.0M84.8M
Net Income60.2M35.6M36.6M55.9M64.7M67.9M
End Period Cash Flow109.5M139.0M139.5M49.6M82.9M72.6M
Dividends Paid80.6M76.5M88.9M98.2M(80.2M)(76.2M)
Change To Inventory456K2.3M(971K)(1.7M)(2.0M)(2.1M)
Investments(599.2M)(69.1M)(37K)(166.3M)(96.9M)(101.8M)
Change Receivables(1.1M)(4.9M)2.3M(404K)(464.6K)(487.8K)
Net Borrowings64.1M48.9M234.2M(3.7M)(4.3M)(4.0M)
Change To Netincome3.4M(25.6M)(3.6M)(3.1M)(2.7M)(2.6M)

American Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining American Assets's current stock value. Our valuation model uses many indicators to compare American Assets value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American Assets competition to find correlations between indicators driving American Assets's intrinsic value. More Info.
American Assets Trust is number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.39  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for American Assets Trust is roughly  2.58 . At this time, American Assets' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value American Assets by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

American Assets Trust Systematic Risk

American Assets' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. American Assets volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on American Assets Trust correlated with the market. If Beta is less than 0 American Assets generally moves in the opposite direction as compared to the market. If American Assets Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American Assets Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American Assets is generally in the same direction as the market. If Beta > 1 American Assets moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in American Assets Stock are looking for potential investment opportunities by analyzing not only static indicators but also various American Assets' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of American Assets growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.86

At this time, American Assets' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

American Assets December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of American Assets help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of American Assets Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of American Assets Trust based on widely used predictive technical indicators. In general, we focus on analyzing American Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build American Assets's daily price indicators and compare them against related drivers.

Additional Tools for American Stock Analysis

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