American Other Current Assets vs Total Assets Analysis

0HEJ Stock   37.18  0.70  1.85%   
American Homes financial indicator trend analysis is way more than just evaluating American Homes 4 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Homes 4 is a good investment. Please check the relationship between American Homes Other Current Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Homes 4. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Homes 4 Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between American Homes' Other Current Assets and Total Assets is 0.84. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of American Homes 4, assuming nothing else is changed. The correlation between historical values of American Homes' Other Current Assets and Total Assets 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 Current Assets of American Homes 4 are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., American Homes' Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of American Homes 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 American Homes 4 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.
Most indicators from American Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Homes 4 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 American Homes 4. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 41.2 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit370.4M419.1M883.9M928.1M
Total Revenue1.3B1.5B1.6B996.9M

American Homes fundamental ratios Correlations

0.780.490.180.00.91-0.640.44-0.510.660.38-0.510.721.00.840.20.920.780.660.97-0.52-0.270.67-0.62-0.270.59
0.780.670.70.310.82-0.070.54-0.630.93-0.04-0.630.760.770.950.70.790.80.910.83-0.86-0.370.89-0.77-0.420.01
0.490.670.410.620.72-0.170.97-0.660.560.23-0.660.430.470.580.410.710.530.540.53-0.61-0.930.5-0.69-0.240.14
0.180.70.410.540.340.610.24-0.580.85-0.61-0.580.540.20.571.00.270.290.850.25-0.83-0.220.77-0.49-0.39-0.66
0.00.310.620.540.240.350.63-0.740.43-0.35-0.740.230.030.110.530.19-0.150.420.02-0.33-0.60.29-0.34-0.01-0.37
0.910.820.720.340.24-0.510.66-0.640.740.32-0.640.710.910.860.351.00.760.730.94-0.66-0.570.78-0.77-0.290.45
-0.64-0.07-0.170.610.35-0.51-0.26-0.010.13-0.78-0.01-0.17-0.62-0.220.6-0.56-0.390.12-0.56-0.180.190.060.15-0.05-0.98
0.440.540.970.240.630.66-0.26-0.620.410.31-0.620.330.410.450.240.660.440.390.47-0.45-0.940.35-0.62-0.10.24
-0.51-0.63-0.66-0.58-0.74-0.64-0.01-0.62-0.730.041.0-0.42-0.53-0.5-0.58-0.6-0.18-0.75-0.470.470.54-0.570.53-0.030.03
0.660.930.560.850.430.740.130.41-0.73-0.26-0.730.770.680.870.860.70.60.990.7-0.88-0.30.95-0.69-0.42-0.2
0.38-0.040.23-0.61-0.350.32-0.780.310.04-0.260.04-0.30.330.05-0.610.380.25-0.270.330.34-0.28-0.210.040.220.8
-0.51-0.63-0.66-0.58-0.74-0.64-0.01-0.621.0-0.730.04-0.42-0.53-0.5-0.58-0.6-0.18-0.75-0.470.470.54-0.570.53-0.030.03
0.720.760.430.540.230.71-0.170.33-0.420.77-0.3-0.420.740.790.560.690.660.780.73-0.81-0.220.76-0.72-0.570.11
1.00.770.470.20.030.91-0.620.41-0.530.680.33-0.530.740.820.220.910.740.680.96-0.52-0.260.68-0.6-0.280.56
0.840.950.580.570.110.86-0.220.45-0.50.870.05-0.50.790.820.590.840.910.840.9-0.84-0.310.9-0.81-0.40.15
0.20.70.411.00.530.350.60.24-0.580.86-0.61-0.580.560.220.590.290.310.860.26-0.84-0.220.78-0.51-0.41-0.65
0.920.790.710.270.191.0-0.560.66-0.60.70.38-0.60.690.910.840.290.770.680.94-0.62-0.570.74-0.74-0.290.51
0.780.80.530.29-0.150.76-0.390.44-0.180.60.25-0.180.660.740.910.310.770.570.85-0.71-0.30.69-0.73-0.380.33
0.660.910.540.850.420.730.120.39-0.750.99-0.27-0.750.780.680.840.860.680.570.68-0.87-0.290.91-0.67-0.42-0.18
0.970.830.530.250.020.94-0.560.47-0.470.70.33-0.470.730.960.90.260.940.850.68-0.59-0.30.76-0.7-0.30.51
-0.52-0.86-0.61-0.83-0.33-0.66-0.18-0.450.47-0.880.340.47-0.81-0.52-0.84-0.84-0.62-0.71-0.87-0.590.42-0.870.770.580.25
-0.27-0.37-0.93-0.22-0.6-0.570.19-0.940.54-0.3-0.280.54-0.22-0.26-0.31-0.22-0.57-0.3-0.29-0.30.42-0.270.540.14-0.17
0.670.890.50.770.290.780.060.35-0.570.95-0.21-0.570.760.680.90.780.740.690.910.76-0.87-0.27-0.72-0.42-0.15
-0.62-0.77-0.69-0.49-0.34-0.770.15-0.620.53-0.690.040.53-0.72-0.6-0.81-0.51-0.74-0.73-0.67-0.70.770.54-0.720.28-0.11
-0.27-0.42-0.24-0.39-0.01-0.29-0.05-0.1-0.03-0.420.22-0.03-0.57-0.28-0.4-0.41-0.29-0.38-0.42-0.30.580.14-0.420.280.1
0.590.010.14-0.66-0.370.45-0.980.240.03-0.20.80.030.110.560.15-0.650.510.33-0.180.510.25-0.17-0.15-0.110.1
Click cells to compare fundamentals

American Homes Account Relationship Matchups

American Homes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B9.6B11.0B12.2B12.7B6.7B
Other Current Liab238.9M284.2M323.7M457.9M519.3M263.3M
Total Current Liabilities243.9M284.6M324.8M463.6M1.5B1.6B
Total Stockholder Equity5.3B5.8B6.1B6.5B7.0B6.1B
Property Plant And Equipment Net8.1B18.8M17.3M19.1M11.0B11.6B
Net Debt2.7B2.6B3.7B4.3B4.4B4.6B
Retained Earnings(465.4M)(443.5M)(438.7M)(440.8M)(394.9M)(375.2M)
Accounts Payable5.0M432K1.1M5.7M36.1M37.9M
Cash164.1M265.1M191.8M218.0M59.4M56.4M
Non Current Assets Total8.6B8.9B10.1B11.2B11.7B8.4B
Non Currrent Assets Other(8.8B)(922.6M)(1.2B)(1.3B)433.9M455.6M
Cash And Short Term Investments164.1M265.1M191.8M218.0M59.4M56.4M
Net Receivables66.5M40.7M39.7M42.8M42.8M29.8M
Common Stock Shares Outstanding299.9M307.1M325.5M349.8M362.5M200.1M
Other Current Assets440.8M487.0M818.9M893.5M863.9M435.9M
Other Stockholder Equity5.8B6.2B6.5B6.9B7.4B6.5B
Total Liab3.1B3.1B4.2B5.0B5.0B5.3B
Total Current Assets505.3M664.8M906.8M1.0B966.1M577.5M
Common Stock3.0M3.2M3.4M3.5M3.6M2.9M
Short Long Term Debt Total2.8B2.8B3.9B4.5B4.5B2.4B
Other Assets(9.1B)(9.6B)(10.9B)(12.1B)(11.7B)(11.1B)
Liabilities And Stockholders Equity9.1B9.6B11.0B12.2B12.7B8.0B
Non Current Liabilities Total2.8B2.8B3.9B4.5B3.5B3.1B
Accumulated Other Comprehensive Income6.7M5.8M1.8M1.3M843.0K800.8K
Intangible Assets6.8M(10.2M)13.1M10.2M9.2M11.5M
Current Deferred Revenue20.0M24.4M31.2M26.9M30.3M31.8M
Short Term Debt20.7M39.9M39.4M41.5M952.9M626.4M
Long Term Debt2.5B2.8B2.8B2.8B3.2B3.0B
Capital Surpluse5.6B5.7B5.8B6.2B7.2B6.1B
Property Plant Equipment8.1B8.5B9.6B10.5B12.1B9.5B
Net Tangible Assets5.2B5.7B5.9B6.4B7.3B6.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for American Stock Analysis

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