American Capital Expenditures vs Net Income Analysis

AAT Stock

USD 27.81 0.19 0.68%

American Assets financial indicator trend analysis is way more than just evaluating American Assets Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Assets Trust is a good investment. Please check the relationship between American Assets Capital Expenditures and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Assets Trust Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between American Assets' Capital Expenditures and Net Income is -0.16. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of American Assets Trust, assuming nothing else is changed. The correlation between historical values of American Assets' Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of American Assets Trust are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., American Assets' Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

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Capital Expenditures

Capital Expenditures are funds used by American Assets Trust to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of American Assets operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in American Assets Trust financial statement analysis. It represents the amount of money remaining after all of American Assets Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from American Assets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Assets Trust 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 Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, American Assets' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 18.37 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	58.6M	58.2M	64.7M	58.0M
Depreciation And Amortization	276.0M	307.9M	119.5M	119.3M

Interest Expense Depreciation And Amortization

American Assets fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Net Tangible Assets
Common Stock Shares Outstanding		0.79	0.83	-0.45	0.58	0.71	0.62	-0.45	0.85	0.7	0.43	0.78	0.71	0.87	0.82	0.34	0.8	-0.19	0.83	-0.55	0.66	0.85	-0.45	0.54	0.45	0.74
Total Assets	0.79		0.96	-0.44	0.57	0.98	0.77	-0.51	0.94	0.95	0.61	1.0	0.89	0.72	0.95	0.52	0.61	-0.26	0.96	-0.76	0.92	0.97	-0.51	0.57	0.79	0.92
Short Long Term Debt Total	0.83	0.96		-0.45	0.51	0.89	0.65	-0.49	0.99	0.9	0.51	0.96	0.85	0.77	0.99	0.42	0.69	-0.31	0.99	-0.8	0.86	1.0	-0.49	0.61	0.7	0.9
Other Current Liab	-0.45	-0.44	-0.45		-0.04	-0.39	-0.53	0.12	-0.41	-0.41	-0.57	-0.4	-0.31	-0.46	-0.48	-0.51	-0.42	0.05	-0.5	0.57	-0.5	-0.47	0.12	-0.63	-0.45	-0.39
Total Current Liabilities	0.58	0.57	0.51	-0.04		0.57	0.6	-0.48	0.51	0.6	0.28	0.59	0.61	0.46	0.42	0.2	0.36	-0.37	0.44	-0.18	0.47	0.54	-0.48	0.08	0.5	0.49
Total Stockholder Equity	0.71	0.98	0.89	-0.39	0.57		0.8	-0.49	0.85	0.94	0.65	0.98	0.87	0.64	0.87	0.56	0.51	-0.26	0.89	-0.71	0.94	0.91	-0.49	0.51	0.82	0.91
Other Liab	0.62	0.77	0.65	-0.53	0.6	0.8		-0.37	0.59	0.76	0.79	0.77	0.67	0.59	0.61	0.72	0.41	0.12	0.66	-0.48	0.72	0.69	-0.37	0.49	0.79	0.63
Property Plant And Equipment Net	-0.45	-0.51	-0.49	0.12	-0.48	-0.49	-0.37		-0.54	-0.49	0.1	-0.56	-0.84	-0.24	-0.46	0.25	-0.16	0.45	-0.46	0.33	-0.32	-0.5	1.0	0.29	-0.23	-0.4
Net Debt	0.85	0.94	0.99	-0.41	0.51	0.85	0.59	-0.54		0.87	0.41	0.93	0.85	0.76	0.99	0.32	0.69	-0.33	0.98	-0.79	0.8	0.99	-0.54	0.55	0.63	0.87
Accounts Payable	0.7	0.95	0.9	-0.41	0.6	0.94	0.76	-0.49	0.87		0.59	0.95	0.85	0.65	0.88	0.5	0.53	-0.31	0.89	-0.72	0.9	0.92	-0.49	0.52	0.83	0.86
Cash	0.43	0.61	0.51	-0.57	0.28	0.65	0.79	0.1	0.41	0.59		0.57	0.32	0.48	0.5	0.98	0.37	0.1	0.54	-0.42	0.66	0.54	0.1	0.76	0.67	0.58
Non Current Assets Total	0.78	1.0	0.96	-0.4	0.59	0.98	0.77	-0.56	0.93	0.95	0.57		0.92	0.69	0.93	0.48	0.57	-0.28	0.95	-0.74	0.91	0.96	-0.56	0.5	0.77	0.91
Non Currrent Assets Other	0.71	0.89	0.85	-0.31	0.61	0.87	0.67	-0.84	0.85	0.85	0.32	0.92		0.53	0.82	0.19	0.4	-0.38	0.83	-0.6	0.74	0.86	-0.84	0.17	0.61	0.77
Other Assets	0.87	0.72	0.77	-0.46	0.46	0.64	0.59	-0.24	0.76	0.65	0.48	0.69	0.53		0.76	0.42	0.97	-0.12	0.77	-0.72	0.66	0.78	-0.24	0.7	0.6	0.76
Long Term Debt	0.82	0.95	0.99	-0.48	0.42	0.87	0.61	-0.46	0.99	0.88	0.5	0.93	0.82	0.76		0.42	0.69	-0.27	1.0	-0.82	0.84	0.99	-0.46	0.63	0.67	0.88
Cash And Short Term Investments	0.34	0.52	0.42	-0.51	0.2	0.56	0.72	0.25	0.32	0.5	0.98	0.48	0.19	0.42	0.42		0.31	0.2	0.45	-0.35	0.59	0.45	0.25	0.76	0.61	0.48
Net Receivables	0.8	0.61	0.69	-0.42	0.36	0.51	0.41	-0.16	0.69	0.53	0.37	0.57	0.4	0.97	0.69	0.31		-0.2	0.69	-0.71	0.56	0.69	-0.16	0.7	0.5	0.72
Short Term Investments	-0.19	-0.26	-0.31	0.05	-0.37	-0.26	0.12	0.45	-0.33	-0.31	0.1	-0.28	-0.38	-0.12	-0.27	0.2	-0.2		-0.25	0.29	-0.23	-0.29	0.45	0.05	-0.09	-0.41
Non Current Liabilities Total	0.83	0.96	0.99	-0.5	0.44	0.89	0.66	-0.46	0.98	0.89	0.54	0.95	0.83	0.77	1.0	0.45	0.69	-0.25		-0.82	0.86	0.99	-0.46	0.64	0.69	0.89
Other Current Assets	-0.55	-0.76	-0.8	0.57	-0.18	-0.71	-0.48	0.33	-0.79	-0.72	-0.42	-0.74	-0.6	-0.72	-0.82	-0.35	-0.71	0.29	-0.82		-0.74	-0.79	0.33	-0.65	-0.71	-0.8
Other Stockholder Equity	0.66	0.92	0.86	-0.5	0.47	0.94	0.72	-0.32	0.8	0.9	0.66	0.91	0.74	0.66	0.84	0.59	0.56	-0.23	0.86	-0.74		0.86	-0.32	0.61	0.85	0.86
Total Liab	0.85	0.97	1.0	-0.47	0.54	0.91	0.69	-0.5	0.99	0.92	0.54	0.96	0.86	0.78	0.99	0.45	0.69	-0.29	0.99	-0.79	0.86		-0.5	0.61	0.72	0.89
Property Plant And Equipment Gross	-0.45	-0.51	-0.49	0.12	-0.48	-0.49	-0.37	1.0	-0.54	-0.49	0.1	-0.56	-0.84	-0.24	-0.46	0.25	-0.16	0.45	-0.46	0.33	-0.32	-0.5		0.29	-0.23	-0.4
Total Current Assets	0.54	0.57	0.61	-0.63	0.08	0.51	0.49	0.29	0.55	0.52	0.76	0.5	0.17	0.7	0.63	0.76	0.7	0.05	0.64	-0.65	0.61	0.61	0.29		0.59	0.64
Intangible Assets	0.45	0.79	0.7	-0.45	0.5	0.82	0.79	-0.23	0.63	0.83	0.67	0.77	0.61	0.6	0.67	0.61	0.5	-0.09	0.69	-0.71	0.85	0.72	-0.23	0.59		0.78
Net Tangible Assets	0.74	0.92	0.9	-0.39	0.49	0.91	0.63	-0.4	0.87	0.86	0.58	0.91	0.77	0.76	0.88	0.48	0.72	-0.41	0.89	-0.8	0.86	0.89	-0.4	0.64	0.78

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American Assets Account Relationship Matchups

American Assets fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	54.1M	76.1M	76.2M	76.2M	76.3M	67.0M
Total Assets	2.8B	2.8B	3.0B	3.0B	3.0B	2.3B
Short Long Term Debt Total	1.4B	1.4B	1.6B	1.7B	1.7B	1.3B
Other Current Liab	(76.6M)	(150M)	(1.7B)	(22.0M)	(91.1M)	(95.7M)
Total Current Liabilities	70.9M	165.0M	72.4M	108.7M	98.1M	75.3M
Total Stockholder Equity	1.3B	1.3B	1.2B	1.2B	1.2B	862.2M
Other Liab	69.7M	97.9M	94.1M	62.4M	71.8M	65.0M
Net Debt	1.3B	1.3B	1.5B	1.6B	1.6B	1.2B
Accounts Payable	62.6M	59.3M	64.5M	66.0M	61.3M	43.8M
Cash	99.3M	137.3M	139.5M	49.6M	82.9M	73.7M
Non Current Assets Total	2.7B	2.7B	2.8B	2.8B	2.8B	2.2B
Non Currrent Assets Other	2.6B	2.6B	2.7B	2.8B	2.7B	1.8B
Other Assets	46.4M	2.7B	2.9B	2.8B	2.8B	2.9B
Long Term Debt	1.4B	1.3B	1.6B	1.6B	1.7B	1.3B
Cash And Short Term Investments	99.3M	137.3M	139.5M	49.6M	82.9M	75.7M
Net Receivables	12.0M	79.4M	90.2M	95.0M	96.8M	101.7M
Liabilities And Stockholders Equity	2.8B	2.8B	3.0B	3.0B	3.0B	2.3B
Non Current Liabilities Total	1.4B	1.4B	1.7B	1.7B	1.7B	1.3B
Other Current Assets	(173.6M)	10.4M	(229.7M)	(144.6M)	(179.7M)	(170.7M)
Other Stockholder Equity	1.6B	1.4B	1.7B	1.7B	1.1B	1.0B
Total Liab	1.5B	1.6B	1.8B	1.8B	1.8B	1.4B
Total Current Assets	121.5M	146.0M	229.7M	144.6M	190.2M	126.8M
Accumulated Other Comprehensive Income	5.7M	1.8M	2.9M	10.6M	8.3M	8.7M
Intangible Assets	76.8M	67.1M	70.3M	64.2M	57.2M	50.0M
Net Tangible Assets	1.3B	1.3B	1.2B	1.2B	1.4B	1.0B
Noncontrolling Interest In Consolidated Entity	(20.2M)	(18.0M)	(28.8M)	(35.7M)	(32.2M)	(30.6M)
Retained Earnings	(144.4M)	(176.6M)	(217.8M)	(251.2M)	(280.2M)	(266.2M)
Common Stock Total Equity	474K	601K	605K	607K	698.1K	541.6K
Retained Earnings Total Equity	(144.4M)	(176.6M)	(217.8M)	(251.2M)	(226.1M)	(214.7M)
Long Term Debt Total	1.4B	1.3B	1.6B	1.6B	1.9B	1.3B
Capital Surpluse	1.5B	1.4B	1.5B	1.5B	1.7B	1.1B
Deferred Long Term Liab	46.4M	39.2M	39.2M	39.7M	45.7M	25.6M
Non Current Liabilities Other	68.1M	91.3M	86.2M	79.6M	16.6M	15.8M
Short Term Debt	51.0M	150M	1.6B	34.1M	100M	188.1M

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