Acres Property Plant Equipment vs Total Current Assets Analysis

ACR Stock  USD 17.34  0.02  0.12%   
Acres Commercial financial indicator trend analysis is way more than just evaluating Acres Commercial Realty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acres Commercial Realty is a good investment. Please check the relationship between Acres Commercial Property Plant Equipment and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acres Commercial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acres Commercial Realty Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Acres Commercial's Property Plant Equipment and Total Current Assets is -0.4. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Acres Commercial Realty, assuming nothing else is changed. The correlation between historical values of Acres Commercial's Property Plant Equipment and Total Current 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 Property Plant Equipment of Acres Commercial Realty are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Acres Commercial's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Acres Commercial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acres Commercial Realty 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 Acres Commercial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Acres Commercial's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Enterprise Value is likely to grow to about 1.9 B, while Discontinued Operations is likely to drop (237.2 K).
 2021 2022 2023 2024 (projected)
Interest Expense61.6M82.3M130.8M73.5M
Depreciation And Amortization4.6M65.1M91K86.5K

Acres Commercial fundamental ratios Correlations

0.640.18-0.160.53-0.080.570.20.39-0.09-0.20.210.64-0.030.230.060.370.10.3-0.10.170.65-0.03-0.050.370.06
0.64-0.040.09-0.27-0.580.89-0.010.61-0.580.12-0.390.310.5-0.3-0.4-0.17-0.33-0.14-0.05-0.210.85-0.240.28-0.170.4
0.18-0.04-1.00.330.16-0.18-0.460.00.24-0.830.10.650.3-0.010.010.130.53-0.130.10.59-0.12-0.11-0.880.130.39
-0.160.09-1.0-0.36-0.210.230.440.01-0.30.84-0.12-0.65-0.26-0.010.0-0.17-0.540.12-0.08-0.60.160.110.88-0.17-0.37
0.53-0.270.33-0.360.47-0.30.12-0.080.59-0.480.530.51-0.590.630.550.620.630.51-0.120.6-0.140.24-0.420.62-0.3
-0.08-0.580.16-0.210.47-0.470.32-0.40.38-0.190.40.13-0.390.190.330.350.090.07-0.190.11-0.34-0.06-0.330.35-0.41
0.570.89-0.180.23-0.3-0.470.170.47-0.680.25-0.380.220.35-0.23-0.3-0.09-0.36-0.010.02-0.270.97-0.190.38-0.090.07
0.2-0.01-0.460.440.120.320.170.090.110.470.29-0.16-0.280.20.070.63-0.580.21-0.52-0.680.26-0.040.350.63-0.48
0.390.610.00.01-0.08-0.40.470.09-0.09-0.15-0.380.370.49-0.09-0.280.22-0.15-0.08-0.47-0.110.5-0.20.060.220.37
-0.09-0.580.24-0.30.590.38-0.680.11-0.09-0.260.450.0-0.490.590.330.460.380.31-0.210.33-0.520.4-0.310.46-0.07
-0.20.12-0.830.84-0.48-0.190.250.47-0.15-0.26-0.15-0.81-0.250.02-0.01-0.23-0.660.150.05-0.710.20.20.89-0.23-0.37
0.21-0.390.1-0.120.530.4-0.380.29-0.380.45-0.150.07-0.40.490.260.40.120.41-0.020.06-0.280.32-0.180.4-0.11
0.640.310.65-0.650.510.130.22-0.160.370.0-0.810.070.31-0.15-0.080.350.36-0.2-0.150.490.3-0.46-0.70.350.34
-0.030.50.3-0.26-0.59-0.390.35-0.280.49-0.49-0.25-0.40.31-0.75-0.55-0.27-0.37-0.7-0.12-0.230.26-0.6-0.26-0.270.76
0.23-0.3-0.01-0.010.630.19-0.230.2-0.090.590.020.49-0.15-0.750.530.460.50.95-0.040.32-0.10.860.140.46-0.52
0.06-0.40.010.00.550.33-0.30.07-0.280.33-0.010.26-0.08-0.550.530.230.40.50.020.36-0.230.43-0.110.23-0.53
0.37-0.170.13-0.170.620.35-0.090.630.220.46-0.230.40.35-0.270.460.230.080.37-0.68-0.030.060.06-0.231.0-0.27
0.1-0.330.53-0.540.630.09-0.36-0.58-0.150.38-0.660.120.36-0.370.50.40.080.420.290.94-0.310.4-0.50.08-0.13
0.3-0.14-0.130.120.510.07-0.010.21-0.080.310.150.41-0.2-0.70.950.50.370.420.030.230.080.860.310.37-0.59
-0.1-0.050.1-0.08-0.12-0.190.02-0.52-0.47-0.210.05-0.02-0.15-0.12-0.040.02-0.680.290.030.32-0.050.16-0.02-0.68-0.05
0.17-0.210.59-0.60.60.11-0.27-0.68-0.110.33-0.710.060.49-0.230.320.36-0.030.940.230.32-0.220.23-0.56-0.030.06
0.650.85-0.120.16-0.14-0.340.970.260.5-0.520.2-0.280.30.26-0.1-0.230.06-0.310.08-0.05-0.22-0.140.330.060.02
-0.03-0.24-0.110.110.24-0.06-0.19-0.04-0.20.40.20.32-0.46-0.60.860.430.060.40.860.160.23-0.140.340.06-0.4
-0.050.28-0.880.88-0.42-0.330.380.350.06-0.310.89-0.18-0.7-0.260.14-0.11-0.23-0.50.31-0.02-0.560.330.34-0.23-0.32
0.37-0.170.13-0.170.620.35-0.090.630.220.46-0.230.40.35-0.270.460.231.00.080.37-0.68-0.030.060.06-0.23-0.27
0.060.40.39-0.37-0.3-0.410.07-0.480.37-0.07-0.37-0.110.340.76-0.52-0.53-0.27-0.13-0.59-0.050.060.02-0.4-0.32-0.27
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Acres Commercial Account Relationship Matchups

Acres Commercial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B1.7B2.3B2.4B2.2B2.4B
Short Long Term Debt Total1.9B1.3B1.9B2.2B1.7B1.8B
Other Current Liab(7.8M)(49.7M)(13.0M)(17.3M)3.8M4.0M
Total Current Liabilities7.8M49.7M13.0M17.3M12.4M11.8M
Total Stockholder Equity556.4M334.4M448.2M435.5M435.8M536.1M
Net Debt1.8B1.3B1.8B1.8B1.6B1.2B
Retained Earnings(530.5M)(741.6M)(723.6M)(732.4M)(729.4M)(692.9M)
Accounts Payable7.8M8.1M13.0M17.3M8.5M10.3M
Cash80.0M29.4M35.5M66.2M83.4M78.1M
Non Current Assets Total522.4M12.7M11.8M29.2M29.6M28.1M
Non Currrent Assets Other(522.4M)(1.7B)(2.3B)(2.4B)(29.6M)(31.1M)
Other Assets1.3B1.6B2.2B2.3B2.1B2.0B
Long Term Debt4.6M1.3B1.8B1.9B1.7B1.8B
Cash And Short Term Investments600.7M31.4M35.5M67.8M83.4M79.3M
Net Receivables27.6M14.9M24.7M13.3M12.6M11.9M
Common Stock Shares Outstanding10.6M10.8M9.8M8.8M8.6M8.0M
Short Term Investments419.0M520.7M2.1M1.5M1.8M1.7M
Liabilities And Stockholders Equity2.5B1.7B2.3B2.4B2.2B2.4B
Non Current Liabilities Total1.9B1.3B1.8B17.3M1.7B1.1B
Other Stockholder Equity1.1B1.1B1.2B1.2B1.2B949.6M
Total Liab1.9B1.3B1.8B1.9B1.7B1.3B
Total Current Assets628.2M46.3M60.2M79.7M96.0M91.2M
Accumulated Other Comprehensive Income1.8M(10.0M)(8.1M)(6.4M)(4.8M)(5.0M)
Short Term Debt621.9M41.6M71.2M331.0M94.7M90.0M
Property Plant Equipment89K33.8M65.3M141.2M162.4M170.6M
Inventory(30.0K)1.017.8M53.8M62.6M65.7M
Other Current Assets(124.4M)(94.5M)(326.5M)(171.9M)(167.1M)(158.7M)
Property Plant And Equipment Net89K5.8M6.4M20.6M20.2M21.2M
Property Plant And Equipment Gross89K5.8M6.4M20.6M20.2M21.2M
Net Tangible Assets556.4M331.1M444.3M426.6M383.9M494.8M
Retained Earnings Total Equity(530.5M)(741.6M)(723.6M)(732.4M)(659.1M)(626.2M)
Long Term Debt Total4.6M1.3B1.8B1.9B2.1B2.3B
Capital Surpluse1.1B1.1B1.2B1.2B1.1B922.4M
Long Term Investments21.1M5.8M19.4M55.3M1.5M1.5M

Pair Trading with Acres Commercial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acres Commercial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acres Commercial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acres Stock

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The ability to find closely correlated positions to Acres Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acres Commercial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acres Commercial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acres Commercial Realty to buy it.
The correlation of Acres Commercial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acres Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acres Commercial Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acres Commercial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Acres Stock Analysis

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