Albany Free Cash Flow vs Cash Flow To Debt Ratio Analysis

AIN Stock

USD 81.96 0.15 0.18%

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

To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.

Free Cash Flow vs Cash Flow To Debt Ratio

Free Cash Flow vs Cash Flow To Debt Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Albany International Free Cash Flow account and Cash Flow To Debt Ratio. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Albany International's Free Cash Flow and Cash Flow To Debt Ratio is 0.85. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Flow To Debt Ratio in the same time period over historical financial statements of Albany International, assuming nothing else is changed. The correlation between historical values of Albany International's Free Cash Flow and Cash Flow To Debt Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Albany International are associated (or correlated) with its Cash Flow To Debt Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flow To Debt Ratio has no effect on the direction of Free Cash Flow i.e., Albany International's Free Cash Flow and Cash Flow To Debt Ratio go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Cash Flow To Debt Ratio

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

To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.As of the 13th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.25, while Selling General Administrative is likely to drop about 186 M.

	2021	2022	2023	2024 (projected)
Gross Profit	378.4M	389.8M	417.4M	334.9M
Total Revenue	929.2M	1.0B	1.1B	848.5M

Gross Profit Total Revenue

Albany International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.79	0.59	0.84	0.81	0.91	0.31	0.8	0.74	0.97	0.65	0.74	0.72	0.65	0.8	0.53	0.61	0.17	0.89	0.55	0.97	-0.18	0.37	0.77	-0.33	0.88
Short Long Term Debt Total	0.79		0.45	0.64	0.53	0.77	0.77	0.55	0.4	0.88	0.38	0.4	0.55	0.51	0.91	0.47	0.43	0.2	0.9	0.32	0.67	-0.15	0.66	0.6	-0.23	0.64
Other Current Liab	0.59	0.45		0.56	0.76	0.54	0.03	0.7	0.54	0.57	0.15	0.54	0.68	0.6	0.27	0.21	0.62	0.31	0.38	0.48	0.58	-0.02	0.44	0.57	-0.88	0.56
Total Current Liabilities	0.84	0.64	0.56		0.71	0.86	0.21	0.69	0.62	0.83	0.42	0.62	0.64	0.65	0.61	0.56	0.51	0.14	0.78	0.5	0.81	0.34	0.18	0.61	-0.35	0.84
Total Stockholder Equity	0.81	0.53	0.76	0.71		0.73	0.06	0.99	0.56	0.74	0.62	0.56	0.94	0.67	0.53	0.65	0.89	0.03	0.63	0.83	0.83	-0.16	0.35	0.73	-0.48	0.78
Property Plant And Equipment Net	0.91	0.77	0.54	0.86	0.73		0.43	0.72	0.52	0.92	0.39	0.52	0.7	0.66	0.79	0.65	0.54	0.16	0.88	0.51	0.85	-0.04	0.23	0.66	-0.28	0.97
Net Debt	0.31	0.77	0.03	0.21	0.06	0.43		0.13	-0.26	0.45	0.01	-0.26	0.26	0.04	0.67	0.31	0.16	-0.03	0.59	0.04	0.15	-0.12	0.62	0.31	0.14	0.26
Retained Earnings	0.8	0.55	0.7	0.69	0.99	0.72	0.13		0.5	0.73	0.65	0.5	0.95	0.63	0.54	0.68	0.91	-0.04	0.64	0.87	0.82	-0.18	0.39	0.76	-0.42	0.77
Cash	0.74	0.4	0.54	0.62	0.56	0.52	-0.26	0.5		0.65	0.51	1.0	0.29	0.61	0.39	0.13	0.26	0.36	0.49	0.27	0.78	-0.06	0.07	0.43	-0.49	0.56
Non Current Assets Total	0.97	0.88	0.57	0.83	0.74	0.92	0.45	0.73	0.65		0.55	0.65	0.67	0.71	0.89	0.51	0.51	0.31	0.95	0.43	0.88	-0.16	0.44	0.68	-0.29	0.86
Non Currrent Assets Other	0.65	0.38	0.15	0.42	0.62	0.39	0.01	0.65	0.51	0.55		0.51	0.57	0.27	0.51	0.31	0.58	-0.17	0.53	0.56	0.7	-0.4	0.28	0.63	0.14	0.37
Cash And Short Term Investments	0.74	0.4	0.54	0.62	0.56	0.52	-0.26	0.5	1.0	0.65	0.51		0.29	0.61	0.39	0.13	0.26	0.36	0.49	0.27	0.78	-0.06	0.07	0.43	-0.49	0.56
Net Receivables	0.72	0.55	0.68	0.64	0.94	0.7	0.26	0.95	0.29	0.67	0.57	0.29		0.51	0.54	0.65	0.94	-0.14	0.61	0.85	0.73	-0.19	0.42	0.76	-0.35	0.71
Common Stock Shares Outstanding	0.65	0.51	0.6	0.65	0.67	0.66	0.04	0.63	0.61	0.71	0.27	0.61	0.51		0.58	0.43	0.31	0.66	0.65	0.3	0.55	0.05	0.09	0.18	-0.44	0.7
Non Current Liabilities Total	0.8	0.91	0.27	0.61	0.53	0.79	0.67	0.54	0.39	0.89	0.51	0.39	0.54	0.58		0.51	0.37	0.24	0.97	0.3	0.67	-0.28	0.43	0.49	0.05	0.67
Inventory	0.53	0.47	0.21	0.56	0.65	0.65	0.31	0.68	0.13	0.51	0.31	0.13	0.65	0.43	0.51		0.64	-0.25	0.57	0.73	0.52	0.11	0.14	0.41	-0.05	0.68
Other Current Assets	0.61	0.43	0.62	0.51	0.89	0.54	0.16	0.91	0.26	0.51	0.58	0.26	0.94	0.31	0.37	0.64		-0.37	0.44	0.9	0.68	-0.19	0.42	0.77	-0.37	0.57
Other Stockholder Equity	0.17	0.2	0.31	0.14	0.03	0.16	-0.03	-0.04	0.36	0.31	-0.17	0.36	-0.14	0.66	0.24	-0.25	-0.37		0.23	-0.43	0.01	0.03	0.07	-0.29	-0.33	0.16
Total Liab	0.89	0.9	0.38	0.78	0.63	0.88	0.59	0.64	0.49	0.95	0.53	0.49	0.61	0.65	0.97	0.57	0.44	0.23		0.38	0.77	-0.12	0.4	0.57	-0.07	0.78
Property Plant And Equipment Gross	0.55	0.32	0.48	0.5	0.83	0.51	0.04	0.87	0.27	0.43	0.56	0.27	0.85	0.3	0.3	0.73	0.9	-0.43	0.38		0.64	-0.14	0.25	0.73	-0.23	0.56
Total Current Assets	0.97	0.67	0.58	0.81	0.83	0.85	0.15	0.82	0.78	0.88	0.7	0.78	0.73	0.55	0.67	0.52	0.68	0.01	0.77	0.64		-0.19	0.28	0.81	-0.34	0.85
Short Term Debt	-0.18	-0.15	-0.02	0.34	-0.16	-0.04	-0.12	-0.18	-0.06	-0.16	-0.4	-0.06	-0.19	0.05	-0.28	0.11	-0.19	0.03	-0.12	-0.14	-0.19		-0.22	-0.28	-0.17	-0.01
Intangible Assets	0.37	0.66	0.44	0.18	0.35	0.23	0.62	0.39	0.07	0.44	0.28	0.07	0.42	0.09	0.43	0.14	0.42	0.07	0.4	0.25	0.28	-0.22		0.56	-0.3	0.12
Accounts Payable	0.77	0.6	0.57	0.61	0.73	0.66	0.31	0.76	0.43	0.68	0.63	0.43	0.76	0.18	0.49	0.41	0.77	-0.29	0.57	0.73	0.81	-0.28	0.56		-0.31	0.62
Current Deferred Revenue	-0.33	-0.23	-0.88	-0.35	-0.48	-0.28	0.14	-0.42	-0.49	-0.29	0.14	-0.49	-0.35	-0.44	0.05	-0.05	-0.37	-0.33	-0.07	-0.23	-0.34	-0.17	-0.3	-0.31		-0.36
Common Stock Total Equity	0.88	0.64	0.56	0.84	0.78	0.97	0.26	0.77	0.56	0.86	0.37	0.56	0.71	0.7	0.67	0.68	0.57	0.16	0.78	0.56	0.85	-0.01	0.12	0.62	-0.36

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Albany International Account Relationship Matchups

Albany International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.5B	1.6B	1.6B	1.8B	1.2B
Short Long Term Debt Total	424.0M	398.0M	355.3M	444.9M	514.9M	363.6M
Other Current Liab	131.8M	119.6M	126.9M	105.3M	128.5M	135.0M
Total Current Liabilities	202.7M	190.9M	208.2M	211.3M	248.7M	181.3M
Total Stockholder Equity	698.7M	816.1M	874.0M	863.0M	961.4M	1.0B
Property Plant And Equipment Net	466.5M	448.6M	436.4M	445.7M	652.8M	417.0M
Net Debt	228.5M	156.7M	48.0M	153.2M	341.4M	193.6M
Retained Earnings	698.5M	770.7M	863.1M	931.3M	1.0B	1.1B
Cash	195.5M	241.3M	302.0M	291.8M	173.4M	97.3M
Non Current Assets Total	856.0M	832.7M	797.3M	803.8M	957.1M	664.0M
Non Currrent Assets Other	62.9M	74.7M	81.4M	103.0M	52.1M	52.7M
Cash And Short Term Investments	195.5M	241.3M	302.0M	291.8M	173.4M	97.3M
Net Receivables	303.5M	327.7M	306.5M	348.7M	470.1M	493.6M
Common Stock Shares Outstanding	32.3M	32.4M	32.5M	31.5M	31.3M	33.2M
Liabilities And Stockholders Equity	1.5B	1.5B	1.6B	1.6B	1.8B	1.2B
Non Current Liabilities Total	569.0M	539.2M	470.3M	563.4M	619.0M	496.6M
Inventory	95.1M	110.5M	117.9M	139.1M	169.6M	162.6M
Other Current Assets	24.1M	37.8M	32.4M	58.9M	64.9M	68.2M
Other Stockholder Equity	176.1M	177.7M	156.9M	76.6M	83.6M	127.3M
Total Liab	771.7M	730.1M	678.5M	774.7M	867.7M	677.8M
Property Plant And Equipment Gross	466.5M	448.6M	1.5B	1.5B	1.7B	1.8B
Total Current Assets	618.3M	717.3M	758.8M	838.4M	878.0M	493.3M
Accumulated Other Comprehensive Income	(176.0M)	(132.4M)	(146.0M)	(144.9M)	(133.2M)	(139.8M)
Short Term Debt	20K	5.9M	5.3M	5.9M	11.6M	19.5M
Intangible Assets	52.9M	46.9M	39.1M	33.8M	44.6M	42.0M
Accounts Payable	65.2M	49.2M	69.0M	69.7M	87.1M	48.3M
Current Deferred Revenue	5.7M	8.2M	7.0M	15.2M	7.1M	6.8M
Other Liab	102.3M	141.2M	120.3M	74.2M	66.8M	120.0M
Other Assets	136.2M	149.7M	139.6M	118.2M	1.0	0.95
Long Term Debt	424.0M	398M	350M	439M	452.7M	395.5M
Treasury Stock	(256.4M)	(256.0M)	(280.1M)	(364.9M)	(328.4M)	(344.9M)
Property Plant Equipment	466.5M	448.6M	436.4M	445.7M	512.5M	466.8M
Good Will	180.9M	187.6M	182.1M	178.2M	180.2M	155.5M
Net Tangible Assets	464.9M	581.6M	652.8M	651.0M	748.7M	500.5M
Noncontrolling Interest In Consolidated Entity	4.0M	3.8M	3.6M	4.5M	5.2M	3.4M
Retained Earnings Total Equity	698.5M	770.7M	863.1M	931.3M	1.1B	655.5M
Long Term Debt Total	424.0M	398M	350M	439M	504.9M	410.5M

Pair Trading with Albany International

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 Albany International 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 Albany International will appreciate offsetting losses from the drop in the long position's value.

Moving against Albany Stock

0.55	EXTO	Almacenes xito SA	Pair Corr
0.4	DXYN	Dixie Group	Pair Corr
0.39	FIGS	Figs Inc	Pair Corr

The ability to find closely correlated positions to Albany International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albany International 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 Albany International - 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 Albany International to buy it.

The correlation of Albany International 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 Albany International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albany International 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 Albany International 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 Correlation Correlation Matching

When determining whether Albany International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albany International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albany International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albany International Stock:

How To Invest In Albany

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Is Albany Stock a good investment?

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What is Albany International's Net Worth?

Details

Largest Industrial Machinery & Supplies & Components Companies

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Largest Textile Manufacturing Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albany International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Industrial Machinery & Supplies & Components 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 Albany International. If investors know Albany 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 Albany International 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

(0.34)

Dividend Share

1.04

Earnings Share

3.2

Revenue Per Share

40.587

Quarterly Revenue Growth

0.061

The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International'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 Albany International's market value can be influenced by many factors that don't directly affect Albany International'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 Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International'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.

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Albany Free Cash Flow vs Cash Flow To Debt Ratio Analysis

Free Cash Flow vs Cash Flow To Debt Ratio

Free Cash Flow vs Cash Flow To Debt Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow

Cash Flow To Debt Ratio

Albany International fundamental ratios Correlations

Albany International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Albany International fundamental ratios Accounts

Pair Trading with Albany International

Moving against Albany Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Total Assets
Common Stock Total Equity	+ 0.97	Property Plant And Equipment Net
Total Liab	+ 0.97	Non Current Liabilities Total

Current Deferred Revenue	- 0.88	Other Current Liab
Current Deferred Revenue	- 0.49	Cash And Short Term Investments
Current Deferred Revenue	- 0.49	Cash
Current Deferred Revenue	- 0.48	Total Stockholder Equity
Current Deferred Revenue	- 0.44	Common Stock Shares Outstanding
Property Plant And Equipment Gross	- 0.43	Other Stockholder Equity