Assurant Free Cash Flow vs Free Cash Flow Per Share Analysis

AIZN Stock  USD 21.66  0.05  0.23%   
Assurant financial indicator trend analysis is way more than just evaluating Assurant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Assurant is a good investment. Please check the relationship between Assurant Free Cash Flow and its Free Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. 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.
To learn how to invest in Assurant Stock, please use our How to Invest in Assurant guide.

Free Cash Flow vs Free Cash Flow Per Share

Free Cash Flow vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Assurant Free Cash Flow account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Assurant's Free Cash Flow and Free Cash Flow Per Share is 0.92. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Free Cash Flow and Free Cash Flow Per Share 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 Assurant are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow i.e., Assurant's Free Cash Flow and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

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

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Assurant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Assurant 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 Assurant. 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.
To learn how to invest in Assurant Stock, please use our How to Invest in Assurant guide.At this time, Assurant's Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.30, while Selling General Administrative is likely to drop about 3.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.2B10.2B11.1B9.3B
Total Revenue10.2B10.2B11.1B9.3B

Assurant fundamental ratios Correlations

0.7-0.28-0.61-0.251.00.39-0.37-0.030.460.10.660.650.680.1-0.070.640.530.750.60.03-0.180.49-0.160.67-0.14
0.7-0.36-0.27-0.260.640.34-0.220.090.17-0.390.740.560.670.09-0.210.60.140.430.55-0.01-0.170.22-0.070.550.08
-0.28-0.360.540.18-0.26-0.150.050.03-0.360.09-0.4-0.09-0.26-0.76-0.61-0.250.19-0.28-0.23-0.690.010.160.19-0.23-0.06
-0.61-0.270.540.57-0.63-0.370.13-0.02-0.69-0.07-0.71-0.27-0.43-0.4-0.33-0.56-0.5-0.65-0.54-0.20.32-0.010.28-0.420.05
-0.25-0.260.180.57-0.240.12-0.45-0.640.070.57-0.66-0.14-0.02-0.29-0.23-0.63-0.650.06-0.650.460.770.45-0.37-0.240.21
1.00.64-0.26-0.63-0.240.38-0.38-0.040.480.150.620.640.650.1-0.050.620.560.760.580.04-0.180.5-0.170.65-0.16
0.390.34-0.15-0.370.120.38-0.64-0.520.690.30.380.370.73-0.24-0.50.040.060.76-0.030.080.450.55-0.680.290.77
-0.37-0.220.050.13-0.45-0.38-0.640.85-0.66-0.3-0.01-0.55-0.670.510.540.10.12-0.650.17-0.37-0.7-0.880.81-0.46-0.32
-0.030.090.03-0.02-0.64-0.04-0.520.85-0.58-0.450.23-0.03-0.380.460.410.40.4-0.460.45-0.52-0.7-0.70.670.06-0.42
0.460.17-0.36-0.690.070.480.69-0.66-0.580.430.390.310.58-0.02-0.090.050.010.9-0.010.450.360.43-0.810.340.28
0.1-0.390.09-0.070.570.150.3-0.3-0.450.43-0.31-0.14-0.10.030.04-0.34-0.080.44-0.340.370.420.33-0.37-0.160.11
0.660.74-0.4-0.71-0.660.620.38-0.010.230.39-0.310.380.570.250.020.690.370.520.66-0.08-0.47-0.11-0.070.440.01
0.650.56-0.09-0.27-0.140.640.37-0.55-0.030.31-0.140.380.67-0.21-0.330.450.370.480.4-0.080.230.55-0.460.96-0.06
0.680.67-0.26-0.43-0.020.650.73-0.67-0.380.58-0.10.570.67-0.22-0.430.40.130.730.320.130.230.6-0.550.630.3
0.10.09-0.76-0.4-0.290.1-0.240.510.46-0.020.030.25-0.21-0.220.90.24-0.04-0.040.270.42-0.35-0.580.26-0.04-0.23
-0.07-0.21-0.61-0.33-0.23-0.05-0.50.540.41-0.090.040.02-0.33-0.430.90.12-0.04-0.210.170.45-0.36-0.610.31-0.14-0.45
0.640.6-0.25-0.56-0.630.620.040.10.40.05-0.340.690.450.40.240.120.70.231.0-0.18-0.65-0.010.190.62-0.34
0.530.140.19-0.5-0.650.560.060.120.40.01-0.080.370.370.13-0.04-0.040.70.180.71-0.58-0.570.140.250.44-0.22
0.750.43-0.28-0.650.060.760.76-0.65-0.460.90.440.520.480.73-0.04-0.210.230.180.170.290.270.57-0.670.470.26
0.60.55-0.23-0.54-0.650.58-0.030.170.45-0.01-0.340.660.40.320.270.171.00.710.17-0.2-0.69-0.070.250.58-0.39
0.03-0.01-0.69-0.20.460.040.08-0.37-0.520.450.37-0.08-0.080.130.420.45-0.18-0.580.29-0.20.430.1-0.470.02-0.05
-0.18-0.170.010.320.77-0.180.45-0.7-0.70.360.42-0.470.230.23-0.35-0.36-0.65-0.570.27-0.690.430.56-0.760.080.49
0.490.220.16-0.010.450.50.55-0.88-0.70.430.33-0.110.550.6-0.58-0.61-0.010.140.57-0.070.10.56-0.530.430.28
-0.16-0.070.190.28-0.37-0.17-0.680.810.67-0.81-0.37-0.07-0.46-0.550.260.310.190.25-0.670.25-0.47-0.76-0.53-0.43-0.39
0.670.55-0.23-0.42-0.240.650.29-0.460.060.34-0.160.440.960.63-0.04-0.140.620.440.470.580.020.080.43-0.43-0.19
-0.140.08-0.060.050.21-0.160.77-0.32-0.420.280.110.01-0.060.3-0.23-0.45-0.34-0.220.26-0.39-0.050.490.28-0.39-0.19
Click cells to compare fundamentals

Assurant Account Relationship Matchups

Assurant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.3B44.6B33.9B33.1B33.6B32.7B
Total Stockholder Equity5.7B6.0B5.5B4.2B4.8B4.8B
Other Assets13.3B10.4B6.6B19.0B250.3M237.8M
Common Stock Shares Outstanding62.3M63.2M60.1M54.8M53.8M72.7M
Liabilities And Stockholders Equity44.3B44.6B33.9B33.1B33.6B32.7B
Total Liab38.6B38.7B28.4B28.9B28.8B27.9B
Short Long Term Debt Total2.0B2.7B4.8B2.7B2.1B1.8B
Other Current Liab(4.0B)(16.9B)(4.5B)(4.2B)(2.4B)(2.3B)
Total Current Liabilities4.0B16.9B4.5B4.2B2.4B2.3B
Property Plant And Equipment Net433.7M493.3M561.4M645.1M685.8M389.0M
Net Debt139.8M24.3M161.7M593.2M453M475.7M
Retained Earnings5.2B5.2B5.6B5.2B4.0B3.9B
Accounts Payable4.0B16.9B4.5B4.2B2.4B3.5B
Cash1.9B2.2B2.0B1.5B1.6B1.4B
Non Current Assets Total6.8B8.4B11.6B3.9B22.6B23.7B
Non Currrent Assets Other(6.8B)(8.4B)(11.6B)(6.3B)18.2B19.1B
Cash And Short Term Investments14.6B16.0B9.5B8.0B8.5B8.2B
Net Receivables9.6B9.8B6.2B7.0B2.3B2.2B
Good Will2.3B2.6B2.6B2.6B2.6B1.4B
Short Term Investments12.7B13.8B7.5B6.4B6.9B6.8B
Non Current Liabilities Total2.0B2.3B2.2B4.2B28.8B30.3B
Other Current Assets(22.3B)4.1B3.9B(4.6B)4.4B4.2B
Total Current Assets24.2B25.9B15.7B10.2B10.8B10.3B
Accumulated Other Comprehensive Income411.5M709.8M(150M)(986.2M)(765M)(726.8M)
Intangible Assets2.0B1.2B583.4M262.8M567.1M825.4M
Inventory22.3B(4.1B)(3.9B)(155.5M)(6.2B)(5.9B)
Long Term Debt2.0B2.2B2.6B2.5B2.9B2.1B
Capital Surpluse4.5B2.0B1.7B1.6B1.5B2.4B
Treasury Stock(5.0B)(5.3B)(267.4M)(122.8M)(141.2M)(148.3M)
Property Plant Equipment503.2M560.3M561.4M645.1M741.9M527.0M

Pair Trading with Assurant

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

Moving together with Assurant Stock

  0.71AFGE American FinancialPairCorr

Moving against Assurant Stock

  0.65DLO DlocalPairCorr
  0.56FLYW Flywire CorpPairCorr
  0.53EVTC EvertecPairCorr
The ability to find closely correlated positions to Assurant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assurant 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 Assurant - 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 Assurant to buy it.
The correlation of Assurant 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 Assurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assurant 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 Assurant 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
When determining whether Assurant offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Assurant'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 Assurant Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Assurant Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. 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.
To learn how to invest in Assurant Stock, please use our How to Invest in Assurant guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Multi-line Insurance 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 Assurant. If investors know Assurant 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 Assurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.0746
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant'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 Assurant's market value can be influenced by many factors that don't directly affect Assurant'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 Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant'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.