AOUT Stock | | | USD 9.81 0.06 0.62% |
American Outdoor financial indicator trend analysis is way more than just evaluating American Outdoor Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Outdoor Brands is a good investment. Please check the relationship between American Outdoor Retained Earnings and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Outdoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Retained Earnings vs Net Receivables
Retained Earnings vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Outdoor Brands Retained Earnings account and
Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between American Outdoor's Retained Earnings and Net Receivables is 0.24. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of American Outdoor Brands, assuming nothing else is changed. The correlation between historical values of American Outdoor's Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of American Outdoor Brands are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., American Outdoor's Retained Earnings and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Net Receivables
Most indicators from American Outdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Outdoor Brands 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 Outdoor Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, American Outdoor's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 30.98 in 2024, whereas
Tax Provision is likely to drop (73.5
K) in 2024.
American Outdoor fundamental ratios Correlations
Click cells to compare fundamentals
American Outdoor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Outdoor fundamental ratios Accounts
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Additional Tools for American Stock Analysis
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measure American Outdoor'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 American Outdoor is operating at the current time. Most of American Outdoor's value examination focuses on studying past and present price action to
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