Associated Net Receivables vs Property Plant And Equipment Net Analysis

ASALCBR Stock   956.55  0.55  0.06%   
Associated Alcohols financial indicator trend analysis is way more than just evaluating Associated Alcohols prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Associated Alcohols is a good investment. Please check the relationship between Associated Alcohols Net Receivables and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Alcohols Breweries. 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.

Net Receivables vs Property Plant And Equipment Net

Net Receivables vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Associated Alcohols Net Receivables account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Associated Alcohols' Net Receivables and Property Plant And Equipment Net is 0.16. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Associated Alcohols Breweries, assuming nothing else is changed. The correlation between historical values of Associated Alcohols' Net Receivables and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Associated Alcohols Breweries are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Receivables i.e., Associated Alcohols' Net Receivables and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Associated Alcohols' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Associated Alcohols 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 Associated Alcohols Breweries. 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.
As of 12/02/2024, Tax Provision is likely to grow to about 176.7 M, while Selling General Administrative is likely to drop slightly above 46.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.8M14.2M36.7M23.9M
Depreciation And Amortization142.8M143.9M144.0M108.4M

Associated Alcohols fundamental ratios Correlations

0.610.90.750.980.960.650.980.550.050.980.510.620.210.430.980.84-0.570.650.80.55-0.550.09-0.310.60.94
0.610.530.470.460.720.990.43-0.140.630.70.050.12-0.350.950.520.70.020.810.24-0.08-0.48-0.130.260.890.55
0.90.530.710.890.860.570.890.510.030.880.50.560.270.380.910.79-0.420.610.750.42-0.460.04-0.210.50.85
0.750.470.710.720.750.490.720.640.060.750.420.480.130.30.730.68-0.520.830.770.640.00.13-0.210.420.69
0.980.460.890.720.910.511.00.63-0.10.940.560.670.320.280.980.79-0.640.540.850.63-0.510.13-0.420.480.93
0.960.720.860.750.910.750.90.430.220.990.320.410.160.520.950.82-0.490.690.650.48-0.630.04-0.220.770.88
0.650.990.570.490.510.750.48-0.120.540.730.090.16-0.310.940.570.74-0.050.820.3-0.01-0.48-0.130.190.890.59
0.980.430.890.721.00.90.480.64-0.120.930.580.690.330.250.970.78-0.640.530.860.64-0.490.14-0.430.450.93
0.55-0.140.510.640.630.43-0.120.64-0.180.470.620.590.37-0.250.580.25-0.480.250.70.580.00.32-0.26-0.160.53
0.050.630.030.06-0.10.220.54-0.12-0.180.17-0.25-0.26-0.510.66-0.020.050.520.4-0.29-0.57-0.28-0.080.730.530.01
0.980.70.880.750.940.990.730.930.470.170.440.490.110.510.960.83-0.490.70.70.48-0.60.02-0.240.720.94
0.510.050.50.420.560.320.090.580.62-0.250.440.76-0.110.070.440.42-0.320.310.640.330.0-0.02-0.22-0.150.67
0.620.120.560.480.670.410.160.690.59-0.260.490.760.110.120.540.51-0.370.380.850.380.00.4-0.23-0.10.62
0.21-0.350.270.130.320.16-0.310.330.37-0.510.11-0.110.11-0.480.34-0.02-0.55-0.220.370.57-0.060.37-0.44-0.180.04
0.430.950.380.30.280.520.940.25-0.250.660.510.070.12-0.480.330.590.220.760.15-0.29-0.33-0.140.410.740.39
0.980.520.910.730.980.950.570.970.58-0.020.960.440.540.340.330.8-0.610.570.790.6-0.560.06-0.380.580.9
0.840.70.790.680.790.820.740.780.250.050.830.420.51-0.020.590.8-0.510.740.690.45-0.4-0.15-0.290.580.76
-0.570.02-0.42-0.52-0.64-0.49-0.05-0.64-0.480.52-0.49-0.32-0.37-0.550.22-0.61-0.51-0.16-0.62-0.950.19-0.030.67-0.08-0.49
0.650.810.610.830.540.690.820.530.250.40.70.310.38-0.220.760.570.74-0.160.580.22-0.030.010.130.620.6
0.80.240.750.770.850.650.30.860.7-0.290.70.640.850.370.150.790.69-0.620.580.67-0.020.25-0.430.140.74
0.55-0.080.420.640.630.48-0.010.640.58-0.570.480.330.380.57-0.290.60.45-0.950.220.67-0.030.12-0.710.040.49
-0.55-0.48-0.460.0-0.51-0.63-0.48-0.490.0-0.28-0.60.00.0-0.06-0.33-0.56-0.40.19-0.03-0.02-0.030.050.03-0.62-0.5
0.09-0.130.040.130.130.04-0.130.140.32-0.080.02-0.020.40.37-0.140.06-0.15-0.030.010.250.120.050.12-0.19-0.02
-0.310.26-0.21-0.21-0.42-0.220.19-0.43-0.260.73-0.24-0.22-0.23-0.440.41-0.38-0.290.670.13-0.43-0.710.030.120.05-0.34
0.60.890.50.420.480.770.890.45-0.160.530.72-0.15-0.1-0.180.740.580.58-0.080.620.140.04-0.62-0.190.050.56
0.940.550.850.690.930.880.590.930.530.010.940.670.620.040.390.90.76-0.490.60.740.49-0.5-0.02-0.340.56
Click cells to compare fundamentals

Associated Alcohols Account Relationship Matchups

Associated Alcohols fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.3B4.0B5.4B6.2B6.5B
Short Long Term Debt Total112.8M112.4M54.4M1.0B1.1B1.1B
Other Current Liab229.9M215.2M268.6M409.2M409.9M430.4M
Total Current Liabilities641.9M679.9M794.1M982.6M1.3B689.8M
Total Stockholder Equity2.0B2.5B3.1B3.6B4.2B4.4B
Property Plant And Equipment Net1.2B1.2B1.4B2.2B3.2B3.3B
Net Debt85.6M99.1M34.0M992.1M985.6M1.0B
Retained Earnings1.6B2.2B2.8B3.2B3.6B3.8B
Accounts Payable357.3M327.4M474.7M258.6M373.4M259.1M
Cash27.2M13.3M20.4M8.4M94.3M99.0M
Non Current Assets Total1.3B1.3B2.1B2.9B3.8B4.0B
Non Currrent Assets Other214.3M39.8M1.0B736.8M212.8M190.6M
Cash And Short Term Investments152.9M729.5M763.1M836.9M355.2M241.4M
Net Receivables604.8M568.6M235.8M185.1M349.6M324.2M
Liabilities And Stockholders Equity2.7B3.3B4.0B5.4B6.2B6.5B
Non Current Liabilities Total140.7M99.3M79.7M763.1M619.3M650.3M
Inventory573.5M576.6M649.5M841.9M1.1B1.1B
Other Current Assets275.4M247.4M214.9M763.2M558.3M586.2M
Total Liab782.6M779.2M873.7M1.7B2.0B1.1B
Total Current Assets1.4B2.0B1.9B2.4B2.3B1.3B
Current Deferred Revenue5.0M157.4M17.9M22.8M9.8M9.3M
Short Term Debt49.7M83.0M33.0M287.3M546.8M574.2M
Accumulated Other Comprehensive Income120.8M134.5M164.1M282.7M401.2M421.2M
Other Assets78.7M(3K)66.8M453.8M521.9M548.0M
Other Liab94.9M77.6M70.0M58.2M52.4M66.9M
Net Tangible Assets1.5B2.0B2.5B3.1B3.6B1.9B
Short Term Investments152.9M729.5M763.1M828.4M151.8M144.2M
Intangible Assets1.3M1.1M1.5M238K1.8M2.3M
Property Plant Equipment1.2B1.2B1.2B1.4B1.6B1.2B
Long Term Debt46.8M19.3M13.3M666.9M500.0M525.0M
Short Long Term Debt42.0M68.9M32.0M282.3M536.6M563.5M
Capital Lease Obligations24.0M17.1M9.1M51.4M43.3M22.8M
Net Invested Capital2.0B2.6B3.2B4.6B5.3B3.3B
Net Working Capital793.8M1.3B1.1B1.5B998.3M982.7M

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