Acuity Current Deferred Revenue vs Total Assets Analysis
AYI Stock | USD 320.69 0.53 0.17% |
Acuity Brands financial indicator trend analysis is way more than just evaluating Acuity Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acuity Brands is a good investment. Please check the relationship between Acuity Brands Current Deferred Revenue and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity 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 manufacturing. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
Current Deferred Revenue vs Total Assets
Current Deferred Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acuity Brands Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Acuity Brands' Current Deferred Revenue and Total Assets is -0.46. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Acuity Brands, assuming nothing else is changed. The correlation between historical values of Acuity Brands' Current Deferred Revenue and Total 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 Current Deferred Revenue of Acuity Brands are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Acuity Brands' Current Deferred Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Assets
Total assets refers to the total amount of Acuity Brands assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Acuity Brands books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Acuity Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acuity 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 Acuity 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 manufacturing. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.The Acuity Brands' current Sales General And Administrative To Revenue is estimated to increase to 0.35, while Selling General Administrative is projected to decrease to under 599.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 1.7B | 1.8B | 1.2B | Total Revenue | 4.0B | 4.0B | 3.8B | 2.9B |
Acuity Brands fundamental ratios Correlations
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Acuity Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acuity Brands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.5B | 3.6B | 3.5B | 3.4B | 3.8B | 2.4B | |
Other Current Liab | 261.4M | 277.1M | 276.8M | 309.7M | 291.9M | 202.4M | |
Total Current Liabilities | 617.6M | 692.2M | 733.6M | 595.4M | 687.9M | 555.7M | |
Total Stockholder Equity | 2.1B | 2.0B | 1.9B | 2.0B | 2.4B | 1.2B | |
Other Liab | 313M | 344.1M | 336.5M | 302.1M | 347.4M | 191.8M | |
Accounts Payable | 326.5M | 391.5M | 397.8M | 285.7M | 352.3M | 292.4M | |
Cash | 560.7M | 491.3M | 223.2M | 397.9M | 845.8M | 888.1M | |
Other Assets | 26.2M | 1.8B | 1.7B | 1.7B | 2.0B | 2.1B | |
Long Term Debt | 376.8M | 494.3M | 495M | 495.6M | 496.2M | 403.9M | |
Good Will | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 713.3M | |
Inventory | 320.1M | 398.7M | 485.7M | 368.5M | 387.6M | 284.5M | |
Other Current Assets | 58.6M | 82.5M | 178.7M | 73.5M | 75.1M | 61.1M | |
Total Liab | 1.4B | 1.5B | 1.6B | 1.4B | 1.4B | 1.2B | |
Intangible Assets | 605.9M | 573.2M | 529.2M | 481.2M | 440.5M | 390.6M | |
Property Plant Equipment | 270.5M | 269.1M | 276.5M | 297.6M | 342.2M | 241.2M | |
Short Long Term Debt Total | 401.1M | 510.2M | 513M | 515.3M | 573.5M | 463.6M | |
Property Plant And Equipment Net | 270.5M | 269.1M | 276.5M | 297.6M | 369.5M | 246.9M | |
Net Debt | (159.6M) | 3M | 289.8M | 97.7M | (272.3M) | (258.7M) | |
Non Current Assets Total | 2.1B | 2.0B | 2.0B | 2.0B | 1.9B | 1.3B | |
Non Currrent Assets Other | 86.9M | 86.6M | 111M | 1.7B | 25.4M | 24.1M | |
Cash And Short Term Investments | 560.7M | 491.3M | 223.2M | 397.9M | 845.8M | 888.1M | |
Net Receivables | 500.3M | 571.8M | 665.9M | 555.3M | 563M | 456.0M | |
Common Stock Shares Outstanding | 39.6M | 36.6M | 34.6M | 32.2M | 31.4M | 32.8M | |
Liabilities And Stockholders Equity | 3.5B | 3.6B | 3.5B | 3.4B | 3.8B | 2.5B | |
Non Current Liabilities Total | 746.6M | 838.4M | 831.5M | 797.7M | 747.9M | 621.8M | |
Other Stockholder Equity | (263.6M) | (668.1M) | (1.1B) | (1.4B) | (1.4B) | (1.3B) | |
Property Plant And Equipment Gross | 333.9M | 269M | 276.5M | 1.0B | 1.1B | 1.1B | |
Total Current Assets | 1.4B | 1.5B | 1.5B | 1.4B | 1.9B | 1.1B | |
Accumulated Other Comprehensive Income | (132.7M) | (98.2M) | (125.8M) | (112.6M) | (114.9M) | (120.6M) | |
Short Term Debt | 24.3M | 15.9M | 33.7M | 19.7M | 19.2M | 18.2M | |
Retained Earnings | 2.5B | 2.8B | 3.2B | 3.5B | 3.9B | 4.1B | |
Treasury Stock | (1.2B) | (1.2B) | (1.7B) | (2.2B) | (2.0B) | (1.9B) | |
Net Tangible Assets | 441.6M | 2.0B | 1.9B | 2.0B | 2.3B | 2.4B | |
Retained Earnings Total Equity | 2.3B | 2.5B | 2.8B | 3.2B | 3.7B | 3.8B | |
Long Term Debt Total | 376.8M | 494.3M | 495M | 495.6M | 569.9M | 426.8M | |
Capital Surpluse | 963.6M | 995.6M | 1.0B | 1.1B | 1.2B | 957.3M |
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When determining whether Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' 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 Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acuity 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 manufacturing. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Electrical Components & Equipment 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 Acuity Brands. If investors know Acuity 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 Acuity Brands 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 0.434 | Dividend Share 0.58 | Earnings Share 13.44 | Revenue Per Share 124.365 | Quarterly Revenue Growth 0.022 |
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.