Acuity Other Current Liab vs Non Current Assets Total 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 Other Current Liab and its Non Current Assets Total 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.

Other Current Liab vs Non Current Assets Total

Other Current Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acuity Brands Other Current Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Acuity Brands' Other Current Liab and Non Current Assets Total is 0.91. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Assets Total 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' Other Current Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Acuity Brands are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Liab i.e., Acuity Brands' Other Current Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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 Profit1.7B1.7B1.8B1.2B
Total Revenue4.0B4.0B3.8B2.9B

Acuity Brands fundamental ratios Correlations

0.960.880.990.970.740.30.510.620.970.840.540.940.650.78-0.010.77-0.46-0.250.960.130.30.88-0.550.88-0.68
0.960.850.940.90.710.340.540.620.930.780.530.910.540.730.020.71-0.54-0.290.910.130.340.85-0.560.85-0.67
0.880.850.830.860.780.10.470.550.860.910.550.940.720.850.030.83-0.17-0.010.870.030.10.95-0.450.76-0.55
0.990.940.830.940.740.350.450.550.960.780.470.880.580.74-0.060.74-0.52-0.340.940.180.350.84-0.510.83-0.64
0.970.90.860.940.690.20.510.620.960.850.590.940.70.8-0.080.79-0.39-0.140.960.090.20.86-0.540.91-0.65
0.740.710.780.740.690.150.170.180.760.690.290.680.320.49-0.330.46-0.54-0.270.710.220.140.86-0.090.5-0.31
0.30.340.10.350.20.150.410.170.16-0.090.020.14-0.220.030.070.08-0.23-0.920.11-0.31.00.04-0.370.17-0.42
0.510.540.470.450.510.170.410.90.480.570.620.630.350.470.410.5-0.06-0.090.5-0.20.410.4-0.940.71-0.92
0.620.620.550.550.620.180.170.90.590.680.690.740.50.550.470.57-0.090.110.61-0.140.170.46-0.860.84-0.82
0.970.930.860.960.960.760.160.480.590.860.520.920.680.78-0.10.76-0.51-0.130.990.210.160.89-0.530.88-0.66
0.840.780.910.780.850.69-0.090.570.680.860.70.930.770.820.070.79-0.190.210.880.18-0.090.92-0.590.83-0.68
0.540.530.550.470.590.290.020.620.690.520.70.690.430.360.280.35-0.080.130.54-0.160.020.53-0.590.73-0.62
0.940.910.940.880.940.680.140.630.740.920.930.690.770.810.110.8-0.27-0.010.940.010.140.89-0.620.94-0.71
0.650.540.720.580.70.32-0.220.350.50.680.770.430.770.810.10.770.130.390.770.08-0.220.65-0.450.71-0.45
0.780.730.850.740.80.490.030.470.550.780.820.360.810.810.071.00.00.140.810.180.030.81-0.570.68-0.6
-0.010.020.03-0.06-0.08-0.330.070.410.47-0.10.070.280.110.10.070.110.350.16-0.06-0.150.08-0.11-0.390.16-0.25
0.770.710.830.740.790.460.080.50.570.760.790.350.80.771.00.110.030.110.790.140.080.78-0.60.66-0.62
-0.46-0.54-0.17-0.52-0.39-0.54-0.23-0.06-0.09-0.51-0.19-0.08-0.270.130.00.350.030.45-0.44-0.48-0.22-0.360.06-0.350.25
-0.25-0.29-0.01-0.34-0.14-0.27-0.92-0.090.11-0.130.210.13-0.010.390.140.160.110.45-0.050.15-0.91-0.010.05-0.030.16
0.960.910.870.940.960.710.110.50.610.990.880.540.940.770.81-0.060.79-0.44-0.050.20.110.89-0.560.9-0.68
0.130.130.030.180.090.22-0.3-0.2-0.140.210.18-0.160.010.080.18-0.150.14-0.480.150.2-0.310.280.07-0.01-0.04
0.30.340.10.350.20.141.00.410.170.16-0.090.020.14-0.220.030.080.08-0.22-0.910.11-0.310.04-0.370.17-0.42
0.880.850.950.840.860.860.040.40.460.890.920.530.890.650.81-0.110.78-0.36-0.010.890.280.04-0.390.72-0.55
-0.55-0.56-0.45-0.51-0.54-0.09-0.37-0.94-0.86-0.53-0.59-0.59-0.62-0.45-0.57-0.39-0.60.060.05-0.560.07-0.37-0.39-0.710.96
0.880.850.760.830.910.50.170.710.840.880.830.730.940.710.680.160.66-0.35-0.030.9-0.010.170.72-0.71-0.77
-0.68-0.67-0.55-0.64-0.65-0.31-0.42-0.92-0.82-0.66-0.68-0.62-0.71-0.45-0.6-0.25-0.620.250.16-0.68-0.04-0.42-0.550.96-0.77
Click cells to compare fundamentals

Acuity Brands Account Relationship Matchups

Acuity Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.6B3.5B3.4B3.8B2.4B
Other Current Liab261.4M277.1M276.8M309.7M291.9M202.4M
Total Current Liabilities617.6M692.2M733.6M595.4M687.9M555.7M
Total Stockholder Equity2.1B2.0B1.9B2.0B2.4B1.2B
Other Liab313M344.1M336.5M302.1M347.4M191.8M
Accounts Payable326.5M391.5M397.8M285.7M352.3M292.4M
Cash560.7M491.3M223.2M397.9M845.8M888.1M
Other Assets26.2M1.8B1.7B1.7B2.0B2.1B
Long Term Debt376.8M494.3M495M495.6M496.2M403.9M
Good Will1.1B1.1B1.1B1.1B1.1B713.3M
Inventory320.1M398.7M485.7M368.5M387.6M284.5M
Other Current Assets58.6M82.5M178.7M73.5M75.1M61.1M
Total Liab1.4B1.5B1.6B1.4B1.4B1.2B
Intangible Assets605.9M573.2M529.2M481.2M440.5M390.6M
Property Plant Equipment270.5M269.1M276.5M297.6M342.2M241.2M
Short Long Term Debt Total401.1M510.2M513M515.3M573.5M463.6M
Property Plant And Equipment Net270.5M269.1M276.5M297.6M369.5M246.9M
Net Debt(159.6M)3M289.8M97.7M(272.3M)(258.7M)
Non Current Assets Total2.1B2.0B2.0B2.0B1.9B1.3B
Non Currrent Assets Other86.9M86.6M111M1.7B25.4M24.1M
Cash And Short Term Investments560.7M491.3M223.2M397.9M845.8M888.1M
Net Receivables500.3M571.8M665.9M555.3M563M456.0M
Common Stock Shares Outstanding39.6M36.6M34.6M32.2M31.4M32.8M
Liabilities And Stockholders Equity3.5B3.6B3.5B3.4B3.8B2.5B
Non Current Liabilities Total746.6M838.4M831.5M797.7M747.9M621.8M
Other Stockholder Equity(263.6M)(668.1M)(1.1B)(1.4B)(1.4B)(1.3B)
Property Plant And Equipment Gross333.9M269M276.5M1.0B1.1B1.1B
Total Current Assets1.4B1.5B1.5B1.4B1.9B1.1B
Accumulated Other Comprehensive Income(132.7M)(98.2M)(125.8M)(112.6M)(114.9M)(120.6M)
Short Term Debt24.3M15.9M33.7M19.7M19.2M18.2M
Retained Earnings2.5B2.8B3.2B3.5B3.9B4.1B
Treasury Stock(1.2B)(1.2B)(1.7B)(2.2B)(2.0B)(1.9B)
Net Tangible Assets441.6M2.0B1.9B2.0B2.3B2.4B
Retained Earnings Total Equity2.3B2.5B2.8B3.2B3.7B3.8B
Long Term Debt Total376.8M494.3M495M495.6M569.9M426.8M
Capital Surpluse963.6M995.6M1.0B1.1B1.2B957.3M

Currently Active Assets on Macroaxis

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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.