Angel Total Assets vs Common Stock Total Equity Analysis

FINS Stock  USD 12.73  0.04  0.32%   
Angel Oak financial indicator trend analysis is way more than just evaluating Angel Oak Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel Oak Financial is a good investment. Please check the relationship between Angel Oak Total Assets and its Common Stock Total Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Assets vs Common Stock Total Equity

Total Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angel Oak Financial Total Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Angel Oak's Total Assets and Common Stock Total Equity is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Angel Oak Financial, assuming nothing else is changed. The correlation between historical values of Angel Oak's Total Assets and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Angel Oak Financial are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Assets i.e., Angel Oak's Total Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Angel Oak 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 Angel Oak Financial 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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Angel Oak's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel Oak Financial 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Angel Oak Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Angel Oak's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 901.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income20.1M25.9M27.6M21.9M
Net Interest Income16.9M21.0M21.5M18.0M

Angel Oak fundamental ratios Correlations

1.00.590.881.00.820.95-0.31.0-0.860.89-0.960.520.160.53-0.420.810.920.9-0.040.950.371.00.991.00.8
1.00.630.910.990.840.94-0.361.0-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.421.00.981.00.81
0.590.630.80.570.480.48-0.830.63-0.260.46-0.37-0.290.710.99-0.380.760.570.4-0.620.320.770.630.520.590.76
0.880.910.80.870.90.82-0.680.91-0.730.74-0.730.120.220.79-0.280.90.910.8-0.50.720.760.910.810.880.9
1.00.990.570.870.810.95-0.260.99-0.850.88-0.970.550.160.5-0.440.80.910.9-0.010.960.340.990.991.00.79
0.820.840.480.90.810.84-0.460.84-0.830.69-0.730.33-0.20.47-0.130.780.950.85-0.390.760.640.840.760.810.78
0.950.940.480.820.950.84-0.190.94-0.850.85-0.940.650.030.42-0.40.730.960.930.020.930.30.940.960.950.72
-0.3-0.36-0.83-0.68-0.26-0.46-0.19-0.360.19-0.280.030.6-0.37-0.9-0.13-0.51-0.39-0.270.89-0.01-0.92-0.36-0.18-0.29-0.52
1.01.00.630.910.990.840.94-0.36-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.421.00.981.00.81
-0.86-0.86-0.26-0.73-0.85-0.83-0.850.19-0.86-0.930.86-0.590.31-0.25-0.06-0.49-0.84-0.97-0.06-0.89-0.23-0.86-0.85-0.86-0.48
0.890.890.460.740.880.690.85-0.280.89-0.93-0.860.530.010.44-0.040.480.790.950.090.850.20.890.890.890.47
-0.96-0.94-0.37-0.73-0.97-0.73-0.940.03-0.940.86-0.86-0.72-0.03-0.290.44-0.69-0.85-0.88-0.22-1.0-0.12-0.94-0.98-0.96-0.67
0.520.47-0.290.120.550.330.650.60.47-0.590.53-0.72-0.34-0.38-0.290.120.470.590.720.73-0.490.470.620.530.1
0.160.170.710.220.16-0.20.03-0.370.170.310.01-0.03-0.340.66-0.610.36-0.01-0.15-0.21-0.050.240.170.150.150.36
0.530.580.990.790.50.470.42-0.90.58-0.250.44-0.29-0.380.66-0.240.690.530.38-0.70.240.820.580.440.520.7
-0.42-0.38-0.38-0.28-0.44-0.13-0.4-0.13-0.38-0.06-0.040.44-0.29-0.61-0.24-0.62-0.3-0.06-0.12-0.39-0.03-0.38-0.45-0.41-0.62
0.810.820.760.90.80.780.73-0.510.82-0.490.48-0.690.120.360.69-0.620.80.57-0.450.670.690.820.740.81.0
0.920.930.570.910.910.950.96-0.390.93-0.840.79-0.850.47-0.010.53-0.30.80.92-0.240.850.520.930.890.910.8
0.90.910.40.80.90.850.93-0.270.91-0.970.95-0.880.59-0.150.38-0.060.570.920.00.890.30.910.90.910.56
-0.04-0.1-0.62-0.5-0.01-0.390.020.89-0.1-0.060.09-0.220.72-0.21-0.7-0.12-0.45-0.240.00.21-0.94-0.10.1-0.03-0.47
0.950.930.320.720.960.760.93-0.010.93-0.890.85-1.00.73-0.050.24-0.390.670.850.890.210.120.930.970.950.66
0.370.420.770.760.340.640.3-0.920.42-0.230.2-0.12-0.490.240.82-0.030.690.520.3-0.940.120.420.240.360.71
1.01.00.630.910.990.840.94-0.361.0-0.860.89-0.940.470.170.58-0.380.820.930.91-0.10.930.420.981.00.81
0.990.980.520.810.990.760.96-0.180.98-0.850.89-0.980.620.150.44-0.450.740.890.90.10.970.240.980.990.73
1.01.00.590.881.00.810.95-0.291.0-0.860.89-0.960.530.150.52-0.410.80.910.91-0.030.950.361.00.990.79
0.80.810.760.90.790.780.72-0.520.81-0.480.47-0.670.10.360.7-0.621.00.80.56-0.470.660.710.810.730.79
Click cells to compare fundamentals

Angel Oak Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Angel Stock Analysis

When running Angel Oak's price analysis, check to measure Angel Oak'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 Angel Oak is operating at the current time. Most of Angel Oak's value examination focuses on studying past and present price action to predict the probability of Angel Oak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angel Oak's price. Additionally, you may evaluate how the addition of Angel Oak to your portfolios can decrease your overall portfolio volatility.