American Retained Earnings from 2010 to 2024

AWR Stock

USD 85.31 0.06 0.07%

American States Retained Earnings yearly trend continues to be relatively stable with very little volatility. Retained Earnings are likely to grow to about 538.6 M this year. Retained Earnings is the cumulative amount of net income that American States Water retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals

Retained Earnings

First Reported

1994-12-31

Previous Quarter

535.9 M

Current Value

554.2 M

Quarterly Volatility

141 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check American States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American States' main balance sheet or income statement drivers, such as Interest Expense of 44.9 M, Total Revenue of 302.3 M or Gross Profit of 228.2 M, as well as many indicators such as Price To Sales Ratio of 5.24, Dividend Yield of 0.033 or PTB Ratio of 4.02. American financial statements analysis is a perfect complement when working with American States Valuation or Volatility modules.

Check out the analysis of American States Correlation against competitors.

Latest American States' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of American States Water over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. American States' Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American States' overall financial position and show how it may be relating to other accounts over time.

View

Last Reported 512.93 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Retained Earnings

Timeline

American Retained Earnings Regression Statistics

	Arithmetic Mean	308,598,567
	Geometric Mean	271,395,493
	Coefficient Of Variation	43.67
	Mean Deviation	107,704,280
	Median	279,821,000
	Standard Deviation	134,756,017
	Sample Variance	18159.2T
	Range	494M
	R-Value	0.97
	Mean Square Error	1254.6T
	R-Squared	0.94
	Slope	29,149,784
	Total Sum of Squares	254228.6T

American Retained Earnings History

	2024	538.6 M
	2023	512.9 M
	2022	449.4 M
	2021	427.5 M
	2020	385 M
	2019	346 M
	2018	304.5 M

Other Fundumenentals of American States Water

Retained Earnings Total Equity

American States Retained Earnings component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Long Term Debt	Good Will	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.81	0.67	0.76	0.94	0.74	0.5	0.56	0.38	0.78	-0.74	0.56	-0.7	-0.61	-0.32	0.82	0.63	0.75	0.79	0.42	0.34	0.7	-0.27	0.13
Total Stockholder Equity	0.81		0.42	0.57	0.83	0.59	0.07	0.36	0.37	0.71	-0.61	0.29	-0.61	-0.52	-0.11	0.66	0.54	0.77	0.7	0.4	0.42	0.43	-0.38	-0.01
Net Debt	0.67	0.42		0.96	0.58	0.25	0.88	0.15	0.38	0.23	-0.73	0.93	-0.43	-0.71	-0.71	0.8	0.66	0.64	0.62	0.46	0.36	0.91	-0.1	0.8
Retained Earnings	0.76	0.57	0.96		0.7	0.39	0.82	0.26	0.34	0.39	-0.78	0.9	-0.55	-0.79	-0.61	0.84	0.69	0.71	0.72	0.43	0.42	0.87	-0.12	0.72
Accounts Payable	0.94	0.83	0.58	0.7		0.66	0.38	0.43	0.52	0.76	-0.73	0.4	-0.66	-0.63	-0.26	0.78	0.53	0.68	0.77	0.55	0.35	0.61	-0.48	0.06
Net Receivables	0.74	0.59	0.25	0.39	0.66		0.27	0.87	0.13	0.9	-0.56	0.17	-0.81	-0.19	0.04	0.29	0.08	0.33	0.5	0.18	0.0	0.19	-0.06	-0.16
Total Liab	0.5	0.07	0.88	0.82	0.38	0.27		0.28	0.17	0.2	-0.61	0.88	-0.45	-0.52	-0.61	0.55	0.43	0.34	0.41	0.26	0.17	0.74	0.12	0.8
Total Current Assets	0.56	0.36	0.15	0.26	0.43	0.87	0.28		-0.04	0.78	-0.32	0.16	-0.73	0.13	0.04	0.12	-0.02	0.16	0.14	0.02	0.01	0.12	0.03	-0.12
Short Term Debt	0.38	0.37	0.38	0.34	0.52	0.13	0.17	-0.04		0.11	-0.43	0.06	-0.08	-0.36	-0.45	0.37	0.1	0.33	0.37	0.99	-0.04	0.4	-0.89	0.16
Common Stock	0.78	0.71	0.23	0.39	0.76	0.9	0.2	0.78	0.11		-0.53	0.14	-0.91	-0.22	0.16	0.33	0.18	0.39	0.52	0.16	0.12	0.15	-0.14	-0.22
Current Deferred Revenue	-0.74	-0.61	-0.73	-0.78	-0.73	-0.56	-0.61	-0.32	-0.43	-0.53		-0.59	0.63	0.64	0.4	-0.61	-0.45	-0.6	-0.75	-0.48	-0.39	-0.6	0.16	-0.43
Long Term Debt	0.56	0.29	0.93	0.9	0.4	0.17	0.88	0.16	0.06	0.14	-0.59		-0.36	-0.61	-0.64	0.72	0.73	0.56	0.49	0.15	0.4	0.86	0.18	0.82
Good Will	-0.7	-0.61	-0.43	-0.55	-0.66	-0.81	-0.45	-0.73	-0.08	-0.91	0.63	-0.36		0.26	-0.03	-0.29	-0.17	-0.36	-0.47	-0.16	-0.14	-0.21	0.03	-0.14
Intangible Assets	-0.61	-0.52	-0.71	-0.79	-0.63	-0.19	-0.52	0.13	-0.36	-0.22	0.64	-0.61	0.26		0.33	-0.8	-0.63	-0.66	-0.88	-0.42	-0.46	-0.67	0.13	-0.44
Property Plant Equipment	-0.32	-0.11	-0.71	-0.61	-0.26	0.04	-0.61	0.04	-0.45	0.16	0.4	-0.64	-0.03	0.33		-0.55	-0.44	-0.36	-0.18	-0.48	0.05	-0.78	0.31	-0.67
Net Tangible Assets	0.82	0.66	0.8	0.84	0.78	0.29	0.55	0.12	0.37	0.33	-0.61	0.72	-0.29	-0.8	-0.55		0.83	0.79	0.75	0.41	0.54	0.91	-0.23	0.39
Long Term Debt Total	0.63	0.54	0.66	0.69	0.53	0.08	0.43	-0.02	0.1	0.18	-0.45	0.73	-0.17	-0.63	-0.44	0.83		0.64	0.54	0.13	0.55	0.77	-0.02	0.37
Deferred Long Term Liab	0.75	0.77	0.64	0.71	0.68	0.33	0.34	0.16	0.33	0.39	-0.6	0.56	-0.36	-0.66	-0.36	0.79	0.64		0.79	0.36	0.39	0.69	-0.19	0.28
Long Term Investments	0.79	0.7	0.62	0.72	0.77	0.5	0.41	0.14	0.37	0.52	-0.75	0.49	-0.47	-0.88	-0.18	0.75	0.54	0.79		0.4	0.37	0.58	-0.13	0.19
Short Long Term Debt	0.42	0.4	0.46	0.43	0.55	0.18	0.26	0.02	0.99	0.16	-0.48	0.15	-0.16	-0.42	-0.48	0.41	0.13	0.36	0.4		-0.01	0.45	-0.85	0.24
Cash And Equivalents	0.34	0.42	0.36	0.42	0.35	0.0	0.17	0.01	-0.04	0.12	-0.39	0.4	-0.14	-0.46	0.05	0.54	0.55	0.39	0.37	-0.01		0.4	0.14	0.22
Net Invested Capital	0.7	0.43	0.91	0.87	0.61	0.19	0.74	0.12	0.4	0.15	-0.6	0.86	-0.21	-0.67	-0.78	0.91	0.77	0.69	0.58	0.45	0.4		-0.19	0.63
Net Working Capital	-0.27	-0.38	-0.1	-0.12	-0.48	-0.06	0.12	0.03	-0.89	-0.14	0.16	0.18	0.03	0.13	0.31	-0.23	-0.02	-0.19	-0.13	-0.85	0.14	-0.19		0.09
Capital Stock	0.13	-0.01	0.8	0.72	0.06	-0.16	0.8	-0.12	0.16	-0.22	-0.43	0.82	-0.14	-0.44	-0.67	0.39	0.37	0.28	0.19	0.24	0.22	0.63	0.09

Click cells to compare fundamentals

About American States Financial Statements

American States shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although American States investors may analyze each financial statement separately, they are all interrelated. The changes in American States' assets and liabilities, for example, are also reflected in the revenues and expenses on on American States' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

		Last Reported	Projected for Next Year
	Retained Earnings	512.9 M	538.6 M

Pair Trading with American States

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American States position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American States will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

0.61	CDZIP	Cadiz Depositary Shares	Pair Corr
0.62	WTRG	Essential Utilities	Pair Corr

Moving against American Stock

0.5	ES	Eversource Energy	Pair Corr
0.37	FE	FirstEnergy Sell-off Trend	Pair Corr
0.35	CWT	California Water Service	Pair Corr

The ability to find closely correlated positions to American States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American States when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American States - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American States Water to buy it.

The correlation of American States is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American States Water moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for American States can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for American Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC