Atlantic Net Tangible Assets vs Long Term Investments Analysis

AAME Stock  USD 1.50  0.03  1.96%   
Atlantic American financial indicator trend analysis is way more than just evaluating Atlantic American prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlantic American is a good investment. Please check the relationship between Atlantic American Net Tangible Assets and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.

Net Tangible Assets vs Long Term Investments

Net Tangible Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atlantic American Net Tangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Atlantic American's Net Tangible Assets and Long Term Investments is 0.57. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Atlantic American, assuming nothing else is changed. The correlation between historical values of Atlantic American's Net Tangible Assets and Long Term Investments 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 Tangible Assets of Atlantic American are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Tangible Assets i.e., Atlantic American's Net Tangible Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Investments

Long Term Investments is an item on the asset side of Atlantic American balance sheet that represents investments Atlantic American intends to hold for over a year. Atlantic American long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Atlantic American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlantic American 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 Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.At present, Atlantic American's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 10.45, whereas Issuance Of Capital Stock is forecasted to decline to about 28.8 K.
 2021 2022 2023 2024 (projected)
Total Revenue199.6M187.9M186.8M160.7M
Interest Expense1.4M2.0M3.3M2.4M

Atlantic American fundamental ratios Correlations

-0.050.850.190.72-0.710.420.220.44-0.45-0.290.640.680.91-0.070.650.47-0.590.090.46-0.270.43-0.77-0.180.630.63
-0.050.080.27-0.540.260.37-0.080.570.290.35-0.26-0.25-0.28-0.190.43-0.330.440.04-0.54-0.29-0.520.230.010.270.26
0.850.08-0.050.35-0.630.57-0.180.45-0.560.010.710.410.73-0.170.620.53-0.2-0.250.2-0.020.59-0.52-0.520.410.41
0.190.27-0.050.21-0.38-0.460.22-0.04-0.27-0.550.30.350.210.19-0.130.37-0.620.30.35-1.0-0.52-0.460.22-0.01-0.01
0.72-0.540.350.21-0.56-0.060.48-0.04-0.26-0.620.420.690.780.20.180.38-0.840.290.78-0.250.33-0.80.150.40.41
-0.710.26-0.63-0.38-0.560.02-0.27-0.070.850.51-0.89-0.86-0.66-0.32-0.17-0.840.63-0.18-0.510.41-0.190.770.02-0.27-0.28
0.420.370.57-0.46-0.060.02-0.010.860.090.58-0.050.040.25-0.480.74-0.290.38-0.12-0.490.390.310.07-0.20.620.62
0.22-0.08-0.180.220.48-0.27-0.010.230.21-0.27-0.20.70.140.250.22-0.22-0.380.920.14-0.24-0.5-0.30.880.670.68
0.440.570.45-0.04-0.04-0.070.860.230.080.41-0.060.210.23-0.40.67-0.290.20.19-0.5-0.03-0.07-0.060.050.70.7
-0.450.29-0.56-0.27-0.260.850.090.210.080.41-0.95-0.5-0.47-0.30.16-0.940.40.24-0.370.28-0.360.590.40.20.19
-0.290.350.01-0.55-0.620.510.58-0.270.410.41-0.48-0.46-0.34-0.760.28-0.580.74-0.24-0.780.530.050.81-0.150.10.1
0.64-0.260.710.30.42-0.89-0.05-0.2-0.06-0.95-0.480.540.640.260.050.96-0.53-0.250.53-0.330.46-0.72-0.45-0.05-0.05
0.68-0.250.410.350.69-0.860.040.70.21-0.5-0.460.540.610.270.290.48-0.670.590.44-0.39-0.06-0.710.410.590.59
0.91-0.280.730.210.78-0.660.250.140.23-0.47-0.340.640.61-0.130.430.51-0.70.040.56-0.280.51-0.73-0.270.430.43
-0.07-0.19-0.170.190.2-0.32-0.480.25-0.4-0.3-0.760.260.27-0.13-0.370.4-0.190.270.42-0.15-0.25-0.490.24-0.2-0.19
0.650.430.62-0.130.18-0.170.740.220.670.160.280.050.290.43-0.37-0.160.010.12-0.120.060.17-0.17-0.010.860.85
0.47-0.330.530.370.38-0.84-0.29-0.22-0.29-0.94-0.580.960.480.510.4-0.16-0.54-0.240.6-0.380.35-0.68-0.4-0.24-0.24
-0.590.44-0.2-0.62-0.840.630.38-0.380.20.40.74-0.53-0.67-0.7-0.190.01-0.54-0.28-0.80.64-0.10.78-0.17-0.19-0.19
0.090.04-0.250.30.29-0.18-0.120.920.190.24-0.24-0.250.590.040.270.12-0.24-0.280.02-0.3-0.64-0.20.830.540.55
0.46-0.540.20.350.78-0.51-0.490.14-0.5-0.37-0.780.530.440.560.42-0.120.6-0.80.02-0.340.29-0.720.0-0.05-0.05
-0.27-0.29-0.02-1.0-0.250.410.39-0.24-0.030.280.53-0.33-0.39-0.28-0.150.06-0.380.64-0.3-0.340.480.5-0.2-0.06-0.06
0.43-0.520.59-0.520.33-0.190.31-0.5-0.07-0.360.050.46-0.060.51-0.250.170.35-0.1-0.640.290.48-0.2-0.71-0.09-0.09
-0.770.23-0.52-0.46-0.80.770.07-0.3-0.060.590.81-0.72-0.71-0.73-0.49-0.17-0.680.78-0.2-0.720.5-0.20.02-0.29-0.3
-0.180.01-0.520.220.150.02-0.20.880.050.4-0.15-0.450.41-0.270.24-0.01-0.4-0.170.830.0-0.2-0.710.020.420.42
0.630.270.41-0.010.4-0.270.620.670.70.20.1-0.050.590.43-0.20.86-0.24-0.190.54-0.05-0.06-0.09-0.290.421.0
0.630.260.41-0.010.41-0.280.620.680.70.190.1-0.050.590.43-0.190.85-0.24-0.190.55-0.05-0.06-0.09-0.30.421.0
Click cells to compare fundamentals

Atlantic American Account Relationship Matchups

Atlantic American fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets377.6M405.2M402.3M367.1M381.3M348.0M
Total Stockholder Equity118.4M145.1M141.3M102.2M107.3M86.2M
Net Debt20.8M14.4M9.0M6.9M8.5M8.9M
Retained Earnings36.0M47.8M51.3M52.0M50.9M53.5M
Other Assets(172.2M)(201.4M)(209.7M)321.5M1.00.95
Common Stock Shares Outstanding20.3M21.8M20.4M20.4M20.4M21.0M
Liabilities And Stockholders Equity377.6M405.2M402.3M367.1M381.3M348.0M
Other Stockholder Equity49.5M49.8M49.9M49.9M50.0M55.4M
Total Liab242.9M33.7M35.0M264.9M274.0M176.3M
Total Current Liabilities49.3M51.1M59.2M2.0M67.4M64.1M
Property Plant And Equipment Net258.9M275.3M282.1M3.4M2.6M2.5M
Non Current Assets Total259.2M276.6M283.9M16.7M353.0M370.6M
Net Receivables45.3M56.6M42.4M41.3M37.2M35.5M
Other Current Assets26.0M48.9M41.4M48.0M53.7M56.4M
Total Current Assets290.6M330.0M328.1M28.9M28.3M26.9M
Accounts Payable23.6M26.4M25.5M26.5M24.8M19.8M
Cash12.9M19.3M24.8M28.9M28.3M26.9M
Cash And Short Term Investments245.4M273.4M285.7M237.6M28.3M26.9M
Other Current Liab25.7M(26.4M)(25.5M)(4.0M)42.6M40.5M
Non Currrent Assets Other(259.2M)(276.6M)(283.9M)(224.9M)296.3M311.2M
Accumulated Other Comprehensive Income10.5M25M17.7M(22.1M)(16.1M)(15.3M)
Other Liab164.8M175.9M172.8M174.3M156.9M155.1M
Short Term Investments232.5M254.1M261.0M208.7M1.7M1.6M
Treasury Stock(7.1M)(8.0M)(7.6M)(7.3M)(6.6M)(6.3M)
Net Tangible Assets98.8M115.8M142.5M138.7M159.5M120.6M
Retained Earnings Total Equity31.0M37.2M36.0M47.8M55.0M57.7M
Capital Surpluse57.5M57.4M57.8M57.4M66.1M63.0M
Long Term Investments268.6M274.1M281.3M221.5M254.8M268.8M
Non Current Liabilities Other207.3M222.8M235.6M233.7M268.8M214.8M

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When determining whether Atlantic American is a strong investment it is important to analyze Atlantic American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlantic American's future performance. For an informed investment choice regarding Atlantic Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlantic American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Multi-line Insurance 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 Atlantic American. If investors know Atlantic 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 Atlantic American 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
(0.78)
Earnings Share
(0.36)
Revenue Per Share
9.117
Quarterly Revenue Growth
(0.03)
Return On Assets
(0)
The market value of Atlantic American is measured differently than its book value, which is the value of Atlantic that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantic American's value that differs from its market value or its book value, called intrinsic value, which is Atlantic American's 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 Atlantic American's market value can be influenced by many factors that don't directly affect Atlantic American's 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 Atlantic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic American's 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.