American Change To Liabilities vs Net Income Analysis

AAT Stock  USD 28.44  0.17  0.59%   
American Assets financial indicator trend analysis is way more than just evaluating American Assets Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Assets Trust is a good investment. Please check the relationship between American Assets Change To Liabilities and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Liabilities vs Net Income

Change To Liabilities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Assets Trust Change To Liabilities account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American Assets' Change To Liabilities and Net Income is -0.02. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Net Income in the same time period over historical financial statements of American Assets Trust, assuming nothing else is changed. The correlation between historical values of American Assets' Change To Liabilities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of American Assets Trust are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Liabilities i.e., American Assets' Change To Liabilities and Net Income go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Liabilities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in American Assets Trust financial statement analysis. It represents the amount of money remaining after all of American Assets Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from American Assets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Assets Trust 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 American Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, American Assets' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 18.37 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense58.6M58.2M64.7M58.0M
Depreciation And Amortization276.0M307.9M119.5M119.3M

American Assets fundamental ratios Correlations

0.790.83-0.450.580.710.62-0.450.850.70.430.780.710.870.820.340.8-0.190.83-0.550.660.85-0.450.540.450.74
0.790.96-0.440.570.980.77-0.510.940.950.611.00.890.720.950.520.61-0.260.96-0.760.920.97-0.510.570.790.92
0.830.96-0.450.510.890.65-0.490.990.90.510.960.850.770.990.420.69-0.310.99-0.80.861.0-0.490.610.70.9
-0.45-0.44-0.45-0.04-0.39-0.530.12-0.41-0.41-0.57-0.4-0.31-0.46-0.48-0.51-0.420.05-0.50.57-0.5-0.470.12-0.63-0.45-0.39
0.580.570.51-0.040.570.6-0.480.510.60.280.590.610.460.420.20.36-0.370.44-0.180.470.54-0.480.080.50.49
0.710.980.89-0.390.570.8-0.490.850.940.650.980.870.640.870.560.51-0.260.89-0.710.940.91-0.490.510.820.91
0.620.770.65-0.530.60.8-0.370.590.760.790.770.670.590.610.720.410.120.66-0.480.720.69-0.370.490.790.63
-0.45-0.51-0.490.12-0.48-0.49-0.37-0.54-0.490.1-0.56-0.84-0.24-0.460.25-0.160.45-0.460.33-0.32-0.51.00.29-0.23-0.4
0.850.940.99-0.410.510.850.59-0.540.870.410.930.850.760.990.320.69-0.330.98-0.790.80.99-0.540.550.630.87
0.70.950.9-0.410.60.940.76-0.490.870.590.950.850.650.880.50.53-0.310.89-0.720.90.92-0.490.520.830.86
0.430.610.51-0.570.280.650.790.10.410.590.570.320.480.50.980.370.10.54-0.420.660.540.10.760.670.58
0.781.00.96-0.40.590.980.77-0.560.930.950.570.920.690.930.480.57-0.280.95-0.740.910.96-0.560.50.770.91
0.710.890.85-0.310.610.870.67-0.840.850.850.320.920.530.820.190.4-0.380.83-0.60.740.86-0.840.170.610.77
0.870.720.77-0.460.460.640.59-0.240.760.650.480.690.530.760.420.97-0.120.77-0.720.660.78-0.240.70.60.76
0.820.950.99-0.480.420.870.61-0.460.990.880.50.930.820.760.420.69-0.271.0-0.820.840.99-0.460.630.670.88
0.340.520.42-0.510.20.560.720.250.320.50.980.480.190.420.420.310.20.45-0.350.590.450.250.760.610.48
0.80.610.69-0.420.360.510.41-0.160.690.530.370.570.40.970.690.31-0.20.69-0.710.560.69-0.160.70.50.72
-0.19-0.26-0.310.05-0.37-0.260.120.45-0.33-0.310.1-0.28-0.38-0.12-0.270.2-0.2-0.250.29-0.23-0.290.450.05-0.09-0.41
0.830.960.99-0.50.440.890.66-0.460.980.890.540.950.830.771.00.450.69-0.25-0.820.860.99-0.460.640.690.89
-0.55-0.76-0.80.57-0.18-0.71-0.480.33-0.79-0.72-0.42-0.74-0.6-0.72-0.82-0.35-0.710.29-0.82-0.74-0.790.33-0.65-0.71-0.8
0.660.920.86-0.50.470.940.72-0.320.80.90.660.910.740.660.840.590.56-0.230.86-0.740.86-0.320.610.850.86
0.850.971.0-0.470.540.910.69-0.50.990.920.540.960.860.780.990.450.69-0.290.99-0.790.86-0.50.610.720.89
-0.45-0.51-0.490.12-0.48-0.49-0.371.0-0.54-0.490.1-0.56-0.84-0.24-0.460.25-0.160.45-0.460.33-0.32-0.50.29-0.23-0.4
0.540.570.61-0.630.080.510.490.290.550.520.760.50.170.70.630.760.70.050.64-0.650.610.610.290.590.64
0.450.790.7-0.450.50.820.79-0.230.630.830.670.770.610.60.670.610.5-0.090.69-0.710.850.72-0.230.590.78
0.740.920.9-0.390.490.910.63-0.40.870.860.580.910.770.760.880.480.72-0.410.89-0.80.860.89-0.40.640.78
Click cells to compare fundamentals

American Assets Account Relationship Matchups

American Assets fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding54.1M76.1M76.2M76.2M76.3M67.0M
Total Assets2.8B2.8B3.0B3.0B3.0B2.3B
Short Long Term Debt Total1.4B1.4B1.6B1.7B1.7B1.3B
Other Current Liab(76.6M)(150M)(1.7B)(22.0M)(91.1M)(95.7M)
Total Current Liabilities70.9M165.0M72.4M108.7M98.1M75.3M
Total Stockholder Equity1.3B1.3B1.2B1.2B1.2B862.2M
Other Liab69.7M97.9M94.1M62.4M71.8M65.0M
Net Debt1.3B1.3B1.5B1.6B1.6B1.2B
Accounts Payable62.6M59.3M64.5M66.0M61.3M43.8M
Cash99.3M137.3M139.5M49.6M82.9M73.7M
Non Current Assets Total2.7B2.7B2.8B2.8B2.8B2.2B
Non Currrent Assets Other2.6B2.6B2.7B2.8B2.7B1.8B
Other Assets46.4M2.7B2.9B2.8B2.8B2.9B
Long Term Debt1.4B1.3B1.6B1.6B1.7B1.3B
Cash And Short Term Investments99.3M137.3M139.5M49.6M82.9M75.7M
Net Receivables12.0M79.4M90.2M95.0M96.8M101.7M
Liabilities And Stockholders Equity2.8B2.8B3.0B3.0B3.0B2.3B
Non Current Liabilities Total1.4B1.4B1.7B1.7B1.7B1.3B
Other Current Assets(173.6M)10.4M(229.7M)(144.6M)(179.7M)(170.7M)
Other Stockholder Equity1.6B1.4B1.7B1.7B1.1B1.0B
Total Liab1.5B1.6B1.8B1.8B1.8B1.4B
Total Current Assets121.5M146.0M229.7M144.6M190.2M126.8M
Accumulated Other Comprehensive Income5.7M1.8M2.9M10.6M8.3M8.7M
Intangible Assets76.8M67.1M70.3M64.2M57.2M50.0M
Net Tangible Assets1.3B1.3B1.2B1.2B1.4B1.0B
Noncontrolling Interest In Consolidated Entity(20.2M)(18.0M)(28.8M)(35.7M)(32.2M)(30.6M)
Retained Earnings(144.4M)(176.6M)(217.8M)(251.2M)(280.2M)(266.2M)
Common Stock Total Equity474K601K605K607K698.1K541.6K
Retained Earnings Total Equity(144.4M)(176.6M)(217.8M)(251.2M)(226.1M)(214.7M)
Long Term Debt Total1.4B1.3B1.6B1.6B1.9B1.3B
Capital Surpluse1.5B1.4B1.5B1.5B1.7B1.1B
Deferred Long Term Liab46.4M39.2M39.2M39.7M45.7M25.6M
Non Current Liabilities Other68.1M91.3M86.2M79.6M16.6M15.8M
Short Term Debt51.0M150M1.6B34.1M100M188.1M

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