AAT Stock | | | USD 28.61 0.06 0.21% |
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 Cost Of Revenue and its Reconciled Depreciation 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.
Cost Of Revenue vs Reconciled Depreciation
Cost Of Revenue vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Assets Trust Cost Of Revenue account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between American Assets' Cost Of Revenue and Reconciled Depreciation is 0.72. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation 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' Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of American Assets Trust are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., American Assets' Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on American Assets Trust income statement and represents the costs associated with goods and services American Assets provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Reconciled Depreciation
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.
American Assets fundamental ratios Correlations
Click cells to compare fundamentals
American Assets Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Assets fundamental ratios Accounts
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Additional Tools for American Stock Analysis
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measure American Assets' 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 Assets is operating at the current time. Most of American Assets' value examination focuses on studying past and present price action to
predict the probability of American Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Assets' price. Additionally, you may evaluate how the addition of American Assets to your portfolios can decrease your overall portfolio volatility.