Acco Total Liab vs Net Receivables Analysis

ACCO Stock  USD 5.86  0.10  1.68%   
Acco Brands financial indicator trend analysis is way more than just evaluating Acco Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acco Brands is a good investment. Please check the relationship between Acco Brands Total Liab and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.

Total Liab vs Net Receivables

Total Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acco Brands Total Liab account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Acco Brands' Total Liab and Net Receivables is 0.81. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Acco Brands, assuming nothing else is changed. The correlation between historical values of Acco Brands' Total Liab and Net Receivables 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 Liab of Acco Brands are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Liab i.e., Acco Brands' Total Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Receivables

Most indicators from Acco Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acco Brands 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 Acco Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.As of the 28th of November 2024, Selling General Administrative is likely to grow to about 327.2 M, while Tax Provision is likely to drop about 26.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit614.9M552.3M598.3M488.7M
Total Revenue2.0B1.9B1.8B1.5B

Acco Brands fundamental ratios Correlations

0.930.50.950.90.940.790.94-0.120.850.050.99-0.130.050.840.98-0.560.80.960.860.810.810.980.480.9-0.01
0.930.560.870.720.880.761.0-0.290.750.220.90.030.220.790.87-0.710.70.970.850.750.80.960.520.9-0.04
0.50.560.570.410.480.220.580.280.5-0.080.51-0.42-0.080.190.5-0.320.180.470.670.360.20.510.880.40.29
0.950.870.570.820.90.720.87-0.020.950.120.93-0.270.120.730.91-0.590.670.90.940.880.70.950.590.88-0.07
0.90.720.410.820.80.650.750.070.72-0.230.91-0.25-0.230.760.93-0.250.810.760.730.670.720.790.420.750.06
0.940.880.480.90.80.720.9-0.090.81-0.050.94-0.13-0.050.780.92-0.540.690.930.780.790.720.940.460.82-0.04
0.790.760.220.720.650.720.73-0.520.620.380.730.280.380.930.73-0.70.830.810.580.670.860.80.330.88-0.14
0.941.00.580.870.750.90.73-0.240.750.130.920.00.130.780.89-0.660.70.970.850.730.780.960.530.88-0.03
-0.12-0.290.28-0.020.07-0.09-0.52-0.24-0.04-0.65-0.03-0.81-0.65-0.53-0.040.67-0.47-0.270.02-0.21-0.62-0.210.26-0.42-0.05
0.850.750.50.950.720.810.620.75-0.040.140.82-0.220.140.660.81-0.550.60.790.920.930.630.850.520.84-0.03
0.050.22-0.080.12-0.23-0.050.380.13-0.650.14-0.040.411.00.23-0.11-0.710.20.210.150.250.340.19-0.030.35-0.04
0.990.90.510.930.910.940.730.92-0.030.82-0.04-0.21-0.040.780.99-0.480.760.940.830.770.760.960.460.840.02
-0.130.03-0.42-0.27-0.25-0.130.280.0-0.81-0.220.41-0.210.410.31-0.22-0.210.160.02-0.26-0.10.26-0.06-0.390.16-0.07
0.050.22-0.080.12-0.23-0.050.380.13-0.650.141.0-0.040.410.23-0.11-0.710.20.210.150.250.340.19-0.030.35-0.04
0.840.790.190.730.760.780.930.78-0.530.660.230.780.310.230.78-0.630.90.820.610.710.920.810.280.92-0.03
0.980.870.50.910.930.920.730.89-0.040.81-0.110.99-0.22-0.110.78-0.460.780.910.80.770.770.930.440.820.05
-0.56-0.71-0.32-0.59-0.25-0.54-0.7-0.660.67-0.55-0.71-0.48-0.21-0.71-0.63-0.46-0.59-0.68-0.56-0.66-0.75-0.67-0.34-0.74-0.04
0.80.70.180.670.810.690.830.7-0.470.60.20.760.160.20.90.78-0.590.750.540.660.960.740.170.820.2
0.960.970.470.90.760.930.810.97-0.270.790.210.940.020.210.820.91-0.680.750.810.790.820.990.410.9-0.03
0.860.850.670.940.730.780.580.850.020.920.150.83-0.260.150.610.8-0.560.540.810.840.60.870.690.85-0.07
0.810.750.360.880.670.790.670.73-0.210.930.250.77-0.10.250.710.77-0.660.660.790.840.720.830.440.86-0.1
0.810.80.20.70.720.720.860.78-0.620.630.340.760.260.340.920.77-0.750.960.820.60.720.80.180.880.16
0.980.960.510.950.790.940.80.96-0.210.850.190.96-0.060.190.810.93-0.670.740.990.870.830.80.470.91-0.04
0.480.520.880.590.420.460.330.530.260.52-0.030.46-0.39-0.030.280.44-0.340.170.410.690.440.180.470.48-0.05
0.90.90.40.880.750.820.880.88-0.420.840.350.840.160.350.920.82-0.740.820.90.850.860.880.910.48-0.09
-0.01-0.040.29-0.070.06-0.04-0.14-0.03-0.05-0.03-0.040.02-0.07-0.04-0.030.05-0.040.2-0.03-0.07-0.10.16-0.04-0.05-0.09
Click cells to compare fundamentals

Acco Brands Account Relationship Matchups

Acco Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.0B3.1B2.8B2.6B1.8B
Short Long Term Debt Total922M1.2B1.1B1.1B1.0B737.4M
Other Current Liab139.9M255M308.6M247.1M280.6M294.6M
Total Current Liabilities588.8M556.9M708.6M589M542M386.8M
Total Stockholder Equity773.7M742.7M864.8M810.1M787M413.6M
Property Plant And Equipment Net369M330.6M319.8M273.9M261.1M211.8M
Current Deferred Revenue157.3M148.2M132.4M158.3M115.9M136.0M
Net Debt894.2M1.2B1.1B1.0B949.8M692.4M
Retained Earnings(574.2M)(537.3M)(462M)(504.4M)(556M)(583.8M)
Accounts Payable245.7M180.2M308.2M239.5M183.7M142.9M
Cash27.8M36.6M41.2M62.2M66.4M44.9M
Non Current Assets Total2.0B2.3B2.2B1.9B1.8B1.1B
Non Currrent Assets Other17.4M16.9M15.8M15.4M17.9M33.3M
Cash And Short Term Investments27.8M36.6M41.2M62.2M66.4M44.9M
Net Receivables453.7M356M416.1M384.1M430.7M326.2M
Good Will718.6M827.4M802.5M671.5M590M450.5M
Liabilities And Stockholders Equity2.8B3.0B3.1B2.8B2.6B1.8B
Non Current Liabilities Total1.4B1.7B1.5B1.4B1.3B957.4M
Inventory283.3M305.1M428M395.2M327.5M235.0M
Other Current Assets41.2M30.5M39.6M40.8M30.8M27.2M
Other Stockholder Equity1.9B1.8B1.9B1.9B1.9B1.2B
Total Liab2.0B2.3B2.2B2.0B1.9B1.3B
Property Plant And Equipment Gross369M330.6M656.4M589.2M690.6M725.1M
Total Current Assets806M728.2M924.9M882.3M855.4M651.6M
Accumulated Other Comprehensive Income(505.7M)(564.2M)(535.5M)(540.3M)(526.3M)(500.0M)
Short Term Debt55M121.7M91.8M102.4M77.7M61.9M
Other Liab559.1M618M474.8M383.9M441.5M282.4M
Other Assets136.4M185.5M141.9M120M138M134.6M
Intangible Assets758.6M977M902.2M847M815.7M564.5M
Property Plant Equipment267.1M241.4M319.8M185.1M212.9M243.9M
Long Term Debt777.2M1.1B954.1M936.5M882.2M910.2M
Treasury Stock(38.2M)(39.9M)(40.9M)(43.4M)(39.1M)(37.1M)
Net Tangible Assets(703.5M)(1.1B)(839.9M)(708.4M)(637.6M)(669.4M)
Retained Earnings Total Equity(574.2M)(537.3M)(462M)(504.4M)(580.1M)(609.1M)
Long Term Debt Total777.2M1.1B954.1M936.5M1.1B940.7M
Capital Surpluse1.9B1.9B1.9B1.9B2.2B2.1B
Deferred Long Term Liab177.5M170.6M145.2M144.1M165.7M171.6M

Pair Trading with Acco Brands

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 Acco Brands 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 Acco Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acco Stock

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Moving against Acco Stock

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  0.59MG Mistras GroupPairCorr
  0.59BCO Brinks CompanyPairCorr
  0.57LNZA LanzaTech GlobalPairCorr
  0.45BA Boeing Fiscal Year End 29th of January 2025 PairCorr
The ability to find closely correlated positions to Acco Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acco Brands 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 Acco Brands - 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 Acco Brands to buy it.
The correlation of Acco Brands 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 Acco Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acco Brands 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 Acco Brands 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 CorrelationCorrelation Matching
When determining whether Acco Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acco Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acco Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acco Brands Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Commercial Services & Supplies 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 Acco Brands. If investors know Acco 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 Acco Brands 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
(0.40)
Dividend Share
0.3
Earnings Share
(1.90)
Revenue Per Share
17.769
Quarterly Revenue Growth
(0.06)
The market value of Acco Brands is measured differently than its book value, which is the value of Acco that is recorded on the company's balance sheet. Investors also form their own opinion of Acco Brands' value that differs from its market value or its book value, called intrinsic value, which is Acco Brands' 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 Acco Brands' market value can be influenced by many factors that don't directly affect Acco Brands' 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 Acco Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acco Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acco Brands' 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.