AIZ Stock | | | USD 216.93 0.62 0.29% |
Assurant financial indicator trend analysis is way more than just evaluating Assurant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Assurant is a good investment. Please check the relationship between Assurant Free Cash Flow and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Assurant Stock please use our
How to Invest in Assurant guide.
Free Cash Flow vs Depreciation
Free Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Assurant Free Cash Flow account and
Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Assurant's Free Cash Flow and Depreciation is 0.2. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Assurant, assuming nothing else is changed. The correlation between historical values of Assurant's Free Cash Flow and 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 Free Cash Flow of Assurant are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Assurant's Free Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Depreciation
Depreciation indicates how much of Assurant value has been used up. For tax purposes Assurant can deduct the cost of the tangible assets it purchases as business expenses. However, Assurant must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Assurant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Assurant 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 Assurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Assurant Stock please use our
How to Invest in Assurant guide.At this time, Assurant's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.30 in 2024, whereas
Tax Provision is likely to drop slightly above 121.7
M in 2024.
Assurant fundamental ratios Correlations
Click cells to compare fundamentals
Assurant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Assurant fundamental ratios Accounts
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Additional Tools for Assurant Stock Analysis
When running Assurant's price analysis, check to
measure Assurant's 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 Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to
predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.