Andersons Net Receivables vs Short Term Investments Analysis
ANDE Stock | USD 47.93 0.11 0.23% |
Andersons financial indicator trend analysis is way more than just evaluating Andersons prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andersons is a good investment. Please check the relationship between Andersons Net Receivables and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Andersons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Net Receivables vs Short Term Investments
Net Receivables vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andersons Net Receivables account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Andersons' Net Receivables and Short Term Investments is 0.34. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of The Andersons, assuming nothing else is changed. The correlation between historical values of Andersons' Net Receivables and Short 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 Receivables of The Andersons are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Receivables i.e., Andersons' Net Receivables and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Short Term Investments
Short Term Investments is an item under the current assets section of Andersons balance sheet. It contains any investments The Andersons undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Andersons can easily liquidate in the marketplace.Most indicators from Andersons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andersons 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 The Andersons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At present, Andersons' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.01, whereas Selling General Administrative is forecasted to decline to about 247.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 592.7M | 684.2M | 745.4M | 782.6M | Total Revenue | 12.6B | 17.3B | 14.8B | 15.5B |
Andersons fundamental ratios Correlations
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Andersons Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Andersons fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 33.1M | 33.2M | 33.9M | 34.4M | 34.4M | 30.2M | |
Total Assets | 3.9B | 4.3B | 4.6B | 4.6B | 3.9B | 4.0B | |
Other Current Liab | 205.7M | 491.2M | 352.9M | 319.1M | 323.1M | 339.3M | |
Total Current Liabilities | 1.5B | 1.9B | 2.5B | 2.5B | 1.6B | 1.7B | |
Total Stockholder Equity | 1.2B | 1.2B | 1.1B | 1.4B | 1.3B | 1.3B | |
Net Debt | 1.2B | 1.4B | 949.4M | 797.1M | 21.4M | 20.4M | |
Retained Earnings | 642.7M | 626.1M | 702.8M | 807.8M | 882.9M | 927.1M | |
Accounts Payable | 873.1M | 954.8M | 1.2B | 1.4B | 1.1B | 1.1B | |
Cash | 54.9M | 29.1M | 216.4M | 115.3M | 643.9M | 676.0M | |
Non Current Assets Total | 2.0B | 1.9B | 1.2B | 1.1B | 1.0B | 693.6M | |
Non Currrent Assets Other | 20.8M | 49.9M | 112.2M | (15.8M) | 87.0M | 67.7M | |
Cash And Short Term Investments | 54.9M | 29.1M | 216.4M | 115.3M | 643.9M | 676.0M | |
Net Receivables | 536.4M | 641.3M | 835.2M | 1.2B | 762.5M | 800.7M | |
Liabilities And Stockholders Equity | 3.9B | 4.3B | 4.6B | 4.6B | 3.9B | 4.0B | |
Non Current Liabilities Total | 1.3B | 1.2B | 797.6M | 656.9M | 702.3M | 430.6M | |
Other Current Assets | 183.5M | 452.9M | 506.2M | 370.1M | 233.9M | 138.7M | |
Other Stockholder Equity | 338.0M | 347.7M | 368.3M | 370.2M | 376.9M | 395.8M | |
Total Liab | 2.7B | 3.1B | 3.3B | 3.2B | 2.3B | 1.2B | |
Total Current Assets | 2.0B | 2.4B | 3.4B | 3.5B | 2.8B | 2.9B | |
Short Long Term Debt Total | 1.3B | 1.4B | 1.2B | 912.4M | 665.3M | 480.9M | |
Property Plant And Equipment Net | 1.6B | 1.5B | 838.2M | 824.6M | 747.6M | 489.5M | |
Inventory | 1.2B | 1.3B | 1.8B | 1.7B | 1.2B | 668.6M | |
Property Plant And Equipment Gross | 1.6B | 1.5B | 786.0M | 762.7M | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | (7.2M) | (12.1M) | 1.2M | 20.5M | 22.9M | 24.0M | |
Short Term Debt | 227.6M | 485.7M | 553.6M | 408.1M | 93.0M | 141.5M | |
Common Stock Total Equity | 137K | 138K | 140K | 142K | 163.3K | 111.4K | |
Common Stock | 137K | 138K | 140K | 142K | 163.3K | 112.2K | |
Other Liab | 187.4M | 226.1M | 165.8M | 127.2M | 146.3M | 101.2M | |
Other Assets | 13.3M | 697.9M | 112.2M | 39.5M | 1.0 | 0.95 | |
Long Term Debt | 1.0B | 916.5M | 600.5M | 492.5M | 563.0M | 394.3M | |
Treasury Stock | (7.3M) | (966K) | (263K) | (15.0M) | (13.5M) | (14.2M) | |
Intangible Assets | 175.3M | 142.9M | 117.1M | 100.9M | 85.6M | 56.3M | |
Property Plant Equipment | 938.4M | 879.2M | 838.2M | 762.7M | 877.1M | 921.0M | |
Current Deferred Revenue | 133.6M | 180.2M | 358.1M | 370.5M | 187.1M | 105.8M | |
Net Tangible Assets | 973.6M | 961.9M | 1.1B | 1.2B | 1.4B | 884.6M | |
Noncontrolling Interest In Consolidated Entity | 222.0M | 198.8M | 235.3M | 231.2M | 265.8M | 279.1M | |
Retained Earnings Total Equity | 642.7M | 626.1M | 702.8M | 807.8M | 928.9M | 648.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Andersons is a strong investment it is important to analyze Andersons' 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 Andersons' future performance. For an informed investment choice regarding Andersons Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Andersons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Consumer Staples Distribution & Retail 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 Andersons. If investors know Andersons 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 Andersons 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 1.857 | Dividend Share 0.75 | Earnings Share 3.49 | Revenue Per Share 334.204 | Quarterly Revenue Growth (0.28) |
The market value of Andersons is measured differently than its book value, which is the value of Andersons that is recorded on the company's balance sheet. Investors also form their own opinion of Andersons' value that differs from its market value or its book value, called intrinsic value, which is Andersons' 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 Andersons' market value can be influenced by many factors that don't directly affect Andersons' 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 Andersons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Andersons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Andersons' 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.