American Cash vs Net Invested Capital Analysis

AOUT Stock

USD 15.09 0.15 1.00%

American Outdoor financial indicator trend analysis is way more than just evaluating American Outdoor Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Outdoor Brands is a good investment. Please check the relationship between American Outdoor Cash and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Outdoor 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 employment.

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Outdoor Brands Cash account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between American Outdoor's Cash and Net Invested Capital is -0.56. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of American Outdoor Brands, assuming nothing else is changed. The correlation between historical values of American Outdoor's Cash and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of American Outdoor Brands are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., American Outdoor's Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

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Cash

Cash refers to the most liquid asset of American Outdoor Brands, which is listed under current asset account on American Outdoor Brands balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from American Outdoor customers. The amounts must be unrestricted with restricted cash listed in a different American Outdoor account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from American Outdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Outdoor 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 American Outdoor 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 employment.

At this time, American Outdoor's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 30.98 in 2024, whereas Tax Provision is likely to drop (73.5 K) in 2024.

	2021	2023	2024 (projected)
Depreciation And Amortization	17.0M	16.1M	16.2M
Interest Income	39K	35.1K	33.3K

Depreciation And Amortization Interest Income

American Outdoor fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other
Common Stock Shares Outstanding		0.65	0.44	-0.32	0.59	0.43	-0.39	-0.43	-0.22	-0.37	-0.24	0.49	-0.38	0.2	-0.24	0.43	0.54	-0.34	-0.42	-0.37	-0.28	-0.36	0.61	-0.46	-0.38	-0.72
Total Assets	0.65		0.41	-0.46	0.98	0.89	-0.71	-0.7	-0.41	-0.56	-0.42	0.93	-0.63	0.1	-0.42	-0.09	0.92	-0.59	-0.72	-0.69	-0.37	-0.6	0.98	-0.7	-0.68	-0.84
Other Current Liab	0.44	0.41		0.42	0.33	0.06	0.13	0.05	-0.88	0.25	0.45	0.22	0.28	0.8	0.45	0.56	0.24	-0.22	-0.41	-0.12	0.05	-0.04	0.3	0.08	0.02	-0.5
Total Current Liabilities	-0.32	-0.46	0.42		-0.59	-0.76	0.9	0.86	-0.32	0.97	0.97	-0.69	0.97	0.75	0.97	0.47	-0.71	0.69	0.58	0.79	0.73	0.83	-0.59	0.8	0.89	0.49
Total Stockholder Equity	0.59	0.98	0.33	-0.59		0.94	-0.83	-0.83	-0.39	-0.7	-0.56	0.98	-0.75	-0.02	-0.56	-0.14	0.98	-0.75	-0.83	-0.82	-0.54	-0.75	1.0	-0.81	-0.81	-0.89
Other Liab	0.43	0.89	0.06	-0.76	0.94		-0.9	-0.84	-0.13	-0.81	-0.74	0.97	-0.86	-0.34	-0.74	-0.46	0.97	-0.72	-0.77	-0.86	-0.55	-0.78	0.93	-0.78	-0.89	-0.72
Net Tangible Assets	-0.39	-0.71	0.13	0.9	-0.83	-0.9		0.98	-0.02	0.96	0.91	-0.9	0.96	0.5	0.91	0.34	-0.91	0.85	0.81	0.94	0.83	0.92	-0.83	0.93	0.97	0.75
Property Plant And Equipment Net	-0.43	-0.7	0.05	0.86	-0.83	-0.84	0.98		0.07	0.94	0.86	-0.88	0.93	0.4	0.86	0.18	-0.89	0.89	0.84	0.93	0.88	0.94	-0.82	0.97	0.95	0.82
Net Debt	-0.22	-0.41	-0.88	-0.32	-0.39	-0.13	-0.02	0.07		-0.14	-0.4	-0.29	-0.13	-0.77	-0.4	-0.43	-0.3	0.38	0.52	0.19	0.02	0.19	-0.34	0.08	0.07	0.51
Accounts Payable	-0.37	-0.56	0.25	0.97	-0.7	-0.81	0.96	0.94	-0.14		0.95	-0.79	0.98	0.63	0.95	0.36	-0.81	0.83	0.74	0.89	0.84	0.93	-0.69	0.88	0.96	0.65
Cash	-0.24	-0.42	0.45	0.97	-0.56	-0.74	0.91	0.86	-0.4	0.95		-0.67	0.92	0.8	1.0	0.5	-0.69	0.67	0.56	0.81	0.79	0.81	-0.56	0.78	0.88	0.46
Non Current Assets Total	0.49	0.93	0.22	-0.69	0.98	0.97	-0.9	-0.88	-0.29	-0.79	-0.67		-0.82	-0.18	-0.67	-0.27	1.0	-0.8	-0.86	-0.89	-0.63	-0.82	0.97	-0.84	-0.89	-0.85
Non Currrent Assets Other	-0.38	-0.63	0.28	0.97	-0.75	-0.86	0.96	0.93	-0.13	0.98	0.92	-0.82		0.59	0.92	0.41	-0.83	0.77	0.7	0.84	0.74	0.89	-0.75	0.9	0.92	0.64
Other Assets	0.2	0.1	0.8	0.75	-0.02	-0.34	0.5	0.4	-0.77	0.63	0.8	-0.18	0.59		0.8	0.73	-0.18	0.2	0.05	0.38	0.41	0.39	-0.03	0.29	0.5	-0.15
Cash And Short Term Investments	-0.24	-0.42	0.45	0.97	-0.56	-0.74	0.91	0.86	-0.4	0.95	1.0	-0.67	0.92	0.8		0.5	-0.69	0.67	0.56	0.81	0.79	0.81	-0.56	0.78	0.88	0.46
Net Receivables	0.43	-0.09	0.56	0.47	-0.14	-0.46	0.34	0.18	-0.43	0.36	0.5	-0.27	0.41	0.73	0.5		-0.23	0.06	0.02	0.27	0.01	0.19	-0.14	0.07	0.35	-0.26
Good Will	0.54	0.92	0.24	-0.71	0.98	0.97	-0.91	-0.89	-0.3	-0.81	-0.69	1.0	-0.83	-0.18	-0.69	-0.23		-0.82	-0.88	-0.91	-0.65	-0.85	0.97	-0.84	-0.9	-0.87
Non Current Liabilities Total	-0.34	-0.59	-0.22	0.69	-0.75	-0.72	0.85	0.89	0.38	0.83	0.67	-0.8	0.77	0.2	0.67	0.06	-0.82		0.97	0.93	0.88	0.98	-0.7	0.82	0.91	0.83
Inventory	-0.42	-0.72	-0.41	0.58	-0.83	-0.77	0.81	0.84	0.52	0.74	0.56	-0.86	0.7	0.05	0.56	0.02	-0.88	0.97		0.93	0.79	0.92	-0.79	0.77	0.87	0.89
Other Current Assets	-0.37	-0.69	-0.12	0.79	-0.82	-0.86	0.94	0.93	0.19	0.89	0.81	-0.89	0.84	0.38	0.81	0.27	-0.91	0.93	0.93		0.87	0.96	-0.79	0.82	0.98	0.8
Other Stockholder Equity	-0.28	-0.37	0.05	0.73	-0.54	-0.55	0.83	0.88	0.02	0.84	0.79	-0.63	0.74	0.41	0.79	0.01	-0.65	0.88	0.79	0.87		0.9	-0.51	0.81	0.85	0.7
Total Liab	-0.36	-0.6	-0.04	0.83	-0.75	-0.78	0.92	0.94	0.19	0.93	0.81	-0.82	0.89	0.39	0.81	0.19	-0.85	0.98	0.92	0.96	0.9		-0.71	0.87	0.96	0.79
Net Invested Capital	0.61	0.98	0.3	-0.59	1.0	0.93	-0.83	-0.82	-0.34	-0.69	-0.56	0.97	-0.75	-0.03	-0.56	-0.14	0.97	-0.7	-0.79	-0.79	-0.51	-0.71		-0.81	-0.78	-0.87
Property Plant And Equipment Gross	-0.46	-0.7	0.08	0.8	-0.81	-0.78	0.93	0.97	0.08	0.88	0.78	-0.84	0.9	0.29	0.78	0.07	-0.84	0.82	0.77	0.82	0.81	0.87	-0.81		0.85	0.82
Total Current Assets	-0.38	-0.68	0.02	0.89	-0.81	-0.89	0.97	0.95	0.07	0.96	0.88	-0.89	0.92	0.5	0.88	0.35	-0.9	0.91	0.87	0.98	0.85	0.96	-0.78	0.85		0.75
Non Current Liabilities Other	-0.72	-0.84	-0.5	0.49	-0.89	-0.72	0.75	0.82	0.51	0.65	0.46	-0.85	0.64	-0.15	0.46	-0.26	-0.87	0.83	0.89	0.8	0.7	0.79	-0.87	0.82	0.75

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American Outdoor Account Relationship Matchups

American Outdoor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	248.4M	341.3M	277.8M	243.6M	240.6M	227.5M
Other Current Liab	11.1M	15.7M	9.1M	9.3M	12.2M	9.2M
Total Current Liabilities	21.4M	36.3M	27.0M	23.0M	29.4M	28.8M
Total Stockholder Equity	224.1M	279.9M	203.0M	191.9M	177.9M	186.9M
Other Liab	106K	236K	31K	34K	30.6K	29.1K
Net Tangible Assets	90.6M	161.9M	139.8M	139.8M	160.8M	133.3M
Property Plant And Equipment Net	12.4M	36.4M	34.5M	33.7M	44.6M	31.9M
Net Debt	3.9M	(34.3M)	30.1M	7.6M	4.9M	5.2M
Accounts Payable	8.9M	16.0M	13.6M	11.5M	14.2M	13.4M
Cash	234K	60.8M	19.5M	22.0M	29.7M	24.3M
Non Current Assets Total	146.2M	161.4M	98.0M	86.0M	85.2M	112.1M
Non Currrent Assets Other	242K	424K	336K	260K	404K	339.7K
Other Assets	242K	7.1M	336K	260K	299K	284.1K
Cash And Short Term Investments	234K	60.8M	19.5M	22.0M	29.7M	24.3M
Net Receivables	35.2M	37.5M	30.1M	28.1M	26.0M	24.5M
Liabilities And Stockholders Equity	248.4M	341.3M	277.8M	243.6M	240.6M	227.5M
Non Current Liabilities Total	2.9M	25.0M	47.8M	28.7M	33.3M	27.1M
Capital Lease Obligations	4.2M	26.6M	24.9M	25.0M	34.6M	21.1M
Inventory	60.0M	74.3M	121.7M	99.7M	93.3M	93.5M
Other Current Assets	3.2M	7.2M	8.5M	7.8M	6.4M	6.6M
Other Stockholder Equity	(224.1M)	265.4M	253.4M	254.2M	252.5M	148.6M
Total Liab	24.3M	61.4M	74.8M	51.7M	62.7M	55.9M
Net Invested Capital	224.1M	279.9M	227.7M	196.5M	177.9M	190.8M
Property Plant And Equipment Gross	12.4M	36.4M	34.5M	33.7M	62.2M	35.2M
Total Current Assets	102.3M	179.8M	179.8M	157.6M	155.4M	158.8M
Non Current Liabilities Other	106K	236K	23.1M	24.1M	27.7M	29.1M
Net Working Capital	80.9M	143.5M	152.8M	134.6M	126.0M	129.9M
Intangible Assets	69.2M	53.6M	63.2M	52.0M	40.2M	48.8M
Property Plant Equipment	12.4M	36.4M	10.6M	9.5M	8.5M	13.0M

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