AmeriServ Change To Account Receivables vs Change In Cash Analysis

ASRV Stock  USD 2.86  0.03  1.06%   
AmeriServ Financial financial indicator trend analysis is way more than just evaluating AmeriServ Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AmeriServ Financial is a good investment. Please check the relationship between AmeriServ Financial Change To Account Receivables and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AmeriServ Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.

Change To Account Receivables vs Change In Cash

Change To Account Receivables vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AmeriServ Financial Change To Account Receivables account and Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AmeriServ Financial's Change To Account Receivables and Change In Cash is -0.04. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change In Cash in the same time period over historical financial statements of AmeriServ Financial, assuming nothing else is changed. The correlation between historical values of AmeriServ Financial's Change To Account Receivables and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of AmeriServ Financial are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Change To Account Receivables i.e., AmeriServ Financial's Change To Account Receivables and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Account Receivables

Change In Cash

Most indicators from AmeriServ Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AmeriServ Financial 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 AmeriServ Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy AmeriServ Stock please use our How to Invest in AmeriServ Financial guide.Selling General Administrative is likely to drop to about 26.1 M in 2024. Tax Provision is likely to climb to about (989.9 K) in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses48.1M3.2M52.4M26.3M
Interest Expense7.6M8.5M24.8M23.6M

AmeriServ Financial fundamental ratios Correlations

0.380.27-0.040.83-0.470.460.19-0.720.230.19-0.030.170.20.950.32-0.16-0.330.1-0.93-0.260.29-0.4-0.93-0.93-0.17
0.380.540.190.420.480.610.93-0.54-0.29-0.330.610.05-0.070.351.00.50.270.6-0.31-0.660.7-0.75-0.64-0.64-0.31
0.270.540.470.310.080.960.64-0.58-0.070.120.28-0.260.280.10.560.42-0.190.78-0.14-0.330.54-0.56-0.51-0.5-0.57
-0.040.190.470.140.00.490.29-0.490.250.5-0.17-0.640.24-0.250.220.69-0.150.310.310.110.54-0.46-0.13-0.13-0.53
0.830.420.310.14-0.30.440.28-0.640.040.060.130.120.010.730.350.16-0.110.31-0.74-0.410.48-0.56-0.84-0.84-0.23
-0.470.480.080.0-0.30.030.60.08-0.71-0.710.730.0-0.55-0.440.520.430.760.330.43-0.590.46-0.420.210.210.13
0.460.610.960.490.440.030.66-0.77-0.020.150.27-0.280.320.290.620.43-0.250.7-0.31-0.370.62-0.66-0.67-0.67-0.64
0.190.930.640.290.280.60.66-0.53-0.48-0.420.72-0.04-0.210.080.940.660.410.69-0.11-0.740.81-0.84-0.51-0.51-0.37
-0.72-0.54-0.58-0.49-0.640.08-0.77-0.53-0.01-0.15-0.20.25-0.13-0.53-0.52-0.370.16-0.40.520.43-0.750.790.840.840.43
0.23-0.29-0.070.250.04-0.71-0.02-0.48-0.010.93-0.93-0.020.70.27-0.3-0.36-0.76-0.44-0.20.84-0.480.47-0.05-0.05-0.28
0.19-0.330.120.50.06-0.710.15-0.42-0.150.93-0.9-0.220.680.13-0.33-0.18-0.76-0.28-0.080.79-0.310.32-0.06-0.06-0.37
-0.030.610.28-0.170.130.730.270.72-0.2-0.93-0.90.01-0.54-0.060.610.460.660.60.03-0.930.63-0.65-0.2-0.20.09
0.170.05-0.26-0.640.120.0-0.28-0.040.25-0.02-0.220.01-0.390.290.02-0.540.3-0.27-0.46-0.12-0.290.18-0.16-0.160.37
0.2-0.070.280.240.01-0.550.32-0.21-0.130.70.68-0.54-0.390.23-0.07-0.06-0.940.02-0.110.61-0.330.32-0.08-0.08-0.58
0.950.350.1-0.250.73-0.440.290.08-0.530.270.13-0.060.290.230.29-0.34-0.34-0.03-0.94-0.180.1-0.21-0.82-0.82-0.04
0.321.00.560.220.350.520.620.94-0.52-0.3-0.330.610.02-0.070.290.530.290.61-0.24-0.650.71-0.75-0.59-0.59-0.32
-0.160.50.420.690.160.430.430.66-0.37-0.36-0.180.46-0.54-0.06-0.340.530.260.560.35-0.410.74-0.68-0.11-0.11-0.54
-0.330.27-0.19-0.15-0.110.76-0.250.410.16-0.76-0.760.660.3-0.94-0.340.290.260.110.25-0.660.42-0.40.130.130.46
0.10.60.780.310.310.330.70.69-0.4-0.44-0.280.6-0.270.02-0.030.610.560.110.07-0.570.61-0.62-0.35-0.35-0.27
-0.93-0.31-0.140.31-0.740.43-0.31-0.110.52-0.2-0.080.03-0.46-0.11-0.94-0.240.350.250.070.24-0.10.230.840.840.12
-0.26-0.66-0.330.11-0.41-0.59-0.37-0.740.430.840.79-0.93-0.120.61-0.18-0.65-0.41-0.66-0.570.24-0.760.80.480.48-0.1
0.290.70.540.540.480.460.620.81-0.75-0.48-0.310.63-0.29-0.330.10.710.740.420.61-0.1-0.76-0.99-0.57-0.56-0.27
-0.4-0.75-0.56-0.46-0.56-0.42-0.66-0.840.790.470.32-0.650.180.32-0.21-0.75-0.68-0.4-0.620.230.8-0.990.660.660.27
-0.93-0.64-0.51-0.13-0.840.21-0.67-0.510.84-0.05-0.06-0.2-0.16-0.08-0.82-0.59-0.110.13-0.350.840.48-0.570.661.00.3
-0.93-0.64-0.5-0.13-0.840.21-0.67-0.510.84-0.05-0.06-0.2-0.16-0.08-0.82-0.59-0.110.13-0.350.840.48-0.560.661.00.3
-0.17-0.31-0.57-0.53-0.230.13-0.64-0.370.43-0.28-0.370.090.37-0.58-0.04-0.32-0.540.46-0.270.12-0.1-0.270.270.30.3
Click cells to compare fundamentals

AmeriServ Financial Account Relationship Matchups

AmeriServ Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding17.4M17.1M17.1M17.1M17.1M17.2M
Total Assets1.2B1.3B1.3B1.4B1.4B1.0B
Short Long Term Debt Total100.6M110.2M42.7M158.1M115.6M153.8M
Total Current Liabilities22.4M89.7M42.7M92.0M1.0B1.1B
Total Stockholder Equity98.6M104.4M116.5M104.0M102.3M113.5M
Property Plant And Equipment Net18.6M18.1M17.4M17.5M17.2M11.3M
Net Debt78.4M58.2M1.6M135.2M101.5M123.8M
Retained Earnings51.8M54.6M60.0M65.5M58.9M41.4M
Cash22.2M31.5M41.1M23.0M14.0M13.3M
Non Current Assets Total212.2M218.4M248.1M34.0M1.4B908.1M
Non Currrent Assets Other(4.0M)(1.6M)(248.1M)(241.4M)1.3B1.4B
Other Assets791.6M880.6M879.2M1.3B850K807.5K
Cash And Short Term Investments163.9M175.7M204.3M18.8M14.0M13.3M
Liabilities And Stockholders Equity1.2B1.3B1.3B1.4B1.4B1.0B
Non Current Liabilities Total78.2M89.4M73.8M1.2B1.2B850.5M
Other Stockholder Equity62.8M62.7M62.8M62.9M63.1M53.5M
Total Liab1.1B1.2B1.2B1.3B1.3B927.5M
Property Plant And Equipment Gross18.6M18.1M43.6M44.0M44.3M46.5M
Total Current Assets167.4M180.7M208.3M23.6M19.6M18.6M
Short Term Debt22.4M89.7M42.7M108.4M49.3M72.0M
Net Receivables3.4M5.1M4.0M4.8M5.5M5.5M
Other Current Liab(22.4M)(89.7M)(42.7M)(108.4M)976.1M784.8M
Inventory(26.5M)(36.6M)(46.1M)(28.7M)106.7M112.0M
Other Current Assets26.5M36.6M46.1M28.7M20.4M19.4M
Accumulated Other Comprehensive Income(16.2M)(13.2M)(6.5M)(22.5M)(20.0M)(19.0M)
Other Liab11.5M23.2M10.4M3.8M3.4M3.2M
Accounts Payable960.5M1.1B1.1B1.1B1.3B916.3M
Long Term Debt20.5M20.5M69.3M26.6M71.2M63.2M
Short Term Investments141.7M144.2M163.2M179.5M4.3M4.1M
Treasury Stock(78.2M)(80.6M)(83.1M)(83.3M)(75.0M)(78.7M)
Property Plant Equipment14.6M14.3M17.4M14.5M16.6M13.1M
Retained Earnings Total Equity46.7M51.8M54.6M65.5M75.3M38.7M
Net Tangible Assets86.7M92.5M102.8M92.6M106.5M96.2M
Capital Surpluse145.8M145.9M146.0M146.2M168.2M160.2M
Long Term Investments1.1B1.2B216.9M1.2B229.7M218.2M
Non Current Liabilities Other5.4M15.5M10.2M14.1M16.2M11.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for AmeriServ Stock Analysis

When running AmeriServ Financial's price analysis, check to measure AmeriServ Financial'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 AmeriServ Financial is operating at the current time. Most of AmeriServ Financial's value examination focuses on studying past and present price action to predict the probability of AmeriServ Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AmeriServ Financial's price. Additionally, you may evaluate how the addition of AmeriServ Financial to your portfolios can decrease your overall portfolio volatility.