AmeriServ Other Current Assets vs Common Stock Shares Outstanding Analysis

ASRV Stock  USD 2.81  0.01  0.36%   
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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AmeriServ Financial Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AmeriServ Financial's Other Current Assets and Common Stock Shares Outstanding is -0.4. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of AmeriServ Financial are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., AmeriServ Financial's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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
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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

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