Astec Current Deferred Revenue vs Total Assets Analysis

ASTE Stock  USD 35.91  0.60  1.64%   
Astec Industries financial indicator trend analysis is way more than just evaluating Astec Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Astec Industries is a good investment. Please check the relationship between Astec Industries Current Deferred Revenue and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Astec Industries Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Astec Industries' Current Deferred Revenue and Total Assets is -0.87. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Astec Industries, assuming nothing else is changed. The correlation between historical values of Astec Industries' Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Astec Industries are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Astec Industries' Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Astec Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Astec Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Astec Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Astec Industries 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 Astec Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.The current year's Selling General Administrative is expected to grow to about 288.3 M, whereas Discontinued Operations is forecasted to decline to about 5.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M2.5M8.9M9.3M
Depreciation And Amortization30.2M27.9M25.6M15.1M

Astec Industries fundamental ratios Correlations

0.470.710.90.730.73-0.020.960.350.80.550.360.790.840.670.910.560.770.850.81.0-0.210.580.820.860.86
0.470.660.73-0.1-0.080.690.23-0.210.180.81-0.210.310.00.940.480.54-0.060.830.670.46-0.10.030.820.390.4
0.710.660.840.180.190.240.580.120.340.810.140.350.320.730.660.530.220.830.780.7-0.010.190.830.750.76
0.90.730.840.430.420.190.760.260.610.810.270.680.540.850.80.70.470.980.950.9-0.20.430.980.770.77
0.73-0.10.180.430.95-0.370.840.490.94-0.020.510.860.920.130.630.260.960.340.330.73-0.220.630.290.650.64
0.73-0.080.190.420.95-0.260.80.340.9-0.050.360.780.960.190.680.190.970.350.30.72-0.080.570.280.690.68
-0.020.690.240.19-0.37-0.26-0.22-0.84-0.180.29-0.84-0.12-0.280.560.240.08-0.30.320.13-0.030.09-0.370.320.080.08
0.960.230.580.760.840.8-0.220.450.840.350.460.790.90.440.840.50.840.680.640.95-0.30.690.640.790.79
0.35-0.210.120.260.490.34-0.840.450.440.170.990.450.38-0.070.010.290.40.160.290.36-0.190.530.140.190.19
0.80.180.340.610.940.9-0.180.840.440.210.450.950.860.390.670.490.890.550.480.79-0.290.670.490.710.71
0.550.810.810.81-0.02-0.050.290.350.170.210.170.310.080.810.450.590.030.840.80.550.010.070.840.530.53
0.36-0.210.140.270.510.36-0.840.460.990.450.170.470.4-0.060.020.30.420.160.310.37-0.130.50.150.20.2
0.790.310.350.680.860.78-0.120.790.450.950.310.470.760.490.620.630.790.640.610.78-0.320.640.60.610.61
0.840.00.320.540.920.96-0.280.90.380.860.080.40.760.270.780.230.970.470.430.84-0.090.580.40.740.74
0.670.940.730.850.130.190.560.44-0.070.390.81-0.060.490.270.650.580.20.930.780.66-0.030.140.90.570.57
0.910.480.660.80.630.680.240.840.010.670.450.020.620.780.650.290.730.770.680.92-0.060.370.740.880.89
0.560.540.530.70.260.190.080.50.290.490.590.30.630.230.580.290.150.680.670.53-0.450.460.680.270.27
0.77-0.060.220.470.960.97-0.30.840.40.890.030.420.790.970.20.730.150.390.370.78-0.070.550.330.720.72
0.850.830.830.980.340.350.320.680.160.550.840.160.640.470.930.770.680.390.920.85-0.150.340.990.730.73
0.80.670.780.950.330.30.130.640.290.480.80.310.610.430.780.680.670.370.920.81-0.090.250.950.670.67
1.00.460.70.90.730.72-0.030.950.360.790.550.370.780.840.660.920.530.780.850.81-0.170.550.820.850.86
-0.21-0.1-0.01-0.2-0.22-0.080.09-0.3-0.19-0.290.01-0.13-0.32-0.09-0.03-0.06-0.45-0.07-0.15-0.09-0.17-0.66-0.170.00.0
0.580.030.190.430.630.57-0.370.690.530.670.070.50.640.580.140.370.460.550.340.250.55-0.660.310.330.33
0.820.820.830.980.290.280.320.640.140.490.840.150.60.40.90.740.680.330.990.950.82-0.170.310.70.7
0.860.390.750.770.650.690.080.790.190.710.530.20.610.740.570.880.270.720.730.670.850.00.330.71.0
0.860.40.760.770.640.680.080.790.190.710.530.20.610.740.570.890.270.720.730.670.860.00.330.71.0
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Astec Industries Account Relationship Matchups

Astec Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets799.8M848.2M911.3M1.0B1.1B1.1B
Short Long Term Debt Total2.0M2M2.9M87.7M83.1M87.3M
Other Current Liab73.7M81.8M78.9M71.8M171M179.6M
Total Current Liabilities172.9M170.3M225.3M274M299M314.0M
Total Stockholder Equity601.7M643M654.8M626.9M653.4M343.3M
Property Plant And Equipment Net182.4M172.8M171.7M173.6M187.6M124.0M
Net Debt(48.2M)(158.2M)(134.2M)21.7M23.3M24.5M
Retained Earnings508.3M545.2M552.8M527.8M549.4M576.9M
Cash48.9M158.6M134.4M66M63.2M34.1M
Non Current Assets Total286.8M282.4M269.6M318M339.8M171.6M
Non Currrent Assets Other6.9M11M8.4M29.5M38.2M40.1M
Cash And Short Term Investments50.4M162.9M143M69.9M68.9M35.5M
Net Receivables124.1M120.6M144.1M173.6M152.7M77.7M
Common Stock Shares Outstanding22.7M22.9M22.9M22.8M22.8M21.9M
Liabilities And Stockholders Equity799.8M848.2M911.3M1.0B1.1B1.1B
Non Current Liabilities Total25.2M34.9M31.2M113.5M106.6M111.9M
Inventory278.9M249.7M303M393.4M455.6M478.4M
Other Current Assets59.6M32.6M51.6M59.5M42.3M44.4M
Other Stockholder Equity120.6M126.8M129.9M134.7M137.6M94.9M
Total Liab198.1M205.2M256.5M387.5M405.6M425.9M
Property Plant And Equipment Gross190.4M172.8M419.7M407.4M435.7M457.5M
Total Current Assets513.0M565.8M641.7M696.4M719.5M755.5M
Accumulated Other Comprehensive Income(31.8M)(33.5M)(32.4M)(40.1M)(38.1M)(36.2M)
Short Term Debt1.3M1.6M2.7M9.6M11.1M10.5M
Intangible Assets23.5M31.2M22.7M22.5M16.4M18.4M
Accounts Payable55.1M52.7M83.5M107.2M116.9M122.7M
Common Stock Total Equity4.6M4.5M4.5M4.5M5.2M4.8M
Common Stock4.6M4.5M4.5M4.5M5.2M4.8M
Other Liab22.5M29.8M26.8M27.1M31.2M18.2M
Current Deferred Revenue42.9M34.2M60.2M69.5M70.2M66.7M
Other Assets31.0M42M18.6M50.8M58.4M61.3M
Long Term Debt690K400K200K78.1M72M75.6M
Good Will33.2M38.7M38.6M45.2M46.3M44.0M
Property Plant Equipment190.4M172.8M177.5M173.6M199.6M173.6M
Net Tangible Assets578.4M572.6M593M559.2M643.1M629.6M
Noncontrolling Interest In Consolidated Entity1.1M710K538K500K450K427.5K
Retained Earnings Total Equity508.3M545.2M552.8M527.8M607.0M532.6M
Short Term Investments1.5M4.3M8.6M3.9M5.7M3.4M
Capital Surpluse122.6M127.8M130.6M135.8M122.2M106.0M

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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 Astec Industries is a strong investment it is important to analyze Astec Industries' 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 Astec Industries' future performance. For an informed investment choice regarding Astec Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Construction Machinery & Heavy Transportation Equipment 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 Astec Industries. If investors know Astec 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 Astec Industries 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
(0.72)
Dividend Share
0.52
Earnings Share
(0.09)
Revenue Per Share
56.33
Quarterly Revenue Growth
(0.04)
The market value of Astec Industries is measured differently than its book value, which is the value of Astec that is recorded on the company's balance sheet. Investors also form their own opinion of Astec Industries' value that differs from its market value or its book value, called intrinsic value, which is Astec Industries' 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 Astec Industries' market value can be influenced by many factors that don't directly affect Astec Industries' 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 Astec Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astec Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Industries' 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.