Acushnet Good Will vs Net Working Capital Analysis
GOLF Stock | USD 73.59 0.22 0.30% |
Acushnet Holdings financial indicator trend analysis is way more than just evaluating Acushnet Holdings Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acushnet Holdings Corp is a good investment. Please check the relationship between Acushnet Holdings Good Will and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Acushnet Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Good Will vs Net Working Capital
Good Will vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acushnet Holdings Corp Good Will account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Acushnet Holdings' Good Will and Net Working Capital is 0.81. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Acushnet Holdings Corp, assuming nothing else is changed. The correlation between historical values of Acushnet Holdings' Good Will and Net Working 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 Good Will of Acushnet Holdings Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Good Will i.e., Acushnet Holdings' Good Will and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Net Working Capital
Most indicators from Acushnet Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acushnet Holdings Corp 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Acushnet Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Acushnet Holdings' Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Acushnet Holdings' current Enterprise Value is estimated to increase to about 5.2 B, while Selling General Administrative is projected to decrease to roughly 462.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.7M | 13.3M | 43.6M | 27.6M | Depreciation And Amortization | 41.2M | 41.7M | 51.4M | 46.9M |
Acushnet Holdings fundamental ratios Correlations
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Acushnet Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Acushnet Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 75.8M | 75.1M | 75.3M | 72.6M | 67.5M | 68.9M | |
Total Assets | 1.8B | 1.9B | 2.0B | 2.2B | 2.2B | 2.1B | |
Short Long Term Debt Total | 402.3M | 333.9M | 315.0M | 567.8M | 794.1M | 432.9M | |
Other Current Liab | 185.2M | 169.1M | 232.3M | 285.2M | 205.3M | 214.5M | |
Total Current Liabilities | 359.1M | 357.7M | 483.0M | 548.6M | 451.1M | 349.3M | |
Total Stockholder Equity | 919.2M | 984.1M | 1.0B | 939.1M | 864.2M | 855.1M | |
Other Liab | 140.7M | 177.9M | 141.9M | 89.5M | 80.5M | 136.4M | |
Net Tangible Assets | 223.6M | 295.4M | 367.1M | 195.0M | 224.3M | 235.5M | |
Property Plant And Equipment Net | 231.6M | 222.8M | 231.8M | 254.5M | 384.2M | 279.8M | |
Current Deferred Revenue | 34.3M | 38.3M | 80.1M | 47.6M | 46.4M | 48.0M | |
Net Debt | 368.1M | 182.5M | 33.3M | 508.9M | 728.7M | 365.1M | |
Retained Earnings | 151.0M | 199.8M | 325.0M | 473.1M | 159.9M | 129.9M | |
Accounts Payable | 102.3M | 112.9M | 163.6M | 167.0M | 150.5M | 126.1M | |
Cash | 34.2M | 151.5M | 281.7M | 58.9M | 65.4M | 93.3M | |
Non Current Assets Total | 1.1B | 1.1B | 1.0B | 1.1B | 1.2B | 1.2B | |
Non Currrent Assets Other | 66.7M | 75.1M | 66.8M | 80.7M | 21.7M | 20.6M | |
Other Assets | 103.4M | 155.2M | 129.1M | 72.0M | 64.8M | 105.0M | |
Long Term Debt | 330.7M | 313.6M | 297.4M | 527.5M | 671.8M | 357.6M | |
Cash And Short Term Investments | 34.2M | 151.5M | 281.7M | 58.9M | 65.4M | 93.3M | |
Net Receivables | 215.4M | 201.5M | 174.4M | 216.7M | 201.4M | 214.9M | |
Good Will | 214.1M | 215.2M | 210.4M | 224.8M | 225.3M | 223.7M | |
Liabilities And Stockholders Equity | 1.8B | 1.9B | 2.0B | 2.2B | 2.2B | 2.1B | |
Non Current Liabilities Total | 506.3M | 491.5M | 439.2M | 661.8M | 832.7M | 500.4M | |
Inventory | 398.4M | 357.7M | 413.3M | 674.7M | 615.5M | 453.8M | |
Other Current Assets | 94.8M | 172.0M | 187.8M | 108.8M | 114.4M | 123.3M | |
Other Stockholder Equity | 879.4M | 880.3M | 817.4M | 575.5M | 808.6M | 794.3M | |
Total Liab | 865.4M | 849.2M | 922.3M | 1.2B | 1.3B | 849.6M | |
Property Plant And Equipment Gross | 231.6M | 222.8M | 529.9M | 579.7M | 651.1M | 377.7M | |
Short Long Term Debt | 71.6M | 20.3M | 17.6M | 40.3M | 29.3M | 27.9M | |
Total Current Assets | 742.8M | 799.8M | 969.2M | 1.1B | 996.7M | 868.1M | |
Accumulated Other Comprehensive Income | (112.0M) | (96.2M) | (99.6M) | (109.7M) | (104.3M) | (109.6M) | |
Short Term Debt | 71.6M | 34.7M | 29.8M | 55.5M | 48.9M | 72.7M | |
Intangible Assets | 480.8M | 473.5M | 465.3M | 525.9M | 537.4M | 543.5M | |
Property Plant Equipment | 276.0M | 222.8M | 231.8M | 312.1M | 358.9M | 276.4M | |
Long Term Debt Total | 330.7M | 313.6M | 297.4M | 527.5M | 606.6M | 409.2M | |
Capital Surpluse | 910.5M | 925.4M | 948.4M | 960.7M | 1.1B | 926.8M | |
Noncontrolling Interest In Consolidated Entity | 32.4M | 33.3M | 37.4M | 37.6M | 43.3M | 37.5M |
Currently Active Assets on Macroaxis
When determining whether Acushnet Holdings Corp is a strong investment it is important to analyze Acushnet Holdings' 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 Acushnet Holdings' future performance. For an informed investment choice regarding Acushnet Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Acushnet Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Leisure Products 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 Acushnet Holdings. If investors know Acushnet 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 Acushnet Holdings 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 0.047 | Dividend Share 0.84 | Earnings Share 3 | Revenue Per Share 37.851 | Quarterly Revenue Growth 0.046 |
The market value of Acushnet Holdings Corp is measured differently than its book value, which is the value of Acushnet that is recorded on the company's balance sheet. Investors also form their own opinion of Acushnet Holdings' value that differs from its market value or its book value, called intrinsic value, which is Acushnet Holdings' 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 Acushnet Holdings' market value can be influenced by many factors that don't directly affect Acushnet Holdings' 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 Acushnet Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acushnet Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acushnet Holdings' 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.