ASGN Historical Balance Sheet
ASGN Stock | USD 63.66 0.80 1.24% |
Trend analysis of ASGN Inc balance sheet accounts such as Other Current Liab of 289.6 M, Total Current Liabilities of 385.5 M or Total Stockholder Equity of 1.9 B provides information on ASGN's total assets, liabilities, and equity, which is the actual value of ASGN Inc to its prevalent stockholders. By breaking down trends over time using ASGN balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining ASGN Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ASGN Inc is a good buy for the upcoming year.
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About ASGN Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ASGN Inc at a specified time, usually calculated after every quarter, six months, or one year. ASGN Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ASGN and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ASGN currently owns. An asset can also be divided into two categories, current and non-current.
ASGN Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of ASGN 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 ASGN Inc 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.Total Current Liabilities
Total Current Liabilities is an item on ASGN balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ASGN Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most accounts from ASGN's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ASGN Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 ASGN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, ASGN's Retained Earnings are very stable compared to the past year. As of the 22nd of March 2025, Accounts Payable is likely to grow to about 28.6 M, while Common Stock Shares Outstanding is likely to drop about 39.3 M.
2022 | 2023 | 2024 | 2025 (projected) | Other Current Liabilities | 319.7M | 303.8M | 275.8M | 289.6M | Total Assets | 3.6B | 3.5B | 3.4B | 3.6B |
ASGN balance sheet Correlations
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ASGN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ASGN balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 3.3B | 3.5B | 3.6B | 3.5B | 3.4B | 3.6B | |
Other Current Liab | 330.3M | 343M | 319.7M | 303.8M | 275.8M | 289.6M | |
Total Current Liabilities | 416.2M | 450.9M | 441.9M | 394.1M | 367.1M | 385.5M | |
Total Stockholder Equity | 1.6B | 1.9B | 1.9B | 1.9B | 1.8B | 1.9B | |
Property Plant And Equipment Net | 154.3M | 112.1M | 117.4M | 145.6M | 144.5M | 151.7M | |
Net Debt | 851.3M | 567.8M | 1.1B | 929.3M | 894.7M | 939.4M | |
Retained Earnings | 926.3M | 1.2B | 1.2B | 1.2B | 1.1B | 1.2B | |
Accounts Payable | 38.3M | 20.1M | 35.2M | 34M | 27.2M | 28.6M | |
Cash | 274.4M | 529.6M | 70.3M | 175.9M | 205.2M | 215.5M | |
Non Current Assets Total | 2.3B | 2.2B | 2.6B | 2.6B | 2.5B | 2.6B | |
Cash And Short Term Investments | 274.4M | 529.6M | 70.3M | 175.9M | 205.2M | 215.5M | |
Net Receivables | 602.8M | 708.2M | 853.6M | 741.5M | 650.8M | 683.3M | |
Common Stock Shares Outstanding | 53.3M | 53.5M | 51.3M | 48.7M | 45.7M | 39.3M | |
Liabilities And Stockholders Equity | 3.3B | 3.5B | 3.6B | 3.5B | 3.4B | 3.6B | |
Other Current Assets | 117.2M | 71.6M | 57.2M | 55.9M | 61.7M | 64.8M | |
Other Stockholder Equity | 661.3M | 690.8M | 703.5M | 696M | 684.2M | 718.4M | |
Total Liab | 1.7B | 1.6B | 1.7B | 1.7B | 1.7B | 1.7B | |
Property Plant And Equipment Gross | 154.3M | 285.9M | 314.7M | 307.8M | 335.2M | 352.0M | |
Total Current Assets | 994.4M | 1.3B | 981.1M | 973.3M | 917.7M | 963.6M | |
Accumulated Other Comprehensive Income | (1M) | (300K) | (2.7M) | (5M) | (4.5M) | (4.3M) | |
Non Currrent Assets Other | 23M | 23.9M | (103.6M) | 33.7M | 33.9M | 21.2M | |
Non Current Liabilities Total | 1.3B | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | |
Other Assets | 18.2M | 110M | 1.3B | 25.6M | 29.4M | 28.0M | |
Good Will | 1.6B | 1.6B | 1.9B | 1.9B | 1.9B | 1.8B | |
Property Plant Equipment | 73.7M | 69.4M | 55M | 117.4M | 135.0M | 141.8M | |
Current Deferred Revenue | 266.1M | 305.5M | 89M | 36.8M | 42.3M | 40.2M | |
Inventory | 23.3M | 41.2M | 39.9M | 231.8M | 266.6M | 279.9M | |
Short Term Debt | 24.3M | 46.6M | 45.8M | 19.5M | 22.4M | 21.3M | |
Other Liab | 116.3M | 178.4M | 603.5M | 143.6M | 165.1M | 173.4M | |
Short Long Term Debt Total | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 702.2M | |
Long Term Debt | 1.0B | 1.0B | 1.1B | 1.0B | 1.0B | 671.9M | |
Net Tangible Assets | (587.2M) | (519.2M) | (192M) | (560.3M) | (504.3M) | (529.5M) | |
Retained Earnings Total Equity | 586.1M | 744.7M | 926.3M | 1.2B | 1.4B | 1.4B | |
Capital Surpluse | 601.8M | 638M | 661.3M | 690.8M | 794.4M | 594.2M | |
Non Current Liabilities Other | 69.7M | 63.6M | 14.4M | 16.7M | 17.3M | 28.2M |
Pair Trading with ASGN
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASGN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASGN will appreciate offsetting losses from the drop in the long position's value.Moving together with ASGN Stock
Moving against ASGN Stock
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The ability to find closely correlated positions to ASGN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASGN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASGN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASGN Inc to buy it.
The correlation of ASGN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASGN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASGN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASGN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASGN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Human Resource & Employment Services 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 ASGN. If investors know ASGN 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 ASGN 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 (0.10) | Earnings Share 3.83 | Revenue Per Share | Quarterly Revenue Growth (0.08) | Return On Assets |
The market value of ASGN Inc is measured differently than its book value, which is the value of ASGN that is recorded on the company's balance sheet. Investors also form their own opinion of ASGN's value that differs from its market value or its book value, called intrinsic value, which is ASGN's 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 ASGN's market value can be influenced by many factors that don't directly affect ASGN's 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 ASGN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASGN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASGN's 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.