# Aerojet Total Asset

AJRD | Stock | ## USD 54.06 0.53 0.99% |

Aerojet Rocketdyne Holdings fundamentals help investors to digest information that contributes to Aerojet Rocketdyne's financial success or failures. It also enables traders to predict the movement of Aerojet Stock. The fundamental analysis module provides a way to measure Aerojet Rocketdyne's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aerojet Rocketdyne stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Aerojet | Total Asset |

## Aerojet Total Asset Analysis

Aerojet Rocketdyne's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value. 2019 | 2020 | 2021 | 2022 (projected) | |

Interest Expense | 35.7 M | 30.1 M | 20.1 M | 25.45 M |

Gross Profit | 367.9 M | 371.4 M | 387.9 M | 357.07 M |

Total Asset | = | Tangible Assets | + | Intangible Assets |

## Current Aerojet Rocketdyne Total Asset | 2.43 B |

Most of Aerojet Rocketdyne's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aerojet Rocketdyne Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

## Aerojet Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Aerojet Rocketdyne is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Total Asset. Since Aerojet Rocketdyne's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Aerojet Rocketdyne's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Aerojet Rocketdyne's interrelated accounts and indicators.

## Aerojet Total Asset Historical Pattern

Today, most investors in Aerojet Rocketdyne Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Aerojet Rocketdyne's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Aerojet Rocketdyne total asset as a starting point in their analysis.

Aerojet Rocketdyne Total Asset |

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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Compare to competition |

## Aerojet Total Assets

## Total Assets | ## 2.11 Billion |

Based on the latest financial disclosure, Aerojet Rocketdyne Holdings has a Total Asset of 2.43

**B**. This is 39.24% lower than that of the Aerospace & Defense sector and 76.17% lower than that of the Industrials industry. The total asset for all United States stocks is 91.74% higher than that of the company.## Aerojet Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aerojet Rocketdyne's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aerojet Rocketdyne could also be used in its relative valuation, which is a method of valuing Aerojet Rocketdyne by comparing valuation metrics of similar companies.Aerojet Rocketdyne is currently under evaluation in total asset category among related companies.

## Aerojet Rocketdyne Current Valuation Drivers

We derive many important indicators used in calculating different scores of Aerojet Rocketdyne from analyzing Aerojet Rocketdyne's financial statements. These drivers represent accounts that assess Aerojet Rocketdyne's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Aerojet Rocketdyne's important valuation drivers and their relationship over time.

2017 | 2018 | 2019 | 2020 | 2021 | 2022 (projected) | ||

Net Income Per Employee | (1.78 K) | 27.44 K | 29.29 K | 27.64 K | 28.74 K | 31.01 K | |

Revenue Per Employee | 364.01 K | 378.88 K | 411.61 K | 415.99 K | 437.6 K | 371.64 K | |

Average Assets | 2.27 B | 2.44 B | 2.61 B | 2.81 B | 2.38 B | 2.4 B | |

Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 171 M | 269.1 M | 270.2 M | 253.2 M | 261.4 M | 282.04 M | |

Earnings Before Interest Taxes and Depreciation Amortization USD | 190.4 M | 295.3 M | 302.1 M | 275.6 M | 276.5 M | 241.88 M | |

Earnings before Tax | 86.9 M | 188.6 M | 191.9 M | 180.2 M | 195 M | 210.39 M | |

Average Equity | 116.8 M | 301.75 M | 532.65 M | 557.62 M | 384.93 M | 415.31 M | |

Enterprise Value | 2.57 B | 2.78 B | 3.47 B | 3.74 B | 3.64 B | 3.17 B | |

Free Cash Flow | 183.4 M | 209.5 M | 218.3 M | 309.2 M | 162.3 M | 161.81 M | |

Invested Capital | 1.5 B | 1.26 B | 1.36 B | 745.5 M | 1.15 B | 1.32 B | |

Invested Capital Average | 1.65 B | 1.47 B | 1.42 B | 1.22 B | 1.23 B | 1.41 B | |

Market Capitalization | 2.34 B | 2.76 B | 3.59 B | 4.08 B | 3.76 B | 3.13 B | |

Tangible Asset Value | 2.01 B | 2.26 B | 2.49 B | 2.69 B | 2.23 B | 2.23 B | |

Working Capital | 421.9 M | 356 M | 548.1 M | 204.5 M | 352.5 M | 323.6 M |

## Aerojet Fundamentals

Return On Equity | 0.21 % | |||

Return On Asset | 0.06 % | |||

Profit Margin | 0.0441 % | |||

Operating Margin | 0.10 % | |||

Current Valuation | 4.1 B | |||

Shares Outstanding | 80.53 M | |||

Shares Owned by Insiders | 3.46 % | |||

Shares Owned by Institutions | 92.87 % | |||

Number of Shares Shorted | 2.36 M | |||

Price to Earning | 43.58 X | |||

Price to Book | 7.79 X | |||

Price to Sales | 1.93 X | |||

Revenue | 2.19 B | |||

Gross Profit | 387.9 M | |||

EBITDA | 276.5 M | |||

Net Income | 143.7 M | |||

Cash and Equivalents | 343.7 M | |||

Cash per Share | 4.28 X | |||

Total Debt | 294.6 M | |||

Debt to Equity | 0.66 % | |||

Current Ratio | 1.25 X | |||

Book Value Per Share | 6.54 X | |||

Cash Flow from Operations | 199.6 M | |||

Short Ratio | 4.06 X | |||

Earnings Per Share | 1.14 X | |||

Price to Earnings To Growth | 5.39 X | |||

Target Price | 52.25 | |||

Number of Employees | 5 K | |||

Beta | 0.55 | |||

Market Capitalization | 4.21 B | |||

Total Asset | 2.43 B | |||

Retained Earnings | 264.23 M | |||

Working Capital | 82.6 M | |||

Current Asset | 573.6 M | |||

Current Liabilities | 491 M | |||

Z Score | 7.6 | |||

Net Asset | 2.43 B |

## About Aerojet Rocketdyne Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aerojet Rocketdyne Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aerojet Rocketdyne using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aerojet Rocketdyne Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.Last Reported | Projected for 2022 | ||

Total Assets | 2.4 B | 2.1 B | |

Total Assets Per Share | 30.38 | 28.06 | |

Net Current Assets as percentage of Total Assets | 14.83 | 12.08 | |

Average Assets | 2.4 B | 2.4 B | |

Tangible Asset Value | 2.2 B | 2.2 B |

## Aerojet Rocketdyne Investors Sentiment

The influence of Aerojet Rocketdyne's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Aerojet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Investor biases related to Aerojet Rocketdyne's public news can be used to forecast risks associated with investment in Aerojet. The trend in average sentiment can be used to explain how an investor holding Aerojet can time the market purely based on public headlines and social activities around Aerojet Rocketdyne Holdings. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.

Aerojet Rocketdyne's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Aerojet Rocketdyne's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Aerojet Rocketdyne's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aerojet Rocketdyne.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aerojet Rocketdyne in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aerojet Rocketdyne's short interest history, or implied volatility extrapolated from Aerojet Rocketdyne options trading.

## Pair Trading with Aerojet Rocketdyne

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 Aerojet Rocketdyne 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 Aerojet Rocketdyne will appreciate offsetting losses from the drop in the long position's value.### Moving together with Aerojet Rocketdyne

+ | 0.77 | ABM | ABM Industries Incor | Fiscal Year End 21st of December 2022 | PairCorr | ||

+ | 0.89 | DAL | Delta Air Lines | Fiscal Year End 12th of January 2023 | PairCorr | ||

+ | 0.7 | FBHS | Fortune Brands Home | Downward Rally | PairCorr |

The ability to find closely correlated positions to Aerojet Rocketdyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aerojet Rocketdyne 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 Aerojet Rocketdyne - 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 Aerojet Rocketdyne Holdings to buy it.

The correlation of Aerojet Rocketdyne is a statistical measure of how it moves in relation to other equities. 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 Aerojet Rocketdyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aerojet Rocketdyne 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 Aerojet Rocketdyne 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.Please continue to Aerojet Rocketdyne Piotroski F Score and Aerojet Rocketdyne Altman Z Score analysis. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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

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Is Aerojet Rocketdyne's industry 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 Aerojet Rocketdyne. If investors know Aerojet 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 Aerojet Rocketdyne 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 YOY (0.67) | Market Capitalization 4.2 B | Quarterly Revenue Growth YOY 0.008 | Return On Assets 0.0607 | Return On Equity 0.21 |

The market value of Aerojet Rocketdyne is measured differently than its book value, which is the value of Aerojet that is recorded on the company's balance sheet. Investors also form their own opinion of Aerojet Rocketdyne's value that differs from its market value or its book value, called intrinsic value, which is Aerojet Rocketdyne'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 Aerojet Rocketdyne's market value can be influenced by many factors that don't directly affect Aerojet Rocketdyne'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 Aerojet Rocketdyne's value and its price as these two are different measures arrived at by different means. Investors typically determine Aerojet Rocketdyne value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aerojet Rocketdyne'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.