Aerojet Historical Balance Sheet

AJRD
 Stock
  

USD 44.17  0.03  0.07%   

Trend analysis of Aerojet Rocketdyne Holdings balance sheet accounts such as Receivables of 62.2 M, Accounts Payable of 107 M or Total Assets of 2.5 B provides information on Aerojet Rocketdyne's total assets, liabilities, and equity, which is the actual value of Aerojet Rocketdyne to its prevalent stockholders. By breaking down trends over time using Aerojet Rocketdyne 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 breaking down Aerojet Rocketdyne prevalent 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 Aerojet Rocketdyne is a good buy for the upcoming year.
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About Aerojet Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Aerojet Rocketdyne at a specified time, usually calculated after every quarter, six months, or one year. Aerojet Rocketdyne Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aerojet Rocketdyne 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 Aerojet currently owns. An asset can also be divided into two categories, current and non-current.

Aerojet Rocketdyne Balance Sheet Chart

Aerojet Rocketdyne Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Aerojet Rocketdyne uses and utilizes its capital. It also shows what exactly a company owns and owes.
Aerojet Rocketdyne Receivables is projected to decrease significantly based on the last few years of reporting. The past year's Receivables was at 60.6 Million. The current year Total Assets is expected to grow to about 2.5 B, whereas Accumulated Other Comprehensive Income is forecasted to decline to (109 M).

Total Assets

Total assets refers to the total amount of Aerojet Rocketdyne 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 Aerojet Rocketdyne 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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Aerojet Rocketdyne Holdings include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Aerojet Rocketdyne. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Aerojet Rocketdyne Holdings balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Aerojet Rocketdyne books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Aerojet Rocketdyne balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Aerojet Rocketdyne 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. Please continue to Trending Equities.Aerojet Rocketdyne Receivables is projected to decrease significantly based on the last few years of reporting. The past year's Receivables was at 60.6 Million. The current year Total Assets is expected to grow to about 2.5 B, whereas Accumulated Other Comprehensive Income is forecasted to decline to (109 M).
 2019 2020 2021 2022 (projected)
Receivables112.5 M75.6 M60.6 M62.19 M
Inventories24 M10 M11.5 M11.8 M

Aerojet Rocketdyne balance sheet Correlations

0.82-0.07-0.16-0.490.33-0.590.37-0.690.84-0.54-0.550.530.010.80.80.14-0.510.8-0.03-0.160.410.85-0.07
0.82-0.12-0.18-0.450.24-0.540.33-0.560.72-0.73-0.480.52-0.060.660.660.03-0.510.64-0.12-0.210.480.7-0.15
-0.07-0.120.680.540.680.430.630.370.290.270.630.640.65-0.41-0.410.540.480.280.940.84-0.210.250.76
-0.16-0.180.680.920.840.840.70.750.070.450.80.530.94-0.69-0.690.90.850.40.740.94-0.640.210.6
-0.49-0.450.540.920.560.980.420.91-0.280.60.840.190.8-0.87-0.870.750.940.050.570.82-0.76-0.160.47
0.330.240.680.840.560.410.890.320.540.130.510.860.88-0.25-0.250.870.480.770.780.85-0.290.680.61
-0.59-0.540.430.840.980.410.30.94-0.410.60.790.030.68-0.9-0.90.650.94-0.090.430.71-0.76-0.290.36
0.370.330.630.70.420.890.30.220.720.00.350.930.64-0.15-0.150.780.40.720.690.740.00.720.4
-0.69-0.560.370.750.910.320.940.22-0.510.480.79-0.030.57-0.97-0.970.510.87-0.220.360.64-0.61-0.330.3
0.840.720.290.07-0.280.54-0.410.72-0.51-0.38-0.290.830.150.570.570.31-0.270.780.320.180.460.890.11
-0.54-0.730.270.450.60.130.60.00.48-0.380.46-0.110.36-0.54-0.540.390.74-0.260.320.49-0.58-0.40.38
-0.55-0.480.630.80.840.510.790.350.79-0.290.460.220.74-0.83-0.830.470.69-0.080.690.8-0.69-0.230.5
0.530.520.640.530.190.860.030.93-0.030.83-0.110.220.560.080.080.630.160.770.70.640.150.80.46
0.01-0.060.650.940.80.880.680.640.570.150.360.740.56-0.52-0.520.840.670.50.730.89-0.670.320.65
0.80.66-0.41-0.69-0.87-0.25-0.9-0.15-0.970.57-0.54-0.830.08-0.521.0-0.42-0.840.33-0.39-0.630.590.44-0.34
0.80.66-0.41-0.69-0.87-0.25-0.9-0.15-0.970.57-0.54-0.830.08-0.521.0-0.42-0.840.33-0.39-0.630.590.44-0.34
0.140.030.540.90.750.870.650.780.510.310.390.470.630.84-0.42-0.420.750.650.610.82-0.460.460.54
-0.51-0.510.480.850.940.480.940.40.87-0.270.740.690.160.67-0.84-0.840.75-0.010.480.77-0.63-0.160.43
0.80.640.280.40.050.77-0.090.72-0.220.78-0.26-0.080.770.50.330.330.65-0.010.370.360.010.890.32
-0.03-0.120.940.740.570.780.430.690.360.320.320.690.70.73-0.39-0.390.610.480.370.9-0.290.310.8
-0.16-0.210.840.940.820.850.710.740.640.180.490.80.640.89-0.63-0.630.820.770.360.9-0.490.260.72
0.410.48-0.21-0.64-0.76-0.29-0.760.0-0.610.46-0.58-0.690.15-0.670.590.59-0.46-0.630.01-0.29-0.490.38-0.37
0.850.70.250.21-0.160.68-0.290.72-0.330.89-0.4-0.230.80.320.440.440.46-0.160.890.310.260.380.18
-0.07-0.150.760.60.470.610.360.40.30.110.380.50.460.65-0.34-0.340.540.430.320.80.72-0.370.18
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Aerojet Rocketdyne Account Relationship Matchups

Aerojet Rocketdyne balance sheet Accounts

201720182019202020212022 (projected)
Inventories136.4 M14.9 M24 M10 M11.5 M11.8 M
Receivables274.4 M204.3 M112.5 M75.6 M60.6 M62.19 M
Accounts Payable100.9 M88.7 M127.3 M99.1 M132.2 M107.05 M
Accumulated Other Comprehensive Income(272.6 M)(239.4 M)(236.5 M)(227.6 M)(101 M)(108.97 M)
Total Assets2.26 B2.49 B2.71 B2.9 B2.42 B2.46 B
Current Assets1.02 B1.23 B1.42 B1.66 B1.23 B1.18 B
Assets Non Current1.24 B1.26 B1.29 B1.24 B1.2 B1.29 B
Cash and Equivalents535 M740.3 M935.6 M1.15 B703.4 M659.78 M
Cash and Equivalents USD535 M740.3 M935.6 M1.15 B703.4 M659.78 M
Total Debt616.4 M625.4 M676.1 M660 M502.6 M603.53 M
Debt Current25 M273.1 M284.7 M299.9 M166.7 M146.89 M
Debt Non Current591.4 M352.3 M391.4 M360.1 M335.9 M380.31 M
Total Debt USD616.4 M625.4 M676.1 M660 M502.6 M603.53 M
Shareholders Equity102.4 M421.3 M576.7 M233.5 M523.3 M564.61 M
Shareholders Equity USD102.4 M421.3 M576.7 M233.5 M523.3 M564.61 M
Goodwill and Intangible Assets246.8 M233.1 M219.6 M206.2 M196.3 M230.48 M
Total Liabilities2.16 B2.07 B2.13 B2.67 B1.9 B2.13 B
Current Liabilities594.8 M878.3 M869.9 M1.46 B875.8 M854.46 M
Liabilities Non Current1.56 B1.19 B1.26 B1.21 B1.02 B1.28 B
Trade and Non Trade Payables100.9 M88.7 M127.3 M99.1 M132.2 M125.68 M
Property Plant and Equipment Net359 M399.7 M457.9 M469.9 M473.7 M454.79 M
Trade and Non Trade Receivables64.5 M141.2 M112.5 M75.6 M60.6 M62.19 M
Accumulated Retained Earnings Deficit(71 M)103.9 M244.9 M(65.2 M)102.6 M110.7 M
Tax Assets145.8 M116.9 M121.9 M81.1 M55.6 M57.06 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aerojet Rocketdyne without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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

0.68HEIHeico Corp Fiscal Year End 21st of December 2022 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.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Aerojet Rocketdyne information on this page should be used as a complementary analysis to other Aerojet Rocketdyne's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.
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.