Aarons Debt to Equity Trend from 2010 to 2022

AAN
 Stock
  

USD 13.93  0.67  4.59%   

Aarons Holdings Net Income is quite stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 118.61 Million. Net Income Common Stock is expected to rise to about 118.6 M this year, although the value of Cost of Revenue will most likely fall to about 653.9 M.
  
Check Aarons Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aarons main balance sheet or income statement drivers, such as Direct Expenses of 162 M, Consolidated Income of 118.6 M or Cost of Revenue of 653.9 M, as well as many exotic indicators such as Interest Coverage of 1.4 K, Long Term Debt to Equity of 0.0468 or Calculated Tax Rate of 16.49. Aarons financial statements analysis is a perfect complement when working with Aarons Holdings Valuation or Volatility modules. It can also supplement Aarons Holdings' financial leverage analysis and stock options assessment as well as various Aarons Holdings Technical models . Please continue to the analysis of Aarons Holdings Correlation against competitors.

Aarons Debt to Equity Breakdown

Showing smoothed Debt to Equity Ratio of Aarons Holdings with missing and latest data points interpolated. Measures the ratio between Total Liabilities and Shareholders Equity.Aarons Holdings' Debt to Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aarons Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.12 %10 Years Trend
   Debt to Equity Ratio   
Share
       Timeline  

Aarons Debt to Equity Regression Statistics

Arithmetic Mean 1.08
Geometric Mean 1.07
Coefficient Of Variation 8.57
Mean Deviation 0.05
Median 1.09
Standard Deviation 0.09
Sample Variance 0.008524
Range 0.41
R-Value(0.25)
Mean Square Error 0.008702
R-Squared 0.06
Significance 0.40
Slope(0.006007)
Total Sum of Squares 0.10

Aarons Debt to Equity History

2019 1.32
2020 0.9
2021 1.01
2022 0.98

Other Fundumenentals of Aarons Holdings

Aarons Holdings Debt to Equity component correlations

About Aarons Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Aarons Holdings income statement, its balance sheet, and the statement of cash flows. Aarons Holdings investors use historical funamental indicators, such as Aarons Holdings's Debt to Equity, to determine how well the company is positioned to perform in the future. Although Aarons Holdings investors may use each financial statement separately, they are all related. The changes in Aarons Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aarons Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Aarons Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aarons Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Long Term Debt to Equity 0.0456  0.0468 
Debt to Equity Ratio 1.01  0.98 
Average Equity728.1 M707.8 M
The Aarons Company, Inc. provides lease-to-own and purchase solutions. The Aarons Company, Inc. was founded in 1955 and is headquartered in Atlanta, Georgia. Aarons Holdings operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 9170 people.

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Our tools can tell you how much better you can do entering a position in Aarons Holdings 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 Aarons Holdings

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 Aarons Holdings 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 Aarons Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Aarons Holdings

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Moving against Aarons Holdings

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The ability to find closely correlated positions to Aarons Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aarons Holdings 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 Aarons Holdings - 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 Aarons Holdings to buy it.
The correlation of Aarons Holdings 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 Aarons Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aarons Holdings 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 Aarons Holdings 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 the analysis of Aarons Holdings Correlation against competitors. Note that the Aarons Holdings information on this page should be used as a complementary analysis to other Aarons Holdings' 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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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Is Aarons Holdings' 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 Aarons Holdings. If investors know Aarons 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 Aarons 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 YOY
-0.35
Market Capitalization
437 M
Quarterly Revenue Growth YOY
0.31
Return On Assets
0.0799
Return On Equity
0.0782
The market value of Aarons Holdings is measured differently than its book value, which is the value of Aarons that is recorded on the company's balance sheet. Investors also form their own opinion of Aarons Holdings' value that differs from its market value or its book value, called intrinsic value, which is Aarons 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 Aarons Holdings' market value can be influenced by many factors that don't directly affect Aarons 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 Aarons Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Aarons Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aarons 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.