Applied Current Deferred Revenue vs Other Liab Analysis
| AMAT Stock | USD 203.38 5.88 2.98% |
Applied Materials financial indicator trend analysis is way more than just evaluating Applied Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Materials is a good investment. Please check the relationship between Applied Materials Current Deferred Revenue and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Applied Stock please use our How to Invest in Applied Materials guide.
Current Deferred Revenue vs Other Liab
Current Deferred Revenue vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applied Materials Current Deferred Revenue account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Applied Materials' Current Deferred Revenue and Other Liab is 0.79. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Liab in the same time period over historical financial statements of Applied Materials, assuming nothing else is changed. The correlation between historical values of Applied Materials' Current Deferred Revenue and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Applied Materials are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Current Deferred Revenue i.e., Applied Materials' Current Deferred Revenue and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Other Liab
Most indicators from Applied Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Materials 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Applied Stock please use our How to Invest in Applied Materials guide.At this time, Applied Materials' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 120.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 511.7 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.0B | 12.4B | 14.2B | 15.0B | Total Revenue | 25.8B | 26.5B | 30.5B | 32.0B |
Applied Materials fundamental ratios Correlations
Click cells to compare fundamentals
Applied Materials Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Applied Materials fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 22.4B | 25.8B | 26.7B | 30.7B | 35.3B | 37.1B | |
| Short Long Term Debt Total | 5.4B | 5.5B | 5.5B | 5.6B | 6.4B | 6.7B | |
| Other Current Liab | 2.0B | 2.7B | 2.4B | 2.8B | 3.2B | 3.4B | |
| Total Current Liabilities | 4.5B | 6.3B | 7.4B | 7.4B | 8.5B | 8.9B | |
| Total Stockholder Equity | 10.6B | 12.2B | 12.2B | 16.3B | 18.8B | 19.7B | |
| Property Plant And Equipment Net | 1.6B | 1.9B | 2.3B | 2.7B | 3.1B | 3.3B | |
| Net Debt | 97M | 457M | 3.5B | (571M) | (656.7M) | (623.8M) | |
| Retained Earnings | 27.2B | 32.2B | 37.9B | 43.7B | 50.3B | 52.8B | |
| Cash | 5.4B | 5.0B | 2.0B | 6.1B | 7.1B | 7.4B | |
| Non Current Assets Total | 9.0B | 9.7B | 10.8B | 11.6B | 13.3B | 14.0B | |
| Non Currrent Assets Other | 260M | 229M | 691M | 2.6B | 2.9B | 3.1B | |
| Cash And Short Term Investments | 5.7B | 5.5B | 2.6B | 6.9B | 7.9B | 8.3B | |
| Net Receivables | 3.0B | 5.0B | 6.1B | 5.2B | 5.9B | 6.2B | |
| Common Stock Shares Outstanding | 923M | 919M | 877M | 845M | 760.5M | 1.1B | |
| Liabilities And Stockholders Equity | 22.4B | 25.8B | 26.7B | 30.7B | 35.3B | 37.1B | |
| Non Current Liabilities Total | 7.3B | 7.2B | 7.2B | 7.0B | 8.1B | 8.5B | |
| Inventory | 3.9B | 4.3B | 5.9B | 5.7B | 6.6B | 6.9B | |
| Other Current Assets | 764M | 1.4B | 1.3B | 1.4B | 1.6B | 1.7B | |
| Other Stockholder Equity | (16.3B) | (19.7B) | (25.5B) | (27.2B) | (24.5B) | (23.2B) | |
| Total Liab | 11.8B | 13.6B | 14.5B | 14.4B | 16.5B | 17.4B | |
| Property Plant And Equipment Gross | 1.9B | 5.3B | 6.0B | 6.9B | 7.9B | 8.3B | |
| Total Current Assets | 13.4B | 16.1B | 15.9B | 19.1B | 22.0B | 23.1B | |
| Accumulated Other Comprehensive Income | (299M) | (260M) | (202M) | (217M) | (195.3M) | (185.5M) | |
| Short Term Debt | 64M | 73M | 85M | 100M | 115M | 120.8M | |
| Accounts Payable | 1.1B | 1.5B | 1.8B | 1.5B | 1.7B | 1.4B | |
| Short Term Investments | 387M | 464M | 586M | 737M | 663.3M | 1.1B | |
| Good Will | 3.5B | 3.5B | 3.7B | 3.7B | 4.3B | 4.5B | |
| Intangible Assets | 153M | 104M | 339M | 294M | 338.1M | 424.9M | |
| Other Liab | 1.7B | 1.7B | 1.8B | 1.7B | 2.0B | 2.0B | |
| Other Assets | 2.0B | 2.0B | 2.1B | 2.5B | 2.8B | 3.0B | |
| Long Term Debt | 5.4B | 5.5B | 5.5B | 5.5B | 6.3B | 6.6B | |
| Property Plant Equipment | 1.6B | 1.9B | 2.3B | 2.7B | 3.1B | 3.3B | |
| Current Deferred Revenue | 1.3B | 2.1B | 3.1B | 3.0B | 3.4B | 3.6B | |
| Treasury Stock | (23.6B) | (24.2B) | (28.0B) | (34.1B) | (30.7B) | (29.2B) | |
| Net Tangible Assets | 4.7B | 7.0B | 8.7B | 8.2B | 9.4B | 5.6B | |
| Retained Earnings Total Equity | 24.4B | 27.2B | 32.2B | 37.9B | 43.6B | 45.8B | |
| Long Term Debt Total | 4.7B | 5.4B | 5.5B | 5.5B | 6.3B | 3.8B | |
| Capital Surpluse | 7.6B | 7.9B | 8.2B | 8.6B | 9.9B | 7.4B |
Applied Materials Investors Sentiment
The influence of Applied Materials' 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 Applied. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Applied Materials' public news can be used to forecast risks associated with an investment in Applied. The trend in average sentiment can be used to explain how an investor holding Applied can time the market purely based on public headlines and social activities around Applied Materials. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Applied Materials' 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 Applied Materials' 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 Applied Materials' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Applied Materials.
Applied Materials Implied Volatility | 36.78 |
Applied Materials' implied volatility exposes the market's sentiment of Applied Materials stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Applied Materials' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Applied Materials stock will not fluctuate a lot when Applied Materials' options are near their expiration.
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 Applied Materials 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, Applied Materials' short interest history, or implied volatility extrapolated from Applied Materials options trading.
Pair Trading with Applied Materials
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 Applied Materials 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 Applied Materials will appreciate offsetting losses from the drop in the long position's value.Moving together with Applied Stock
| 0.63 | MU | Micron Technology Aggressive Push | PairCorr |
| 0.81 | ASX | ASE Industrial Holding | PairCorr |
| 0.89 | TSM | Taiwan Semiconductor Aggressive Push | PairCorr |
Moving against Applied Stock
| 0.74 | WFCF | Where Food Comes | PairCorr |
| 0.7 | UI | Ubiquiti Networks Earnings Call This Week | PairCorr |
| 0.66 | U | Unity Software Aggressive Push | PairCorr |
| 0.52 | WDAY | Workday Financial Report 23rd of May 2024 | PairCorr |
| 0.45 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Applied Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Materials 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 Applied Materials - 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 Applied Materials to buy it.
The correlation of Applied Materials 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 Applied Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Materials 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 Applied Materials 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 Applied Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Applied Stock please use our How to Invest in Applied Materials guide.Note that the Applied Materials information on this page should be used as a complementary analysis to other Applied Materials' 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 the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Applied Stock analysis
When running Applied Materials' price analysis, check to measure Applied Materials' 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 Applied Materials is operating at the current time. Most of Applied Materials' value examination focuses on studying past and present price action to predict the probability of Applied Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Materials' price. Additionally, you may evaluate how the addition of Applied Materials to your portfolios can decrease your overall portfolio volatility.
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Is Applied Materials' 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 Applied Materials. If investors know Applied 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 Applied Materials 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 0.193 | Dividend Share 1.28 | Earnings Share 8.49 | Revenue Per Share 31.662 | Quarterly Revenue Growth (0.01) |
The market value of Applied Materials is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Materials' value that differs from its market value or its book value, called intrinsic value, which is Applied Materials' 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 Applied Materials' market value can be influenced by many factors that don't directly affect Applied Materials' 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 Applied Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Materials' 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.