American Historical Income Statement
| AMS Stock | USD 3.17 0.05 1.60% |
Historical analysis of American Shared income statement accounts such as Interest Expense of 1.1 M, Selling General Administrative of 4 M or Total Revenue of 19.3 M can show how well American Shared Hospital performed in making a profits. Evaluating American Shared income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Shared's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining American Shared Hospital 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 American Shared Hospital is a good buy for the upcoming year.
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About American Income Statement Analysis
American Shared Hospital Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to American Shared shareholders. The income statement also shows American investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
American Shared Income Statement Chart
American Shared Hospital Income Statement is one of the three primary financial statements used for reporting American's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of American Shared Hospital revenue and expense. American Shared Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, American Shared's Depreciation And Amortization is comparatively stable compared to the past year. Operating Income is likely to gain to about 2.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts American Shared Hospital generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of American Shared Hospital minus its cost of goods sold. It is profit before American Shared operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American Shared Hospital. It is also known as American Shared overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of American Shared Hospital whose combined shares represent less than 50% of the total outstanding shares issued by American Shared have a minority interest in American Shared.Most accounts from American Shared's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Shared Hospital current financial condition. On the other hand, looking into the entire matrix of income statement 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 American Shared Hospital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, American Shared's Depreciation And Amortization is comparatively stable compared to the past year. Operating Income is likely to gain to about 2.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 739K | 806K | 1.1M | 1.1M | Depreciation And Amortization | 5.0M | 4.8M | 5.2M | 6.6M |
American Shared income statement Correlations
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American Shared Account Relationship Matchups
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American Shared income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 7.4M | 7.0M | 5.0M | 4.8M | 5.2M | 6.6M | |
| Interest Expense | 1.3M | 1.1M | 739K | 806K | 1.1M | 1.1M | |
| Selling General Administrative | 4.1M | 4.6M | 4.5M | 5.1M | 6.7M | 4.0M | |
| Total Revenue | 20.6M | 17.8M | 17.6M | 19.7M | 21.3M | 19.3M | |
| Gross Profit | 6.9M | 4.5M | 6.7M | 8.4M | 9.3M | 8.7M | |
| Other Operating Expenses | 17.7M | 18.0M | 15.4M | 16.5M | 19.0M | 17.4M | |
| Operating Income | (4.5M) | (132K) | (2.8M) | (1.5M) | 2.3M | 2.4M | |
| Ebit | (4.5M) | (132K) | (2.8M) | (1.5M) | 2.3M | 2.4M | |
| Ebitda | 2.9M | 6.8M | 2.2M | 3.3M | 7.5M | 4.7M | |
| Cost Of Revenue | 13.7M | 13.4M | 10.9M | 11.4M | 12.1M | 10.6M | |
| Total Operating Expenses | 4.1M | 4.6M | 4.5M | 5.1M | 6.9M | 6.8M | |
| Income Before Tax | 1.6M | (9.5M) | 947K | 2.5M | 696K | 898.1K | |
| Total Other Income Expense Net | 6.1M | (9.3M) | 3.7M | 4.0M | (1.6M) | (1.5M) | |
| Net Income | 1.4M | (7.7M) | 678K | 1.3M | 610K | 406.5K | |
| Income Tax Expense | 128K | (1.7M) | 269K | 963K | 431K | 364.8K | |
| Net Income Applicable To Common Shares | 659K | (7.1M) | 194K | 1.3M | 1.2M | 1.3M | |
| Minority Interest | 771K | (658K) | (484K) | (227K) | 40K | 38K | |
| Net Income From Continuing Ops | 1.4M | (7.7M) | 678K | 1.6M | 401K | 259.6K | |
| Non Operating Income Net Other | 3K | 220K | 16K | 10K | 11.5K | 12.1K | |
| Tax Provision | 128K | (1.7M) | 269K | 963K | 426K | 447.3K | |
| Interest Income | 220K | 16K | 10K | 87K | 374K | 392.7K | |
| Net Interest Income | (1.3M) | (1.0M) | (739K) | (806K) | (711K) | (746.6K) | |
| Reconciled Depreciation | 7.4M | 7.0M | 5.0M | 4.8M | 5.1M | 4.9M |
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 American Shared 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, American Shared's short interest history, or implied volatility extrapolated from American Shared options trading.
Pair Trading with American Shared
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 American Shared 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 American Shared will appreciate offsetting losses from the drop in the long position's value.Moving against American Stock
| 0.81 | EXAI | Exscientia ADR Upward Rally | PairCorr |
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| 0.72 | EGRX | Eagle Pharmaceuticals | PairCorr |
| 0.72 | ETON | Eton Pharmaceuticals Financial Report 9th of May 2024 | PairCorr |
| 0.67 | ELAN | Elanco Animal Health Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to American Shared could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Shared 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 American Shared - 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 American Shared Hospital to buy it.
The correlation of American Shared 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 American Shared moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Shared Hospital 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 American Shared 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 American Shared Hospital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for American Stock analysis
When running American Shared's price analysis, check to measure American Shared'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 American Shared is operating at the current time. Most of American Shared's value examination focuses on studying past and present price action to predict the probability of American Shared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shared's price. Additionally, you may evaluate how the addition of American Shared to your portfolios can decrease your overall portfolio volatility.
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Is American Shared'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 American Shared. If investors know American 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 American Shared 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 0.624 | Earnings Share 0.1 | Revenue Per Share 3.354 | Quarterly Revenue Growth 0.131 | Return On Assets 0.0315 |
The market value of American Shared Hospital is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Shared's value that differs from its market value or its book value, called intrinsic value, which is American Shared'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 American Shared's market value can be influenced by many factors that don't directly affect American Shared'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 American Shared's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Shared is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Shared'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.