Antero Other Liab vs Total Current Assets Analysis

AM Stock  USD 15.77  0.01  0.06%   
Antero Midstream financial indicator trend analysis is way more than just evaluating Antero Midstream Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Antero Midstream Partners is a good investment. Please check the relationship between Antero Midstream Other Liab and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Liab vs Total Current Assets

Other Liab vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antero Midstream Partners Other Liab account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Antero Midstream's Other Liab and Total Current Assets is -0.53. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Antero Midstream Partners, assuming nothing else is changed. The correlation between historical values of Antero Midstream's Other Liab and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Antero Midstream Partners are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Liab i.e., Antero Midstream's Other Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Liab

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Antero Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antero Midstream Partners 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 Antero Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of the 25th of November 2024, Tax Provision is likely to grow to about 136.6 M, while Selling General Administrative is likely to drop about 43.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit149.9M608.0M899.3M944.2M
Cost Of Revenue84.3M382.7M213.2M211.8M

Antero Midstream fundamental ratios Correlations

0.770.820.930.550.850.990.70.280.10.09-0.19-0.530.740.960.890.750.6-0.220.06-0.510.960.97-0.350.960.96
0.770.990.870.340.540.70.480.15-0.110.21-0.41-0.310.680.720.830.810.44-0.03-0.08-0.30.730.79-0.260.720.76
0.820.990.910.450.570.750.50.17-0.120.24-0.39-0.320.710.770.840.840.45-0.02-0.09-0.30.780.84-0.30.770.81
0.930.870.910.620.690.880.640.34-0.040.22-0.34-0.40.740.920.90.850.54-0.080.08-0.380.920.94-0.370.910.93
0.550.340.450.620.320.530.340.21-0.220.14-0.12-0.230.370.620.460.50.24-0.040.02-0.210.630.6-0.480.610.58
0.850.540.570.690.320.880.890.20.28-0.33-0.26-0.790.770.840.660.370.84-0.590.06-0.780.840.83-0.10.840.84
0.990.70.750.880.530.880.730.260.170.02-0.13-0.580.720.970.870.680.64-0.290.06-0.560.970.96-0.330.970.95
0.70.480.50.640.340.890.730.190.45-0.53-0.3-0.90.610.760.60.190.97-0.750.17-0.890.760.760.140.770.78
0.280.150.170.340.210.20.260.19-0.20.04-0.67-0.180.270.350.370.360.23-0.070.9-0.170.330.33-0.060.320.36
0.1-0.11-0.12-0.04-0.220.280.170.45-0.2-0.520.41-0.49-0.230.140.11-0.340.5-0.530.1-0.50.150.120.660.170.13
0.090.210.240.220.14-0.330.02-0.530.04-0.520.130.790.160.040.170.64-0.610.95-0.240.80.040.04-0.640.040.03
-0.19-0.41-0.39-0.34-0.12-0.26-0.13-0.3-0.670.410.130.28-0.52-0.25-0.22-0.31-0.370.2-0.50.28-0.23-0.28-0.04-0.21-0.3
-0.53-0.31-0.32-0.4-0.23-0.79-0.58-0.9-0.18-0.490.790.28-0.35-0.58-0.430.06-0.920.94-0.271.0-0.58-0.58-0.32-0.58-0.59
0.740.680.710.740.370.770.720.610.27-0.230.16-0.52-0.350.740.610.660.53-0.09-0.09-0.330.740.76-0.420.740.76
0.960.720.770.920.620.840.970.760.350.140.04-0.25-0.580.740.890.720.69-0.270.14-0.561.00.99-0.311.01.0
0.890.830.840.90.460.660.870.60.370.110.17-0.22-0.430.610.890.790.55-0.120.19-0.410.90.92-0.350.90.91
0.750.810.840.850.50.370.680.190.36-0.340.64-0.310.060.660.720.790.110.390.020.080.730.75-0.580.720.73
0.60.440.450.540.240.840.640.970.230.5-0.61-0.37-0.920.530.690.550.11-0.810.26-0.920.690.690.270.690.71
-0.22-0.03-0.02-0.08-0.04-0.59-0.29-0.75-0.07-0.530.950.20.94-0.09-0.27-0.120.39-0.81-0.260.95-0.27-0.27-0.51-0.27-0.29
0.06-0.08-0.090.080.020.060.060.170.90.1-0.24-0.5-0.27-0.090.140.190.020.26-0.26-0.270.120.110.270.110.15
-0.51-0.3-0.3-0.38-0.21-0.78-0.56-0.89-0.17-0.50.80.281.0-0.33-0.56-0.410.08-0.920.95-0.27-0.56-0.56-0.35-0.56-0.57
0.960.730.780.920.630.840.970.760.330.150.04-0.23-0.580.741.00.90.730.69-0.270.12-0.560.99-0.311.00.99
0.970.790.840.940.60.830.960.760.330.120.04-0.28-0.580.760.990.920.750.69-0.270.11-0.560.99-0.30.991.0
-0.35-0.26-0.3-0.37-0.48-0.1-0.330.14-0.060.66-0.64-0.04-0.32-0.42-0.31-0.35-0.580.27-0.510.27-0.35-0.31-0.3-0.31-0.29
0.960.720.770.910.610.840.970.770.320.170.04-0.21-0.580.741.00.90.720.69-0.270.11-0.561.00.99-0.310.99
0.960.760.810.930.580.840.950.780.360.130.03-0.3-0.590.761.00.910.730.71-0.290.15-0.570.991.0-0.290.99
Click cells to compare fundamentals

Antero Midstream Account Relationship Matchups

Antero Midstream fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B5.6B5.5B5.8B5.7B6.0B
Other Current Liab232.3M80.6M85.0M73.6M92.0M64.4M
Total Current Liabilities242.1M94.0M114.0M102.1M96.4M74.3M
Total Stockholder Equity3.1B2.4B2.3B2.2B2.2B1.3B
Accounts Payable9.8M13.4M23.6M22.9M4.5M4.2M
Total Liab3.1B3.2B3.3B3.6B3.6B3.8B
Other Assets117.7M2.3B12.7M12.0M(118.1M)(112.2M)
Net Tangible Assets1.1B990.8M929.9M906.2M1.0B681.4M
Cash1.2M640K0.066K59.4K56.4K
Common Stock Shares Outstanding442.6M478.3M479.7M480.3M482.4M362.5M
Other Current Assets1.7M1.5M920K1.3M1.5M986.3K
Other Stockholder Equity3.5B2.9B2.4B2.1B2.0B1.6B
Total Current Assets108.6M93.9M83.8M89.0M91.1M60.2M
Common Stock4.8M4.8M4.8M4.8M4.8M4.6M
Net Debt2.9B3.1B3.1B3.4B3.2B1.9B
Non Current Assets Total6.2B5.5B5.5B5.7B5.6B3.5B
Cash And Short Term Investments1.2M640K0.066K59.4K56.4K
Liabilities And Stockholders Equity6.3B5.6B5.5B5.8B5.9B3.6B
Non Current Liabilities Total2.9B3.1B3.1B3.5B3.5B2.0B
Long Term Investments709.6M722.5M696.0M652.8M750.7M392.8M
Non Currrent Assets Other14.5M9.6M(1.1M)(119.2M)10.9M11.4M
Long Term Debt Total2.9B3.1B3.1B3.4B3.9B2.0B
Net Invested Capital6.0B5.5B5.4B5.6B6.4B4.1B
Net Working Capital(133.5M)(74K)(30.2M)(13.1M)(15.0M)(15.8M)

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the 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.
Is Oil & Gas Storage & Transportation space 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 Antero Midstream. If investors know Antero 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 Antero Midstream 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
0.035
Dividend Share
0.9
Earnings Share
0.8
Revenue Per Share
2.392
Quarterly Revenue Growth
0.021
The market value of Antero Midstream Partners is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream'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 Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream'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 Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream'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.