Amphastar Other Liab vs Total Current Liabilities Analysis
AMPH Stock | USD 45.06 0.42 0.92% |
Amphastar financial indicator trend analysis is way more than just evaluating Amphastar P prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amphastar P is a good investment. Please check the relationship between Amphastar Other Liab and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amphastar P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Other Liab vs Total Current Liabilities
Other Liab vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amphastar P Other Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Amphastar's Other Liab and Total Current Liabilities is 0.83. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Amphastar P, assuming nothing else is changed. The correlation between historical values of Amphastar's Other Liab and Total Current Liabilities 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 Amphastar P are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Liab i.e., Amphastar's Other Liab and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Liab
Total Current Liabilities
Total Current Liabilities is an item on Amphastar balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Amphastar P are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Amphastar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amphastar P 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 Amphastar P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. As of now, Amphastar's Tax Provision is increasing as compared to previous years. The Amphastar's current Enterprise Value Over EBITDA is estimated to increase to 21.26, while Selling General Administrative is projected to decrease to under 46.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 885K | 1.8M | 27.2M | 28.5M | Depreciation And Amortization | 26.8M | 28.7M | 41.8M | 43.9M |
Amphastar fundamental ratios Correlations
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Amphastar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amphastar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 49.9M | 49.1M | 49.8M | 52.4M | 53.0M | 42.9M | |
Total Assets | 587.0M | 631.2M | 671.5M | 742.0M | 1.5B | 1.6B | |
Short Long Term Debt Total | 66.6M | 67.3M | 104.7M | 102.6M | 623.6M | 654.8M | |
Other Current Liab | 2.0M | 67.8M | 64.3M | 60.7M | 190.1M | 199.6M | |
Total Current Liabilities | 90.0M | 112.2M | 103.8M | 94.9M | 225.4M | 236.7M | |
Total Stockholder Equity | 381.4M | 402.3M | 445.5M | 528.7M | 639.4M | 408.7M | |
Other Liab | 13.7M | 18.7M | 22.7M | 21.9M | 25.2M | 26.5M | |
Property Plant And Equipment Net | 253.5M | 280.7M | 271.5M | 264.6M | 315.6M | 223.6M | |
Net Debt | (7.1M) | (25.4M) | (21.7M) | (53.5M) | 479.3M | 503.3M | |
Retained Earnings | 116.4M | 117.8M | 180.3M | 271.7M | 409.3M | 429.7M | |
Accounts Payable | 77.1M | 24.4M | 22.2M | 20.5M | 25.4M | 32.3M | |
Cash | 73.7M | 92.6M | 126.4M | 156.1M | 144.3M | 96.7M | |
Non Current Assets Total | 331.7M | 351.6M | 353.4M | 363.7M | 1.0B | 1.1B | |
Non Currrent Assets Other | 11.2M | 5.3M | 16.7M | 20.9M | 25.9M | 27.2M | |
Other Assets | 37.0M | 50.9M | 39.1M | 59.4M | 68.3M | 35.9M | |
Long Term Debt | 39.4M | 34.2M | 74.8M | 72.8M | 589.6M | 619.1M | |
Cash And Short Term Investments | 85.4M | 105.6M | 136.7M | 175.8M | 256.8M | 269.6M | |
Net Receivables | 45.7M | 66.0M | 78.8M | 88.8M | 114.9M | 58.4M | |
Good Will | 3.6M | 3.9M | 3.3M | 3.1M | 3.2M | 3.5M | |
Short Term Investments | 11.7M | 13.0M | 10.3M | 19.7M | 112.5M | 118.1M | |
Liabilities And Stockholders Equity | 587.0M | 631.2M | 671.5M | 742.0M | 1.5B | 1.6B | |
Non Current Liabilities Total | 69.4M | 70.3M | 122.2M | 118.5M | 648.1M | 680.5M | |
Inventory | 110.5M | 96.8M | 92.8M | 103.6M | 105.8M | 91.3M | |
Other Current Assets | 9.5M | 11.2M | 9.8M | 17.7M | 21.1M | 22.1M | |
Other Stockholder Equity | 269.7M | 288.2M | 271.9M | 265.6M | 238.6M | 269.2M | |
Total Liab | 159.4M | 182.5M | 226.0M | 213.3M | 873.5M | 917.2M | |
Property Plant And Equipment Gross | 233.9M | 280.7M | 271.5M | 264.6M | 560.9M | 589.0M | |
Total Current Assets | 255.2M | 279.7M | 318.1M | 378.3M | 489.6M | 277.4M | |
Accumulated Other Comprehensive Income | (4.7M) | (3.7M) | (6.8M) | (8.6M) | (8.5M) | (8.9M) | |
Short Term Debt | 10.9M | 19.0M | 8.2M | 9.1M | 8.2M | 9.9M | |
Intangible Assets | 37.5M | 36.7M | 35.6M | 34.2M | 610.1M | 640.6M | |
Property Plant Equipment | 233.9M | 260.1M | 244.2M | 238.3M | 274.0M | 203.0M | |
Net Tangible Assets | 340.2M | 361.7M | 406.7M | 491.4M | 565.1M | 361.3M | |
Retained Earnings Total Equity | 116.4M | 117.8M | 180.3M | 271.7M | 312.5M | 328.1M | |
Long Term Debt Total | 39.4M | 34.2M | 74.8M | 72.8M | 83.8M | 48.0M | |
Capital Surpluse | 367.3M | 410.1M | 422.4M | 455.1M | 523.3M | 374.6M |
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When determining whether Amphastar P offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphastar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amphastar P Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphastar P Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amphastar P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Pharmaceuticals 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 Amphastar. If investors know Amphastar 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 Amphastar 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 (0.14) | Earnings Share 2.87 | Revenue Per Share 14.942 | Quarterly Revenue Growth 0.059 | Return On Assets 0.0867 |
The market value of Amphastar P is measured differently than its book value, which is the value of Amphastar that is recorded on the company's balance sheet. Investors also form their own opinion of Amphastar's value that differs from its market value or its book value, called intrinsic value, which is Amphastar'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 Amphastar's market value can be influenced by many factors that don't directly affect Amphastar'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 Amphastar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amphastar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amphastar'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.