Amneal Inventory vs Other Current Assets Analysis

AMRX Stock  USD 9.20  0.47  5.38%   
Amneal Pharmaceuticals, financial indicator trend analysis is way more than just evaluating Amneal Pharmaceuticals, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amneal Pharmaceuticals, is a good investment. Please check the relationship between Amneal Pharmaceuticals, Inventory and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amneal Pharmaceuticals, Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Inventory vs Other Current Assets

Inventory vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amneal Pharmaceuticals, Inventory account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Amneal Pharmaceuticals,'s Inventory and Other Current Assets is 0.9. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Amneal Pharmaceuticals, Class, assuming nothing else is changed. The correlation between historical values of Amneal Pharmaceuticals,'s Inventory and Other 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 Inventory of Amneal Pharmaceuticals, Class are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Inventory i.e., Amneal Pharmaceuticals,'s Inventory and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Amneal Pharmaceuticals,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amneal Pharmaceuticals, 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 Amneal Pharmaceuticals, Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Amneal Pharmaceuticals,'s Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 16.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 281.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit769.0M784.7M820.6M675.9M
Total Revenue2.1B2.2B2.4B1.7B

Amneal Pharmaceuticals, fundamental ratios Correlations

0.42-0.690.880.880.76-0.950.830.89-0.280.870.710.960.820.610.910.690.840.93-0.780.930.940.650.870.920.94
0.42-0.490.690.390.43-0.610.650.65-0.50.440.360.60.620.240.650.350.680.67-0.620.660.640.680.690.580.62
-0.69-0.49-0.65-0.65-0.620.81-0.85-0.850.4-0.67-0.72-0.78-0.89-0.49-0.85-0.7-0.68-0.650.92-0.76-0.81-0.5-0.66-0.66-0.76
0.880.69-0.650.650.67-0.910.890.94-0.610.730.540.890.880.40.930.530.950.99-0.830.960.930.920.990.870.92
0.880.39-0.650.650.83-0.850.690.730.10.860.710.90.650.770.790.70.620.74-0.640.80.820.330.680.870.81
0.760.43-0.620.670.83-0.740.60.7-0.010.590.490.810.690.60.720.480.560.68-0.570.730.740.430.730.850.65
-0.95-0.610.81-0.91-0.85-0.74-0.94-0.960.43-0.87-0.71-0.99-0.91-0.54-0.98-0.69-0.91-0.940.9-0.97-0.99-0.71-0.9-0.91-0.98
0.830.65-0.850.890.690.6-0.940.97-0.580.80.640.910.930.490.980.630.950.91-0.980.940.960.780.890.840.94
0.890.65-0.850.940.730.7-0.960.97-0.570.810.620.950.970.480.990.610.950.95-0.960.970.980.810.940.890.95
-0.28-0.50.4-0.610.1-0.010.43-0.58-0.57-0.13-0.03-0.33-0.610.31-0.5-0.02-0.65-0.520.6-0.49-0.46-0.81-0.57-0.26-0.47
0.870.44-0.670.730.860.59-0.870.80.81-0.130.730.880.720.650.850.730.780.82-0.760.820.870.460.720.80.88
0.710.36-0.720.540.710.49-0.710.640.62-0.030.730.70.570.690.681.00.530.61-0.620.650.70.30.550.580.7
0.960.6-0.780.890.90.81-0.990.910.95-0.330.880.70.880.610.970.680.880.94-0.870.970.980.680.90.950.97
0.820.62-0.890.880.650.69-0.910.930.97-0.610.720.570.880.420.940.550.880.86-0.960.890.920.760.880.830.87
0.610.24-0.490.40.770.6-0.540.490.480.310.650.690.610.420.530.680.360.5-0.450.510.550.140.450.70.51
0.910.65-0.850.930.790.72-0.980.980.99-0.50.850.680.970.940.530.660.950.95-0.950.980.990.780.930.90.97
0.690.35-0.70.530.70.48-0.690.630.61-0.020.731.00.680.550.680.660.510.59-0.60.630.680.280.540.560.69
0.840.68-0.680.950.620.56-0.910.950.95-0.650.780.530.880.880.360.950.510.96-0.90.950.940.880.950.840.93
0.930.67-0.650.990.740.68-0.940.910.95-0.520.820.610.940.860.50.950.590.96-0.840.980.960.860.980.910.96
-0.78-0.620.92-0.83-0.64-0.570.9-0.98-0.960.6-0.76-0.62-0.87-0.96-0.45-0.95-0.6-0.9-0.84-0.89-0.92-0.73-0.83-0.78-0.89
0.930.66-0.760.960.80.73-0.970.940.97-0.490.820.650.970.890.510.980.630.950.98-0.890.990.820.960.910.98
0.940.64-0.810.930.820.74-0.990.960.98-0.460.870.70.980.920.550.990.680.940.96-0.920.990.760.940.920.98
0.650.68-0.50.920.330.43-0.710.780.81-0.810.460.30.680.760.140.780.280.880.86-0.730.820.760.90.670.76
0.870.69-0.660.990.680.73-0.90.890.94-0.570.720.550.90.880.450.930.540.950.98-0.830.960.940.90.90.9
0.920.58-0.660.870.870.85-0.910.840.89-0.260.80.580.950.830.70.90.560.840.91-0.780.910.920.670.90.88
0.940.62-0.760.920.810.65-0.980.940.95-0.470.880.70.970.870.510.970.690.930.96-0.890.980.980.760.90.88
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Amneal Pharmaceuticals, Account Relationship Matchups

Amneal Pharmaceuticals, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.0B3.9B3.8B3.5B3.2B
Common Stock Shares Outstanding132.1M148.9M151.8M150.9M176.1M151.5M
Other Current Liab6.0M7.6M47.9M110.0M77.0M51.8M
Total Current Liabilities550.4M676.9M677.2M752.8M846.6M589.0M
Total Stockholder Equity346.8M344.9M367.0M184.0M19.8M18.8M
Other Liab35.7M87.3M48.5M97.1M111.7M75.0M
Net Tangible Assets(1.6B)(1.5B)(1.4B)(1.4B)(1.2B)(1.3B)
Property Plant And Equipment Net609.2M595.2M639.0M589.4M550.1M579.3M
Net Debt2.6B2.6B2.6B2.8B2.7B2.1B
Retained Earnings(377.9M)(286.8M)(276.2M)(406.2M)(490.2M)(465.7M)
Accounts Payable507.5M613.7M583.3M538.2M143.6M136.4M
Cash151.2M341.4M247.8M26.0M91.5M150.8M
Non Current Assets Total2.5B2.5B2.4B2.4B2.1B2.0B
Non Currrent Assets Other44.3M31.9M20.6M103.2M55.5M58.3M
Other Assets16.5M149.3M473.7M17.6M20.3M19.3M
Long Term Debt2.6B2.7B2.7B2.6B2.4B2.2B
Cash And Short Term Investments151.2M341.4M247.8M26.0M91.5M152.0M
Net Receivables606.2M640.3M663.8M742.3M645.7M590.6M
Good Will419.5M522.8M593.0M598.9M598.6M396.5M
Short Term Investments1.1M1.7M1.2M1.8M2.2M1.9M
Long Term Debt Total2.7B2.7B2.7B2.6B3.0B2.1B
Non Current Liabilities Total2.8B3.0B2.9B2.8B2.6B2.5B
Capital Surpluse607.0M628.4M658.4M691.6M795.4M648.3M
Inventory381.1M490.6M489.4M530.7M581.4M454.1M
Other Current Assets70.2M73.5M110.2M103.6M91.2M82.0M
Other Stockholder Equity721.7M670.1M665.0M577.2M539.2M450.2M
Total Liab3.3B3.7B3.6B3.6B3.5B3.1B
Short Long Term Debt21.5M45.2M30.6M90.0M213.1M223.8M
Total Current Assets1.2B1.6B1.5B1.4B1.4B1.3B
Short Term Debt37.0M55.7M46.0M104.6M227.6M239.0M
Intangible Assets1.4B1.3B1.2B1.1B890.4M933.3M
Common Stock3.0M3.0M3.0M3.0M3.1M3.2M
Property Plant Equipment620.6M477.8M514.2M469.8M540.3M513.5M
Short Long Term Debt Total2.8B2.9B2.9B2.8B2.8B2.9B
Noncontrolling Interest In Consolidated Entity114.8M41.7M6.6M(114.4M)(103.0M)(97.8M)
Common Stock Total Equity3.0M3.0M3.0M3.0M3.5M2.8M
Retained Earnings Total Equity(377.9M)(286.8M)(276.2M)(406.2M)(365.6M)(347.3M)
Liabilities And Stockholders Equity3.7B4.0B3.9B3.8B3.5B3.9B
Capital Lease Obligations135.5M123.9M127.4M123.5M109.9M110.0M

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