Amneal Operating Income vs Gross Profit 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, Operating Income and its Gross Profit 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.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amneal Pharmaceuticals, Operating Income account and Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Amneal Pharmaceuticals,'s Operating Income and Gross Profit is 0.07. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit 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 Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Amneal Pharmaceuticals, Class are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Amneal Pharmaceuticals,'s Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Amneal Pharmaceuticals, operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Amneal Pharmaceuticals, Class is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Amneal Pharmaceuticals, Class minus its cost of goods sold. It is profit before Amneal Pharmaceuticals, 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.
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
Click cells to compare fundamentals

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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