ASYS Stock | | | USD 5.75 0.04 0.70% |
Amtech Systems financial indicator trend analysis is way more than just evaluating Amtech Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amtech Systems is a good investment. Please check the relationship between Amtech Systems Accounts Payable and its Short Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amtech Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Amtech Stock please use our
How to Invest in Amtech Systems guide.
Accounts Payable vs Short Long Term Debt
Accounts Payable vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amtech Systems Accounts Payable account and
Short Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Amtech Systems' Accounts Payable and Short Long Term Debt is 0.24. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Amtech Systems, assuming nothing else is changed. The correlation between historical values of Amtech Systems' Accounts Payable and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Amtech Systems are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Accounts Payable i.e., Amtech Systems' Accounts Payable and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Amtech Systems obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Amtech Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Amtech Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amtech Systems 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 Amtech Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Amtech Stock please use our
How to Invest in Amtech Systems guide.At this time, Amtech Systems'
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 6.83 in 2024, despite the fact that
Discontinued Operations is likely to grow to (10.1
M).
Amtech Systems fundamental ratios Correlations
Click cells to compare fundamentals
Amtech Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amtech Systems fundamental ratios Accounts
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Additional Tools for Amtech Stock Analysis
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measure Amtech Systems' 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 Amtech Systems is operating at the current time. Most of Amtech Systems' value examination focuses on studying past and present price action to
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