Ametek Total Assets vs Other Stockholder Equity Analysis

0HF7 Stock   195.78  1.07  0.54%   
Ametek financial indicator trend analysis is way more than just evaluating Ametek Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ametek Inc is a good investment. Please check the relationship between Ametek Total Assets and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ametek Inc Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Ametek's Total Assets and Other Stockholder Equity is -0.77. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Ametek Inc, assuming nothing else is changed. The correlation between historical values of Ametek's Total Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ametek Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Ametek's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Ametek assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ametek Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

Most indicators from Ametek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ametek Inc 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 Ametek Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 729.3 M in 2024, whereas Tax Provision is likely to drop slightly above 237.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.1B2.4B2.5B
Total Revenue5.5B6.2B6.6B6.9B

Ametek fundamental ratios Correlations

0.940.970.930.990.990.910.990.251.0-0.030.250.96-0.830.910.960.92-0.770.980.970.760.990.90.680.70.49
0.940.930.880.890.920.950.920.330.93-0.030.330.94-0.90.950.880.89-0.830.990.950.740.930.90.510.760.59
0.970.930.90.950.930.910.960.250.97-0.120.250.97-0.840.90.930.86-0.790.960.940.710.970.930.570.710.53
0.930.880.90.920.970.920.910.020.940.30.020.92-0.760.740.940.88-0.620.920.860.940.90.820.630.620.31
0.990.890.950.920.980.870.990.220.99-0.020.220.94-0.780.860.960.91-0.730.950.950.750.990.870.730.650.43
0.990.920.930.970.980.910.970.170.990.110.170.94-0.790.840.960.94-0.720.960.930.840.970.840.720.640.38
0.910.950.910.920.870.910.880.030.910.060.030.95-0.840.860.910.9-0.740.950.850.810.910.880.560.680.5
0.990.920.960.910.990.970.880.280.99-0.080.280.94-0.790.90.950.92-0.810.970.960.720.990.860.720.660.45
0.250.330.250.020.220.170.030.280.2-0.361.00.14-0.310.470.060.14-0.440.290.46-0.130.230.23-0.070.370.48
1.00.930.970.940.990.990.910.990.2-0.020.20.96-0.810.890.970.93-0.750.980.950.770.990.890.70.680.47
-0.03-0.03-0.120.3-0.020.110.06-0.08-0.36-0.02-0.36-0.040.07-0.310.080.020.34-0.04-0.080.58-0.13-0.11-0.03-0.12-0.43
0.250.330.250.020.220.170.030.281.00.2-0.360.14-0.310.470.060.14-0.440.290.46-0.130.240.23-0.070.370.48
0.960.940.970.920.940.940.950.940.140.96-0.040.14-0.870.910.970.89-0.740.970.930.750.960.960.550.750.59
-0.83-0.9-0.84-0.76-0.78-0.79-0.84-0.79-0.31-0.810.07-0.31-0.87-0.88-0.79-0.750.65-0.89-0.87-0.61-0.82-0.89-0.33-0.71-0.61
0.910.950.90.740.860.840.860.90.470.89-0.310.470.91-0.880.820.84-0.850.950.940.510.920.90.480.770.72
0.960.880.930.940.960.960.910.950.060.970.080.060.97-0.790.820.89-0.690.940.910.80.950.90.670.640.42
0.920.890.860.880.910.940.90.920.140.930.020.140.89-0.750.840.89-0.730.920.880.760.920.780.690.620.41
-0.77-0.83-0.79-0.62-0.73-0.72-0.74-0.81-0.44-0.750.34-0.44-0.740.65-0.85-0.69-0.73-0.8-0.8-0.42-0.79-0.65-0.55-0.54-0.43
0.980.990.960.920.950.960.950.970.290.98-0.040.290.97-0.890.950.940.92-0.80.970.750.980.930.590.750.58
0.970.950.940.860.950.930.850.960.460.95-0.080.460.93-0.870.940.910.88-0.80.970.670.950.910.540.750.59
0.760.740.710.940.750.840.810.72-0.130.770.58-0.130.75-0.610.510.80.76-0.420.750.670.710.630.520.480.11
0.990.930.970.90.990.970.910.990.230.99-0.130.240.96-0.820.920.950.92-0.790.980.950.710.90.690.70.52
0.90.90.930.820.870.840.880.860.230.89-0.110.230.96-0.890.90.90.78-0.650.930.910.630.90.360.80.72
0.680.510.570.630.730.720.560.72-0.070.7-0.03-0.070.55-0.330.480.670.69-0.550.590.540.520.690.360.07-0.1
0.70.760.710.620.650.640.680.660.370.68-0.120.370.75-0.710.770.640.62-0.540.750.750.480.70.80.070.8
0.490.590.530.310.430.380.50.450.480.47-0.430.480.59-0.610.720.420.41-0.430.580.590.110.520.72-0.10.8
Click cells to compare fundamentals

Ametek Account Relationship Matchups

Ametek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B10.4B11.9B12.4B15.0B15.8B
Short Long Term Debt Total2.8B2.4B2.5B2.4B3.4B3.5B
Other Current Liab321.1M304.8M396.0M388.8M441.9M464.0M
Total Current Liabilities1.4B1.1B1.6B1.6B2.9B3.0B
Total Stockholder Equity5.1B5.9B6.9B7.5B8.7B9.2B
Property Plant And Equipment Net728.6M693.8M787.1M805.9M1.1B1.2B
Net Debt2.4B1.2B2.2B2.0B3.0B3.1B
Retained Earnings6.4B7.1B7.9B8.9B9.9B10.4B
Cash393.0M1.2B346.8M345.4M409.8M211.8M
Non Current Assets Total7.8B7.8B9.8B9.9B12.2B12.8B
Non Currrent Assets Other(815.9M)(826.1M)(1.1B)(1.1B)453.0M475.6M
Cash And Short Term Investments393.0M1.2B346.8M345.4M409.8M214.8M
Net Receivables744.8M597.5M829.2M919.3M1.0B1.1B
Common Stock Shares Outstanding229.4M231.2M232.8M231.5M231.5M199.5M
Liabilities And Stockholders Equity9.8B10.4B11.9B12.4B15.0B15.8B
Non Current Liabilities Total3.3B3.3B3.5B3.4B3.4B3.6B
Inventory624.6M559.2M769.2M1.0B1.1B1.2B
Other Current Assets263.4M153.0M183.6M219.1M269.5M282.9M
Other Stockholder Equity(741.6M)(643.5M)(560.5M)(808.7M)(727.9M)(691.5M)
Total Liab4.7B4.4B5.0B5.0B6.3B6.6B
Total Current Assets2.0B2.5B2.1B2.5B2.8B3.0B
Accumulated Other Comprehensive Income(533.1M)(504.5M)(470.4M)(574.9M)(484.9M)(460.7M)
Short Term Debt540.5M177.2M362.4M272.4M1.5B1.6B
Intangible Assets3.0B2.9B3.7B3.7B4.2B4.4B
Accounts Payable377.2M360.4M470.3M497.1M516.6M542.4M
Current Deferred Revenue156.8M194.6M298.7M357.7M375.5M394.3M
Common Stock2.7M2.7M2.7M2.7M2.7M1.8M
Good Will4.0B4.2B5.2B5.4B6.4B6.8B
Other Assets271.4M283.7M1.0372.6M428.5M449.9M
Other Liab889.3M922.6M1.1B1.1B1.3B1.0B
Net Tangible Assets(1.7B)(899.3M)(1.7B)(1.2B)(1.4B)(1.5B)
Long Term Debt2.3B2.3B2.3B2.2B2.6B2.4B
Property Plant Equipment728.6M693.8M787.1M805.9M926.8M744.8M

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