AMG Other Liab vs Other Assets Analysis

0LO9 Stock   14.84  0.02  0.13%   
AMG Advanced financial indicator trend analysis is way more than just evaluating AMG Advanced Metallu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMG Advanced Metallu is a good investment. Please check the relationship between AMG Advanced Other Liab and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMG Advanced Metallurgical. 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.

Other Liab vs Other Assets

Other Liab vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMG Advanced Metallu Other Liab account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between AMG Advanced's Other Liab and Other Assets is 0.66. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Assets in the same time period over historical financial statements of AMG Advanced Metallurgical, assuming nothing else is changed. The correlation between historical values of AMG Advanced's Other Liab and Other 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 Other Liab of AMG Advanced Metallurgical are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Liab i.e., AMG Advanced's Other Liab and Other Assets go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Other Assets

Most indicators from AMG Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMG Advanced Metallu 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 AMG Advanced Metallurgical. 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.
Tax Provision is likely to gain to about 11.7 M in 2024. Selling General Administrative is likely to gain to about 99.8 M in 2024
 2019 2020 2023 2024 (projected)
Gross Profit206.7M120.6M108.6M169.1M
Total Revenue1.2B937.1M1.1B1.2B

AMG Advanced fundamental ratios Correlations

0.970.9-0.350.330.470.970.630.680.930.980.790.670.370.990.83-0.890.020.90.880.890.540.010.15-0.1-0.7
0.970.84-0.550.190.551.00.440.640.950.930.670.630.330.990.75-0.95-0.190.890.830.920.520.120.06-0.14-0.71
0.90.84-0.30.540.080.850.630.880.880.920.910.80.590.880.97-0.740.050.80.910.920.76-0.270.460.33-0.86
-0.35-0.55-0.30.12-0.3-0.540.42-0.36-0.56-0.360.03-0.45-0.28-0.49-0.160.650.86-0.46-0.41-0.59-0.4-0.07-0.1-0.010.55
0.330.190.540.12-0.480.20.480.720.330.420.720.720.810.260.68-0.130.210.30.550.410.75-0.860.880.49-0.65
0.470.550.08-0.3-0.480.550.09-0.240.360.37-0.05-0.15-0.460.5-0.06-0.6-0.20.430.160.19-0.280.66-0.67-0.830.13
0.971.00.85-0.540.20.550.450.640.950.930.680.640.331.00.75-0.95-0.180.890.830.920.520.120.07-0.14-0.71
0.630.440.630.420.480.090.450.380.380.590.810.330.120.520.7-0.290.550.340.50.360.22-0.140.17-0.02-0.27
0.680.640.88-0.360.72-0.240.640.380.790.770.820.880.830.680.91-0.54-0.050.710.880.870.96-0.580.740.59-0.94
0.930.950.88-0.560.330.360.950.380.790.970.680.790.540.950.79-0.91-0.150.960.940.960.67-0.10.280.05-0.83
0.980.930.92-0.360.420.370.930.590.770.970.80.770.50.960.85-0.870.030.940.950.910.64-0.140.290.01-0.78
0.790.670.910.030.72-0.050.680.810.820.680.80.680.550.730.97-0.510.280.610.790.740.72-0.40.510.33-0.72
0.670.630.8-0.450.72-0.150.640.330.880.790.770.680.880.670.78-0.66-0.150.730.880.830.84-0.610.780.41-0.97
0.370.330.59-0.280.81-0.460.330.120.830.540.50.550.880.360.64-0.350.00.520.650.630.83-0.750.890.58-0.86
0.990.990.88-0.490.260.51.00.520.680.950.960.730.670.360.8-0.94-0.120.90.870.920.550.060.12-0.1-0.73
0.830.750.97-0.160.68-0.060.750.70.910.790.850.970.780.640.8-0.610.150.70.860.860.8-0.380.550.4-0.84
-0.89-0.95-0.740.65-0.13-0.6-0.95-0.29-0.54-0.91-0.87-0.51-0.66-0.35-0.94-0.610.29-0.89-0.78-0.86-0.44-0.11-0.070.230.7
0.02-0.190.050.860.21-0.2-0.180.55-0.05-0.150.030.28-0.150.0-0.120.150.29-0.03-0.05-0.18-0.19-0.03-0.030.030.23
0.90.890.8-0.460.30.430.890.340.710.960.940.610.730.520.90.7-0.89-0.030.90.890.61-0.090.23-0.05-0.75
0.880.830.91-0.410.550.160.830.50.880.940.950.790.880.650.870.86-0.78-0.050.90.90.8-0.390.520.23-0.88
0.890.920.92-0.590.410.190.920.360.870.960.910.740.830.630.920.86-0.86-0.180.890.90.76-0.160.390.22-0.91
0.540.520.76-0.40.75-0.280.520.220.960.670.640.720.840.830.550.8-0.44-0.190.610.80.76-0.70.80.63-0.9
0.010.12-0.27-0.07-0.860.660.12-0.14-0.58-0.1-0.14-0.4-0.61-0.750.06-0.38-0.11-0.03-0.09-0.39-0.16-0.7-0.95-0.660.53
0.150.060.46-0.10.88-0.670.070.170.740.280.290.510.780.890.120.55-0.07-0.030.230.520.390.8-0.950.73-0.72
-0.1-0.140.33-0.010.49-0.83-0.14-0.020.590.050.010.330.410.58-0.10.40.230.03-0.050.230.220.63-0.660.73-0.47
-0.7-0.71-0.860.55-0.650.13-0.71-0.27-0.94-0.83-0.78-0.72-0.97-0.86-0.73-0.840.70.23-0.75-0.88-0.91-0.90.53-0.72-0.47
Click cells to compare fundamentals

AMG Advanced Account Relationship Matchups

AMG Advanced fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets956.6M1.3B1.5B1.4B1.7B1.3B
Short Long Term Debt Total164.8M357.0M716.0M720.4M828.4M464.0M
Total Current Liabilities354.5M342.5M466.4M457.2M525.8M412.8M
Total Stockholder Equity258.0M319.9M160.5M115.5M103.9M164.7M
Retained Earnings(128.2M)(182.6M)(172.0M)(3.5M)(4.1M)(4.3M)
Other Assets399.7M294.9M165.2M69.0M79.3M75.4M
Long Term Debt164.8M357.0M669.5M673.3M774.3M443.4M
Cash And Short Term Investments178.8M381.9M226.2M207.4M238.5M254.1M
Net Receivables127.0M127.5M151.3M169.8M195.3M154.7M
Good Will25.0M24.2M27.9M29.6M34.1M28.5M
Inventory204.2M152.3M218.3M277.3M318.9M231.8M
Other Current Assets36.5M51.5M77.5M126.3M145.3M152.5M
Other Stockholder Equity(117.8M)(112.1M)(97.6M)(45.8M)(52.7M)(55.3M)
Total Liab698.6M1.0B1.3B1.3B1.5B1.1B
Total Current Assets594.0M538.9M785.1M919.6M1.1B741.1M
Treasury Stock(3.5M)(347K)(83.9M)(80.2M)(72.1M)(68.5M)
Intangible Assets13.1M10.9M14.0M13.6M15.6M13.7M
Common Stock796K812K831K853K981.0K901.4K
Property Plant Equipment430.0M551.9M693.6M797.6M917.3M522.6M
Other Current Liab154.8M135.5M164.8M188.2M216.4M175.4M
Other Liab214.0M231.5M216.6M191.9M172.7M168.3M
Net Tangible Assets120.0M73.7M224.9M450.1M517.6M543.5M
Accounts Payable157.1M165.0M252.8M240.1M276.1M230.1M
Deferred Long Term Liab1.4M1.4M1.1M930K837K1.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for AMG Stock Analysis

When running AMG Advanced's price analysis, check to measure AMG Advanced's 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 AMG Advanced is operating at the current time. Most of AMG Advanced's value examination focuses on studying past and present price action to predict the probability of AMG Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMG Advanced's price. Additionally, you may evaluate how the addition of AMG Advanced to your portfolios can decrease your overall portfolio volatility.