Amedeo Cash vs Common Stock Analysis

AA4 Stock   53.80  1.10  2.09%   
Amedeo Air financial indicator trend analysis is way more than just evaluating Amedeo Air Four prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amedeo Air Four is a good investment. Please check the relationship between Amedeo Air Cash and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amedeo Air Four. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amedeo Air Four Cash account and Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Amedeo Air's Cash and Common Stock is 0.33. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Amedeo Air Four, assuming nothing else is changed. The correlation between historical values of Amedeo Air's Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Amedeo Air Four are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Amedeo Air's Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash

Cash refers to the most liquid asset of Amedeo Air Four, which is listed under current asset account on Amedeo Air Four balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Amedeo Air customers. The amounts must be unrestricted with restricted cash listed in a different Amedeo Air account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock

Most indicators from Amedeo Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amedeo Air Four 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 Amedeo Air Four. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
The current year's Selling General Administrative is expected to grow to about 1.8 M, whereas Tax Provision is forecasted to decline to about 17 K.
 2021 2022 2023 2024 (projected)
Interest Expense36.5M38.2M33.0M35.8M
Depreciation And Amortization113.4M129.7M122.2M123.0M

Amedeo Air fundamental ratios Correlations

0.99-0.220.660.950.990.910.720.170.430.99-0.990.070.430.580.80.930.990.2-0.150.610.990.730.560.740.86
0.99-0.240.640.890.980.930.760.130.350.99-0.990.020.350.580.770.940.990.18-0.140.530.990.720.490.710.83
-0.22-0.24-0.52-0.13-0.18-0.07-0.480.11-0.46-0.180.2-0.01-0.46-0.17-0.06-0.06-0.24-0.650.55-0.33-0.240.08-0.45-0.11-0.09
0.660.64-0.520.70.680.660.730.530.460.67-0.68-0.240.460.020.260.450.640.32-0.240.560.590.310.410.270.3
0.950.89-0.130.70.950.860.640.360.520.95-0.940.020.520.430.730.820.90.14-0.060.690.890.650.60.650.79
0.990.98-0.180.680.950.950.760.270.41.0-1.0-0.050.40.480.730.920.980.12-0.060.570.980.670.50.660.79
0.910.93-0.070.660.860.950.750.390.190.94-0.95-0.240.190.310.580.880.91-0.120.140.40.90.580.260.540.64
0.720.76-0.480.730.640.760.750.330.290.75-0.77-0.430.290.160.280.620.760.43-0.360.390.730.250.340.210.35
0.170.130.110.530.360.270.390.330.240.24-0.25-0.760.24-0.68-0.34-0.050.13-0.290.450.190.08-0.30.01-0.39-0.26
0.430.35-0.460.460.520.40.190.290.240.38-0.380.011.00.130.260.120.420.46-0.20.880.40.020.950.170.33
0.990.99-0.180.670.951.00.940.750.240.38-1.0-0.020.380.510.750.930.980.13-0.080.560.980.70.490.690.81
-0.99-0.990.2-0.68-0.94-1.0-0.95-0.77-0.25-0.38-1.00.04-0.38-0.5-0.74-0.92-0.98-0.140.09-0.56-0.98-0.68-0.49-0.67-0.8
0.070.02-0.01-0.240.02-0.05-0.24-0.43-0.760.01-0.020.040.010.760.620.180.020.24-0.370.110.060.590.210.660.54
0.430.35-0.460.460.520.40.190.290.241.00.38-0.380.010.130.260.120.420.46-0.20.880.40.020.950.170.33
0.580.58-0.170.020.430.480.310.16-0.680.130.51-0.50.760.130.910.70.570.34-0.430.320.620.820.420.910.88
0.80.77-0.060.260.730.730.580.28-0.340.260.75-0.740.620.260.910.860.770.2-0.240.470.80.920.50.970.99
0.930.94-0.060.450.820.920.880.62-0.050.120.93-0.920.180.120.70.860.920.04-0.090.390.940.830.320.820.88
0.990.99-0.240.640.90.980.910.760.130.420.98-0.980.020.420.570.770.920.22-0.170.591.00.70.550.70.82
0.20.18-0.650.320.140.12-0.120.43-0.290.460.13-0.140.240.460.340.20.040.22-0.950.410.20.120.570.130.19
-0.15-0.140.55-0.24-0.06-0.060.14-0.360.45-0.2-0.080.09-0.37-0.2-0.43-0.24-0.09-0.17-0.95-0.25-0.16-0.25-0.37-0.2-0.21
0.610.53-0.330.560.690.570.40.390.190.880.56-0.560.110.880.320.470.390.590.41-0.250.580.310.90.410.52
0.990.99-0.240.590.890.980.90.730.080.40.98-0.980.060.40.620.80.941.00.2-0.160.580.720.550.740.86
0.730.720.080.310.650.670.580.25-0.30.020.7-0.680.590.020.820.920.830.70.12-0.250.310.720.260.920.88
0.560.49-0.450.410.60.50.260.340.010.950.49-0.490.210.950.420.50.320.550.57-0.370.90.550.260.40.55
0.740.71-0.110.270.650.660.540.21-0.390.170.69-0.670.660.170.910.970.820.70.13-0.20.410.740.920.40.94
0.860.83-0.090.30.790.790.640.35-0.260.330.81-0.80.540.330.880.990.880.820.19-0.210.520.860.880.550.94
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Amedeo Air Account Relationship Matchups

Amedeo Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.4B1.4B1.4B1.3B1.3B
Short Long Term Debt Total1.2B1.0B994.6M955.4M819.9M901.9M
Other Current Liab(113.3M)(105.3M)(127.1K)(115.5M)(6.9K)(7.3K)
Total Current Liabilities118.7M103.8M121.0K109.9M(6.9K)(6.6K)
Total Stockholder Equity632.1M311.7M313.8M341.3M338.8M351.2M
Property Plant And Equipment Net1.7B1.3B1.2B1.2B1.0B1.2B
Current Deferred Revenue9.5M8.2M5.5M5.6M5.1M4.8M
Net Debt1.1B970.4M951.3M909.0M(55.5M)(52.7M)
Retained Earnings(74.8M)(258.2M)(237.8M)(198.1M)(194.0M)(184.3M)
Cash174.3M63.1M43.3M46.4M55.5M60.4M
Non Current Assets Total1.7B1.3B1.3B1.2B1.1B1.2B
Non Currrent Assets Other(1.7B)(1.3B)(1.3B)(1.2B)(1.1B)(1.1B)
Other Assets73.7M55.1M58.6M105.3M106.8M112.1M
Cash And Short Term Investments174.3M63.1M43.3M46.4M55.5M60.4M
Net Receivables21.8M25.7M23.6M21.7M23.4M20.8M
Common Stock Shares Outstanding299.7M374.4M356.1M300.7M304.1M295.3M
Liabilities And Stockholders Equity2.0B1.4B1.4B1.4B1.3B1.3B
Non Current Liabilities Total1.4B1.0B1.1B955.4M819.9M935.3M
Inventory182.1M98.6M138.6M145.3M23.6M22.4M
Other Current Assets(189.8M)(121.4M)(204.0M)(226.3M)(23.6M)(24.8M)
Other Stockholder Equity530.6M19.0M30.6M46.5M39.9M37.9M
Total Liab1.4B1.1B1.1B955.4M913.4M951.8M
Property Plant And Equipment Gross1.7B1.3B2.1B2.2B2.2B2.0B
Total Current Assets196.1M88.9M80.5M68.0M78.9M76.8M
Accumulated Other Comprehensive Income(471.2M)19.0M30.6M46.5M53.4M56.1M
Short Term Debt103.6M97.1M81.7M109.9M126.4M101.6M
Long Term Investments7.7M22.8M44.0M55.3M53.1M32.8M
Net Invested Capital1.9B1.3B1.3B1.3B1.2B1.3B

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Other Information on Investing in Amedeo Stock

Balance Sheet is a snapshot of the financial position of Amedeo Air Four at a specified time, usually calculated after every quarter, six months, or one year. Amedeo Air Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amedeo Air and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Amedeo currently owns. An asset can also be divided into two categories, current and non-current.