Apiam Sale Purchase Of Stock vs Net Borrowings Analysis

AHX Stock   0.36  0.01  2.70%   
Apiam Animal financial indicator trend analysis is way more than just evaluating Apiam Animal Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apiam Animal Health is a good investment. Please check the relationship between Apiam Animal Sale Purchase Of Stock and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apiam Animal Health. 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.

Sale Purchase Of Stock vs Net Borrowings

Sale Purchase Of Stock vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apiam Animal Health Sale Purchase Of Stock account and Net Borrowings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Apiam Animal's Sale Purchase Of Stock and Net Borrowings is 0.87. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Apiam Animal Health, assuming nothing else is changed. The correlation between historical values of Apiam Animal's Sale Purchase Of Stock and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Apiam Animal Health are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Sale Purchase Of Stock i.e., Apiam Animal's Sale Purchase Of Stock and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Sale Purchase Of Stock

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Apiam Animal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apiam Animal Health 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 Apiam Animal Health. 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 drop to about 1.5 M in 2024. Selling General Administrative is likely to drop to about 46.6 M in 2024
 2021 2022 2023 2024 (projected)
EBITDA16.3M17.1M24.5M13.0M
Other Operating Expenses149.1M184.9M157.9M117.5M

Apiam Animal fundamental ratios Correlations

0.90.971.00.750.640.37-0.260.430.40.850.260.05-0.191.00.73-0.080.790.550.370.340.850.760.5-0.490.49
0.90.960.890.660.670.2-0.30.550.390.850.240.08-0.20.90.65-0.130.830.450.190.290.750.70.48-0.450.43
0.970.960.960.670.70.23-0.160.480.470.820.310.18-0.320.970.65-0.160.880.610.40.410.780.770.57-0.530.51
1.00.890.960.780.610.41-0.290.480.350.880.220.0-0.160.980.77-0.050.770.510.350.30.870.720.44-0.440.45
0.750.660.670.780.050.81-0.680.48-0.30.91-0.41-0.530.210.711.00.520.37-0.040.07-0.340.980.24-0.190.17-0.16
0.640.670.70.610.05-0.330.220.160.860.390.830.62-0.460.660.03-0.790.820.750.270.730.210.910.86-0.880.91
0.370.20.230.410.81-0.33-0.710.22-0.570.59-0.6-0.80.540.330.820.66-0.14-0.4-0.18-0.60.74-0.09-0.530.42-0.42
-0.26-0.3-0.16-0.29-0.680.22-0.71-0.20.54-0.570.560.75-0.68-0.22-0.69-0.510.120.60.620.64-0.60.120.51-0.430.4
0.430.550.480.480.480.160.22-0.2-0.070.55-0.17-0.14-0.320.380.470.110.490.060.190.050.470.00.00.09-0.13
0.40.390.470.35-0.30.86-0.570.54-0.07-0.010.950.76-0.530.45-0.32-0.840.60.840.390.93-0.130.790.98-0.970.93
0.850.850.820.880.910.390.59-0.570.55-0.01-0.09-0.30.030.830.90.190.610.170.1-0.120.940.50.07-0.130.15
0.260.240.310.22-0.410.83-0.60.56-0.170.95-0.090.73-0.410.3-0.43-0.890.450.760.280.86-0.250.750.89-0.950.96
0.050.080.180.0-0.530.62-0.80.75-0.140.76-0.30.73-0.770.09-0.54-0.750.540.750.510.79-0.40.430.77-0.630.64
-0.19-0.2-0.32-0.160.21-0.460.54-0.68-0.32-0.530.03-0.41-0.77-0.210.220.45-0.66-0.75-0.81-0.610.12-0.26-0.570.4-0.36
1.00.90.970.980.710.660.33-0.220.380.450.830.30.09-0.210.7-0.110.80.590.380.380.820.790.54-0.530.52
0.730.650.650.771.00.030.82-0.690.47-0.320.9-0.43-0.540.220.70.530.35-0.060.06-0.360.980.22-0.210.19-0.18
-0.08-0.13-0.16-0.050.52-0.790.66-0.510.11-0.840.19-0.89-0.750.45-0.110.53-0.43-0.55-0.1-0.760.38-0.59-0.770.77-0.8
0.790.830.880.770.370.82-0.140.120.490.60.610.450.54-0.660.80.35-0.430.740.530.570.490.730.69-0.580.58
0.550.450.610.51-0.040.75-0.40.60.060.840.170.760.75-0.750.59-0.06-0.550.740.790.820.120.740.87-0.830.8
0.370.190.40.350.070.27-0.180.620.190.390.10.280.51-0.810.380.06-0.10.530.790.510.160.290.47-0.350.31
0.340.290.410.3-0.340.73-0.60.640.050.93-0.120.860.79-0.610.38-0.36-0.760.570.820.51-0.190.610.95-0.840.82
0.850.750.780.870.980.210.74-0.60.47-0.130.94-0.25-0.40.120.820.980.380.490.120.16-0.190.4-0.03-0.010.01
0.760.70.770.720.240.91-0.090.120.00.790.50.750.43-0.260.790.22-0.590.730.740.290.610.40.79-0.880.89
0.50.480.570.44-0.190.86-0.530.510.00.980.070.890.77-0.570.54-0.21-0.770.690.870.470.95-0.030.79-0.930.9
-0.49-0.45-0.53-0.440.17-0.880.42-0.430.09-0.97-0.13-0.95-0.630.4-0.530.190.77-0.58-0.83-0.35-0.84-0.01-0.88-0.93-0.97
0.490.430.510.45-0.160.91-0.420.4-0.130.930.150.960.64-0.360.52-0.18-0.80.580.80.310.820.010.890.9-0.97
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Apiam Animal Account Relationship Matchups

Apiam Animal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets141.7M157.3M199.2M246.0M255.8M181.6M
Other Current Liab14.5M10.9M14.7M16.9M20.4M14.3M
Total Current Liabilities26.2M24.4M28.8M33.3M33.7M24.5M
Total Stockholder Equity67.4M79.8M108.6M117.9M122.0M94.9M
Other Liab1.3M2.1M4.7M4.8M4.3M4.1M
Retained Earnings9.4M11.6M13.8M15.3M18.5M19.4M
Accounts Payable5.6M6.2M5.7M6.3M6.1M7.6M
Cash2.5M2.2M2.8M3.2M1.8M1.8M
Other Assets3.5M4.1M1.05.9M3.6M0.95
Long Term Debt33.6M34.9M39.2M66.1M64.3M45.7M
Net Receivables12.1M13.5M13.6M14.0M13.4M16.4M
Good Will78.0M86.5M113.3M145.3M150.1M157.6M
Inventory17.7M16.0M17.8M15.5M15.1M12.7M
Other Stockholder Equity(100.5M)(112.6M)(141.0M)(150.2M)(1.0)(1.05)
Total Liab73.2M76.5M90.5M128.1M133.7M86.3M
Long Term Investments140K220K271K274K273K259.4K
Short Long Term Debt3.4M2.8M2.9M2.9M2.6M2.5M
Total Current Assets33.4M33.3M35.9M34.7M32.5M29.0M
Short Term Debt6.1M5.7M6.5M7.9M5.9M5.6M
Intangible Assets84.9M95.3M126.9M163.6M17.5M16.6M
Common Stock91.1M101.0M127.2M134.8M135.8M94.5M
Property Plant Equipment19.8M24.5M31.6M43.8M39.4M37.5M
Deferred Long Term Liab2.1M2.0M1.5M3.3M3.8M4.0M
Short Long Term Debt Total51.1M55.0M63.4M98.0M101.8M52.6M
Net Tangible Assets(14.7M)(13.2M)(16.8M)(42.4M)(38.2M)(36.3M)
Property Plant And Equipment Net19.9M25.0M31.6M43.8M51.0M53.6M
Net Debt48.6M52.9M60.5M94.9M100.0M50.3M
Non Current Assets Total108.3M124.0M163.3M211.3M223.3M126.1M
Non Currrent Assets Other(78.0M)(86.5M)(113.3M)(145.3M)17.5M18.3M
Cash And Short Term Investments2.5M2.2M2.8M3.2M1.8M2.3M
Common Stock Shares Outstanding116.2M124.0M138.1M177.8M182.0M132.7M
Liabilities And Stockholders Equity141.0M157.3M199.2M246.0M255.8M160.4M
Non Current Liabilities Total47.0M52.1M61.7M94.9M100.0M105.0M
Other Current Assets1.1M2.8M1.6M2.1M2.2M1.9M
Property Plant And Equipment Gross19.8M41.5M54.8M72.8M85.4M89.7M
Accumulated Other Comprehensive Income(33.1M)(32.8M)(32.5M)(32.3M)(32.2M)(33.8M)
Current Deferred Revenue54K16K19K1.2M1.8M1.9M
Long Term Debt Total45.0M49.3M56.9M90.1M103.6M108.8M
Capital Lease Obligations14.1M17.3M21.3M29.0M37.5M39.4M

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