AMAT Stock | | | USD 175.75 5.66 3.33% |
Applied Materials financial indicator trend analysis is way more than just evaluating Applied Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Materials is a good investment. Please check the relationship between Applied Materials Current Deferred Revenue and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Applied Stock please use our
How to Invest in Applied Materials guide.
Current Deferred Revenue vs Total Current Assets
Current Deferred Revenue vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Applied Materials Current Deferred Revenue account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Applied Materials' Current Deferred Revenue and Total Current Assets is 0.92. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Applied Materials, assuming nothing else is changed. The correlation between historical values of Applied Materials' Current Deferred Revenue and Total Current 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 Current Deferred Revenue of Applied Materials are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Current Deferred Revenue i.e., Applied Materials' Current Deferred Revenue and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Applied Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Materials 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 Applied Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Applied Stock please use our
How to Invest in Applied Materials guide.
Enterprise Value is likely to gain to about 120.4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 525.3
M in 2024.
Applied Materials fundamental ratios Correlations
Click cells to compare fundamentals
Applied Materials Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Applied Materials fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Applied Stock Analysis
When running Applied Materials' price analysis, check to
measure Applied Materials' 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 Applied Materials is operating at the current time. Most of Applied Materials' value examination focuses on studying past and present price action to
predict the probability of Applied Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Materials' price. Additionally, you may evaluate how the addition of Applied Materials to your portfolios can decrease your overall portfolio volatility.