Amcor Historical Balance Sheet
AMCR Stock | USD 10.64 0.14 1.33% |
Trend analysis of Amcor PLC balance sheet accounts such as Short Long Term Debt Total of 7.5 B, Other Current Liabilities of 1.7 B or Total Current Liabilities of 2.8 B provides information on Amcor PLC's total assets, liabilities, and equity, which is the actual value of Amcor PLC to its prevalent stockholders. By breaking down trends over time using Amcor PLC balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Amcor PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Amcor PLC is a good buy for the upcoming year.
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About Amcor Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Amcor PLC at a specified time, usually calculated after every quarter, six months, or one year. Amcor PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amcor PLC 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 Amcor currently owns. An asset can also be divided into two categories, current and non-current.
Amcor PLC Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Amcor PLC 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 Amcor PLC 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.Total Current Liabilities
Total Current Liabilities is an item on Amcor PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Amcor PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Amcor PLC's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Amcor PLC current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Amcor PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Amcor Stock, please use our How to Invest in Amcor PLC guide.At this time, Amcor PLC's Other Stockholder Equity is relatively stable compared to the past year. As of 11/29/2024, Total Liabilities is likely to grow to about 13.2 B, while Total Current Liabilities is likely to drop slightly above 2.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 7.0B | 6.7B | 7.2B | 7.5B | Total Assets | 17.4B | 17.0B | 16.5B | 8.9B |
Amcor PLC balance sheet Correlations
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Amcor PLC Account Relationship Matchups
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Amcor PLC balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.4B | 17.2B | 17.4B | 17.0B | 16.5B | 8.9B | |
Short Long Term Debt Total | 6.7B | 6.3B | 7.0B | 6.7B | 7.2B | 7.5B | |
Other Current Liab | 1.6B | 1.6B | 1.9B | 1.6B | 1.6B | 1.7B | |
Total Current Liabilities | 4.0B | 4.3B | 5.1B | 4.5B | 4.3B | 2.8B | |
Total Stockholder Equity | 4.6B | 4.8B | 4.1B | 4.0B | 3.9B | 2.8B | |
Property Plant And Equipment Net | 4.1B | 4.3B | 4.2B | 4.3B | 4.3B | 3.2B | |
Net Debt | 6.0B | 5.4B | 6.2B | 6.1B | 6.6B | 6.9B | |
Retained Earnings | 246.5M | 452M | 534M | 865M | 879M | 598.1M | |
Cash | 742.6M | 850M | 775M | 689M | 588M | 352.8M | |
Non Current Assets Total | 11.9B | 11.9B | 11.6B | 11.7B | 11.6B | 6.0B | |
Non Currrent Assets Other | 220.6M | 236M | 295M | 376M | 345M | 362.3M | |
Cash And Short Term Investments | 742.6M | 850M | 775M | 689M | 588M | 352.8M | |
Net Receivables | 1.6B | 1.9B | 1.9B | 1.9B | 1.8B | 1.2B | |
Good Will | 5.3B | 5.4B | 5.3B | 5.4B | 5.3B | 5.6B | |
Common Stock Total Equity | 16.3M | 15.7M | 15M | 14M | 16.1M | 15.3M | |
Common Stock Shares Outstanding | 1.2B | 1.6B | 1.6B | 1.5B | 1.4B | 1.2B | |
Liabilities And Stockholders Equity | 16.4B | 17.2B | 17.4B | 17.0B | 16.5B | 8.9B | |
Non Current Liabilities Total | 7.8B | 8.0B | 8.2B | 8.4B | 8.3B | 8.7B | |
Inventory | 1.8B | 2.0B | 2.4B | 2.2B | 2.0B | 1.2B | |
Other Current Assets | 344.3M | 561M | 704M | 531M | 500M | 525M | |
Other Stockholder Equity | 5.4B | 5.1B | 4.4B | 4.0B | 4.0B | 4.2B | |
Total Liab | 11.8B | 12.4B | 13.3B | 12.9B | 12.6B | 13.2B | |
Property Plant And Equipment Gross | 3.6B | 4.3B | 7.9B | 8.3B | 8.5B | 9.0B | |
Total Current Assets | 4.5B | 5.3B | 5.9B | 5.3B | 5.0B | 3.0B | |
Accumulated Other Comprehensive Income | (1.0B) | (766M) | (880M) | (862M) | (1.0B) | (969M) | |
Short Term Debt | 206.3M | 199M | 150M | 194M | 96M | 91.2M | |
Common Stock | 16.3M | 15.7M | 15M | 14M | 16.1M | 15.3M | |
Current Deferred Revenue | 3.1B | 2.2B | 2.4B | 2.2B | 11M | 10.5M | |
Accounts Payable | 2.2B | 2.6B | 3.1B | 2.7B | 2.6B | 1.5B | |
Other Assets | 1.7B | 1.5B | 1.6B | 117M | 134.6M | 187.6M | |
Intangible Assets | 2.0B | 1.8B | 1.7B | 1.5B | 1.4B | 784.4M | |
Other Liab | 1.6B | 1.3B | 1.4B | 3.7B | 4.3B | 4.5B | |
Net Tangible Assets | (2.7B) | (2.4B) | (2.8B) | 4.0B | 4.6B | 4.9B | |
Long Term Debt | 6.0B | 6.2B | 6.3B | 6.7B | 6.6B | 5.4B |
Pair Trading with Amcor PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amcor PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amcor PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Amcor Stock
Moving against Amcor Stock
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The ability to find closely correlated positions to Amcor PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amcor PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amcor PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amcor PLC to buy it.
The correlation of Amcor PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amcor PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amcor PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amcor PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Amcor Stock Analysis
When running Amcor PLC's price analysis, check to measure Amcor PLC'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 Amcor PLC is operating at the current time. Most of Amcor PLC's value examination focuses on studying past and present price action to predict the probability of Amcor PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amcor PLC's price. Additionally, you may evaluate how the addition of Amcor PLC to your portfolios can decrease your overall portfolio volatility.