Amcor Net Invested Capital vs Retained Earnings Analysis

AMCR Stock

USD 10.48 0.01 0.1%

Amcor PLC financial indicator trend analysis is way more than just evaluating Amcor PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amcor PLC is a good investment. Please check the relationship between Amcor PLC Net Invested Capital and its Retained Earnings accounts. 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.

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amcor PLC Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Amcor PLC's Net Invested Capital and Retained Earnings is 0.16. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Amcor PLC, assuming nothing else is changed. The correlation between historical values of Amcor PLC's Net Invested Capital and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Amcor PLC are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., Amcor PLC's Net Invested Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Amcor PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is relatively stable compared to the past year. As of 11/26/2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Selling General Administrative is likely to drop slightly above 797.5 M.

	2021	2023	2024 (projected)
Interest Expense	135M	348M	365.4M
Depreciation And Amortization	580M	587M	616.4M

Interest Expense Depreciation And Amortization

Amcor PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Total Assets		0.8	0.65	0.77	0.87	0.85	0.79	0.42	0.75	0.99	0.61	0.75	0.92	0.84	-0.38	0.87	0.78	0.96	0.76	0.76	0.85	0.57	0.97	-0.33	-0.38	0.76
Short Long Term Debt Total	0.8		0.79	0.6	0.66	0.68	1.0	0.48	0.64	0.8	0.55	0.64	0.74	0.95	-0.54	0.79	0.96	0.77	0.85	0.76	0.99	0.8	0.79	-0.36	-0.54	0.41
Other Current Liab	0.65	0.79		0.14	0.59	0.49	0.79	0.46	0.47	0.65	0.17	0.47	0.46	0.84	-0.66	0.68	0.91	0.6	0.89	0.77	0.77	0.76	0.61	-0.74	-0.66	0.35
Total Current Liabilities	0.77	0.6	0.14		0.56	0.72	0.58	0.28	0.71	0.74	0.63	0.71	0.87	0.51	-0.01	0.68	0.42	0.82	0.37	0.36	0.66	0.32	0.83	0.29	-0.01	0.59
Total Stockholder Equity	0.87	0.66	0.59	0.56		0.79	0.67	0.32	0.42	0.9	0.72	0.42	0.73	0.79	-0.36	0.62	0.67	0.77	0.75	0.87	0.71	0.52	0.75	-0.49	-0.36	0.83
Property Plant And Equipment Net	0.85	0.68	0.49	0.72	0.79		0.68	0.5	0.49	0.83	0.61	0.49	0.9	0.63	0.06	0.79	0.65	0.88	0.54	0.5	0.75	0.61	0.84	-0.17	0.06	0.6
Net Debt	0.79	1.0	0.79	0.58	0.67	0.68		0.49	0.58	0.79	0.57	0.58	0.72	0.95	-0.54	0.76	0.96	0.76	0.85	0.77	0.98	0.82	0.77	-0.38	-0.54	0.4
Retained Earnings	0.42	0.48	0.46	0.28	0.32	0.5	0.49		0.23	0.39	0.41	0.23	0.48	0.43	-0.04	0.43	0.51	0.51	0.45	0.25	0.51	0.76	0.48	-0.2	-0.04	0.0
Cash	0.75	0.64	0.47	0.71	0.42	0.49	0.58	0.23		0.7	0.19	1.0	0.75	0.6	-0.32	0.86	0.59	0.73	0.49	0.44	0.68	0.24	0.82	-0.02	-0.32	0.5
Non Current Assets Total	0.99	0.8	0.65	0.74	0.9	0.83	0.79	0.39	0.7		0.62	0.7	0.88	0.85	-0.42	0.84	0.78	0.93	0.77	0.81	0.84	0.56	0.93	-0.37	-0.42	0.78
Non Currrent Assets Other	0.61	0.55	0.17	0.63	0.72	0.61	0.57	0.41	0.19	0.62		0.19	0.64	0.58	-0.12	0.32	0.45	0.58	0.49	0.57	0.59	0.53	0.55	-0.16	-0.12	0.55
Cash And Short Term Investments	0.75	0.64	0.47	0.71	0.42	0.49	0.58	0.23	1.0	0.7	0.19		0.75	0.6	-0.32	0.86	0.59	0.73	0.49	0.44	0.68	0.24	0.82	-0.02	-0.32	0.5
Net Receivables	0.92	0.74	0.46	0.87	0.73	0.9	0.72	0.48	0.75	0.88	0.64	0.75		0.69	-0.07	0.88	0.69	0.95	0.59	0.52	0.82	0.57	0.96	-0.11	-0.07	0.63
Good Will	0.84	0.95	0.84	0.51	0.79	0.63	0.95	0.43	0.6	0.85	0.58	0.6	0.69		-0.68	0.73	0.96	0.75	0.94	0.92	0.95	0.75	0.77	-0.54	-0.68	0.56
Common Stock Total Equity	-0.38	-0.54	-0.66	-0.01	-0.36	0.06	-0.54	-0.04	-0.32	-0.42	-0.12	-0.32	-0.07	-0.68		-0.21	-0.59	-0.22	-0.74	-0.75	-0.47	-0.36	-0.27	0.59	1.0	-0.26
Common Stock Shares Outstanding	0.87	0.79	0.68	0.68	0.62	0.79	0.76	0.43	0.86	0.84	0.32	0.86	0.88	0.73	-0.21		0.79	0.88	0.62	0.54	0.84	0.53	0.92	-0.24	-0.21	0.54
Non Current Liabilities Total	0.78	0.96	0.91	0.42	0.67	0.65	0.96	0.51	0.59	0.78	0.45	0.59	0.69	0.96	-0.59	0.79		0.74	0.9	0.8	0.95	0.83	0.76	-0.58	-0.59	0.42
Inventory	0.96	0.77	0.6	0.82	0.77	0.88	0.76	0.51	0.73	0.93	0.58	0.73	0.95	0.75	-0.22	0.88	0.74		0.71	0.62	0.84	0.64	0.99	-0.22	-0.22	0.69
Other Current Assets	0.76	0.85	0.89	0.37	0.75	0.54	0.85	0.45	0.49	0.77	0.49	0.49	0.59	0.94	-0.74	0.62	0.9	0.71		0.9	0.85	0.79	0.71	-0.68	-0.74	0.54
Other Stockholder Equity	0.76	0.76	0.77	0.36	0.87	0.5	0.77	0.25	0.44	0.81	0.57	0.44	0.52	0.92	-0.75	0.54	0.8	0.62	0.9		0.76	0.57	0.63	-0.65	-0.75	0.67
Total Liab	0.85	0.99	0.77	0.66	0.71	0.75	0.98	0.51	0.68	0.84	0.59	0.68	0.82	0.95	-0.47	0.84	0.95	0.84	0.85	0.76		0.8	0.85	-0.35	-0.47	0.5
Property Plant And Equipment Gross	0.57	0.8	0.76	0.32	0.52	0.61	0.82	0.76	0.24	0.56	0.53	0.24	0.57	0.75	-0.36	0.53	0.83	0.64	0.79	0.57	0.8		0.59	-0.48	-0.36	0.16
Total Current Assets	0.97	0.79	0.61	0.83	0.75	0.84	0.77	0.48	0.82	0.93	0.55	0.82	0.96	0.77	-0.27	0.92	0.76	0.99	0.71	0.63	0.85	0.59		-0.22	-0.27	0.68
Short Term Debt	-0.33	-0.36	-0.74	0.29	-0.49	-0.17	-0.38	-0.2	-0.02	-0.37	-0.16	-0.02	-0.11	-0.54	0.59	-0.24	-0.58	-0.22	-0.68	-0.65	-0.35	-0.48	-0.22		0.59	-0.3
Common Stock	-0.38	-0.54	-0.66	-0.01	-0.36	0.06	-0.54	-0.04	-0.32	-0.42	-0.12	-0.32	-0.07	-0.68	1.0	-0.21	-0.59	-0.22	-0.74	-0.75	-0.47	-0.36	-0.27	0.59		-0.26
Current Deferred Revenue	0.76	0.41	0.35	0.59	0.83	0.6	0.4	0.0	0.5	0.78	0.55	0.5	0.63	0.56	-0.26	0.54	0.42	0.69	0.54	0.67	0.5	0.16	0.68	-0.3	-0.26

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Amcor PLC Account Relationship Matchups

Amcor PLC fundamental ratios 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	1.5B	1.5B
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	210M	199.5M
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

0.83

AVY

Avery Dennison Corp

Pair Corr

Moving against Amcor Stock

0.87	IP	International Paper	Pair Corr
0.79	DRVN	Driven Brands Holdings	Pair Corr
0.73	KRT	Karat Packaging	Pair Corr
0.73	PKG	Packaging Corp Fiscal Year End 22nd of January 2025	Pair Corr
0.7	SW	Smurfit WestRock plc	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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