Ametek Cash vs Property Plant And Equipment Net Analysis
AME Stock | USD 197.38 1.62 0.83% |
Ametek financial indicator trend analysis is way more than just evaluating Ametek Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ametek Inc is a good investment. Please check the relationship between Ametek Cash and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ametek Inc Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ametek's Cash and Property Plant And Equipment Net is 0.17. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Ametek Inc, assuming nothing else is changed. The correlation between historical values of Ametek's Cash and Property Plant And Equipment Net 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 Ametek Inc are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Ametek's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Ametek Inc, which is listed under current asset account on Ametek Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ametek customers. The amounts must be unrestricted with restricted cash listed in a different Ametek 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.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Ametek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ametek Inc 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 Ametek Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At present, Ametek's Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 21.24, whereas Tax Provision is forecasted to decline to about 236.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.1B | 6.6B | 6.9B | Total Revenue | 5.5B | 6.2B | 6.6B | 6.9B |
Ametek fundamental ratios Correlations
Click cells to compare fundamentals
Ametek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ametek fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.8B | 10.4B | 11.9B | 12.4B | 15.0B | 15.8B | |
Short Long Term Debt Total | 2.8B | 2.4B | 2.5B | 2.4B | 3.4B | 3.5B | |
Other Current Liab | (156.8M) | 304.8M | 396.0M | 388.8M | 441.9M | 464.0M | |
Total Current Liabilities | 1.4B | 1.1B | 1.6B | 1.6B | 2.9B | 3.0B | |
Total Stockholder Equity | 5.1B | 5.9B | 6.9B | 7.5B | 8.7B | 9.2B | |
Property Plant And Equipment Net | 728.6M | 693.8M | 787.1M | 805.9M | 1.1B | 1.2B | |
Net Debt | 2.4B | 1.2B | 2.2B | 2.0B | 3.0B | 3.1B | |
Retained Earnings | 6.4B | 7.1B | 7.9B | 8.9B | 9.9B | 10.4B | |
Cash | 393.0M | 1.2B | 346.8M | 345.4M | 409.8M | 211.8M | |
Non Current Assets Total | 7.8B | 7.8B | 9.8B | 9.9B | 12.2B | 12.8B | |
Non Currrent Assets Other | (815.9M) | (826.1M) | (1.1B) | (1.1B) | (836.7M) | (794.9M) | |
Cash And Short Term Investments | 393.0M | 1.2B | 346.8M | 345.4M | 409.8M | 214.8M | |
Net Receivables | 744.8M | 597.5M | 829.2M | 919.3M | 1.0B | 1.1B | |
Common Stock Shares Outstanding | 229.4M | 231.2M | 232.8M | 231.5M | 231.5M | 199.5M | |
Liabilities And Stockholders Equity | 9.8B | 10.4B | 11.9B | 12.4B | 15.0B | 15.8B | |
Non Current Liabilities Total | 3.3B | 3.3B | 3.5B | 3.4B | 3.4B | 3.6B | |
Inventory | 624.6M | 559.2M | 769.2M | 1.0B | 1.1B | 1.2B | |
Other Current Assets | 263.4M | 153.0M | 183.6M | 219.1M | 269.5M | 282.9M | |
Other Stockholder Equity | (741.6M) | (643.5M) | (560.5M) | (808.7M) | (727.9M) | (691.5M) | |
Total Liab | 4.7B | 4.4B | 5.0B | 5.0B | 6.3B | 6.6B | |
Property Plant And Equipment Gross | 548.9M | 693.8M | 787.1M | 805.9M | 2.2B | 2.3B | |
Total Current Assets | 2.0B | 2.5B | 2.1B | 2.5B | 2.8B | 3.0B | |
Accumulated Other Comprehensive Income | (533.1M) | (504.5M) | (470.4M) | (574.9M) | (484.9M) | (460.7M) | |
Short Term Debt | 497.4M | 177.2M | 362.4M | 272.4M | 1.5B | 1.6B | |
Intangible Assets | 3.0B | 2.9B | 3.7B | 3.7B | 4.2B | 4.4B | |
Accounts Payable | 928.4M | 360.4M | 470.3M | 497.1M | 516.6M | 320.8M | |
Current Deferred Revenue | 156.8M | 194.6M | 298.7M | 357.7M | 375.5M | 394.3M | |
Common Stock Total Equity | 2.7M | 2.7M | 2.7M | 2.7M | 3.1M | 1.8M | |
Common Stock | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 1.8M | |
Other Liab | 889.3M | 1.1B | 1.2B | 1.1B | 1.3B | 1.3B | |
Other Assets | 271.4M | 459.9M | 364.3M | 372.6M | 428.5M | 449.9M | |
Long Term Debt | 2.3B | 2.3B | 2.2B | 2.2B | 1.9B | 1.4B | |
Good Will | 4.0B | 4.2B | 5.2B | 5.4B | 6.4B | 6.8B | |
Treasury Stock | (1.6B) | (1.6B) | (1.6B) | (1.9B) | (1.7B) | (1.6B) | |
Property Plant Equipment | 548.9M | 526.5M | 787.1M | 805.9M | 926.8M | 973.2M | |
Net Tangible Assets | 5.1B | (899.3M) | (2.1B) | (1.2B) | (1.4B) | (1.4B) | |
Retained Earnings Total Equity | 6.4B | 7.1B | 7.9B | 8.9B | 10.2B | 10.7B | |
Long Term Debt Total | 2.3B | 2.3B | 2.2B | 2.2B | 2.5B | 1.9B | |
Capital Surpluse | 832.8M | 921.8M | 1.0B | 1.1B | 1.3B | 670.5M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ametek Inc is a strong investment it is important to analyze Ametek's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ametek's future performance. For an informed investment choice regarding Ametek Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ametek. If investors know Ametek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ametek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.09 | Earnings Share 5.74 | Revenue Per Share 29.894 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0789 |
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ametek's market value can be influenced by many factors that don't directly affect Ametek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.