Ami Net Receivables vs Non Currrent Assets Other Analysis

AMIORG Stock   2,143  44.40  2.12%   
Ami Organics financial indicator trend analysis is way more than just evaluating Ami Organics Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ami Organics Limited is a good investment. Please check the relationship between Ami Organics Net Receivables and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ami Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ami Organics Limited Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ami Organics' Net Receivables and Non Currrent Assets Other is -0.37. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Ami Organics Limited, assuming nothing else is changed. The correlation between historical values of Ami Organics' Net Receivables and Non Currrent Assets Other 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 Receivables of Ami Organics Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Ami Organics' Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Ami Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ami Organics Limited 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 Ami Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
The current year's Issuance Of Capital Stock is expected to grow to about 807.4 M, whereas Selling General Administrative is forecasted to decline to about 46.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense59.8M24.1M59.4M46.5M
Depreciation And Amortization100.8M123.4M160.6M168.6M

Ami Organics fundamental ratios Correlations

0.720.910.970.980.980.630.620.990.860.940.98-0.030.960.910.840.740.680.760.990.90.940.920.860.680.24
0.720.920.860.580.820.570.990.650.40.590.830.480.570.390.340.440.060.990.670.650.510.930.370.99-0.12
0.910.920.960.830.960.580.870.850.640.80.970.320.80.70.60.60.40.940.880.870.790.980.640.9-0.02
0.970.860.960.90.990.70.780.940.790.880.990.110.880.780.750.750.50.890.950.860.840.990.760.830.12
0.980.580.830.90.940.580.460.990.890.950.93-0.150.970.970.890.740.780.630.990.890.970.840.910.530.31
0.980.820.960.990.940.620.730.960.780.921.00.080.910.840.750.680.550.860.970.880.890.970.780.780.2
0.630.570.580.70.580.620.530.650.730.540.61-0.180.580.460.730.670.330.60.610.370.520.690.680.520.09
0.620.990.870.780.460.730.530.530.290.470.740.580.460.260.230.36-0.050.970.560.580.390.870.260.99-0.22
0.990.650.850.940.990.960.650.530.910.950.95-0.150.970.930.890.790.710.690.990.860.930.880.90.60.31
0.860.40.640.790.890.780.730.290.910.820.78-0.340.890.880.990.870.810.460.880.720.850.70.980.350.31
0.940.590.80.880.950.920.540.470.950.820.92-0.260.90.90.80.640.620.640.940.760.910.820.830.530.48
0.980.830.970.990.931.00.610.740.950.780.920.10.910.830.740.680.550.860.970.890.880.970.770.790.19
-0.030.480.320.11-0.150.08-0.180.58-0.15-0.34-0.260.1-0.12-0.24-0.37-0.19-0.250.44-0.060.27-0.140.22-0.310.54-0.7
0.960.570.80.880.970.910.580.460.970.890.90.91-0.120.940.880.770.790.620.980.870.90.820.90.540.25
0.910.390.70.780.970.840.460.260.930.880.90.83-0.240.940.90.680.890.450.930.850.970.690.920.340.35
0.840.340.60.750.890.750.730.230.890.990.80.74-0.370.880.90.820.860.40.870.710.870.650.990.290.29
0.740.440.60.750.740.680.670.360.790.870.640.68-0.190.770.680.820.620.450.770.680.650.660.80.45-0.02
0.680.060.40.50.780.550.33-0.050.710.810.620.55-0.250.790.890.860.620.120.730.730.810.390.870.030.17
0.760.990.940.890.630.860.60.970.690.460.640.860.440.620.450.40.450.120.710.680.570.950.430.97-0.05
0.990.670.880.950.990.970.610.560.990.880.940.97-0.060.980.930.870.770.730.710.910.940.890.880.630.23
0.90.650.870.860.890.880.370.580.860.720.760.890.270.870.850.710.680.730.680.910.880.820.750.65-0.06
0.940.510.790.840.970.890.520.390.930.850.910.88-0.140.90.970.870.650.810.570.940.880.770.890.460.29
0.920.930.980.990.840.970.690.870.880.70.820.970.220.820.690.650.660.390.950.890.820.770.670.90.07
0.860.370.640.760.910.780.680.260.90.980.830.77-0.310.90.920.990.80.870.430.880.750.890.670.330.28
0.680.990.90.830.530.780.520.990.60.350.530.790.540.540.340.290.450.030.970.630.650.460.90.33-0.23
0.24-0.12-0.020.120.310.20.09-0.220.310.310.480.19-0.70.250.350.29-0.020.17-0.050.23-0.060.290.070.28-0.23
Click cells to compare fundamentals

Ami Organics Account Relationship Matchups

Ami Organics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B4.1B6.6B7.7B11.0B11.5B
Short Long Term Debt Total594.2M1.4B8.4M36.0M2.2B2.3B
Other Current Liab35.7M156.9M105.1M64.3M475.6M499.3M
Total Current Liabilities946.2M1.7B1.3B1.6B2.9B3.0B
Total Stockholder Equity1.1B1.7B5.2B5.9B6.7B7.1B
Property Plant And Equipment Net738.9M1.6B1.8B2.5B4.9B5.1B
Current Deferred Revenue36.5M176.1M60.2M113.9M131.0M74.4M
Net Debt556.0M1.3B(94.5M)(269.3M)1.9B2.0B
Retained Earnings982.8M1.3B2.0B2.8B3.1B3.2B
Accounts Payable514.5M847.8M1.2B1.4B1.3B873.0M
Cash38.2M26.9M103.0M305.3M297.0M311.9M
Non Current Assets Total1.1B2.0B2.3B3.0B6.0B6.3B
Non Currrent Assets Other59.3M62.0M66.6M(2.9B)683.4M717.6M
Other Assets(10K)107.1M78.6M195.2M224.5M235.7M
Cash And Short Term Investments38.2M26.9M615.5M586.7M533.1M559.8M
Net Receivables566.8M1.3B2.1B2.3B2.1B1.3B
Short Term Investments34.3M3.2M512.5M281.4M236.1M132.2M
Liabilities And Stockholders Equity2.3B4.1B6.6B7.7B11.0B11.5B
Non Current Liabilities Total254.6M802.9M72.9M101.3M1.3B1.3B
Inventory523.4M603.6M1.1B1.2B1.6B1.6B
Other Current Assets648.7M184.2M2.6B665.3M2.9B3.0B
Other Stockholder Equity(1.1B)8.3M2.8B2.7B3.3B3.4B
Total Liab1.2B2.5B1.4B1.7B4.1B4.3B
Total Current Assets1.2B2.2B4.3B4.7B5.0B2.5B
Accumulated Other Comprehensive Income38.3M49.8M62.7M91.2M43.1M34.4M
Short Term Debt382.6M639.9M2.6M(85.2M)1.0B1.1B
Intangible Assets79.3M77.8M81.3M211.4M103.1M125.2M
Other Liab32.7M55.6M76.5M67.0M77.1M53.2M
Net Tangible Assets611.1M888.1M1.4B5.0B5.7B6.0B
Deferred Long Term Liab36.5M59.2M62.0M66.6M76.6M53.3M
Property Plant Equipment596.3M738.9M1.6B1.8B2.1B1.1B
Long Term Debt199.0M726.4M5.9M6.3M1.1B1.2B
Good Will150.8M179.3M186.0M203.2M568.0M596.4M
Net Invested Capital1.7B3.0B5.2B6.0B8.9B4.8B
Short Long Term Debt395.2M639.9M2.6M29.7M1.0B1.1B
Net Working Capital264.2M501.9M3.0B3.1B2.1B1.7B

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Other Information on Investing in Ami Stock

Balance Sheet is a snapshot of the financial position of Ami Organics Limited at a specified time, usually calculated after every quarter, six months, or one year. Ami Organics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ami Organics 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 Ami currently owns. An asset can also be divided into two categories, current and non-current.