Amplitude Price To Sales Ratio vs Payables Turnover Analysis
| AMPL Stock | USD 10.81 0.07 0.65% |
Amplitude financial indicator trend analysis is way more than just evaluating Amplitude prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amplitude is a good investment. Please check the relationship between Amplitude Price To Sales Ratio and its Payables Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplitude. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Amplitude Stock please use our How to buy in Amplitude Stock guide.
Price To Sales Ratio vs Payables Turnover
Price To Sales Ratio vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amplitude Price To Sales Ratio account and Payables Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Amplitude's Price To Sales Ratio and Payables Turnover is -0.61. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Amplitude, assuming nothing else is changed. The correlation between historical values of Amplitude's Price To Sales Ratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Amplitude are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Price To Sales Ratio i.e., Amplitude's Price To Sales Ratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.61 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Amplitude stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Amplitude sales, a figure that is much harder to manipulate than other Amplitude multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from Amplitude's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amplitude 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 Amplitude. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Amplitude Stock please use our How to buy in Amplitude Stock guide.The value of Tax Provision is estimated to slide to about 1 M. The value of Selling General Administrative is expected to slide to about 43.2 M
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.1M | 8.4M | 5.6M | 4.3M | Tax Provision | 1.0M | 796K | 1.3M | 1.0M |
Amplitude fundamental ratios Correlations
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Amplitude Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Application Software 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 Amplitude. If investors know Amplitude 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 Amplitude listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share 2.402 | Quarterly Revenue Growth 0.065 | Return On Assets (0.13) | Return On Equity (0.28) |
The market value of Amplitude is measured differently than its book value, which is the value of Amplitude that is recorded on the company's balance sheet. Investors also form their own opinion of Amplitude's value that differs from its market value or its book value, called intrinsic value, which is Amplitude'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 Amplitude's market value can be influenced by many factors that don't directly affect Amplitude'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 Amplitude's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplitude is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplitude'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.