Amneal Short Long Term Debt vs Accounts Payable Analysis

AMRX Stock  USD 8.38  0.01  0.12%   
Amneal Pharmaceuticals, financial indicator trend analysis is way more than just evaluating Amneal Pharmaceuticals, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amneal Pharmaceuticals, is a good investment. Please check the relationship between Amneal Pharmaceuticals, Short Long Term Debt and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amneal Pharmaceuticals, Class. 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.

Short Long Term Debt vs Accounts Payable

Short Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amneal Pharmaceuticals, Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Amneal Pharmaceuticals,'s Short Long Term Debt and Accounts Payable is 0.08. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Amneal Pharmaceuticals, Class, assuming nothing else is changed. The correlation between historical values of Amneal Pharmaceuticals,'s Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Amneal Pharmaceuticals, Class are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., Amneal Pharmaceuticals,'s Short Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Accounts Payable

An accounting item on the balance sheet that represents Amneal Pharmaceuticals, obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Amneal Pharmaceuticals, are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Amneal Pharmaceuticals,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amneal Pharmaceuticals, 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 Amneal Pharmaceuticals, Class. 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.
At this time, Amneal Pharmaceuticals,'s Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 7.82 in 2024, whereas Selling General Administrative is likely to drop slightly above 281.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit769.0M784.7M820.6M675.9M
Total Revenue2.1B2.2B2.4B1.7B

Amneal Pharmaceuticals, fundamental ratios Correlations

0.420.440.880.880.76-0.950.830.89-0.280.690.710.960.820.610.910.690.840.93-0.780.930.940.650.870.920.94
0.420.450.690.390.43-0.610.650.65-0.50.270.360.60.60.240.650.350.680.67-0.620.660.640.680.690.590.62
0.440.450.660.140.14-0.380.420.43-0.45-0.290.290.370.310.170.420.290.620.64-0.30.490.450.710.650.480.49
0.880.690.660.650.67-0.910.890.94-0.610.450.540.890.870.40.930.530.950.99-0.830.960.930.920.990.880.93
0.880.390.140.650.83-0.850.690.730.10.820.710.90.660.770.790.70.630.74-0.640.80.830.330.680.860.8
0.760.430.140.670.83-0.740.60.7-0.010.680.490.810.690.60.720.480.560.68-0.570.730.740.430.730.820.65
-0.95-0.61-0.38-0.91-0.85-0.74-0.94-0.960.43-0.74-0.71-0.99-0.91-0.54-0.98-0.69-0.91-0.940.9-0.97-0.99-0.71-0.9-0.91-0.98
0.830.650.420.890.690.6-0.940.97-0.580.580.640.910.930.490.980.630.950.91-0.980.940.960.780.890.850.94
0.890.650.430.940.730.7-0.960.97-0.570.620.620.950.970.480.990.610.940.95-0.960.970.980.810.940.890.96
-0.28-0.5-0.45-0.610.1-0.010.43-0.58-0.57-0.02-0.03-0.33-0.580.31-0.5-0.02-0.64-0.520.6-0.49-0.45-0.81-0.57-0.27-0.49
0.690.27-0.290.450.820.68-0.740.580.62-0.020.450.750.610.430.650.440.450.52-0.590.650.670.20.450.610.66
0.710.360.290.540.710.49-0.710.640.62-0.030.450.70.580.690.681.00.550.61-0.620.650.70.30.550.590.66
0.960.60.370.890.90.81-0.990.910.95-0.330.750.70.890.610.970.680.890.94-0.870.970.980.680.90.950.97
0.820.60.310.870.660.69-0.910.930.97-0.580.610.580.890.440.940.560.870.86-0.960.890.920.740.870.830.88
0.610.240.170.40.770.6-0.540.490.480.310.430.690.610.440.530.680.360.5-0.450.510.560.140.450.70.48
0.910.650.420.930.790.72-0.980.980.99-0.50.650.680.970.940.530.660.950.95-0.950.980.990.780.930.910.97
0.690.350.290.530.70.48-0.690.630.61-0.020.441.00.680.560.680.660.540.59-0.60.630.690.280.540.580.64
0.840.680.620.950.630.56-0.910.950.94-0.640.450.550.890.870.360.950.540.96-0.90.950.940.880.940.850.95
0.930.670.640.990.740.68-0.940.910.95-0.520.520.610.940.860.50.950.590.96-0.840.980.960.860.980.930.97
-0.78-0.62-0.3-0.83-0.64-0.570.9-0.98-0.960.6-0.59-0.62-0.87-0.96-0.45-0.95-0.6-0.9-0.84-0.89-0.92-0.73-0.83-0.79-0.88
0.930.660.490.960.80.73-0.970.940.97-0.490.650.650.970.890.510.980.630.950.98-0.890.980.820.960.920.98
0.940.640.450.930.830.74-0.990.960.98-0.450.670.70.980.920.560.990.690.940.96-0.920.980.760.930.930.98
0.650.680.710.920.330.43-0.710.780.81-0.810.20.30.680.740.140.780.280.880.86-0.730.820.760.90.680.77
0.870.690.650.990.680.73-0.90.890.94-0.570.450.550.90.870.450.930.540.940.98-0.830.960.930.90.910.91
0.920.590.480.880.860.82-0.910.850.89-0.270.610.590.950.830.70.910.580.850.93-0.790.920.930.680.910.9
0.940.620.490.930.80.65-0.980.940.96-0.490.660.660.970.880.480.970.640.950.97-0.880.980.980.770.910.9
Click cells to compare fundamentals

Amneal Pharmaceuticals, Account Relationship Matchups

Amneal Pharmaceuticals, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B4.0B3.9B3.8B3.5B3.2B
Common Stock Shares Outstanding132.1M148.9M151.8M150.9M176.1M151.5M
Other Current Liab6.0M459.8M495.8M481.0M473.4M275.1M
Total Current Liabilities550.4M676.9M677.2M752.8M846.6M589.0M
Total Stockholder Equity346.8M344.9M367.0M184.0M19.8M18.8M
Other Liab35.7M87.3M48.5M97.1M111.7M75.0M
Net Tangible Assets(1.6B)(1.5B)(1.4B)(1.4B)(1.2B)(1.3B)
Property Plant And Equipment Net609.2M595.2M639.0M589.4M550.1M579.3M
Net Debt2.6B2.6B2.6B2.8B2.7B2.1B
Retained Earnings(377.9M)(286.8M)(276.2M)(406.2M)(490.2M)(465.7M)
Accounts Payable507.5M154.1M132.9M166.8M145.5M222.6M
Cash151.2M341.4M247.8M26.0M91.5M150.8M
Non Current Assets Total2.5B2.5B2.4B2.4B2.1B2.0B
Non Currrent Assets Other44.3M31.9M20.6M103.2M18.4M19.3M
Other Assets16.5M149.3M473.7M17.6M20.3M19.3M
Long Term Debt2.6B2.7B2.7B2.6B2.4B2.2B
Cash And Short Term Investments151.2M341.4M247.8M26.0M91.5M152.0M
Net Receivables606.2M674.2M662.6M741.8M645.7M594.5M
Good Will419.5M522.8M593.0M598.9M598.6M396.5M
Short Term Investments1.1M1.7M1.2M1.8M2.2M1.9M
Long Term Debt Total2.7B2.7B2.7B2.6B3.0B2.1B
Non Current Liabilities Total2.8B3.0B2.9B2.8B2.6B2.5B
Capital Surpluse607.0M628.4M658.4M691.6M795.4M648.3M
Inventory381.1M490.6M489.4M530.7M581.4M454.1M
Other Current Assets70.2M80.5M120.3M113.3M91.2M85.3M
Other Stockholder Equity721.7M670.1M658.4M691.6M539.2M463.4M
Total Liab3.3B3.7B3.6B3.6B3.5B3.1B
Short Long Term Debt21.5M45.2M30.6M90.0M213.1M223.8M
Total Current Assets1.2B1.6B1.5B1.4B1.4B1.3B
Short Term Debt37.0M57.5M46.0M104.6M227.6M239.0M
Intangible Assets1.4B1.3B1.2B1.1B890.4M933.3M
Common Stock3.0M3.0M3.0M3.0M3.1M3.2M
Property Plant Equipment620.6M477.8M514.2M469.8M540.3M513.5M
Short Long Term Debt Total2.8B2.9B2.9B2.8B2.8B2.9B
Noncontrolling Interest In Consolidated Entity114.8M41.7M6.6M(114.4M)(103.0M)(97.8M)
Common Stock Total Equity3.0M3.0M3.0M3.0M3.5M2.8M
Retained Earnings Total Equity(377.9M)(286.8M)(276.2M)(406.2M)(365.6M)(347.3M)
Liabilities And Stockholders Equity3.7B4.0B3.9B3.8B3.5B3.9B
Capital Lease Obligations135.5M123.9M127.4M123.5M109.9M110.0M

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.

Additional Tools for Amneal Stock Analysis

When running Amneal Pharmaceuticals,'s price analysis, check to measure Amneal Pharmaceuticals,'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 Amneal Pharmaceuticals, is operating at the current time. Most of Amneal Pharmaceuticals,'s value examination focuses on studying past and present price action to predict the probability of Amneal Pharmaceuticals,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amneal Pharmaceuticals,'s price. Additionally, you may evaluate how the addition of Amneal Pharmaceuticals, to your portfolios can decrease your overall portfolio volatility.