American Other Current Liab vs Common Stock Shares Outstanding Analysis

AMS Stock  USD 3.22  0.03  0.92%   
American Shared financial indicator trend analysis is way more than just evaluating American Shared Hospital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Shared Hospital is a good investment. Please check the relationship between American Shared Other Current Liab and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Shared Hospital. 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.

Other Current Liab vs Common Stock Shares Outstanding

Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Shared Hospital Other Current Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American Shared's Other Current Liab and Common Stock Shares Outstanding is -0.15. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of American Shared Hospital, assuming nothing else is changed. The correlation between historical values of American Shared's Other Current Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of American Shared Hospital are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., American Shared's Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from American Shared's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Shared Hospital 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 American Shared Hospital. 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 this time, American Shared's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense739K806K1.1M1.1M
Depreciation And Amortization5.3M5.1M5.2M6.6M

American Shared fundamental ratios Correlations

0.89-0.250.620.540.930.770.76-0.260.95-0.03-0.260.390.240.870.29-0.320.930.360.270.620.38-0.76-0.750.79-0.67
0.89-0.120.530.160.810.890.58-0.370.870.24-0.370.02-0.20.970.3-0.450.990.130.160.640.51-0.41-0.410.87-0.85
-0.25-0.12-0.35-0.54-0.48-0.32-0.320.47-0.380.250.470.01-0.15-0.050.35-0.21-0.130.090.34-0.57-0.180.210.18-0.45-0.1
0.620.53-0.350.280.550.470.35-0.170.590.15-0.170.120.180.340.01-0.030.550.030.140.890.45-0.5-0.420.5-0.2
0.540.16-0.540.280.620.30.7-0.270.55-0.6-0.270.760.720.19-0.070.130.240.440.110.23-0.06-0.73-0.690.35-0.02
0.930.81-0.480.550.620.820.81-0.510.98-0.17-0.510.380.180.780.15-0.260.840.12-0.030.670.28-0.66-0.630.86-0.64
0.770.89-0.320.470.30.820.62-0.730.850.07-0.730.03-0.240.850.08-0.450.87-0.06-0.080.670.51-0.27-0.230.97-0.84
0.760.58-0.320.350.70.810.62-0.440.78-0.58-0.440.670.210.580.15-0.210.60.130.060.450.17-0.52-0.490.59-0.44
-0.26-0.370.47-0.17-0.27-0.51-0.73-0.44-0.480.251.0-0.040.33-0.320.080.17-0.330.510.51-0.47-0.19-0.13-0.22-0.710.51
0.950.87-0.380.590.550.980.850.78-0.48-0.09-0.480.340.110.840.14-0.260.890.13-0.030.680.28-0.64-0.60.87-0.71
-0.030.240.250.15-0.6-0.170.07-0.580.25-0.090.25-0.7-0.350.210.1-0.160.220.060.160.070.270.140.120.1-0.18
-0.26-0.370.47-0.17-0.27-0.51-0.73-0.441.0-0.480.25-0.040.33-0.320.080.17-0.330.510.51-0.47-0.19-0.13-0.22-0.710.51
0.390.020.010.120.760.380.030.67-0.040.34-0.7-0.040.660.060.20.090.080.320.22-0.04-0.27-0.6-0.560.00.02
0.24-0.2-0.150.180.720.18-0.240.210.330.11-0.350.330.66-0.150.050.17-0.090.660.46-0.12-0.19-0.79-0.78-0.160.33
0.870.97-0.050.340.190.780.850.58-0.320.840.21-0.320.06-0.150.35-0.470.970.250.220.450.42-0.43-0.450.84-0.88
0.290.30.350.01-0.070.150.080.150.080.140.10.080.20.050.350.130.310.170.47-0.07-0.16-0.19-0.220.13-0.33
-0.32-0.45-0.21-0.030.13-0.26-0.45-0.210.17-0.26-0.160.170.090.17-0.470.13-0.42-0.05-0.24-0.09-0.680.070.11-0.330.48
0.930.99-0.130.550.240.840.870.6-0.330.890.22-0.330.08-0.090.970.31-0.420.220.220.630.49-0.5-0.50.87-0.83
0.360.130.090.030.440.12-0.060.130.510.130.060.510.320.660.250.17-0.050.220.77-0.240.09-0.64-0.72-0.010.08
0.270.160.340.140.11-0.03-0.080.060.51-0.030.160.510.220.460.220.47-0.240.220.77-0.140.36-0.44-0.52-0.090.02
0.620.64-0.570.890.230.670.670.45-0.470.680.07-0.47-0.04-0.120.45-0.07-0.090.63-0.24-0.140.53-0.29-0.220.69-0.36
0.380.51-0.180.45-0.060.280.510.17-0.190.280.27-0.19-0.27-0.190.42-0.16-0.680.490.090.360.53-0.09-0.120.44-0.32
-0.76-0.410.21-0.5-0.73-0.66-0.27-0.52-0.13-0.640.14-0.13-0.6-0.79-0.43-0.190.07-0.5-0.64-0.44-0.29-0.090.99-0.340.2
-0.75-0.410.18-0.42-0.69-0.63-0.23-0.49-0.22-0.60.12-0.22-0.56-0.78-0.45-0.220.11-0.5-0.72-0.52-0.22-0.120.99-0.310.18
0.790.87-0.450.50.350.860.970.59-0.710.870.1-0.710.0-0.160.840.13-0.330.87-0.01-0.090.690.44-0.34-0.31-0.79
-0.67-0.85-0.1-0.2-0.02-0.64-0.84-0.440.51-0.71-0.180.510.020.33-0.88-0.330.48-0.830.080.02-0.36-0.320.20.18-0.79
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American Shared Account Relationship Matchups

American Shared fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.8M43.7M45.4M44.0M48.2M56.0M
Short Long Term Debt Total16.9M14.4M16.1M14.3M15.7M24.7M
Other Current Liab(284.3M)3.9M4.0M3.1M4.6M4.8M
Total Current Liabilities8.2M12.4M5.9M5.2M10.8M10.8M
Total Stockholder Equity31.8M19.3M24.2M21.6M22.6M14.6M
Property Plant And Equipment Net42.6M31.3M28.9M23.8M25.9M37.6M
Net Debt15.2M10.4M7.9M1.9M1.9M1.8M
Retained Earnings8.6M1.5M1.7M3.0M3.6M3.8M
Cash1.8M4.0M8.3M12.5M13.7M14.4M
Non Current Assets Total43.0M32.8M30.3M25.2M27.7M41.5M
Non Currrent Assets Other(2.5B)137K73K(821.9M)443K465.2K
Cash And Short Term Investments1.8M4.0M8.3M12.5M13.7M14.4M
Net Receivables7.1M4.6M4.8M4.1M4.8M4.1M
Common Stock Shares Outstanding5.9M6.2M6.1M6.3M6.4M4.9M
Liabilities And Stockholders Equity53.8M43.7M45.4M44.0M48.2M56.0M
Non Current Liabilities Total13.8M7.6M15.3M17.2M11.8M18.5M
Other Current Assets1.9M2.3M2M2.1M1.9M2.0M
Other Stockholder Equity12.5M7.0M7.4M7.8M8.2M8.6M
Total Liab22.0M20.0M21.2M22.3M21.9M29.2M
Property Plant And Equipment Gross41.5M30.4M74.6M74.6M81.3M41.9M
Total Current Assets10.7M10.9M15.1M18.7M20.5M10.6M
Short Term Debt6.0M7.4M1.5M1.6M4.6M7.6M
Accounts Payable557K683K318K230K315K299.3K
Current Deferred Revenue286M210M140M70K(1.2M)(1.2M)
Other Assets4.7M1.0M30.3M87K100.1K95.0K
Long Term Debt2.0M3.4M14.3M12.2M11.0M12.4M
Property Plant Equipment41.5M19K28.9M23.8M27.4M42.5M
Net Tangible Assets27.1M21.7M24.2M21.6M24.9M24.4M
Noncontrolling Interest In Consolidated Entity6.0M5.9M5.8M4.4M5.0M5.7M
Retained Earnings Total Equity6.9M7.9M8.6M1.5M1.3M1.3M
Long Term Debt Total10.1M3.4M14.3M12.2M11.0M15.4M
Capital Surpluse6.7M7.0M7.4M7.8M9.0M6.8M
Capital Lease Obligations8.2M9.8M728K351K57K54.2K

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