American Accounts Payable vs Net Tangible Assets Analysis
AMSC Stock | USD 32.37 1.31 3.89% |
American Superconductor financial indicator trend analysis is way more than just evaluating American Superconductor prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Superconductor is a good investment. Please check the relationship between American Superconductor Accounts Payable and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Superconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade American Stock refer to our How to Trade American Stock guide.
Accounts Payable vs Net Tangible Assets
Accounts Payable vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Superconductor Accounts Payable account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Superconductor's Accounts Payable and Net Tangible Assets is -0.23. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of American Superconductor, assuming nothing else is changed. The correlation between historical values of American Superconductor's Accounts Payable and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of American Superconductor are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accounts Payable i.e., American Superconductor's Accounts Payable and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents American Superconductor 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 American Superconductor 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.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from American Superconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Superconductor 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 Superconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade American Stock refer to our How to Trade American Stock guide.At present, American Superconductor's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 183.6 M, whereas Selling General Administrative is forecasted to decline to about 24.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 40.4M | 40.4M | 46.7M | 42.3M | Cost Of Revenue | 94.9M | 97.5M | 110.4M | 66.4M |
American Superconductor fundamental ratios Correlations
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American Superconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Superconductor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 124.1M | 168.9M | 173.9M | 175.6M | 232.8M | 170.6M | |
Other Current Liab | 12.0M | 20.4M | 16.0M | 24.5M | 21.8M | 20.7M | |
Total Current Liabilities | 41.0M | 40.7M | 54.0M | 84.1M | 78.8M | 40.3M | |
Total Stockholder Equity | 72.2M | 116.6M | 109.4M | 81.8M | 144.6M | 124.8M | |
Property Plant And Equipment Net | 11.9M | 12.7M | 17.2M | 15.2M | 13.4M | 12.7M | |
Net Debt | (21.3M) | (64.0M) | (36.8M) | (20.3M) | (87.8M) | (83.4M) | |
Retained Earnings | (978.6M) | (1.0B) | (1.0B) | (1.1B) | (1.1B) | (1.0B) | |
Accounts Payable | 10.0M | 5.4M | 13.2M | 13.9M | 4.5M | 4.3M | |
Cash | 24.7M | 67.8M | 40.6M | 23.4M | 90.5M | 46.3M | |
Non Current Assets Total | 29.8M | 63.6M | 79.6M | 69.4M | 66.3M | 70.0M | |
Cash And Short Term Investments | 54.8M | 73.0M | 40.6M | 23.4M | 90.5M | 59.6M | |
Net Receivables | 17.0M | 13.3M | 20.3M | 30.7M | 26.3M | 15.6M | |
Common Stock Shares Outstanding | 21.1M | 23.9M | 27.2M | 27.8M | 29.8M | 31.3M | |
Liabilities And Stockholders Equity | 124.1M | 168.9M | 173.9M | 175.6M | 232.8M | 170.6M | |
Other Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 675.8M | |
Total Liab | 51.9M | 52.3M | 64.5M | 93.8M | 88.2M | 45.9M | |
Property Plant And Equipment Gross | 11.9M | 12.7M | 13.7M | 15.2M | 61.8M | 40.9M | |
Total Current Assets | 94.3M | 105.2M | 94.3M | 106.2M | 166.5M | 100.7M | |
Accumulated Other Comprehensive Income | (216K) | (277K) | (291K) | 1.6M | 1.6M | 1.7M | |
Intangible Assets | 3.6M | 9.2M | 11.3M | 8.5M | 6.4M | 4.5M | |
Non Currrent Assets Other | 6.0M | 314K | 239K | 528K | 1.9M | 1.8M | |
Inventory | 19.0M | 13.3M | 23.7M | 37.0M | 41.9M | 43.9M | |
Other Current Assets | 3.5M | 5.7M | 9.8M | 28.6M | 7.8M | 9.7M | |
Common Stock Total Equity | 216K | 229K | 280K | 289K | 332.4K | 329.6K | |
Common Stock | 229K | 280K | 289K | 299K | 373K | 332.4K | |
Current Deferred Revenue | 18.4M | 13.3M | 22.8M | 43.6M | 50.7M | 53.3M | |
Non Current Liabilities Total | 10.9M | 11.5M | 10.5M | 9.7M | 9.4M | 8.0M | |
Short Term Debt | 439K | 1.2M | 1.6M | 1.7M | 1.5M | 1.4M | |
Other Liab | 9.8M | 7.9M | 8.3M | 7.5M | 8.7M | 5.9M | |
Other Assets | 7.6M | 7.1M | 7.6M | 1.0 | 1.15 | 1.09 | |
Property Plant Equipment | 9.0M | 8.6M | 9.0M | 17.2M | 15.4M | 14.7M | |
Net Tangible Assets | 76.6M | 68.7M | 107.4M | 54.6M | 49.1M | 83.7M | |
Retained Earnings Total Equity | (961.5M) | (978.6M) | (1.0B) | (1.0B) | (918.5M) | (964.4M) | |
Capital Surpluse | 1.0B | 1.1B | 1.1B | 1.1B | 1.3B | 1.1B | |
Treasury Stock | (2.1M) | (2.7M) | (3.6M) | (3.6M) | (3.3M) | (3.1M) |
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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 American Superconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Superconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Superconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Superconductor Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Superconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade American Stock refer to our How to Trade American Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 American Superconductor. If investors know American 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 American Superconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Revenue Per Share 5.225 | Quarterly Revenue Growth 0.602 | Return On Assets 0.0082 | Return On Equity (0.01) |
The market value of American Superconductor is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Superconductor's value that differs from its market value or its book value, called intrinsic value, which is American Superconductor'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 American Superconductor's market value can be influenced by many factors that don't directly affect American Superconductor'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 American Superconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Superconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Superconductor'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.