American Interest Income vs Tax Provision Analysis

AMSC Stock  USD 34.06  1.69  5.22%   
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 Interest Income and its Tax Provision 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.

Interest Income vs Tax Provision

Interest Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Superconductor Interest Income account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Superconductor's Interest Income and Tax Provision is 0.54. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Tax Provision 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 Interest Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of American Superconductor are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Interest Income i.e., American Superconductor's Interest Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 Expenses40.4M40.4M46.7M42.3M
Cost Of Revenue94.9M97.5M110.4M66.4M

American Superconductor fundamental ratios Correlations

0.660.910.960.5-0.32-0.460.220.430.880.420.710.220.510.910.680.910.460.420.750.590.640.660.580.60.24
0.660.620.640.39-0.04-0.33-0.380.050.760.070.350.130.320.590.510.430.350.30.540.430.530.540.370.42-0.07
0.910.620.760.49-0.04-0.430.330.180.820.150.820.170.530.990.620.810.430.40.760.710.540.560.530.620.22
0.960.640.760.47-0.48-0.380.090.540.840.550.540.20.380.750.680.870.410.420.670.50.650.670.580.540.15
0.50.390.490.470.350.030.26-0.190.71-0.260.03-0.630.110.470.880.21-0.350.750.180.630.560.540.85-0.13-0.17
-0.32-0.04-0.04-0.480.350.280.2-0.880.0-0.88-0.18-0.57-0.12-0.040.0-0.55-0.30.29-0.330.22-0.05-0.080.2-0.43-0.1
-0.46-0.33-0.43-0.380.030.28-0.22-0.29-0.31-0.34-0.59-0.71-0.91-0.5-0.09-0.49-0.460.36-0.550.21-0.09-0.110.17-0.47-0.68
0.22-0.380.330.090.260.2-0.22-0.040.17-0.090.42-0.050.30.390.120.230.030.150.160.220.090.080.30.060.57
0.430.050.180.54-0.19-0.88-0.29-0.040.080.920.220.40.310.210.110.660.32-0.150.21-0.180.20.23-0.050.260.26
0.880.760.820.840.710.0-0.310.170.080.030.5-0.040.350.80.760.60.330.530.640.680.690.690.710.430.1
0.420.070.150.55-0.26-0.88-0.34-0.090.920.030.250.490.310.180.040.690.33-0.10.24-0.230.180.21-0.090.320.31
0.710.350.820.540.03-0.18-0.590.420.220.50.250.570.60.850.210.760.61-0.060.750.380.170.20.050.740.46
0.220.130.170.2-0.63-0.57-0.71-0.050.4-0.040.490.570.510.22-0.380.40.7-0.680.5-0.36-0.2-0.17-0.590.660.51
0.510.320.530.380.11-0.12-0.910.30.310.350.310.60.510.610.150.540.46-0.230.39-0.10.150.17-0.050.270.68
0.910.590.990.750.47-0.04-0.50.390.210.80.180.850.220.610.580.820.460.360.750.640.530.550.490.610.33
0.680.510.620.680.880.0-0.090.120.110.760.040.21-0.380.150.580.48-0.280.680.490.560.590.60.760.23-0.17
0.910.430.810.870.21-0.55-0.490.230.660.60.690.760.40.540.820.480.480.240.710.40.470.510.350.640.32
0.460.350.430.41-0.35-0.3-0.460.030.320.330.330.610.70.460.46-0.280.48-0.310.370.090.110.12-0.170.470.43
0.420.30.40.420.750.290.360.15-0.150.53-0.1-0.06-0.68-0.230.360.680.24-0.310.120.680.730.710.93-0.09-0.26
0.750.540.760.670.18-0.33-0.550.160.210.640.240.750.50.390.750.490.710.370.120.380.40.430.240.940.22
0.590.430.710.50.630.220.210.22-0.180.68-0.230.38-0.36-0.10.640.560.40.090.680.380.480.480.760.23-0.34
0.640.530.540.650.56-0.05-0.090.090.20.690.180.17-0.20.150.530.590.470.110.730.40.481.00.760.210.11
0.660.540.560.670.54-0.08-0.110.080.230.690.210.2-0.170.170.550.60.510.120.710.430.481.00.750.240.12
0.580.370.530.580.850.20.170.3-0.050.71-0.090.05-0.59-0.050.490.760.35-0.170.930.240.760.760.75-0.03-0.16
0.60.420.620.54-0.13-0.43-0.470.060.260.430.320.740.660.270.610.230.640.47-0.090.940.230.210.24-0.030.24
0.24-0.070.220.15-0.17-0.1-0.680.570.260.10.310.460.510.680.33-0.170.320.43-0.260.22-0.340.110.12-0.160.24
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American Superconductor Account Relationship Matchups

American Superconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.1M168.9M173.9M175.6M232.8M170.6M
Other Current Liab12.0M20.4M16.0M24.5M21.8M20.7M
Total Current Liabilities41.0M40.7M54.0M84.1M78.8M40.3M
Total Stockholder Equity72.2M116.6M109.4M81.8M144.6M124.8M
Property Plant And Equipment Net11.9M12.7M17.2M15.2M13.4M12.7M
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 Payable10.0M5.4M13.2M13.9M4.5M4.3M
Cash24.7M67.8M40.6M23.4M90.5M46.3M
Non Current Assets Total29.8M63.6M79.6M69.4M66.3M70.0M
Cash And Short Term Investments54.8M73.0M40.6M23.4M90.5M59.6M
Net Receivables17.0M13.3M20.3M30.7M26.3M15.6M
Common Stock Shares Outstanding21.1M23.9M27.2M27.8M29.8M31.3M
Liabilities And Stockholders Equity124.1M168.9M173.9M175.6M232.8M170.6M
Other Stockholder Equity1.1B1.1B1.1B1.1B1.2B675.8M
Total Liab51.9M52.3M64.5M93.8M88.2M45.9M
Property Plant And Equipment Gross11.9M12.7M13.7M15.2M61.8M40.9M
Total Current Assets94.3M105.2M94.3M106.2M166.5M100.7M
Accumulated Other Comprehensive Income(216K)(277K)(291K)1.6M1.6M1.7M
Intangible Assets3.6M9.2M11.3M8.5M6.4M4.5M
Non Currrent Assets Other6.0M314K239K528K1.9M1.8M
Inventory19.0M13.3M23.7M37.0M41.9M43.9M
Other Current Assets3.5M5.7M9.8M28.6M7.8M9.7M
Common Stock Total Equity216K229K280K289K332.4K329.6K
Common Stock229K280K289K299K373K332.4K
Current Deferred Revenue18.4M13.3M22.8M43.6M50.7M53.3M
Non Current Liabilities Total10.9M11.5M10.5M9.7M9.4M8.0M
Short Term Debt439K1.2M1.6M1.7M1.5M1.4M
Other Liab9.8M7.9M8.3M7.5M8.7M5.9M
Other Assets7.6M7.1M7.6M1.01.151.09
Property Plant Equipment9.0M8.6M9.0M17.2M15.4M14.7M
Net Tangible Assets76.6M68.7M107.4M54.6M49.1M83.7M
Retained Earnings Total Equity(961.5M)(978.6M)(1.0B)(1.0B)(918.5M)(964.4M)
Capital Surpluse1.0B1.1B1.1B1.1B1.3B1.1B
Treasury Stock(2.1M)(2.7M)(3.6M)(3.6M)(3.3M)(3.1M)

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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.