Amesite Change To Inventory vs Capital Expenditures Analysis

AMST Stock

USD 2.42 0.06 2.54%

Amesite Operating financial indicator trend analysis is way more than just evaluating Amesite Operating prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amesite Operating is a good investment. Please check the relationship between Amesite Operating Change To Inventory and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amesite Operating Co. 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.

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amesite Operating Change To Inventory account and Capital Expenditures. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Amesite Operating's Change To Inventory and Capital Expenditures is 0.11. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Amesite Operating Co, assuming nothing else is changed. The correlation between historical values of Amesite Operating's Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Amesite Operating Co are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Amesite Operating's Change To Inventory and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Capital Expenditures

Capital Expenditures are funds used by Amesite Operating to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Amesite Operating operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Amesite Operating's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amesite Operating 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 Amesite Operating Co. 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.

Selling General Administrative is likely to gain to about 3.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	875.6K	682.5K	533.7K	646.3K
Interest Income	9.2K	72.8K	176.5K	185.3K

Depreciation And Amortization Interest Income

Amesite Operating fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Other Current Liab	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Net Working Capital	Intangible Assets
Total Current Liabilities		-0.13	-0.22	0.41	-0.1	0.84	0.26	0.09	0.17	-0.88	0.36	0.21	0.18	-0.81	-0.17	0.34	0.39	0.34	0.12	0.5	0.26	1.0	0.18	-0.23	0.16	0.47
Net Tangible Assets	-0.13		-0.52	0.06	-0.17	0.35	0.61	0.79	0.19	0.45	0.73	0.35	0.8	0.3	-0.81	0.74	0.13	0.74	0.5	0.15	0.47	-0.15	0.8	0.48	0.81	0.11
Retained Earnings	-0.22	-0.52		-0.43	0.63	-0.48	-0.96	-0.16	0.35	-0.02	-0.52	-0.78	-0.51	0.37	0.56	-0.53	0.41	-0.53	-0.96	0.27	-0.65	-0.19	-0.51	-0.85	-0.55	0.38
Accounts Payable	0.41	0.06	-0.43		-0.09	0.45	0.52	0.14	0.24	-0.34	0.57	0.2	0.52	-0.18	-0.53	0.56	0.29	0.56	0.29	0.34	0.39	0.37	0.52	0.14	0.52	0.31
Other Assets	-0.1	-0.17	0.63	-0.09		-0.26	-0.41	0.35	0.61	-0.13	0.09	-0.92	0.12	0.53	-0.06	0.09	0.55	0.09	-0.54	0.54	-0.3	-0.1	0.12	-0.45	0.08	0.51
Net Receivables	0.84	0.35	-0.48	0.45	-0.26		0.53	0.4	0.08	-0.55	0.66	0.42	0.52	-0.61	-0.54	0.65	0.38	0.65	0.38	0.41	0.29	0.83	0.52	0.01	0.52	0.44
Other Stockholder Equity	0.26	0.61	-0.96	0.52	-0.41	0.53		0.35	-0.16	-0.01	0.7	0.63	0.69	-0.25	-0.72	0.71	-0.23	0.71	0.94	-0.08	0.67	0.22	0.69	0.82	0.72	-0.21
Total Current Assets	0.09	0.79	-0.16	0.14	0.35	0.4	0.35		0.61	0.06	0.85	-0.18	0.88	0.39	-0.86	0.85	0.63	0.85	0.11	0.62	0.32	0.07	0.88	0.05	0.86	0.61
Common Stock	0.17	0.19	0.35	0.24	0.61	0.08	-0.16	0.61		-0.19	0.46	-0.48	0.45	0.33	-0.4	0.43	0.83	0.43	-0.47	0.93	0.34	0.17	0.45	-0.44	0.4	0.82
Property Plant Equipment	-0.88	0.45	-0.02	-0.34	-0.13	-0.55	-0.01	0.06	-0.19		-0.16	0.13	0.01	0.69	-0.03	-0.14	-0.4	-0.14	0.1	-0.47	-0.07	-0.88	0.01	0.37	0.04	-0.47
Total Assets	0.36	0.73	-0.52	0.57	0.09	0.66	0.7	0.85	0.46	-0.16		0.13	0.98	0.06	-0.98	1.0	0.52	1.0	0.43	0.56	0.53	0.33	0.98	0.27	0.98	0.52
Other Current Liab	0.21	0.35	-0.78	0.2	-0.92	0.42	0.63	-0.18	-0.48	0.13	0.13		0.09	-0.55	-0.15	0.12	-0.51	0.12	0.71	-0.4	0.51	0.21	0.09	0.59	0.13	-0.47
Total Stockholder Equity	0.18	0.8	-0.51	0.52	0.12	0.52	0.69	0.88	0.45	0.01	0.98	0.09		0.24	-1.0	0.98	0.46	0.98	0.44	0.49	0.51	0.14	1.0	0.34	1.0	0.44
Property Plant And Equipment Net	-0.81	0.3	0.37	-0.18	0.53	-0.61	-0.25	0.39	0.33	0.69	0.06	-0.55	0.24		-0.21	0.08	0.17	0.08	-0.3	0.05	-0.22	-0.82	0.24	-0.02	0.23	0.09
Net Debt	-0.17	-0.81	0.56	-0.53	-0.06	-0.54	-0.72	-0.86	-0.4	-0.03	-0.98	-0.15	-1.0	-0.21		-0.98	-0.41	-0.98	-0.48	-0.44	-0.52	-0.14	-1.0	-0.38	-1.0	-0.4
Cash	0.34	0.74	-0.53	0.56	0.09	0.65	0.71	0.85	0.43	-0.14	1.0	0.12	0.98	0.08	-0.98		0.49	1.0	0.45	0.53	0.51	0.31	0.98	0.29	0.98	0.49
Non Current Assets Total	0.39	0.13	0.41	0.29	0.55	0.38	-0.23	0.63	0.83	-0.4	0.52	-0.51	0.46	0.17	-0.41	0.49		0.49	-0.53	0.93	-0.01	0.39	0.46	-0.67	0.41	1.0
Cash And Short Term Investments	0.34	0.74	-0.53	0.56	0.09	0.65	0.71	0.85	0.43	-0.14	1.0	0.12	0.98	0.08	-0.98	1.0	0.49		0.45	0.53	0.51	0.31	0.98	0.29	0.98	0.49
Common Stock Shares Outstanding	0.12	0.5	-0.96	0.29	-0.54	0.38	0.94	0.11	-0.47	0.1	0.43	0.71	0.44	-0.3	-0.48	0.45	-0.53	0.45		-0.4	0.53	0.09	0.44	0.92	0.48	-0.51
Non Current Liabilities Total	0.5	0.15	0.27	0.34	0.54	0.41	-0.08	0.62	0.93	-0.47	0.56	-0.4	0.49	0.05	-0.44	0.53	0.93	0.53	-0.4		0.28	0.5	0.49	-0.53	0.44	0.94
Other Current Assets	0.26	0.47	-0.65	0.39	-0.3	0.29	0.67	0.32	0.34	-0.07	0.53	0.51	0.51	-0.22	-0.52	0.51	-0.01	0.51	0.53	0.28		0.24	0.51	0.53	0.52	0.01
Total Liab	1.0	-0.15	-0.19	0.37	-0.1	0.83	0.22	0.07	0.17	-0.88	0.33	0.21	0.14	-0.82	-0.14	0.31	0.39	0.31	0.09	0.5	0.24		0.14	-0.26	0.12	0.47
Net Invested Capital	0.18	0.8	-0.51	0.52	0.12	0.52	0.69	0.88	0.45	0.01	0.98	0.09	1.0	0.24	-1.0	0.98	0.46	0.98	0.44	0.49	0.51	0.14		0.34	1.0	0.44
Property Plant And Equipment Gross	-0.23	0.48	-0.85	0.14	-0.45	0.01	0.82	0.05	-0.44	0.37	0.27	0.59	0.34	-0.02	-0.38	0.29	-0.67	0.29	0.92	-0.53	0.53	-0.26	0.34		0.39	-0.68
Net Working Capital	0.16	0.81	-0.55	0.52	0.08	0.52	0.72	0.86	0.4	0.04	0.98	0.13	1.0	0.23	-1.0	0.98	0.41	0.98	0.48	0.44	0.52	0.12	1.0	0.39		0.39
Intangible Assets	0.47	0.11	0.38	0.31	0.51	0.44	-0.21	0.61	0.82	-0.47	0.52	-0.47	0.44	0.09	-0.4	0.49	1.0	0.49	-0.51	0.94	0.01	0.47	0.44	-0.68	0.39

Click cells to compare fundamentals

Amesite Operating Account Relationship Matchups

Amesite Operating fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	2.7M	741.7K	748.1K	265.3K	798.5K	667.7K
Net Tangible Assets	1.7M	10.4M	7.1M	5.3M	6.1M	5.4M
Retained Earnings	(8.6M)	(20.2M)	(29.3M)	(33.4M)	(37.8M)	(35.9M)
Accounts Payable	112.1K	139.8K	122.3K	70.1K	48.9K	80.7K
Net Receivables	61.1K	51.1K	14.5K	15K	30.1K	27.8K
Other Stockholder Equity	11.6M	32.0M	37.4M	39.5M	40.3M	26.3M
Total Current Assets	4.4M	11.1M	7.7M	5.5M	2.6M	2.5M
Common Stock	1.6K	2.1K	2.6K	255.0	229.5	218.02
Property Plant Equipment	45.3K	100.6K	87.2K	89.0K	102.3K	93.0K
Total Assets	5.7M	12.5M	8.9M	6.3M	3.3M	3.1M
Other Current Liab	187.1K	268.8K	283.2K	141.3K	749.6K	787.0K
Total Stockholder Equity	3.0M	11.7M	8.1M	6.1M	2.5M	2.4M
Property Plant And Equipment Net	45.3K	100.6K	87.2K	89.0K	64.8K	63.5K
Net Debt	(2.1M)	(10.7M)	(7.2M)	(5.4M)	(2.1M)	(2.2M)
Cash	4.1M	10.7M	7.2M	5.4M	2.1M	2.0M
Non Current Assets Total	1.3M	1.4M	1.2M	867.4K	709.6K	870.8K
Cash And Short Term Investments	4.1M	10.7M	7.2M	5.4M	2.1M	2.0M
Common Stock Shares Outstanding	1.4M	1.7M	1.9M	2.5M	2.5M	2.1M
Liabilities And Stockholders Equity	5.7M	12.5M	8.9M	6.3M	3.3M	3.1M
Other Current Assets	227.3K	299.4K	1.1M	106.7K	503.5K	432.6K
Total Liab	2.7M	741.7K	748.1K	265.3K	798.5K	745.3K
Net Invested Capital	3.0M	11.7M	8.1M	6.1M	2.5M	2.4M
Property Plant And Equipment Gross	45.3K	100.6K	154.1K	181.2K	182.3K	138.1K
Capital Stock	1.6K	2.1K	2.6K	255.0	229.5	218.02
Net Working Capital	1.7M	10.3M	7.0M	5.2M	1.8M	1.7M
Intangible Assets	1.3M	1.3M	1.1M	778.4K	644.8K	807.2K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Amesite Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC