Amesite Total Current Liabilities vs Total Assets 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 Total Current Liabilities and its Total Assets 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.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amesite Operating Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Amesite Operating's Total Current Liabilities and Total Assets is 0.36. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets 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 Total Current Liabilities and Total 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 Total Current Liabilities of Amesite Operating Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Amesite Operating's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Amesite Operating balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Amesite Operating Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of Amesite Operating assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amesite Operating books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Amortization875.6K682.5K533.7K646.3K
Interest Income9.2K72.8K176.5K185.3K

Amesite Operating fundamental ratios Correlations

-0.13-0.220.41-0.10.840.260.090.17-0.880.360.210.18-0.81-0.170.340.390.340.120.50.261.00.18-0.230.160.47
-0.13-0.520.06-0.170.350.610.790.190.450.730.350.80.3-0.810.740.130.740.50.150.47-0.150.80.480.810.11
-0.22-0.52-0.430.63-0.48-0.96-0.160.35-0.02-0.52-0.78-0.510.370.56-0.530.41-0.53-0.960.27-0.65-0.19-0.51-0.85-0.550.38
0.410.06-0.43-0.090.450.520.140.24-0.340.570.20.52-0.18-0.530.560.290.560.290.340.390.370.520.140.520.31
-0.1-0.170.63-0.09-0.26-0.410.350.61-0.130.09-0.920.120.53-0.060.090.550.09-0.540.54-0.3-0.10.12-0.450.080.51
0.840.35-0.480.45-0.260.530.40.08-0.550.660.420.52-0.61-0.540.650.380.650.380.410.290.830.520.010.520.44
0.260.61-0.960.52-0.410.530.35-0.16-0.010.70.630.69-0.25-0.720.71-0.230.710.94-0.080.670.220.690.820.72-0.21
0.090.79-0.160.140.350.40.350.610.060.85-0.180.880.39-0.860.850.630.850.110.620.320.070.880.050.860.61
0.170.190.350.240.610.08-0.160.61-0.190.46-0.480.450.33-0.40.430.830.43-0.470.930.340.170.45-0.440.40.82
-0.880.45-0.02-0.34-0.13-0.55-0.010.06-0.19-0.160.130.010.69-0.03-0.14-0.4-0.140.1-0.47-0.07-0.880.010.370.04-0.47
0.360.73-0.520.570.090.660.70.850.46-0.160.130.980.06-0.981.00.521.00.430.560.530.330.980.270.980.52
0.210.35-0.780.2-0.920.420.63-0.18-0.480.130.130.09-0.55-0.150.12-0.510.120.71-0.40.510.210.090.590.13-0.47
0.180.8-0.510.520.120.520.690.880.450.010.980.090.24-1.00.980.460.980.440.490.510.141.00.341.00.44
-0.810.30.37-0.180.53-0.61-0.250.390.330.690.06-0.550.24-0.210.080.170.08-0.30.05-0.22-0.820.24-0.020.230.09
-0.17-0.810.56-0.53-0.06-0.54-0.72-0.86-0.4-0.03-0.98-0.15-1.0-0.21-0.98-0.41-0.98-0.48-0.44-0.52-0.14-1.0-0.38-1.0-0.4
0.340.74-0.530.560.090.650.710.850.43-0.141.00.120.980.08-0.980.491.00.450.530.510.310.980.290.980.49
0.390.130.410.290.550.38-0.230.630.83-0.40.52-0.510.460.17-0.410.490.49-0.530.93-0.010.390.46-0.670.411.0
0.340.74-0.530.560.090.650.710.850.43-0.141.00.120.980.08-0.981.00.490.450.530.510.310.980.290.980.49
0.120.5-0.960.29-0.540.380.940.11-0.470.10.430.710.44-0.3-0.480.45-0.530.45-0.40.530.090.440.920.48-0.51
0.50.150.270.340.540.41-0.080.620.93-0.470.56-0.40.490.05-0.440.530.930.53-0.40.280.50.49-0.530.440.94
0.260.47-0.650.39-0.30.290.670.320.34-0.070.530.510.51-0.22-0.520.51-0.010.510.530.280.240.510.530.520.01
1.0-0.15-0.190.37-0.10.830.220.070.17-0.880.330.210.14-0.82-0.140.310.390.310.090.50.240.14-0.260.120.47
0.180.8-0.510.520.120.520.690.880.450.010.980.091.00.24-1.00.980.460.980.440.490.510.140.341.00.44
-0.230.48-0.850.14-0.450.010.820.05-0.440.370.270.590.34-0.02-0.380.29-0.670.290.92-0.530.53-0.260.340.39-0.68
0.160.81-0.550.520.080.520.720.860.40.040.980.131.00.23-1.00.980.410.980.480.440.520.121.00.390.39
0.470.110.380.310.510.44-0.210.610.82-0.470.52-0.470.440.09-0.40.491.00.49-0.510.940.010.470.44-0.680.39
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Amesite Operating Account Relationship Matchups

Amesite Operating fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities2.7M741.7K748.1K265.3K798.5K667.7K
Net Tangible Assets1.7M10.4M7.1M5.3M6.1M5.4M
Retained Earnings(8.6M)(20.2M)(29.3M)(33.4M)(37.8M)(35.9M)
Accounts Payable112.1K139.8K122.3K70.1K48.9K80.7K
Net Receivables61.1K51.1K14.5K15K30.1K27.8K
Other Stockholder Equity11.6M32.0M37.4M39.5M40.3M26.3M
Total Current Assets4.4M11.1M7.7M5.5M2.6M2.5M
Common Stock1.6K2.1K2.6K255.0229.5218.02
Property Plant Equipment45.3K100.6K87.2K89.0K102.3K93.0K
Total Assets5.7M12.5M8.9M6.3M3.3M3.1M
Other Current Liab187.1K268.8K283.2K141.3K749.6K787.0K
Total Stockholder Equity3.0M11.7M8.1M6.1M2.5M2.4M
Property Plant And Equipment Net45.3K100.6K87.2K89.0K64.8K63.5K
Net Debt(2.1M)(10.7M)(7.2M)(5.4M)(2.1M)(2.2M)
Cash4.1M10.7M7.2M5.4M2.1M2.0M
Non Current Assets Total1.3M1.4M1.2M867.4K709.6K870.8K
Cash And Short Term Investments4.1M10.7M7.2M5.4M2.1M2.0M
Common Stock Shares Outstanding1.4M1.7M1.9M2.5M2.5M2.1M
Liabilities And Stockholders Equity5.7M12.5M8.9M6.3M3.3M3.1M
Other Current Assets227.3K299.4K1.1M106.7K503.5K432.6K
Total Liab2.7M741.7K748.1K265.3K798.5K745.3K
Net Invested Capital3.0M11.7M8.1M6.1M2.5M2.4M
Property Plant And Equipment Gross45.3K100.6K154.1K181.2K182.3K138.1K
Capital Stock1.6K2.1K2.6K255.0229.5218.02
Net Working Capital1.7M10.3M7.0M5.2M1.8M1.7M
Intangible Assets1.3M1.3M1.1M778.4K644.8K807.2K

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