AMTD Depreciation vs Capital Expenditures Analysis
| AMTD Stock | USD 1.23 0.01 0.82% |
AMTD IDEA financial indicator trend analysis is way more than just evaluating AMTD IDEA Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMTD IDEA Group is a good investment. Please check the relationship between AMTD IDEA Depreciation and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMTD IDEA Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Depreciation vs Capital Expenditures
Depreciation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMTD IDEA Group Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AMTD IDEA's Depreciation and Capital Expenditures is 0.92. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of AMTD IDEA Group, assuming nothing else is changed. The correlation between historical values of AMTD IDEA's Depreciation 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 Depreciation of AMTD IDEA Group 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 Depreciation i.e., AMTD IDEA's Depreciation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Depreciation
Depreciation indicates how much of AMTD IDEA Group value has been used up. For tax purposes AMTD IDEA can deduct the cost of the tangible assets it purchases as business expenses. However, AMTD IDEA Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Capital Expenditures
Capital Expenditures are funds used by AMTD IDEA Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of AMTD IDEA operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from AMTD IDEA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMTD IDEA Group 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 AMTD IDEA Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. As of November 30, 2024, Selling General Administrative is expected to decline to about 10.9 M. In addition to that, Tax Provision is expected to decline to about 4.1 M
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 177.5M | 21.5M | 157.3M | 234.8M | Total Revenue | 177.6M | 22.4M | 122.7M | 204.3M |
AMTD IDEA fundamental ratios Correlations
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AMTD IDEA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AMTD IDEA fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.1B | 1.4B | 857.7M | 1.1B | 1.5B | 1.3B | |
| Short Long Term Debt Total | 15.0M | 15.0M | 16.1M | 457.2K | 96.5M | 143.5M | |
| Total Stockholder Equity | 876.3M | 1.3B | 740.5M | 969.7M | 1.3B | 1.4B | |
| Property Plant And Equipment Net | 4.0K | 14.4K | 8.6K | 11.5K | 70.1M | 73.6M | |
| Net Debt | (83.4M) | (43.6M) | (51.4M) | (137.7M) | (23.7M) | (22.5M) | |
| Retained Earnings | 292.2M | 430.5M | 570.7M | 712.2M | 859.8M | 902.8M | |
| Cash | 98.4M | 58.6M | 67.5M | 138.2M | 120.2M | 90.8M | |
| Non Current Assets Total | 963.0M | 1.3B | 790.2M | 921.5M | 283.9M | 269.7M | |
| Non Currrent Assets Other | 961.1M | 1.3B | 788.2M | 817.1M | 95.4M | 90.7M | |
| Cash And Short Term Investments | 98.4M | 58.6M | 67.5M | 138.2M | 120.2M | 130.9M | |
| Common Stock Shares Outstanding | 36.1M | 41.0M | 38.0M | 49.9M | 60.4M | 32.3M | |
| Liabilities And Stockholders Equity | 1.1B | 1.4B | 857.7M | 1.1B | 1.5B | 1.3B | |
| Non Current Liabilities Total | 176.6M | 93.0M | 103.4M | 33.7M | 36.0M | 34.2M | |
| Other Current Assets | (873.9M) | (912.1M) | (353.8M) | (572.1M) | 1.2M | 1.2M | |
| Other Stockholder Equity | 0.49 | (236.8M) | (641.6M) | (963.6M) | (734.7M) | (697.9M) | |
| Total Liab | 185.1M | 103.5M | 115.2M | 58.2M | 193.0M | 183.4M | |
| Total Current Assets | 98.4M | 58.6M | 67.5M | 138.2M | 1.2B | 1.3B | |
| Common Stock | 24.7K | 24.9K | 24.7K | 37.9K | 48K | 45.6K | |
| Other Current Liab | (538.7M) | (31.5M) | (55.7M) | (10.5M) | 77.8M | 73.9M | |
| Total Current Liabilities | 8.5M | 10.5M | 11.7M | 24.5M | 157.1M | 149.2M | |
| Accounts Payable | 492.0M | 26.1M | 155.0M | 9.8M | 8.6M | 8.2M | |
| Net Receivables | 573.7M | 845.5M | 286.3M | 433.5M | 1.1B | 1.3B | |
| Current Deferred Revenue | 14.4M | 6.1M | 80.9K | 2.2M | 1.5M | 1.4M | |
| Accumulated Other Comprehensive Income | 584.1M | 823.9M | 811.1M | 1.2B | 1.2B | 1.2B | |
| Intangible Assets | 1.9M | 2.0M | 1.9M | 96.9M | 118.4M | 124.3M | |
| Short Term Debt | 40.8M | 30.0M | 49.9M | (9.9M) | 66.2M | 101.2M | |
| Net Tangible Assets | 6.8B | 9.7B | 5.8B | 6.8B | 7.8B | 6.2B | |
| Property Plant Equipment | 31.0K | 111.4K | 67.1K | 90.1K | 81.1K | 117.7K | |
| Net Invested Capital | 7.2B | 10.1B | 6.3B | 7.7B | 1.4B | 1.3B | |
| Short Long Term Debt | 317.7M | 232.3M | 388.9M | 156.9M | 65.8M | 62.5M | |
| Net Working Capital | 7.2B | 7.6B | 3.1B | 5.5B | 1.0B | 993.3M |
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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 AMTD IDEA Group is a strong investment it is important to analyze AMTD IDEA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AMTD IDEA's future performance. For an informed investment choice regarding AMTD Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMTD IDEA Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Asset Management & Custody Banks 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 AMTD IDEA. If investors know AMTD 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 AMTD IDEA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.44) | Earnings Share 2.22 | Revenue Per Share 2.03 | Quarterly Revenue Growth 1.192 | Return On Assets 0.1204 |
The market value of AMTD IDEA Group is measured differently than its book value, which is the value of AMTD that is recorded on the company's balance sheet. Investors also form their own opinion of AMTD IDEA's value that differs from its market value or its book value, called intrinsic value, which is AMTD IDEA'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 AMTD IDEA's market value can be influenced by many factors that don't directly affect AMTD IDEA'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 AMTD IDEA's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD IDEA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD IDEA'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.