American Good Will vs Total Current Liabilities Analysis
AMWL Stock | USD 9.57 0.46 5.05% |
American Well financial indicator trend analysis is way more than just evaluating American Well Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Well Corp is a good investment. Please check the relationship between American Well Good Will and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Well Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Good Will vs Total Current Liabilities
Good Will vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Well Corp Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Well's Good Will and Total Current Liabilities is 0.58. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of American Well Corp, assuming nothing else is changed. The correlation between historical values of American Well's Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of American Well Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., American Well's Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Current Liabilities
Total Current Liabilities is an item on American Well balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of American Well Corp 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.Most indicators from American Well's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Well Corp 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 Well Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, American Well's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, although the value of Selling General Administrative will most likely fall to about 114.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 120K | 6.1M | 15.3M | 16.0M | Net Interest Income | 120K | 6.1M | 15.3M | 16.0M |
American Well fundamental ratios Correlations
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American Well Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Well fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 499.9M | 1.4B | 1.4B | 1.2B | 589.7M | 1.0B | |
Other Current Liab | 27.4M | 35.8M | 56.8M | 51.2M | 35.4M | 38.8M | |
Total Current Liabilities | 106.6M | 121.0M | 141.6M | 114.1M | 93.8M | 121.9M | |
Total Stockholder Equity | (307.1M) | 1.2B | 1.2B | 1.1B | 464.2M | 633.0M | |
Other Liab | 11.2M | 8.2M | 28.6M | 7.9M | 7.1M | 13.8M | |
Net Tangible Assets | (564.5M) | 974.7M | 644.1M | 493.6M | 567.7M | 596.0M | |
Property Plant And Equipment Net | 14.6M | 10.4M | 18.7M | 14.5M | 11.0M | 13.3M | |
Current Deferred Revenue | 66.5M | 66.7M | 68.8M | 49.5M | 46.4M | 48.3M | |
Net Debt | (124.3M) | (934.0M) | (729.8M) | (523.7M) | (360.3M) | (378.3M) | |
Retained Earnings | (357.9M) | (582.4M) | (811.3M) | (1.1B) | (1.8B) | (1.7B) | |
Accounts Payable | 6.5M | 5.8M | 12.2M | 7.2M | 4.9M | 7.5M | |
Cash | 137.7M | 941.6M | 746.4M | 538.5M | 372.0M | 510.4M | |
Non Current Assets Total | 276.4M | 263.4M | 618.5M | 590.9M | 140.1M | 133.1M | |
Non Currrent Assets Other | 4.3M | 1.4M | 2.5M | 6.2M | 7.7M | 4.7M | |
Other Assets | 4.3M | 10.1M | 4.5M | 6.2M | 7.1M | 6.3M | |
Cash And Short Term Investments | 177.6M | 1.0B | 746.4M | 538.5M | 372.0M | 574.3M | |
Net Receivables | 32.7M | 45.3M | 51.4M | 58.4M | 54.1M | 50.0M | |
Common Stock Total Equity | 423K | 2.4M | 2.6M | 2.8M | 3.2M | 1.9M | |
Common Stock Shares Outstanding | 229.9M | 5.0M | 12.7M | 13.7M | 14.2M | 13.5M | |
Liabilities And Stockholders Equity | 499.9M | 1.4B | 1.4B | 1.2B | 589.7M | 1.0B | |
Non Current Liabilities Total | 674.2M | 9.5M | 43.3M | 19.7M | 15.7M | 14.9M | |
Capital Lease Obligations | 13.4M | 7.7M | 16.6M | 14.8M | 11.8M | 11.8M | |
Inventory | 3.1M | 9.1M | 7.5M | 8.7M | 6.7M | 6.9M | |
Other Current Assets | 10.1M | 17.3M | 22.0M | 40.5M | 16.7M | 21.5M | |
Other Stockholder Equity | (605.7M) | 1.8B | 2.1B | 2.2B | 2.2B | 1.4B | |
Total Liab | 780.7M | 130.4M | 185.0M | 133.7M | 109.5M | 104.0M | |
Deferred Long Term Liab | 1.6M | 1.3M | 2.0M | 3.4M | 3.9M | 2.2M | |
Net Invested Capital | (307.1M) | 1.2B | 1.2B | 1.1B | 464.2M | 633.0M | |
Property Plant And Equipment Gross | 14.6M | 10.4M | 18.7M | 14.5M | 23.8M | 15.6M | |
Total Current Assets | 223.5M | 1.1B | 827.3M | 626.6M | 449.6M | 649.1M | |
Accumulated Other Comprehensive Income | 250K | 297K | (6.4M) | (17.0M) | (15.7M) | (14.9M) | |
Capital Stock | 423K | 2.4M | 2.6M | 2.8M | 2.9M | 2.1M | |
Non Current Liabilities Other | 309K | 64K | 21.6M | 1.6M | 1.4M | 1.4M | |
Net Working Capital | 117.0M | 992.3M | 685.7M | 512.6M | 355.8M | 527.2M | |
Short Term Debt | 6.2M | 12.7M | 3.8M | 6.1M | 7.2M | 6.7M | |
Intangible Assets | 63.5M | 55.5M | 152.4M | 135.0M | 120.2M | 106.7M | |
Common Stock | 423K | 2.4M | 2.6M | 2.8M | 2.9M | 2.1M | |
Property Plant Equipment | 14.6M | 10.4M | 18.7M | 1.0M | 910.8K | 865.3K |
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Is Health Care Equipment & Supplies 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 Well. 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 Well listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.45) | Revenue Per Share 17.223 | Quarterly Revenue Growth (0.01) | Return On Assets (0.25) | Return On Equity (0.50) |
The market value of American Well Corp 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 Well's value that differs from its market value or its book value, called intrinsic value, which is American Well'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 Well's market value can be influenced by many factors that don't directly affect American Well'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 Well's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Well is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Well'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.