Amazon Good Will vs Net Debt Analysis

AMZN Stock

USD 198.38 4.50 2.22%

Amazon financial indicator trend analysis is way more than just evaluating Amazon Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amazon Inc is a good investment. Please check the relationship between Amazon Good Will and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Good Will vs Net Debt

Good Will vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amazon Inc Good Will account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Amazon's Good Will and Net Debt is 0.85. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Debt in the same time period over historical financial statements of Amazon Inc, assuming nothing else is changed. The correlation between historical values of Amazon's Good Will and Net Debt 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 Amazon Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Good Will i.e., Amazon's Good Will and Net Debt go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Amazon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amazon Inc 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 Amazon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of the 22nd of November 2024, Tax Provision is likely to grow to about 3 B. Also, Selling General Administrative is likely to grow to about 12.4 B

	2021	2022	2023	2024 (projected)
Interest Expense	1.8B	2.4B	3.2B	3.3B
Depreciation And Amortization	34.4B	41.9B	48.7B	51.1B

Interest Expense Depreciation And Amortization

Amazon fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Current Deferred Revenue	Other Assets	Short Term Investments	Non Current Liabilities Total	Short Term Debt	Common Stock
Total Assets		1.0	0.99	0.99	0.99	0.94	0.99	0.98	0.96	1.0	0.55	0.95	0.45	0.98	0.65	0.98	1.0	0.97	0.99	0.99	0.99	0.99	0.53	1.0	0.94	0.81
Other Current Liab	1.0		1.0	0.98	0.99	0.94	0.97	0.99	0.96	0.99	0.57	0.96	0.48	0.99	0.63	0.97	1.0	0.95	0.99	0.99	0.99	0.98	0.54	1.0	0.93	0.8
Total Current Liabilities	0.99	1.0		0.97	0.98	0.94	0.96	1.0	0.96	0.98	0.55	0.97	0.51	0.99	0.61	0.96	1.0	0.94	1.0	0.99	0.99	0.97	0.59	0.99	0.94	0.76
Total Stockholder Equity	0.99	0.98	0.97		0.99	0.91	1.0	0.95	0.96	0.99	0.53	0.92	0.39	0.95	0.67	0.99	0.97	0.99	0.96	0.97	0.97	0.99	0.46	0.98	0.93	0.85
Property Plant And Equipment Net	0.99	0.99	0.98	0.99		0.95	0.99	0.97	0.94	1.0	0.48	0.93	0.4	0.96	0.67	0.98	0.99	0.98	0.97	0.99	0.97	1.0	0.5	0.99	0.94	0.84
Net Debt	0.94	0.94	0.94	0.91	0.95		0.93	0.93	0.83	0.94	0.49	0.91	0.37	0.94	0.72	0.89	0.95	0.87	0.93	0.97	0.91	0.94	0.65	0.96	0.86	0.72
Retained Earnings	0.99	0.97	0.96	1.0	0.99	0.93		0.95	0.94	0.99	0.51	0.92	0.37	0.94	0.71	0.99	0.97	0.99	0.96	0.97	0.96	0.99	0.49	0.98	0.93	0.83
Accounts Payable	0.98	0.99	1.0	0.95	0.97	0.93	0.95		0.94	0.97	0.53	0.98	0.54	0.99	0.6	0.95	0.99	0.92	1.0	0.98	0.98	0.96	0.63	0.98	0.95	0.72
Cash	0.96	0.96	0.96	0.96	0.94	0.83	0.94	0.94		0.96	0.59	0.9	0.48	0.93	0.52	0.98	0.95	0.96	0.95	0.94	0.97	0.94	0.36	0.94	0.9	0.85
Non Current Assets Total	1.0	0.99	0.98	0.99	1.0	0.94	0.99	0.97	0.96		0.54	0.93	0.41	0.97	0.66	0.99	0.99	0.98	0.97	0.99	0.98	1.0	0.49	0.99	0.93	0.85
Non Currrent Assets Other	0.55	0.57	0.55	0.53	0.48	0.49	0.51	0.53	0.59	0.54		0.54	0.29	0.55	0.41	0.54	0.55	0.48	0.56	0.56	0.58	0.5	0.23	0.55	0.29	0.4
Cash And Short Term Investments	0.95	0.96	0.97	0.92	0.93	0.91	0.92	0.98	0.9	0.93	0.54		0.53	0.96	0.6	0.9	0.96	0.87	0.99	0.94	0.96	0.92	0.73	0.95	0.93	0.6
Common Stock Shares Outstanding	0.45	0.48	0.51	0.39	0.4	0.37	0.37	0.54	0.48	0.41	0.29	0.53		0.57	0.02	0.42	0.48	0.35	0.52	0.43	0.5	0.38	0.39	0.44	0.43	0.23
Inventory	0.98	0.99	0.99	0.95	0.96	0.94	0.94	0.99	0.93	0.97	0.55	0.96	0.57		0.55	0.94	0.99	0.91	0.99	0.98	0.98	0.95	0.6	0.99	0.92	0.74
Other Current Assets	0.65	0.63	0.61	0.67	0.67	0.72	0.71	0.6	0.52	0.66	0.41	0.6	0.02	0.55		0.62	0.62	0.65	0.6	0.66	0.56	0.69	0.45	0.64	0.52	0.56
Other Stockholder Equity	0.98	0.97	0.96	0.99	0.98	0.89	0.99	0.95	0.98	0.99	0.54	0.9	0.42	0.94	0.62		0.97	0.99	0.96	0.97	0.97	0.98	0.39	0.97	0.92	0.88
Total Liab	1.0	1.0	1.0	0.97	0.99	0.95	0.97	0.99	0.95	0.99	0.55	0.96	0.48	0.99	0.62	0.97		0.94	0.99	1.0	0.99	0.98	0.57	1.0	0.94	0.78
Property Plant And Equipment Gross	0.97	0.95	0.94	0.99	0.98	0.87	0.99	0.92	0.96	0.98	0.48	0.87	0.35	0.91	0.65	0.99	0.94		0.93	0.95	0.94	0.98	0.36	0.95	0.91	0.89
Total Current Assets	0.99	0.99	1.0	0.96	0.97	0.93	0.96	1.0	0.95	0.97	0.56	0.99	0.52	0.99	0.6	0.96	0.99	0.93		0.98	0.99	0.96	0.63	0.99	0.94	0.72
Short Long Term Debt Total	0.99	0.99	0.99	0.97	0.99	0.97	0.97	0.98	0.94	0.99	0.56	0.94	0.43	0.98	0.66	0.97	1.0	0.95	0.98		0.98	0.99	0.55	1.0	0.92	0.8
Current Deferred Revenue	0.99	0.99	0.99	0.97	0.97	0.91	0.96	0.98	0.97	0.98	0.58	0.96	0.5	0.98	0.56	0.97	0.99	0.94	0.99	0.98		0.97	0.52	0.98	0.93	0.78
Other Assets	0.99	0.98	0.97	0.99	1.0	0.94	0.99	0.96	0.94	1.0	0.5	0.92	0.38	0.95	0.69	0.98	0.98	0.98	0.96	0.99	0.97		0.49	0.99	0.93	0.85
Short Term Investments	0.53	0.54	0.59	0.46	0.5	0.65	0.49	0.63	0.36	0.49	0.23	0.73	0.39	0.6	0.45	0.39	0.57	0.36	0.63	0.55	0.52	0.49		0.56	0.57	-0.03
Non Current Liabilities Total	1.0	1.0	0.99	0.98	0.99	0.96	0.98	0.98	0.94	0.99	0.55	0.95	0.44	0.99	0.64	0.97	1.0	0.95	0.99	1.0	0.98	0.99	0.56		0.93	0.79
Short Term Debt	0.94	0.93	0.94	0.93	0.94	0.86	0.93	0.95	0.9	0.93	0.29	0.93	0.43	0.92	0.52	0.92	0.94	0.91	0.94	0.92	0.93	0.93	0.57	0.93		0.71
Common Stock	0.81	0.8	0.76	0.85	0.84	0.72	0.83	0.72	0.85	0.85	0.4	0.6	0.23	0.74	0.56	0.88	0.78	0.89	0.72	0.8	0.78	0.85	-0.03	0.79	0.71

Click cells to compare fundamentals

Amazon Account Relationship Matchups

High Positive Relationship

Other Current Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab

High Negative Relationship

Common Stock

- 0.03

Short Term Investments

Amazon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	225.2B	321.2B	420.5B	462.7B	527.9B	554.2B
Other Current Liab	32.4B	44.1B	51.8B	62.6B	64.7B	67.9B
Total Current Liabilities	87.8B	126.4B	142.3B	155.4B	164.9B	173.2B
Total Stockholder Equity	62.1B	93.4B	138.2B	146.0B	201.9B	212.0B
Property Plant And Equipment Net	72.7B	150.7B	216.4B	252.8B	276.7B	290.5B
Net Debt	27.1B	42.3B	80.2B	86.2B	62.2B	65.3B
Retained Earnings	31.2B	52.6B	85.9B	83.2B	113.6B	119.3B
Accounts Payable	47.2B	72.5B	78.7B	79.6B	85.0B	89.2B
Cash	36.1B	42.1B	36.2B	53.9B	73.4B	77.1B
Non Current Assets Total	128.9B	188.5B	259.0B	315.9B	355.5B	373.3B
Non Currrent Assets Other	110.0B	14.8B	18.7B	34.6B	45.4B	47.7B
Cash And Short Term Investments	55.0B	84.4B	96.0B	70.0B	86.8B	91.1B
Common Stock Shares Outstanding	10.1B	10.2B	10.3B	10.2B	10.5B	9.4B
Liabilities And Stockholders Equity	225.2B	321.2B	420.5B	462.7B	527.9B	554.2B
Inventory	20.5B	23.8B	32.6B	34.4B	33.3B	35.0B
Other Current Assets	276M	4.9B	7.4B	6.2B	6.9B	7.2B
Other Stockholder Equity	31.8B	41.0B	53.7B	67.2B	91.2B	95.7B
Total Liab	163.2B	227.8B	282.3B	316.6B	326.0B	342.3B
Property Plant And Equipment Gross	72.7B	150.7B	216.4B	252.8B	396.8B	416.6B
Total Current Assets	96.3B	132.7B	161.6B	146.8B	172.4B	181.0B
Accumulated Other Comprehensive Income	(986M)	(180M)	(1.4B)	(4.5B)	(3.0B)	(2.9B)
Short Long Term Debt Total	63.2B	84.4B	116.4B	140.1B	135.6B	142.4B
Current Deferred Revenue	8.2B	9.7B	11.8B	13.2B	15.2B	16.0B
Other Assets	10.1B	18.1B	27.2B	31.7B	36.4B	38.2B
Short Term Investments	18.9B	42.3B	59.8B	16.1B	13.4B	8.6B
Non Current Liabilities Total	75.4B	101.4B	140.0B	161.2B	161.1B	169.1B
Short Term Debt	1.3B	16.1B	15.9B	14.9B	18.9B	19.9B
Good Will	14.8B	15.0B	15.4B	20.3B	22.8B	23.9B
Intangible Assets	4.0B	5.0B	5.1B	6.1B	7.7B	8.1B
Long Term Debt	23.4B	31.8B	48.7B	67.2B	58.3B	61.2B
Property Plant Equipment	72.7B	150.7B	216.4B	252.8B	290.8B	305.3B
Net Receivables	20.8B	24.5B	32.9B	42.4B	52.3B	54.9B
Other Liab	12.2B	17.0B	23.6B	14.4B	16.6B	17.4B
Net Tangible Assets	87.1B	131.0B	122.9B	198.7B	228.5B	240.0B
Retained Earnings Total Equity	31.2B	52.6B	85.9B	83.2B	95.7B	100.5B
Long Term Debt Total	23.4B	31.8B	48.7B	67.2B	77.2B	81.1B
Capital Surpluse	33.7B	42.9B	55.5B	75.1B	86.3B	90.6B

Pair Trading with Amazon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amazon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amazon will appreciate offsetting losses from the drop in the long position's value.

Moving against Amazon Stock

0.8	BGI	Birks Group	Pair Corr
0.77	DIBS	1StdibsCom	Pair Corr
0.69	DKS	Dicks Sporting Goods	Pair Corr
0.66	DBI	Designer Brands	Pair Corr
0.64	YJ	Yunji Inc	Pair Corr

The ability to find closely correlated positions to Amazon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amazon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amazon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amazon Inc to buy it.

The correlation of Amazon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amazon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Amazon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Amazon Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amazon'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 Amazon Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amazon Inc Stock:

How To Invest In Amazon

Details

Is Amazon Stock a good investment?

Details

What is Amazon's Net Worth?

Details

Largest Broadline Retail Companies

View

Largest Consumer Discretionary Distribution & Retail Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Is Broadline Retail 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 Amazon. If investors know Amazon 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 Amazon 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

0.521

Earnings Share

4.65

Revenue Per Share

59.486

Quarterly Revenue Growth

0.11

Return On Assets

0.0707

The market value of Amazon Inc is measured differently than its book value, which is the value of Amazon that is recorded on the company's balance sheet. Investors also form their own opinion of Amazon's value that differs from its market value or its book value, called intrinsic value, which is Amazon'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 Amazon's market value can be influenced by many factors that don't directly affect Amazon'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 Amazon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amazon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amazon'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.

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Amazon Good Will vs Net Debt Analysis

Good Will vs Net Debt

Good Will vs Net Debt Correlation Analysis

Correlation Coefficient

Good Will

Net Debt

Amazon fundamental ratios Correlations

Amazon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amazon fundamental ratios Accounts

Pair Trading with Amazon

Moving against Amazon Stock

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