Ampco Historical Balance Sheet

AP Stock  USD 1.73  0.02  1.14%   
Trend analysis of Ampco Pittsburgh balance sheet accounts such as Short Long Term Debt Total of 140.1 M or Other Current Liabilities of 42.7 M provides information on Ampco Pittsburgh's total assets, liabilities, and equity, which is the actual value of Ampco Pittsburgh to its prevalent stockholders. By breaking down trends over time using Ampco Pittsburgh balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Ampco Pittsburgh latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ampco Pittsburgh is a good buy for the upcoming year.

Ampco Pittsburgh Inventory

70.6 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.

About Ampco Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ampco Pittsburgh at a specified time, usually calculated after every quarter, six months, or one year. Ampco Pittsburgh Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ampco Pittsburgh and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ampco currently owns. An asset can also be divided into two categories, current and non-current.

Ampco Pittsburgh Balance Sheet Chart

At this time, Ampco Pittsburgh's Property Plant And Equipment Gross is relatively stable compared to the past year. As of 11/25/2024, Long Term Debt is likely to grow to about 122.2 M, while Total Current Liabilities is likely to drop slightly above 81 M.

Total Assets

Total assets refers to the total amount of Ampco Pittsburgh 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 Ampco Pittsburgh 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.

Total Current Liabilities

Total Current Liabilities is an item on Ampco Pittsburgh balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ampco Pittsburgh 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.

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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from Ampco Pittsburgh's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ampco Pittsburgh current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Ampco Pittsburgh. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.At this time, Ampco Pittsburgh's Property Plant And Equipment Gross is relatively stable compared to the past year. As of 11/25/2024, Long Term Debt is likely to grow to about 122.2 M, while Total Current Liabilities is likely to drop slightly above 81 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total65.0M109.0M133.4M140.1M
Total Assets485.6M502.8M565.7M396.6M

Ampco Pittsburgh balance sheet Correlations

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0.130.50.330.33-0.720.080.55-0.73-0.570.250.64-0.570.570.470.55-0.430.670.490.78-0.17-0.130.710.970.970.29
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0.290.490.120.45-0.770.190.52-0.77-0.520.490.88-0.520.420.490.960.15-0.030.080.59-0.260.080.620.50.490.63
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Click cells to compare fundamentals

Ampco Pittsburgh Account Relationship Matchups

Ampco Pittsburgh balance sheet Accounts

201920202021202220232024 (projected)
Total Assets506.6M463.2M485.6M502.8M565.7M396.6M
Short Long Term Debt Total75.1M41.6M65.0M109.0M133.4M140.1M
Other Current Liab43.9M64.9M59.5M58.9M65.5M42.7M
Total Current Liabilities124.2M105.3M125.0M116.2M116.9M81.0M
Total Stockholder Equity48.9M76.6M82.6M104.3M60.9M112.0M
Property Plant And Equipment Net170.7M166.4M162.6M158.5M163.5M126.0M
Net Debt68.2M24.7M54.6M100.3M126.1M132.4M
Retained Earnings(51.3M)(43.4M)(56.1M)(32.3M)(73.0M)(69.3M)
Cash7.0M16.8M10.3M8.7M7.3M6.9M
Non Current Assets Total313.1M291.4M297.3M271.4M329.0M215.2M
Non Currrent Assets Other129.7M113.0M124.2M103.3M155.2M163.0M
Cash And Short Term Investments7.0M16.8M10.3M8.7M7.3M6.9M
Net Receivables97.8M76.4M84.8M93.5M99.3M65.2M
Common Stock Shares Outstanding12.6M14.6M19.0M19.4M19.6M12.0M
Liabilities And Stockholders Equity506.6M463.2M485.6M502.8M565.7M396.6M
Non Current Liabilities Total326.7M272.9M268.8M273.2M377.2M396.1M
Inventory82.3M73.2M88.2M121.7M124.7M70.6M
Other Current Assets6.4M5.4M4.9M7.4M5.4M9.6M
Other Stockholder Equity156.3M170.3M174.6M175.7M177.2M117.5M
Total Liab450.9M378.2M393.8M389.4M494.1M518.8M
Property Plant And Equipment Gross170.7M162.1M442.3M439.6M469.4M492.8M
Total Current Assets193.4M171.8M188.3M231.4M236.7M181.4M
Accumulated Other Comprehensive Income(68.7M)(68.7M)(55.1M)(58.4M)(63.0M)(66.1M)
Short Term Debt21.0M13.8M21.3M13.7M14.2M14.0M
Accounts Payable33.3M26.7M44.2M43.6M37.2M21.4M
Common Stock Total Equity12.7M18.3M19.2M19.4M22.3M12.7M
Common Stock12.7M18.3M19.2M19.4M19.7M13.1M
Other Liab278.8M272.6M244.4M224.5M258.1M187.9M
Other Assets128.5M122.1M126.3M11.2M12.9M12.3M
Long Term Debt50.5M24.8M40.9M93.1M116.4M122.2M
Property Plant Equipment166.4M166.4M158.6M155.0M178.2M142.3M
Current Deferred Revenue26.1M22.9M19.6M2.1M2.8M2.6M
Intangible Assets7.6M7.2M6.2M5.2M4.9M4.6M
Net Tangible Assets41.3M69.3M73.3M99.1M89.2M105.2M
Noncontrolling Interest In Consolidated Entity6.7M8.4M9.2M9.1M10.4M11.0M
Retained Earnings Total Equity(51.3M)(43.4M)(56.1M)(32.3M)(29.1M)(27.6M)
Capital Surpluse156.3M170.3M174.6M175.7M202.0M164.0M
Deferred Long Term Liab543K1.4M3.9M2.5M2.9M3.0M

Pair Trading with Ampco Pittsburgh

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 Ampco Pittsburgh 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 Ampco Pittsburgh will appreciate offsetting losses from the drop in the long position's value.

Moving against Ampco Stock

  0.65HAYN Haynes InternationalPairCorr
  0.37RYI Ryerson Holding CorpPairCorr
  0.35GIFI Gulf Island FabricationPairCorr
  0.35NWPX Northwest PipePairCorr
  0.34MLI Mueller IndustriesPairCorr
The ability to find closely correlated positions to Ampco Pittsburgh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampco Pittsburgh 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 Ampco Pittsburgh - 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 Ampco Pittsburgh to buy it.
The correlation of Ampco Pittsburgh 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 Ampco Pittsburgh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ampco Pittsburgh 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 Ampco Pittsburgh 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 CorrelationCorrelation Matching

Additional Tools for Ampco Stock Analysis

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