Amer Net Receivables vs Total Assets Analysis
AS Stock | 24.30 0.61 2.57% |
Amer Sports, financial indicator trend analysis is way more than just evaluating Amer Sports, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amer Sports, is a good investment. Please check the relationship between Amer Sports, Net Receivables and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amer Sports,. 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. For more information on how to buy Amer Stock please use our How to Invest in Amer Sports, guide.
Net Receivables vs Total Assets
Net Receivables vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amer Sports, Net Receivables account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Amer Sports,'s Net Receivables and Total Assets is 0.53. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Amer Sports,, assuming nothing else is changed. The correlation between historical values of Amer Sports,'s Net Receivables 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 Net Receivables of Amer Sports, 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 Net Receivables i.e., Amer Sports,'s Net Receivables and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Receivables
Total Assets
Total assets refers to the total amount of Amer Sports, 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 Amer Sports, 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 Amer Sports,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amer Sports, 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 Amer Sports,. 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. For more information on how to buy Amer Stock please use our How to Invest in Amer Sports, guide.At this time, Amer Sports,'s Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 33.62 in 2024, whereas Selling General Administrative is likely to drop slightly above 455.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 184.9M | 220.9M | 254.0M | 200.5M | Interest Income | 9.5M | 10.5M | 12.1M | 6.2M |
Amer Sports, fundamental ratios Correlations
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Amer Sports, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Amer Stock Analysis
When running Amer Sports,'s price analysis, check to measure Amer Sports,'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 Amer Sports, is operating at the current time. Most of Amer Sports,'s value examination focuses on studying past and present price action to predict the probability of Amer Sports,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amer Sports,'s price. Additionally, you may evaluate how the addition of Amer Sports, to your portfolios can decrease your overall portfolio volatility.