Amtech Change To Inventory vs Inventory Turnover Analysis

ASYS Stock

USD 5.64 0.04 0.71%

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

For more information on how to buy Amtech Stock please use our How to Invest in Amtech Systems guide.

Change To Inventory vs Inventory Turnover

Change To Inventory vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amtech Systems Change To Inventory account and Inventory Turnover. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Amtech Systems' Change To Inventory and Inventory Turnover is 0.18. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Amtech Systems, assuming nothing else is changed. The correlation between historical values of Amtech Systems' Change To Inventory and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Amtech Systems are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Change To Inventory i.e., Amtech Systems' Change To Inventory and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

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

For more information on how to buy Amtech Stock please use our How to Invest in Amtech Systems guide.At this time, Amtech Systems' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 6.83 in 2024, despite the fact that Discontinued Operations is likely to grow to (10.1 M).

	2021	2022	2023	2024 (projected)
Gross Profit	39.5M	35.6M	40.9M	42.9M
Total Revenue	106.3M	113.3M	130.3M	136.8M

Gross Profit Total Revenue

Amtech Systems fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Intangible Assets	Accounts Payable	Non Currrent Assets Other	Other Current Assets	Other Liab	Other Assets
Total Assets		0.29	0.67	0.91	0.74	-0.12	-0.37	0.46	0.68	0.46	0.88	0.84	0.86	0.85	0.87	0.66	0.8	0.55	0.66	0.07	0.47	0.74	0.12	0.61	0.64	-0.19
Other Current Liab	0.29		0.49	0.17	-0.21	-0.49	0.07	0.49	-0.16	0.49	0.12	0.18	0.0	0.15	0.37	-0.24	0.47	-0.28	-0.18	-0.19	-0.07	0.17	0.29	-0.07	0.31	-0.15
Total Current Liabilities	0.67	0.49		0.33	0.09	-0.41	0.1	0.45	0.15	0.45	0.6	0.23	0.37	0.24	0.9	0.01	0.81	-0.06	0.07	0.12	0.27	0.73	0.31	0.08	0.74	-0.16
Total Stockholder Equity	0.91	0.17	0.33		0.84	-0.09	-0.46	0.47	0.69	0.47	0.74	0.94	0.84	0.93	0.59	0.75	0.67	0.64	0.7	0.09	0.34	0.47	-0.01	0.66	0.4	-0.12
Property Plant And Equipment Net	0.74	-0.21	0.09	0.84		0.36	-0.68	0.02	0.89	0.02	0.77	0.88	0.86	0.89	0.45	0.94	0.32	0.84	0.91	-0.05	0.52	0.55	0.08	0.78	0.37	-0.03
Net Debt	-0.12	-0.49	-0.41	-0.09	0.36		-0.32	-0.91	0.6	-0.91	0.12	0.02	0.33	0.07	-0.12	0.57	-0.6	0.66	0.52	-0.12	0.63	0.14	0.03	0.55	-0.22	-0.14
Retained Earnings	-0.37	0.07	0.1	-0.46	-0.68	-0.32		0.05	-0.52	0.05	-0.43	-0.71	-0.37	-0.73	-0.19	-0.6	-0.14	-0.47	-0.79	0.65	-0.11	-0.38	0.01	-0.39	-0.46	-0.16
Cash	0.46	0.49	0.45	0.47	0.02	-0.91	0.05		-0.27	1.0	0.19	0.37	0.02	0.32	0.33	-0.2	0.77	-0.34	-0.14	0.04	-0.47	0.07	-0.11	-0.24	0.35	0.07
Non Current Assets Total	0.68	-0.16	0.15	0.69	0.89	0.6	-0.52	-0.27		-0.27	0.73	0.72	0.94	0.75	0.51	0.97	0.15	0.96	0.86	0.07	0.84	0.59	0.21	0.9	0.3	-0.1
Cash And Short Term Investments	0.46	0.49	0.45	0.47	0.02	-0.91	0.05	1.0	-0.27		0.19	0.37	0.02	0.32	0.33	-0.2	0.77	-0.34	-0.14	0.04	-0.47	0.07	-0.11	-0.24	0.35	0.07
Net Receivables	0.88	0.12	0.6	0.74	0.77	0.12	-0.43	0.19	0.73	0.19		0.74	0.82	0.75	0.84	0.7	0.62	0.57	0.75	-0.1	0.54	0.9	0.23	0.68	0.67	-0.24
Common Stock Shares Outstanding	0.84	0.18	0.23	0.94	0.88	0.02	-0.71	0.37	0.72	0.37	0.74		0.78	0.99	0.53	0.79	0.56	0.66	0.82	-0.18	0.31	0.51	0.0	0.66	0.48	-0.05
Inventory	0.86	0.0	0.37	0.84	0.86	0.33	-0.37	0.02	0.94	0.02	0.82	0.78		0.8	0.69	0.9	0.43	0.88	0.79	0.2	0.77	0.64	0.14	0.88	0.36	-0.21
Other Stockholder Equity	0.85	0.15	0.24	0.93	0.89	0.07	-0.73	0.32	0.75	0.32	0.75	0.99	0.8		0.56	0.81	0.56	0.68	0.85	-0.2	0.35	0.55	0.02	0.67	0.51	-0.05
Total Liab	0.87	0.37	0.9	0.59	0.45	-0.12	-0.19	0.33	0.51	0.33	0.84	0.53	0.69	0.56		0.41	0.76	0.32	0.47	0.01	0.51	0.9	0.25	0.42	0.79	-0.21
Property Plant And Equipment Gross	0.66	-0.24	0.01	0.75	0.94	0.57	-0.6	-0.2	0.97	-0.2	0.7	0.79	0.9	0.81	0.41		0.15	0.96	0.91	0.0	0.69	0.48	0.04	0.87	0.2	-0.12
Total Current Assets	0.8	0.47	0.81	0.67	0.32	-0.6	-0.14	0.77	0.15	0.77	0.62	0.56	0.43	0.56	0.76	0.15		0.0	0.23	0.04	-0.01	0.56	0.05	0.13	0.68	-0.16
Short Long Term Debt Total	0.55	-0.28	-0.06	0.64	0.84	0.66	-0.47	-0.34	0.96	-0.34	0.57	0.66	0.88	0.68	0.32	0.96	0.0		0.8	0.13	0.77	0.36	0.06	0.89	0.05	-0.12
Non Current Liabilities Total	0.66	-0.18	0.07	0.7	0.91	0.52	-0.79	-0.14	0.86	-0.14	0.75	0.82	0.79	0.85	0.47	0.91	0.23	0.8		-0.31	0.54	0.63	-0.07	0.77	0.42	-0.16
Short Term Debt	0.07	-0.19	0.12	0.09	-0.05	-0.12	0.65	0.04	0.07	0.04	-0.1	-0.18	0.2	-0.2	0.01	0.0	0.04	0.13	-0.31		0.31	-0.19	0.05	0.07	-0.26	-0.06
Intangible Assets	0.47	-0.07	0.27	0.34	0.52	0.63	-0.11	-0.47	0.84	-0.47	0.54	0.31	0.77	0.35	0.51	0.69	-0.01	0.77	0.54	0.31		0.54	0.38	0.75	0.21	-0.1
Accounts Payable	0.74	0.17	0.73	0.47	0.55	0.14	-0.38	0.07	0.59	0.07	0.9	0.51	0.64	0.55	0.9	0.48	0.56	0.36	0.63	-0.19	0.54		0.3	0.49	0.84	-0.22
Non Currrent Assets Other	0.12	0.29	0.31	-0.01	0.08	0.03	0.01	-0.11	0.21	-0.11	0.23	0.0	0.14	0.02	0.25	0.04	0.05	0.06	-0.07	0.05	0.38	0.3		0.14	0.31	0.48
Other Current Assets	0.61	-0.07	0.08	0.66	0.78	0.55	-0.39	-0.24	0.9	-0.24	0.68	0.66	0.88	0.67	0.42	0.87	0.13	0.89	0.77	0.07	0.75	0.49	0.14		0.18	-0.27
Other Liab	0.64	0.31	0.74	0.4	0.37	-0.22	-0.46	0.35	0.3	0.35	0.67	0.48	0.36	0.51	0.79	0.2	0.68	0.05	0.42	-0.26	0.21	0.84	0.31	0.18		0.07
Other Assets	-0.19	-0.15	-0.16	-0.12	-0.03	-0.14	-0.16	0.07	-0.1	0.07	-0.24	-0.05	-0.21	-0.05	-0.21	-0.12	-0.16	-0.12	-0.16	-0.06	-0.1	-0.22	0.48	-0.27	0.07

Click cells to compare fundamentals

Amtech Systems Account Relationship Matchups

Amtech Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	102.1M	116.9M	133.5M	137.0M	157.6M	165.5M
Other Current Liab	(167K)	521K	5.9M	4.4M	5.1M	6.0M
Total Current Liabilities	7.5M	15.1M	22.6M	29.7M	34.2M	20.1M
Total Stockholder Equity	81.5M	85.6M	98.4M	88.4M	101.6M	106.7M
Property Plant And Equipment Net	17.1M	22.7M	17.8M	20.9M	24.0M	25.3M
Net Debt	(34.8M)	(19.1M)	(35.1M)	9.1M	8.2M	8.6M
Retained Earnings	(42.4M)	(40.9M)	(24.5M)	(37.0M)	(33.3M)	(31.7M)
Cash	45.1M	32.8M	46.9M	13.1M	15.1M	22.1M
Non Current Assets Total	25.5M	36.0M	30.6M	55.8M	64.2M	67.4M
Cash And Short Term Investments	45.1M	32.8M	46.9M	13.1M	15.1M	22.1M
Net Receivables	12.6M	23.5M	25.0M	27.1M	31.2M	32.7M
Common Stock Shares Outstanding	14.2M	14.3M	14.2M	14.1M	16.2M	17.0M
Liabilities And Stockholders Equity	102.1M	116.9M	133.5M	137.0M	157.6M	165.5M
Inventory	17.3M	22.1M	25.5M	34.8M	40.1M	42.1M
Other Stockholder Equity	124.4M	126.4M	124.5M	127.0M	146.0M	153.3M
Total Liab	20.6M	31.3M	35.2M	48.7M	56.0M	58.8M
Property Plant And Equipment Gross	17.1M	22.7M	17.8M	29.3M	33.7M	35.4M
Total Current Assets	76.6M	80.9M	102.9M	81.2M	93.4M	54.3M
Accumulated Other Comprehensive Income	(646K)	14K	(1.8M)	(1.7M)	(1.5M)	(1.6M)
Short Long Term Debt Total	10.2M	13.7M	11.8M	22.2M	25.5M	26.8M
Non Current Liabilities Total	13.1M	16.2M	12.5M	18.9M	21.8M	22.9M
Short Term Debt	504K	1.5M	2.2M	4.9M	5.6M	3.9M
Intangible Assets	609K	858K	758K	6.1M	7.0M	7.4M
Accounts Payable	2.7M	8.2M	7.3M	10.8M	12.4M	13.1M
Non Currrent Assets Other	602K	661K	783K	1.1M	1.2M	1.1M
Other Current Assets	1.6M	2.4M	5.6M	6.1M	7.0M	7.4M
Other Liab	3.2M	3.2M	3.4M	2.9M	3.4M	2.7M
Other Assets	487K	6.3M	1.3M	862K	991.3K	1.7M
Long Term Debt	4.8M	4.4M	220K	8.4M	9.7M	10.2M
Common Stock	142K	143K	141K	140K	163.3K	99.8K
Property Plant Equipment	10.2M	12.0M	14.1M	17.8M	20.5M	21.5M
Current Deferred Revenue	1.2M	1.6M	7.2M	8.0M	9.2M	10.8M
Net Tangible Assets	79.9M	74.3M	73.6M	86.4M	99.4M	79.2M
Capital Surpluse	124.3M	125.1M	124.4M	126.4M	145.3M	117.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Amtech Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC