Amtech Net Tangible Assets vs Long Term Debt Total Analysis

ASYS Stock  USD 5.62  0.19  3.27%   
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 Net Tangible Assets and its Long Term Debt Total 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.

Net Tangible Assets vs Long Term Debt Total

Net Tangible Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amtech Systems Net Tangible Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Amtech Systems' Net Tangible Assets and Long Term Debt Total is -0.51. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt Total 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' Net Tangible Assets and Long Term Debt Total 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 Tangible Assets of Amtech Systems are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Tangible Assets i.e., Amtech Systems' Net Tangible Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Debt Total

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 Profit39.5M35.6M40.9M42.9M
Total Revenue106.3M113.3M130.3M136.8M

Amtech Systems fundamental ratios Correlations

0.290.670.910.74-0.12-0.370.460.680.460.880.840.860.850.870.660.80.550.660.070.470.740.120.610.64-0.19
0.290.490.17-0.21-0.490.070.49-0.160.490.120.180.00.150.37-0.240.47-0.28-0.18-0.19-0.070.170.29-0.070.31-0.15
0.670.490.330.09-0.410.10.450.150.450.60.230.370.240.90.010.81-0.060.070.120.270.730.310.080.74-0.16
0.910.170.330.84-0.09-0.460.470.690.470.740.940.840.930.590.750.670.640.70.090.340.47-0.010.660.4-0.12
0.74-0.210.090.840.36-0.680.020.890.020.770.880.860.890.450.940.320.840.91-0.050.520.550.080.780.37-0.03
-0.12-0.49-0.41-0.090.36-0.32-0.910.6-0.910.120.020.330.07-0.120.57-0.60.660.52-0.120.630.140.030.55-0.22-0.14
-0.370.070.1-0.46-0.68-0.320.05-0.520.05-0.43-0.71-0.37-0.73-0.19-0.6-0.14-0.47-0.790.65-0.11-0.380.01-0.39-0.46-0.16
0.460.490.450.470.02-0.910.05-0.271.00.190.370.020.320.33-0.20.77-0.34-0.140.04-0.470.07-0.11-0.240.350.07
0.68-0.160.150.690.890.6-0.52-0.27-0.270.730.720.940.750.510.970.150.960.860.070.840.590.210.90.3-0.1
0.460.490.450.470.02-0.910.051.0-0.270.190.370.020.320.33-0.20.77-0.34-0.140.04-0.470.07-0.11-0.240.350.07
0.880.120.60.740.770.12-0.430.190.730.190.740.820.750.840.70.620.570.75-0.10.540.90.230.680.67-0.24
0.840.180.230.940.880.02-0.710.370.720.370.740.780.990.530.790.560.660.82-0.180.310.510.00.660.48-0.05
0.860.00.370.840.860.33-0.370.020.940.020.820.780.80.690.90.430.880.790.20.770.640.140.880.36-0.21
0.850.150.240.930.890.07-0.730.320.750.320.750.990.80.560.810.560.680.85-0.20.350.550.020.670.51-0.05
0.870.370.90.590.45-0.12-0.190.330.510.330.840.530.690.560.410.760.320.470.010.510.90.250.420.79-0.21
0.66-0.240.010.750.940.57-0.6-0.20.97-0.20.70.790.90.810.410.150.960.910.00.690.480.040.870.2-0.12
0.80.470.810.670.32-0.6-0.140.770.150.770.620.560.430.560.760.150.00.230.04-0.010.560.050.130.68-0.16
0.55-0.28-0.060.640.840.66-0.47-0.340.96-0.340.570.660.880.680.320.960.00.80.130.770.360.060.890.05-0.12
0.66-0.180.070.70.910.52-0.79-0.140.86-0.140.750.820.790.850.470.910.230.8-0.310.540.63-0.070.770.42-0.16
0.07-0.190.120.09-0.05-0.120.650.040.070.04-0.1-0.180.2-0.20.010.00.040.13-0.310.31-0.190.050.07-0.26-0.06
0.47-0.070.270.340.520.63-0.11-0.470.84-0.470.540.310.770.350.510.69-0.010.770.540.310.540.380.750.21-0.1
0.740.170.730.470.550.14-0.380.070.590.070.90.510.640.550.90.480.560.360.63-0.190.540.30.490.84-0.22
0.120.290.31-0.010.080.030.01-0.110.21-0.110.230.00.140.020.250.040.050.06-0.070.050.380.30.140.310.48
0.61-0.070.080.660.780.55-0.39-0.240.9-0.240.680.660.880.670.420.870.130.890.770.070.750.490.140.18-0.27
0.640.310.740.40.37-0.22-0.460.350.30.350.670.480.360.510.790.20.680.050.42-0.260.210.840.310.180.07
-0.19-0.15-0.16-0.12-0.03-0.14-0.160.07-0.10.07-0.24-0.05-0.21-0.05-0.21-0.12-0.16-0.12-0.16-0.06-0.1-0.220.48-0.270.07
Click cells to compare fundamentals

Amtech Systems Account Relationship Matchups

Amtech Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets102.1M116.9M133.5M137.0M157.6M165.5M
Other Current Liab(167K)521K5.9M4.4M5.1M6.0M
Total Current Liabilities7.5M15.1M22.6M29.7M34.2M20.1M
Total Stockholder Equity81.5M85.6M98.4M88.4M101.6M106.7M
Property Plant And Equipment Net17.1M22.7M17.8M20.9M24.0M25.3M
Net Debt(34.8M)(19.1M)(35.1M)9.1M8.2M8.6M
Retained Earnings(42.4M)(40.9M)(24.5M)(37.0M)(33.3M)(31.7M)
Cash45.1M32.8M46.9M13.1M15.1M22.1M
Non Current Assets Total25.5M36.0M30.6M55.8M64.2M67.4M
Cash And Short Term Investments45.1M32.8M46.9M13.1M15.1M22.1M
Net Receivables12.6M23.5M25.0M27.1M31.2M32.7M
Common Stock Shares Outstanding14.2M14.3M14.2M14.1M16.2M17.0M
Liabilities And Stockholders Equity102.1M116.9M133.5M137.0M157.6M165.5M
Inventory17.3M22.1M25.5M34.8M40.1M42.1M
Other Stockholder Equity124.4M126.4M124.5M127.0M146.0M153.3M
Total Liab20.6M31.3M35.2M48.7M56.0M58.8M
Property Plant And Equipment Gross17.1M22.7M17.8M29.3M33.7M35.4M
Total Current Assets76.6M80.9M102.9M81.2M93.4M54.3M
Accumulated Other Comprehensive Income(646K)14K(1.8M)(1.7M)(1.5M)(1.6M)
Short Long Term Debt Total10.2M13.7M11.8M22.2M25.5M26.8M
Non Current Liabilities Total13.1M16.2M12.5M18.9M21.8M22.9M
Short Term Debt504K1.5M2.2M4.9M5.6M3.9M
Intangible Assets609K858K758K6.1M7.0M7.4M
Accounts Payable2.7M8.2M7.3M10.8M12.4M13.1M
Non Currrent Assets Other602K661K783K1.1M1.2M1.1M
Other Current Assets1.6M2.4M5.6M6.1M7.0M7.4M
Other Liab3.2M3.2M3.4M2.9M3.4M2.7M
Other Assets487K6.3M1.3M862K991.3K1.7M
Long Term Debt4.8M4.4M220K8.4M9.7M10.2M
Common Stock142K143K141K140K163.3K99.8K
Property Plant Equipment10.2M12.0M14.1M17.8M20.5M21.5M
Current Deferred Revenue1.2M1.6M7.2M8.0M9.2M10.8M
Net Tangible Assets79.9M74.3M73.6M86.4M99.4M79.2M
Capital Surpluse124.3M125.1M124.4M126.4M145.3M117.0M

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.