Ames Dividends Paid vs Other Non Cash Items Analysis

ATLO Stock  USD 16.99  0.09  0.53%   
Ames National financial indicator trend analysis is way more than just evaluating Ames National prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ames National is a good investment. Please check the relationship between Ames National Dividends Paid and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.

Dividends Paid vs Other Non Cash Items

Dividends Paid vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ames National Dividends Paid account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ames National's Dividends Paid and Other Non Cash Items is 0.47. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Ames National, assuming nothing else is changed. The correlation between historical values of Ames National's Dividends Paid and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Ames National are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Dividends Paid i.e., Ames National's Dividends Paid and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Other Non Cash Items

Most indicators from Ames National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ames National 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 Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.At this time, Ames National's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 9.89, while Selling General Administrative is likely to drop about 16 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.5M8.3M29.7M31.2M
Depreciation And Amortization2.0M2.0M1.8M1.4M

Ames National fundamental ratios Correlations

-0.060.530.760.88-0.330.980.50.350.250.180.80.880.39-0.140.45-0.890.010.71-0.250.460.39-0.490.25-0.22-0.34
-0.06-0.44-0.230.180.760.02-0.460.690.4-0.030.110.040.58-0.570.64-0.250.830.46-0.070.540.57-0.27-0.36-0.07-0.71
0.53-0.440.520.3-0.570.540.43-0.190.05-0.240.160.39-0.20.17-0.06-0.33-0.360.170.280.32-0.2-0.340.350.280.3
0.76-0.230.520.74-0.670.780.750.05-0.050.220.70.590.37-0.05-0.08-0.48-0.340.35-0.190.460.37-0.580.25-0.19-0.1
0.880.180.30.74-0.150.930.350.420.20.20.750.770.63-0.150.45-0.780.230.66-0.230.530.63-0.63-0.04-0.21-0.41
-0.330.76-0.57-0.67-0.15-0.29-0.880.50.29-0.14-0.18-0.280.26-0.350.56-0.020.840.280.06-0.010.260.14-0.230.07-0.42
0.980.020.540.780.93-0.290.430.310.180.220.780.860.43-0.10.42-0.830.090.68-0.260.570.43-0.620.16-0.24-0.3
0.5-0.460.430.750.35-0.880.43-0.080.010.080.390.510.06-0.01-0.23-0.29-0.650.04-0.10.180.06-0.190.13-0.1-0.05
0.350.69-0.190.050.420.50.31-0.080.67-0.390.30.40.74-0.620.77-0.690.550.740.20.330.74-0.1-0.080.23-0.92
0.250.40.05-0.050.20.290.180.010.67-0.360.120.350.21-0.530.63-0.520.260.630.160.290.21-0.110.180.18-0.66
0.18-0.03-0.240.220.2-0.140.220.08-0.39-0.360.490.19-0.150.03-0.070.03-0.010.02-0.970.22-0.15-0.310.05-0.970.1
0.80.110.160.70.75-0.180.780.390.30.120.490.610.5-0.430.44-0.730.170.72-0.550.420.5-0.430.19-0.52-0.41
0.880.040.390.590.77-0.280.860.510.40.350.190.610.3-0.190.52-0.830.00.64-0.320.550.3-0.480.08-0.3-0.5
0.390.58-0.20.370.630.260.430.060.740.21-0.150.50.3-0.410.46-0.530.520.530.110.331.0-0.24-0.310.13-0.65
-0.14-0.570.17-0.05-0.15-0.35-0.1-0.01-0.62-0.530.03-0.43-0.19-0.41-0.660.45-0.46-0.70.14-0.4-0.410.20.030.130.76
0.450.64-0.06-0.080.450.560.42-0.230.770.63-0.070.440.520.46-0.66-0.770.750.84-0.110.390.46-0.2-0.18-0.09-0.77
-0.89-0.25-0.33-0.48-0.78-0.02-0.83-0.29-0.69-0.520.03-0.73-0.83-0.530.45-0.77-0.31-0.890.12-0.44-0.530.34-0.130.080.66
0.010.83-0.36-0.340.230.840.09-0.650.550.26-0.010.170.00.52-0.460.75-0.310.48-0.040.270.52-0.15-0.47-0.03-0.49
0.710.460.170.350.660.280.680.040.740.630.020.720.640.53-0.70.84-0.890.48-0.190.520.53-0.40.23-0.15-0.76
-0.25-0.070.28-0.19-0.230.06-0.26-0.10.20.16-0.97-0.55-0.320.110.14-0.110.12-0.04-0.19-0.290.110.3-0.091.00.12
0.460.540.320.460.53-0.010.570.180.330.290.220.420.550.33-0.40.39-0.440.270.52-0.290.33-0.8-0.01-0.29-0.46
0.390.57-0.20.370.630.260.430.060.740.21-0.150.50.31.0-0.410.46-0.530.520.530.110.33-0.24-0.310.13-0.64
-0.49-0.27-0.34-0.58-0.630.14-0.62-0.19-0.1-0.11-0.31-0.43-0.48-0.240.2-0.20.34-0.15-0.40.3-0.8-0.240.00.310.22
0.25-0.360.350.25-0.04-0.230.160.13-0.080.180.050.190.08-0.310.03-0.18-0.13-0.470.23-0.09-0.01-0.310.0-0.070.09
-0.22-0.070.28-0.19-0.210.07-0.24-0.10.230.18-0.97-0.52-0.30.130.13-0.090.08-0.03-0.151.0-0.290.130.31-0.070.1
-0.34-0.710.3-0.1-0.41-0.42-0.3-0.05-0.92-0.660.1-0.41-0.5-0.650.76-0.770.66-0.49-0.760.12-0.46-0.640.220.090.1
Click cells to compare fundamentals

Ames National Account Relationship Matchups

Ames National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.0B2.1B2.1B2.2B1.3B
Short Long Term Debt Total53.3M5M3M39.1M110.6M116.1M
Total Current Liabilities776.4M916.4M1.2B1.2B10.4M9.9M
Total Stockholder Equity187.6M209.5M207.8M149.1M165.8M152.9M
Property Plant And Equipment Net17.8M17.3M17.5M18.9M22.5M14.7M
Net Debt(138.6M)(188.5M)(103.1M)(3.4M)46.6M48.9M
Retained Earnings146.2M158.2M170.4M179.9M180.4M110.7M
Cash143.6M191.5M106.1M42.6M64.0M64.1M
Non Current Assets Total513.7M629.9M863.4M819.7M2.8B2.2B
Non Currrent Assets Other(1.2B)(1.7B)(1.9M)(22.1M)2.0B2.1B
Other Assets588.3M546.1M326.4M475.0M(1.5B)(1.6B)
Cash And Short Term Investments623.4M788.5M937.1M829.0M800.4M840.4M
Net Receivables11.8M11.1M10.1M11.3M13.0M8.7M
Common Stock Total Equity18.4M18.2M18.2M18.0M20.7M19.8M
Common Stock Shares Outstanding9.2M9.1M9.1M9.0M9.0M7.5M
Liabilities And Stockholders Equity1.7B2.0B2.1B2.1B2.2B1.3B
Non Current Liabilities Total5M4.7M3M2.0B2.0B1.9B
Other Stockholder Equity18.8M17.0M16.4M14.3M12.8M16.7M
Total Liab5M4.7M3M2.0B2.0B2.1B
Property Plant And Equipment Gross17.8M17.3M35.2M37.2M41.1M43.1M
Total Current Assets635.2M799.7M947.2M840.3M877.4M833.5M
Accumulated Other Comprehensive Income4.1M16.0M2.9M(63.1M)(46.9M)(44.5M)
Short Term Debt44.0M37.3M39.9M40.7M54.0M56.7M
Common Stock18.4M18.2M18.2M18.0M20.7M19.8M
Accounts Payable9.4M7.7M1.9B666K4.7M4.5M
Short Term Investments479.8M597.0M831.0M786.4M736.4M699.6M
Inventory(159.4M)(202.9M)(116.2M)(53.8M)(1.3B)(1.2B)
Property Plant Equipment17.8M17.3M17.5M18.9M21.7M14.7M
Long Term Debt14.6M5M3M39.1M110.6M116.1M
Other Current Liab732.4M916.4M1.2B1.2B5.7M5.4M
Net Tangible Assets171.5M193.9M192.8M134.7M155.0M172.4M
Good Will9.6M12.1M12.4M12.4M14.3M9.3M
Retained Earnings Total Equity146.2M158.2M170.4M179.9M206.9M143.1M
Capital Surpluse18.8M17.0M16.4M14.3M12.8M15.9M
Long Term Investments1.5B1.7B831.0M786.4M736.4M926.4M
Non Current Liabilities Other47.0M40.3M42.9M79.8M91.8M56.6M
Intangible Assets4.0M3.1M2.5M1.9M1.4M2.0M

Pair Trading with Ames National

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 Ames National 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 Ames National will appreciate offsetting losses from the drop in the long position's value.

Moving against Ames Stock

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  0.36TECTP Tectonic FinancialPairCorr
The ability to find closely correlated positions to Ames National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ames National 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 Ames National - 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 Ames National to buy it.
The correlation of Ames National 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 Ames National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ames National 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 Ames National 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
When determining whether Ames National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ames National'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 Ames National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ames National Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks 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 Ames National. If investors know Ames 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 Ames National 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
(0.24)
Dividend Share
1.01
Earnings Share
0.97
Revenue Per Share
5.679
Quarterly Revenue Growth
(0.01)
The market value of Ames National is measured differently than its book value, which is the value of Ames that is recorded on the company's balance sheet. Investors also form their own opinion of Ames National's value that differs from its market value or its book value, called intrinsic value, which is Ames National'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 Ames National's market value can be influenced by many factors that don't directly affect Ames National'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 Ames National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ames National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ames National'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.