Ames Net Income vs Gross Profit Analysis

ATLO Stock

USD 17.62 0.12 0.68%

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 Net Income and its Gross Profit 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ames National Net Income account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ames National's Net Income and Gross Profit is 0.77. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit 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 Net Income and Gross Profit 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 Income of Ames National are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Ames National's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ames National financial statement analysis. It represents the amount of money remaining after all of Ames National operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ames National minus its cost of goods sold. It is profit before Ames National operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 22nd 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 Expense	4.5M	8.3M	29.7M	31.2M
Depreciation And Amortization	2.0M	2.0M	1.8M	1.4M

Interest Expense Depreciation And Amortization

Ames National fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Accounts Payable	Short Term Investments	Inventory
Total Assets		-0.06	0.53	0.76	0.88	-0.33	0.98	0.5	0.35	0.17	0.18	0.8	0.88	0.39	-0.14	0.45	-0.89	0.01	0.71	-0.25	0.46	0.39	-0.49	0.25	-0.22	-0.34
Short Long Term Debt Total	-0.06		-0.44	-0.23	0.18	0.76	0.02	-0.46	0.69	0.02	-0.03	0.11	0.04	0.58	-0.57	0.64	-0.25	0.83	0.46	-0.07	0.54	0.57	-0.27	-0.36	-0.07	-0.71
Total Current Liabilities	0.53	-0.44		0.52	0.3	-0.57	0.54	0.43	-0.19	0.31	-0.24	0.16	0.39	-0.2	0.17	-0.06	-0.33	-0.36	0.17	0.28	0.32	-0.2	-0.34	0.35	0.28	0.3
Total Stockholder Equity	0.76	-0.23	0.52		0.74	-0.67	0.78	0.75	0.05	-0.05	0.22	0.7	0.59	0.37	-0.05	-0.08	-0.48	-0.34	0.35	-0.19	0.46	0.37	-0.58	0.25	-0.19	-0.1
Property Plant And Equipment Net	0.88	0.18	0.3	0.74		-0.15	0.93	0.35	0.42	0.05	0.2	0.75	0.77	0.63	-0.15	0.45	-0.78	0.23	0.66	-0.23	0.53	0.63	-0.63	-0.04	-0.21	-0.41
Net Debt	-0.33	0.76	-0.57	-0.67	-0.15		-0.29	-0.88	0.5	0.03	-0.14	-0.18	-0.28	0.26	-0.35	0.56	-0.02	0.84	0.28	0.06	-0.01	0.26	0.14	-0.23	0.07	-0.42
Retained Earnings	0.98	0.02	0.54	0.78	0.93	-0.29		0.43	0.31	0.11	0.22	0.78	0.86	0.43	-0.1	0.42	-0.83	0.09	0.68	-0.26	0.57	0.43	-0.62	0.16	-0.24	-0.3
Cash	0.5	-0.46	0.43	0.75	0.35	-0.88	0.43		-0.08	0.07	0.08	0.39	0.51	0.06	-0.01	-0.23	-0.29	-0.65	0.04	-0.1	0.18	0.06	-0.19	0.13	-0.1	-0.05
Non Current Assets Total	0.35	0.69	-0.19	0.05	0.42	0.5	0.31	-0.08		0.28	-0.39	0.3	0.4	0.74	-0.62	0.77	-0.69	0.55	0.74	0.2	0.33	0.74	-0.1	-0.08	0.23	-0.92
Non Currrent Assets Other	0.17	0.02	0.31	-0.05	0.05	0.03	0.11	0.07	0.28		-0.39	-0.06	0.21	-0.14	-0.19	0.32	-0.31	-0.04	0.35	0.26	0.11	-0.14	-0.03	0.32	0.28	-0.22
Other Assets	0.18	-0.03	-0.24	0.22	0.2	-0.14	0.22	0.08	-0.39	-0.39		0.49	0.19	-0.15	0.03	-0.07	0.03	-0.01	0.02	-0.97	0.22	-0.15	-0.31	0.05	-0.97	0.1
Cash And Short Term Investments	0.8	0.11	0.16	0.7	0.75	-0.18	0.78	0.39	0.3	-0.06	0.49		0.61	0.5	-0.43	0.44	-0.73	0.17	0.72	-0.55	0.42	0.5	-0.43	0.19	-0.52	-0.41
Net Receivables	0.88	0.04	0.39	0.59	0.77	-0.28	0.86	0.51	0.4	0.21	0.19	0.61		0.3	-0.19	0.52	-0.83	0.0	0.64	-0.32	0.55	0.3	-0.48	0.08	-0.3	-0.5
Common Stock Total Equity	0.39	0.58	-0.2	0.37	0.63	0.26	0.43	0.06	0.74	-0.14	-0.15	0.5	0.3		-0.41	0.46	-0.53	0.52	0.53	0.11	0.33	1.0	-0.24	-0.31	0.13	-0.65
Common Stock Shares Outstanding	-0.14	-0.57	0.17	-0.05	-0.15	-0.35	-0.1	-0.01	-0.62	-0.19	0.03	-0.43	-0.19	-0.41		-0.66	0.45	-0.46	-0.7	0.14	-0.4	-0.41	0.2	0.03	0.13	0.76
Non Current Liabilities Total	0.45	0.64	-0.06	-0.08	0.45	0.56	0.42	-0.23	0.77	0.32	-0.07	0.44	0.52	0.46	-0.66		-0.77	0.75	0.84	-0.11	0.39	0.46	-0.2	-0.18	-0.09	-0.77
Other Stockholder Equity	-0.89	-0.25	-0.33	-0.48	-0.78	-0.02	-0.83	-0.29	-0.69	-0.31	0.03	-0.73	-0.83	-0.53	0.45	-0.77		-0.31	-0.89	0.12	-0.44	-0.53	0.34	-0.13	0.08	0.66
Total Liab	0.01	0.83	-0.36	-0.34	0.23	0.84	0.09	-0.65	0.55	-0.04	-0.01	0.17	0.0	0.52	-0.46	0.75	-0.31		0.48	-0.04	0.27	0.52	-0.15	-0.47	-0.03	-0.49
Property Plant And Equipment Gross	0.71	0.46	0.17	0.35	0.66	0.28	0.68	0.04	0.74	0.35	0.02	0.72	0.64	0.53	-0.7	0.84	-0.89	0.48		-0.19	0.52	0.53	-0.4	0.23	-0.15	-0.76
Total Current Assets	-0.25	-0.07	0.28	-0.19	-0.23	0.06	-0.26	-0.1	0.2	0.26	-0.97	-0.55	-0.32	0.11	0.14	-0.11	0.12	-0.04	-0.19		-0.29	0.11	0.3	-0.09	1.0	0.12
Short Term Debt	0.46	0.54	0.32	0.46	0.53	-0.01	0.57	0.18	0.33	0.11	0.22	0.42	0.55	0.33	-0.4	0.39	-0.44	0.27	0.52	-0.29		0.33	-0.8	-0.01	-0.29	-0.46
Common Stock	0.39	0.57	-0.2	0.37	0.63	0.26	0.43	0.06	0.74	-0.14	-0.15	0.5	0.3	1.0	-0.41	0.46	-0.53	0.52	0.53	0.11	0.33		-0.24	-0.31	0.13	-0.64
Other Liab	-0.49	-0.27	-0.34	-0.58	-0.63	0.14	-0.62	-0.19	-0.1	-0.03	-0.31	-0.43	-0.48	-0.24	0.2	-0.2	0.34	-0.15	-0.4	0.3	-0.8	-0.24		0.0	0.31	0.22
Accounts Payable	0.25	-0.36	0.35	0.25	-0.04	-0.23	0.16	0.13	-0.08	0.32	0.05	0.19	0.08	-0.31	0.03	-0.18	-0.13	-0.47	0.23	-0.09	-0.01	-0.31	0.0		-0.07	0.09
Short Term Investments	-0.22	-0.07	0.28	-0.19	-0.21	0.07	-0.24	-0.1	0.23	0.28	-0.97	-0.52	-0.3	0.13	0.13	-0.09	0.08	-0.03	-0.15	1.0	-0.29	0.13	0.31	-0.07		0.1
Inventory	-0.34	-0.71	0.3	-0.1	-0.41	-0.42	-0.3	-0.05	-0.92	-0.22	0.1	-0.41	-0.5	-0.65	0.76	-0.77	0.66	-0.49	-0.76	0.12	-0.46	-0.64	0.22	0.09	0.1

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Ames National Account Relationship Matchups

Ames National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	2.0B	2.1B	2.1B	2.2B	1.3B
Short Long Term Debt Total	53.3M	5M	3M	39.1M	110.6M	116.1M
Total Current Liabilities	776.4M	916.4M	1.2B	1.2B	10.4M	9.9M
Total Stockholder Equity	187.6M	209.5M	207.8M	149.1M	165.8M	152.9M
Property Plant And Equipment Net	17.8M	17.3M	17.5M	18.9M	22.5M	14.7M
Net Debt	(138.6M)	(188.5M)	(103.1M)	(3.4M)	46.6M	48.9M
Retained Earnings	146.2M	158.2M	170.4M	179.9M	180.4M	110.7M
Cash	143.6M	191.5M	106.1M	42.6M	64.0M	64.1M
Non Current Assets Total	513.7M	629.9M	863.4M	819.7M	2.8B	2.2B
Non Currrent Assets Other	(1.2B)	(1.7B)	(1.9M)	(22.1M)	(793.3M)	(753.6M)
Other Assets	588.3M	546.1M	326.4M	475.0M	(1.5B)	(1.6B)
Cash And Short Term Investments	623.4M	788.5M	937.1M	829.0M	800.4M	840.4M
Net Receivables	11.8M	11.1M	10.1M	11.3M	13.0M	8.7M
Common Stock Total Equity	18.4M	18.2M	18.2M	18.0M	20.7M	19.8M
Common Stock Shares Outstanding	9.2M	9.1M	9.1M	9.0M	9.0M	7.5M
Liabilities And Stockholders Equity	1.7B	2.0B	2.1B	2.1B	2.2B	1.3B
Non Current Liabilities Total	5M	4.7M	3M	2.0B	2.0B	1.9B
Other Stockholder Equity	18.8M	17.0M	16.4M	14.3M	12.8M	16.7M
Total Liab	5M	4.7M	3M	2.0B	2.0B	2.1B
Property Plant And Equipment Gross	17.8M	17.3M	35.2M	37.2M	41.1M	43.1M
Total Current Assets	635.2M	799.7M	947.2M	840.3M	877.4M	833.5M
Accumulated Other Comprehensive Income	4.1M	16.0M	2.9M	(63.1M)	(46.9M)	(44.5M)
Short Term Debt	44.0M	37.3M	39.9M	40.7M	54.0M	56.7M
Common Stock	18.4M	18.2M	18.2M	18.0M	20.7M	19.8M
Accounts Payable	9.4M	7.7M	1.9B	666K	4.7M	4.5M
Short Term Investments	479.8M	597.0M	831.0M	786.4M	736.4M	699.6M
Inventory	(159.4M)	(202.9M)	(116.2M)	(53.8M)	(1.3B)	(1.2B)
Property Plant Equipment	17.8M	17.3M	17.5M	18.9M	21.7M	14.7M
Long Term Debt	14.6M	5M	3M	39.1M	110.6M	116.1M
Other Current Liab	732.4M	916.4M	1.2B	1.2B	5.7M	5.4M
Net Tangible Assets	171.5M	193.9M	192.8M	134.7M	155.0M	172.4M
Good Will	9.6M	12.1M	12.4M	12.4M	14.3M	9.3M
Retained Earnings Total Equity	146.2M	158.2M	170.4M	179.9M	206.9M	143.1M
Capital Surpluse	18.8M	17.0M	16.4M	14.3M	12.8M	15.9M
Long Term Investments	1.5B	1.7B	831.0M	786.4M	736.4M	926.4M
Non Current Liabilities Other	47.0M	40.3M	42.9M	79.8M	91.8M	56.6M
Intangible Assets	4.0M	3.1M	2.5M	1.9M	1.4M	2.0M

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

0.47	CFG-PH	Citizens Financial Group,	Pair Corr
0.35	KB	KB Financial Group	Pair Corr
0.34	ECBK	ECB Bancorp	Pair Corr
0.31	TECTP	Tectonic Financial	Pair Corr

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 Correlation Correlation 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:

How To Invest In Ames

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Is Ames Stock a good investment?

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What is Ames National's Net Worth?

Details

Largest Banks - Regional Companies

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Largest Financial Services Companies

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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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.

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Ames Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Ames National fundamental ratios Correlations

Ames National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ames National fundamental ratios Accounts

Pair Trading with Ames National

Moving against Ames Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Short Term Investments	+ 1.0	Total Current Assets
Retained Earnings	+ 0.98	Total Assets
Retained Earnings	+ 0.93	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.88	Total Assets
Net Receivables	+ 0.88	Total Assets

Short Term Investments	- 0.97	Other Assets
Total Current Assets	- 0.97	Other Assets
Inventory	- 0.92	Non Current Assets Total
Property Plant And Equipment Gross	- 0.89	Other Stockholder Equity
Other Stockholder Equity	- 0.89	Total Assets
Cash	- 0.88	Net Debt