AMCON Ebit vs Depreciation And Amortization Analysis

DIT Stock  USD 134.07  0.75  0.56%   
AMCON Distributing financial indicator trend analysis is way more than just evaluating AMCON Distributing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMCON Distributing is a good investment. Please check the relationship between AMCON Distributing Ebit and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.

Ebit vs Depreciation And Amortization

Ebit vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMCON Distributing Ebit account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between AMCON Distributing's Ebit and Depreciation And Amortization is 0.7. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of AMCON Distributing, assuming nothing else is changed. The correlation between historical values of AMCON Distributing's Ebit and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of AMCON Distributing are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebit i.e., AMCON Distributing's Ebit and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from AMCON Distributing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMCON Distributing 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.At this time, AMCON Distributing's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.9 M in 2024, despite the fact that Enterprise Value is likely to grow to (734.7 B).
 2021 2022 2023 2024 (projected)
Gross Profit127.7M170.8M182.4M191.5M
Total Revenue2.0B2.5B2.7B2.8B

AMCON Distributing fundamental ratios Correlations

0.980.990.990.940.70.980.950.980.70.70.70.7-0.160.820.70.70.70.20.990.970.70.940.780.70.49
0.980.960.960.860.681.00.90.950.680.680.680.68-0.310.870.680.680.680.220.990.960.680.940.810.680.45
0.990.960.990.960.660.950.970.980.660.660.660.66-0.110.810.660.660.660.190.980.940.660.920.780.660.51
0.990.960.990.940.760.960.931.00.760.760.760.76-0.110.790.760.760.760.150.980.970.760.960.750.760.45
0.940.860.960.940.640.860.980.940.640.640.640.640.090.70.640.640.640.220.90.860.640.830.680.640.58
0.70.680.660.760.640.680.590.791.01.01.01.0-0.010.511.01.01.00.10.70.811.00.770.471.00.25
0.981.00.950.960.860.680.90.950.680.680.680.68-0.310.870.680.680.680.220.990.960.680.940.810.680.45
0.950.90.970.930.980.590.90.920.590.590.590.59-0.070.810.590.590.590.270.910.850.590.860.80.590.61
0.980.950.981.00.940.790.950.920.790.790.790.79-0.080.760.790.790.790.150.970.980.790.940.720.790.45
0.70.680.660.760.641.00.680.590.791.01.01.0-0.010.511.01.01.00.10.70.811.00.770.471.00.25
0.70.680.660.760.641.00.680.590.791.01.01.0-0.010.511.01.01.00.10.70.811.00.770.471.00.25
0.70.680.660.760.641.00.680.590.791.01.01.0-0.010.511.01.01.00.10.70.811.00.770.471.00.25
0.70.680.660.760.641.00.680.590.791.01.01.0-0.010.511.01.01.00.10.70.811.00.770.471.00.25
-0.16-0.31-0.11-0.110.09-0.01-0.31-0.07-0.08-0.01-0.01-0.01-0.01-0.49-0.01-0.01-0.01-0.41-0.23-0.19-0.01-0.3-0.45-0.01-0.13
0.820.870.810.790.70.510.870.810.760.510.510.510.51-0.490.510.510.510.250.840.750.510.850.890.510.45
0.70.680.660.760.641.00.680.590.791.01.01.01.0-0.010.511.01.00.10.70.811.00.770.471.00.25
0.70.680.660.760.641.00.680.590.791.01.01.01.0-0.010.511.01.00.10.70.811.00.770.471.00.25
0.70.680.660.760.641.00.680.590.791.01.01.01.0-0.010.511.01.00.10.70.811.00.770.471.00.25
0.20.220.190.150.220.10.220.270.150.10.10.10.1-0.410.250.10.10.10.180.170.10.170.280.10.39
0.990.990.980.980.90.70.990.910.970.70.70.70.7-0.230.840.70.70.70.180.970.70.950.790.70.45
0.970.960.940.970.860.810.960.850.980.810.810.810.81-0.190.750.810.810.810.170.970.810.940.680.810.38
0.70.680.660.760.641.00.680.590.791.01.01.01.0-0.010.511.01.01.00.10.70.810.770.471.00.25
0.940.940.920.960.830.770.940.860.940.770.770.770.77-0.30.850.770.770.770.170.950.940.770.770.770.41
0.780.810.780.750.680.470.810.80.720.470.470.470.47-0.450.890.470.470.470.280.790.680.470.770.470.44
0.70.680.660.760.641.00.680.590.791.01.01.01.0-0.010.511.01.01.00.10.70.811.00.770.470.25
0.490.450.510.450.580.250.450.610.450.250.250.250.25-0.130.450.250.250.250.390.450.380.250.410.440.25
Click cells to compare fundamentals

AMCON Distributing Account Relationship Matchups

AMCON Distributing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets188.0M188.4M289.1M363.4M374.1M392.8M
Short Long Term Debt Total84.7M67.4M120.5M177.5M168.8M177.3M
Other Current Liab13.6M16.0M24.0M25.5M26.5M27.8M
Total Current Liabilities41.9M47.1M72.0M76.6M93.2M97.9M
Total Stockholder Equity64.8M77.6M92.8M104.2M111.7M117.3M
Property Plant And Equipment Net36.4M33.9M68.0M103.8M131.6T138.1T
Net Debt84.1M66.9M120.1M176.7M168.2M176.6M
Retained Earnings71.4M83.6M96.8M104.8M108.6M114.0M
Accounts Payable22.1M24.2M40.0M43.1M54.5M57.2M
Non Current Assets Total52.0M51.8M78.1M117.8M145.0T152.3T
Non Currrent Assets Other383.8K334.8K3.0M2.9M3.0T3.1T
Cash And Short Term Investments661.2K519.6K431.6K790.9K672.8B706.4B
Net Receivables34.3M35.8M63.2M72.7M70.7T74.2T
Common Stock Shares Outstanding568.0K568.1K583.1K595.9K606.8K685.9K
Liabilities And Stockholders Equity188.0M188.4M289.1M363.4M374.1M392.8M
Non Current Liabilities Total81.3M63.7M124.3M182.6M169.1T177.6T
Inventory99.0M95.2M134.7M158.6M144.3T151.5T
Other Current Assets2.1M5.0M12.7M13.6M13.5T14.2T
Other Stockholder Equity(6.6M)(5.9M)(4.0M)(686.8K)3.2M3.3M
Total Liab123.2M110.8M196.3M259.3M262.4M275.5M
Property Plant And Equipment Gross36.4M33.9M101.6M144.0M179.4M188.3M
Total Current Assets136.0M136.6M211.0M245.7M229.1T240.5T
Short Term Debt6.1M6.1M8.0M8.0M12.2M12.9M
Cash661.2K519.6K431.6K790.9K672.8B706.4B
Other Liab1.9M2.7M2.3M2.4M2.8M2.4M
Other Assets3.9M3.7M2.8M(374.1T)(336.7T)(319.9T)
Long Term Debt62.0M48.7M98.6M152.1M137.8M144.7M
Common Stock Total Equity8.4K8.6K8.7K9.2K8.3K8.3K
Common Stock8.7K8.8K9.2K9.4K9.6K8.6K
Property Plant Equipment17.7M17.5M33.9M68.0M78.2M82.1M
Net Tangible Assets58.9M76.5M72.7M85.5M98.3M62.8M
Retained Earnings Total Equity63.8M66.4M71.4M96.8M111.3M63.3M
Long Term Debt Total60.4M62.0M48.7M91.3M105.0M110.2M
Capital Surpluse23.2M24.3M24.9M26.9M30.9M20.6M

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Additional Tools for AMCON Stock Analysis

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