DIT Stock | | | USD 125.13 4.10 3.39% |
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 Total Liab and its Property Plant And Equipment Net 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.
Total Liab vs Property Plant And Equipment Net
Total Liab vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AMCON Distributing Total Liab account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between AMCON Distributing's Total Liab and Property Plant And Equipment Net is 0.7. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net 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 Total Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of AMCON Distributing are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., AMCON Distributing's Total Liab and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.
Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas
Tax Provision is likely to drop slightly above 4
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 127.7M | 170.8M | 2.854752348E15 | 2.9974899654E15 | Total Revenue | 2.0B | 2.5B | 2.854752348E15 | 2.9974899654E15 |
AMCON Distributing fundamental ratios Correlations
Click cells to compare fundamentals
AMCON Distributing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AMCON Distributing fundamental ratios Accounts
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Additional Tools for AMCON Stock Analysis
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