Ammo Depreciation vs Other Non Cash Items Analysis

POWW Stock  USD 1.24  0.02  1.64%   
Ammo financial indicator trend analysis is way more than just evaluating Ammo Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ammo Inc is a good investment. Please check the relationship between Ammo Depreciation and its Other Non Cash Items accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ammo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ammo Inc Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ammo's Depreciation and Other Non Cash Items is 0.34. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Ammo Inc, assuming nothing else is changed. The correlation between historical values of Ammo's Depreciation 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 Depreciation of Ammo Inc 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 Depreciation i.e., Ammo's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation

Depreciation indicates how much of Ammo Inc value has been used up. For tax purposes Ammo can deduct the cost of the tangible assets it purchases as business expenses. However, Ammo Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

Most indicators from Ammo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ammo Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ammo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Ammo's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 2.75 in 2024, despite the fact that Tax Provision is likely to grow to (3.6 M).

Ammo fundamental ratios Correlations

0.70.971.00.95-0.55-0.580.970.630.980.660.630.97-0.50.980.760.990.821.00.960.920.940.32-0.50.970.45
0.70.710.680.86-0.46-0.870.640.60.660.290.590.57-0.660.80.970.640.640.720.840.830.70.69-0.660.710.4
0.970.710.970.94-0.48-0.60.990.570.970.630.560.97-0.560.980.750.970.750.970.980.920.890.4-0.560.950.47
1.00.680.970.95-0.55-0.560.970.630.980.670.630.97-0.490.970.740.990.821.00.950.910.940.31-0.490.970.44
0.950.860.940.95-0.5-0.720.920.610.940.50.610.88-0.560.980.910.920.760.960.980.990.880.39-0.560.920.55
-0.55-0.46-0.48-0.55-0.50.69-0.41-0.99-0.39-0.2-0.99-0.430.33-0.51-0.42-0.46-0.49-0.58-0.49-0.48-0.8-0.360.33-0.64-0.27
-0.58-0.87-0.6-0.56-0.720.69-0.51-0.79-0.48-0.02-0.78-0.430.49-0.66-0.8-0.47-0.41-0.62-0.7-0.74-0.7-0.620.49-0.61-0.55
0.970.640.990.970.92-0.41-0.510.490.980.630.490.98-0.50.960.70.970.720.960.950.90.860.27-0.50.930.49
0.630.60.570.630.61-0.99-0.790.490.480.231.00.5-0.420.620.560.540.560.670.60.60.860.44-0.420.720.34
0.980.660.970.980.94-0.39-0.480.980.480.660.480.97-0.470.970.740.990.790.970.950.920.850.25-0.470.930.46
0.660.290.630.670.5-0.2-0.020.630.230.660.230.76-0.330.620.320.740.860.630.570.360.580.4-0.330.68-0.34
0.630.590.560.630.61-0.99-0.780.491.00.480.230.5-0.410.610.560.540.550.660.60.590.860.44-0.410.710.34
0.970.570.970.970.88-0.43-0.430.980.50.970.760.5-0.460.940.630.990.80.960.920.830.870.3-0.460.940.34
-0.5-0.66-0.56-0.49-0.560.330.49-0.5-0.42-0.47-0.33-0.41-0.46-0.59-0.62-0.49-0.46-0.52-0.6-0.53-0.51-0.611.0-0.6-0.15
0.980.80.980.970.98-0.51-0.660.960.620.970.620.610.94-0.590.850.960.80.980.990.950.910.44-0.590.960.47
0.760.970.750.740.91-0.42-0.80.70.560.740.320.560.63-0.620.850.710.660.780.870.890.720.54-0.620.740.47
0.990.640.970.990.92-0.46-0.470.970.540.990.740.540.99-0.490.960.710.840.980.940.870.90.31-0.490.960.36
0.820.640.750.820.76-0.49-0.410.720.560.790.860.550.8-0.460.80.660.840.820.770.640.810.52-0.460.85-0.07
1.00.720.971.00.96-0.58-0.620.960.670.970.630.660.96-0.520.980.780.980.820.970.930.950.35-0.520.980.47
0.960.840.980.950.98-0.49-0.70.950.60.950.570.60.92-0.60.990.870.940.770.970.960.890.47-0.60.940.49
0.920.830.920.910.99-0.48-0.740.90.60.920.360.590.83-0.530.950.890.870.640.930.960.840.31-0.530.870.68
0.940.70.890.940.88-0.8-0.70.860.860.850.580.860.87-0.510.910.720.90.810.950.890.840.43-0.510.960.39
0.320.690.40.310.39-0.36-0.620.270.440.250.40.440.3-0.610.440.540.310.520.350.470.310.43-0.610.42-0.18
-0.5-0.66-0.56-0.49-0.560.330.49-0.5-0.42-0.47-0.33-0.41-0.461.0-0.59-0.62-0.49-0.46-0.52-0.6-0.53-0.51-0.61-0.6-0.15
0.970.710.950.970.92-0.64-0.610.930.720.930.680.710.94-0.60.960.740.960.850.980.940.870.960.42-0.60.34
0.450.40.470.440.55-0.27-0.550.490.340.46-0.340.340.34-0.150.470.470.36-0.070.470.490.680.39-0.18-0.150.34
Click cells to compare fundamentals

Ammo Account Relationship Matchups

Ammo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.1M179.4M414.2M412.3M399.9M419.9M
Short Long Term Debt Total14.3M10.6M5.1M14.9M13.1M13.8M
Total Current Liabilities12.2M12.1M35.8M25.5M30.9M32.5M
Total Stockholder Equity19.3M160.3M374.3M372.6M356.6M374.4M
Property Plant And Equipment Net22.3M23.6M40.4M57.2M60.1M63.1M
Net Debt13.4M(107.7M)(18.1M)(24.3M)(42.5M)(40.4M)
Retained Earnings(34.0M)(41.8M)(11.2M)(18.9M)(37.6M)(35.7M)
Accounts Payable5.2M4.4M26.8M18.1M23.2M24.3M
Cash884.3K118.3M23.3M39.1M55.6M58.4M
Non Current Assets Total32.8M33.8M284.5M283.9M268.4M281.8M
Non Currrent Assets Other216.6K1.8M11.4M9.8M349.3K331.8K
Cash And Short Term Investments884.3K118.3M23.3M39.1M55.6M58.4M
Net Receivables3.0M9.0M44.0M29.3M28.2M29.6M
Common Stock Total Equity46.2K93.1K116.5K118.3K106.5K101.1K
Common Stock Shares Outstanding45.6M55.0M114.2M117.2M118.2M124.2M
Liabilities And Stockholders Equity41.1M179.4M414.2M412.3M399.9M419.9M
Non Current Liabilities Total9.6M6.9M4.1M14.3M12.4M13.0M
Inventory4.4M15.9M59.0M54.3M45.6M47.8M
Other Current Assets844.1K2.4M3.4M5.6M2.2M1.2M
Other Stockholder Equity53.2M202.1M385.4M391.4M394.1M413.8M
Total Liab21.8M19.0M39.9M39.7M43.3M45.5M
Total Current Assets9.2M145.6M129.7M128.5M131.5M138.1M
Accumulated Other Comprehensive Income(516.1K)(3.1M)0.0(1.4K)(1.6K)(1.7K)
Short Term Debt5.4M4.3M2.8M3.0M753.1K1.4M
Common Stock46.2K93.1K116.5K118.3K119.2K113.2K
Other Current Liab1.1M3.8M5.6M5.5M4.8M5.1M
Net Tangible Assets9.0M152.1M141.6M153.0M175.9M184.7M
Short Long Term Debt5.0M3.6M2.0M2.6M273.5K259.8K
Intangible Assets10.3M8.3M141.8M128.8M115.6M121.4M
Other Assets(810K)1.8M11.4M7.0M1.00.95
Net Invested Capital30.1M168.8M376.5M386.1M367.6M215.8M
Net Working Capital(3.1M)133.5M93.9M103.0M100.6M68.0M
Property Plant Equipment21.5M21.6M37.6M56.0M64.4M67.6M
Other Liab709.6K589.9K1.7M2.4M2.8M3.0M
Long Term Debt5.8M4M38.3K10.9M10.7M7.4M
Capital Stock46.2K93.1K117.9K119.7K120.6K99.3K

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