Ammo Net Income vs Change To Inventory Analysis
POWW Stock | USD 1.22 0.07 5.43% |
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 Net Income and its Change To Inventory 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.
Net Income vs Change To Inventory
Net Income vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ammo Inc Net Income account and Change To Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Ammo's Net Income and Change To Inventory is -0.84. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Inventory 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 Net Income and Change To Inventory 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 Ammo Inc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Net Income i.e., Ammo's Net Income and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ammo Inc financial statement analysis. It represents the amount of money remaining after all of Ammo Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.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
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Ammo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ammo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 41.1M | 179.4M | 414.2M | 412.3M | 399.9M | 419.9M | |
Short Long Term Debt Total | 14.3M | 10.6M | 5.1M | 14.9M | 13.1M | 13.8M | |
Total Current Liabilities | 12.2M | 12.1M | 35.8M | 25.5M | 30.9M | 32.5M | |
Total Stockholder Equity | 19.3M | 160.3M | 374.3M | 372.6M | 356.6M | 374.4M | |
Property Plant And Equipment Net | 22.3M | 23.6M | 40.4M | 57.2M | 60.1M | 63.1M | |
Net Debt | 13.4M | (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 Payable | 5.2M | 4.4M | 26.8M | 18.1M | 23.2M | 24.3M | |
Cash | 884.3K | 118.3M | 23.3M | 39.1M | 55.6M | 58.4M | |
Non Current Assets Total | 32.8M | 33.8M | 284.5M | 283.9M | 268.4M | 281.8M | |
Non Currrent Assets Other | 216.6K | 1.8M | 11.4M | 9.8M | 349.3K | 331.8K | |
Cash And Short Term Investments | 884.3K | 118.3M | 23.3M | 39.1M | 55.6M | 58.4M | |
Net Receivables | 3.0M | 9.0M | 44.0M | 29.3M | 28.2M | 29.6M | |
Common Stock Total Equity | 46.2K | 93.1K | 116.5K | 118.3K | 106.5K | 101.1K | |
Common Stock Shares Outstanding | 45.6M | 55.0M | 114.2M | 117.2M | 118.2M | 124.2M | |
Liabilities And Stockholders Equity | 41.1M | 179.4M | 414.2M | 412.3M | 399.9M | 419.9M | |
Non Current Liabilities Total | 9.6M | 6.9M | 4.1M | 14.3M | 12.4M | 13.0M | |
Inventory | 4.4M | 15.9M | 59.0M | 54.3M | 45.6M | 47.8M | |
Other Current Assets | 844.1K | 2.4M | 3.4M | 5.6M | 2.2M | 1.2M | |
Other Stockholder Equity | 53.2M | 202.1M | 385.4M | 391.4M | 394.1M | 413.8M | |
Total Liab | 21.8M | 19.0M | 39.9M | 39.7M | 43.3M | 45.5M | |
Total Current Assets | 9.2M | 145.6M | 129.7M | 128.5M | 131.5M | 138.1M | |
Accumulated Other Comprehensive Income | (516.1K) | (3.1M) | 0.0 | (1.4K) | (1.6K) | (1.7K) | |
Short Term Debt | 5.4M | 4.3M | 2.8M | 3.0M | 753.1K | 1.4M | |
Common Stock | 46.2K | 93.1K | 116.5K | 118.3K | 119.2K | 113.2K | |
Other Current Liab | 1.1M | 3.8M | 5.6M | 5.5M | 4.8M | 5.1M | |
Net Tangible Assets | 9.0M | 152.1M | 141.6M | 153.0M | 175.9M | 184.7M | |
Short Long Term Debt | 5.0M | 3.6M | 2.0M | 2.6M | 273.5K | 259.8K | |
Intangible Assets | 10.3M | 8.3M | 141.8M | 128.8M | 115.6M | 121.4M | |
Other Assets | (810K) | 1.8M | 11.4M | 7.0M | 1.0 | 0.95 | |
Net Invested Capital | 30.1M | 168.8M | 376.5M | 386.1M | 367.6M | 215.8M | |
Net Working Capital | (3.1M) | 133.5M | 93.9M | 103.0M | 100.6M | 68.0M | |
Property Plant Equipment | 21.5M | 21.6M | 37.6M | 56.0M | 64.4M | 67.6M | |
Other Liab | 709.6K | 589.9K | 1.7M | 2.4M | 2.8M | 3.0M | |
Long Term Debt | 5.8M | 4M | 38.3K | 10.9M | 10.7M | 7.4M | |
Capital Stock | 46.2K | 93.1K | 117.9K | 119.7K | 120.6K | 99.3K |
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