Applied Non Recurring vs Interest Income Analysis

AMAT Stock

USD 203.38 5.88 2.98%

Applied Materials financial indicator trend analysis is way more than just evaluating Applied Materials prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied Materials is a good investment. Please check the relationship between Applied Materials Non Recurring and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Applied Stock please use our How to Invest in Applied Materials guide.

Non Recurring vs Interest Income

Non Recurring vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applied Materials Non Recurring account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Applied Materials' Non Recurring and Interest Income is -0.38. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Interest Income in the same time period over historical financial statements of Applied Materials, assuming nothing else is changed. The correlation between historical values of Applied Materials' Non Recurring and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Applied Materials are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Non Recurring i.e., Applied Materials' Non Recurring and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Non Recurring

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most indicators from Applied Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied Materials 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 Applied Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Applied Stock please use our How to Invest in Applied Materials guide.At this time, Applied Materials' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 120.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 511.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	12.0B	12.4B	14.2B	15.0B
Total Revenue	25.8B	26.5B	30.5B	32.0B

Gross Profit Total Revenue

Applied Materials fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Short Term Investments
Total Assets		0.89	0.65	0.99	0.98	0.98	-0.03	0.98	0.85	0.97	0.83	0.84	0.95	-0.21	0.91	0.97	0.91	-0.93	0.98	0.92	0.99	0.19	0.22	0.24	0.24	0.3
Short Long Term Debt Total	0.89		0.45	0.88	0.79	0.82	0.19	0.84	0.82	0.84	0.61	0.83	0.81	-0.18	0.98	0.88	0.72	-0.85	0.95	0.7	0.9	0.36	0.35	0.24	0.23	0.38
Other Current Liab	0.65	0.45		0.68	0.65	0.73	-0.01	0.72	0.43	0.72	0.57	0.29	0.7	-0.23	0.53	0.67	0.76	-0.71	0.62	0.73	0.6	-0.41	-0.14	0.03	0.03	-0.47
Total Current Liabilities	0.99	0.88	0.68		0.95	0.98	0.05	0.98	0.79	0.95	0.82	0.78	0.98	-0.25	0.89	0.98	0.93	-0.94	0.97	0.94	0.98	0.2	0.21	0.18	0.17	0.26
Total Stockholder Equity	0.98	0.79	0.65	0.95		0.97	-0.18	0.97	0.85	0.96	0.87	0.83	0.92	-0.14	0.82	0.92	0.92	-0.86	0.91	0.92	0.96	0.15	0.18	0.28	0.28	0.27
Property Plant And Equipment Net	0.98	0.82	0.73	0.98	0.97		0.0	1.0	0.77	0.96	0.88	0.75	0.96	-0.3	0.87	0.98	0.93	-0.94	0.95	0.96	0.96	0.08	0.11	0.13	0.12	0.22
Net Debt	-0.03	0.19	-0.01	0.05	-0.18	0.0		0.0	-0.41	0.03	-0.31	-0.35	0.12	-0.14	0.22	0.14	-0.06	-0.22	0.14	-0.05	-0.06	-0.05	0.1	-0.14	-0.13	0.01
Retained Earnings	0.98	0.84	0.72	0.98	0.97	1.0	0.0		0.78	0.96	0.87	0.76	0.97	-0.32	0.88	0.98	0.93	-0.95	0.96	0.96	0.97	0.12	0.1	0.11	0.11	0.24
Cash	0.85	0.82	0.43	0.79	0.85	0.77	-0.41	0.78		0.76	0.75	0.98	0.69	-0.08	0.78	0.74	0.7	-0.66	0.81	0.68	0.87	0.36	0.27	0.3	0.3	0.35
Non Current Assets Total	0.97	0.84	0.72	0.95	0.96	0.96	0.03	0.96	0.76		0.77	0.74	0.92	-0.09	0.87	0.93	0.9	-0.91	0.94	0.88	0.94	0.06	0.2	0.34	0.34	0.18
Non Currrent Assets Other	0.83	0.61	0.57	0.82	0.87	0.88	-0.31	0.87	0.75	0.77		0.74	0.77	-0.34	0.63	0.82	0.76	-0.73	0.74	0.87	0.84	0.12	0.05	0.01	0.0	0.3
Cash And Short Term Investments	0.84	0.83	0.29	0.78	0.83	0.75	-0.35	0.76	0.98	0.74	0.74		0.67	-0.07	0.79	0.74	0.65	-0.64	0.8	0.65	0.87	0.45	0.34	0.32	0.31	0.52
Net Receivables	0.95	0.81	0.7	0.98	0.92	0.96	0.12	0.97	0.69	0.92	0.77	0.67		-0.33	0.86	0.97	0.94	-0.95	0.94	0.96	0.95	0.12	0.15	0.08	0.08	0.21
Common Stock Shares Outstanding	-0.21	-0.18	-0.23	-0.25	-0.14	-0.3	-0.14	-0.32	-0.08	-0.09	-0.34	-0.07	-0.33		-0.25	-0.36	-0.25	0.42	-0.26	-0.4	-0.26	-0.17	0.52	0.87	0.87	-0.09
Non Current Liabilities Total	0.91	0.98	0.53	0.89	0.82	0.87	0.22	0.88	0.78	0.87	0.63	0.79	0.86	-0.25		0.92	0.75	-0.9	0.97	0.75	0.92	0.22	0.3	0.19	0.19	0.35
Inventory	0.97	0.88	0.67	0.98	0.92	0.98	0.14	0.98	0.74	0.93	0.82	0.74	0.97	-0.36	0.92		0.89	-0.97	0.98	0.93	0.97	0.14	0.17	0.08	0.07	0.28
Other Current Assets	0.91	0.72	0.76	0.93	0.92	0.93	-0.06	0.93	0.7	0.9	0.76	0.65	0.94	-0.25	0.75	0.89		-0.88	0.86	0.95	0.9	0.07	0.04	0.12	0.11	0.06
Other Stockholder Equity	-0.93	-0.85	-0.71	-0.94	-0.86	-0.94	-0.22	-0.95	-0.66	-0.91	-0.73	-0.64	-0.95	0.42	-0.9	-0.97	-0.88		-0.95	-0.9	-0.92	-0.1	-0.09	0.0	0.01	-0.18
Total Liab	0.98	0.95	0.62	0.97	0.91	0.95	0.14	0.96	0.81	0.94	0.74	0.8	0.94	-0.26	0.97	0.98	0.86	-0.95		0.87	0.98	0.22	0.26	0.19	0.18	0.31
Property Plant And Equipment Gross	0.92	0.7	0.73	0.94	0.92	0.96	-0.05	0.96	0.68	0.88	0.87	0.65	0.96	-0.4	0.75	0.93	0.95	-0.9	0.87		0.91	0.08	0.0	-0.03	-0.03	0.19
Total Current Assets	0.99	0.9	0.6	0.98	0.96	0.96	-0.06	0.97	0.87	0.94	0.84	0.87	0.95	-0.26	0.92	0.97	0.9	-0.92	0.98	0.91		0.25	0.23	0.18	0.18	0.36
Short Term Debt	0.19	0.36	-0.41	0.2	0.15	0.08	-0.05	0.12	0.36	0.06	0.12	0.45	0.12	-0.17	0.22	0.14	0.07	-0.1	0.22	0.08	0.25		-0.02	-0.1	-0.1	0.62
Accounts Payable	0.22	0.35	-0.14	0.21	0.18	0.11	0.1	0.1	0.27	0.2	0.05	0.34	0.15	0.52	0.3	0.17	0.04	-0.09	0.26	0.0	0.23	-0.02		0.68	0.68	0.29
Common Stock Total Equity	0.24	0.24	0.03	0.18	0.28	0.13	-0.14	0.11	0.3	0.34	0.01	0.32	0.08	0.87	0.19	0.08	0.12	0.0	0.19	-0.03	0.18	-0.1	0.68		1.0	0.05
Common Stock	0.24	0.23	0.03	0.17	0.28	0.12	-0.13	0.11	0.3	0.34	0.0	0.31	0.08	0.87	0.19	0.07	0.11	0.01	0.18	-0.03	0.18	-0.1	0.68	1.0		0.05
Short Term Investments	0.3	0.38	-0.47	0.26	0.27	0.22	0.01	0.24	0.35	0.18	0.3	0.52	0.21	-0.09	0.35	0.28	0.06	-0.18	0.31	0.19	0.36	0.62	0.29	0.05	0.05

Click cells to compare fundamentals

Applied Materials Account Relationship Matchups

Applied Materials fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.4B	25.8B	26.7B	30.7B	35.3B	37.1B
Short Long Term Debt Total	5.4B	5.5B	5.5B	5.6B	6.4B	6.7B
Other Current Liab	2.0B	2.7B	2.4B	2.8B	3.2B	3.4B
Total Current Liabilities	4.5B	6.3B	7.4B	7.4B	8.5B	8.9B
Total Stockholder Equity	10.6B	12.2B	12.2B	16.3B	18.8B	19.7B
Property Plant And Equipment Net	1.6B	1.9B	2.3B	2.7B	3.1B	3.3B
Net Debt	97M	457M	3.5B	(571M)	(656.7M)	(623.8M)
Retained Earnings	27.2B	32.2B	37.9B	43.7B	50.3B	52.8B
Cash	5.4B	5.0B	2.0B	6.1B	7.1B	7.4B
Non Current Assets Total	9.0B	9.7B	10.8B	11.6B	13.3B	14.0B
Non Currrent Assets Other	260M	229M	691M	2.6B	2.9B	3.1B
Cash And Short Term Investments	5.7B	5.5B	2.6B	6.9B	7.9B	8.3B
Net Receivables	3.0B	5.0B	6.1B	5.2B	5.9B	6.2B
Common Stock Shares Outstanding	923M	919M	877M	845M	760.5M	1.1B
Liabilities And Stockholders Equity	22.4B	25.8B	26.7B	30.7B	35.3B	37.1B
Non Current Liabilities Total	7.3B	7.2B	7.2B	7.0B	8.1B	8.5B
Inventory	3.9B	4.3B	5.9B	5.7B	6.6B	6.9B
Other Current Assets	764M	1.4B	1.3B	1.4B	1.6B	1.7B
Other Stockholder Equity	(16.3B)	(19.7B)	(25.5B)	(27.2B)	(24.5B)	(23.2B)
Total Liab	11.8B	13.6B	14.5B	14.4B	16.5B	17.4B
Property Plant And Equipment Gross	1.9B	5.3B	6.0B	6.9B	7.9B	8.3B
Total Current Assets	13.4B	16.1B	15.9B	19.1B	22.0B	23.1B
Accumulated Other Comprehensive Income	(299M)	(260M)	(202M)	(217M)	(195.3M)	(185.5M)
Short Term Debt	64M	73M	85M	100M	115M	120.8M
Accounts Payable	1.1B	1.5B	1.8B	1.5B	1.7B	1.4B
Short Term Investments	387M	464M	586M	737M	663.3M	1.1B
Good Will	3.5B	3.5B	3.7B	3.7B	4.3B	4.5B
Intangible Assets	153M	104M	339M	294M	338.1M	424.9M
Other Liab	1.7B	1.7B	1.8B	1.7B	2.0B	2.0B
Other Assets	2.0B	2.0B	2.1B	2.5B	2.8B	3.0B
Long Term Debt	5.4B	5.5B	5.5B	5.5B	6.3B	6.6B
Property Plant Equipment	1.6B	1.9B	2.3B	2.7B	3.1B	3.3B
Current Deferred Revenue	1.3B	2.1B	3.1B	3.0B	3.4B	3.6B
Treasury Stock	(23.6B)	(24.2B)	(28.0B)	(34.1B)	(30.7B)	(29.2B)
Net Tangible Assets	4.7B	7.0B	8.7B	8.2B	9.4B	5.6B
Retained Earnings Total Equity	24.4B	27.2B	32.2B	37.9B	43.6B	45.8B
Long Term Debt Total	4.7B	5.4B	5.5B	5.5B	6.3B	3.8B
Capital Surpluse	7.6B	7.9B	8.2B	8.6B	9.9B	7.4B

Pair Trading with Applied Materials

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 Applied Materials 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 Applied Materials will appreciate offsetting losses from the drop in the long position's value.

Moving together with Applied Stock

0.63	MU	Micron Technology Aggressive Push	Pair Corr
0.81	ASX	ASE Industrial Holding	Pair Corr
0.89	TSM	Taiwan Semiconductor Aggressive Push	Pair Corr

Moving against Applied Stock

0.74	WFCF	Where Food Comes	Pair Corr
0.7	UI	Ubiquiti Networks Earnings Call This Week	Pair Corr
0.66	U	Unity Software Aggressive Push	Pair Corr
0.52	WDAY	Workday Financial Report 23rd of May 2024	Pair Corr
0.45	S	SentinelOne Financial Report 6th of June 2024	Pair Corr

The ability to find closely correlated positions to Applied Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Materials 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 Applied Materials - 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 Applied Materials to buy it.

The correlation of Applied Materials 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 Applied Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Materials 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 Applied Materials 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 Applied Materials is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Applied Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Applied Materials Stock. Highlighted below are key reports to facilitate an investment decision about Applied Materials Stock:

How To Invest In Applied

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Is Applied Stock a good investment?

Details

What is Applied Materials' Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Applied Stock please use our How to Invest in Applied Materials guide.

Note that the Applied Materials information on this page should be used as a complementary analysis to other Applied Materials' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Applied Stock analysis

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

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Is Applied Materials' industry 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 Applied Materials. If investors know Applied 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 Applied Materials 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

0.193

Dividend Share

1.28

Earnings Share

8.49

Revenue Per Share

31.662

Quarterly Revenue Growth

(0.01)

The market value of Applied Materials is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Materials' value that differs from its market value or its book value, called intrinsic value, which is Applied Materials' 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 Applied Materials' market value can be influenced by many factors that don't directly affect Applied Materials' 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 Applied Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Materials' 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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Applied Non Recurring vs Interest Income Analysis

Non Recurring vs Interest Income

Non Recurring vs Interest Income Correlation Analysis

Correlation Coefficient

Non Recurring

Interest Income

Applied Materials fundamental ratios Correlations

Applied Materials Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Applied Materials fundamental ratios Accounts

Pair Trading with Applied Materials

Moving together with Applied Stock

Moving against Applied Stock

Complementary Tools for Applied Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Liabilities	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets

Other Stockholder Equity	- 0.97	Inventory
Total Liab	- 0.95	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Net Receivables
Other Stockholder Equity	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.94	Property Plant And Equipment Net
Other Stockholder Equity	- 0.94	Total Current Liabilities