Ambarella Inventory vs Other Current Liab Analysis

AMBA Stock  USD 49.01  1.13  2.36%   
Ambarella financial indicator trend analysis is way more than just evaluating Ambarella prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambarella is a good investment. Please check the relationship between Ambarella Inventory and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambarella. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Ambarella Stock refer to our How to Trade Ambarella Stock guide.

Inventory vs Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambarella Inventory account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ambarella's Inventory and Other Current Liab is 0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Ambarella, assuming nothing else is changed. The correlation between historical values of Ambarella's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Ambarella are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Ambarella's Inventory and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Other Current Liab

Most indicators from Ambarella's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambarella 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 Ambarella. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Ambarella Stock refer to our How to Trade Ambarella Stock guide.The current year's Tax Provision is expected to grow to about 21.9 M, whereas Selling General Administrative is forecasted to decline to about 45.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit208.1M208.9M132.0M150.0M
Total Revenue331.9M337.6M226.5M238.9M

Ambarella fundamental ratios Correlations

0.850.931.00.85-0.65-0.510.230.830.540.67-0.190.640.680.860.880.58-0.210.90.770.740.680.550.73-0.10.71
0.850.930.810.91-0.48-0.09-0.070.740.140.74-0.210.330.580.670.750.480.040.860.70.740.820.590.43-0.50.76
0.930.930.90.9-0.55-0.27-0.020.90.320.78-0.260.390.670.760.820.38-0.070.940.710.790.830.650.5-0.20.79
1.00.810.90.81-0.66-0.550.280.810.590.63-0.180.680.690.890.870.59-0.30.880.790.720.610.520.76-0.070.67
0.850.910.90.81-0.68-0.06-0.070.710.110.78-0.160.290.470.650.670.430.090.890.670.740.830.590.38-0.20.8
-0.65-0.48-0.55-0.66-0.680.19-0.01-0.51-0.24-0.520.27-0.44-0.22-0.64-0.46-0.560.24-0.61-0.7-0.63-0.35-0.54-0.48-0.26-0.61
-0.51-0.09-0.27-0.55-0.060.19-0.76-0.41-0.990.16-0.17-0.89-0.4-0.55-0.49-0.480.48-0.27-0.31-0.040.040.1-0.88-0.240.11
0.23-0.07-0.020.28-0.07-0.01-0.760.060.71-0.480.710.670.260.230.160.41-0.270.090.11-0.43-0.2-0.610.650.15-0.46
0.830.740.90.810.71-0.51-0.410.060.440.64-0.310.420.640.760.80.26-0.240.860.760.680.640.590.52-0.130.62
0.540.140.320.590.11-0.24-0.990.710.44-0.080.090.910.420.580.530.5-0.470.310.350.130.01-0.010.90.22-0.03
0.670.740.780.630.78-0.520.16-0.480.64-0.08-0.6-0.030.50.50.60.050.030.770.540.930.720.880.08-0.180.98
-0.19-0.21-0.26-0.18-0.160.27-0.170.71-0.310.09-0.60.070.06-0.21-0.290.020.06-0.11-0.24-0.72-0.23-0.870.060.09-0.62
0.640.330.390.680.29-0.44-0.890.670.420.91-0.030.070.320.610.580.82-0.340.360.470.230.150.070.990.060.08
0.680.580.670.690.47-0.22-0.40.260.640.420.50.060.320.680.640.09-0.460.780.560.460.320.250.45-0.150.45
0.860.670.760.890.65-0.64-0.550.230.760.580.5-0.210.610.680.770.46-0.630.770.870.640.30.470.69-0.030.52
0.880.750.820.870.67-0.46-0.490.160.80.530.6-0.290.580.640.770.48-0.210.790.740.690.590.550.67-0.210.63
0.580.480.380.590.43-0.56-0.480.410.260.50.050.020.820.090.460.48-0.050.30.490.290.30.150.8-0.180.19
-0.210.04-0.07-0.30.090.240.48-0.27-0.24-0.470.030.06-0.34-0.46-0.63-0.21-0.05-0.16-0.47-0.120.5-0.03-0.37-0.170.05
0.90.860.940.880.89-0.61-0.270.090.860.310.77-0.110.360.780.770.790.3-0.160.760.720.720.540.48-0.130.76
0.770.70.710.790.67-0.7-0.310.110.760.350.54-0.240.470.560.870.740.49-0.470.760.630.350.510.55-0.240.55
0.740.740.790.720.74-0.63-0.04-0.430.680.130.93-0.720.230.460.640.690.29-0.120.720.630.650.950.31-0.160.96
0.680.820.830.610.83-0.350.04-0.20.640.010.72-0.230.150.320.30.590.30.50.720.350.650.580.23-0.280.74
0.550.590.650.520.59-0.540.1-0.610.59-0.010.88-0.870.070.250.470.550.15-0.030.540.510.950.580.13-0.150.91
0.730.430.50.760.38-0.48-0.880.650.520.90.080.060.990.450.690.670.8-0.370.480.550.310.230.130.030.17
-0.1-0.5-0.2-0.07-0.2-0.26-0.240.15-0.130.22-0.180.090.06-0.15-0.03-0.21-0.18-0.17-0.13-0.24-0.16-0.28-0.150.03-0.14
0.710.760.790.670.8-0.610.11-0.460.62-0.030.98-0.620.080.450.520.630.190.050.760.550.960.740.910.17-0.14
Click cells to compare fundamentals

Ambarella Account Relationship Matchups

Ambarella fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets527.3M573.3M657.5M710.2M657.7M429.9M
Other Current Liab35.7M49.1M53.3M60.8M50.1M26.7M
Total Current Liabilities53.5M74.0M89.3M83.5M83.0M54.7M
Total Stockholder Equity448.1M475.0M547.2M606.1M559.9M354.6M
Property Plant And Equipment Net15.5M15.2M21.3M20.2M15.7M9.0M
Current Deferred Revenue701K844K1.4M1.3M894K849.3K
Net Debt(221.2M)(230.8M)(159.3M)(104.9M)(139.6M)(146.6M)
Retained Earnings186.1M126.3M99.9M34.5M(134.9M)(128.2M)
Accounts Payable14.9M21.1M31.2M17.8M28.5M17.2M
Cash231.4M241.3M171.0M113.5M144.9M188.9M
Non Current Assets Total76.1M76.0M390.8M405.6M377.5M396.4M
Non Currrent Assets Other5.7M4.6M4.3M4.0M(52.3M)(49.7M)
Cash And Short Term Investments404.7M440.7M171.0M206.9M219.9M259.2M
Net Receivables18.5M25.0M44.3M52.0M25.0M29.8M
Common Stock Shares Outstanding33.1M34.7M36.6M38.4M39.9M33.9M
Short Term Investments173.3M199.4M0.093.3M75.0M70.4M
Liabilities And Stockholders Equity527.3M573.3M657.5M710.2M657.7M429.9M
Non Current Liabilities Total25.8M24.3M21.1M20.6M14.8M15.0M
Inventory23.0M26.1M45.2M40.5M29.0M22.1M
Other Current Assets5.0M5.5M6.2M5.3M6.2M4.9M
Other Stockholder Equity261.2M347.5M447.3M572.1M695.0M729.7M
Total Liab79.2M98.3M110.4M104.1M97.8M75.3M
Property Plant And Equipment Gross5.6M15.2M21.3M20.2M42.3M44.4M
Total Current Assets451.2M497.3M266.7M304.6M280.2M316.0M
Accumulated Other Comprehensive Income768K1.2M0.0(492K)(183K)(192.2K)
Short Term Debt2.2M2.9M3.4M3.5M3.4M4.4M
Intangible Assets17.8M18.7M46.3M58.5M55.1M57.9M
Other Liab17.8M16.8M12.8M15.5M17.9M9.0M
Other Assets16.1M15.5M19.6M23.3M26.8M28.1M
Property Plant Equipment5.6M15.2M21.3M20.2M23.2M24.3M
Net Tangible Assets403.6M429.7M197.2M244.0M280.6M334.6M
Retained Earnings Total Equity230.9M186.1M126.3M99.9M114.9M163.1M
Capital Surpluse188.5M261.2M347.5M447.3M514.4M540.1M
Non Current Liabilities Other25.8M16.8M12.8M15.5M12.1M10.9M
Net Invested Capital448.1M475.0M547.2M606.1M559.9M555.9M
Net Working Capital397.7M423.3M177.5M221.2M197.2M254.6M

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When determining whether Ambarella offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ambarella's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ambarella Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ambarella Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambarella. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Ambarella Stock refer to our How to Trade Ambarella Stock guide.
Note that the Ambarella information on this page should be used as a complementary analysis to other Ambarella's 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is Ambarella's 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 Ambarella. If investors know Ambarella 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 Ambarella listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.25)
Revenue Per Share
5.679
Quarterly Revenue Growth
(0.38)
Return On Assets
(0.14)
Return On Equity
(0.29)
The market value of Ambarella is measured differently than its book value, which is the value of Ambarella that is recorded on the company's balance sheet. Investors also form their own opinion of Ambarella's value that differs from its market value or its book value, called intrinsic value, which is Ambarella's 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 Ambarella's market value can be influenced by many factors that don't directly affect Ambarella's 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 Ambarella's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ambarella is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ambarella's 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.