AMN Income Before Tax vs Depreciation And Amortization Analysis

AMN Stock  USD 59.06  1.12  1.86%   
AMN Healthcare financial indicator trend analysis is way more than just evaluating AMN Healthcare Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMN Healthcare Services is a good investment. Please check the relationship between AMN Healthcare Income Before Tax and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMN Healthcare Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMN Healthcare Services Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between AMN Healthcare's Income Before Tax and Depreciation And Amortization is 0.74. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of AMN Healthcare Services, assuming nothing else is changed. The correlation between historical values of AMN Healthcare's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of AMN Healthcare Services are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., AMN Healthcare's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on AMN Healthcare income statement and is an important metric when analyzing AMN Healthcare Services profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from AMN Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMN Healthcare Services 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 AMN Healthcare Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, AMN Healthcare's Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Discontinued Operations is likely to grow to about 993.8 K, while Sales General And Administrative To Revenue is likely to drop 0.16.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.7B1.1B1.1B
Total Revenue4.0B5.2B3.8B4.0B

AMN Healthcare fundamental ratios Correlations

0.940.860.950.870.890.930.770.910.930.920.660.980.920.450.940.660.950.980.690.170.950.84-0.640.990.79
0.940.730.820.70.850.940.750.990.950.850.450.980.890.251.00.450.820.990.630.031.00.83-0.790.970.92
0.860.730.930.830.70.750.60.670.720.830.840.790.690.510.720.840.90.790.480.140.740.71-0.40.840.5
0.950.820.930.870.790.80.70.770.870.950.770.890.80.440.830.770.990.890.610.170.830.84-0.560.930.65
0.870.70.830.870.790.810.760.640.70.730.770.820.820.730.680.770.880.780.670.270.720.61-0.280.810.43
0.890.850.70.790.790.880.570.840.760.740.450.910.910.470.840.450.80.870.840.470.880.64-0.450.880.72
0.930.940.750.80.810.880.740.920.870.760.550.970.930.490.920.550.790.940.670.160.940.72-0.590.930.77
0.770.750.60.70.760.570.740.720.770.660.530.760.750.330.750.530.710.770.42-0.270.740.61-0.570.750.63
0.910.990.670.770.640.840.920.720.940.830.360.960.860.20.990.360.770.970.620.010.990.82-0.820.950.94
0.930.950.720.870.70.760.870.770.940.930.450.940.810.190.960.450.880.970.58-0.070.950.94-0.870.960.9
0.920.850.830.950.730.740.760.660.830.930.590.870.730.170.870.590.950.90.610.060.850.94-0.760.930.79
0.660.450.840.770.770.450.550.530.360.450.590.550.590.570.441.00.730.520.330.170.460.37-0.060.60.19
0.980.980.790.890.820.910.970.760.960.940.870.550.930.420.970.550.880.990.680.130.990.82-0.690.990.84
0.920.890.690.80.820.910.930.750.860.810.730.590.930.470.880.590.810.90.730.290.90.61-0.490.90.75
0.450.250.510.440.730.470.490.330.20.190.170.570.420.470.210.570.430.350.270.340.280.10.250.36-0.11
0.941.00.720.830.680.840.920.750.990.960.870.440.970.880.210.440.820.990.630.011.00.85-0.810.970.94
0.660.450.840.770.770.450.550.530.360.450.591.00.550.590.570.440.730.530.330.170.460.38-0.060.60.19
0.950.820.90.990.880.80.790.710.770.880.950.730.880.810.430.820.730.890.640.190.830.85-0.570.930.66
0.980.990.790.890.780.870.940.770.970.970.90.520.990.90.350.990.530.890.640.050.990.86-0.750.990.88
0.690.630.480.610.670.840.670.420.620.580.610.330.680.730.270.630.330.640.640.640.660.52-0.330.670.58
0.170.030.140.170.270.470.16-0.270.01-0.070.060.170.130.290.340.010.170.190.050.640.08-0.070.360.12-0.06
0.951.00.740.830.720.880.940.740.990.950.850.460.990.90.281.00.460.830.990.660.080.82-0.760.980.91
0.840.830.710.840.610.640.720.610.820.940.940.370.820.610.10.850.380.850.860.52-0.070.82-0.870.860.79
-0.64-0.79-0.4-0.56-0.28-0.45-0.59-0.57-0.82-0.87-0.76-0.06-0.69-0.490.25-0.81-0.06-0.57-0.75-0.330.36-0.76-0.87-0.72-0.9
0.990.970.840.930.810.880.930.750.950.960.930.60.990.90.360.970.60.930.990.670.120.980.86-0.720.85
0.790.920.50.650.430.720.770.630.940.90.790.190.840.75-0.110.940.190.660.880.58-0.060.910.79-0.90.85
Click cells to compare fundamentals

AMN Healthcare Account Relationship Matchups

AMN Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B3.1B2.9B2.9B3.1B
Short Long Term Debt Total722.3M955.5M867.1M861.0M1.3B1.4B
Other Current Liab249.8M284.8M603.0M464.7M284.3M298.5M
Total Current Liabilities378.1M423.0M969.4M857.9M656.1M688.9M
Total Stockholder Equity736.7M819.7M1.2B1.0B831.3M439.7M
Other Liab108.4M175.1M144.8M133.9M154.0M161.7M
Property Plant And Equipment Net194.7M193.9M154.9M165.5M191.4M201.0M
Current Deferred Revenue11.8M11.0M16.0M11.8M20.0M10.3M
Net Debt639.3M926.3M686.1M796.4M1.3B1.3B
Retained Earnings400.0M469.6M796.9M1.2B1.5B1.5B
Accounts Payable102.5M107.5M339.0M373.3M343.8M361.0M
Cash83.0M29.2M180.9M64.5M32.9M28.7M
Non Current Assets Total1.4B1.8B1.8B1.8B2.1B2.2B
Non Currrent Assets Other182.4M196.5M221.2M133.0M213.4M224.1M
Other Assets182.4M274.2M221.2M217.0M1.00.95
Long Term Debt617.2M858.0M842.3M843.5M1.3B1.4B
Cash And Short Term Investments83.0M29.2M180.9M64.5M32.9M29.4M
Net Receivables425.4M450.1M1.0B944.4M741.2M778.3M
Good Will595.6M864.5M892.3M935.4M1.1B1.2B
Common Stock Total Equity493K496K498K501K576.2K495.4K
Common Stock Shares Outstanding47.6M47.7M48.0M44.9M39.3M45.2M
Liabilities And Stockholders Equity1.9B2.4B3.1B2.9B2.9B3.1B
Non Current Liabilities Total816.8M1.1B1.0B986.8M1.4B1.5B
Other Current Assets16.1M15.6M37.6M84.7M67.6M70.9M
Other Stockholder Equity336.1M349.6M364.9M(196.9M)(620.5M)(589.5M)
Total Liab1.2B1.5B2.0B1.8B2.1B2.2B
Property Plant And Equipment Gross104.8M193.9M154.9M165.5M511.0M536.6M
Total Current Assets560.5M533.7M1.3B1.1B841.7M883.8M
Accumulated Other Comprehensive Income152K40K(295K)(939K)(423K)(444.2K)
Short Term Debt13.9M19.7M11.4M8.1M8.0M7.6M
Intangible Assets398.5M564.9M514.5M476.8M474.1M259.1M
Common Stock493K496K498K501K504K497.9K
Property Plant Equipment104.8M116.2M154.9M149.3M171.7M180.3M
Short Term Investments62.2M61.3M64.5M61.2M68.8M45.7M
Inventory36.0M38.8M101.7M1.01.151.09
Treasury Stock(33.4M)(100.4M)(119.1M)(121.8M)(140.1M)(147.1M)
Net Tangible Assets(257.3M)(609.7M)(244.8M)(368.6M)(331.7M)(315.1M)
Retained Earnings Total Equity400.0M469.6M796.9M1.2B1.4B1.5B
Long Term Debt Total617.2M858.0M842.3M843.5M970.0M1.0B
Capital Surpluse455.2M468.7M486.7M501.7M576.9M494.8M

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When determining whether AMN Healthcare Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AMN Healthcare'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 Amn Healthcare Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amn Healthcare Services Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMN Healthcare Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is AMN Healthcare'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 AMN Healthcare. If investors know AMN 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 AMN Healthcare 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
(0.78)
Earnings Share
3.79
Revenue Per Share
90.829
Quarterly Revenue Growth
(0.27)
Return On Assets
0.0554
The market value of AMN Healthcare Services is measured differently than its book value, which is the value of AMN that is recorded on the company's balance sheet. Investors also form their own opinion of AMN Healthcare's value that differs from its market value or its book value, called intrinsic value, which is AMN Healthcare'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 AMN Healthcare's market value can be influenced by many factors that don't directly affect AMN Healthcare'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 AMN Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMN Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMN Healthcare'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.