Amphastar Total Current Assets vs Long Term Debt Total Analysis

AMPH Stock

USD 42.46 0.20 0.47%

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

Total Current Assets vs Long Term Debt Total

Total Current Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amphastar P Total Current Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Amphastar's Total Current Assets and Long Term Debt Total is 0.89. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Amphastar P, assuming nothing else is changed. The correlation between historical values of Amphastar's Total Current Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Amphastar P are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Amphastar's Total Current Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt Total

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

As of now, Amphastar's Tax Provision is increasing as compared to previous years. The Amphastar's current Enterprise Value Over EBITDA is estimated to increase to 15.06, while Selling General Administrative is projected to decrease to under 46.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	885K	1.8M	29.2M	30.6M
Depreciation And Amortization	26.8M	28.7M	41.8M	21.5M

Interest Expense Depreciation And Amortization

Amphastar fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.42	0.27	0.21	0.37	0.66	0.54	0.72	-0.17	0.18	0.38	0.46	0.62	0.4	0.56	0.79	0.27	0.46	0.48	0.83	0.7	0.27	0.29	0.67	0.55	0.83
Total Assets	0.42		0.97	0.88	0.98	0.78	0.86	0.68	0.12	0.93	0.97	0.25	0.67	0.99	0.91	0.62	0.96	0.98	0.72	0.31	0.74	0.98	0.98	0.62	0.56	0.43
Short Long Term Debt Total	0.27	0.97		0.95	0.96	0.64	0.73	0.51	0.15	0.99	0.93	0.03	0.52	0.98	0.83	0.45	1.0	0.92	0.61	0.17	0.61	1.0	1.0	0.45	0.44	0.23
Other Current Liab	0.21	0.88	0.95		0.89	0.49	0.53	0.32	-0.03	0.96	0.8	-0.15	0.34	0.91	0.71	0.36	0.96	0.8	0.43	0.19	0.49	0.93	0.94	0.25	0.31	0.16
Total Current Liabilities	0.37	0.98	0.96	0.89		0.72	0.83	0.66	0.06	0.93	0.93	0.28	0.61	0.99	0.86	0.57	0.96	0.95	0.7	0.27	0.68	0.97	0.97	0.56	0.53	0.4
Total Stockholder Equity	0.66	0.78	0.64	0.49	0.72		0.87	0.92	0.06	0.55	0.81	0.47	0.94	0.73	0.86	0.9	0.63	0.83	0.93	0.47	0.96	0.66	0.67	0.82	0.73	0.61
Other Liab	0.54	0.86	0.73	0.53	0.83	0.87		0.89	0.07	0.63	0.88	0.64	0.86	0.81	0.9	0.75	0.71	0.9	0.87	0.35	0.84	0.74	0.75	0.75	0.7	0.62
Property Plant And Equipment Net	0.72	0.68	0.51	0.32	0.66	0.92	0.89		-0.05	0.41	0.67	0.73	0.86	0.64	0.76	0.9	0.49	0.72	0.85	0.57	0.88	0.53	0.53	0.87	0.8	0.78
Current Deferred Revenue	-0.17	0.12	0.15	-0.03	0.06	0.06	0.07	-0.05		0.15	0.2	-0.13	0.08	0.09	0.02	-0.18	0.14	0.14	0.03	-0.28	-0.06	0.16	0.15	0.28	-0.29	-0.27
Net Debt	0.18	0.93	0.99	0.96	0.93	0.55	0.63	0.41	0.15		0.87	-0.07	0.39	0.95	0.74	0.35	0.99	0.86	0.52	0.11	0.52	0.98	0.98	0.36	0.38	0.14
Retained Earnings	0.38	0.97	0.93	0.8	0.93	0.81	0.88	0.67	0.2	0.87		0.26	0.75	0.95	0.94	0.6	0.92	0.99	0.77	0.21	0.76	0.94	0.94	0.63	0.55	0.36
Accounts Payable	0.46	0.25	0.03	-0.15	0.28	0.47	0.64	0.73	-0.13	-0.07	0.26		0.58	0.18	0.39	0.55	0.01	0.32	0.51	0.35	0.46	0.06	0.06	0.59	0.45	0.68
Cash	0.62	0.67	0.52	0.34	0.61	0.94	0.86	0.86	0.08	0.39	0.75	0.58		0.6	0.83	0.83	0.5	0.78	0.91	0.42	0.91	0.53	0.54	0.76	0.58	0.59
Non Current Assets Total	0.4	0.99	0.98	0.91	0.99	0.73	0.81	0.64	0.09	0.95	0.95	0.18	0.6		0.88	0.59	0.98	0.96	0.67	0.3	0.71	0.99	0.99	0.57	0.54	0.4
Non Currrent Assets Other	0.56	0.91	0.83	0.71	0.86	0.86	0.9	0.76	0.02	0.74	0.94	0.39	0.83	0.88		0.74	0.82	0.95	0.78	0.41	0.87	0.83	0.85	0.7	0.64	0.57
Other Assets	0.79	0.62	0.45	0.36	0.57	0.9	0.75	0.9	-0.18	0.35	0.6	0.55	0.83	0.59	0.74		0.45	0.67	0.76	0.68	0.91	0.47	0.48	0.78	0.7	0.83
Long Term Debt	0.27	0.96	1.0	0.96	0.96	0.63	0.71	0.49	0.14	0.99	0.92	0.01	0.5	0.98	0.82	0.45		0.92	0.59	0.19	0.61	1.0	1.0	0.44	0.43	0.23
Cash And Short Term Investments	0.46	0.98	0.92	0.8	0.95	0.83	0.9	0.72	0.14	0.86	0.99	0.32	0.78	0.96	0.95	0.67	0.92		0.78	0.32	0.8	0.93	0.94	0.66	0.55	0.46
Net Receivables	0.48	0.72	0.61	0.43	0.7	0.93	0.87	0.85	0.03	0.52	0.77	0.51	0.91	0.67	0.78	0.76	0.59	0.78		0.21	0.88	0.62	0.63	0.63	0.65	0.42
Good Will	0.83	0.31	0.17	0.19	0.27	0.47	0.35	0.57	-0.28	0.11	0.21	0.35	0.42	0.3	0.41	0.68	0.19	0.32	0.21		0.52	0.17	0.2	0.59	0.45	0.88
Common Stock Total Equity	0.7	0.74	0.61	0.49	0.68	0.96	0.84	0.88	-0.06	0.52	0.76	0.46	0.91	0.71	0.87	0.91	0.61	0.8	0.88	0.52		0.62	0.64	0.74	0.7	0.67
Short Term Investments	0.27	0.98	1.0	0.93	0.97	0.66	0.74	0.53	0.16	0.98	0.94	0.06	0.53	0.99	0.83	0.47	1.0	0.93	0.62	0.17	0.62		1.0	0.48	0.46	0.24
Non Current Liabilities Total	0.29	0.98	1.0	0.94	0.97	0.67	0.75	0.53	0.15	0.98	0.94	0.06	0.54	0.99	0.85	0.48	1.0	0.94	0.63	0.2	0.64	1.0		0.48	0.46	0.26
Inventory	0.67	0.62	0.45	0.25	0.56	0.82	0.75	0.87	0.28	0.36	0.63	0.59	0.76	0.57	0.7	0.78	0.44	0.66	0.63	0.59	0.74	0.48	0.48		0.66	0.72
Other Current Assets	0.55	0.56	0.44	0.31	0.53	0.73	0.7	0.8	-0.29	0.38	0.55	0.45	0.58	0.54	0.64	0.7	0.43	0.55	0.65	0.45	0.7	0.46	0.46	0.66		0.6
Other Stockholder Equity	0.83	0.43	0.23	0.16	0.4	0.61	0.62	0.78	-0.27	0.14	0.36	0.68	0.59	0.4	0.57	0.83	0.23	0.46	0.42	0.88	0.67	0.24	0.26	0.72	0.6

Click cells to compare fundamentals

Amphastar Account Relationship Matchups

Amphastar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	49.9M	49.1M	49.8M	52.4M	53.0M	42.9M
Total Assets	587.0M	631.2M	671.5M	742.0M	1.5B	1.6B
Short Long Term Debt Total	66.6M	67.3M	104.7M	102.6M	623.6M	654.8M
Other Current Liab	2.0M	1.1M	9.1M	4.6M	194.0M	203.7M
Total Current Liabilities	90.0M	112.2M	103.8M	94.9M	225.4M	236.7M
Total Stockholder Equity	381.4M	402.3M	445.5M	528.7M	639.4M	408.7M
Other Liab	13.7M	18.7M	22.7M	21.9M	25.2M	26.5M
Property Plant And Equipment Net	253.5M	280.7M	271.5M	264.6M	315.6M	223.6M
Net Debt	(7.1M)	(25.4M)	(21.7M)	(53.5M)	479.1M	503.1M
Retained Earnings	116.4M	117.8M	180.3M	271.7M	409.3M	429.7M
Accounts Payable	77.1M	95.5M	89.5M	84.2M	25.4M	50.8M
Cash	73.7M	92.6M	126.4M	156.1M	144.5M	96.7M
Non Current Assets Total	331.7M	351.6M	353.4M	363.7M	1.0B	1.1B
Non Currrent Assets Other	11.2M	5.3M	16.7M	20.9M	25.9M	27.2M
Other Assets	37.0M	50.9M	39.1M	59.4M	68.3M	35.9M
Long Term Debt	39.4M	34.2M	74.8M	72.8M	589.6M	619.1M
Cash And Short Term Investments	85.4M	105.6M	136.7M	175.8M	259.2M	272.2M
Net Receivables	45.7M	66.4M	78.9M	89.0M	114.9M	58.5M
Good Will	3.6M	3.9M	3.3M	3.1M	3.2M	3.5M
Short Term Investments	11.7M	13.0M	10.3M	19.7M	114.7M	120.4M
Liabilities And Stockholders Equity	587.0M	631.2M	671.5M	742.0M	1.5B	1.6B
Non Current Liabilities Total	69.4M	70.3M	122.2M	118.5M	648.1M	680.5M
Inventory	110.5M	96.8M	92.8M	103.6M	105.8M	91.3M
Other Current Assets	9.5M	6.8M	7.3M	7.6M	9.6M	7.0M
Other Stockholder Equity	269.7M	288.2M	271.9M	265.6M	238.6M	269.2M
Total Liab	159.4M	182.5M	226.0M	213.3M	873.5M	917.2M
Property Plant And Equipment Gross	233.9M	280.7M	271.5M	264.6M	560.9M	589.0M
Total Current Assets	255.2M	279.7M	318.1M	378.3M	489.6M	277.4M
Accumulated Other Comprehensive Income	(4.7M)	(3.7M)	(6.8M)	(8.6M)	(8.5M)	(8.9M)
Short Term Debt	10.9M	15.6M	5.2M	6.0M	4.3M	4.1M
Intangible Assets	37.5M	36.7M	35.6M	34.2M	610.1M	640.6M
Property Plant Equipment	233.9M	260.1M	244.2M	238.3M	274.0M	203.0M
Net Tangible Assets	340.2M	361.7M	406.7M	491.4M	565.1M	361.3M
Retained Earnings Total Equity	116.4M	117.8M	180.3M	271.7M	312.5M	328.1M
Long Term Debt Total	39.4M	34.2M	74.8M	72.8M	83.8M	48.0M
Capital Surpluse	367.3M	410.1M	422.4M	455.1M	523.3M	374.6M

Amphastar Investors Sentiment

The influence of Amphastar's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Amphastar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Amphastar's public news can be used to forecast risks associated with an investment in Amphastar. The trend in average sentiment can be used to explain how an investor holding Amphastar can time the market purely based on public headlines and social activities around Amphastar P. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Amphastar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Amphastar's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Amphastar's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Amphastar.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Amphastar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Amphastar's short interest history, or implied volatility extrapolated from Amphastar options trading.

Pair Trading with Amphastar

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

Moving together with Amphastar Stock

0.61

EGRX

Eagle Pharmaceuticals Earnings Call This Week

Pair Corr

Moving against Amphastar Stock

0.67	QLI	Qilian International	Pair Corr
0.66	IMCC	Im Cannabis Corp Earnings Call This Week	Pair Corr
0.64	CGC	Canopy Growth Corp Financial Report 27th of June 2024	Pair Corr
0.5	PAHC	Phibro Animal Health Earnings Call This Week	Pair Corr
0.48	EW	Edwards Lifesciences Corp Earnings Call This Week	Pair Corr

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

The correlation of Amphastar 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 Amphastar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amphastar P 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 Amphastar 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 Amphastar P offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphastar'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 Amphastar P Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphastar P Stock:

How To Invest In Amphastar

Details

Is Amphastar Stock a good investment?

Details

What is Amphastar's Net Worth?

Details

Largest Pharmaceuticals Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

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

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Amphastar Stock analysis

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

	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum

Is Amphastar'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 Amphastar. If investors know Amphastar 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 Amphastar 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

0.055

Earnings Share

2.6

Revenue Per Share

13.351

Quarterly Revenue Growth

0.319

Return On Assets

0.1107

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Amphastar Total Current Assets vs Long Term Debt Total Analysis

Total Current Assets vs Long Term Debt Total

Total Current Assets vs Long Term Debt Total Correlation Analysis

Correlation Coefficient

Total Current Assets

Long Term Debt Total

Amphastar fundamental ratios Correlations

Amphastar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amphastar fundamental ratios Accounts

Amphastar Investors Sentiment

Pair Trading with Amphastar

Moving together with Amphastar Stock

Moving against Amphastar Stock

Complementary Tools for Amphastar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 1.0	Long Term Debt
Non Current Liabilities Total	+ 1.0	Long Term Debt
Non Current Liabilities Total	+ 1.0	Short Term Investments

Other Current Assets	- 0.29	Current Deferred Revenue
Good Will	- 0.28	Current Deferred Revenue
Other Stockholder Equity	- 0.27	Current Deferred Revenue
Other Assets	- 0.18	Current Deferred Revenue
Current Deferred Revenue	- 0.17	Common Stock Shares Outstanding
Accounts Payable	- 0.15	Other Current Liab