Amarin Change In Cash vs Other Non Cash Items Analysis
AMRN Stock | USD 0.90 0.02 2.27% |
Amarin PLC financial indicator trend analysis is way more than just evaluating Amarin PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amarin PLC is a good investment. Please check the relationship between Amarin PLC Change In Cash and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarin PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.
Change In Cash vs Other Non Cash Items
Change In Cash vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amarin PLC Change In Cash account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Amarin PLC's Change In Cash and Other Non Cash Items is 0.16. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Amarin PLC, assuming nothing else is changed. The correlation between historical values of Amarin PLC's Change In Cash and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Amarin PLC are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change In Cash i.e., Amarin PLC's Change In Cash and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change In Cash
Other Non Cash Items
Most indicators from Amarin PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amarin PLC 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 Amarin PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.As of the 22nd of May 2024, Enterprise Value is likely to grow to about 1.6 B, while Selling General Administrative is likely to drop about 68.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 129K | 15K | 8K | 7.6K | Depreciation And Amortization | 2.9M | 2.1M | 3.0M | 1.9M |
Amarin PLC fundamental ratios Correlations
Click cells to compare fundamentals
Amarin PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amarin PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 882.2M | 966.0M | 1.1B | 886.2M | 831.7M | 873.3M | |
Short Long Term Debt Total | 59.6M | 9.2M | 8.6M | 10.0M | 8.7M | 8.3M | |
Other Current Liab | 139.8M | 28.8M | 45.6M | 182.6M | 204.2M | 214.4M | |
Total Current Liabilities | 242.2M | 307.4M | 370.7M | 259.5M | 259.3M | 272.2M | |
Total Stockholder Equity | 608.3M | 627.5M | 667.1M | 595.3M | 552.1M | 579.7M | |
Property Plant And Equipment Net | 10.9M | 10.1M | 9.1M | 9.9M | 8.4M | 8.8M | |
Net Debt | (585.0M) | (177.8M) | (210.9M) | (207.7M) | (191.0M) | (181.5M) | |
Retained Earnings | (1.4B) | (1.4B) | (1.4B) | (1.5B) | (1.6B) | (1.5B) | |
Accounts Payable | 50.0M | 105.9M | 114.9M | 64.6M | 52.8M | 55.4M | |
Cash | 644.6M | 187.0M | 219.5M | 217.7M | 199.8M | 107.5M | |
Non Current Assets Total | 27.2M | 86.8M | 189.3M | 197.1M | 106.7M | 112.0M | |
Non Currrent Assets Other | 1.1M | 432K | 121.7M | 164.1M | 79.0M | 82.9M | |
Cash And Short Term Investments | 644.6M | 500.9M | 454.1M | 309.4M | 321.2M | 337.2M | |
Net Receivables | 116.4M | 154.6M | 163.7M | 131.0M | 133.6M | 140.2M | |
Common Stock Shares Outstanding | 342.5M | 381.8M | 402.5M | 401.2M | 407.7M | 428.0M | |
Liabilities And Stockholders Equity | 882.2M | 966.0M | 1.1B | 886.2M | 831.7M | 873.3M | |
Non Current Liabilities Total | 31.7M | 31.1M | 30.3M | 31.4M | 20.3M | 19.3M | |
Inventory | 76.8M | 188.9M | 234.7M | 228.7M | 258.6M | 271.5M | |
Other Current Assets | 13.3M | 30.9M | 22.4M | 19.5M | 11.6M | 6.3M | |
Other Stockholder Equity | 1.7B | 1.8B | 1.8B | 1.8B | 1.8B | 1.9B | |
Total Liab | 273.9M | 338.5M | 401.0M | 290.8M | 279.6M | 152.6M | |
Property Plant And Equipment Gross | 2.4M | 10.1M | 9.1M | 9.9M | 9.8M | 10.3M | |
Total Current Assets | 855.0M | 879.2M | 878.7M | 689.1M | 725.0M | 761.2M | |
Short Term Debt | 50.1M | 169.9M | 207.5M | 10.0M | 11.5M | 11.0M | |
Intangible Assets | 15.3M | 13.8M | 23.5M | 21.8M | 19.3M | 13.5M | |
Common Stock Total Equity | 208.8M | 246.7M | 269.2M | 290.1M | 333.6M | 350.3M | |
Common Stock | 269.2M | 290.1M | 294.0M | 299.0M | 302.8M | 317.9M | |
Other Liab | 22.3M | 21.9M | 21.7M | 21.4M | 24.6M | 32.0M | |
Current Deferred Revenue | 2.3M | 2.9M | 2.6M | 2.2M | 2.3M | 3.5M | |
Other Assets | 1.1M | 73.0M | 121.7M | 164.1M | 188.7M | 198.1M | |
Property Plant Equipment | 10.9M | 10.1M | 9.1M | 9.9M | 11.4M | 12.0M | |
Net Tangible Assets | 571.2M | 613.7M | 643.6M | 573.6M | 659.6M | 692.6M |
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Is Amarin PLC'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 Amarin PLC. If investors know Amarin 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 Amarin PLC 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 (0.94) | Earnings Share (0.13) | Revenue Per Share 0.679 | Quarterly Revenue Growth (0.34) | Return On Assets (0.02) |
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC'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 Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC'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 Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC'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.