Amarin EPS Diluted Growth vs Leverage Ratio Analysis

AMRN Stock  USD 0.89  0.02  2.30%   
Trend analysis of Amarin PLC balance sheet accounts such as Short Long Term Debt Total of 8.3 M, Other Current Liabilities of 214.4 M or Total Current Liabilities of 272.2 M provides information on Amarin PLC's total assets, liabilities, and equity, which is the actual value of Amarin PLC to its prevalent stockholders. By breaking down trends over time using Amarin PLC balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Amarin Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Amarin PLC at a specified time, usually calculated after every quarter, six months, or one year. Amarin PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amarin PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Amarin currently owns. An asset can also be divided into two categories, current and non-current.

Amarin PLC Balance Sheet Chart

Amarin PLC Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Amarin PLC uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Amarin PLC's Non Current Assets Total are very stable compared to the past year. As of the 28th of March 2024, Non Currrent Assets Other is likely to grow to about 82.9 M, while Short and Long Term Debt Total is likely to drop about 8.3 M.

Total Assets

Total assets refers to the total amount of Amarin PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amarin PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Amarin PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Amarin PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 28th of March 2024, Selling General Administrative is likely to drop to about 68.4 M. In addition to that, Tax Provision is likely to grow to about (5.2 M)
 2021 2022 2023 2024 (projected)
Interest Expense129K15K8K7.6K
Depreciation And Amortization2.9M2.1M3.0M1.9M

Amarin PLC fundamental ratios Correlations

-0.550.660.960.980.94-0.74-0.730.920.50.810.670.890.960.9-0.580.90.830.930.540.870.990.590.830.850.86
-0.55-0.49-0.6-0.69-0.640.610.19-0.55-0.04-0.46-0.47-0.36-0.66-0.460.93-0.62-0.51-0.460.27-0.65-0.54-0.31-0.5-0.42-0.41
0.66-0.490.650.70.67-0.59-0.680.410.320.550.630.470.70.77-0.580.760.280.780.060.650.65-0.160.530.790.75
0.96-0.60.650.950.89-0.67-0.790.950.380.80.660.80.990.93-0.670.90.830.940.50.850.950.640.770.890.9
0.98-0.690.70.950.97-0.8-0.640.880.470.780.670.850.970.85-0.730.890.810.890.360.890.970.530.820.810.81
0.94-0.640.670.890.97-0.78-0.570.820.490.750.630.840.920.78-0.680.840.810.840.340.870.940.470.810.730.73
-0.740.61-0.59-0.67-0.8-0.780.44-0.57-0.81-0.35-0.31-0.85-0.69-0.590.64-0.5-0.52-0.65-0.17-0.46-0.78-0.31-0.55-0.57-0.58
-0.730.19-0.68-0.79-0.64-0.570.44-0.65-0.39-0.57-0.48-0.62-0.75-0.930.3-0.69-0.55-0.92-0.62-0.54-0.73-0.33-0.49-0.95-0.96
0.92-0.550.410.950.880.82-0.57-0.650.310.780.580.780.930.82-0.570.810.910.830.590.820.90.810.750.750.78
0.5-0.040.320.380.470.49-0.81-0.390.310.090.030.80.360.38-0.120.130.310.450.430.060.560.190.330.360.4
0.81-0.460.550.80.780.75-0.35-0.570.780.090.940.50.790.74-0.450.880.710.740.490.870.740.460.910.670.68
0.67-0.470.630.660.670.63-0.31-0.480.580.030.940.330.660.64-0.440.810.480.630.30.770.590.20.870.580.58
0.89-0.360.470.80.850.84-0.85-0.620.780.80.50.330.790.73-0.410.610.730.790.570.590.930.580.630.70.72
0.96-0.660.70.990.970.92-0.69-0.750.930.360.790.660.790.92-0.720.920.820.940.420.890.960.580.770.880.88
0.9-0.460.770.930.850.78-0.59-0.930.820.380.740.640.730.92-0.530.880.690.990.530.770.890.440.670.990.99
-0.580.93-0.58-0.67-0.73-0.680.640.3-0.57-0.12-0.45-0.44-0.41-0.72-0.53-0.62-0.53-0.550.25-0.64-0.58-0.3-0.47-0.5-0.49
0.9-0.620.760.90.890.84-0.5-0.690.810.130.880.810.610.920.88-0.620.690.880.350.960.860.40.810.850.83
0.83-0.510.280.830.810.81-0.52-0.550.910.310.710.480.730.820.69-0.530.690.720.560.760.820.780.710.620.67
0.93-0.460.780.940.890.84-0.65-0.920.830.450.740.630.790.940.99-0.550.880.720.530.790.930.450.70.980.98
0.540.270.060.50.360.34-0.17-0.620.590.430.490.30.570.420.530.250.350.560.530.290.530.580.510.490.53
0.87-0.650.650.850.890.87-0.46-0.540.820.060.870.770.590.890.77-0.640.960.760.790.290.830.440.80.730.71
0.99-0.540.650.950.970.94-0.78-0.730.90.560.740.590.930.960.89-0.580.860.820.930.530.830.590.780.850.86
0.59-0.31-0.160.640.530.47-0.31-0.330.810.190.460.20.580.580.44-0.30.40.780.450.580.440.590.470.370.42
0.83-0.50.530.770.820.81-0.55-0.490.750.330.910.870.630.770.67-0.470.810.710.70.510.80.780.470.60.61
0.85-0.420.790.890.810.73-0.57-0.950.750.360.670.580.70.880.99-0.50.850.620.980.490.730.850.370.60.99
0.86-0.410.750.90.810.73-0.58-0.960.780.40.680.580.720.880.99-0.490.830.670.980.530.710.860.420.610.99
Click cells to compare fundamentals

Amarin PLC Account Relationship Matchups

Amarin PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets882.2M966.0M1.1B886.2M831.7M873.3M
Short Long Term Debt Total59.6M9.2M8.6M10.0M8.7M8.3M
Other Current Liab139.8M28.8M45.6M182.6M204.2M214.4M
Total Current Liabilities242.2M307.4M370.7M259.5M259.3M272.2M
Total Stockholder Equity608.3M627.5M667.1M595.3M552.1M579.7M
Property Plant And Equipment Net10.9M10.1M9.1M9.9M8.4M8.8M
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 Payable50.0M105.9M114.9M64.6M52.8M55.4M
Cash644.6M187.0M219.5M217.7M199.8M107.5M
Non Current Assets Total27.2M86.8M189.3M197.1M106.7M112.0M
Non Currrent Assets Other1.1M432K121.7M164.1M79.0M82.9M
Cash And Short Term Investments644.6M500.9M454.1M309.4M321.2M337.2M
Net Receivables116.4M154.6M163.7M131.0M133.6M140.2M
Common Stock Shares Outstanding342.5M381.8M402.5M401.2M407.7M428.0M
Liabilities And Stockholders Equity882.2M966.0M1.1B886.2M831.7M873.3M
Non Current Liabilities Total31.7M31.1M30.3M31.4M20.3M19.3M
Inventory76.8M188.9M234.7M228.7M258.6M271.5M
Other Current Assets13.3M30.9M22.4M19.5M11.6M6.3M
Other Stockholder Equity1.7B1.8B1.8B1.8B1.8B1.9B
Total Liab273.9M338.5M401.0M290.8M279.6M152.6M
Property Plant And Equipment Gross2.4M10.1M9.1M9.9M9.8M10.3M
Total Current Assets855.0M879.2M878.7M689.1M725.0M761.2M
Short Term Debt50.1M169.9M207.5M10.0M11.5M11.0M
Intangible Assets15.3M13.8M23.5M21.8M19.3M13.5M
Common Stock Total Equity208.8M246.7M269.2M290.1M333.6M350.3M
Common Stock269.2M290.1M294.0M299.0M302.8M317.9M
Other Liab22.3M21.9M21.7M21.4M24.6M32.0M
Current Deferred Revenue2.3M2.9M2.6M2.2M2.3M3.5M
Other Assets1.1M73.0M121.7M164.1M188.7M198.1M
Property Plant Equipment10.9M10.1M9.1M9.9M11.4M12.0M
Net Tangible Assets571.2M613.7M643.6M573.6M659.6M692.6M
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 Amarin PLC 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, Amarin PLC's short interest history, or implied volatility extrapolated from Amarin PLC options trading.

Pair Trading with Amarin PLC

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

Moving together with Amarin Stock

  0.61MBIO Mustang Bio Report 3rd of April 2024 PairCorr

Moving against Amarin Stock

  0.7YS YS Biopharma Report 22nd of April 2024 PairCorr
  0.68DNLI Denali Therapeutics Financial Report 13th of May 2024 PairCorr
  0.57MESO Mesoblast TrendingPairCorr
  0.52CVS CVS Health Corp Financial Report 1st of May 2024 PairCorr
  0.5MDGL Madrigal Pharmaceuticals Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Amarin PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amarin PLC 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 Amarin PLC - 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 Amarin PLC to buy it.
The correlation of Amarin PLC 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 Amarin PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amarin PLC 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 Amarin PLC 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 CorrelationCorrelation Matching
When determining whether Amarin PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amarin PLC'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 Amarin Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amarin Plc Stock:
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.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Amarin Stock analysis

When running Amarin PLC's price analysis, check to measure Amarin PLC'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 Amarin PLC is operating at the current time. Most of Amarin PLC's value examination focuses on studying past and present price action to predict the probability of Amarin PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarin PLC's price. Additionally, you may evaluate how the addition of Amarin PLC to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
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
(0.15)
Revenue Per Share
0.753
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.01)
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.