ANI Non Currrent Assets Other vs Accounts Payable Analysis

ANIP Stock  USD 60.36  1.30  2.11%   
ANI Pharmaceuticals financial indicator trend analysis is way more than just evaluating ANI Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANI Pharmaceuticals is a good investment. Please check the relationship between ANI Pharmaceuticals Non Currrent Assets Other and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANI Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in ANI Stock, please use our How to Invest in ANI Pharmaceuticals guide.

Non Currrent Assets Other vs Accounts Payable

Non Currrent Assets Other vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANI Pharmaceuticals Non Currrent Assets Other account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ANI Pharmaceuticals' Non Currrent Assets Other and Accounts Payable is 0.44. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ANI Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of ANI Pharmaceuticals' Non Currrent Assets Other and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of ANI Pharmaceuticals are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Currrent Assets Other i.e., ANI Pharmaceuticals' Non Currrent Assets Other and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Accounts Payable

An accounting item on the balance sheet that represents ANI Pharmaceuticals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of ANI Pharmaceuticals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from ANI Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANI Pharmaceuticals 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 ANI Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in ANI Stock, please use our How to Invest in ANI Pharmaceuticals guide.As of 05/24/2024, Selling General Administrative is likely to grow to about 157.9 M, while Discontinued Operations is likely to drop slightly above 156 K.

ANI Pharmaceuticals fundamental ratios Correlations

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0.09-0.09-0.170.12-0.22-0.110.33-0.120.350.030.35-0.330.35-0.160.06-0.160.14-0.330.140.090.570.70.07-0.060.08
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ANI Pharmaceuticals Account Relationship Matchups

ANI Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets456.8M461.2M771.6M760.1M904.4M949.6M
Other Current Liab36.7M54.0M63.6M69.3M99.8M104.8M
Total Current Liabilities61.7M78.6M87.5M99.4M145.5M152.8M
Total Stockholder Equity212.8M195.7M358.7M338.5M432.7M454.4M
Property Plant And Equipment Net40.6M41.3M52.7M43.2M44.6M46.8M
Net Debt123.4M177.8M187.1M238.3M94.2M98.9M
Retained Earnings17.6M(5.0M)(47.8M)(97.3M)(80.1M)(84.1M)
Accounts Payable14.6M11.3M23.0M29.3M36.7M38.5M
Cash62.3M7.9M100.3M48.2M221.1M232.2M
Non Current Assets Total269.1M290.9M449.8M415.8M384.8M404.0M
Cash And Short Term Investments62.3M7.9M100.3M48.2M221.1M232.2M
Common Stock Shares Outstanding12.0M12.0M12.6M16.3M18.2M19.1M
Liabilities And Stockholders Equity456.8M461.2M771.6M760.1M904.4M949.6M
Other Current Assets5.1M5.9M11.3M8.4M25.2M26.5M
Total Liab244.0M265.5M412.9M421.5M471.7M495.3M
Property Plant And Equipment Gross40.6M41.3M75.6M76.0M77.5M81.4M
Total Current Assets187.7M170.3M321.8M344.3M519.6M545.6M
Other Stockholder Equity200.1M212.1M384.7M398.8M479.2M503.1M
Accumulated Other Comprehensive Income(4.9M)(11.4M)(3.1M)12.2M8.9M9.3M
Short Long Term Debt Total185.7M185.7M287.4M286.5M315.3M331.1M
Short Term Debt115.7M9.9M13.2M850K977.5K928.6K
Current Deferred Revenue451K80K87K8.2M9.4M9.9M
Non Currrent Assets Other1.2M802K2.2M2.6M6.1M6.4M
Non Current Liabilities Total182.3M186.9M325.3M322.1M326.2M342.5M
Net Receivables72.1M95.8M128.5M165.4M162.1M170.2M
Net Tangible Assets28.8M3.6M36.7M58.7M52.8M55.5M
Other Assets44.6M57.5M75.1M92.7M106.6M112.0M
Long Term Debt175.8M172.4M286.5M285.7M284.8M149.2M
Retained Earnings Total Equity17.6M(5.0M)(47.8M)(97.3M)(111.9M)(117.5M)
Inventory48.2M60.8M81.7M105.4M111.2M116.8M
Deferred Long Term Liab1.5M800K500K600K690K458.1K
Intangible Assets180.4M188.5M294.1M251.6M209.0M156.5M
Property Plant Equipment40.6M41.3M52.7M43.2M49.7M52.2M
Capital Surpluse200.8M214.4M387.8M403.9M464.5M237.5M
Other Liab7K201K31.0M35.1M40.3M42.3M

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When determining whether ANI Pharmaceuticals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ANI Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ani Pharmaceuticals Stock. Highlighted below are key reports to facilitate an investment decision about Ani Pharmaceuticals Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANI Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in ANI Stock, please use our How to Invest in ANI Pharmaceuticals guide.
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 ANI Pharmaceuticals' 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 ANI Pharmaceuticals. If investors know ANI 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 ANI Pharmaceuticals 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
13.824
Earnings Share
1.61
Revenue Per Share
27.705
Quarterly Revenue Growth
0.287
Return On Assets
0.0391
The market value of ANI Pharmaceuticals is measured differently than its book value, which is the value of ANI that is recorded on the company's balance sheet. Investors also form their own opinion of ANI Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is ANI Pharmaceuticals' 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 ANI Pharmaceuticals' market value can be influenced by many factors that don't directly affect ANI Pharmaceuticals' 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 ANI Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if ANI Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANI Pharmaceuticals' 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.