Ampco Historical Income Statement

AP Stock  USD 2.11  0.09  4.09%   
Historical analysis of Ampco Pittsburgh income statement accounts such as Selling General Administrative of 42.6 M or Total Revenue of 303.8 M can show how well Ampco Pittsburgh performed in making a profits. Evaluating Ampco Pittsburgh income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ampco Pittsburgh's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ampco-Pittsburgh latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ampco-Pittsburgh is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. 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.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.

About Ampco Income Statement Analysis

Ampco-Pittsburgh Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ampco Pittsburgh shareholders. The income statement also shows Ampco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ampco Pittsburgh Income Statement Chart

Ampco Pittsburgh Income Statement is one of the three primary financial statements used for reporting Ampco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ampco-Pittsburgh revenue and expense. Ampco Pittsburgh Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ampco Pittsburgh's Interest Income is relatively stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Ampco-Pittsburgh generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ampco Pittsburgh minus its cost of goods sold. It is profit before Ampco Pittsburgh operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ampco-Pittsburgh. It is also known as Ampco Pittsburgh overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Ampco Pittsburgh's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ampco-Pittsburgh current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Ampco Pittsburgh. 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.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.At this time, Ampco Pittsburgh's Interest Income is relatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit57.3M62.2M415.3M436.1M
Total Revenue344.9M390.2M415.3M303.8M

Ampco Pittsburgh income statement Correlations

-0.81-0.070.070.990.14-0.48-0.80.990.02-0.99-0.49-0.02-0.36-0.17-0.150.940.09-0.040.52-0.53-0.160.25-0.25-0.86-0.67
-0.810.470.39-0.790.30.310.6-0.820.430.840.28-0.060.23-0.020.14-0.86-0.070.1-0.220.450.07-0.030.030.590.4
-0.070.470.82-0.050.84-0.47-0.23-0.130.840.15-0.51-0.46-0.50.060.57-0.12-0.480.390.15-0.120.210.29-0.18-0.030.14
0.070.390.820.10.97-0.24-0.10.060.99-0.01-0.29-0.3-0.24-0.210.30.06-0.120.10.36-0.16-0.170.32-0.37-0.29-0.14
0.99-0.79-0.050.10.16-0.43-0.751.00.04-0.99-0.440.01-0.32-0.17-0.150.920.14-0.070.5-0.51-0.190.22-0.23-0.85-0.65
0.140.30.840.970.16-0.4-0.270.110.98-0.09-0.45-0.37-0.39-0.190.320.18-0.250.190.43-0.24-0.090.4-0.41-0.36-0.18
-0.480.31-0.47-0.24-0.43-0.40.82-0.38-0.30.420.990.720.97-0.15-0.41-0.450.79-0.56-0.470.46-0.4-0.560.430.440.26
-0.80.6-0.23-0.1-0.75-0.270.82-0.72-0.140.770.830.260.710.07-0.1-0.750.39-0.27-0.480.59-0.16-0.350.240.680.47
0.99-0.82-0.130.061.00.11-0.38-0.72-0.01-0.99-0.390.03-0.27-0.18-0.20.930.18-0.110.5-0.49-0.220.22-0.24-0.86-0.68
0.020.430.840.990.040.98-0.3-0.14-0.010.04-0.35-0.35-0.3-0.220.320.02-0.210.150.39-0.18-0.130.37-0.41-0.27-0.13
-0.990.840.15-0.01-0.99-0.090.420.77-0.990.040.43-0.040.30.170.22-0.95-0.150.08-0.480.520.18-0.20.210.840.65
-0.490.28-0.51-0.29-0.44-0.450.990.83-0.39-0.350.430.740.96-0.13-0.42-0.460.78-0.59-0.520.48-0.4-0.620.440.490.32
-0.02-0.06-0.46-0.30.01-0.370.720.260.03-0.35-0.040.740.8-0.37-0.57-0.040.86-0.73-0.430.17-0.51-0.720.50.150.12
-0.360.23-0.5-0.24-0.32-0.390.970.71-0.27-0.30.30.960.8-0.3-0.47-0.350.86-0.58-0.380.44-0.5-0.620.440.340.17
-0.17-0.020.06-0.21-0.17-0.19-0.150.07-0.18-0.220.17-0.13-0.37-0.30.17-0.14-0.480.56-0.33-0.170.88-0.040.370.350.34
-0.150.140.570.3-0.150.32-0.41-0.1-0.20.320.22-0.42-0.57-0.470.17-0.15-0.610.40.070.070.20.29-0.160.030.19
0.94-0.86-0.120.060.920.18-0.45-0.750.930.02-0.95-0.46-0.04-0.35-0.14-0.150.05-0.040.5-0.5-0.150.26-0.26-0.84-0.6
0.09-0.07-0.48-0.120.14-0.250.790.390.18-0.21-0.150.780.860.86-0.48-0.610.05-0.76-0.20.23-0.7-0.520.26-0.04-0.09
-0.040.10.390.1-0.070.19-0.56-0.27-0.110.150.08-0.59-0.73-0.580.560.4-0.04-0.760.27-0.180.760.360.030.010.03
0.52-0.220.150.360.50.43-0.47-0.480.50.39-0.48-0.52-0.43-0.38-0.330.070.5-0.20.27-0.18-0.220.77-0.75-0.8-0.86
-0.530.45-0.12-0.16-0.51-0.240.460.59-0.49-0.180.520.480.170.44-0.170.07-0.50.23-0.18-0.18-0.2-0.11-0.020.420.22
-0.160.070.21-0.17-0.19-0.09-0.4-0.16-0.22-0.130.18-0.4-0.51-0.50.880.2-0.15-0.70.76-0.22-0.20.090.310.310.28
0.25-0.030.290.320.220.4-0.56-0.350.220.37-0.2-0.62-0.72-0.62-0.040.290.26-0.520.360.77-0.110.09-0.86-0.56-0.61
-0.250.03-0.18-0.37-0.23-0.410.430.24-0.24-0.410.210.440.50.440.37-0.16-0.260.260.03-0.75-0.020.31-0.860.570.61
-0.860.59-0.03-0.29-0.85-0.360.440.68-0.86-0.270.840.490.150.340.350.03-0.84-0.040.01-0.80.420.31-0.560.570.87
-0.670.40.14-0.14-0.65-0.180.260.47-0.68-0.130.650.320.120.170.340.19-0.6-0.090.03-0.860.220.28-0.610.610.87
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Ampco Pittsburgh Account Relationship Matchups

Ampco Pittsburgh income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization19.0M18.6M17.9M17.4M347.8M365.2M
Interest Expense5.3M4.1M3.6M5.4M(9.3M)(8.9M)
Selling General Administrative53.6M45.5M46.0M43.5M49.7M42.6M
Total Revenue397.9M328.5M344.9M390.2M415.3M303.8M
Gross Profit71.7M71.0M57.3M62.2M415.3M436.1M
Other Operating Expenses398.8M321.6M351.5M388.9M456.9M292.5M
Operating Income5.6M11.9M(292K)7.8M(34.6M)(32.8M)
Ebit5.6M11.9M(292K)7.8M(48.1M)(45.7M)
Ebitda24.6M30.5M17.6M25.2M299.7M314.6M
Cost Of Revenue326.2M257.5M287.6M328.0M334.6M233.2M
Total Operating Expenses72.6M64.1M63.9M60.9M(449.9M)(427.4M)
Income Before Tax(8.4M)8.7M(9.8M)5.6M(39.3M)(37.3M)
Total Other Income Expense Net(14.0M)(3.2M)(9.5M)(2.2M)(4.7M)(4.9M)
Net Income(10.5M)8.0M(12.1M)3.4M(39.9M)(37.9M)
Income Tax Expense2.1M(470K)2.3M1.6M1.2M1.1M
Net Income Applicable To Common Shares(21.0M)8.0M(12.7M)3.4M3.1M3.2M
Research Development2.5M2.0M1.2M1.0M1.2M1.7M
Net Income From Continuing Ops(10.5M)9.2M(12.1M)4.0M2.9M3.1M
Non Recurring10.0M185K361K706K811.9K771.3K
Non Operating Income Net Other7.9M6.4M7.4M8.2M9.4M9.9M
Minority Interest1.4M8.4M561K564K(1.5M)(1.4M)
Tax Provision2.1M(470K)2.3M1.6M685K650.8K
Interest Income5.0M2.8M3.6M2.6M3.0M3.1M
Net Interest Income(5.3M)(4.1M)(3.6M)(5.4M)(8.5M)(8.1M)
Reconciled Depreciation19.0M18.6M17.9M17.4M17.4M15.3M

Pair Trading with Ampco Pittsburgh

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

Moving against Ampco Stock

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The ability to find closely correlated positions to Ampco Pittsburgh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampco Pittsburgh 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 Ampco Pittsburgh - 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 Ampco Pittsburgh to buy it.
The correlation of Ampco Pittsburgh 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 Ampco Pittsburgh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ampco-Pittsburgh 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 Ampco Pittsburgh 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 Ampco-Pittsburgh 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 Ampco 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 Ampco Pittsburgh Stock. Highlighted below are key reports to facilitate an investment decision about Ampco Pittsburgh Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. 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.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.
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Is Ampco Pittsburgh'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 Ampco Pittsburgh. If investors know Ampco 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 Ampco Pittsburgh 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
(0.31)
Earnings Share
0.08
Revenue Per Share
21.529
Quarterly Revenue Growth
0.156
Return On Assets
0.0129
The market value of Ampco-Pittsburgh is measured differently than its book value, which is the value of Ampco that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco Pittsburgh'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 Ampco Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco Pittsburgh'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 Ampco Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ampco Pittsburgh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco Pittsburgh'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.