Ampco Invested Capital vs Enterprise Value Analysis

AP Stock  USD 2.11  0.09  4.09%   
Trend analysis of Ampco Pittsburgh balance sheet accounts such as Short Long Term Debt Total of 140.1 M or Other Current Liabilities of 41.6 M provides information on Ampco Pittsburgh's total assets, liabilities, and equity, which is the actual value of Ampco-Pittsburgh to its prevalent stockholders. By breaking down trends over time using Ampco Pittsburgh 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 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 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ampco-Pittsburgh at a specified time, usually calculated after every quarter, six months, or one year. Ampco Pittsburgh Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ampco Pittsburgh 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 Ampco currently owns. An asset can also be divided into two categories, current and non-current.

Ampco Pittsburgh Balance Sheet Chart

Ampco Pittsburgh 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 Ampco-Pittsburgh uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Ampco Pittsburgh's Property Plant And Equipment Gross is relatively stable compared to the past year. As of 03/28/2024, Short Term Debt is likely to grow to about 13.9 M, while Total Current Liabilities is likely to drop slightly above 81 M.

Total Assets

Total assets refers to the total amount of Ampco Pittsburgh 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 Ampco-Pittsburgh 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 Ampco Pittsburgh balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ampco Pittsburgh 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 Ampco Pittsburgh's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of 03/28/2024, Selling General Administrative is likely to drop to about 42.6 M. In addition to that, Tax Provision is likely to drop to about 650.8 K
 2021 2022 2023 2024 (projected)
Gross Profit57.3M62.2M415.3M436.1M
Total Revenue344.9M390.2M415.3M303.8M

Ampco Pittsburgh fundamental ratios Correlations

-0.360.280.46-0.030.56-0.340.130.280.920.040.280.480.130.250.0-0.17-0.10.29-0.190.620.060.440.090.030.72
-0.360.450.31-0.610.010.97-0.75-0.85-0.310.7-0.850.440.50.40.740.640.580.490.75-0.280.260.390.490.47-0.3
0.280.450.68-0.140.560.45-0.16-0.420.120.23-0.420.550.09-0.090.760.050.460.10.020.430.670.390.070.02-0.21
0.460.310.68-0.540.840.44-0.5-0.570.550.6-0.570.690.330.210.54-0.170.560.450.070.040.710.810.280.290.25
-0.03-0.61-0.14-0.54-0.2-0.730.950.81-0.31-0.90.81-0.6-0.72-0.7-0.43-0.31-0.63-0.77-0.550.54-0.19-0.68-0.75-0.76-0.39
0.560.010.560.84-0.20.14-0.15-0.280.590.3-0.280.590.08-0.020.37-0.310.380.19-0.210.20.480.650.060.060.18
-0.340.970.450.44-0.730.14-0.84-0.95-0.220.78-0.950.520.550.40.770.510.690.520.69-0.390.320.520.550.55-0.24
0.13-0.75-0.16-0.50.95-0.15-0.840.87-0.13-0.960.87-0.52-0.73-0.69-0.48-0.44-0.63-0.77-0.70.57-0.18-0.68-0.76-0.78-0.22
0.28-0.85-0.42-0.570.81-0.28-0.950.870.09-0.81.0-0.57-0.57-0.37-0.73-0.32-0.77-0.52-0.570.5-0.37-0.62-0.58-0.60.14
0.92-0.310.120.55-0.310.59-0.22-0.130.090.280.090.480.250.44-0.08-0.150.00.49-0.120.270.080.560.240.210.86
0.040.70.230.6-0.90.30.78-0.96-0.80.28-0.80.530.640.780.410.50.490.880.67-0.460.240.730.660.670.33
0.28-0.85-0.42-0.570.81-0.28-0.950.871.00.09-0.8-0.57-0.57-0.37-0.73-0.32-0.77-0.52-0.570.5-0.37-0.62-0.58-0.60.14
0.480.440.550.69-0.60.590.52-0.52-0.570.480.53-0.570.610.320.730.110.650.440.30.220.180.780.570.520.27
0.130.50.090.33-0.720.080.55-0.73-0.570.250.64-0.570.610.470.550.280.680.490.75-0.17-0.160.710.970.970.29
0.250.4-0.090.21-0.7-0.020.4-0.69-0.370.440.78-0.370.320.470.010.66-0.020.960.61-0.26-0.160.470.50.480.68
0.00.740.760.54-0.430.370.77-0.48-0.73-0.080.41-0.730.730.550.010.190.810.150.440.140.350.550.510.47-0.31
-0.170.640.05-0.17-0.31-0.310.51-0.44-0.32-0.150.5-0.320.110.280.660.19-0.050.590.73-0.11-0.240.020.340.280.02
-0.10.580.460.56-0.630.380.69-0.63-0.770.00.49-0.770.650.68-0.020.81-0.050.110.34-0.250.340.580.690.69-0.2
0.290.490.10.45-0.770.190.52-0.77-0.520.490.88-0.520.440.490.960.150.590.110.6-0.260.070.620.50.490.63
-0.190.750.020.07-0.55-0.210.69-0.7-0.57-0.120.67-0.570.30.750.610.440.730.340.6-0.23-0.20.460.710.70.04
0.62-0.280.430.040.540.2-0.390.570.50.27-0.460.50.22-0.17-0.260.14-0.11-0.25-0.26-0.23-0.01-0.03-0.26-0.330.07
0.060.260.670.71-0.190.480.32-0.18-0.370.080.24-0.370.18-0.16-0.160.35-0.240.340.07-0.2-0.010.24-0.2-0.19-0.19
0.440.390.390.81-0.680.650.52-0.68-0.620.560.73-0.620.780.710.470.550.020.580.620.46-0.030.240.630.650.4
0.090.490.070.28-0.750.060.55-0.76-0.580.240.66-0.580.570.970.50.510.340.690.50.71-0.26-0.20.630.990.29
0.030.470.020.29-0.760.060.55-0.78-0.60.210.67-0.60.520.970.480.470.280.690.490.7-0.33-0.190.650.990.28
0.72-0.3-0.210.25-0.390.18-0.24-0.220.140.860.330.140.270.290.68-0.310.02-0.20.630.040.07-0.190.40.290.28
Click cells to compare fundamentals

Ampco Pittsburgh Account Relationship Matchups

Ampco Pittsburgh fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets506.6M463.2M485.6M502.8M565.7M396.6M
Short Long Term Debt Total75.1M41.6M65.0M109.0M133.4M140.1M
Other Current Liab43.9M42.7M40.6M57.8M66.8M41.6M
Total Current Liabilities124.2M105.3M125.0M116.2M116.9M81.0M
Total Stockholder Equity48.9M76.6M82.6M104.3M60.9M112.0M
Property Plant And Equipment Net170.7M166.4M162.6M158.5M163.5M126.0M
Net Debt68.2M24.7M54.6M100.3M126.1M132.4M
Retained Earnings(51.3M)(43.4M)(56.1M)(32.3M)(73.0M)(69.3M)
Cash7.0M16.8M10.3M8.7M7.3M6.9M
Non Current Assets Total313.1M291.4M297.3M271.4M329.0M215.2M
Non Currrent Assets Other129.7M113.0M124.2M103.3M155.2M163.0M
Cash And Short Term Investments7.0M16.8M10.3M8.7M7.3M6.9M
Net Receivables97.8M76.4M84.8M93.5M107.5M64.0M
Common Stock Shares Outstanding12.6M14.6M19.0M19.4M19.6M12.0M
Liabilities And Stockholders Equity506.6M463.2M485.6M502.8M565.7M396.6M
Non Current Liabilities Total326.7M272.9M268.8M273.2M377.2M396.1M
Inventory82.3M73.2M88.2M121.7M124.7M70.6M
Other Current Assets6.4M5.4M4.9M7.4M104.7M109.9M
Other Stockholder Equity156.3M170.3M174.6M175.7M177.2M122.6M
Total Liab450.9M378.2M393.8M389.4M494.1M518.8M
Property Plant And Equipment Gross170.7M162.1M442.3M439.6M505.5M530.8M
Total Current Assets193.4M171.8M188.3M231.4M236.7M181.4M
Accumulated Other Comprehensive Income(68.7M)(68.7M)(55.1M)(58.4M)(63.0M)(66.1M)
Short Term Debt21.0M13.1M20.6M13.0M13.2M13.9M
Accounts Payable33.3M26.7M44.2M43.2M36.8M21.4M
Common Stock Total Equity12.7M18.3M19.2M19.4M22.3M12.7M
Common Stock12.7M18.3M19.2M19.4M19.7M13.1M
Other Liab278.8M272.6M244.4M224.5M258.1M187.9M
Other Assets128.5M122.1M126.3M11.2M12.9M12.3M
Long Term Debt50.5M24.8M40.9M93.1M107.0M112.4M
Property Plant Equipment166.4M166.4M158.6M155.0M178.2M142.3M
Current Deferred Revenue26.1M22.9M19.6M2.1M2.5M2.3M
Intangible Assets7.6M7.2M6.2M5.2M4.9M4.6M
Net Tangible Assets41.3M69.3M73.3M99.1M89.2M105.2M
Noncontrolling Interest In Consolidated Entity6.7M8.4M9.2M9.1M10.4M11.0M
Retained Earnings Total Equity(51.3M)(43.4M)(56.1M)(32.3M)(29.1M)(27.6M)
Capital Surpluse156.3M170.3M174.6M175.7M202.0M164.0M
Deferred Long Term Liab543K1.4M3.9M2.5M2.9M3.0M
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 Ampco Pittsburgh 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, Ampco Pittsburgh's short interest history, or implied volatility extrapolated from Ampco Pittsburgh options trading.

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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.