Amtech Long Term Debt vs Total Permanent Equity Analysis
ASYS Stock | USD 5.28 0.03 0.56% |
Amtech Systems financial indicator trend analysis is way more than just evaluating Amtech Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amtech Systems is a good investment. Please check the relationship between Amtech Systems Long Term Debt and its Total Permanent Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amtech Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Amtech Stock please use our How to Invest in Amtech Systems guide.
Long Term Debt vs Total Permanent Equity
Long Term Debt vs Total Permanent Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amtech Systems Long Term Debt account and Total Permanent Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Amtech Systems' Long Term Debt and Total Permanent Equity is 0.61. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Permanent Equity in the same time period over historical financial statements of Amtech Systems, assuming nothing else is changed. The correlation between historical values of Amtech Systems' Long Term Debt and Total Permanent Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Amtech Systems are associated (or correlated) with its Total Permanent Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Permanent Equity has no effect on the direction of Long Term Debt i.e., Amtech Systems' Long Term Debt and Total Permanent Equity go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Amtech Systems has held for over one year. Long-term debt appears on Amtech Systems balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Amtech Systems balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Permanent Equity
Most indicators from Amtech Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amtech Systems 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 Amtech Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Amtech Stock please use our How to Invest in Amtech Systems guide.At this time, Amtech Systems' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 10.35 in 2024, despite the fact that Discontinued Operations is likely to grow to (10.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 39.5M | 35.6M | 40.9M | 42.9M | Total Revenue | 106.3M | 113.3M | 130.3M | 136.8M |
Amtech Systems fundamental ratios Correlations
Click cells to compare fundamentals
Amtech Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amtech Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 102.1M | 116.9M | 133.5M | 137.0M | 157.6M | 165.5M | |
Other Current Liab | 3.2M | 4.3M | 5.9M | 6.0M | 6.9M | 6.3M | |
Total Current Liabilities | 7.5M | 15.1M | 22.6M | 29.7M | 34.2M | 20.1M | |
Total Stockholder Equity | 81.5M | 85.6M | 98.4M | 88.4M | 101.6M | 106.7M | |
Property Plant And Equipment Net | 17.1M | 22.7M | 17.8M | 20.9M | 24.0M | 25.3M | |
Net Debt | (34.8M) | (19.1M) | (35.1M) | 9.1M | 8.2M | 8.6M | |
Retained Earnings | (42.4M) | (40.9M) | (24.5M) | (37.0M) | (33.3M) | (31.7M) | |
Cash | 45.1M | 32.8M | 46.9M | 13.1M | 15.1M | 22.1M | |
Non Current Assets Total | 25.5M | 36.0M | 30.6M | 55.8M | 64.2M | 67.4M | |
Cash And Short Term Investments | 45.1M | 32.8M | 46.9M | 13.1M | 15.1M | 22.1M | |
Net Receivables | 12.6M | 23.5M | 25.0M | 27.1M | 31.2M | 32.7M | |
Common Stock Shares Outstanding | 14.2M | 14.3M | 14.2M | 14.1M | 16.2M | 17.0M | |
Liabilities And Stockholders Equity | 102.1M | 116.9M | 133.5M | 137.0M | 157.6M | 165.5M | |
Inventory | 17.3M | 22.1M | 25.5M | 34.8M | 40.1M | 42.1M | |
Other Stockholder Equity | 124.4M | 126.4M | 124.5M | 127.0M | 146.0M | 153.3M | |
Total Liab | 20.6M | 31.3M | 35.2M | 48.7M | 56.0M | 58.8M | |
Property Plant And Equipment Gross | 17.1M | 22.7M | 17.8M | 29.3M | 33.7M | 35.4M | |
Total Current Assets | 76.6M | 80.9M | 102.9M | 81.2M | 93.4M | 54.3M | |
Accumulated Other Comprehensive Income | (646K) | 14K | (1.8M) | (1.7M) | (1.5M) | (1.6M) | |
Short Long Term Debt Total | 10.2M | 13.7M | 11.8M | 22.2M | 25.5M | 26.8M | |
Non Current Liabilities Total | 13.1M | 16.2M | 12.5M | 18.9M | 21.8M | 22.9M | |
Short Term Debt | 380K | 927K | 2.2M | 4.9M | 5.6M | 3.8M | |
Intangible Assets | 609K | 858K | 758K | 6.1M | 7.0M | 7.4M | |
Accounts Payable | 2.7M | 8.2M | 7.3M | 10.8M | 12.4M | 13.1M | |
Non Currrent Assets Other | 602K | 661K | 783K | 1.1M | 1.2M | 1.1M | |
Other Current Assets | 1.6M | 2.4M | 5.6M | 6.1M | 7.0M | 7.4M | |
Other Liab | 3.2M | 3.2M | 3.4M | 2.9M | 3.4M | 2.7M | |
Other Assets | 487K | 6.3M | 1.3M | 862K | 991.3K | 1.7M | |
Long Term Debt | 4.8M | 4.4M | 220K | 8.4M | 9.7M | 10.2M | |
Common Stock | 142K | 143K | 141K | 140K | 163.3K | 99.8K | |
Property Plant Equipment | 10.2M | 12.0M | 14.1M | 17.8M | 20.5M | 21.5M | |
Current Deferred Revenue | 1.2M | 1.6M | 7.2M | 8.0M | 9.2M | 10.8M | |
Net Tangible Assets | 79.9M | 74.3M | 73.6M | 86.4M | 99.4M | 79.2M | |
Capital Surpluse | 124.3M | 125.1M | 124.4M | 126.4M | 145.3M | 117.0M |
Pair Trading with Amtech Systems
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 Amtech Systems 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 Amtech Systems will appreciate offsetting losses from the drop in the long position's value.Moving against Amtech Stock
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The ability to find closely correlated positions to Amtech Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amtech Systems 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 Amtech Systems - 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 Amtech Systems to buy it.
The correlation of Amtech Systems 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 Amtech Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amtech Systems 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 Amtech Systems 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amtech Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Amtech Stock please use our How to Invest in Amtech Systems guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Amtech Systems' price analysis, check to measure Amtech Systems' 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 Amtech Systems is operating at the current time. Most of Amtech Systems' value examination focuses on studying past and present price action to predict the probability of Amtech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amtech Systems' price. Additionally, you may evaluate how the addition of Amtech Systems to your portfolios can decrease your overall portfolio volatility.
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Is Amtech Systems' 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 Amtech Systems. If investors know Amtech 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 Amtech Systems 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 (0.70) | Earnings Share (1.50) | Revenue Per Share 7.688 | Quarterly Revenue Growth (0.24) | Return On Assets (0.04) |
The market value of Amtech Systems is measured differently than its book value, which is the value of Amtech that is recorded on the company's balance sheet. Investors also form their own opinion of Amtech Systems' value that differs from its market value or its book value, called intrinsic value, which is Amtech Systems' 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 Amtech Systems' market value can be influenced by many factors that don't directly affect Amtech Systems' 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 Amtech Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amtech Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amtech Systems' 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.