AptarGroup Current Deferred Revenue vs Net Invested Capital Analysis
ATR Stock | USD 148.49 0.59 0.40% |
AptarGroup financial indicator trend analysis is way more than just evaluating AptarGroup prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AptarGroup is a good investment. Please check the relationship between AptarGroup Current Deferred Revenue and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AptarGroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in AptarGroup Stock, please use our How to Invest in AptarGroup guide.
Current Deferred Revenue vs Net Invested Capital
Current Deferred Revenue vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AptarGroup Current Deferred Revenue account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between AptarGroup's Current Deferred Revenue and Net Invested Capital is 0.66. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of AptarGroup, assuming nothing else is changed. The correlation between historical values of AptarGroup's Current Deferred Revenue and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of AptarGroup are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Current Deferred Revenue i.e., AptarGroup's Current Deferred Revenue and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from AptarGroup's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AptarGroup 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 AptarGroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in AptarGroup Stock, please use our How to Invest in AptarGroup guide.At this time, AptarGroup's Tax Provision is relatively stable compared to the past year. As of 05/11/2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Enterprise Value Over EBITDA is likely to drop 7.37.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.2B | 1.3B | 666.1M | Total Revenue | 3.2B | 3.3B | 3.5B | 1.9B |
AptarGroup fundamental ratios Correlations
Click cells to compare fundamentals
AptarGroup Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AptarGroup fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 4.0B | 4.1B | 4.2B | 4.5B | 4.7B | |
Short Long Term Debt Total | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | |
Other Current Liab | 293.5M | 331.7M | 320.7M | 394.0M | 404.0M | 223.0M | |
Total Current Liabilities | 683.3M | 780.3M | 982.5M | 917.2M | 1.3B | 1.3B | |
Total Stockholder Equity | 1.6B | 1.9B | 2.0B | 2.1B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.3B | 1.5B | 1.6B | |
Net Debt | 953.7M | 872.7M | 1.1B | 1.0B | 961.0M | 1.0B | |
Accounts Payable | 192.7M | 243.7M | 285.3M | 320.3M | 328.6M | 184.9M | |
Cash | 242.0M | 300.1M | 122.9M | 141.7M | 223.6M | 222.4M | |
Non Current Assets Total | 2.3B | 2.6B | 2.8B | 2.8B | 2.9B | 3.0B | |
Non Currrent Assets Other | 419.7M | 523.8M | 533.1M | 411M | 69.6M | 73.1M | |
Cash And Short Term Investments | 242.0M | 300.4M | 123.7M | 141.7M | 223.6M | 223.4M | |
Net Receivables | 558.4M | 566.6M | 671.4M | 677.0M | 677.8M | 368.7M | |
Common Stock Shares Outstanding | 66.2M | 66.7M | 67.7M | 66.7M | 66.9M | 55.5M | |
Liabilities And Stockholders Equity | 3.6B | 4.0B | 4.1B | 4.2B | 4.5B | 4.7B | |
Non Current Liabilities Total | 1.3B | 1.4B | 1.2B | 1.2B | 879.3M | 556.5M | |
Inventory | 375.8M | 379.4M | 441.5M | 486.8M | 513.1M | 258.4M | |
Other Current Assets | 115.0M | 122.6M | 121.7M | 124.8M | 134.8M | 68.6M | |
Other Stockholder Equity | 389.4M | 487.6M | 495.3M | 465.4M | 36.2M | 34.4M | |
Total Liab | 2.0B | 2.1B | 2.2B | 2.1B | 2.1B | 2.2B | |
Property Plant And Equipment Gross | 1.2B | 1.3B | 3.6B | 3.7B | 4.0B | 4.2B | |
Total Current Assets | 1.3B | 1.4B | 1.4B | 1.4B | 1.5B | 919.2M | |
Accumulated Other Comprehensive Income | (341.9M) | (281.7M) | (316.0M) | (341.4M) | (308.7M) | (293.3M) | |
Short Term Debt | 110.2M | 117.9M | 289.6M | 122.8M | 458.2M | 481.1M | |
Intangible Assets | 291.1M | 344.3M | 362.3M | 315.7M | 283.2M | 297.4M | |
Retained Earnings | 1.5B | 1.6B | 1.8B | 1.9B | 2.1B | 1.1B | |
Common Stock | 686K | 695K | 704K | 709K | 717K | 696.2K | |
Other Liab | 165.9M | 251.7M | 267.2M | 122.5M | 140.9M | 99.0M | |
Other Assets | 47.9M | 59.5M | 533.1M | 57.1M | 65.7M | 58.8M | |
Long Term Debt | 1.1B | 1.1B | 907.0M | 1.1B | 681.2M | 564.5M | |
Good Will | 763.5M | 898.5M | 974.2M | 945.6M | 963.4M | 1.0B | |
Treasury Stock | (318.2M) | (381.2M) | (361.6M) | (421.2M) | (379.1M) | (398.0M) | |
Property Plant Equipment | 1.1B | 1.3B | 1.3B | 1.4B | 1.6B | 857.5M | |
Net Tangible Assets | 1.6B | 607.6M | 995.3M | 792.6M | 713.3M | 702.6M | |
Long Term Debt Total | 1.1B | 1.1B | 907.0M | 1.1B | 1.2B | 862.2M | |
Capital Surpluse | 770.6M | 849.2M | 916.5M | 968.6M | 1.1B | 683.5M |
Pair Trading with AptarGroup
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 AptarGroup 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 AptarGroup will appreciate offsetting losses from the drop in the long position's value.Moving against AptarGroup Stock
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The ability to find closely correlated positions to AptarGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AptarGroup 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 AptarGroup - 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 AptarGroup to buy it.
The correlation of AptarGroup 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 AptarGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AptarGroup 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 AptarGroup 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 AptarGroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in AptarGroup Stock, please use our How to Invest in AptarGroup guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for AptarGroup Stock analysis
When running AptarGroup's price analysis, check to measure AptarGroup'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 AptarGroup is operating at the current time. Most of AptarGroup's value examination focuses on studying past and present price action to predict the probability of AptarGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AptarGroup's price. Additionally, you may evaluate how the addition of AptarGroup to your portfolios can decrease your overall portfolio volatility.
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Is AptarGroup'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 AptarGroup. If investors know AptarGroup 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 AptarGroup 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 0.5 | Dividend Share 1.61 | Earnings Share 4.67 | Revenue Per Share 53.851 | Quarterly Revenue Growth 0.064 |
The market value of AptarGroup is measured differently than its book value, which is the value of AptarGroup that is recorded on the company's balance sheet. Investors also form their own opinion of AptarGroup's value that differs from its market value or its book value, called intrinsic value, which is AptarGroup'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 AptarGroup's market value can be influenced by many factors that don't directly affect AptarGroup'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 AptarGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if AptarGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AptarGroup'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.