Amazon Interest Coverage from 2010 to 2023
AMZN Stock | USD 146.88 2.36 1.63% |
Check Amazon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amazon main balance sheet or income statement drivers, such as Direct Expenses of 311.6 B, Cost of Revenue of 232.7 B or Gross Profit of 242.9 B, as well as many exotic indicators such as Interest Coverage of 9.12, Long Term Debt to Equity of 0.51 or Calculated Tax Rate of 14.82. Amazon financial statements analysis is a perfect complement when working with Amazon Valuation or Volatility modules.
Amazon | Interest Coverage |
Amazon Interest Coverage Breakdown
Showing smoothed Interest Coverage of Amazon Inc with missing and latest data points interpolated. Amazon's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Amazon's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage | 10 Years Trend |
|
Interest Coverage |
Timeline |
Amazon Interest Coverage Regression Statistics
Arithmetic Mean | 40.28 | |
Geometric Mean | 14.15 | |
Coefficient Of Variation | 184.81 | |
Mean Deviation | 50.06 | |
Median | 12.71 | |
Standard Deviation | 74.44 | |
Sample Variance | 5,541 | |
Range | 214.46 | |
R-Value | (0.58) | |
Mean Square Error | 3,975 | |
R-Squared | 0.34 | |
Significance | 0.029286 | |
Slope | (10.34) | |
Total Sum of Squares | 72,035 |
Amazon Interest Coverage History
2023 | 9.12 | ||
2022 | 8.89 | ||
2021 | 18.28 | ||
2020 | 20.97 | ||
2019 | 18.93 | ||
2018 | 12.71 | ||
2017 | 6.36 | ||
2016 | 10.9 | ||
2015 | 5.46 | ||
2014 | 1.04 | ||
2013 | 7.23 |
About Amazon Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Amazon income statement, its balance sheet, and the statement of cash flows. Amazon investors use historical funamental indicators, such as Amazon's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Amazon investors may use each financial statement separately, they are all related. The changes in Amazon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Amazon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Amazon Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Amazon. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for 2023 | ||
Interest Coverage | 8.89 | 9.12 | |
Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 38.3 B | 34.8 B |
Amazon Investors Sentiment
The influence of Amazon's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Amazon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Amazon's public news can be used to forecast risks associated with an investment in Amazon. The trend in average sentiment can be used to explain how an investor holding Amazon can time the market purely based on public headlines and social activities around Amazon Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Amazon's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Amazon's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Amazon's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Amazon.
Amazon Implied Volatility | 36.23 |
Amazon's implied volatility exposes the market's sentiment of Amazon Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Amazon's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Amazon stock will not fluctuate a lot when Amazon's options are near their expiration.
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 Amazon 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, Amazon's short interest history, or implied volatility extrapolated from Amazon options trading.
Pair Trading with Amazon
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 Amazon 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 Amazon will appreciate offsetting losses from the drop in the long position's value.Moving together with Amazon Stock
+ | 0.61 | HD | Home Depot | Fiscal Quarter End 31st of January 2024 | PairCorr |
Moving against Amazon Stock
- | 0.48 | UCAR | U Power Limited | PairCorr | ||
- | 0.45 | FNKO | Funko Inc | Fiscal Quarter End 31st of December 2023 | PairCorr | |
- | 0.43 | VC | Visteon Corp | Fiscal Quarter End 31st of December 2023 | PairCorr |
The ability to find closely correlated positions to Amazon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amazon 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 Amazon - 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 Amazon Inc to buy it.
The correlation of Amazon is a statistical measure of how it moves in relation to other equities. 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 Amazon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon Inc 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 Amazon 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 the analysis of Amazon Correlation against competitors. Note that the Amazon Inc information on this page should be used as a complementary analysis to other Amazon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Amazon Stock analysis
When running Amazon's price analysis, check to measure Amazon'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 Amazon is operating at the current time. Most of Amazon's value examination focuses on studying past and present price action to predict the probability of Amazon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amazon's price. Additionally, you may evaluate how the addition of Amazon to your portfolios can decrease your overall portfolio volatility.
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Is Amazon'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 Amazon. If investors know Amazon 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 Amazon 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 2.357 | Earnings Share 1.94 | Revenue Per Share 53.946 | Quarterly Revenue Growth 0.126 | Return On Assets 0.0361 |
The market value of Amazon Inc is measured differently than its book value, which is the value of Amazon that is recorded on the company's balance sheet. Investors also form their own opinion of Amazon's value that differs from its market value or its book value, called intrinsic value, which is Amazon'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 Amazon's market value can be influenced by many factors that don't directly affect Amazon'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 Amazon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amazon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amazon'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.