Amgen financial leverage is the degree to which the firm utilises its fixed-income securities. Companies with high leverage are usually considered to be at financial risk. Amgen financial risk is the risk to Amgen stockholders that is caused by an increase in debt. In other words with a high degree of financial leverage come high interest payments which usually reduces Earnings Per Share (EPS). Check also analysis of Amgen Fundamentals Over Time.
The company currently holds 34.5 B in liabilities with Debt to Equity (D/E) ratio of 231.3 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Amgen has Current Ratio of 3.32 suggesting that it is liquid enough and is able to pay its financial obligations when they are due.
Amgen Accumulated Other Comprehensive Income Over Time
Correlation analysis and pair trading evaluation for Amgen and China Cord Blood. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return