Amerisourcebergen Stock Total Asset
ABCDelisted Stock | USD 179.98 0.95 0.53% |
AmerisourceBergen fundamentals help investors to digest information that contributes to AmerisourceBergen's financial success or failures. It also enables traders to predict the movement of AmerisourceBergen Stock. The fundamental analysis module provides a way to measure AmerisourceBergen's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AmerisourceBergen stock.
AmerisourceBergen |
AmerisourceBergen Company Total Asset Analysis
AmerisourceBergen's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current AmerisourceBergen Total Asset | 56.56 B |
Most of AmerisourceBergen's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AmerisourceBergen is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CompetitionBased on the latest financial disclosure, AmerisourceBergen has a Total Asset of 56.56 B. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The total asset for all United States stocks is 91.95% lower than that of the firm.
AmerisourceBergen Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AmerisourceBergen's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AmerisourceBergen could also be used in its relative valuation, which is a method of valuing AmerisourceBergen by comparing valuation metrics of similar companies.AmerisourceBergen is currently under evaluation in total asset category among related companies.
AmerisourceBergen Fundamentals
Return On Equity | 2.34 | |||
Return On Asset | 0.027 | |||
Profit Margin | 0.01 % | |||
Operating Margin | 0.01 % | |||
Current Valuation | 41.48 B | |||
Shares Outstanding | 200.85 M | |||
Shares Owned By Insiders | 16.68 % | |||
Shares Owned By Institutions | 78.91 % | |||
Number Of Shares Shorted | 7.02 M | |||
Price To Earning | 20.86 X | |||
Price To Book | 5.58 X | |||
Price To Sales | 0.14 X | |||
Revenue | 238.59 B | |||
Gross Profit | 8.33 B | |||
EBITDA | 3.47 B | |||
Net Income | 1.67 B | |||
Cash And Equivalents | 3.39 B | |||
Cash Per Share | 16.47 X | |||
Total Debt | 5.7 B | |||
Current Ratio | 0.91 X | |||
Book Value Per Share | 3.39 X | |||
Cash Flow From Operations | 2.7 B | |||
Short Ratio | 3.04 X | |||
Earnings Per Share | 8.20 X | |||
Price To Earnings To Growth | 1.58 X | |||
Target Price | 209.57 | |||
Number Of Employees | 46 K | |||
Beta | 0.56 | |||
Market Capitalization | 36.05 B | |||
Total Asset | 56.56 B | |||
Retained Earnings | 2.98 B | |||
Working Capital | (3.89 B) | |||
Current Asset | 22.85 B | |||
Current Liabilities | 25.28 B | |||
Z Score | 8.2 | |||
Annual Yield | 0.01 % | |||
Five Year Return | 1.64 % | |||
Net Asset | 56.56 B | |||
Last Dividend Paid | 1.92 |
About AmerisourceBergen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AmerisourceBergen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AmerisourceBergen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AmerisourceBergen based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with AmerisourceBergen
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 AmerisourceBergen 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 AmerisourceBergen will appreciate offsetting losses from the drop in the long position's value.Moving against AmerisourceBergen Stock
0.61 | CSCO | Cisco Systems Fiscal Quarter End 30th of April 2024 | PairCorr |
The ability to find closely correlated positions to AmerisourceBergen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AmerisourceBergen 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 AmerisourceBergen - 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 AmerisourceBergen to buy it.
The correlation of AmerisourceBergen 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 AmerisourceBergen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AmerisourceBergen 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 AmerisourceBergen 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the AmerisourceBergen information on this page should be used as a complementary analysis to other AmerisourceBergen'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in AmerisourceBergen Stock
If you are still planning to invest in AmerisourceBergen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AmerisourceBergen's history and understand the potential risks before investing.
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |