Amprius Technologies Stock Current Ratio
| AMPX Stock | USD 1.69 0.07 3.98% |
Amprius Technologies fundamentals help investors to digest information that contributes to Amprius Technologies' financial success or failures. It also enables traders to predict the movement of Amprius Stock. The fundamental analysis module provides a way to measure Amprius Technologies' 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 Amprius Technologies stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 3.75 | 3.66 |
Amprius | Current Ratio |
Amprius Technologies Company Current Ratio Analysis
Amprius Technologies' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Amprius Technologies Current Ratio | 1.25 X |
Most of Amprius Technologies' fundamental indicators, such as Current Ratio, 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, Amprius Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Amprius Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Amprius Technologies is extremely important. It helps to project a fair market value of Amprius Stock properly, considering its historical fundamentals such as Current Ratio. Since Amprius Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Amprius Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Amprius Technologies' interrelated accounts and indicators.
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Amprius Current Ratio Historical Pattern
Today, most investors in Amprius Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Amprius Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Amprius Technologies current ratio as a starting point in their analysis.
Amprius Technologies Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
Amprius Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Amprius Technologies has a Current Ratio of 1.25 times. This is 39.32% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The current ratio for all United States stocks is 42.13% higher than that of the company.
Amprius Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amprius Technologies' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Amprius Technologies could also be used in its relative valuation, which is a method of valuing Amprius Technologies by comparing valuation metrics of similar companies.Amprius Technologies is currently under evaluation in current ratio category among related companies.
Amprius Fundamentals
| Return On Equity | -0.55 | ||||
| Return On Asset | -0.25 | ||||
| Operating Margin | (2.47) % | ||||
| Current Valuation | 144.61 M | ||||
| Shares Outstanding | 91.6 M | ||||
| Shares Owned By Insiders | 79.94 % | ||||
| Shares Owned By Institutions | 5.09 % | ||||
| Number Of Shares Shorted | 1.59 M | ||||
| Price To Book | 2.88 X | ||||
| Price To Sales | 19.02 X | ||||
| Revenue | 8.79 M | ||||
| Gross Profit | (5.44 M) | ||||
| EBITDA | (36.32 M) | ||||
| Net Income | (36.78 M) | ||||
| Cash And Equivalents | 5.24 M | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 35.57 M | ||||
| Debt To Equity | 0.37 % | ||||
| Current Ratio | 1.25 X | ||||
| Book Value Per Share | 0.67 X | ||||
| Cash Flow From Operations | (25.55 M) | ||||
| Short Ratio | 2.50 X | ||||
| Earnings Per Share | (0.43) X | ||||
| Target Price | 10.83 | ||||
| Number Of Employees | 80 | ||||
| Market Capitalization | 154.8 M | ||||
| Total Asset | 107.74 M | ||||
| Retained Earnings | (129.66 M) | ||||
| Working Capital | 37.06 M | ||||
| Net Asset | 107.74 M |
About Amprius Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amprius Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amprius Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amprius Technologies 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.
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 Amprius Technologies 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, Amprius Technologies' short interest history, or implied volatility extrapolated from Amprius Technologies options trading.
Pair Trading with Amprius Technologies
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 Amprius Technologies 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 Amprius Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Amprius Stock
| 0.81 | ENVX | Enovix Corp Financial Report 24th of April 2024 | PairCorr |
| 0.66 | EOSE | Eos Energy Enterprises Financial Report 14th of May 2024 | PairCorr |
Moving against Amprius Stock
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| 0.79 | AYI | Acuity Brands Financial Report 4th of July 2024 | PairCorr |
| 0.77 | WIRE | Encore Wire Earnings Call Today | PairCorr |
| 0.56 | FREY | FREYR Battery SA Financial Report 20th of May 2024 | PairCorr |
| 0.44 | ENCPW | Energem Corp Warrant | PairCorr |
The ability to find closely correlated positions to Amprius Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amprius Technologies 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 Amprius Technologies - 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 Amprius Technologies to buy it.
The correlation of Amprius Technologies 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 Amprius Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amprius Technologies 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 Amprius Technologies 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 Amprius Technologies Piotroski F Score and Amprius Technologies Altman Z Score analysis. For more information on how to buy Amprius Stock please use our How to Invest in Amprius Technologies guide.You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Amprius Stock analysis
When running Amprius Technologies' price analysis, check to measure Amprius Technologies' 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 Amprius Technologies is operating at the current time. Most of Amprius Technologies' value examination focuses on studying past and present price action to predict the probability of Amprius Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amprius Technologies' price. Additionally, you may evaluate how the addition of Amprius Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Amprius Technologies' 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 Amprius Technologies. If investors know Amprius 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 Amprius Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share 0.105 | Quarterly Revenue Growth 3.98 | Return On Assets (0.25) | Return On Equity (0.55) |
The market value of Amprius Technologies is measured differently than its book value, which is the value of Amprius that is recorded on the company's balance sheet. Investors also form their own opinion of Amprius Technologies' value that differs from its market value or its book value, called intrinsic value, which is Amprius Technologies' 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 Amprius Technologies' market value can be influenced by many factors that don't directly affect Amprius Technologies' 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 Amprius Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amprius Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amprius Technologies' 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.