Amazon Inc Stock Current Asset

AMZN Stock  USD 174.48  0.06  0.03%   
Amazon Inc fundamentals help investors to digest information that contributes to Amazon's financial success or failures. It also enables traders to predict the movement of Amazon Stock. The fundamental analysis module provides a way to measure Amazon'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 Amazon stock.
As of the 18th of March 2024, Non Current Assets Total is likely to grow to about 373.3 B. Also, Other Current Assets is likely to grow to about 10.7 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Amazon Current Asset Analysis

Amazon's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
 2021 2022 2023 2024 (projected)
Gross Profit197.5B225.2B270.0B283.5B
Total Revenue469.8B514.0B574.8B603.5B

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Current Amazon Current Asset

    
  35.7 B  
Most of Amazon's fundamental indicators, such as Current 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, Amazon Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Amazon Current Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Amazon is extremely important. It helps to project a fair market value of Amazon Stock properly, considering its historical fundamentals such as Current Asset. Since Amazon's 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 Amazon's 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 Amazon's interrelated accounts and indicators.
0.970.990.940.990.980.930.981.00.990.940.990.540.970.810.940.990.980.990.860.99-0.320.980.980.990.840.040.950.930.230.810.6
0.970.940.910.930.970.850.950.980.970.840.990.490.970.780.970.950.970.950.870.97-0.420.940.960.960.89-0.020.950.880.180.780.59
0.990.940.911.00.950.950.990.970.960.940.970.460.950.850.910.990.950.990.810.99-0.260.980.980.990.780.080.920.920.230.850.64
0.940.910.910.930.930.890.880.950.930.90.910.650.880.720.850.940.950.940.810.9-0.250.910.910.910.760.050.910.920.210.710.48
0.990.931.00.930.950.950.990.970.960.950.960.50.940.830.91.00.950.990.810.98-0.230.980.980.990.770.110.920.930.260.830.62
0.980.970.950.930.950.890.950.991.00.930.980.630.960.720.950.960.960.960.910.96-0.420.940.950.960.88-0.010.960.890.280.710.51
0.930.850.950.890.950.890.940.920.890.950.890.410.850.860.790.960.910.960.680.93-0.270.930.940.940.620.040.80.910.10.860.65
0.980.950.990.880.990.950.940.970.960.920.970.390.960.880.930.990.950.990.791.0-0.290.980.991.00.80.030.910.910.180.870.69
1.00.980.970.950.970.990.920.970.990.930.990.580.970.780.950.980.980.980.880.98-0.360.970.970.980.860.010.960.920.230.780.57
0.990.970.960.930.961.00.890.960.990.930.990.630.970.720.950.960.960.970.910.96-0.40.950.950.960.870.010.960.90.330.710.51
0.940.840.940.90.950.930.950.920.930.930.90.580.870.750.810.950.890.960.770.91-0.220.940.90.920.680.170.870.910.240.750.55
0.990.990.970.910.960.980.890.970.990.990.90.530.970.780.960.970.970.970.880.98-0.380.960.970.980.89-0.030.950.890.240.780.58
0.540.490.460.650.50.630.410.390.580.630.580.530.48-0.020.460.490.490.490.750.42-0.290.420.40.410.550.050.630.510.66-0.03-0.2
0.970.970.950.880.940.960.850.960.970.970.870.970.480.770.990.940.950.950.880.97-0.330.940.960.960.91-0.010.940.860.240.770.6
0.810.780.850.720.830.720.860.880.780.720.750.78-0.020.770.740.850.830.850.450.87-0.120.880.880.880.530.070.660.8-0.261.00.87
0.940.970.910.850.90.950.790.930.950.950.810.960.460.990.740.910.950.910.880.94-0.390.90.940.930.94-0.080.920.820.20.740.58
0.990.950.990.941.00.960.960.990.980.960.950.970.490.940.850.910.971.00.810.99-0.260.980.980.990.770.070.920.940.190.850.64
0.980.970.950.950.950.960.910.950.980.960.890.970.490.950.830.950.970.970.840.97-0.320.940.980.970.84-0.030.90.920.120.820.61
0.990.950.990.940.990.960.960.990.980.970.960.970.490.950.850.911.00.970.810.99-0.270.980.990.990.780.060.910.940.190.850.64
0.860.870.810.810.810.910.680.790.880.910.770.880.750.880.450.880.810.840.810.81-0.410.760.790.80.90.010.870.750.520.440.25
0.990.970.990.90.980.960.931.00.980.960.910.980.420.970.870.940.990.970.990.81-0.310.980.991.00.820.040.920.910.180.860.67
-0.32-0.42-0.26-0.25-0.23-0.42-0.27-0.29-0.36-0.4-0.22-0.38-0.29-0.33-0.12-0.39-0.26-0.32-0.27-0.41-0.31-0.23-0.29-0.28-0.40.29-0.3-0.2-0.11-0.11-0.04
0.980.940.980.910.980.940.930.980.970.950.940.960.420.940.880.90.980.940.980.760.98-0.230.970.990.760.110.930.920.110.870.69
0.980.960.980.910.980.950.940.990.970.950.90.970.40.960.880.940.980.980.990.790.99-0.290.970.990.81-0.010.890.910.130.880.68
0.990.960.990.910.990.960.941.00.980.960.920.980.410.960.880.930.990.970.990.81.0-0.280.990.990.80.040.920.920.140.880.68
0.840.890.780.760.770.880.620.80.860.870.680.890.550.910.530.940.770.840.780.90.82-0.40.760.810.8-0.140.860.680.310.530.39
0.04-0.020.080.050.11-0.010.040.030.010.010.17-0.030.05-0.010.07-0.080.07-0.030.060.010.040.290.11-0.010.04-0.140.10.190.090.080.13
0.950.950.920.910.920.960.80.910.960.960.870.950.630.940.660.920.920.90.910.870.92-0.30.930.890.920.860.10.850.330.660.48
0.930.880.920.920.930.890.910.910.920.90.910.890.510.860.80.820.940.920.940.750.91-0.20.920.910.920.680.190.850.180.790.71
0.230.180.230.210.260.280.10.180.230.330.240.240.660.24-0.260.20.190.120.190.520.18-0.110.110.130.140.310.090.330.18-0.26-0.34
0.810.780.850.710.830.710.860.870.780.710.750.78-0.030.771.00.740.850.820.850.440.86-0.110.870.880.880.530.080.660.79-0.260.87
0.60.590.640.480.620.510.650.690.570.510.550.58-0.20.60.870.580.640.610.640.250.67-0.040.690.680.680.390.130.480.71-0.340.87
Click cells to compare fundamentals
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Amazon Total Assets

Total Assets

554.25 Billion

At this time, Amazon's Total Assets are very stable compared to the past year.
In accordance with the recently published financial statements, Amazon Inc has a Current Asset of 35.7 B. This is 31.28% lower than that of the Internet & Direct Marketing Retail sector and significantly higher than that of the Consumer Discretionary industry. The current asset for all United States stocks is significantly lower than that of the firm.

Amazon Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amazon's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Amazon could also be used in its relative valuation, which is a method of valuing Amazon by comparing valuation metrics of similar companies.
Amazon is currently under evaluation in current asset category among related companies.

Amazon ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Amazon's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Amazon's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Amazon Fundamentals

About Amazon Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Amazon Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amazon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amazon Inc 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.
Last ReportedProjected for 2024
Non Current Assets Total355.5 B373.3 B
Other Current Assets10.2 B10.7 B
Total Current Assets172.4 B181 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

    
  36.77  
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

  0.89HD Home Depot Financial Report 21st of May 2024 PairCorr
  0.71CVNA Carvana Aggressive PushPairCorr

Moving against Amazon Stock

  0.95EXTO Almacenes Xito SAPairCorr
  0.81TSLA Tesla Inc Buyout TrendPairCorr
  0.77FTCH Farfetch ClassPairCorr
  0.75CHWY Chewy Inc Earnings Call This WeekPairCorr
  0.74CUK Carnival Plc ADS Earnings Call This WeekPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Amazon Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amazon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amazon Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amazon Inc Stock:
Check out Amazon Piotroski F Score and Amazon Altman Z Score analysis.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
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
50.693
Earnings Share
2.9
Revenue Per Share
55.783
Quarterly Revenue Growth
0.139
Return On Assets
0.0465
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.