Antero EBITDA Margin vs Return on Average Equity Analysis
AM Stock | USD 14.02 0.08 0.57% |
Trend analysis of Antero Midstream Partners balance sheet accounts such as Other Current Liab of 63.5 M or Total Current Liabilities of 74.3 M provides information on Antero Midstream's total assets, liabilities, and equity, which is the actual value of Antero Midstream Partners to its prevalent stockholders. By breaking down trends over time using Antero Midstream balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Antero Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Antero Midstream Partners at a specified time, usually calculated after every quarter, six months, or one year. Antero Midstream Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Antero Midstream and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Antero currently owns. An asset can also be divided into two categories, current and non-current.
Antero Midstream Balance Sheet Chart
Antero Midstream Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Antero Midstream Partners uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Antero Midstream's Deferred Long Term Liabilities is very stable compared to the past year. As of the 25th of April 2024, Non Currrent Assets Other is likely to grow to about 11.4 M, while Total Current Liabilities is likely to drop about 74.3 M. Add Fundamental
Total Assets
Total assets refers to the total amount of Antero Midstream assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Antero Midstream Partners books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Antero Midstream balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Antero Midstream Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Antero Midstream obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Antero Midstream Partners are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Antero Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antero Midstream Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Antero Midstream's Tax Provision is very stable compared to the past year. As of the 25th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Selling General Administrative is likely to drop about 43.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 149.9M | 608.0M | 692.4M | 727.0M | Cost Of Revenue | 84.3M | 382.7M | 420.1M | 230.8M |
Antero Midstream fundamental ratios Correlations
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Antero Midstream Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Antero Midstream fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3B | 5.6B | 5.5B | 5.8B | 5.9B | 6.1B | |
Other Current Liab | 232.3M | 80.6M | 85.5M | 73.8M | 81.5M | 63.5M | |
Total Current Liabilities | 242.1M | 94.0M | 114.0M | 102.1M | 96.4M | 74.3M | |
Total Stockholder Equity | 3.1B | 2.4B | 2.3B | 2.2B | 2.2B | 1.3B | |
Accounts Payable | 9.8M | 13.4M | 28.5M | 28.3M | 15.0M | 12.0M | |
Total Liab | 3.1B | 3.2B | 3.3B | 3.6B | 3.7B | 3.9B | |
Other Assets | 117.7M | 2.3B | 12.7M | 12.0M | 13.8M | 13.1M | |
Net Tangible Assets | 1.1B | 990.8M | 929.9M | 906.2M | 1.0B | 681.4M | |
Cash | 1.2M | 640K | 0.0 | 66K | 59.4K | 56.4K | |
Common Stock Shares Outstanding | 442.6M | 478.3M | 479.7M | 480.3M | 482.4M | 362.5M | |
Other Current Assets | 1.7M | 1.5M | 920K | 1.3M | 1.5M | 986.3K | |
Other Stockholder Equity | 3.5B | 2.9B | 2.4B | 2.1B | 2.0B | 1.6B | |
Total Current Assets | 108.6M | 93.9M | 83.8M | 89.0M | 91.1M | 60.2M | |
Common Stock | 4.8M | 4.8M | 4.8M | 4.8M | 4.8M | 4.6M | |
Net Debt | 2.9B | 3.1B | 3.1B | 3.4B | 3.2B | 1.9B | |
Non Current Assets Total | 6.2B | 5.5B | 5.5B | 5.7B | 5.8B | 3.5B | |
Cash And Short Term Investments | 1.2M | 640K | 0.0 | 66K | 59.4K | 56.4K | |
Liabilities And Stockholders Equity | 6.3B | 5.6B | 5.5B | 5.8B | 5.9B | 3.6B | |
Non Current Liabilities Total | 2.9B | 3.1B | 3.1B | 3.5B | 3.6B | 2.0B | |
Long Term Investments | 709.6M | 722.5M | 696.0M | 652.8M | 750.7M | 392.8M | |
Non Currrent Assets Other | 14.5M | 9.6M | (1.1M) | (119.2M) | 10.9M | 11.4M | |
Long Term Debt Total | 2.9B | 3.1B | 3.1B | 3.4B | 3.9B | 2.0B | |
Net Invested Capital | 6.0B | 5.5B | 5.4B | 5.6B | 6.4B | 4.1B | |
Net Working Capital | (133.5M) | (74K) | (30.2M) | (13.1M) | (15.0M) | (15.8M) |
Pair Trading with Antero Midstream
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 Antero Midstream 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 Antero Midstream will appreciate offsetting losses from the drop in the long position's value.Moving together with Antero Stock
0.95 | ET | Energy Transfer LP Aggressive Push | PairCorr |
Moving against Antero Stock
0.82 | TK | Teekay | PairCorr |
0.63 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
0.59 | CQP | Cheniere Energy Partners Earnings Call This Week | PairCorr |
0.58 | FLNG | FLEX LNG Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Antero Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Antero Midstream 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 Antero Midstream - 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 Antero Midstream Partners to buy it.
The correlation of Antero Midstream 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 Antero Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Antero Midstream Partners 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 Antero Midstream 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, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Antero Midstream's price analysis, check to measure Antero Midstream'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 Antero Midstream is operating at the current time. Most of Antero Midstream's value examination focuses on studying past and present price action to predict the probability of Antero Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Antero Midstream's price. Additionally, you may evaluate how the addition of Antero Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Antero Midstream'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 Antero Midstream. If investors know Antero 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 Antero Midstream 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 0.232 | Dividend Share 0.9 | Earnings Share 0.77 | Revenue Per Share 2.321 | Quarterly Revenue Growth 0.072 |
The market value of Antero Midstream Partners is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream'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 Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream'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 Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream'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.