Antero Earnings per Diluted Share vs Return on Sales Analysis

AM Stock  USD 13.89  0.10  0.73%   
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.
  
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.

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 28th of March 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.

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.
As of the 28th of March 2024, Tax Provision is likely to grow to about 136.6 M, while Selling General Administrative is likely to drop about 43.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit149.9M608.0M692.4M727.0M
Cost Of Revenue84.3M382.7M420.1M230.8M

Antero Midstream fundamental ratios Correlations

0.760.820.930.730.850.990.70.320.10.09-0.18-0.530.740.960.890.750.6-0.230.05-0.510.960.97-0.360.960.96
0.760.990.860.380.530.680.460.17-0.130.21-0.42-0.310.670.710.820.810.42-0.03-0.08-0.290.720.78-0.250.70.75
0.820.990.910.490.570.740.50.18-0.120.24-0.39-0.320.710.770.840.840.45-0.02-0.09-0.30.780.83-0.30.770.81
0.930.860.910.70.690.870.640.37-0.040.22-0.34-0.40.740.920.90.850.54-0.080.08-0.380.920.94-0.370.910.93
0.730.380.490.70.550.730.510.1-0.030.110.07-0.350.470.780.580.520.38-0.12-0.1-0.330.780.74-0.510.780.73
0.850.530.570.690.550.890.890.240.28-0.33-0.26-0.790.770.840.660.370.84-0.590.06-0.780.840.83-0.10.840.84
0.990.680.740.870.730.890.720.30.180.02-0.12-0.580.720.960.860.680.64-0.290.05-0.560.960.96-0.330.960.95
0.70.460.50.640.510.890.720.220.45-0.53-0.3-0.90.610.760.60.190.97-0.750.17-0.890.760.760.140.770.78
0.320.170.180.370.10.240.30.22-0.170.04-0.65-0.20.290.390.410.380.25-0.080.89-0.20.370.36-0.080.350.39
0.1-0.13-0.12-0.04-0.030.280.180.45-0.17-0.520.41-0.49-0.230.140.11-0.340.5-0.530.1-0.50.150.130.660.170.13
0.090.210.240.220.11-0.330.02-0.530.04-0.520.130.790.160.040.170.64-0.610.95-0.240.80.040.05-0.640.040.03
-0.18-0.42-0.39-0.340.07-0.26-0.12-0.3-0.650.410.130.28-0.52-0.25-0.22-0.31-0.370.2-0.50.28-0.23-0.27-0.04-0.2-0.3
-0.53-0.31-0.32-0.4-0.35-0.79-0.58-0.9-0.2-0.490.790.28-0.35-0.58-0.430.06-0.920.94-0.271.0-0.58-0.58-0.32-0.58-0.59
0.740.670.710.740.470.770.720.610.29-0.230.16-0.52-0.350.740.610.660.53-0.09-0.09-0.330.740.76-0.420.740.76
0.960.710.770.920.780.840.960.760.390.140.04-0.25-0.580.740.890.720.69-0.270.14-0.561.00.99-0.311.01.0
0.890.820.840.90.580.660.860.60.410.110.17-0.22-0.430.610.890.790.55-0.120.19-0.410.90.92-0.350.90.91
0.750.810.840.850.520.370.680.190.38-0.340.64-0.310.060.660.720.790.110.390.020.080.730.75-0.580.710.73
0.60.420.450.540.380.840.640.970.250.5-0.61-0.37-0.920.530.690.550.11-0.810.26-0.920.690.690.270.690.71
-0.23-0.03-0.02-0.08-0.12-0.59-0.29-0.75-0.08-0.530.950.20.94-0.09-0.27-0.120.39-0.81-0.260.95-0.27-0.27-0.51-0.27-0.29
0.05-0.08-0.090.08-0.10.060.050.170.890.1-0.24-0.5-0.27-0.090.140.190.020.26-0.26-0.270.120.110.270.10.15
-0.51-0.29-0.3-0.38-0.33-0.78-0.56-0.89-0.2-0.50.80.281.0-0.33-0.56-0.410.08-0.920.95-0.27-0.56-0.56-0.35-0.56-0.57
0.960.720.780.920.780.840.960.760.370.150.04-0.23-0.580.741.00.90.730.69-0.270.12-0.560.99-0.311.00.99
0.970.780.830.940.740.830.960.760.360.130.05-0.27-0.580.760.990.920.750.69-0.270.11-0.560.99-0.30.991.0
-0.36-0.25-0.3-0.37-0.51-0.1-0.330.14-0.080.66-0.64-0.04-0.32-0.42-0.31-0.35-0.580.27-0.510.27-0.35-0.31-0.3-0.31-0.29
0.960.70.770.910.780.840.960.770.350.170.04-0.2-0.580.741.00.90.710.69-0.270.1-0.561.00.99-0.310.99
0.960.750.810.930.730.840.950.780.390.130.03-0.3-0.590.761.00.910.730.71-0.290.15-0.570.991.0-0.290.99
Click cells to compare fundamentals

Antero Midstream Account Relationship Matchups

Antero Midstream fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B5.6B5.5B5.8B5.9B6.1B
Other Current Liab232.3M80.6M85.5M73.8M81.5M63.5M
Total Current Liabilities242.1M94.0M114.0M102.1M96.4M74.3M
Total Stockholder Equity3.1B2.4B2.3B2.2B2.2B1.3B
Accounts Payable9.8M13.4M28.5M28.3M15.0M12.0M
Total Liab3.1B3.2B3.3B3.6B3.7B3.9B
Other Assets117.7M2.3B12.7M12.0M13.8M13.1M
Net Tangible Assets1.1B990.8M929.9M906.2M1.0B681.4M
Cash1.2M640K0.066K59.4K56.4K
Common Stock Shares Outstanding442.6M478.3M479.7M480.3M482.4M362.5M
Other Current Assets1.7M1.5M920K1.3M1.5M986.3K
Other Stockholder Equity3.5B2.9B2.4B2.1B2.0B1.6B
Total Current Assets108.6M93.9M83.8M89.0M91.1M60.2M
Common Stock4.8M4.8M4.8M4.8M4.8M4.6M
Net Debt2.9B3.1B3.1B3.4B3.2B1.9B
Non Current Assets Total6.2B5.5B5.5B5.7B5.8B3.5B
Cash And Short Term Investments1.2M640K0.066K59.4K56.4K
Liabilities And Stockholders Equity6.3B5.6B5.5B5.8B5.9B3.6B
Non Current Liabilities Total2.9B3.1B3.1B3.5B3.6B2.0B
Long Term Investments709.6M722.5M696.0M652.8M750.7M392.8M
Non Currrent Assets Other14.5M9.6M(1.1M)(119.2M)10.9M11.4M
Long Term Debt Total2.9B3.1B3.1B3.4B3.9B2.0B
Net Invested Capital6.0B5.5B5.4B5.6B6.4B4.1B
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

  0.91ET Energy Transfer LP Financial Report 7th of May 2024 PairCorr
  0.67NS NuStar Energy LP Financial Report 2nd of May 2024 PairCorr

Moving against Antero Stock

  0.7TK TeekayPairCorr
  0.69FLNG FLEX LNG Financial Report 21st of May 2024 PairCorr
  0.52EURN Euronav NV Financial Report 9th of May 2024 PairCorr
  0.51CQP Cheniere Energy Partners Financial Report 7th of May 2024 PairCorr
  0.49LNG Cheniere Energy Financial Report 7th 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.
Pair CorrelationCorrelation Matching
When determining whether Antero Midstream Partners is a strong investment it is important to analyze Antero Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Antero Midstream's future performance. For an informed investment choice regarding Antero Stock, refer to the following important reports:
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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
0.73
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.