Antero Payout Ratio vs Free Cash Flow per Share Analysis

AM Stock

USD 14.02 0.08 0.57%

Antero Midstream financial indicator trend analysis is way more than just evaluating Antero Midstream Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Antero Midstream Partners is a good investment. Please check the relationship between Antero Midstream Payout Ratio and its Free Cash Flow Per Share accounts. 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.

Payout Ratio vs Free Cash Flow Per Share

Payout Ratio vs Free Cash Flow per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antero Midstream Partners Payout Ratio account and Free Cash Flow per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Antero Midstream's Payout Ratio and Free Cash Flow per Share is -0.32. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Free Cash Flow per Share in the same time period over historical financial statements of Antero Midstream Partners, assuming nothing else is changed. The correlation between historical values of Antero Midstream's Payout Ratio and Free Cash Flow per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Antero Midstream Partners are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Payout Ratio i.e., Antero Midstream's Payout Ratio and Free Cash Flow per Share go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Antero Midstream Partners earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Antero Midstream Partners dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Antero Midstream Partners is paying out more in dividends than it makes in net income.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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

Gross Profit Cost Of Revenue

Antero Midstream fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Long Term Debt	Total Liab	Property Plant Equipment	Other Assets	Other Liab	Net Tangible Assets	Retained Earnings	Cash	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Non Current Liabilities Total	Long Term Investments
Total Assets		0.76	0.82	0.93	0.73	0.85	0.99	0.7	0.32	0.1	0.09	-0.18	-0.53	0.74	0.96	0.89	0.75	0.6	-0.23	0.05	-0.51	0.96	0.97	-0.36	0.96	0.96
Other Current Liab	0.76		0.99	0.86	0.38	0.53	0.68	0.46	0.17	-0.13	0.21	-0.42	-0.31	0.67	0.71	0.82	0.81	0.42	-0.03	-0.08	-0.29	0.72	0.78	-0.25	0.7	0.75
Total Current Liabilities	0.82	0.99		0.91	0.49	0.57	0.74	0.5	0.18	-0.12	0.24	-0.39	-0.32	0.71	0.77	0.84	0.84	0.45	-0.02	-0.09	-0.3	0.78	0.83	-0.3	0.77	0.81
Total Stockholder Equity	0.93	0.86	0.91		0.7	0.69	0.87	0.64	0.37	-0.04	0.22	-0.34	-0.4	0.74	0.92	0.9	0.85	0.54	-0.08	0.08	-0.38	0.92	0.94	-0.37	0.91	0.93
Accounts Payable	0.73	0.38	0.49	0.7		0.55	0.73	0.51	0.1	-0.03	0.11	0.07	-0.35	0.47	0.78	0.58	0.52	0.38	-0.12	-0.1	-0.33	0.78	0.74	-0.51	0.78	0.73
Long Term Debt	0.85	0.53	0.57	0.69	0.55		0.89	0.89	0.24	0.28	-0.33	-0.26	-0.79	0.77	0.84	0.66	0.37	0.84	-0.59	0.06	-0.78	0.84	0.83	-0.1	0.84	0.84
Total Liab	0.99	0.68	0.74	0.87	0.73	0.89		0.72	0.3	0.18	0.02	-0.12	-0.58	0.72	0.96	0.86	0.68	0.64	-0.29	0.05	-0.56	0.96	0.96	-0.33	0.96	0.95
Property Plant Equipment	0.7	0.46	0.5	0.64	0.51	0.89	0.72		0.22	0.45	-0.53	-0.3	-0.9	0.61	0.76	0.6	0.19	0.97	-0.75	0.17	-0.89	0.76	0.76	0.14	0.77	0.78
Other Assets	0.32	0.17	0.18	0.37	0.1	0.24	0.3	0.22		-0.17	0.04	-0.65	-0.2	0.29	0.39	0.41	0.38	0.25	-0.08	0.89	-0.2	0.37	0.36	-0.08	0.35	0.39
Other Liab	0.1	-0.13	-0.12	-0.04	-0.03	0.28	0.18	0.45	-0.17		-0.52	0.41	-0.49	-0.23	0.14	0.11	-0.34	0.5	-0.53	0.1	-0.5	0.15	0.13	0.66	0.17	0.13
Net Tangible Assets	0.09	0.21	0.24	0.22	0.11	-0.33	0.02	-0.53	0.04	-0.52		0.13	0.79	0.16	0.04	0.17	0.64	-0.61	0.95	-0.24	0.8	0.04	0.05	-0.64	0.04	0.03
Retained Earnings	-0.18	-0.42	-0.39	-0.34	0.07	-0.26	-0.12	-0.3	-0.65	0.41	0.13		0.28	-0.52	-0.25	-0.22	-0.31	-0.37	0.2	-0.5	0.28	-0.23	-0.27	-0.04	-0.2	-0.3
Cash	-0.53	-0.31	-0.32	-0.4	-0.35	-0.79	-0.58	-0.9	-0.2	-0.49	0.79	0.28		-0.35	-0.58	-0.43	0.06	-0.92	0.94	-0.27	1.0	-0.58	-0.58	-0.32	-0.58	-0.59
Net Receivables	0.74	0.67	0.71	0.74	0.47	0.77	0.72	0.61	0.29	-0.23	0.16	-0.52	-0.35		0.74	0.61	0.66	0.53	-0.09	-0.09	-0.33	0.74	0.76	-0.42	0.74	0.76
Common Stock Shares Outstanding	0.96	0.71	0.77	0.92	0.78	0.84	0.96	0.76	0.39	0.14	0.04	-0.25	-0.58	0.74		0.89	0.72	0.69	-0.27	0.14	-0.56	1.0	0.99	-0.31	1.0	1.0
Other Current Assets	0.89	0.82	0.84	0.9	0.58	0.66	0.86	0.6	0.41	0.11	0.17	-0.22	-0.43	0.61	0.89		0.79	0.55	-0.12	0.19	-0.41	0.9	0.92	-0.35	0.9	0.91
Other Stockholder Equity	0.75	0.81	0.84	0.85	0.52	0.37	0.68	0.19	0.38	-0.34	0.64	-0.31	0.06	0.66	0.72	0.79		0.11	0.39	0.02	0.08	0.73	0.75	-0.58	0.71	0.73
Short Long Term Debt	0.6	0.42	0.45	0.54	0.38	0.84	0.64	0.97	0.25	0.5	-0.61	-0.37	-0.92	0.53	0.69	0.55	0.11		-0.81	0.26	-0.92	0.69	0.69	0.27	0.69	0.71
Total Current Assets	-0.23	-0.03	-0.02	-0.08	-0.12	-0.59	-0.29	-0.75	-0.08	-0.53	0.95	0.2	0.94	-0.09	-0.27	-0.12	0.39	-0.81		-0.26	0.95	-0.27	-0.27	-0.51	-0.27	-0.29
Short Term Debt	0.05	-0.08	-0.09	0.08	-0.1	0.06	0.05	0.17	0.89	0.1	-0.24	-0.5	-0.27	-0.09	0.14	0.19	0.02	0.26	-0.26		-0.27	0.12	0.11	0.27	0.1	0.15
Common Stock	-0.51	-0.29	-0.3	-0.38	-0.33	-0.78	-0.56	-0.89	-0.2	-0.5	0.8	0.28	1.0	-0.33	-0.56	-0.41	0.08	-0.92	0.95	-0.27		-0.56	-0.56	-0.35	-0.56	-0.57
Net Debt	0.96	0.72	0.78	0.92	0.78	0.84	0.96	0.76	0.37	0.15	0.04	-0.23	-0.58	0.74	1.0	0.9	0.73	0.69	-0.27	0.12	-0.56		0.99	-0.31	1.0	0.99
Non Current Assets Total	0.97	0.78	0.83	0.94	0.74	0.83	0.96	0.76	0.36	0.13	0.05	-0.27	-0.58	0.76	0.99	0.92	0.75	0.69	-0.27	0.11	-0.56	0.99		-0.3	0.99	1.0
Cash And Short Term Investments	-0.36	-0.25	-0.3	-0.37	-0.51	-0.1	-0.33	0.14	-0.08	0.66	-0.64	-0.04	-0.32	-0.42	-0.31	-0.35	-0.58	0.27	-0.51	0.27	-0.35	-0.31	-0.3		-0.31	-0.29
Non Current Liabilities Total	0.96	0.7	0.77	0.91	0.78	0.84	0.96	0.77	0.35	0.17	0.04	-0.2	-0.58	0.74	1.0	0.9	0.71	0.69	-0.27	0.1	-0.56	1.0	0.99	-0.31		0.99
Long Term Investments	0.96	0.75	0.81	0.93	0.73	0.84	0.95	0.78	0.39	0.13	0.03	-0.3	-0.59	0.76	1.0	0.91	0.73	0.71	-0.29	0.15	-0.57	0.99	1.0	-0.29	0.99

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Antero Midstream Account Relationship Matchups

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

Energy Transfer LP Aggressive Push

Pair Corr

Moving against Antero Stock

0.82	TK	Teekay	Pair Corr
0.63	EURN	Euronav NV Financial Report 9th of May 2024	Pair Corr
0.59	CQP	Cheniere Energy Partners Earnings Call This Week	Pair Corr
0.58	FLNG	FLEX LNG Financial Report 21st of May 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Antero

Details

Is Antero Stock a good investment?

Details

What is Antero Midstream's Net Worth?

Details

Largest Oil & Gas Midstream Companies

View

Largest Energy Companies

View

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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Antero Stock analysis

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.

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Antero Payout Ratio vs Free Cash Flow per Share Analysis

Payout Ratio vs Free Cash Flow Per Share

Payout Ratio vs Free Cash Flow per Share Correlation Analysis

Correlation Coefficient

Payout Ratio

Free Cash Flow Per Share

Antero Midstream fundamental ratios Correlations

Antero Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Antero Midstream fundamental ratios Accounts

Pair Trading with Antero Midstream

Moving together with Antero Stock

Moving against Antero Stock

Complementary Tools for Antero Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Cash
Net Debt	+ 1.0	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 1.0	Common Stock Shares Outstanding
Long Term Investments	+ 1.0	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 1.0	Net Debt
Long Term Investments	+ 1.0	Non Current Assets Total

Common Stock	- 0.92	Short Long Term Debt
Short Long Term Debt	- 0.92	Cash
Cash	- 0.9	Property Plant Equipment
Common Stock	- 0.89	Property Plant Equipment
Total Current Assets	- 0.81	Short Long Term Debt
Cash	- 0.79	Long Term Debt