AMC Income Tax Expense vs Gross Profit Analysis

AMCX Stock  USD 12.09  0.20  1.63%   
AMC Networks financial indicator trend analysis is way more than just evaluating AMC Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMC Networks is a good investment. Please check the relationship between AMC Networks Income Tax Expense and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMC Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy AMC Stock please use our How to Invest in AMC Networks guide.

Income Tax Expense vs Gross Profit

Income Tax Expense vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMC Networks Income Tax Expense account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AMC Networks' Income Tax Expense and Gross Profit is -0.06. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of AMC Networks, assuming nothing else is changed. The correlation between historical values of AMC Networks' Income Tax Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of AMC Networks are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Tax Expense i.e., AMC Networks' Income Tax Expense and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AMC Networks minus its cost of goods sold. It is profit before AMC Networks operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from AMC Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMC Networks 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 AMC Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy AMC Stock please use our How to Invest in AMC Networks guide.Selling General Administrative is likely to drop to about 46 M in 2024. Discontinued Operations is likely to rise to about (2.9 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.6B1.4B1.4B
Total Revenue3.1B3.1B2.7B2.5B

AMC Networks fundamental ratios Correlations

-0.7-0.43-0.55-0.61-0.89-0.74-0.71-0.09-0.61-0.69-0.730.02-0.69-0.58-0.45-0.280.180.40.96-0.43-0.94-0.570.03-0.760.11
-0.70.890.720.790.830.860.710.650.820.740.980.360.740.970.90.790.090.05-0.790.90.740.930.020.920.4
-0.430.890.570.560.560.760.510.850.710.660.820.380.660.930.850.970.220.17-0.570.980.490.92-0.180.710.59
-0.550.720.570.90.590.520.680.240.650.720.690.230.720.610.570.480.140.07-0.610.680.620.71-0.10.710.2
-0.610.790.560.90.720.630.810.260.790.670.80.170.670.680.680.410.2-0.06-0.650.650.710.680.260.810.11
-0.890.830.560.590.720.780.640.30.650.620.850.170.620.750.670.41-0.19-0.11-0.910.560.920.680.220.840.09
-0.740.860.760.520.630.780.650.440.680.790.83-0.040.790.840.690.610.16-0.24-0.820.70.730.850.080.690.03
-0.710.710.510.680.810.640.650.150.90.750.71-0.070.750.580.50.40.14-0.4-0.680.590.760.62-0.020.760.0
-0.090.650.850.240.260.30.440.150.480.170.630.570.170.760.820.880.120.45-0.210.810.170.62-0.050.510.74
-0.610.820.710.650.790.650.680.90.480.650.850.170.650.750.740.620.01-0.2-0.640.770.690.690.00.860.22
-0.690.740.660.720.670.620.790.750.170.650.65-0.11.00.650.420.560.24-0.32-0.760.670.690.84-0.260.610.05
-0.730.980.820.690.80.850.830.710.630.850.650.390.650.940.920.710.010.02-0.80.840.760.840.120.960.34
0.020.360.380.230.170.17-0.04-0.070.570.17-0.10.39-0.10.420.50.47-0.090.57-0.10.44-0.040.26-0.020.410.78
-0.690.740.660.720.670.620.790.750.170.651.00.65-0.10.650.420.560.24-0.32-0.760.670.690.84-0.260.610.05
-0.580.970.930.610.680.750.840.580.760.750.650.940.420.650.940.850.160.12-0.690.920.60.920.060.840.51
-0.450.90.850.570.680.670.690.50.820.740.420.920.50.420.940.780.080.25-0.540.860.510.770.180.830.53
-0.280.790.970.480.410.410.610.40.880.620.560.710.470.560.850.780.190.27-0.430.960.340.86-0.330.610.72
0.180.090.220.140.2-0.190.160.140.120.010.240.01-0.090.240.160.080.19-0.170.140.22-0.210.240.2-0.10.14
0.40.050.170.07-0.06-0.11-0.24-0.40.45-0.2-0.320.020.57-0.320.120.250.27-0.170.330.2-0.240.10.00.00.61
0.96-0.79-0.57-0.61-0.65-0.91-0.82-0.68-0.21-0.64-0.76-0.8-0.1-0.76-0.69-0.54-0.430.140.33-0.56-0.91-0.690.04-0.790.02
-0.430.90.980.680.650.560.70.590.810.770.670.840.440.670.920.860.960.220.2-0.560.510.92-0.190.760.63
-0.940.740.490.620.710.920.730.760.170.690.690.76-0.040.690.60.510.34-0.21-0.24-0.910.510.620.050.8-0.06
-0.570.930.920.710.680.680.850.620.620.690.840.840.260.840.920.770.860.240.1-0.690.920.62-0.150.740.46
0.030.02-0.18-0.10.260.220.08-0.02-0.050.0-0.260.12-0.02-0.260.060.18-0.330.20.00.04-0.190.05-0.150.05-0.22
-0.760.920.710.710.810.840.690.760.510.860.610.960.410.610.840.830.61-0.10.0-0.790.760.80.740.050.33
0.110.40.590.20.110.090.030.00.740.220.050.340.780.050.510.530.720.140.610.020.63-0.060.46-0.220.33
Click cells to compare fundamentals

AMC Networks Account Relationship Matchups

AMC Networks fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding58.9M57.0M51.7M43.4M44.0M50.7M
Total Assets5.6B5.2B5.7B5.6B5.0B4.5B
Short Long Term Debt Total3.3B3.1B3.0B3.0B2.5B2.8B
Other Current Liab555.9M579.5M647.5M793.2M687.1M576.4M
Total Current Liabilities804.3M878.5M1.1B1.2B943.4M835.2M
Total Stockholder Equity665.8M616.8M851.1M807.0M1.0B1.1B
Property Plant And Equipment Net453.8M402.6M351.7M310.3M230.4M219.2M
Current Deferred Revenue63.9M71.0M167.1M134.9M65.7M65.5M
Net Debt2.5B2.2B2.1B2.0B1.9B2.3B
Accounts Payable94.3M120.5M173.2M172.0M89.5M104.6M
Cash816.2M888.5M892.2M930.0M570.6M562.4M
Non Current Assets Total3.3B3.3B3.7B3.7B3.3B2.8B
Non Currrent Assets Other87.2M78.2M114.5M195.1M224.4M198.4M
Cash And Short Term Investments816.2M888.5M892.2M930.0M570.6M562.4M
Net Receivables857.1M813.6M815.4M722.2M664.4M654.5M
Good Will702.0M686.4M709.3M643.4M626.5M542.3M
Liabilities And Stockholders Equity5.6B5.2B5.7B5.6B5.0B4.5B
Non Current Liabilities Total3.8B3.4B3.5B3.4B2.8B3.4B
Inventory230.4M223.2M282.5M10.8M7.9M7.5M
Other Current Assets426.6M13.5M10.1M297.7M388.4M336.5M
Other Stockholder Equity(776.7M)(1.1B)(1.1B)(1.1B)(1.0B)(989.0M)
Total Liab4.6B4.3B4.6B4.5B3.7B4.2B
Property Plant And Equipment Gross453.8M402.6M637.8M655.2M634.1M665.8M
Total Current Assets2.3B1.9B2.0B1.9B1.6B1.7B
Accumulated Other Comprehensive Income(167.7M)(135.0M)(175.8M)(239.8M)(232.8M)(221.2M)
Short Term Debt90.2M107.4M70.3M70.2M101.2M88.7M
Intangible Assets1.6B1.7B2.1B2.1B2.1B1.7B
Other Liab540.4M440.5M547.8M452.6M520.5M611.4M
Other Assets412.7M2.0B6.4B490.4M563.9M535.7M
Long Term Debt3.3B3.0B3.0B3.0B2.3B3.1B
Property Plant Equipment283.8M402.6M351.7M310.3M356.8M213.0M
Net Tangible Assets(251.3M)(164.6M)26.2M62.6M71.9M75.5M
Noncontrolling Interest In Consolidated Entity25.7M26.3M51.6M46.8M53.8M56.5M
Retained Earnings1.6B1.8B2.1B2.1B2.3B2.4B
Common Stock Total Equity754K761K770K776K892.4K819.7K
Retained Earnings Total Equity1.6B1.8B2.1B2.1B2.4B2.5B
Long Term Debt Total3.5B3.0B3.0B3.0B3.4B3.4B
Capital Surpluse286.5M323.4M348.0M360.3M414.3M218.6M

AMC Networks Investors Sentiment

The influence of AMC Networks' 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 AMC. 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 AMC Networks' public news can be used to forecast risks associated with an investment in AMC. The trend in average sentiment can be used to explain how an investor holding AMC can time the market purely based on public headlines and social activities around AMC Networks. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AMC Networks' 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 AMC Networks' 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 AMC Networks' news discussions. The higher the estimated score, the more favorable is the investor's outlook on AMC Networks.
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 AMC Networks 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, AMC Networks' short interest history, or implied volatility extrapolated from AMC Networks options trading.

Pair Trading with AMC Networks

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 AMC Networks 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 AMC Networks will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to AMC Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMC Networks 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 AMC Networks - 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 AMC Networks to buy it.
The correlation of AMC Networks 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 AMC Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMC Networks 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 AMC Networks 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 AMC Networks offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AMC Networks' 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 Amc Networks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amc Networks Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMC Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy AMC Stock please use our How to Invest in AMC Networks guide.
Note that the AMC Networks information on this page should be used as a complementary analysis to other AMC Networks' 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is AMC Networks' 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 AMC Networks. If investors know AMC 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 AMC Networks 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
(0.26)
Earnings Share
4.9
Revenue Per Share
61.877
Quarterly Revenue Growth
(0.30)
Return On Assets
0.0614
The market value of AMC Networks is measured differently than its book value, which is the value of AMC that is recorded on the company's balance sheet. Investors also form their own opinion of AMC Networks' value that differs from its market value or its book value, called intrinsic value, which is AMC Networks' 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 AMC Networks' market value can be influenced by many factors that don't directly affect AMC Networks' 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 AMC Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if AMC Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMC Networks' 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.