Ametek Current Deferred Revenue vs Cash And Short Term Investments Analysis

AME Stock

USD 168.53 1.57 0.92%

Ametek financial indicator trend analysis is way more than just evaluating Ametek Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ametek Inc is a good investment. Please check the relationship between Ametek Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. 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.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ametek Inc Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ametek's Current Deferred Revenue and Cash And Short Term Investments is -0.07. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Ametek Inc, assuming nothing else is changed. The correlation between historical values of Ametek's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Ametek Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Ametek's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Ametek Inc balance sheet. This account contains Ametek investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ametek Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Ametek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ametek Inc 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 Ametek Inc. 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 present, Ametek's Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.1B	6.6B	6.9B
Total Revenue	5.5B	6.2B	6.6B	6.9B

Gross Profit Total Revenue

Ametek fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.94	-0.55	0.93	0.99	0.99	0.91	0.99	0.25	1.0	-0.84	0.25	0.96	-0.83	0.91	0.96	0.76	-0.77	0.98	0.85	0.97	0.74	0.99	0.89	0.68	0.53
Short Long Term Debt Total	0.94		-0.54	0.87	0.89	0.91	0.95	0.92	0.34	0.93	-0.77	0.34	0.94	-0.9	0.95	0.87	0.73	-0.83	0.98	0.76	0.95	0.71	0.93	0.9	0.51	0.63
Other Current Liab	-0.55	-0.54		-0.61	-0.55	-0.62	-0.54	-0.54	-0.07	-0.57	0.44	-0.07	-0.42	0.34	-0.42	-0.42	-0.48	0.4	-0.54	-0.63	-0.44	-0.61	-0.55	-0.75	-0.67	-0.03
Total Current Liabilities	0.93	0.87	-0.61		0.92	0.97	0.91	0.91	0.02	0.94	-0.65	0.02	0.92	-0.76	0.74	0.94	0.74	-0.62	0.92	0.96	0.86	0.93	0.9	0.89	0.63	0.37
Total Stockholder Equity	0.99	0.89	-0.55	0.92		0.98	0.86	0.99	0.22	0.99	-0.84	0.22	0.94	-0.78	0.86	0.96	0.75	-0.73	0.95	0.85	0.95	0.73	0.99	0.86	0.73	0.47
Property Plant And Equipment Net	0.99	0.91	-0.62	0.97	0.98		0.9	0.97	0.17	0.99	-0.77	0.17	0.94	-0.79	0.84	0.96	0.79	-0.72	0.96	0.91	0.93	0.82	0.97	0.89	0.72	0.43
Net Debt	0.91	0.95	-0.54	0.91	0.86	0.9		0.88	0.03	0.91	-0.72	0.03	0.95	-0.84	0.86	0.9	0.77	-0.74	0.95	0.79	0.85	0.79	0.91	0.87	0.56	0.55
Retained Earnings	0.99	0.92	-0.54	0.91	0.99	0.97	0.88		0.28	0.99	-0.87	0.28	0.94	-0.79	0.9	0.95	0.74	-0.81	0.97	0.82	0.96	0.7	0.99	0.85	0.72	0.49
Cash	0.25	0.34	-0.07	0.02	0.22	0.17	0.03	0.28		0.2	-0.32	1.0	0.14	-0.31	0.47	0.06	0.02	-0.44	0.29	-0.01	0.46	-0.14	0.23	0.25	-0.07	0.47
Non Current Assets Total	1.0	0.93	-0.57	0.94	0.99	0.99	0.91	0.99	0.2		-0.84	0.2	0.96	-0.81	0.89	0.97	0.77	-0.75	0.98	0.85	0.95	0.75	0.99	0.89	0.7	0.51
Non Currrent Assets Other	-0.84	-0.77	0.44	-0.65	-0.84	-0.77	-0.72	-0.87	-0.32	-0.84		-0.32	-0.8	0.65	-0.84	-0.76	-0.58	0.82	-0.81	-0.51	-0.8	-0.35	-0.89	-0.69	-0.68	-0.49
Cash And Short Term Investments	0.25	0.34	-0.07	0.02	0.22	0.17	0.03	0.28	1.0	0.2	-0.32		0.14	-0.31	0.47	0.06	0.02	-0.44	0.29	-0.01	0.46	-0.14	0.24	0.25	-0.07	0.47
Net Receivables	0.96	0.94	-0.42	0.92	0.94	0.94	0.95	0.94	0.14	0.96	-0.8	0.14		-0.87	0.91	0.97	0.75	-0.74	0.97	0.79	0.93	0.73	0.96	0.85	0.55	0.62
Common Stock Shares Outstanding	-0.83	-0.9	0.34	-0.76	-0.78	-0.79	-0.84	-0.79	-0.31	-0.81	0.65	-0.31	-0.87		-0.88	-0.79	-0.7	0.65	-0.89	-0.64	-0.87	-0.6	-0.82	-0.78	-0.33	-0.59
Non Current Liabilities Total	0.91	0.95	-0.42	0.74	0.86	0.84	0.86	0.9	0.47	0.89	-0.84	0.47	0.91	-0.88		0.82	0.68	-0.85	0.95	0.59	0.94	0.49	0.92	0.81	0.48	0.72
Inventory	0.96	0.87	-0.42	0.94	0.96	0.96	0.9	0.95	0.06	0.97	-0.76	0.06	0.97	-0.79	0.82		0.77	-0.69	0.94	0.87	0.91	0.78	0.95	0.8	0.67	0.47
Other Current Assets	0.76	0.73	-0.48	0.74	0.75	0.79	0.77	0.74	0.02	0.77	-0.58	0.02	0.75	-0.7	0.68	0.77		-0.54	0.76	0.68	0.71	0.63	0.75	0.61	0.68	0.29
Other Stockholder Equity	-0.77	-0.83	0.4	-0.62	-0.73	-0.72	-0.74	-0.81	-0.44	-0.75	0.82	-0.44	-0.74	0.65	-0.85	-0.69	-0.54		-0.8	-0.5	-0.8	-0.4	-0.79	-0.64	-0.55	-0.45
Total Liab	0.98	0.98	-0.54	0.92	0.95	0.96	0.95	0.97	0.29	0.98	-0.81	0.29	0.97	-0.89	0.95	0.94	0.76	-0.8		0.81	0.97	0.73	0.98	0.91	0.59	0.61
Property Plant And Equipment Gross	0.85	0.76	-0.63	0.96	0.85	0.91	0.79	0.82	-0.01	0.85	-0.51	-0.01	0.79	-0.64	0.59	0.87	0.68	-0.5	0.81		0.77	0.95	0.79	0.83	0.64	0.2
Total Current Assets	0.97	0.95	-0.44	0.86	0.95	0.93	0.85	0.96	0.46	0.95	-0.8	0.46	0.93	-0.87	0.94	0.91	0.71	-0.8	0.97	0.77		0.65	0.95	0.84	0.54	0.61
Short Term Debt	0.74	0.71	-0.61	0.93	0.73	0.82	0.79	0.7	-0.14	0.75	-0.35	-0.14	0.73	-0.6	0.49	0.78	0.63	-0.4	0.73	0.95	0.65		0.68	0.8	0.48	0.18
Intangible Assets	0.99	0.93	-0.55	0.9	0.99	0.97	0.91	0.99	0.23	0.99	-0.89	0.24	0.96	-0.82	0.92	0.95	0.75	-0.79	0.98	0.79	0.95	0.68		0.87	0.69	0.55
Accounts Payable	0.89	0.9	-0.75	0.89	0.86	0.89	0.87	0.85	0.25	0.89	-0.69	0.25	0.85	-0.78	0.81	0.8	0.61	-0.64	0.91	0.83	0.84	0.8	0.87		0.5	0.5
Current Deferred Revenue	0.68	0.51	-0.67	0.63	0.73	0.72	0.56	0.72	-0.07	0.7	-0.68	-0.07	0.55	-0.33	0.48	0.67	0.68	-0.55	0.59	0.64	0.54	0.48	0.69	0.5		-0.05
Common Stock Total Equity	0.53	0.63	-0.03	0.37	0.47	0.43	0.55	0.49	0.47	0.51	-0.49	0.47	0.62	-0.59	0.72	0.47	0.29	-0.45	0.61	0.2	0.61	0.18	0.55	0.5	-0.05

Click cells to compare fundamentals

Ametek Account Relationship Matchups

Ametek fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.8B	10.4B	11.9B	12.4B	15.0B	15.8B
Short Long Term Debt Total	2.8B	2.4B	2.5B	2.4B	3.3B	3.5B
Other Current Liab	(156.8M)	(194.6M)	(298.7M)	483.3M	(375.5M)	(356.7M)
Total Current Liabilities	1.4B	1.1B	1.6B	1.6B	2.9B	3.0B
Total Stockholder Equity	5.1B	5.9B	6.9B	7.5B	8.7B	9.2B
Property Plant And Equipment Net	728.6M	693.8M	787.1M	805.9M	1.1B	1.2B
Net Debt	2.4B	1.2B	2.2B	2.0B	2.9B	3.0B
Retained Earnings	6.4B	7.1B	7.9B	8.9B	9.9B	10.4B
Cash	393.0M	1.2B	346.8M	345.4M	409.8M	211.8M
Non Current Assets Total	7.8B	7.8B	9.8B	9.9B	12.2B	12.8B
Non Currrent Assets Other	(815.9M)	(826.1M)	(1.1B)	(1.1B)	(836.7M)	(794.9M)
Cash And Short Term Investments	393.0M	1.2B	346.8M	345.4M	409.8M	214.8M
Net Receivables	744.8M	597.5M	829.2M	919.3M	1.0B	1.1B
Common Stock Shares Outstanding	229.4M	231.2M	232.8M	231.5M	231.5M	199.5M
Liabilities And Stockholders Equity	9.8B	10.4B	11.9B	12.4B	15.0B	15.8B
Non Current Liabilities Total	3.3B	3.3B	3.5B	3.4B	3.4B	3.6B
Inventory	624.6M	559.2M	769.2M	1.0B	1.1B	1.2B
Other Current Assets	263.4M	153.0M	183.6M	219.1M	269.5M	282.9M
Other Stockholder Equity	(741.6M)	(643.5M)	(560.5M)	(808.7M)	(727.9M)	(691.5M)
Total Liab	4.7B	4.4B	5.0B	5.0B	6.3B	6.6B
Property Plant And Equipment Gross	548.9M	693.8M	787.1M	805.9M	2.2B	2.3B
Total Current Assets	2.0B	2.5B	2.1B	2.5B	2.8B	3.0B
Accumulated Other Comprehensive Income	(533.1M)	(504.5M)	(470.4M)	(574.9M)	(484.9M)	(460.7M)
Short Term Debt	497.4M	132.3M	315.1M	226.1M	1.4B	1.5B
Intangible Assets	3.0B	2.9B	3.7B	3.7B	4.2B	4.4B
Accounts Payable	928.4M	943.6M	1.2B	497.1M	1.5B	1.5B
Current Deferred Revenue	156.8M	194.6M	298.7M	357.7M	375.5M	394.3M
Common Stock Total Equity	2.7M	2.7M	2.7M	2.7M	3.1M	1.8M
Common Stock	2.7M	2.7M	2.7M	2.7M	2.7M	1.8M
Other Liab	889.3M	1.1B	1.2B	1.1B	1.3B	1.3B
Other Assets	271.4M	459.9M	364.3M	372.6M	428.5M	449.9M
Long Term Debt	2.3B	2.3B	2.2B	2.2B	1.9B	1.4B
Good Will	4.0B	4.2B	5.2B	5.4B	6.4B	6.8B
Treasury Stock	(1.6B)	(1.6B)	(1.6B)	(1.9B)	(1.7B)	(1.6B)
Property Plant Equipment	548.9M	526.5M	787.1M	805.9M	926.8M	973.2M
Net Tangible Assets	5.1B	(899.3M)	(2.1B)	(1.2B)	(1.4B)	(1.4B)
Retained Earnings Total Equity	6.4B	7.1B	7.9B	8.9B	10.2B	10.7B
Long Term Debt Total	2.3B	2.3B	2.2B	2.2B	2.5B	1.9B
Capital Surpluse	832.8M	921.8M	1.0B	1.1B	1.3B	670.5M

Pair Trading with Ametek

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

Moving together with Ametek Stock

0.8

Hillenbrand Fiscal Year End 20th of November 2024

Pair Corr

The ability to find closely correlated positions to Ametek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ametek 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 Ametek - 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 Ametek Inc to buy it.

The correlation of Ametek 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 Ametek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ametek 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 Ametek 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 Ametek Inc is a strong investment it is important to analyze Ametek'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 Ametek's future performance. For an informed investment choice regarding Ametek Stock, refer to the following important reports:

How To Invest In Ametek

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Is Ametek Stock a good investment?

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What is Ametek's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Ametek's price analysis, check to measure Ametek'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 Ametek is operating at the current time. Most of Ametek's value examination focuses on studying past and present price action to predict the probability of Ametek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ametek's price. Additionally, you may evaluate how the addition of Ametek to your portfolios can decrease your overall portfolio volatility.

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Is Ametek'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 Ametek. If investors know Ametek 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 Ametek 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

0.015

Dividend Share

1.03

Earnings Share

5.7

Revenue Per Share

29.19

Quarterly Revenue Growth

0.087

The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek'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 Ametek's market value can be influenced by many factors that don't directly affect Ametek'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 Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek'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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Ametek Current Deferred Revenue vs Cash And Short Term Investments Analysis

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Cash And Short Term Investments

Ametek fundamental ratios Correlations

Ametek Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ametek fundamental ratios Accounts

Pair Trading with Ametek

Moving together with Ametek Stock

Complementary Tools for Ametek Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.9	Short Long Term Debt Total
Total Liab	- 0.89	Common Stock Shares Outstanding
Intangible Assets	- 0.89	Non Currrent Assets Other
Non Current Liabilities Total	- 0.88	Common Stock Shares Outstanding
Total Current Assets	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.87	Net Receivables