Ametek Payout Ratio vs Accounts Payable Analysis
AME Stock | USD 178.22 1.63 0.91% |
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 Payout Ratio and its Accounts Payable 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.
Payout Ratio vs Accounts Payable
Payout Ratio vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ametek Inc Payout Ratio account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ametek's Payout Ratio and Accounts Payable is -0.45. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Accounts Payable 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 Payout Ratio and Accounts Payable 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 Ametek Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Payout Ratio i.e., Ametek's Payout Ratio and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Payout Ratio
Payout Ratio is the proportion of Ametek Inc 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 Ametek Inc dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Ametek Inc is paying out more in dividends than it makes in net income.Accounts Payable
An accounting item on the balance sheet that represents Ametek 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 Ametek Inc 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 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 |
Ametek fundamental ratios Correlations
Click cells to compare fundamentals
Ametek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
0.83 | B | Barnes Group Earnings Call This Week | PairCorr |
0.74 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
0.74 | HI | Hillenbrand Earnings Call This Week | PairCorr |
0.96 | IR | Ingersoll Rand Financial Report 1st of May 2024 | PairCorr |
Moving against Ametek Stock
0.78 | ATS | ATS Corporation | PairCorr |
0.6 | RR | Richtech Robotics Class | PairCorr |
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.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 Stocks Directory module to find actively traded stocks across global markets.
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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 0.113 | Dividend Share 1 | Earnings Share 5.67 | Revenue Per Share 28.618 | Quarterly Revenue Growth 0.065 |
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.