Ametek Tax Assets vs Calculated Tax Rate Analysis

AME Stock  USD 183.72  2.05  1.13%   
Trend analysis of Ametek Inc balance sheet accounts such as Short Long Term Debt Total of 3.5 B, Total Current Liabilities of 3 B or Total Stockholder Equity of 9.2 B provides information on Ametek's total assets, liabilities, and equity, which is the actual value of Ametek Inc to its prevalent stockholders. By breaking down trends over time using Ametek 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 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.

About Ametek Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ametek Inc at a specified time, usually calculated after every quarter, six months, or one year. Ametek Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ametek 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 Ametek currently owns. An asset can also be divided into two categories, current and non-current.

Ametek Balance Sheet Chart

Ametek 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 Ametek Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Ametek's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 3 B, whereas Cash is forecasted to decline to about 211.8 M.

Total Assets

Total assets refers to the total amount of Ametek 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 Ametek Inc 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 Ametek balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ametek Inc 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.
The current year's Selling General Administrative is expected to grow to about 704.4 M, whereas Tax Provision is forecasted to decline to about 236.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.1B6.6B6.9B
Total Revenue5.5B6.2B6.6B6.9B

Ametek fundamental ratios Correlations

0.94-0.550.930.990.990.910.990.251.0-0.840.250.96-0.830.910.960.76-0.770.980.850.970.740.990.890.680.53
0.94-0.540.870.890.910.950.920.340.93-0.770.340.94-0.90.950.870.73-0.830.980.760.950.710.930.90.510.63
-0.55-0.54-0.61-0.55-0.62-0.54-0.54-0.07-0.570.44-0.07-0.420.34-0.42-0.42-0.480.4-0.54-0.63-0.44-0.61-0.55-0.75-0.67-0.03
0.930.87-0.610.920.970.910.910.020.94-0.650.020.92-0.760.740.940.74-0.620.920.960.860.930.90.890.630.37
0.990.89-0.550.920.980.860.990.220.99-0.840.220.94-0.780.860.960.75-0.730.950.850.950.730.990.860.730.47
0.990.91-0.620.970.980.90.970.170.99-0.770.170.94-0.790.840.960.79-0.720.960.910.930.820.970.890.720.43
0.910.95-0.540.910.860.90.880.030.91-0.720.030.95-0.840.860.90.77-0.740.950.790.850.790.910.870.560.55
0.990.92-0.540.910.990.970.880.280.99-0.870.280.94-0.790.90.950.74-0.810.970.820.960.70.990.850.720.49
0.250.34-0.070.020.220.170.030.280.2-0.321.00.14-0.310.470.060.02-0.440.29-0.010.46-0.140.230.25-0.070.47
1.00.93-0.570.940.990.990.910.990.2-0.840.20.96-0.810.890.970.77-0.750.980.850.950.750.990.890.70.51
-0.84-0.770.44-0.65-0.84-0.77-0.72-0.87-0.32-0.84-0.32-0.80.65-0.84-0.76-0.580.82-0.81-0.51-0.8-0.35-0.89-0.69-0.68-0.49
0.250.34-0.070.020.220.170.030.281.00.2-0.320.14-0.310.470.060.02-0.440.29-0.010.46-0.140.240.25-0.070.47
0.960.94-0.420.920.940.940.950.940.140.96-0.80.14-0.870.910.970.75-0.740.970.790.930.730.960.850.550.62
-0.83-0.90.34-0.76-0.78-0.79-0.84-0.79-0.31-0.810.65-0.31-0.87-0.88-0.79-0.70.65-0.89-0.64-0.87-0.6-0.82-0.78-0.33-0.59
0.910.95-0.420.740.860.840.860.90.470.89-0.840.470.91-0.880.820.68-0.850.950.590.940.490.920.810.480.72
0.960.87-0.420.940.960.960.90.950.060.97-0.760.060.97-0.790.820.77-0.690.940.870.910.780.950.80.670.47
0.760.73-0.480.740.750.790.770.740.020.77-0.580.020.75-0.70.680.77-0.540.760.680.710.630.750.610.680.29
-0.77-0.830.4-0.62-0.73-0.72-0.74-0.81-0.44-0.750.82-0.44-0.740.65-0.85-0.69-0.54-0.8-0.5-0.8-0.4-0.79-0.64-0.55-0.45
0.980.98-0.540.920.950.960.950.970.290.98-0.810.290.97-0.890.950.940.76-0.80.810.970.730.980.910.590.61
0.850.76-0.630.960.850.910.790.82-0.010.85-0.51-0.010.79-0.640.590.870.68-0.50.810.770.950.790.830.640.2
0.970.95-0.440.860.950.930.850.960.460.95-0.80.460.93-0.870.940.910.71-0.80.970.770.650.950.840.540.61
0.740.71-0.610.930.730.820.790.7-0.140.75-0.35-0.140.73-0.60.490.780.63-0.40.730.950.650.680.80.480.18
0.990.93-0.550.90.990.970.910.990.230.99-0.890.240.96-0.820.920.950.75-0.790.980.790.950.680.870.690.55
0.890.9-0.750.890.860.890.870.850.250.89-0.690.250.85-0.780.810.80.61-0.640.910.830.840.80.870.50.5
0.680.51-0.670.630.730.720.560.72-0.070.7-0.68-0.070.55-0.330.480.670.68-0.550.590.640.540.480.690.5-0.05
0.530.63-0.030.370.470.430.550.490.470.51-0.490.470.62-0.590.720.470.29-0.450.610.20.610.180.550.5-0.05
Click cells to compare fundamentals

Ametek Account Relationship Matchups

Ametek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B10.4B11.9B12.4B15.0B15.8B
Short Long Term Debt Total2.8B2.4B2.5B2.4B3.3B3.5B
Other Current Liab(156.8M)(194.6M)(298.7M)483.3M(375.5M)(356.7M)
Total Current Liabilities1.4B1.1B1.6B1.6B2.9B3.0B
Total Stockholder Equity5.1B5.9B6.9B7.5B8.7B9.2B
Property Plant And Equipment Net728.6M693.8M787.1M805.9M1.1B1.2B
Net Debt2.4B1.2B2.2B2.0B2.9B3.0B
Retained Earnings6.4B7.1B7.9B8.9B9.9B10.4B
Cash393.0M1.2B346.8M345.4M409.8M211.8M
Non Current Assets Total7.8B7.8B9.8B9.9B12.2B12.8B
Non Currrent Assets Other(815.9M)(826.1M)(1.1B)(1.1B)(836.7M)(794.9M)
Cash And Short Term Investments393.0M1.2B346.8M345.4M409.8M214.8M
Net Receivables744.8M597.5M829.2M919.3M1.0B1.1B
Common Stock Shares Outstanding229.4M231.2M232.8M231.5M231.5M199.5M
Liabilities And Stockholders Equity9.8B10.4B11.9B12.4B15.0B15.8B
Non Current Liabilities Total3.3B3.3B3.5B3.4B3.4B3.6B
Inventory624.6M559.2M769.2M1.0B1.1B1.2B
Other Current Assets263.4M153.0M183.6M219.1M269.5M282.9M
Other Stockholder Equity(741.6M)(643.5M)(560.5M)(808.7M)(727.9M)(691.5M)
Total Liab4.7B4.4B5.0B5.0B6.3B6.6B
Property Plant And Equipment Gross548.9M693.8M787.1M805.9M2.2B2.3B
Total Current Assets2.0B2.5B2.1B2.5B2.8B3.0B
Accumulated Other Comprehensive Income(533.1M)(504.5M)(470.4M)(574.9M)(484.9M)(460.7M)
Short Term Debt497.4M132.3M315.1M226.1M1.4B1.5B
Intangible Assets3.0B2.9B3.7B3.7B4.2B4.4B
Accounts Payable928.4M943.6M1.2B497.1M1.5B1.5B
Current Deferred Revenue156.8M194.6M298.7M357.7M375.5M394.3M
Common Stock Total Equity2.7M2.7M2.7M2.7M3.1M1.8M
Common Stock2.7M2.7M2.7M2.7M2.7M1.8M
Other Liab889.3M1.1B1.2B1.1B1.3B1.3B
Other Assets271.4M459.9M364.3M372.6M428.5M449.9M
Long Term Debt2.3B2.3B2.2B2.2B1.9B1.4B
Good Will4.0B4.2B5.2B5.4B6.4B6.8B
Treasury Stock(1.6B)(1.6B)(1.6B)(1.9B)(1.7B)(1.6B)
Property Plant Equipment548.9M526.5M787.1M805.9M926.8M973.2M
Net Tangible Assets5.1B(899.3M)(2.1B)(1.2B)(1.4B)(1.4B)
Retained Earnings Total Equity6.4B7.1B7.9B8.9B10.2B10.7B
Long Term Debt Total2.3B2.3B2.2B2.2B2.5B1.9B
Capital Surpluse832.8M921.8M1.0B1.1B1.3B670.5M

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

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Moving against Ametek Stock

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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 CorrelationCorrelation 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:
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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
5.68
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.