Amplitech Depreciation And Amortization vs Total Assets Analysis

AMPG Stock  USD 2.25  0.01  0.45%   
Amplitech financial indicator trend analysis is way more than just evaluating Amplitech Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amplitech Group is a good investment. Please check the relationship between Amplitech Depreciation And Amortization and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplitech Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Depreciation And Amortization vs Total Assets

Depreciation And Amortization vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amplitech Group Depreciation And Amortization account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Amplitech's Depreciation And Amortization and Total Assets is 0.94. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Assets in the same time period over historical financial statements of Amplitech Group, assuming nothing else is changed. The correlation between historical values of Amplitech's Depreciation And Amortization and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Amplitech Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Depreciation And Amortization i.e., Amplitech's Depreciation And Amortization and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Assets

Total assets refers to the total amount of Amplitech 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 Amplitech Group 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.
Most indicators from Amplitech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amplitech Group 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 Amplitech Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Amplitech's Selling General Administrative is most likely to increase significantly in the upcoming years. The Amplitech's current Sales General And Administrative To Revenue is estimated to increase to 0.54, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Total Revenue5.3M19.4M15.6M16.4M
Depreciation And Amortization491.8K957.3K531.2K557.7K

Amplitech fundamental ratios Correlations

0.840.80.791.00.93-0.79-0.960.980.990.96-0.620.920.90.970.681.00.960.930.99-0.430.860.370.860.330.73
0.840.420.470.820.93-0.4-0.850.90.820.87-0.550.810.970.90.730.830.90.910.79-0.380.570.180.570.010.35
0.80.420.950.80.53-0.94-0.690.70.840.7-0.470.720.520.650.380.780.740.570.85-0.30.910.610.90.550.96
0.790.470.950.780.52-0.94-0.660.680.830.65-0.520.670.590.620.30.750.790.540.84-0.320.940.670.940.590.95
1.00.820.80.780.93-0.79-0.960.980.980.96-0.620.920.880.970.71.00.940.940.99-0.430.850.360.850.330.73
0.930.930.530.520.93-0.51-0.960.980.880.95-0.590.880.920.990.810.940.891.00.88-0.410.630.170.630.080.43
-0.79-0.4-0.94-0.94-0.79-0.510.63-0.67-0.83-0.620.47-0.67-0.57-0.63-0.19-0.76-0.76-0.53-0.860.32-0.97-0.53-0.97-0.71-0.94
-0.96-0.85-0.69-0.66-0.96-0.960.63-0.98-0.91-0.980.6-0.92-0.85-0.98-0.84-0.98-0.89-0.97-0.920.38-0.71-0.35-0.71-0.1-0.58
0.980.90.70.680.980.98-0.67-0.980.950.98-0.620.920.911.00.780.990.940.980.95-0.430.760.290.760.20.61
0.990.820.840.830.980.88-0.83-0.910.950.93-0.640.880.890.930.610.970.960.890.99-0.470.90.370.90.390.79
0.960.870.70.650.960.95-0.62-0.980.980.93-0.570.920.850.970.850.970.890.970.92-0.380.70.30.70.110.6
-0.62-0.55-0.47-0.52-0.62-0.590.470.6-0.62-0.64-0.57-0.37-0.55-0.61-0.44-0.63-0.59-0.6-0.610.94-0.520.03-0.52-0.18-0.5
0.920.810.720.670.920.88-0.67-0.920.920.880.92-0.370.840.920.730.920.890.890.9-0.140.740.490.740.220.58
0.90.970.520.590.880.92-0.57-0.850.910.890.85-0.550.840.910.610.870.950.90.87-0.370.720.230.720.220.47
0.970.90.650.620.970.99-0.63-0.981.00.930.97-0.610.920.910.780.980.920.990.93-0.420.720.240.730.170.55
0.680.730.380.30.70.81-0.19-0.840.780.610.85-0.440.730.610.780.730.60.840.61-0.260.270.220.27-0.310.22
1.00.830.780.751.00.94-0.76-0.980.990.970.97-0.630.920.870.980.730.930.950.98-0.430.820.350.820.280.7
0.960.90.740.790.940.89-0.76-0.890.940.960.89-0.590.890.950.920.60.930.880.96-0.380.860.440.870.350.69
0.930.910.570.540.941.0-0.53-0.970.980.890.97-0.60.890.90.990.840.950.880.88-0.420.630.190.630.060.46
0.990.790.850.840.990.88-0.86-0.920.950.990.92-0.610.90.870.930.610.980.960.88-0.420.910.420.910.420.79
-0.43-0.38-0.3-0.32-0.43-0.410.320.38-0.43-0.47-0.380.94-0.14-0.37-0.42-0.26-0.43-0.38-0.42-0.42-0.360.32-0.36-0.17-0.37
0.860.570.910.940.850.63-0.97-0.710.760.90.7-0.520.740.720.720.270.820.860.630.91-0.360.511.00.660.91
0.370.180.610.670.360.17-0.53-0.350.290.370.30.030.490.230.240.220.350.440.190.420.320.510.50.230.54
0.860.570.90.940.850.63-0.97-0.710.760.90.7-0.520.740.720.730.270.820.870.630.91-0.361.00.50.660.91
0.330.010.550.590.330.08-0.71-0.10.20.390.11-0.180.220.220.17-0.310.280.350.060.42-0.170.660.230.660.56
0.730.350.960.950.730.43-0.94-0.580.610.790.6-0.50.580.470.550.220.70.690.460.79-0.370.910.540.910.56
Click cells to compare fundamentals

Amplitech Account Relationship Matchups

Amplitech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M2.8M35.2M36.7M31.7M33.3M
Short Long Term Debt Total2.1M2.2M1.6M4.7M3.8M4.0M
Other Current Liab154.5K113.5K3.0M846.2K973.1K1.0M
Total Current Liabilities521.1K654.4K3.8M1.8M1.5M886.6K
Total Stockholder Equity1.1M440.3K29.0M28.8M26.7M28.0M
Property Plant And Equipment Net663.2K636.4K2.5M6.2M6.1M6.4M
Net Debt1.5M2.0M(16.5M)(8.6M)(2.9M)(2.7M)
Retained Earnings(842.8K)(1.9M)(6.6M)(7.3M)(9.8M)(9.3M)
Non Current Assets Total1.5M1.4M10.9M14.5M14.6M15.3M
Non Currrent Assets Other27.8K26.7K122.4K113.2K91.5K96.1K
Net Receivables619.2K357.1K1.9M1.8M2.5M2.7M
Common Stock Shares Outstanding4.5M2.8M8.9M9.6M9.7M10.1M
Liabilities And Stockholders Equity3.4M2.8M35.2M36.7M31.7M33.3M
Non Current Liabilities Total1.7M1.7M2.4M6.1M3.5M3.7M
Inventory557.7K517.3K4.2M6.6M6.5M6.9M
Other Current Assets124.2K322.1K210.0K194.6K1.3M1.4M
Other Stockholder Equity1.8M2.3M35.7M36.1M36.4M38.3M
Total Liab2.3M2.4M6.2M7.9M5.0M5.3M
Property Plant And Equipment Gross663.2K636.4K3.2M6.2M7.2M7.5M
Total Current Assets1.9M1.4M24.3M22.2M17.1M18.0M
Common Stock73.6K4.8K9.6K9.6K9.7K9.2K
Cash574.7K199.5K18.0M13.3M6.7M3.4M
Other Assets27.8K26.7K122.4K1.01.151.09
Cash And Short Term Investments574.7K199.5K18.0M13.5M6.7M3.4M
Current Deferred Revenue35.7K15.3K253.9K210.8K14.2K13.5K
Accounts Payable154.5K113.5K3.0M860.4K846.2K493.2K
Short Term Debt330.9K525.6K555.1K764.2K639.0K382.5K
Net Tangible Assets915.3K300.1K(312.1K)20.9M24.1M25.3M
Short Long Term Debt169.7K405.6K129.9K144.4K166.0K171.4K
Property Plant Equipment180.7K663.2K636.4K2.5M2.8M3.0M
Net Invested Capital2.6M2.2M29.4M29.0M33.3M35.0M
Net Working Capital1.4M741.6K20.5M20.3M23.4M24.5M
Capital Lease Obligations582.9K438.2K1.2M4.4M5.1M5.4M
Capital Stock73.6K4.8K9.6K9.6K8.7K8.2K

Pair Trading with Amplitech

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

Moving against Amplitech Stock

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The ability to find closely correlated positions to Amplitech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amplitech 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 Amplitech - 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 Amplitech Group to buy it.
The correlation of Amplitech 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 Amplitech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplitech Group 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 Amplitech 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 Amplitech Group is a strong investment it is important to analyze Amplitech'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 Amplitech's future performance. For an informed investment choice regarding Amplitech Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplitech Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Amplitech'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 Amplitech. If investors know Amplitech 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 Amplitech 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
(0.97)
Earnings Share
(0.26)
Revenue Per Share
1.613
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.05)
The market value of Amplitech Group is measured differently than its book value, which is the value of Amplitech that is recorded on the company's balance sheet. Investors also form their own opinion of Amplitech's value that differs from its market value or its book value, called intrinsic value, which is Amplitech'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 Amplitech's market value can be influenced by many factors that don't directly affect Amplitech'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 Amplitech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplitech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplitech'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.