Amplify Deferred Long Term Liab vs Current Deferred Revenue Analysis

AMPY Stock  USD 7.07  0.35  5.21%   
Amplify Energy financial indicator trend analysis is way more than just evaluating Amplify Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amplify Energy Corp is a good investment. Please check the relationship between Amplify Energy Deferred Long Term Liab and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Energy Corp. 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.

Deferred Long Term Liab vs Current Deferred Revenue

Deferred Long Term Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amplify Energy Corp Deferred Long Term Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Amplify Energy's Deferred Long Term Liab and Current Deferred Revenue is -0.36. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Amplify Energy Corp, assuming nothing else is changed. The correlation between historical values of Amplify Energy's Deferred Long Term Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Amplify Energy Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Deferred Long Term Liab i.e., Amplify Energy's Deferred Long Term Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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.
Most indicators from Amplify Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amplify Energy Corp 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 Amplify Energy Corp. 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, Amplify Energy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 4.45 in 2024, whereas Selling General Administrative is likely to drop slightly above 28.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense12.1M14.1M17.7M34.3M
Depreciation And Amortization28.1M24.0M36.0M34.2M

Amplify Energy fundamental ratios Correlations

0.720.550.020.280.990.730.031.00.970.030.75-0.590.950.64-0.270.440.760.980.76-0.020.030.55-0.180.25-0.1
0.720.530.66-0.450.711.00.30.70.780.30.72-0.640.670.46-0.410.90.990.670.76-0.69-0.220.24-0.130.090.57
0.550.530.21-0.070.510.54-0.070.520.53-0.070.56-0.380.540.75-0.080.420.570.510.67-0.240.260.440.16-0.060.12
0.020.660.21-0.880.00.650.52-0.010.070.520.18-0.35-0.09-0.06-0.210.890.61-0.030.3-0.95-0.28-0.35-0.06-0.20.99
0.28-0.45-0.07-0.880.3-0.44-0.320.310.15-0.32-0.080.050.260.190.12-0.65-0.40.33-0.090.940.230.36-0.130.2-0.89
0.990.710.510.00.30.720.010.990.960.010.72-0.640.940.6-0.330.420.740.960.7-0.01-0.020.58-0.190.32-0.11
0.731.00.540.65-0.440.720.260.710.790.260.72-0.630.680.48-0.40.880.990.680.75-0.68-0.20.26-0.120.10.55
0.030.3-0.070.52-0.320.010.260.0-0.021.00.05-0.24-0.15-0.26-0.330.520.250.00.32-0.43-0.42-0.38-0.34-0.180.53
1.00.70.52-0.010.310.990.710.00.960.00.72-0.610.940.62-0.260.410.740.990.710.010.030.57-0.20.29-0.12
0.970.780.530.070.150.960.79-0.020.96-0.020.83-0.530.960.66-0.340.480.810.920.79-0.13-0.050.52-0.040.2-0.04
0.030.3-0.070.52-0.320.010.261.00.0-0.020.05-0.24-0.15-0.26-0.330.520.250.00.32-0.43-0.42-0.38-0.34-0.180.53
0.750.720.560.18-0.080.720.720.050.720.830.05-0.240.830.56-0.120.470.780.690.89-0.280.170.330.16-0.030.04
-0.59-0.64-0.38-0.350.05-0.64-0.63-0.24-0.61-0.53-0.24-0.24-0.46-0.230.54-0.58-0.6-0.55-0.310.30.11-0.540.35-0.58-0.3
0.950.670.54-0.090.260.940.68-0.150.940.96-0.150.83-0.460.68-0.180.310.730.920.740.010.130.65-0.070.28-0.22
0.640.460.75-0.060.190.60.48-0.260.620.66-0.260.56-0.230.68-0.070.260.490.610.70.040.110.37-0.04-0.23-0.15
-0.27-0.41-0.08-0.210.12-0.33-0.4-0.33-0.26-0.34-0.33-0.120.54-0.18-0.07-0.37-0.28-0.16-0.170.270.68-0.190.16-0.3-0.23
0.440.90.420.89-0.650.420.880.520.410.480.520.47-0.580.310.26-0.370.860.380.6-0.85-0.31-0.1-0.16-0.120.83
0.760.990.570.61-0.40.740.990.250.740.810.250.78-0.60.730.49-0.280.860.710.8-0.65-0.090.27-0.10.080.51
0.980.670.51-0.030.330.960.680.00.990.920.00.69-0.550.920.61-0.160.380.710.70.040.10.55-0.220.26-0.14
0.760.760.670.3-0.090.70.750.320.710.790.320.89-0.310.740.7-0.170.60.80.7-0.320.030.19-0.02-0.240.17
-0.02-0.69-0.24-0.950.94-0.01-0.68-0.430.01-0.13-0.43-0.280.30.010.040.27-0.85-0.650.04-0.320.290.22-0.040.12-0.94
0.03-0.220.26-0.280.23-0.02-0.2-0.420.03-0.05-0.420.170.110.130.110.68-0.31-0.090.10.030.290.380.290.17-0.35
0.550.240.44-0.350.360.580.26-0.380.570.52-0.380.33-0.540.650.37-0.19-0.10.270.550.190.220.38-0.040.76-0.42
-0.18-0.130.16-0.06-0.13-0.19-0.12-0.34-0.2-0.04-0.340.160.35-0.07-0.040.16-0.16-0.1-0.22-0.02-0.040.29-0.04-0.2-0.07
0.250.09-0.06-0.20.20.320.1-0.180.290.2-0.18-0.03-0.580.28-0.23-0.3-0.120.080.26-0.240.120.170.76-0.2-0.2
-0.10.570.120.99-0.89-0.110.550.53-0.12-0.040.530.04-0.3-0.22-0.15-0.230.830.51-0.140.17-0.94-0.35-0.42-0.07-0.2
Click cells to compare fundamentals

Amplify Energy Account Relationship Matchups

Amplify Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets877.5M384.8M455.1M459.5M745.3M719.3M
Short Long Term Debt Total301.2M272.0M230M202.6M121.8M115.7M
Other Current Liab253K10.8M73.5M88.8M47.1M46.4M
Total Current Liabilities61.1M56.9M165.2M139.9M96.4M183.7M
Total Stockholder Equity434.2M(33.7M)(64.8M)(4.6M)391.0M410.6M
Property Plant And Equipment Net808.1M317.2M320.3M339.3M352.5M610.6M
Net Debt317.5M261.7M211.2M215.3M101.1M96.0M
Cash(16.2M)10.4M18.8M(12.6M)20.7M18.5M
Non Current Assets Total825.0M327.9M329.3M360.2M647.1M639.7M
Non Currrent Assets Other12.2M5.2M4.4M9.6M3.9M3.7M
Cash And Short Term Investments(16.2M)10.4M18.8M(12.6M)20.7M18.5M
Net Receivables33.1M30.9M92.0M80.5M39.1M60.2M
Common Stock Shares Outstanding29.3M37.6M38.0M38.4M39.0M23.2M
Liabilities And Stockholders Equity877.5M384.8M455.1M459.5M745.3M719.3M
Non Current Liabilities Total382.2M361.6M354.8M324.2M257.8M364.4M
Inventory762K6.9M22.4M12.6M14.5M19.8M
Other Current Assets13.2M15.6M15.0M18.8M38.3M40.3M
Other Stockholder Equity424.4M424.1M425.1M432.3M435.1M773.7M
Total Liab443.3M418.5M519.9M464.0M354.2M548.1M
Property Plant And Equipment Gross808.1M319.7M320.3M339.3M1.0B647.4M
Total Current Assets52.6M56.8M125.8M99.2M98.2M109.4M
Accumulated Other Comprehensive Income(204.4M)(266.2M)4.8M4.8M5.5M5.8M
Retained Earnings4.8M(463.0M)(495.1M)(437.2M)(44.5M)(46.7M)
Accounts Payable8.3M798K33.8M38.4M45.6M47.8M
Common Stock Total Equity209K378K382K386K347.4K311.4K
Common Stock209K378K382K432.6M393K373.4K
Current Deferred Revenue39.0M34.0M47.8M2M1.8M1.7M
Short Term Debt13.5M11.2M10.0M12.6M1.7M1.7M
Other Liab94.5M100.9M122.8M127.6M114.9M89.9M
Net Tangible Assets434.2M(33.7M)(64.8M)(4.6M)(4.1M)(3.9M)
Other Assets16.8M8.2M6.3M13.6M12.2M11.6M
Property Plant Equipment808.1M319.7M320.3M339.3M305.4M533.6M
Long Term Debt285M260.5M230M190M115M193.5M
Capital Lease Obligations16.2M11.5M12.1M19.2M21.1M13.8M
Net Invested Capital719.2M226.8M165.2M185.4M506.0M340.7M
Non Current Liabilities Other3.8M3.3M115.1M134.2M8.1M7.7M
Net Working Capital(8.5M)(25K)(39.4M)(40.6M)1.8M1.8M
Capital Stock209K378K382K386K393K367.2K
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 Amplify Energy 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, Amplify Energy's short interest history, or implied volatility extrapolated from Amplify Energy options trading.

Pair Trading with Amplify Energy

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 Amplify Energy 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 Amplify Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Amplify Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amplify Energy 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 Amplify Energy - 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 Amplify Energy Corp to buy it.
The correlation of Amplify Energy 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 Amplify Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amplify Energy Corp 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 Amplify Energy 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 Amplify Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amplify Energy's 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 Amplify Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amplify Energy Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Energy Corp. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Amplify Energy's price analysis, check to measure Amplify Energy'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 Amplify Energy is operating at the current time. Most of Amplify Energy's value examination focuses on studying past and present price action to predict the probability of Amplify Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amplify Energy's price. Additionally, you may evaluate how the addition of Amplify Energy to your portfolios can decrease your overall portfolio volatility.
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Is Amplify Energy'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 Amplify Energy. If investors know Amplify 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 Amplify Energy 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
0.453
Earnings Share
9.63
Revenue Per Share
7.436
Quarterly Revenue Growth
0.253
Return On Assets
0.0818
The market value of Amplify Energy Corp is measured differently than its book value, which is the value of Amplify that is recorded on the company's balance sheet. Investors also form their own opinion of Amplify Energy's value that differs from its market value or its book value, called intrinsic value, which is Amplify Energy'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 Amplify Energy's market value can be influenced by many factors that don't directly affect Amplify Energy'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 Amplify Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify Energy'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.