Amplify Total Current Liabilities vs Non Currrent Assets Other Analysis

AMPY Stock  USD 6.29  0.17  2.78%   
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 Total Current Liabilities and its Non Currrent Assets Other 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.

Total Current Liabilities vs Non Currrent Assets Other

Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amplify Energy Corp Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Amplify Energy's Total Current Liabilities and Non Currrent Assets Other is 0.07. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other 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 Total Current Liabilities and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Amplify Energy Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Amplify Energy's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Amplify Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Amplify Energy Corp 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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

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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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
0.7
Revenue Per Share
7.655
Quarterly Revenue Growth
0.15
Return On Assets
0.0424
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.