Amarin Common Stock Shares Outstanding vs Common Stock Total Equity Analysis

AMRN Stock  USD 0.85  0.02  2.30%   
Amarin PLC financial indicator trend analysis is way more than just evaluating Amarin PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amarin PLC is a good investment. Please check the relationship between Amarin PLC Common Stock Shares Outstanding and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarin PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.

Common Stock Shares Outstanding vs Common Stock Total Equity

Common Stock Shares Outstanding vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amarin PLC Common Stock Shares Outstanding account and Common Stock Total Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Amarin PLC's Common Stock Shares Outstanding and Common Stock Total Equity is 0.99. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Amarin PLC, assuming nothing else is changed. The correlation between historical values of Amarin PLC's Common Stock Shares Outstanding and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Amarin PLC are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Amarin PLC's Common Stock Shares Outstanding and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Amarin PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amarin PLC 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 Amarin PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.As of the 5th of June 2024, Enterprise Value is likely to grow to about 1.6 B, while Selling General Administrative is likely to drop about 68.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense129K15K8K7.6K
Depreciation And Amortization2.9M2.1M3.0M1.9M

Amarin PLC fundamental ratios Correlations

-0.550.660.960.980.94-0.74-0.730.920.50.810.670.890.960.9-0.580.90.830.930.540.870.990.590.830.850.86
-0.55-0.49-0.6-0.69-0.640.610.19-0.55-0.04-0.46-0.48-0.36-0.66-0.460.93-0.62-0.51-0.460.27-0.65-0.54-0.31-0.5-0.42-0.41
0.66-0.490.650.70.67-0.59-0.680.410.320.550.640.470.70.77-0.580.760.280.780.060.650.65-0.160.530.790.75
0.96-0.60.650.950.89-0.67-0.790.950.380.80.660.80.990.93-0.670.90.830.940.50.850.950.640.770.890.9
0.98-0.690.70.950.97-0.8-0.640.880.470.780.670.850.970.85-0.730.890.810.890.360.890.970.530.820.810.81
0.94-0.640.670.890.97-0.78-0.570.820.490.750.640.840.920.78-0.680.840.810.840.340.870.940.470.810.730.73
-0.740.61-0.59-0.67-0.8-0.780.44-0.57-0.81-0.35-0.32-0.85-0.69-0.590.64-0.5-0.52-0.65-0.17-0.46-0.78-0.31-0.55-0.57-0.58
-0.730.19-0.68-0.79-0.64-0.570.44-0.65-0.39-0.57-0.48-0.62-0.75-0.930.3-0.69-0.55-0.92-0.62-0.54-0.73-0.33-0.49-0.95-0.96
0.92-0.550.410.950.880.82-0.57-0.650.310.780.590.780.930.82-0.570.810.910.830.590.820.90.810.750.750.78
0.5-0.040.320.380.470.49-0.81-0.390.310.090.030.80.360.38-0.120.130.310.450.430.060.560.190.330.360.4
0.81-0.460.550.80.780.75-0.35-0.570.780.090.940.50.790.74-0.450.880.710.740.490.870.740.460.910.670.68
0.67-0.480.640.660.670.64-0.32-0.480.590.030.940.330.670.64-0.450.810.490.630.290.770.590.20.870.580.59
0.89-0.360.470.80.850.84-0.85-0.620.780.80.50.330.790.73-0.410.610.730.790.570.590.930.580.630.70.72
0.96-0.660.70.990.970.92-0.69-0.750.930.360.790.670.790.92-0.720.920.820.940.420.890.960.580.770.880.88
0.9-0.460.770.930.850.78-0.59-0.930.820.380.740.640.730.92-0.530.880.690.990.530.770.890.440.670.990.99
-0.580.93-0.58-0.67-0.73-0.680.640.3-0.57-0.12-0.45-0.45-0.41-0.72-0.53-0.62-0.53-0.550.25-0.64-0.58-0.3-0.47-0.5-0.49
0.9-0.620.760.90.890.84-0.5-0.690.810.130.880.810.610.920.88-0.620.690.880.350.960.860.40.810.850.83
0.83-0.510.280.830.810.81-0.52-0.550.910.310.710.490.730.820.69-0.530.690.720.560.760.820.780.710.620.67
0.93-0.460.780.940.890.84-0.65-0.920.830.450.740.630.790.940.99-0.550.880.720.530.790.930.450.70.980.98
0.540.270.060.50.360.34-0.17-0.620.590.430.490.290.570.420.530.250.350.560.530.290.530.580.510.490.53
0.87-0.650.650.850.890.87-0.46-0.540.820.060.870.770.590.890.77-0.640.960.760.790.290.830.440.80.730.71
0.99-0.540.650.950.970.94-0.78-0.730.90.560.740.590.930.960.89-0.580.860.820.930.530.830.590.780.850.86
0.59-0.31-0.160.640.530.47-0.31-0.330.810.190.460.20.580.580.44-0.30.40.780.450.580.440.590.470.370.42
0.83-0.50.530.770.820.81-0.55-0.490.750.330.910.870.630.770.67-0.470.810.710.70.510.80.780.470.60.61
0.85-0.420.790.890.810.73-0.57-0.950.750.360.670.580.70.880.99-0.50.850.620.980.490.730.850.370.60.99
0.86-0.410.750.90.810.73-0.58-0.960.780.40.680.590.720.880.99-0.490.830.670.980.530.710.860.420.610.99
Click cells to compare fundamentals

Amarin PLC Account Relationship Matchups

Amarin PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets882.2M966.0M1.1B886.2M831.7M873.3M
Short Long Term Debt Total59.6M9.2M8.6M10.0M8.7M8.3M
Other Current Liab139.8M28.8M45.6M182.6M204.2M214.4M
Total Current Liabilities242.2M307.4M370.7M259.5M259.3M272.2M
Total Stockholder Equity608.3M627.5M667.1M595.3M552.1M579.7M
Property Plant And Equipment Net10.9M10.1M9.1M9.9M8.4M8.8M
Net Debt(585.0M)(177.8M)(210.9M)(207.7M)(191.0M)(181.5M)
Retained Earnings(1.4B)(1.4B)(1.4B)(1.5B)(1.6B)(1.5B)
Accounts Payable50.0M105.9M114.9M64.6M52.8M55.4M
Cash644.6M187.0M219.5M217.7M199.8M107.5M
Non Current Assets Total27.2M86.8M189.3M197.1M106.7M112.0M
Non Currrent Assets Other1.1M432K121.7M164.1M79.0M82.9M
Cash And Short Term Investments644.6M500.9M454.1M309.4M321.2M337.2M
Net Receivables116.4M154.6M163.7M131.0M133.6M140.2M
Common Stock Shares Outstanding342.5M381.8M402.5M401.2M407.7M428.0M
Liabilities And Stockholders Equity882.2M966.0M1.1B886.2M831.7M873.3M
Non Current Liabilities Total31.7M31.1M30.3M31.4M20.3M19.3M
Inventory76.8M188.9M234.7M228.7M258.6M271.5M
Other Current Assets13.3M30.9M22.4M19.5M11.6M6.3M
Other Stockholder Equity1.7B1.8B1.8B1.8B1.8B1.9B
Total Liab273.9M338.5M401.0M290.8M279.6M152.6M
Property Plant And Equipment Gross2.4M10.1M9.1M9.9M9.8M10.3M
Total Current Assets855.0M879.2M878.7M689.1M725.0M761.2M
Short Term Debt50.1M169.9M207.5M10.0M11.5M11.0M
Intangible Assets15.3M13.8M23.5M21.8M19.3M13.5M
Common Stock Total Equity208.8M246.7M269.2M290.1M333.6M350.3M
Common Stock269.2M290.1M294.0M299.0M302.8M317.9M
Other Liab22.3M21.9M21.7M21.4M24.6M32.0M
Current Deferred Revenue2.3M2.9M2.6M2.2M2.3M3.5M
Other Assets1.1M73.0M121.7M164.1M188.7M198.1M
Property Plant Equipment10.9M10.1M9.1M9.9M11.4M12.0M
Net Tangible Assets571.2M613.7M643.6M573.6M659.6M692.6M

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Additional Information and Resources on Investing in Amarin Stock

When determining whether Amarin PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amarin PLC'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 Amarin Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amarin Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarin PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Biotechnology space 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 Amarin PLC. If investors know Amarin 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 Amarin PLC 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
(0.94)
Earnings Share
(0.13)
Revenue Per Share
0.679
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.02)
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC'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 Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC'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 Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC'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.