Amarin Net Debt vs Property Plant And Equipment Net Analysis
AMRN Stock | USD 0.94 0.03 3.30% |
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 Net Debt and its Property Plant And Equipment Net 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.
Net Debt vs Property Plant And Equipment Net
Net Debt vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amarin PLC Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Amarin PLC's Net Debt and Property Plant And Equipment Net is -0.78. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net 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 Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Amarin PLC are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Amarin PLC's Net Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 16th of May 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 Expense | 129K | 15K | 8K | 7.6K | Depreciation And Amortization | 2.9M | 2.1M | 3.0M | 1.9M |
Amarin PLC fundamental ratios Correlations
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Amarin PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amarin PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 882.2M | 966.0M | 1.1B | 886.2M | 831.7M | 873.3M | |
Short Long Term Debt Total | 59.6M | 9.2M | 8.6M | 10.0M | 8.7M | 8.3M | |
Other Current Liab | 139.8M | 28.8M | 45.6M | 182.6M | 204.2M | 214.4M | |
Total Current Liabilities | 242.2M | 307.4M | 370.7M | 259.5M | 259.3M | 272.2M | |
Total Stockholder Equity | 608.3M | 627.5M | 667.1M | 595.3M | 552.1M | 579.7M | |
Property Plant And Equipment Net | 10.9M | 10.1M | 9.1M | 9.9M | 8.4M | 8.8M | |
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 Payable | 50.0M | 105.9M | 114.9M | 64.6M | 52.8M | 55.4M | |
Cash | 644.6M | 187.0M | 219.5M | 217.7M | 199.8M | 107.5M | |
Non Current Assets Total | 27.2M | 86.8M | 189.3M | 197.1M | 106.7M | 112.0M | |
Non Currrent Assets Other | 1.1M | 432K | 121.7M | 164.1M | 79.0M | 82.9M | |
Cash And Short Term Investments | 644.6M | 500.9M | 454.1M | 309.4M | 321.2M | 337.2M | |
Net Receivables | 116.4M | 154.6M | 163.7M | 131.0M | 133.6M | 140.2M | |
Common Stock Shares Outstanding | 342.5M | 381.8M | 402.5M | 401.2M | 407.7M | 428.0M | |
Liabilities And Stockholders Equity | 882.2M | 966.0M | 1.1B | 886.2M | 831.7M | 873.3M | |
Non Current Liabilities Total | 31.7M | 31.1M | 30.3M | 31.4M | 20.3M | 19.3M | |
Inventory | 76.8M | 188.9M | 234.7M | 228.7M | 258.6M | 271.5M | |
Other Current Assets | 13.3M | 30.9M | 22.4M | 19.5M | 11.6M | 6.3M | |
Other Stockholder Equity | 1.7B | 1.8B | 1.8B | 1.8B | 1.8B | 1.9B | |
Total Liab | 273.9M | 338.5M | 401.0M | 290.8M | 279.6M | 152.6M | |
Property Plant And Equipment Gross | 2.4M | 10.1M | 9.1M | 9.9M | 9.8M | 10.3M | |
Total Current Assets | 855.0M | 879.2M | 878.7M | 689.1M | 725.0M | 761.2M | |
Short Term Debt | 50.1M | 169.9M | 207.5M | 10.0M | 11.5M | 11.0M | |
Intangible Assets | 15.3M | 13.8M | 23.5M | 21.8M | 19.3M | 13.5M | |
Common Stock Total Equity | 208.8M | 246.7M | 269.2M | 290.1M | 333.6M | 350.3M | |
Common Stock | 269.2M | 290.1M | 294.0M | 299.0M | 302.8M | 317.9M | |
Other Liab | 22.3M | 21.9M | 21.7M | 21.4M | 24.6M | 32.0M | |
Current Deferred Revenue | 2.3M | 2.9M | 2.6M | 2.2M | 2.3M | 3.5M | |
Other Assets | 1.1M | 73.0M | 121.7M | 164.1M | 188.7M | 198.1M | |
Property Plant Equipment | 10.9M | 10.1M | 9.1M | 9.9M | 11.4M | 12.0M | |
Net Tangible Assets | 571.2M | 613.7M | 643.6M | 573.6M | 659.6M | 692.6M |
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 Amarin PLC 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, Amarin PLC's short interest history, or implied volatility extrapolated from Amarin PLC options trading.
Pair Trading with Amarin PLC
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 Amarin PLC 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 Amarin PLC will appreciate offsetting losses from the drop in the long position's value.Moving against Amarin Stock
0.55 | HLN | Haleon plc | PairCorr |
The ability to find closely correlated positions to Amarin PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amarin PLC 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 Amarin PLC - 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 Amarin PLC to buy it.
The correlation of Amarin PLC 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 Amarin PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amarin PLC 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 Amarin PLC 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.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.
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When running Amarin PLC's price analysis, check to measure Amarin PLC'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 Amarin PLC is operating at the current time. Most of Amarin PLC's value examination focuses on studying past and present price action to predict the probability of Amarin PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarin PLC's price. Additionally, you may evaluate how the addition of Amarin PLC to your portfolios can decrease your overall portfolio volatility.
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Is Amarin PLC'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 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.