American Asset Turnover vs Cost of Revenue Analysis

AMSC Stock

USD 11.66 0.09 0.77%

American Superconductor financial indicator trend analysis is way more than just evaluating American Superconductor prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Superconductor is a good investment. Please check the relationship between American Superconductor Asset Turnover and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Superconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For information on how to trade American Stock refer to our How to Trade American Stock guide.

Asset Turnover vs Cost Of Revenue

Asset Turnover vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Superconductor Asset Turnover account and Cost of Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between American Superconductor's Asset Turnover and Cost of Revenue is 0.5. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of American Superconductor, assuming nothing else is changed. The correlation between historical values of American Superconductor's Asset Turnover and Cost of 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 Asset Turnover of American Superconductor are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Asset Turnover i.e., American Superconductor's Asset Turnover and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Cost Of Revenue

Cost of Revenue is found on American Superconductor income statement and represents the costs associated with goods and services American Superconductor provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from American Superconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Superconductor 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 American Superconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For information on how to trade American Stock refer to our How to Trade American Stock guide.The current year's Enterprise Value is expected to grow to about 183.6 M, whereas Selling General Administrative is forecasted to decline to about 23.8 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	40.4M	40.4M	46.5M	42.0M
Cost Of Revenue	94.9M	97.5M	112.1M	64.7M

Total Operating Expenses Cost Of Revenue

American Superconductor fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Non Currrent Assets Other	Inventory	Other Current Assets	Common Stock Total Equity	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total
Total Assets		0.67	0.84	0.92	0.57	-0.02	-0.42	0.39	0.2	0.93	0.15	0.61	0.18	0.5	0.84	0.56	0.92	0.48	0.43	0.72	0.69	0.67	0.67	0.63	0.56	0.28
Other Current Liab	0.67		0.64	0.61	0.37	0.26	-0.32	-0.27	-0.12	0.77	-0.17	0.41	0.19	0.34	0.63	0.37	0.44	0.44	0.23	0.55	0.39	0.51	0.52	0.34	0.45	-0.02
Total Current Liabilities	0.84	0.64		0.71	0.31	0.31	-0.37	0.42	-0.07	0.78	-0.23	0.89	0.44	0.35	1.0	0.31	0.76	0.61	0.18	0.96	0.53	0.47	0.48	0.38	0.89	0.21
Total Stockholder Equity	0.92	0.61	0.71		0.59	-0.19	-0.31	0.25	0.41	0.87	0.3	0.46	0.09	0.31	0.71	0.58	0.83	0.42	0.47	0.55	0.66	0.69	0.69	0.69	0.38	0.13
Property Plant And Equipment Net	0.57	0.37	0.31	0.59		0.13	-0.02	0.16	-0.05	0.7	-0.06	-0.08	-0.6	0.1	0.28	1.0	0.34	-0.39	0.76	0.2	0.71	0.57	0.56	0.85	-0.09	-0.19
Net Debt	-0.02	0.26	0.31	-0.19	0.13		0.12	0.03	-0.91	0.19	-0.88	0.28	-0.04	-0.14	0.29	0.13	-0.25	-0.03	0.13	0.43	0.11	0.0	0.0	0.03	0.42	-0.11
Retained Earnings	-0.42	-0.32	-0.37	-0.31	-0.02	0.12		-0.33	-0.18	-0.31	-0.21	-0.45	-0.62	-0.91	-0.44	-0.01	-0.47	-0.41	0.34	-0.45	0.27	-0.09	-0.09	0.15	-0.37	-0.7
Accounts Payable	0.39	-0.27	0.42	0.25	0.16	0.03	-0.33		0.11	0.24	0.04	0.49	0.19	0.33	0.46	0.16	0.49	0.14	0.06	0.46	0.17	0.12	0.12	0.22	0.41	0.6
Cash	0.2	-0.12	-0.07	0.41	-0.05	-0.91	-0.18	0.11		0.0	0.84	-0.08	0.13	0.12	-0.04	-0.05	0.38	0.17	-0.05	-0.18	-0.06	0.22	0.21	0.12	-0.2	0.22
Non Current Assets Total	0.93	0.77	0.78	0.87	0.7	0.19	-0.31	0.24	0.0		-0.1	0.49	0.02	0.38	0.77	0.69	0.7	0.37	0.48	0.67	0.7	0.68	0.68	0.68	0.48	0.13
Cash And Short Term Investments	0.15	-0.17	-0.23	0.3	-0.06	-0.88	-0.21	0.04	0.84	-0.1		-0.23	0.03	0.24	-0.2	-0.06	0.39	0.03	0.08	-0.36	-0.08	0.16	0.16	0.1	-0.37	0.31
Net Receivables	0.61	0.41	0.89	0.46	-0.08	0.28	-0.45	0.49	-0.08	0.49	-0.23		0.73	0.38	0.9	-0.08	0.64	0.74	-0.21	0.91	0.19	0.16	0.17	-0.04	0.95	0.38
Common Stock Shares Outstanding	0.18	0.19	0.44	0.09	-0.6	-0.04	-0.62	0.19	0.13	0.02	0.03	0.73		0.5	0.49	-0.61	0.33	0.83	-0.7	0.53	-0.41	-0.19	-0.18	-0.57	0.69	0.54
Other Stockholder Equity	0.5	0.34	0.35	0.31	0.1	-0.14	-0.91	0.33	0.12	0.38	0.24	0.38	0.5		0.41	0.1	0.55	0.36	-0.23	0.4	-0.11	0.15	0.16	-0.07	0.3	0.71
Total Liab	0.84	0.63	1.0	0.71	0.28	0.29	-0.44	0.46	-0.04	0.77	-0.2	0.9	0.49	0.41		0.28	0.78	0.63	0.14	0.97	0.47	0.47	0.48	0.34	0.9	0.3
Property Plant And Equipment Gross	0.56	0.37	0.31	0.58	1.0	0.13	-0.01	0.16	-0.05	0.69	-0.06	-0.08	-0.61	0.1	0.28		0.33	-0.4	0.76	0.2	0.71	0.57	0.56	0.85	-0.09	-0.2
Total Current Assets	0.92	0.44	0.76	0.83	0.34	-0.25	-0.47	0.49	0.38	0.7	0.39	0.64	0.33	0.55	0.78	0.33		0.51	0.3	0.65	0.56	0.54	0.55	0.48	0.55	0.39
Intangible Assets	0.48	0.44	0.61	0.42	-0.39	-0.03	-0.41	0.14	0.17	0.37	0.03	0.74	0.83	0.36	0.63	-0.4	0.51		-0.39	0.6	-0.01	0.11	0.12	-0.21	0.72	0.39
Non Currrent Assets Other	0.43	0.23	0.18	0.47	0.76	0.13	0.34	0.06	-0.05	0.48	0.08	-0.21	-0.7	-0.23	0.14	0.76	0.3	-0.39		0.05	0.76	0.7	0.7	0.92	-0.16	-0.27
Inventory	0.72	0.55	0.96	0.55	0.2	0.43	-0.45	0.46	-0.18	0.67	-0.36	0.91	0.53	0.4	0.97	0.2	0.65	0.6	0.05		0.37	0.39	0.4	0.24	0.94	0.28
Other Current Assets	0.69	0.39	0.53	0.66	0.71	0.11	0.27	0.17	-0.06	0.7	-0.08	0.19	-0.41	-0.11	0.47	0.71	0.56	-0.01	0.76	0.37		0.54	0.54	0.84	0.2	-0.36
Common Stock Total Equity	0.67	0.51	0.47	0.69	0.57	0.0	-0.09	0.12	0.22	0.68	0.16	0.16	-0.19	0.15	0.47	0.57	0.54	0.11	0.7	0.39	0.54		1.0	0.76	0.21	0.12
Common Stock	0.67	0.52	0.48	0.69	0.56	0.0	-0.09	0.12	0.21	0.68	0.16	0.17	-0.18	0.16	0.48	0.56	0.55	0.12	0.7	0.4	0.54	1.0		0.76	0.22	0.12
Short Long Term Debt Total	0.63	0.34	0.38	0.69	0.85	0.03	0.15	0.22	0.12	0.68	0.1	-0.04	-0.57	-0.07	0.34	0.85	0.48	-0.21	0.92	0.24	0.84	0.76	0.76		-0.01	-0.19
Current Deferred Revenue	0.56	0.45	0.89	0.38	-0.09	0.42	-0.37	0.41	-0.2	0.48	-0.37	0.95	0.69	0.3	0.9	-0.09	0.55	0.72	-0.16	0.94	0.2	0.21	0.22	-0.01		0.32
Non Current Liabilities Total	0.28	-0.02	0.21	0.13	-0.19	-0.11	-0.7	0.6	0.22	0.13	0.31	0.38	0.54	0.71	0.3	-0.2	0.39	0.39	-0.27	0.28	-0.36	0.12	0.12	-0.19	0.32

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American Superconductor Account Relationship Matchups

American Superconductor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	124.1M	168.9M	173.9M	175.6M	201.9M	168.0M
Other Current Liab	12.0M	21.5M	17.1M	25.7M	23.1M	22.0M
Total Current Liabilities	41.0M	40.7M	54.0M	84.1M	96.7M	101.6M
Total Stockholder Equity	72.2M	116.6M	109.4M	81.8M	94.1M	123.7M
Property Plant And Equipment Net	11.9M	12.7M	17.2M	15.2M	17.4M	16.6M
Net Debt	(21.3M)	(64.0M)	(36.8M)	(20.3M)	(18.3M)	(19.2M)
Retained Earnings	(978.6M)	(1.0B)	(1.0B)	(1.1B)	(950.0M)	(902.5M)
Accounts Payable	10.0M	5.4M	13.2M	13.9M	16.0M	12.8M
Cash	24.7M	67.8M	40.6M	23.4M	26.9M	44.6M
Non Current Assets Total	29.8M	63.6M	79.6M	69.4M	79.8M	69.9M
Cash And Short Term Investments	54.8M	73.0M	40.6M	23.4M	26.9M	25.5M
Net Receivables	17.0M	13.3M	20.3M	30.7M	35.3M	37.0M
Common Stock Shares Outstanding	21.1M	23.9M	27.2M	27.8M	32.0M	33.6M
Liabilities And Stockholders Equity	124.1M	168.9M	173.9M	175.6M	201.9M	168.0M
Other Stockholder Equity	1.1B	1.1B	1.1B	1.1B	1.3B	655.3M
Total Liab	51.9M	52.3M	64.5M	93.8M	107.8M	113.2M
Property Plant And Equipment Gross	11.9M	12.7M	13.7M	15.2M	17.4M	16.6M
Total Current Assets	94.3M	105.2M	94.3M	106.2M	122.1M	98.1M
Accumulated Other Comprehensive Income	(216K)	(277K)	(291K)	1.6M	1.8M	1.9M
Intangible Assets	3.6M	9.2M	11.3M	8.5M	9.8M	10.3M
Non Currrent Assets Other	6.0M	314K	239K	528K	475.2K	451.4K
Inventory	19.0M	13.3M	23.7M	37.0M	42.5M	44.7M
Other Current Assets	3.5M	5.7M	9.8M	13.4M	15.4M	9.2M
Common Stock Total Equity	216K	229K	280K	289K	332.4K	329.6K
Common Stock	229K	280K	289K	299K	343.9K	329.5K
Current Deferred Revenue	18.4M	13.3M	22.8M	43.6M	50.1M	52.6M
Non Current Liabilities Total	10.9M	11.5M	10.5M	9.7M	11.1M	7.9M
Short Term Debt	439K	612K	812K	883K	1.0M	1.1M
Other Liab	9.8M	7.9M	8.3M	7.5M	8.7M	5.9M
Other Assets	2.4M	7.6M	7.1M	7.6M	8.8M	6.0M
Property Plant Equipment	9.0M	8.6M	9.0M	17.2M	15.4M	14.7M
Net Tangible Assets	76.6M	68.7M	107.4M	54.6M	49.1M	83.7M
Retained Earnings Total Equity	(961.5M)	(978.6M)	(1.0B)	(1.0B)	(918.5M)	(964.4M)
Capital Surpluse	1.0B	1.1B	1.1B	1.1B	1.3B	1.1B
Treasury Stock	(2.1M)	(2.7M)	(3.6M)	(3.6M)	(3.3M)	(3.1M)

Pair Trading with American Superconductor

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

Moving together with American Stock

0.74	B	Barnes Group Earnings Call This Week	Pair Corr
0.63	HI	Hillenbrand Financial Report 13th of May 2024	Pair Corr

Moving against American Stock

0.57

Richtech Robotics Class

Pair Corr

The ability to find closely correlated positions to American Superconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Superconductor 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 American Superconductor - 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 American Superconductor to buy it.

The correlation of American Superconductor 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 American Superconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Superconductor 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 American Superconductor 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 Correlation Correlation Matching

When determining whether American Superconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Superconductor'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 American Superconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Superconductor Stock:

How To Invest In American

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Is American Stock a good investment?

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What is American Superconductor's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Superconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For information on how to trade American Stock refer to our How to Trade American Stock guide.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running American Superconductor's price analysis, check to measure American Superconductor'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 American Superconductor is operating at the current time. Most of American Superconductor's value examination focuses on studying past and present price action to predict the probability of American Superconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Superconductor's price. Additionally, you may evaluate how the addition of American Superconductor to your portfolios can decrease your overall portfolio volatility.

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Is American Superconductor'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 American Superconductor. If investors know American 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 American Superconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.58)

Revenue Per Share

4.741

Quarterly Revenue Growth

0.648

Return On Assets

(0.04)

Return On Equity

(0.20)

The market value of American Superconductor is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Superconductor's value that differs from its market value or its book value, called intrinsic value, which is American Superconductor'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 American Superconductor's market value can be influenced by many factors that don't directly affect American Superconductor'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 American Superconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Superconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Superconductor'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.

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American Asset Turnover vs Cost of Revenue Analysis

Asset Turnover vs Cost Of Revenue

Asset Turnover vs Cost of Revenue Correlation Analysis

Correlation Coefficient

Asset Turnover

Cost Of Revenue

American Superconductor fundamental ratios Correlations

American Superconductor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Superconductor fundamental ratios Accounts

Pair Trading with American Superconductor

Moving together with American Stock

Moving against American Stock

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Inventory	+ 0.97	Total Liab
Inventory	+ 0.96	Total Current Liabilities
Current Deferred Revenue	+ 0.95	Net Receivables

Other Stockholder Equity	- 0.91	Retained Earnings
Cash	- 0.91	Net Debt
Cash And Short Term Investments	- 0.88	Net Debt
Non Currrent Assets Other	- 0.7	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.7	Retained Earnings
Common Stock Shares Outstanding	- 0.62	Retained Earnings