American Gross Profit vs Interest Expense Analysis

AMSC Stock  USD 13.45  0.55  4.26%   
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 Gross Profit and its Interest Expense 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.

Gross Profit vs Interest Expense

Gross Profit vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Superconductor Gross Profit account and Interest Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between American Superconductor's Gross Profit and Interest Expense is 0.31. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Expense 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 Gross Profit and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of American Superconductor are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Gross Profit i.e., American Superconductor's Gross Profit and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of American Superconductor minus its cost of goods sold. It is profit before American Superconductor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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.As of March 28, 2024, Selling General Administrative is expected to decline to about 23.8 M. In addition to that, Tax Provision is expected to decline to about 183.8 K
 2021 2022 2023 2024 (projected)
Total Operating Expenses40.4M40.4M46.5M42.0M
Cost Of Revenue94.9M97.5M112.1M64.7M

American Superconductor fundamental ratios Correlations

0.670.840.920.57-0.02-0.420.390.20.930.150.610.180.50.840.560.920.480.430.720.690.670.670.630.560.28
0.670.640.610.370.26-0.32-0.27-0.120.77-0.170.410.190.340.630.370.440.440.230.550.390.510.520.340.45-0.02
0.840.640.710.310.31-0.370.42-0.070.78-0.230.890.440.351.00.310.760.610.180.960.530.470.480.380.890.21
0.920.610.710.59-0.19-0.310.250.410.870.30.460.090.310.710.580.830.420.470.550.660.690.690.690.380.13
0.570.370.310.590.13-0.020.16-0.050.7-0.06-0.08-0.60.10.281.00.34-0.390.760.20.710.570.560.85-0.09-0.19
-0.020.260.31-0.190.130.120.03-0.910.19-0.880.28-0.04-0.140.290.13-0.25-0.030.130.430.110.00.00.030.42-0.11
-0.42-0.32-0.37-0.31-0.020.12-0.33-0.18-0.31-0.21-0.45-0.62-0.91-0.44-0.01-0.47-0.410.34-0.450.27-0.09-0.090.15-0.37-0.7
0.39-0.270.420.250.160.03-0.330.110.240.040.490.190.330.460.160.490.140.060.460.170.120.120.220.410.6
0.2-0.12-0.070.41-0.05-0.91-0.180.110.00.84-0.080.130.12-0.04-0.050.380.17-0.05-0.18-0.060.220.210.12-0.20.22
0.930.770.780.870.70.19-0.310.240.0-0.10.490.020.380.770.690.70.370.480.670.70.680.680.680.480.13
0.15-0.17-0.230.3-0.06-0.88-0.210.040.84-0.1-0.230.030.24-0.2-0.060.390.030.08-0.36-0.080.160.160.1-0.370.31
0.610.410.890.46-0.080.28-0.450.49-0.080.49-0.230.730.380.9-0.080.640.74-0.210.910.190.160.17-0.040.950.38
0.180.190.440.09-0.6-0.04-0.620.190.130.020.030.730.50.49-0.610.330.83-0.70.53-0.41-0.19-0.18-0.570.690.54
0.50.340.350.310.1-0.14-0.910.330.120.380.240.380.50.410.10.550.36-0.230.4-0.110.150.16-0.070.30.71
0.840.631.00.710.280.29-0.440.46-0.040.77-0.20.90.490.410.280.780.630.140.970.470.470.480.340.90.3
0.560.370.310.581.00.13-0.010.16-0.050.69-0.06-0.08-0.610.10.280.33-0.40.760.20.710.570.560.85-0.09-0.2
0.920.440.760.830.34-0.25-0.470.490.380.70.390.640.330.550.780.330.510.30.650.560.540.550.480.550.39
0.480.440.610.42-0.39-0.03-0.410.140.170.370.030.740.830.360.63-0.40.51-0.390.6-0.010.110.12-0.210.720.39
0.430.230.180.470.760.130.340.06-0.050.480.08-0.21-0.7-0.230.140.760.3-0.390.050.760.70.70.92-0.16-0.27
0.720.550.960.550.20.43-0.450.46-0.180.67-0.360.910.530.40.970.20.650.60.050.370.390.40.240.940.28
0.690.390.530.660.710.110.270.17-0.060.7-0.080.19-0.41-0.110.470.710.56-0.010.760.370.540.540.840.2-0.36
0.670.510.470.690.570.0-0.090.120.220.680.160.16-0.190.150.470.570.540.110.70.390.541.00.760.210.12
0.670.520.480.690.560.0-0.090.120.210.680.160.17-0.180.160.480.560.550.120.70.40.541.00.760.220.12
0.630.340.380.690.850.030.150.220.120.680.1-0.04-0.57-0.070.340.850.48-0.210.920.240.840.760.76-0.01-0.19
0.560.450.890.38-0.090.42-0.370.41-0.20.48-0.370.950.690.30.9-0.090.550.72-0.160.940.20.210.22-0.010.32
0.28-0.020.210.13-0.19-0.11-0.70.60.220.130.310.380.540.710.3-0.20.390.39-0.270.28-0.360.120.12-0.190.32
Click cells to compare fundamentals

American Superconductor Account Relationship Matchups

American Superconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.1M168.9M173.9M175.6M201.9M168.0M
Other Current Liab12.0M21.5M17.1M25.7M23.1M22.0M
Total Current Liabilities41.0M40.7M54.0M84.1M96.7M101.6M
Total Stockholder Equity72.2M116.6M109.4M81.8M94.1M123.7M
Property Plant And Equipment Net11.9M12.7M17.2M15.2M17.4M16.6M
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 Payable10.0M5.4M13.2M13.9M16.0M12.8M
Cash24.7M67.8M40.6M23.4M26.9M44.6M
Non Current Assets Total29.8M63.6M79.6M69.4M79.8M69.9M
Cash And Short Term Investments54.8M73.0M40.6M23.4M26.9M25.5M
Net Receivables17.0M13.3M20.3M30.7M35.3M37.0M
Common Stock Shares Outstanding21.1M23.9M27.2M27.8M32.0M33.6M
Liabilities And Stockholders Equity124.1M168.9M173.9M175.6M201.9M168.0M
Other Stockholder Equity1.1B1.1B1.1B1.1B1.3B655.3M
Total Liab51.9M52.3M64.5M93.8M107.8M113.2M
Property Plant And Equipment Gross11.9M12.7M13.7M15.2M17.4M16.6M
Total Current Assets94.3M105.2M94.3M106.2M122.1M98.1M
Accumulated Other Comprehensive Income(216K)(277K)(291K)1.6M1.8M1.9M
Intangible Assets3.6M9.2M11.3M8.5M9.8M10.3M
Non Currrent Assets Other6.0M314K239K528K475.2K451.4K
Inventory19.0M13.3M23.7M37.0M42.5M44.7M
Other Current Assets3.5M5.7M9.8M13.4M15.4M9.2M
Common Stock Total Equity216K229K280K289K332.4K329.6K
Common Stock229K280K289K299K343.9K329.5K
Current Deferred Revenue18.4M13.3M22.8M43.6M50.1M52.6M
Non Current Liabilities Total10.9M11.5M10.5M9.7M11.1M7.9M
Short Term Debt439K612K812K883K1.0M1.1M
Other Liab9.8M7.9M8.3M7.5M8.7M5.9M
Other Assets2.4M7.6M7.1M7.6M8.8M6.0M
Property Plant Equipment9.0M8.6M9.0M17.2M15.4M14.7M
Net Tangible Assets76.6M68.7M107.4M54.6M49.1M83.7M
Retained Earnings Total Equity(961.5M)(978.6M)(1.0B)(1.0B)(918.5M)(964.4M)
Capital Surpluse1.0B1.1B1.1B1.1B1.3B1.1B
Treasury Stock(2.1M)(2.7M)(3.6M)(3.6M)(3.3M)(3.1M)

American Superconductor Investors Sentiment

The influence of American Superconductor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in American. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to American Superconductor's public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Superconductor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Superconductor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for American Superconductor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average American Superconductor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Superconductor.
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 American Superconductor 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, American Superconductor's short interest history, or implied volatility extrapolated from American Superconductor options trading.

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

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Moving against American Stock

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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 CorrelationCorrelation 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:
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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.