American Invested Capital vs Cost of Revenue Analysis
AMSC Stock | USD 11.87 0.46 3.73% |
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 Invested Capital 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.
Invested Capital vs Cost Of Revenue
Invested Capital 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 Invested Capital account and Cost of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between American Superconductor's Invested Capital and Cost of Revenue is -0.41. Overlapping area represents the amount of variation of Invested Capital 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 Invested Capital 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 Invested Capital 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 Invested Capital i.e., American Superconductor's Invested Capital and Cost of Revenue go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to American Superconductor. There are two different methods for calculating American Superconductor invested capital: operating approach and financing approach. Understanding American Superconductor invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.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 |
American Superconductor fundamental ratios Correlations
Click cells to compare fundamentals
American Superconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
0.69 | B | Barnes Group Earnings Call Tomorrow | PairCorr |
Moving against American Stock
0.48 | RR | Richtech Robotics Class | PairCorr |
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.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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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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.