Amesite Total Current Assets vs Net Invested Capital Analysis
| AMST Stock | USD 3.49 0.13 3.87% |
Amesite OperatingCo financial indicator trend analysis is way more than just evaluating Amesite OperatingCo prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amesite OperatingCo is a good investment. Please check the relationship between Amesite OperatingCo Total Current Assets and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amesite OperatingCo. 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 more information on how to buy Amesite Stock please use our How to Invest in Amesite OperatingCo guide.
Total Current Assets vs Net Invested Capital
Total Current Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amesite OperatingCo Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Amesite OperatingCo's Total Current Assets and Net Invested Capital is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Amesite OperatingCo, assuming nothing else is changed. The correlation between historical values of Amesite OperatingCo's Total Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Amesite OperatingCo are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., Amesite OperatingCo's Total Current Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Amesite OperatingCo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amesite OperatingCo 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 Amesite OperatingCo. 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 more information on how to buy Amesite Stock please use our How to Invest in Amesite OperatingCo guide.Selling General Administrative is likely to gain to about 3.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.6 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 875.6K | 682.5K | 784.9K | 658.2K | Interest Income | 9.2K | 72.8K | 83.7K | 87.9K |
Amesite OperatingCo fundamental ratios Correlations
Click cells to compare fundamentals
Amesite OperatingCo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amesite OperatingCo fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 2.7M | 741.7K | 748.1K | 265.3K | 238.8K | 226.9K | |
| Net Tangible Assets | 1.7M | 10.4M | 7.1M | 5.3M | 6.1M | 5.4M | |
| Retained Earnings | (8.6M) | (20.2M) | (29.3M) | (33.4M) | (30.1M) | (28.6M) | |
| Accounts Payable | 112.1K | 139.8K | 122.3K | 70.1K | 80.6K | 120.4K | |
| Net Receivables | 61.1K | 51.1K | 14.5K | 15K | 17.3K | 26.9K | |
| Other Stockholder Equity | 11.6M | 32.0M | 37.4M | 39.5M | 45.4M | 23.2M | |
| Total Current Assets | 4.4M | 11.1M | 7.7M | 5.5M | 6.3M | 6.3M | |
| Common Stock | 1.6K | 2.1K | 2.6K | 255.0 | 229.5 | 218.02 | |
| Property Plant Equipment | 45.3K | 100.6K | 87.2K | 89.0K | 102.3K | 93.0K | |
| Total Assets | 5.7M | 12.5M | 8.9M | 6.3M | 7.3M | 7.8M | |
| Other Current Liab | 187.1K | 268.8K | 283.2K | 141.3K | 162.5K | 220.8K | |
| Total Stockholder Equity | 3.0M | 11.7M | 8.1M | 6.1M | 7.0M | 6.8M | |
| Property Plant And Equipment Net | 45.3K | 100.6K | 87.2K | 89.0K | 102.3K | 90.6K | |
| Net Debt | (2.1M) | (10.7M) | (7.2M) | (5.4M) | (4.8M) | (5.1M) | |
| Cash | 4.1M | 10.7M | 7.2M | 5.4M | 6.2M | 6.2M | |
| Non Current Assets Total | 1.3M | 1.4M | 1.2M | 867.4K | 780.7K | 931.4K | |
| Cash And Short Term Investments | 4.1M | 10.7M | 7.2M | 5.4M | 6.2M | 6.2M | |
| Common Stock Shares Outstanding | 1.4M | 1.7M | 1.9M | 2.5M | 2.8M | 1.9M | |
| Liabilities And Stockholders Equity | 5.7M | 12.5M | 8.9M | 6.3M | 7.3M | 7.8M | |
| Other Current Assets | 227.3K | 299.4K | 560.1K | 106.7K | 122.7K | 116.5K | |
| Total Liab | 2.7M | 741.7K | 748.1K | 265.3K | 238.8K | 226.9K | |
| Net Invested Capital | 3.0M | 11.7M | 8.1M | 6.1M | 7.0M | 6.8M | |
| Property Plant And Equipment Gross | 45.3K | 100.6K | 154.1K | 181.2K | 208.4K | 125.6K | |
| Capital Stock | 1.6K | 2.1K | 2.6K | 255.0 | 293.25 | 278.59 | |
| Net Working Capital | 1.7M | 10.3M | 7.0M | 5.2M | 6.0M | 5.5M | |
| Intangible Assets | 1.3M | 1.3M | 1.1M | 778.4K | 700.6K | 865.5K |
Pair Trading with Amesite OperatingCo
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 Amesite OperatingCo 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 Amesite OperatingCo will appreciate offsetting losses from the drop in the long position's value.Moving against Amesite Stock
| 0.43 | AMSWA | American Software Financial Report 13th of June 2024 | PairCorr |
The ability to find closely correlated positions to Amesite OperatingCo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amesite OperatingCo 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 Amesite OperatingCo - 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 Amesite OperatingCo to buy it.
The correlation of Amesite OperatingCo 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 Amesite OperatingCo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amesite OperatingCo 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 Amesite OperatingCo 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 Amesite OperatingCo. 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 more information on how to buy Amesite Stock please use our How to Invest in Amesite OperatingCo guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Amesite Stock analysis
When running Amesite OperatingCo's price analysis, check to measure Amesite OperatingCo'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 Amesite OperatingCo is operating at the current time. Most of Amesite OperatingCo's value examination focuses on studying past and present price action to predict the probability of Amesite OperatingCo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amesite OperatingCo's price. Additionally, you may evaluate how the addition of Amesite OperatingCo to your portfolios can decrease your overall portfolio volatility.
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Is Amesite OperatingCo'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 Amesite OperatingCo. If investors know Amesite 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 Amesite OperatingCo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.44) | Revenue Per Share 0.17 | Quarterly Revenue Growth (0.82) | Return On Assets (0.37) | Return On Equity (0.60) |
The market value of Amesite OperatingCo is measured differently than its book value, which is the value of Amesite that is recorded on the company's balance sheet. Investors also form their own opinion of Amesite OperatingCo's value that differs from its market value or its book value, called intrinsic value, which is Amesite OperatingCo'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 Amesite OperatingCo's market value can be influenced by many factors that don't directly affect Amesite OperatingCo'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 Amesite OperatingCo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amesite OperatingCo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amesite OperatingCo'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.