American Other Assets vs Property Plant Equipment Analysis

AMWD Stock  USD 92.92  1.25  1.36%   
American Woodmark financial indicator trend analysis is way more than just evaluating American Woodmark prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Woodmark is a good investment. Please check the relationship between American Woodmark Other Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Woodmark. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade American Stock refer to our How to Trade American Stock guide.

Other Assets vs Property Plant Equipment

Other Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Woodmark Other Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have no relationship.
The correlation between American Woodmark's Other Assets and Property Plant Equipment is 0.02. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of American Woodmark, assuming nothing else is changed. The correlation between historical values of American Woodmark's Other Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of American Woodmark are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Assets i.e., American Woodmark's Other Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Property Plant Equipment

Most indicators from American Woodmark's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Woodmark 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 Woodmark. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade American Stock refer to our How to Trade American Stock guide.At present, American Woodmark's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 11.19, whereas Tax Provision is forecasted to decline to about 18.5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses190.1M219.6M252.6M265.2M
Cost Of Revenue1.6B1.7B2.0B2.1B

American Woodmark fundamental ratios Correlations

0.950.820.950.950.960.940.92-0.40.990.34-0.410.970.790.930.890.66-0.150.960.960.840.790.520.650.990.99
0.950.650.850.820.850.990.77-0.460.970.22-0.480.930.671.00.760.51-0.211.00.850.680.650.620.830.910.91
0.820.650.830.930.870.640.94-0.320.80.4-0.320.760.770.60.880.730.070.650.870.790.830.130.220.880.88
0.950.850.830.950.950.830.93-0.290.920.39-0.30.960.820.830.920.76-0.130.880.950.920.840.450.490.960.96
0.950.820.930.950.980.810.99-0.370.930.4-0.370.90.810.780.960.74-0.030.830.980.880.890.330.40.970.97
0.960.850.870.950.980.840.97-0.40.940.39-0.410.890.750.810.940.73-0.020.851.00.840.930.320.430.960.96
0.940.990.640.830.810.840.76-0.570.970.2-0.590.910.60.980.780.51-0.120.980.840.630.670.530.80.890.89
0.920.770.940.930.990.970.76-0.340.90.41-0.330.860.790.730.940.71-0.030.780.970.870.910.270.330.950.95
-0.4-0.46-0.32-0.29-0.37-0.4-0.57-0.34-0.470.00.99-0.350.12-0.41-0.52-0.31-0.51-0.4-0.40.03-0.470.25-0.22-0.33-0.33
0.990.970.80.920.930.940.970.9-0.470.31-0.490.950.740.950.870.63-0.120.970.940.770.780.50.690.970.97
0.340.220.40.390.40.390.20.410.00.310.00.330.410.210.370.270.450.250.390.410.30.020.030.380.38
-0.41-0.48-0.32-0.3-0.37-0.41-0.59-0.330.99-0.490.0-0.350.11-0.43-0.5-0.34-0.49-0.42-0.410.05-0.480.24-0.24-0.33-0.33
0.970.930.760.960.90.890.910.86-0.350.950.33-0.350.790.920.860.66-0.180.950.890.870.710.590.670.960.96
0.790.670.770.820.810.750.60.790.120.740.410.110.790.670.690.63-0.310.710.750.910.550.620.450.850.85
0.931.00.60.830.780.810.980.73-0.410.950.21-0.430.920.670.710.48-0.251.00.810.670.580.670.870.880.88
0.890.760.880.920.960.940.780.94-0.520.870.37-0.50.860.690.710.820.120.760.940.820.910.20.280.910.91
0.660.510.730.760.740.730.510.71-0.310.630.27-0.340.660.630.480.820.170.540.730.710.710.130.080.710.71
-0.15-0.210.07-0.13-0.03-0.02-0.12-0.03-0.51-0.120.45-0.49-0.18-0.31-0.250.120.17-0.24-0.02-0.270.14-0.69-0.43-0.14-0.14
0.961.00.650.880.830.850.980.78-0.40.970.25-0.420.950.711.00.760.54-0.240.850.730.640.650.830.920.92
0.960.850.870.950.981.00.840.97-0.40.940.39-0.410.890.750.810.940.73-0.020.850.840.930.320.430.960.96
0.840.680.790.920.880.840.630.870.030.770.410.050.870.910.670.820.71-0.270.730.840.70.540.360.890.89
0.790.650.830.840.890.930.670.91-0.470.780.3-0.480.710.550.580.910.710.140.640.930.7-0.020.120.80.8
0.520.620.130.450.330.320.530.270.250.50.020.240.590.620.670.20.13-0.690.650.320.54-0.020.80.50.5
0.650.830.220.490.40.430.80.33-0.220.690.03-0.240.670.450.870.280.08-0.430.830.430.360.120.80.580.58
0.990.910.880.960.970.960.890.95-0.330.970.38-0.330.960.850.880.910.71-0.140.920.960.890.80.50.581.0
0.990.910.880.960.970.960.890.95-0.330.970.38-0.330.960.850.880.910.71-0.140.920.960.890.80.50.581.0
Click cells to compare fundamentals

American Woodmark Account Relationship Matchups

American Woodmark fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B1.6B1.5B1.7B1.8B
Short Long Term Debt Total728.5M651.4M626.1M477.8M549.5M577.0M
Other Current Liab78.2M100.5M80.6M151.1M173.7M182.4M
Total Current Liabilities155.6M220.4M216.2M178.1M204.8M215.1M
Total Stockholder Equity700.5M742.9M772.9M873.8M1.0B1.1B
Property Plant And Equipment Net331.5M327.1M321.9M318.9M366.8M385.1M
Net Debt631.4M560.3M603.7M436.1M501.5M526.6M
Retained Earnings392.3M434.9M399.4M493.2M567.1M595.5M
Cash97.1M91.1M22.3M41.7M48.0M49.4M
Non Current Assets Total1.3B1.2B1.2B1.2B1.3B1.4B
Non Currrent Assets Other28.9M27.9M36.8M33.5M38.6M40.5M
Cash And Short Term Investments97.1M91.1M22.3M41.7M48.0M53.0M
Net Receivables106.3M146.9M157.0M119.2M137.0M143.9M
Common Stock Shares Outstanding17.0M17.0M16.6M16.7M19.2M17.4M
Liabilities And Stockholders Equity1.6B1.6B1.6B1.5B1.7B1.8B
Non Current Liabilities Total766.7M673.2M643.4M466.9M536.9M563.8M
Inventory111.8M140.3M228.3M190.7M219.3M230.3M
Other Current Assets9.9M13.9M21.1M16.7M19.2M20.1M
Other Stockholder Equity(51.2M)(54.6M)10.2M10.4M9.3M8.9M
Total Liab922.3M893.6M859.6M645.0M741.8M778.8M
Property Plant And Equipment Gross331.5M327.1M321.9M318.9M366.8M385.1M
Total Current Assets325.2M392.1M428.7M368.3M423.5M444.7M
Accumulated Other Comprehensive Income(51.2M)(54.6M)10.2M10.4M9.3M9.8M
Short Term Debt21.1M28.3M24.2M27.0M31.1M32.7M
Accounts Payable134.5M91.6M111.4M63.9M73.5M49.4M
Intangible Assets169.7M121.8M76.1M30.4M35.0M38.0M
Common Stock Total Equity359.4M362.5M363.2M370.3M425.8M447.1M
Common Stock359.4M362.5M363.2M370.3M425.8M447.1M
Other Liab70.8M59.3M50.1M41.6M47.8M37.7M
Other Assets29.4M28.9M27.9M38.3M44.0M23.2M
Long Term Debt591.5M513.5M506.7M369.4M424.8M446.0M
Property Plant Equipment203.8M204.0M321.9M219.4M252.3M168.5M
Current Deferred Revenue(95.2M)(86.0M)(78.2M)(63.9M)(57.5M)(60.4M)
Net Tangible Assets(124.3M)(36.9M)(70.8M)157.1M141.4M148.5M
Retained Earnings Total Equity392.3M434.9M399.4M493.2M567.1M595.5M
Long Term Debt Total594.9M513.5M506.7M369.4M424.8M359.0M
Deferred Long Term Liab52.9M38.3M38.3M11.9M13.7M26.9M
Non Current Liabilities Other6.4M11.7M3.2M4.2M3.8M3.6M

American Woodmark Investors Sentiment

The influence of American Woodmark'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 Woodmark'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 Woodmark. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Woodmark'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 Woodmark'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 Woodmark's news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Woodmark.
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 Woodmark 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 Woodmark's short interest history, or implied volatility extrapolated from American Woodmark options trading.

Pair Trading with American Woodmark

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

Moving together with American Stock

  0.69ETD Ethan Allen Interiors Financial Report 7th of August 2024 PairCorr

Moving against American Stock

  0.44VIOT Viomi Technology ADRPairCorr
The ability to find closely correlated positions to American Woodmark 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 Woodmark 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 Woodmark - 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 Woodmark to buy it.
The correlation of American Woodmark 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 Woodmark moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Woodmark 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 Woodmark 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 Woodmark is a strong investment it is important to analyze American Woodmark's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Woodmark's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Woodmark. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade American Stock refer to our How to Trade American Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is American Woodmark'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 Woodmark. 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 Woodmark 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
0.5
Earnings Share
7.26
Revenue Per Share
114.628
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0649
The market value of American Woodmark 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 Woodmark's value that differs from its market value or its book value, called intrinsic value, which is American Woodmark'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 Woodmark's market value can be influenced by many factors that don't directly affect American Woodmark'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 Woodmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Woodmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Woodmark'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.