AMREP Total Liab vs Net Tangible Assets Analysis
AXR Stock | USD 20.75 0.15 0.73% |
AMREP financial indicator trend analysis is way more than just evaluating AMREP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMREP is a good investment. Please check the relationship between AMREP Total Liab and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMREP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. To learn how to invest in AMREP Stock, please use our How to Invest in AMREP guide.
Total Liab vs Net Tangible Assets
Total Liab vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMREP Total Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between AMREP's Total Liab and Net Tangible Assets is -0.82. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of AMREP, assuming nothing else is changed. The correlation between historical values of AMREP's Total Liab and Net Tangible Assets 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 Liab of AMREP are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Liab i.e., AMREP's Total Liab and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from AMREP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMREP 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 AMREP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. To learn how to invest in AMREP Stock, please use our How to Invest in AMREP guide.As of 05/02/2024, Selling General Administrative is likely to grow to about 13.8 M, while Discontinued Operations is likely to drop slightly above 3.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 26.7M | 18.9M | 17.0M | 31.1M | Total Revenue | 62.5M | 48.7M | 43.8M | 77.6M |
AMREP fundamental ratios Correlations
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AMREP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AMREP fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 96.7M | 97.4M | 94.9M | 115.9M | 104.3M | 137.9M | |
Short Long Term Debt Total | 3.9M | 3.4M | 2.0M | 44K | 39.6K | 37.6K | |
Total Stockholder Equity | 84.6M | 88.9M | 83.2M | 111M | 127.7M | 93.8M | |
Net Debt | (13.6M) | (21.4M) | (13.7M) | (19.9M) | (18.0M) | (17.1M) | |
Retained Earnings | 43.1M | 47.7M | 54.8M | 76.6M | 88.1M | 56.2M | |
Non Current Assets Total | 24.7M | 16.6M | 11.4M | 28.0M | 25.2M | 47.5M | |
Non Currrent Assets Other | 18.5M | 13.8M | 9.1M | 14.1M | 12.7M | 12.1M | |
Common Stock Shares Outstanding | 8.1M | 7.8M | 7.2M | 5.3M | 6.1M | 7.6M | |
Liabilities And Stockholders Equity | 96.7M | 97.4M | 94.9M | 115.9M | 104.3M | 137.9M | |
Non Current Liabilities Total | 8.9M | 3.9M | 2.0M | 44K | 39.6K | 37.6K | |
Other Stockholder Equity | 47.1M | 45.1M | 32.4M | 32.7M | 29.4M | 33.3M | |
Total Liab | 12.0M | 8.5M | 11.8M | 4.9M | 4.4M | 4.2M | |
Total Current Liabilities | 3.1M | 4.6M | 9.7M | 4.9M | 4.4M | 4.1M | |
Accounts Payable | 3.1M | 2.0M | 3.5M | 1.9M | 1.7M | 1.6M | |
Cash | 17.5M | 24.8M | 15.7M | 20.0M | 23.0M | 20.5M | |
Cash And Short Term Investments | 17.5M | 24.8M | 15.7M | 20.0M | 23.0M | 20.5M | |
Net Receivables | 57K | 37K | 50K | 41K | 36.9K | 35.1K | |
Inventory | 53.4M | 55.6M | 67.2M | 65.6M | 59.1M | 52.3M | |
Total Current Assets | 71.9M | 80.8M | 83.5M | 87.9M | 79.1M | 101.1M | |
Accumulated Other Comprehensive Income | (6.5M) | (4.6M) | (4.6M) | 1.2M | 1.3M | 1.4M | |
Other Current Liab | (1.1M) | (472K) | 4.9M | 1.7M | 1.5M | 1.4M | |
Other Current Assets | 934K | 324K | 456K | 2.3M | 2.1M | 2.0M | |
Other Liab | 9.2M | 6.4M | 5.0M | 476K | 428.4K | 407.0K | |
Other Assets | 24.7M | 17.0M | 2.0M | 14.8M | 17.0M | 15.4M | |
Long Term Debt | 3.9M | 3.4M | 2.0M | 44K | 39.6K | 37.6K | |
Common Stock Total Equity | 835K | 836K | 730K | 526K | 604.9K | 830.6K | |
Common Stock | 836K | 730K | 524K | 526K | 473.4K | 596.4K | |
Property Plant Equipment | 18.6M | 13.6M | 1.4M | 13.7M | 12.4M | 15.3M | |
Net Tangible Assets | 84.6M | 88.9M | 83.2M | 111M | 127.7M | 89.3M | |
Retained Earnings Total Equity | 49.1M | 43.1M | 47.7M | 76.6M | 69.0M | 42.9M | |
Long Term Debt Total | 3.9M | 3.4M | 2.0M | 44K | 39.6K | 37.6K | |
Capital Surpluse | 51.3M | 45.1M | 32.4M | 32.7M | 29.4M | 36.9M | |
Non Current Liabilities Other | 9.2M | 6.4M | 5.0M | 571K | 513.9K | 488.2K |
Pair Trading with AMREP
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 AMREP 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 AMREP will appreciate offsetting losses from the drop in the long position's value.Moving against AMREP Stock
0.44 | CLVT | CLARIVATE PLC Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to AMREP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMREP 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 AMREP - 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 AMREP to buy it.
The correlation of AMREP 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 AMREP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMREP 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 AMREP 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 AMREP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. To learn how to invest in AMREP Stock, please use our How to Invest in AMREP guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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When running AMREP's price analysis, check to measure AMREP'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 AMREP is operating at the current time. Most of AMREP's value examination focuses on studying past and present price action to predict the probability of AMREP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMREP's price. Additionally, you may evaluate how the addition of AMREP to your portfolios can decrease your overall portfolio volatility.
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Is AMREP'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 AMREP. If investors know AMREP 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 AMREP 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 (0.99) | Earnings Share 0.42 | Revenue Per Share 8.409 | Quarterly Revenue Growth 0.392 | Return On Assets 0.0401 |
The market value of AMREP is measured differently than its book value, which is the value of AMREP that is recorded on the company's balance sheet. Investors also form their own opinion of AMREP's value that differs from its market value or its book value, called intrinsic value, which is AMREP'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 AMREP's market value can be influenced by many factors that don't directly affect AMREP'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 AMREP's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMREP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMREP'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.