AMCON Capital Stock vs Total Liab Analysis

DIT Stock

USD 163.38 4.44 2.65%

AMCON Distributing financial indicator trend analysis is way more than just evaluating AMCON Distributing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMCON Distributing is a good investment. Please check the relationship between AMCON Distributing Capital Stock and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.

Capital Stock vs Total Liab

Capital Stock vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMCON Distributing Capital Stock account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between AMCON Distributing's Capital Stock and Total Liab is 0.91. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Liab in the same time period over historical financial statements of AMCON Distributing, assuming nothing else is changed. The correlation between historical values of AMCON Distributing's Capital Stock and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of AMCON Distributing are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Capital Stock i.e., AMCON Distributing's Capital Stock and Total Liab go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from AMCON Distributing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMCON Distributing 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.At this time, AMCON Distributing's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas Enterprise Value Multiple is likely to drop 9.65 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	127.7M	170.8M	196.5M	206.3M
Total Revenue	2.0B	2.5B	2.9B	3.1B

Gross Profit Total Revenue

AMCON Distributing fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Cash	Other Liab
Total Assets		0.99	-0.21	0.99	0.95	0.99	0.99	0.96	0.99	0.99	0.66	0.57	0.98	-0.03	0.81	0.99	0.98	0.88	0.19	1.0	0.98	1.0	0.77	0.76	-0.09	0.47
Short Long Term Debt Total	0.99		-0.18	0.97	0.89	0.99	1.0	0.91	0.96	0.98	0.71	0.54	0.95	-0.16	0.84	1.0	0.97	0.84	0.21	1.0	0.98	0.98	0.78	0.79	0.04	0.44
Other Current Liab	-0.21	-0.18		-0.3	-0.2	-0.18	-0.18	-0.23	-0.29	-0.16	-0.44	0.02	-0.25	0.22	-0.26	-0.18	-0.22	-0.29	-0.07	-0.21	-0.23	-0.24	-0.44	-0.23	0.09	-0.13
Total Current Liabilities	0.99	0.97	-0.3		0.95	0.97	0.97	0.96	1.0	0.98	0.67	0.57	0.98	-0.01	0.8	0.97	0.96	0.89	0.15	0.98	0.97	0.99	0.81	0.75	-0.13	0.46
Total Stockholder Equity	0.95	0.89	-0.2	0.95		0.89	0.89	0.98	0.96	0.91	0.45	0.59	0.94	0.18	0.71	0.89	0.94	0.85	0.22	0.91	0.88	0.96	0.68	0.68	-0.34	0.56
Property Plant And Equipment Net	0.99	0.99	-0.18	0.97	0.89		0.99	0.9	0.97	1.0	0.75	0.53	0.98	-0.09	0.78	0.99	0.94	0.87	0.18	0.99	1.0	0.97	0.77	0.71	0.04	0.4
Net Debt	0.99	1.0	-0.18	0.97	0.89	0.99		0.91	0.96	0.98	0.71	0.54	0.95	-0.16	0.84	1.0	0.97	0.84	0.21	1.0	0.98	0.98	0.78	0.79	0.04	0.44
Retained Earnings	0.96	0.91	-0.23	0.96	0.98	0.9	0.91		0.96	0.91	0.46	0.63	0.92	0.03	0.81	0.91	0.97	0.83	0.26	0.93	0.88	0.97	0.76	0.8	-0.26	0.59
Accounts Payable	0.99	0.96	-0.29	1.0	0.96	0.97	0.96	0.96		0.97	0.67	0.57	0.99	0.02	0.77	0.97	0.96	0.91	0.16	0.98	0.97	0.99	0.77	0.74	-0.13	0.46
Non Current Assets Total	0.99	0.98	-0.16	0.98	0.91	1.0	0.98	0.91	0.97		0.72	0.55	0.98	-0.06	0.78	0.99	0.94	0.86	0.16	0.99	0.99	0.97	0.78	0.71	0.0	0.41
Non Currrent Assets Other	0.66	0.71	-0.44	0.67	0.45	0.75	0.71	0.46	0.67	0.72		0.22	0.7	-0.34	0.49	0.72	0.57	0.68	-0.02	0.71	0.78	0.62	0.63	0.39	0.45	0.05
Cash And Short Term Investments	0.57	0.54	0.02	0.57	0.59	0.53	0.54	0.63	0.57	0.55	0.22		0.52	-0.02	0.49	0.54	0.59	0.5	-0.06	0.55	0.5	0.57	0.63	0.54	0.05	0.52
Net Receivables	0.98	0.95	-0.25	0.98	0.94	0.98	0.95	0.92	0.99	0.98	0.7	0.52		0.09	0.7	0.96	0.93	0.91	0.11	0.97	0.98	0.97	0.73	0.65	-0.12	0.41
Common Stock Shares Outstanding	-0.03	-0.16	0.22	-0.01	0.18	-0.09	-0.16	0.03	0.02	-0.06	-0.34	-0.02	0.09		-0.41	-0.13	-0.09	0.17	-0.39	-0.1	-0.09	-0.02	-0.38	-0.38	-0.72	-0.08
Short Term Investments	0.81	0.84	-0.26	0.8	0.71	0.78	0.84	0.81	0.77	0.78	0.49	0.49	0.7	-0.41		0.83	0.86	0.61	0.25	0.83	0.76	0.82	0.82	0.89	0.01	0.45
Non Current Liabilities Total	0.99	1.0	-0.18	0.97	0.89	0.99	1.0	0.91	0.97	0.99	0.72	0.54	0.96	-0.13	0.83		0.97	0.86	0.19	1.0	0.99	0.98	0.77	0.77	0.03	0.43
Inventory	0.98	0.97	-0.22	0.96	0.94	0.94	0.97	0.97	0.96	0.94	0.57	0.59	0.93	-0.09	0.86	0.97		0.82	0.26	0.97	0.93	0.99	0.76	0.84	-0.13	0.55
Other Current Assets	0.88	0.84	-0.29	0.89	0.85	0.87	0.84	0.83	0.91	0.86	0.68	0.5	0.91	0.17	0.61	0.86	0.82		-0.05	0.87	0.89	0.88	0.59	0.55	-0.14	0.25
Other Stockholder Equity	0.19	0.21	-0.07	0.15	0.22	0.18	0.21	0.26	0.16	0.16	-0.02	-0.06	0.11	-0.39	0.25	0.19	0.26	-0.05		0.18	0.17	0.21	0.16	0.28	0.05	0.39
Total Liab	1.0	1.0	-0.21	0.98	0.91	0.99	1.0	0.93	0.98	0.99	0.71	0.55	0.97	-0.1	0.83	1.0	0.97	0.87	0.18		0.99	0.99	0.78	0.77	-0.01	0.44
Property Plant And Equipment Gross	0.98	0.98	-0.23	0.97	0.88	1.0	0.98	0.88	0.97	0.99	0.78	0.5	0.98	-0.09	0.76	0.99	0.93	0.89	0.17	0.99		0.96	0.76	0.68	0.05	0.38
Total Current Assets	1.0	0.98	-0.24	0.99	0.96	0.97	0.98	0.97	0.99	0.97	0.62	0.57	0.97	-0.02	0.82	0.98	0.99	0.88	0.21	0.99	0.96		0.76	0.78	-0.14	0.51
Short Term Debt	0.77	0.78	-0.44	0.81	0.68	0.77	0.78	0.76	0.77	0.78	0.63	0.63	0.73	-0.38	0.82	0.77	0.76	0.59	0.16	0.78	0.76	0.76		0.75	0.1	0.42
Current Deferred Revenue	0.76	0.79	-0.23	0.75	0.68	0.71	0.79	0.8	0.74	0.71	0.39	0.54	0.65	-0.38	0.89	0.77	0.84	0.55	0.28	0.77	0.68	0.78	0.75		-0.01	0.44
Cash	-0.09	0.04	0.09	-0.13	-0.34	0.04	0.04	-0.26	-0.13	0.0	0.45	0.05	-0.12	-0.72	0.01	0.03	-0.13	-0.14	0.05	-0.01	0.05	-0.14	0.1	-0.01		-0.12
Other Liab	0.47	0.44	-0.13	0.46	0.56	0.4	0.44	0.59	0.46	0.41	0.05	0.52	0.41	-0.08	0.45	0.43	0.55	0.25	0.39	0.44	0.38	0.51	0.42	0.44	-0.12

Click cells to compare fundamentals

AMCON Distributing Account Relationship Matchups

AMCON Distributing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	188.0M	188.4M	289.1M	363.4M	417.9M	438.8M
Short Long Term Debt Total	84.7M	67.4M	120.5M	177.5M	204.2M	214.4M
Other Current Liab	13.6M	16.8M	(2.3T)	25.5M	23.0M	24.1M
Total Current Liabilities	41.9M	47.1M	72.0M	76.6M	88.1M	92.5M
Total Stockholder Equity	64.8M	77.6M	92.8M	104.2M	119.8M	125.8M
Property Plant And Equipment Net	36.4M	33.9M	68.0M	103.8M	119.3M	125.3M
Net Debt	84.1M	66.9M	120.1M	176.7M	203.3M	213.4M
Retained Earnings	71.4M	83.6M	96.8M	104.8M	120.6M	126.6M
Accounts Payable	22.1M	24.2M	40.0M	43.1M	49.6M	52.0M
Non Current Assets Total	52.0M	51.8M	78.1M	117.8M	135.4M	142.2M
Non Currrent Assets Other	383.8K	334.8K	3.0M	2.9M	2.6M	2.4M
Cash And Short Term Investments	661.2K	519.6K	431.6K	790.9K	711.8K	427.4K
Net Receivables	34.3M	35.8M	63.2M	72.7M	83.6M	87.8M
Common Stock Shares Outstanding	568.0K	568.1K	583.1K	595.9K	685.2K	686.6K
Liabilities And Stockholders Equity	188.0M	188.4M	289.1M	363.4M	417.9M	438.8M
Non Current Liabilities Total	81.3M	63.7M	124.3M	182.6M	210.0M	220.5M
Inventory	99.0M	95.2M	134.7M	158.6M	182.4M	191.5M
Other Current Assets	2.1M	5.0M	12.7M	13.6M	15.6M	16.4M
Other Stockholder Equity	(6.6M)	(5.9M)	(4.0M)	(686.8K)	(618.1K)	(649.0K)
Total Liab	123.2M	110.8M	196.3M	259.3M	298.1M	313.1M
Property Plant And Equipment Gross	36.4M	33.9M	101.6M	144.0M	165.5M	173.8M
Total Current Assets	136.0M	136.6M	211.0M	245.7M	282.5M	296.6M
Short Term Debt	6.1M	6.1M	8.0M	8.0M	7.2M	4.2M
Cash	661.2K	519.6K	431.6K	790.9K	711.8K	453.1K
Other Liab	1.9M	2.7M	2.3M	2.4M	2.8M	2.4M
Other Assets	273.6K	3.9M	3.7M	2.8M	2.5M	1.8M
Long Term Debt	62.0M	48.7M	98.6M	152.1M	174.9M	183.7M
Common Stock Total Equity	8.4K	8.6K	8.7K	9.2K	8.3K	8.3K
Common Stock	8.7K	8.8K	9.2K	9.4K	8.5K	8.6K
Property Plant Equipment	17.7M	17.5M	33.9M	68.0M	78.2M	82.1M
Net Tangible Assets	58.9M	76.5M	72.7M	85.5M	98.3M	62.8M
Retained Earnings Total Equity	63.8M	66.4M	71.4M	96.8M	111.3M	63.3M
Long Term Debt Total	60.4M	62.0M	48.7M	91.3M	105.0M	110.2M
Capital Surpluse	23.2M	24.3M	24.9M	26.9M	30.9M	20.6M

Pair Trading with AMCON Distributing

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

Moving against AMCON Stock

0.87	LE	Lands End Financial Report 6th of June 2024	Pair Corr
0.77	JD	JD Inc Adr Buyout Trend	Pair Corr
0.63	AN	AutoNation	Pair Corr
0.62	EDUC	Educational Development Report 9th of May 2024	Pair Corr
0.58	EBAY	eBay Inc	Pair Corr

The ability to find closely correlated positions to AMCON Distributing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMCON Distributing 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 AMCON Distributing - 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 AMCON Distributing to buy it.

The correlation of AMCON Distributing 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 AMCON Distributing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMCON Distributing 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 AMCON Distributing 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 Correlation Correlation Matching

When determining whether AMCON Distributing is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AMCON Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Amcon Distributing Stock. Highlighted below are key reports to facilitate an investment decision about Amcon Distributing Stock:

How To Invest In AMCON

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Is AMCON Stock a good investment?

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What is AMCON Distributing's Net Worth?

Details

Largest Distributors Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.

You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running AMCON Distributing's price analysis, check to measure AMCON Distributing'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 AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.

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Is AMCON Distributing'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 AMCON Distributing. If investors know AMCON 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 AMCON Distributing 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

(0.74)

Dividend Share

0.72

Earnings Share

14.18

Revenue Per Share

3.5 K

Quarterly Revenue Growth

0.045

The market value of AMCON Distributing is measured differently than its book value, which is the value of AMCON that is recorded on the company's balance sheet. Investors also form their own opinion of AMCON Distributing's value that differs from its market value or its book value, called intrinsic value, which is AMCON Distributing'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 AMCON Distributing's market value can be influenced by many factors that don't directly affect AMCON Distributing'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 AMCON Distributing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMCON Distributing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMCON Distributing'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.

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AMCON Capital Stock vs Total Liab Analysis

Capital Stock vs Total Liab

Capital Stock vs Total Liab Correlation Analysis

Correlation Coefficient

Capital Stock

Total Liab

AMCON Distributing fundamental ratios Correlations

AMCON Distributing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AMCON Distributing fundamental ratios Accounts

Pair Trading with AMCON Distributing

Moving against AMCON Stock

Complementary Tools for AMCON Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities

Cash	- 0.72	Common Stock Shares Outstanding
Short Term Debt	- 0.44	Other Current Liab
Non Currrent Assets Other	- 0.44	Other Current Liab
Short Term Investments	- 0.41	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.39	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.38	Common Stock Shares Outstanding