Amicus Accounts Payable vs Common Stock Total Equity Analysis

FOLD Stock  USD 10.43  0.44  4.40%   
Amicus Therapeutics financial indicator trend analysis is way more than just evaluating Amicus Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amicus Therapeutics is a good investment. Please check the relationship between Amicus Therapeutics Accounts Payable and its Common Stock Total Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Amicus Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Amicus Stock refer to our How to Trade Amicus Stock guide.

Accounts Payable vs Common Stock Total Equity

Accounts Payable vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amicus Therapeutics Accounts Payable account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Amicus Therapeutics' Accounts Payable and Common Stock Total Equity is 0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Amicus Therapeutics, assuming nothing else is changed. The correlation between historical values of Amicus Therapeutics' Accounts Payable and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Amicus Therapeutics are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Accounts Payable i.e., Amicus Therapeutics' Accounts Payable and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Amicus Therapeutics obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Amicus Therapeutics are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Amicus Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amicus Therapeutics 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 Amicus Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Amicus Stock refer to our How to Trade Amicus Stock guide.At present, Amicus Therapeutics' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4.6 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 1.19.
 2023 2024 (projected)
Extraordinary Items90K85.5K
Reconciled Depreciation7.0M6.3M

Amicus Therapeutics fundamental ratios Correlations

0.85-0.610.490.690.580.880.410.760.490.650.630.420.720.590.620.460.530.490.870.560.630.850.690.930.49
0.85-0.340.370.470.380.590.080.520.70.380.790.150.520.440.330.420.370.240.730.520.340.830.480.620.26
-0.61-0.34-0.03-0.99-0.98-0.78-0.84-0.94-0.25-0.87-0.29-0.96-0.97-0.89-0.970.27-0.89-0.88-0.28-0.8-0.95-0.67-0.98-0.61-0.94
0.490.37-0.030.1-0.110.45-0.120.280.20.370.07-0.060.110.030.090.590.0-0.110.62-0.010.120.260.10.52-0.02
0.690.47-0.990.10.980.840.810.970.340.880.380.931.00.90.96-0.160.890.850.390.820.940.741.00.670.92
0.580.38-0.98-0.110.980.740.830.910.30.810.350.950.970.890.94-0.310.890.880.240.830.920.690.970.550.93
0.880.59-0.780.450.840.740.690.910.260.860.330.690.840.670.810.360.640.640.780.570.810.70.830.930.67
0.410.08-0.84-0.120.810.830.690.78-0.250.75-0.010.90.780.680.83-0.180.670.740.220.550.820.370.810.520.78
0.760.52-0.940.280.970.910.910.780.340.940.30.880.960.870.920.020.850.750.540.790.90.710.970.760.88
0.490.7-0.250.20.340.30.26-0.250.340.210.630.070.370.410.210.060.390.170.310.520.190.620.340.240.27
0.650.38-0.870.370.880.810.860.750.940.210.10.840.870.820.850.030.790.610.470.740.840.590.890.690.85
0.630.79-0.290.070.380.350.33-0.010.30.630.10.10.420.340.350.00.270.470.320.430.380.860.360.40.15
0.420.15-0.96-0.060.930.950.690.90.880.070.840.10.90.810.93-0.370.810.840.130.710.910.490.920.460.9
0.720.52-0.970.111.00.970.840.780.960.370.870.420.90.90.94-0.130.880.830.410.830.920.771.00.680.9
0.590.44-0.890.030.90.890.670.680.870.410.820.340.810.90.84-0.270.990.710.260.970.80.690.890.520.96
0.620.33-0.970.090.960.940.810.830.920.210.850.350.930.940.84-0.260.820.930.280.751.00.710.940.660.87
0.460.420.270.59-0.16-0.310.36-0.180.020.060.030.0-0.37-0.13-0.27-0.26-0.3-0.410.82-0.3-0.230.02-0.150.5-0.32
0.530.37-0.890.00.890.890.640.670.850.390.790.270.810.880.990.82-0.30.710.220.940.770.620.880.480.98
0.490.24-0.88-0.110.850.880.640.740.750.170.610.470.840.830.710.93-0.410.710.110.630.940.680.820.530.74
0.870.73-0.280.620.390.240.780.220.540.310.470.320.130.410.260.280.820.220.110.220.30.510.390.860.2
0.560.52-0.8-0.010.820.830.570.550.790.520.740.430.710.830.970.75-0.30.940.630.220.70.730.820.430.89
0.630.34-0.950.120.940.920.810.820.90.190.840.380.910.920.81.0-0.230.770.940.30.70.730.920.680.83
0.850.83-0.670.260.740.690.70.370.710.620.590.860.490.770.690.710.020.620.680.510.730.730.730.690.55
0.690.48-0.980.11.00.970.830.810.970.340.890.360.921.00.890.94-0.150.880.820.390.820.920.730.650.91
0.930.62-0.610.520.670.550.930.520.760.240.690.40.460.680.520.660.50.480.530.860.430.680.690.650.49
0.490.26-0.94-0.020.920.930.670.780.880.270.850.150.90.90.960.87-0.320.980.740.20.890.830.550.910.49
Click cells to compare fundamentals

Amicus Therapeutics Account Relationship Matchups

Amicus Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets850.2M886.5M905.1M724.2M777.9M451.1M
Total Stockholder Equity476.4M286.4M307.4M123.0M160.2M168.7M
Retained Earnings(1.8B)(2.0B)(2.3B)(2.5B)(2.7B)(2.5B)
Other Assets51.3M65.4M47.4M42.2M48.6M41.8M
Common Stock Shares Outstanding240.4M258.9M271.4M289.1M295.2M309.9M
Liabilities And Stockholders Equity850.2M886.5M905.1M724.2M777.9M473.3M
Other Stockholder Equity2.2B2.3B2.6B2.7B2.8B3.0B
Total Liab373.8M600.1M597.8M601.1M617.7M648.6M
Other Current Liab1.3M104.2M117.1M110.1M131.8M138.4M
Total Current Liabilities128.8M129.7M146.0M139.0M167.7M176.1M
Accounts Payable120.4M17.1M21.5M15.4M15.1M21.1M
Cash142.8M163.2M245.2M148.8M247.0M259.3M
Short Term Investments309.9M320.0M237.3M144.8M39.2M37.2M
Other Current Assets20.0M29.7M34.8M40.2M49.5M52.0M
Common Stock2.6M2.7M2.8M2.8M2.9M3.1M
Property Plant Equipment47.7M43.9M42.5M30.8M35.4M37.2M
Short Long Term Debt Total210.2M441.7M440.1M452.1M445.1M467.3M
Other Liab41.9M35.6M19.1M18.5M21.3M20.2M
Property Plant And Equipment Net81.0M67.2M63.1M60.3M58.0M60.9M
Net Debt67.4M278.5M194.9M303.3M198.1M208.0M
Non Current Assets Total330.1M307.1M308.3M300.4M294.8M204.5M
Non Currrent Assets Other28.3M19.1M24.4M10.0M15.5M16.2M
Long Term Debt149.5M389.3M389.4M392.0M387.9M407.3M
Cash And Short Term Investments452.7M483.3M482.5M293.6M286.2M251.3M
Common Stock Total Equity2.6M2.7M2.8M2.8M3.2M3.4M
Non Current Liabilities Total245.0M470.5M451.8M462.1M450.0M243.4M
Property Plant And Equipment Gross81.0M67.2M83.0M82.6M83.4M87.6M
Total Current Assets520.1M579.5M596.8M423.8M483.1M293.7M
Accumulated Other Comprehensive Income2.8M8.2M5.0M(12.1M)5.3M5.6M
Net Tangible Assets255.6M65.6M86.6M(97.8M)(112.4M)(106.8M)
Net Receivables33.3M46.9M52.7M66.2M87.6M92.0M
Retained Earnings Total Equity(1.8B)(2.0B)(2.3B)(2.5B)(2.3B)(2.2B)
Capital Surpluse2.2B2.3B2.6B2.7B3.1B1.7B
Inventory14.0M19.6M26.8M23.8M59.7M62.7M
Deferred Long Term Liab14.0M12.3M10.8M9.6M8.6M8.2M
Non Current Liabilities Other81.5M68.9M51.6M60.5M13.3M12.6M

Amicus Therapeutics Investors Sentiment

The influence of Amicus Therapeutics' 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 Amicus. 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 Amicus Therapeutics' public news can be used to forecast risks associated with an investment in Amicus. The trend in average sentiment can be used to explain how an investor holding Amicus can time the market purely based on public headlines and social activities around Amicus Therapeutics. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Amicus Therapeutics' 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 Amicus Therapeutics' 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 Amicus Therapeutics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Amicus Therapeutics.
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 Amicus Therapeutics 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, Amicus Therapeutics' short interest history, or implied volatility extrapolated from Amicus Therapeutics options trading.

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When determining whether Amicus Therapeutics is a strong investment it is important to analyze Amicus Therapeutics' 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 Amicus Therapeutics' future performance. For an informed investment choice regarding Amicus Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Amicus Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Amicus Stock refer to our How to Trade Amicus Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Amicus Therapeutics' 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 Amicus Therapeutics. If investors know Amicus 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 Amicus Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Revenue Per Share
1.353
Quarterly Revenue Growth
0.306
Return On Assets
(0.06)
Return On Equity
(1.07)
The market value of Amicus Therapeutics is measured differently than its book value, which is the value of Amicus that is recorded on the company's balance sheet. Investors also form their own opinion of Amicus Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Amicus Therapeutics' 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 Amicus Therapeutics' market value can be influenced by many factors that don't directly affect Amicus Therapeutics' 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 Amicus Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amicus Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amicus Therapeutics' 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.