Antero Other Current Assets vs Total Stockholder Equity Analysis

AM Stock  USD 14.41  0.09  0.62%   
Antero Midstream financial indicator trend analysis is way more than just evaluating Antero Midstream Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Antero Midstream Partners is a good investment. Please check the relationship between Antero Midstream Other Current Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Other Current Assets vs Total Stockholder Equity

Other Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antero Midstream Partners Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Antero Midstream's Other Current Assets and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Antero Midstream Partners, assuming nothing else is changed. The correlation between historical values of Antero Midstream's Other Current Assets and Total Stockholder 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 Other Current Assets of Antero Midstream Partners are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Assets i.e., Antero Midstream's Other Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Antero Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antero Midstream Partners 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 Antero Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Antero Midstream's Tax Provision is very stable compared to the past year. As of the 5th of June 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Selling General Administrative is likely to drop about 43.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit149.9M608.0M692.4M727.0M
Cost Of Revenue84.3M382.7M420.1M230.8M

Antero Midstream fundamental ratios Correlations

0.760.820.930.730.850.990.70.320.10.09-0.18-0.530.740.960.890.750.6-0.230.05-0.510.960.97-0.360.960.96
0.760.990.860.380.530.680.460.17-0.130.21-0.42-0.310.670.710.820.810.42-0.03-0.08-0.290.720.78-0.250.70.75
0.820.990.910.490.570.740.50.18-0.120.24-0.39-0.320.710.770.840.840.45-0.02-0.09-0.30.780.83-0.30.770.81
0.930.860.910.70.690.870.640.37-0.040.22-0.34-0.40.740.920.90.850.54-0.080.08-0.380.920.94-0.370.910.93
0.730.380.490.70.550.730.510.1-0.030.110.07-0.350.470.780.580.520.38-0.12-0.1-0.330.780.74-0.510.780.73
0.850.530.570.690.550.890.890.240.28-0.33-0.26-0.790.770.840.660.370.84-0.590.06-0.780.840.83-0.10.840.84
0.990.680.740.870.730.890.720.30.180.02-0.12-0.580.720.960.860.680.64-0.290.05-0.560.960.96-0.330.960.95
0.70.460.50.640.510.890.720.220.45-0.53-0.3-0.90.610.760.60.190.97-0.750.17-0.890.760.760.140.770.78
0.320.170.180.370.10.240.30.22-0.170.04-0.65-0.20.290.390.410.380.25-0.080.89-0.20.370.36-0.080.350.39
0.1-0.13-0.12-0.04-0.030.280.180.45-0.17-0.520.41-0.49-0.230.140.11-0.340.5-0.530.1-0.50.150.130.660.170.13
0.090.210.240.220.11-0.330.02-0.530.04-0.520.130.790.160.040.170.64-0.610.95-0.240.80.040.05-0.640.040.03
-0.18-0.42-0.39-0.340.07-0.26-0.12-0.3-0.650.410.130.28-0.52-0.25-0.22-0.31-0.370.2-0.50.28-0.23-0.27-0.04-0.2-0.3
-0.53-0.31-0.32-0.4-0.35-0.79-0.58-0.9-0.2-0.490.790.28-0.35-0.58-0.430.06-0.920.94-0.271.0-0.58-0.58-0.32-0.58-0.59
0.740.670.710.740.470.770.720.610.29-0.230.16-0.52-0.350.740.610.660.53-0.09-0.09-0.330.740.76-0.420.740.76
0.960.710.770.920.780.840.960.760.390.140.04-0.25-0.580.740.890.720.69-0.270.14-0.561.00.99-0.311.01.0
0.890.820.840.90.580.660.860.60.410.110.17-0.22-0.430.610.890.790.55-0.120.19-0.410.90.92-0.350.90.91
0.750.810.840.850.520.370.680.190.38-0.340.64-0.310.060.660.720.790.110.390.020.080.730.75-0.580.710.73
0.60.420.450.540.380.840.640.970.250.5-0.61-0.37-0.920.530.690.550.11-0.810.26-0.920.690.690.270.690.71
-0.23-0.03-0.02-0.08-0.12-0.59-0.29-0.75-0.08-0.530.950.20.94-0.09-0.27-0.120.39-0.81-0.260.95-0.27-0.27-0.51-0.27-0.29
0.05-0.08-0.090.08-0.10.060.050.170.890.1-0.24-0.5-0.27-0.090.140.190.020.26-0.26-0.270.120.110.270.10.15
-0.51-0.29-0.3-0.38-0.33-0.78-0.56-0.89-0.2-0.50.80.281.0-0.33-0.56-0.410.08-0.920.95-0.27-0.56-0.56-0.35-0.56-0.57
0.960.720.780.920.780.840.960.760.370.150.04-0.23-0.580.741.00.90.730.69-0.270.12-0.560.99-0.311.00.99
0.970.780.830.940.740.830.960.760.360.130.05-0.27-0.580.760.990.920.750.69-0.270.11-0.560.99-0.30.991.0
-0.36-0.25-0.3-0.37-0.51-0.1-0.330.14-0.080.66-0.64-0.04-0.32-0.42-0.31-0.35-0.580.27-0.510.27-0.35-0.31-0.3-0.31-0.29
0.960.70.770.910.780.840.960.770.350.170.04-0.2-0.580.741.00.90.710.69-0.270.1-0.561.00.99-0.310.99
0.960.750.810.930.730.840.950.780.390.130.03-0.3-0.590.761.00.910.730.71-0.290.15-0.570.991.0-0.290.99
Click cells to compare fundamentals

Antero Midstream Account Relationship Matchups

Antero Midstream fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B5.6B5.5B5.8B5.9B6.1B
Other Current Liab232.3M80.6M85.5M73.8M81.5M63.5M
Total Current Liabilities242.1M94.0M114.0M102.1M96.4M74.3M
Total Stockholder Equity3.1B2.4B2.3B2.2B2.2B1.3B
Accounts Payable9.8M13.4M28.5M28.3M15.0M12.0M
Total Liab3.1B3.2B3.3B3.6B3.7B3.9B
Other Assets117.7M2.3B12.7M12.0M13.8M13.1M
Net Tangible Assets1.1B990.8M929.9M906.2M1.0B681.4M
Cash1.2M640K0.066K59.4K56.4K
Common Stock Shares Outstanding442.6M478.3M479.7M480.3M482.4M362.5M
Other Current Assets1.7M1.5M920K1.3M1.5M986.3K
Other Stockholder Equity3.5B2.9B2.4B2.1B2.0B1.6B
Total Current Assets108.6M93.9M83.8M89.0M91.1M60.2M
Common Stock4.8M4.8M4.8M4.8M4.8M4.6M
Net Debt2.9B3.1B3.1B3.4B3.2B1.9B
Non Current Assets Total6.2B5.5B5.5B5.7B5.8B3.5B
Cash And Short Term Investments1.2M640K0.066K59.4K56.4K
Liabilities And Stockholders Equity6.3B5.6B5.5B5.8B5.9B3.6B
Non Current Liabilities Total2.9B3.1B3.1B3.5B3.6B2.0B
Long Term Investments709.6M722.5M696.0M652.8M750.7M392.8M
Non Currrent Assets Other14.5M9.6M(1.1M)(119.2M)10.9M11.4M
Long Term Debt Total2.9B3.1B3.1B3.4B3.9B2.0B
Net Invested Capital6.0B5.5B5.4B5.6B6.4B4.1B
Net Working Capital(133.5M)(74K)(30.2M)(13.1M)(15.0M)(15.8M)

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Antero Midstream Partners using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Information and Resources on Investing in Antero Stock

When determining whether Antero Midstream Partners is a strong investment it is important to analyze Antero Midstream'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 Antero Midstream's future performance. For an informed investment choice regarding Antero Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Oil & Gas Storage & Transportation space 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 Antero Midstream. If investors know Antero 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 Antero Midstream 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
0.167
Dividend Share
0.9
Earnings Share
0.8
Revenue Per Share
2.36
Quarterly Revenue Growth
0.071
The market value of Antero Midstream Partners is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream'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 Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream'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 Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream'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.