Advanced Extraordinary Items vs Other Operating Expenses Analysis

AMD Stock  USD 162.62  2.95  1.85%   
Advanced Micro financial indicator trend analysis is way more than just evaluating Advanced Micro Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Micro Devices is a good investment. Please check the relationship between Advanced Micro Extraordinary Items and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. 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.

Extraordinary Items vs Other Operating Expenses

Extraordinary Items vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Micro Devices Extraordinary Items account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Advanced Micro's Extraordinary Items and Other Operating Expenses is -0.61. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Advanced Micro Devices, assuming nothing else is changed. The correlation between historical values of Advanced Micro's Extraordinary Items and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Advanced Micro Devices are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Extraordinary Items i.e., Advanced Micro's Extraordinary Items and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Extraordinary Items

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Advanced Micro Devices. It is also known as Advanced Micro overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Advanced Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Micro Devices 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 Advanced Micro Devices. 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 present, Advanced Micro'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 27.87, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.08.
 2021 2022 2023 2024 (projected)
Interest Expense47M34M106M100.7M
Depreciation And Amortization354M55M3.6B3.7B

Advanced Micro fundamental ratios Correlations

0.160.870.951.00.83-0.660.750.920.810.90.960.940.820.640.980.510.720.980.920.970.970.780.910.460.65
0.160.270.10.140.240.52-0.180.220.40.390.080.10.10.70.150.40.50.230.330.110.130.430.21-0.150.09
0.870.270.90.860.85-0.570.640.940.90.850.890.920.820.780.920.540.830.860.880.910.920.780.910.220.76
0.950.10.90.950.84-0.730.710.950.780.850.990.980.910.60.990.520.680.960.880.990.990.790.910.550.8
1.00.140.860.950.83-0.670.760.920.820.90.950.940.810.640.970.510.720.980.930.970.970.780.910.450.64
0.830.240.850.840.83-0.590.760.830.820.770.840.880.690.630.840.610.730.790.960.860.840.750.850.340.59
-0.660.52-0.57-0.73-0.67-0.59-0.62-0.67-0.39-0.42-0.74-0.73-0.72-0.04-0.7-0.14-0.26-0.61-0.55-0.73-0.72-0.35-0.65-0.48-0.66
0.75-0.180.640.710.760.76-0.620.610.630.630.730.740.40.340.730.420.470.660.760.740.710.60.60.370.24
0.920.220.940.950.920.83-0.670.610.890.890.930.960.90.750.960.570.840.920.90.960.970.830.970.410.83
0.810.40.90.780.820.82-0.390.630.890.910.760.840.650.910.830.640.980.770.90.810.830.860.880.260.57
0.90.390.850.850.90.77-0.420.630.890.910.820.840.680.830.880.580.880.890.890.850.890.850.840.40.55
0.960.080.890.990.950.84-0.740.730.930.760.820.970.890.570.980.540.640.960.880.990.980.790.890.520.78
0.940.10.920.980.940.88-0.730.740.960.840.840.970.890.640.980.540.740.930.910.990.980.790.950.50.79
0.820.10.820.910.810.69-0.720.40.90.650.680.890.890.520.890.40.590.860.720.90.890.640.860.510.96
0.640.70.780.60.640.63-0.040.340.750.910.830.570.640.520.660.60.950.650.740.630.650.790.730.110.47
0.980.150.920.990.970.84-0.70.730.960.830.880.980.980.890.660.490.740.970.911.01.00.790.930.490.77
0.510.40.540.520.510.61-0.140.420.570.640.580.540.540.40.60.490.630.50.610.520.520.860.580.150.34
0.720.50.830.680.720.73-0.260.470.840.980.880.640.740.590.950.740.630.690.820.710.740.820.830.190.54
0.980.230.860.960.980.79-0.610.660.920.770.890.960.930.860.650.970.50.690.880.960.970.780.880.490.71
0.920.330.880.880.930.96-0.550.760.90.90.890.880.910.720.740.910.610.820.880.910.910.810.90.370.59
0.970.110.910.990.970.86-0.730.740.960.810.850.990.990.90.631.00.520.710.960.910.990.80.930.510.78
0.970.130.920.990.970.84-0.720.710.970.830.890.980.980.890.651.00.520.740.970.910.990.810.930.490.78
0.780.430.780.790.780.75-0.350.60.830.860.850.790.790.640.790.790.860.820.780.810.80.810.780.360.56
0.910.210.910.910.910.85-0.650.60.970.880.840.890.950.860.730.930.580.830.880.90.930.930.780.330.79
0.46-0.150.220.550.450.34-0.480.370.410.260.40.520.50.510.110.490.150.190.490.370.510.490.360.330.43
0.650.090.760.80.640.59-0.660.240.830.570.550.780.790.960.470.770.340.540.710.590.780.780.560.790.43
Click cells to compare fundamentals

Advanced Micro Account Relationship Matchups

Advanced Micro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B9.0B12.4B67.6B67.9B71.3B
Total Current Liabilities2.4B2.4B4.2B6.4B6.7B7.0B
Total Stockholder Equity2.8B5.8B7.5B54.8B55.9B58.7B
Retained Earnings(7.1B)(4.6B)(1.5B)(131M)723M759.2M
Non Currrent Assets Other357M(866M)373M1.5B2.8B2.9B
Cash And Short Term Investments1.5B2.3B3.6B5.9B5.8B6.1B
Net Receivables1.9B2.1B2.7B4.1B5.4B5.7B
Common Stock Shares Outstanding1.1B1.2B1.2B1.6B1.6B1.7B
Liabilities And Stockholders Equity6.0B9.0B12.4B67.6B67.9B71.3B
Inventory982M1.4B2.0B3.8B4.4B4.6B
Other Stockholder Equity9.9B17M(3M)(41M)55.2B57.9B
Total Liab3.2B3.1B4.9B12.8B12.0B12.6B
Property Plant And Equipment Gross500M641M702M2.0B4.0B2.6B
Total Current Assets4.6B6.1B8.6B15.0B16.8B17.6B
Cash And Equivalents1.5B1.6B2.5B4.8B5.6B5.8B
Short Term Debt70M136M43M312M751M788.6M
Current Deferred Revenue22M1.3B2M859M544M571.2M
Short Term Investments37M695M1.1B1.0B1.8B1.9B
Other Assets169M1.4B2.1B1.8B2.1B2.2B
Long Term Debt486M330M1M2.5B1.7B1.6B
Property Plant Equipment500M849M1.1B2.0B1.8B1.5B
Treasury Stock(50M)(53M)(131M)(2.1B)(1.9B)(1.8B)
Intangible Assets210M229M328M24.5B21.4B22.4B
Net Tangible Assets2.7B6.0B7.2B6.1B7.0B7.4B
Retained Earnings Total Equity(7.4B)(7.1B)(4.6B)(1.5B)(1.7B)(1.8B)
Long Term Debt Total486M330M1M2.5B2.2B1.1B

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When determining whether Advanced Micro Devices is a strong investment it is important to analyze Advanced Micro'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 Advanced Micro's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Micro Devices. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Advanced Micro's price analysis, check to measure Advanced Micro'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 Advanced Micro is operating at the current time. Most of Advanced Micro's value examination focuses on studying past and present price action to predict the probability of Advanced Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Micro's price. Additionally, you may evaluate how the addition of Advanced Micro to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Micro'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 Advanced Micro. If investors know Advanced 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 Advanced Micro 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
48.693
Earnings Share
0.69
Revenue Per Share
14.113
Quarterly Revenue Growth
0.022
Return On Assets
0.0054
The market value of Advanced Micro Devices is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Micro's value that differs from its market value or its book value, called intrinsic value, which is Advanced Micro'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 Advanced Micro's market value can be influenced by many factors that don't directly affect Advanced Micro'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 Advanced Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Micro'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.