Ametek Total Liab vs Total Current Liabilities Analysis

AME Stock  USD 169.58  1.89  1.13%   
Ametek financial indicator trend analysis is way more than just evaluating Ametek Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ametek Inc is a good investment. Please check the relationship between Ametek Total Liab and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. 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.

Total Liab vs Total Current Liabilities

Total Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ametek Inc Total Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ametek's Total Liab and Total Current Liabilities is 0.92. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ametek Inc, assuming nothing else is changed. The correlation between historical values of Ametek's Total Liab and Total Current Liabilities 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 Ametek Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Liab i.e., Ametek's Total Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

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

Total Current Liabilities

Total Current Liabilities is an item on Ametek balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ametek Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Ametek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ametek Inc 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 Ametek Inc. 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, Ametek's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.1B6.6B6.9B
Total Revenue5.5B6.2B6.6B6.9B

Ametek fundamental ratios Correlations

0.94-0.550.930.990.990.910.990.251.0-0.840.250.96-0.830.910.960.76-0.770.980.850.970.740.990.890.680.53
0.94-0.540.870.890.910.950.920.340.93-0.770.340.94-0.90.950.870.73-0.830.980.760.950.710.930.90.510.63
-0.55-0.54-0.61-0.55-0.62-0.54-0.54-0.07-0.570.44-0.07-0.420.34-0.42-0.42-0.480.4-0.54-0.63-0.44-0.61-0.55-0.75-0.67-0.03
0.930.87-0.610.920.970.910.910.020.94-0.650.020.92-0.760.740.940.74-0.620.920.960.860.930.90.890.630.37
0.990.89-0.550.920.980.860.990.220.99-0.840.220.94-0.780.860.960.75-0.730.950.850.950.730.990.860.730.47
0.990.91-0.620.970.980.90.970.170.99-0.770.170.94-0.790.840.960.79-0.720.960.910.930.820.970.890.720.43
0.910.95-0.540.910.860.90.880.030.91-0.720.030.95-0.840.860.90.77-0.740.950.790.850.790.910.870.560.55
0.990.92-0.540.910.990.970.880.280.99-0.870.280.94-0.790.90.950.74-0.810.970.820.960.70.990.850.720.49
0.250.34-0.070.020.220.170.030.280.2-0.321.00.14-0.310.470.060.02-0.440.29-0.010.46-0.140.230.25-0.070.47
1.00.93-0.570.940.990.990.910.990.2-0.840.20.96-0.810.890.970.77-0.750.980.850.950.750.990.890.70.51
-0.84-0.770.44-0.65-0.84-0.77-0.72-0.87-0.32-0.84-0.32-0.80.65-0.84-0.76-0.580.82-0.81-0.51-0.8-0.35-0.89-0.69-0.68-0.49
0.250.34-0.070.020.220.170.030.281.00.2-0.320.14-0.310.470.060.02-0.440.29-0.010.46-0.140.240.25-0.070.47
0.960.94-0.420.920.940.940.950.940.140.96-0.80.14-0.870.910.970.75-0.740.970.790.930.730.960.850.550.62
-0.83-0.90.34-0.76-0.78-0.79-0.84-0.79-0.31-0.810.65-0.31-0.87-0.88-0.79-0.70.65-0.89-0.64-0.87-0.6-0.82-0.78-0.33-0.59
0.910.95-0.420.740.860.840.860.90.470.89-0.840.470.91-0.880.820.68-0.850.950.590.940.490.920.810.480.72
0.960.87-0.420.940.960.960.90.950.060.97-0.760.060.97-0.790.820.77-0.690.940.870.910.780.950.80.670.47
0.760.73-0.480.740.750.790.770.740.020.77-0.580.020.75-0.70.680.77-0.540.760.680.710.630.750.610.680.29
-0.77-0.830.4-0.62-0.73-0.72-0.74-0.81-0.44-0.750.82-0.44-0.740.65-0.85-0.69-0.54-0.8-0.5-0.8-0.4-0.79-0.64-0.55-0.45
0.980.98-0.540.920.950.960.950.970.290.98-0.810.290.97-0.890.950.940.76-0.80.810.970.730.980.910.590.61
0.850.76-0.630.960.850.910.790.82-0.010.85-0.51-0.010.79-0.640.590.870.68-0.50.810.770.950.790.830.640.2
0.970.95-0.440.860.950.930.850.960.460.95-0.80.460.93-0.870.940.910.71-0.80.970.770.650.950.840.540.61
0.740.71-0.610.930.730.820.790.7-0.140.75-0.35-0.140.73-0.60.490.780.63-0.40.730.950.650.680.80.480.18
0.990.93-0.550.90.990.970.910.990.230.99-0.890.240.96-0.820.920.950.75-0.790.980.790.950.680.870.690.55
0.890.9-0.750.890.860.890.870.850.250.89-0.690.250.85-0.780.810.80.61-0.640.910.830.840.80.870.50.5
0.680.51-0.670.630.730.720.560.72-0.070.7-0.68-0.070.55-0.330.480.670.68-0.550.590.640.540.480.690.5-0.05
0.530.63-0.030.370.470.430.550.490.470.51-0.490.470.62-0.590.720.470.29-0.450.610.20.610.180.550.5-0.05
Click cells to compare fundamentals

Ametek Account Relationship Matchups

Ametek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B10.4B11.9B12.4B15.0B15.8B
Short Long Term Debt Total2.8B2.4B2.5B2.4B3.3B3.5B
Other Current Liab(156.8M)(194.6M)(298.7M)483.3M(375.5M)(356.7M)
Total Current Liabilities1.4B1.1B1.6B1.6B2.9B3.0B
Total Stockholder Equity5.1B5.9B6.9B7.5B8.7B9.2B
Property Plant And Equipment Net728.6M693.8M787.1M805.9M1.1B1.2B
Net Debt2.4B1.2B2.2B2.0B2.9B3.0B
Retained Earnings6.4B7.1B7.9B8.9B9.9B10.4B
Cash393.0M1.2B346.8M345.4M409.8M211.8M
Non Current Assets Total7.8B7.8B9.8B9.9B12.2B12.8B
Non Currrent Assets Other(815.9M)(826.1M)(1.1B)(1.1B)(836.7M)(794.9M)
Cash And Short Term Investments393.0M1.2B346.8M345.4M409.8M214.8M
Net Receivables744.8M597.5M829.2M919.3M1.0B1.1B
Common Stock Shares Outstanding229.4M231.2M232.8M231.5M231.5M199.5M
Liabilities And Stockholders Equity9.8B10.4B11.9B12.4B15.0B15.8B
Non Current Liabilities Total3.3B3.3B3.5B3.4B3.4B3.6B
Inventory624.6M559.2M769.2M1.0B1.1B1.2B
Other Current Assets263.4M153.0M183.6M219.1M269.5M282.9M
Other Stockholder Equity(741.6M)(643.5M)(560.5M)(808.7M)(727.9M)(691.5M)
Total Liab4.7B4.4B5.0B5.0B6.3B6.6B
Property Plant And Equipment Gross548.9M693.8M787.1M805.9M2.2B2.3B
Total Current Assets2.0B2.5B2.1B2.5B2.8B3.0B
Accumulated Other Comprehensive Income(533.1M)(504.5M)(470.4M)(574.9M)(484.9M)(460.7M)
Short Term Debt497.4M132.3M315.1M226.1M1.4B1.5B
Intangible Assets3.0B2.9B3.7B3.7B4.2B4.4B
Accounts Payable928.4M943.6M1.2B497.1M1.5B1.5B
Current Deferred Revenue156.8M194.6M298.7M357.7M375.5M394.3M
Common Stock Total Equity2.7M2.7M2.7M2.7M3.1M1.8M
Common Stock2.7M2.7M2.7M2.7M2.7M1.8M
Other Liab889.3M1.1B1.2B1.1B1.3B1.3B
Other Assets271.4M459.9M364.3M372.6M428.5M449.9M
Long Term Debt2.3B2.3B2.2B2.2B1.9B1.4B
Good Will4.0B4.2B5.2B5.4B6.4B6.8B
Treasury Stock(1.6B)(1.6B)(1.6B)(1.9B)(1.7B)(1.6B)
Property Plant Equipment548.9M526.5M787.1M805.9M926.8M973.2M
Net Tangible Assets5.1B(899.3M)(2.1B)(1.2B)(1.4B)(1.4B)
Retained Earnings Total Equity6.4B7.1B7.9B8.9B10.2B10.7B
Long Term Debt Total2.3B2.3B2.2B2.2B2.5B1.9B
Capital Surpluse832.8M921.8M1.0B1.1B1.3B670.5M

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When determining whether Ametek Inc is a strong investment it is important to analyze Ametek'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 Ametek's future performance. For an informed investment choice regarding Ametek Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek Inc. 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.
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Is Ametek'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 Ametek. If investors know Ametek 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 Ametek 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
0.015
Dividend Share
1.03
Earnings Share
5.7
Revenue Per Share
29.19
Quarterly Revenue Growth
0.087
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek'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 Ametek's market value can be influenced by many factors that don't directly affect Ametek'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 Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek'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.