Amphastar Property Plant Equipment vs Total Assets Analysis

AMPH Stock  USD 41.98  1.28  2.96%   
Amphastar financial indicator trend analysis is way more than just evaluating Amphastar P prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amphastar P is a good investment. Please check the relationship between Amphastar Property Plant Equipment and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amphastar P. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amphastar P Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Amphastar's Property Plant Equipment and Total Assets is 0.64. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets in the same time period over historical financial statements of Amphastar P, assuming nothing else is changed. The correlation between historical values of Amphastar's Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Amphastar P are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Amphastar's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Amphastar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amphastar P books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Amphastar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amphastar P 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 Amphastar P. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
As of now, Amphastar's Tax Provision is increasing as compared to previous years. The Amphastar's current Enterprise Value Over EBITDA is estimated to increase to 15.06, while Selling General Administrative is projected to decrease to under 46.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense885K1.8M29.2M30.6M
Depreciation And Amortization26.8M28.7M41.8M21.5M

Amphastar fundamental ratios Correlations

0.420.270.210.370.660.540.72-0.170.180.380.460.620.40.560.790.270.460.480.830.70.270.290.670.550.83
0.420.970.880.980.780.860.680.120.930.970.250.670.990.910.620.960.980.720.310.740.980.980.620.560.43
0.270.970.950.960.640.730.510.150.990.930.030.520.980.830.451.00.920.610.170.611.01.00.450.440.23
0.210.880.950.890.490.530.32-0.030.960.8-0.150.340.910.710.360.960.80.430.190.490.930.940.250.310.16
0.370.980.960.890.720.830.660.060.930.930.280.610.990.860.570.960.950.70.270.680.970.970.560.530.4
0.660.780.640.490.720.870.920.060.550.810.470.940.730.860.90.630.830.930.470.960.660.670.820.730.61
0.540.860.730.530.830.870.890.070.630.880.640.860.810.90.750.710.90.870.350.840.740.750.750.70.62
0.720.680.510.320.660.920.89-0.050.410.670.730.860.640.760.90.490.720.850.570.880.530.530.870.80.78
-0.170.120.15-0.030.060.060.07-0.050.150.2-0.130.080.090.02-0.180.140.140.03-0.28-0.060.160.150.28-0.29-0.27
0.180.930.990.960.930.550.630.410.150.87-0.070.390.950.740.350.990.860.520.110.520.980.980.360.380.14
0.380.970.930.80.930.810.880.670.20.870.260.750.950.940.60.920.990.770.210.760.940.940.630.550.36
0.460.250.03-0.150.280.470.640.73-0.13-0.070.260.580.180.390.550.010.320.510.350.460.060.060.590.450.68
0.620.670.520.340.610.940.860.860.080.390.750.580.60.830.830.50.780.910.420.910.530.540.760.580.59
0.40.990.980.910.990.730.810.640.090.950.950.180.60.880.590.980.960.670.30.710.990.990.570.540.4
0.560.910.830.710.860.860.90.760.020.740.940.390.830.880.740.820.950.780.410.870.830.850.70.640.57
0.790.620.450.360.570.90.750.9-0.180.350.60.550.830.590.740.450.670.760.680.910.470.480.780.70.83
0.270.961.00.960.960.630.710.490.140.990.920.010.50.980.820.450.920.590.190.611.01.00.440.430.23
0.460.980.920.80.950.830.90.720.140.860.990.320.780.960.950.670.920.780.320.80.930.940.660.550.46
0.480.720.610.430.70.930.870.850.030.520.770.510.910.670.780.760.590.780.210.880.620.630.630.650.42
0.830.310.170.190.270.470.350.57-0.280.110.210.350.420.30.410.680.190.320.210.520.170.20.590.450.88
0.70.740.610.490.680.960.840.88-0.060.520.760.460.910.710.870.910.610.80.880.520.620.640.740.70.67
0.270.981.00.930.970.660.740.530.160.980.940.060.530.990.830.471.00.930.620.170.621.00.480.460.24
0.290.981.00.940.970.670.750.530.150.980.940.060.540.990.850.481.00.940.630.20.641.00.480.460.26
0.670.620.450.250.560.820.750.870.280.360.630.590.760.570.70.780.440.660.630.590.740.480.480.660.72
0.550.560.440.310.530.730.70.8-0.290.380.550.450.580.540.640.70.430.550.650.450.70.460.460.660.6
0.830.430.230.160.40.610.620.78-0.270.140.360.680.590.40.570.830.230.460.420.880.670.240.260.720.6
Click cells to compare fundamentals

Amphastar Account Relationship Matchups

Amphastar fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding49.9M49.1M49.8M52.4M53.0M42.9M
Total Assets587.0M631.2M671.5M742.0M1.5B1.6B
Short Long Term Debt Total66.6M67.3M104.7M102.6M623.6M654.8M
Other Current Liab2.0M1.1M9.1M4.6M194.0M203.7M
Total Current Liabilities90.0M112.2M103.8M94.9M225.4M236.7M
Total Stockholder Equity381.4M402.3M445.5M528.7M639.4M408.7M
Other Liab13.7M18.7M22.7M21.9M25.2M26.5M
Property Plant And Equipment Net253.5M280.7M271.5M264.6M315.6M223.6M
Net Debt(7.1M)(25.4M)(21.7M)(53.5M)479.1M503.1M
Retained Earnings116.4M117.8M180.3M271.7M409.3M429.7M
Accounts Payable77.1M95.5M89.5M84.2M25.4M50.8M
Cash73.7M92.6M126.4M156.1M144.5M96.7M
Non Current Assets Total331.7M351.6M353.4M363.7M1.0B1.1B
Non Currrent Assets Other11.2M5.3M16.7M20.9M25.9M27.2M
Other Assets37.0M50.9M39.1M59.4M68.3M35.9M
Long Term Debt39.4M34.2M74.8M72.8M589.6M619.1M
Cash And Short Term Investments85.4M105.6M136.7M175.8M259.2M272.2M
Net Receivables45.7M66.4M78.9M89.0M114.9M58.5M
Good Will3.6M3.9M3.3M3.1M3.2M3.5M
Short Term Investments11.7M13.0M10.3M19.7M114.7M120.4M
Liabilities And Stockholders Equity587.0M631.2M671.5M742.0M1.5B1.6B
Non Current Liabilities Total69.4M70.3M122.2M118.5M648.1M680.5M
Inventory110.5M96.8M92.8M103.6M105.8M91.3M
Other Current Assets9.5M6.8M7.3M7.6M9.6M7.0M
Other Stockholder Equity269.7M288.2M271.9M265.6M238.6M269.2M
Total Liab159.4M182.5M226.0M213.3M873.5M917.2M
Property Plant And Equipment Gross233.9M280.7M271.5M264.6M560.9M589.0M
Total Current Assets255.2M279.7M318.1M378.3M489.6M277.4M
Accumulated Other Comprehensive Income(4.7M)(3.7M)(6.8M)(8.6M)(8.5M)(8.9M)
Short Term Debt10.9M15.6M5.2M6.0M4.3M4.1M
Intangible Assets37.5M36.7M35.6M34.2M610.1M640.6M
Property Plant Equipment233.9M260.1M244.2M238.3M274.0M203.0M
Net Tangible Assets340.2M361.7M406.7M491.4M565.1M361.3M
Retained Earnings Total Equity116.4M117.8M180.3M271.7M312.5M328.1M
Long Term Debt Total39.4M34.2M74.8M72.8M83.8M48.0M
Capital Surpluse367.3M410.1M422.4M455.1M523.3M374.6M

Currently Active Assets on Macroaxis

When determining whether Amphastar P offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphastar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amphastar P Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphastar P Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amphastar P. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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Is Amphastar'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 Amphastar. If investors know Amphastar 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 Amphastar 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
0.62
Earnings Share
2.91
Revenue Per Share
13.995
Quarterly Revenue Growth
0.227
Return On Assets
0.1126
The market value of Amphastar P is measured differently than its book value, which is the value of Amphastar that is recorded on the company's balance sheet. Investors also form their own opinion of Amphastar's value that differs from its market value or its book value, called intrinsic value, which is Amphastar'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 Amphastar's market value can be influenced by many factors that don't directly affect Amphastar'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 Amphastar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amphastar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amphastar'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.