Ampco Operating Income vs Reconciled Depreciation Analysis
AP Stock | USD 1.51 0.04 2.58% |
Ampco Pittsburgh financial indicator trend analysis is way more than just evaluating Ampco Pittsburgh prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ampco Pittsburgh is a good investment. Please check the relationship between Ampco Pittsburgh Operating Income and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. 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. To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
Operating Income vs Reconciled Depreciation
Operating Income vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ampco Pittsburgh Operating Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ampco Pittsburgh's Operating Income and Reconciled Depreciation is -0.11. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Ampco Pittsburgh, assuming nothing else is changed. The correlation between historical values of Ampco Pittsburgh's Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ampco Pittsburgh are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., Ampco Pittsburgh's Operating Income and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Ampco Pittsburgh operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ampco Pittsburgh is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Reconciled Depreciation
Most indicators from Ampco Pittsburgh's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ampco Pittsburgh 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 Ampco Pittsburgh. 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. To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.As of 05/20/2024, Enterprise Value is likely to grow to about 170.1 M, while Selling General Administrative is likely to drop slightly above 42.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.6M | 5.4M | 9.3M | 9.8M | Depreciation And Amortization | 17.9M | 17.4M | 17.7M | 11.7M |
Ampco Pittsburgh fundamental ratios Correlations
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Ampco Pittsburgh Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ampco Pittsburgh fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 506.6M | 463.2M | 485.6M | 502.8M | 565.7M | 396.6M | |
Short Long Term Debt Total | 75.1M | 41.6M | 65.0M | 109.0M | 133.4M | 140.1M | |
Other Current Liab | 43.9M | 42.7M | 40.6M | 57.8M | 66.4M | 41.6M | |
Total Current Liabilities | 124.2M | 105.3M | 125.0M | 116.2M | 116.9M | 81.0M | |
Total Stockholder Equity | 48.9M | 76.6M | 82.6M | 104.3M | 60.9M | 112.0M | |
Property Plant And Equipment Net | 170.7M | 166.4M | 162.6M | 158.5M | 163.5M | 126.0M | |
Net Debt | 68.2M | 24.7M | 54.6M | 100.3M | 126.1M | 132.4M | |
Retained Earnings | (51.3M) | (43.4M) | (56.1M) | (32.3M) | (73.0M) | (69.3M) | |
Cash | 7.0M | 16.8M | 10.3M | 8.7M | 7.3M | 6.9M | |
Non Current Assets Total | 313.1M | 291.4M | 297.3M | 271.4M | 329.0M | 215.2M | |
Non Currrent Assets Other | 129.7M | 113.0M | 124.2M | 103.3M | 10.0M | 9.5M | |
Cash And Short Term Investments | 7.0M | 16.8M | 10.3M | 8.7M | 7.3M | 6.9M | |
Net Receivables | 97.8M | 76.4M | 84.8M | 93.5M | 99.3M | 65.2M | |
Common Stock Shares Outstanding | 12.6M | 14.6M | 19.0M | 19.4M | 19.6M | 12.0M | |
Liabilities And Stockholders Equity | 506.6M | 463.2M | 485.6M | 502.8M | 565.7M | 396.6M | |
Non Current Liabilities Total | 326.7M | 272.9M | 268.8M | 273.2M | 377.2M | 396.1M | |
Inventory | 82.3M | 73.2M | 88.2M | 121.7M | 124.7M | 70.6M | |
Other Current Assets | 6.4M | 5.4M | 4.9M | 7.4M | 5.4M | 9.6M | |
Other Stockholder Equity | 156.3M | 170.3M | 174.6M | 175.7M | 177.2M | 117.5M | |
Total Liab | 450.9M | 378.2M | 393.8M | 389.4M | 494.1M | 518.8M | |
Property Plant And Equipment Gross | 170.7M | 162.1M | 442.3M | 439.6M | 469.4M | 492.8M | |
Total Current Assets | 193.4M | 171.8M | 188.3M | 231.4M | 236.7M | 181.4M | |
Accumulated Other Comprehensive Income | (68.7M) | (68.7M) | (55.1M) | (58.4M) | (63.0M) | (66.1M) | |
Short Term Debt | 21.0M | 13.1M | 20.6M | 13.0M | 13.2M | 13.9M | |
Accounts Payable | 33.3M | 26.7M | 44.2M | 43.2M | 37.2M | 21.4M | |
Common Stock Total Equity | 12.7M | 18.3M | 19.2M | 19.4M | 22.3M | 12.7M | |
Common Stock | 12.7M | 18.3M | 19.2M | 19.4M | 19.7M | 13.1M | |
Other Liab | 278.8M | 272.6M | 244.4M | 224.5M | 258.1M | 187.9M | |
Other Assets | 128.5M | 122.1M | 126.3M | 11.2M | 12.9M | 12.3M | |
Long Term Debt | 50.5M | 24.8M | 40.9M | 93.1M | 116.4M | 122.2M | |
Property Plant Equipment | 166.4M | 166.4M | 158.6M | 155.0M | 178.2M | 142.3M | |
Current Deferred Revenue | 26.1M | 22.9M | 19.6M | 2.1M | 2.5M | 2.3M | |
Intangible Assets | 7.6M | 7.2M | 6.2M | 5.2M | 4.9M | 4.6M | |
Net Tangible Assets | 41.3M | 69.3M | 73.3M | 99.1M | 89.2M | 105.2M | |
Noncontrolling Interest In Consolidated Entity | 6.7M | 8.4M | 9.2M | 9.1M | 10.4M | 11.0M | |
Retained Earnings Total Equity | (51.3M) | (43.4M) | (56.1M) | (32.3M) | (29.1M) | (27.6M) | |
Capital Surpluse | 156.3M | 170.3M | 174.6M | 175.7M | 202.0M | 164.0M | |
Deferred Long Term Liab | 543K | 1.4M | 3.9M | 2.5M | 2.9M | 3.0M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. 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. To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Ampco Pittsburgh'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 Ampco Pittsburgh. If investors know Ampco 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 Ampco Pittsburgh 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 (0.31) | Earnings Share (2.21) | Revenue Per Share 21.715 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0107 |
The market value of Ampco Pittsburgh is measured differently than its book value, which is the value of Ampco that is recorded on the company's balance sheet. Investors also form their own opinion of Ampco Pittsburgh's value that differs from its market value or its book value, called intrinsic value, which is Ampco Pittsburgh'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 Ampco Pittsburgh's market value can be influenced by many factors that don't directly affect Ampco Pittsburgh'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 Ampco Pittsburgh's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ampco Pittsburgh is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ampco Pittsburgh'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.