Ampco Reconciled Depreciation vs Selling General Administrative Analysis

AP Stock  USD 1.55  0.06  3.73%   
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 Reconciled Depreciation and its Selling General Administrative 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.

Reconciled Depreciation vs Selling General Administrative

Reconciled Depreciation vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ampco Pittsburgh Reconciled Depreciation account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ampco Pittsburgh's Reconciled Depreciation and Selling General Administrative is 0.23. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling General Administrative 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 Reconciled Depreciation and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Ampco Pittsburgh are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Reconciled Depreciation i.e., Ampco Pittsburgh's Reconciled Depreciation and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Selling General Administrative

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 05/17/2024, 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 Expense3.6M5.4M9.3M9.8M
Depreciation And Amortization17.9M17.4M17.7M11.7M

Ampco Pittsburgh fundamental ratios Correlations

-0.360.270.46-0.030.56-0.340.130.280.920.230.280.460.130.250.00.28-0.070.29-0.180.620.060.440.090.030.72
-0.360.450.31-0.610.010.97-0.75-0.85-0.310.16-0.850.410.50.40.74-0.270.540.490.73-0.280.260.40.490.47-0.3
0.270.450.68-0.130.570.45-0.16-0.420.120.23-0.420.540.09-0.090.760.110.470.10.020.430.670.390.070.01-0.21
0.460.310.68-0.540.840.44-0.5-0.570.550.82-0.570.730.330.210.540.00.560.450.090.040.710.810.280.290.25
-0.03-0.61-0.13-0.54-0.2-0.730.950.81-0.31-0.670.81-0.59-0.72-0.7-0.430.41-0.61-0.77-0.550.54-0.19-0.68-0.75-0.76-0.39
0.560.010.570.84-0.20.14-0.15-0.280.590.64-0.280.640.08-0.020.370.260.390.19-0.190.20.480.650.060.060.18
-0.340.970.450.44-0.730.14-0.84-0.95-0.220.36-0.950.510.550.40.77-0.280.660.520.69-0.390.320.520.550.55-0.24
0.13-0.75-0.16-0.50.95-0.15-0.840.87-0.13-0.610.87-0.52-0.73-0.69-0.480.43-0.59-0.77-0.70.57-0.18-0.68-0.76-0.78-0.22
0.28-0.85-0.42-0.570.81-0.28-0.950.870.09-0.571.0-0.59-0.57-0.37-0.730.27-0.74-0.52-0.570.5-0.37-0.62-0.58-0.60.14
0.92-0.310.120.55-0.310.59-0.22-0.130.090.460.090.480.250.44-0.080.130.030.49-0.110.270.080.560.240.210.86
0.230.160.230.82-0.670.640.36-0.61-0.570.46-0.570.580.420.240.28-0.170.550.430.09-0.350.480.780.380.450.35
0.28-0.85-0.42-0.570.81-0.28-0.950.871.00.09-0.57-0.59-0.57-0.37-0.730.27-0.74-0.52-0.570.5-0.37-0.62-0.58-0.60.14
0.460.410.540.73-0.590.640.51-0.52-0.590.480.58-0.590.570.290.71-0.010.650.420.270.190.220.820.520.480.26
0.130.50.090.33-0.720.080.55-0.73-0.570.250.42-0.570.570.470.55-0.430.670.490.78-0.17-0.160.710.970.970.29
0.250.4-0.090.21-0.7-0.020.4-0.69-0.370.440.24-0.370.290.470.01-0.05-0.050.960.59-0.26-0.160.470.50.480.68
0.00.740.760.54-0.430.370.77-0.48-0.73-0.080.28-0.730.710.550.01-0.160.810.150.450.140.350.550.510.47-0.31
0.28-0.270.110.00.410.26-0.280.430.270.13-0.170.27-0.01-0.43-0.05-0.16-0.47-0.03-0.240.42-0.04-0.07-0.46-0.460.08
-0.070.540.470.56-0.610.390.66-0.59-0.740.030.55-0.740.650.67-0.050.81-0.470.080.33-0.220.340.570.680.68-0.19
0.290.490.10.45-0.770.190.52-0.77-0.520.490.43-0.520.420.490.960.15-0.030.080.59-0.260.070.630.50.490.63
-0.180.730.020.09-0.55-0.190.69-0.7-0.57-0.110.09-0.570.270.780.590.45-0.240.330.59-0.23-0.190.490.720.720.04
0.62-0.280.430.040.540.2-0.390.570.50.27-0.350.50.19-0.17-0.260.140.42-0.22-0.26-0.23-0.01-0.03-0.26-0.330.07
0.060.260.670.71-0.190.480.32-0.18-0.370.080.48-0.370.22-0.16-0.160.35-0.040.340.07-0.19-0.010.24-0.2-0.19-0.19
0.440.40.390.81-0.680.650.52-0.68-0.620.560.78-0.620.820.710.470.55-0.070.570.630.49-0.030.240.640.660.4
0.090.490.070.28-0.750.060.55-0.76-0.580.240.38-0.580.520.970.50.51-0.460.680.50.72-0.26-0.20.640.990.29
0.030.470.010.29-0.760.060.55-0.78-0.60.210.45-0.60.480.970.480.47-0.460.680.490.72-0.33-0.190.660.990.28
0.72-0.3-0.210.25-0.390.18-0.24-0.220.140.860.350.140.260.290.68-0.310.08-0.190.630.040.07-0.190.40.290.28
Click cells to compare fundamentals

Ampco Pittsburgh Account Relationship Matchups

Ampco Pittsburgh fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets506.6M463.2M485.6M502.8M565.7M396.6M
Short Long Term Debt Total75.1M41.6M65.0M109.0M133.4M140.1M
Other Current Liab43.9M42.7M40.6M57.8M66.4M41.6M
Total Current Liabilities124.2M105.3M125.0M116.2M116.9M81.0M
Total Stockholder Equity48.9M76.6M82.6M104.3M60.9M112.0M
Property Plant And Equipment Net170.7M166.4M162.6M158.5M163.5M126.0M
Net Debt68.2M24.7M54.6M100.3M126.1M132.4M
Retained Earnings(51.3M)(43.4M)(56.1M)(32.3M)(73.0M)(69.3M)
Cash7.0M16.8M10.3M8.7M7.3M6.9M
Non Current Assets Total313.1M291.4M297.3M271.4M329.0M215.2M
Non Currrent Assets Other129.7M113.0M124.2M103.3M10.0M9.5M
Cash And Short Term Investments7.0M16.8M10.3M8.7M7.3M6.9M
Net Receivables97.8M76.4M84.8M93.5M99.3M65.2M
Common Stock Shares Outstanding12.6M14.6M19.0M19.4M19.6M12.0M
Liabilities And Stockholders Equity506.6M463.2M485.6M502.8M565.7M396.6M
Non Current Liabilities Total326.7M272.9M268.8M273.2M377.2M396.1M
Inventory82.3M73.2M88.2M121.7M124.7M70.6M
Other Current Assets6.4M5.4M4.9M7.4M5.4M9.6M
Other Stockholder Equity156.3M170.3M174.6M175.7M177.2M117.5M
Total Liab450.9M378.2M393.8M389.4M494.1M518.8M
Property Plant And Equipment Gross170.7M162.1M442.3M439.6M469.4M492.8M
Total Current Assets193.4M171.8M188.3M231.4M236.7M181.4M
Accumulated Other Comprehensive Income(68.7M)(68.7M)(55.1M)(58.4M)(63.0M)(66.1M)
Short Term Debt21.0M13.1M20.6M13.0M13.2M13.9M
Accounts Payable33.3M26.7M44.2M43.2M37.2M21.4M
Common Stock Total Equity12.7M18.3M19.2M19.4M22.3M12.7M
Common Stock12.7M18.3M19.2M19.4M19.7M13.1M
Other Liab278.8M272.6M244.4M224.5M258.1M187.9M
Other Assets128.5M122.1M126.3M11.2M12.9M12.3M
Long Term Debt50.5M24.8M40.9M93.1M116.4M122.2M
Property Plant Equipment166.4M166.4M158.6M155.0M178.2M142.3M
Current Deferred Revenue26.1M22.9M19.6M2.1M2.5M2.3M
Intangible Assets7.6M7.2M6.2M5.2M4.9M4.6M
Net Tangible Assets41.3M69.3M73.3M99.1M89.2M105.2M
Noncontrolling Interest In Consolidated Entity6.7M8.4M9.2M9.1M10.4M11.0M
Retained Earnings Total Equity(51.3M)(43.4M)(56.1M)(32.3M)(29.1M)(27.6M)
Capital Surpluse156.3M170.3M174.6M175.7M202.0M164.0M
Deferred Long Term Liab543K1.4M3.9M2.5M2.9M3.0M

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When determining whether Ampco Pittsburgh is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ampco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ampco Pittsburgh Stock. Highlighted below are key reports to facilitate an investment decision about Ampco Pittsburgh Stock:
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.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.