Amcor Interest Income from 2010 to 2024

AMCR Stock  USD 9.44  0.02  0.21%   
Amcor PLC Interest Income yearly trend continues to be relatively stable with very little volatility. Interest Income is likely to grow to about 39 M this year. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
M
Current Value
11 M
Quarterly Volatility
9.1 M
 
Covid
Check Amcor PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amcor PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 616.4 M, Interest Expense of 365.4 M or Total Revenue of 9.4 B, as well as many indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0549 or PTB Ratio of 3.38. Amcor financial statements analysis is a perfect complement when working with Amcor PLC Valuation or Volatility modules.
  
Check out the analysis of Amcor PLC Correlation against competitors.
To learn how to invest in Amcor Stock, please use our How to Invest in Amcor PLC guide.

Latest Amcor PLC's Interest Income Growth Pattern

Below is the plot of the Interest Income of Amcor PLC over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Amcor PLC's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Amcor PLC's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Amcor Interest Income Regression Statistics

Arithmetic Mean77,570,458
Geometric Mean47,626,730
Coefficient Of Variation89.18
Mean Deviation65,050,300
Median38,000,000
Standard Deviation69,179,994
Sample Variance4785.9T
Range146.9M
R-Value(0.80)
Mean Square Error1884.6T
R-Squared0.63
Significance0.0004
Slope(12,320,527)
Total Sum of Squares67002.2T

Amcor Interest Income History

202439 M
202338 M
202231 M
202124 M
202014 M
201922.2 M
201816.8 M

Other Fundumenentals of Amcor PLC

Amcor PLC Interest Income component correlations

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0.850.710.980.510.820.950.85-0.37-0.470.50.670.860.740.260.860.830.85-0.190.530.820.680.430.81-0.66
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0.660.710.750.160.460.80.680.54-0.5-0.640.460.240.430.810.110.760.760.85-0.20.380.870.870.86-0.49
0.310.420.530.010.210.50.430.23-0.43-0.390.120.010.260.450.140.450.460.57-0.250.20.580.870.57-0.42
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Click cells to compare fundamentals

About Amcor PLC Financial Statements

Amcor PLC shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although Amcor PLC investors may analyze each financial statement separately, they are all interrelated. The changes in Amcor PLC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Amcor PLC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Income38 M39 M
Net Interest Income-310 M-325.5 M

Pair Trading with Amcor PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amcor PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amcor PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amcor Stock

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Moving against Amcor Stock

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The ability to find closely correlated positions to Amcor PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amcor PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amcor PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amcor PLC to buy it.
The correlation of Amcor PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amcor PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amcor PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amcor PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Amcor Stock Analysis

When running Amcor PLC's price analysis, check to measure Amcor PLC'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 Amcor PLC is operating at the current time. Most of Amcor PLC's value examination focuses on studying past and present price action to predict the probability of Amcor PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amcor PLC's price. Additionally, you may evaluate how the addition of Amcor PLC to your portfolios can decrease your overall portfolio volatility.