Antero Gross Profit vs Operating Income Analysis

AM Stock

USD 15.75 0.12 0.76%

Antero Midstream financial indicator trend analysis is way more than just evaluating Antero Midstream Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Antero Midstream Partners is a good investment. Please check the relationship between Antero Midstream Gross Profit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antero Midstream Partners Gross Profit account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Antero Midstream's Gross Profit and Operating Income is 0.88. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Antero Midstream Partners, assuming nothing else is changed. The correlation between historical values of Antero Midstream's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Antero Midstream Partners are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Antero Midstream's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Antero Midstream Partners minus its cost of goods sold. It is profit before Antero Midstream operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Antero Midstream Partners 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 Antero Midstream Partners 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.

Most indicators from Antero Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antero Midstream Partners 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 Antero Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

As of the 28th of November 2024, Tax Provision is likely to grow to about 136.6 M, while Selling General Administrative is likely to drop about 43.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	149.9M	608.0M	899.1M	944.1M
Cost Of Revenue	84.3M	382.7M	213.3M	211.8M

Gross Profit Cost Of Revenue

Antero Midstream fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Long Term Debt	Total Liab	Property Plant Equipment	Other Assets	Other Liab	Net Tangible Assets	Retained Earnings	Cash	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Non Current Liabilities Total	Long Term Investments
Total Assets		0.77	0.82	0.93	0.55	0.85	0.99	0.7	0.28	0.1	0.09	-0.19	-0.53	0.74	0.96	0.89	0.75	0.6	-0.22	0.06	-0.51	0.96	0.97	-0.35	0.96	0.96
Other Current Liab	0.77		0.99	0.87	0.34	0.54	0.7	0.48	0.15	-0.11	0.21	-0.41	-0.31	0.68	0.72	0.83	0.81	0.44	-0.03	-0.08	-0.3	0.73	0.79	-0.26	0.72	0.76
Total Current Liabilities	0.82	0.99		0.91	0.45	0.57	0.75	0.5	0.17	-0.12	0.24	-0.39	-0.32	0.71	0.77	0.84	0.84	0.45	-0.02	-0.09	-0.3	0.78	0.84	-0.3	0.77	0.81
Total Stockholder Equity	0.93	0.87	0.91		0.62	0.69	0.88	0.64	0.34	-0.04	0.22	-0.34	-0.4	0.74	0.92	0.9	0.85	0.54	-0.08	0.08	-0.38	0.92	0.94	-0.37	0.91	0.93
Accounts Payable	0.55	0.34	0.45	0.62		0.32	0.53	0.34	0.21	-0.22	0.14	-0.12	-0.23	0.37	0.62	0.46	0.5	0.24	-0.04	0.02	-0.21	0.63	0.6	-0.48	0.61	0.58
Long Term Debt	0.85	0.54	0.57	0.69	0.32		0.88	0.89	0.2	0.28	-0.33	-0.26	-0.79	0.77	0.84	0.66	0.37	0.84	-0.59	0.06	-0.78	0.84	0.83	-0.1	0.84	0.84
Total Liab	0.99	0.7	0.75	0.88	0.53	0.88		0.73	0.26	0.17	0.02	-0.13	-0.58	0.72	0.97	0.87	0.68	0.64	-0.29	0.06	-0.56	0.97	0.96	-0.33	0.97	0.95
Property Plant Equipment	0.7	0.48	0.5	0.64	0.34	0.89	0.73		0.19	0.45	-0.53	-0.3	-0.9	0.61	0.76	0.6	0.19	0.97	-0.75	0.17	-0.89	0.76	0.76	0.14	0.77	0.78
Other Assets	0.28	0.15	0.17	0.34	0.21	0.2	0.26	0.19		-0.2	0.04	-0.67	-0.18	0.27	0.35	0.37	0.36	0.23	-0.07	0.9	-0.17	0.33	0.33	-0.06	0.32	0.36
Other Liab	0.1	-0.11	-0.12	-0.04	-0.22	0.28	0.17	0.45	-0.2		-0.52	0.41	-0.49	-0.23	0.14	0.11	-0.34	0.5	-0.53	0.1	-0.5	0.15	0.12	0.66	0.17	0.13
Net Tangible Assets	0.09	0.21	0.24	0.22	0.14	-0.33	0.02	-0.53	0.04	-0.52		0.13	0.79	0.16	0.04	0.17	0.64	-0.61	0.95	-0.24	0.8	0.04	0.04	-0.64	0.04	0.03
Retained Earnings	-0.19	-0.41	-0.39	-0.34	-0.12	-0.26	-0.13	-0.3	-0.67	0.41	0.13		0.28	-0.52	-0.25	-0.22	-0.31	-0.37	0.2	-0.5	0.28	-0.23	-0.28	-0.04	-0.21	-0.3
Cash	-0.53	-0.31	-0.32	-0.4	-0.23	-0.79	-0.58	-0.9	-0.18	-0.49	0.79	0.28		-0.35	-0.58	-0.43	0.06	-0.92	0.94	-0.27	1.0	-0.58	-0.58	-0.32	-0.58	-0.59
Net Receivables	0.74	0.68	0.71	0.74	0.37	0.77	0.72	0.61	0.27	-0.23	0.16	-0.52	-0.35		0.74	0.61	0.66	0.53	-0.09	-0.09	-0.33	0.74	0.76	-0.42	0.74	0.76
Common Stock Shares Outstanding	0.96	0.72	0.77	0.92	0.62	0.84	0.97	0.76	0.35	0.14	0.04	-0.25	-0.58	0.74		0.89	0.72	0.69	-0.27	0.14	-0.56	1.0	0.99	-0.31	1.0	1.0
Other Current Assets	0.89	0.83	0.84	0.9	0.46	0.66	0.87	0.6	0.37	0.11	0.17	-0.22	-0.43	0.61	0.89		0.79	0.55	-0.12	0.19	-0.41	0.9	0.92	-0.35	0.9	0.91
Other Stockholder Equity	0.75	0.81	0.84	0.85	0.5	0.37	0.68	0.19	0.36	-0.34	0.64	-0.31	0.06	0.66	0.72	0.79		0.11	0.39	0.02	0.08	0.73	0.75	-0.58	0.72	0.73
Short Long Term Debt	0.6	0.44	0.45	0.54	0.24	0.84	0.64	0.97	0.23	0.5	-0.61	-0.37	-0.92	0.53	0.69	0.55	0.11		-0.81	0.26	-0.92	0.69	0.69	0.27	0.69	0.71
Total Current Assets	-0.22	-0.03	-0.02	-0.08	-0.04	-0.59	-0.29	-0.75	-0.07	-0.53	0.95	0.2	0.94	-0.09	-0.27	-0.12	0.39	-0.81		-0.26	0.95	-0.27	-0.27	-0.51	-0.27	-0.29
Short Term Debt	0.06	-0.08	-0.09	0.08	0.02	0.06	0.06	0.17	0.9	0.1	-0.24	-0.5	-0.27	-0.09	0.14	0.19	0.02	0.26	-0.26		-0.27	0.12	0.11	0.27	0.11	0.15
Common Stock	-0.51	-0.3	-0.3	-0.38	-0.21	-0.78	-0.56	-0.89	-0.17	-0.5	0.8	0.28	1.0	-0.33	-0.56	-0.41	0.08	-0.92	0.95	-0.27		-0.56	-0.56	-0.35	-0.56	-0.57
Net Debt	0.96	0.73	0.78	0.92	0.63	0.84	0.97	0.76	0.33	0.15	0.04	-0.23	-0.58	0.74	1.0	0.9	0.73	0.69	-0.27	0.12	-0.56		0.99	-0.31	1.0	0.99
Non Current Assets Total	0.97	0.79	0.84	0.94	0.6	0.83	0.96	0.76	0.33	0.12	0.04	-0.28	-0.58	0.76	0.99	0.92	0.75	0.69	-0.27	0.11	-0.56	0.99		-0.3	0.99	1.0
Cash And Short Term Investments	-0.35	-0.26	-0.3	-0.37	-0.48	-0.1	-0.33	0.14	-0.06	0.66	-0.64	-0.04	-0.32	-0.42	-0.31	-0.35	-0.58	0.27	-0.51	0.27	-0.35	-0.31	-0.3		-0.31	-0.29
Non Current Liabilities Total	0.96	0.72	0.77	0.91	0.61	0.84	0.97	0.77	0.32	0.17	0.04	-0.21	-0.58	0.74	1.0	0.9	0.72	0.69	-0.27	0.11	-0.56	1.0	0.99	-0.31		0.99
Long Term Investments	0.96	0.76	0.81	0.93	0.58	0.84	0.95	0.78	0.36	0.13	0.03	-0.3	-0.59	0.76	1.0	0.91	0.73	0.71	-0.29	0.15	-0.57	0.99	1.0	-0.29	0.99

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Antero Midstream Account Relationship Matchups

Antero Midstream fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	5.6B	5.5B	5.8B	5.7B	6.0B
Other Current Liab	232.3M	80.6M	85.0M	73.6M	92.0M	64.4M
Total Current Liabilities	242.1M	94.0M	114.0M	102.1M	96.4M	74.3M
Total Stockholder Equity	3.1B	2.4B	2.3B	2.2B	2.2B	1.3B
Accounts Payable	9.8M	13.4M	23.6M	22.9M	4.5M	4.2M
Total Liab	3.1B	3.2B	3.3B	3.6B	3.6B	3.8B
Other Assets	117.7M	2.3B	12.7M	12.0M	(118.1M)	(112.2M)
Net Tangible Assets	1.1B	990.8M	929.9M	906.2M	1.0B	681.4M
Cash	1.2M	640K	0.0	66K	59.4K	56.4K
Common Stock Shares Outstanding	442.6M	478.3M	479.7M	480.3M	482.4M	362.5M
Other Current Assets	1.7M	1.5M	920K	1.3M	1.5M	986.3K
Other Stockholder Equity	3.5B	2.9B	2.4B	2.1B	2.0B	1.6B
Total Current Assets	108.6M	93.9M	83.8M	89.0M	91.1M	60.2M
Common Stock	4.8M	4.8M	4.8M	4.8M	4.8M	4.6M
Net Debt	2.9B	3.1B	3.1B	3.4B	3.2B	1.9B
Non Current Assets Total	6.2B	5.5B	5.5B	5.7B	5.6B	3.5B
Cash And Short Term Investments	1.2M	640K	0.0	66K	59.4K	56.4K
Liabilities And Stockholders Equity	6.3B	5.6B	5.5B	5.8B	5.9B	3.6B
Non Current Liabilities Total	2.9B	3.1B	3.1B	3.5B	3.5B	2.0B
Long Term Investments	709.6M	722.5M	696.0M	652.8M	750.7M	392.8M
Non Currrent Assets Other	14.5M	9.6M	(1.1M)	(119.2M)	10.9M	11.4M
Long Term Debt Total	2.9B	3.1B	3.1B	3.4B	3.9B	2.0B
Net Invested Capital	6.0B	5.5B	5.4B	5.6B	6.4B	4.1B
Net Working Capital	(133.5M)	(74K)	(30.2M)	(13.1M)	(15.0M)	(15.8M)

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Is Oil & Gas Storage & Transportation space 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 Antero Midstream. If investors know Antero 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 Antero Midstream 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

0.035

Dividend Share

0.9

Earnings Share

0.8

Revenue Per Share

2.392

Quarterly Revenue Growth

0.021

The market value of Antero Midstream Partners is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream'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 Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream'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 Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Antero Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream'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.

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Antero Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Antero Midstream fundamental ratios Correlations

Antero Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Antero Midstream fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Cash
Net Debt	+ 1.0	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 1.0	Common Stock Shares Outstanding
Long Term Investments	+ 1.0	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 1.0	Net Debt
Long Term Investments	+ 1.0	Non Current Assets Total

Common Stock	- 0.92	Short Long Term Debt
Short Long Term Debt	- 0.92	Cash
Cash	- 0.9	Property Plant Equipment
Common Stock	- 0.89	Property Plant Equipment
Total Current Assets	- 0.81	Short Long Term Debt
Cash	- 0.79	Long Term Debt