Amalgamated Net Tangible Assets vs Other Assets Analysis
AMAL Stock | USD 34.94 0.07 0.20% |
Amalgamated Bank financial indicator trend analysis is way more than just evaluating Amalgamated Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amalgamated Bank is a good investment. Please check the relationship between Amalgamated Bank Net Tangible Assets and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amalgamated Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Amalgamated Stock please use our How to buy in Amalgamated Stock guide.
Net Tangible Assets vs Other Assets
Net Tangible Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amalgamated Bank Net Tangible Assets account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Amalgamated Bank's Net Tangible Assets and Other Assets is -0.72. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Amalgamated Bank, assuming nothing else is changed. The correlation between historical values of Amalgamated Bank's Net Tangible Assets and Other 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 Net Tangible Assets of Amalgamated Bank are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Tangible Assets i.e., Amalgamated Bank's Net Tangible Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.72 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Other Assets
Most indicators from Amalgamated Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amalgamated Bank 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 Amalgamated Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Amalgamated Stock please use our How to buy in Amalgamated Stock guide.At this time, Amalgamated Bank's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.56 this year, although the value of Selling General Administrative will most likely fall to about 76.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 180.5M | 258.5M | 340.6M | 200.7M | Net Interest Income | 174.3M | 239.8M | 261.3M | 174.0M |
Amalgamated Bank fundamental ratios Correlations
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Amalgamated Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amalgamated Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 32.2M | 31.2M | 31.5M | 31.2M | 30.8M | 25.2M | |
Total Assets | 5.3B | 6.0B | 7.1B | 7.8B | 8.0B | 6.5B | |
Total Current Liabilities | 3.5B | 4.7B | 5.8B | 6.0B | (245.7M) | (233.4M) | |
Total Stockholder Equity | 490.4M | 535.7M | 563.7M | 508.8M | 585.2M | 523.6M | |
Other Liab | 56.4M | 50.9M | 25.8M | 40.6M | 36.6M | 38.1M | |
Net Tangible Assets | 470.7M | 517.4M | 546.7M | 492.8M | 566.7M | 489.9M | |
Property Plant And Equipment Net | 65.1M | 49.1M | 44.9M | 38.1M | 28.9M | 40.6M | |
Retained Earnings | 181.1M | 217.2M | 260.0M | 330.3M | 388.0M | 235.3M | |
Accounts Payable | 4.6B | 5.3B | 6.4B | 6.6B | 7.6B | 4.8B | |
Cash | 122.5M | 38.8M | 330.5M | 63.5M | 2.9M | 2.7M | |
Non Currrent Assets Other | (31.4M) | (36.1M) | (26.7M) | (62.5M) | 7.8B | 8.2B | |
Other Assets | 2.4B | 2.3B | 1.6B | 2.5B | (365.2M) | (346.9M) | |
Long Term Debt | 16.6M | 75M | 85M | 77.7M | 304.9M | 159.1M | |
Common Stock Total Equity | 315K | 310K | 311K | 307K | 276.3K | 262.5K | |
Short Term Investments | 1.2B | 1.5B | 2.1B | 1.8B | 87.3M | 82.9M | |
Liabilities And Stockholders Equity | 5.3B | 6.0B | 7.1B | 7.8B | 8.0B | 6.5B | |
Non Current Liabilities Total | 137.4M | 53.2M | 133.2M | 7.3B | 1.2B | 1.3B | |
Capital Surpluse | 305.7M | 301.0M | 298.0M | 286.9M | 330.0M | 308.1M | |
Inventory | (142.4M) | (240.6M) | (609.1M) | (142.8M) | (4.5B) | (4.2B) | |
Other Current Assets | 142.4M | 240.6M | 609.1M | 142.8M | 196.1M | 355.0M | |
Other Stockholder Equity | 305.7M | 301.0M | 298.0M | 286.9M | 282.9M | 309.8M | |
Total Liab | 137.4M | 53.2M | 133.2M | 7.3B | 7.4B | 7.8B | |
Long Term Investments | 1.5B | 2.0B | 3.0B | 16.2M | 3.2B | 1.8B | |
Property Plant And Equipment Gross | 65.1M | 49.1M | 44.9M | 63.7M | 56.8M | 48.0M | |
Total Current Assets | 1.4B | 1.6B | 2.5B | 1.9B | 286.2M | 271.9M | |
Accumulated Other Comprehensive Income | 3.2M | 17.2M | 5.4M | (108.7M) | (86.0M) | (81.7M) | |
Short Term Debt | 85.7M | 9.8M | 11.0M | 11.3M | 245.7M | 258.0M | |
Common Stock | 315K | 310K | 311K | 307K | 276.3K | 262.5K | |
Property Plant Equipment | 65.1M | 49.1M | 44.9M | 9.9M | 11.3M | 10.8M | |
Short Long Term Debt Total | 137.4M | 53.2M | 133.2M | 698.5M | 335.6M | 252.5M | |
Net Debt | 14.9M | 14.4M | (197.3M) | 634.9M | 245.0M | 158.7M | |
Non Current Assets Total | 1.6B | 2.1B | 3.0B | 3.4B | 8.1B | 8.5B | |
Cash And Short Term Investments | 1.3B | 1.6B | 2.4B | 1.9B | 90.2M | 85.7M | |
Net Receivables | 19.1M | 24.0M | 28.8M | 41.4M | 55.5M | 30.5M | |
Net Invested Capital | 532.1M | 565.4M | 648.7M | 1.2B | 890.2M | 832.8M | |
Capital Stock | 315K | 310K | 311K | 307K | 276.3K | 249.1K |
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Is Regional Banks 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 Amalgamated Bank. If investors know Amalgamated 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 Amalgamated Bank 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 0.233 | Dividend Share 0.44 | Earnings Share 3.39 | Revenue Per Share 9.928 | Quarterly Revenue Growth 0.156 |
The market value of Amalgamated Bank is measured differently than its book value, which is the value of Amalgamated that is recorded on the company's balance sheet. Investors also form their own opinion of Amalgamated Bank's value that differs from its market value or its book value, called intrinsic value, which is Amalgamated Bank'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 Amalgamated Bank's market value can be influenced by many factors that don't directly affect Amalgamated Bank'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 Amalgamated Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amalgamated Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amalgamated Bank'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.