AMN Change To Liabilities vs Cash Flows Other Operating Analysis
AMN Stock | USD 27.60 1.57 6.03% |
AMN Healthcare financial indicator trend analysis is way more than just evaluating AMN Healthcare Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMN Healthcare Services is a good investment. Please check the relationship between AMN Healthcare Change To Liabilities and its Cash Flows Other Operating accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMN Healthcare Services. 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.
Change To Liabilities vs Cash Flows Other Operating
Change To Liabilities vs Cash Flows Other Operating Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMN Healthcare Services Change To Liabilities account and Cash Flows Other Operating. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AMN Healthcare's Change To Liabilities and Cash Flows Other Operating is -0.65. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Cash Flows Other Operating in the same time period over historical financial statements of AMN Healthcare Services, assuming nothing else is changed. The correlation between historical values of AMN Healthcare's Change To Liabilities and Cash Flows Other Operating is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of AMN Healthcare Services are associated (or correlated) with its Cash Flows Other Operating. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flows Other Operating has no effect on the direction of Change To Liabilities i.e., AMN Healthcare's Change To Liabilities and Cash Flows Other Operating go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Change To Liabilities
Cash Flows Other Operating
Most indicators from AMN Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMN Healthcare Services 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 AMN Healthcare Services. 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. At this time, AMN Healthcare's Selling General Administrative is very stable compared to the past year. As of the 3rd of December 2024, Discontinued Operations is likely to grow to about 993.8 K, while Sales General And Administrative To Revenue is likely to drop 0.16.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.7B | 1.2B | 1.3B | Total Revenue | 4.0B | 5.2B | 3.8B | 4.0B |
AMN Healthcare fundamental ratios Correlations
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AMN Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AMN Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.4B | 3.1B | 2.9B | 2.9B | 3.1B | |
Short Long Term Debt Total | 722.3M | 955.5M | 867.1M | 861.0M | 1.4B | 1.4B | |
Other Current Liab | 249.8M | 269.7M | 570.5M | 456.6M | 459.7M | 482.7M | |
Total Current Liabilities | 378.1M | 423.0M | 969.4M | 857.9M | 656.1M | 688.9M | |
Total Stockholder Equity | 736.7M | 819.7M | 1.2B | 1.0B | 831.3M | 439.7M | |
Other Liab | 108.4M | 175.1M | 144.8M | 133.9M | 154.0M | 161.7M | |
Property Plant And Equipment Net | 194.7M | 193.9M | 154.9M | 165.5M | 225.9M | 237.2M | |
Current Deferred Revenue | 11.8M | 11.0M | 16.0M | 11.8M | 11.3M | 10.0M | |
Net Debt | 639.3M | 926.3M | 686.1M | 796.4M | 1.3B | 1.4B | |
Retained Earnings | 400.0M | 469.6M | 796.9M | 1.2B | 1.5B | 1.5B | |
Accounts Payable | 102.5M | 107.5M | 339.0M | 373.3M | 177.1M | 186.0M | |
Cash | 83.0M | 29.2M | 180.9M | 64.5M | 32.9M | 28.7M | |
Non Current Assets Total | 1.4B | 1.8B | 1.8B | 1.8B | 2.1B | 2.2B | |
Non Currrent Assets Other | 182.4M | 196.5M | 221.2M | 133.0M | 271.1M | 284.7M | |
Other Assets | 182.4M | 274.2M | 221.2M | 217.0M | 1.0 | 0.95 | |
Long Term Debt | 617.2M | 858.0M | 842.3M | 843.5M | 1.3B | 1.4B | |
Cash And Short Term Investments | 83.0M | 29.2M | 180.9M | 64.5M | 32.9M | 29.4M | |
Net Receivables | 425.4M | 450.1M | 1.0B | 953.3M | 746.5M | 783.9M | |
Good Will | 595.6M | 864.5M | 892.3M | 935.4M | 1.1B | 1.2B | |
Common Stock Total Equity | 493K | 496K | 498K | 501K | 576.2K | 495.4K | |
Common Stock Shares Outstanding | 47.6M | 47.7M | 48.0M | 44.9M | 39.3M | 45.2M | |
Liabilities And Stockholders Equity | 1.9B | 2.4B | 3.1B | 2.9B | 2.9B | 3.1B | |
Non Current Liabilities Total | 816.8M | 1.1B | 1.0B | 986.8M | 1.4B | 1.5B | |
Other Current Assets | 16.1M | 54.4M | 139.3M | 75.9M | 62.2M | 65.3M | |
Other Stockholder Equity | 336.1M | 349.6M | 364.9M | (196.9M) | (620.5M) | (589.5M) | |
Total Liab | 1.2B | 1.5B | 2.0B | 1.8B | 2.1B | 2.2B | |
Property Plant And Equipment Gross | 104.8M | 193.9M | 154.9M | 165.5M | 511.0M | 536.6M | |
Total Current Assets | 560.5M | 533.7M | 1.3B | 1.1B | 841.7M | 883.8M | |
Accumulated Other Comprehensive Income | 152K | 40K | (295K) | (939K) | (423K) | (444.2K) | |
Short Term Debt | 13.9M | 34.8M | 22.8M | 16.2M | 8.0M | 7.6M | |
Intangible Assets | 398.5M | 564.9M | 514.5M | 476.8M | 474.1M | 259.1M | |
Common Stock | 493K | 496K | 498K | 501K | 504K | 497.9K | |
Property Plant Equipment | 104.8M | 116.2M | 154.9M | 149.3M | 171.7M | 180.3M | |
Short Term Investments | 62.2M | 61.3M | 64.5M | 61.2M | 68.8M | 45.7M | |
Inventory | 36.0M | 38.8M | 101.7M | 1.0 | 1.15 | 1.09 | |
Treasury Stock | (33.4M) | (100.4M) | (119.1M) | (121.8M) | (140.1M) | (147.1M) | |
Net Tangible Assets | (257.3M) | (609.7M) | (244.8M) | (368.6M) | (331.7M) | (315.1M) | |
Retained Earnings Total Equity | 400.0M | 469.6M | 796.9M | 1.2B | 1.4B | 1.5B | |
Long Term Debt Total | 617.2M | 858.0M | 842.3M | 843.5M | 970.0M | 1.0B | |
Capital Surpluse | 455.2M | 468.7M | 486.7M | 501.7M | 576.9M | 494.8M |
Pair Trading with AMN Healthcare
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 AMN Healthcare 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 AMN Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against AMN Stock
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The ability to find closely correlated positions to AMN Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMN Healthcare 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 AMN Healthcare - 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 AMN Healthcare Services to buy it.
The correlation of AMN Healthcare 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 AMN Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMN Healthcare Services 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 AMN Healthcare 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMN Healthcare Services. 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. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Health Care Providers & Services 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 AMN Healthcare. If investors know AMN 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 AMN Healthcare 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 (0.87) | Earnings Share 1.43 | Revenue Per Share 80.434 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0315 |
The market value of AMN Healthcare Services is measured differently than its book value, which is the value of AMN that is recorded on the company's balance sheet. Investors also form their own opinion of AMN Healthcare's value that differs from its market value or its book value, called intrinsic value, which is AMN Healthcare'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 AMN Healthcare's market value can be influenced by many factors that don't directly affect AMN Healthcare'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 AMN Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMN Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMN Healthcare'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.