AMN Roe vs Inventory Turnover 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 Roe and its Inventory Turnover 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.

Roe vs Inventory Turnover

Roe vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMN Healthcare Services Roe account and Inventory Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between AMN Healthcare's Roe and Inventory Turnover is -0.06. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Inventory Turnover 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 Roe and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of AMN Healthcare Services are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Roe i.e., AMN Healthcare's Roe and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Roe

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

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

Gross Profit Total Revenue

AMN Healthcare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Total Assets		0.94	0.93	0.95	0.87	0.89	0.94	0.73	0.91	0.93	0.84	0.66	0.98	0.92	0.45	0.94	0.66	0.95	0.98	0.69	0.17	0.95	0.87	-0.64	0.99	0.79
Short Long Term Debt Total	0.94		0.82	0.8	0.7	0.86	0.96	0.65	0.99	0.95	0.62	0.42	0.97	0.96	0.26	0.99	0.42	0.81	0.98	0.66	0.06	0.99	0.7	-0.78	0.96	0.93
Other Current Liab	0.93	0.82		0.94	0.76	0.76	0.83	0.61	0.83	0.87	0.86	0.71	0.89	0.78	0.29	0.87	0.72	0.92	0.91	0.56	0.06	0.88	0.9	-0.65	0.94	0.74
Total Current Liabilities	0.95	0.8	0.94		0.87	0.79	0.8	0.7	0.77	0.87	0.95	0.77	0.89	0.79	0.44	0.83	0.77	0.99	0.89	0.61	0.17	0.83	0.94	-0.56	0.93	0.65
Total Stockholder Equity	0.87	0.7	0.76	0.87		0.79	0.76	0.79	0.63	0.7	0.84	0.77	0.82	0.73	0.73	0.68	0.77	0.87	0.78	0.67	0.27	0.72	0.81	-0.28	0.81	0.43
Other Liab	0.89	0.86	0.76	0.79	0.79		0.87	0.52	0.84	0.76	0.66	0.45	0.91	0.89	0.47	0.84	0.45	0.79	0.87	0.84	0.47	0.88	0.69	-0.45	0.88	0.72
Property Plant And Equipment Net	0.94	0.96	0.83	0.8	0.76	0.87		0.68	0.95	0.9	0.63	0.5	0.97	0.94	0.38	0.95	0.5	0.79	0.96	0.67	0.12	0.97	0.68	-0.68	0.94	0.84
Current Deferred Revenue	0.73	0.65	0.61	0.7	0.79	0.52	0.68		0.58	0.66	0.61	0.64	0.71	0.67	0.56	0.63	0.64	0.71	0.7	0.25	-0.19	0.63	0.68	-0.36	0.69	0.43
Net Debt	0.91	0.99	0.83	0.77	0.63	0.84	0.95	0.58		0.94	0.59	0.35	0.96	0.92	0.18	0.99	0.35	0.77	0.97	0.62	0.0	0.99	0.67	-0.82	0.94	0.95
Retained Earnings	0.93	0.95	0.87	0.87	0.7	0.76	0.9	0.66	0.94		0.76	0.45	0.94	0.87	0.19	0.96	0.45	0.88	0.97	0.58	-0.07	0.95	0.74	-0.87	0.96	0.9
Accounts Payable	0.84	0.62	0.86	0.95	0.84	0.66	0.63	0.61	0.59	0.76		0.75	0.74	0.59	0.46	0.66	0.75	0.95	0.75	0.53	0.17	0.66	0.88	-0.45	0.81	0.46
Cash	0.66	0.42	0.71	0.77	0.77	0.45	0.5	0.64	0.35	0.45	0.75		0.55	0.5	0.57	0.44	1.0	0.73	0.52	0.33	0.17	0.46	0.83	-0.06	0.6	0.19
Non Current Assets Total	0.98	0.97	0.89	0.89	0.82	0.91	0.97	0.71	0.96	0.94	0.74	0.55		0.94	0.42	0.97	0.55	0.88	0.99	0.68	0.13	0.99	0.79	-0.69	0.99	0.84
Non Currrent Assets Other	0.92	0.96	0.78	0.79	0.73	0.89	0.94	0.67	0.92	0.87	0.59	0.5	0.94		0.31	0.93	0.5	0.8	0.93	0.72	0.21	0.94	0.69	-0.63	0.92	0.86
Other Assets	0.45	0.26	0.29	0.44	0.73	0.47	0.38	0.56	0.18	0.19	0.46	0.57	0.42	0.31		0.21	0.57	0.42	0.35	0.27	0.34	0.28	0.45	0.25	0.36	-0.11
Long Term Debt	0.94	0.99	0.87	0.83	0.68	0.84	0.95	0.63	0.99	0.96	0.66	0.44	0.97	0.93	0.21		0.44	0.83	0.99	0.63	0.01	1.0	0.74	-0.81	0.97	0.94
Cash And Short Term Investments	0.66	0.42	0.72	0.77	0.77	0.45	0.5	0.64	0.35	0.45	0.75	1.0	0.55	0.5	0.57	0.44		0.73	0.53	0.33	0.17	0.46	0.83	-0.06	0.6	0.19
Net Receivables	0.95	0.81	0.92	0.99	0.87	0.79	0.79	0.71	0.77	0.88	0.95	0.73	0.88	0.8	0.42	0.83	0.73		0.89	0.64	0.19	0.83	0.91	-0.57	0.93	0.66
Good Will	0.98	0.98	0.91	0.89	0.78	0.87	0.96	0.7	0.97	0.97	0.75	0.52	0.99	0.93	0.35	0.99	0.53	0.89		0.64	0.05	0.99	0.8	-0.75	0.99	0.88
Common Stock Total Equity	0.69	0.66	0.56	0.61	0.67	0.84	0.67	0.25	0.62	0.58	0.53	0.33	0.68	0.72	0.27	0.63	0.33	0.64	0.64		0.64	0.66	0.45	-0.33	0.67	0.58
Common Stock Shares Outstanding	0.17	0.06	0.06	0.17	0.27	0.47	0.12	-0.19	0.0	-0.07	0.17	0.17	0.13	0.21	0.34	0.01	0.17	0.19	0.05	0.64		0.08	0.06	0.36	0.12	-0.06
Non Current Liabilities Total	0.95	0.99	0.88	0.83	0.72	0.88	0.97	0.63	0.99	0.95	0.66	0.46	0.99	0.94	0.28	1.0	0.46	0.83	0.99	0.66	0.08		0.74	-0.76	0.98	0.91
Other Current Assets	0.87	0.7	0.9	0.94	0.81	0.69	0.68	0.68	0.67	0.74	0.88	0.83	0.79	0.69	0.45	0.74	0.83	0.91	0.8	0.45	0.06	0.74		-0.44	0.85	0.55
Other Stockholder Equity	-0.64	-0.78	-0.65	-0.56	-0.28	-0.45	-0.68	-0.36	-0.82	-0.87	-0.45	-0.06	-0.69	-0.63	0.25	-0.81	-0.06	-0.57	-0.75	-0.33	0.36	-0.76	-0.44		-0.72	-0.9
Total Liab	0.99	0.96	0.94	0.93	0.81	0.88	0.94	0.69	0.94	0.96	0.81	0.6	0.99	0.92	0.36	0.97	0.6	0.93	0.99	0.67	0.12	0.98	0.85	-0.72		0.85
Property Plant And Equipment Gross	0.79	0.93	0.74	0.65	0.43	0.72	0.84	0.43	0.95	0.9	0.46	0.19	0.84	0.86	-0.11	0.94	0.19	0.66	0.88	0.58	-0.06	0.91	0.55	-0.9	0.85

Click cells to compare fundamentals

AMN Healthcare Account Relationship Matchups

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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0.9	DOCS	Doximity	Pair Corr
0.85	OM	Outset Medical	Pair Corr
0.8	MD	Mednax Inc	Pair Corr
0.77	VREX	Varex Imaging Corp	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether AMN Healthcare Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AMN Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amn Healthcare Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amn Healthcare Services Stock:

How To Invest In AMN

Details

Is AMN Stock a good investment?

Details

What is AMN Healthcare's Net Worth?

Details

Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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.

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AMN Roe vs Inventory Turnover Analysis

Roe vs Inventory Turnover

Roe vs Inventory Turnover Correlation Analysis

Correlation Coefficient

Roe

Inventory Turnover

AMN Healthcare fundamental ratios Correlations

AMN Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AMN Healthcare fundamental ratios Accounts

Pair Trading with AMN Healthcare

Moving against AMN Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Long Term Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Property Plant And Equipment Gross	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.87	Retained Earnings
Other Stockholder Equity	- 0.82	Net Debt
Other Stockholder Equity	- 0.81	Long Term Debt
Other Stockholder Equity	- 0.78	Short Long Term Debt Total
Other Stockholder Equity	- 0.76	Non Current Liabilities Total