AMP Short Term Debt vs Non Current Assets Total Analysis

AMP Stock   1.56  0.02  1.30%   
AMP financial indicator trend analysis is way more than just evaluating AMP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMP is a good investment. Please check the relationship between AMP Short Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Debt vs Non Current Assets Total

Short Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMP Short Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between AMP's Short Term Debt and Non Current Assets Total is -0.31. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of AMP, assuming nothing else is changed. The correlation between historical values of AMP's Short Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of AMP are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Debt i.e., AMP's Short Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from AMP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMP 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 AMP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, AMP's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 472.1 M in 2024, despite the fact that Tax Provision is likely to grow to (84.5 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.3B1.4B2.2B2.1B
Total Revenue1.6B1.5B3.0B2.8B

AMP fundamental ratios Correlations

-0.240.74-0.640.51-0.83-0.08-0.120.61-0.770.06-0.47-0.28-0.05-0.33-0.47-0.22-0.110.84-0.41-0.310.16-0.25-0.2-0.08-0.39
-0.24-0.450.69-0.510.46-0.1-0.62-0.620.380.730.730.05-0.240.850.730.960.75-0.090.15-0.270.5-0.51.0-0.10.38
0.74-0.45-0.610.5-0.83-0.290.040.88-0.680.11-0.57-0.210.05-0.59-0.57-0.48-0.490.71-0.32-0.490.32-0.06-0.42-0.3-0.39
-0.640.69-0.61-0.840.510.09-0.33-0.530.610.380.450.13-0.010.60.450.620.55-0.290.360.040.17-0.340.680.090.21
0.51-0.510.5-0.84-0.440.090.570.36-0.7-0.2-0.120.390.44-0.64-0.12-0.44-0.580.210.15-0.04-0.020.42-0.50.090.27
-0.830.46-0.830.51-0.440.01-0.13-0.840.750.050.650.11-0.260.60.650.490.3-0.840.160.3-0.150.140.410.010.42
-0.08-0.1-0.290.090.090.010.4-0.220.2-0.52-0.020.390.47-0.16-0.02-0.030.170.050.390.82-0.65-0.18-0.11.00.17
-0.12-0.620.04-0.330.57-0.130.40.11-0.24-0.56-0.070.680.78-0.68-0.07-0.6-0.58-0.190.590.44-0.430.59-0.630.40.39
0.61-0.620.88-0.530.36-0.84-0.220.11-0.6-0.06-0.8-0.260.09-0.72-0.8-0.66-0.590.54-0.29-0.380.18-0.01-0.59-0.23-0.58
-0.770.38-0.680.61-0.70.750.2-0.24-0.6-0.10.29-0.13-0.310.60.290.320.5-0.540.00.38-0.26-0.190.350.20.02
0.060.730.110.38-0.20.05-0.52-0.56-0.06-0.10.450.03-0.140.420.450.670.240.110.09-0.790.92-0.340.75-0.520.26
-0.470.73-0.570.45-0.120.65-0.02-0.07-0.80.290.450.480.110.651.00.740.47-0.430.48-0.030.25-0.060.71-0.010.85
-0.280.05-0.210.130.390.110.390.68-0.26-0.130.030.480.9-0.230.480.03-0.18-0.240.960.180.030.340.040.390.85
-0.05-0.240.05-0.010.44-0.260.470.780.09-0.31-0.140.110.9-0.50.11-0.28-0.310.040.880.21-0.080.27-0.230.470.56
-0.330.85-0.590.6-0.640.6-0.16-0.68-0.720.60.420.65-0.23-0.50.650.810.88-0.21-0.13-0.070.19-0.470.84-0.150.18
-0.470.73-0.570.45-0.120.65-0.02-0.07-0.80.290.451.00.480.110.650.740.47-0.430.48-0.030.25-0.060.71-0.010.85
-0.220.96-0.480.62-0.440.49-0.03-0.6-0.660.320.670.740.03-0.280.810.740.7-0.120.1-0.180.42-0.460.96-0.020.4
-0.110.75-0.490.55-0.580.30.17-0.58-0.590.50.240.47-0.18-0.310.880.470.70.1-0.080.130.0-0.690.750.180.09
0.84-0.090.71-0.290.21-0.840.05-0.190.54-0.540.11-0.43-0.240.04-0.21-0.43-0.120.1-0.29-0.250.18-0.44-0.040.04-0.39
-0.410.15-0.320.360.150.160.390.59-0.290.00.090.480.960.88-0.130.480.1-0.08-0.290.170.050.230.140.40.78
-0.31-0.27-0.490.04-0.040.30.820.44-0.380.38-0.79-0.030.180.21-0.07-0.03-0.180.13-0.250.17-0.930.03-0.290.820.07
0.160.50.320.17-0.02-0.15-0.65-0.430.18-0.260.920.250.03-0.080.190.250.420.00.180.05-0.93-0.10.53-0.650.16
-0.25-0.5-0.06-0.340.420.14-0.180.59-0.01-0.19-0.34-0.060.340.27-0.47-0.06-0.46-0.69-0.440.230.03-0.1-0.52-0.180.23
-0.21.0-0.420.68-0.50.41-0.1-0.63-0.590.350.750.710.04-0.230.840.710.960.75-0.040.14-0.290.53-0.52-0.10.37
-0.08-0.1-0.30.090.090.011.00.4-0.230.2-0.52-0.010.390.47-0.15-0.01-0.020.180.040.40.82-0.65-0.18-0.10.17
-0.390.38-0.390.210.270.420.170.39-0.580.020.260.850.850.560.180.850.40.09-0.390.780.070.160.230.370.17
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AMP Account Relationship Matchups

AMP fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding3.1B3.5B3.3B3.3B2.9B2.7B
Total Assets147.7B32.2B32.2B34.9B33.9B32.2B
Short Long Term Debt Total23.1B25.1B26.3B29.5B28.9B15.5B
Other Current Liab170M(20.9B)(21.6B)(24.1B)(139M)(132.1M)
Total Current Liabilities18.5B21.0B22.0B24.3B1.0B983.3M
Total Stockholder Equity4.9B4.3B4.0B4.2B3.9B5.3B
Property Plant And Equipment Net343M264M169M422M346M328.7M
Current Deferred Revenue(47M)70M67M57M23M24.2M
Net Debt18.7B22.7B23.3B27.7B27.5B28.9B
Retained Earnings(6.1B)(6.2B)(6.5B)(1.1B)(1.0B)(977.6M)
Accounts Payable2.5B203M172M110M116M110.2M
Cash4.4B2.4B2.9B1.8B1.4B1.4B
Non Current Assets Total140.1B28.8B27.8B31.9B26.7B27.5B
Non Currrent Assets Other91.1B4.6B3.0B5.0B24.7B26.0B
Other Assets25.4B22.0B23.9B1.3B5.2B5.0B
Cash And Short Term Investments4.4B2.4B2.9B1.8B1.4B1.4B
Net Receivables2.6B651M572M428M334M317.3M
Good Will172M157M149M70M88M83.6M
Common Stock Total Equity9.4B9.5B10.3B10.3B11.9B7.3B
Liabilities And Stockholders Equity147.7B32.2B32.2B34.9B33.9B32.2B
Non Current Liabilities Total124.2B6.9B6.2B6.4B29.0B49.2B
Inventory(7.0B)(3.1B)(3.5B)(2.2B)(1.8B)(1.9B)
Other Current Assets7.6B233M1.1B1.4B406M385.7M
Other Stockholder Equity(2.7B)(103M)2.6B(6M)(5.4M)(5.1M)
Total Liab142.7B27.9B28.2B30.8B30.0B28.5B
Property Plant And Equipment Gross343M264M169M422M329M337.3M
Total Current Assets7.6B3.4B4.4B3.1B2.0B1.9B
Accumulated Other Comprehensive Income635M636M162M239M297M251.0M
Short Term Debt15.9B20.6B21.4B23.9B26.5B27.8B
Common Stock10.4B10.4B10.2B5.0B4.7B7.3B
Intangible Assets654M401M207M106M38M36.1M
Other Liab116.3B1.9B1.0B533M613.0M582.3M
Long Term Debt7.0B2.3B4.7B5.0B28.4B29.8B
Property Plant Equipment343M264M169M422M379.8M341.4M
Treasury Stock(171M)(108M)(103M)(6M)(6.9M)(7.2M)
Net Tangible Assets4.5B4.0B3.8B4.1B3.7B3.8B
Deferred Long Term Liab223M239M127M92M82.8M78.7M
Long Term Investments114.0B6.2B4.4B771M803M762.9M
Short Long Term Debt3.2B3.6B6.5B3.7B3.4B6.0B

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