Amphastar Short Term Investments vs Other Stockholder Equity Analysis

AMPH Stock  USD 45.21  0.99  2.24%   
Amphastar financial indicator trend analysis is way more than just evaluating Amphastar P prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amphastar P is a good investment. Please check the relationship between Amphastar Short Term Investments and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amphastar P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Short Term Investments vs Other Stockholder Equity

Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amphastar P Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Amphastar's Short Term Investments and Other Stockholder Equity is 0.25. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Amphastar P, assuming nothing else is changed. The correlation between historical values of Amphastar's Short Term Investments and Other Stockholder Equity 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 Investments of Amphastar P are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Investments i.e., Amphastar's Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Amphastar balance sheet. It contains any investments Amphastar P undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Amphastar P can easily liquidate in the marketplace.

Other Stockholder Equity

Most indicators from Amphastar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amphastar P 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 Amphastar P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
As of now, Amphastar's Tax Provision is increasing as compared to previous years. The Amphastar's current Enterprise Value Over EBITDA is estimated to increase to 21.26, while Selling General Administrative is projected to decrease to under 46.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense885K1.8M27.2M28.5M
Depreciation And Amortization26.8M28.7M41.8M43.9M

Amphastar fundamental ratios Correlations

0.420.270.360.370.660.540.72-0.170.180.380.240.620.40.560.790.270.460.480.830.70.270.290.670.550.83
0.420.970.960.980.780.860.680.120.930.970.120.670.990.910.620.960.980.720.310.740.980.980.620.540.43
0.270.970.960.960.640.730.510.150.990.930.030.520.980.830.451.00.920.610.170.611.01.00.450.360.23
0.360.960.960.960.70.780.580.040.930.920.00.610.970.840.570.960.940.670.290.690.960.960.460.430.37
0.370.980.960.960.720.830.660.060.930.930.20.610.990.860.570.960.950.70.270.680.970.970.560.470.4
0.660.780.640.70.720.870.920.060.550.810.130.940.730.860.90.630.830.930.470.960.660.670.820.840.61
0.540.860.730.780.830.870.890.070.630.880.180.860.810.90.750.710.90.870.350.840.740.750.750.810.62
0.720.680.510.580.660.920.89-0.050.410.670.350.860.640.760.90.490.720.850.570.880.530.530.870.840.78
-0.170.120.150.040.060.060.07-0.050.150.2-0.440.080.090.02-0.180.140.140.03-0.28-0.060.160.150.28-0.04-0.27
0.180.930.990.930.930.550.630.410.150.870.020.390.950.740.350.990.850.520.110.520.980.980.360.250.14
0.380.970.930.920.930.810.880.670.20.870.020.750.950.940.60.920.990.770.210.760.940.940.630.640.36
0.240.120.030.00.20.130.180.35-0.440.020.020.080.120.180.250.020.080.110.240.140.050.030.280.110.38
0.620.670.520.610.610.940.860.860.080.390.750.080.60.830.830.50.790.910.420.910.530.540.760.850.59
0.40.990.980.970.990.730.810.640.090.950.950.120.60.880.590.980.950.670.30.710.990.990.570.470.4
0.560.910.830.840.860.860.90.760.020.740.940.180.830.880.740.820.950.780.410.870.830.850.70.690.57
0.790.620.450.570.570.90.750.9-0.180.350.60.250.830.590.740.450.670.760.680.910.470.480.780.780.83
0.270.961.00.960.960.630.710.490.140.990.920.020.50.980.820.450.910.590.190.611.01.00.440.340.23
0.460.980.920.940.950.830.90.720.140.850.990.080.790.950.950.670.910.790.320.80.930.930.660.640.46
0.480.720.610.670.70.930.870.850.030.520.770.110.910.670.780.760.590.790.210.880.630.630.630.810.42
0.830.310.170.290.270.470.350.57-0.280.110.210.240.420.30.410.680.190.320.210.520.170.20.590.370.88
0.70.740.610.690.680.960.840.88-0.060.520.760.140.910.710.870.910.610.80.880.520.620.640.740.760.67
0.270.981.00.960.970.660.740.530.160.980.940.050.530.990.830.471.00.930.630.170.621.00.480.40.25
0.290.981.00.960.970.670.750.530.150.980.940.030.540.990.850.481.00.930.630.20.641.00.480.390.26
0.670.620.450.460.560.820.750.870.280.360.630.280.760.570.70.780.440.660.630.590.740.480.480.740.72
0.550.540.360.430.470.840.810.84-0.040.250.640.110.850.470.690.780.340.640.810.370.760.40.390.740.6
0.830.430.230.370.40.610.620.78-0.270.140.360.380.590.40.570.830.230.460.420.880.670.250.260.720.6
Click cells to compare fundamentals

Amphastar Account Relationship Matchups

Amphastar fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding49.9M49.1M49.8M52.4M53.0M42.9M
Total Assets587.0M631.2M671.5M742.0M1.5B1.6B
Short Long Term Debt Total66.6M67.3M104.7M102.6M623.6M654.8M
Other Current Liab2.0M67.8M64.3M60.7M190.1M199.6M
Total Current Liabilities90.0M112.2M103.8M94.9M225.4M236.7M
Total Stockholder Equity381.4M402.3M445.5M528.7M639.4M408.7M
Other Liab13.7M18.7M22.7M21.9M25.2M26.5M
Property Plant And Equipment Net253.5M280.7M271.5M264.6M315.6M223.6M
Net Debt(7.1M)(25.4M)(21.7M)(53.5M)479.3M503.3M
Retained Earnings116.4M117.8M180.3M271.7M409.3M429.7M
Accounts Payable77.1M24.4M22.2M20.5M25.4M32.3M
Cash73.7M92.6M126.4M156.1M144.3M96.7M
Non Current Assets Total331.7M351.6M353.4M363.7M1.0B1.1B
Non Currrent Assets Other11.2M5.3M16.7M20.9M25.9M27.2M
Other Assets37.0M50.9M39.1M59.4M68.3M35.9M
Long Term Debt39.4M34.2M74.8M72.8M589.6M619.1M
Cash And Short Term Investments85.4M105.6M136.7M175.8M256.8M269.6M
Net Receivables45.7M66.0M78.8M88.8M114.9M58.4M
Good Will3.6M3.9M3.3M3.1M3.2M3.5M
Short Term Investments11.7M13.0M10.3M19.7M112.5M118.1M
Liabilities And Stockholders Equity587.0M631.2M671.5M742.0M1.5B1.6B
Non Current Liabilities Total69.4M70.3M122.2M118.5M648.1M680.5M
Inventory110.5M96.8M92.8M103.6M105.8M91.3M
Other Current Assets9.5M11.2M9.8M17.7M12.0M8.8M
Other Stockholder Equity269.7M288.2M271.9M265.6M238.6M269.2M
Total Liab159.4M182.5M226.0M213.3M873.5M917.2M
Property Plant And Equipment Gross233.9M280.7M271.5M264.6M560.9M589.0M
Total Current Assets255.2M279.7M318.1M378.3M489.6M277.4M
Accumulated Other Comprehensive Income(4.7M)(3.7M)(6.8M)(8.6M)(8.5M)(8.9M)
Short Term Debt10.9M19.0M8.2M9.1M8.2M9.9M
Intangible Assets37.5M36.7M35.6M34.2M610.1M640.6M
Property Plant Equipment233.9M260.1M244.2M238.3M274.0M203.0M
Net Tangible Assets340.2M361.7M406.7M491.4M565.1M361.3M
Retained Earnings Total Equity116.4M117.8M180.3M271.7M312.5M328.1M
Long Term Debt Total39.4M34.2M74.8M72.8M83.8M48.0M
Capital Surpluse367.3M410.1M422.4M455.1M523.3M374.6M

Currently Active Assets on Macroaxis

When determining whether Amphastar P offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphastar'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 Amphastar P Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphastar P Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amphastar P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Pharmaceuticals 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 Amphastar. If investors know Amphastar 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 Amphastar 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
(0.14)
Earnings Share
3.01
Revenue Per Share
14.942
Quarterly Revenue Growth
0.059
Return On Assets
0.0867
The market value of Amphastar P is measured differently than its book value, which is the value of Amphastar that is recorded on the company's balance sheet. Investors also form their own opinion of Amphastar's value that differs from its market value or its book value, called intrinsic value, which is Amphastar'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 Amphastar's market value can be influenced by many factors that don't directly affect Amphastar'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 Amphastar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amphastar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amphastar'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.