AMRX Stock | | | USD 8.27 0.08 0.96% |
Amneal Pharmaceuticals, financial indicator trend analysis is way more than just evaluating Amneal Pharmaceuticals, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amneal Pharmaceuticals, is a good investment. Please check the relationship between Amneal Pharmaceuticals, Depreciation and its Net Borrowings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amneal Pharmaceuticals, Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Depreciation vs Net Borrowings
Depreciation vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amneal Pharmaceuticals, Depreciation account and
Net Borrowings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Amneal Pharmaceuticals,'s Depreciation and Net Borrowings is -0.68. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Amneal Pharmaceuticals, Class, assuming nothing else is changed. The correlation between historical values of Amneal Pharmaceuticals,'s Depreciation and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Amneal Pharmaceuticals, Class are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Depreciation i.e., Amneal Pharmaceuticals,'s Depreciation and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of Amneal Pharmaceuticals, value has been used up. For tax purposes Amneal Pharmaceuticals, can deduct the cost of the tangible assets it purchases as business expenses. However, Amneal Pharmaceuticals, Class must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Amneal Pharmaceuticals,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amneal Pharmaceuticals, 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 Amneal Pharmaceuticals, Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Amneal Pharmaceuticals,'s
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 7.82 in 2024, whereas
Selling General Administrative is likely to drop slightly above 281.2
M in 2024.
Amneal Pharmaceuticals, fundamental ratios Correlations
Click cells to compare fundamentals
Amneal Pharmaceuticals, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amneal Pharmaceuticals, fundamental ratios Accounts
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Additional Tools for Amneal Stock Analysis
When running Amneal Pharmaceuticals,'s price analysis, check to
measure Amneal Pharmaceuticals,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amneal Pharmaceuticals, is operating at the current time. Most of Amneal Pharmaceuticals,'s value examination focuses on studying past and present price action to
predict the probability of Amneal Pharmaceuticals,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amneal Pharmaceuticals,'s price. Additionally, you may evaluate how the addition of Amneal Pharmaceuticals, to your portfolios can decrease your overall portfolio volatility.