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, Gross Profit and its Total Operating Expenses 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.
Gross Profit vs Total Operating Expenses
Gross Profit vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amneal Pharmaceuticals, Gross Profit account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Amneal Pharmaceuticals,'s Gross Profit and Total Operating Expenses is 0.78. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses 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 Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Amneal Pharmaceuticals, Class are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Amneal Pharmaceuticals,'s Gross Profit and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Amneal Pharmaceuticals, Class minus its cost of goods sold. It is profit before Amneal Pharmaceuticals, operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 769.0M | 784.7M | 820.6M | 675.9M | Total Revenue | 2.1B | 2.2B | 2.4B | 1.7B |
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.