| AMS Stock | | | USD 3.22 0.03 0.92% |
American Shared financial indicator trend analysis is way more than just evaluating American Shared Hospital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Shared Hospital is a good investment. Please check the relationship between American Shared Operating Income and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Shared Hospital. 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.
Operating Income vs Ebitda
Operating Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Shared Hospital Operating Income account and
Ebitda. At this time, the significance of the direction appears to have no relationship.
The correlation between American Shared's Operating Income and Ebitda is 0.01. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of American Shared Hospital, assuming nothing else is changed. The correlation between historical values of American Shared's Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of American Shared Hospital are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., American Shared's Operating Income and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.01 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from American Shared Hospital operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of American Shared Hospital is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Ebitda
Most indicators from American Shared's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Shared Hospital 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 American Shared Hospital. 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, American Shared's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.26 in 2024, whereas
Selling General Administrative is likely to drop slightly above 4
M in 2024.
American Shared fundamental ratios Correlations
Click cells to compare fundamentals
American Shared Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Shared fundamental ratios Accounts
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Additional Tools for American Stock Analysis
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measure American Shared'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 American Shared is operating at the current time. Most of American Shared's value examination focuses on studying past and present price action to
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