Ampco Revenue Per Share vs Current Deferred Revenue Analysis

AP Stock

USD 2.09 0.05 2.34%

Ampco Pittsburgh financial indicator trend analysis is way more than just evaluating Ampco Pittsburgh prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ampco Pittsburgh is a good investment. Please check the relationship between Ampco Pittsburgh Revenue Per Share and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ampco Pittsburgh. 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.

To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.

Revenue Per Share vs Current Deferred Revenue

Revenue Per Share vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ampco Pittsburgh Revenue Per Share account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ampco Pittsburgh's Revenue Per Share and Current Deferred Revenue is -0.06. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Ampco Pittsburgh, assuming nothing else is changed. The correlation between historical values of Ampco Pittsburgh's Revenue Per Share and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Ampco Pittsburgh are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Revenue Per Share i.e., Ampco Pittsburgh's Revenue Per Share and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Ampco Pittsburgh's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ampco Pittsburgh 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 Ampco Pittsburgh. 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.

To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.As of 12/12/2024, Enterprise Value is likely to grow to about 170.1 M, while Selling General Administrative is likely to drop slightly above 42.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	3.6M	5.4M	9.3M	9.8M
Depreciation And Amortization	17.9M	17.4M	17.7M	11.7M

Interest Expense Depreciation And Amortization

Ampco Pittsburgh fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		-0.36	0.13	0.46	-0.03	0.56	-0.34	0.13	0.28	0.92	0.04	0.28	0.46	0.13	0.25	0.0	0.28	-0.07	0.29	-0.18	0.62	0.06	0.44	0.09	0.03	0.72
Short Long Term Debt Total	-0.36		0.43	0.31	-0.61	0.01	0.97	-0.75	-0.85	-0.31	0.7	-0.85	0.41	0.5	0.4	0.74	-0.27	0.54	0.49	0.73	-0.28	0.27	0.4	0.49	0.47	-0.3
Other Current Liab	0.13	0.43		0.74	-0.37	0.58	0.53	-0.4	-0.6	0.13	0.39	-0.6	0.53	0.33	-0.08	0.74	-0.11	0.72	0.12	0.11	0.05	0.66	0.53	0.36	0.35	-0.18
Total Current Liabilities	0.46	0.31	0.74		-0.54	0.84	0.44	-0.5	-0.57	0.55	0.6	-0.57	0.73	0.33	0.21	0.54	0.0	0.56	0.45	0.09	0.04	0.73	0.81	0.28	0.29	0.25
Total Stockholder Equity	-0.03	-0.61	-0.37	-0.54		-0.2	-0.73	0.95	0.81	-0.31	-0.9	0.81	-0.59	-0.72	-0.7	-0.43	0.41	-0.61	-0.77	-0.55	0.54	-0.21	-0.68	-0.75	-0.76	-0.39
Property Plant And Equipment Net	0.56	0.01	0.58	0.84	-0.2		0.14	-0.15	-0.28	0.59	0.3	-0.28	0.64	0.08	-0.02	0.37	0.26	0.39	0.19	-0.19	0.2	0.48	0.65	0.06	0.06	0.18
Net Debt	-0.34	0.97	0.53	0.44	-0.73	0.14		-0.84	-0.95	-0.22	0.78	-0.95	0.51	0.55	0.4	0.77	-0.28	0.66	0.52	0.69	-0.39	0.34	0.52	0.55	0.55	-0.24
Retained Earnings	0.13	-0.75	-0.4	-0.5	0.95	-0.15	-0.84		0.87	-0.13	-0.96	0.87	-0.52	-0.73	-0.69	-0.48	0.43	-0.59	-0.77	-0.7	0.57	-0.2	-0.68	-0.76	-0.78	-0.22
Cash	0.28	-0.85	-0.6	-0.57	0.81	-0.28	-0.95	0.87		0.09	-0.8	1.0	-0.59	-0.57	-0.37	-0.73	0.27	-0.74	-0.52	-0.57	0.5	-0.39	-0.62	-0.58	-0.6	0.14
Non Current Assets Total	0.92	-0.31	0.13	0.55	-0.31	0.59	-0.22	-0.13	0.09		0.28	0.09	0.48	0.25	0.44	-0.08	0.13	0.03	0.49	-0.11	0.27	0.09	0.56	0.24	0.21	0.86
Non Currrent Assets Other	0.04	0.7	0.39	0.6	-0.9	0.3	0.78	-0.96	-0.8	0.28		-0.8	0.53	0.64	0.78	0.41	-0.26	0.46	0.88	0.67	-0.46	0.26	0.73	0.66	0.67	0.33
Cash And Short Term Investments	0.28	-0.85	-0.6	-0.57	0.81	-0.28	-0.95	0.87	1.0	0.09	-0.8		-0.59	-0.57	-0.37	-0.73	0.27	-0.74	-0.52	-0.57	0.5	-0.39	-0.62	-0.58	-0.6	0.14
Net Receivables	0.46	0.41	0.53	0.73	-0.59	0.64	0.51	-0.52	-0.59	0.48	0.53	-0.59		0.57	0.29	0.71	-0.01	0.65	0.42	0.27	0.19	0.24	0.82	0.52	0.48	0.26
Common Stock Shares Outstanding	0.13	0.5	0.33	0.33	-0.72	0.08	0.55	-0.73	-0.57	0.25	0.64	-0.57	0.57		0.47	0.55	-0.43	0.67	0.49	0.78	-0.17	-0.13	0.71	0.97	0.97	0.29
Non Current Liabilities Total	0.25	0.4	-0.08	0.21	-0.7	-0.02	0.4	-0.69	-0.37	0.44	0.78	-0.37	0.29	0.47		0.01	-0.05	-0.05	0.96	0.59	-0.26	-0.15	0.47	0.5	0.48	0.68
Inventory	0.0	0.74	0.74	0.54	-0.43	0.37	0.77	-0.48	-0.73	-0.08	0.41	-0.73	0.71	0.55	0.01		-0.16	0.81	0.15	0.45	0.14	0.37	0.55	0.51	0.47	-0.31
Other Current Assets	0.28	-0.27	-0.11	0.0	0.41	0.26	-0.28	0.43	0.27	0.13	-0.26	0.27	-0.01	-0.43	-0.05	-0.16		-0.47	-0.03	-0.24	0.42	-0.06	-0.07	-0.46	-0.46	0.08
Other Stockholder Equity	-0.07	0.54	0.72	0.56	-0.61	0.39	0.66	-0.59	-0.74	0.03	0.46	-0.74	0.65	0.67	-0.05	0.81	-0.47		0.08	0.33	-0.22	0.37	0.57	0.68	0.68	-0.19
Total Liab	0.29	0.49	0.12	0.45	-0.77	0.19	0.52	-0.77	-0.52	0.49	0.88	-0.52	0.42	0.49	0.96	0.15	-0.03	0.08		0.59	-0.26	0.08	0.62	0.5	0.49	0.63
Property Plant And Equipment Gross	-0.18	0.73	0.11	0.09	-0.55	-0.19	0.69	-0.7	-0.57	-0.11	0.67	-0.57	0.27	0.78	0.59	0.45	-0.24	0.33	0.59		-0.23	-0.17	0.49	0.72	0.72	0.04
Total Current Assets	0.62	-0.28	0.05	0.04	0.54	0.2	-0.39	0.57	0.5	0.27	-0.46	0.5	0.19	-0.17	-0.26	0.14	0.42	-0.22	-0.26	-0.23		-0.02	-0.03	-0.26	-0.33	0.07
Short Term Debt	0.06	0.27	0.66	0.73	-0.21	0.48	0.34	-0.2	-0.39	0.09	0.26	-0.39	0.24	-0.13	-0.15	0.37	-0.06	0.37	0.08	-0.17	-0.02		0.26	-0.16	-0.16	-0.18
Accounts Payable	0.44	0.4	0.53	0.81	-0.68	0.65	0.52	-0.68	-0.62	0.56	0.73	-0.62	0.82	0.71	0.47	0.55	-0.07	0.57	0.62	0.49	-0.03	0.26		0.64	0.66	0.4
Common Stock Total Equity	0.09	0.49	0.36	0.28	-0.75	0.06	0.55	-0.76	-0.58	0.24	0.66	-0.58	0.52	0.97	0.5	0.51	-0.46	0.68	0.5	0.72	-0.26	-0.16	0.64		0.99	0.29
Common Stock	0.03	0.47	0.35	0.29	-0.76	0.06	0.55	-0.78	-0.6	0.21	0.67	-0.6	0.48	0.97	0.48	0.47	-0.46	0.68	0.49	0.72	-0.33	-0.16	0.66	0.99		0.28
Other Liab	0.72	-0.3	-0.18	0.25	-0.39	0.18	-0.24	-0.22	0.14	0.86	0.33	0.14	0.26	0.29	0.68	-0.31	0.08	-0.19	0.63	0.04	0.07	-0.18	0.4	0.29	0.28

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Ampco Pittsburgh Account Relationship Matchups

Ampco Pittsburgh fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	506.6M	463.2M	485.6M	502.8M	565.7M	396.6M
Short Long Term Debt Total	75.1M	41.6M	65.0M	109.0M	133.4M	140.1M
Other Current Liab	43.9M	64.9M	59.5M	58.9M	65.5M	42.7M
Total Current Liabilities	124.2M	105.3M	125.0M	116.2M	116.9M	81.0M
Total Stockholder Equity	48.9M	76.6M	82.6M	104.3M	60.9M	112.0M
Property Plant And Equipment Net	170.7M	166.4M	162.6M	158.5M	163.5M	126.0M
Net Debt	68.2M	24.7M	54.6M	100.3M	126.1M	132.4M
Retained Earnings	(51.3M)	(43.4M)	(56.1M)	(32.3M)	(73.0M)	(69.3M)
Cash	7.0M	16.8M	10.3M	8.7M	7.3M	6.9M
Non Current Assets Total	313.1M	291.4M	297.3M	271.4M	329.0M	215.2M
Non Currrent Assets Other	129.7M	113.0M	124.2M	103.3M	155.2M	163.0M
Cash And Short Term Investments	7.0M	16.8M	10.3M	8.7M	7.3M	6.9M
Net Receivables	97.8M	76.4M	84.8M	93.5M	99.3M	65.2M
Common Stock Shares Outstanding	12.6M	14.6M	19.0M	19.4M	19.6M	12.0M
Liabilities And Stockholders Equity	506.6M	463.2M	485.6M	502.8M	565.7M	396.6M
Non Current Liabilities Total	326.7M	272.9M	268.8M	273.2M	377.2M	396.1M
Inventory	82.3M	73.2M	88.2M	121.7M	124.7M	70.6M
Other Current Assets	6.4M	5.4M	4.9M	7.4M	5.4M	9.6M
Other Stockholder Equity	156.3M	170.3M	174.6M	175.7M	177.2M	117.5M
Total Liab	450.9M	378.2M	393.8M	389.4M	494.1M	518.8M
Property Plant And Equipment Gross	170.7M	162.1M	442.3M	439.6M	469.4M	492.8M
Total Current Assets	193.4M	171.8M	188.3M	231.4M	236.7M	181.4M
Accumulated Other Comprehensive Income	(68.7M)	(68.7M)	(55.1M)	(58.4M)	(63.0M)	(66.1M)
Short Term Debt	21.0M	13.8M	21.3M	13.7M	14.2M	14.0M
Accounts Payable	33.3M	26.7M	44.2M	43.6M	37.2M	21.4M
Common Stock Total Equity	12.7M	18.3M	19.2M	19.4M	22.3M	12.7M
Common Stock	12.7M	18.3M	19.2M	19.4M	19.7M	13.1M
Other Liab	278.8M	272.6M	244.4M	224.5M	258.1M	187.9M
Other Assets	128.5M	122.1M	126.3M	11.2M	12.9M	12.3M
Long Term Debt	50.5M	24.8M	40.9M	93.1M	116.4M	122.2M
Property Plant Equipment	166.4M	166.4M	158.6M	155.0M	178.2M	142.3M
Current Deferred Revenue	26.1M	22.9M	19.6M	2.1M	2.8M	2.6M
Intangible Assets	7.6M	7.2M	6.2M	5.2M	4.9M	4.6M
Net Tangible Assets	41.3M	69.3M	73.3M	99.1M	89.2M	105.2M
Noncontrolling Interest In Consolidated Entity	6.7M	8.4M	9.2M	9.1M	10.4M	11.0M
Retained Earnings Total Equity	(51.3M)	(43.4M)	(56.1M)	(32.3M)	(29.1M)	(27.6M)
Capital Surpluse	156.3M	170.3M	174.6M	175.7M	202.0M	164.0M
Deferred Long Term Liab	543K	1.4M	3.9M	2.5M	2.9M	3.0M

Pair Trading with Ampco Pittsburgh

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ampco Pittsburgh position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ampco Pittsburgh will appreciate offsetting losses from the drop in the long position's value.

Moving against Ampco Stock

0.35

Jacobs Solutions

Pair Corr

The ability to find closely correlated positions to Ampco Pittsburgh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampco Pittsburgh when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ampco Pittsburgh - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ampco Pittsburgh to buy it.

The correlation of Ampco Pittsburgh is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ampco Pittsburgh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ampco Pittsburgh moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ampco Pittsburgh can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Ampco Stock Analysis

When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.

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