Amer Net Debt vs Cash And Short Term Investments Analysis

AS Stock

25.87 0.27 1.05%

Amer Sports, financial indicator trend analysis is way more than just evaluating Amer Sports, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amer Sports, is a good investment. Please check the relationship between Amer Sports, Net Debt and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amer Sports,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Amer Stock please use our How to Invest in Amer Sports, guide.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amer Sports, Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Amer Sports,'s Net Debt and Cash And Short Term Investments is -0.69. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Amer Sports,, assuming nothing else is changed. The correlation between historical values of Amer Sports,'s Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Amer Sports, are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Amer Sports,'s Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Amer Sports, balance sheet. This account contains Amer Sports, investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Amer Sports, fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Amer Sports,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amer Sports, 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 Amer Sports,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Amer Stock please use our How to Invest in Amer Sports, guide.At this time, Amer Sports,'s Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 33.62 in 2024, whereas Selling General Administrative is likely to drop slightly above 455.8 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	184.9M	220.9M	254.0M	200.5M
Interest Income	9.5M	10.5M	12.1M	6.2M

Depreciation And Amortization Interest Income

Amer Sports, fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross
Total Assets		1.0	-0.38	-0.12	-0.6	0.22	-0.68	0.99	0.65	-0.64	-0.65	0.99	0.34	0.9	-0.65	-0.53	0.95	0.75	0.98	-0.03	-0.42	0.84	1.0	0.92	-0.68	-0.38
Short Long Term Debt Total	1.0		-0.39	-0.14	-0.62	0.22	-0.7	1.0	0.67	-0.67	-0.67	0.99	0.35	0.9	-0.67	-0.54	0.96	0.73	0.99	-0.04	-0.45	0.86	1.0	0.92	-0.71	-0.4
Other Current Liab	-0.38	-0.39		0.92	-0.3	0.75	0.79	-0.39	-0.75	0.8	0.67	-0.49	0.55	-0.72	0.67	0.93	-0.6	-0.7	-0.49	0.82	0.88	-0.55	-0.35	-0.69	0.79	0.93
Total Current Liabilities	-0.12	-0.14	0.92		-0.45	0.82	0.72	-0.15	-0.74	0.76	0.57	-0.25	0.64	-0.53	0.57	0.83	-0.41	-0.45	-0.27	0.89	0.91	-0.47	-0.09	-0.47	0.73	0.92
Total Stockholder Equity	-0.6	-0.62	-0.3	-0.45		-0.7	0.25	-0.64	-0.05	0.16	0.32	-0.54	-0.95	-0.25	0.32	-0.13	-0.43	0.04	-0.55	-0.43	-0.08	-0.49	-0.63	-0.26	0.05	-0.16
Property Plant And Equipment Net	0.22	0.22	0.75	0.82	-0.7		0.41	0.22	-0.32	0.3	0.4	0.14	0.81	-0.18	0.4	0.48	0.0	-0.33	0.13	0.93	0.55	0.0	0.25	-0.14	0.29	0.75
Current Deferred Revenue	-0.68	-0.7	0.79	0.72	0.25	0.41		-0.72	-0.87	0.9	0.95	-0.76	0.03	-0.85	0.95	0.77	-0.84	-0.62	-0.78	0.69	0.89	-0.9	-0.66	-0.81	0.84	0.91
Net Debt	0.99	1.0	-0.39	-0.15	-0.64	0.22	-0.72		0.68	-0.68	-0.69	0.99	0.38	0.9	-0.69	-0.53	0.96	0.71	0.99	-0.06	-0.47	0.88	0.99	0.91	-0.7	-0.41
Retained Earnings	0.65	0.67	-0.75	-0.74	-0.05	-0.32	-0.87	0.68		-0.93	-0.72	0.75	-0.22	0.88	-0.72	-0.82	0.85	0.65	0.76	-0.56	-0.91	0.89	0.63	0.83	-0.98	-0.8
Accounts Payable	-0.64	-0.67	0.8	0.76	0.16	0.3	0.9	-0.68	-0.93		0.72	-0.75	0.1	-0.85	0.72	0.91	-0.85	-0.56	-0.76	0.54	0.95	-0.89	-0.62	-0.8	0.96	0.82
Cash	-0.65	-0.67	0.67	0.57	0.32	0.4	0.95	-0.69	-0.72	0.72		-0.69	-0.06	-0.76	1.0	0.57	-0.74	-0.59	-0.72	0.69	0.73	-0.8	-0.64	-0.73	0.65	0.84
Non Current Assets Total	0.99	0.99	-0.49	-0.25	-0.54	0.14	-0.76	0.99	0.75	-0.75	-0.69		0.27	0.94	-0.69	-0.63	0.98	0.76	1.0	-0.13	-0.55	0.9	0.98	0.95	-0.79	-0.48
Non Currrent Assets Other	0.34	0.35	0.55	0.64	-0.95	0.81	0.03	0.38	-0.22	0.1	-0.06	0.27		-0.05	-0.06	0.38	0.15	-0.32	0.28	0.6	0.32	0.23	0.38	-0.04	0.22	0.41
Long Term Debt	0.9	0.9	-0.72	-0.53	-0.25	-0.18	-0.85	0.9	0.88	-0.85	-0.76	0.94	-0.05		-0.76	-0.8	0.98	0.88	0.94	-0.4	-0.73	0.89	0.88	1.0	-0.91	-0.7
Cash And Short Term Investments	-0.65	-0.67	0.67	0.57	0.32	0.4	0.95	-0.69	-0.72	0.72	1.0	-0.69	-0.06	-0.76		0.57	-0.74	-0.59	-0.72	0.69	0.73	-0.8	-0.64	-0.73	0.65	0.84
Net Receivables	-0.53	-0.54	0.93	0.83	-0.13	0.48	0.77	-0.53	-0.82	0.91	0.57	-0.63	0.38	-0.8	0.57		-0.74	-0.68	-0.63	0.58	0.89	-0.68	-0.5	-0.77	0.91	0.81
Good Will	0.95	0.96	-0.6	-0.41	-0.43	0.0	-0.84	0.96	0.85	-0.85	-0.74	0.98	0.15	0.98	-0.74	-0.74		0.77	0.99	-0.26	-0.69	0.94	0.94	0.97	-0.88	-0.61
Common Stock Shares Outstanding	0.75	0.73	-0.7	-0.45	0.04	-0.33	-0.62	0.71	0.65	-0.56	-0.59	0.76	-0.32	0.88	-0.59	-0.68	0.77		0.74	-0.41	-0.49	0.56	0.73	0.9	-0.69	-0.59
Non Current Liabilities Total	0.98	0.99	-0.49	-0.27	-0.55	0.13	-0.78	0.99	0.76	-0.76	-0.72	1.0	0.28	0.94	-0.72	-0.63	0.99	0.74		-0.15	-0.57	0.92	0.98	0.95	-0.79	-0.51
Capital Lease Obligations	-0.03	-0.04	0.82	0.89	-0.43	0.93	0.69	-0.06	-0.56	0.54	0.69	-0.13	0.6	-0.4	0.69	0.58	-0.26	-0.41	-0.15		0.75	-0.33	0.0	-0.35	0.49	0.92
Inventory	-0.42	-0.45	0.88	0.91	-0.08	0.55	0.89	-0.47	-0.91	0.95	0.73	-0.55	0.32	-0.73	0.73	0.89	-0.69	-0.49	-0.57	0.75		-0.77	-0.4	-0.67	0.9	0.92
Other Current Assets	0.84	0.86	-0.55	-0.47	-0.49	0.0	-0.9	0.88	0.89	-0.89	-0.8	0.9	0.23	0.89	-0.8	-0.68	0.94	0.56	0.92	-0.33	-0.77		0.83	0.85	-0.87	-0.66
Total Liab	1.0	1.0	-0.35	-0.09	-0.63	0.25	-0.66	0.99	0.63	-0.62	-0.64	0.98	0.38	0.88	-0.64	-0.5	0.94	0.73	0.98	0.0	-0.4	0.83		0.9	-0.66	-0.35
Net Invested Capital	0.92	0.92	-0.69	-0.47	-0.26	-0.14	-0.81	0.91	0.83	-0.8	-0.73	0.95	-0.04	1.0	-0.73	-0.77	0.97	0.9	0.95	-0.35	-0.67	0.85	0.9		-0.87	-0.65
Long Term Investments	-0.68	-0.71	0.79	0.73	0.05	0.29	0.84	-0.7	-0.98	0.96	0.65	-0.79	0.22	-0.91	0.65	0.91	-0.88	-0.69	-0.79	0.49	0.9	-0.87	-0.66	-0.87		0.77
Property Plant And Equipment Gross	-0.38	-0.4	0.93	0.92	-0.16	0.75	0.91	-0.41	-0.8	0.82	0.84	-0.48	0.41	-0.7	0.84	0.81	-0.61	-0.59	-0.51	0.92	0.92	-0.66	-0.35	-0.65	0.77

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Amer Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Amer Sports, fundamental ratios Correlations

Amer Sports, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Short Long Term Debt Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Non Current Assets Total

Long Term Investments	- 0.98	Retained Earnings
Non Currrent Assets Other	- 0.95	Total Stockholder Equity
Accounts Payable	- 0.93	Retained Earnings
Long Term Investments	- 0.91	Long Term Debt
Inventory	- 0.91	Retained Earnings
Other Current Assets	- 0.9	Current Deferred Revenue