Ames Deferred Long Term Liab vs Short Term Investments Analysis
ATLO Stock | USD 17.01 0.22 1.28% |
Ames National financial indicator trend analysis is way more than just evaluating Ames National prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ames National is a good investment. Please check the relationship between Ames National Deferred Long Term Liab and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.
Deferred Long Term Liab vs Short Term Investments
Deferred Long Term Liab vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ames National Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Ames National's Deferred Long Term Liab and Short Term Investments is 0.03. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Ames National, assuming nothing else is changed. The correlation between historical values of Ames National's Deferred Long Term Liab 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 Deferred Long Term Liab of Ames National are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Ames National's Deferred Long Term Liab and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Short Term Investments
Short Term Investments is an item under the current assets section of Ames National balance sheet. It contains any investments Ames National undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Ames National can easily liquidate in the marketplace.Most indicators from Ames National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ames National 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 Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.At this time, Ames National's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 12th of December 2024, Enterprise Value Multiple is likely to grow to 9.89, while Selling General Administrative is likely to drop about 16 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.5M | 8.3M | 29.7M | 31.2M | Depreciation And Amortization | 2.0M | 2.0M | 1.8M | 1.4M |
Ames National fundamental ratios Correlations
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Ames National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ames National fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.0B | 2.1B | 2.1B | 2.2B | 1.3B | |
Short Long Term Debt Total | 53.3M | 5M | 3M | 39.1M | 110.6M | 116.1M | |
Total Current Liabilities | 776.4M | 916.4M | 1.2B | 1.2B | 10.4M | 9.9M | |
Total Stockholder Equity | 187.6M | 209.5M | 207.8M | 149.1M | 165.8M | 152.9M | |
Property Plant And Equipment Net | 17.8M | 17.3M | 17.5M | 18.9M | 22.5M | 14.7M | |
Net Debt | (138.6M) | (188.5M) | (103.1M) | (3.4M) | 46.6M | 48.9M | |
Retained Earnings | 146.2M | 158.2M | 170.4M | 179.9M | 180.4M | 110.7M | |
Cash | 143.6M | 191.5M | 106.1M | 42.6M | 64.0M | 64.1M | |
Non Current Assets Total | 513.7M | 629.9M | 863.4M | 819.7M | 2.8B | 2.2B | |
Non Currrent Assets Other | (1.2B) | (1.7B) | (1.9M) | (22.1M) | 2.0B | 2.1B | |
Other Assets | 588.3M | 546.1M | 326.4M | 475.0M | (1.5B) | (1.6B) | |
Cash And Short Term Investments | 623.4M | 788.5M | 937.1M | 829.0M | 800.4M | 840.4M | |
Net Receivables | 11.8M | 11.1M | 10.1M | 11.3M | 13.0M | 8.7M | |
Common Stock Total Equity | 18.4M | 18.2M | 18.2M | 18.0M | 20.7M | 19.8M | |
Common Stock Shares Outstanding | 9.2M | 9.1M | 9.1M | 9.0M | 9.0M | 7.5M | |
Liabilities And Stockholders Equity | 1.7B | 2.0B | 2.1B | 2.1B | 2.2B | 1.3B | |
Non Current Liabilities Total | 5M | 4.7M | 3M | 2.0B | 2.0B | 1.9B | |
Other Stockholder Equity | 18.8M | 17.0M | 16.4M | 14.3M | 12.8M | 16.7M | |
Total Liab | 5M | 4.7M | 3M | 2.0B | 2.0B | 2.1B | |
Property Plant And Equipment Gross | 17.8M | 17.3M | 35.2M | 37.2M | 41.1M | 43.1M | |
Total Current Assets | 635.2M | 799.7M | 947.2M | 840.3M | 877.4M | 833.5M | |
Accumulated Other Comprehensive Income | 4.1M | 16.0M | 2.9M | (63.1M) | (46.9M) | (44.5M) | |
Short Term Debt | 44.0M | 37.3M | 39.9M | 40.7M | 54.0M | 56.7M | |
Common Stock | 18.4M | 18.2M | 18.2M | 18.0M | 20.7M | 19.8M | |
Accounts Payable | 9.4M | 7.7M | 1.9B | 666K | 4.7M | 4.5M | |
Short Term Investments | 479.8M | 597.0M | 831.0M | 786.4M | 736.4M | 699.6M | |
Inventory | (159.4M) | (202.9M) | (116.2M) | (53.8M) | (1.3B) | (1.2B) | |
Property Plant Equipment | 17.8M | 17.3M | 17.5M | 18.9M | 21.7M | 14.7M | |
Long Term Debt | 14.6M | 5M | 3M | 39.1M | 110.6M | 116.1M | |
Other Current Liab | 732.4M | 916.4M | 1.2B | 1.2B | 5.7M | 5.4M | |
Net Tangible Assets | 171.5M | 193.9M | 192.8M | 134.7M | 155.0M | 172.4M | |
Good Will | 9.6M | 12.1M | 12.4M | 12.4M | 14.3M | 9.3M | |
Retained Earnings Total Equity | 146.2M | 158.2M | 170.4M | 179.9M | 206.9M | 143.1M | |
Capital Surpluse | 18.8M | 17.0M | 16.4M | 14.3M | 12.8M | 15.9M | |
Long Term Investments | 1.5B | 1.7B | 831.0M | 786.4M | 736.4M | 926.4M | |
Non Current Liabilities Other | 47.0M | 40.3M | 42.9M | 79.8M | 91.8M | 56.6M | |
Intangible Assets | 4.0M | 3.1M | 2.5M | 1.9M | 1.4M | 2.0M |
Pair Trading with Ames National
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 Ames National 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 Ames National will appreciate offsetting losses from the drop in the long position's value.Moving against Ames Stock
0.46 | CFG-PH | Citizens Financial Group, | PairCorr |
0.4 | VBFC | Village Bank | PairCorr |
0.36 | ECBK | ECB Bancorp | PairCorr |
0.34 | TECTP | Tectonic Financial | PairCorr |
0.34 | EBMT | Eagle Bancorp Montana Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Ames National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ames National 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 Ames National - 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 Ames National to buy it.
The correlation of Ames National 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 Ames National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ames National 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 Ames National 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ames National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Ames Stock, please use our How to Invest in Ames National guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ames National. If investors know Ames will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ames National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 1.01 | Earnings Share 0.97 | Revenue Per Share 5.679 | Quarterly Revenue Growth (0.01) |
The market value of Ames National is measured differently than its book value, which is the value of Ames that is recorded on the company's balance sheet. Investors also form their own opinion of Ames National's value that differs from its market value or its book value, called intrinsic value, which is Ames National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ames National's market value can be influenced by many factors that don't directly affect Ames National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ames National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ames National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ames National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.