Ammo Non Current Assets Total vs Non Currrent Assets Other Analysis

POWW Stock  USD 1.17  0.02  1.68%   
Ammo financial indicator trend analysis is way more than just evaluating Ammo Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ammo Inc is a good investment. Please check the relationship between Ammo Non Current Assets Total and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ammo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Non Current Assets Total vs Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ammo Inc Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ammo's Non Current Assets Total and Non Currrent Assets Other is 0.66. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Ammo Inc, assuming nothing else is changed. The correlation between historical values of Ammo's Non Current Assets Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Ammo Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., Ammo's Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Ammo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ammo Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ammo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Ammo's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 2.75 in 2024, despite the fact that Tax Provision is likely to grow to (3.6 M).

Ammo fundamental ratios Correlations

0.70.971.00.95-0.55-0.580.970.630.980.660.630.97-0.50.980.760.990.821.00.960.920.940.32-0.50.970.45
0.70.710.680.86-0.46-0.870.640.60.660.290.590.57-0.660.80.970.640.640.720.840.830.70.69-0.660.710.4
0.970.710.970.94-0.48-0.60.990.570.970.630.560.97-0.560.980.750.970.750.970.980.920.890.4-0.560.950.47
1.00.680.970.95-0.55-0.560.970.630.980.670.630.97-0.490.970.740.990.821.00.950.910.940.31-0.490.970.44
0.950.860.940.95-0.5-0.720.920.610.940.50.610.88-0.560.980.910.920.760.960.980.990.880.39-0.560.920.55
-0.55-0.46-0.48-0.55-0.50.69-0.41-0.99-0.39-0.2-0.99-0.430.33-0.51-0.42-0.46-0.49-0.58-0.49-0.48-0.8-0.360.33-0.64-0.27
-0.58-0.87-0.6-0.56-0.720.69-0.51-0.79-0.48-0.02-0.78-0.430.49-0.66-0.8-0.47-0.41-0.62-0.7-0.74-0.7-0.620.49-0.61-0.55
0.970.640.990.970.92-0.41-0.510.490.980.630.490.98-0.50.960.70.970.720.960.950.90.860.27-0.50.930.49
0.630.60.570.630.61-0.99-0.790.490.480.231.00.5-0.420.620.560.540.560.670.60.60.860.44-0.420.720.34
0.980.660.970.980.94-0.39-0.480.980.480.660.480.97-0.470.970.740.990.790.970.950.920.850.25-0.470.930.46
0.660.290.630.670.5-0.2-0.020.630.230.660.230.76-0.330.620.320.740.860.630.570.360.580.4-0.330.68-0.34
0.630.590.560.630.61-0.99-0.780.491.00.480.230.5-0.410.610.560.540.550.660.60.590.860.44-0.410.710.34
0.970.570.970.970.88-0.43-0.430.980.50.970.760.5-0.460.940.630.990.80.960.920.830.870.3-0.460.940.34
-0.5-0.66-0.56-0.49-0.560.330.49-0.5-0.42-0.47-0.33-0.41-0.46-0.59-0.62-0.49-0.46-0.52-0.6-0.53-0.51-0.611.0-0.6-0.15
0.980.80.980.970.98-0.51-0.660.960.620.970.620.610.94-0.590.850.960.80.980.990.950.910.44-0.590.960.47
0.760.970.750.740.91-0.42-0.80.70.560.740.320.560.63-0.620.850.710.660.780.870.890.720.54-0.620.740.47
0.990.640.970.990.92-0.46-0.470.970.540.990.740.540.99-0.490.960.710.840.980.940.870.90.31-0.490.960.36
0.820.640.750.820.76-0.49-0.410.720.560.790.860.550.8-0.460.80.660.840.820.770.640.810.52-0.460.85-0.07
1.00.720.971.00.96-0.58-0.620.960.670.970.630.660.96-0.520.980.780.980.820.970.930.950.35-0.520.980.47
0.960.840.980.950.98-0.49-0.70.950.60.950.570.60.92-0.60.990.870.940.770.970.960.890.47-0.60.940.49
0.920.830.920.910.99-0.48-0.740.90.60.920.360.590.83-0.530.950.890.870.640.930.960.840.31-0.530.870.68
0.940.70.890.940.88-0.8-0.70.860.860.850.580.860.87-0.510.910.720.90.810.950.890.840.43-0.510.960.39
0.320.690.40.310.39-0.36-0.620.270.440.250.40.440.3-0.610.440.540.310.520.350.470.310.43-0.610.42-0.18
-0.5-0.66-0.56-0.49-0.560.330.49-0.5-0.42-0.47-0.33-0.41-0.461.0-0.59-0.62-0.49-0.46-0.52-0.6-0.53-0.51-0.61-0.6-0.15
0.970.710.950.970.92-0.64-0.610.930.720.930.680.710.94-0.60.960.740.960.850.980.940.870.960.42-0.60.34
0.450.40.470.440.55-0.27-0.550.490.340.46-0.340.340.34-0.150.470.470.36-0.070.470.490.680.39-0.18-0.150.34
Click cells to compare fundamentals

Ammo Account Relationship Matchups

Ammo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.1M179.4M414.2M412.3M399.9M419.9M
Short Long Term Debt Total14.3M10.6M5.1M14.9M13.1M13.8M
Total Current Liabilities12.2M12.1M35.8M25.5M30.9M32.5M
Total Stockholder Equity19.3M160.3M374.3M372.6M356.6M374.4M
Property Plant And Equipment Net22.3M23.6M40.4M57.2M60.1M63.1M
Net Debt13.4M(107.7M)(18.1M)(24.3M)(42.5M)(40.4M)
Retained Earnings(34.0M)(41.8M)(11.2M)(18.9M)(37.6M)(35.7M)
Accounts Payable5.2M4.4M26.8M18.1M23.2M24.3M
Cash884.3K118.3M23.3M39.1M55.6M58.4M
Non Current Assets Total32.8M33.8M284.5M283.9M268.4M281.8M
Non Currrent Assets Other216.6K1.8M11.4M9.8M349.3K331.8K
Cash And Short Term Investments884.3K118.3M23.3M39.1M55.6M58.4M
Net Receivables3.0M9.0M44.0M29.3M28.2M29.6M
Common Stock Total Equity46.2K93.1K116.5K118.3K106.5K101.1K
Common Stock Shares Outstanding45.6M55.0M114.2M117.2M118.2M124.2M
Liabilities And Stockholders Equity41.1M179.4M414.2M412.3M399.9M419.9M
Non Current Liabilities Total9.6M6.9M4.1M14.3M12.4M13.0M
Inventory4.4M15.9M59.0M54.3M45.6M47.8M
Other Current Assets844.1K2.4M3.4M5.6M2.2M1.2M
Other Stockholder Equity53.2M202.1M385.4M391.4M394.1M413.8M
Total Liab21.8M19.0M39.9M39.7M43.3M45.5M
Total Current Assets9.2M145.6M129.7M128.5M131.5M138.1M
Accumulated Other Comprehensive Income(516.1K)(3.1M)0.0(1.4K)(1.6K)(1.7K)
Short Term Debt5.4M4.3M2.8M3.0M753.1K1.4M
Common Stock46.2K93.1K116.5K118.3K119.2K113.2K
Other Current Liab1.1M3.8M5.6M5.5M4.8M5.1M
Net Tangible Assets9.0M152.1M141.6M153.0M175.9M184.7M
Short Long Term Debt5.0M3.6M2.0M2.6M273.5K259.8K
Intangible Assets10.3M8.3M141.8M128.8M115.6M121.4M
Other Assets(810K)1.8M11.4M7.0M1.00.95
Net Invested Capital30.1M168.8M376.5M386.1M367.6M215.8M
Net Working Capital(3.1M)133.5M93.9M103.0M100.6M68.0M
Property Plant Equipment21.5M21.6M37.6M56.0M64.4M67.6M
Other Liab709.6K589.9K1.7M2.4M2.8M3.0M
Long Term Debt5.8M4M38.3K10.9M10.7M7.4M
Capital Stock46.2K93.1K117.9K119.7K120.6K99.3K

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