Ammo Property Plant And Equipment Net vs Total Current Liabilities Analysis

POWW Stock  USD 1.12  0.03  2.61%   
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 Property Plant And Equipment Net and its Total Current Liabilities 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.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ammo Inc Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ammo's Property Plant And Equipment Net and Total Current Liabilities is 0.94. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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 Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Ammo Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Ammo's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Liabilities

Total Current Liabilities is an item on Ammo balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ammo Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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