Amphenol Shares Outstanding vs. Cash And Equivalents
| XPH Stock | EUR 68.00 0.20 0.29% |
For Amphenol profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Amphenol to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Amphenol utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Amphenol's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Amphenol over time as well as its relative position and ranking within its peers.
Amphenol |
Amphenol Cash And Equivalents vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Amphenol's current stock value. Our valuation model uses many indicators to compare Amphenol value to that of its competitors to determine the firm's financial worth. Amphenol is rated below average in shares outstanding category among its peers. It is rated below average in cash and equivalents category among its peers creating about 1.68 of Cash And Equivalents per Shares Outstanding. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Amphenol's earnings, one of the primary drivers of an investment's value.Amphenol Cash And Equivalents vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Amphenol |
| = | 594.6 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Amphenol |
| = | 997.3 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Amphenol Cash And Equivalents Comparison
Amphenol is rated below average in cash and equivalents category among its peers.
Amphenol Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Amphenol, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Amphenol will eventually generate negative long term returns. The profitability progress is the general direction of Amphenol's change in net profit over the period of time. It can combine multiple indicators of Amphenol, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut. AMPHENOL CORP operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 73600 people.
Amphenol Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Amphenol. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Amphenol position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Amphenol's important profitability drivers and their relationship over time.
Use Amphenol in pair-trading
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 Amphenol 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 Amphenol will appreciate offsetting losses from the drop in the long position's value.Amphenol Pair Trading
Amphenol Pair Trading Analysis
The ability to find closely correlated positions to Amphenol could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amphenol 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 Amphenol - 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 Amphenol to buy it.
The correlation of Amphenol 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 Amphenol moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amphenol 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 Amphenol 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.Use Investing Themes to Complement your Amphenol position
In addition to having Amphenol in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in Amphenol Stock
When determining whether Amphenol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphenol's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amphenol Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphenol Stock:Check out Your Current Watchlist. For more detail on how to invest in Amphenol Stock please use our How to Invest in Amphenol guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
To fully project Amphenol's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Amphenol at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Amphenol's income statement, its balance sheet, and the statement of cash flows.