Ametek Current Deferred Revenue vs Intangible Assets Analysis

0HF7 Stock   183.87  1.44  0.79%   
Ametek financial indicator trend analysis is way more than just evaluating Ametek Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ametek Inc is a good investment. Please check the relationship between Ametek Current Deferred Revenue and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek 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 board of governors.

Current Deferred Revenue vs Intangible Assets

Current Deferred Revenue vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ametek Inc Current Deferred Revenue account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ametek's Current Deferred Revenue and Intangible Assets is 0.69. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Ametek Inc, assuming nothing else is changed. The correlation between historical values of Ametek's Current Deferred Revenue and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Ametek Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Current Deferred Revenue i.e., Ametek's Current Deferred Revenue and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Ametek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ametek 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ametek 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 board of governors.
Selling General Administrative is likely to gain to about 729.3 M in 2024, whereas Tax Provision is likely to drop slightly above 237.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.1B2.4B2.5B
Total Revenue5.5B6.2B6.6B6.9B

Ametek fundamental ratios Correlations

0.940.970.930.990.990.910.990.251.0-0.030.250.96-0.830.910.960.92-0.770.980.970.760.990.90.680.70.49
0.940.930.880.890.920.950.920.330.93-0.030.330.94-0.90.950.880.89-0.830.990.950.740.930.90.510.760.59
0.970.930.90.950.930.910.960.250.97-0.120.250.97-0.840.90.930.86-0.790.960.940.710.970.930.570.710.53
0.930.880.90.920.970.920.910.020.940.30.020.92-0.760.740.940.88-0.620.920.860.940.90.820.630.620.31
0.990.890.950.920.980.870.990.220.99-0.020.220.94-0.780.860.960.91-0.730.950.950.750.990.870.730.650.43
0.990.920.930.970.980.910.970.170.990.110.170.94-0.790.840.960.94-0.720.960.930.840.970.840.720.640.38
0.910.950.910.920.870.910.880.030.910.060.030.95-0.840.860.910.9-0.740.950.850.810.910.880.560.680.5
0.990.920.960.910.990.970.880.280.99-0.080.280.94-0.790.90.950.92-0.810.970.960.720.990.860.720.660.45
0.250.330.250.020.220.170.030.280.2-0.361.00.14-0.310.470.060.14-0.440.290.46-0.130.230.23-0.070.370.48
1.00.930.970.940.990.990.910.990.2-0.020.20.96-0.810.890.970.93-0.750.980.950.770.990.890.70.680.47
-0.03-0.03-0.120.3-0.020.110.06-0.08-0.36-0.02-0.36-0.040.07-0.310.080.020.34-0.04-0.080.58-0.13-0.11-0.03-0.12-0.43
0.250.330.250.020.220.170.030.281.00.2-0.360.14-0.310.470.060.14-0.440.290.46-0.130.240.23-0.070.370.48
0.960.940.970.920.940.940.950.940.140.96-0.040.14-0.870.910.970.89-0.740.970.930.750.960.960.550.750.59
-0.83-0.9-0.84-0.76-0.78-0.79-0.84-0.79-0.31-0.810.07-0.31-0.87-0.88-0.79-0.750.65-0.89-0.87-0.61-0.82-0.89-0.33-0.71-0.61
0.910.950.90.740.860.840.860.90.470.89-0.310.470.91-0.880.820.84-0.850.950.940.510.920.90.480.770.72
0.960.880.930.940.960.960.910.950.060.970.080.060.97-0.790.820.89-0.690.940.910.80.950.90.670.640.42
0.920.890.860.880.910.940.90.920.140.930.020.140.89-0.750.840.89-0.730.920.880.760.920.780.690.620.41
-0.77-0.83-0.79-0.62-0.73-0.72-0.74-0.81-0.44-0.750.34-0.44-0.740.65-0.85-0.69-0.73-0.8-0.8-0.42-0.79-0.65-0.55-0.54-0.43
0.980.990.960.920.950.960.950.970.290.98-0.040.290.97-0.890.950.940.92-0.80.970.750.980.930.590.750.58
0.970.950.940.860.950.930.850.960.460.95-0.080.460.93-0.870.940.910.88-0.80.970.670.950.910.540.750.59
0.760.740.710.940.750.840.810.72-0.130.770.58-0.130.75-0.610.510.80.76-0.420.750.670.710.630.520.480.11
0.990.930.970.90.990.970.910.990.230.99-0.130.240.96-0.820.920.950.92-0.790.980.950.710.90.690.70.52
0.90.90.930.820.870.840.880.860.230.89-0.110.230.96-0.890.90.90.78-0.650.930.910.630.90.360.80.72
0.680.510.570.630.730.720.560.72-0.070.7-0.03-0.070.55-0.330.480.670.69-0.550.590.540.520.690.360.07-0.1
0.70.760.710.620.650.640.680.660.370.68-0.120.370.75-0.710.770.640.62-0.540.750.750.480.70.80.070.8
0.490.590.530.310.430.380.50.450.480.47-0.430.480.59-0.610.720.420.41-0.430.580.590.110.520.72-0.10.8
Click cells to compare fundamentals

Ametek Account Relationship Matchups

Ametek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.8B10.4B11.9B12.4B15.0B15.8B
Short Long Term Debt Total2.8B2.4B2.5B2.4B3.4B3.5B
Other Current Liab321.1M304.8M396.0M388.8M441.9M464.0M
Total Current Liabilities1.4B1.1B1.6B1.6B2.9B3.0B
Total Stockholder Equity5.1B5.9B6.9B7.5B8.7B9.2B
Property Plant And Equipment Net728.6M693.8M787.1M805.9M1.1B1.2B
Net Debt2.4B1.2B2.2B2.0B3.0B3.1B
Retained Earnings6.4B7.1B7.9B8.9B9.9B10.4B
Cash393.0M1.2B346.8M345.4M409.8M211.8M
Non Current Assets Total7.8B7.8B9.8B9.9B12.2B12.8B
Non Currrent Assets Other(815.9M)(826.1M)(1.1B)(1.1B)453.0M475.6M
Cash And Short Term Investments393.0M1.2B346.8M345.4M409.8M214.8M
Net Receivables744.8M597.5M829.2M919.3M1.0B1.1B
Common Stock Shares Outstanding229.4M231.2M232.8M231.5M231.5M199.5M
Liabilities And Stockholders Equity9.8B10.4B11.9B12.4B15.0B15.8B
Non Current Liabilities Total3.3B3.3B3.5B3.4B3.4B3.6B
Inventory624.6M559.2M769.2M1.0B1.1B1.2B
Other Current Assets263.4M153.0M183.6M219.1M269.5M282.9M
Other Stockholder Equity(741.6M)(643.5M)(560.5M)(808.7M)(727.9M)(691.5M)
Total Liab4.7B4.4B5.0B5.0B6.3B6.6B
Total Current Assets2.0B2.5B2.1B2.5B2.8B3.0B
Accumulated Other Comprehensive Income(533.1M)(504.5M)(470.4M)(574.9M)(484.9M)(460.7M)
Short Term Debt540.5M177.2M362.4M272.4M1.5B1.6B
Intangible Assets3.0B2.9B3.7B3.7B4.2B4.4B
Accounts Payable377.2M360.4M470.3M497.1M516.6M542.4M
Current Deferred Revenue156.8M194.6M298.7M357.7M375.5M394.3M
Common Stock2.7M2.7M2.7M2.7M2.7M1.8M
Good Will4.0B4.2B5.2B5.4B6.4B6.8B
Other Assets271.4M283.7M1.0372.6M428.5M449.9M
Other Liab889.3M922.6M1.1B1.1B1.3B1.0B
Net Tangible Assets(1.7B)(899.3M)(1.7B)(1.2B)(1.4B)(1.5B)
Long Term Debt2.3B2.3B2.3B2.2B2.6B2.4B
Property Plant Equipment728.6M693.8M787.1M805.9M926.8M744.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ametek Stock Analysis

When running Ametek's price analysis, check to measure Ametek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ametek is operating at the current time. Most of Ametek's value examination focuses on studying past and present price action to predict the probability of Ametek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ametek's price. Additionally, you may evaluate how the addition of Ametek to your portfolios can decrease your overall portfolio volatility.