Amedeo Other Current Assets vs Non Current Liabilities Total Analysis

AA4 Stock   54.20  0.70  1.31%   
Amedeo Air financial indicator trend analysis is way more than just evaluating Amedeo Air Four prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amedeo Air Four is a good investment. Please check the relationship between Amedeo Air Other Current Assets and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amedeo Air Four. 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.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amedeo Air Four Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Amedeo Air's Other Current Assets and Non Current Liabilities Total is -0.17. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Amedeo Air Four, assuming nothing else is changed. The correlation between historical values of Amedeo Air's Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Amedeo Air Four are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Amedeo Air's Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

Most indicators from Amedeo Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amedeo Air Four 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 Amedeo Air Four. 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.
The current year's Selling General Administrative is expected to grow to about 1.8 M, whereas Tax Provision is forecasted to decline to about 17 K.
 2021 2022 2023 2024 (projected)
Interest Expense36.5M38.2M33.0M35.8M
Depreciation And Amortization113.4M129.7M122.2M123.0M

Amedeo Air fundamental ratios Correlations

0.99-0.220.660.950.990.910.720.170.430.99-0.990.070.430.580.80.930.990.2-0.150.610.990.730.560.740.86
0.99-0.240.640.890.980.930.760.130.350.99-0.990.020.350.580.770.940.990.18-0.140.530.990.720.490.710.83
-0.22-0.24-0.52-0.13-0.18-0.07-0.480.11-0.46-0.180.2-0.01-0.46-0.17-0.06-0.06-0.24-0.650.55-0.33-0.240.08-0.45-0.11-0.09
0.660.64-0.520.70.680.660.730.530.460.67-0.68-0.240.460.020.260.450.640.32-0.240.560.590.310.410.270.3
0.950.89-0.130.70.950.860.640.360.520.95-0.940.020.520.430.730.820.90.14-0.060.690.890.650.60.650.79
0.990.98-0.180.680.950.950.760.270.41.0-1.0-0.050.40.480.730.920.980.12-0.060.570.980.670.50.660.79
0.910.93-0.070.660.860.950.750.390.190.94-0.95-0.240.190.310.580.880.91-0.120.140.40.90.580.260.540.64
0.720.76-0.480.730.640.760.750.330.290.75-0.77-0.430.290.160.280.620.760.43-0.360.390.730.250.340.210.35
0.170.130.110.530.360.270.390.330.240.24-0.25-0.760.24-0.68-0.34-0.050.13-0.290.450.190.08-0.30.01-0.39-0.26
0.430.35-0.460.460.520.40.190.290.240.38-0.380.011.00.130.260.120.420.46-0.20.880.40.020.950.170.33
0.990.99-0.180.670.951.00.940.750.240.38-1.0-0.020.380.510.750.930.980.13-0.080.560.980.70.490.690.81
-0.99-0.990.2-0.68-0.94-1.0-0.95-0.77-0.25-0.38-1.00.04-0.38-0.5-0.74-0.92-0.98-0.140.09-0.56-0.98-0.68-0.49-0.67-0.8
0.070.02-0.01-0.240.02-0.05-0.24-0.43-0.760.01-0.020.040.010.760.620.180.020.24-0.370.110.060.590.210.660.54
0.430.35-0.460.460.520.40.190.290.241.00.38-0.380.010.130.260.120.420.46-0.20.880.40.020.950.170.33
0.580.58-0.170.020.430.480.310.16-0.680.130.51-0.50.760.130.910.70.570.34-0.430.320.620.820.420.910.88
0.80.77-0.060.260.730.730.580.28-0.340.260.75-0.740.620.260.910.860.770.2-0.240.470.80.920.50.970.99
0.930.94-0.060.450.820.920.880.62-0.050.120.93-0.920.180.120.70.860.920.04-0.090.390.940.830.320.820.88
0.990.99-0.240.640.90.980.910.760.130.420.98-0.980.020.420.570.770.920.22-0.170.591.00.70.550.70.82
0.20.18-0.650.320.140.12-0.120.43-0.290.460.13-0.140.240.460.340.20.040.22-0.950.410.20.120.570.130.19
-0.15-0.140.55-0.24-0.06-0.060.14-0.360.45-0.2-0.080.09-0.37-0.2-0.43-0.24-0.09-0.17-0.95-0.25-0.16-0.25-0.37-0.2-0.21
0.610.53-0.330.560.690.570.40.390.190.880.56-0.560.110.880.320.470.390.590.41-0.250.580.310.90.410.52
0.990.99-0.240.590.890.980.90.730.080.40.98-0.980.060.40.620.80.941.00.2-0.160.580.720.550.740.86
0.730.720.080.310.650.670.580.25-0.30.020.7-0.680.590.020.820.920.830.70.12-0.250.310.720.260.920.88
0.560.49-0.450.410.60.50.260.340.010.950.49-0.490.210.950.420.50.320.550.57-0.370.90.550.260.40.55
0.740.71-0.110.270.650.660.540.21-0.390.170.69-0.670.660.170.910.970.820.70.13-0.20.410.740.920.40.94
0.860.83-0.090.30.790.790.640.35-0.260.330.81-0.80.540.330.880.990.880.820.19-0.210.520.860.880.550.94
Click cells to compare fundamentals

Amedeo Air Account Relationship Matchups

Amedeo Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.4B1.4B1.4B1.3B1.3B
Short Long Term Debt Total1.2B1.0B994.6M955.4M819.9M901.9M
Other Current Liab(113.3M)(105.3M)(127.1K)(115.5M)(6.9K)(7.3K)
Total Current Liabilities118.7M103.8M121.0K109.9M(6.9K)(6.6K)
Total Stockholder Equity632.1M311.7M313.8M341.3M338.8M351.2M
Property Plant And Equipment Net1.7B1.3B1.2B1.2B1.0B1.2B
Current Deferred Revenue9.5M8.2M5.5M5.6M5.1M4.8M
Net Debt1.1B970.4M951.3M909.0M(55.5M)(52.7M)
Retained Earnings(74.8M)(258.2M)(237.8M)(198.1M)(194.0M)(184.3M)
Cash174.3M63.1M43.3M46.4M55.5M60.4M
Non Current Assets Total1.7B1.3B1.3B1.2B1.1B1.2B
Non Currrent Assets Other(1.7B)(1.3B)(1.3B)(1.2B)(1.1B)(1.1B)
Other Assets73.7M55.1M58.6M105.3M106.8M112.1M
Cash And Short Term Investments174.3M63.1M43.3M46.4M55.5M60.4M
Net Receivables21.8M25.7M23.6M21.7M23.4M20.8M
Common Stock Shares Outstanding299.7M374.4M356.1M300.7M304.1M295.3M
Liabilities And Stockholders Equity2.0B1.4B1.4B1.4B1.3B1.3B
Non Current Liabilities Total1.4B1.0B1.1B955.4M819.9M935.3M
Inventory182.1M98.6M138.6M145.3M23.6M22.4M
Other Current Assets(189.8M)(121.4M)(204.0M)(226.3M)(23.6M)(24.8M)
Other Stockholder Equity530.6M19.0M30.6M46.5M39.9M37.9M
Total Liab1.4B1.1B1.1B955.4M913.4M951.8M
Property Plant And Equipment Gross1.7B1.3B2.1B2.2B2.2B2.0B
Total Current Assets196.1M88.9M80.5M68.0M78.9M76.8M
Accumulated Other Comprehensive Income(471.2M)19.0M30.6M46.5M53.4M56.1M
Short Term Debt103.6M97.1M81.7M109.9M126.4M101.6M
Long Term Investments7.7M22.8M44.0M55.3M53.1M32.8M
Net Invested Capital1.9B1.3B1.3B1.3B1.2B1.3B

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Other Information on Investing in Amedeo Stock

Balance Sheet is a snapshot of the financial position of Amedeo Air Four at a specified time, usually calculated after every quarter, six months, or one year. Amedeo Air Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amedeo Air and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Amedeo currently owns. An asset can also be divided into two categories, current and non-current.