Amedeo Selling General Administrative vs Total Current Assets 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 Selling General Administrative and its Total Current Assets 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.

Selling General Administrative vs Total Current Assets

Selling General Administrative vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amedeo Air Four Selling General Administrative account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Amedeo Air's Selling General Administrative and Total Current Assets is 0.13. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Assets 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 Selling General Administrative and Total Current 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 Selling General Administrative of Amedeo Air Four are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Selling General Administrative i.e., Amedeo Air's Selling General Administrative and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

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.

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.