Amcor Current Deferred Revenue vs Total Revenue Analysis
AMCR Stock | USD 10.47 0.09 0.85% |
Amcor PLC financial indicator trend analysis is way more than just evaluating Amcor PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amcor PLC is a good investment. Please check the relationship between Amcor PLC Current Deferred Revenue and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amcor PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Amcor Stock, please use our How to Invest in Amcor PLC guide.
Current Deferred Revenue vs Total Revenue
Current Deferred Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amcor PLC Current Deferred Revenue account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Amcor PLC's Current Deferred Revenue and Total Revenue is 0.48. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Amcor PLC, assuming nothing else is changed. The correlation between historical values of Amcor PLC's Current Deferred Revenue and Total Revenue 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 Amcor PLC are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Current Deferred Revenue i.e., Amcor PLC's Current Deferred Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Total Revenue
Total revenue comprises all receipts Amcor PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Amcor PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amcor PLC 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 Amcor PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Amcor Stock, please use our How to Invest in Amcor PLC guide.At this time, Amcor PLC's Tax Provision is relatively stable compared to the past year. As of 12/04/2024, Sales General And Administrative To Revenue is likely to grow to 0.06, while Selling General Administrative is likely to drop slightly above 797.5 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 135M | 348M | 365.4M | Depreciation And Amortization | 580M | 587M | 616.4M |
Amcor PLC fundamental ratios Correlations
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Amcor PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amcor PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.4B | 17.2B | 17.4B | 17.0B | 16.5B | 8.9B | |
Short Long Term Debt Total | 6.7B | 6.3B | 7.0B | 6.7B | 7.2B | 7.5B | |
Other Current Liab | 1.6B | 1.6B | 1.9B | 1.6B | 1.6B | 1.7B | |
Total Current Liabilities | 4.0B | 4.3B | 5.1B | 4.5B | 4.3B | 2.8B | |
Total Stockholder Equity | 4.6B | 4.8B | 4.1B | 4.0B | 3.9B | 2.8B | |
Property Plant And Equipment Net | 4.1B | 4.3B | 4.2B | 4.3B | 4.3B | 3.2B | |
Net Debt | 6.0B | 5.4B | 6.2B | 6.1B | 6.6B | 6.9B | |
Retained Earnings | 246.5M | 452M | 534M | 865M | 879M | 598.1M | |
Cash | 742.6M | 850M | 775M | 689M | 588M | 352.8M | |
Non Current Assets Total | 11.9B | 11.9B | 11.6B | 11.7B | 11.6B | 6.0B | |
Non Currrent Assets Other | 220.6M | 236M | 295M | 376M | 345M | 362.3M | |
Cash And Short Term Investments | 742.6M | 850M | 775M | 689M | 588M | 352.8M | |
Net Receivables | 1.6B | 1.9B | 1.9B | 1.9B | 1.8B | 1.2B | |
Good Will | 5.3B | 5.4B | 5.3B | 5.4B | 5.3B | 5.6B | |
Common Stock Total Equity | 16.3M | 15.7M | 15M | 14M | 16.1M | 15.3M | |
Common Stock Shares Outstanding | 1.2B | 1.6B | 1.6B | 1.5B | 1.4B | 1.2B | |
Liabilities And Stockholders Equity | 16.4B | 17.2B | 17.4B | 17.0B | 16.5B | 8.9B | |
Non Current Liabilities Total | 7.8B | 8.0B | 8.2B | 8.4B | 8.3B | 8.7B | |
Inventory | 1.8B | 2.0B | 2.4B | 2.2B | 2.0B | 1.2B | |
Other Current Assets | 344.3M | 561M | 704M | 531M | 500M | 525M | |
Other Stockholder Equity | 5.4B | 5.1B | 4.4B | 4.0B | 4.0B | 4.2B | |
Total Liab | 11.8B | 12.4B | 13.3B | 12.9B | 12.6B | 13.2B | |
Property Plant And Equipment Gross | 3.6B | 4.3B | 7.9B | 8.3B | 8.5B | 9.0B | |
Total Current Assets | 4.5B | 5.3B | 5.9B | 5.3B | 5.0B | 3.0B | |
Accumulated Other Comprehensive Income | (1.0B) | (766M) | (880M) | (862M) | (1.0B) | (969M) | |
Short Term Debt | 206.3M | 199M | 150M | 194M | 96M | 91.2M | |
Common Stock | 16.3M | 15.7M | 15M | 14M | 16.1M | 15.3M | |
Current Deferred Revenue | 3.1B | 2.2B | 2.4B | 2.2B | 11M | 10.5M | |
Accounts Payable | 2.2B | 2.6B | 3.1B | 2.7B | 2.6B | 1.5B | |
Other Assets | 1.7B | 1.5B | 1.6B | 117M | 134.6M | 187.6M | |
Intangible Assets | 2.0B | 1.8B | 1.7B | 1.5B | 1.4B | 784.4M | |
Other Liab | 1.6B | 1.3B | 1.4B | 3.7B | 4.3B | 4.5B | |
Net Tangible Assets | (2.7B) | (2.4B) | (2.8B) | 4.0B | 4.6B | 4.9B | |
Long Term Debt | 6.0B | 6.2B | 6.3B | 6.7B | 6.6B | 5.4B |
Pair Trading with Amcor PLC
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 Amcor PLC 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 Amcor PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Amcor Stock
Moving against Amcor Stock
0.84 | IP | International Paper | PairCorr |
0.75 | DRVN | Driven Brands Holdings | PairCorr |
0.72 | PKG | Packaging Corp Fiscal Year End 22nd of January 2025 | PairCorr |
0.68 | SW | Smurfit WestRock plc | PairCorr |
0.68 | KRT | Karat Packaging | PairCorr |
The ability to find closely correlated positions to Amcor PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amcor PLC 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 Amcor PLC - 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 Amcor PLC to buy it.
The correlation of Amcor PLC 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 Amcor PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amcor PLC 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 Amcor PLC 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.Additional Tools for Amcor Stock Analysis
When running Amcor PLC's price analysis, check to measure Amcor PLC'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 Amcor PLC is operating at the current time. Most of Amcor PLC's value examination focuses on studying past and present price action to predict the probability of Amcor PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amcor PLC's price. Additionally, you may evaluate how the addition of Amcor PLC to your portfolios can decrease your overall portfolio volatility.