AmpliTech Income Before Tax vs Selling General Administrative Analysis

AMPGW Stock  USD 0.03  0.0001  0.31%   
AmpliTech financial indicator trend analysis is way more than just evaluating AmpliTech Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AmpliTech Group is a good investment. Please check the relationship between AmpliTech Income Before Tax and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AmpliTech Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AmpliTech Group Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between AmpliTech's Income Before Tax and Selling General Administrative is -0.66. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of AmpliTech Group, assuming nothing else is changed. The correlation between historical values of AmpliTech's Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of AmpliTech Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., AmpliTech's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on AmpliTech income statement and is an important metric when analyzing AmpliTech Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Selling General Administrative

Most indicators from AmpliTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AmpliTech Group 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 AmpliTech Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, AmpliTech's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.54 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue5.3M19.4M15.6M16.4M
Depreciation And Amortization236.7K957.3K531.2K557.7K

AmpliTech fundamental ratios Correlations

0.840.40.791.00.92-0.79-0.950.980.990.950.690.920.890.970.680.990.950.99-0.430.86-0.070.860.340.730.93
0.84-0.030.470.820.93-0.4-0.850.90.820.870.720.810.960.90.730.830.890.79-0.380.570.190.570.010.350.9
0.4-0.030.760.420.07-0.72-0.320.280.460.340.290.360.040.210.140.390.320.48-0.110.61-0.030.60.40.850.14
0.790.470.760.780.52-0.94-0.660.680.830.650.520.670.590.620.30.750.80.84-0.320.940.040.940.590.950.54
1.00.820.420.780.93-0.79-0.960.980.980.960.670.920.860.970.71.00.930.99-0.430.85-0.10.850.330.730.94
0.920.930.070.520.93-0.51-0.960.980.880.950.680.880.90.990.810.940.870.88-0.410.63-0.050.630.080.430.99
-0.79-0.4-0.72-0.94-0.79-0.510.63-0.68-0.83-0.62-0.41-0.67-0.58-0.63-0.19-0.76-0.77-0.860.32-0.970.17-0.97-0.71-0.94-0.53
-0.95-0.85-0.32-0.66-0.96-0.960.63-0.98-0.91-0.98-0.75-0.92-0.83-0.98-0.84-0.98-0.87-0.920.38-0.710.0-0.71-0.1-0.58-0.97
0.980.90.280.680.980.98-0.68-0.980.960.980.70.920.91.00.770.990.930.96-0.430.77-0.050.770.210.610.98
0.990.820.460.830.980.88-0.83-0.910.960.930.650.880.880.930.610.970.960.99-0.470.9-0.040.90.390.790.88
0.950.870.340.650.960.95-0.62-0.980.980.930.730.920.830.970.850.970.870.92-0.380.7-0.050.70.110.60.97
0.690.720.290.520.670.68-0.41-0.750.70.650.730.840.690.690.70.690.720.660.130.510.430.5-0.050.380.67
0.920.810.360.670.920.88-0.67-0.920.920.880.920.840.830.920.730.920.870.9-0.140.740.010.740.220.580.89
0.890.960.040.590.860.9-0.58-0.830.90.880.830.690.830.90.570.860.950.86-0.360.730.120.730.250.470.87
0.970.90.210.620.970.99-0.63-0.981.00.930.970.690.920.90.780.980.910.93-0.420.72-0.070.730.170.550.99
0.680.730.140.30.70.81-0.19-0.840.770.610.850.70.730.570.780.730.570.61-0.260.270.140.27-0.310.220.84
0.990.830.390.751.00.94-0.76-0.980.990.970.970.690.920.860.980.730.920.98-0.430.82-0.080.820.280.70.95
0.950.890.320.80.930.87-0.77-0.870.930.960.870.720.870.950.910.570.920.95-0.380.870.110.880.380.70.86
0.990.790.480.840.990.88-0.86-0.920.960.990.920.660.90.860.930.610.980.95-0.420.91-0.070.910.420.790.88
-0.43-0.38-0.11-0.32-0.43-0.410.320.38-0.43-0.47-0.380.13-0.14-0.36-0.42-0.26-0.43-0.38-0.42-0.36-0.05-0.36-0.17-0.37-0.41
0.860.570.610.940.850.63-0.97-0.710.770.90.70.510.740.730.720.270.820.870.91-0.36-0.081.00.660.910.63
-0.070.19-0.030.04-0.1-0.050.170.0-0.05-0.04-0.050.430.010.12-0.070.14-0.080.11-0.07-0.05-0.08-0.08-0.27-0.08-0.09
0.860.570.60.940.850.63-0.97-0.710.770.90.70.50.740.730.730.270.820.880.91-0.361.0-0.080.660.910.63
0.340.010.40.590.330.08-0.71-0.10.210.390.11-0.050.220.250.17-0.310.280.380.42-0.170.66-0.270.660.560.07
0.730.350.850.950.730.43-0.94-0.580.610.790.60.380.580.470.550.220.70.70.79-0.370.91-0.080.910.560.46
0.930.90.140.540.940.99-0.53-0.970.980.880.970.670.890.870.990.840.950.860.88-0.410.63-0.090.630.070.46
Click cells to compare fundamentals

AmpliTech Account Relationship Matchups

AmpliTech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M2.8M35.2M36.7M31.4M33.0M
Short Long Term Debt Total2.1M2.2M1.6M4.7M3.8M4.0M
Other Current Liab154.5K113.5K3.0M(619.9K)558.1K354.1K
Total Current Liabilities521.1K654.4K3.8M1.8M1.5M886.6K
Total Stockholder Equity1.1M440.3K29.0M28.8M26.7M28.0M
Property Plant And Equipment Net663.2K636.4K2.5M6.2M6.1M6.4M
Net Debt1.5M2.0M(16.5M)(8.6M)(2.9M)(2.7M)
Retained Earnings(842.8K)(1.9M)(6.6M)(7.3M)(9.8M)(9.3M)
Non Current Assets Total1.5M1.4M10.9M14.5M14.3M15.0M
Non Currrent Assets Other27.8K26.7K122.4K113.2K91.5K96.1K
Net Receivables619.2K357.1K1.9M1.8M2.5M2.7M
Common Stock Shares Outstanding4.5M2.8M8.9M9.6M9.7M10.1M
Liabilities And Stockholders Equity3.4M2.8M35.2M36.7M31.4M33.0M
Non Current Liabilities Total1.7M1.7M2.4M6.1M3.2M3.4M
Inventory557.7K517.3K4.2M6.6M6.5M6.9M
Other Current Assets124.2K322.1K210.0K194.6K1.3M1.4M
Other Stockholder Equity1.8M2.3M35.7M36.1M36.4M38.3M
Total Liab2.3M2.4M6.2M7.9M4.7M5.0M
Total Current Assets1.9M1.4M24.3M22.2M17.1M18.0M
Common Stock73.6K4.8K9.6K9.6K9.7K9.2K
Cash574.7K199.5K18.0M13.3M6.7M3.4M
Other Assets11.7K27.8K494.0K1.01.151.09
Cash And Short Term Investments574.7K199.5K18.0M13.5M6.7M3.4M
Current Deferred Revenue35.7K15.3K253.9K210.8K14.2K13.5K
Accounts Payable154.5K113.5K3.0M860.4K846.2K493.2K
Property Plant And Equipment Gross663.2K289.3K3.2M6.2M7.2M7.5M
Short Term Debt330.9K525.6K555.1K1.4M639.0K439.3K
Property Plant Equipment51.8K180.8K663.2K636.4K731.9K768.5K
Net Invested Capital2.6M2.2M29.4M29.0M33.3M35.0M
Short Long Term Debt169.7K405.6K129.9K144.4K166.0K183.1K
Net Working Capital1.4M741.6K20.5M20.3M23.4M24.5M
Capital Lease Obligations582.9K438.2K1.2M4.4M5.1M5.4M
Capital Stock73.6K4.8K9.6K9.6K8.7K8.2K

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 AmpliTech Stock Analysis

When running AmpliTech's price analysis, check to measure AmpliTech'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 AmpliTech is operating at the current time. Most of AmpliTech's value examination focuses on studying past and present price action to predict the probability of AmpliTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AmpliTech's price. Additionally, you may evaluate how the addition of AmpliTech to your portfolios can decrease your overall portfolio volatility.