AMPY Stock | | | USD 6.71 0.04 0.60% |
Amplify Energy financial indicator trend analysis is way more than just evaluating Amplify Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amplify Energy Corp is a good investment. Please check the relationship between Amplify Energy Capital Surpluse and its Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amplify Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Capital Surpluse vs Long Term Debt
Capital Surpluse vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amplify Energy Corp Capital Surpluse account and
Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Amplify Energy's Capital Surpluse and Long Term Debt is -0.04. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Amplify Energy Corp, assuming nothing else is changed. The correlation between historical values of Amplify Energy's Capital Surpluse and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Amplify Energy Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Surpluse i.e., Amplify Energy's Capital Surpluse and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Surpluse
Long Term Debt
Long-term debt is a debt that Amplify Energy Corp has held for over one year. Long-term debt appears on Amplify Energy Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Amplify Energy Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Amplify Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amplify Energy Corp 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 Amplify Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, Amplify Energy's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 1.82 in 2024, whereas
Selling General Administrative is likely to drop slightly above 28.7
M in 2024.
Amplify Energy fundamental ratios Correlations
Click cells to compare fundamentals
Amplify Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amplify Energy fundamental ratios Accounts
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Additional Tools for Amplify Stock Analysis
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measure Amplify Energy'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 Amplify Energy is operating at the current time. Most of Amplify Energy's value examination focuses on studying past and present price action to
predict the probability of Amplify Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amplify Energy's price. Additionally, you may evaluate how the addition of Amplify Energy to your portfolios can decrease your overall portfolio volatility.