Amplify Income Tax Expense vs Selling General Administrative Analysis

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 Income Tax Expense and its Selling General Administrative 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.

Income Tax Expense vs Selling General Administrative

Income Tax Expense vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amplify Energy Corp Income Tax Expense account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Amplify Energy's Income Tax Expense and Selling General Administrative is -0.04. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling General Administrative 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 Income Tax Expense 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 Tax Expense of Amplify Energy Corp 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 Tax Expense i.e., Amplify Energy's Income Tax Expense and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Selling General Administrative

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.
 2021 2022 2023 2024 (projected)
Interest Expense12.1M14.1M17.7M34.3M
Depreciation And Amortization34.7M31.0M36.0M34.2M

Amplify Energy fundamental ratios Correlations

0.720.510.020.280.990.730.031.00.790.030.75-0.590.950.64-0.310.440.760.980.76-0.020.110.55-0.180.25-0.09
0.720.50.66-0.450.711.00.30.70.530.30.72-0.640.670.46-0.410.90.990.670.76-0.7-0.10.24-0.130.090.57
0.510.50.19-0.10.460.51-0.110.480.43-0.110.53-0.270.530.76-0.010.380.550.480.64-0.240.360.420.17-0.110.1
0.020.660.19-0.880.00.650.52-0.010.010.520.18-0.35-0.09-0.06-0.220.890.61-0.030.3-0.95-0.31-0.35-0.06-0.20.99
0.28-0.45-0.1-0.880.3-0.44-0.320.310.24-0.32-0.080.050.260.190.07-0.65-0.40.33-0.090.940.190.36-0.130.2-0.89
0.990.710.460.00.30.720.010.990.730.010.72-0.640.940.6-0.370.420.740.960.7-0.010.10.58-0.190.32-0.11
0.731.00.510.65-0.440.720.260.710.540.260.72-0.630.680.48-0.40.880.990.680.75-0.68-0.080.26-0.120.10.55
0.030.3-0.110.52-0.320.010.260.0-0.061.00.05-0.24-0.15-0.26-0.340.520.250.00.32-0.43-0.5-0.38-0.34-0.180.54
1.00.70.48-0.010.310.990.710.00.780.00.72-0.610.940.62-0.310.410.740.990.710.010.120.57-0.20.29-0.12
0.790.530.430.010.240.730.54-0.060.78-0.060.69-0.280.780.590.230.320.630.840.70.040.160.34-0.11-0.03-0.11
0.030.3-0.110.52-0.320.010.261.00.0-0.060.05-0.24-0.15-0.26-0.340.520.250.00.32-0.43-0.5-0.38-0.34-0.180.54
0.750.720.530.18-0.080.720.720.050.720.690.05-0.240.830.56-0.170.470.780.690.89-0.280.270.330.16-0.030.04
-0.59-0.64-0.27-0.350.05-0.64-0.63-0.24-0.61-0.28-0.24-0.24-0.46-0.230.61-0.58-0.6-0.55-0.310.3-0.04-0.540.35-0.58-0.31
0.950.670.53-0.090.260.940.68-0.150.940.78-0.150.83-0.460.68-0.190.310.730.920.740.010.250.65-0.070.28-0.22
0.640.460.76-0.060.190.60.48-0.260.620.59-0.260.56-0.230.68-0.070.260.490.610.70.040.130.37-0.04-0.23-0.15
-0.31-0.41-0.01-0.220.07-0.37-0.4-0.34-0.310.23-0.34-0.170.61-0.19-0.07-0.4-0.3-0.22-0.220.240.1-0.190.12-0.31-0.23
0.440.90.380.89-0.650.420.880.520.410.320.520.47-0.580.310.26-0.40.860.380.6-0.85-0.3-0.1-0.16-0.120.83
0.760.990.550.61-0.40.740.990.250.740.630.250.78-0.60.730.49-0.30.860.710.8-0.65-0.020.27-0.10.080.51
0.980.670.48-0.030.330.960.680.00.990.840.00.69-0.550.920.61-0.220.380.710.70.040.140.55-0.220.26-0.13
0.760.760.640.3-0.090.70.750.320.710.70.320.89-0.310.740.7-0.220.60.80.7-0.320.040.19-0.02-0.240.18
-0.02-0.7-0.24-0.950.94-0.01-0.68-0.430.010.04-0.43-0.280.30.010.040.24-0.85-0.650.04-0.320.210.22-0.040.12-0.93
0.11-0.10.36-0.310.190.1-0.08-0.50.120.16-0.50.27-0.040.250.130.1-0.3-0.020.140.040.210.630.440.43-0.37
0.550.240.42-0.350.360.580.26-0.380.570.34-0.380.33-0.540.650.37-0.19-0.10.270.550.190.220.63-0.040.76-0.42
-0.18-0.130.17-0.06-0.13-0.19-0.12-0.34-0.2-0.11-0.340.160.35-0.07-0.040.12-0.16-0.1-0.22-0.02-0.040.44-0.04-0.2-0.08
0.250.09-0.11-0.20.20.320.1-0.180.29-0.03-0.18-0.03-0.580.28-0.23-0.31-0.120.080.26-0.240.120.430.76-0.2-0.2
-0.090.570.10.99-0.89-0.110.550.54-0.12-0.110.540.04-0.31-0.22-0.15-0.230.830.51-0.130.18-0.93-0.37-0.42-0.08-0.2
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Amplify Energy Account Relationship Matchups

Amplify Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets877.5M384.8M455.1M459.5M737.7M718.9M
Short Long Term Debt Total301.2M272.0M240.0M202.6M121.8M115.7M
Other Current Liab253K51.1M73.5M95.4M69.1M50.1M
Total Current Liabilities61.1M56.9M165.2M139.9M96.4M183.7M
Total Stockholder Equity434.2M(33.7M)(64.8M)(4.6M)391.0M410.6M
Property Plant And Equipment Net808.1M317.2M320.3M339.3M352.5M610.6M
Net Debt317.5M261.7M211.2M215.3M101.1M96.0M
Cash(16.2M)10.4M18.8M(12.6M)20.7M18.5M
Non Current Assets Total825.0M327.9M329.3M360.2M639.5M639.3M
Non Currrent Assets Other12.2M5.2M4.4M9.6M33.2M34.9M
Cash And Short Term Investments(16.2M)10.4M18.8M(12.6M)20.7M18.5M
Net Receivables33.1M30.9M92.0M80.5M39.1M60.2M
Common Stock Shares Outstanding29.3M37.6M38.0M38.4M39.0M23.2M
Liabilities And Stockholders Equity877.5M384.8M455.1M459.5M737.7M718.9M
Non Current Liabilities Total382.2M361.6M354.8M324.2M250.2M364.0M
Inventory762K6.9M22.4M12.6M14.5M19.8M
Other Current Assets13.2M31.1M15.0M18.8M38.3M40.3M
Other Stockholder Equity424.4M424.1M425.1M432.3M435.1M773.7M
Total Liab443.3M418.5M519.9M464.0M346.6M547.7M
Property Plant And Equipment Gross808.1M319.7M320.3M339.3M1.0B647.4M
Total Current Assets52.6M56.8M125.8M99.2M98.2M109.4M
Accumulated Other Comprehensive Income(204.4M)(266.2M)4.8M4.8M5.5M5.8M
Retained Earnings4.8M(463.0M)(495.1M)(437.2M)(44.5M)(46.7M)
Accounts Payable8.3M798K33.8M38.4M23.6M18.4M
Common Stock Total Equity209K378K382K386K347.4K311.4K
Common Stock209K378K382K432.6M393K373.4K
Current Deferred Revenue39.0M34.0M47.8M2M1.8M1.7M
Short Term Debt13.5M2.3M10.0M1.4M1.7M1.7M
Other Liab94.5M100.9M122.8M127.6M114.9M89.9M
Net Tangible Assets434.2M(33.7M)(64.8M)(4.6M)(4.1M)(3.9M)
Other Assets16.8M8.2M6.3M13.6M12.2M11.6M
Property Plant Equipment808.1M319.7M320.3M339.3M305.4M533.6M
Long Term Debt285M260.5M230M190M115M193.5M
Capital Lease Obligations16.2M11.5M12.1M19.2M21.1M13.8M
Net Invested Capital719.2M226.8M165.2M185.4M506.0M340.7M
Non Current Liabilities Other3.8M3.3M115.1M134.2M8.1M7.7M
Net Working Capital(8.5M)(25K)(39.4M)(40.6M)1.8M1.8M
Capital Stock209K378K382K386K393K367.2K

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