Amplify Total Current Assets vs Long Term Debt 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 Total Current Assets 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.

Total Current Assets vs Long Term Debt

Total Current Assets 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 Total Current Assets 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 Total Current Assets and Long Term Debt is -0.1. Overlapping area represents the amount of variation of Total Current Assets 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 Total Current Assets 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 Total Current Assets 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 Total Current Assets i.e., Amplify Energy's Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

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.
 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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