Amentum Net Receivables vs Cash Analysis
| AMTM Stock | 23.85 0.17 0.71% |
Amentum Holdings financial indicator trend analysis is way more than just evaluating Amentum Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amentum Holdings is a good investment. Please check the relationship between Amentum Holdings Net Receivables and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amentum Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Amentum Stock, please use our How to Invest in Amentum Holdings guide.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amentum Holdings Net Receivables account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Amentum Holdings' Net Receivables and Cash is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Amentum Holdings, assuming nothing else is changed. The correlation between historical values of Amentum Holdings' Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Amentum Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Amentum Holdings' Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
Cash
Cash refers to the most liquid asset of Amentum Holdings, which is listed under current asset account on Amentum Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Amentum Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Amentum Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Amentum Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amentum Holdings 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 Amentum Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Amentum Stock, please use our How to Invest in Amentum Holdings guide.As of the 12th of December 2024, Tax Provision is likely to drop to about 60.8 M. In addition to that, Selling General Administrative is likely to drop to about 363.2 M
| 2010 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 7M | 4M | 5M | 4.3M | Tax Provision | 85M | 66M | 77M | 60.8M |
Amentum Holdings fundamental ratios Correlations
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Amentum Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amentum Holdings. If investors know Amentum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amentum Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Amentum Holdings is measured differently than its book value, which is the value of Amentum that is recorded on the company's balance sheet. Investors also form their own opinion of Amentum Holdings' value that differs from its market value or its book value, called intrinsic value, which is Amentum Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amentum Holdings' market value can be influenced by many factors that don't directly affect Amentum Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amentum Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amentum Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amentum Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.