Aemetis Price To Sales Ratio vs Payables Turnover Analysis

AMTX Stock  USD 3.01  0.04  1.31%   
Aemetis financial indicator trend analysis is way more than just evaluating Aemetis prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aemetis is a good investment. Please check the relationship between Aemetis Price To Sales Ratio and its Payables Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aemetis. 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.
For more information on how to buy Aemetis Stock please use our How to Invest in Aemetis guide.

Price To Sales Ratio vs Payables Turnover

Price To Sales Ratio vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aemetis Price To Sales Ratio account and Payables Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Aemetis' Price To Sales Ratio and Payables Turnover is -0.61. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Aemetis, assuming nothing else is changed. The correlation between historical values of Aemetis' Price To Sales Ratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Aemetis are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Price To Sales Ratio i.e., Aemetis' Price To Sales Ratio and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Aemetis stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Aemetis sales, a figure that is much harder to manipulate than other Aemetis multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from Aemetis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aemetis 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 Aemetis. 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.
For more information on how to buy Aemetis Stock please use our How to Invest in Aemetis guide.At this time, Aemetis' Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.21 in 2024, whereas Selling General Administrative is likely to drop slightly above 35.9 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue204.0M262.0M184.7M142.7M
Total Revenue211.9M256.5M186.7M150.2M

Aemetis fundamental ratios Correlations

-0.93-0.96-0.44-0.90.95-0.8-0.45-0.46-0.95-0.99-0.88-0.92-0.99-0.91-0.96-0.95-0.30.4-0.96-0.68-0.96-0.76-0.830.40.91
-0.930.980.440.8-0.80.780.510.520.960.920.890.840.930.860.960.90.17-0.380.940.60.960.770.72-0.38-0.75
-0.960.980.430.84-0.860.860.480.490.980.960.930.880.970.931.00.960.33-0.340.990.660.990.810.76-0.33-0.81
-0.440.440.430.39-0.360.420.340.340.440.40.240.430.390.330.450.45-0.150.010.5-0.090.440.060.530.01-0.37
-0.90.80.840.39-0.940.650.370.370.780.920.710.890.880.830.850.880.11-0.310.820.850.840.590.71-0.31-0.91
0.95-0.8-0.86-0.36-0.94-0.69-0.28-0.29-0.81-0.96-0.75-0.88-0.95-0.82-0.86-0.89-0.270.46-0.86-0.76-0.87-0.67-0.760.450.98
-0.80.780.860.420.65-0.690.20.210.830.810.90.860.830.930.850.890.62-0.070.90.550.840.880.68-0.05-0.59
-0.450.510.480.340.37-0.280.21.00.560.390.420.260.380.370.490.34-0.060.140.430.110.490.10.440.14-0.3
-0.460.520.490.340.37-0.290.211.00.570.40.430.270.390.390.50.35-0.050.140.440.120.50.110.450.14-0.3
-0.950.960.980.440.78-0.810.830.560.570.930.920.840.940.910.980.930.34-0.340.970.560.980.780.76-0.33-0.75
-0.990.920.960.40.92-0.960.810.390.40.930.870.921.00.910.960.960.32-0.410.960.740.960.780.79-0.41-0.93
-0.880.890.930.240.71-0.750.90.420.430.920.870.880.890.930.90.880.5-0.160.910.610.90.940.76-0.14-0.66
-0.920.840.880.430.89-0.880.860.260.270.840.920.880.910.920.860.920.3-0.190.890.710.850.830.82-0.18-0.8
-0.990.930.970.390.88-0.950.830.380.390.941.00.890.910.910.970.960.37-0.420.970.70.970.80.79-0.42-0.91
-0.910.860.930.330.83-0.820.930.370.390.910.910.930.920.910.920.960.54-0.170.940.730.920.860.76-0.16-0.74
-0.960.961.00.450.85-0.860.850.490.50.980.960.90.860.970.920.960.35-0.370.990.661.00.770.74-0.36-0.82
-0.950.90.960.450.88-0.890.890.340.350.930.960.880.920.960.960.960.41-0.330.980.730.960.790.77-0.32-0.83
-0.30.170.33-0.150.11-0.270.62-0.06-0.050.340.320.50.30.370.540.350.410.060.420.270.360.570.270.09-0.22
0.4-0.38-0.340.01-0.310.46-0.070.140.14-0.34-0.41-0.16-0.19-0.42-0.17-0.37-0.330.06-0.32-0.26-0.38-0.19-0.191.00.51
-0.960.940.990.50.82-0.860.90.430.440.970.960.910.890.970.940.990.980.42-0.320.620.990.80.78-0.32-0.81
-0.680.60.66-0.090.85-0.760.550.110.120.560.740.610.710.70.730.660.730.27-0.260.620.650.610.39-0.25-0.71
-0.960.960.990.440.84-0.870.840.490.50.980.960.90.850.970.921.00.960.36-0.380.990.650.770.75-0.37-0.83
-0.760.770.810.060.59-0.670.880.10.110.780.780.940.830.80.860.770.790.57-0.190.80.610.770.61-0.18-0.56
-0.830.720.760.530.71-0.760.680.440.450.760.790.760.820.790.760.740.770.27-0.190.780.390.750.61-0.18-0.73
0.4-0.38-0.330.01-0.310.45-0.050.140.14-0.33-0.41-0.14-0.18-0.42-0.16-0.36-0.320.091.0-0.32-0.25-0.37-0.18-0.180.51
0.91-0.75-0.81-0.37-0.910.98-0.59-0.3-0.3-0.75-0.93-0.66-0.8-0.91-0.74-0.82-0.83-0.220.51-0.81-0.71-0.83-0.56-0.730.51
Click cells to compare fundamentals

Aemetis Account Relationship Matchups

Aemetis fundamental ratios Accounts

201920202021202220232024 (projected)
Retained Earnings(237.4M)(274.1M)(321.2M)(429.0M)(475.4M)(451.6M)
Common Stock Shares Outstanding20.5M21.0M30.7M34.6M38.1M40.0M
Total Assets99.9M125.1M160.8M207.1M243.4M255.6M
Other Current Liab3.1M3.3M3.8M40.1M10.3M7.8M
Total Current Liabilities57.8M102.2M65.3M88.3M84.4M88.6M
Total Stockholder Equity(154.4M)(184.7M)(120.2M)(201.9M)(217.0M)(206.1M)
Net Debt22.1M58.9M15.0M244.1M414.4M435.1M
Cash656K592K7.8M4.3M2.7M1.6M
Cash And Short Term Investments656K592K7.8M4.3M2.7M1.7M
Liabilities And Stockholders Equity99.9M125.1M160.8M207.1M243.4M255.6M
Other Stockholder Equity86.9M93.4M205.3M232.5M264.1M277.3M
Total Liab254.3M309.9M281.1M409.0M460.4M483.4M
Total Current Assets12.6M8.7M20.7M18.1M36.4M38.2M
Accounts Payable16.0M20.7M16.4M26.2M32.1M33.7M
Non Current Liabilities Total196.4M207.6M215.7M320.7M376.0M394.8M
Short Long Term Debt Total61.4M200.1M188.8M248.4M417.3M438.2M
Non Current Assets Total87.3M116.5M140.1M189.0M207.0M217.4M
Non Currrent Assets Other3.1M6.6M5.0M8.5M9.8M10.3M
Net Receivables2.0M1.8M1.6M1.3M8.6M9.1M
Property Plant And Equipment Gross84.8M112.8M135.1M233.4M254.3M267.1M
Accumulated Other Comprehensive Income(3.8M)(4.1M)(4.4M)(5.5M)(5.7M)(5.4M)
Short Term Debt22.7M59.5M22.8M13.2M42.0M44.1M
Property Plant And Equipment Net84.2M109.9M135.1M180.4M197.2M207.0M
Inventory6.5M4.0M5.1M4.7M18.3M19.2M
Other Current Assets3.4M2.3M6.2M7.9M6.8M7.1M
Net Tangible Assets(154.4M)(184.7M)(120.2M)(201.9M)(181.7M)(172.6M)
Other Assets2.5M6.6M2.6M6.1M7.0M3.8M
Long Term Debt38.7M170.1M166.0M197.0M257.7M270.6M
Retained Earnings Total Equity(237.4M)(274.1M)(321.2M)(429.0M)(386.1M)(366.8M)
Long Term Debt Total38.7M140.5M166.0M197.0M226.6M237.9M
Capital Surpluse86.9M93.4M205.3M232.5M267.4M280.8M
Non Current Liabilities Other157.8M2.9M49.8M123.7M3.3M3.2M
Property Plant Equipment84.2M112.8M135.1M180.4M207.5M217.9M

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