American Change To Inventory vs Depreciation Analysis

AMWL Stock  USD 9.57  0.16  1.64%   
American Well financial indicator trend analysis is way more than just evaluating American Well Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Well Corp is a good investment. Please check the relationship between American Well Change To Inventory and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Well 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 housing.

Change To Inventory vs Depreciation

Change To Inventory vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Well Corp Change To Inventory account and Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American Well's Change To Inventory and Depreciation is -0.07. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Depreciation in the same time period over historical financial statements of American Well Corp, assuming nothing else is changed. The correlation between historical values of American Well's Change To Inventory and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of American Well Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Inventory i.e., American Well's Change To Inventory and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Depreciation

Depreciation indicates how much of American Well Corp value has been used up. For tax purposes American Well can deduct the cost of the tangible assets it purchases as business expenses. However, American Well Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from American Well's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Well 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 American Well 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 housing.
At this time, American Well's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, although the value of Selling General Administrative will most likely fall to about 114.6 M.
 2021 2022 2023 2024 (projected)
Interest Income120K6.1M15.3M16.0M
Net Interest Income120K6.1M15.3M16.0M

American Well fundamental ratios Correlations

0.870.930.97-0.510.890.78-0.16-0.95-0.490.810.960.72-0.110.710.930.790.620.79-0.85-0.7-0.860.920.750.82-0.84
0.870.910.91-0.720.860.96-0.42-0.86-0.730.860.870.720.310.680.730.930.550.9-0.84-0.95-0.890.920.80.86-0.88
0.930.910.88-0.510.790.91-0.12-0.87-0.520.940.890.7-0.080.590.810.750.580.72-0.74-0.8-0.780.830.630.7-0.75
0.970.910.88-0.620.960.79-0.33-0.97-0.640.750.970.670.080.790.920.90.540.91-0.94-0.77-0.940.980.790.93-0.93
-0.51-0.72-0.51-0.62-0.69-0.70.610.640.72-0.31-0.66-0.22-0.53-0.84-0.51-0.75-0.09-0.740.640.810.72-0.77-0.6-0.640.72
0.890.860.790.96-0.690.73-0.47-0.94-0.760.630.950.440.170.880.910.90.280.94-0.98-0.77-0.980.970.690.95-0.98
0.780.960.910.79-0.70.73-0.33-0.76-0.660.880.780.680.280.570.610.820.530.78-0.69-0.96-0.760.80.680.7-0.74
-0.16-0.42-0.12-0.330.61-0.47-0.330.170.86-0.05-0.230.04-0.86-0.4-0.09-0.670.23-0.590.570.570.59-0.47-0.59-0.570.62
-0.95-0.86-0.87-0.970.64-0.94-0.760.170.52-0.7-0.99-0.590.07-0.85-0.97-0.8-0.49-0.850.870.710.88-0.95-0.64-0.850.86
-0.49-0.73-0.52-0.640.72-0.76-0.660.860.52-0.45-0.58-0.15-0.69-0.62-0.43-0.870.08-0.830.810.830.84-0.73-0.61-0.80.86
0.810.860.940.75-0.310.630.88-0.05-0.7-0.450.720.79-0.020.310.610.670.670.63-0.61-0.76-0.650.670.590.61-0.62
0.960.870.890.97-0.660.950.78-0.23-0.99-0.580.720.56-0.040.860.970.820.450.85-0.89-0.74-0.910.960.660.86-0.89
0.720.720.70.67-0.220.440.680.04-0.59-0.150.790.560.00.180.470.570.970.52-0.46-0.53-0.470.580.730.53-0.44
-0.110.31-0.080.08-0.530.170.28-0.860.07-0.69-0.02-0.040.00.14-0.240.5-0.160.44-0.27-0.51-0.320.220.420.36-0.34
0.710.680.590.79-0.840.880.57-0.4-0.85-0.620.310.860.180.140.830.720.080.79-0.8-0.64-0.830.870.510.76-0.83
0.930.730.810.92-0.510.910.61-0.09-0.97-0.430.610.970.47-0.240.830.680.40.74-0.84-0.56-0.830.880.550.78-0.81
0.790.930.750.9-0.750.90.82-0.67-0.8-0.870.670.820.570.50.720.680.380.97-0.94-0.9-0.960.940.860.96-0.96
0.620.550.580.54-0.090.280.530.23-0.490.080.670.450.97-0.160.080.40.380.34-0.28-0.34-0.290.430.620.36-0.25
0.790.90.720.91-0.740.940.78-0.59-0.85-0.830.630.850.520.440.790.740.970.34-0.95-0.85-0.970.940.760.98-0.96
-0.85-0.84-0.74-0.940.64-0.98-0.690.570.870.81-0.61-0.89-0.46-0.27-0.8-0.84-0.94-0.28-0.950.760.99-0.95-0.76-0.980.99
-0.7-0.95-0.8-0.770.81-0.77-0.960.570.710.83-0.76-0.74-0.53-0.51-0.64-0.56-0.9-0.34-0.850.760.83-0.83-0.72-0.770.82
-0.86-0.89-0.78-0.940.72-0.98-0.760.590.880.84-0.65-0.91-0.47-0.32-0.83-0.83-0.96-0.29-0.970.990.83-0.97-0.77-0.981.0
0.920.920.830.98-0.770.970.8-0.47-0.95-0.730.670.960.580.220.870.880.940.430.94-0.95-0.83-0.970.810.94-0.96
0.750.80.630.79-0.60.690.68-0.59-0.64-0.610.590.660.730.420.510.550.860.620.76-0.76-0.72-0.770.810.78-0.76
0.820.860.70.93-0.640.950.7-0.57-0.85-0.80.610.860.530.360.760.780.960.360.98-0.98-0.77-0.980.940.78-0.97
-0.84-0.88-0.75-0.930.72-0.98-0.740.620.860.86-0.62-0.89-0.44-0.34-0.83-0.81-0.96-0.25-0.960.990.821.0-0.96-0.76-0.97
Click cells to compare fundamentals

American Well Account Relationship Matchups

American Well fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets499.9M1.4B1.4B1.2B589.7M1.0B
Other Current Liab27.4M35.8M56.8M51.2M35.4M38.8M
Total Current Liabilities106.6M121.0M141.6M114.1M93.8M121.9M
Total Stockholder Equity(307.1M)1.2B1.2B1.1B464.2M633.0M
Other Liab11.2M8.2M28.6M7.9M7.1M13.8M
Net Tangible Assets(564.5M)974.7M644.1M493.6M567.7M596.0M
Property Plant And Equipment Net14.6M10.4M18.7M14.5M11.0M13.3M
Current Deferred Revenue66.5M66.7M68.8M49.5M46.4M48.3M
Net Debt(124.3M)(934.0M)(729.8M)(523.7M)(360.3M)(378.3M)
Retained Earnings(357.9M)(582.4M)(811.3M)(1.1B)(1.8B)(1.7B)
Accounts Payable6.5M5.8M12.2M7.2M4.9M7.5M
Cash137.7M941.6M746.4M538.5M372.0M510.4M
Non Current Assets Total276.4M263.4M618.5M590.9M140.1M133.1M
Non Currrent Assets Other4.3M1.4M2.5M6.2M7.7M4.7M
Other Assets4.3M10.1M4.5M6.2M7.1M6.3M
Cash And Short Term Investments177.6M1.0B746.4M538.5M372.0M574.3M
Net Receivables32.7M45.3M51.4M58.4M54.1M50.0M
Common Stock Total Equity423K2.4M2.6M2.8M3.2M1.9M
Common Stock Shares Outstanding229.9M5.0M12.7M13.7M14.2M13.5M
Liabilities And Stockholders Equity499.9M1.4B1.4B1.2B589.7M1.0B
Non Current Liabilities Total674.2M9.5M43.3M19.7M15.7M14.9M
Capital Lease Obligations13.4M7.7M16.6M14.8M11.8M11.8M
Inventory3.1M9.1M7.5M8.7M6.7M6.9M
Other Current Assets10.1M17.3M22.0M40.5M16.7M21.5M
Other Stockholder Equity(605.7M)1.8B2.1B2.2B2.2B1.4B
Total Liab780.7M130.4M185.0M133.7M109.5M104.0M
Deferred Long Term Liab1.6M1.3M2.0M3.4M3.9M2.2M
Net Invested Capital(307.1M)1.2B1.2B1.1B464.2M633.0M
Property Plant And Equipment Gross14.6M10.4M18.7M14.5M23.8M15.6M
Total Current Assets223.5M1.1B827.3M626.6M449.6M649.1M
Accumulated Other Comprehensive Income250K297K(6.4M)(17.0M)(15.7M)(14.9M)
Capital Stock423K2.4M2.6M2.8M2.9M2.1M
Non Current Liabilities Other309K64K21.6M1.6M1.4M1.4M
Net Working Capital117.0M992.3M685.7M512.6M355.8M527.2M
Short Term Debt6.2M12.7M3.8M6.1M7.2M6.7M
Intangible Assets63.5M55.5M152.4M135.0M120.2M106.7M
Common Stock423K2.4M2.6M2.8M2.9M2.1M
Property Plant Equipment14.6M10.4M18.7M1.0M910.8K865.3K

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When determining whether American Well Corp is a strong investment it is important to analyze American Well's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Well's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Well 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 housing.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Health Care Equipment & Supplies 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 American Well. If investors know American 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 American Well listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(14.45)
Revenue Per Share
17.223
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.25)
Return On Equity
(0.50)
The market value of American Well Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Well's value that differs from its market value or its book value, called intrinsic value, which is American Well's 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 American Well's market value can be influenced by many factors that don't directly affect American Well's 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 American Well's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Well is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Well's 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.