ANI Common Stock Total Equity vs Common Stock Analysis

ANIP Stock  USD 59.16  1.13  1.95%   
ANI Pharmaceuticals financial indicator trend analysis is way more than just evaluating ANI Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANI Pharmaceuticals is a good investment. Please check the relationship between ANI Pharmaceuticals Common Stock Total Equity and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANI Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in ANI Stock, please use our How to Invest in ANI Pharmaceuticals guide.

Common Stock Total Equity vs Common Stock

Common Stock Total Equity vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANI Pharmaceuticals Common Stock Total Equity account and Common Stock. At this time, the significance of the direction appears to have totally related.
The correlation between ANI Pharmaceuticals' Common Stock Total Equity and Common Stock is 1.0. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of ANI Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of ANI Pharmaceuticals' Common Stock Total Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of ANI Pharmaceuticals are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Common Stock Total Equity i.e., ANI Pharmaceuticals' Common Stock Total Equity and Common Stock go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Common Stock

Most indicators from ANI Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANI Pharmaceuticals 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 ANI Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in ANI Stock, please use our How to Invest in ANI Pharmaceuticals guide.At this time, ANI Pharmaceuticals' Selling General Administrative is relatively stable compared to the past year. As of 12/10/2024, Enterprise Value Over EBITDA is likely to grow to 10.41, while Issuance Of Capital Stock is likely to drop slightly above 71.8 M.

ANI Pharmaceuticals fundamental ratios Correlations

0.950.841.00.90.590.160.940.60.950.6-0.480.930.610.990.960.95-0.480.980.84-0.180.610.680.910.970.09
0.950.880.950.870.480.060.970.60.860.6-0.380.850.660.930.950.93-0.380.940.71-0.220.540.690.820.960.14
0.840.880.830.860.550.160.810.430.820.43-0.370.770.510.840.850.77-0.370.790.68-0.050.360.520.620.83-0.09
1.00.950.830.880.520.150.940.660.920.66-0.480.930.620.980.950.96-0.480.990.82-0.140.640.720.90.950.15
0.90.870.860.880.760.260.830.320.950.32-0.480.790.50.930.940.76-0.480.850.86-0.250.250.370.810.91-0.09
0.590.480.550.520.760.340.44-0.260.81-0.26-0.440.510.230.660.640.3-0.440.510.78-0.210.06-0.030.60.65-0.5
0.160.060.160.150.260.34-0.06-0.040.27-0.04-0.890.3-0.070.180.080.04-0.890.180.360.40.080.090.030.09-0.18
0.940.970.810.940.830.44-0.060.620.830.62-0.310.80.740.920.960.94-0.310.930.7-0.380.560.670.870.960.22
0.60.60.430.660.32-0.26-0.040.620.341.0-0.190.630.370.530.470.81-0.190.650.280.110.680.790.480.470.61
0.950.860.820.920.950.810.270.830.340.34-0.520.860.50.970.930.79-0.520.90.9-0.180.440.480.880.93-0.16
0.60.60.430.660.32-0.26-0.040.621.00.34-0.190.630.370.530.470.81-0.190.650.280.110.680.790.480.470.61
-0.48-0.38-0.37-0.48-0.48-0.44-0.89-0.31-0.19-0.52-0.19-0.57-0.35-0.48-0.41-0.391.0-0.53-0.6-0.22-0.37-0.38-0.39-0.430.01
0.930.850.770.930.790.510.30.80.630.860.63-0.570.540.910.820.89-0.570.930.810.090.720.720.830.850.11
0.610.660.510.620.50.23-0.070.740.370.50.37-0.350.540.570.660.65-0.350.70.53-0.410.460.620.670.690.21
0.990.930.840.980.930.660.180.920.530.970.53-0.480.910.570.970.91-0.480.970.87-0.210.560.610.910.970.04
0.960.950.850.950.940.640.080.960.470.930.47-0.410.820.660.970.89-0.410.940.83-0.340.440.530.90.980.08
0.950.930.770.960.760.30.040.940.810.790.81-0.390.890.650.910.89-0.390.960.69-0.160.710.790.850.90.34
-0.48-0.38-0.37-0.48-0.48-0.44-0.89-0.31-0.19-0.52-0.191.0-0.57-0.35-0.48-0.41-0.39-0.53-0.6-0.22-0.37-0.38-0.39-0.430.01
0.980.940.790.990.850.510.180.930.650.90.65-0.530.930.70.970.940.96-0.530.83-0.160.670.740.920.950.18
0.840.710.680.820.860.780.360.70.280.90.28-0.60.810.530.870.830.69-0.60.83-0.130.390.390.830.82-0.09
-0.18-0.22-0.05-0.14-0.25-0.210.4-0.380.11-0.180.11-0.220.09-0.41-0.21-0.34-0.16-0.22-0.16-0.130.14-0.02-0.37-0.330.13
0.610.540.360.640.250.060.080.560.680.440.68-0.370.720.460.560.440.71-0.370.670.390.140.830.550.550.28
0.680.690.520.720.37-0.030.090.670.790.480.79-0.380.720.620.610.530.79-0.380.740.39-0.020.830.580.60.18
0.910.820.620.90.810.60.030.870.480.880.48-0.390.830.670.910.90.85-0.390.920.83-0.370.550.580.910.09
0.970.960.830.950.910.650.090.960.470.930.47-0.430.850.690.970.980.9-0.430.950.82-0.330.550.60.910.06
0.090.14-0.090.15-0.09-0.5-0.180.220.61-0.160.610.010.110.210.040.080.340.010.18-0.090.130.280.180.090.06
Click cells to compare fundamentals

ANI Pharmaceuticals Account Relationship Matchups

ANI Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets456.8M461.2M771.6M760.1M904.4M949.6M
Other Current Liab36.7M50.1M60.0M65.5M98.2M103.1M
Total Current Liabilities61.7M78.6M87.5M99.4M145.5M152.8M
Total Stockholder Equity212.8M195.7M358.7M338.5M432.7M454.4M
Property Plant And Equipment Net40.6M41.3M52.7M43.2M44.6M46.8M
Net Debt123.4M177.8M187.1M238.3M64.5M38.9M
Retained Earnings17.6M(5.0M)(47.8M)(97.3M)(80.1M)(84.1M)
Accounts Payable14.6M11.3M23.0M29.3M36.7M38.5M
Cash62.3M7.9M100.3M48.2M221.1M232.2M
Non Current Assets Total269.1M290.9M449.8M415.8M384.6M403.8M
Cash And Short Term Investments62.3M7.9M100.3M48.2M221.1M232.2M
Common Stock Shares Outstanding12.0M12.0M12.6M16.3M18.2M19.1M
Liabilities And Stockholders Equity456.8M461.2M771.6M760.1M904.4M949.6M
Other Current Assets5.1M5.9M11.3M25.2M25.4M26.7M
Total Liab244.0M265.5M412.9M421.5M446.8M469.2M
Property Plant And Equipment Gross40.6M41.3M75.6M76.0M77.5M81.4M
Total Current Assets187.7M170.3M321.8M344.3M519.8M545.8M
Other Stockholder Equity200.1M212.1M384.7M398.8M479.2M503.1M
Accumulated Other Comprehensive Income(4.9M)(11.4M)(3.1M)12.2M8.9M9.3M
Short Long Term Debt Total185.7M185.7M287.4M286.5M285.7M148.2M
Short Term Debt115.7M9.9M13.2M850K2.4M2.3M
Current Deferred Revenue451K80K87K32.5M37.4M39.2M
Non Currrent Assets Other1.2M802K2.2M2.6M12.1M12.7M
Non Current Liabilities Total182.3M186.9M325.3M322.1M301.3M316.4M
Net Receivables72.1M95.8M128.5M165.4M162.1M170.2M
Net Tangible Assets28.8M3.6M36.7M58.7M52.8M55.5M
Other Assets44.6M57.5M75.1M92.7M106.6M112.0M
Long Term Debt175.8M172.4M286.5M285.7M284.8M149.2M
Retained Earnings Total Equity17.6M(5.0M)(47.8M)(97.3M)(111.9M)(117.5M)
Inventory48.2M60.8M81.7M105.4M111.2M116.8M
Deferred Long Term Liab1.5M800K500K600K690K458.1K
Intangible Assets180.4M188.5M294.1M251.6M209.0M156.5M
Property Plant Equipment40.6M41.3M52.7M43.2M49.7M52.2M
Capital Surpluse200.8M214.4M387.8M403.9M464.5M237.5M
Other Liab7K201K31.0M35.1M40.3M42.3M

Pair Trading with ANI Pharmaceuticals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ANI Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ANI Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ANI Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ANI Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ANI Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ANI Pharmaceuticals to buy it.
The correlation of ANI Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ANI Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ANI Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ANI Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for ANI Stock Analysis

When running ANI Pharmaceuticals' price analysis, check to measure ANI Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ANI Pharmaceuticals is operating at the current time. Most of ANI Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of ANI Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ANI Pharmaceuticals' price. Additionally, you may evaluate how the addition of ANI Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.