AptarGroup Net Debt vs Capital Surpluse Analysis

ATR Stock

USD 172.96 1.23 0.72%

AptarGroup financial indicator trend analysis is way more than just evaluating AptarGroup prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AptarGroup is a good investment. Please check the relationship between AptarGroup Net Debt and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AptarGroup. 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 AptarGroup Stock, please use our How to Invest in AptarGroup guide.

Net Debt vs Capital Surpluse

Net Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AptarGroup Net Debt account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.

The correlation between AptarGroup's Net Debt and Capital Surpluse is 0.88. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of AptarGroup, assuming nothing else is changed. The correlation between historical values of AptarGroup's Net Debt and Capital Surpluse 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 Debt of AptarGroup are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Debt i.e., AptarGroup's Net Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Surpluse

Most indicators from AptarGroup's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AptarGroup 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 AptarGroup. 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 AptarGroup Stock, please use our How to Invest in AptarGroup guide.At this time, AptarGroup's Tax Provision is relatively stable compared to the past year. As of 11/29/2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Enterprise Value Over EBITDA is likely to drop 7.43.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.2B	1.3B	666.1M
Total Revenue	3.2B	3.3B	3.5B	1.9B

Gross Profit Total Revenue

AptarGroup fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings	Common Stock Total Equity	Common Stock
Total Assets		0.88	0.87	0.92	0.96	0.98	0.89	0.86	-0.04	0.98	0.33	-0.04	0.83	-0.35	0.66	0.79	0.7	0.57	0.96	0.81	0.66	0.61	0.86	0.69	0.29	0.26
Short Long Term Debt Total	0.88		0.78	0.72	0.71	0.77	0.9	0.68	0.21	0.82	0.61	0.2	0.78	-0.4	0.87	0.68	0.69	0.61	0.97	0.57	0.73	0.41	0.78	0.52	0.07	0.05
Other Current Liab	0.87	0.78		0.73	0.82	0.82	0.78	0.93	-0.01	0.85	0.23	-0.01	0.98	0.08	0.76	0.96	0.85	0.47	0.86	0.65	0.81	0.37	0.77	0.85	0.37	0.31
Total Current Liabilities	0.92	0.72	0.73		0.94	0.97	0.8	0.81	-0.21	0.93	0.29	-0.22	0.67	-0.42	0.37	0.65	0.47	0.51	0.83	0.92	0.44	0.85	0.78	0.59	0.29	0.23
Total Stockholder Equity	0.96	0.71	0.82	0.94		0.99	0.75	0.85	-0.12	0.94	0.11	-0.12	0.76	-0.31	0.45	0.76	0.63	0.46	0.85	0.86	0.58	0.69	0.77	0.71	0.42	0.38
Property Plant And Equipment Net	0.98	0.77	0.82	0.97	0.99		0.82	0.85	-0.12	0.97	0.23	-0.13	0.76	-0.37	0.5	0.75	0.61	0.5	0.89	0.87	0.57	0.72	0.81	0.69	0.36	0.32
Net Debt	0.89	0.9	0.78	0.8	0.75	0.82		0.8	-0.24	0.92	0.6	-0.24	0.76	-0.36	0.75	0.66	0.57	0.73	0.94	0.73	0.49	0.49	0.95	0.48	-0.05	-0.07
Accounts Payable	0.86	0.68	0.93	0.81	0.85	0.85	0.8		-0.27	0.89	0.26	-0.27	0.9	0.03	0.6	0.87	0.68	0.56	0.81	0.82	0.61	0.47	0.84	0.77	0.24	0.17
Cash	-0.04	0.21	-0.01	-0.21	-0.12	-0.12	-0.24	-0.27		-0.24	-0.01	1.0	0.03	-0.06	0.27	0.05	0.26	-0.27	0.05	-0.38	0.54	-0.21	-0.39	0.08	0.27	0.28
Non Current Assets Total	0.98	0.82	0.85	0.93	0.94	0.97	0.92	0.89	-0.24		0.36	-0.25	0.79	-0.34	0.61	0.74	0.61	0.65	0.93	0.85	0.53	0.63	0.93	0.63	0.18	0.15
Non Currrent Assets Other	0.33	0.61	0.23	0.29	0.11	0.23	0.6	0.26	-0.01	0.36		0.0	0.21	-0.42	0.52	0.07	0.03	0.65	0.51	0.3	0.12	0.19	0.49	-0.09	-0.56	-0.59
Cash And Short Term Investments	-0.04	0.2	-0.01	-0.22	-0.12	-0.13	-0.24	-0.27	1.0	-0.25	0.0		0.02	-0.07	0.26	0.04	0.25	-0.26	0.04	-0.38	0.54	-0.21	-0.4	0.07	0.26	0.27
Net Receivables	0.83	0.78	0.98	0.67	0.76	0.76	0.76	0.9	0.03	0.79	0.21	0.02		0.17	0.79	0.98	0.9	0.4	0.83	0.59	0.85	0.31	0.73	0.87	0.39	0.34
Common Stock Shares Outstanding	-0.35	-0.4	0.08	-0.42	-0.31	-0.37	-0.36	0.03	-0.06	-0.34	-0.42	-0.07	0.17		-0.02	0.23	0.27	-0.45	-0.37	-0.38	0.14	-0.45	-0.27	0.34	0.33	0.3
Non Current Liabilities Total	0.66	0.87	0.76	0.37	0.45	0.5	0.75	0.6	0.27	0.61	0.52	0.26	0.79	-0.02		0.69	0.78	0.51	0.81	0.24	0.78	-0.05	0.67	0.52	0.02	0.02
Inventory	0.79	0.68	0.96	0.65	0.76	0.75	0.66	0.87	0.05	0.74	0.07	0.04	0.98	0.23	0.69		0.9	0.26	0.75	0.57	0.86	0.32	0.62	0.94	0.54	0.48
Other Current Assets	0.7	0.69	0.85	0.47	0.63	0.61	0.57	0.68	0.26	0.61	0.03	0.25	0.9	0.27	0.78	0.9		0.13	0.71	0.29	0.9	0.14	0.53	0.87	0.58	0.55
Other Stockholder Equity	0.57	0.61	0.47	0.51	0.46	0.5	0.73	0.56	-0.27	0.65	0.65	-0.26	0.4	-0.45	0.51	0.26	0.13		0.63	0.56	0.15	0.25	0.77	-0.03	-0.57	-0.61
Total Liab	0.96	0.97	0.86	0.83	0.85	0.89	0.94	0.81	0.05	0.93	0.51	0.04	0.83	-0.37	0.81	0.75	0.71	0.63		0.7	0.7	0.5	0.88	0.61	0.15	0.13
Property Plant And Equipment Gross	0.81	0.57	0.65	0.92	0.86	0.87	0.73	0.82	-0.38	0.85	0.3	-0.38	0.59	-0.38	0.24	0.57	0.29	0.56	0.7		0.28	0.77	0.73	0.48	0.11	0.06
Total Current Assets	0.66	0.73	0.81	0.44	0.58	0.57	0.49	0.61	0.54	0.53	0.12	0.54	0.85	0.14	0.78	0.86	0.9	0.15	0.7	0.28		0.15	0.38	0.8	0.53	0.49
Short Term Debt	0.61	0.41	0.37	0.85	0.69	0.72	0.49	0.47	-0.21	0.63	0.19	-0.21	0.31	-0.45	-0.05	0.32	0.14	0.25	0.5	0.77	0.15		0.45	0.36	0.29	0.21
Intangible Assets	0.86	0.78	0.77	0.78	0.77	0.81	0.95	0.84	-0.39	0.93	0.49	-0.4	0.73	-0.27	0.67	0.62	0.53	0.77	0.88	0.73	0.38	0.45		0.46	-0.08	-0.11
Retained Earnings	0.69	0.52	0.85	0.59	0.71	0.69	0.48	0.77	0.08	0.63	-0.09	0.07	0.87	0.34	0.52	0.94	0.87	-0.03	0.61	0.48	0.8	0.36	0.46		0.76	0.71
Common Stock Total Equity	0.29	0.07	0.37	0.29	0.42	0.36	-0.05	0.24	0.27	0.18	-0.56	0.26	0.39	0.33	0.02	0.54	0.58	-0.57	0.15	0.11	0.53	0.29	-0.08	0.76		0.98
Common Stock	0.26	0.05	0.31	0.23	0.38	0.32	-0.07	0.17	0.28	0.15	-0.59	0.27	0.34	0.3	0.02	0.48	0.55	-0.61	0.13	0.06	0.49	0.21	-0.11	0.71	0.98

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AptarGroup Account Relationship Matchups

AptarGroup fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	4.0B	4.1B	4.2B	4.5B	4.7B
Short Long Term Debt Total	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B
Other Current Liab	293.5M	331.7M	320.7M	390.6M	404.0M	222.9M
Total Current Liabilities	683.3M	780.3M	982.5M	917.2M	1.3B	1.3B
Total Stockholder Equity	1.6B	1.9B	2.0B	2.1B	2.3B	2.4B
Property Plant And Equipment Net	1.1B	1.2B	1.3B	1.3B	1.5B	1.6B
Net Debt	953.7M	872.7M	1.1B	1.0B	961.0M	1.0B
Accounts Payable	192.7M	243.7M	285.3M	320.3M	328.6M	184.9M
Cash	242.0M	300.1M	122.9M	141.7M	223.6M	222.4M
Non Current Assets Total	2.3B	2.6B	2.8B	2.8B	2.9B	3.0B
Non Currrent Assets Other	419.7M	523.8M	533.1M	411M	69.6M	73.1M
Cash And Short Term Investments	242.0M	300.4M	123.7M	141.7M	223.6M	223.4M
Net Receivables	558.4M	566.6M	671.4M	693.7M	695.9M	369.9M
Common Stock Shares Outstanding	66.2M	66.7M	67.7M	66.7M	66.9M	55.5M
Liabilities And Stockholders Equity	3.6B	4.0B	4.1B	4.2B	4.5B	4.7B
Non Current Liabilities Total	1.3B	1.4B	1.2B	1.2B	879.3M	556.5M
Inventory	375.8M	379.4M	441.5M	486.8M	513.1M	258.4M
Other Current Assets	115.0M	122.6M	121.7M	108.0M	116.7M	67.4M
Other Stockholder Equity	389.4M	487.6M	495.3M	465.4M	505.0M	530.3M
Total Liab	2.0B	2.1B	2.2B	2.1B	2.1B	2.2B
Property Plant And Equipment Gross	1.2B	1.3B	3.6B	3.7B	4.0B	4.2B
Total Current Assets	1.3B	1.4B	1.4B	1.4B	1.5B	919.2M
Accumulated Other Comprehensive Income	(341.9M)	(281.7M)	(316.0M)	(341.4M)	(308.7M)	(293.3M)
Short Term Debt	110.2M	117.9M	289.6M	126.0M	472.3M	495.9M
Intangible Assets	291.1M	344.3M	362.3M	315.7M	283.2M	297.4M
Retained Earnings	1.5B	1.6B	1.8B	1.9B	2.1B	1.1B
Common Stock	686K	695K	704K	709K	717K	696.2K
Other Liab	165.9M	251.7M	267.2M	122.5M	140.9M	99.0M
Other Assets	47.9M	59.5M	533.1M	57.1M	65.7M	58.8M
Long Term Debt	1.1B	1.1B	907.0M	1.1B	681.2M	564.5M
Good Will	763.5M	898.5M	974.2M	945.6M	963.4M	1.0B
Treasury Stock	(318.2M)	(381.2M)	(361.6M)	(421.2M)	(379.1M)	(398.0M)
Property Plant Equipment	1.1B	1.3B	1.3B	1.4B	1.6B	857.5M
Net Tangible Assets	1.6B	607.6M	995.3M	792.6M	713.3M	702.6M
Long Term Debt Total	1.1B	1.1B	907.0M	1.1B	1.2B	862.2M
Capital Surpluse	770.6M	849.2M	916.5M	968.6M	1.1B	683.5M

Pair Trading with AptarGroup

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 AptarGroup 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 AptarGroup will appreciate offsetting losses from the drop in the long position's value.

Moving against AptarGroup Stock

0.81	RVP	Retractable Technologies	Pair Corr
0.79	TFX	Teleflex Incorporated	Pair Corr
0.79	GCTK	GlucoTrack	Pair Corr
0.77	HBIO	Harvard Bioscience	Pair Corr
0.76	ZJYL	JIN MEDICAL INTERNATIONAL	Pair Corr

The ability to find closely correlated positions to AptarGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AptarGroup 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 AptarGroup - 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 AptarGroup to buy it.

The correlation of AptarGroup 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 AptarGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AptarGroup 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 AptarGroup 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 Correlation Correlation Matching

Additional Tools for AptarGroup Stock Analysis

When running AptarGroup's price analysis, check to measure AptarGroup's 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 AptarGroup is operating at the current time. Most of AptarGroup's value examination focuses on studying past and present price action to predict the probability of AptarGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AptarGroup's price. Additionally, you may evaluate how the addition of AptarGroup to your portfolios can decrease your overall portfolio volatility.

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