Ammo Intangible Assets vs Accounts Payable Analysis

POWW Stock  USD 1.17  0.02  1.68%   
Ammo financial indicator trend analysis is way more than just evaluating Ammo Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ammo Inc is a good investment. Please check the relationship between Ammo Intangible Assets and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ammo Inc. 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.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ammo Inc Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ammo's Intangible Assets and Accounts Payable is 0.98. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Ammo Inc, assuming nothing else is changed. The correlation between historical values of Ammo's Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Ammo Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Ammo's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents Ammo obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ammo Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Ammo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ammo Inc 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ammo Inc. 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, Ammo's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 2.75 in 2024, despite the fact that Tax Provision is likely to grow to (3.6 M).

Ammo fundamental ratios Correlations

0.70.971.00.95-0.55-0.580.970.630.980.660.630.97-0.50.980.760.990.821.00.960.920.940.32-0.50.970.45
0.70.710.680.86-0.46-0.870.640.60.660.290.590.57-0.660.80.970.640.640.720.840.830.70.69-0.660.710.4
0.970.710.970.94-0.48-0.60.990.570.970.630.560.97-0.560.980.750.970.750.970.980.920.890.4-0.560.950.47
1.00.680.970.95-0.55-0.560.970.630.980.670.630.97-0.490.970.740.990.821.00.950.910.940.31-0.490.970.44
0.950.860.940.95-0.5-0.720.920.610.940.50.610.88-0.560.980.910.920.760.960.980.990.880.39-0.560.920.55
-0.55-0.46-0.48-0.55-0.50.69-0.41-0.99-0.39-0.2-0.99-0.430.33-0.51-0.42-0.46-0.49-0.58-0.49-0.48-0.8-0.360.33-0.64-0.27
-0.58-0.87-0.6-0.56-0.720.69-0.51-0.79-0.48-0.02-0.78-0.430.49-0.66-0.8-0.47-0.41-0.62-0.7-0.74-0.7-0.620.49-0.61-0.55
0.970.640.990.970.92-0.41-0.510.490.980.630.490.98-0.50.960.70.970.720.960.950.90.860.27-0.50.930.49
0.630.60.570.630.61-0.99-0.790.490.480.231.00.5-0.420.620.560.540.560.670.60.60.860.44-0.420.720.34
0.980.660.970.980.94-0.39-0.480.980.480.660.480.97-0.470.970.740.990.790.970.950.920.850.25-0.470.930.46
0.660.290.630.670.5-0.2-0.020.630.230.660.230.76-0.330.620.320.740.860.630.570.360.580.4-0.330.68-0.34
0.630.590.560.630.61-0.99-0.780.491.00.480.230.5-0.410.610.560.540.550.660.60.590.860.44-0.410.710.34
0.970.570.970.970.88-0.43-0.430.980.50.970.760.5-0.460.940.630.990.80.960.920.830.870.3-0.460.940.34
-0.5-0.66-0.56-0.49-0.560.330.49-0.5-0.42-0.47-0.33-0.41-0.46-0.59-0.62-0.49-0.46-0.52-0.6-0.53-0.51-0.611.0-0.6-0.15
0.980.80.980.970.98-0.51-0.660.960.620.970.620.610.94-0.590.850.960.80.980.990.950.910.44-0.590.960.47
0.760.970.750.740.91-0.42-0.80.70.560.740.320.560.63-0.620.850.710.660.780.870.890.720.54-0.620.740.47
0.990.640.970.990.92-0.46-0.470.970.540.990.740.540.99-0.490.960.710.840.980.940.870.90.31-0.490.960.36
0.820.640.750.820.76-0.49-0.410.720.560.790.860.550.8-0.460.80.660.840.820.770.640.810.52-0.460.85-0.07
1.00.720.971.00.96-0.58-0.620.960.670.970.630.660.96-0.520.980.780.980.820.970.930.950.35-0.520.980.47
0.960.840.980.950.98-0.49-0.70.950.60.950.570.60.92-0.60.990.870.940.770.970.960.890.47-0.60.940.49
0.920.830.920.910.99-0.48-0.740.90.60.920.360.590.83-0.530.950.890.870.640.930.960.840.31-0.530.870.68
0.940.70.890.940.88-0.8-0.70.860.860.850.580.860.87-0.510.910.720.90.810.950.890.840.43-0.510.960.39
0.320.690.40.310.39-0.36-0.620.270.440.250.40.440.3-0.610.440.540.310.520.350.470.310.43-0.610.42-0.18
-0.5-0.66-0.56-0.49-0.560.330.49-0.5-0.42-0.47-0.33-0.41-0.461.0-0.59-0.62-0.49-0.46-0.52-0.6-0.53-0.51-0.61-0.6-0.15
0.970.710.950.970.92-0.64-0.610.930.720.930.680.710.94-0.60.960.740.960.850.980.940.870.960.42-0.60.34
0.450.40.470.440.55-0.27-0.550.490.340.46-0.340.340.34-0.150.470.470.36-0.070.470.490.680.39-0.18-0.150.34
Click cells to compare fundamentals

Ammo Account Relationship Matchups

Ammo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.1M179.4M414.2M412.3M399.9M419.9M
Short Long Term Debt Total14.3M10.6M5.1M14.9M13.1M13.8M
Total Current Liabilities12.2M12.1M35.8M25.5M30.9M32.5M
Total Stockholder Equity19.3M160.3M374.3M372.6M356.6M374.4M
Property Plant And Equipment Net22.3M23.6M40.4M57.2M60.1M63.1M
Net Debt13.4M(107.7M)(18.1M)(24.3M)(42.5M)(40.4M)
Retained Earnings(34.0M)(41.8M)(11.2M)(18.9M)(37.6M)(35.7M)
Accounts Payable5.2M4.4M26.8M18.1M23.2M24.3M
Cash884.3K118.3M23.3M39.1M55.6M58.4M
Non Current Assets Total32.8M33.8M284.5M283.9M268.4M281.8M
Non Currrent Assets Other216.6K1.8M11.4M9.8M349.3K331.8K
Cash And Short Term Investments884.3K118.3M23.3M39.1M55.6M58.4M
Net Receivables3.0M9.0M44.0M29.3M28.2M29.6M
Common Stock Total Equity46.2K93.1K116.5K118.3K106.5K101.1K
Common Stock Shares Outstanding45.6M55.0M114.2M117.2M118.2M124.2M
Liabilities And Stockholders Equity41.1M179.4M414.2M412.3M399.9M419.9M
Non Current Liabilities Total9.6M6.9M4.1M14.3M12.4M13.0M
Inventory4.4M15.9M59.0M54.3M45.6M47.8M
Other Current Assets844.1K2.4M3.4M5.6M2.2M1.2M
Other Stockholder Equity53.2M202.1M385.4M391.4M394.1M413.8M
Total Liab21.8M19.0M39.9M39.7M43.3M45.5M
Total Current Assets9.2M145.6M129.7M128.5M131.5M138.1M
Accumulated Other Comprehensive Income(516.1K)(3.1M)0.0(1.4K)(1.6K)(1.7K)
Short Term Debt5.4M4.3M2.8M3.0M753.1K1.4M
Common Stock46.2K93.1K116.5K118.3K119.2K113.2K
Other Current Liab1.1M3.8M5.6M5.5M4.8M5.1M
Net Tangible Assets9.0M152.1M141.6M153.0M175.9M184.7M
Short Long Term Debt5.0M3.6M2.0M2.6M273.5K259.8K
Intangible Assets10.3M8.3M141.8M128.8M115.6M121.4M
Other Assets(810K)1.8M11.4M7.0M1.00.95
Net Invested Capital30.1M168.8M376.5M386.1M367.6M215.8M
Net Working Capital(3.1M)133.5M93.9M103.0M100.6M68.0M
Property Plant Equipment21.5M21.6M37.6M56.0M64.4M67.6M
Other Liab709.6K589.9K1.7M2.4M2.8M3.0M
Long Term Debt5.8M4M38.3K10.9M10.7M7.4M
Capital Stock46.2K93.1K117.9K119.7K120.6K99.3K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ammo Stock Analysis

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