AGM Total Assets vs Total Current Liabilities Analysis

AGMH Stock  USD 1.75  0.03  1.69%   
AGM Group financial indicator trend analysis is way more than just evaluating AGM Group Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGM Group Holdings is a good investment. Please check the relationship between AGM Group Total Assets and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGM Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

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

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of AGM Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AGM Group Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on AGM Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AGM Group Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from AGM Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGM Group Holdings 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 AGM Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of now, AGM Group's Discontinued Operations is decreasing as compared to previous years. The AGM Group's current Sales General And Administrative To Revenue is estimated to increase to 0.89, while Selling General Administrative is projected to decrease to under 7.1 M.
 2023 2024 (projected)
Interest Income30.3K27.5K
Reconciled Depreciation473.7K257.1K

AGM Group fundamental ratios Correlations

0.51.00.920.970.560.390.490.680.360.931.00.861.00.520.730.910.950.230.930.84-0.88
0.50.470.590.57-0.030.390.430.290.180.650.470.520.490.850.170.410.380.030.360.34-0.57
1.00.470.890.970.580.350.450.670.320.921.00.880.990.480.770.910.950.280.920.81-0.87
0.920.590.890.880.470.570.590.690.50.880.890.680.930.620.450.910.86-0.020.910.88-0.78
0.970.570.970.880.410.410.540.520.40.970.970.860.970.570.710.820.960.210.850.77-0.93
0.56-0.030.580.470.410.070.070.72-0.190.270.580.550.560.160.590.650.470.310.620.43-0.19
0.390.390.350.570.410.070.970.060.830.370.35-0.010.430.52-0.260.320.54-0.780.340.65-0.22
0.490.430.450.590.540.070.970.010.820.490.450.140.510.58-0.110.320.65-0.660.360.65-0.36
0.680.290.670.690.520.720.060.01-0.070.490.670.580.680.230.540.860.450.320.760.65-0.42
0.360.180.320.50.4-0.190.830.82-0.070.40.32-0.060.390.2-0.20.270.54-0.690.370.68-0.33
0.930.650.920.880.970.270.370.490.490.40.920.840.920.610.630.780.890.230.810.72-0.97
1.00.471.00.890.970.580.350.450.670.320.920.880.990.480.770.910.950.280.930.81-0.87
0.860.520.880.680.860.55-0.010.140.58-0.060.840.880.840.520.890.730.750.630.740.48-0.85
1.00.490.990.930.970.560.430.510.680.390.920.990.840.510.710.920.950.190.930.86-0.86
0.520.850.480.620.570.160.520.580.230.20.610.480.520.510.080.350.47-0.070.320.31-0.54
0.730.170.770.450.710.59-0.26-0.110.54-0.20.630.770.890.710.080.660.620.760.690.38-0.66
0.910.410.910.910.820.650.320.320.860.270.780.910.730.920.350.660.790.20.970.86-0.69
0.950.380.950.860.960.470.540.650.450.540.890.950.750.950.470.620.790.050.850.83-0.84
0.230.030.28-0.020.210.31-0.78-0.660.32-0.690.230.280.630.19-0.070.760.20.050.2-0.21-0.35
0.930.360.920.910.850.620.340.360.760.370.810.930.740.930.320.690.970.850.20.86-0.73
0.840.340.810.880.770.430.650.650.650.680.720.810.480.860.310.380.860.83-0.210.86-0.62
-0.88-0.57-0.87-0.78-0.93-0.19-0.22-0.36-0.42-0.33-0.97-0.87-0.85-0.86-0.54-0.66-0.69-0.84-0.35-0.73-0.62
Click cells to compare fundamentals

AGM Group Account Relationship Matchups

AGM Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.5M6.1M89.3M125.2M97.5M102.4M
Other Current Liab2.0M1.8M1.7M2.0M2.3M1.8M
Total Current Liabilities2.7M2.4M64.1M94.5M78.0M81.9M
Total Stockholder Equity11.9M3.7M25.0M30.4M19.4M13.2M
Net Tangible Assets5.7M4.7M3.7M25.0M28.8M30.2M
Retained Earnings(3.9M)(4.9M)(1.5M)9.7M2.3M2.4M
Accounts Payable3.3K5.0K14.1M64.5M21.8M12.3M
Cash2.1M664.6K18.4M4.1M1.6M1.5M
Non Current Assets Total7.2M29.4K701.6K8.4M10.4M10.9M
Non Currrent Assets Other7.2M(29.4K)(572.58)(3.1K)(3.6K)(3.4K)
Cash And Short Term Investments2.1M664.6K18.4M2.8M3.2M6.1M
Common Stock Shares Outstanding21.3M21.8M21.5M24.3M27.9M21.6M
Liabilities And Stockholders Equity14.5M6.1M89.3M97.5M112.2M117.8M
Non Current Liabilities Total70.8K(1.0)147.8K266.2K133.1K75.5K
Inventory(680.5K)1.022.4M3.9M76.8M80.6M
Other Current Assets5.8M54.5K43.4M224.2K1.2M1.2M
Other Stockholder Equity15.3M8.4M26.0M26.5M30.5M32.0M
Total Liab2.7M2.4M64.3M94.8M78.1M82.0M
Property Plant And Equipment Gross75.4K19.3K564.0K1.6M1.3M1.4M
Short Long Term Debt1.3M0.01.6M8.1M9.4M9.9M
Total Current Assets7.3M6.1M88.6M116.8M87.1M91.5M
Accumulated Other Comprehensive Income398.5K243.7K476.8K(9.4M)(8.5M)(8.0M)
Short Term Debt609.2K714.4K1.6M9.5M10.9M11.5M
Intangible Assets11.6K10.1K8.6K55.5K44.0K41.8K
Common Stock33.2K28.9K28.5K26.4K30.3K28.5K
Property Plant Equipment97.9K75.4K19.3K564.0K648.5K681.0K
Property Plant And Equipment Net75.4K19.3K564.0K1.2M649.9K380.1K
Net Debt(1.5M)49.8K(16.8M)4.0M8.0M8.4M
Net Invested Capital11.9M3.7M26.6M38.5M28.9M19.6M
Net Working Capital4.6M3.7M24.5M22.3M9.1M11.7M

Currently Active Assets on Macroaxis

When determining whether AGM Group Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AGM Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agm Group Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agm Group Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGM Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Financial Exchanges & Data 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 AGM Group. If investors know AGM 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 AGM Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Earnings Share
(0.31)
Revenue Per Share
3.83
Quarterly Revenue Growth
(0.56)
Return On Assets
(0.05)
The market value of AGM Group Holdings is measured differently than its book value, which is the value of AGM that is recorded on the company's balance sheet. Investors also form their own opinion of AGM Group's value that differs from its market value or its book value, called intrinsic value, which is AGM Group'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 AGM Group's market value can be influenced by many factors that don't directly affect AGM Group'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 AGM Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGM Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGM Group'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.