Akso Long Term Debt vs Intangible Assets Analysis
| AHG Stock | USD 0.80 0.05 5.88% |
Akso Health financial indicator trend analysis is way more than just evaluating Akso Health Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akso Health Group is a good investment. Please check the relationship between Akso Health Long Term Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Long Term Debt vs Intangible Assets
Long Term Debt vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akso Health Group Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Akso Health's Long Term Debt and Intangible Assets is 1.0. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Akso Health Group, assuming nothing else is changed. The correlation between historical values of Akso Health's Long Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Akso Health Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Akso Health's Long Term Debt and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Akso Health Group has held for over one year. Long-term debt appears on Akso Health Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Akso Health Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Akso Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akso Health Group 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 Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Akso Health's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Akso Health's current Enterprise Value Over EBITDA is estimated to increase to 3.93, while Sales General And Administrative To Revenue is projected to decrease to 2.06.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 916.2K | 1.3M | 122.1K | 116.0K | Total Revenue | 6.3M | 13.2M | 2.4M | 2.3M |
Akso Health fundamental ratios Correlations
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Akso Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Akso Health fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 16.3M | 16.3M | 19.9M | 22.9M | 47.2M | 49.5M | |
| Total Assets | 78.4M | 31.7M | 50.7M | 20.5M | 142.0M | 86.9M | |
| Other Current Liab | 9.3M | 4.1M | 38.4M | 1.8M | 1.1M | 1.0M | |
| Total Current Liabilities | 10.2M | 14.4M | 38.4M | 11.6M | 3.6M | 3.4M | |
| Total Stockholder Equity | 48.1M | 17.3M | 12.3M | 8.7M | 138.4M | 145.3M | |
| Property Plant And Equipment Net | 1.3M | 1.6M | 66.9K | 55.4K | 49.9K | 47.4K | |
| Net Debt | 9.9M | (5.1M) | (21.9M) | 1.8M | (85.2M) | (80.9M) | |
| Retained Earnings | (1.4M) | (36.3M) | (53.1M) | (54.5M) | (63.9M) | (60.7M) | |
| Cash | 10.9M | 15.1M | 21.9M | 7.9M | 85.2M | 43.8M | |
| Non Current Assets Total | 28.5M | 1.6M | 55.4K | (272.1K) | 402.9K | 382.8K | |
| Non Currrent Assets Other | 25.2M | (30.2M) | 177.0K | (20.7M) | (141.6M) | (134.5M) | |
| Cash And Short Term Investments | 10.9M | 15.1M | 21.9M | 7.9M | 85.2M | 43.8M | |
| Net Receivables | 37.8M | 10.4M | 20.0M | 7.7M | 56.3M | 59.1M | |
| Liabilities And Stockholders Equity | 78.4M | 31.7M | 50.7M | 20.5M | 142.0M | 86.9M | |
| Other Current Assets | 39.0B | 592.8K | 885.9K | 3.4M | 56.7M | 53.8M | |
| Other Stockholder Equity | 58.5M | 56.6M | 56.6M | 67.0M | 206.3M | 216.7M | |
| Total Liab | 30.3M | 14.4M | 38.4M | 11.6M | 3.6M | 3.4M | |
| Total Current Assets | 49.9M | 30.1M | 50.6M | 20.7M | 142.0M | 72.4M | |
| Accumulated Other Comprehensive Income | (7.0M) | (3.1M) | (1.6M) | (3.8M) | (4.1M) | (3.9M) | |
| Common Stock | 5.0K | 5.0K | 5.0K | 7.0K | 43.8K | 46.0K | |
| Net Tangible Assets | 48.1M | 17.3M | 12.3M | 8.7M | 7.9M | 7.5M | |
| Non Current Liabilities Total | 20.1M | 4.4M | 0.0 | 11.6M | 3.2M | 3.0M | |
| Net Invested Capital | 68.1M | 27.3M | 12.3M | 8.7M | 138.4M | 145.3M | |
| Net Working Capital | 39.8M | 15.7M | 12.2M | 9.1M | 138.4M | 145.3M | |
| Property Plant Equipment | 1.3M | 763.6K | 66.9K | 55.4K | 49.9K | 47.4K | |
| Inventory | (39.0B) | (14.4M) | 7.8M | 1.7M | 191.2K | 200.8K |
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When determining whether Akso Health Group is a strong investment it is important to analyze Akso Health'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 Akso Health's future performance. For an informed investment choice regarding Akso Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 Akso Health. If investors know Akso 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 Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Revenue Per Share 0.051 | Quarterly Revenue Growth 0.148 | Return On Assets (0.07) | Return On Equity (0.12) |
The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health'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 Akso Health's market value can be influenced by many factors that don't directly affect Akso Health'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 Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health'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.