Airship Net Working Capital vs Total Current Assets Analysis
AISPW Stock | 1.41 0.33 30.56% |
Airship AI financial indicator trend analysis is way more than just evaluating Airship AI Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Airship AI Holdings is a good investment. Please check the relationship between Airship AI Net Working Capital and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airship AI 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 american community survey.
Net Working Capital vs Total Current Assets
Net Working Capital vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Airship AI Holdings Net Working Capital account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Airship AI's Net Working Capital and Total Current Assets is -0.53. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Airship AI Holdings, assuming nothing else is changed. The correlation between historical values of Airship AI's Net Working Capital and Total Current 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 Net Working Capital of Airship AI Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Working Capital i.e., Airship AI's Net Working Capital and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Working Capital
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Airship AI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Airship AI 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 Airship AI 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 american community survey. Tax Provision is likely to climb to about 12.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 6.6 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 53.2K | 532.1K | 611.4K | 438.8K | Interest Income | 24.8K | 42.6K | 48.9K | 37.0K |
Airship AI fundamental ratios Correlations
Click cells to compare fundamentals
Airship AI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Airship AI's price analysis, check to measure Airship AI'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 Airship AI is operating at the current time. Most of Airship AI's value examination focuses on studying past and present price action to predict the probability of Airship AI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airship AI's price. Additionally, you may evaluate how the addition of Airship AI to your portfolios can decrease your overall portfolio volatility.