Ackroo Net Income Per Share vs Days Of Inventory On Hand Analysis

AKR Stock  CAD 0.14  0.02  16.67%   
Ackroo financial indicator trend analysis is way more than just evaluating Ackroo Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ackroo Inc is a good investment. Please check the relationship between Ackroo Net Income Per Share and its Days Of Inventory On Hand accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ackroo 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 board of governors.

Net Income Per Share vs Days Of Inventory On Hand

Net Income Per Share vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ackroo Inc Net Income Per Share account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have pay attention.
Net Income Per ShareDays Of Inventory On HandDiversified AwayNet Income Per ShareDays Of Inventory On HandDiversified Away100%
The correlation between Ackroo's Net Income Per Share and Days Of Inventory On Hand is -0.96. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Ackroo Inc, assuming nothing else is changed. The correlation between historical values of Ackroo's Net Income Per Share and Days Of Inventory On Hand 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 Income Per Share of Ackroo Inc are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Net Income Per Share i.e., Ackroo's Net Income Per Share and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income Per Share

Days Of Inventory On Hand

Most indicators from Ackroo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ackroo 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ackroo 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 board of governors.
At this time, Ackroo's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 14.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue6.0M6.3M7.0M8.5M
Depreciation And Amortization2.1M1.7M935.3K741.5K

Ackroo fundamental ratios Correlations

0.540.480.880.75-0.420.620.110.940.110.330.810.81-0.28-0.080.90.230.13-0.30.40.490.910.550.840.8-0.28
0.54-0.150.420.63-0.280.72-0.310.67-0.31-0.220.740.21-0.26-0.290.67-0.330.58-0.110.90.080.60.990.420.64-0.47
0.48-0.150.19-0.17-0.26-0.030.680.250.680.260.090.16-0.150.470.040.66-0.01-0.45-0.090.040.1-0.090.430.120.36
0.880.420.190.82-0.390.5-0.020.84-0.020.40.720.92-0.09-0.090.910.15-0.07-0.150.310.720.940.420.710.71-0.24
0.750.63-0.170.82-0.190.78-0.520.89-0.520.240.850.81-0.15-0.560.94-0.360.05-0.090.420.510.930.60.690.86-0.63
-0.42-0.28-0.26-0.39-0.19-0.32-0.28-0.35-0.280.5-0.39-0.260.53-0.6-0.34-0.21-0.290.11-0.19-0.12-0.34-0.28-0.3-0.370.2
0.620.72-0.030.50.78-0.32-0.490.8-0.49-0.140.850.46-0.35-0.430.72-0.470.34-0.210.560.140.690.70.660.9-0.75
0.11-0.310.68-0.02-0.52-0.28-0.49-0.221.00.03-0.36-0.08-0.10.79-0.220.92-0.02-0.09-0.230.01-0.17-0.25-0.02-0.360.58
0.940.670.250.840.89-0.350.8-0.22-0.220.220.910.78-0.29-0.330.94-0.130.15-0.260.510.460.930.670.860.9-0.51
0.11-0.310.68-0.02-0.52-0.28-0.491.0-0.220.03-0.36-0.08-0.10.79-0.220.92-0.02-0.09-0.230.01-0.17-0.25-0.02-0.360.58
0.33-0.220.260.40.240.5-0.140.030.220.030.120.480.48-0.30.250.32-0.3-0.16-0.140.330.3-0.220.150.110.33
0.810.740.090.720.85-0.390.85-0.360.91-0.360.120.64-0.3-0.340.87-0.240.28-0.210.620.240.830.70.640.93-0.54
0.810.210.160.920.81-0.260.46-0.080.78-0.080.480.64-0.14-0.240.860.14-0.23-0.060.00.670.910.190.720.7-0.35
-0.28-0.26-0.15-0.09-0.150.53-0.35-0.1-0.29-0.10.48-0.3-0.14-0.09-0.240.02-0.27-0.05-0.02-0.11-0.21-0.22-0.3-0.30.4
-0.08-0.290.47-0.09-0.56-0.6-0.430.79-0.330.79-0.3-0.34-0.24-0.09-0.340.680.09-0.14-0.15-0.06-0.3-0.25-0.22-0.380.53
0.90.670.040.910.94-0.340.72-0.220.94-0.220.250.870.86-0.24-0.34-0.070.13-0.10.470.540.990.650.760.86-0.51
0.23-0.330.660.15-0.36-0.21-0.470.92-0.130.920.32-0.240.140.020.68-0.07-0.05-0.12-0.290.11-0.01-0.29-0.01-0.240.61
0.130.58-0.01-0.070.05-0.290.34-0.020.15-0.02-0.30.28-0.23-0.270.090.13-0.05-0.010.59-0.320.050.53-0.030.23-0.15
-0.3-0.11-0.45-0.15-0.090.11-0.21-0.09-0.26-0.09-0.16-0.21-0.06-0.05-0.14-0.1-0.12-0.01-0.20.03-0.15-0.23-0.11-0.1-0.22
0.40.9-0.090.310.42-0.190.56-0.230.51-0.23-0.140.620.0-0.02-0.150.47-0.290.59-0.2-0.040.390.90.220.45-0.18
0.490.080.040.720.51-0.120.140.010.460.010.330.240.67-0.11-0.060.540.11-0.320.03-0.040.590.090.490.26-0.18
0.910.60.10.940.93-0.340.69-0.170.93-0.170.30.830.91-0.21-0.30.99-0.010.05-0.150.390.590.590.780.84-0.47
0.550.99-0.090.420.6-0.280.7-0.250.67-0.25-0.220.70.19-0.22-0.250.65-0.290.53-0.230.90.090.590.430.59-0.41
0.840.420.430.710.69-0.30.66-0.020.86-0.020.150.640.72-0.3-0.220.76-0.01-0.03-0.110.220.490.780.430.78-0.47
0.80.640.120.710.86-0.370.9-0.360.9-0.360.110.930.7-0.3-0.380.86-0.240.23-0.10.450.260.840.590.78-0.62
-0.28-0.470.36-0.24-0.630.2-0.750.58-0.510.580.33-0.54-0.350.40.53-0.510.61-0.15-0.22-0.18-0.18-0.47-0.41-0.47-0.62
Click cells to compare fundamentals

Ackroo Account Relationship Matchups

Ackroo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0M11.2M9.0M7.7M7.8M8.2M
Total Current Liabilities1.1M2.3M1.0M2.1M4.6M4.8M
Total Stockholder Equity1.7M3.8M3.1M1.5M2.0M1.5M
Property Plant And Equipment Net2.3M2.0M1.7M1.5M1.2M1.3M
Net Debt5.7M4.8M4.4M5.0M4.2M4.4M
Retained Earnings(15.6M)(16.7M)(19.1M)(20.8M)(19.0M)(20.0M)
Accounts Payable543.2K513.3K598.3K552.5K763.8K565.8K
Cash28.6K1.9M772.3K10.5K200.6K190.6K
Non Current Assets Total7.1M8.6M7.6M5.9M7.3M7.7M
Cash And Short Term Investments28.6K1.9M772.3K10.5K200.6K190.6K
Net Receivables503.1K414.6K469.5K461.1K184.8K250.2K
Common Stock Shares Outstanding76.2M80.6M111.8M115.8M120.7M126.7M
Liabilities And Stockholders Equity8.0M11.2M9.0M7.7M7.8M8.2M
Non Current Liabilities Total5.2M5.0M4.9M4.1M1.2M1.2M
Inventory37.5K32.2K21.1K8.4K6.7K6.4K
Other Stockholder Equity1.8M1.8M1.8M1.7M2.3M2.2M
Total Liab6.3M7.4M5.9M6.2M5.8M6.1M
Total Current Assets957.1K2.6M1.3M1.8M450.5K428.0K
Other Current Liab14.2K23.9K96.4K523.4K656.9K689.7K
Current Deferred Revenue23.1K110.2K96.4K59.3K350.0332.5
Other Current Assets387.9K193.2K65.4K57.2K58.4K95.0K
Short Long Term Debt Total5.7M6.7M5.2M5.0M4.4M4.6M
Accumulated Other Comprehensive Income254.8K1.4M840.5K840.5K756.5K718.6K
Short Term Debt556.3K1.7M312.1K953.7K3.2M3.4M
Intangible Assets2.7M4.1M2.8M1.5M2.7M1.7M
Other Liab18.5K17.4K27.7K27.4K24.7K22.9K
Net Tangible Assets(311.6K)(2.9M)(2.5M)(2.4M)(2.2M)(2.1M)
Short Long Term Debt243.1K1.4M78.3K745.9K3.0M3.1M
Common Stock15.3M17.3M19.5M19.8M18.7M15.9M
Property Plant Equipment2.3M2.0M1.7M1.5M1.7M870.7K
Net Invested Capital5.3M8.6M6.5M5.0M5.0M5.9M
Net Working Capital(179.7K)251.3K321.5K(277.0K)(4.2M)(4.0M)
Capital Stock15.3M17.3M19.5M19.8M18.7M19.4M

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