ANGI Change To Inventory vs Net Income Analysis
ANGI Stock | USD 1.86 0.04 2.11% |
ANGI Homeservices financial indicator trend analysis is way more than just evaluating ANGI Homeservices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANGI Homeservices is a good investment. Please check the relationship between ANGI Homeservices Change To Inventory and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANGI Homeservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.
Change To Inventory vs Net Income
Change To Inventory vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANGI Homeservices Change To Inventory account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between ANGI Homeservices' Change To Inventory and Net Income is 0.22. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of ANGI Homeservices, assuming nothing else is changed. The correlation between historical values of ANGI Homeservices' Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of ANGI Homeservices are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., ANGI Homeservices' Change To Inventory and Net Income go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in ANGI Homeservices financial statement analysis. It represents the amount of money remaining after all of ANGI Homeservices operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from ANGI Homeservices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANGI Homeservices 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 ANGI Homeservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.The current Selling General Administrative is estimated to decrease to about 207.1 M. The current Tax Provision is estimated to decrease to about (11.8 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 23.5M | 20.1M | 20.1M | 21.1M | Depreciation And Amortization | 83.7M | 91.3M | 101.6M | 106.6M |
ANGI Homeservices fundamental ratios Correlations
Click cells to compare fundamentals
ANGI Homeservices Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ANGI Homeservices fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.4B | 2.0B | 1.9B | 1.9B | 1.0B | |
Short Long Term Debt Total | 245.7M | 728.0M | 511.7M | 512.2M | 565.4M | 593.7M | |
Other Current Liab | 117.0M | 132.5M | 166.7M | 235.1M | 161.5M | 169.6M | |
Total Current Liabilities | 215.0M | 233.7M | 276.5M | 281.8M | 258.7M | 164.1M | |
Total Stockholder Equity | 1.3B | 1.3B | 1.1B | 1.0B | 1.0B | 591.0M | |
Property Plant And Equipment Net | 204.6M | 108.8M | 118.3M | 153.9M | 155.5M | 81.8M | |
Current Deferred Revenue | 58.2M | 54.7M | 53.8M | 50.9M | 49.9M | 59.6M | |
Net Debt | (144.9M) | (100.4M) | 66.4M | 191.0M | 201.4M | 211.4M | |
Retained Earnings | 16.0M | 9.7M | (61.6M) | (190.1M) | (231.0M) | (242.6M) | |
Accounts Payable | 26.0M | 30.8M | 38.9M | 30.4M | 29.5M | 17.6M | |
Cash | 390.6M | 812.7M | 428.1M | 321.2M | 364.0M | 230.9M | |
Non Current Assets Total | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 722.3M | |
Non Currrent Assets Other | 4.3M | 180.0M | 73.9M | 60.4M | 164.0M | 172.2M | |
Cash And Short Term Investments | 390.6M | 862.7M | 428.1M | 321.2M | 364.0M | 243.4M | |
Net Receivables | 41.7M | 43.1M | 84.4M | 72.0M | 51.1M | 31.2M | |
Good Will | 884.0M | 891.8M | 916.0M | 882.9M | 886.0M | 449.7M | |
Common Stock Shares Outstanding | 517.9M | 498.2M | 502.8M | 503.0M | 505.9M | 282.4M | |
Liabilities And Stockholders Equity | 1.9B | 2.4B | 2.0B | 1.9B | 1.9B | 1.0B | |
Non Current Liabilities Total | 356.4M | 825.3M | 588.1M | 574.6M | 553.1M | 580.7M | |
Other Current Assets | 67.8M | 72.0M | 70.5M | 91.1M | 72.1M | 38.5M | |
Other Stockholder Equity | 1.3B | 1.3B | 1.2B | 1.2B | 1.3B | 756.2M | |
Total Liab | 571.4M | 1.1B | 864.6M | 856.4M | 811.7M | 437.5M | |
Property Plant And Equipment Gross | 204.6M | 108.8M | 226.5M | 300.5M | 324.9M | 341.1M | |
Total Current Assets | 500.0M | 977.8M | 583.1M | 484.2M | 487.2M | 317.2M | |
Accumulated Other Comprehensive Income | (1.4M) | 4.6M | 3.3M | (1.2M) | 1.2M | 1.2M | |
Intangible Assets | 251.7M | 209.7M | 193.8M | 178.1M | 170.8M | 121.2M | |
Common Stock Total Equity | 509K | 516K | 522K | 525K | 603.8K | 633.9K | |
Common Stock | 509K | 516K | 522K | 525K | 529K | 315.4K | |
Other Liab | 5.1M | 113.0M | 1.9M | 5.7M | 6.6M | 6.3M | |
Net Tangible Assets | 178.6M | 197.1M | 24.8M | 165.4M | 190.3M | 199.8M | |
Other Assets | 81.3M | 288.9M | 198.9M | 151.3M | 1.0 | 0.95 | |
Long Term Debt | 231.9M | 712.3M | 494.6M | 495.3M | 496.0M | 341.8M | |
Deferred Long Term Liab | 4M | 1.3M | 1.9M | 2.9M | 2.6M | 2.8M | |
Property Plant Equipment | 204.6M | 108.8M | 118.3M | 153.9M | 176.9M | 105.4M | |
Long Term Debt Total | 231.9M | 712.3M | 494.6M | 495.3M | 569.6M | 351.0M | |
Capital Surpluse | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.2B |
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When determining whether ANGI Homeservices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ANGI Homeservices' 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 Angi Homeservices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angi Homeservices Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANGI Homeservices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in ANGI Stock please use our How to Invest in ANGI Homeservices guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Interactive Media & Services 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 ANGI Homeservices. If investors know ANGI 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 ANGI Homeservices 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 (0.75) | Earnings Share 0.08 | Revenue Per Share 2.213 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0091 |
The market value of ANGI Homeservices is measured differently than its book value, which is the value of ANGI that is recorded on the company's balance sheet. Investors also form their own opinion of ANGI Homeservices' value that differs from its market value or its book value, called intrinsic value, which is ANGI Homeservices' 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 ANGI Homeservices' market value can be influenced by many factors that don't directly affect ANGI Homeservices' 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 ANGI Homeservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if ANGI Homeservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGI Homeservices' 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.