Anaergia Cash vs Non Currrent Assets Other Analysis
ANRG Stock | 0.91 0.01 1.11% |
Anaergia financial indicator trend analysis is way more than just evaluating Anaergia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anaergia is a good investment. Please check the relationship between Anaergia Cash and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anaergia. 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.
Cash vs Non Currrent Assets Other
Cash vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anaergia Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Anaergia's Cash and Non Currrent Assets Other is 0.58. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Anaergia, assuming nothing else is changed. The correlation between historical values of Anaergia's Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Anaergia are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., Anaergia's Cash and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Anaergia, which is listed under current asset account on Anaergia balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Anaergia customers. The amounts must be unrestricted with restricted cash listed in a different Anaergia account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Anaergia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anaergia 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 Anaergia. 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. As of the 12th of December 2024, Enterprise Value is likely to grow to about 940.2 M, though Tax Provision is likely to grow to (8.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.4M | 3.7M | 5.8M | 4.2M | Interest Income | 917K | 23.5M | 27.1M | 28.4M |
Anaergia fundamental ratios Correlations
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Anaergia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Anaergia Stock
Balance Sheet is a snapshot of the financial position of Anaergia at a specified time, usually calculated after every quarter, six months, or one year. Anaergia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anaergia and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Anaergia currently owns. An asset can also be divided into two categories, current and non-current.