Anaergia Good Will vs Cash 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 Good Will and its Cash 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.
Good Will vs Cash
Good Will vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anaergia Good Will account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Anaergia's Good Will and Cash is -0.53. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of Anaergia, assuming nothing else is changed. The correlation between historical values of Anaergia's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Anaergia are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., Anaergia's Good Will and Cash go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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.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
Click cells to compare fundamentals
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.