Anaergia Other Current Assets vs Current Deferred Revenue 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 Other Current Assets and its Current Deferred Revenue 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.

Other Current Assets vs Current Deferred Revenue

Other Current Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anaergia Other Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anaergia's Other Current Assets and Current Deferred Revenue is 0.76. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Anaergia, assuming nothing else is changed. The correlation between historical values of Anaergia's Other Current Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Anaergia are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Current Assets i.e., Anaergia's Other Current Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 Amortization3.4M3.7M5.8M4.2M
Interest Income917K23.5M27.1M28.4M

Anaergia fundamental ratios Correlations

0.17-0.250.680.7-0.110.730.480.190.65-0.35-0.710.730.380.20.240.73-0.110.380.6-0.570.72-0.080.45-0.30.72
0.170.660.630.530.950.490.511.00.280.4-0.020.660.671.00.980.330.810.670.610.230.40.860.75-0.340.67
-0.250.66-0.110.30.69-0.2-0.230.66-0.340.950.580.21-0.110.690.72-0.330.97-0.11-0.120.86-0.130.950.060.44-0.03
0.680.63-0.110.660.440.930.910.620.71-0.38-0.760.860.910.610.610.910.110.910.97-0.60.810.190.93-0.780.99
0.70.530.30.660.260.570.430.530.380.18-0.480.920.340.560.650.650.420.340.54-0.120.60.430.54-0.090.72
-0.110.950.690.440.260.290.40.940.120.450.190.410.610.930.890.110.80.610.460.360.170.860.64-0.320.46
0.730.49-0.20.930.570.290.880.480.62-0.43-0.830.820.790.470.490.910.00.790.96-0.650.950.070.85-0.720.91
0.480.51-0.230.910.430.40.880.470.45-0.48-0.80.710.910.460.470.91-0.040.910.97-0.660.790.030.95-0.90.83
0.191.00.660.620.530.940.480.470.340.40.010.650.661.00.970.30.810.660.590.230.360.860.72-0.320.68
0.650.28-0.340.710.380.120.620.450.34-0.51-0.460.450.640.310.230.53-0.140.640.57-0.590.39-0.060.47-0.550.76
-0.350.40.95-0.380.180.45-0.43-0.480.4-0.510.70.02-0.410.440.48-0.520.86-0.41-0.390.95-0.30.81-0.220.69-0.29
-0.71-0.020.58-0.76-0.480.19-0.83-0.80.01-0.460.7-0.64-0.560.01-0.04-0.950.44-0.56-0.780.88-0.830.4-0.630.67-0.68
0.730.660.210.860.920.410.820.710.650.450.02-0.640.610.670.740.820.380.610.81-0.290.830.420.8-0.390.88
0.380.67-0.110.910.340.610.790.910.660.64-0.41-0.560.610.630.580.730.111.00.91-0.530.590.20.94-0.920.87
0.21.00.690.610.560.930.470.461.00.310.440.010.670.630.990.310.830.630.580.260.380.880.72-0.290.67
0.240.980.720.610.650.890.490.470.970.230.48-0.040.740.580.990.350.850.580.580.270.440.890.72-0.230.66
0.730.33-0.330.910.650.110.910.910.30.53-0.52-0.950.820.730.310.35-0.150.730.91-0.750.88-0.10.82-0.730.86
-0.110.810.970.110.420.80.0-0.040.81-0.140.860.440.380.110.830.85-0.150.110.090.730.020.990.270.260.2
0.380.67-0.110.910.340.610.790.910.660.64-0.41-0.560.611.00.630.580.730.110.91-0.530.590.20.94-0.920.87
0.60.61-0.120.970.540.460.960.970.590.57-0.39-0.780.810.910.580.580.910.090.91-0.60.860.160.96-0.840.93
-0.570.230.86-0.6-0.120.36-0.65-0.660.23-0.590.950.88-0.29-0.530.260.27-0.750.73-0.53-0.6-0.550.68-0.420.74-0.52
0.720.4-0.130.810.60.170.950.790.360.39-0.3-0.830.830.590.380.440.880.020.590.86-0.550.060.74-0.530.78
-0.080.860.950.190.430.860.070.030.86-0.060.810.40.420.20.880.89-0.10.990.20.160.680.060.340.170.27
0.450.750.060.930.540.640.850.950.720.47-0.22-0.630.80.940.720.720.820.270.940.96-0.420.740.34-0.810.89
-0.3-0.340.44-0.78-0.09-0.32-0.72-0.9-0.32-0.550.690.67-0.39-0.92-0.29-0.23-0.730.26-0.92-0.840.74-0.530.17-0.81-0.69
0.720.67-0.030.990.720.460.910.830.680.76-0.29-0.680.880.870.670.660.860.20.870.93-0.520.780.270.89-0.69
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Anaergia Account Relationship Matchups

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.