Agape Deferred Long Term Liab vs Net Tangible Assets Analysis
ATPC Stock | 1.42 0.02 1.39% |
Agape ATP financial indicator trend analysis is way more than just evaluating Agape ATP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agape ATP is a good investment. Please check the relationship between Agape ATP Deferred Long Term Liab and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agape ATP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.
Deferred Long Term Liab vs Net Tangible Assets
Deferred Long Term Liab vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agape ATP Deferred Long Term Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Agape ATP's Deferred Long Term Liab and Net Tangible Assets is -0.68. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Agape ATP, assuming nothing else is changed. The correlation between historical values of Agape ATP's Deferred Long Term Liab and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Agape ATP are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Deferred Long Term Liab i.e., Agape ATP's Deferred Long Term Liab and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Agape ATP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agape ATP 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 Agape ATP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 5.8 M, whereas Selling General Administrative is forecasted to decline to about 1.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 719.6K | 1.2M | 936.6K | 906.7K | Total Revenue | 1.0M | 1.9M | 1.4M | 1.7M |
Agape ATP fundamental ratios Correlations
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Agape ATP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agape ATP fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.3M | 7.2M | 4.7M | 2.8M | 5.7M | 5.1M | |
Total Current Liabilities | 84.0K | 1.0M | 1.3M | 1.2M | 1.1M | 677.0K | |
Total Stockholder Equity | 4.3M | 5.9M | 3.3M | 1.5M | 4.4M | 3.1M | |
Net Debt | (235.0K) | (3.1M) | (2.4M) | (1.4M) | (4.4M) | (4.2M) | |
Retained Earnings | (1.1M) | (734.4K) | (3.3M) | (4.9M) | (7.0M) | (6.7M) | |
Cash | 238.9K | 3.5M | 2.6M | 1.4M | 4.8M | 2.9M | |
Cash And Short Term Investments | 2.7M | 3.5M | 2.6M | 1.4M | 4.8M | 3.3M | |
Liabilities And Stockholders Equity | 4.3M | 7.2M | 4.7M | 2.8M | 5.7M | 5.1M | |
Total Liab | 84.0K | 1.3M | 1.4M | 1.2M | 1.4M | 764.8K | |
Total Current Assets | 3.5M | 5.7M | 3.9M | 2.0M | 5.2M | 4.2M | |
Non Current Assets Total | 798.6K | 1.5M | 812.4K | 763.2K | 559.3K | 760.3K | |
Accumulated Other Comprehensive Income | 9.8K | 181.0K | 93.4K | 9.3K | 30.2K | 50.6K | |
Other Current Liab | 77.2K | 648.1K | 858.4K | 643.2K | 658.9K | 535.7K | |
Accounts Payable | 2.8K | 0.0 | 13.7K | 54.4K | 90.4K | 95.0K | |
Net Receivables | 523.0K | 176.0K | 1.3K | 2.8K | 67.0K | 63.6K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Agape ATP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agape ATP's 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 Agape Atp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agape Atp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agape ATP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Health Care Providers & 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 Agape ATP. If investors know Agape 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 Agape ATP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.73) | Revenue Per Share 0.36 | Quarterly Revenue Growth 0.03 | Return On Assets (0.51) | Return On Equity (1.22) |
The market value of Agape ATP is measured differently than its book value, which is the value of Agape that is recorded on the company's balance sheet. Investors also form their own opinion of Agape ATP's value that differs from its market value or its book value, called intrinsic value, which is Agape ATP's 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 Agape ATP's market value can be influenced by many factors that don't directly affect Agape ATP's 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 Agape ATP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agape ATP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agape ATP's 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.