Agape Other Stockholder Equity vs Cash And Short Term Investments Analysis

ATPC Stock   1.44  0.02  1.41%   
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 Other Stockholder Equity and its Cash And Short Term Investments 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.

Other Stockholder Equity vs Cash And Short Term Investments

Other Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agape ATP Other Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Agape ATP's Other Stockholder Equity and Cash And Short Term Investments is 0.73. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash And Short Term Investments 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 Other Stockholder Equity and Cash And Short Term Investments 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 Stockholder Equity of Agape ATP are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Agape ATP's Other Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Agape ATP balance sheet. This account contains Agape ATP investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Agape ATP fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 Profit719.6K1.2M936.6K906.7K
Total Revenue1.0M1.9M1.4M1.7M

Agape ATP fundamental ratios Correlations

0.590.91-0.49-0.440.530.78-0.270.790.640.98-0.27-0.340.610.30.02-0.530.770.150.540.290.650.560.290.32-0.17
0.590.24-0.24-0.750.310.29-0.610.780.990.56-0.7-0.570.990.740.2-0.970.81-0.340.98-0.130.660.65-0.280.85-0.77
0.910.24-0.37-0.070.460.760.070.560.310.890.1-0.10.250.09-0.22-0.140.50.380.180.360.510.430.43-0.030.22
-0.49-0.24-0.370.43-0.93-0.720.4-0.46-0.31-0.560.380.09-0.30.43-0.630.33-0.580.12-0.23-0.58-0.15-0.01-0.42-0.290.1
-0.44-0.75-0.070.43-0.34-0.430.94-0.83-0.75-0.450.970.82-0.77-0.36-0.730.86-0.70.69-0.75-0.2-0.11-0.040.21-0.90.84
0.530.310.46-0.93-0.340.77-0.280.510.390.61-0.27-0.030.34-0.340.45-0.320.64-0.060.260.620.280.160.390.310.0
0.780.290.76-0.72-0.430.77-0.310.730.380.86-0.28-0.30.33-0.20.34-0.290.7-0.050.210.80.250.10.550.290.07
-0.27-0.610.070.40.94-0.28-0.31-0.7-0.6-0.260.980.7-0.6-0.27-0.830.74-0.550.63-0.65-0.130.080.110.4-0.780.82
0.790.780.56-0.46-0.830.510.73-0.70.810.79-0.72-0.750.770.420.42-0.770.82-0.420.720.350.350.28-0.040.78-0.56
0.640.990.31-0.31-0.750.390.38-0.60.810.63-0.69-0.550.990.690.22-0.960.87-0.30.97-0.030.680.66-0.20.83-0.71
0.980.560.89-0.56-0.450.610.86-0.260.790.63-0.27-0.340.590.190.07-0.510.830.130.50.460.630.520.420.33-0.1
-0.27-0.70.10.380.97-0.27-0.280.98-0.72-0.69-0.270.75-0.69-0.36-0.790.82-0.580.69-0.73-0.080.00.030.4-0.870.89
-0.34-0.57-0.10.090.82-0.03-0.30.7-0.75-0.55-0.340.75-0.55-0.4-0.490.62-0.40.77-0.5-0.140.090.140.22-0.780.68
0.610.990.25-0.3-0.770.340.33-0.60.770.990.59-0.69-0.550.690.23-0.980.85-0.340.97-0.070.680.65-0.170.84-0.75
0.30.740.090.43-0.36-0.34-0.2-0.270.420.690.19-0.36-0.40.69-0.28-0.650.33-0.130.75-0.590.540.63-0.580.51-0.63
0.020.2-0.22-0.63-0.730.450.34-0.830.420.220.07-0.79-0.490.23-0.28-0.390.31-0.650.240.39-0.41-0.49-0.110.54-0.52
-0.53-0.97-0.140.330.86-0.32-0.290.74-0.77-0.96-0.510.820.62-0.98-0.65-0.39-0.80.45-0.970.1-0.54-0.510.27-0.890.86
0.770.810.5-0.58-0.70.640.7-0.550.820.870.83-0.58-0.40.850.330.31-0.8-0.110.780.390.680.570.20.65-0.42
0.15-0.340.380.120.69-0.06-0.050.63-0.42-0.30.130.690.77-0.34-0.13-0.650.45-0.11-0.28-0.10.40.440.29-0.770.66
0.540.980.18-0.23-0.750.260.21-0.650.720.970.5-0.73-0.50.970.750.24-0.970.78-0.28-0.220.650.65-0.360.8-0.82
0.29-0.130.36-0.58-0.20.620.8-0.130.35-0.030.46-0.08-0.14-0.07-0.590.390.10.39-0.1-0.22-0.14-0.310.680.070.36
0.650.660.51-0.15-0.110.280.250.080.350.680.630.00.090.680.54-0.41-0.540.680.40.65-0.140.980.180.21-0.13
0.560.650.43-0.01-0.040.160.10.110.280.660.520.030.140.650.63-0.49-0.510.570.440.65-0.310.980.00.17-0.16
0.29-0.280.43-0.420.210.390.550.4-0.04-0.20.420.40.22-0.17-0.58-0.110.270.20.29-0.360.680.180.0-0.310.61
0.320.85-0.03-0.29-0.90.310.29-0.780.780.830.33-0.87-0.780.840.510.54-0.890.65-0.770.80.070.210.17-0.31-0.85
-0.17-0.770.220.10.840.00.070.82-0.56-0.71-0.10.890.68-0.75-0.63-0.520.86-0.420.66-0.820.36-0.13-0.160.61-0.85
Click cells to compare fundamentals

Agape ATP Account Relationship Matchups

Agape ATP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3M7.2M4.7M2.8M5.7M5.1M
Total Current Liabilities84.0K1.0M1.3M1.2M1.1M677.0K
Total Stockholder Equity4.3M5.9M3.3M1.5M4.4M3.1M
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)
Cash238.9K3.5M2.6M1.4M4.8M2.9M
Cash And Short Term Investments2.7M3.5M2.6M1.4M4.8M3.3M
Liabilities And Stockholders Equity4.3M7.2M4.7M2.8M5.7M5.1M
Total Liab84.0K1.3M1.4M1.2M1.4M764.8K
Total Current Assets3.5M5.7M3.9M2.0M5.2M4.2M
Non Current Assets Total798.6K1.5M812.4K763.2K559.3K760.3K
Accumulated Other Comprehensive Income9.8K181.0K93.4K9.3K30.2K50.6K
Other Current Liab77.2K648.1K858.4K643.2K658.9K535.7K
Accounts Payable2.8K0.013.7K54.4K90.4K95.0K
Net Receivables523.0K176.0K1.3K2.8K67.0K63.6K

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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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.